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DrFirst Medication Management Solution Wins 2022 MedTech Breakthrough Award
Annual Awards Program Recognizes Outstanding Health & Medical Technology Products and Companies
ROCKVILLE, Md., May 5, 2022 – Health technology pioneer DrFirst today announced that MedHx Companion has been selected as the “Best Computerized Decision Support Solution” in the MedTech Breakthrough Awards program. MedTech Breakthrough is an independent market intelligence organization that recognizes the top companies, technologies, and products in the global health and medical technology market.
This is DrFirst’s third MedTech Breakthrough award, with SmartSuite winning the “AI Innovation Award” in 2021 and iPrescribe earning “Best New E-Prescribing Solution” in 2020. This year, MedHx Companion was one of more than 3,900 nominations from over 15 different countries around the world.
MedHx Companion gives clinicians an immediate view of 12 months of a patient’s medication history 24×7 from the most comprehensive array of prescription fill sources on the market. Designed for use with an electronic health record (EHR) system or on its own, the web-based application lets clinicians see a patient’s medication history, including prescribed medications, prescriptions not being filled, duplicative or overlapping drugs, drug interactions, and potential opioid abuse. Prescription fill rates and adherence scores help clinicians identify non-adherence so they can coach patients to take and refill their prescriptions to avoid unnecessary hospitalizations. MedHx Companion also flags unsafe opioid dosage levels, which provides an opportunity to recommend substance abuse treatment programs.
“We developed MedHx Companion based on the real-world experience of DrFirst’s clinical team of physicians and pharmacists, who understand that quick access to medication information protects patients from adverse drug events and alleviates administrative burden,” said G. Cameron Deemer, president of DrFirst. “We appreciate this recognition from MedTech Breakthrough as we continue to provide customers with new technologies that support clinical decision-making with concrete patient data.”
MedHx Companion’s ability to identify patients who are seeking prescriptions from multiple providers across state lines is particularly timely as drug overdose deaths surpassed 100,000 in a 12-month period for the first time last year, according to the Centers for Disease Control and Prevention, signaling a dangerous intersection where the opioid epidemic meets the pandemic’s impact on mental health. Hospitals are short-staffed, and healthcare workers are overburdened, exacerbating challenges in identifying and supporting patients who struggle with addiction.
“The ability to use a patient’s medication history to support clinical decision-making represents a breakthrough for hospitals and healthcare workers who are dedicated to providing the best possible care to every patient,” said James Johnson, managing director of MedTech Breakthrough. “DrFirst uses technology to quickly deliver the information clinicians need to help patients avoid adverse drug events, prevent opioid overdose, and adhere to treatment regimens. Congratulations on being our choice for ‘Best Computerized Decision Support Solution.’”
The mission of the MedTech Breakthrough Awards is to honor excellence and recognize the innovation, hard work, and success in a range of health and medical technology categories, including Telehealth, Clinical Administration, Patient Engagement, Electronic Health Records (EHR), Virtual Care, Medical Devices, Medical Data, and many more.
About DrFirst
Since 2000, DrFirst has pioneered healthcare technology solutions and consulting services that securely connect people at touchpoints of care to improve patient outcomes. We create unconventional solutions that solve care collaboration, medication management, price transparency, and adherence challenges faced in healthcare. We unite the Healthiverse—the interconnected healthcare universe—by providing our clients with real-time access to the information they need, exactly when and how they need it, so patients get the best care possible. DrFirst solutions are used by nearly 325,000 healthcare professionals, including more than 120,000 prescribers, 70,000 pharmacies, 290 HIS/EHRs, and 1,500 hospitals in the U.S. and Canada. To learn more, visit www.DrFirst.com and follow @DrFirst.
About MedTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the MedTech Breakthrough Awards program is devoted to honoring excellence in medical and health-related technology companies, products, services, and people. The MedTech Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough health and medical companies and products in categories that include Patient Engagement, mHealth, Health & Fitness, Clinical Administration, Healthcare IoT, Medical Data, Healthcare Cybersecurity, and more. For more information, visit MedTechBreakthrough.com.
