MedCity News August 8, 2022
Payers, providers, financial institutions and tech innovators – often known as “frenemies” – need to set aside their old competitive spirit and come together as one team for the healthcare industry to be truly interoperable.
Two of the biggest buzzwords in the healthcare industry these days are “digital transformation” — and for good reason. There’s lots of room for improvement! The patient experience needs to be improved, processes need to be automated, and the cost of administering healthcare needs to be lowered. Digital transformation is a path towards achieving these goals – just like it has been in other industries – but many hospitals, healthcare systems, payers and vendor organizations struggle with where to start on this journey.