Home / Tech / Science / DIGITAL HEALTH BRIEFING: American Well partners with Philips, Allianz — $100M merger helps Allscripts enlargement — GE Healthcare, Roche rise vicious caring solution

DIGITAL HEALTH BRIEFING: American Well partners with Philips, Allianz — $100M merger helps Allscripts enlargement — GE Healthcare, Roche rise vicious caring solution


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AMERICAN WELL PARTNERS WITH PHILIPS, ALLIANZ TO DRIVE
TELEHEALTH GROWTH:
American Well is doubling down on
efforts to enhance its telemedicine services footprint announcing
a new turn of
appropriation from insurer Allianz and a
partnership with tech hulk Philips.

  • American Well will accept some-more than $59 million in
    appropriation from Allianz.
    American Well will gaunt on
    Allianz’s attention imagination to build its telehealth platform,
    mixing wearable sensors, remote monitoring, and virtual
    visits to enhance entrance to healthcare, revoke compared costs,
    and urge the altogether peculiarity of healthcare.
  • Philips will hide American
    Well
    s telehealth services in
    its digital health solutions.
    The multi-year agreement
    will start with Philips’ uGrow parenting app, which is designed
    to support relatives monitoring their baby’s development.
    American Well will capacitate uGrow users to have entrance to 24-7
    entrance to medical professionals.

American Well is likely anticipating the two new partnerships
will help it comprehend its general ambitions.

Allianz and Philips have clever general ties in the health
caring market. That could help American Well navigate differing
telemedicine chartering and payment issues in each
particular market,
according to Forbes.

American Well isn’t alone in eyeing the international
telehealth market.
 US telemedicine company
Teladoc acquired medical
office app Best Doctors in 2017. The squeeze gave Teladoc a
global network of 50,000 medical experts and could boost annual
income for the company.

Telemedicine services have grown fast over the past
few years as health systems demeanour to tech to boost hospital
potency and drive patron expansion and retention.
In
2017, roughly 75% of US health systems possibly already were, or
dictated to exercise a telehealth offering,
according to a consult by Foley Lardner. That’s a
poignant change in view compared to commentary in
the first consult in 2014 when 87% of respondents said
that patients wouldn’t wish virtual caring services in 2017.

  • Telemedicine can revoke hospitalization costs and
    readmission rates.
    Unnecessary hospitalizations were
    reduced by almost 50% for US patients enrolled in a telehealth
    program for one-year,
    according to Banner Health. Telemedicine also reduced
    30-day readmission rates by 75%.
  • Some business are peaceful to switch services for
    telemedicine access.
    Around 50 million US customers
    would select another caring provider if they charity remote
    visits,
    according to calculations formed on a 2017 American
    Well Survey. That’s up 194% from the 17 million business in
    2015.

bii us medical providers telemedicine plans
BI Intelligence

ALLSCRIPTS CONTINUES EXPANSION EFFORT WITH $100 MILLION
ACQUISITION:
Allscripts, a provider
of healthcare information record solutions,
will acquire
Practice
Fusion, an electric health record (EHR) vendor, for $100 million
in cash. The acquisition, slated to finalize by the finish of Q1
2018, will give Allscripts entrance to Practice Fusion’s
cloud-based EHR, a solution that focuses on small,
traditionally hard-to-reach, eccentric physician
practices. This pierce will strengthen the firm’s outpatient EHR
offerings and enhance its reach. Currently, 
Practice
Fusion supports 30,000 ambulatory
practices. 
This is Allscripts’ second major
acquisition in the last 6 months, as it works to solidify
its position in the EHR market. In Aug 2017, the firm
acquired McKesson’s health IT business for $185 million in part
to entrance the firm’s Paragon EHR solution,
which doubled Allscripts’ hospital client bottom in the
US. 

bii EHR use foresee
BI
Intelligence

GE HEALTHCARE AND ROCHE TEAM UP TO IMPROVE ONCOLOGY AND
CRITICAL CARE TREATMENT:
  GE Healthcare
is teaming up
with Roche, the pharmaceutical and diagnostics company,
to jointly rise clinical decision support solutions. The firms
will primarily focus on improving diagnosis options for
oncology and complete caring patients by building a new digital
height that gives physicians access to workflow solutions
and apps to support clinical decisions. The height will use
modernized analytics and integrated data, which includes
in-vivo and in-vitro data, studious records, and
real-time monitoring information, to help physcians confirm on the
best diagnosis options for patients. If GE and Roche are means to
attract health systems with their new solutions, they could see
big earnings from a fast flourishing marketplace — the global clinical
decision support systems market is approaching to grow at
an annualized rate of 12% to strech $1.5 billion by 2021, up from
$857 million in 2016, according to
MarketsandMarkets.

STAGNANT US DOCTOR JOB GROWTH HIGHLIGHTS IMPORTANCE OF
DIGITAL HEALTH:
The sum series of physicians in the US
grew just 2% between 2012 and 2015,
according to the American Medical Association’s 2018 National
Economic Impact of Physicians report. This pale expansion could
outcome in a immeasurable necessity of caring providers as direct for
medical continues to outstrip the country’s ability to provide
it, Healthcare Dive
reports. For instance, by 2025, US adults aged 65 years and
older — an age joint that
accounts for the largest share of ongoing illness sufferers —
will grow by some-more than 15%, according to
PHI. The commentary of the report underscore the significance of
digital health solutions, such as telehealth, machine-learning
for things like radiology, and chatbots, which have already

shown some justification of supplementing human resources for
medical organizations in areas such as mental health. It’s
likely that investment, research, and adoption of digital health
solutions will continue to grow fast as health systems explore
ways to safeguard they can meet future medical demands.

IN OTHER NEWS…

  • Spirosure, a company that creates breath-based
    evidence and monitoring devices, lifted $15 million in its
    latest turn of funding,
    according to MobiHealthNews. The company will use the
    appropriation to drive sales and compensate for regulatory processes in
    Europe, China, and Japan. 
  • Reflexion Health, a virtual rehabilitation
    platform, partnered
    with aged caring provider Jewish Home for a new virtual
    reconstruction therapy program for seniors. The virtual service
    allows mixed patients to bear reconstruction therapy at
    once around a TV screen while being monitored remotely by their
    medicine who can yield particular feedback to
    participants.  
  • Change Healthcare announced the general
    accessibility of the Intelligent Healthcare Network, it’s
    blockchain-enabled claims government platform,
    according to HIT Consultant. The charity is the first
    enterprise-scale blockchain solution in medical and allows
    businesses to lane the standing of claims in real-time, with
    larger correctness and clarity than existent systems. 

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