DrFirst Media Contact
Katlyn Nesvold
Amendola Communications
715-559-0046
[email protected]Posted 5.6.2022 -
Pivot Point Consulting Issues “Q2 2022 Healthcare IT Trends Report” With 6 Key Insights and Implications for IT Leaders
– The Great Resignation is more of a Great Reshuffle.
– Hybrid and Remote Workforce – it’s here to stay.
– Third-Party Risk Management (TPRM) emerges as a top cybersecurity priority.
– Remote Patient Monitoring (RPM) shows ROI.
– The Trusted Exchange Framework and Common Agreement (TEFCA) will usher in a new era of healthcare data and IT interoperability.
– ERP now matches EHR in strategic importance.
NASHVILLE, Tenn., May 4, 2022 /PRNewswire/ — Pivot Point Consulting, a Vaco Company, and 2022 #2 Best in KLAS: Overall IT Services Firm, today released its second quarter Healthcare IT Directions Report, underscoring six trends certain to drive health IT decision-making in 2022.
Pivot Point’s team of experts continually studies and identifies top trends in healthcare IT, sharing their insights and know-how with health IT leaders operating at a range of organizations from hospitals and health systems to provider networks and payers. For Q2 2022, top-of-mind trends include the myth of The Great Resignation to the importance of TEFCA and ERP.
Pivot Point Consulting’s Q2 2022 Healthcare IT Directions Report provides insights and recommendations to help leaders frame strategies, drive innovation and operate efficiently in an unpredictable, rapidly evolving environment.
The Great Resignation Myth
According to a March 2022 Harvard Business Review article, 47 million Americans voluntarily quit their jobs in 2021. The same HBR report analyzed 10-plus years of labor data that suggests the 2021 Great Resignation was a pendulum-swinging response to 2020, when far fewer employees quit their jobs than expected, likely due to the uncertainty of COVID. The workforce shifts are driven by many forces, including employees reshuffling – moving to similar roles in the same industry given new (remote) opportunities, wage competition and reconsideration, taking jobs that allow a (re)focus on the quality of life.Now dubbed “The Great Reshuffle,” it is inter-related with another trend – the permanence of the hybrid and remote workforce now embedded across a range of industries, including healthcare.
- Analysis: The impact of the Great Reshuffle and a hybrid and remote workforce is widespread and healthcare leaders should recognize and be aware of both trends – which are likely to continue full force.
- Takeaway: Organizations should build staffing models, management and team culture that provides autonomy, accountability and advancement; prioritize staff development and satisfaction; and deploy consulting talent to manage across peaks in staffing demand.
Third-Party Risk Management (TPRM) and Cybersecurity Threats
TPRM continues to be a top emerging risk for organizations of all sizes across all industries, with 81% of executives identifying TPRM as a priority going into 2022. This trend is only expected to continue as dependence on third parties grows and vendor relationships become more complex.- Analysis: There is an uptick in demand for TPRM program implementation and managed services from all types of healthcare organizations. The reality is all organizations that rely on third parties for production operations are inherently susceptible to vendor risk exposure, regardless of their size. The lasting impact of a data breach or cybersecurity risk event caused by a third party can be extremely costly.
- Takeaway: Healthcare organizations should establish TPRM via a comprehensive info-security program and a focus on supply chain evaluation; recognize that a business is only as secure as its move vulnerable vendor partner; and conduct Application Rationalization and Decommissioning initiatives to also reduce risk.
Embrace Remote Patient Monitoring (RPM)
The proof is in the numbers: 40% of health centers are using RPM; 70% have seen improvement in clinical outcomes including a 76% reduction in hospital readmissions; RPM program participants are experiencing 51% fewer on-call urgent visits, 47% fewer physician visits and 41% fewer phone calls directly related to patient care.- Analysis: Healthcare organizations that implement and incorporate RMP into the standards and best practices for care delivery reduce costs, while increasing clinical outcomes and patient satisfaction and retention.
