# Business Outcomes * **Definition:** The results or impacts of business activities in healthcare, often measured in terms of profitability, efficiency, effectiveness, and patient satisfaction. * **Taxonomy:** CTO Topics / Business Outcomes ## News * Selected news on the topic of **Business Outcomes**, for healthcare technology leaders * 18.7K news items are in the system for this topic * Posts have been filtered for tech and healthcare-related keywords | Date | Title | Source | | --- | --- | --- | | 5/8/2025 | [**The Role of CTOs in Driving Revenue and Business Outcomes - Medium**](https://medium.com/@mala.munisamy_33259/the-role-of-ctos-in-driving-revenue-and-business-outcomes-40d9a23146ef) | [[Medium]] | | 5/7/2025 | [**19 Ways To Measure The ROI Of Your AI Initiatives**](https://www.forbes.com/councils/forbesbusinesscouncil/2025/05/07/19-ways-to-measure-the-roi-of-your-ai-initiatives/) | [[Forbes]] | | 4/29/2025 | [**Revolutionizing Healthcare with Next-Gen Custom HealthTech Solutions - LinkedIn**](https://www.linkedin.com/pulse/revolutionizing-healthcare-next-gen-custom-vhm7c) | [[Linkedin]] | | 4/3/2025 | [**Unlocking business benefits with sustainable IT infrastructure - Computer Weekly**](https://www.computerweekly.com/opinion/Unlocking-business-benefits-with-sustainable-IT-infrastructure) | [[Computer Weekly]] | | 3/31/2025 | [**Cotiviti Completes Acquisition of Edifecs - Yahoo Finance**](https://finance.yahoo.com/news/cotiviti-completes-acquisition-edifecs-120000202.html) | [[Yahoo Finance]] | | 3/31/2025 | [**Actable Unveils the Intelligence Factory: A Breakthrough in Customer Intelligence for ... - PRWeb**](https://www.prweb.com/releases/actable-unveils-the-intelligence-factory-a-breakthrough-in-customer-intelligence-for-measurable-business-outcomes-302413957.html) | [[PRWeb]] | | 3/13/2025 | [**Santosh Bhupathi Honored as Most Innovative Database Engineer of the Year 2025 at ...**](https://finance.yahoo.com/news/santosh-bhupathi-honored-most-innovative-072500778.html) | [[Yahoo Finance]] | | 2/27/2025 | [**Quinnox AI (QAI) Studio: Accelerating Enterprise AI Innovation - Yahoo Finance**](https://finance.yahoo.com/news/quinnox-ai-qai-studio-accelerating-163000017.html) | [[Yahoo Finance]] | | 2/27/2025 | [**US companies drop diversity policies after Trump's order - Reuters**](https://www.reuters.com/world/us/factbox-us-companies-drop-diversity-policies-after-trumps-order-2025-02-27/) | [[Reuters]] | | 2/24/2025 | [**Jelvix Named Among the Top 100 Healthcare Tech Companies**](https://www.healthcaredive.com/press-release/20250221-jelvix-named-among-the-top-100-healthcare-tech-companies/) | [[Healthcare Dive]] | | 1/24/2025 | [**Intuitive.Cloud Achieves Premier Tier Status within the Amazon Web Services Partner Network**](https://www.businesswire.com/news/home/20250121235912/en/Intuitive.Cloud-Achieves-Premier-Tier-Status-within-the-Amazon-Web-Services-Partner-Network) | [[Business Wire]] | | 1/24/2025 | [**GRC Platform Market to Grow by USD 44.2 Billion (2025-2029), Driven by Need for ... - PR Newswire**](https://www.prnewswire.com/news-releases/grc-platform-market-to-grow-by-usd-44-2-billion-2025-2029-driven-by-need-for-regulatory-compliance-report-on-ais-impact-on-market-trends---technavio-302358604.html) | [[PR Newswire]] | | 12/17/2024 | [**AI Trends 2025 Report Published: Deepfake Threats, Incoming AI Regulations, and ... - PR Newswire**](https://www.prnewswire.com/apac/news-releases/ai-trends-2025-report-published-deepfake-threats-incoming-ai-regulations-and-exponential-ai-adoption-among-top-trends-to-prepare-for-says-info-tech-research-group-302334328.html) | [[PR Newswire]] | | 12/7/2024 | [**zeb wins AWS Rising Star Partner of the Year - Consulting Award**](https://www.prnewswire.com/news-releases/zeb-wins-aws-rising-star-partner-of-the-year--consulting-award-302324773.html) | [[PR Newswire]] | | 12/3/2024 | [**Cotiviti Welcomes Seasoned Technology Executive Suvajit Gupta as Chief Technology Officer**](https://www.businesswire.com/news/home/20241203139499/en/Cotiviti-Welcomes-Seasoned-Technology-Executive-Suvajit-Gupta-as-Chief-Technology-Officer) | [[Business Wire]] | | 12/3/2024 | [**New Level Work Expands its AI Leadership Solution With the Addition of a Skills Training Mode That Allows Unlimited Access to a Library of Leadership Development Courses**](http://www.businesswire.com/news/home/20241203303197/en/New-Level-Work-Expands-its-AI-Leadership-Solution-With-the-Addition-of-a-Skills-Training-Mode-That-Allows-Unlimited-Access-to-a-Library-of-Leadership-Development-Courses/?feedref=JjAwJuNHiystnCoBq_hl-Q-tiwWZwkcswR1UZtV7eGe24xL9TZOyQUMS3J72mJlQ7fxFuNFTHSunhvli30RlBNXya2izy9YOgHlBiZQk2LOzmn6JePCpHPCiYGaEx4DL1Rq8pNwkf3AarimpDzQGuQ==) | [[Business Wire]] | | 