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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To pull off instant claims processing, Big Blue payer taps Big Tech player

The plan is to benefit not only consumers but also providers, who will immediately know how much reimbursement to expect and how much administrative activity they can prudently avoid.

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Walmart teams up with Epic for health centers

Walmart has partnered with health records system provider Epic to standardize EHR tools and processes at its health centers.

 

Virtual care a slim margin of total visits

Telehealth appointments only make up about 20% of all doctor visits.

 

Google Health is no more?

Google is scattering its healthcare endeavors across separate departments, according to a memo leaked to Insider.

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CVS Health updates rewards program

CVS Health has updated its ExtraCare Rewards loyalty program for the first time in 20 years. 

 

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Healthcare execs say digital transformation is speeding up

The vast majority of healthcare executives say digital transformation across their organizations is accelerating, according to a recent survey of 399 executives from six countries.

Mayo Clinic closes 5 facilities

Mayo Clinic Health System is permanently closing five locations in Minnesota and Iowa. 

 

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Amazon launches medication price comparison tools

E-commerce giant Amazon has enabled an online price comparison tool for customers to find and compare the expected price of their medication.

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Around the web

Cardiovascular Business
Cath lab techs and nurses see new normal with post-COVID pay

In the post-COVID era, wages for permanent RNs are rising, and wages for travelers are decreasing. A new report tracked these trends and more. 

Cardiovascular Business
Merit Medical to purchase Cook Medical’s lead management portfolio for $210M

Two medical device companies have announced a transaction that could shake up the U.S. electrophysiology market. 

Cardiovascular Business
Abiomed, Biosense Webster, Cerenovus now all known as Johnson & Johnson MedTech

These companies were already part of the Johnson & Johnson family, but they had still retained their previous brand names. Now, each one is officially going by Johnson & Johnson MedTech. 

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