THE HEALTHCARE DIGITAL TRANSFORMATION LEADER

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Paddy Padmanabhan

The Healthcare Digital Transformation Leader Weekly Newsletter: Issue #138

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December 6, 2021 I Issue #138

Editor’s note

This weekly newsletter is brought to you by the Damo Consulting research and insights team to provide you with highlights of news, events, and insights on digital health and digital transformation. Please share with your colleagues and friends in the industry.

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Digital Health in the News

CVS Health and Microsoft announce new strategic alliance to reimagine personalized care and accelerate digital transformation

CVS Health and Microsoft Corp. announce a new strategic alliance focused on developing innovative solutions to help consumers improve their health, while empowering over 300,000 CVS Health employees – including frontline workers – with tools to better serve more than 100 million people. Microsoft News Center

Northwell Health signs deal, launches platform for patient medical information

New York-based provider Northwell Health and Playback Health, a software technology company, are collaborating on an engagement platform to help patients better retain their healthcare data. Modern Healthcare

Zoom Announces Cerner EHR Integration for Telehealth Services 

Zoom announces that it is now accepting beta customers for a Cerner EHR integration to support telehealth services. EHR Intelligence 

Google rolls out new search tools for health information on Medicare services, languages spoken by providers

Google is introducing new search features to make finding health information more accessible. Fierce Healthcare

This Week in The Big Unlock Podcast

Dr. Mark Weisman discusses the role of analytics and informatics in identifying bottlenecks and the opportunities where technology may be harnessed to enhance the quality of care.

Previous episodes

Srulik Dvorsky, Co-founder and CEO of TailorMed, discusses how healthcare organizations can improve patients’ financial management and enable the chronically ill to reduce their out-of-pocket costs and financial burden, thereby enhancing access to care.

B.J. Moore, EVP and CIO of Providence, Health discusses how strategizing with the leadership at Providence and drawing on his tech experience has helped his team usher in digital transformation in a change-averse domain

Go to podcast archives

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Insights & Research

Wearable technology in health care: Getting better all the time

Smartwatches and wearable medical devices help people monitor their health 24/7. Their impact could increase if doctors trust their utility and people feel their data is secure. Deloitte Insights

Assessment of Patient Preferences for Telehealth in Post–COVID-19 Pandemic Health Care

This survey study found that participants were generally willing to use video visits but preferred in-person care, and those who preferred video visits were more sensitive to paying out-of-pocket cost. These results suggest that understanding patient preferences will help identify telehealth’s role in future health care delivery. JAMA Network Open

Is The Era Of Healthcare Consumerism Finally Here? New Survey Says Yes 

New data released from Press Ganey, a healthcare experience analytics company, reveals the ascendance of consumer shopping behavior—and its potential importance to healthcare providers. Forbes

Events

Today in Health IT podcast with Paddy Padmanabhan at the CHIME Fall Forum 21

In this podcast, Paddy Padmanabhan discusses the state of digital health and how it will play out in healthcare with host Bill Russell. Podcast Recording

Digital Transformation in Healthcare: Reimagine Patient Journeys Through Whole-Person Care

In this webinar, Paddy Padmanabhan and Craig Thomas of Sanitas USA, discuss how the pandemic has amplified the need to accelerate the transformation of provider organizations, the barriers that hamper providers from achieving success, and more. View the session recording here. Session recording

Chart of the week

Damo Thought Leadership and Media Mentions

Cerner creates new division to sell data, research services for clinical trials

The unlocking of patient data from EHR systems is the next frontier in digital health innovation. Paddy Padmanabhan shares his thoughts on Cerner’s new data-as-a-service offering in this piece. Modern Healthcare

What do frontline caregivers want from digitized healthcare?

This article explores the impact and effects of digital transformation on frontline caregivers and what they want from digitized healthcare to make a difference in their lives as caregivers. Article

Is healthcare too hard for Big Tech firms?

With Google Health and Apple both reported to be, respectively, closing down and scaling back their healthcare efforts, it’s worth asking just how disruptive consumer technology companies can be in this hugely complex and fragmented industry. Blog

Healthcare Digital Transformation – How Consumerism, Technology, And Pandemic Are Accelerating the Future

The book by Paddy Padmanabhan that provides actionable insights on developing enterprise digital roadmaps and implementing digital health solutions at every touchpoint in a consumer’s journey. Book

Other Stuff We're Reading

‘Just stupid stuff’: Logistics and lack of testing stymied finding the Omicron variant in the U.S.

After South African scientists alerted the world last week to the new, concerning Omicron variant of SARS-CoV-2, researchers here in the U.S. warned that the highly mutated strain was likely already circulating on American soil. It was just a matter of time before someone found it. STAT News

‘The beginning of a long journey’: A progress report on Big Retail’s ambitions in health care

For companies as big and omnipresent as Walmart or Best Buy, a secure spot in the increasingly crowded hybrid care market is far from guaranteed. Experts say retailers may need to better contextualize their offerings, so it makes more sense for customers to visit the same location for groceries as they do for primary care. They will also need to ramp up their digital capabilities quickly if they want to compete with the gaggle of startups and tech companies racing to grab their share of the virtual care market. STAT News 

Digital Health Funding, M&A

Babyscripts Raises $7.5M in Additional Series B Funding

Babyscripts, the leading virtual care platform for managing obstetrics, announces that additional investors have joined its Series B funding raise, adding $7.5M with investments from Cigna Ventures, Texas Medical Center Venture Fund and Atlantic Health System, bringing the Series B raise to $19M to date. Babyscripts Press Release 

TransUnion acquires IT services company for $3.1B

TransUnion finalized its acquisition of information services and tech company Neustar for $3.1 billion, the credit reporting agency said. Becker’s Hospital Review 

TailorMed and Vivor: Joining Forces to Remove Financial Barriers to Care

TailorMed, a platform that allows healthcare providers to manage their finances, check health plans and estimate out-of-pocket costs for uninsured patients, has acquired fellow financial management company Vivor. TailorMed News 

To know how TailorMed is removing financial barriers to care for patients, listen to the recent conversation of Co-founder and CEO Srulik Dvorsky on The Big Unlock podcast. 

Note: Some of the articles linked in this newsletter may be behind paywalls that need a subscription.

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Join the digital healthcare revolution. Stay on top of the latest news, trends, and insights with Damo Consulting.

Sign me up for the latest news, trends, and insights from Damo.

THE HEALTHCARE DIGITAL TRANSFORMATION LEADER

Join the digital healthcare revolution. Stay on top of the latest news, trends, and insights with Damo Consulting.