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Why Electronic Health Record Interoperability is a Key Step Toward Fair Drug Prices

Healthcare IT Today

With recent legislation allowing Medicare to negotiate prices, it’s likely that the movement will grow , given the high and constantly rising costs of pharmaceuticals, especially gene therapies and other innovative or personalized drugs. EHR interoperability will also help empower patients.

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Microsoft, Amazon, Google, IBM, Oracle, and Salesforce issue joint statement for healthcare interoperability

Lloyd Price

Interoperability is an overlapping set of technical and policy challenges, from data access to common data models to information exchange to workflow integration – and these challenges often pose a barrier to healthcare innovation. Microsoft has been engaged for many years on developing best practices for interoperability across industries.

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Frost & Sullivan's Top 10 predictions for healthcare in 2021

Healthcare IT News - Telehealth

Pharmaceutical companies will be collaborating extensively for manufacturing, supply chain requirements, post surveillance studies as well as storage. The patient engagement space will see M&A activity with those vendors with the most intuitive and interoperable user interfaces staying strong.

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Here are the major issues facing healthcare in 2021, according to PwC

Healthcare IT News - Telehealth

” For this report, PwC’s Health Research Institute surveyed 2,511 American consumers, 128 health plan executives, 153 healthcare provider organization executives, and 124 pharmaceutical and life sciences executives in August and September 2020. ” the report read. “Quite a bit, it turns out.

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Health informatics and why participatory healthcare is key to its future

Society for Participatory Medicine

Health Informatics Trend #1: Interoperability. Interoperability is the ability of different information systems, devices, and applications (“systems”) to access, exchange, integrate and cooperatively use data in a coordinated manner, within and across organizational, regional and national boundaries. Here are three of them.

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Wasted: $1 of Every $4 Spent on Health Care In America

Health Populi

Lack of interoperability of data systems is one area that’s improving, slowly. Pricing failure, the second big waste factor, is predominantly challenged by pharmaceutical/prescription drug pricing based on this research. Political debates in this 2020 U.S. patients).

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The Tech Giants are Coming for Healthcare

Lloyd Price

It instantly gives Amazon its own online pharmacy and is another step towards integrating medical supplies and pharmaceuticals into its platform and distribution. They are rounding out this scenario with key executive hires from the healthcare industry with expertise in primary care for Medicare patients.