Mercy Technology Services (MTS), the information technology arm of St. Louis-based Mercy health system, has launched a nationwide real-world evidence network to pool clinical data for advanced analysis. The new initiative aims to create a new model of curated data sharing among providers, drug and device makers, regulators and more to power better patient care.MTS Real-World Evidence (RWE) Network BackgroundDeveloped in partnership with global tech giant SAP, MTS’ new network aims to tap into
Read More
Digital Twin Technology: Should Healthcare Jump on the Bandwagon?
Source: The Living Heart Project
While healthcare is known for not jumping to conclusions very fast when investing in new technology, the industry starts to pick up the pace. Such “newcomers” as blockchain, IoT, VR, and AR get a well-deserved appraisal and become an integral part of next-gen custom healthcare software aimed at supporting personalized treatment and predictable patient outcomes across a wide range of conditions.
We anticipate that the digital twin technology has good chances
Read More
SAP: Digital Innovation Will Fuel Next Wave of Healthcare Breakthroughs
Nearly 70 percent of healthcare companies who transition to the digital economy are expected to see their growth significantly impacted over two years, according to an SAP/Oxford Economics survey of almost 400 global C-level healthcare executives. The survey was designed to track the progress of digital transformations of healthcare companies as they strive to gain a competitive advantage and are able to provide the best care for their patients. While lacking substantial impact from
Read More
SAP Health Division Partners with StartUp Health to Build Custom Healthcare Innovation Portfolio
The SAP Health division is partnering with StartUp Health, a global entrepreneurship development company to build a custom healthcare innovation portfolio, starting with up to 15 digital health startups. The partnership will focus specifically on developing new apps and platforms to be used with the SAP® Health platform built on SAP Cloud Platform.Also, the partnership will support the development of a SAP-sponsored innovation program within the StartUp Health Moonshot Academy. The aim is to
Read More
SAP Appoints Thomas Laur President of SAP Connected Health Group
This week, SAP announced it has appointed Thomas Laur as the new President of the SAP Connected Health group. In his new role, the former CEO of Sutherland Healthcare Solutions will help promote and guide the company’s Connected Health group - SAP’s recently established healthcare and life sciences division. The formation of the SAP Connected Health group reaffirms the company’s commitment to enabling smarter health decisions and advancing medical knowledge throughout the world in order to
Read More
SAP Purchases $18M Worth of Stock into Castlight Health
SAP has purchased purchased 4.76 million shares of newly issued Class B common stock in Castlight Health, a leading health benefits platform provider. The purchase results in SAP holding 4.7% post-issuance of the currently-outstanding common shares of Castlight, at a price per share of $3.77, for approximately $18 million in cash. SAP also received a warrant in connection with its stock purchase, under which SAP has the right to purchase an additional 1.9 million shares of Castlight Health Class
Read More
SAP Unveils SAP® Health Engagement Solution to Connect Caregivers, Patients
SAP today unveiled SAP® Health Engagement, a new solution to connect patients directly to physicians and health program managers. The solution gives health providers, health insurances and pharmaceutical companies the ability to build custom apps to help patients track their health through goal setting, as well as pull personalized assessments for chronic diseases and conditions.By directly linking patients to healthcare professionals with real-time data and high-speed analytics, the technology
Read More
SAP Unveils New Solutions to Advance Personalized Medicine
SAP SE announced SAP Foundation for Health and the SAP Medical Research Insights solutions built on the SAP HANA platform to realize the full potential of personalized medicine.
By unlocking patient data and uncovering insights in real time, the new solutions reveal the value of patient data, from biomedical data to EMRs to clinical trials. They facilitate data integration and provide real-time analysis and reporting that together lead to improved personalized medicine and patient care.
SAP
Read More