Precision medicine: how to get the hope without the hype

Precision medicine is often proposed to be the future of healthcare, but it faces challenges in its implementation. A recently published debate article in BMC Medical Genomics argues that training and support for clinicians will be vital. Here, co-author Scott McGrath explores what we can learn from the introduction of another technological advancement to healthcare delivery...

Spotlight

SpringBoard Healthcare

SpringBoard is a consulting, education and talent acquisition partner for leading hospitals and healthcare organizations that are looking to develop, optimize or expand their cardiovascular service lines. Established in 2002, SpringBoard is staffed by industry experts and thought leaders that are dedicated to staying up-to-date on that latest advancements and requirements in this rapidly growing field. SpringBoard works with some of the most prestigious institutions across the nation to provide best-in-class training programs, top-tier talent and strategic consulting services. The company’s annual wage survey is also considered the gold standard in the industry for compensation benchmarks.

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Digital Healthcare

Trends, challenges and opportunities in UK’s healthcare sector in 2021

Article | November 29, 2023

COVID-19 has practically given a metaphorical high-voltage jolt to the whole world. It fell like a plague and affected humans in a way that nothing else has since the last global war. In short, it has reminded us of our mortality. As a result, improvement has become the new goal for the wise. According to Jana Abelovska, Head Pharmacist atClick Pharmacy, “COVID-19 has put the world on notice, especially the healthcare sector. Everything and everyone has seen its effects. But in this turmoil also come opportunities – an opportunity to grow and be better. It is a time of progress to help create a better and healthier tomorrow.”

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Health Technology, Digital Healthcare

