Connect with us

Artificial Intelligence

Meticulous Research®’s Healthcare IT Market Report Mentions, Telehealth Solutions Market to Reach $4.4 Billion by 2027

GlobeNewswire

Published

on

London, April 01, 2020 (GLOBE NEWSWIRE) — According to a new report titled Healthcare IT Market by Product (EMR, mHealth, PHM, RIS, PACS, RCM, Healthcare Analytics, Telehealth, SCM, HIE), Component (Software, Service), Delivery Mode  (Web, Cloud) and End User (Hospital, Payer, Pharmacy, Ambulatory, Homecare)- Global Forecast to 2027”, published by Meticulous Research®, factors such as improving health IT infrastructure, aging population & rising prevalence to chronic diseases, rising awareness about benefits of telemedicine, and favourable government initiatives & reforms/policies are driving the growth of the telehealth solutions market. In addition, importance of self-care, accelerated health costs, and new payment models further supports the growth of this market.Moreover, a shortage of healthcare professionals, penetration of artificial intelligence (AI) in telehealth solutions, availability & utilization of telehealth solutions for emerging applications, and rising use of smartphone by patients & healthcare professional are some of the other key healthcare industry trends supporting the adoption of telehealth solutions across the globe. The global telehealth market (excluding devices and services) is expected to reach $4.4 billion by 2027, growing at a CAGR of 10.2% during the forecast period; whereas, the overall healthcare IT market is projected to grow at a CAGR of 13.8% from 2019 to 2027 to reach $511.06 billion by 2027.Request a Sample Copy of the Healthcare IT Market Research Report: https://www.meticulousresearch.com/request-sample-report/cp_id=5084With the rapid evolution of the healthcare industry, healthcare organizations are leveraging innovative solutions to help and satisfy their patients for urgent care, specialty consults, behavioural health counselling, medication education, post-discharge management, chronic care management, and other service areas. However, owing to the shortage of physicians, healthcare organizations are not able to implement it.Many healthcare organizations are exploring strategies to tackle this challenge by using technology. Among them, one of the key technologies is telehealth. Telehealth is the way of delivering healthcare at a distance, with the help of telecommunications and information technology. It comprises the use of smartphones, emails, two-way video conference calls, and other wireless devices, such as wearable and Wi-Fi-connected biosensors or medical peripheral devices. The telehealth technology not only supports the delivery of healthcare, but also assists healthcare organizations to increase consumer engagement & focus on prevention & chronic care management outside the physician office.Key healthcare industry trends supporting the growth of the overall telehealth marketShortage of Healthcare ProfessionalsThere is a significant shortage of professionals in the healthcare system. A shortage of these professionals means access to quality health care is more difficult to obtain; patients are at more risk of hospital-acquired infections or mistakes/misdiagnosis, and hospitals themselves are at risk of internal organizational failure.According to the Association of American Medical Colleges (AAMC), there will be shortage of at least 94,700 physicians in the U.S. by 2030. The AAMC report also states that physicians between ages 65 and 75 accounts for 11% of the active workforce, and those between ages 55 and 64 make up nearly 26% of the active workforce. As the ratio of healthcare professionals to patients decreases, the use of telehealth systems in patient care will help close the gap and allow professionals to handle appointments with the help of real-time interactions, pre-recorded videos or images, remote patient monitoring (RPM), and mobile health (mHealth) technology. Thus, the shortage of healthcare professionals is driving the growth of the telehealth/telemedicine segment in the overall healthcare IT market.Penetration of Artificial Intelligence (AI) in TelehealthWith rising pressure of clinician shortage and soaring healthcare costs, healthcare providers turned to telehealth solutions. The integration of artificial intelligence in telehealth looks like a match made in healthcare field as both intended at cutting costs and diagnosing illness faster and more accurately. The integration of AI in telehealth will add values in making better diagnosis, recommending accurate treatments, tackling logistical challenges, and prevent physicians’ burnouts. In addition, patient engagement can also be improved by integrating this technology with telehealth.Request a Sample Copy of the Healthcare IT Market Research Report: https://www.meticulousresearch.com/request-sample-report/cp_id=5084Availability & Utilization of Telehealth Solutions for Emerging Applications The adoption and acceptance of telehealth is wide spreading in other applications such as telebehavioral health or telepsychiatry. This is mainly because mental health providers and patients rarely find any difference in care delivery and patient satisfaction using telehealth technology as compared with face-to-face mental health interactions. The e-mental health care may improve the quality of the communications between a mental health provider and his or her patients by reducing the stigma that might occur when a patient physically visits the mental health centre.Rising Use of SmartphoneWith continuous development in healthcare sector and rising awareness among the population, the adoption of telehealth solutions has also gained traction. This technology is primarily used for patients in remote areas or who have difficulty in attending medical consultations. The telehealth solution requires specific equipment with dedicated cameras, screens, and computers along with typical infrastructure for its deployment and use. This will result in making the overall telehealth system expensive and rigid.  However, rising penetration and the use of smartphones among the population will allow health care providers to overcome this challenge and thus allow the simplification of telehealth.To know more about the telehealth market and other key solutions in the healthcare IT market, please visit:Healthcare IT Market by Product (EMR, mHealth, PHM, RIS, PACS, RCM, Healthcare Analytics, Telehealth, SCM, HIE), Component (Software, Service), Delivery Mode (Web, Cloud) and End User (Hospital, Payer, Pharmacy, Ambulatory, Homecare) – Global Forecast to 2027https://www.meticulousresearch.com/product/healthcare-it-market-5084/About Meticulous Research®
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze and present the critical market data with great attention to details.Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
Mr. Khushal Bombe
Meticulous Research®
Direct Lines: +1-646-781-8004 (North America)
+44-203-868-8738 (Europe)
+91 744-7780008 (Asia-Pacific)
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Meticulous Research® Blog: https://meticulousblog.org/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Tempus Launches COVID-19-Specific Clinical and Research Initiatives for Oncology

