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8Aug, 2017

Silicon Valley and Healthcare (Part 2)

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In our last blog, we began the conversation on Silicon Valley’s “new” interest in healthcare; let’s continue with Apple Inc. Recent reports from CNBC continue to refer to Apple’s interest in healthcare. Apple is seeking to be the “central bank for healthcare information,” “looking to host clinical information,” and is “talking to hospitals, researching potential acquisitions, and attending healthcare IT meetings.” WOW!! CNBC broke the story back in June 2017, and we have been following closely since. It would appear that Apple is trying to use applications, new processes and […]

28Jul, 2017

Healthcare’s Disruptive Transition – Part 4

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One of the things that continues to shock us in healthcare are the costs to administer the back-office, or the cost to generate, send, process, pay and receive a medical claim. How big is this administrative cost of healthcare in the U.S.? What if we told you that the healthcare administration costs are approximately $333,000,000,000 USD (three hundred thirty-three billion USD) per year. Would you believe your eyes? Yes, the United States of America spends more in healthcare administration than many, many countries spend on healthcare in total! For instance […]

25Jul, 2017

Silicon Valley and Healthcare (Part 1)

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The inspiration for this series of blogs was a recent report on CNBC that Apple Inc. CEO Tim Cook had worn a device that tracked his blood sugar, hinting at Apple’s interest in the space. Over the last 12 months we have had many conversations, that effectively started with a question: why is Silicon Valley not having an impact on healthcare? The answers I have given, both in our home state of Florida, and in a recent visit to Silicon Valley were the same. First, healthcare is not only “complicated” […]

9Jun, 2017

Healthcare’s Disruptive Transition – Part 2

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We began this series discussing how the second wave of Baby Boomers or the “trailing edge,” will likely change healthcare materially and permanently. In our last blog, we suggested that this “trailing edge” will change healthcare by being the first generation to take a more active role in their healthcare, be materially more demanding of technology, and more questioning of their caregivers. After all, this is the generation that has witnessed the emergence and mainstreaming of revolutionary technology: the color television, fax machines, pagers, cell phones, the Internet, social media, […]

8Jun, 2017

Healthcare’s Disruptive Transition – Part 1

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Over the next 10 years, we will see more profound transformations in healthcare than the last 30 years. As we will discuss in our new series of blogs, the transformations will be driven by consumer demands and changes in the use of technology, as well as the pressure by the government to drive changes to payments to providers over the next five years. This process will require changes in all providers and hospitals, it will force modernization of payers systems (CMS, HMOs and other private insurance), and lastly the intensive […]

18Mar, 2016

HIMSS 2016, Part 3

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As we noted in our last two blogs blog “every year the best and the brightest in health information technology industry via the Healthcare Information and Management Systems Society’s (HIMSS) annual meeting meet for a week. This year it was in Las Vegas, Nevada. I will admit, I missed it; and maybe I should have gone to this one. I have received 100s of industry emails. Something certainly happened; so I will take two more blogs, this and the next, and move on to other things.” The first part of […]