Technology Trends that will Revolutionize the Medical Industry in 2021

Article | September 7, 2023

The recent COVID-19 pandemic in 2020 has changed the way the healthcare industry has been processing. It has transformed the healthcare sector digitally. Healthcare providers have changed services with the latest healthcare technology trends in digital and virtual platforms. Every healthcare provider is updating services by adopting digital advancements in their practices to increase their capacity to engage the maximum number of patients. Still more advancements and updates are needed to address many challenges in the industry such as cybersecurity, effective payment model, telehealth, patient experience, invoicing and payment processing, and big data. Last year, wearable devices in the healthcare industry were quite popular with the patients. These devices have helped patients be aware of various healthcare metrics. Due to the introduction of the 5G internet, the wearable devices market is expected to have huge scope in 2021. Healthcare technology trends, such as the use of a digital dashboard scheduler or chatbots as a digital assistant, help hospitals and other healthcare organizations to better track appointments, contacts, demography, and make changes more efficiently as these are practical measures for modifying and monitoring patient activities. Telemedicine, using video conferencing, digital monitoring, etc. have also been very helpful in containing the spread of the pandemic. It has made healthcare accessible for everyone, especially in rural areas. For remote patient care systems, telehealth and teleradiology reporting are very important technological upgrades. Healthcare technology trends of 2020, including patient portals, mobile health applications, remote care via telehealth, and wearable devices, played a major role in tackling the global pandemic situation. Artificial intelligence (AI), Machine Learning (ML), and Robotic Process Automation (RPA) also played a vital part in handling the situation. All the above-mentioned are COVID-19 fueled healthcare technology trends in 2020, which are expected to continue in coming years too. Here is a detailed look into the healthcare technology trends, which are expected to address the new challenges and revolutionize the healthcare industry in 2021. Technology Trends that will Revolutionize the Medical Industry in 2021 The digital transformation of the healthcare industry has been fast-forwarded by COVID-19 in 2020. Recognizing the healthcare technology trends, many healthcare providers have readily shifted their operations to the latest trending technologies. Others are also looking forward to setting their operations according to the upcoming trends. It seems like almost all the healthcare providers genuinely wanted to transform their operating system to engage the maximum number of patients, due to the healthcare technology trends set after the hardest crisis in the healthcare industry virtual reality healthcare. So, before planning your healthcare strategy for 2021, don’t miss to include these healthcare technology trends of 2021 to achieve better healthcare outcomes and stand one step ahead of your competitors. Patient Engagement Technology One of the most competitive healthcare technology trends in 2021 will be patient engagement technology. There are countless technologies available in the market for patient engagement, evaluation, and campaigning. Due to high competition in the market, these tools are priced competitively. Many healthcare organizations have started empowering themselves by achieving consistency in patient engagement with the help of available tools in the market. This also helps them achieve increased ROI. The healthcare technology trends, including remote care via telehealth, patient portals, wearable devices, mobile health applications, and many more, empower patients and increase patient engagement. Hospitals and other healthcare organizations need to improve patient experience along with engagement. The entire road to patient satisfaction and experience can be changed with these healthcare technology trends in 2021. Telemedicine As telemedicine revolutionized the entire healthcare technology in 2020 by playing a vital role in containing the COVID-19 pandemic, it is expected to be one of the healthcare technology trends in 2021 too. Using the advancement, it possible for healthcare professionals to diagnose and treat any number of patients remotely through phone calls, mobile apps, emails, and even through video calls. Telemedicine can provide patients with better access to all healthcare services, drive up efficiency and revenue, and lower healthcare costs. Augmented Reality (AR) and Virtual Reality (VR) The arrival of both AR and VR solutions has made way to witness meaningful advancements in the healthcare industry and technology. Advancements that could only be dreamt of a decade back, have become realities and been implemented. These two healthcare technology trends offer some serious promise to the world of healthcare, including educating patients before a treatment procedure. AR offers one of the latest and most spontaneous options in the healthcare industry. AR allows doctors and surgeons to experience 3D effects on real-world scenes. This healthcare technology trend permits the professionals to stay grounded on actual procedures with access to all the data through various other emerging technologies. This makes doctors compare data, in the virtual world, to understand what the patient is experiencing and make a flawless diagnosis and suggest healthcare procedures. Chatbots It is either impossible or expensive for patients to get answers from specialists for their routine queries. But, chatbots make it easier and comfortable for healthcare service providers to answer questions of patients cost-effectively. Though chatbots are currently in the experimental phase to be used in healthcare solutions, they are most likely to have the necessary access to clinical scenarios by the beginning of 2021. It is expected to be one of the progressive healthcare technology trends in 2021. As a digital assistant, chatbots allow healthcare providers to keep a track of contacts and appointments and make changes, when necessary. Chatbots are going to revolutionize the clinical processes and business, providing practical as well as clear measures for modifying and monitoring patient activities. Big Data and 5G 5G is about to sweep the world in the coming months. With the extraordinary intensification in transmission bandwidth of 5G, users will construct a huge amount of data. With 5G, the Internet of Things (IoT) will be used largely to send and receive data. In the next three years, the global wearables market is expected to reach an annual turnover of US$52 billion. This can be attributed to the introduction of 5G wireless technology, one of the healthcare technology trends. Healthcare providers will have the access to a huge amount of accurate data when data from wearable devices and other initiatives are added together. This is going to change the way providers collect data and the way doctors and patients communicate. Thus, while you plan to upgrade your healthcare technology for 2021, don’t forget that you will be receiving a huge amount of data from patients, which can be attributed to one of the important healthcare technology trends of 2021, big data and 5G. Artificial Intelligence Artificial Intelligence (AI), one of the prominent healthcare technology trends of 2021, is developed to mimic human thought processes. GNS Healthcare AI system and IBM Watson are some of the most popular examples for the active use of AI in the healthcare process. This trend is going to rule healthcare processes and revolutionize medical care in 2021. To improve healthcare professionals’ and hospitals’ care delivery to patients, Google’s DeepMind has built mobile apps and AI. The AI healthcare market is expected to reach US$7988.8 million in 2022 from US$667.1 million in 2016. This healthcare technology trend is expected to take the healthcare industry to a new realm by increasing patient engagement and experience in 2021. Cloud Computing Cloud computing is one of the major healthcare technology trends in 2021 that is going to change the industry. Attributed to the recent development of various healthcare technology trends, the cloud computing market is expected to reach US$35 billion in 2022 from US$20.2 billion in 2017. This tremendous growth is attributed to the need of storing a high volume of data for healthcare organizations at a lower cost. In the healthcare domain, the main use of big data is in Electronic Health Record systems (EHR). It allows secure storage of various digital documentation such as demographics, medical history, diagnoses, and laboratory results. Cloud computing, an important healthcare technology trend, is expected to make the healthcare process smooth and flawless in 2021. The biggest trend of 2021 in the healthcare industry is the holistic technological transformation of healthcare firms. Whether AI, ML, RPA, telemedicine, big data, chatbots, or cloud computing, almost everything related to data management and monitoring will peak in 2021. These healthcare technology trends will rule healthcare in 2021. Moreover, targeted and personalized care for critical diseases is expected to be another trend in the coming years. Frequently Asked Questions What are the technology trends in healthcare? Trending healthcare technologies are AI, ML, RPA, cloud computing, big data, chatbots, telemedicine, etc. AI, the life-changing technology is going to completely transform the healthcare industry in the coming years starting from 2021. What are the most important trends in healthcare technology? Augmented and virtual reality, Artificial Intelligence, the Internet of Medical Things, Machine Learning, chatbots, cloud computing, telemedicine, etc. are the most important technology trends in the healthcare industry. What are the current technological trends in healthcare? Artificial Intelligence (AI) and Machine Learning (ML), Internet of Medical Things (IoMT), Augmented Reality (AR) and Virtual Reality (VR), Electronic Health Records (EHR), Blockchain and data security, health-tracking apps, therapeutic apps, and telehealth are the major current technological trends in the healthcare industry.

