Entries by Alexander Craddock

Healthcare Integration: Expectation vs Reality

Competition among providers can drive greater healthcare value; however, in reality, the industry has been moving in the opposite direction — toward consolidation. There were 90 hospital and health system mergers/ acquisitions during 2018, with average seller revenue reaching a historic high of $409 million, according to advisory firm Kaufman Hall, which has been tracking […]

RSNA Dives Deep on Artificial Intelligence for Radiologists

The commercial market for artificial intelligence (AI) in healthcare is projected to grow at a compound annual growth rate of over 68 percent through the 2018-2022 timespan, according to industry researcher Frost & Sullivan. Driving the expansion: a tangible shift from innovation to adoption of AI among radiologists, because new tools are proving useful in […]

Interoperability Captures Spotlight at HIMSS19

Interoperability Captures Spotlight at HIMSS19 HIMSS19, health IT’s most expansive conference, kicked off on Feb. 11 with the release of a new Centers for Medicare and Medicaid Services (CMS) proposed policy rule detailing the agency’s vision for advancing industry-wide interoperability and patient access to health information. “We believe patients should have the ability to move […]

NetDirector Teams with DocPanel to Provide Rapid Integration and Data Consistency for Radiology Reads and Reports

From PRNewswire: Tampa, FL – December 13, 2018 – NetDirector, a cloud-based data exchange, and integration platform, has expanded their healthcare data-trading ecosystem by partnering with DocPanel, a digital community of highly-skilled subspecialty radiologists who provide radiology interpretations for both healthcare providers and patients. With a shared vision founded on providing exceptional patient care and […]

Why Interoperability Still Matters

When HIMSS asked hospital leaders to rate their most pressing 2018 concerns, “Health Information Exchange, Interoperability and Data Integration” ranked a rather middling 13th out of 24 total IT priorities. On a scale of 1 to 7, where 1 meant “not a priority” and 7 designated an “essential priority,” respondents gave interoperability a group score […]

Cost Control Essential to Managing Healthcare IT

C-level executives at Boston’s Brigham and Women’s Hospital realized two years ago that the medical center needed to shed at least $50 million from its $2.6 billion annual spending budget. “It was very clear we had to become a much leaner, more efficient organization,” said Ron Walls, the hospital’s chief operating officer. The Harvard-affiliated facility’s […]

Artificial Intelligence Set to Soar in Healthcare

The market for artificial intelligence (AI)-based medical image analysis software will grow exponentially over the next several years, from the current level of approximately $400 million to more than $2 billion in 2023, according to a recent report from Signify Research. Product development pace is at an all-time high, driven in part by the improved […]

No More Healthcare Faxes? Moving Away from the Fax and Legacy Technology

A few minutes into her address at the ONC Interoperability Forum in Washington on August 6, CMS Administrator Seema Verma let fly with an imposing order. “If I could challenge the developers in this room here today to achieve one mission, it would be this: Help us make every doctor’s office in America a fax-free […]

Telehealth on the Rise Across Delivery and Payment Components

Momentum in key areas will drive telehealth to new heights in the coming years. Academic investigation confirms telehealth’s effectiveness, according to a review of 145 articles conducted earlier this year by the Agency for Healthcare Research and Quality. The study finds evidence that recognizes the advantages of telehealth, particularly for remote intensive care and specialty […]

Healthcare Data Risk Still Top-of-Mind in 2018

Data breaches remain an urgent daily concern for healthcare providers and their business partners. In August 2018 alone, the U.S. Department of Health and Human Services posted to its breach portal 18 separate incidents that exposed unsecured protected health information (PHI) affecting at least 500 individuals. As outlined in the timeline below, during just the […]