The Transparent CDMO Procurement Digitization: The Key To Price Transparency And Healthcare Transformation

Healthcare continues to be a source of major concern in the United States, with recent polling indicating it is the number one issue to voters in the 2020 elections. Availability and cost, which are closely related, are the key reasons for this. Despite greater past media attention on pharmaceutical pricing, the single greatest contributor to overall healthcare costs (a whopping 18 percent of the U.S. gross domestic product, or $11,172 per person in 2018), is actually hospitals. As a result, there has been growing attention on hospital pricing. The issues involved are more complex than they may appear but, fortunately, there is a clear path to improvement for both hospitals and patients.

  • 3 Healthcare Industry Pains Solved With Blockchain

    Trusting is difficult, but it is an integral part of life. Yet different activities require different levels of trust. You may easily buy something on Amazon relying on user reviews only but taking care of your health is a whole different level of reliance.

  • 6 Diseases That Could Benefit Most From MedTech In 2020

    Despite major advancements, the medical community continues to treat many conditions with no effective cure or long-term treatments — like cancer and heart disease. For some diseases, this may change soon. Recent innovations, powered in part by initiatives like the FDA's Breakthrough Therapy designation, may lead to major benefits for some untreatable and difficult-to-treat conditions this year.

  • Accelerating The Time To Value From Advanced Analytics

    Why should healthcare executives care about analytics and connected analytics in particular? Because healthcare is in a state of enormous disruption and transformation.

  • Healthcare Providers Must Protect Patient Data In 2020: Here’s Why

    Quality healthcare is predicated on a simple principle: first, do no harm. The Hippocratic Oath serves as the sector’s centuries-old lodestar that ensures that doctors, nurses, and other healthcare providers are always working toward a singular goal of promoting positive patient health outcomes.

  • 5 Ways To Master UX In Fintech App Development

    The success of any mobile application will always lie with the satisfaction of the end user. Surprisingly, many apps have launched and failed because they could not create a product that catered to their customer’s needs. As we usher in a  new decade, millennials lead the way in mobile adoption, as institutions are having to rethink their approach and cater not only to a generation who values tradition over humanization, but also a demographic who favors connection, convenience, and rewards.

  • Why Blockchain Technology Isn’t The Answer To The Patient Identity Challenge

    Two years ago, the College of Healthcare Information Management Executives (CHIME), an organization created to serve the professional development needs of CIOs working in the healthcare industry, launched a challenge in the healthcare tech space. The goal was to find new and innovative ways to integrate a National Patient ID system into healthcare technology and effectively address patient identity resolution.