New Report Identifies Four Prevalent Themes in the MedTech Industry
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With more than three decades of experience in the medical services industry, Travis Leonardi serves as chief executive officer of Sentry Data Systems, Inc., in Deerfield Beach, Florida. To better serve his clients, Travis Leonardi tracks healthcare business technology news.
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The rapid increase in population, rising burden of noncommunicable chronic diseases such as diabetes and obesity , care costs skyrocketing, and the global shortage of doctors, nurses, and technicians are leading to an increasing demand for resources to support healthcare. These global challenges will seriously affect the healthcare delivery is the US and around the world. The current technological advancements are leading to the emergence of the so called Health 4.0 revolution. Healthcare 4.0 has the potential to enable new healthcare related processes such as home care and personalized treatments and transform them into services. This paper provides an introduction to the emerging area of Healthcare 4.0 and identify its opportunities, benefits, and challenges. Matthew N. O. Sadiku | Adedamola A. Omotoso | Sarhan M. Musa ""Healthcare 4.0: An Introduction"" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-2 , February 2020, URL: https://www.ijtsrd.com/papers/ijtsrd29791.pdf
Paper Url : https://www.ijtsrd.com/engineering/other/29791/healthcare-40-an-introduction/matthew-n-o-sadiku
Trends in Medical Affairs
From Social Media through to Artificial intelligence...and more. In this presentation I covered the trends that we're currently seeing in Medical Affairs - those trends which are important now, those trends which will impact Medical Affairs in the future, and the skills required to be successful.
To read the LinkedIn article here’s the link: https://www.linkedin.com/pulse/trends-medical-affairs-presented-appa-march-14-2018-glenn-carter/
For further discussion phone us on:
Sydney (02) 8877 8777
Melbourne (03) 9938 7100
Or for additional insights go to one of our specialised websites:
Healthcare Professionals Group
(https://www.hpgconnect.com/)
Health & Aged Care Professionals (https://www.hacpconnect.com/)
Pharmaceutical & Medical Professionals
(https://www.pmpconnect.com/)
Rural & Remote Healthcare Professionals
(https://www.rrhpconnect.com/)
Trends in Medical Affairs
From Social Media through to Artificial intelligence...and more. In this presentation I covered the trends that we're currently seeing in Medical Affairs - those trends which are important now, those trends which will impact Medical Affairs in the future, and the skills required to be successful.
To read the LinkedIn article here’s the link: https://www.linkedin.com/pulse/trends-medical-affairs-presented-appa-march-14-2018-glenn-carter/
For further discussion phone us on:
Sydney (02) 8877 8777
Melbourne (03) 9938 7100
Or for additional insights go to one of our specialised websites:
Healthcare Professionals Group
(https://www.hpgconnect.com/)
Health & Aged Care Professionals (https://www.hacpconnect.com/)
Pharmaceutical & Medical Professionals
(https://www.pmpconnect.com/)
Rural & Remote Healthcare Professionals
(https://www.rrhpconnect.com/)
2014_Healthcare_Marketing_Report_FINAL.pdf
The document discusses trends impacting the healthcare industry and their implications for healthcare marketers. It summarizes that the industry is undergoing unprecedented changes driven by structural challenges, the Affordable Care Act, personalized medicine, and advances in health IT, digital, social and mobile technologies. These changes are impacting drug development, healthcare delivery, and pricing and payment models. The document also discusses trends specifically in pharmaceuticals/biotechnology, diagnostics/personalized medicine, and healthcare IT/analytics and the challenges they pose for healthcare marketers.
Medtech Joining the Digital Party - December 2015
The document discusses how the medical technology (medtech) industry has been slower than other industries and sectors of healthcare to embrace digital transformation. A survey found that only 33% of medtech companies see digital technologies as a major disruptor compared to 57% across all industries. Medtech companies also lag in having a clear digital strategy, properly structured organizations for digital initiatives, and appointing dedicated digital leadership roles. For successful digital transformation, the document recommends medtech companies focus on strategic clarity, appropriate structures, defining ownership of digital efforts, and hiring the right digital talent.
Health tech & endless opportunities
This document discusses concepts related to the global health-tech industry. It provides an overview of key topics including the healthcare and life sciences industry in 2020, technologies and startups disrupting the status quo, a focus on the medical device industry globally and in India, and a concept note on syringe counterfeiting. The document also analyzes funding trends in 2020, highlights major disruptors like telemedicine, and provides snapshots on medical devices and new anti-counterfeiting technologies.
