What You Should Know:
- McKinsey reports that cloud capabilities have the potential to generate a value of $100 billion to $170 billion for healthcare companies in 2030. The cloud enables healthcare companies to innovate, digitize and realize their strategic goals.
- eClinicalWorks is currently investing over $100M in Microsoft Azure cloud services to accelerate innovations in digital healthcare.
Technological Solutions For Improving Patient Care and Health
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Patient Engagement Tools
Press Ganey Acquires Doctor.com, Acquires Majority Stake in Binary Fountain
What You Should Know:
- Press Ganey advances the healthcare consumerism movement with acquisitions of Doctor.com and a majority stake in Binary Fountain.
- Expanded technology platform enables industry-leading
management of providers’ online brand and seamless Web-wide patient acquisition
and loyalty strategies.
Press Ganey today
announced the expansion of its market-leading health care consumerism platform
with the acquisitions
of Doctor.com and a majority equity stake
in Binary
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Value-Based Reimbursement Contracts Now Account for 26% of Hospital Revenue, KLAS Finds
What You Should Know:
- Value-based reimbursement (VBR) contracts now account
for 26% of hospital revenue, according to a new report from KLAS research and
CHIME.
- Report reveals providers are looking first to their
electronic health record (EHR) systems to drive PHM, and are most interested in
investing in new healthcare information technology (HIT) when they know there
is a clear ROI.
With value-based reimbursement (VBR) adoption slowing, healthcare providers are searching
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Top 4 Disruptions Healthcare Providers Should Prepare to Address
The past few years have been particularly interesting for the healthcare landscape. We’ve seen a surge in telemedicine and retail clinics, increasing use of personal healthcare devices such as watches and fitness trackers, aggressive attempts to dismantle the ACA, the growing influence of private equity investment firms, and massive mergers with disruptive enterprise market entries such as Amazon. As the ground beneath them continues to shift, many providers are venturing into new territory to
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Time’s Running Out: Why Providers Must Adopt Telehealth in 2020
Sometimes life just gets in the way. Work schedules, family obligations, and unforeseen circumstances can make going to the doctor an inconvenience rather than a helpful necessity. It’s not uncommon for patients to forget or intentionally skip appointments, cancel unexpectedly, or even put off scheduling necessary follow-up visits.
But patients don’t have to neglect their healthcare just because of a hectic work schedule or a last-minute meeting. Telehealth is emerging as a convenient
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Research: October Health IT M&A Activity, Public Company Performance
- Healthcare Growth Partners (HGP) summary of Health IT/digital health merger & acquisition (M&A) activity, and public company performance during the month of October 2019
During the month of October, Health IT continued its evolution into an amorphous market that is increasingly trending away from a specialized niche of healthcare and into a key component of larger sectors such as Enterprise Software, HR Administration, Insurance, Care Delivery, Suppliers, and BioPharma.
The
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The Health IT Staffing Shortage Is a Problem Morphing Into a Crisis
Staffing shortages have plagued the healthcare industry for years, and this year hospital IT departments are feeling more pain than ever. The shortfall in physicians and nurses understandably gets the most press attention, but two phenomenons are pushing scarcity of specialized IT workers into the stratosphere: computer and IT jobs across all industries are projected to grow 12% from 2018 to 2028, and healthcare is projected to add 3.5 million jobs during the period, about one-third of all new
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Top 5 Factors Impacting the US Population Health Management Market
The North American Population Health Management (PHM) reached the $4 billion milestone for the first time in 2018, despite growth slowing for the second consecutive year. With the US provider market consolidating and vertical integration increasing, vendors are having to adapt their offerings to keep up with changing needs. Here is our take on the five trends that will impact market growth over the coming years:
1 – A Market Still Maturing
As the market has evolved, providers are taking
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Belong.Life Raises $14M to Expand AI-Powered Social Network for Cancer Patients
Belong.Life, creators of the "Belong - Beating Cancer Together" mobile app, the world's largest social network and navigator app for cancer patients, caregivers and healthcare professionals announced it has raised $14M in Series B funding led by IQVI. The Series B round also included participation from The Group Ventures and other existing investors.Founded in 2015 by noted entrepreneurs Eliran Malki, Irad Deutsch and Ohad Rubin after each lost relatives to cancer, Belong - Beating Cancer
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American College of Cardiology to Launch Ambulatory Chronic Disease Network
The American College of Cardiology and Veradigm have announced a strategic partnership create the largest ambulatory chronic disease network in the United States with more than 250,000 clinicians and 100 million patients. The partnership will integrate Veradigm's technology and analytic capabilities with ACC's NCDR PINNACLE Registry and Diabetes Collaborative Registry.In addition, the integration will leverage Veradigm's large specialist and primary care provider network on Allscripts and
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