Kalorama Information: EHR Industry Anticipates Innovations from Entry of Google, Microsoft, Amazon
ROCKVILLE, Md., June 14, 2018 /PRNewswire/ — Hundreds of patents, a secret project with a number for a name, machine learning to prevent heart attacks. Even high-tech spoons for patients. These are among the developments big tech companies are bringing to healthcare. And according to a new report from Kalorama Information, it’s the steps taken by the U.S. government and the success of hundreds of companies selling electronic health records software to U.S. hospitals that has established a meaningful infrastructure for technology companies to follow. The market researcher said that as of 2017, approximately 97% of US non-federal acute care hospitals had a certified EHR and approximately 84% US Hospitals had adopted a basic EHR system. This according to the firm’s report EMR 2018.
“The EMR efforts have moved hospitals from paper to digital records,” said Bruce Carlson, whose Kalorama Information has covered electronic medical records since 2007. “The next step is for tech giants to glean the data and improve upon that infrastructure. We’ll be talking about EHR in different ways in the next ten years.”
Kalorama notes that these three companies have filed more than 300 healthcare patents between 2013-2017 including:
- Google with 186 patents mainly focused on investments for DeepMind, its artificial intelligence and Verily, its healthcare and disease research entity.
- Apple has filed 54 patents to turn its iPhone into a medical device that can monitor biometric data such as blood pressure and body fat levels and to develop algorithms to predict abnormal heart rates.
- Microsoft filed 73 patents based on expanding its AI capabilities and developing monitoring devices for chronic diseases.
- These tech advancements have encouraged biopharma, medtech and providers to establish partnerships with these tech giants to advance digital healthcare.
Although Amazon has not officially announced details, industry rumblings indicate that Amazon has been working with a secret project team that is exploring platforms for EMR data, health apps and telemedicine. This secret team is known as 1492 and is working on extracting data from EMRs to make it more useful to healthcare providers. Reportedly, the team is also working on building a telemedicine arm, using technology to make virtual doctor/patient consultations a reality. Recently, the team is extending its existing Amazon products such as Amazon Echo and the Dash Wand to fold into the healthcare setting. Additionally, in May 2017, Amazon was considering entering the pharmaceutical industry selling and delivering drugs. Of course, Amazon is strong in the e-commerce supply chains which will be an asset to the company in entering the healthcare arena. As of April 2018, Amazon announced it is abandoning its pursuit of selling pharmaceuticals, but it expressed continued interest in selling medical products.
Microsoft has a number of projects that are or will impact the digital health arena including:
- Microsoft Genomics – Microsoft’s Azure provides researchers and clinicians with highly accelerated, cloud-powered genomic processing services
- Microsoft Azure Security and Compliance Blueprint: HIPAA/HITRUST – Health Data & AI – Microsoft’s availability of an end-to-end application development foundation to help health organizations move to the cloud efficiently and safely.
- Microsoft’s Intelligent Network – Microsoft is expanding its Microsoft Intelligent Network for Eyecare, now AI Network for Healthcare, to create an AI-focused network in cardiology.
- Microsoft 365 Huddle Solution Templates- Microsoft’s solution so that health teams can benefit from collaboration tools to drive quality and care outcomes.
- Project InnerEye – This will feature new integration with TeraRecon and Intuitive Surgical
- Project Empower MD – This is a research collaboration that will create a system that listens and learns what doctors say and do in situations.
Google is involved in myriad health projects – such as Liftware Level, a spoon that allows someone with movement restriction to feed themselves. It has also designed glucose monitoring contact lens for diabetics, wrist computers that read diagnostic nanoparticles injected into the bloodstream, implantable devices that modify electrical signals and medication robots. Google DeepMind is another initiative by Google that uses mobile technology to send alerts to clinicians whenever a patient’s condition deteriorates. In addition, Google is encouraging health, fitness apps and devices through its Android operating system.
Kalorama’s report EMR 2018 covers the developments in EHR from these companies as well as Facebook, Apple and others. The report is available at: https://www.kaloramainformation.com/updates/EMR-Market.
About Kalorama Information
Kalorama Information, a division of MarketResearch.com, supplies the latest in independent medical market research in diagnostics, biotech, pharmaceuticals, medical devices and healthcare; as well as a full range of custom research services. Reports can be purchased through Kalorama’s website and are also available on www.marketresearch.com and www.profound.com.
We routinely assist the media with healthcare topics. Follow us on Twitter, LinkedIn and our blog on our company website: https://www.kaloramainformation.com/.
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SOURCE Kalorama Information