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24Aug, 2017

Silicon Valley and Healthcare (Part 3)

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In 2008, I gave a speech at a Florida International University conference, and I discussed the view that we were entering a new renaissance in healthcare. I must say, I am still amazed and saddened how so little has changed in the last nine years. As an optimist, I believe that change is around the corner, and the rest of this blog shows that hope. We have always advocated the need of transformation in healthcare, and more utilization of technologies that have already transformed nearly every other industry in the […]
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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 […]
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1Aug, 2017

Quantum Innovations, Inc. and PWeR® Partner with National Research Center to Advance Healthcare Technology

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Quantum Innovations, Inc. and PWeR® Partner with National Research Center to Advance Healthcare Technology  WEST PALM BEACH, Fla. (August 1, 2017) Quantum Innovations, Inc., (“Quantum”) is pleased to announce that it has become an active member of the National Science Foundation (NSF) Industry/University Cooperative Research Center (I/UCRC) – Center for Health Organization Transformation (CHOT), at Florida Atlantic University (FAU) in Boca Raton, Florida. CHOT is funded in part by the NSF, University Members, and Industry Members who collaborate in trying to bring forth a transformation in healthcare. With access to over […]
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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 […]
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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” […]
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22Jul, 2017

Healthcare’s Disruptive Transition – Part 3

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Recently, Quest Diagnostics (a laboratory services company) and Inovalon (a cloud-based storage company) sponsored a survey of 302 primary care physicians (PCP) and 150 health plan executives (HPE). We could say the findings surprised us however, we cannot. Some of the key points that we noticed were: Nearly 70% of the physicians surveyed noted that they were “willing to spend more time using technology if their EHRs could yield insight unique to their patients.” This key area has driven our search for more connected information. Today, EHRs can provide the caregiver a […]
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10Jul, 2017

The GOP Healthcare Bill – The U.S. Senate Version (Part 3)

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“Healthcare can be fixed without higher costs by putting patient care first, taking advantage of the technology that is available to coordinate better care, improving patient control and access to their medical and financial information, and finally a relentless drive for a fully transparent healthcare pricing model. This is the only solution – not thinking we can fix healthcare by controlling healthcare insurance markets. Trying to fix healthcare by addressing insurance markets alone simply masks the real problems. We can either mask the problem or treat the disease.”  As we […]
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7Jul, 2017

The GOP Healthcare Bill – The U.S. Senate Version (Part 2)

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Why can’t we fix U.S. Healthcare? The biggest problem with the healthcare bill submitted by the Republicans in the U.S. Senate is that they have not tried to fix the same problems the Democrats were unable to fix in Obamacare. They have all focused-on insurance – not cost, quality of care and/or price transparency. We in the U.S have only begun to scratch the surface on the use of technology. Plus, there is no patient or consumer influence in the healthcare marketplace – NONE! Sky-high prices are what makes dealing […]
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4Jul, 2017

The GOP Healthcare Bill – The U.S. Senate Version (Part 1)

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It is nearly impossible to turn on the television, read any website, or listen to talk radio in America and not be overwhelmed by the discussion on the Republican Senate Healthcare Bill. This debate has been the latest process of President Trump’s “repeal and replace ObamaCare” campaign promise. This week, the Congressional Budget Office (CBO) released their estimates on the U.S. Senate Healthcare Bill. First, let’s be real, not now nor has there ever been a healthcare bill. It is a medical insurance bill. Nothing in this bill, nor in […]
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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, […]
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