# Technical Assessment * **Definition:** A systematic evaluation of the technical aspects of healthcare technologies, including their design, functionality, usability, and integration into existing healthcare systems, to determine their effectiveness, safety, and compliance with regulatory standards. * **Taxonomy:** CTO Topics / Technical Assessment ## News * Selected news on the topic of **Technical Assessment**, for healthcare technology leaders * 1.3K news items are in the system for this topic * Posts have been filtered for tech and healthcare-related keywords | Date | Title | Source | | --- | --- | --- | | 5/29/2025 | [**What Recent Tech Layoffs Reveal About The 2025 Job Market - Forbes**](https://www.forbes.com/sites/andrewfennell/2025/05/29/what-recent-tech-layoffs-reveal-about-the-2025-job-market/) | [[Forbes]] | | 5/14/2025 | [**Review: Grammarly Pro Supports Concise Communication**](https://healthtechmagazine.net/article/2025/05/review-grammarly-pro-supports-concise-communication) | [[HealthTech Magazine]] | | 5/12/2025 | [**Speech-To-Text API Market to Reach $5 Billion by 2024 in the Short Term and $21 ... - PR Newswire**](https://www.prnewswire.com/news-releases/speech-to-text-api-market-to-reach-5-billion-by-2024-in-the-short-term-and-21-billion-by-2034-globally-at-15-2-cagr-allied-market-research-302452178.html) | [[PR Newswire]] | | 5/8/2025 | [**OMNY Health Enriches Real-World Data Ecosystem with Over 300 New Clinical Assessment Measures**](https://hitconsultant.net/2025/05/08/omny-health-enriches-rwd-ecosystem/) | [[HIT Consultant]] | | 5/8/2025 | [**MedTech Breakthrough Announces 2025 MedTech Breakthrough Award Winners**](https://hitconsultant.net/2025/05/08/2025-medtech-breakthrough-award-winners-announced/) | [[HIT Consultant]] | | 5/6/2025 | [**Rethinking digital transformation for the agentic AI era - CIO**](https://www.cio.com/article/3977684/rethinking-digital-transformation-for-the-agentic-ai-era.html) | [[CIO]] | | 5/5/2025 | [**Healthcare CIOs in 2025: 8 things to know**](https://www.beckershospitalreview.com/healthcare-information-technology/healthcare-cios-in-2025-8-things-to-know/) | [[Beckers Hospital Review]] | | 5/2/2025 | [**What Medtech Can Learn From E-Commerce (And Vice Versa) - Forbes**](https://www.forbes.com/councils/forbestechcouncil/2025/05/02/what-medtech-can-learn-from-e-commerce-and-vice-versa/) | [[Forbes]] | | 4/23/2025 | [**Ardent Health's first CDIO, a nurse, on the value of 'human-centric' technology**](https://www.healthcareitnews.com/news/ardent-healths-first-cdio-nurse-value-human-centric-technology) | [[Healthcare IT News]] | | 4/14/2025 | [**Italy's defence minister says decision on Musk's Starlink should be technical**](https://www.aol.com/news/italys-defence-minister-says-decision-110208359.html) | [[AOL]] | | 3/28/2025 | [**Technical Assessment: Neutral in the Intermediate-Term**](https://finance.yahoo.com/research/reports/ARGUS_43078_TechnicalAnalysis_1743160049000) | [[Yahoo Finance]] | | 3/3/2025 | [**#leadership #ai #digitaltransformation #healthcaretech #innovation… - CXO Lanes - 38 comments**](https://www.linkedin.com/posts/cxolanes_leadership-ai-digitaltransformation-activity-7302281700376518659-YpBg) | [[Linkedin]] | | 3/3/2025 | [**Technical Assessment: Neutral in the Intermediate-Term**](https://finance.yahoo.com/research/reports/ARGUS_42830_TechnicalAnalysis_1741089319000) | [[Yahoo Finance]] | | 3/2/2025 | [**The AI Revolution In Business: Insights From Kellogg Professor Sawhney - Forbes**](https://www.forbes.com/sites/taarinikaurdang/2025/03/02/the-ai-revolution-in-business-insights-from-kellogg-professor-sawhney/) | [[Forbes]] | | 2/24/2025 | [**AI-Driven Platforms: Revolutionizing Business Operations and Decision-Making**](https://www.cioreview.com/news/aidriven-platforms-revolutionizing-business-operations-and-decisionmaking-nid-40796-cid-175.html) | [[CIO Review]] | | 2/24/2025 | [**MGMA WELCOMES JULIA ROSEN AS SENIOR VICE PRESIDENT OF IT AND SAM SHAHEEN AS VICE PRESIDENT OF MARKETING**](https://www.prnewswire.com/news-releases/mgma-welcomes-julia-rosen-as-senior-vice-president-of-it-and-sam-shaheen-as-vice-president-of-marketing-302383709.html) | [[PR Newswire]] | | 2/20/2025 | [**Velsera Drives Momentum in 2024 with Key Platform Advancements and Strategic Growth**](https://finance.yahoo.com/news/velsera-drives-momentum-2024-key-140600213.html) | [[Yahoo Finance]] | | 2/18/2025 | [**Interactive Kiosk Market is expected to generate a revenue of USD 46.53 Billion by 2031 ...