Daily Newsletter

06 October 2023

Daily Newsletter

06 October 2023

Panda Health opens platform to all health tech firms

Companies that signed up with Panda gain access to control their solution narrative and reach hospital members.

October 06 2023

Panda Health, a company facilitating connections between hospitals and digital health firms for streamlined solution procurement, has opened its platform to all healthcare technology companies.

Previously, only a select few companies meeting strict evaluation criteria were allowed on the platform but, due to high demand, Panda Health is now welcoming all digital health companies to showcase their solutions to hospitals, without any listing fees.

According to a press statement, Panda Health will continue to invite select companies into their Partner Program, which involves a clear vetting process.

Companies that signed up with Panda gain access to control their solution narrative and reach hospital members.

The company plans to release further details in mid-October for those interested in activating their free listing.

Founded in 2020, Panda Health aims to transform how health systems engage with and adopt digital health technologies, offering market intelligence and personalised guidance to simplify the procurement process.

Panda Health president and COO Ryan Bengtson said: “The Panda Health platform is transforming how hospitals connect with, explore, and adopt leading digital health technologies.

“There are numerous innovative digital health solutions entering the market. By extending platform access to all digital health companies, Panda can better match hospital members to solutions that meet their unique needs and requirements.

“This is a significant win for both health tech companies and hospitals.”

In April, Panda Health and FTI Consulting partnered to aid healthcare organisations in achieving comprehensive digital health transformation.

They offer a range of services, including strategic roadmap development, solution evaluation, contracting, technical integration, organisational design transformation, governance establishment, and ROI realisation.

This partnership addresses the challenges faced by health systems in harnessing the full potential of digital health solutions.

Panda Health streamlines technology adoption by evaluating various categories of solutions, reducing vendor selection risks.

Patient consumerism is gaining momentum

Healthcare is evolving from a ‘doctor knows best’ mentality to a patient-doctor relationship where the patient takes an active role in making informed healthcare decisions. Patients can have more of a say in their healthcare decisions because they have access to information through various means, including the literature, the internet, and more recently, different types of connected medical devices. With the rise of mobile health applications, wearable technologies, and telemedicine, patients are well-situated to gain medical information, and ultimately make the best choices for their health.

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