Reasons for the Popularity of Medical Record Theft
After a slew of data breaches in 2014, the FBI warned the healthcare industry that cyber-criminals would be directing more attention their way in 2015. The healthcare industry has become an increasingly valuable target for cyber thieves, and in some cases, a much easier target to attack, due to their often less than adequate investment in cyber security. What is it about the healthcare industry that has captured the cyber criminals' interest in the last few years?
This white paper covers various topics including industry data breach statistics, the value of credit card data versus medical record data, healthcare spending on cyber security and the impact of BYOD on industry vulnerability to data breaches. This white paper also highlights various solutions for protecting medical record data including multi-scanning, email security and the protection of endpoint devices.
Frost and Sullivan - Emergence of Digital Health Portals
Compares the 6 Top Healthcare Portals around the World
1. 1177 Sweden
2. WebMD USA
3. WeDoctor China
4. NHS Choices UK
5. HealthHub Singapore
6. Sundhed Denmark
For more information on the Frost and Sullivan paper, follow the link here.
http://digitalhealth.sg/frostandsullivan-emergence-of-digitalhealth-portals/
Good Foundations: Building Healthcare M&A and Real Estate
Several fundamental shifts have changed the face of healthcare in North America. A new report, “Good Foundations: Building Healthcare M&A and Real Estate,” published in association with Mergermarket, explores the way healthcare companies are increasingly embracing innovative ways to raise capital and fund future projects, including selling real estate assets to third-party capital providers.
CB Insights Q2 2021 Healthcare Report
Global healthcare investment rose for the seventh consecutive quarter to surpass $34.7 billion across nearly 1,600 deals. Digital health startups accounted for 40% of deals and funding. European investment nearly doubled quarter-over-quarter while Asian investment fell for the second quarter. A flood of new entrants pushed early-stage deal share above 50% for the first time since 2019, as over half of global healthcare deals were early-stage.
Digital disruption: What should patient organizations do to stay ahead?
Extended version of a presentation given at Roche's International Experience Exchange for Patient Organizations conference, Athens, 14 - 15 March, 2018. #IEEPO2018
The 10 companies booming in healthcare sector small
Development is a continuous process in any sector. It brings in more comfort, more precision, and more enhanced way of living.Acknowledging the remarkable contribution of the leading companies in the care sector, we bring to you the special issue of “The 10 Companies Booming in Healthcare Sector”.
Telehealth organizationMiatta TeasleyCapella U.docx
Telehealth uses digital technology like computers, tablets, and smartphones to provide remote healthcare services. It allows medical professionals to treat patients from clinics, mobile vans, or remotely. Telehealth organizations utilize telecommunications and digital tools to deliver healthcare, training, medical information, and self-care services. Common telehealth technologies include video conferencing, smartphone apps, electronic consults, and remote patient monitoring. Telehealth has the potential to improve access to care, reduce costs, and enhance coordination and efficiency in healthcare delivery.
Future of Patient Data Berlin - 18 April 2018
The document summarizes insights from expert discussions around the future of patient data. It identifies key challenges such as integrating data from different sources and building trust, as well as opportunities like using data for personalized medicine and artificial intelligence. Emerging issues discussed include concerns over data sovereignty, inequality in access to digital healthcare, and the privatization of health information.
Key Pharmaceutical Industry Trends to Watch by 2025
Gain valuable insights into pharmaceutical industry trends with an analysis of key developments expected to dominate the sector by 2025.
The quest for digital skills
The quest for digital skills is an Economist Intelligence Unit report, sponsored by Cognizant, on the supply and demand of digital skills across four industries: financial services, healthcare, retail and manufacturing.
Development Standards and Regulations for HealthTech
Wearables, surgery robots, wellness platforms, and digital doctors. The new healthcare landscape is bright, full of novelties and breaking ideas. But before entering this market, you should learn the basic regulations and standards for HealthTech products. We gathered all the information for you in our new infographic.
Artificial Intelligence in Healthcare Report
AI is increasingly being used in the healthcare sector to address various challenges. It has applications ranging from early disease detection using medical data mining to aiding drug discovery. While major technology companies like IBM, Google, and Microsoft are actively working on developing AI solutions for healthcare, there are also numerous startups in this space. However, adoption of AI in healthcare is still at an early stage due to challenges like lack of digitization of patient records in some regions and fears around job losses. As more data becomes available and technologies advance, AI is expected to play a transformative role in improving healthcare outcomes and efficiency.