**](https://finance.yahoo.com/news/interactive-kiosk-market-expected-generate-153000316.html) | [[Yahoo Finance]] | | 1/16/2025 | [**Karat Acquires Byteboard to Pioneer the Future of Talent Evaluation**](http://www.businesswire.com/news/home/20250116851911/en/Karat-Acquires-Byteboard-to-Pioneer-the-Future-of-Talent-Evaluation/?feedref=JjAwJuNHiystnCoBq_hl-Q-tiwWZwkcswR1UZtV7eGe24xL9TZOyQUMS3J72mJlQ7fxFuNFTHSunhvli30RlBNXya2izy9YOgHlBiZQk2LOzmn6JePCpHPCiYGaEx4DL1Rq8pNwkf3AarimpDzQGuQ==) | [[Business Wire]] | | 11/22/2024 | [**Strategy Consulting Market to Expand by USD 121.2 Billion (2024-2028), Driven by Demand ...**](https://finance.yahoo.com/news/strategy-consulting-market-expand-usd-191500625.html) | [[Yahoo Finance]] | | 11/18/2024 | [**Lynx Dx Announces Medicare Coverage for MyProstateScore 2.0, Marking a Major ... - PR Newswire**](https://www.prnewswire.com/news-releases/lynx-dx-announces-medicare-coverage-for-myprostatescore-2-0--marking-a-major-milestone-in-prostate-cancer-risk-assessment-302307333.html) | [[PR Newswire]] | | 11/14/2024 | [**The Future of Healthcare: AI-Powered Patient Experiences - HIT Consultant**](https://hitconsultant.net/2024/11/14/the-future-of-healthcare-ai-powered-patient-experiences/) | [[HIT Consultant]] | | 10/18/2024 | [**FPT Software Recognized as a Major Player in the IDC MarketScape: Asia/Pacific Managed ...**](https://www.businesswire.com/news/home/20241017372278/en/FPT-Software-Recognized-as-a-Major-Player-in-the-IDC-MarketScape-AsiaPacific-Managed-Security-Services-Professional-Security-Services-2024-Vendor-Assessment) | [[Business Wire]] | | 7/9/2024 | [**The Pharma CCO Market to clock a double-digit growth rate by 2027 - Daily Investor Hub**](https://dailyinvestorhub.com/the-pharma-cco-market-to-clock-a-double-digit-growth-rate-by-2027/) | dailyinvestorhub.com | | 1/24/2023 | [**Payer startup Angle Health scores $58M to scale operations, expand to new markets**](https://www.fiercehealthcare.com/payers/angle-health-scores-58-million-scale-benefits-care-navigation) | [[FierceHealthcare]] | ## Topic Overview (Some LLM-derived content — please confirm with above primary sources) ### Key Players - **Byteboard**: A skills-based technical assessment solution acquired by Karat, focusing on real-world technical skills to improve job readiness. - **Palmetto GBA**: An organization that conducted the technical assessment for Lynx Dx's MPS2 test, validating its efficacy for prostate cancer risk stratification. - **INE Security**: A cybersecurity firm emphasizing skill assessments to strengthen defenses against cyber threats. - **Karat**: A leader in technical talent measurement, providing innovative assessments and expert-led interviews to enhance engineering quality. - **Peterson Health Technology Institute**: An organization focused on evaluating healthcare technologies to improve affordability and effectiveness. - **ADVI Health**: A strategic consulting partner in healthcare and life sciences, recently acquired Partnership for Health Analytic Research to enhance its capabilities in health technology assessment. - **Equitable Breakthroughs in Medicine Development (EQBMED)**: A collaboration focused on enhancing diversity in clinical trials through a Site Maturity Assessment Model. - **LatticeFlow AI**: A company specializing in AI risk assessments, partnering with KPMG to address biases and inaccuracies in AI systems. - **KPMG Switzerland**: A global leader in digital risk advisory, collaborating with LatticeFlow AI to enhance AI risk assessments. - **Parks Associates**: A research firm that launched a Strategic Consulting Unit to provide tailored insights and strategies for technology players. - **Lynx Dx**: A healthcare technology company that developed the MyProstateScore 2.0 (MPS2) test, which received Medicare coverage approval following a successful technical assessment. - **TMA Solutions**: A provider of AI-driven solutions aimed at improving patient outcomes and operational efficiency in healthcare. - **Mass General Brigham**: A healthcare provider involved in evaluating AI models for clinical settings. - **Emergency Care Research Institute (ECRI)**: An organization that evaluates healthcare systems and hospitals for excellence in supply chain management. - **Limbic**: An AI company transforming patient intake systems for mental health care. - **J.S. Held**: A global consulting firm that emphasizes diverse expertise in enhancing collaboration during M&A transactions. - **OMNY Health**: A healthcare data ecosystem expanding its clinical assessment measures to enhance patient health monitoring. - **Graylight Imaging**: A company specializing in AI-driven medical imaging solutions. - **Novo Nordisk**: A pharmaceutical company expanding operations in India and leveraging AI for drug safety assessments. - **Alorica Inc.