December 6, 2021 I Issue #138
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.
Was this forwarded to you? Subscribe to receive it directly in your inbox on Mondays.
We also urge you to share your feedback and ideas with us to help improve this newsletter. You can reply to this email as well.
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 providersGoogle 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.
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
We thank our partners and sponsors for their support in bringing you high-quality content
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
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.