What You Should Know:
- Boston Scientific Corporation (NYSE: BSX) announced a definitive agreement to acquire Silk Road Medical, Inc. (Nasdaq: SILK) for approximately $1.16 billion ($27.50 per share). Silk Road Medical is a leading innovator in minimally invasive stroke prevention technologies for patients with carotid artery disease.
- The acquisition strengthens Boston Scientific's position in the vascular medicine field, offering physicians a broader range of solutions for
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Digital Health | News, Analysis, Insights - HIT Consultant
AI in Healthcare: Enhancing Data Quality & Reducing Clinician Burden
Healthcare is on the cusp of a transformative era, with artificial intelligence (AI) and large language models (LLMs) demonstrating remarkable potential in streamlining clinical documentation, quality measurement, and medical coding. As these technologies mature, forward-thinking healthcare provider organizations are exploring ways to leverage AI to improve data quality, reduce clinician burden, and ultimately enhance patient care.
AI's Role in Clinical Documentation and Coding
AI, through
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Q/A: Experian Health’s CPO Talks State of Patient Access
Experian Health, a provider of solutions in revenue cycle management, identity management, patient engagement, and care management, plays a pivotal role in transforming the healthcare landscape. By leveraging advanced data analytics and innovative technology, Experian Health aids healthcare organizations in improving operational efficiency and enhancing patient access to care.
The company has just released its annual “State of Patient Access Survey,” which reveals a notable shift from last
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Athos Therapeutics Taps Vultr Cloud GPU to Power AI Drug Discovery Engine
What You Should Know:
- Vultr, the world’s largest, privately-held cloud computing platform, today announced that Athos Therapeutics, Inc. (“Athos”), a clinical-stage biotechnology company, has chosen Vultr Cloud GPU to run its AI model training, tuning, and inference.
- Powered by NVIDIA HGX H100 systems and running on Dell
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Upswing Health & Hinge Health Partner for Virtual Orthopedics
What You Should Know:
- Upswing Health, the surgeon-founded virtual orthopedic care company, today announced a partnership with Hinge Health, a company dedicated to transforming the way that musculoskeletal (MSK) conditions are prevented and treated, while lowering costs and improving outcomes.
- This collaboration aims to provide an integrated care experience for clients utilizing both Hinge Health and Upswing Health.
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Mika Health, AstraZeneca, and Daiichi Sankyo Partner on UNITE Program
What You Should Know:
- Mika Health, a leading developer of digital therapeutics for cancer patients, announced a collaborative initiative called "UNITE" alongside pharmaceutical giants AstraZeneca and Daiichi Sankyo.
- The strategic initiative signifies a commitment to cross-industry collaboration to enhance the lives of cancer patients and is expected to pave the way for AI-powered solutions in other disease areas.
Mika Health: A Proven Digital Therapeutic Platform
Mika
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Canopy Expands Real-Time Wearable Safety for Healthcare Workers Beyond Hospital Walls
What You Should Know:
- Canopy, the leading provider of wearable safety technology for healthcare workers, announced a significant expansion of its platform.
- The company unveiled two key innovations: Wear-1, a new wearable safety button, and Canopy Go, a home health solution. This expansion extends real-time safety support beyond hospital walls, protecting healthcare workers wherever they provide care.
Introducing Wear-1: A Durable and Discreet Safety Button
The new
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Healthcare Leaders Embrace Virtual Care and AI to Combat Staffing Crisis: Philips Future Health Index 2024
What You Should Know:
- A new report by Philips, the Future Health Index 2024, paints a concerning picture of the healthcare industry struggling with significant staffing shortages.
- The report, based on a survey of 3,000 healthcare leaders across 14 countries, reveals how this crisis is impacting both staff and patients.
Burnout and Backlogs: The Human Cost of Staff Shortages
The report reveals a concerning trend - nearly two-thirds (66%) of healthcare leaders report
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Color and Carrum Health Partner for End-to-End Cancer Care
What You Should Know:
- Color Health, a leader in comprehensive cancer care, and Carrum Health, known for their value-based cancer treatment programs form a startegic partnership to offer employers an end-to-end cancer program.
- By providing a seamless, cost-effective, and patient-centric experience, the end-to-end cancer program empowers employers to combat rising cancer rates and improve the overall health and well-being of their workforce.
The Deadly Reality of
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What Will It Take to Achieve Value From Digitally Enabled Diabetes Care?
A report from the Peterson Health Technology Institute (PHTI) found that many digital diabetes management platforms aren’t providing meaningful ROI for patients or the health system as a whole. Users of common technologies only see small, incremental clinical benefits, such as 0.23%–0.60% point reduction in HbA1c when compared to traditional care. Meanwhile, some health plans and employers are actually seeing an increase in overall costs as spending on these platforms can often
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