Voice-Enablement: The Next Big Wave in Healthcare’s Digital Transformation Journey
Voice is the most obvious next step of user interface that is going to radically change the way we interact with technology in healthcare services. You ain’t heard nothin’ yet. Amazon made news recently when details of its proposed emotion-sensing wearable device came to light. Interestingly, the device is being developed by the Alexa team who is […]
How to Align Stakeholder Groups in Enterprise Digital Transformation
Healthcare CIOs are deeply involved in enterprise digital transformation today, with many either carrying the additional responsibility of Chief Digital Officer or transitioning into the role full time. Digital transformation requires reimagining patient and caregiver experiences and driving operational efficiencies through automation. However, while digital transformation is primarily IT-enabled, it’s not the same as IT-led. […]
Is It Time for Consumer Data Go Mainstream in Healthcare?
Enterprises value demographic and lifestyle data on consumers more than any other form of data. Consumer data use in healthcare enterprises must overcome a few challenges first. A recent survey of over 300 CEOs across the globe by consulting firm PwC indicates that 2019 is the year enterprises expect to extract value from data. The data that […]
The Great Conundrum of Data Liquidity in Healthcare
The Great Conundrum of Data Liquidity in Healthcare A new HHS ruling aims to push healthcare towards greater data interoperability. However, data liquidity will face a host of challenges. This past weekend, I ran an experiment on my personal medical records. I went online to myChart, the patient portal from Epic that hospitals and physicians […]
How Healthcare Can Overcome the Risk and Costs of Harnessing Digital Health Innovation
The declining funding rates for early-stage digital health startups is curiously at odds with the burning desire in healthcare enterprises to drive technology-led innovation and accelerate digital transformation. Digital health funding reports from venture capital (VC) firm Rock Health released recently indicate that funding levels in Q1 2019 are down from the previous quarter. At $916 million, […]
Digitally transforming patient and caregiver experiences
Presentation at HIMSS19 by Paddy Padmanabhan, CEO, Damo Consulting, and Peter Rasmussen, MD, Medical Director for Distance Health at Cleveland Clinic. Download
Price of Entry or Corporate Strategy: How Pharma and Biotech Are Approaching Digital Health
Eliminating friction and creating value are driving investments in digital health in the pharma/ biotech sector. However, the value drivers are unique to the sector. The high costs of drug discovery and commercialization, looming patent cliffs, and increasing regulatory pressure on drug pricing have created a perfect storm of margin and growth pressures on the […]
Healthcare IT’s ‘Lord of the Rings’ Problem
A recent report by the AHA highlights the progress with interoperability and the challenges ahead. However, it leaves us with nagging doubts about the pace of progress and whether we are addressing interoperability challenges comprehensively enough. In JRR Tolkien’s classic Lord of the Rings, the battle in middle earth is about getting control of the “one ring […]
Healthcare Technology Markets: 5 Predictions for 2019
Digital transformation is gaining momentum; however healthcare enterprises will proceed cautiously. Our work with healthcare enterprises indicates that health systems are investing in specific programs such as telehealth and remote monitoring. While these initiatives gather momentum, other digital health programs are struggling to emerge from pilot deployment and also face competing priorities for discretionary budgets. […]
The Battle of The Health Clouds
Several large tech firms have launched health clouds to tap into the burgeoning digital health ecosystem. However, the health cloud value proposition may not be entirely clear at this time. At a recent event, I witnessed a panel discussion featuring senior executives from top tech firms discussing their plans for healthcare. They were steadfast in […]
