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6Sep, 2018

Healthcare and Blockchain Technology (Part 3)

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In Part 3 of our Health and Blockchain series, we will evaluate the Distributive Ledger Technology (DLT), and one application of this technology called Blockchain Technology (BTC), both of which offer exciting potential.  For clarity, both are essentially databases where control over data evolution is shared between entities, and in the case of the blockchain unrelated transactions are bundled into blocks, which are chained together using hashes and (in most cases) broadcast to all participating entities for batch processing, use “blockchains.”  There are two mutually exclusive extremes; one that thinks […]
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30Aug, 2018

Healthcare and Blockchain Technology (Part 2)

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In Part 2 of our Health and Blockchain series, we will explore more about what makes Distributive Ledger Technology (DLT) so special.  Today, there are two models for blockchains, Public and Private.  The Public blockchains are accessible and readable by the public, making them widely used by cryptocurrencies.  Private blockchains have been proposed for secure business and government use.  Most of the potential healthcare applications are going to be private, as any public use would have to de-identified of personal health information (PHI). One of the fascinating features of the […]
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23Aug, 2018

Healthcare and Blockchain Technology (Part 1)

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In this new blog series, we are going to approach a subject we have hesitated to delve into.  First, it is very complicated, and second it is very controversial – Blockchain Technology (BTC).  The reason for the controversy is that it is the base technology used, in fact developed, for cryptocurrencies.  Yes, those like Bitcoins, and later Litecoin, Ethereum, Ripple and the likes. If you are in any business ranging from finance to shipping, inventory and supply chain management, to government documents and healthcare, you cannot avoid reading or hearing […]
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6Mar, 2018

“U.S. health-care spending to climb 5.3% in 2018” and Beyond (Part 2)

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We ended the first part of this blog “U.S. health-care spending to climb 5.4% in 2018” and Beyond on healthcare cost projections though 2026, with doubts about what many would say are bleak projections.  Unfortunately, we believe it is nearly impossible for healthcare cost not to exceed the projections of CMS, as there is no way they won’t exceed the 20% of GDP before 2026.  In this blog, we will detail some of the reasons why the financial and demographical wave we are in is bigger than what most think. […]
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6Nov, 2017

Silicon Valley and Healthcare (Part 6)

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In our ongoing series on Silicon Valley and healthcare, we began with the discussion of Alphabet/Google’s growing interest in healthcare. We continue this series with Google, so that we can discuss Amazon, Inc. next, and then discuss other, much less prominent players, coming into healthcare. We believe that Amazon will have the largest impact on healthcare in 2018. It seems that the news of healthcare technology is clogging not only my email, but also my Twitter feed daily. As a student of healthcare for over 25 years, I have been […]
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7Oct, 2017

Silicon Valley and Healthcare (Part 5)

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As we continue our series on Silicon Valley and Healthcare, we move to Mountain View, California; the headquarters of Alphabet, Inc. and its monster subsidiary, Google, Inc. Later in this series, we will discuss what we think is the coming battle between Google and Amazon in healthcare, and possibly in other industries. I don’t think many companies have had the impact that Google has had in our modern world. I was fascinated when I could search what was the emerging web, on Mosaic, one of the first search engines available. […]
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14Sep, 2017

Silicon Valley and Healthcare (Part 4)

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Though Apple continues to advance in healthcare with the announcement on September 12, 2017, of the new Apple Watch, we will close this series with Part 4 for now. Later, in our future blogs, we will spend some time discussing Amazon, IBM, and other companies from Silicon Valley who are advancing into healthcare. As noted above, Apple just announced a new Apple Watch, and CNBC reported that Apple is working with Stanford University, as well as a telemedicine company America Well, to effectively turn the Apple Watch into a full-time […]
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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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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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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 […]
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