The Lifecycle Theory of Saving For Healthcare Needs

DEVON HERRICK | February 26, 2017

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Republicans are bickering over whether to repeal the more costly provisions of Obamacare and allow greater flexibility into the health insurance marketplace. Republican lawmakers were shocked.

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CityMD is New York’s premier urgent care provider. Founded in 2010, we have over 50 (and counting) state-of-the-art locations throughout NYC, Long Island, Westchester, Rockland and New Jersey. We are a network of medical professionals who thrive in an environment surrounded by highly trained and motivated individuals. At CityMD, we focus on providing outstanding medical care and an exceptional patient experience.

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The healthcare industry disruption nobody saw coming

Article | March 31, 2020

Almost all conversations about healthcare disruption focused on new entrants into the industry transforming parts of the traditional service model and taking market share. Politically, most of the conversation centered around whether we would dismantle the ACA, build it back up or move to Medicare for All. Despite all the noise about disruptors, politics and consumerism, I felt like incremental change was the most likely scenario. Although the industry had been changing – digital experiences and telehealth for instance – a revolutionary, wholesale change to our industry seemed far off to me. The odds of the system being truly disrupted – something like Medicare for All happening within the next decade – felt highly unlikely. And where are we know? It truly feels like there are forces brewing that could result in radical transformation and a complete, ground up rethinking of our entire system. As the COVID-19 crisis has unfolded, it has raised many serious questions that we’ll need to grapple with over the next 12 to 18 months. Where we land on these issues will have a profound effect on what healthcare in this country becomes for the rest of our lives.

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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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A snapshot of the precision medicine landscape

Article | March 4, 2020

The global market for precision medicine is projected to top more than $84.5 billion by 2024. Targeted therapies for rare, genetic diseases, cancer and chronic conditions come with the hope of a cure. Companies such as Roche, Novartis, Spark Therapeutics, Pfizer, Editas and BioMarin are among the pharma players in this space. There seem to be new developments in precision medicine on almost a weekly basis. So what do educational institutions need to do to create fertile ground for gene therapy research to produce the next generation of companies developing these therapies? And what needs to happen to facilitate data sharing, ensure access to genome sequencing and these promising therapies?

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Looking to Keep Data Analytics in Healthcare Affordable? The Answer is the Cloud

Article | February 17, 2020

It’s clear that 2020 Healthcare will be the year of big market disruptions. With data-rich players such as Amazon and Google entering into the healthcare market space, many traditional health care systems are reviewing their own strategic plans with an eye towards staying relevant. According to a recent analytics survey by HIMSS, 32% of respondents said that population health is a top focus moving forward, and nearly 60% are eager to make improvements in care. Most traditional healthcare organizations recognize the importance data analytics play in better health management and patient outcomes, but many fall short in actively using these analytics to impact care. A 2019 poll found that 84% of healthcare executives believed analytics would be critical for success in the next three years, yet one out of every three of the healthcare organizations surveyed did not have a comprehensive strategy for analytics in place. Additionally, there is a huge potential to apply data analytics to areas beyond clinical care — a separate 2019 poll among health leaders found that while 90% of respondents report using data analytics in clinical areas, only 28% used analytics for effectiveness of care projects, only 22% were using it for population health, and a mere 11% were using it for chronic care management.

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CITYMD

CityMD is New York’s premier urgent care provider. Founded in 2010, we have over 50 (and counting) state-of-the-art locations throughout NYC, Long Island, Westchester, Rockland and New Jersey. We are a network of medical professionals who thrive in an environment surrounded by highly trained and motivated individuals. At CityMD, we focus on providing outstanding medical care and an exceptional patient experience.

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