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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Athenahealth sold for $5.7 billion

After being courted by several bidders, athenahealth has been sold to Veritas Capital and Evergreen Coast Capital for approximately $5.7 billion.

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Health IT improves patient care in nursing homes

Adopting sophisticated information technology (IT) in nursing homes leads to better patient care, according to a recent study from the University of Missouri published in Nursing Care Quality.

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Harvard: AI might be an answer to healthcare red tape

Artificial intelligence may help stop the “downward spiral in productivity” in the U.S. healthcare system, which has been plagued by labor-intensive, inefficient administrative tasks, according to an article in the Harvard Business Review.

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EHR tools face challenges collecting social determinants of health

As social determinants of health (SDH) play a more prominent role in healthcare, more providers are looking for ways to incorporate social needs into electronic health records. But documenting SDH alongside other health information in EHRs isn’t so easy, according to a recent study published in the Annals of Family Medicine.

Amazon healthcare exec: Doctors hate computers

As technology continues to disrupt the healthcare space and advance care, doctors are increasingly seeing issues with more screen time and less face time with patients, according to Atul Gawande, the CEO of Amazon’s healthcare joint venture with Berkshire Hathaway and JPMorgan Chase.

How virtual reality is reshaping the way we train medical students

Medical education, after years of sticking to a tried-and-true formula of lectures, exams and rotations, is racing to catch up with technological innovations that are reshaping the way we train nurses and doctors in the U.S., the New York Times reported Oct. 31. Virtual reality (VR) and high-fidelity simulations are leading the charge.

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Mayo Clinic partners with FundamentalVR to develop novel virtual reality solutions

The Mayo Clinic and London-based virtual reality developer FundamentalVR have announced a three-year strategic alliance and joint development agreement, making the Mayo Clinic the first American medical center to institute the company’s technology.

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Morgan Stanley hired its first CMO

Investment bank and financial services company Morgan Stanley has hired a chief medical officer for the first time in the firm’s history, according to Business Insider.

Around the web

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. 

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

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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