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.

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.”

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Cerner president blames ‘fake news’ for reports of troubled DOD rollout

The implementation of a Cerner electronic health record (EHR) system at the Department of Defense (DOD) has been suspended over problems with the platform’s usability and interoperability. Cerner president Zane Burke said those reports amounted to “fake news” potentially being spread by one of the health IT giant’s competitors.

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TransUnion acquires Healthcare Payment Solutions

TransUnion Healthcare has announced the acquisition of reimbursement technology company Healthcare Payment Solutions (HPS). Adding HPS solutions to its portfolio will boost TransUnion’s position in the post-discharge revenue recovery technology market, the company said.

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After long delay, Cerner reaches agreement with VA on EHR contract

Nearly a year after the deal was first announced, the Department of Veterans Affairs (VA) and health IT giant Cerner have finalized a $10 billion contract for Cerner to replace the VA’s in-house electronic health record (EHR) system.

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Global EHR market expected to hit nearly $40B by 2022

Cerner owns 17.3 percent of the $29.7 billion global electronic health record (EHR) market, according to the annual Kalorama Information market share report, though No. 2 Epic leads the market for smaller hospitals and physician practices.

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Amazon's Alexa has its own ‘health & wellness’ team

Made up of more than a dozen Amazon employees and led by manager Rachel Jiang—a veteran of Facebook and Microsoft who has been with Amazon since 2013—the “health & wellness team” within Alexa's division has been working on how the voice assistant can adapt to the requirements of HIPAA.

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VA sets Memorial Day deadline to decide on Cerner EHR

Nearly a year after it was first announced the Department of Veterans Affairs would be replacing its in-house electronic health record (EHR) system with a Cerner platform, the contract hasn’t been finalized. A senior VA official now says the agency’s acting chief has set a deadline of Memorial Day—May 28—to make a decision on the acquisition.

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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