Will Big Tech ’ s Entrance into Healthcare Just Entrench the Current Expensive Healthcare System Even More?
A lot has been made about big tech companies entering healthcare. In fact, it’s something we’ve covered on this site quite a bit (See: Google, Apple, Microsoft, and Amazon). That doesn’t even include other big tech companies like Salesforce and BestBuy or even large retailers like Walmart, Walgreens, and CVS. It seems like almost every […] (Source: EMR and HIPAA)
Source: EMR and HIPAA - December 4, 2019 Category: Information Technology Authors: John Lynn Tags: Ambulatory Health IT Company Healthcare IT Hospital - Health System LTPAC Amazon Apple BestBuy Big Tech CVS Google Healthcare Costs Healthcare Disruption Microsoft SalesForce Walgreens Walmart Source Type: blogs
Outcomes-Based Pharmaceutical Contracts Can Shape the Future of Healthcare
I think that it would be a very good idea if drug costs, particularly for the most expensive ones, were based on outcomes for patients under treatment. This is to say, payment for the drug would be based on evidence that the drug is both efficacious and safe. Outcomes-based drug contracts were the basis for a recent article (see:Outcomes-Based Contracts Can Shape the Future of Health Care) and an excerpt is presented below: Over the past decade, much of the health care economy has shifted from rewarding quantity (fee-for-service) to instead rewarding quality (outcome- and value-based payments). And yet, pharmac...
Source: Lab Soft News - November 26, 2019 Category: Laboratory Medicine Authors: Bruce Friedman Tags: Cost of Healthcare Electronic Health Record (EHR) Healthcare Information Technology Hospital Financial Pharmaceutical Industry Quality of Care Source Type: blogs
New York State HIE Is Lowering Healthcare Costs By As Much As $200 Million
A New York HIE has concluded that it’s having the impact supporters of data sharing have always hoped for – generating a substantial level of healthcare savings. According to an announcement by the New York eHealth Collaborative (NYeC), organizations using the Statewide Health Information Network for New York (SHIN-NY) are reducing needless healthcare spending in […] (Source: EMR and HIPAA)
Source: EMR and HIPAA - November 25, 2019 Category: Information Technology Authors: Anne Zieger Tags: Administration AI/Machine Learning Analytics/Big Data EMR-EHR Healthcare IT Hospital - Health System 21st Century Cures Act Health Data Sharing Health Information Exchange HIE New York eHealth Collaborative ONC SHIN-NY Source Type: blogs
It Looks Like Real-Time Access To Current Health Information Really Makes A Difference!
This release appeared last week:Statewide Network for Clinical Data Sharing Reduces Healthcare Costs by an Estimated $160-195 Million AnnuallyPosted on November 12, 2019 by NYeC Staff FOR IMMEDIATE RELEASE: November 12, 2019 New analysis estimates potential savings of $1 billion once the Statewide Health Information Network for New York is fully leveraged ALBANY, NY – Today the New York Health Collaborative (NYeC) announced that use of the Statewide Health Information Network for New York (SHIN-NY) is reducing unnecessary healthcare spending in New York State by $160-$195 million annually—including significant savings ...
Source: Australian Health Information Technology - November 19, 2019 Category: Information Technology Authors: Dr David G More MB PhD Source Type: blogs
AI-Powered Voice Assistance Behind New Digital Health Company Frontive Health (Interview)
Voice assistants are quickly becoming a popular consumer tool that allows users to access libraries of skills, including games, news, and reminders. Last month, Los Angeles-based Frontive Health launched its smart personal health platform to help patients more easily adhere to their care regimens by leveraging Amazon Echo’s voice assistant. Utilizing a “less is more” approach to collating medication instructions, pre-, and post-procedure protocols, and lifestyle modifications, Frontive’s artificial intelligence (AI) enabled technology prioritizes daily actions that lead to optimal patient outcomes.