12/3/2024 | [**Cotiviti Welcomes Seasoned Technology Executive Suvajit Gupta as Chief Technology Officer**](https://www.businesswire.com/news/beverlyhillschamber/20241203139499/en/Cotiviti-Welcomes-Seasoned-Technology-Executive-Suvajit-Gupta-as-Chief-Technology-Officer) | [[Business Wire]] | | 11/14/2024 | [**Skillsoft's New IT Skills & Salary Report Highlights Trends Impacting Technology Careers, Investments, and Talent Strategies for 2025**](http://www.businesswire.com/news/home/20241113929992/en/Skillsofts-New-IT-Skills-Salary-Report-Highlights-Trends-Impacting-Technology-Careers-Investments-and-Talent-Strategies-for-2025/?feedref=JjAwJuNHiystnCoBq_hl-Q-tiwWZwkcswR1UZtV7eGe24xL9TZOyQUMS3J72mJlQ7fxFuNFTHSunhvli30RlBNXya2izy9YOgHlBiZQk2LOzmn6JePCpHPCiYGaEx4DL1Rq8pNwkf3AarimpDzQGuQ==) | [[Business Wire]] | | 11/14/2024 | [**Skillsoft's New IT Skills & Salary Report Highlights Trends Impacting Technology Careers ...**](https://finance.yahoo.com/news/skillsofts-skills-salary-report-highlights-130000131.html) | [[Yahoo Finance]] | | 9/19/2024 | [**Gartner for Technical Professionals**](https://www.gartner.com/en/chief-information-officer/products/gartner-for-technical-professionals) | gartner.com | | 9/16/2024 | [**Patient Engagement Tech Market to Grow by USD 37.4 Billion (2024-2028) with Chronic Disease Rise, AI's Influence on Market Trends - Technavio Report**](https://finance.yahoo.com/news/patient-engagement-tech-market-grow-212000314.html) | [[Yahoo Finance]] | | 9/9/2024 | [**Mastering innovation: Strategies for smart tech investment and sustainable growth**](https://etedge-insights.com/technology/mastering-innovation-strategies-for-smart-tech-investment-and-sustainable-growth/) | etedge-insights.com | | 8/28/2024 | [**Microsoft Corporation (MSFT) Deutsche Bank's 2024 Technology Conference (Transcript)**](https://seekingalpha.com/article/4717730-microsoft-corporation-msft-deutsche-banks-2024-technology-conference-transcript) | [[Seeking Alpha]] | | 7/27/2024 | [**Converge Taps Ribbon to Deploy Cutting-edge Optical Networking Technology**](https://telecomreseller.com/2024/07/26/converge-taps-ribbon-to-deploy-cutting-edge-optical-networking-technology/) | telecomreseller.com | | 7/26/2024 | [**Storage and Data Protection News for the Week of July 26; Updates from Cohesity, Keepit ...**](https://solutionsreview.com/backup-disaster-recovery/storage-and-data-protection-news-for-the-week-of-july-26-updates-from-cohesity-keepit-veeam-more/) | solutionsreview.com | ## Topic Overview (Some LLM-derived content — please confirm with above primary sources) ### Key Players - **Clarify Health**: Recognized for its analytics in value-based payment and price transparency, enhancing healthcare organizations' business outcomes. - **Microsoft Corporation**: Involved in business applications and platforms, emphasizing the importance of AI in enhancing business outcomes. - **GlobalLogic**: A software engineering services provider recognized for its innovative solutions that drive business outcomes. - **SuccessKPI**: An AI and analytics company that empowers contact centers to enhance business outcomes and customer experiences. - **Bain & Company**: A global management consulting firm that has migrated its core financial operations to SAP S/4HANA Cloud to standardize processes and enhance integration. - **Kearney**: A global management consulting firm enhancing supply chain transformations through strategic acquisitions. - **R3 Continuum**: A provider of behavioral health solutions focused on enhancing workplace well-being and performance. - **LifeBridge Health**: A healthcare organization leveraging AI to improve operational efficiency and clinical outcomes. - **Netsmart**: A provider of healthcare technology solutions, particularly in post-acute care, emphasizing operational efficiency and clinical outcomes. - **Honeywell**: A multinational conglomerate focusing on technology and manufacturing, emphasizing the importance of AI and cloud technologies in driving business outcomes. - **Cognida.ai**: A company providing practical AI solutions for enterprises, enhancing business processes and outcomes. - **Orion Innovation**: A vendor in the Modern Application Development Services landscape, focusing on co-creating custom applications and enhancing operational efficiency. - **Genpact**: A global professional services firm leveraging AI to enhance business outcomes through automation and improved customer engagement. - **Conduent**: A leader in customer experience solutions, integrating AI and analytics to optimize customer interactions. - **Zeb**: Recognized by AWS for excellence in cloud and AI innovation, delivering impactful business outcomes across various industries. - **CustomerInsights.AI**: A