A paperless society is an ideal almost every industry strives for, reducing reliance on archives, loss of data, and poor security for sensitive information. The healthcare industry has embraced technology, and the introduction of electronic health records (EHR) has proved to be a worthwhile
The integration of FinOps (Financial Operations) in the healthcare industry is becoming increasingly significant. This emerging practice combines financial oversight with DevOps principles, providing a structured approach to managing and optimizing cloud costs. Given the stringent regulatory
In a significant move to address the long-standing issue of declining physician reimbursements, a bipartisan bill introduced in Congress aims to block the proposed Medicare pay cuts for 2025 while also increasing physician pay. The Medicare Patient Access and Practice Stabilization Act seeks to
In an innovative move to revolutionize healthcare logistics in India, Skye Air and the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PMJAY) have partnered to implement drone-enabled delivery systems. This groundbreaking collaboration specifically targets five AIIMS facilities located in
The healthcare industry is facing significant challenges with the recent proposed rule from the Cybersecurity and Infrastructure Security Agency (CISA). This rule, under the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA), aims to enhance cybersecurity incident reporting
In a significant development within the healthcare sector, Guardian Healthcare has made strides in its ongoing bankruptcy proceedings by finalizing major asset sales and transferring operations of multiple facilities. The Pennsylvania bankruptcy court approved the sale of eight skilled nursing
The healthcare industry is undergoing a significant transformation, driven by the need to reduce high administrative costs and address employee attrition rates. With administrative expenses accounting for approximately 25 percent of the over $4 trillion annual healthcare expenditure in the United
The healthcare supply chain is a critical component of modern medical systems, ensuring the timely and efficient delivery of medical supplies, pharmaceuticals, and equipment. However, this process is fraught with numerous challenges that complicate logistics and operational performance. The unique
UPS has recently announced its acquisition of Frigo-Trans and its sister company BPL, both leading providers of healthcare logistics in Germany. This move will be critical in strengthening its capabilities in temperature-sensitive and time-critical logistics across Europe. This strategic decision
In the throes of an unprecedented global health crisis, hospitals face intense pressure to provide optimal patient care with increasing efficiency. This pressing need has pushed the medical community to embrace innovative solutions, with one standout being the streamlining of hospital operations