Hot Topics in Privacy and Security
PYA Principal Barry Mathis presented “Hot Topics in Privacy and Security,” at the Florida Hospital Association's 14th Annual Health Care Corporate Compliance Education Retreat.
The presentation explored:
• Changes in the privacy and security ecosystem.
• Emerging technology risks and hot topics.
• What happens to hacked data.
• How to best protect data.
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The 340B Drug Pricing Program
A healthcare business technology leader in Lighthouse Point, Florida, Travis Leonardi serves as CEO of Sentry Data Systems in nearby Deerfield Beach. One of Travis Leonardi’s areas of expertise is 340B compliance.
Under the management of the Health Resources and Services Administration, the 340B Drug Pricing Program has been helping hospitals cover the costs of essential medical care and outpatient prescription drugs for patients from low-income populations for roughly three decades. The program’s provisions extend to free vaccines and medication management services. It also funds community health programs.
The 340B Drug Pricing Program operates under the stipulations of Section 340B of the Public Health Service Act, which requires pharmaceutical manufacturers that participate in the federal Medicaid program to sell prescription drugs at discounted prices to healthcare groups that work with patients who are uninsured or otherwise in financial need. In addition to hospitals and community health centers, the 340B Drug Pricing Program works with organizations that range from hemophilia treatment centers to rural referral centers.
Healthcare Intelligence Solutions through Datanex
Travis Leonardi is an experienced pharmacist and founder/CEO of Sentry Data Systems Inc. He developed several applications into a single platform called Datanex, which is a comprehensive healthcare data infrastructure focused on cloud computing. Datanex transports data securely worldwide and allows organizations to avoid infrastructure challenges through its economical and interoperable technology.
Integrated Delivery Network and its Role in the Healthcare System
A graduate of pharmacy from St. Johns University, New York, Travis Leonardi is the CEO of Sentry Data System, Inc. In this role, Travis Leonardi has successfully managed the whole operations of the company. Many clinics, hospitals, pharmacies, and integrated delivery networks all over the country rely on Sentry’s unique data sets for their procurement, analytics, compliance solution, and drug utilization.
Sentry Data Sytems and 340B compliance
Sentry Data Systems is a technology company founded in 2003 by Travis Leonardi that uses analytics to help over 11,000 healthcare organizations meet safety net obligations. The company provides automated pharmacy tools and helps clients comply with the 340B drug pricing program, which allows discounts on outpatient drugs for eligible healthcare sites. Sentry assists with 340B program requirements set by the Health Resources and Services Administration such as maintaining accurate records, audit preparation, and ensuring no duplicate discounts or diversion of drugs to ineligible patients.
ASCP Commends CMS Decision on Medicare's Six Protected Classes
The American Society of Consultant Pharmacists (ASCP) commended the Centers for Medicare and Medicaid Services' (CMS) decision not to revise Medicare's Six Protected Classes policy. The policy ensures that Medicare patients can access needed treatments. ASCP joined over 20 patient advocacy organizations in advocating for this position. However, ASCP was disappointed that CMS did not reform direct and indirect remuneration fees, which can still unfairly increase medication costs for seniors through a loophole.
ASHP Holds the National Pharmacy Preceptors Conference
The American Society of Health System Pharmacists (ASHP) will hold their National Pharmacy Preceptors Conference in Dallas, Texas in October. The three-day conference aims to provide tools and knowledge to improve pharmacy teaching skills. It will feature accreditation workshops and networking opportunities for pharmacy practitioners. Participants can receive feedback on program materials they bring.
Sentry Data Systems Expands Services Offered to Medical Providers
Travis Leonardi serves as the CEO of Sentry Data Systems, a technology firm that focuses on helping medical providers reduce their costs while enhancing patient care. Since founding the company in 2003, Travis Leonardi has driven the firm's growth by increasing adoption of its software to thousands of hospitals across the country.
Sentry Data Systems Receives Patent For Cost Saving Medical Technology
Sentry Data Systems, a Florida-based healthcare technology company founded by Travis Leonardi, has received a patent for its Care Improvement and Cost Reduction Analytics Methodology. This program uses evidence-based algorithms to reduce costs and enhance patient outcomes by consolidating information from various sources and filtering it through statistical models. This allows administrators and medical professionals to make more informed early treatment decisions. The technology also provides analytics to help with supplier negotiations and accurate accounting for patients with different payment arrangements.
