healthcare it

You Need a Cyber Team

By KIM BELLARD Maybe you, like me, are an Olympics fan (in my case: Summer Games, track & field).  Most Americans look forward eagerly to the Super Bowl, while the rest of the world (and, increasingly, many in the U.S.) are waiting for the World Cup.  But too few of us are aware that next …

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Why Healthcare IT Must Embrace Full-Stack Observability for an Increasingly Digital Future

Gregg Ostrowski, Regional CTO of AppDynamics, part of Cisco Long before the pandemic, digital applications were already incredibly important to healthcare organizations, but over the last few years, they have become essential. Applications can assist with scheduling appointments, virtual doctor visits, accessing medical records and conducting tests down to the most complex AI-powered technologies such as medical imaging. As …

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Digital health in Europe: Before and after COVID

An interesting report from the European Observatory on Health Systems and Policies examined the “Use of digital health tools in Europe: before, during and after COVID-19“. Digital health is important not only because the technologies facilitate communication and disease monitoring, but also the technologies facilitate the creation of data that can be used to better …

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The real cost of electronic health records

Electronic health records (EHR) are moderns marvels. The ability to communicate and safely store patient information has the potential to greatly improve quality of care. Implementing EHR, however, is not costless. There is of course the cost of the EHR system itself and the cost of training staff on how to use the EHR system. …

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3 Ways Providers Can Navigate COVID-19 Vaccination Rollout Successfully

Lisa Romano, MSN, RN, Chief Nursing Officer at CipherHealth The New Year brings hope and promises that an end to the COVID-19 pandemic is in sight. With two vaccines authorized by the FDA for emergency use, and close to 3 million healthcare workers already vaccinated, there is hope that this virus will be eradicated and …

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Providence-Backed Tegria Acquires Healthcare IT Consulting Firm Cumberland

What You Should Know: – Tegria today announced the acquisition of Cumberland, a leading healthcare IT consulting and services firm for payers and providers. Financial details of the acquisition were not disclosed. – The acquisition accelerates the growth of Tegria, launched by Providence in October 2020 to provide next-generation technologies and services to the healthcare …

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Escalating Cyberattacks on Healthcare Organizations Highlight Need for Security Interventions

Michelle Drolet, CEO of Towerwall, Healthcare organizations have faced continual stress from heavy COVID-19 caseloads in 2020. Cyberattacks on their information networks also loomed as a serious threat, and the pressure to protect data is expected to grow this year, as more criminals target healthcare providers. Protecting patient data from unauthorized access has long been …

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Telehealth Helped Me Beat COVID-19, But It’s Just A Start

Lisa Romano, MSN, RN, Chief Nursing Officer at CipherHealth I was the voice of social distancing, a proponent of mask-wearing from the very start. Still, after months of keeping distance from loved ones, the idea of a quick, safe, outdoor family gathering on a beautiful fall day, even if we weren’t going to be wearing …

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Epic, Galen Healthcare, Chartis Group Named 2020 Overall Best in KLAS Awards

What You Should Know: – Epic was named the top Overall Software Suite for the eleventh consecutive year in the Best in KLAS 2021 Software & Services report, released today, which reports on the top vendors for 2020. Epic was also named the top Overall Physician Practice Vendor. Galen Healthcare Solutions was named the top Overall IT Services Firm. …

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CHIME-KLAS Report Reveals 10 Key EMR Interoperability Trends

What You Should Know: – New CHIME-KLAS interoperability report reveals steady progress in some areas related to interoperability and leaps forward in others. – A total of 67% of provider organizations reported they often or nearly always had access to needed records in 2020, up from 28% in 2017. Providers noted improvements in functionality and …

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Medsphere Acquires Healthcare Relationship Management Platform Marketware

What You Should Know: – Medsphere, a provider of affordable clinical IT systems and support services announced it has acqauired healthcare relationship management and analytics company Marketware. Medsphere Systems Corporation today announced the acquisition of Marketware, Inc., a leading developer of robust software tools focused on managing healthcare relationships and analyzing a wide variety of …

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Leveraging Technology and Data for COVID-19 Vaccine Distribution

Kevin Grauman, President and CEO, QLess After months of uncertainty, hope is finally on the horizon as three viable COVID-19 vaccine candidates are moving closer towards approvals for public distribution. Getting to this stage was extremely labor-intensive, but unfortunately, it’s not the end of the hardships. The coronavirus vaccine will represent the largest vaccine distribution …

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2020’s Top 20 Digital Health M&A Deals Totaled $50B

