Industry News Update 8/20/21

    August 2021 | Mike Murphy, Director of Business and Industry Analytics

    Industry Trends

    This week's highlights: Telehealth giant Amwell expects fewer telehealth visits through the fall and winter, Imprivata has introduced its digital identity maturity assessment tool, and  U.S. experts are expected to recommend COVID-19 vaccine boosters for all Americans.

    Hand about to bang gavel on sounding block in the court room


    Regulatory, Legislative,
    Legal News


    • U.S. experts are expected to recommend COVID-19 vaccine boosters for all Americans, regardless of age, eight months after they received their second dose of the shot, to ensure lasting protection against the coronavirus as the delta variant spreads across the country.

    • The CMS will require hospitals to attest that they have completed an annual self-assessment of their compliance with the SAFER Guides for EHR safety. The requirement starts with the EHR reporting period in CY 2022.

    • Officials of the Electronic Health Record Association (EHRA) are asking the government to postpone civil monetary penalties for EHR developers and health information networks and exchanges that run afoul of new information-blocking regulations. The group contends that the industry needs to become familiar with the requirements and figure out how to comply with them.

    • The U.S. Chamber of Commerce and an affiliate are suing the HHS to block the enforcement of a regulation that increases insurance plan price transparency, according to court documents. "Provisions of the rule threaten to reduce competition, and ultimately raise costs to consumers, by revealing confidential, commercially sensitive information that competitors currently do not share with each other," the complaint alleges.

    Businessman pressing business type of modern buttons with virtual background


    Investment News



    Telehealth giant Amwell expects fewer telehealth visits through the fall and winter and the company is projecting an $8 million impact on its 2021 revenue as a result of the drop in projected virtual care visits. Amwell adjusted its 2021 revenue guidance to between $252 million and $262 million from the previous range of $260 million to $270 million.

    Tampa General Hospital (FL) and the University of South Florida Health in Tampa are teaming up to create one of the largest academic medical groups in Florida, the Business Observer reported.

    With $250 million to invest, JPMorgan's new healthcare company Morgan Health is zeroing in on areas including data analytics and virtual care as healthcare disruption initiatives, Politico reported.

    Close up image of human hand holding electrical bulb in darkness-1


    New Products



    Non-profit organization Pregnancy After Loss Support launched an app to help couples who are pregnant again after a miscarriage or stillbirth. The Pregnancy After Loss app, developed by Allobee, allows users to create customized pregnancy progress updates, learn coping skills and self-care, and connect with other community members who are pregnant after experiencing a miscarriage.

    Qardio launches QardioDirect, a remote patient monitoring and telemedicine service for patients with chronic conditions.

    Diagnostic developers have quickly stepped up to develop tests capable of detecting delta and other mutations. Among these is Thermo Fisher Scientific, which received a new emergency use authorization from the FDA this week to begin rolling out updated iterations of its mainstay TaqPath molecular tests.

    Imprivata has introduced its digital identity maturity assessment, a new tool that helps healthcare delivery organizations identify critical protections missing from their digital identity strategy.

    businessman hand pointing to padlock on touch screen computer as Internet security online business concept




    U.S. Census Bureau computer servers uninvolved with the 2020 census were exploited last year during a cybersecurity attack, but hackers’ attempts to maintain access to the system were unsuccessful, according to a watchdog report released Wednesday.

    Microsoft said hackers are using Morse code to conduct phishing attacks and evade security detection, according to a Tech Times report. The phishing tactic uses a fake Microsoft 365 login to lure victims.

    Memorial Health System puts its emergency departments in Ohio on diversion and cancels surgeries and radiology exams following a cyberattack early Sunday morning.

    Researchers have identified a voltage glitching attack that shows AMD’s Secure Encrypted Virtualization (SEV) technology may not provide proper protection for confidential data in cloud environments.

    Smartphone with finance and market icons and symbols concept





    The American Board of Telehealth develops a Teleprimary Care Certificate program to help primary care physicians develop telehealth programs using industry best practices.

    Johns Hopkins Medicine clinicians and IT staffers develop a Video Visit Technical Risk Score in Epic to determine which patients might be in need of technical support ahead of their virtual care appointments. The score, automatically calculated using EHR data, can be displayed as part of a user’s schedule view.

    The Network for Regional Healthcare Improvement and the Strategic Health Information Exchange Collaborative will merge to form a new HIE organization called Civitas Networks for Health.

    Kaiser Health Network reviews Apple’s foray into healthcare and questioned whether it will have an impact on patient health amidst the ambiguity and lack of detail about data sharing. To date, rigorous studies showing clear health benefits from monitoring these types of data remain limited.

    Industry News Update CTA



    Subscribe to Our Blog

    Stay up-to-date on Forward Advantage News, Customer Success Stories, Industry Trends and Expert Insights.