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Source: Medgadget - October 25, 2019 Category: Medical Devices Authors: Medgadget Editors Tags: Exclusive Informatics Medicine Rehab Surgery Source Type: blogs
Amazon Pays Costs for Its Employees to Seek Specialized, Early Cancer Care
Employers are becoming increasingly active in providing special health services to their employees. Such an employee/employer cohort is being called a aSmart Health Community, the activities of which are beneficial to both parties (see:Smart health communities and the future of health). Now comes news that Amazon is assisting its employees in getting high quality cancer care from a specified cancer hospital (see:Amazon Joins Trend of Sending Workers Away for Health Care). Below is an excerpt from the article:Employers are increasingly going the distance to control health spending, paying to send workers across the co...
Source: Lab Soft News - October 17, 2019 Category: Laboratory Medicine Authors: Bruce Friedman Tags: Cost of Healthcare Diagnostics Healthcare Innovations Medical Consumerism Public Health Radiology Source Type: blogs
Are Neighbors the New Caregivers? | Matiu Bush, RMIT University & One Good Street
By JESSICA DAMASSA, WTF HEALTH
A few weeks ago, WTF Health took the show on the road to Australia’s digital health conference, HIC 2019. We captured more than 30 interviews (!) from the conference, which is run by the Health Informatics Society of Australia (hence the HISA Studio branding) and I had the opportunity to chat with most of the Australian Digital Health Agency’s leadership, many administrators from the country’s largest health systems, and a number of health informaticians, clinicians, and patients. I’ll be spotlighting a few of my favorites here in a four-part series to give you a flavor of what’s...
Source: The Health Care Blog - October 17, 2019 Category: Consumer Health News Authors: Christina Liu Tags: Australia HIC Conference Health Tech Health Technology Jessica DaMassa WTF Health HIC 2019 HISA Source Type: blogs
What Is Digital Health and How Does a Health System Get There?
Digital health is a term being bandied about currently so I thought it would be a good start for this note to define it. Below is a paragraph that, while very broad, conveys the complexity of the pursuit of digital health (see:Digital Medicine: A Primer on Measurement):Digital medicine describes a field, concerned with the use of technologies as tools for measurement, and intervention in the service of human health.Digital medicine products are driven by high-quality hardware and software products that support health research and the practice of medicine broadly, including treatment, recovery, disease prevention, and healt...
Source: Lab Soft News - October 5, 2019 Category: Laboratory Medicine Authors: Bruce Friedman Tags: Digital Imaging in Pathology Electronic Health Record (EHR) Health Wearable Healthcare Information Technology Healthcare Innovations Medical Research Predictive Analytics Telemedicine Test Kits and Home Testing Source Type: blogs
The Opportunity in Disruption, Part 3: The Shape of Things to Come
By JOE FLOWER
Picture, if you will, a healthcare sector that costs less, whose share of the national economy is more like it is in other advanced economies—let’s imagine 9% or 10% rather than 18% or 19%. A big part of this drop is a vast reduction in overtreatment because non-fee-for-service payment systems are far less likely to pay for things that don’t help the patient. Another part of this drop is the greater efficiency of every procedure and process as providers get better at knowing their true costs and cutting out waste. The third major factor is that new payment systems and business models actually drive t...
Source: The Health Care Blog - September 24, 2019 Category: Consumer Health News Authors: Christina Liu Tags: The Business of Health Care Disruption health reform Healthcare system Source Type: blogs
Harvard Health Ad Watch: What you should know about direct-to-consumer ads
If you’re like most people, you’ve seen a ton of direct-to-consumer (DTC) drug ads in recent years. They’re all over television, in magazines, online, on billboards, and slapped on the sides of buses, promoting treatments for arthritis, cancer, heartburn, psoriasis, flagging memory — and more. The deluge of drug ads can be overwhelming. Worse, the information is often incomplete, biased, or confusing. That’s why we’re launching the Harvard Health Ad Watch series to highlight some benefits and problems with health product advertisements. We’ll focus on the evidence behind the ads and show you how — a...
