Sunday, July 14, 2013

hc1.com Featured on Sys-Con

<blockquote><a href="http://www.sys-con.com/node/2697468">Health Care Cloud Computing Saves 'Obama Care'</a>
— Interview with CEO Brad Bostic - hc1.com is committed to improving the quality of healthcare while reducing costs.  We believe a critical ingredient to averting the current healthcare crisis faced by the US can only occur by improving the way healthcare professionals across the continuum of care manage and coordinate the relationships between each other and with the patients they serve. 
Brad Bostic: hc1.com is committed to improving the quality of healthcare while reducing costs.  We believe a critical ingredient to averting the current healthcare crisis faced by the US can only occur by improving the way healthcare professionals across the continuum of care manage and coordinate the relationships between each other and with the patients they serve.  When an individual encounters a healthcare setting - whether to proactively have a physical or to be diagnosed and subsequently treated for a given health issue - there are multiple entities and individuals who are involved with the provision of care whether the patient knows it or not.  For example, what is the first thing your primary care physician does when you pay them a visit?  They almost always take a blood draw.  This draw initiates the process of laboratory testing which often occurs within a lab business that is external to your physician's office.  This simple example illustrates the fact that healthcare is comprised of many entities and individuals who must be coordinated in order to provide high quality care, in a timely manner, at a reasonable cost.</blockquote>

Saturday, November 24, 2012

Microsoft and Google Follow Apple, Compete with Partners

When Microsoft and Apple originally started competing to win the operating system battle, Microsoft proved to be the more shrewd competitor. Rather than manufacturing hardware and selling a complete system to consumers, Microsoft made the decision to exclusively distribute its operating system through independent manufacturers of computer hardware. At the same time, Apple famously designed and sold the complete system including both operating system software and hardware.

In an amazing twist of fate, Apple has now created the business model that Microsoft and Google are attempting to emulate. Interestingly, this business model is the same fundamental approach that lead to Apple losing the operating system war for decades. It is this model that Steve Jobs believed in deeply. That the only way to deliver a truly compelling user experience was to control the hardware and the software. The one major addition to the business model originally conceived by Jobs is the availability of apps that are developed by third parties and can be instantly downloaded from the web.

As it turns out, this model results in an incredibly profitable equation.

Although the Android operating system is gaining  far more market share worldwide then Apple's iOS,  in the second quarter of 2012 Apple managed to capture 77% of the mobile device profits with only 6% market share.

Following Apple's lead, Now Google has followed suit by acquiring Motorola Mobility and Microsoft has launched the Surface line of integrated hardware and software devices. This is a shift that nobody would have believed could happen only one year ago.

With the old Microsoft rule that said you should never compete with your partners now out the window, it will be interesting to see how the hardware manufacturers evolve their models to become more differentiated. Although it seems that transitioning from software into hardware can be successful, in my experience it is much more difficult for hardware makers to get into the software business.

Perhaps we gins of former Microsoft loyalists will defect and begin making Android powered hardware. Or maybe Apple will seize the opportunity with Microsoft at its most vulnerable point and align with hardware makers by allowing them to begin distributing its operating system for the first time in company history. Given the lack luster reviews received by the windows 8 operating system my strong suspicion is that many additional changes will soon be sweeping across the operating system and hardware manufacturing markets.

Here is a great post from Computerworld that further in value weights the moves made by Microsoft and Google following Apple's lead.

http://www.computerworld.com/s/article/9233924/The_new_business_model_Competing_with_partners_?taxonomyId=75&pageNumber=1

Thursday, August 4, 2011

Thursday, July 21, 2011

17 Leading EHR Vendors -- InformationWeek

Electronic Health Records are a hot topic in healthcare today. The need for these systems has spawned massive proliferation of competitors in this space - more than 800 in the USA alone according to some studies!

I came across this listing of the "17 Leading EHR Vendors" in Information Week and thought it was worth sharing.

17 Leading EHR Vendors -- InformationWeek: "Electronic Health Records can help healthcare providers in the delivery and management of care to patients, including those with chronic conditions. The systems can also bolster decision making by providing clinicians with more comprehensive patient data, as well as help eliminate medical errors and reduce costs associated with unnecessary or redundant tests."

Sunday, June 26, 2011

Friday, June 24, 2011

Google to Kill Google Health

If we needed any further confirmation that the Personal Health Record, where patients store their own personal health information, has a steep hill to climb before becoming a viable business model, the mighty Google has now signaled that they are getting out of this race altogether according to Modern Healthcare. Apparently the service will be shuttered by January 1, 2012. When a firm with more than $100 billion in cash decides to discontinue investment in a given business model that, on the surface, would appear to have strong long term potential it is worth taking note.

With the PHR model, I believe a major challenge comes from the closed nature of current EHR / EMR (electronic health records) vendors. These vendors each want their own PHR modules to be used by patients eliminating the possibility for a system like Google Health to get widespread automated data input into its patient accounts. Left without that automated information stream, patients have to manually enter the data and the average person does not see the benefit to what would result in a partial picture of the healthcare encounters and associated data at best.

This announcement comes on the heels of a recent article in the Wall Street Journal where new CEO Larry Page talked about cutting unprofitable businesses, eliminating red tape, and getting back to the agile, productive environment that made Google great to begin with.

Here is an excerpt from the WSJ article -
"Some managers believe Mr. Page will eliminate or downgrade projects he doesn't believe are worthwhile, freeing up employees to work on more important initiatives, these people said. One project expected to get less support is Google Health, which lets people store medical records and other health data on Google's servers, said people familiar with the matter."

Thursday, June 23, 2011

Ind. health exchange connects with immunization registry | Modern Healthcare

As a leader in healthcare innovation, Indiana is home to one of the most innovative and most widely adopted health information exchanges in the country - Indiana Health Information Exchange, or IHIE.

IHIE has achieved another major milestone by connecting 1,700+ physicians to information on immunization records of patients.  

"Providers, including 1,700 physicians connected to the Indiana Health Information Exchange, will be able to check on the immunization records of their young and older patients when the Indianapolis-based health information organization connects as planned with the state health department's Children and Hoosiers Immunization Registry Program, or CHIRP."

IHIE is also a Bostech customer and our team is excited about the opportunity to work with a nationally recognized HIE.  IHIE has already achieved many significant goals and many more exciting capabilities are in store for Indiana's healthcare organizations thanks to IHIE's efforts.