- Takeaway:To dive into RPM, healthcare leaders, CIOs and IT staff must address device sourcing, inventory management and loss prevention, as well as coding and reimbursement for device utilization, IT support needs, workflow changes (especially for chronic conditions and post-acute discharge management) and cultural shifts to instill clinical leadership’s trust in device data.
Preparing for the Trusted Exchange Framework and Common Agreement (TEFCA)
At the start of 2022, The Office of the National Coordinator for Health Information Technology (ONC), the organization at the helm of the nation’s health IT standards, published TEFCA to address the gaps in interoperability by implementing a nationally coordinated network of Qualified Health Information Networks (QHINs). To date, Health Information Exchanges (HIEs) have traditionally focused on provider-to-provider data sharing and didn’t include such stakeholders as payers, individual consumers and public health.- Analysis: TEFCA infrastructure will help providers access more clinical information, collaborate with health plans to provide resources to patients and comply with information-blocking regulations. By the end of 2022, we expect to see several QHINs become available for data exchange.
- Takeaway:Organizations should build-out technology infrastructure that can request, accept and store data provided by QHINS; address data hygiene to ease integration with a national data set; and skill-up tech staff, especially with the FHIR framework.
Strategic, Integrated Enterprise Resource Planning (ERP)
There is an ever-increasing level of new implementation, replacement and general adoption of ERP solutions across healthcare, with the operative word being “integrated.” Healthcare organizations are seeing enhanced business insights that can result in actionable changes and positively impact the bottom line and overall satisfaction of staff and patients. A 2020 Guidehouse survey reported that 51% of providers are planning to implement or optimize their ERP system over the next few years.- Analysis: The ERP system is as important as the Electronic Health Record (EHR) system to the lifeblood of the healthcare enterprise. Integrated systems provide for a holistic, data-driven operational view and can improve decision making and planning. A single Software as a Service (SaaS) solution can unlock efficiencies, enabling professionals work to the top of their license and not be bogged down with disparate systems.
- Takeaway:As healthcare organizations embrace new, integrated ERP deployments, it’s crucial to shape a vision, create a strategic roadmap, as well as launch change management activities and communications plans, including answering the question for staff at all levels: Why are we doing this?
Learn more from the full Healthcare IT Trends Report.
About Pivot Point Consulting
In 2022, Pivot Point Consulting, is ranked as the #2 Best in KLAS: Overall IT Services Firm, by KLAS (after being 2020 #1 Best in KLAS Overall IT Services Firm) and it is also ranked #2 in Partial IT Outsourcing.Pivot Point Consulting enables healthcare organizations to realize the most value from their technology and resources through EHR, ERP, Strategy, Virtual Care, Data & Analytics, Cybersecurity, Service Desk, Application Support and Revenue Cycle Management services. Our experts deliver consulting, managed services and talent solutions to providers, payers, life sciences and technology organizations.
For more information, visit us at pivotpointconsulting.com.
Media Contact:
Mardi Larson
Amendola Communications for Pivot Point Consulting
[email protected]SOURCE Pivot Point Consulting
Posted 5.6.2022 -
119 Healthcare Organizations Sign Letter to Congress Urging Removal of Ban on Funding for National Patient Health Identifier Standard
WASHINGTON, DC, May 4, 2022 – Today, the College of Healthcare Information Management Executives (CHIME) along with the Patient ID Now Coalition and over 100 other organizations sent a letter to leaders of the House and Senate Appropriations committees urging them to reject the inclusion of outdated rider language in an appropriations bill that prohibits the US Department of Health and Human Services (HHS) from spending any federal dollars to promulgate or adopt a national unique patient identifier standard.
For over 20 years, this rider language has blocked innovation and progress in the healthcare industry by preventing the development of an accurate national patient identification system. Lack of consistency in patient identification leads to medical errors and financial burdens for patients, clinicians, and institutions. The letter cites a Blackbook report stating that error from inaccurate patient identification costs the average hospital $2.5 million and the US healthcare system over $6.7 billion annually.
