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October 23, 2022 News 4 Comments

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Oracle co-founder and CTO Larry Ellison tells CloudWorld 2022 attendees that the company will partner with other companies to build next-generation healthcare applications, saying that “there’s no way we can do this by ourselves.”

Ellison again touted creation of a national health records database, warning that healthcare costs will bankrupt Western civilization unless efficiency is improved,

He added that acquiring Cerner was “maybe the single most important thing we did in terms of expanding our own capacity.”  


Reader Comments

From Jostler: “Re: tokenization. Any experts out there you could interview, or any summaries of how it is actually being used? I can’t tell if it’s hype or if it will be useful to get more data.” Tokenization is a way to link several data sets together so that a patient can be viewed as an individual via an encrypted token. The underlying data remains de-identified. A researcher would be able to tell that a given oncology clinic patient also picked up prescriptions at Walgreens and visited two health system EDs, for example, but would not be privy to that patient’s private information. I would be interested in hearing from people who have tokenization expertise or who have used it for research.


HIStalk Announcements and Requests

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Poll respondents who could move anywhere would most often consider the new area’s proximity to family, weather, and social and political environment. Interesting, few respondents care much about access to high quality health services, perhaps not yet having attained the age in which quality and quantity of life might depend on the services available in your location’s medical golden hour. Some respondents say that proximity to an airport that is an airline’s major hub would have ranked high on their list.

New poll to your right or here, extending Dr. Jayne’s experience where the front desk person insisted she didn’t owe the co-pay that was clearly listed on her insurance card. In your most recent ambulatory medical encounter in which you owed a co-pay, was it collected before you left?


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People

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Jamey Pennington (Coker Group) joins Southwell as VP and chief information and HIPAA security officer.

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CoverMyMeds promotes Lindsay Miller to VP of account operations.


Announcements and Implementations

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Henry Ford Health commercializes its internally developed DromosPTM patient therapy management solution for specialty pharmacies.


Government and Politics

A Florida man pleads guilty to conspiracy and kickback charges for running an Internet-based platform on which physician orders for back and knee braces were bought and sold, yielding him a cut of the transactions. Nagainda Srivastav also ran call centers to find beneficiaries who could be billed for DME, then bought physician orders from offshore telemedicine companies that he sold online. His scheme generated at least $25 million in federal healthcare payments. His B2B Apps Solutions sells cloud-based pharmacy and EHR apps. Basic Googling turns up his $2.4 million, 8,900-square-foot  waterfront home in Tampa.

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Apple sues medical technology company Masimo, claiming that it cloned the Apple Watch for its W1 Advanced Health Tracking Watch. Masimo previously accused Apple of contacting it in 2013 about potential collaboration, then using the meeting to identify Masimo employees it could poach, including its chief medical officer and those knowledgeable about pulse oximetry sensors, which Masimo says it invented.


Privacy and Security

Sen. Mark Warner (D-VA) sends a letter to Meta CEO Mark Zuckerberg, asking him to explain how its Meta Pixel tracker collects, stores, and uses the information of website visitors. He also wants to know what steps have been taken since The Markup publicized Meta Pixel’s use by health systems and how the system filters sensitive health information.


Other

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A New York Times article on preparing for surgery suggests using Abridge, an app that records doctor-patient conversations and shares the recording and transcription with both. Co-founder and CEO Shiv Rao is a UMPC cardiologist and spent time as EVP of UPMC Enterprises.

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The San Diego sheriff’s department will monitor its most medically vulnerable incarcerees using tamper-proof biosensor trackers, hoping to reduce in-custody deaths. The $1,000 ankle-attached trackers will be provided by 4Sight Labs, which a Colorado police department credits with saving the lives of three people who were in custody.


Sponsor Updates

  • OptimizeRx and Melinta Therapeutics will present Innovate4Outcomes, a virtual event that will focus on antimicrobial resistance,  on December 1.
  • Sphere will exhibit at Athenahealth’s Thrive conference October 24-26 in Austin, TX.
  • Volpara Health achieves B Corp. Certification.
  • Wolters Kluwer Health publishes a new e-book, “Transforming the Nursing Workforce: Keys to Delivering Health Equity and Fostering Resilience.”
  • Verato will exhibit at APHSA ISM 2022 October 23-26 in National Harbor, MD.

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Currently there are "4 comments" on this Article:

  1. RE:Oracle co-founder and CTO Larry Ellison tells CloudWorld 2022 …, saying that “there’s no way we can do this by ourselves.”

    And here I thought I heard they’d have it done in a year or so. Somebody needs to remind Larry that a basic rule of software development is the more people (or other organizations) you throw at a project the longer it takes, by orders of magnitude.

  2. And, since Larry can do everything 10x faster than everyone else (unless he meant 10x faster than Oracle used to (recognizing they were 20x slower than everyone else) but don’t get into details there) there is reason to involve loser partners that do things so much more slowly.

    Best commercial for Epic that I’ve ever seen. And, he’d be wise to stop using California customer references when UCLA, Stanford, UC Davis, etc. can easily share all the data he claims still can’t be shared in the year 2022 of our Lord. Just silly.

  3. I have to say, these comments by Larry Ellison? They are downright modest and reasonable, by the standards of the man. Maybe the (now past) era of Charles Phillips taught him a thing or two.

    However. He’s the CTO now? This is a classic move into a secondary role, by someone who is preparing for retirement. [Looking up his bio] Yeah, he’s 78 years old now.

    So what I would put out there is this idea. It may be that Ellison’s days as the driving force behind Oracle, are largely over. Being a CTO is theoretically still a powerful position, and I’ll bet Larry still owns a ton of Oracle stock. He’s Executive Chairman as well. Yet if he chooses to prioritize leisure and only occasionally engages with work? There’s no one who can stop him.

    This is all speculation you understand. But it makes some sense, even coming from a man who has pooh-poohed the very idea of retirement.

    Time was, what Ellison said was Oracle’s corporate strategy and position. I’m not completely convinced that remains true.







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