Blockchain technology allows the distribution of digital information without allowing it to be copied or misused in any other way. The technology was originally designed for Bitcoin, the first digital currency but now its use is spreading into other industries as well. Blockchain has now entered the healthcare arena and it comes with a great…

The boom in technology and mobile devices has led to an explosion of medical apps. Today there are hundreds of health-related apps available for download on androids, iphones, and other digital devices. Some apps strictly offer medical information but others offer consumers tips on diet, nutrition, best exercises for weight loss, healthy eating, the nearest…

                President elect Donald Trump is not even in the white house yet but as a result of his win, stock prices for pharmaceutical and biotech companies increased but hospital and health insurers have seen their stock prices go down.  The healthcare industry showed one of the biggest…

  Recently, the US senate has unanimously passed a bill (97-0) that many proponents agree may significantly improve the delivery of healthcare to people who live in rural America. The Expanding Capacity for Health Outcomes (ECHO) Act was initially developed and introduced by Senators Orin Hatch (R-Utah) and Brian Schatz (D-Hawaii). The bill has garnered…

The ECRI Institute released the list of top 10 health technology hazards for 2017.The goal of identifying these hazards is to provide healthcare facilities the necessary information so that they can implement adequate security and safety measures to deal with these expected threats. As per the list, the top ten technology hazards include: Infusion Errors:…

When a company invests in research and development (R&D) and introduces a breakthrough drug into the market, it has the right to use a pricing strategy that provides them some return for their investment. However, the drug should also have the features and benefits to command such a price and even then, there is a…