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Value-based programs offer incentives to healthcare professionals to provide a high standard of care to Medicare beneficiaries. These initiatives are one component of a comprehensive quality plan designed to change...

Value-based care is a type of compensation that ties payments for patient care to the standard of care delivered, compensating providers for both effectiveness and efficiency. This arrangement thus represents...

The term “patient-reported outcome” (PRO) refers to any recorded statement of a patient’s health condition provided directly by the patient without any interpretation of the patient’s status or response to...

An ambitious, experimental, and ground-breaking initiative in technology is referred to as a “moonshot.” Moonshots usually start off without much promise of immediate benefits or profitability and often without a...

Precision medicine requires an understanding of a patient’s biological traits since it involves customizing treatments to suit the patient’s particular condition. Biotech and medicine are making great strides in this...

The Precision Medicine Initiative (PMI), introduced in 2015, is an innovative research program with the ambitious goal of transforming how we treat illness and promote health. This national initiative encourages...

Wearable Medical Devices refers to any electronic gadget that attaches to clothing or the body. Examples include smartwatches, VR headsets, fitness trackers, smart jewelry, Bluetooth headsets, web-enabled eyewear, and various...

Broadly speaking, telehealth refers to the use of electronic information and communications technology to enable remote access to health evaluation, diagnosis, consultation, intervention, supervision, and education services. Telehealth relies on...

People in healthcare were greatly impacted by the COVID-19 pandemic. It’s been 2 years and the global effect is still being felt due to how tremendously overwhelming the pandemic was....

In the pharmaceutical industry, artificial intelligence (AI) refers to the use of machine learning to perform tasks that formerly required human intellect. AI systems have revolutionized the discovery of new...