The value-based care market is projected to grow to $174 billion by 2032, according to a MarketResearch.biz report released recently. As the march to VBC accelerates, there are operational, financial, data complexity/accessibility, and technology-related challenges that need to be overcome to implement value-based programs and to scale them for mass adoption.
Existing medical data is not fully exploited for analytics and risk score computation because of three main reasons:
Unstructured
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Digital Health | News, Analysis, Insights - HIT Consultant
Breaking Down NLP & Generative AI: How It’s Most Useful to Clinicians Today
Over the last year, the term “Generative AI” has exploded on the healthcare scene, with health and social systems trying to determine if and how they can incorporate the newest tech trend into their day-to-day practice to streamline and improve operations, and ultimately improve patient care.
But most organizations have decided to take a measured approach and see how the hype plays out – they have decided to proceed thoughtfully and with diligence before viewing Generative AI as the panacea
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Mayo Clinic, Aiforia Partner on AI Model for Colorectal Cancer Recurrence
What You Should Know:
- In a groundbreaking collaboration, Aiforia, an AI company specializing in pathology solutions, and Mayo Clinic have announced the exclusive licensing of a revolutionary AI model that improves the prediction of colorectal cancer recurrence.
- The successful development and licensing of this AI model marks a significant milestone in the fight against colorectal cancer. As this technology becomes integrated into clinical practice, it has the potential to transform the
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Nabla’s AI Assistant Gets $24M Boost to Combat Clinician Burnout and Streamline Care
What You Should Know:
- Nabla, a Boston, MA-based ambient AI assistant for healthcare professionals, announced today the initial close of a $24M Series B funding round led by Cathay Innovation, with participation from ZEBOX Ventures.
- The latest round of funding brings Nabla's total funding to over $43M and fuels its mission to revolutionize healthcare delivery by empowering clinicians and improving patient care.
Easing the Burden of EHRs:
Clinicians often cite managing the
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Healthy.io Appoints Geoff Martin as CEO to Drive Commercial Expansion and Global Impact
What You Should Know:
- Healthy.io, the pioneer of smartphone-powered at-home kidney testing, announced Geoff Martin, a seasoned healthcare executive, will take the reins as CEO, while founder Yonatan Adiri transitions to the role of President.
- This move marks a pivotal moment for the company as it enters a new phase of growth, aiming to expand its reach and impact on global healthcare.
Martin's Proven Track Record for Growth
Geoff Martin brings extensive experience in
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Dental AI Revolutionizes Oral Health: VideaHealth Receives Landmark FDA Clearance
What You Should Know:
- In a landmark moment for dentistry, VideaHealth, the leading dental AI platform, has secured FDA 510(k) clearance for Videa Dental Assist, a groundbreaking tool equipped with over 30 AI algorithms.
- This clearance marks a watershed moment, granting VideaHealth the distinction of being the first dental AI company to offer insights for virtually every major dental disease, including pediatric conditions.
Transforming Dental Care
Videa Dental Assist's
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6 Ways AI is Impacting Cancer Diagnosis, Treatment and Patient Outcomes in 2024
Artificial intelligence (AI) technology is set to transform the field of diagnostics, similar to how X-rays and genetic tests revolutionized healthcare in the past. Reshaping routine diagnostic procedures and treatment decisions and propelling pharmaceutical and research domains into new realms, AI offers significant benefits to clinicians, healthcare systems, researchers, and, most importantly, patients. This is particularly evident in cancer diagnosis and treatment across six key areas:
1.
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MultiPlan Taps Healthcare Tech Veteran Travis Dalton as New CEO to Fuel Growth
What You Should Know:
- MultiPlan Corporation (NYSE: MPLN), a provider of data analytics and technology-enabled healthcare cost management solutions, announced today that Travis Dalton will become its new President and CEO on March 1, 2024.
- He succeeds Dale White, who will transition to the role of Executive Chair, while current Chair Mark Tabak will remain on the Board of Directors.
Dalton's Proven Track Record in Healthcare Technology
Bringing over 20 years of experience in
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Arbital Health Acquires Actuarial Firm & Secures $10M for Value-Based Care Adjudication
What You Should Know:
- Arbital Health, a rising star in the value-based care space, announced a significant double play today, acquiring leading actuarial firm Santa Barbara Actuaries and securing $10 million in Series A funding led by Transformation Capital.
- This strategic move positions Arbital Health as a major player in accelerating the healthcare industry's transition to a more outcome-driven model.
Building the Infrastructure for Value-Based Care
Founded in November 2023 by
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Lilly Simplifies Chronic Disease Management with New Digital Platform: LillyDirect
What You Should Know:
- Eli Lilly and Company (NYSE: LLY) announced today the launch of LillyDirect™, a comprehensive digital healthcare platform designed to empower patients living with obesity, migraine, and diabetes in the U.S. This innovative initiative aims to simplify chronic disease management by offering convenient resources, personalized support, and direct home delivery of select Lilly medications.
Key Features of LillyDirect
LillyDirect Pharmacy Solutions: This digital
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