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Health IT | News, Analysis, Insights - HIT Consultant

Harnessing AI to Navigate the Shifting Landscape of Member Engagement

by Amanda Bury, Chief Commercial Officer at Infermedica 09/20/2024 Leave a Comment

Harnessing AI to Navigate the Shifting Landscape of Member Engagement

The healthcare landscape continues to evolve rapidly, driven by advancements in technology and the ongoing shift towards alternative payment models. As payers navigate this increasingly complex environment, member engagement has emerged as a critical factor in ensuring the success of healthcare initiatives. Now, with the emergence of artificial intelligence (AI) in healthcare and value-based care, understanding and prioritizing member engagement has become more important than ever. Patient
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Ferrum Health Secures $16M for Vendor-Neutral AI Platform

by Fred Pennic 09/20/2024 Leave a Comment

Ferrum Health Secures $16M for Vendor-Neutral AI Platform

What You Should Know:  - Ferrum Health, a pioneering software provider enabling AI deployment in healthcare systems, raises $16M in Series A funding led by Foundry, with participation from Catalyst by Wellstar, Headwaters Ventures, UnitedHealthcare Accelerator, and existing investors including Blumberg Capital, Cercano, GSR, Urban Innovation Fund, and Singtel Innov8. This brings Ferrum Health's total funding to $31M. - This Series A funding will fuel Ferrum Health's expansion and
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Can Community Hospitals Weather the Financial Storm? What’s Needed

by Pete Heydt, President of PatientPay 09/20/2024 Leave a Comment

Can Community Hospitals Weather the Financial Storm? What’s Needed

A recent survey of community hospitals found nearly 70% rate their financial health as “average” or poor.” In this environment, community hospitals must take a fresh look at their approach to patient financial engagement to protect their ability to provide needed care. Hospital out-of-pocket collections declined sharply this year, down to nearly 48%, a Kodiak Solutions analysis shows. Moreover, more than half of write-offs — 53% — last year involved patients with some form of insurance,
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Vizient and Qualtrics Partner to Illuminate Patient Experience

by Syed Hamza Sohail 09/20/2024 Leave a Comment

Vizient and Qualtrics Partner to Illuminate Patient Experience

What You Should Know: -  Vizient, Inc. the nation’s largest healthcare performance improvement company, and Qualtrics, the leader and creator of the experience management category, today announced an innovative strategic partnership to employ experience metrics to transform the way healthcare organizations measure and improve performance. -  The partnership will help organizations more deeply understand relationships between quality, safety, and patient experiences. A New Approach to
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ECHO Model Proven Effective for Improving Diabetes Care in Rural Areas

by Jasmine Pennic 09/20/2024 Leave a Comment

Rural Healthcare

- A recent study has shed light on the significant potential of the ECHO Model in improving diabetes care in rural communities.  - The research, published in The Journal of General Internal Medicine, showed that rural healthcare providers participating in weekly ECHO telementoring sessions achieved comparable results to endocrinology specialists in academic medical centers when managing patients with diabetes. Significant Reduction in A1c Levels The study, which spanned five years
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Zynx Health, Innovaccer Partner to Deploy Evidence-Based Care Management

by Syed Hamza Sohail 09/20/2024 Leave a Comment

Zynx Health, Innovaccer Partner to Deploy Evidence-Based Care Management

What You Should Know: -  Zynx Health Incorporated, a leader in evidence-based clinical decision support solutions, and Innovaccer Inc., a leading healthcare AI company, today announced a strategic partnership to transform care management and population health. -  This alliance is set to significantly enhance clinical, financial, operational, and patient experience outcomes, addressing the most critical needs of healthcare providers. Zynx Health and Innovaccer Partnership: Driving
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Morehouse School of Medicine Tackles Cancer Disparities with AI-Driven Research

by Syed Hamza Sohail 09/20/2024 Leave a Comment

Morehouse School of Medicine Tackles Cancer Disparities with AI-Driven Research

What You Should Know: - Manifold, an AI-powered clinical data platform, announced that Morehouse School of Medicine (MSM) will leverage their platform to modernize cancer genomics data analysis and improve collaboration among multidisciplinary stakeholders. - With Manifold, the Institute of Translational Genomic Medicine (ITGM) at MSM is building a modern data foundation to accelerate cancer research—integrating multimodal sources like clinical outcomes, genomics, survey, and geospatial
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Labcorp Joins CommonWell Health Alliance to Advance Nationwide Health Data Exchange

by Fred Pennic 09/19/2024 Leave a Comment

Ascension Selects Labcorp to Manage Labs Across 10 States

What You Should Know:  - CommonWell Health Alliance, a prominent force in healthcare interoperability, is proud to announce Labcorp, a global leader in laboratory services, as its newest member.  -  By fostering collaboration and enabling the seamless exchange of clinical laboratory data, this partnership empowers healthcare providers to deliver more coordinated and efficient care, ultimately leading to improved patient outcomes. Labcorp's Commitment to
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The Critical Importance of Payer-Provider Collaboration Goes Beyond Prior Authorization

by Michael Drescher, Vice President of Payer Strategy, Xsolis 09/19/2024 Leave a Comment

The Critical Importance of Payer-Provider Collaboration Goes Beyond Prior Authorization

The critical need to improve prior authorization processes might have reached its tipping point on Jan. 17. That’s when the Biden administration announced its new mandate — the CMS Interoperability and Prior Authorization Final Rule — designed to effectively speed up the process for Medicare Advantage patients, providers and health plans. Speed is only one of many inefficiencies surrounding prior authorization. And prior authorization cases are only one slice of the patient
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Suki’s AI Assistant Expands to Over a Dozen Health Systems on MEDITECH Expanse

by Fred Pennic 09/19/2024 Leave a Comment

Suki’s AI Assistant Deploys at More than 12 New Health Systems Leveraging MEDITECH Integration

What You Should Know:  - Suki, a frontrunner in artificial intelligence (AI) technology for healthcare announced the deployment of its voice AI assistant in more than a dozen health systems utilizing MEDITECH Expanse, including St. Mary's Healthcare and Decatur County Memorial Hospital.  - Suki's expansion into more than a dozen health systems on MEDITECH Expanse demonstrates the increasing adoption of AI technology in healthcare.  Seamless Integration with MEDITECH
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