# Legacy Technology * **Definition:** Legacy technology refers to outdated or obsolete systems, software, or hardware that are still in use within healthcare organizations, often due to their critical role in operations, despite being less efficient, secure, or compatible with modern technologies. * **Taxonomy:** CTO Topics / Legacy Technology ## News * Selected news on the topic of **Legacy Technology**, for healthcare technology leaders * 2.1K news items are in the system for this topic * Posts have been filtered for tech and healthcare-related keywords | Date | Title | Source | | --- | --- | --- | | 4/11/2025 | [**WiseAnalytics Unveils Advanced Data Architecture Solutions for Scalable Business Growth**](https://markets.businessinsider.com/news/stocks/wiseanalytics-unveils-advanced-data-architecture-solutions-for-scalable-business-growth-1034576109) | [[Business Insider Markets]] | | 2/11/2025 | [**Healthcare Delivery Models Have Changed, Why Haven't Payment Processes?**](https://www.pymnts.com/healthcare/2025/healthcare-delivery-models-have-changed-why-havent-payment-processes/) | [[PYMTScom]] | | 1/26/2025 | [**IT Professional Services Market to Grow by USD 657.9 Billion (2025-2029), Driven by Digital ...**](https://www.prnewswire.com/news-releases/it-professional-services-market-to-grow-by-usd-657-9-billion-2025-2029-driven-by-digital-transformation-ais-impact-on-market-evolution---technavio-302359589.html) | [[PR Newswire]] | | 1/9/2025 | [**Removing Technical Debt Supports Healthcare Cybersecurity and Incident Response**](https://healthtechmagazine.net/article/2025/01/removing-technical-debt-supports-healthcare-cybersecurity-and-incident-response) | [[HealthTech Magazine]] | | 1/1/2025 | [**AI In Payments: Opportunities, Challenges And Best Practices**](https://www.forbes.com/councils/forbestechcouncil/2025/01/02/ai-in-payments-opportunities-challenges-and-best-practices/) | [[Forbes]] | | 12/31/2024 | [**Verisma Acquires Olah, Streamlining Patient Data Management for Hospitals and ...**](https://www.healthcareittoday.com/2024/12/31/verisma-acquires-olah-streamlining-patient-data-management-for-hospitals-and-healthcare-facilities-nationwide/) | [[Healthcare IT Today]] | | 12/13/2024 | [**IT Professional Services Market to Expand by USD 621.4 Billion (2024-2028), Digital ...**](https://finance.yahoo.com/news/professional-services-market-expand-usd-072500518.html) | [[Yahoo Finance]] | | 12/13/2024 | [**Insurers Urged to Safeguard Data Amid Rising AI Adoption and Privacy Risks, Says Info ...**](https://www.prnewswire.com/news-releases/insurers-urged-to-safeguard-data-amid-rising-ai-adoption-and-privacy-risks-says-info-tech-research-group-302331530.html) | [[PR Newswire]] | | 12/13/2024 | [**IT Professional Services Market to Expand by USD 621.4 Billion (2024-2028), Digital ...**](https://www.prnewswire.com/news-releases/it-professional-services-market-to-expand-by-usd-621-4-billion-2024-2028-digital-transformation-drives-growth-ai-powered-report-on-market-trends---technavio-302330772.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 | [**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]] | | 11/22/2024 | [**IT Professional Services Market to Expand by USD 621.4 Billion (2024-2028), Driven by ...**](https://finance.yahoo.com/news/professional-services-market-expand-usd-194500855.html) | [[Yahoo Finance]] | | 11/17/2024 | [**A unified front: Cybersecurity's role in healthcare operations and patient safety - Viewpoint**](https://www.chiefhealthcareexecutive.com/view/a-unified-front-cybersecurity-s-role-in-healthcare-operations-and-patient-safety-viewpoint) | [[Chief Healthcare Executive]] | | 10/13/2024 | [**Claims denials on the rise, complicating revenue collection, survey finds**](https://www.healthcarefinancenews.com/news/claims-denials-rise-complicating-revenue-collection-survey-finds) | [[Healthcare Finance]] | | 9/23/2024 | [**Finance leaders balance AI investment to expected ROI**](https://www.healthcarefinancenews.com/news/finance-leaders-balance-ai-investment-expected-roi) | [[Healthcare Finance]] | | 9/19/2024 | [**Innovative Tech Transforming Healthcare: The Path Forward**](https://www.ibtimes.co.in/innovative-tech-transforming-healthcare-path-forward-872531) | ibtimes.co.in | | 9/17/2024 | [**US healthcare spending more on AI, cybersecurity, other IT investments-- Bain and KLAS Research**](https://www.tmcnet.com/usubmit/2024/09/17/10074078.htm) | tmcnet.com | | 9/17/2024 | [**Survey: Payers, Providers Boosting IT Investments - Healthcare Innovation**](https://www.hcinnovationgroup.com/finance-revenue-cycle/health-it-market/news/55140397/survey-payers-providers-boosting-it-investments) | [[Healthcare Innovation]] | | 9/17/2024 | [**US healthcare spending more on AI, cybersecurity, other IT investments - Bain & Company**](https://www.bain.com/about/media-center/press-releases/2024/us-healthcare-spending-more-on-ai-cybersecurity-other-it-investments-bain--company-and-klas-research/) | bain.com | | 9/17/2024 | [**Azra AI Appoints Former Siemens and Cerner Executive, Nias Puthenveettil as ... - FOX 5 San Diego**](https://fox5sandiego.com/business/press-releases/ein-presswire/744220771/azra-ai-appoints-former-siemens-and-cerner-executive-nias-puthenveettil-as-chief-technology-officer) | fox5sandiego.com | | 8/14/2024 | [**How does your organization address interoperability issues to ensure efficient clinical workflows across different systems and platforms?