The rider language occurs in Section 510 of the Fiscal Year 2023 Labor, Health and Human Services, and Education and Related Agencies (Labor-HHS) Appropriations bill. Removing the language in Section 510 will allow HHS to evaluate patient identification solutions and collaborate with the private sector to identify a national strategy for patient ID that protects privacy and is cost-effective and secure.
For the past three years, the House has removed the ban from the Labor-HHS appropriations bill in a bipartisan manner, and last year the draft bill from the US Senate Appropriations Committee also removed Section 510. The letter emphasizes the need to continue this recent progress and ensure that Section 510 is left out of the bill.
Download the Letter from 119 Industry Stakeholders to House Appropriators and Senate Appropriators Calling for UPI Ban Removal- FY23 (May 2022)
CHIME and the Patient ID Now Coalition will hold a briefing on the patient identification issue next Wednesday, May 11 at 1:00 pm ET as a part of “Patient ID Week.”
Register for the briefing here. For any questions on the briefing, email [email protected]
About CHIME
The College of Healthcare Information Management Executives (CHIME) is an executive organization dedicated to serving chief information officers (CIOs), chief medical information officers (CMIOs), chief nursing information officers (CNIOs), chief innovation officers (CIOs), chief digital officers (CDOs) and other senior healthcare IT leaders. With more than 5,000 members in 56 countries plus two U.S. territories and over 150 healthcare IT business partners and professional services firms, CHIME and its three associations provide a highly interactive, trusted environment enabling senior professional and industry leaders to collaborate, exchange best practices, address professional development needs and advocate the effective use of information management to improve the health and care in the communities they serve. For more information, please visit chimecentral.org.About Patient ID Now
Patient ID Now is a coalition of heathcare organizations representing a wide range of healthcare stakeholders committed to advancing through legislation and regulations a nationwide strategy to address patient identification.
The founding members of the Patient ID Now Coalition are the American College of Surgeons, AHIMA, CHIME, HMMS, Intermountain Healthcare, and Premier Healthcare Alliance. For moe information, please visit patientidnow.org
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Contact
Rosslyn Elliott
Editor, Communications & Media Relations
734-275-0104
[email protected]Posted 5.5.2022 -
CloudWave and Tausight Partner to Provide Cloud-Based Managed Service for Industry’s First Situational PHI Awareness Platform
New Security-as-a-Service offering mitigates information sharing risk with unprecedented level of PHI detection with the convenience and security of the OpSus Healthcare Cloud
BOSTON and MARLBOROUGH, Mass – May 4, 2022 — Tausight, the PHI detection company for healthcare, and CloudWave, the largest independent provider of EHR hosting and managed healthcare cloud services, today announced a strategic partnership to provide healthcare organizations with a cloud-based managed service for detecting, tracking and analyzing protected health information (PHI) activity and risk in real-time, anywhere in today’s distributed healthcare ecosystem. Tausight’s patented, ML-native platform provides 24×7 telemetry on the creation, access, storage, movement and replication of PHI, and automatically delivers actionable reports. As Tausight’s Premier Managed Security Services Partner, CloudWave will implement the company’s situational PHI awareness platform and deliver turnkey PHI monitoring, management and response to healthcare providers.
When PHI is shared between providers, patients, health systems and applications it is proven to result in better patient outcomes and cost-effective care. Yet, information sharing increases data vulnerabilities and risk. Upcoming deadlines on information blocking in the 21st Century Cures Act have underscored the need for a deeper level of visibility into all PHI – inside and outside the firewall – and the ability to report on data activity quickly and easily.
Built and managed to meet the security and performance demands of healthcare applications in a redundant network of Tier 4 data centers, CloudWave’s OpSus Healthcare Cloud provides HITECH- and HIPAA-compliant managed services to hospitals and healthcare organizations for hosting, disaster recovery, archiving and remote systems management.
