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DIGITAL HEALTH BRIEFING: How GDPR will impact the US health system — Digital health deals hit $1.6 B in Q1 — Ascension sells hospital, pivots to virtual medicine

by Chi Haley (2018-07-07)


ASCENSION HEALTH PLANS GREATER EMPHASIS ON VIRTUAL CARE:
US health system Ascension Health intends
to sell St. Vincent's Medical Center in Connecticut to Hartford HealthCare as it shifts away from hospitals and towards digital health initiatives, according
to Healthcare Dive. The 151-hospital healthcare system plans to focus on outpatient access and telemedicine as a part of its strategy to save $57 million annually. Ascension has struggled to maintain its top line amid the rapidly changing healthcare environment, which has seen dwindling reimbursement from the government and payers, increasing regulatory hurdles, growing pharmaceutical costs, and a muddled shift from fee-for-service to value-based care, according
to an internal video from the CEO, Anthony Tersigni. The company's annual operating income fell 27% year-over-year in 2017, despite growing revenue. The health system likely hopes tattoo pigmentación capilar en Marbella Marbella that a pivot to supporting more virtual health solutions will help to streamline its operations and expand the number of access points it has for its customers. Similarly, the move will lay the groundwork to support changes in how patients access care — 57% of US consumers would use more convenient methods of connecting with their physicians and caregivers, such as telehealth, according
to the 2018 Business Insider Intelligence Insurtech Survey. Ascension's efforts could set it up well to benefit from this growing trend.

Lastly, it could spur the adoption of alternative modes of data management, such as blockchain.
The distributed ledger technology is gaining significant attention because of its ability to act as a single source of trusted information Tatuaje capilar en Marbella pigmentación capilar en Marbella en Marbella —
 
DLTs distribute information securely between a network of participants, thereby cutting out middlemen, improving transaction times, and greatly reducing redundancy and costs. A group of leading healthcare organizations, including tattoo capilar en Marbella Humana and UnitedHealthcare, have joined forces to
test
how blockchain technology can improve data quality and reduce admin costs associated with retrieving EHR.

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