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Tag: healthcare industry


Innovation, Med Tech

Why The Healthcare Industry Needs Blockchain More Than Ever

July 20, 2023

Via: HitConsultant

Trust is a crucial part of any society, and it is of the utmost importance within the healthcare industry. Ensuring the trustworthiness of healthcare providers is essential for patient confidence as they must be able to trust them to offer […]


EHR & EMR

Improving Medical Record Access Key to Unlocking Power of Data

June 22, 2023

Via: HitConsultant

The healthcare industry is facing immense pressure to provide patients with seamless and compliant access to their medical records. Despite recent regulations that discourage information blocking and promote interoperability for secure access, the medical records retrieval process remains confusing and […]


Innovation, Med Tech

New Study Brings A Wake-Up Call for Healthcare Industry to Modernize Software Testing

June 15, 2023

Via: Health IT Answers

In the fast-paced realm of healthcare, where cutting-edge technology and patient well-being converge, staying ahead of the curve is a matter that impacts millions of lives. One area that demands urgent attention is software testing – in the survey conducted […]


News

Securing mergers and acquisitions in healthcare

May 26, 2023

Via: Healthcare Dive

Economic uncertainty often stimulates industry consolidation — and in fact, analysts at both Bain and PwC are predicting that mergers and acquisitions in the healthcare industry will pick up in 2023. But beyond financial considerations, these transactions have many other […]


News

Without vehicle or viable public transit, 1 in 5 miss needed healthcare: report

April 28, 2023

Via: Healthcare Dive

Payers and providers in recent years have bolstered their efforts to address social determinants of health such as lack of transportation. Missed medical appointments can cost the U.S. healthcare industry as much as $150 billion annually. Insurers, particularly in the […]


News

How The Healthcare Industry Can & Should Be Supporting Unpaid Caregivers

March 29, 2023

Via: HitConsultant

Unpaid caregivers are the backbone of society, providing an essential service, yet often feel invisible and without support. In recent years, that backbone is starting to break with research showing that 70% of caregivers, including parents and caregivers of adults, […]


News

New Medical Billing Codes You Should Know About

March 16, 2023

Via: HitConsultant

Physicians need to keep their billing and coding right to ensure seamless reimbursements from payers. Similarly, they should stay updated with the latest coding changes to keep their revenue cycle intact. In addition, running a successful medical practice is a […]


News

The Rise of Fourth-Party Risk in Healthcare––And How to Combat It

February 28, 2023

Via: HitConsultant

In recent years, a wave of high-profile cyber attacks has shaken the healthcare industry to its core. Sensitive data has been breached; essential services have been forced offline; and healthcare providers have found themselves faced with unhappy customers and unsympathetic […]


News

Lawmakers stress urgency of healthcare worker shortage

February 16, 2023

Via: Healthcare Dive

As the healthcare industry continues to face pandemic-driven workforce challenges, lawmakers are exploring ways to boost the number of clinicians practicing in the U.S. “A shortage of healthcare personnel was a problem before the pandemic and now it has gotten […]


News

Top healthcare trends of 2023

February 8, 2023

Via: Healthcare Dive

Nearly three years after its onset, the COVID-19 pandemic continues to effect providers, insurers and other stakeholders in the healthcare industry. Trends this year include rising hospital expenses as staffing shortages and a reliance on contract labor continue to plague […]


Innovation, Med Tech

Artificial intelligence could save healthcare industry $360B a year

January 26, 2023

Via: Healthcare Dive

The buzz around AI has increased as the ChatGPT model takes the internet by storm. It’s no different in healthcare. The ChatGPT AI tool has passed the U.S. medical licensing exam, authored a number of scientific papers and is being […]


News

Looking back at 2022: The top healthcare stories

December 27, 2022

Via: Medical Device Network

The healthcare industry saw its share of ups and downs in 2022. Our response to the worldwide pandemic evolved over time, and so did the needs of the sector and the people relying on healthcare companies to deliver solutions. Along […]


Innovation, Med Tech

4 Data Security Challenges for Healthcare Organizations in 2022

December 22, 2022

Via: HitConsultant

The healthcare industry has always been a prominent target for cybercriminals worldwide. They can access high-value patient PHI/PII data and use it maliciously to disrupt the patient’s treatment routine and bring down uptime, which is critical. It has repercussions on […]


News

Healthcare Industry Least Likely to Increase Funding for Supply Chain Defense

November 11, 2022

Via: HitConsultant

BlueVoyant’s third annual global insights report focuses attention on how organisations are moving past problem identification and mitigating cyber risk challenges within supply chain vendors. The report also sheds light on the challenges identified by the respondents of 2022 in […]


Innovation, Med Tech

Can the Adoption of Healthcare Technology Keep Up With the Pace of Innovation?

October 3, 2022

Via: HitConsultant

The disruption of the healthcare industry is continuing at a frenetic pace. As reported in a World Economic Forum article, $44 billion was pumped into medical innovations in 2021. Experts expect this influx to continue, all with the hopes of […]


Innovation, Med Tech

4 Factors Driving Healthcare Transformation in 2022 to Watch

September 19, 2022

Via: HitConsultant

As the healthcare industry becomes more interconnected in response to a wide range of economic and societal factors, the landscape is changing for all parties involved, including payers, providers, and patients. In a dynamic time for the industry, here are […]


News

Healthcare industry’s resiliency to surging inflation is poised to ebb

September 15, 2022

Via: Healthcare Dive

While the price of groceries, energy and other goods and services have surged alongside record-high inflation this year, the healthcare sector has been mostly immune to immediate price increases. That immunity is starting to wane, industry experts say. Overall U.S. […]


Innovation, Med Tech

Is the healthcare industry spearheading the metaverse?

September 1, 2022

Via: medicaldevice-network.com

The medical metaverse is here. While Mark Zuckerberg is being slated for Meta’s surreal graphics and out of touch presentations, healthcare professionals have silently been using the technologies underpinning Web 3 to train surgeons and treat social anxiety. However, the […]


News

Why Mainstream Precision Medicine Hinges on Healthcare HPC Storage

March 24, 2022

Via: HitConsultant

The healthcare industry is experiencing a data deluge, and it shows no sign of slowing down. In 2020, estimates reported that healthcare data comprised a staggering 30% of the world’s total data volume; projections for 2025 bump that number up […]


News

How the Powerful Forces of COVID-19 Changed the Healthcare Industry

December 13, 2021

Via: HitConsultant

As COVID-19 began surging across the globe in the early months of 2020, it almost immediately flooded health care providers with challenges and demands the industry had never before seen. Suddenly doctors’ offices were closed to patients, hospital emergency departments […]