Technology could help biopharmaceutical companies pull more meaningful data from clinical trials and speed cycle times for products in development. Patients could see benefits, too, including higher satisfaction rates and better overall experiences during each phase of the trial. But, given the complexity of institutions and the broader drug environment, adoption has typically been slow and there are challenges ahead.Read more
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When I bring up blockchain in client meetings, or in dinner conversations, people tend to have one of two reactions. Either they see it as being synonymous with bitcoin and other digital currencies, or they see blockchain as an overhyped technology.
I agree there is a lot of hype swirling around blockchain, and I also agree that this technology likely isn’t going to turn health care on its head.Read more
Labor is the single biggest line item for many hospital and health system budgets. As baby boomers retire and begin to face age-related health issues, they will likely seek more services from hospitals. But as the patient population expands, the pool of nurses and other caregivers is expected to recede, which—all else being equal—might push hospital labor costs even higher.Read more
Life sciences companies are usually not considered market leaders in the race to embrace new technology and digital transformation. Whether deserved or not, this reputation—and the reality—should change. Without the advantages of digital, leaders in life sciences could lose competitive ground that can’t easily be regained.
It’s an urgent call to action, but also a huge opportunity.Read more
Rachel’s end-to-end digital hospital experience
Imagine it’s a few years in the future; say, 2025. Four-year-old Rachel’s hospital operates under an incentive reimbursement model driven by quality and care outcomes for the populations it serves. Because Rachel has a history of medical complications that places her within the hospital’s higher-risk populations that require close monitoring,
Inc. magazine released its 11th annual 30 Under 30 list featuring young entrepreneurs working to solve some of the world’s biggest challenges. The founders of Neopenda made the list – the startup makes wearables that monitor four newborn vitals in developing countries. The women who founded Neopenda, which launched in 2015,Read more