angelMD’s Friday Roundup is a collection of five stories that you need to know about each week. From policy to innovations, look to us to keep you up to date on what’s happening in the healthcare industry.
With no EHRs, Hospitals Overpay for Tech
Without Electronic Health Records (EHRs), technology becomes underutilized, according to Harvard Business Review. Providing evidence-based care requires specific calibration by healthcare workers rather than drawing on data from the EHR. This causes productivity to fall, despite increased technology spending.
According to FierceHealthcare, the important takeaway here is that hospitals should “take advantage of their purchasing power to buy systems that can connect.”
Cleveland Clinic Partners with Oscar Health to Provide Coverage
The Cleveland Clinic and Oscar Health are joining forces and offering insurance plans which can be purchased through government subsidies with the option for people to pay the full cost of insurance. The plans only include the Cleveland Clinic’s network of providers and can only be purchased in five Ohio counties.
As larger players like Anthem, UnitedHealth Group and Aetna scale back their Obamacare business, the startup’s partnership with the clinic “shows narrow networks, which limit choices of doctors and hospitals are key to the future success of the ACA,” according to Forbes.
Apple Moving Forward in the Healthcare Industry
According to CNBC, Apple is preparing to make the iPhone the source of all your medical information. The article notes that Apple would be essentially mimicking what it did with the iPod and iTunes by providing a centralized system for healthcare data.
This addition would theoretically tie your activity data gathered through Apple’s wearable tech with your medical data, allowing for a more complete picture of health. With their recent hire of Dr. Sumbul Desai, clinical associate professor of medicine at Stanford, it’s clear they intend to move forward. If Apple gets this right, it could have a profound impact on the healthcare industry.
77th Scientific Sessions of the ADA Draws on Digital Health
The American Diabetes Association (ADA) hosted their 77th Scientific Session on June 9-13. Since diabetes management has been the focus of many apps in the digital health space, the ADA’s Scientific Session felt their presence. Several startups on the angelMD platform are also working to reform diabetes care like Atlanta-based Rimidi.
In Dr. Alvin D. Powers’ presidential address, he noted the importance of the diabetes community collaborating to support patients and innovate new forms of care. “If we’re to meet the size, the scope, the urgency of the challenges related to diabetes, it will require a new level of discovery, engagement, and joint collaboration. It will take you. It will take all of us,” he said.
Medicaid Cuts Pose Unintended Consequences
The proposed American Healthcare Act includes significant cuts to Medicaid. A series of articles on NPR illustrate the ramifications on healthcare in the U.S. if such cuts are passed including addiction treatment, training for adults with disabilities, and insecure coverage for low-income individuals.
The Medicaid and larger healthcare debate continues to flourish in the public sphere. Recently, the Health Affairs Blog ran a series on reigniting the bipartisan spirit of healthcare reform with each post authored by Democratic and Republican leaders in health policy.
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