GlobeNewswire

Published

on

CHICAGO, May 30, 2020 (GLOBE NEWSWIRE) — Tempus, a technology company advancing precision medicine through the practical application of artificial intelligence in healthcare, introduced a series of offerings designed to both advance vital research and support physicians in treating cancer patients, despite the challenges of the COVID-19 pandemic. Tempus is equipping physicians with the tools they need to treat high-risk patients while limiting their exposure to the virus, with mobile phlebotomy services, on-demand virtual case reviews, and COVID-19 PCR diagnostic testing for cancer patients.
“Cancer continues to be among the leading causes of death worldwide, and now more than ever, it is critical that cancer patients continue to receive the care and treatment they need for survival despite the pandemic,” said Eric Lefkofsky, Founder and CEO. “In the last few months, we’ve quickly mobilized to create offerings that ease the burden on physicians treating cancer patients amidst the threat of COVID-19, through a series of services and tests that are badly needed to ensure therapies aren’t disrupted.”COVID-19 PCR Diagnostic Testing
Earlier this month, Tempus launched a diagnostic polymerase chain reaction (PCR) test for COVID-19. Tempus’ CAP-accredited/CLIA-certified labs in Chicago and Atlanta are supporting the acceleration of testing in the U.S., and expect to test approximately 12,000 patients daily across both labs, with the ability to scale further if needed. Tempus makes it seamless for physicians to test their patients for the virus, providing results within 24-48 hours at no cost to the patient as Tempus bills insurance directly.  
Mobile Phlebotomy
Tempus now offers mobile phlebotomy services, which are available to patients who require a blood draw but are too sick or unable to travel to the clinic, or do not have access to an in-office phlebotomist or draw site. Experts are able to perform blood draws in patients’ homes for any Tempus test in which a blood sample is required, at no added cost.
Virtual Case Reviews
Tempus’ on-demand virtual case review system provides clinical support to physicians and care teams in a timely manner when an in-person meeting isn’t possible. Tempus’ Medical Affairs team is available to answer patient report questions in real-time in a secure portal.   In addition, Tempus now offers a variety of tele-health support services specific to COVID-19 if needed.
Research Collaboration
Tempus has launched a large research collaboration to structure data for up to 50,000 COVID-19 positive patients.  As part of the IRB approved study, Tempus is partnering with providers to collect data on COVID-19 patients, which Tempus is structuring and de-identifying without cost.  In addition, Tempus expects to perform full transcriptomic profiling of approximately 10,000 patients within the cohort. All data will be shared with all participating institutions without restriction. 
About Tempus
Tempus is a technology company advancing precision medicine through the practical application of artificial intelligence in healthcare. With one of the world’s largest libraries of clinical and molecular data, and an operating system to make that data accessible and useful, Tempus enables physicians to make real-time, data-driven decisions to deliver personalized patient care and in parallel facilitates discovery, development and delivery of optimal therapeutics. The goal is for each patient to benefit from the treatment of others who came before by providing physicians with tools that learn as the company gathers more data. For more information, visit tempus.com.
Erin Carron
communications@tempus.com