**: A company that launched a Digital Trust & Safety platform combining AI technology with human expertise. ### Partnerships and Collaborations - **WHO, IDB, PAHO**: Released the 'Artificial Intelligence in Public Health Readiness Assessment Toolkit' to help countries assess their AI implementation readiness. - **RLDatix and USA Health**: Expanded partnership to enhance safety and performance assessment in the health system through a comprehensive safety suite. - **EQBMED and Industry Partners**: Collaboration with Amgen and Merck to enhance clinical trial diversity through the Site Maturity Assessment Model. - **Parks Associates and Technology Players**: Parks Associates launched a consulting unit to help technology companies refine competitive positioning and identify growth opportunities. - **TMA Solutions and True IDC**: Partnership to offer AI as a Service (AIaaS) for efficient AI solution adoption. - **KPMG and LatticeFlow AI**: A strategic partnership aimed at enhancing AI risk assessments to help enterprises manage risks and comply with regulations, particularly in light of the EU AI Act. - **ToxStrategies and Suttons Creek**: ToxStrategies acquired Suttons Creek to enhance consulting services in pharmaceutical development. - **Lynx Dx and University of Michigan**: Lynx Dx leverages technology developed at the University of Michigan to enhance its diagnostic solutions. - **Edge Delta and Employ**: Partnership to enhance log management and observability for better HR services. - **Limbic and Rogers Behavioral Health**: Partnering to implement an AI chatbot for patient intake, enhancing accessibility to mental health services. - **Mass General Brigham and AI Companies**: Mass General Brigham initiated the Healthcare AI Challenge Collaborative to test and compare AI tools in clinical settings. - **Pleasant Land and Livanta/DOMA Technologies**: Acquisition aimed at enhancing government healthcare through AI and advanced technology solutions. - **SINTX Technologies and Tethon Corporation**: Sale of SINTX's subsidiary to focus on high-growth opportunities in medical devices. - **NowPatient and Lifelight**: This partnership integrates blood pressure monitoring into telehealth, enabling remote patient care. - **HiringBranch and AWS**: HiringBranch joined the AWS Partner Network to provide advanced AI technology to various sectors. - **Regenstrief Institute and various organizations**: Collaborated to update the LOINC database, improving health data exchange and interoperability. - **SCAN Group & Sutter Health**: Collaboration to develop a new healthcare model, showcasing commitment to innovation. - **NJ Bio and Charles River Laboratories**: A strategic alliance to provide complementary services for the development and manufacturing of antibody drug conjugates. - **Harvest Integrated Research Organization (HiRO) and CHA University Bundang Medical Center**: Strategic partnership to provide comprehensive clinical trial solutions. - **SpinSci and 8x8**: Collaboration to enhance healthcare efficiency through improved patient communication. ### Innovations, Trends, and Initiatives - **Site Maturity Assessment Model**: Introduced by EQBMED to evaluate clinical trial sites' capacity for conducting diverse trials. - **Health Technology Assessment (HTA)**: Efforts to improve methodologies for evaluating medical innovations, including a focus on patient engagement. - **Short Form Staff Assessment by symplr**: Streamlines hiring processes for healthcare organizations, predicting employee retention and measuring competencies. - **Parks Associates Strategic Consulting Unit**: Launched to provide tailored insights and strategies for technology assessments, helping clients navigate market disruptions. - **AI Risk Assessments**: The partnership between KPMG and LatticeFlow AI focuses on evaluating critical AI use cases, ensuring model reliability and compliance with new regulations. - **Facility Assessment Requirements**: CMS has implemented new facility assessment requirements for nursing homes, emphasizing evidence-based staffing levels and comprehensive evaluations. - **Innovation and Value