platform recognized for its innovation in life sciences, helping organizations achieve operational efficiency and compliance. - **Infogain**: A leader in digital customer experience engineering, recognized for its impactful AI solutions across multiple industries. - **Qualtrics**: A company integrating AI capabilities into its platform to enhance digital experiences and improve business outcomes through actionable insights. - **LogicGate**: Recognized for its growth in the GRC sector, offering solutions that enhance productivity and compliance. ### Partnerships and Collaborations - **Level Access, G3ict, IAAP**: Collaborated to release a report on digital accessibility, highlighting its impact on business outcomes. - **Bain & SAP**: A long-standing partnership focused on ERP modernization and future innovations through the SAP S/4HANA Cloud transition. - **Genpact and AI**: Genpact is leveraging AI to automate tasks and enhance customer engagement, demonstrating a commitment to improving business outcomes. - **Globality and telecommunications companies**: Globality collaborates with major telcos to create a cross-border rewards program aimed at enhancing customer experiences. - **EDITED and Fynd**: A partnership to drive retail innovation and enhance market intelligence through data-driven decisions. - **MAG and AWS**: Partnering to improve system integration and data management for enhanced operational insights. - **Verous Technologies**: Collaboration between TekFive and Iron Bow Technologies to enhance federal contract competitiveness. - **Datametrex and Imagine Health Centres**: The addition of new physicians is expected to increase annual revenue by approximately $450,000 and improve patient outcomes. - **Tencent Cloud and CP AXTRA**: Strategic partnership to implement IaaS and AI solutions for improved business outcomes in retail. - **Coveo and SAP**: Co-sponsored a report emphasizing the necessity of AI in e-commerce for personalized customer experiences. - **Smartsheet and Amazon AWS**: Collaboration to launch a connector that synchronizes data, enhancing decision-making capabilities for business outcomes. - **NETSCOUT and Cisco/Palo Alto Networks**: Collaboration to integrate AI-ready data for improved business outcomes and user effectiveness. - **DataRobot and industry leaders**: Collaborated with companies like SAP and Personify Health to enhance AI applications for business efficiency. - **Innovaccer and athenahealth**: Enhancing integration to streamline data connectivity and reduce costs for healthcare organizations. - **GlobalLogic and Fortech**: Acquisition that strengthens GlobalLogic's delivery capabilities in the CEE region. - **Genpact & STADA**: Renewed partnership to enhance finance operations through automation and process harmonization. - **Servion and Verint**: A strategic initiative to enhance AI-powered bot solutions, improving operational efficiency and customer service. - **Nordic & CHIME**: Collaboration to survey CIOs about managed services in healthcare, revealing insights into digital tools' transformative roles. - **Hexaware Technologies and Blumetra Solutions**: Collaboration to enhance data integration and governance in the life sciences sector. - **Cotiviti and AWS**: Cotiviti aims to enhance its technology initiatives through advanced technologies and data analytics. ### Innovations, Trends, and Initiatives - **Value-Based Care Models**: Emphasized by organizations like Marathon Health to improve health outcomes and reduce costs. - **Value-Based Care**: A shift towards rewarding providers for high-quality care and improved patient outcomes, supported by technology like data analytics. - **Generative AI**: Transforming workplace productivity by enhancing job performance and efficiency. - **Cloud Computing Evolution**: Transforming into a vital business driver, integrating technologies like edge computing and AI to enhance operations. - **AI Integration**: Organizations are increasingly integrating AI into IT services to enhance operational efficiency and demonstrate measurable value. - **Generative AI Applications**: DataRobot's enterprise AI suite aims to enhance business outcomes by providing tailored AI solutions. - **Data Analytics**: Transforming healthcare decision-making by optimizing treatment approaches and improving health outcomes. - **Data Modernization**: A pressing need for organizations to invest in data modernization to support AI initiatives and improve business outcomes. - **AI in Healthcare**: The integration of AI and analytics into clinical workflows is expected to enhance care delivery and business outcomes significantly. - **Quality Engineering and Gen AI**: 68% of organizations are utilizing Gen AI to improve software