What You Should Know:
- The digital health sector maintained its "small but mighty" trajectory in Q3 2024, characterized by disciplined investments and strategic activities, according to Rock Health’s Q3 Digital Health Funding report.
- While deal counts decreased compared to previous quarters, average investment sizes remained steady, indicating a shift towards more focused funding. This trend, coupled with strategic acquisitions and a focus on enhanced
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Health IT | News, Analysis, Insights - HIT Consultant
DiMe, Google, Mayo Clinic Partner to Optimize AI Implementation in Healthcare
What You Should Know:
- The Digital Medicine Society (DiMe) is launching a new collaboration with Google and Mayo Clinic to address the critical need for best practices and implementation strategies for artificial intelligence (AI) in healthcare.
- The partnership recognizes the transformative potential of AI while acknowledging the current gap between technological advancements and real-world integration.
Bridging the Implementation Gap
While significant investment and
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Cedars-Sinai Joins Study to Address Cancer Disparities in Asian Americans
What You Should Know:
- Cedars-Sinai Cancer is taking a major step towards addressing health disparities by participating in the largest-ever national study focused on cancer risk factors in Asian Americans.
- The initiative, funded by the National Cancer Institute, aims to uncover the reasons behind the disproportionately high rates of cancer within various Asian American communities.
Uncovering the Causes of Cancer Disparities
The study, which plans to enroll 20,000
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The Impact of Private Equity Consolidation in Healthcare
On a brisk 2023 October morning at St. Elizabeth’s Medical Center in Boston, Sungida Rashid and her husband Nabil held their newborn daughter for the first time. Rashid soon began to experience severe complications, including bleeding of the liver. This normally would be treated with embolization coils; however, the manufacturer had retrieved all coils at the hospital weeks before because Steward hadn't paid its bills. According to a lawsuit filed that same month by the manufacturer,
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The Vital Role of Hybrid Unified Communications in Healthcare Organizations
Hospitals and healthcare clinics are among the most complex technological ecosystems to manage. Staff and patients demand timely, secure, and dependable communication, while administrators often face shrinking budgets and increased regulatory oversight.
Today’s hybrid unified communications (UC) platforms are uniquely positioned to address these challenges. They allow healthcare organizations to optimize their infrastructure and investments while maintaining data security. Modern
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Hospital M&A Activity Surges in Q3 2024, Driven by Steward Health Care Bankruptcy and Mega Mergers
What You Should Know:
- The hospital and health system merger and acquisition (M&A) market experienced a significant surge in activity during the third quarter of 2024, reaching its highest level since 2017, according to Kaufman Hall’s latest M&A report.
- Kaufman Hall’s M&A report reveals this surge was largely fueled by the Steward Health Care bankruptcy and a series of "mega mergers" involving prominent health systems.
Steward Health Care Bankruptcy Drives
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FTC May Intervene in Epic Systems Antitrust Lawsuit
What You Should Know:
- During a visit to Wisconsin focused on corporate consolidation in the grocery industry, Federal Trade Commission (FTC) Chairwoman Lina Khan addressed questions about potential FTC involvement in an antitrust lawsuit against Verona-based Epic Systems, WKOW first reports.
- Khan’s visit included a listening session in Baraboo and a press conference alongside Rep. Mark Pocan (D-Black Earth) to address concerns about corporate consolidation in the grocery store
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Navigating 2024 Healthcare Challenges: Policy, AI, and the Road Ahead
Now that we’re halfway through 2024, we’ve gained significant insights into the most pressing healthcare issues facing our industry and how they might shape the future. From regulatory hurdles to technological advancements, our sector is at a pivotal juncture, and understanding these dynamics will be crucial for all stakeholders involved.
Here are some of these key challenges and explore the strategies that could help guide us through the rest of the year.
Challenges on the Horizon:
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From TikTok to the Frontline: The Unsung Heroes of Healthcare Strike Management
Last summer, Mireya Bustamante, BSN, RN, had more than 51,000 TikTok followers and 4.4 million likes across her videos when she posted a TikTok about her time as a travel nurse. The 35-second clip showed Ms. Bustamante flying into an unspecified city where staff nurses were striking. In the clip, Ms. Bustamante said, "Strike contracts are a pretty quick turnaround, so you must be ready to go. You also have to be extremely adaptable and flexible."
A quick, seemingly innocuous video that you
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Trilliant Health Report Reveals Troubling Trends in US Healthcare: Costs Soaring, Health Declining
What You Should Know:
- A new report from Trilliant Health paints a grim picture of the US healthcare system, highlighting escalating costs and worsening health outcomes despite increased spending.
- The 2024 Trends Shaping the Health Economy Report serves as a wake-up call for the US healthcare system. It underscores the urgent need for stakeholders to address the unsustainable cost trajectory and prioritize initiatives that genuinely improve health outcomes.
Key
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