Continuing Education with the ASHP
Travis Leonardi has led Sentry Data Systems, Inc., in Deerfield Beach, Florida, as chief executive officer since 2003. In addition to driving daily operations and long-term strategy at Sentry Data Systems, Travis Leonardi spends time as a member of several professional organizations, including the American Society for Health Professionals.
Consumers Spend Record Amount on Specialty Drugs in 2014
Travis Leonardi founded Sentry Data Systems, Inc., in 2005. The company specializes in building technology solutions for various facets of pharmacy, such as finance and compliance. Prior to starting Sentry Data Systems, Travis Leonardi studied pharmacy and graduated from St. John's University.
Pharmacists Gain Recognition as Providers under S. 314
S. 314 updates Medicare Part B to include pharmacists as providers, allowing them to be reimbursed through the physician fee schedule for services. This expands access to pharmaceutical care in underserved communities. The bill received bipartisan support from senators and complements H.R. 592, which extends disaster relief to nonprofit organizations.
What to Expect During an HRSA 340B Audit
Travis Leonardi has over a decade of experience in healthcare, pharmaceuticals, and information technology. He has knowledge of pharmaceutical auditing processes, including those that apply to the Health Resources and Services Administration 340B Drug Pricing Program, which allows eligible healthcare organizations to purchase drugs at reduced prices to provide comprehensive care to underserved patients. Organizations must register for the 340B program and undergo regular audits to ensure compliance with guidelines regarding duplicate discounts, prohibitions, and group purchasing. The audits involve reviewing documentation, operations, and drug transaction records and result in a report drafted by the Office of Pharmacy Affairs detailing any necessary corrective actions.
Audits of the 340B Drug Pricing Program Expected to Increase in 2015
Travis Leonardi and his company, Sentry Data Systems Inc., develop software to help healthcare providers with 340B compliance and audit preparation. The Health Resources and Services Administration did not begin auditing the 340B Drug Pricing Program until 2012, initially focusing on education over penalties, but now auditors are imposing major penalties for violations. The number of 340B audits has increased yearly, and the director of HRSA's Office of Pharmacy Affairs expects the number to double in fiscal year 2015 due to increased funding.
Travis Leonardi: Sentry Data Partnered with Company to Assist Hospitals with ...
Travis Leonardi leads Sentry Data Systems which produces healthcare IT systems like Sentinel RCM and Sentrex that help clients comply with the 340B Drug Pricing Program. Omnicell integrated Sentry's Sentinel RCM into its WorkflowRX 7.0 software to help clients with 340B program compliance as well as inventory management and financial reconciliation. Both companies were pleased with this arrangement to better serve 340B providers and their patients.
ASCP 2015 Senior Care Continuing Education Conference
A Florida executive, Travis Leonardi founded Sentry Data Systems, Inc., in 2003. As a professional impacting the future of pharmaceutical practices, Travis Leonardi maintains membership with the American Society of Consultant Pharmacists to stay current on industry practices.
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ASCP Commends CMS Decision on Medicare's Six Protected Classes
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Sentry Data Systems Expands Services Offered to Medical Providers
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Pharmacists Gain Recognition as Providers under S. 314
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Audits of the 340B Drug Pricing Program Expected to Increase in 2015
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Esta publicação só está disponível em inglês até o momento.
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- 1. New Report Identifies Four Prevalent Themes in the MedTech Industry Travis Leonardi
- 2. With more than three decades of experience in the medical services industry, Travis Leonardi serves as chief executive officer of Sentry Data Systems, Inc., in Deerfield Beach, Florida. To better serve his clients, Travis Leonardi tracks healthcare business technology news.
- 3. In April 2019, Research and Markets, the world's largest searchable database of market research resources, published a report titled “Global Medical Technologies Industry Predictions 2019-2024.” The report predicts four themes will develop over the next five years as the result of current growth opportunities in the medical technology industry.
- 4. The first theme is patient centricity, or the designing of services or solutions around the patient. The report says that 45 percent of start-ups and 25 percent of top companies are exploring proactive patient care and gaps in care offered within the industry. A second theme is tech convergence, with increased spending on emerging technologies such as augmented reality (AR), virtual reality (VR), and artificial intelligence (AI).
- 5. Third, data monetization has paved the way for risk-sharing models and data-driven commercialization using the culture of self-tracking with technology to drive medical technology (MedTech) strategies. The fourth theme outlined in the report is nontraditional (NT) entrants, which suggests original equipment manufacturers will take a closer look at participants in healthcare and MedTech to develop new opportunities.