Teladoc Health and Livongo Merge The combination of Teladoc Health and Livongo creates a global leader in consumer-centered virtual care. The combined company is positioned to execute quantified opportunities to drive revenue synergies of $100 million by the end of the second year following the close, reaching $500 million on a run-rate basis by 2025. …

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CIO: 3 Rules for Meeting ONC/CMS Interoperability, While Improving Cybersecurity

Scott Galbari, CTO, Lyniate Drew Ivan, Chief Product and Strategy Officer, Lyniate Healthcare data security has been a growing concern for CIOs for the last year or so, as hackers are increasingly targeting health information. Now, with a global pandemic forcing a shift to telemedicine and remote work, and new rules from the ONC and …

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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 …

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5 Steps for Interoperability Excellence for Healthcare Providers

Shanti Wilson, Consultant, Freed Associates  As if 2020 couldn’t be any more challenging for healthcare providers, new federal rules on interoperability and patient access, granting patients direct access to their healthcare data, begin taking effect this November and continue into 2022. These rules, while ultimately beneficial to patients, bring an additional level of operational complexity to …

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The Modern Approach to Acquiring Healthcare IT

 Cheryl Rodenfels, Healthcare Strategist, Nutanix The COVID-19 pandemic has shed light on the shortcomings of today’s hospital and healthcare IT infrastructure, with many healthcare organizations quickly adopting the latest and greatest technology to support remote operations. However, in the scramble to adapt, many IT leaders did not ensure that the acquired technology integrated well with …

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Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others

Neela Montgomery, EVP & President at CVS Pharmacy/Retail CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company’s 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of …

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M&A: CompuGroup Medical Acquires eMDs for $240M

What You Should Know: – CompuGroup Medical (CGM) acquires eMDs, Inc. (eMDs), a leading provider of healthcare IT with a focus on doctors’ practices in the US, reaching an attractive size in the biggest healthcare market worldwide. – CGM is building an attractive platform for future growth through complementary product portfolios and the ability to …

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M&A: Medsphere Systems Corporation Acquires Micro-Office Systems

What You Should Know: – Medsphere acquires Micro-Office Systems (MOS), developer of systems integration and communication tools. MOS will retain its name and will serve as a division of Medsphere moving forward. Medsphere Systems Corporation today announced the acquisition of Micro-Office Systems (MOS) in a move that will even further enhance the value and usability of Medsphere’s affordable …

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COVID-19 Underscores Need for Identity Governance Administration

Wes Wright, CTO at Imprivata If you work in healthcare, chances are that the COVID-19 pandemic forced you to quickly scale up or move staff around to manage the onslaught of patients. The demand for clinicians and support staff grew alongside the spread of the virus, making organizations add clinicians or reassign employees with new …

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Why International Expansion Must Remain a Priority for Cerner, Epic, Allscripts, MEDITECH

What You Should Know: – How the top US acute EHR vendors, namely Cerner, Epic, Allscripts, and MEDITECH (+85% share of US acute market in terms of revenues), have progressed on international expansion. As highlighted below, there is a significant variance amongst the big four in terms of revenue and share of business outside the US. Cerner has by far the highest revenue at more …

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Cerner Launches AI-Powered Command Center Dashboard for COVID-19 Response

What You Should Know: – Cerner launches a new Command Center dashboard to help organizations visualize and optimize operations in a centralized location by leveraging real-time data and predictive analytics to provide situational awareness and decision support during COVID-19. – Powered by AI and predictive models, helps organizations align patient needs, staffing, and resources to …

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M&A Analysis: 3 Benefits of Siemens Healthineers’ $16.4B Acquisition of Varian Medical

What You Should Know: – Siemens Healthineers and Varian Medical announce a $16.4B deal in an all-cash transaction on 2nd August 2020. – Deal expected to close in 1H 2021. – Varian Medical will maintain its brand name and operate “independently” – Siemens AG will drop holding in Siemens Healthineers from 85% to 72% as …

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Cybersecurity: Managing Risk in the COVID-19 Era

Healthcare IT consultants’ work involving health records may expose them – and their provider and payer clients – to regulatory, legal, financial, and reputational risk. These risks are potentially higher in the COVID-19 era, with many of their employees working from home and accessing sensitive records and networks from remote locations. According to the US …

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Top 3 Priority Areas for Healthcare CIOs in the Age of COVID-19

What You Should Know: – In the age of COVID-19, healthcare CIOs cite interoperability, cybersecurity, and operationalizing SDOH data priorities as top three priority areas, according to the third annual LexisNexis focus group of CHIME executives. – The survey results also highlighted the importance of a team approach with support across the organization in helping CIOs …

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