**](https://www.healthtechmagazines.com/how-does-your-organization-address-interoperability-issues-to-ensure-efficient-clinical-workflows-across-different-systems-and-platforms/) | [[Health Tech Magazines]] | | 7/18/2024 | [**New research from SOTI reveals increase in use of AI in UK healthcare sector and concern about data security**](https://www.med-technews.com/news/Digital-in-Healthcare-News/new-research-from-soti-reveals-increase-in-use-of-ai-in-uk-healthcare-sector-and-concern-about-data-security/) | [[Med-Tech Innovation News]] | | 7/3/2024 | [**Healthcare IT Market Poised for Explosive Growth, Projected to Reach $1.83 Trillion by 2031**](https://www.whatech.com/og/markets-research/medical/851706-healthcare-it-market-poised-for-explosive-growth-projected-to-reach-1-83-trillion-by-2031) | whatech.com | | 6/14/2024 | [**Oil And Gas Project Management Software Market Consumption Analysis, Business Overview and Upcoming Trends 2033**](http://prsync.com/stringent-datalytics/oil-and-gas-project-management-software-market-consumption-analysis-business-overview-and-upcoming-trends--4174393/) | [[PRSync]] | | 1/22/2024 | [**AI risks in healthcare: Misdiagnosis, inequality, and ethical concerns**](https://www.news-medical.net/news/20240123/AI-risks-in-healthcare-Misdiagnosis-inequality-and-ethical-concerns.aspx) | [[News Medical Net]] | ## Topic Overview (Some LLM-derived content — please confirm with above primary sources) ### Key Players - **Olah Healthcare Technology**: Provider of Enterprise Archiving Solution (EAS) that integrates with EHR systems for secure archiving of legacy data. - **HealthEdge**: A healthcare technology company aiming to create a single digital ecosystem for health plans to improve operational efficiency and patient outcomes. - **Resilinc**: A market leader in supply chain resiliency solutions, providing AI-powered platforms for anticipating and responding to supply chain disruptions. - **mLogica**: Partnered with Carahsoft to provide IT modernization and big data solutions to the public sector. - **Accenture**: A global professional services company that provides consulting and technology services, focusing on automation and advanced analytics. - **Verisma**: Leader in intelligent health data management solutions, recently acquired Olah Healthcare Technology to enhance data management capabilities. - **Consensus Cloud Solutions**: Partnered with Olah Healthcare Technology to modernize data exchange and improve access to patient health information. - **QuantHealth**: A firm developing AI-powered drug development platforms, focusing on trial-simulation technology and data security. - **Experian**: A company that provides insights into healthcare claims processing inefficiencies and the impact of legacy systems. - **Amazon**: A major player in cloud computing and technology services, adapting to trends in remote working and operational efficiency. - **Adonis**: A healthcare financial technology platform that has raised significant funding to enhance revenue collection through AI and machine learning. - **Forescout Technologies, Inc.**: A cybersecurity firm that identifies vulnerabilities in connected medical devices and emphasizes the need for improved security measures. - **IBM**: Conducting research on the evolving role of CIOs in adapting to AI-driven technology landscapes. - **mPulse**: A digital healthcare technology company that enhances consumer engagement through innovative solutions. - **Microsoft**: A technology company that offers solutions for automation and advanced analytics in various sectors, including healthcare. - **Northeast Georgia Health System**: A healthcare organization that has expanded by acquiring local hospitals to enhance patient care in rural communities. - **3Aware**: A healthcare technology company focused on improving patient outcomes through AI and automation in compliance processes. - **Point72 Private Investments**: Lead investor in Adonis's Series B financing round. - **DELFI Diagnostics**: A company focused on AI-powered fragmentomics for early cancer detection, with a blood-based test for lung cancer screening. - **Zipari**: A healthcare-focused consumer engagement technology firm acquired by mPulse to improve customer experience. ### Partnerships and Collaborations - **Consensus Cloud Solutions and Olah Healthcare Technology**: Partnership to transition from outdated legacy systems to cloud-based technology for improved data management. - **mLogica and Carahsoft**: Collaboration to modernize mainframe and legacy technologies for public sector agencies. - **IGEL**: A company focusing on secure endpoint solutions, emphasizing partnerships to expand its capabilities in cybersecurity. - **Oregon Health & Science University and Legacy Health**: Signed a definitive agreement to create an integrated public university health system, enhancing healthcare access and infrastructure. - **QuantHealth**: Emphasizes the importance of robust security infrastructure to protect sensitive data during drug development and clinical trials. - **Veterans Health Administration (VHA) and Abridge AI, Inc.