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.

Sectra PACS was named Best in KLAS in 2022 based on customer feedback.

Hospitals share top health IT vendors to work with in the Best in KLAS 2022 list

KLAS Research's 2022 report covers more than 1,000 health IT informatics solutions focused on EMRs, staffing, revenue cycle management, patient portals, and more.

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Health-tech companies back new legislation introduced to modernize ‘outdated’ health privacy laws

Teladoc Health, IBM, Epic and others all support the bipartisan Health Data Use and Privacy Commission Act.

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Blockchain-based health data exchange firm Avaneer Health secures $50M in seed funding

Aetna, Anthem and the Cleveland Clinic are among those investing in the Chicago-based venture, the company announced.

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Healthcare giants invest $200M in digital health benefits startup Transcarent

The Palo Alto, California-based company has now raised nearly $300 million and is reportedly valued at close to $1.6 billion.

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Hackers break into Florida healthcare giant’s network, gaining access to data on 1.3 million people

Approximately 473 of the breach victims live in Maine, according to a document recently submitted to the Office of the Maine Attorney General.

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Most healthcare executives have an AI strategy but only half have implemented it

Optum surveyed more than 500 senior health execs from top hospitals, health plans, employers and other organizations for its fourth annual survey.

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Oracle makes healthcare splash with $28.3 billion purchase of Cerner

The acquisition is believed to be the firm's largest transaction in company history.

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Oracle may be closing in on $30B purchase of EMR giant Cerner

If completed, the deal would be considered the largest ever for the software giant, surpassing its $10B acquisition of PeopleSoft in 2005.

Around the web

The tirzepatide shortage that first began in 2022 has been resolved. Drug companies distributing compounded versions of the popular drug now have two to three more months to distribute their remaining supply.

The 24 members of the House Task Force on AI—12 reps from each party—have posted a 253-page report detailing their bipartisan vision for encouraging innovation while minimizing risks. 

Merck sent Hansoh Pharma, a Chinese biopharmaceutical company, an upfront payment of $112 million to license a new investigational GLP-1 receptor agonist. There could be many more payments to come if certain milestones are met.