An analysis by the West Health Institute was released at a hearing before the House Energy and Commerce Subcommittee on Health estimates that medical device interoperability – the ability of medical devices and healthcare systems to seamlessly communicate and exchange information – could be a source of more than $30 billion a year in savings and improve patient care and safety.
Joseph M. Smith, chief medical and science officer of WHI, shared the analysis as part of his testimony outlining regulatory and policy changes necessary to create integrated, interoperable systems to improve outcomes, lower costs and create higher-value healthcare focused on patient-centered solutions.