I’m recently back from AdvaMed’s annual conference where, as always, I was struck by the deep commitment to bring innovation to patients. But innovation is in the eye of the beholder. When it comes to medtech offerings, there are many stakeholders who decide if an innovation is going to deliver differentiated results, and what value is merited in return.Read more
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As we look to move the ball forward with health IT, we’re closely watching exponential technologies and their potential power to transform the industry. Exponential technologies have the potential to render the health care sector unrecognizable in a relatively short amount of time. Artificial intelligence (AI), robotics, 3D printing, and synthetic biology all have the ability to potentially dramatically disrupt the systems and processes that have historically defined the health care industry.Read more
Don’t be surprised. Instead, take a brutally honest look at what it’s offering.
Having recently completed a significant new research study into patient app adoption and usage in pharmaceutical industry, we can now say officially what you surely already know: There’s a good chance patients have no interest in your app, whether it’s the one you launched just last year,Read more
Health care stakeholders have long recognized that factors outside the health care system –the social determinants of health (SDoH) – influence an individual’s health and well-being. Many hospitals, health systems, and health plans are navigating the challenges of effectively linking data related to the SDoH and clinical services to improve health outcomes in the long term.Read more
This week, several of my colleagues and I were at AdvaMed’s annual MedTech Conference where we discussed a wide range of topics, including value-based contracting, cybersecurity, and digital health. Yesterday, I led a panel focused on the decline of early-stage investment in medtech, and its impact on startup activity. During the session, we dove into how dwindling investments in those early phases could put future innovation at risk.Read more
In the early 1990s, competition among personal computer manufacturers intensified as pricing pressure from new entrants made the overall sector less profitable. The companies that thrived were those that positioned themselves as sellers of solutions – rather than merely computer vendors. For those companies, computers became one component in a broad technology solution that was sold to customers.Read more