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Health Technology

Medical Computers: A Necessity of the Future Healthcare

Article | September 12, 2023

Over the last couple of years, the healthcare industry has witnessed significant technological advancements transforming numerous procedures and treatments, ranging from magnetic resonance imaging scanners and radiotherapy to antibiotics and anesthetics. In addition, the introduction of novel technologies (new pharmaceuticals and treatments, new equipment, new social media support for healthcare, etc.) has further provided air to the fire for innovation in the sector, encouraging healthcare providers to upgrade their technological infrastructure. Medical Computers Paving the Way in Healthcare Use of modern technology, such as medical computers, is becoming more and more crucial in healthcare institutions, including hospitals, clinics, and specialized treatment centers. These computers are used in hospitals for a variety of purposes, from better laparoscopic, minimally invasive surgical techniques used by surgeons to patient tracking and health monitoring gadgets. Medical computers are becoming more prevalent as they help medical professionals make faster, more reliable, and more accurate decisions. Additionally, they enable the emergence of new data, integrate advanced technologies such as artificial intelligence, and enhance decision-making processes, which are particularly crucial when it comes to medical diagnostics and treatment. New computer and technology solutions in the healthcare sector are enabling a wide range of outcomes that were previously unimaginable. They assist medical practitioners in both data collection and data interpretation, enabling them to make decisions that are thoroughly informed by insight. Here are some of the applications that have experienced immense transformation in recent years Hospital Information Systems Medical Personnel and Staff Management Data Analysis in Medicine Medical Imaging Computer-assisted Therapy Laboratory Computing Critical Patient Care Computer Assisted Decision-making (CMD) Patient Check-In and Status Growing Adoption Encouraging Product Launches With technologies like medical computers becoming essential for processing numerous day-to-day operations in the healthcare industry, the need for these computers is growing at a rapid pace. Hence, a number of medical equipment providers are emphasizing on offering cutting-edge solutions to modern healthcare facilities. For instance, in 2021, American Portwell Technology, Inc., a world-leading innovator of the Industrial PC, unveiled two certification-ready all-in-one medical computers - MEDS-P2410-P200 (23.8″) and MEDS-P2210-P200 (21.5″) with features such as true-flat capacitive touchscreen and optional hot-swappable batteries.

