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Health IT | News, Analysis, Insights - HIT Consultant

Hospital Leaders Grapple with Workforce Shortages, Tech Risks, and Financial Pressures: FTI Consulting Survey

by Fred Pennic 06/19/2024 Leave a Comment

What You Should Know:  - FTI Consulting's inaugural Hospital Operations Outlook Survey paints a picture of a healthcare industry navigating a complex post-pandemic environment. While hospitals strive to meet the evolving needs of patients and communities, they grapple with significant challenges, including workforce shortages, financial pressures, and the ever-present threat of cyberattacks. - The FTI Consulting survey unveils the multifaceted challenges and opportunities facing
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WakeMed Deploys Real-Time Care Intelligence to Enhance Care Coordination

by Syed Hamza Sohail 06/19/2024 Leave a Comment

WakeMed Deploys Real-Time Care Intelligence to Enhance Care Coordination

What You Should Know: -              Bamboo Health, the leader in Real-Time Care Intelligence™, has teamed up with WakeMed, a nationally recognized 970-bed not-for-profit health care system founded and based in Raleigh, N.C., to enhance care collaboration and further improve patient care outcomes. -              By integrating a suite of cohesive Bamboo
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Telepsychiatry Practice Talkiatry Secures $130M to Expand Value-Based Mental Healthcare Model

by Fred Pennic 06/18/2024 Leave a Comment

Telepsychiatry Practice Talkiatry Secures $130M to Expand Value-Based Mental Healthcare Model

What You Should Know:  - Talkiatry, a leading provider of high-quality, in-network psychiatric care raises $130M led by Andreessen Horowitz (a16z) with participation from Perceptive Advisors and debt financing from Banc of California.  - Talkiatry boasts in-network status with over 60 health plans, including major insurers like Aetna, Blue Cross Blue Shield, and United Healthcare. This covers over 70% of commercially insured individuals in the US.  - With this new
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Salesforce Launches AI-Powered Life Sciences Cloud for Pharma and MedTech

by Fred Pennic 06/18/2024 Leave a Comment

Salesforce Launches AI-Powered Life Sciences Cloud for Pharma and MedTech

What You Should Know:  - Salesforce announced the general availability of Life Sciences Cloud, a platform for pharmaceutical (pharma) and medical technology (medtech) organizations to help personalize patient and healthcare professional (HCP) engagement and streamline clinical operations with data, automation, and trusted AI. - By harnessing the power of AI and automation, it empowers pharma and medtech companies to streamline operations, improve patient care, and ultimately
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Healthcare Leaders Embrace Virtual Care and AI to Combat Staffing Crisis: Philips Future Health Index 2024

by Fred Pennic 06/18/2024 Leave a Comment

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

by Fred Pennic 06/18/2024 Leave a Comment

Color and Carrum Health Parnter 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?

by Tony Vahedian, CEO at CCS 06/18/2024 Leave a Comment

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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5 Trends to Combat Staff Shortages & Boost Healthcare Efficiency

by Michael Casamassa VP of Sales for Payor Solutions, Henry Schein Medical 06/18/2024 Leave a Comment

5 Trends to Combat Staff Shortages & Boost Healthcare Efficiency

The challenge of staff shortages in healthcare continues to remain persistent in the United States. To help mitigate what could be a long-term challenge, according to an article in TIME, institutions are staffing facilities with temporary health professionals due to rising turnover, fluctuations in demand, and evolving appreciation for work-life balance. Fortunately, in this dynamic healthcare landscape, some technologies continue to evolve, offering solutions to help address these ongoing staff
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Millie Maternity Clinic Delivers Promising Outcomes with Midwifery-Led, Tech-Enabled Model

by Jasmine Pennic 06/18/2024 Leave a Comment

Millie Maternity Clinic Delivers Promising Outcomes with Midwifery-Led, Tech-Enabled Model

What You Should Know:  - Millie, a modern maternity clinic, revealed promising maternal health outcomes from the first cohort of more than 150 births from its hybrid model that combines midwifery-led care, doulas, and OB-GYN support  Millie’s unique hybrid model, combining midwifery-led care, doula support, and OB-GYN collaboration, is showing significant improvements in maternal and newborn health, while also offering a cost-effective and accessible solution for expectant
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HHAeXchange Acquires Cashé to Strengthen Homecare Operations

by Jasmine Pennic 06/18/2024 Leave a Comment

HHAeXchange Acquires Cashé to Strengthen Homecare Operations

What You Should Know:  - HHAeXchange, a provider of homecare management solutions, announced its acquisition of Cashé Software, a Minnesota-based leader in homecare operations and billing software.  - The strategic acquisition unites two industry heavyweights, creating a powerhouse equipped to serve the ever-growing homecare market. Since 2004, Cashé has been a trusted partner for over 400 homecare agencies in Minnesota. The Booming Homecare Industry: A Need for
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