“The Tausight platform was designed to help healthcare organizations ensure sensitive patient data is accurately identified and protected from the point of care to the cloud,” said Frank Nydam, CEO of Tausight. “With CloudWave’s industry-leading, customer-centric management services and the Tausight platform, our joint customers can fast track the detection of all PHI exchanged and simplify compliance with information sharing and incident reporting regulations.”
“We strive to continuously improve our secure OpSus Cloud environment to stay ahead of bad actors targeting patient clinical and financial records,” said Mark Middleton, vice president of Cloud Services and chief quality officer at CloudWave. “Our partnership with Tausight will give our customers unprecedented visibility and insight to the flow of PHI in both the network core and edge and enable us to jointly reduce their vulnerability to breach, misuse, or the leakage of legitimate PHI into ‘shadow PHI’ on unmanaged clouds and endpoints.”
About Tausight
Tausight was founded in 2018 by the co-founder and former CTO of Imprivata, David Ting, with the vision of reducing healthcare-specific cybersecurity incidents by simplifying the way hospitals and healthcare systems detect and manage PHI risk in today’s decentralized healthcare ecosystems. Applying breakthroughs in ML/Federated Learning and NLP, and a detailed understanding of clinical workflows, Tausight developed a revolutionary and affordable, situational PHI awareness platform, giving time back to IT security staff, enabling the free exchange of PHI/EHI, and allowing clinicians to work securely from any device or location. Tausight is backed by top-tier healthcare investors, Polaris Partners, Flare Capital Partners, and .406 Ventures, and is based in Boston, Massachusetts. For more information, visit: www.tausight.com and follow us on LinkedIn and Twitter (@Tausight).
About CloudWave
CloudWave is a cloud and managed services provider that delivers a multi-cloud approach, helping healthcare organizations with any electronic health record (EHR) service architect, build, and integrate a personalized solution using managed private cloud, public cloud, and cloud edge resources. As the largest, most experienced, and trusted independent software hosting provider in healthcare, CloudWave delivers enterprise cloud services to more than 200 hospitals and healthcare organizations, supporting 125+ EHR, clinical, and enterprise applications. With decades of experience in disaster recovery and backup, CloudWave can support a wide variety of healthcare IT initiatives that require scalability, reliability, and security.
The company’s OpSus cloud services provide managed hosting, end-to-end disaster recovery, systems management, security, backup, and archiving services that are fully supported by around-the-clock Network and Security Operations Centers staffed by certified healthcare IT and security professionals in the USA. CloudWave also provides secure, cloud-based enterprise imaging as-a-service in partnership with Canon Medical, to help hospitals store, analyze, protect, and share medical images. To learn more visit www.gocloudwave.com
CloudWave Contact:
Jill Colna
SVM PR
[email protected]Tausight Contact:
Kelly Mitchell
fama PR for Tausight
[email protected]Posted 5.5.2022 -
Divurgent Names Ed Marx as New Chief Executive Officer and Colin Konschak as Chairman of the Board of Directors
VIRGINIA BEACH, Va. (May 3, 2022) – Divurgent, a nationally recognized healthcare IT consulting company, is proud to announce Ed Marx, a renowned leader with more than 30 years of experience, as its new Chief Executive Officer (CEO).
Colin Konschak, company founder and CEO since 2007, will move to a new role as Executive Chairman of the Board of Directors.
Marx is an influential, veteran IT leader with deep experience in healthcare. He was the former Chief Digital Officer (CDO) for Tech Mahindra Health & Life Sciences and former Chief Information Officer (CIO) for Cleveland Clinic. He was also the governor-appointed chairman of the Texas Health Services Authority for eight years.
In recent years, two major national healthcare information technology organizations, the College of Healthcare Information Management Executives (CHIME) and the Healthcare Information Management Systems Society (HIMSS), named Marx the CIO of the year and listed him as one of the top 10 disruptive forces in healthcare. CIO and Computer World named Marx one of the “Top 100 Leaders,” and the Dallas Business Journal named him “Newcomer of the Year.”
