Today, a growing number of customers, shareholders, and employees want to buy from, invest in, and work for companies that instill social and environmental responsibility into every aspect of their products and services, as well as generate a measurable positive impact. In this light, business decisions that are singularly focused on financial gains leave substantial social and environmental value on the table. They also introduce the multi-faceted risks of inaction.
Data and analytics have always been central to healthcare. Now, however, a major shift in how data is generated, aggregated and used is underway. The shift promises to turn data into the equivalent of a new performance enhancing drug, powering the industry towards evidence-based care and new outcome-based healthcare business models.
This article explains the four models for pricing of medical billing services and the things healthcare organizations need to consider in evaluating the price.
Patient safety is one of the leading concerns within the healthcare industry worldwide. There are 440,000 preventable adverse events that contribute to patient deaths in U.S. hospitals every year, making preventable diseases the third leading cause of death behind heart disease and cancer. Additionally, approximately one in 10 hospitalized patients experience harm due to medical errors, and of those one in 10, at least 50 percent were preventable medical errors. Decreasing medical errors and improving patient outcomes are key priorities for people across the healthcare industry, but reaching these goals has proven to be an ongoing challenge.
The term “telehealth” may soon be obsolete. Although telehealth has come a long way since the first radiologic images were sent via telephone in 1948, the delivery of care via telehealth is undergoing a seismic shift as healthcare organizations, providers, and patients are embracing virtual care. As the next generation of telehealth, virtual care “goes beyond” traditional telehealth by helping healthcare organizations improve care delivery, optimize workflows, and enhance patient engagement, while avoiding excess costs.
With millions of mobile applications available to users and mobile based solutions being used in nearly every single healthcare organization across the world, mobile technology is a great industry anticipated to remain developing over the next many years. Some of the reports suggest that the international mobile health industry is estimated to generate more than $28 billion in 2018.
Billions of dollars are invested each year in healthcare research. The American National Institutes of Health (NIH) alone invests over $37 billion dollars each year in funding various programs to improve healthcare in the country.
LTC Properties, Inc. announced recently that senior management will participate in the Mizuho Global REIT/Real Estate Conference in New York and the JMP Securities Boston Real Estate Forum in Boston.
InnovoCommerce, www.innovocommerce.com - makers of the only clinical and safety document exchange system deployed by multiple global pharmaceutical companies, recently announces a partnership with Exostar, the leading provider of identity management solutions for the life sciences industry.