For many companies, 2020 has been a devastating year due to the consequences of the COVID-19 pandemic. While the same can be said for the digital health sector, the pandemic has also paved a way for unexpected and extraordinary business opportunities in 2021. Good ideas with a business loan from online lenders such as Biz2Credit are the ingredients for a successful business venture in this pandemic. In 2020, Digital health start-ups and more established companies have suffered, as have other
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Patient Care| Health IT, Digital Health Impact | News, Analysis, Insights - HIT Consultant
Challenges of Operationalizing Remote Patient Monitoring Data
Among the many evolving technologies in the healthcare industry, there may be none more important or impactful than remote patient monitoring (RPM) hardware and software solutions. This technology is opening up new possibilities in extended healthcare – saving patients money, limiting visits to the doctor’s office, and providing healthcare professionals with powerful tools for diagnosing and treating patients. As these tools continue to mature, software and hardware developers are solving
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Biobeat Launches Home-Based Remote Patient Monitoring Kit
What
You Should Know:
- Today, Biobeat, developer of AI-powered remote patient monitoring solutions, announced the launch of its home patient monitoring kit.
- The kit, which includes chest-monitors, compatible adhesive units, and a user-friendly manual, allows healthcare providers to bring hospital-level care to patient homes by empowering health staff and patients with proven wearable AI-powered remote patient monitoring technology.
Biobeat, an Israeli-based continuous remote
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HealthStream Acquires Policy Management System ComplyALIGN for $2M
What You Should Know:
- HealthStream, a provider of workforce
and provider solutions for the healthcare industry acquires
ComplyALIGN (incorporated as ProcessDATA,
Ltd.), a Chicago-based healthcare technology company for $2M in cash.
-
The number of policies and procedures that a typical hospital needs to manage
and continue to process rarely falls below one thousand. Staff members must
know what’s expected of them and have rules and procedures to guide their
day-to-day
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Philips Acquires Medical Device Integration Platform Capsule for $635M
What You Should Know:
- Philips announces the acquisition of Capsule, a leading vendor-neutral Medical Device Integration Platform with a software-as-a-service business model
- The Capsule acquisition is a strong fit with Philips’
strategy to transform the delivery of healthcare along the health continuum
with integrated solutions.
Philips, today announced that it has signed an agreement to acquire Capsule Technologies, Inc., an Andover, MA-based provider of medical device
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Transitioning from Traditional to E-Fax: How Healthcare Communications are Transforming Post-COVID
The majority of industries have decreased or eliminated their use of the traditional fax machine over the past decade, including aviation, retail, and even finance. While the healthcare industry is at the forefront of disease research and treatment, however, it is still heavily reliant on this aging technology.
Traditional fax has become ubiquitous in healthcare. It worked for health systems for many years, but the overwhelming volume of patient data and paper documents the healthcare
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Shields Health Solutions, ExceleraRx Announce Specialty Pharmacy Merger – M&A
What You Should Know:
- Shields Health Solutions and Excelera announce a major
specialty pharmacy merger that will form a combined company that consults with
700+ hospitals in 43 states, including Mass General Brigham, Yale New Haven,
Intermountain Healthcare and Henry Ford.
- The network of hospitals is designed to improve patient
care through an infrastructure that helps with things like acquiring prior
authorization for specialty drugs and staying adherent to them. It can also
lower
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TigerConnect Acquires Hospital Middleware Solution Critical Alert – M&A
What You Should Know:
- TigerConnect has announced an expansion in their suite
through the acquisition of Critical Alert, a leading provider of
enterprise-grade middleware for hospitals and health systems.
- For the hundreds of thousands of nurses that currently
use TigerConnect, these new capabilities will deliver real-time, contextual
information to their mobile device or desktop to allow them to work smarter,
prioritize responses, and efficiently coordinate care, all within the
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UnitedHealth Group Acquires Change Healthcare to Combine with OptumInsight for $13B
What You Should Know:
- UnitedHealth Group has reached an agreement to acquire
Change Healthcare in a deal valued at more than $13 billion, marking the first
major acquisition of 2021.
- Change Healthcare will be combined with OptumInsight to
advance a more modern, information, and technology-enabled healthcare platform.
UnitedHealth Group’s
has reached an agreement to acquire
healthcare technology leader Change
Healthcare for more than $13B. As part of the acquisition,
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Meaningful Use of Genomics Requires Informatics Beyond EMRs
Electronic medical records (EMRs) are widely expected to serve as a cornerstone technology that drives the delivery of modern patient care.
But can the EMR alone support all the informatics capabilities required by an ever-evolving healthcare industry? The rapid growth of precision medicine, particularly the use of genetic and genomic information during clinical decision making, is a compelling example that functionality beyond the EMR is required. Not only does genomic data represent a
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