Allied Market Research reports that the global healthcare information technology (IT) market size was valued at $250,577.15 million in 2020, and is projected to reach $880,688.75 million by 2030, registering a CAGR of 13.3% from 2021 to 2030.
Data Bridge Market Research reports the market drivers and growth can be attributed to the increase in technological know-how, growing volume of patient data, and demand for quick and efficient healthcare processes and systems will help in driving the growth of the healthcare IT market. Increasing digitization in the healthcare industry and demand for value based care and rising cost of provision of healthcare services coupled with the increasing number of healthcare facilities will likely accelerate the growth of the healthcare IT market in the forecast period of 2020-2027.
Health IT Product News
Lightbeam Health Solutions Launches on the Microsoft Azure Marketplace
Lightbeam Health Solutions, a provider of population health enablement technology and solutions, announces Lightbeam’s debut on Microsoft Azure Marketplace, an online store providing applications and services for use on Azure.
Wolters Kluwer enters nursing test prep market with launch of Lippincott Ready for NCLEX
To help prepare nursing students for real-world practice, Wolters Kluwer Health announces the launch of Lippincott Ready for NCLEX®, a complete test prep solution for the National Council Licensure Examination (NCLEX).
HSG Advisors Releases Healthcare Dashboard Leveraging Proprietary Data to Drive Strategic Growth for Clients
HSG Advisors, a healthcare analytics and advisory consulting firm, announced the release of a new data information and visualization solution, HSG Dashboard. The Dashboard empowers healthcare leaders to uncover new opportunities for strategic growth, improve operational efficiencies, and increase patient retention.
Lindus Health Unveils Versatile “All-in-One Respiratory CRO” Offering Tailored to Respiratory Clinical Trials
Lindus Health, the “anti-CRO” running radically faster, more reliable clinical trials for life science pioneers, has launched an all-in-one package of contract research organization (CRO) services specifically designed for clinical research into respiratory diseases.
John Snow Labs Announces First-Ever Generative AI Lab, Empowering Domain Experts to Train, Tune, and Test AI Models Without Coding
John Snow Labs, the AI for healthcare company, announced the release of its Generative AI Lab, a first-of-its-kind tool that enables healthcare domain experts to train, tune, test, and share models without coding or involving data scientists.
Anatomy IT’s HEALTHIT
Framework Offers Providers Holistic View of IT and Cyber Readiness
Anatomy IT, a platform for healthcare IT and cybersecurity solutions, announced the launch of an innovative new solution to help healthcare, highly regulated organizations, and others looking to improve their IT posture, evaluate their technological efficiency, scalability, security, and overall readiness in an ever-changing landscape of IT threats.
ZoomCare Selects athenahealth to Fuel Growth, Increase Efficiency, Facilitate High-Quality Care, and Improve Patient Experience
athenahealth, a provider of network-enabled software and services for medical groups and health systems nationwide, announced that ZoomCare, an innovative multi-specialty organization and pioneer of on-demand healthcare, selected athenaOne® as its platform of choice to enhance operational efficiencies, better serve patients, and support the ongoing evolution of its business model.
Virtual Healthcare Product News
AvaSure Analytics Portal Launches with National Database of Comparative Provider Data
On the heels of its breakthrough innovation with the AvaSure Episodic solution that allows hospitals to transform their virtual care model, AvaSure, has announced significant enhancements to its industry-leading analytics portal that further advances its AI-powered Intelligent Virtual Care platform.
Allurion Expands Virtual Care Suite to the United States
Allurion Technologies, Inc., a company dedicated to ending obesity, announced the commercial availability of its comprehensive Virtual Care Suite (VCS) in the United States.
AI Product News
All-New AI-Powered EHR Software from Health Information Management Systems Redefines Integrated Health Care
Health Information Management Systems (HiMS) unveiled AxiomEHR, an all-new, AI-powered electronic health record (EHR) solution with a unique architecture that supports data-based decision-making, flexible care coordination, and overall resilience to drive quality-based care.
Ontrak Health Announces the Launch of the Ontrak Advanced Engagement System, Ushering in the Next Era of AI-enabled Behavioral Healthcare
Ontrak Health, an AI-powered and tech-enabled behavioral healthcare company, announced the launch of its Ontrak Advanced Engagement System. This system integrates Augmented Intelligence (AI) with an evidence-based clinical framework to deliver human-centered, personalized member engagement.
Together by Renee, the all-in-one AI health assistant, improves care for aging Americans with the new Together Companion personal chatbot
Together by Renee, an AI-based health assistant, unveiled its latest groundbreaking feature: the Together Companion, the first-ever AI-powered accurate, personal chatbot, which provides conversational, personalized answers and guidance to users based on their care plans, recordings, vitals, medications and much more. The Together Companion helps users stay on track toward following their care plans and achieving better health. The introduction of the Together Companion closely follows the ranking of Together by Renee as No. 10 in the wellness and personal care category on Fast Company’s 2024 Most Innovative Companies list.
Talkdesk Extends AI and Integration Capabilities in Healthcare, Adds Talkdesk Autopilot for Healthcare with New Use Cases and Deeper Integration Support
Talkdesk®, Inc., a global AI-powered contact center leader for enterprises of all sizes, continues to make it faster and easier for organizations to take advantage of generative artificial intelligence (GenAI) to unlock powerful new efficiencies in the contact center. Accelerating its vision of autonomous customer experience (CX) and building on the recent announcement of Talkdesk Autopilot, the company introduced Talkdesk Autopilot for Healthcare, the next generation of its iconic virtual agent specifically developed to handle patient and member use cases. Talkdesk Autopilot for Healthcare was launched today at the Healthcare Information and Management Systems Society (HIMSS) Global Health Conference and Exhibition.
ThinkAndor® AI-first Technology Poised to Reshape Care Delivery with Ambient Nursing and Staff Documentation
Andor Health, the AI company reimagining virtual care, continues to innovate and push the boundaries of how AI can be used to modernize care delivery. ThinkAndor’s groundbreaking AI-first approach is reshaping the landscape of patient care, first with collaboration and observation, and now expanding capabilities to include ambient documentation. Leveraging cutting-edge AI, ThinkAndor® supports an AI-first conversational documentation solution for ambient nursing and staff documentation. This innovative capability simplifies the documentation process while enabling nurses and staff members to focus on patient care, leading to enhanced satisfaction among both patients and staff.
MedeAnalytics Introduces Value-Based Care Administration, an Integrated Analytics and AI-Enabled Contract Management, Payment and Billing Solution at Scale
MedeAnalytics, a healthcare analytics software-as-a-service (SaaS) leader enabling clinical, financial and operational analytics for healthcare providers, payers, payviders, employers, and other key stakeholders in the ecosystem, announced it showcased its newest solution, Value-Based Care Administration, at the 2024 HIMSS Global Conference & Exhibition in Orlando, Florida. This advanced offering, built collaboratively with HSBlox as part of an exclusive partnership, supports healthcare organizations from a contract management perspective wherever they are on their value-based care journey, providing easy management of many-to-many hierarchies between entities in a network (network of networks) while harmonizing and implementing all payment models (including value-based and fee-for-service) with unprecedented ability to scale across the healthcare ecosystem.
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