Data Revolution in Healthcare and Lifesciences Industry

Delivery of healthcare is critically dependent on access to data, however much of this data resides across many data repositories and organizations, and is often highly protected and private. The Environmental Drivers Restructuring of the Health System (world wide) to meet the demands of ageing populations (major economic impact) Funding agencies driving multi-disciplinary research initiatives and solutions to healthcare priorities and data sharing needs Increasing pace of growth of the scientific knowledge base (e.g. genomics data) increased need for linking data across disciplines Development and application of high-cost medical technologies and need for Cost/benefit analyses (global benchmarking) Declining availability of specialist skills and thus improving productivity through advanced systems becomes a priority Private-sector healthcare providers taking over more routine procedures from Public providers and data access issues How do we answer a Health Query? Identification of t...

E-commerce has become a commonplace practice in our lives today. Many of us have purchased books from Amazon.com, bid on items on e-bay, renewed our HFMA memberships online, or purchased airline tickets at any number of discount travel Web sites, Very lately I bought an Herbal Purgative Online. Frankly we have all probably wondered what we did before the Internet came along to simplify our purchasing experiences. The online health channel continues to proliferate, despite increased scrutiny due to heightened security fears among consumers.One such example is Drugstore.com (Though in India, we have no good examples till date- Thanks to the Rules!) Match 1: In the fourth quarter ended December 28, 2003, drugstore.com achieved EBITDA (earnings before interest, taxes, depreciation and amortization of intangible assets, noncash marketing expense and stock-based compensation) of $556,000, the first such profit in the company's history. About drugstore.com Drugstore.com (www.drugstore....

Process mapping allows you to identify productivity opportunities, best practices, and root causes of problems, create workflow consistency, and determine who owns an action item within the process and who's accountable for it." 1. Identify the critical business opportunity. "If you're going to put 10+ key people in a room all day long, which is what it will take for most mapping exercises, there better be a darn good business reason for doing so--improving your ROI, for example," says Trusten. This step should be taken by the organization's financial leaders. 2. Identify key processes with the greatest influence on that opportunity. This will be either all or some of the key areas of revenue cycle management, such as patient access or charge capture. 3. Create a project team. Trusten recommends that you start by identifying the executive sponsor for the project, often the CFO, who will establish expectations and priorities, coach the team, break do...

From the well known like medindia and doctorndtv.com to the better but less known like goodhealthnyou.com & healthcaremagic....Everybody today is talking about selling Health on the net.How is your website better than mine..? My page rank is better, your Alexa rating is higher... In Business, failure costs so much of money that nearly every satisfied company avoids risk of innovation. I may help you with facts but for creativity you will have to help yourself. Hold one finger first Are you and your website into Health products or, Health content, or, Medical Consultation. Integral to every Web development project is the understanding of elements evolving within e-health. For most of the start up companies in India, business is an exciting time during which they are invigorated by the possibility of success and the fun of tackling new challenges.But where do they make mistakes: 1.Incorporation: While incorporating is an appropriate step for many businesses, it pays to wait until you...