Tag: analysis

Report: Pharma R&D ROI Falls to Lowest Level in 13 Years

Report: Pharma R&D ROI Falls to Lowest Level in 13 Years

HIT Consultant

What You Should Know:– Deloitte Centre for Health Solutions releases its thirteenth annual report, ‘Seize the Digital Momentum: Measuring the return from pharmaceutical innovation 2022’ that explores the performance of the biopharmaceutical industry (bio Pharma) and its ability to generate returns from investment in innovative new medicines.– Since 2021, much of the world has successfully adjusted to life where COVID-19 is more endemic as vaccines and treatments reduced the risk and severity of illness, however geopolitical turmoil and a global cost-of-living crisis have continued to drive serious instability in the health landscape.Pharmaceutical Innovation – Trends and Insights At a GlanceThis is…

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Health equity hindered by SDOH coding roadblocks

Health equity hindered by SDOH coding roadblocks

Healthcare IT news

A new American Health Information Management Association study aimed at finding a better understanding of the operational realities of how social determinants of health data is used in real-world healthcare scenarios, finding a lack of standardization, insufficient training and limited cross-sector use.WHY IT MATTERS
The study, conducted by NORC at the University of Chicago, surveyed more than 2,600 AHIMA members and nonmembers from a pool of 41,000 potential respondents between August 24 and September 9, 2022.
Respondents included coding professionals; managers, directors and vice presidents of health information management; HIM team members and executives. 
SDOH data can offer additional insights to help enrich clinical decision-making…

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Medication risk analysis company MDI Health raises $20M

Medication risk analysis company MDI Health raises $20M

MobiHealthNews

Healthcare analytics company MDI Health scored $20 million in Series A funding, bringing the company’s total funding to $26 million.Intel Capital led the round, with participation from Maverick Ventures Israel, alongside existing investors Fresh.Fund, Arc Impact, Hanaco Ventures, Jumpspeed Ventures, former Optum senior vice president Richard Montwill, Welltech Ventures and Basad Ventures.
Yoni Greifman, Intel Capital’s investment director, will join MDI’s board of directors.
WHAT IT DOES
Israel-based MDI offers an AI-enabled tool that provides medication risk analysis based on a patient’s medical records with the aim of preventing adverse drug reactions.
The funds will help the company scale its U.S. and Israeli research and…

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How Rural Healthcare Systems Can Strengthen Their Resilience

How Rural Healthcare Systems Can Strengthen Their Resilience

HealthTech Magazine

Hall and other CalvertHealth leaders knew there was room for improvement, but amid tight budgets and competing priorities, an upgrade seemed too expensive. Instead, CalvertHealth migrated its EHR recovery site to Amazon Web Services.Recovery time is now between two and four hours, Hall says, and CalvertHealth has since conducted two failover tests without anyone noticing.
“To me, it was a no-brainer. I thought, ‘If we don’t do it now, we won’t get to do it again.’ As a stand-alone, rural-based organization, we couldn’t achieve this on our own,” she says. “It was a huge win for us, and the driving piece of…

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Which Moves Should Providers Watch From Amazon, CVS & Walgreens This Year?

Which Moves Should Providers Watch From Amazon, CVS & Walgreens This Year?

MedCity News

Primary care has been historically dominated by traditional providers that deliver care via fee-for-service models, but retail companies have been amping up their efforts to disrupt the space in recent years. Over the next decade, it will become increasingly difficult for hospitals and other traditional healthcare providers to ignore these disruptors, according to a recent report from the American Hospital Association. 
The report cited a Bain & Company analysis that predicted disruptors could own as much as 30% of the $260 billion primary care market by 2030. So what moves by Amazon, Walmart and CVS will the industry need to watch to…

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Where Are All the Patients?

Where Are All the Patients?

MedCity News

It’s no secret that patient enrollment is one of clinical research’s biggest hurdles. According to an analysis of trials listed, 55% of terminated trials were ended because of low patient enrollment. The analysis also reported that Phase III and Phase IV trials have an enrollment efficiency of less than 40%. Yet another analysis found more than 80% of studies do not enroll on time, often leading to a study extension or additional research sites.
The problem isn’t just enrollment, it’s also the enrollment of diverse patients. Racial and ethnic minorities, specifically Black or African American, Hispanic/Latino, Indigenous and Native American, Asian, Native…

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Rising Costs Are Keeping Healthcare CFOs Up a Night — Can Data Help?

Rising Costs Are Keeping Healthcare CFOs Up a Night — Can Data Help?

MedCity News

The increasing costs of labor and supplies are the top issues keeping healthcare CFOs up at night, according to a new report released by Syntellis, a provider of performance management software. To effectively address these concerns, healthcare providers must ensure they have access to data-driven analytics software that can help them make important decisions — such as how to effectively manage their existing workforce and where to shift care delivery models — the report said.
Syntellis surveyed more than 200 U.S. healthcare finance professionals who work at hospitals, health systems and integrated delivery networks. These professionals agreed that last year was a…

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What Is PHI, and How Can Healthcare Organizations Keep It Secure?

What Is PHI, and How Can Healthcare Organizations Keep It Secure?

HealthTech Magazine

What Is Protected Health Information?According to UC Berkeley’s Human Research Protection Program, PHI includes any information found in medical records or clinical data sets that can be used to identify an individual. In addition, this information must have been collected, used or disclosed while providing a healthcare service. PHI can be used during the diagnosis or treatment of a patient or in clinical research processes.
The HIPAA Privacy Rule and Security Rule require the protection of identifiable health information, such as:
Information collected by doctors, nurses and other healthcare providers in the medical record
Conversations between doctors and other healthcare providers about a patient’s…

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Automated Feeding Platform to Study Mosquito Disease Transmission

Automated Feeding Platform to Study Mosquito Disease Transmission

Medgadget

A team at Rice University has developed an automated feeding platform for mosquitoes that allows researchers to test different types of repellent and investigate mosquito-borne disease transmission. Traditionally, such mosquito research would require human volunteers or animal subjects for the mosquitos to feed on, but this is obviously inconvenient and a little distasteful. This new system dispenses with the need for human volunteers and associated laborious data collection and analysis. The technology consists of 3D printed synthetic skin with real blood that flows through small vessels. Mosquitos can feed through the skin and are kept in place in a surrounding […]…

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High-Performance Computing Breaks the Genomics Bottleneck

High-Performance Computing Breaks the Genomics Bottleneck

HealthTech Magazine

Sequencing our 3.2 billion DNA base pairs is becoming increasingly crucial as genomic testing gains widespread acceptance. Advancements in genomics are improving the detection of mutations that can lead to illnesses, with the potential to revolutionize personalized medicine by enabling the development of more effective treatments for genetic disorders. High-performance computing is revolutionizing the field of genomics by accelerating the speed of analysis and processing of large-scale gene sequencing data sets. However, genomics is facing a massive Big Data problem. Scientists are struggling to process a growing volume of data as precision medicine turns to gene sequencing for individual patients….

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