THE HEALTHCARE DIGITAL TRANSFORMATION LEADER

Your weekly newsletter on health IT and digital health

Paddy Padmanabhan

The Healthcare Digital Transformation Leader Weekly Newsletter: Issue #140

December 20, 2021 I Issue #140

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Digital Health in the News

Oracle in Talks to Buy Cerner

An agreement, which could potentially be worth $30 billion, would rank as biggest ever for software giant. The Wall Street Journal

Duke, Mayo Clinic, others launch innovative AI collaboration

The goal of the partnership, which also includes UC Berkeley and DLA Piper, is to build a baseline understanding and confidence in a wild-west software market and allow for safer, more responsible deployment of AI and machine learning algorithms. Healthcare IT News 

Amazon shakes up healthcare strategy in 2021: A timeline of key developments 

Amazon strengthened its healthcare presence in 2021, from expanding its health centers to launching new products to inking partnerships with hospitals and health systems. This piece provides a timeline of the tech giant’s key healthcare moves in 2021. Becker’s Hospital Review 

More than 70 healthcare organizations commit to digital health equity

More than 70 healthcare organizations have signed a Digital Health Equity Pledge from Executives for Health Innovation, the independent Washington, D.C.-based nonprofit announced. Becker’s Hospital Review 

Epic enables location services with Mapquest integration

Company representatives say the partnership will help patients find conveniently located clinicians and assist home health providers with getting to their destinations. Healthcare IT news 

Cigna drops Livongo as preferred digital health tool

One of the largest health services businesses in the U.S. dropped Livongo from preferred status in its digital formulary, with the move coming as the digital health startup’s ongoing merger with telehealth provider Teladoc Health reportedly hits bumps in the road. Modern Healthcare 

This Week in The Big Unlock Podcast

Richard Ashworth discusses why senior fitness is an important space and brimming with opportunities waiting to be capitalized.

Our Top 10 Podcast Episodes of 2021

Listen to the playlist here.

Go to podcast archives

We thank our partners and sponsors for their support in bringing you high-quality content

Insights & Research

Health tech’s sky-high projections in 2021 have already been punctured

The health technology sector has seen extraordinary enthusiasm among private and public investors this year. In 2021, investments have so far totaled $23.8 billion, nearly tripling 2019’s tally. STAT News

Consumer adoption of telemedicine in 2021

Rock Health’s 2021 Digital Health Consumer Adoption Survey found an increase in live video telemedicine and a decrease in satisfaction with telehealth compared with in-person care. Rock Health 

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

Source: STAT News

Damo Thought Leadership and Media Mentions

The Cambrian explosion driving digital health and digital transformation

The Cambrian explosion refers to an intense burst of growth in life forms on earth during a relatively short time in the Cambrian period, over 500 million years ago. Today, we are witnessing a similar explosion in digital health solutions. Blog

The future of patient data: 3 pillars of successful analytics implementation

In the COVID-19 era, health systems recognize that existing data infrastructure is inadequate. Here are the three things large datasets need to be useful. 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

Will We All Soon Live in Cancerland?

New technologies promise to help us discover more cancers in time to treat them. But they also risk ushering even the well into an all-encompassing kingdom of the ill. The Wall Street Journal

5 Critical Priorities for the U.S. Health Care System

Since early 2020, the dominating presence of the Covid-19 pandemic has redefined the future of health care in America. It has revealed five crucial priorities that together can make U.S. health care accessible, more affordable, and focused on keeping people healthy rather than simply treating them when they are sick. HBR 

20 hospital execs’ most thought-provoking quotes on health IT in 2021

From their thoughts on “hospital-at-home” programs to technologies hospitals should adopt to how to improve health equity, here are 20 quotes about innovation in health IT that hospital executives shared with Becker’s Hospital Review in 2021. Becker’s Hospital Review 

Kaiser Permanente CDO on health care digital transformation

Most leaders who talk about a digital transformation like to highlight companies building innovation from the ground up. VentureBeat 

Digital Health Funding, M&A

Is this a bubble? Digital health execs on funding in 2021

Digital health companies raised a lot of money this year. Executives and company leaders weigh in on the big funding numbers and the effects on the industry. MobiHealth News 

Big data startup Innovaccer nabs $150M, catapults to $3.2B valuation

Data-driven healthcare startup Innovaccer has landed $150 million in a series E round, adding nearly $2 billion to its valuation. Fierce Healthcare 

RPM company Cadence scores $100M, boosting valuation to $1B 

The company emerged from stealth in August with $41 million. MobiHealth News 

Insurtech platform HealthCare.com banks $180M, boosts valuation to $1B 

Insurtech platform HealthCare.com has closed a $180 million funding round for its AI-powered tools that connect consumers to health plans, boosting the company’s valuation to more than $1 billion. Fierce Healthcare 

Phreesia Announces Acquisition of Insignia Health, LLC, Redoubling Its Commitment to Improve Patients’ Experience and Outcomes

Phreesia is excited to announce it has acquired Insignia Health, LLC, a founder-led and mission-oriented company dedicated to improving health outcomes through patient activation. The acquisition is a natural extension of Phreesia’s commitment to enabling patients to become more active participants in their care. Business Wire 

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

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THE HEALTHCARE DIGITAL TRANSFORMATION LEADER

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.

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