Health IT Product News Report
Allied Market Reseach reports that the US Health Care Information Technology market was evaluated at $61,018 million in 2017, and is estimated to reach $149,178 million by 2025, at a CAGR of 11.7% during the forecast period. The industry is driven by growing demand for improved patient safety and patient care as well as increase in government initiatives to promote and adopt health IT.
Data Bridge Market Research reports the market drivers and growth can be attriuted to the increase in technological know-how, growing volume of patient data, and demand for quick and efficient healthcare processes and systems will help in driving the growth of the healthcare IT market. Increasing digitization in the healthcare industry and demand for value based care and rising cost of provision of healthcare services coupled with the increasing number of healthcare facilities will likely accelerate the growth of the healthcare IT market in the forecast period of 2020-2027.
And finally over 120 companies are found on the newest Inc. 5000 2020 list of fastest growing private companies. Several of those in the top 200. The list is ranked according to percentage revenue growth when comparing 2016 and 2019.
Read all our product news reports. Here is a snapshot of health IT product news being announced.
Health IT Product News:
Complex Relationship with Providers in Healthcare
Healthcare organizations have complex relationships with their providers and there are solutions to help with tracking all the steps in Provider Lifecycle Management. Cloud-based technology like Salesforce is available to automate the process of onboarding providers, streamline documentation associated with credentialing and contracting. Salesforce is the digital solution every healthcare organization needs for more productive days and Virsys12 (@Virsys12) is here to help with our own suite of products such as V12 Network and V12 IPD. We also provide the implementation and integration of these solutions with Salesforce.
Premier Inc. and Honeywell Collaborate to Expand U.S. Production of Nitrile Exam Gloves
Honeywell (@honeywell) and Premier Inc. (@PremierHA), a technology-driven healthcare improvement company, announced a new commercial relationship dedicated to expanding the domestic production of nitrile exam gloves. This new collaboration is expected to produce at least 750 million domestically made nitrile exam gloves in the first year alone.
CareCloud Selected by Veteran Senior Care MSO to Accelerate Expansion and Optimize Delivery of Patient Care
CareCloud, Inc. (@CareCloud), a provider of healthcare technology solutions for medical practices and health systems nationwide, announced Spring Hills Management Services Organization (Spring Hills) will implement CareCloud’s software-enabled solutions, including its electronic health records (EHR) and practice management software, with its remote patient monitoring system in order to optimize delivery of patient care.
Health Catalyst Launches Value Optimizer – A New Approach to Managing Risk and Achieving Profitability in Population Health
Health Catalyst, Inc. (@HealthCatalyst), a provider of data and analytics technology and services to healthcare organizations, announced the launch of Value Optimizer™, a new population health solution that quickly identifies highly valuable opportunities for value-based care (VBC) performance improvement.
Healthmark Releases Newest Borescope: FIS-007
Healthmark Industries (@HmarkNews) is delighted to introduce the FIS-007 to its ProSys™ Optical Inspection product line. It is a borescope designed to visually inspect internal channels of potentially soiled or damaged items with enhanced light, vision, and magnification. It also offers users the option to document with photos and videos the lumens and crevices not visible to the unaided eye.
CPSI and Medicomp Systems Announce Licensing Partnership to Integrate Quippe Clinical Data Engine Into Acute and Post-Acute EHR Platforms
CPSI, a healthcare solutions company, and Medicomp Systems (@MedicompSys), which makes medical data relevant, usable and actionable, announced that CPSI is integrating Medicomp’s Quippe Clinical Data Engine across its electronic health record (EHR) platforms.
Lightbeam Health Solutions Launches Marketplace to Advance Value-Based Care Initiatives
Lightbeam Health Solutions (@LightbeamHealth) announces the launch of the Lightbeam Marketplace, a centralized hub for integrated value-based care services and solutions. The Marketplace expands Lightbeam’s core offerings through integrations with partners that provide technology and services including remote patient monitoring, collaboration tools, point of care integration, social determinants, and other capabilities to improve efficiency and extend population health operations.
Telemedicine Product News:
MedWand Partners with AMD Global Telemedicine to Enable Next Generation of Telehealth
As the first outcome of their new alliance, MedWand and AMD Global Telemedicine (@AMDTelemedicine) will release AMD / MedWand Connect: Virtual Care Clinic™. This new software provides seamless operation from commonly used EHR solutions to support a seamless workflow between scheduling, clinical quality telemedicine consultations, and two-way data exchange.
Marathon Health Opens First Network Location in Las Vegas
Marathon Health (@marathonhealth), provider of onsite, network, and virtual health centers for employers of all sizes, announced its expansion in Las Vegas, Nevada with the opening of its newest Network offering.
FDA Medical Devices approved in June 2021
The FDA regulates medical devices sold in the United States to assure their safety and effectiveness. Medical devices range from simple tongue depressors and hospital gowns to complex programmable pacemakers and robotic surgical systems. Their Medical Device Product Classification database lists over 6,000 types of medical devices regulated by FDA’s Center for Medical Devices and Radiological Health (CDRH) and the classification assigned to each type. Depending on the device classification, along with other factors, federal regulations (such as the Code of Federal Regulations, Title 21) define requirements that must be fulfilled for CDRH to approve or clear devices sold in the United States.
Here are the recently approved devices for June.