How COVID-19 Accelerated the Transformation of the Healthcare Supply Chain
COVID-19 has been relentless for healthcare supply chain teams. A never-ending series of shocks have resulted in rising costs (the average ICU’s medical supplies increased in cost by 31.5% since 2019[i]) and decreasing fill rates (healthcare fill rates are resting at around 82%[ii]; the average hospital dealing with 800 to 1,000 backorders per day[iii]). These and other acute supply chain challenges make hospitals more dangerous places to receive care.[iv]
Leading Healthcare and Blockchain Investors Join Hashed Health Effort to Accelerate Digital Transformation
The White House Plan for Efficient, Resilient Healthcare Supply Chains
EO 14017 instructed the US government to comprehensively review critical US supply chains to identify risks, address vulnerabilities, and develop resilience strategies. The report was released in June after an analysis that extended across the FDA, HHS, and a dozen other federal agencies.
Hashed Health Themes for 2021
2021 will see a maturation of many of the novel solutions introduced in 2020. As a result of the pandemic, the ways we communicate, the ways we move and manage data, the ways we transfer money and the ways we invest will ultimately become a lot smarter as we fuse old and new ways of doing business.
HFMA Article – Distributed credentialing: The new provider mobility imperative
Validating the identity and credentials of healthcare practitioners poses significant revenue cycle, recruiting, physician relations and access challenges for all healthcare organizations.
The Shift to Systems of Collaboration
Our healthcare system is at an inflection point. The optimistic perspective is that it now seems more likely that the industry can come together to address many longstanding challenges that have traditionally limited our ability to deliver care in more efficient, effective ways. To succeed, innovators and enterprises need to shift from scaling up systems of record for enterprises to creating systems of shared record for collaborative networks. This transition represents the greatest healthcare opportunity in a generation.
Meetups to Startups: Hashed Health’s Evolution to a Healthcare Venture Studio
At Hashed Health, our mission has always been to produce solutions that solve the most challenging problems in healthcare. We believe that the most impactful solutions over the next ten years are those that promote collaboration and shared value, which is why we have a specific focus on blockchain and distributed ledger technologies.
Remote Work During COVID-19. Successfully Transitioning to a Virtual Office
Before coronavirus, virtualization was trendy. A Global Workplace Analytics survey reports that remote work has grown by 159% over the last 12 years. The early adopters who moved to remote work reported improvements in productivity, employee retention, diversity, talent access, opex, and work-life balance.
COVID-19: HHS Announcement Sets Stage for Innovation and New Business Models
On Wednesday this week Vice President Pence announced that HHS is issuing a regulation to permit doctors to practice across state lines.
Professional Credentials Exchange Completes $3.5 Million Initial Capital Raise
Tampa, FL— March 5, 2020 – Tampa-based Professional Credentials Exchange LLC (“ProCredEx”) announced today that it has completed its initial seed capital raise. The round, led by Spectrum Health Ventures, brings together a consortium of strategic investors committed to creating a solution that simplifies the work involved in healthcare practitioner credentialing and reducing the time and effort involved to initially onboard and retain healthcare practitioners.