The Incredible Self-Destructing Healthcare Marketplace

DAVID INTROCASO | March 22, 2017

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Too frequently what gets overlooked in policy making are the regulations that implement or update legislation. As Henry Mintzberg observed over 30 years ago policy is oftentimes formed without being formulated. For example, the Congress did not define the most important provision in MACRA. The Congress simply defined financial risk under an Alternative Payment Model APM as monetary losses in excess of a nominal amount. It was CMS that determined via regulatory rule making specific revenue and benchmark-based standards.

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How Technology Is Reshaping The Healthcare Industry

Article | March 11, 2020

Healthcare industry is currently experiencing a massive digital transformation. There has been stable progress since the introduction of technology in this sector. Tech components like Machine Learning, Natural Language Processing (NLP), cloud computing, Artificial Intelligence and Internet of Thing have helped in streamlining the health care delivery and treating severe diseases. By using technology in medical center, the sector is advancing and progressing in ways no one have ever though-about. As patients began to wary due to unavailability of doctors, poor quality of patient care and issues with finding reasonable care, technology stepped in and a new way to find the help was introduced- Virtual Care. Around 23% of patients had consulted the virtual doctors and satisfied with the care. Moreover, 57% of patients are willing to experience it as well. That's how technology is bringing convenience and ease in the sector.

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How to optimize health IT systems for immunization drives

Article | April 15, 2021

Government bodies have organized vaccination drives from the days of paper, pen and file folders. Nations across the globe have successfully run vaccination programs on a large scale. In countries such as India, with the second-largest population, a vaccination campaign to eradicate polio was delivered at specified centers and going door-to-door. India was declared officially polio-free in March 2014. All without technology! Routine vaccination administration has always been either by a scheduled or walk-in appointment. Vaccinating populations for polio, smallpox or similar diseases has always been a part of a multi-year plan for governments.

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AI Moving into Healthcare, Regulatory Challenges Await

Article | March 13, 2020

In recent years, artificial intelligence (AI) has started to turn up everywhere you look. It powers our ever-present digital assistants; it helps recommend entertainment options and has even begun to reshape the way businesses carry out their everyday operations. As AI moves further into healthcare, regulatory challenges await. The truth is, there isn’t a single major industry that isn’t being changed by the rapid development of AI-powered technology. There is one, though, that stands out among all others: healthcare. The global healthcare industry arguably has more to gain from advances in AI than any other industry. It’s already being put to use in aiding diagnoses, monitoring patient health data to look for early warning signs of disease, and managing medication doses and prescriptions. It’s even proven adept at predicting patient mortality. At the same time, however, the adoption of AI into healthcare carries some unique risks not found elsewhere – owing to the fact that any missteps can cost lives.

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Artificial intelligence and healthcare

Article | March 10, 2020

When we imagine the future, we think about "The Jetsons" or "Back to the Future." Although we are not flying our cars or transporting instantly to any location at the push of a button, Artificial Intelligence (AI) permeates our lives. Think about the last time Netflix picked out your last binge marathon, Gmail finished your sentence or Siri created your grocery list. These are all examples of AI. Companies use Al to predict actions customers will take based on their habits. Al is also shaping the healthcare industry. In fact, according to Becker's Healthcare, Al will save healthcare $52 billion by 2021. Al bots track consumer health, enabling doctors to more easily access patients' health information. Apps and chat bots bridge the communication between the patient and the healthcare provider. Patients receive advice from their bedside and save time by using Al. Al takes a patient's health information and creates recommendations that can prevent further illnesses from occurring. A recent article provides insights on Al and data as a "what is next" for the communication industry.

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Spotlight

PillPack

Pharmacy Simplified. We leverage service and technology to simplify the management of complex medication regimens for the 32 million people taking more than 5 medications a month. PillPack uses design to create an unparalleled patient experience that is both satisfying and effective.

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