Tag: healthcare industry

January 29, 2024

The future of healthcare and improved patient outcomes relies on a competent workforce and a prepared talent pipeline. Three in four employers cite challenges in hiring, and the healthcare industry is most impacted by the talent shortage. Providing high-quality healthcare […]

November 1, 2023

Valuable insights are buried inside the massive quantities of data collected in various healthcare settings, but extracting those insights is often challenging and resource-intensive for health systems and hospitals. At the same time, the need for insights from data has […]

July 20, 2023

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 […]

June 22, 2023

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 […]

June 15, 2023

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 […]

May 26, 2023

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 […]

April 28, 2023

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 […]

March 29, 2023

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, […]

March 16, 2023

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 […]

February 28, 2023

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 […]

February 16, 2023

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 […]

February 8, 2023

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 […]

January 26, 2023

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 […]

December 27, 2022

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 […]

December 22, 2022

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 […]

November 11, 2022

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 […]

October 3, 2022

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 […]

September 19, 2022

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 […]

September 15, 2022

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. […]

September 1, 2022

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 […]