Reminders

Healthcare Transformation

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Quality of Care - The New Healthcare Currency

By Cynthia Burghard

We hear everyday of the challenges facing provider organizations as they straddle the shifting reimbursement landscape. Well grounded in the fee for service reimbursement models, providers struggle to balance their volume-based operating models with the growth of value-based models. In the former model, if a procedure is done it is reimbursed, regardless of the outcome. The latter it is the outcome that is rewarded and for which at least partial payment is attributed. Adding additional financial risk is the requirement for providers to invest in technology and people to deliver the results required of the contract while not understanding what an expected return on investment might be. We have long understood that improved quality eventually translates into savings, but what are providers to do in the short term to keep the lights on?


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Interview with Czech General University Hospital CIO


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Patient engagement is a journey that offers an advantageous paradigm for healthcare digital transformation strategies. Conceptually, it builds on an appreciation of the changing role for patients (and their families) in modern day healthcare and the importance of generating efforts that organize towards engaging them as care-seeking consumers. In application, patient engagement and its underlying technologies can transform care-seeking consumers into new patients and empower existing patients to become more involved in their health and care. With time this journey can culminate into a digital transformation end state, which combines a mix of patient engagement technologies that collectively achieve an inimitable, competitive, and highly necessary advantage for the provider organization that is conducive to success.

IDC Health Insights recently published two DecisionScape reports on patient engagement, IDC TechScape: U.S. Healthcare Provider Patient Engagement Technologies, 2017 and IDC PlanScape: Patient Engagement for Digital Transformation. The TechScape supplies insights into the risks and business impact of patient engagement technologies to allow provider organizations to better match the technologies to their relative appetite for risk and make informed decisions regarding them. The PlanScape provides a decision-making tool to justify strategic investments and opportunities for providers implementing patient engagement technologies as part of digital transformation strategies. These two reports work in tandem, as the TechScape offers a visual representation of patient engagement technology adoption based on their assessment and characterization into transformational, incremental, or opportunistic technologies; while the PlanScape outlines the who, what, why, and how of patient engagement for digital transformation.


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IDC Health Insights recently published IDC Survey: Provider Investment Plans for Robotics. This survey presents key findings from the healthcare section of IDC’s 2017 Worldwide Robotics Survey. The goal of the survey was to assess current and future robotics adoption patterns, use cases, and application areas, as well as investment trends for robots and drones. The results focused on robotics adoption, use cases, and investment plans by U.S. healthcare providers at hospitals with 200+ beds. While the adoption of drones for healthcare utilization is minimal and expected to remain so in the near future, the use of robots in healthcare will yield increased investment in the coming years.


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Embedding machine learning in healthcare is slowly moving into mainstream. Still a very noisy market with what seems like 100s of start-ups. Through the noise emerges vendors that at early stage are applying machine learning to solve some of healthcare's most pressing problems. The use case getting the most traction in the market is the application of machine learning to predictive analytics, particularly to identify patient's with clinical and financial risk. Other applications include automating medical record review to validate Hierarchical Condition Coding (HCC), a process that was manual and caused friction between payers and providers, improving patient engagement for care management through mobile technology and identifying variation in clinical practice and recommending best practices.


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IoT is emerging as a catalyst for rapid innovation in GCC healthcare and, in some usage scenarios and application areas, the market for IoT is maturing and rapidly becoming mainstream. The tip of the iceberg is already visible, and the growing convergence of mobile, Big Data, social media, and IoT will play an unparalleled role in the digital transformation of GCC healthcare systems, accelerating innovation and enabling the region-wide drive toward gold-standard healthcare models as envisioned by the long-term development plans set by GCC governments.


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IDC expects that much of the Internet of Things (IoT) potential to empower hospitals, other healthcare providers and patients in their decision making will materialize in the next few years, and it will be driven by major developments in IoT platforms and advanced analytics.
With these tools, the vast amount of data generated by endpoints can be gathered, analysed and turned into clinical value. IoT platforms are evolving rapidly, and their architecture is becoming increasingly sophisticated. At a basic level, these products connect devices, collect and manage vast amounts of data, and expose new insights to healthcare providers’ backend systems or to third parties. Their ability to support the development of new applications that can underpin better and faster decision making is crucial.


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Watson Health set its sights on applying cognitive/AI on a wide range of healthcare domains including evaluating radiology images, unlocking genomic data to improve diagnoses and treatment decisions, assisting physicians in developing treatment plans for cancer patients and enabling population health. Those skeptics in the healthcare industry that challenged IBM's ability to democratize Watson should take note that Watson for Oncology is being deployed in mainstream hospitals and is actively being used by oncologists across the world.


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May 22, 2017: Today IDC Health Insights announced the second annual IDC Health Insights HealthTech Rankings. The leading global vendors of healthcare IT hardware, software, and services have been separated into two categories: Optum is the leader of the Top 50 and IBM is the leader of the Enterprise Top 25.


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IDC Health Insights recently published IDC MaturityScape: Cloud in Healthcare 2.0. This report identifies the stages, critical measures, and actions that are required for healthcare organizations (payers as well as providers) to understand the impact that cloud deployments can have on their business outcomes so that they can take the necessary actions to move forward in with their cloud road map.


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  • Top Market Trends fo…
    Jonas Knudsen says:
    HI, Yes I do. At least in western Europe, there is a growing trend to apply IoT technologies as the main infrastructure to handle compliance with traceability regulations. That is, for smart pharmacy, drugs, instrument tracking from sterile services department (SSD) to the operation rooms and back etc. That also adreesses the need for automation,…
    3 months ago
  • Top Market Trends fo…
    guy weiss says:
    Jonas, don' you think that the architecture adopted to address traceability regulation could easily be replaced by IOT solutions. Main drivers: less implementation costs, no packaging line performance decrease, no additional cost for aggregation, and of course interconnexion with smart phone app.
    3 months ago

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