Digital Transformation

This evolution of healthcare involves using technology to improve diagnosis, treatments, monitor patients, enhance hospital operations and culture, and bolster consumer-focused care. This includes virtual reality tools, wearable devices, workflow software, health apps and other digital health tools.

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UW Medicine dedicates $180M to planned EHR overhaul

The University of Washington (UW) School of Medicine will begin a complete overhaul of its electronic health record (EHR) system—and it’s not going to be cheap. The school’s finance committee approved $180 million to replace existing Cerner and Epic systems with a single integrated platform.

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FDA wants to encourage development of mobile medical apps with smart regulation

Government regulation can’t keep up with innovation in healthcare technology, especially when dealing with mobile medical applications—and those in charge of developing regulatory framework know it, according to top officials at the FDA in a July 2 viewpoint in JAMA.

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$5.5B Chinese startup has plans to be 'Amazon of healthcare'

WeDoctor, a startup worth $5.5 billion, has some saying it will become China's “Amazon of healthcare." The company’s main focus is removing unnecessary red tape and wait times at government clinics.

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EHRs, like microscopes, might require physicians to change perspective

Lloyd B. Minor, the dead of Stanford University School of Medicine, equated problems harnessing the positives of EHR with the microscope. It took 70 years for that game-changing tool to lead to scientific breakthroughs—a delay that might have to do as much with the user as the instrument itself.

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VA spent $3B on EHR between 2015-2017

The U.S. Department of Veterans Affairs (VA) is about to undergo a massive, $16 billion revamp of its electronic health record (EHR) system. A month after a $10 million deal with Cerner was finalized, the Government Accounting Office (GAO) released a report that found the VA spent $3 billion on EHR support between 2015 and 2017.

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8 key findings from an AI-focused survey of C-suite execs

It’s long past asking “if” artificial intelligence (AI) and related technologies will revolutionize healthcare. According to a recent survey, 80 percent of executives expect AI will be integrated into the patient experience within two years. At the same time, 81 percent of respondents agree their organizations are not ready for the societal and liability issues that will result from this change.

Amazon has a secretive lab working on cancer research, medical records

The group is being led by Babak Parviz, the creator of Google Glass. Medical applications are one of its major areas of focus, according to CNBC.

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Teladoc acquires virtual provider Advance Medical for $352M

The price tag includes $292 million in cash and another $60 million in Teladoc stock. As part of the deal, Advance Medical co-founders Marc Subirats and Carlos Nueno will become executives within Teladoc and continue “to lead the Advance Medical business outside the U.S.”