James Caffrey, Leader of Strategic Projects & Ventures, Monitoring & Analytics, Philips
The healthcare industry is facing significant pressures around costs and outcomes as it shifts to a value-based care model. To alleviate these concerns, hospitals are looking to technology to help. Over the years, technology has significantly evolved with more connectivity, advanced algorithms and introduction of machine learning and AI. These advancements have greatly improved efficiencies and
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AHN to Implement Mercy Virtual’s ICU Program to Enhance Critical Care
Allegheny Health Network (AHN) and Highmark Health has signed a partnership agreement with Mercy Virtual to establish an innovative telehealth model that will enhance the delivery of critical care services in communities across western Pennsylvania. A subsidiary of the St. Louis-based health system Mercy, Mercy Virtual is a leader in the development and delivery of telehealth solutions to hospitals around the country.24/7 ICU Patient Care SupportThrough state-of-the-art telecommunication and
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Reaching the Healthcare Mainstream: Wearables and Remote Patient Monitoring Market Map
Even though 2014 was supposed to be the “year of the wearable” according to Forbes, five years later we are now seeing the wearable reach maturity and mass-adoption. This increase in adoption has largely been driven by software and hardware stability which is now allowing these devices to be used with confidence to manage an individual’s health and wellness, including chronic condition management. The graphic below from Accenture shows the increase in technology usage across consumers to manage
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2019 MedTech Breakthrough Award Category Winners Announced
MedTech Breakthrough, a market intelligence organization that recognizes the top companies, technologies, and products in the global digital health and medical technology market has unveiled the results of its 2019 MedTech Breakthrough Awards program, showcasing technologies and companies that drive innovation and exemplify the best in medical and health-related technology solutions across the globe.MedTech Breakthrough Awards Program OverviewThe MedTech Breakthrough Awards program is the
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Mothers in the U.S. Are Dying: What Are We Doing to Save Them?
Source: World Health Organization (WHO)
The maternal mortality rate in the United States is the highest of any developed country – and the rate is rising. The US is currently the most dangerous place to give birth in the developed world.
Few to none of these maternal deaths are due to medical mismanagement. Instead, problems of access, care coordination, and inequities in health care resources and social services are at the heart of maternal death rates.
Minority women, particularly those
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(UVM) Health Network Signs 10-Year Agreement With Philips to Create Consistent Patient Experience Across Network
The University of Vermont (UVM) Health Network, a leading provider of quality care has signed a 10-year strategic partnership agreement with Philips. The partnership, which extends an existing relationship between the two organizations will help support staff in providing high-quality care and advance efforts to improve the health of the population in Vermont and Northern New York.Why UVM Health Network Selected PhilipsThe UVM Health Network provides high-quality care for patients on both sides
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EMR Connects Patients to Digital Health Coaches, Increasing Adherence
Millions of Americans with chronic conditions rely on health coaches to manage and improve their conditions through diet, exercise, and medication management. However, the patient enrollment process for a health coach is currently outside of the clinical Electronic Medical Records (EMR) workflow, delaying the coordination between patient and coach to several weeks and months. This delay has significant potential to derail a patient’s initial introduction with their coach, oftentimes outside of
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3 Major Problems With the Medical Device and Wearables Market in 2019
Technology can improve human life in significant ways and aid in the fight against troublesome illnesses. Unfortunately, no technology is perfect — and newer technologies are especially prone to growing pains.There are three major problems in today's medical devices and wearables market: potential sabotage of the devices themselves, devices as a backdoor into networks and patient data, and device manufacturers taking advantage of regulatory loopholes to get their products on the market.1. Many
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Survey: 83% of Consumers Are Interested in Receiving Virtual Care, But Only 17% Have Access To It
Virtual care received an essential boost in November 2018 when CMS Administrator Seema Verma addressed the Alliance for Connected Care Telehealth Policy Forum for Health Systems. Verma told the audience, "Telehealth is changing the very face of healthcare.” This shift is apparent in the behaviors of healthcare consumers. While consumers may love the idea of virtual care, a new study shows few are taking advantage of it.Patients Hungry for Virtual CareThat’s the core message coming out of a
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Biofourmis Lands $35M for AI-Powered Digital Therapeutics Platform
Biofourmis, a Boston, MA-based digital therapeutics platform, today announced that it has raised $35 million in Series B funding led by Sequoia Capital/Sequoia India and co-led by Mass Mutual. The latest funding round will enable the company to advance its proprietary artificialintelligence (AI)-powered digital therapeutics platform and pipeline that treats and manages a range of complex chronic conditions.Digital Therapeutics is Redefining The Healthcare Value ChainFounded in 2015, Biofourmis
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