The Future of Digital Transformation in Hospitals

Ittai Dayan, co-founder & CEO of Rhino Health Hospitals are increasingly motivated to drive digital transformation in order to improve patient outcomes, reduce costs, meet regulatory requirements and stay competitive. Additionally, digital transformation can support medical research and drive innovation in healthcare, as well as generate new revenue streams. An increasingly important tool as hospitals undergo these transformations is federated learning, a technology that we will expand on later. Federated learning is a machine learning approach that enables the collaboration and sharing of data between multiple institutions while preserving patient privacy and security. Going back to the general topic of digital transformation of hospitals, we have seen several trends, some of which have been long-standing and some less so: Adopting electronic health records (EHRs) has already been encouraged by the Health Information Technology for Economic and Clinical Health (HITECH) Act’s ‘Meaningful Use’ clause, and EHRs have been used over the last decade to improve communication and coordination among healthcare providers. Additionally, digitized health records have been used to make patient information more easily accessible, first to meet Health Insurance Portability and Accountability Act (HIPAA) and HITECH mandates, and now, increasingly, to meet the 21st Century Cures Act ‘Final Rule’ […]

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