Adverse drug events (ADEs) cost up to $5.6 million each year per hospital, according to the Agency for Healthcare Research and Quality. The same agency estimates that anywhere from 28 percent to 95 percent of ADEs can be prevented by reducing medication errors through computerized monitoring systems.With inpatient medication errors costing hospitals $16.4 billion each year, hospital leaders have turned their attention to identifying proven technologies and processes to help reduce the risk of
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Ayasdi Launches New AI Platform That Turns Health Systems Into AI App Incubators
Ayasdi, a provider of machine intelligence software and AI apps, has announced the release of Ayasdi Envision, a new framework enabling health systems to become AI app incubators. Starting today, health systems will be able to easily build their own apps on top of an enterprise-class Artificial Intelligence platform. The Envision framework will enable healthcare organizations to quickly create and consume intelligent apps that are purpose-built to solve a broad array of clinical and business
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MatrixCare Acquires Long-Term Care EHR Vendor SigmaCare
MatrixCare, a provider of long-term care software and technology has acquired Sigma Care, a New York City-based EHR vendor for the long-term, post-acute care market. The senior care market EHR provider currently serves over 12,000 facility-based care settings and over 2,000 home care agency offices throughout the US. Financial terms of the acquisition were not disclosed. For MatrixCare, the acquisition continues its rapid growth and strategic expansion into the New York City market.MatrixCare’s
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Nokia Unveils “Healthier Together” VR Experience for Consumers
Today, Nokia unveiled their new "Healthier Together" VR experience for consumers to discover its new portfolio of digital health products debuting at Cannes Lions International Festival of Creativity. Created using Nokia's own OZO+ camera and software, the full portfolio includes Nokia branded smart watches, connected scales, blood pressure monitors and other consumer health devices that will be available in store and online in key markets worldwide."Nokia is launching the broadest range of
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Teladoc to Acquire Best Doctors for $440M in Cash and Stock
Telehealth provider Teladoc, Inc. has entered into a definitive agreement to acquire Best Doctors, an expert medical consultant company. For Teladoc, the acquisition will expand its international footprint and breadth of healthcare solutions. . By leveraging the proven portfolio of healthcare solutions from both Best Doctors and Teladoc, members will have one simple, virtual, patient-centric way to resolve their healthcare issues, improving outcomes and reducing costs.Under the terms of the
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Hackensack Meridian Health Joins NJII’s Incubator to Develop & Launch Innovative Healthcare Solutions
Hackensack Meridian Health, New Jersey’s most comprehensive and integrated network of healthcare providers has become the first member of NJII’s Ideation Program for Healthcare. The incubation program is designed to develop and launch the next wave of innovative problem-solving in healthcare technology, products and services.NJII’s Ideation Center comprised of additional healthcare industry partners, leaders and other guests was formally unveiled to the public in April, specifically created as a
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M*Modal Expands AI Platform to Support Epic NoteReader CDI Module
M*Modal, a leading provider of clinical documentation and speech understanding is extending its AI platform to support the Epic NoteReader CDI module. M*Modal’s Computer-Assisted Physician Documentation (CAPD) technology delivers actionable support to physicians as they dictate or type the clinical note – either proactively before it is saved in the EHR using M*Modal Fluency Direct or after it is saved by using the Epic NoteReader CDI workflow.Requiring no additional steps or clicks from the
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Infographic: Patient Data In The Age of Technology
Effective data management provides a practical way to improve the performance of healthcare systems. Professionals in the healthcare sector can identify and correct problem areas in various ways. They need to collect, conduct a thorough analysis, interpret and respond to specific performance measures.The following infographic created by Duquesne University’s Online Doctor of Nursing Practice degree program illustrates how patient data is collected in the new of technology
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Salesforce Adds Empower & Concurrent Care Plans Features to Salesforce Health Cloud
CRM leader Salesforce has added two major features to Salesforce Health Cloud—Health Cloud Empower and Concurrent Care Plans—that enable healthcare professionals to better care for patients, whether at their homes or in clinical settings, and across multiple care plans. Salesforce Health Cloud is a cloud-based patient relationship management solution that allows health providers, payers and life science companies to put patients at the center of their care.Patients today expect to interact with
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UCHealth Launches Innovation Center to Develop AI-Powered Decision Support Solutions
Nonprofit health system UC Health has formed an innovation lab focused on developing more effective ways to use decision support science to reduce clinical variation, streamline provider workflows, enhance clinician decision making and improve overall patient care. The UCHealth CARE Innovation Center’s new Applied Decision Science Lab (ADSL) will collaborate with both internal and external innovators, as well as industry partners, to better understand how these stakeholders can both contribute
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