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Digital Health Report 2020 STATE OF GEORGIA’S DIGITAL HEALTH ECOSYSTEM Driven by Innovation Proven by Performance EXECUTIVE OVERVIEW Georgia is home to 200 Digital+ Health companies that are innovating healthcare in a variety of ways - from healthcare Michele Madison, Morris Manning & Martin, software to medical devices to services. 2019 TAG Digital Health Board Chair With an estimated $20.7B economic impact in the State, and $11.8B in estimated direct revenue Statewide, Digital Health is helping drive Georgia’s Chris Karabinos, Harvest Business 1 Advisors, 2020 TAG Digital Health Board economy . But the impact is broader. Chair Through the advancement of new Digital Health solutions developed in Georgia, healthcare systems and physicians nationally are better able to screen, Phyllis Parker Board member, Georgia diagnose and collaborate on the delivery State University, Center for Health IT,TAG Digital Health Board member of healthcare in new ways improving access to healthcare and improving health outcomes throughout the United States. Dr. Sweta Sneha, Founder and Executive Director, Healthcare Management and Examples of Digital Health solutions Informatics at Kennesaw State University, TAG Digital Health Board member developed and managed by Georgia- based companies includes solutions in the areas of population health, revenue cycle management, patient Robin Hackney, FairWarning, TAG Digital engagement, imaging, telehealth and Health Board member remote monitoring, cybersecurity, care coordination, consumer healthcare apps and more. These successful businesses will continue to create a major impact Brian Kenah, ShareCare, TAG Digital Health nationally as they grow. And the Digital Board member Health economy in Georgia will continue to support the launch of new companies to address new challenges. Jennifer Georgino, GA Blockchain The TAG Digital Health Board thanks the following Coalition, Dealbox, TAG Digital Health Board member individuals for their contributions: Reba Adams, Georgia Institute of Technology Center for Economic Development Research Gracie Carter, CSM, Master of Healthcare Management and Informatics Candidate Pat Williams, Institute for Healthcare Felice Felser, Vice President of Clinical Informatics, iMedX IT Board Chair, TAG Digital Health Board Heather Maxfield, TAG, Vice President, Government Affairs member & Statewide Economic Development Ken Rome, Graphic Designer, Owner, Notusmedia Copyright 2020 Technology Association of Georgia, All Rights Reserved 1 HEALTHCARE INNOVATION LANDSCAPE IN GEORGIA In the early 2000s, healthcare in the United States o HBOC and McKesson were major players on was in crisis. Per capita healthcare spending was the national healthcare technology landscape the highest in the world and growing at a 4-5% rate, since the 1970’s, with thousands of technology yet the health of the US population was average and alumnae starting other Healthcare Information not improving. In 2009, President Obama signed the Technology (“HIT”) companies in metro Atlanta. Health Information Technology for Economic and • A vibrant Innovation Community, with incubators Clinical Health (HITECH) Act into law to promote the and accelerators around the state fostering new adoption of health information technology thereby Digital Health, medical and medical device ushering healthcare into the digital era. The HITECH startups. Two major institutions are: Act was enacted to drive the adoption of electronic health records (EHR) with the expectation that, o ATDC (Atlanta Technology Development Center) was founded on Georgia Tech’s campus in 1970 once digitized, medical records could be analyzed and is widely regarded as one of the most to identify approaches to improve health outcomes successful incubators in the nation. Today, across the population while improving privacy and 50 of its 180 total startups (28 percent) are security (HIPAA). The intent of the law was to focused on healthcare, medical devices and engage patients to manage their own healthcare Digital Health technology. and thereby improve the coordination of care. This Act, combined with the subsequent Patient o ATV (Atlanta Technology Village), founded in Protection and Affordable Care Act (ACA) and other 2012, has 30 of its 300 startups and companies (10%) focused on Digital Health. related laws, drastically changed many aspects of healthcare to include delivery, business models • A robust Healthcare Technology Community and payment models that drive medical provider including Professional technology organizations, and patient behaviors, and patient (consumer) cross-industry partnerships, Accountable Care engagement through the use of technology. Organizations (ACOs) and a vigorous Digital Health startup community. While the Digital Health