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Health Technology

Amazon Care: Revolutionizing Virtual Care

Article | July 6, 2022

In 2021, the introduction of Amazon Care marked the first time a prominent technology firm stepped into the healthcare services industry. The fact that Amazon filed paperwork to offer care in multiple states without much fanfare is intriguing. In March 2021, the company confirmed the details of its new services, announcing that it would be delivering the services through an independent private medical practice called Care Medical. The move may signify another diversification for Amazon, but what does it mean for the healthcare services landscape? The Highlights of Amazon Care’s Services Home healthcare Amazon announced that it would be participating in an advocacy group for home healthcare. The Moving Health at Home initiative aims to transform how policymakers view the home as a site to deliver clinical services. Amazon Care may be riding on the trend for home care that has been evolving in the form of remote patient monitoring for post-acute care management and chronic care. Employer-oriented offering Amazon Care aims to become a workplace benefit partner for employers. One of the pain points it is directly addressing is the challenge of runaway inflation that increases healthcare costs. Virtual care simplified The most significant offering that Amazon Care plans to lead with is virtual care that promises to reduce wait times for quality patient care to under 60 seconds. It also includes the option to access 24-hour care services through messaging and video calling. In addition, it eliminates unnecessary traveling and long wait times by delivering care in the comfort of the patient’s home. The Path Ahead Amazon is known for introducing a slew of initiatives in the health and fitness sector, like the Halo wearables, a data management product called Amazon Health Lake, and a healthcare delivery system called Haven, which doubled over in 2021 after a three-year run. However, the tech juggernaut is not about to stop attempting to disrupt healthcare services. Only time will tell whether Amazon Care finally proves to be a feather in Amazon’s healthcare cap or another ambitious project that bites the dust.

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Spotlight

SpringBoard Healthcare

SpringBoard is a consulting, education and talent acquisition partner for leading hospitals and healthcare organizations that are looking to develop, optimize or expand their cardiovascular service lines. Established in 2002, SpringBoard is staffed by industry experts and thought leaders that are dedicated to staying up-to-date on that latest advancements and requirements in this rapidly growing field. SpringBoard works with some of the most prestigious institutions across the nation to provide best-in-class training programs, top-tier talent and strategic consulting services. The company’s annual wage survey is also considered the gold standard in the industry for compensation benchmarks.

Related News

eClinicalWorks elevating the EHR with precision medicine and artificial intelligence at HIMSS18

eClinicalWorks | January 18, 2018

eClinicalWorks CEO Girish Navani said the company will be focusing on three technological developments at HIMSS18. It’s been quite a year for the vendor since HIMSS17. In May it settled a False Claims lawsuit with the U.S. Department of Justice, which was followed by a $1 billion class-action suit in November and another class-action complaint in December, for which the specific amount remains to be determined. Along the way, however, the company won a string of new customers, including Digestive CARE saying in mid-January its 28 offices went live with eClinicalWorks and released version 11 of its EHR – which Navani said customers have been deploying in January and February of 2018. And at HIMSS18, the company is focusing on “elevating an EHR from the traditional mindset of data entry to smartness and intelligence that helps doctors,” Navani said. Three examples that will be on display at the health IT conference are the Open and Connected Office, Virtual reality and precision medicine features and functionality within the EHR. eClinicalWorks EHR, specifically, can now integrate genetic screening and results into the order entry process, Navani said.

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Geisinger CEO discusses telehealth, precision medicine and more

Geisinger | December 27, 2017

Dr. David Feinberg has served as president and CEO of Danville, Pennsylvania-based Geisinger since 2015. Previously, he was president of UCLA Health System, CEO of UCLA’s hospitals and associate vice chancellor of UCLA Health Sciences. In a recent phone interview, he chatted about the Geisinger National Precision Health Initiative, the organization’s National Symposium and what’s on the horizon in 2018. We’ve done a lot in telehealth. We have an eICU we’ve been operating for a number of years. At the very another end, we do telepsychiatry and telederm. Because of our footprint, we were a pretty early adapter to telemedicine. With telehealth, I think the “tele” should drop off. It’s really just about providing care to people. Our real focus is on access to care. We don’t actually care about the way you access it as long as it’s convenient, easy and low-cost for you as our patient.

