What You Should Know:
- A new study by The Clinic by Cleveland Clinic, a leader in virtual second opinions (VSOs), reveals significant cost savings and improved care for patients.
- The quantitative analysis, conducted by an independent third party, demonstrates that VSOs generate an average savings of $8,705 per patient.
Reduced Misdiagnoses and Overtreatment Lead to Cost Savings
The study highlights the potential for VSOs to prevent misdiagnoses and unnecessary procedures.
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Intermountain Deploys Remote Patient Monitoring for Older Adults with Chronic Conditions
What You Should Know:
- Intermountain Health, a healthcare system forms a strategic partnership with Sensorum Health, a healthcare technology company specializing in remote patient monitoring.
- The strategic collaboration aims to improve health outcomes and primary care access for older adults living independently with multiple chronic conditions. By focusing on early detection and personalized care plans, they aim to empower older adults to live healthier, more independent
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TRG Settles for $3.1M Over Alleged Improper Billing Practices
What You Should Know:
- The Radiology Group (TRG), a teleradiology company based in Atlanta, Georgia, has agreed to pay $3.1M to settle a civil fraud lawsuit filed by the U.S. Attorney's Office for the Southern District of New York.
- The settlement amount of $3.1M will be divided between the US government and various states.
Key Allegations
The lawsuit alleged that TRG engaged in improper billing practices related to radiology services provided to hospitals and other healthcare
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Hospital Staffing Shortages Lead to Frustrated Patients, J.D. Power Report Finds
What You Should Know:
- A new report by J.D. Power reveals concerning trends in US hospitals, highlighting patient dissatisfaction with limited doctor access, lengthy wait times, and communication issues.
- The J.D. Power report underscores the need for hospitals to address staffing shortages and prioritize patient satisfaction. By focusing on communication, patient engagement, and a more comfortable hospital environment, healthcare facilities can improve patient experiences and
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Report: Generative AI and Integration Key to Bridging Payer-Provider Gap
What You Should Know:
- A new report by HFS Research, in collaboration with Cognizant, sheds light on critical trends shaping the future of healthcare in the United States. The report, titled "Re-energize Health Consumer Engagement and Bridge the Payer-Provider Divide with GenAI," explores the potential of Generative Artificial Intelligence (GenAI) and vertical integration to improve healthcare delivery.
- The report also emphasizes that the healthcare system must embrace new approaches
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Float Secures $10M to Bring Specialty Care Home for Chronic Conditions
What You Should Know:
- Float, a healthcare marketplace focused on delivering in-home care for chronic illnesses, has secured $10M in Series A funding led by Canvas Ventures with participation from Wave Capital, Y Combinator, Burst Capital, and Also Capital. The round also included angel investor participation from several tech industry founders and leaders including Max Mullen, Co-founder of Instacart, Andrew Bartynski, Vice President of Strategy and Operations at ASRI, Brian Pokorny, former
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Verantos Bolsters Real-World Data Network with 7M Patient Records from CuriMeta
What You Should Know:
- Verantos, the leader in high-quality real-world evidence (RWE) forms a strategic partnership with CuriMeta to expand Verantos' Research Network with de-identified data from 7 million patients,
- The collaboration will enhance the depth and reach of real-world data (RWD) available to life science organizations.
Enhancing RWD Quality and Accessibility
The Verantos Research Network is a unique platform that gathers data from various sources, including academic
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CentralReach Appoints David Stevens as First-Ever Head of Generative AI
What You Should Know:
- CentralReach, the leading provider of software for ABA and multi-disciplinary providers treating Autism and IDD, announced the appointment of David Stevens as its first-ever Head of GenerativeAI (GenAI).
- In this newly created role, Stevens will lead a team dedicated to designing, developing, and piloting GenAI features for CentralReach's software suite, cari. The company currently boasts over 20 GenAI solutions in various stages of development, with a focus
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Federal Government Unveils Draft Health IT Strategy for Public Comment
What You Should Know:
- The Office of the National Coordinator for Health Information Technology (ONC)is seeking public input on a new draft plan outlining the nation's health information technology (health IT) strategy for the next six years.
- The draft 2024-2030 Federal Health IT Strategic Plan focuses on improving access to health data, creating a more equitable healthcare experience, and modernizing public health data infrastructure.
Focused on Data Access, Equity, and
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Sutter Health Partners with Abridge to Reduce Clinician Burnout with GenAI-Powered Documentation
What You Should Know:
- Sutter Health, a leading California healthcare system, announced a major collaboration with Abridge, a company specializing in generative AI for clinical documentation.
- The strategic partnership aims to transform the way physicians document patient interactions, ultimately improving patient care and reducing physician burnout.
Abridge: Streamlining Documentation and Freeing Up Physician Time
Physicians nationwide spend a significant amount of time on
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