Business Intelligence
Premier Inc. on Tuesday announced an agreement to acquire Salt Lake City-based TheraDoc, a Hospira subsidiary that develops clinical surveillance technology, for $117 million in cash.
Healthcare technology is hot stuff, with startups and investors from Silicon Valley to the Charles River chasing after the next paradigm-shifting blockbuster innovation. Each passing quarter sees an ever-increasing tally of eager rounds of funding. But what will be the lasting impact of some of these products?
Business intelligence has been a popular catchphrase across healthcare in recent years, often touted as a quick cure for inefficient business or clinical processes. BI is not a panacea, but when approached in a smart and targeted way it can translate raw data into actionable knowledge and help cut hospital costs.
As it works to get a more valuable, holistic view of its clinical and financial data, Bon Secours Health System is rolling out a cloud-based data warehouse and business intelligence platform from Premier Inc.
Glenn D. Steele Jr., MD, president and chief executive officer of Geisinger Health System, will step down next summer.
The joys of unintended consequences never end. The Patient Protection and Affordable Care Act required hospitals to get paid based on how much they improved their patients' health rather than on how many tests and procedures were completed. The intent was to improve patient care.
Venture capital funding for health information technology surpassed $1 billion for the first time in Q2 2014 -- far surpassed, in fact, with $1.8 billion raised in 161 deals, more than doubling the $861 million raised in the previous quarter.
If there is one emerging pattern within the clinical informatics field, it is the quest to make data "actionable" for users. However, providers are finding that the data generated often can't be used in a timely and constructive manner.
Brigham and Women's Hospital is working on a half-dozen projects aimed at lowering healthcare costs through the use of big data.
Much has been made of the exploding volume of patient data, and the challenges and opportunities that poses for healthcare. But a new analysis finds that it's actually the variety of those data types that's truly giving researchers headaches.