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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Cerner CEO Neal Patterson dies from cancer complications

Neal Patterson, the co-founder and CEO of health IT giant Cerner, died July 9 at age 67, according to a company statement.

Epic doesn’t bid on $33 million contract in its home state; Cerner inks deal

Even though electronic health record (EHR) giant Epic is based in Wisconsin, it didn’t bid on a contract for serving seven state-run facilities, effectively ceding the 10-year, $33 million contract to rival Cerner.

West Virginia hospital replacing computer system due to Petya cyberattack

The Petya cyberattack which has disrupted hospitals, radiology services and pharmaceutical companies is a forcing one West Virginia facility to scrap its entire computer network.

Widespread blockchain adoption predicted within five years

According to survey released by the Pistoria Alliance, 83 percent of executives in life sciences and pharmaceutical companies believe there will be widespread adoption of healthcare blockchain tools within the next five years.

Availity Launches Digital Authorization Platform

Availity, the nation’s largest real-time health information network, announced the launch of its automated prior authorization platform, which eliminates the cost, time, and administrative burdens associated with manual authorization processes.

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HFMA 2017 preview: What the ‘internet of things’ can do for healthcare finance

The “internet of things,” or IoT, is in its infancy everywhere in healthcare, according to Warren Averett security services director Paul Perry. For those on the finance side of hospitals and health systems, he says this connected technology offers great opportunity to those who realize its potential.

Teladoc to acquire virtual consultant platform Best Doctors

The largest telemedicine provider in the U.S., Teladoc, has announced a $440 million deal to acquire virtual consultation company Best Doctors in a move that could further consolidate its hold on the telehealth market.

Innovative technology donated to Marshfield Clinic Research Institute will advance research and patient care

A donation of a high performance computing (HPC) system to Marshfield Clinic Research Institute (MCRI) from Milwaukee Institute, Inc., will advance health care research and innovative treatment options at Marshfield Clinic Health System (MCHS). 

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.