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Roche’s $1.7B precision medicine acquisition of Ignyta targets cancers with rare mutations

Ignyta | December 22, 2017

Swiss pharma giant Roche has given itself a pricey holiday gift and deepened its oncology product portfolio with its $1.7 billion acquisition of immuno-oncology business Ignyta. Based in San Diego, the company tests identifies, and treat patients with cancers that come with rare mutations. Ignyta’s lead molecule, entrectinib, is currently in Phase 2 clinical trials targeting rare mutations in nonsmall cell lung cancer and solid tumors. The deal is expected to be completed in the second half of 2018 The acquisition comes at a time when Roche’s blockbuster drug for breast cancer, Herceptin, is facing increased competition from the biosimilar Ogivri from Mylan and other rivals, The Wall Street Journal observed. Herceptin generated $6.9 billion in revenue for Roche last year. Biopharma companies with cancer treatments, especially those with commercial-ready drugs, have been a hot target for M&A deals this year. Takeda Pharmaceuticals agreed to acquire ARIAD Pharmaceuticals for $5.1 billion. The deal gives Takeda ARIAD’s leukemia drug Iclusig. Ipsen’s acquisition of Merrimack Pharmaceuticals’ oncology assets for roughly $1 billion adds Merrimack’s recently approved therapeutic for metastatic pancreatic cancer, which was approved in 2015.

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eClinicalWorks elevating the EHR with precision medicine and artificial intelligence at HIMSS18

eClinicalWorks | January 18, 2018

eClinicalWorks CEO Girish Navani said the company will be focusing on three technological developments at HIMSS18. It’s been quite a year for the vendor since HIMSS17. In May it settled a False Claims lawsuit with the U.S. Department of Justice, which was followed by a $1 billion class-action suit in November and another class-action complaint in December, for which the specific amount remains to be determined. Along the way, however, the company won a string of new customers, including Digestive CARE saying in mid-January its 28 offices went live with eClinicalWorks and released version 11 of its EHR – which Navani said customers have been deploying in January and February of 2018. And at HIMSS18, the company is focusing on “elevating an EHR from the traditional mindset of data entry to smartness and intelligence that helps doctors,” Navani said. Three examples that will be on display at the health IT conference are the Open and Connected Office, Virtual reality and precision medicine features and functionality within the EHR. eClinicalWorks EHR, specifically, can now integrate genetic screening and results into the order entry process, Navani said.

Read More

Geisinger CEO discusses telehealth, precision medicine and more

Geisinger | December 27, 2017

Dr. David Feinberg has served as president and CEO of Danville, Pennsylvania-based Geisinger since 2015. Previously, he was president of UCLA Health System, CEO of UCLA’s hospitals and associate vice chancellor of UCLA Health Sciences. In a recent phone interview, he chatted about the Geisinger National Precision Health Initiative, the organization’s National Symposium and what’s on the horizon in 2018. We’ve done a lot in telehealth. We have an eICU we’ve been operating for a number of years. At the very another end, we do telepsychiatry and telederm. Because of our footprint, we were a pretty early adapter to telemedicine. With telehealth, I think the “tele” should drop off. It’s really just about providing care to people. Our real focus is on access to care. We don’t actually care about the way you access it as long as it’s convenient, easy and low-cost for you as our patient.

Read More

Roche’s $1.7B precision medicine acquisition of Ignyta targets cancers with rare mutations

Ignyta | December 22, 2017

Swiss pharma giant Roche has given itself a pricey holiday gift and deepened its oncology product portfolio with its $1.7 billion acquisition of immuno-oncology business Ignyta. Based in San Diego, the company tests identifies, and treat patients with cancers that come with rare mutations. Ignyta’s lead molecule, entrectinib, is currently in Phase 2 clinical trials targeting rare mutations in nonsmall cell lung cancer and solid tumors. The deal is expected to be completed in the second half of 2018 The acquisition comes at a time when Roche’s blockbuster drug for breast cancer, Herceptin, is facing increased competition from the biosimilar Ogivri from Mylan and other rivals, The Wall Street Journal observed. Herceptin generated $6.9 billion in revenue for Roche last year. Biopharma companies with cancer treatments, especially those with commercial-ready drugs, have been a hot target for M&A deals this year. Takeda Pharmaceuticals agreed to acquire ARIAD Pharmaceuticals for $5.1 billion. The deal gives Takeda ARIAD’s leukemia drug Iclusig. Ipsen’s acquisition of Merrimack Pharmaceuticals’ oncology assets for roughly $1 billion adds Merrimack’s recently approved therapeutic for metastatic pancreatic cancer, which was approved in 2015.

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