5 Health Innovation News Articles of the Week

“Kodak invented the very technology that led to its demise” writes Brian Eastwood in a recent CIO.com article. “There are lessons there for healthcare, where everything from wearables to robot surgeons threaten to disrupt – for the better – the way industry practices medicine.” Take the digital camera for example. It’s 1 billion times better than Kodak’s first product – 1,000 times cheaper, 1,000 times the resolution and 1,000 times the memory points out. The rocket navigation technology that NASA spent millions to develop in the 1960s now costs $4 and resides in your smartphone. Same goes for the GPS technology that, when first introduced in 1981, cost nearly $120,000 and weighed more than 50 pounds. “If you don’t disrupt, someone else will” says Peter Diamandis urging healthcare CIOS’s to embrace “exponential technologies”.

And disruptive it is. This week’s compilation is about health innovation news: smarter scalpels, safer radiation, scaffolds for sinusitis, CIOs of the future and patients of now that shape the tomorrow.

Happy reading!

1. Predicting the role of Healthcare CIOs in 2020

By Brian Eastwood, published on CIO Magazine

In a market as tumultuous as healthcare, there’s little doubt that the role of the CIO will be dramatically different in a few years. The world has changed and so has the healthcare landscape. IT teams have kept busy with EHR implementation but are now faced with endless challenges: the impact of wearable technology, the principle of accountable care, patient engagement, an evolving business model, the ICD-10 conversion, omnipresent security threats and shifting reimbursement models. With so much going on, what will shape the CIO of the future?

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2. Healthcare CIOs Can’t Be Afraid to Innovate

By Brian Eastwood, published on CIO Magazine

“Surf on the tsunami instead of being swept away by it,” says Peter Diamandis, founder of XPRIZE. Organizations that fail to pursue innovation will experience today’s “new Kodak moment,” and will find themselves increasingly irrelevant. Causing “the change” is by no means easy and cannot rely solely on innovation from within. There are a few things CIOs can’t ignore if they want to succeed. Read on to discover what it takes to differentiate.

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3. Google Hangout: Smarter Scalpels, Safer Radiation and Scaffolds for Sinusitis

By Veronica Combs, published on MedCity News

A surgeon entrepreneur has built a scalpel that helps patients heal faster. An oncologist has found a way to make radiation treatment for breast cancer safer. And an entrepreneur is working on a new device to help people living with chronic sinusitis. Join the conversation to see what these innovators have to say.

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4. Top 10 Medical Innovations for 2015 – Casey McDonald

By Casey McDonald, published on PharmaExec Blog

The Cleveland Clinic ended its Medical Innovation Summit with a list of 10 advances voted most likely to have a major impact on improving patient care in 2015. From mobile stroke unit to Dengue Fever Vaccine, the physicians and scientists have voted.

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5. Great Expectations: Why Pharma Companies Can’t Ignore Patient Services

Accenture Research Note: Key findings from a survey of 2,000 patients in the United States

Patients are exerting more influence than ever on their treatment decisions. And while medicines and therapies are essential in delivering an improved health outcome, patients also are clear about needing complementary services to help them better manage their health and individual outcomes.

An Accenture survey found that select patient services are highly valued and yet are severely under-served, under-utilized or nonexistent. On the positive side, those that receive them like them and greatly value them. Those that don’t receive them want to—and expect pharmaceutical companies to provide them either directly or through their healthcare providers.  Further, patients are perfectly happy receiving these services via digital channels or enabled by them, as they are spending multiple hours a day online already.

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