As the healthcare industry continues to embrace emerging technology, the electronic health records market has continued to grow and will reach $31.5 billion in 2018, according to research from Kalorama Information.
In another sign that technology companies are increasingly looking for ways to build out their businesses in the healthcare sector, Amazon, Microsoft, Google, IBM, Oracle and Salesforce have teamed up to address healthcare interoperability.
Blockchain is no longer just a buzz word. The technology, which rose to fame by the decentralized digital currency Bitcoin, is entering the healthcare world. One study suggests one in five organizations will use it by 2020.
CVS Health is rolling out MinuteClinic Video Visits, a new telehealth service that provides patients with minor illnesses and injuries access to healthcare services at any time from their mobile device.
Jeff Immelt, former CEO of General Electric, announced on LinkedIn that he will be advising Collective Health, a start-up that offers software-driven workforce health management systems. The move comes less than a year since he announced his retirement as president and director of GE’s board and less than six months after becoming chairman of Athenahealth.
GlaxoSmithKline (GSK) announced a four-year, $300 million deal with 23andMe, a personal genomics and biotechnology company based in Mountain View, California. The British pharmaceutical company will have access to genetic information of 23andMe’s five million customers.
Considering the growing threat of ransomware in healthcare, organizations need to plan for the day their data become hostages, according to new research from Marshall University. Training and maintaining “digital hygiene” can not only reduce the likelihood of an attack, it also may reduce the financial and operational impacts of an incident.
Anthem announced a partnership with Samsung and American Well to offer a mobile app that will connect patients with U.S.-based healthcare providers for non-emergency medical information. The “Experts” service will be available the Anthem-covered individuals with Samsung mobile devices.
The University of Washington (UW) School of Medicine will begin a complete overhaul of its electronic health record (EHR) system—and it’s not going to be cheap. The school’s finance committee approved $180 million to replace existing Cerner and Epic systems with a single integrated platform.
Government regulation can’t keep up with innovation in healthcare technology, especially when dealing with mobile medical applications—and those in charge of developing regulatory framework know it, according to top officials at the FDA in a July 2 viewpoint in JAMA.
Lloyd B. Minor, the dead of Stanford University School of Medicine, equated problems harnessing the positives of EHR with the microscope. It took 70 years for that game-changing tool to lead to scientific breakthroughs—a delay that might have to do as much with the user as the instrument itself.
The U.S. Department of Veterans Affairs (VA) is about to undergo a massive, $16 billion revamp of its electronic health record (EHR) system. A month after a $10 million deal with Cerner was finalized, the Government Accounting Office (GAO) released a report that found the VA spent $3 billion on EHR support between 2015 and 2017.
In a June 18 release, HHS announced a ruling against the University of Texas MD Anderson Cancer Center in Houston requiring $4.3 million in civil penalties due to three data breaches from 2012 and 2013.
It’s long past asking “if” artificial intelligence (AI) and related technologies will revolutionize healthcare. According to a recent survey, 80 percent of executives expect AI will be integrated into the patient experience within two years. At the same time, 81 percent of respondents agree their organizations are not ready for the societal and liability issues that will result from this change.