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Newsday - Growing Health Tech, Metrics on Patient Tech-ness, and Big Tech Plans

Newsday - Growing Health Tech, Metrics on Patient Tech-ness, and Big Tech Plans

Time: 39:29
September 27, 2021: Anne Weiler, health tech entrepreneur joins Bill for the news. When growing a startup, what comes first? The clients or the right investors? Johns Hopkins Medicine has developed an Epic-embedded tool aimed at automatically identifying patients likely to need telehealth technical assistance. Xealth raised $24 million in new funding. Halo Health is being acquired by Symplr. Four out of six traveling intensive care unit nurses quit just one day after arriving at Providence St. Joseph Hospital in Eureka, California, due to a lack of familiarity with the EHR. And will Big Tech firms save the day in healthcare? Or is it just too complicated?
Key Points:
Revenue will get you investment. Investment will not necessarily get you revenue. [00:21:00] The issue isn't that healthcare technology is that hard, it's that the business models are screwed up [00:31:30] There's no incentive to share data. Data sharing is not hard if you actually want to do it. [00:31:30] Getting information out of the EHR is one level of complexity. Getting it back in is that complexity times five. [00:32:30] Should one of the big tech firms buy a hospital system? The answer is no. [00:35:06] Stories:
Johns Hopkins Develops Epic-embedded Tool to better Support Telehealth patients - Healthcare IT NewsProvidence spinout Xealth raises $24M to expand digital health services - GeekWireFast-growing Cincinnati startup celebrates exit following acquisition by Texas-based firm - bizjournals.comIs Healthcare Too Hard for Big Tech Firms? - Healthcare IT NewsAfter Traveling Nurses Quit, Hospital Blames lack of EHR Familiarity - Healthcare IT News
Episode ID: 1000536699546
GUID: Buzzsprout-9244573
Release Date: 9/27/2021, 12:00:00 AM

Description

This Week In Health IT is dedicated to propelling healthcare forward by amplifying the voices of advancement and innovation in health technology. Managing Editor and Host Bill Russell has served on executive teams in healthcare, higher education, and Fortune 500 consulting practices. As Chief Information Officer for St. Joseph Health, a 16 hospital $6.5 billion system, he rapidly accelerated the diffusion of new IT strategies, adopted emerging models like cloud, agile development, and invested in two successful startups. On This Week in Health IT, Bill utilizes his experience to prompt leaders, innovators, and organizations to share their stories in a conversational style to capture the wisdom of the industry. Stay up to date, prepare your team, and propel healthcare forward. Subscribe today at https://www.thisweekhealth.com/subscribe.

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