Maya Uppaluru
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EHRs, IoT, Revenue Cycle Bring Opportunities for Healthcare APIs
Application programming interfaces (APIs) are quickly becoming a critical tool for healthcare organizations looking to build interoperable connections, and it is likely that this new standard for health data exchange will keep growing in importance during the next few years. A new report from Market Research Engine (MRE) predicts healthy growth for the nascent healthcare API ecosystem, forecasting a 4 percent compound annual growth rate (CAGR) that will produce a $234 million market by 2024....
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Interoperability by Design: FDA Issues New Final Guidance for Connected Medical Devices
The FDA is focusing on safety and effectiveness of interconnected medical devices with the issuance of final guidance on medical device interoperability, released last week. As the FDA notes, medical devices are becoming increasingly connected to one another and to other technologies, and it is critical to address their ability to exchange and use information safely and effectively. For device manufacturers, this guidance provides clarity on how the FDA is thinking about interoperability and patient safety in the premarket submission process and provides considerations for manufacturers in the development and design of interoperability medical devices...
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