What You Should Know: - 76% of patient-facing clinicians believe telehealth will make up a majority of patient care in the near future, according to key findings from Hewlett Packard Enterprise's (HPE) first-ever multi-country Future of Healthcare” Survey. The new report not only found healthcare clinicians and IT Decision Makers (ITDMs) optimistic about the future of telehealth but 85% of ITDMs noted that IT modernization is now one of the driving forces behind infrastructure investment in
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Patient Care| Health IT, Digital Health Impact | News, Analysis, Insights - HIT Consultant
Healthcare Automation Most Urgent Need to Improve Patient Care, Report Finds
What You Should Know: Half of the healthcare administrative staff report seeing an increase in the amount of manual data entry in the past 12 months — and 92% of clinicians agree that too much time spent on administrative tasks is a major contributor to healthcare worker burnout. This and other findings are revealed in the new Internet of Healthcare Report, produced by independent research firm Wakefield Research on behalf of Olive. The report uncovers how 1,700 patients, healthcare
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4 Key Ways 5G Technology is Transforming Patient Care
We hear a lot about 5G technology, but for many of us, its link to our lives goes as far as our smartphones and mobile service providers. But to think that 5G technology is only valuable for making our data speeds faster is like saying that electricity is great because it allows us to read books before bed. Sure, both are favorable side effects, but the impacts of each invention are far more widespread than that. A lot of industries have been disrupted by 5G technology — the video game
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How to Bolster EHR Efficiency and Access to Offer Better Patient Care
Over the past few decades, technology has advanced health care in incredible ways. Between robotic surgery, training through augmented reality, and the use of wearables to enhance health data, the industry has embraced numerous advances to improve patient care. However, the industry’s relationship with technology hasn’t always been seamless. While doctors and nurses work diligently to keep patients informed, more than 50% of clinicians suffer from regular burnout. The leading culprit?
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Talking about Cybersecurity Vulnerabilities in Medical Devices Shouldn’t be Taboo
According to the National Vulnerability Database, 18,353 vulnerabilities were reported in 2020. That’s nearly three times the volume of vulnerabilities reported five years ago, and higher than any year in the previous two decades. Given the rise in connected devices, this increase is not entirely unexpected. If that’s the case, shouldn’t we be seeing more vulnerability disclosures related to medical devices? The U.S. Department of Homeland Security Cybersecurity and Infrastructure
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OpenLoop Raises $3M to Expand Digital Health Marketplace for Clinicians
What You Should Know: - Techstars-backed OpenLoop raises $3M in funding to expand digital health marketplace to connect certified clinicians to telehealth opportunities. - The company plans to use the funding to This financing enables OpenLoop to expedite the development of their marketplace technology and grow their team of experts. OpenLoop, a Des Moines, Iowa-based virtual health company based in today announced their oversubscribed seed round financing of $3 million led by an
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PHINs: Addressing the Fundamental Flaws that Have Broken Healthcare
The fundamental problem with healthcare can be summed up in one sentence: We expect healthcare services that cater to our individual needs, yet the health care system operates under a one-size-fits-all, trial-and-error model. It is a model that results in missed diagnoses, protracted illnesses, and even premature death and wastes $935 billion annually. The financial toll of this outmoded approach pales in comparison to the human toll. More than 128,000 people in the U.S. die each year
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Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies. By comparison, Q1 of 2020 saw $3.2 billion and 127 investments. Health IT
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Why the Digital-First, Patient-Centered Care is Critical to Healthcare
In the turmoil of one of the hardest years the healthcare industry has experienced, many healthcare organizations innovated nearly overnight, transforming bedside tablets into virtual care providers and parking garages into field hospitals. Through the help of agile, flexible technology, healthcare has empowered providers to support patient care anywhere. The pandemic created a tipping point: The healthcare industry must accelerate its drive toward a digital-first mentality.
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Does Telemedicine Impede or Help the Patient-Centered Medical Home?
Traditional patient care patterns have been radically altered by the COVID-19 pandemic. And after more than a year of disruption, it’s doubtful that everyone will revert to those patterns after the pandemic. New habits have been formed, and consumers are more willing to pursue the path of least resistance in obtaining care, such as opting for quick and easy telemedicine appointments. Both patients and clinicians have identified benefits from virtual care approaches. However, this and other
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