February 17, 2020
Happy President’s Day to our readers in the U.S.
In my latest podcast, Paul Black, CEO of Allscripts shares his thoughts on what it means to treat patients like consumers, the ongoing debate around patient data access and the proposed HHS ruling, and how Allscripts is embracing new technologies like cloud and voice to transform its solutions portfolio. Paul advises health systems looking to harness innovation to bring together outside help with industry experience and their own organizational knowledge from a clinician standpoint to accelerate transformation. Take a listen.
Google was everywhere in the news last week (and the week before. And it seemed like the week before that too). While the media focus has been on the ongoing “techlash” against big firms over data privacy rights, it emerged that Google Health has quietly become a 500-person organization under Dr. David Feinberg, former CEO of Geisinger Health. Meanwhile, Google Cloud CEO Thomas Kurian, racing to catch up with leaders AWS and Azure, rationalized his group and eliminated a bunch of positions. The slew of data-sharing agreements signed by Google Cloud in the past few quarters seem to indicate that Google Cloud is establishing the beachhead for Alphabet’s ambitions in the healthcare space.
Coming back to the patient as consumer, Providence Health CDO Aaron Martin cautions health systems that they could be at risk of irrelevance in the ongoing wave of consumerization if they fail to adopt digital health tools. There’s some encouraging news: two new industry surveys indicate that a new generation of digital-native physicians is embracing digital tools, and that consumers are willing to use digital health tools – provided they come with a recommendation from a trusted source like their employer.
Digital transformation in healthcare: our picks for the week
Google Health’s org. structure under former Geisinger CEO Dr. David Feinstein is gaining prominence as Alphabet makes a big play in healthcare through the Google Cloud business.
Google Cloud CEO Thomas Kurian rationalizes his group while stating their commitment to a handful of industry sectors, including healthcare.
Epic’s COSMOS project gains momentum.
Should we now expect ripples up and down the VC funding landscape as potential exits to big tech firms look more challenging?
In the ongoing “techlash” against big firms, this one merger might just become a casualty.
How federated machine learning, an approach that leaves data where it is and exposes it to partners to runs algorithms, improves outcomes while protecting privacy.
A plug for my hometown Chicago which is turning into a major tech destination.
Now that design is the killer app, consulting firms like Frog that have been around 50 years, are wondering if it’s time they had a share of the spoils. Read my piece last year on how design is influencing digital health.
Aaron Martin, CDO of Providence Health, makes the case that the rapid consumerization of healthcare puts many traditional health systems at the risk of irrelevance.
Amidst the hand-wringing around the risks of losing out to digitally savvy upstarts, some encouraging news for digital health evangelists in health systems.
Even more encouraging news for digital health evangelists as a new survey indicates consumers are ready for digital health tools – but only with a recommendation from a trusted source.
The new competitive differentiator – Respect for privacy. IKEA promises broad new data controls for consumers that are easy to understand and appear in context on its digital platforms.
Health apps collecting data should be required to obtain affirmative consent from users for change of terms.
Amazon leads the smart speaker market by a wide margin. Expect to see more Alexa-enabled applications in healthcare.
Great advice for digital health startups.
The latest from Damo Consulting
“Every patient has a right to control where their health data goes.”
Our monthly update on major global IT consulting and services firms in healthcare. It provides latest financial and market performance updates on WITCH companies along with other global IT consulting firms.
Damo Consulting is very pleased to welcome Ed Marx and John Glaser to our inaugural board of advisors.
Our latest white paper explores how health systems can accelerate digital transformation.
A review of the financial and market performance of global technology consulting firms in healthcare.
Our latest research report explores the current state of digital transformation in healthcare.