Initiative (IVI)**: Aiming to define and reward innovations in health technology assessment. - **AI in Public Health Toolkit**: A comprehensive framework for countries to assess their health systems' readiness for AI integration. - **MPS2 Test**: The MPS2 test analyzes 18 urinary biomarkers to assist in prostate cancer risk stratification, enhancing patient decision-making regarding biopsies. - **AI in Healthcare**: The integration of AI technologies, such as Inteleclinic for automating neuromuscular examinations, is transforming patient monitoring and access to care. - **Dora AI Conversational Agent**: Enhances patient care post-cataract surgery by autonomously conducting follow-up assessments. - **Hospital at Home (HaH)**: A model developed to provide hospital-level care in patients' homes, requiring thorough assessments for eligibility. - **Expansion of Clinical Assessment Measures**: OMNY Health is adding over 300 new measures to enhance its data network for better patient health insights. - **Karat's Acquisition of Byteboard**: This acquisition allows Karat to support a wider range of roles and skills, particularly in AI-enabled workplaces, reflecting a trend towards prioritizing high-quality technical talent. - **Utilization Management Accreditation**: Dane Street achieved accreditation from NCQA, demonstrating high standards in healthcare delivery. - **Infrastructure Modernization**: Healthcare organizations are modernizing IT infrastructure to leverage emerging technologies like generative AI. ### Challenges and Concerns - **Need for Technical Assessments**: As organizations increasingly integrate AI into their operations, there is a critical gap in the market for comprehensive technical risk assessments to ensure AI model reliability. - **AI Evaluation Metrics**: The lack of standardized evaluation metrics for AI tools in healthcare makes it challenging for providers to compare effectiveness. - **Risks of AI in Drug Safety Monitoring**: AI's potential to generate false information poses risks in drug safety assessments, emphasizing the need for continuous monitoring. - **Investment Volatility**: Market volatility raises questions about the value of heavy investments in AI. - **Revenue Cycle Management (RCM) Technology Adoption**: Healthcare organizations struggle with effective evaluation processes for RCM investments. - **AI Implementation in Public Health**: Countries face challenges in infrastructure, data management, and ethical considerations for equitable AI use. - **AI Implementation Risks**: Concerns about the safe implementation of AI in healthcare, including the need for robust governance systems to mitigate risks associated with misleading outputs. - **Bias in AI Systems**: The collaboration between KPMG and LatticeFlow AI addresses concerns over biases and inaccuracies in AI systems, which can lead to legal liabilities. - **Data Quality and Integration**: Challenges in implementing AI-driven solutions due to data quality and integration issues. - **Skilled Workforce Shortage**: A lack of skilled technicians and professionals hampers the adoption of advanced technologies. - **Configuration Management**: Organizations struggle with incomplete configuration management databases (CMDBs), hindering their ability to identify gaps and improve application rationalization. - **Cybersecurity Risks**: Concerns regarding data privacy and security in the adoption of new technologies. - **Regulatory Oversight of AI**: The FDA emphasizes the need for coordinated oversight of AI technologies in healthcare to ensure safety and efficacy while keeping pace with rapid advancements. - **Staffing Challenges in Infection Prevention**: Need for revised approaches to meet the specific needs of pediatric patients at Boston Children's Hospital. - **Skill Shortages**: Healthcare CIOs express a pronounced need to address IT skills and staffing shortages to enhance operational efficiency. - **Pharmaceutical Industry Challenges**: Rising R&D costs, decreasing revenues, and increased regulatory scrutiny affecting market access. - **Regulatory Compliance**: Healthcare organizations face increasing complexities in meeting evolving CMS guidelines, which require rapid adaptation to new standards. - **Data Protection Regulations**: Compliance with stringent regulations poses challenges for healthcare technology implementation. - **Integration Issues**: Challenges in integrating patient-generated health data into existing healthcare systems.