Marx has won the coveted “People’s Choice” HISsies Award for top healthcare CIO four years in a row, and Becker’s Healthcare named him one of the “Top 25 Most Influential Executives in Healthcare,” one of the “Top 26 Smartest Healthcare IT Professionals,” and one of the “17 Most Influential Leaders in Healthcare.” Under his leadership, Texas Health hospitals and Cleveland Clinic achieved the highest designation (Stage 7) of the HIMSS Electronic Medical Record Adoption Model (EMRAM) and won the coveted “Davies Award” twice for best use of technology to enable business and clinical outcomes.
The chance to lead Divurgent was something he could not pass up, Marx said.
“Once, maybe twice, in your career, the stars align, and you’re granted the opportunity of a lifetime,” Marx said. “This is that moment. Divurgent is a well-run, client-centered organization with strong people and strong values.”
Marx’s experience in healthcare traces back to his high school days when he worked as a janitor mopping the floor of an emergency department. After high school, Marx served as a combat medic and later as an anesthesia tech.
“I never set out to be a CEO,” Marx said, “but I knew I was called to healthcare. With Divurgent, I could not wish for a better organization to be on this journey with, and I look forward to all that we can accomplish, together.”
Through its healthcare payer and provider partners, Divurgent’s team has worked on projects that impacted 67 million patients, including 1.6 million unique Medicare patients, and over 700,000 health plan members.
When Divurgent’s Executive Committee began its CEO search, they wanted to find someone who aligned with the culture and values set up by the company founders, Konschak and Philip Felt. The committee looked for a CEO who could lead with Excellence, Learning, Innovation, Trust, and Enthusiasm – Divurgent’s corporate ELITE Values – and continue the company’s laser-focus on leveraging technology to help client partners better service their patient communities. With Marx, the committee found the perfect match.
Marx is a hands-on executive who focuses on mentorship and lifelong learning. He is a respected thought leader who is active with advisory boards, higher education institutions, and professional organizations, such as CHIME and HIMSS. Marx has a popular “CIO Unplugged” blog and hosts a podcast, “DGTL voices with Ed Marx,” which has more than seventy episodes to date. Marx also has written three books, Extraordinary Tales of a Rather Ordinary Guy, Voices of Innovation, and Healthcare Digital Transformation. Marx is co-writing a new book with best friend Cris Ross of Mayo Clinic for consumers on enhancing patient experience.
Marx received his Bachelor of Science in Psychology and a Master of Science in Design, Merchandising, and Consumer Sciences from Colorado State University.
About Divurgent
Divurgent is a solutions provider focused on what matters most to our client partners. We disrupt the typical value equation by using data-infused, flexible, and scalable solutions that demonstrate and quantify value for our partners.
We are committed to IT evolution, deploying tailored solutions that help our client partners achieve improved operational effectiveness, financial performance, and quality of customer experience. Throughout Divurgent’s nearly 15-year history, we have experienced year-over-year growth measured in both revenue and employee headcount.
Excellence, Learning, Innovation, Trust, Enthusiasm—these are the ELITE Values that drive us to be more and do more—to redefine consulting and transform healthcare for our clients and the communities they serve. We are passionate about providing innovative solutions that offer our clients the opportunity to improve customer experiences and enhance operational efficiencies. Staying true to our values, mission, and our vision of a passionate Team has given us the tools to be a successful firm both externally and internally, growing both as a company and as a Team.
Press Contact: Brittany Williams, VP, Marketing & Communications | [email protected]
Posted 5.3.2022 -
Amy Dirks Stevens Joins Innovaccer Leadership Team
Former start-up executive of AVIA, committed to driving innovation in healthcare to improve the health of communities and people, joins Innovaccer as GM of provider performance
SAN FRANCISCO—May 3, 2022—Today Innovaccer Inc., the Health Cloud company, announced Amy Dirks Stevens has joined its leadership team. As general manager of provider performance and value-driven transformation, she will apply her extensive experience in the healthcare industry as an entrepreneur, strategist, and voice for health equity to lead the company’s portfolio of contract performance capabilities, helping customers succeed across the continuum from fee-for-service to value-based care and population health management.
