The pandemic has accelerated the adoption of digital health technologies across the healthcare industry. Digital transformation is now the top priority for many healthcare leaders as they seek to build resilient systems. At its core, this means implementing emerging digital technologies to modify essential operations, processes, and services to ease staff workload and withstand future challenges. The primary drivers of digital transformation are consumerism, cost, and experience/expectations,
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Quadruple Aim
Report: 2022 KLAS Emerging Solutions Top 20
What You Should Know: - KLAS asked 16 prominent members of the healthcare community with broad HIT expertise to read 42 KLAS reports on emerging technology and rate their perception of the solutions based on their potential to impact the Quadruple Aim of Healthcare: to improve outcomes, reduce the cost of care, improve the patient experience, and improve the clinician experience. - The new report by KLAS (1) ranks these emerging solutions by their ability to disrupt the
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Philips and Prisma Health Partner to Drive Enterprise Interoperability & Imaging Solutions
What You Should Know: - South Carolina’s largest health system Prisma Health adopts Philips software solutions for patient monitoring and enterprise imaging, helping to drive interoperability and data analytics, and deliver on Quadruple Aim. - The partnership reflects today’s growing trend of long-term strategic partnerships (LSPs) within hospitals and health systems to better manage the cost and complexity of their technology investments over a defined period of time while expanding
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The Need and Value for Connected Virtual Care
Patients today have more options than ever for accessing care outside of their traditional health systems and physician practices. While access to care has no doubt improved, the addition of new channels has created new problems and exacerbated longstanding ones, notably with care coordination, consistency and continuity of care, patient and clinician satisfaction, and ensuring both HIPAA compliance and organizational privacy and security policies. Telehealth is meeting the need for
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Tampa General, Philips Ink 7-Year Partnership to All Bedside Patient and Vital Sign Monitors
What You Should Know: - Tampa General Hospital announces a seven-year strategic partnership with Philips to innovate and improve patient experience. - As part of the partnership, Tampa General will replace all bedside patient and vital sign monitors throughout the 1,006-bed hospital and upgrade key imaging equipment in the catheterization laboratories and interventional radiology rooms. Tampa General Hospital (TGH) and Philips today announced they are creating a
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Philips Launches Virtual Care Station to Deliver Personalized Telehealth
What You Should Know: - Philips announced the launch of Virtual Care Station, a telehealth environment delivering virtual care services to patients in convenient neighborhood locations, such as retail settings, libraries, town halls and universities. - Using proven Philips technology developed for the ATLAS program (Accessing Telehealth through Local Area Stations), which was created to serve healthcare needs of U.S. Veterans, Virtual Care Station provides all patients, including those
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VA, Philips to Create World’s Largest Tele-Critical Care System for Veterans
What You Should Know: - U.S. Department of Veterans Affairs selects Philips to create the world’s largest tele-critical care system, further integrating tele-health and delivering quality care for veterans. - The ten-year contract, which enables VA to invest up to $100 million with Philips for tele-critical care technology and services, leverages Philips history of innovation, including research into technologies that can better support veterans, telehealth,
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Philips Launches Emergency Care Informatics Suite to Power Real-Time Feedback Between Emergency Responders & Doctors
What You Need to Know: - Philips launches its new pre-hospital informatics solution for emergency responders in the U.S. market and will debut it at HIMSS 2020 next week. - Emergency medical service personnel are facing rising demands in their roles while also encountering challenging and diverse cases that require better technology to meet patient needs. - By providing real-time, bidirectional feedback between emergency responders on the scene and doctors in the hospital awaiting the
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Sharecare Acquires Value-Based Care Platform Visualize Health
- Sharecare acquires Visualize Health, a Franklin, Tenn.-based population health and quality measure platform that enables payers and providers to close gaps in patient care to maximize value-based care. - The acquisition will enhance Sharecare’s capabilities for medical records management and is the 14th acquisition since Sharecare was founded in 2010. Sharecare, the digital health company that helps people manage all their health in one place, today announced its acquisition of
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3 Trends Driving Healthcare Mergers & Acquisitions (M&A) Activity in 2020
Livingstone’s Ryan Buckley shares insights behind the prevalent healthcare M&A trends of 2020 and its impact on U.S healthcare. The New Year often brings with it an essence of transformation. This year, U.S. healthcare’s metamorphosis is now more than a decade old, as it continues to shed its antiquated legacy systems and siloes to embrace a different kind of entity—one that hopes to establish weight in value-based care at a scale robust enough to substantiate it.
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