quality, emphasizing the alignment of quality metrics with business outcomes. - **Generative AI (GenAI)**: Emerging as a key differentiating technology for corporate strategies, with significant growth in adoption and spending. - **Kaon's Customer Experience Platform**: Utilizes 3D, AI-driven, and AR/VR technologies to improve customer engagement and drive business outcomes. - **AI-Driven Solutions**: Companies like Infogain and LinkSquares are integrating AI into core business functions to enhance decision-making and operational efficiency. - **Low-Code PaaS**: Organizations are adopting low-code platforms to streamline development processes, resulting in significant improvements in operational efficiency and customer engagement. - **GRC Platforms**: Growing trend towards cloud deployment and AI integration in Governance, Risk, and Compliance solutions to improve business outcomes. - **Intelligent Healthcare Organizations (IHOs)**: Defined as organizations that optimize clinical workflows and improve experiences through continuous data transformation. - **QAI Studio by Quinnox**: An AI innovation lab designed to help enterprises accelerate AI adoption and achieve measurable business outcomes. - **Leadership Support Solutions**: R3 Continuum is developing tailored support solutions for leaders in high-stress industries, focusing on mental wellness and performance coaching. - **UKG Technology**: Improving staff scheduling flexibility and work-life balance, leading to significant cost savings in healthcare. - **Generative AI Solutions**: Tools that analyze data sets to enhance hospital operations, reduce costs, and improve efficiency. ### Challenges and Concerns - **C-suite Confidence Decline**: A decline in confidence among C-suite executives regarding their IT teams' effectiveness, highlighting the need for better alignment between technology investments and business outcomes. - **Integration of Technology and Business Strategy**: CTOs are evolving to manage cybersecurity and AI ethics while aligning technology with business goals to drive better outcomes. - **Implementation of Value-Based Care**: While VBC models aim to improve outcomes, they struggle with addressing late disease diagnoses, which can increase costs. - **Data Governance**: Organizations struggle with data access and compliance, negatively impacting ROI on data platform investments. - **Diversity, Equity, and Inclusion (DEI) Initiatives**: Facing budget cuts and backlash from major companies, raising concerns about the future of DEI efforts in the workplace. - **AI Implementation Missteps**: Common errors include failing to define problems clearly and lacking a specific path forward, affecting budgets and outcomes. - **Clinician Burnout**: Addressed through evidence-based solutions to improve clinician well-being and enhance the healthcare workforce experience. - **Trust in IT**: Less than half of C-level executives believe their IT organizations effectively deliver services, highlighting a need for rebuilding trust. - **Healthcare IT Constraints**: Despite budget constraints, healthcare organizations must balance cost-saving needs with value creation. - **Skill Gaps**: 65% of IT decision-makers report skill gaps, with dissatisfaction in current training initiatives indicating a need for improvement. - **Data Security Risks**: Concerns over third-party vulnerabilities in the software supply chain, prompting the need for enhanced visibility technologies. - **Digital Accessibility Challenges**: Organizations struggle to maintain digital accessibility at scale amidst evolving standards. - **Implementation Costs**: High costs and integration complexities pose challenges for adopting GRC solutions across industries. - **Economic Inequality**: Technological advancements risk exacerbating disparities, impacting labor demand and income distribution. - **Data Security**: As AI technologies advance, ensuring data security and privacy remains a critical concern for businesses. - **AI Strategy Development**: 41% of organizations are still developing an AI strategy, indicating a need for robust governance frameworks. - **Data Accuracy in AI Solutions**: Inaccurate data can lead to poor business outcomes, emphasizing the need for reliable data in AI processing. - **AI Adoption Risks**: Concerns regarding data privacy and the need for robust governance frameworks to manage AI complexities. - **Data Breaches and Outdated Systems**: Challenges in automation efforts due to concerns about security and reliance on legacy systems. - **AI Implementation Strategy**: Many healthcare companies lack a cohesive strategy for AI adoption, leading to wasted resources and failed initiatives. ## Related Topics [[Business Goals]]; [[Business Objectives]]