What You Should Know:
- Conversa Health's COVID-19 programs now include patient monitoring pre- and post-vaccination, education on vaccines, and appointment reminders.
- Healthcare workers at UCHealth in Colorado are
receiving 24/7 monitoring of vital signs two days before and seven days after
receiving their vaccinations courtesy of Conversa Health.
Conversa Health, a Portland, OR-based automated virtual care and triage platform, has expanded its suite of COVID-19 programs with
Read More
Physicians | Health IT Impact for Physicians | News, Analysis, Insights - HIT Consultant
30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021
As we close out the year, we asked several healthcare executives to share their predictions and trends for 2021.
Kimberly Powell, Vice President & General Manager, NVIDIA Healthcare
Federated Learning: The clinical community will increase their use of federated learning approaches to build robust AI models across various institutions, geographies, patient demographics, and medical scanners. The sensitivity and selectivity of these models are outperforming AI models
Read More
Patient-First Model: High Tech Meets High Touch for Individuals with Rare Disorders
Industry experts state that orphan drugs will be a major trend to watch in the years ahead, accounting for almost 40% of the Food and Drug Administration approvals this year. This market has become more competitive in the past few years, increasing the potential for reduced costs and broader patient accessibility. Currently, these products are often expensive because they target specific conditions and cost on average $147,000 or more per year, making commercialization
Read More
Gaps in Clinical Communication, Document Exchange Lead to Gaps in Care
Communication problems and inadequate information flow are two of the most common root causes of medical errors. The potential for miscommunication and faulty exchange of information in healthcare is substantial.
Consider: patient information is dispersed among multiple providers and payers along the continuum of care. Electronic Health Records (EHRs) and other clinical systems do not capture patient information or format medical documentation in a standardized manner. In an environment with
Read More
For Better Patient Care Coordination, We Need Seamless Digital Communications
A recent Advisory Board briefing examined the annual Centers for Medicare & Medicaid Services (CMS) Readmission penalties. Of the 3,080 hospitals CMS evaluated, 83% received a penalty for payments to be made in 2021, based on expected outcomes for a wide variety of treated conditions. While CMS indicated that some of these penalties might be waived or delayed due to the impacts of the Covid pandemic on hospital procedure volumes and revenue, they are indicative of a much larger
Read More
M&A: Philips Acquires Remote Cardiac Monitoring BioTelemetry for $2.8B
What You Should Know:
- Philips acquires BioTelemetry, a U.S. provider of
remote cardiac diagnostics and monitoring for $72.00 per share for an implied
enterprise value of $2.8 billion (approx. EUR 2.3 billion).
- With $439M in revenue in 2019, BioTelemetry annually monitors over 1 million cardiac patients remotely; its portfolio includes wearable heart monitors, AI-based data analytics, and services.
- BioTelemetry business is expected to deliver double-digit growth and improve its
Read More
Medical Device Design: 4 Ways Designers Can Create Medical Devices That Work for Everyone
Medical device design has been going through sweeping
changes over the last decade. Ten years ago,
medical device companies weren't concerned with delivering consumer-level
design: Devices that are both attractive and intuitively easy to use by a wide
variety of users. Then the Affordable Care
Act was passed, and adherence and healthy behavior change became a
regulatory requirement.
Our firm, which has been a long-time proponent of the
“consumerization” of medical
Read More
Mount Sinai to Deploy Current Health’s RPM Solution to Enhance Oncology Patient Care
What You Should Know:
- Mount Sinai Health System will implement Current Health’s
remote patient monitoring (RPM) solution to allow oncology patients to recover
at home while being continuously and passively monitored by their care team.
- The implementation will reduce hospitalization events and prevent potential patient exposure to infection while bridging the digital health divide as more and more patients engage in telehealth.
Current Health
today announced that its remote patient
Read More
Banner Health, WellSpan, Others Invest in Virtual Maternity Care Platform Babyscripts
What You Should Know:
- Virtual maternity care platform Babyscripts announced a
new round of investments from Banner Health, CU Healthcare Innovation Fund, The
Froedtert & Medical College of Wisconsin Health Network, and WellSpan
Health
- Using internet-connected devices for remote monitoring,
Babyscripts offers risk-specific experiences to allow providers to manage up to
90% of pregnancies virtually, allowing doctors to detect risk more quickly and
automate elements of
Read More
Cerner Invests in Elligo to Make Clinical Trials Accessible for Health Systems of All Sizes
What You Should Know:
- Cerner announced a strategic investment in Elligo
Health Research, a leading research organization that enables clinical trials
with nationwide community-based health care practices.
- Cerner plans to expand the data and tools available in
the Cerner Learning Health Network to offer additional clinical trial resources
to community and rural hospitals and physician practices.
- Financial terms of strategic investment were not disclosed.
Cerner
Read More
