Are digital health solutions worth it? Although they’re expected to reduce costs, many health executives have not yet seen a return on investment. Read more here: https://lnkd.in/dh_JmG2C
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Chief Medical Officer, Virtual Care and Digital Health, Providence, Head of Content, MedPearl, Practicing Family Physician; Community Volunteer
No finance gymnastics = ROI for digitally enabled medical care. Return comes only if care is made measurably and rigorously better— from the perspective of the human being needing care and the clinician. No finance gymnastics— just results. #MedPearl 2024
Interesting study conducted by EY shows that while 86% of health executives say that digital health solutions have the potential to reduce costs, 70% said they haven’t seen a return on investment so far. https://lnkd.in/gZ5MpCbE
EY: Health Executives Are Implementing Digital Health, But Aren’t Seeing ROI Yet - MedCity News
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This is exactly the conversation we have with our clients at MDisrupt - how will they show the ROI to health systems, payers, employers and other channels? Luckily we have over 2000 experts that can help them.
Interesting study conducted by EY shows that while 86% of health executives say that digital health solutions have the potential to reduce costs, 70% said they haven’t seen a return on investment so far. https://lnkd.in/gZ5MpCbE
EY: Health Executives Are Implementing Digital Health, But Aren’t Seeing ROI Yet - MedCity News
https://medcitynews.com
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Managing Director & COO @ Founda Health | Healthcare Innovation & Interoperability | Strategy & Execution
"W𝘩𝘪𝘭𝘦 86% 𝘰𝘧 𝘩𝘦𝘢𝘭𝘵𝘩 𝘦𝘹𝘦𝘤𝘶𝘵𝘪𝘷𝘦𝘴 𝘴𝘢𝘺 𝘵𝘩𝘢𝘵 𝘥𝘪𝘨𝘪𝘵𝘢𝘭 𝘩𝘦𝘢𝘭𝘵𝘩 𝘴𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘴 𝘩𝘢𝘷𝘦 𝘵𝘩𝘦 𝘱𝘰𝘵𝘦𝘯𝘵𝘪𝘢𝘭 𝘵𝘰 𝘳𝘦𝘥𝘶𝘤𝘦 𝘤𝘰𝘴𝘵𝘴, 70% 𝘴𝘢𝘪𝘥 𝘵𝘩𝘦𝘺 𝘩𝘢𝘷𝘦𝘯’𝘵 𝘴𝘦𝘦𝘯 𝘢 𝘳𝘦𝘵𝘶𝘳𝘯 𝘰𝘯 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 𝘴𝘰 𝘧𝘢𝘳." The future of health is undeniably digital. We all know that. Still, like many aspects of healthcare, realizing a financial return on investment can take time. Let's at least implement 𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗲𝗱 𝗮𝗻𝗱 𝗶𝗻𝘁𝗲𝗿𝗼𝗽𝗲𝗿𝗮𝗯𝗹𝗲 digital health, instead of all these standalone solutions. This will speed up the process to achieving a positive financial ROI. https://lnkd.in/ey-fAw77
EY: Health Executives Are Implementing Digital Health, But Aren’t Seeing ROI Yet - MedCity News
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Dwindling resources and rising rates of #ChronicDisease place a growing burden on health care. BCG experts explain how to use #digital and #data to enable equitable access going forward. 💻 Check out our recent publication on Digital Health Care Transformation! #BCGonPublicSector
BCG-WEF Project: Digital Health Care Transformation
bcg.com
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EY: Health Executives Are Implementing Digital Health, But Aren’t Seeing ROI Yet – MedCity News - MedCity News #EY: Health Executives Are Implementing Digital Health, But Aren’t Seeing ROI Yet #Summary: Healthcare executives are increasingly adopting digital health technologies, but many are not yet experiencing a return on investment (ROI). According to a report by EY, while 87% of executives have implemented digital health solutions, only 14% have seen a positive ROI. This indicates a gap between implementation and realizing the benefits of digital health. The report highlights several challenges that contribute to this gap, including interoperability issues, data security concerns, and resistance to change. However, there are strategies that can help healthcare organizations overcome these challenges and start realizing the potential ROI of digital health. #Introduction: Healthcare executives have embraced digital health technologies ai.mediformatica.com #health #healthcare #medcity #news #digital #benefits #digitalhealth #survey #healthtech #investment #returnoninvestment #covid #healthit #healthcaretechnology @MediFormatica (https://buff.ly/3T4f2Xr)
EY: Health Executives Are Implementing Digital Health, But Aren’t Seeing ROI Yet - MedCity News
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WHO publishes the second edition of the Classification of digital interventions, services and applications in health #digitalhealth #healthtech #healthIT https://lnkd.in/eFNf_Tgb
WHO publishes the second edition of the Classification of digital interventions, services and applications in health
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Head of Health Insurance Advisory with Ipsos Healthcare | Expert Advisor with HealthNews | Strategist | Trusted Advisor
As we look back on the spend trends for digital health in 2023, it is clear the spending boost from the pandemic is long gone. However, while spending is down, companies focused on managing chronic conditions continue to stay the course. Why - because they fill a need in the healthcare ecosystem. Employers and health plans are looking to manage costs by improving member/employee health and are looking for cost-effective solutions. See my webinar detailing the challenges employers/health plans are looking to solve for with support from digital health companies. And please reach out if you are looking for how to better position your digital solution to cut through the market and differentiate when talking to health plans and employers. https://lnkd.in/gcpAqaJ4 #digitalhealth #chronicconditions #healthcare Sara Martin Chinaza E. Alex Kassan Chareen Lim (Yoon) Bob Rava
Tips for launching digital solutions for chronic conditions
ipsos.com
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