Continue Reading

Artificial Intelligence

Tempus’ TIME Trial™ Program Reaches Critical Scale and Operational Milestones

GlobeNewswire

Published

on

CHICAGO, May 29, 2020 (GLOBE NEWSWIRE) — Tempus, a technology company advancing precision medicine through the practical application of artificial intelligence in healthcare, has reached a milestone in fully enrolling 2,500 oncologists into its Tempus Integrated Molecular Evaluation (TIME) Trial™ Program that seeks to rapidly match patients largely in the community setting to targeted clinical trials. To date, Tempus has signed up over 50 provider networks, over 30 unique biomarker trials, and has rapidly opened sites onto trials in an average of 10 days. Through the TIME Trial™ Program, Tempus is bringing the very best clinical trials to communities across the country, giving thousands of patients access to novel therapeutics.
“We have experience with clinical trial rapid deployment models, however Tempus provides an unparalleled level of commitment and support in aligning all involved parties and streamlining the process, especially given the challenges of the COVID-19 pandemic,” said Dr. Julio Peguero, Director of Research of Oncology Consultants. “We ultimately met our target goal of activating this trial in just two weeks, and hope to do the same for future patients.”Last spring, Tempus launched the TIME Trial™ Program in an effort to increase clinical trial participation by using real-time clinical and molecular data to match patients to trials, and then rapidly open pre-qualified sites once a patient has been identified. Since then, Tempus has built its TIME Trial™ Network, inclusive of some of the country’s top community hospitals and academic medical centers, totaling over 50 research sites and 2,500 oncologists.As of today, the program has 30 pharma-sponsored clinical trials, covering dozens of unique, actionable biomarkers across both solid and hematological malignancies. Every week, Tempus screens thousands of new patients against the criteria of the ultra-rare trials in the TIME Trial™ Network. Thus far, Tempus has matched nearly 1,000 patients to the trials in its portfolio and averaged just under 10 days from patient screened to site activated.“Cutting-edge cancer therapies increasingly target narrower populations of patients, and the clinical trials that study these therapies require equally specific patient populations,” said Amy Franzen, Vice President of Operations and Program Lead. “Tempus is able to use its advanced technology, access to real-time data, and strong operations to get the right patients access to the right therapies, closer to home.”Tempus screens patients from sites in the TIME Trial™ Network against applicable inclusion/exclusion criteria utilizing genomic sequencing data, matched with the patients’ clinical data. Then, Tempus applies its computational algorithm to provide rapid, comprehensive matches to applicable trials that can be brought to the patient. Once a patient has been screened and matched, Tempus provides the patient’s physician with a report that ranks relevant trials. If the physician expresses interest in enrolling his or her patient in a trial, the Site and Sponsor leverage a standard contract, standard rate card, and a central IRB to rapidly open the clinical trial and enroll the patient into the study in under two weeks.For the same reason that precision medicine is now possible due to technological advances such as cost effective genomic sequencing at scale, the maturing of artificial intelligence, and the evolution of cloud technology, it is now possible to run clinical trials more efficiently and based on real-time data. Tempus is increasing the speed of clinical trials and reaching into community settings, where the majority of cancer patients are treated today.About Tempus
Tempus is a technology company advancing precision medicine through the practical application of artificial intelligence in healthcare. With one of the world’s largest libraries of clinical and molecular data, and an operating system to make that data accessible and useful, Tempus enables physicians to make real-time, data-driven decisions to deliver personalized patient care and in parallel facilitates discovery, development and delivery of optimal therapeutics. The goal is for each patient to benefit from the treatment of others who came before by providing physicians with tools that learn as the company gathers more data. For more information, visit tempus.com.