Source: Harvard Health Blog - September 20, 2019 Category: Consumer Health News Authors: Robert H. Shmerling, MD Tags: Children's Health Drugs and Supplements Men's Health Women's Health Source Type: blogs
The Opportunity in Disruption, Part 2: The Shape of Today ’s System
By JOE FLOWER
The system is unstable. We are already seeing the precursor waves of massive and multiple disturbances to come. Disruption at key leverage points, new entrants, shifting public awareness and serious political competition cast omens and signs of a highly changed future.
So what’s the frequency? What are the smart bets for a strategic chief financial officer at a payer or provider facing such a bumpy ride? They are radically different from today’s dominant consensus strategies. In this five-part series, Joe Flower lays out the argument, the nature of the instability, and the best-bet strategie...
Source: The Health Care Blog - September 16, 2019 Category: Consumer Health News Authors: Christina Liu Tags: Health Policy Health Technology Health care Disruption Health care system health reform Joe Flower payment system Source Type: blogs
High Healthcare Costs — Are Insurance Premiums a Cause or an Effect?
In 2010, the state of Rhode Island decided to tackle high healthcare costs. It did so by requiring insurers to meet affordability standards. The plan worked, but not for the reasons you probably suspect. Let’s start with what Rhode Island’s standards … Continue reading →
The post High Healthcare Costs — Are Insurance Premiums a Cause or an Effect? appeared first on PeterUbel.com. (Source: blog.bioethics.net)
Source: blog.bioethics.net - September 13, 2019 Category: Medical Ethics Authors: PeterUbel.com Tags: Health Care health policy Peter Ubel syndicated Source Type: blogs
The Opportunity in Disruption, Part 1
By JOE FLOWER
The system is unstable. We are already seeing the precursor waves of massive and multiple disturbances to come. Disruption at key leverage points, new entrants, shifting public awareness and serious political competition cast omens and signs of a highly changed future.
So what’s the frequency? What are the smart bets for a strategic chief financial officer at a payer or provider facing such a bumpy ride? They are radically different from today’s dominant consensus strategies. In this five-part series, Joe Flower lays out the argument, the nature of the instability, and the best-bet strategie...
Source: The Health Care Blog - September 12, 2019 Category: Consumer Health News Authors: Christina Liu Tags: Health Policy Health care Disruption Health care system Joe Flower Source Type: blogs
Medical Community Braces for Algorithm to Reduce Unnecessary Imaging Orders
Eventually, algorithms will be broadly used to assess the appropriateness of diagnostic imaging orders by clinicians, but not by January 2020. That's the date CMS has mandated that such algorithms will be deployed as part ofPAMA (Protecting Access to Medicare Act). This topic was discussed in a recent article (see:Docs Brace for Medicare'Appropriate' Imaging Rule). It's long so link to it if you are vitally interested. Below is a short excerpt from it:As the medical community braces for implementation of theProtecting Access to Medicare Act (PAMA) by the Jan. 1, 2020 deadline, some wonder if it&...
Source: Lab Soft News - August 27, 2019 Category: Laboratory Medicine Authors: Bruce Friedman Tags: Cost of Healthcare Diagnostics Healthcare Information Technology Healthcare Innovations Medical Research Predictive Analytics Radiology Source Type: blogs
The Rebellion of the Buyers
By JOE FLOWER
Did you catch that headline a few weeks back?
An official of a health system in North Carolina sent an email to
the entire board of the North Carolina State Health Plan calling them a bunch
of “sorry SOBs” who would “burn in hell” after they
“bankrupt every hospital in the state.”
Wow. He sounds rather upset. He sounds angry and afraid. He
sounds surprised, gobsmacked, face-palming.
Bless his heart. I get it, I really do. Well, I get the fear and
pain. Here’s what I don’t get: the surprise, the tone of, “This came out
of nowhere! Why didnR...
Source: The Health Care Blog - August 15, 2019 Category: Consumer Health News Authors: Christina Liu Tags: Economics Health Policy buyers health economics health reform Joe Flower Payers Source Type: blogs
