Today is an important day as I proudly announce the launch of Healthcare Triangle, Inc. Healthcare Triangle or HCTI will create an unshakable system that empowers providers, payers, and the life sciences industry to deliver the best outcomes through breakthrough technology and healthcare know-how.
All over the country, healthcare providers are planning their 2021 priorities. New tech, value-based care, and global events are driving healthcare to broaden its view of access, quality, and affordability. The IT organization must respond to remain relevant and enable care delivery. Here are three key considerations for your organization’s 2021 IT planning and budgeting.
The 21st Century Cures Act, a United States law enacted at the end of 2016, mandates patient data interoperability for payers, providers, and healthcare organizations. As we approach rolling implementation deadlines, healthcare organizations are wrestling with how to liberate data from siloed systems – not only to give patients more granular control of their data, but also to improve outcomes by giving doctors a more complete view into their patients’ conditions.
As 2021 is now underway, here’s what you can expect from healthcare-centric revenue cycle projects. Budgets and spending may continue to get trimmed throughout the year to offset the financial difficulties and lower margins COVID has brought, but IT and RCM technology projects will be mostly untouched, and may even get bumped-up in priority.
Ransomware attacks have proven to be one of the most destructive cyber threats for healthcare organizations, driving financial and legal strain and disrupting their care delivery processes and quality. In the face of high-profile cyberattacks on healthcare organizations, Joe Grinstead, Vice President – Technology at Healthcare Triangle Inc, and Roman Schwartz, DR Expert at AWS, presented the latest webinar, “Responding to Ransomware with AWS Backup and DR”.
What is the key to driving digital innovation with data analytics—and where should healthcare leaders begin?
According to a recent Accenture analysis, two out of three life sciences organizations struggle to achieve optimal return from their investments in cloud computing. This is unfortunate, considering that the cloud is clearly emerging as a game changer in pharma, biotech, medtech and other companies in this space. In pharma alone, the cloud computing market is expected to reach $12.1 billion in 2022, up from $4.7 billion in 2017.
Pharma and life sciences companies are placing big bets on digital innovation. Research by Gartner shows 85% to 90% of these companies expect digital transformation to advance performance, while 75% design digital technology platform teams with revenue-generating programs in mind.
The business case for moving healthcare operations to the cloud is compelling. As artificial intelligence, machine learning, robotic process automation, and other innovations take hold in healthcare, the cloud offers virtually unlimited capacity to leverage these resource-intensive applications.
More than 60% of healthcare IT leaders say a key part of their organization’s digital transformation consists of transitioning their business operations to the cloud, according to a recent survey by Healthcare Triangle (HCTI).