industry in Georgia has been a major industry for decades, the impact • Collaborative Industries - Georgia has an of these national forces has generated incredible advantage over other states in that it is also a growth since 2010. As the employment growth chart national leader in other technology industries in the “By the Numbers” chart in this report show, such as mobility, Fintech (financial technology), there are 200+ Digital Health companies in Georgia, logistics and information security. This creates with over 44,000 jobs, representing a 31 percent opportunities to combine technologies for increase over the course of nine years. the purpose of creating hybrid solutions; examples include mobile health, revenue Many factors contribute to making Georgia a Digital cycle management and healthcare asset Health innovation hub; management tracking. • 200+ Digital Health companies operating in • A strong workforce - Nurtured by excellent local Georgia as of this report (Dec. 2019). See list universities to include Emory University, Emory in this report. School of Medicine, Georgia State University, • A long history of leading institutions in healthcare, Georgia Institute of Technology, Kennesaw State global health and healthcare technology: University, Mercer University, Morehouse College, Morehouse School of Medicine and the University o The CDC, the world’s leader in global health, of Georgia. has been headquartered in Atlanta since the 1950’s and its precursor was initially located • Cooperative Research and Development - Often here in the 1940’s. produced from partnerships between healthcare systems, technology providers, businesses, payors o HIMSS was founded on Georgia Tech’s campus and academia. in 1960 with an incredible amount of healthcare technology expertise in the state at There is a healthy spirit of collaboration within the that time. healthcare technology community in Georgia, and Continued on page 5 2 DIGITAL HEALTH COMPANIES 3M Health Information Systems Etegrity Health Solutions Inc MD Solutions Inc 3M M*modal ExamWorks Clinical Solutions MED ASSETS-PRECYSE 4th Source, Inc. Experity (DocuTap and Practice Velocity) Med Easy Software Abbott (Alere Health LLC) FairWarning, Inc. MediBase group Inc. Accel Healthcare Resources LLC GE Healthcare Medical Asset Management Across Healthcare GENEX Services Inc Medical Management Associates Inc AdvancedMD Georgia Health Information Network Medicat LLC Alliant GMCF [Part of Alliant Health Solutions] Georgia Partnership For Telehealth Medicus IT Alliant Health Solutions GHX Medipro Allscripts Healthcare Solutions, Inc. Global Emergency Resources Medipurpose Appian Gozio Health MediStreams Athena Health Grant Thornton LLP Meditech Autocruitment Greenway Medical Technologies Meditology Services Axiom Corporation HCL America, Inc. Microsoft (For Healthcare) Axway HealthAsyst Monocle Health Data Azalea Health Innovations, Inc Health Catalyst, Inc. NASCO Barco Inc Healthcare Data Experts National Electronic Attachment, Inc. Bintellica, LLC Healthgrades (previously Influence Health) National Research Corporation BioIQ HealthLink Dimensions Navigant Bluecat Networks Inc HealthNovation NCR Health Booz Allen Hamilton Healthpac Computer Systems NEOS Technologies Bottomline Technologies HealthSystems NextGen Healthcare Brightree LLC HealthSystems Resources NIIT Technologies Cannon Medical Systems Healthyou North Highland Company CardioMEMS (Abbott) Hewlett-Packard (HP) Northrop Grumman CareLogistics HIMformatics LLC NorthStar Healthcare Consulting Carematics HMS NRC Health Carestream Health Hola Doctor nThrive Centerpoint IT HyBridge Solutions NTT Data, Inc. CGI Group ImedX Nuance Communications Change Healthcare Immucor Inc Nuesoft Technologies CIOX Health Influence Health ( HealthGrades) Onecare Clean Hands Safe Hands Info Pro Group Optum Insight ClearWave Infor Global Solutions Oracle Clinigence Infosys Public Services Parallon Clockwise.md Ingenious Med Patientco Cloud vault Health InHealth Record Systems Payspan Coalition America Inovalon PharmaCentra LLC Coker Group Interactive Health Network LLC Philips Healthcare Compliance 360 INC Intermed Systems Inc Premedex Convergint Technologies, LLC Intrado (was West Corporation) Premier Anesthesia Core Management Resources Group Jackson Healthcare Solutions Presidio Networked Solutions Corus360 Jtech PricewaterhouseCoopers Cotiviti Jvion Primus Software Corporation Craneware Kaiser Permanente Procare RX CSRA (GDIT) Karna PURSUANT HEALTH Desir Group Executive Search Kaufman, Hall & Associates, Inc Qgenda Diamond Computing KaZee Inc. QUALITY SYSTEMS, INC/NEXT GEN Document Plus Technologies KGS HEALTHCARE DR Wanted L7 Technology Partners Quality Technology Services DXC Technology Legacy Data Access, Inc. RelayHealth (Mckesson Pharma) Ebix
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