Stevens will play a crucial role in supporting the company’s rapid growth and industry leadership in unlocking providers’ ability to more fully achieve the business and clinical performance targets in their contracts. She will work closely with company and healthcare leaders to implement innovative care delivery models and population health (PHM) strategies that leverage the Innovaccer® Health Cloud’s Data Activation Platform and Population Health Management Suite to improve clinical, financial, experiential, and operational outcomes using value-based payment models.
Prior to joining Innovaccer, Stevens was a start-up executive and EVP at AVIA, a health transformation network of providers and payers focused on improving business performance through digital solutions and automation. In this role, she addressed the challenges and priorities of large health systems, and gained an insider’s perspective on the technology and services companies who serve them. Before AVIA, she was president of one of the first FTC-sanctioned clinical integration networks (CIN). For over two decades, Stevens was an enterprise and regional executive in health systems, holding COO and chief strategy officer roles.
An in-demand industry speaker, she has served on numerous boards working at the intersection of public policy and business. Ever the ally in improving health equity, Stevens has given voice to vulnerable populations through advocacy that led to landmark legislation such as the Infant Safe Haven Laws and the founding of a non-profit residential crisis pregnancy center that serves women nationally.
“Amy has been focused on driving innovation in healthcare to improve the health of communities and individuals for her entire career,” said Abhinav Shashank, cofounder and CEO of Innovaccer. “She has exceptional experience and a perspective across healthcare, and understands how to help health systems unlock the power of their data, analytics, and insights to solve long-standing challenges to improve clinical and business outcomes. Her skill and vision will help our customers accelerate their transformation to whole person care that improves health equity through innovative population health strategies with the Innovaccer Health Cloud.”
About Innovaccer
Innovaccer Inc., the Health Cloud company, is a leading San Francisco-based healthcare technology company committed to accelerating innovation in healthcare. The Innovaccer® Health Cloud unifies patient data across systems and settings, and empowers healthcare organizations to rapidly develop scalable, modern applications that improve clinical, operational, and financial outcomes. Innovaccer’s solutions have been deployed across more than 1,000 care settings in the U.S., enabling more than 37,000 providers to transform care delivery and work collaboratively with payers and life sciences companies. Innovaccer has helped organizations unify health records for more than 24 million people and generate more than $600 million in savings. Innovaccer is the #1 rated Data and Analytics Platform by KLAS, and the #1 rated population health technology platform by Black Book. For more information, please visit innovaccer.com.
Press Contact:
Sachin Saxena
Innovaccer Inc.
415-504-3851
Posted 5.3.2022 -
Research: Chronic Data Readiness Issues Impeding Digital Transformation in Healthcare
New research finds healthcare leaders have high aspirations for digital transformation, but a lack of data readiness threatens their ability to execute
San Francisco—May 3, 2022—A majority of healthcare leaders have established digital transformation as a top priority spurred by the pandemic, yet they’re facing a chronic, underlying challenge that’s impeding their efforts: data readiness. As a result, the number of healthcare executives planning to invest in technologies designed to improve data readiness and support systemic interoperability is projected to jump 440% by 2025—the highest percentage of increased investment compared to other healthcare IT categories.
Those insights and more are at the center of a new national survey of healthcare leaders conducted by Morning Consult and commissioned by Innovaccer. The 35-page report, “Healthcare’s Data Readiness Crisis: Triage vs. Transformation,” reveals that the overwhelming majority of healthcare executives surveyed (95%) are focused on digital transformation, with 61% aiming to have their organizations achieve full digital transformation in just three to five years—a blink of an eye in healthcare time.
