By 2016, participating healthcare providers anticipate: Big Data enabled savings of 21 percent of their annual IT budget, or $7.2 billion Cloud enabled savings of 20 percent of their annual IT budget, or $6.9 billion Mobile enabled savings of 16 percent of their annual IT budget, or $5.5 billion Social media enabled savings of […]
Among recently surveyed healthcare providers, fifty-seven percent of health IT leaders say mobile has become an important tool in viewing real-time patient information. Additional mobile use cases include clinical notifications (46 percent), ePrescribing (41 percent), and patient communication and reminders (38 percent). Learn more about Patriot Labs Health Follow us on Twitter: @ironSageGroup About Patriot […]
Among recently surveyed healthcare providers, approximately 50 percent indicated that Big Data is helping them to reduce readmissions and track and evaluate patient outcomes more effectively. Providers are also using Big Data to conduct cost-benefit analysis to reduce project risk (46 percent), manage clinical and IT staffing levels (38 percent), and prescribe preventative care (24 […]
NexJ Systems, a provider of cloud-based software delivering enterprise solutions to the financial services, insurance, and healthcare industries, today announced that it has enriched the data auditing, monitoring, and provisioning capabilities of its software suite through the use of NexJ Data Governance. NexJ Data Governance will help financial services and insurance firms better manage and […]
SUMMARY Patriot Labs is interested in large-scale, accurate, easily accessible training, test, and validation data to support AI model development for multiple domains. This CFI topic encompasses the development of a synthetic data generation tool for sensors (e.g., radar, wide area motion imagery, etc.). In the digital battlespace of the future, synthetic data generation techniques […]
The Federal Trade Commission and Office of the National Coordinator for Health Information Technology are collaborating to promote greater competition in health IT markets. According to an Oct. 7 blog co-authored by Jodi Daniel, director of ONC’s Office of Policy, health IT markets are “not functioning as efficiently as they could be.” This is problematic, […]
Consumers in health plans sold through exchanges launched under health reform fill prescriptions with generic drugs at a rate higher than those with traditional insurance, Express Scripts reported. Meanwhile, those who purchased insurance through the exchange fill more specialty drug prescriptions, which accounted for 1.3% of all the drug bills and 23% of the spending. […]
The $87 billion specialty drug market is growing at twice the rate of the overall prescription market, raising concerns about the drugs’ “financial toxicity” for patients, researchers write in the latest Health Affairs. “The increase in total drug costs to the new agents is likely to have a substantial impact on overall healthcare costs and […]
Among hospitals and medical groups seeking to lower healthcare costs and improve quality, the most costly patients have become a common target for intervention. New data show (unsurprisingly) that the patients they’re looking for are the ones with the most complex arrays of chronic conditions. Nationally, the costliest 1% of patients accounted for 22.7% of […]
CMS published for the first time the quality and financial performance for individual Pioneer accountable care organizations, a small, select group enlisted for Medicare’s most ambitious test of the payment model. First year financial results show health spending slowed as much as 7% among some ACOs and accelerated as much as 5% for others. In […]