**: Collaborating to pilot cloud-based transcription AI systems to enhance efficiency in healthcare documentation. - **Veterans Health Administration (VHA) and Nuance Communications, Inc.**: Partnering to automate the documentation process in clinical encounters to reduce clinician burnout. - **Neurophet**: Continues to expand its reach through collaborations with pharmaceutical firms to advance solutions for brain disease diagnosis and treatment. - **mPulse and Zipari**: The acquisition of Zipari by mPulse aims to enhance healthcare consumer experience technology and streamline operations for health plans. ### Innovations, Trends, and Initiatives - **Active Archive Strategies**: Organizations are implementing active archiving to manage legacy data effectively and ensure compliance with data retention regulations. - **Application Modernization Services**: Forecasted growth in application modernization services, driven by the need to update legacy systems. - **Cloud Migration**: Healthcare organizations are increasingly adopting hybrid cloud models to overcome challenges posed by legacy applications. - **Mainframe Modernization**: The market for mainframe modernization services is projected to grow significantly, driven by digital transformation and cloud computing. - **Generative AI**: Recognized in research and development plans, yet its adoption in life sciences remains slow due to challenges such as regulatory concerns and mistrust of technology vendors. - **Low-Code Platforms**: Adoption of low-code platforms is increasing in APAC to streamline application development and address challenges posed by legacy systems. - **Data Management Solutions**: Verisma's acquisition of Olah aims to improve data management for healthcare providers by transitioning from legacy systems. - **Digital Transformation**: The IT professional services market is experiencing significant growth driven by increasing digital transformation and customer demands for automation. - **Cybersecurity Regulations**: The FDA has introduced stricter cybersecurity requirements for medical devices, particularly addressing legacy devices. - **Identity and Access Management (IAM)**: Healthcare organizations are focusing on modernizing IAM systems to integrate with legacy environments and enhance data security. - **AI and Machine Learning**: Emerging technologies reshaping healthcare by enhancing diagnostic accuracy and improving patient outcomes. - **Cloud Solutions**: Healthcare organizations are increasingly adopting cloud fax systems to improve operational efficiency and ensure HIPAA compliance. - **Real-Time Payments**: A significant majority of healthcare providers plan to adopt real-time payments to enhance member and provider experiences. - **AI Integration**: The healthcare sector is increasingly adopting AI technologies to enhance operational efficiency, patient care, and data analytics. - **AI Adoption**: Growing interest in AI technologies among healthcare providers and payers, with 15% of providers and 25% of payers reporting established AI strategies. ### Challenges and Concerns - **Legacy Technology**: Identified as a significant barrier for healthcare organizations, limiting scalability and incurring high costs. - **Technical Debt**: Delaying upgrades to legacy systems can hinder innovation and the adoption of advanced technologies. - **Legacy Systems**: Healthcare organizations face challenges in integrating legacy technology with new AI solutions, which can hinder innovation and efficiency. - **Legacy Medical Devices**: Legacy devices pose significant cybersecurity risks, as many use outdated software vulnerable to attacks, compromising patient safety. - **Interoperability Issues**: Integrating new technologies with existing legacy systems is a major challenge, necessitating robust interoperability solutions. - **Cybersecurity Risks**: Legacy systems are more vulnerable to cyberattacks, necessitating improved data security measures to protect sensitive patient information. - **Data Management Issues**: Healthcare organizations face challenges in managing vast amounts of patient data, often hindered by siloed legacy systems. - **Data Breaches**: The healthcare sector is facing a record number of data breaches, with legacy technology hindering data security and increasing vulnerabilities. - **Data Security**: As healthcare technology evolves, concerns regarding data privacy and cybersecurity remain paramount, necessitating robust security measures. - **Regulatory Compliance**: The heavily regulated nature of the healthcare industry poses challenges for the adoption of new technologies, particularly AI. - **Claims Processing Inefficiencies**: Outdated technology and inefficient workflows contribute to rising denial rates in healthcare claims, complicating revenue collection. - **Cybersecurity Threats**: Despite new regulations, cyberattacks in healthcare are on the rise, with many medical devices identified as vulnerable. ## Related Topics [[Legacy Systems]]