Healthcare Spending

One-Third of Providers to Boost Artificial Intelligence Spending

December 17, 2019 - More than one-third of respondents will increase artificial intelligence (AI) spending in the next two years, according to a recent survey conducted by MIT Technology Review Insights and GE Healthcare. The survey of more than 900 healthcare professionals found that healthcare organizations are already using AI to improve aspects of care, like data...


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Hospital Boards Lack Healthcare IT Expertise, Rely on Consultants

by Fred Donovan

A disturbing 91 percent of hospital boards rely entirely on consultants for healthcare IT strategy and advice, rather than on the healthcare tech expertise of trustees, a poll of 494 C-suite hospital...

HHS Ups Its FITARA Grade Through Internal Performance Metrics

by Fred Donovan

HHS established internal performance metrics for its component agencies that officials believe led to increased effectiveness in implementing the Federal Information Technology Acquisition Reform Act...

Providers, Payers Have “Hangover” from Choosing Health IT Products

by Fred Donovan

Healthcare providers and payers are suffering from a “technology hangover” when trying to decide on a range of health IT products and solutions, judged Sage Growth Partners in their new...

Creation of New Health IT Companies to Increase in Next 2 Years

by Fred Donovan

The creation of new health IT companies will increase over the next two years, according to a survey of more than 240 healthcare leaders by VC firm Venrock. A full 79 percent of respondents said...

Healthcare Artificial Intelligence Group Forms to Set Standards

by Fred Donovan

More than 30 organizations are joining together in an initiative led by the Consumer Technology Association (CTA) to develop standards and best practices for healthcare artificial intelligence...

University of South Carolina Opens Health IT Innovation Lab

by Fred Donovan

The University of South Carolina has opened an innovation lab in downtown Columbia to tackle healthcare problems through health IT innovation, artificial intelligence, and robotics research.  The...

Healthcare Data Analytics Having Big Effect on Clinical Workflows

by Fred Donovan

Healthcare data analytics is having the biggest impact on the effectiveness and efficiency of clinical workflows, according to an annual survey of 185 healthcare leaders by HealthCare Executive...

Scripps Health Selects Avaya for Health IT Integration Program

by Fred Donovan

Scripps Health has turned to unified communications provider Avaya to bring its diverse systems into a comprehensive health IT integration platform. Scripps Health chose the Avaya IX Attendant...

Healthcare IT Segment Makes Up Half of Industry M&A Volume

by Fred Donovan

The Healthcare IT segment accounted for about one-half of the healthcare and pharmaceutical IT industry’s aggregate volume of mergers and acquisitions (M&As) last year, according to a new...

Blockchain To Have Biggest Impact on Healthcare, Say 1/3rd of Investors

by Fred Donovan

One-third of institutional investors believe that blockchain technology will have the biggest impact on the healthcare industry, according to a survey by the Global Blockchain Business Council (GBBC)...

Global Healthcare IT Market to Increase at 8% CAGR to 2022

by Fred Donovan

Global healthcare IT market is expected to grow at a CAGR of more than 8 percent, reaching $206 billion by 2022, according to a market report by Technavio. The growth will be fueled by the need...

Institutional Investors to Pump $200B More Into Healthcare Infrastructure

by Fred Donovan

Global institutional investors are forecast to increase their investment in healthcare infrastructure by $200 billion over the next five years. For its report, the Octopus Group surveyed more than 100...

Healthcare CIOs’ Power over IT Purchasing Decisions in Free Fall

by Fred Donovan

The power of healthcare CIOs over the IT purchasing decisions of their organizations has virtually evaporated, according to a newly released survey by Black Book Research. Three years ago,...

Mobile Wireless, Data Analytics Among Top Funded Health IT

by Elizabeth O'Dowd

Health IT and digital health had strong VC funding in the first quarter of 2017 with $1.6 billion. The first full quarter under the new administration was the second highest quarter ever for the...

Analytics Used to Examine Cutting HIT Infrastructure Costs

by Elizabeth O'Dowd

In recent years, the healthcare industry has seen a series of incentive programs to assist organizations in cutting back on costs while improving patient care. Many organizations are using analytics to...