The global healthcare claims management market is forecast by Markets and Markets to increase at a CAGR of 5.3 percent, reaching $14 billion by 2023.
Factors fueling this market growth include patient volumes, expanding health insurance market, growing importance of denials management, and declining reimbursement rates.
Some of the leading...
The healthcare virtual reality market is forecast by IT Intelligence Markets to increase at a CAGR of 53 percent through 2023.
Key market players identified in the report include GE Healthcare, Virtual Realties, Virtalis, CAE Healthcare, Stryker Corporation, Brainlab, Philips, Siemens, Intuitive Surgical, Vital Images, and Medtronic.
Virtual...
AMIA is supporting development of a new health data management and sharing policy for research funded by the National Institutes of Health (NIH), the group said in an Dec. 10 comment letter.
The trade association for healthcare informaticians commended NIH for inclusion of part of AMIA’s data sharing principles and positions in the proposed...
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 for greater efficiency and reduced costs. Health IT plays a role in automating the treatment process from the admission of patients, to creating...
Digital therapeutics and connected health devices are becoming more integrated into healthcare delivery, according to a new report by PwC.
In fact, 82 percent of physicians said they have discussed a health app or digital program with patients related to their diagnosis or treatment in the past 12 months, either because the physician brought...
Rep. Michael Burgess (R-TX), chairman of the House Energy and Commerce Committee’s health subcommittee, said he was “extremely disappointed” that information blocking regulations have not yet been implemented two years after passage of the 21st Century Cures Act.
“It is hard to explain to people that Congress provided the...
Access to a patient portal had no effect on patient activation for hospitalized patients compared to usual care and tablet-only Internet access, according to a study by Cornell researchers published Dec. 7 in the JAMIA journal.
The researchers studied 426 patients in two cardiac medical-surgical units at an urban academic medical center between...
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 global institutional investors with a total of $6.8 trillion in assets under management.
The institutions said they currently allocated 6.1 percent...
Massachusetts General Hospital’s Laboratory of Medical Imaging and Computation is working on a healthcare blockchain project with Korean startup MediBloc for patient data storage and exchange, reported Coindesk.
Lab Director Synho Do told the website that his lab is working with MediBloc “to explore potentials of blockchain technology...
The global healthcare Internet of Things (IoT) market is forecast by Zion Market Research to increase at a robust 11 percent compound annual growth rate (CAGR), reaching $14.7 billion by 2022.
Market growth will be fueled by continued implementation of connected diagnostic and therapeutic devices to detect disease and monitor and maintain patient...
Health IT infrastructure often facilitates anticompetitive practices in healthcare, such as blocking clinical information exchange between providers or not supporting regional information sharing, according to a report released this week by HHS and the Departments of Treasury and Labor.
At the root of this anticompetitive impact is the lack of...
The FDA has granted breakthrough device designation to healthcare AI software being developed by Bayer and Merck for chronic thromboembolic pulmonary hypertension (CTEPH) pattern recognition.
The software will rely on deep learning to support radiologists in identifying CTEPH in computed tomography pulmonary angiography (CTPA) scans, explained...
The global healthcare IT outsourcing market is forecast to reach $61.2 billion by 2023, according to the latest report by Transparency Market Research.
Demand for healthcare IT outsourcing services is being fuelled by healthcare providers’ need to achieve higher level of patient satisfaction, increased productivity, and reduced costs.
The IT...
The work of the Office of the National Coordinator for Health Information Technology (ONC) is dominated by implementing the 21st Century Cures Act, particularly in the areas of reducing provider burden and promoting health IT interoperability, said National Coordinator for Health IT Donald Rucker in his Friday’s keynote address at the ONC...
A common theme of Thursday's plenary sessions at the Office of the National Coordinator for Health Information Technology (ONC) 2018 annual meeting was health IT interoperability.
HHS Secretary Alex Azar kicked off the meeting, being held in Washington, DC, with a pre-recorded video in which he stressed his interest in promoting...
The amount of data that cardiovascular clinicians deal with as part of their clinical workflow can be overwhelming. One way to get a handle on all that data is through structured reporting.
Structured reporting is the capture of information that is then integrated into clinical workflows. It helps to distribute data management...
HHS has issued a draft strategy designed to reduce administrative and regulatory burdens, which can make health IT infrastructure, such as electronic health records (EHR), cumbersome to use.
Administrative and regulatory requirements imposed on EHR are causing “frustration” for clinicians, said HHS Secretary Alex Azar in releasing the...
Amazon Web Services (AWS) has launched its Amazon Comprehend Medical machine learning service that enables healthcare professionals and developers to mine unstructured medical text and patient data, such as diagnosis, treatments, dosages, symptoms, and other signs of disease.
The new service helps healthcare professionals improve clinical...
The FDA is updating its voluntary 510(k) approval process to take into account growing medical device connectivity and interoperability, the agency announced Nov. 26.
The FDA explained that the 510(k)-approval process, which dates from 1976, needs to be modernized to accommodate advances in medical device technology and ensure that the...
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, healthcare CIOs controlled 71 percent of IT purchasing decision, but that power has been in a free fall, plummeting to 8 percent of IT purchasing decisions...