Erin Carron
communications@tempus.com

Continue Reading

Artificial Intelligence

Completely Online Summer Math Camps Offered to Meet Strong Demand from Parents During COVID-19

GlobeNewswire

Published

on

San Diego, May 29, 2020 (GLOBE NEWSWIRE) — Parents looking for a summer camp this year may find that there are limited options due to COVID-19 social distancing guidelines. Art of Problem Solving (AoPS), a leader in math education that has prepared hundreds of thousands of students for some of the most prestigious universities, has transformed its Summer Camp activities online to create a collaborative learning and social space for children in third grade through high school. The Summer Camp activities help students develop problem solving skills through group activities in math and related subjects.Though this is the fourth year that Art of Problem Solving has offered a Summer Camp, this is the first time the organization is offering the camp experience completely online. Activities include learning how to develop cryptographic skills to protect internet security, to a class that integrates math learning as part of a poetry project that concludes with a Poetry Slam. The two-week and four-week sessions start in June and last through the summer.“As a result of the COVID-19 pandemic, many parents are seeking a summer camp experience for their children that conforms to social distancing norms while encouraging learning and collaboration,” said Richard Rusczyk, the founder of Art of Problem Solving, which has offered classes since 2003. “At Art of Problem Solving, we quickly adapted our on-campus Summer Camp experience with our online academic models. Our first-ever online Summer Camp is designed to encourage students to develop problem solving skills in a personalized and collaborative group environment.”The COVID-19 pandemic has created wider public awareness of the relevancy of math and statistics in everyday life. Rusczyk said his organization has seen that interest reflected in demand from more parents and children who see math skills as increasingly important. Also, in response to COVID-19, the company offered for a limited time a free trial to its Beast Academy program that integrates comic-style “beast” characters and exercises, puzzles and games.The Art of Problem Solving began in 1993 with a pair of textbooks for middle and high school math contest participants. Ten years later, Art of Problem Solving launched a website with an online school and full math curriculum designed for high-performing math learners. Every member of the 2015, 2016, 2018, and 2019 U.S. International Math Olympiad teams―each of which took first place in the competition―are Art of Problem Solving alumni who collectively participated in more than 110 Art of Problem Solving Online courses. The Art of Problem Solving is an ACS WASC Accredited School that offers programs online and, prior to COVID-19, at its nationwide campus locations. The organization also works with school districts to integrate their offerings as part of school math lessons.Looking beyond the immediate pandemic, problem solving skills are considered to be essential to the nation’s future workforce. As professions shift toward greater use of automation and artificial intelligence, there is expected to be an increased demand for people who have the ability to identify creative solutions and manage these developments. Critical thinking and problem solving is a top skill identified by National Association of Colleges and Employers.About Art of Problem SolvingArt of Problem Solving has successfully trained hundreds of thousands of motivated students in preparation for success at top-tier colleges and careers. Through rigorous, high-quality K-12 math curriculum, online classes and learning centers, Art of Problem Solving trains today’s brightest minds to solve tomorrow’s challenges. For additional information, visit www.artofproblemsolving.com.Jaclyn Walian
MIG
jwalian@migcom.com

Continue Reading

Trending

Roboticulized is part of PICANTE Media and Events, a leading media and boutique event organizer in the European Union with a monthly reach of +50,000 readers. The official company (PROSHIRT SRL), has been listed for 4 years in a row among the top 3 Advertising and market research agencies in the local Top Business Romania Microcompanies based on the Financial Reports. Roboticulized digests / hand picks the latest news about the AI industry and serves them to you daily.

Contact us: sales@picante.today

Editorial / PR Submissions

© Roboticulized.com 2019 - 2020 - part of PICANTE Media. All rights reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania