Frazier Healthcare Partners Announces Acquisition of RevSpring
Investment in Leading Communications and Payment Solutions Provider Frazier Healthcare Partners (Frazier), a Seattle-based, healthcare-focused investment firm, announced today that it has completed its acquisition of RevSpring (or the Company), a leading provider of end-to-end communication and payment solutions servicing healthcare and financial services companies, from leading private equity firm GTCR. Frazier is joined in […]
Cybersecurity Investment in Fundamental Tools and Training Is Key to Securing Your Healthcare Organization
According to Ryan Witt, Vice President, Industry Solutions at Proofpoint, Inc., phishing emails are still the most prevalent and dangerous sources for security breaches. In this video, Witt and Joshua Roth, Chief Information Security Officer at Children’s Hospital of Orange County (CHOC), discuss how they protect against breaches through fundamental investments in tools and training. This […]
Helping Clinicians Gain More Control Over Their Time
For Rishi Sarna, MD, Chief Clinical Officer at Backline, communication is central. He points out that communications have lagged behind everything else in medicine, and are holding back progress in patient care and the physician experience. In the video interview below, we sat down with Dr. Sarna and Jackie Rice, VP and CIO at Frederick […]
Healthcare 2030: Are We Consumers, CEOs, Health Citizens, or Castaways? 4 Scenarios On the Future of Health Care and Who We Are – Part 1
In the past few years, what event or innovation has had the metaphorical impact of hitting you upside the head and disrupted your best-laid plans in health care? A few such forces for me have been the COVID-19 pandemic, the emergence of Chat-GPT, and Russia’s invasion of Ukraine. That’s just three, and to be sure, there are several others that have compelled me to shift my mind-set about what I thought I knew-I-knew for my work with organizations spanning the health care ecosystem. I’m a long-time practitioner of scenario planning, thanks to the early education at the side of Ian Morrison of Institute for the Future and colleagues there. In fact, I had had an earlier exposure to scenario planning in a first-job-out-of-undergraduate school working in the energy industry, cutting my teeth on the Shell Oil method of SP honed by Peter Schwartz (see his still-relevant and -resonant book, The Art of the Long View, to learn how Shell was among the only oil companies that didn’t get caught out when OPEC emerged as an oil price-setter back in 1973). In health care, scenario planning is a must-have tool in your tool-box if you have any role in foresight in your job – whether providing a service in your community, planning the launch of a new molecular entity, or innovating a novel food product going direct-to-consumer for well-being and self-care. In advance of a session I’m shepherding at the upcoming AHIP 2024 conference in Las Vegas, I developed scenarios about health care in 2030 asking who “we” will be then as patient-plan members? In this quick blog-sized session on scenario planning, we’ll start with identifying the driving forces that will shape health care in 2030, then sort out what we know about these – those are certainties – and what we don’t yet know about the factors – which are uncertainties. To create four alternative futures, I’ll select two of these driving forces that, to me, are the most important and impactful, and the most uncertain – to shape health care in the U.S. in 2030. By picking these two, we “stretch” them on an x- and y-axis in “low” and “high” flavors, and then live inside each of the four quadrants to explore the health care stories for our person – the “noun” in our futures. That is our end-user customers, our clients, our members, our patients, caregivers – and “us.” The Driving Forces for Health Care in 2030 Driving forces are the factors that shape a market space, and we can use the general list I show in the first column for virtually any industry we work in. For health care in 2030, I’ve thought about each driving force and then gotten more granular in the second column focusing a bit deeper on the factor and how it might play out in 2030. For example, for Workforce and Labor, I think about the supply of primary care providers, clinician burnout, and immigration – all factors that will be very important in 2030, and all with different levels of uncertainty. But with this driving force and most of the others, I’m pretty comfortable about my level of certainty about them vis-à-vis the criticality of the factors for 2030. Pick Two and Meet Me in the Futures The two that make me most nervous because they’re so bloody important, and for which I’m also quite uncertain, are these two: America’s social ethos on one end individualistic and at the other, community-driven; coupled with, Health care financing, thinking mostly public-sector driven versus private/commercial. We know the real world in 2030 will be a combination and nuanced “reality.” But that isn’t why we do scenario planning, to “pick the right future.” We do this exercise to immerse ourselves in the different worlds, each of which tease out different ways the driving forces could play out for the person—and then test our strategy (ies) against the alternatives to ensure we are covering our bases, strategically, tactically – to not get caught too-off-guard by surprises in the market. When we think through these different worlds and the factors shaping them, we are better prepared to deal with “stuff” that inevitably happens that can shift our world slightly, or blow it apart – like rushing about for PPE when supplies from Asia dried up in the second quarter of 2020. Just sayin’. Here’s the 2×2 matrix of what my two driving force choices create for us to consider. Welcome to 4 future health care worlds for 2030 Congratulations: you’ve made your way through the first half of this post looking into the 2030 futures setting the stage for patients as different personas depending on what that future holds. Stay tuned for the second half of this two-part series here on Health Populi on April 17th which will detail the four possible futures and peoples’ prospects for being consumers, CEOs of their care, health citizens, or castaways.
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Bonus Features – April 14, 2024 – Less than 6 in 10 docs satisfied with electronic access to external immunization info, 68% of nurses are feeling overwhelmed, plus 38 more stories
Welcome to the weekly edition of Healthcare IT Today Bonus Features. This article will be a weekly roundup of interesting stories, product announcements, new hires, partnerships, research studies, awards, sales, and more. Because there’s so much happening out there in healthcare IT we aren’t able to cover in our full articles, we still want to […]
Access, a Leader in Information Management Services, to Significantly Accelerate its Digital Solutions Strategy with Acquisition of Triyam, an Innovative Data and Software Business
This Acquisition Marks a Major Milestone for Access as it Continues to Rapidly Expand its Platform to Address Critical Data and Records Management Needs Triyam Complements Access’ Robust Records Archiving and Compliance Management Capabilities with Expertise in Managing Electronic Health Records Access Information Management (Access), the world’s largest privately-held integrated information management services provider, today […]
Immortal Puppy Also Has Remote Monitoring Capabilities
Tombot’s AI-powered robotic puppy companion is more than just an emotional support animal, through an array of sensors it can also remotely monitor patients. The company is planning to have a beta version available soon with full production later in 2024.
HIMSS 2024 Recap – Healthcare IT Today Podcast Episode 138
For the 138th episode of the Healthcare IT Today Podcast we are doing a recap of the recent HIMSS conference! First, we discuss the main takeaways for health IT we walked away with. Then, we talk about the companies we thought stood out at the conference. We also discuss what topics we think should have […]
From Wait Times to Real-Time: Assort Health Secures $3.5 Million to Scale First Generative AI for Healthcare Call Centers
Solution Erases Long Phone Holds for Patients, Supports Overwhelmed Medical Front Desk Workers, and Improves Patient Access to Physicians Assort Health is introducing the first generative AI solution built specifically for healthcare call centers, promising to erase that dreaded hold music forever. The company is announcing $3.5 million in funding, which will be used to […]
Connecting Healthcare Clouds and Simplifying Solutions in a Secure Way
Healthcare cloud solutions have become much more sophisticated, reliable, and easier to connect. Gone are the days of a single cloud instance that can support all your needs. However, managing the various cloud options can be challenging if you don’t have a thoughtful approach to it and work with great partners. At the HIMSS 2024 […]