That’s the good news. The bad news: There’s a data readiness crisis brewing that threatens to undermine digital transformation, as 97% of healthcare executives surveyed report they’re pushing for more data interoperability. Fully 3 out of 4 surveyed healthcare executives said they need clean, interoperable data that works across every system in the organization. Nearly half (42%) said their organizations’ data is highly fragmented and siloed, 41% cited data interoperability as the top technical barrier stifling innovation, and 58% didn’t believe that their EHR vendor could support their enterprise data strategy.
Closing this data readiness gap is the foundational step required to realize the promise of digital transformation and measurably improve clinical, financial, and operational outcomes. That’s a key reason why many healthcare executives surveyed said they plan to invest in a healthcare data platform that fosters enterprise data readiness and pervasive interoperability. Indeed, the number of healthcare executives who plan to invest in those technologies is projected to jump 440% by 2025—by far the greatest percentage increase across all other categories, including EHRs, cloud migrations, patient portals, and CRM, according to the research.
“All across healthcare, clinical, claims, and other data and the crucial insights it can reveal are literally trapped in hundreds of disconnected systems within each institution,” says Abhinav Shashank, cofounder and CEO of Innovaccer. “And instead of unifying these systems, we keep pouring more money into old technologies and erecting more data silos. It’s time to unify and optimize data across healthcare to make it complete, trustworthy, and actionable. And that requires a shift in our thinking. When we approach digital transformation from the perspective of ‘data readiness first,’ healthcare IT leaders will find they can address their immediate challenges while establishing a foundation for accelerating transformation long term.”
The Morning Consult study was designed to understand the current and near-term opinions of healthcare executives with respect to digital transformation. Morning Consult surveyed a national sample panel of 75 U.S.-based C-suite, VP, and director-level executives at academic and non-academic health systems and facilities with up to 2,000 beds and revenue from less than $1 billion to over $10 billion. All respondents had decision-making authority, share, or influence on final decisions regarding technology investments for their organizations. Their views reflect a cross-section of healthcare leaders’ views and priorities in 2022.
The complete study can be downloaded at https://innovaccer.com/resources/industry-report/healthcare-data-readiness-crisis.
About Morning Consult
Morning Consult is a global decision intelligence company changing how modern leaders make smarter, faster, better decisions. Morning Consult was founded with the conviction that modern global leaders need better daily intelligence on what people think about brands, the economy, and geopolitics to make intelligent decisions in a time of unprecedented change. Since our founding in 2014, we have focused relentlessly on revolutionizing the scale, quality, and speed of survey research. We built a data collection technology platform with industry-leading quality standards and access to upwards of 100 million people globally to collect more than 15 million interviews in over 100 countries annually. Transforming data into actionable intelligence drives our continuous development of proprietary software for global executives to search, analyze, and share more than 7 trillion unique data points. We feature cutting-edge applied technology, including Machine Learning algorithms (ML) and Natural Language Processing (NLP) tools. Connecting the C-Suite has cemented us as a critical resource. Morning Consult’s solutions are used across the communications, finance, marketing, insights, risk, and strategy functions at more than half of the Fortune 500. Today’s leaders—including four of the top five tech companies and 10 of the top 15 financial services companies—know the power of our technology. For more information, please visit morningconsult.com.
About Innovaccer
Innovaccer Inc., the Health Cloud company, is a leading San Francisco-based healthcare technology company committed to accelerating innovation in healthcare. The Innovaccer® Health Cloud unifies patient data across systems and settings, and empowers healthcare organizations to rapidly develop scalable, modern applications that improve clinical, operational, and financial outcomes. Innovaccer’s solutions have been deployed across more than 1,000 care settings in the U.S., enabling more than 37,000 providers to transform care delivery and work collaboratively with payers and life sciences companies. Innovaccer has helped organizations unify health records for more than 24 million people and generate more than $600 million in savings. Innovaccer is the #1 rated Data and Analytics Platform by KLAS, and the #1 rated population health technology platform by Black Book. For more information, please visit innovaccer.com.
Press Contact:
Sachin Saxena
Innovaccer Inc.
415-504-3851
Posted 5.3.2022