What You Should Know:
- Siemens Healthineers and The Ohio State Wexner Medical Center have expanded their long-standing collaboration to establish a 10-year, $105M Value Partnership.
- The strategic alliance aims to drive innovation in medical imaging, artificial intelligence (AI), and machine learning, ultimately transforming care delivery and improving patient outcomes.
Accelerating Innovation in Healthcare
The partnership will leverage Siemens Healthineers' expertise
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Health IT | News, Analysis, Insights - HIT Consultant
Cofactor AI Nabs $4M to Combat Hospital Claim Denials with AI
What You Should Know:
- Hospitals across the country are facing an ever-increasing onslaught of claims denials from insurance companies, with denials up 20.2% in 2023, according to the American Hospital Association. These denials – triggered by AI and often error-prone – cost hospitals $20 billion a year in administrative bloat and reduce patients’ access to quality care.
- To help hospitals fight back, Cofactor AI today introduced a new first-of-its-kind AI-powered
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Bed Shortages: How AI Can Help Reduce Length of Stay in Hospitals
Length of stay management in acute care facilities represents a critical frontier for providers and payers to improve their own bottom lines, and also improve patients’ experience with the healthcare system.
Let’s take a closer look at how today’s systemic inefficiencies arose, and how collaboration within provider networks, and between payers and providers, might improve length-of-stay procedures and inefficiencies in the future.
Acute care facility bed shortages, and how they
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AI in Healthcare: Balancing Automation with Human Expertise
AI holds immense promise in healthcare, from improving patient care and operational efficiency to early disease detection and personalized treatment plans. AI's potential in a patient-centered environment hinges on understanding its capabilities, limitations, and the critical role of human oversight. While AI can greatly enhance human abilities, it is not infallible and cannot replace human expertise. Recognizing and preparing for AI's predictable (and unpredictable) outputs, ensuring
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Veradigm Launches AI-Powered Ambient Scribe to Ease Documentation Burden for Healthcare Providers
What You Should Know:
- Veradigm, a provider of healthcare data and technology solutions, has announced the launch of Veradigm Ambient Scribe, an AI-powered platform designed to reduce the administrative burden on healthcare providers.
- Powered by AvodahMed, the innovative solution uses ambient listening technology to automatically capture and transcribe patient-provider interactions, freeing up clinicians to focus more on patient care.
Reducing Administrative Burden with
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Zarminali Health Raises $40M to Transform Pediatric Care with Integrated Approach
What You Should Know:
- Zarminali Health, a new pediatric healthcare provider, has secured $40M in seed funding to revolutionize the delivery of primary and specialty care for children led by General Catalyst.
- Zarminali Health is poised to transform the pediatric healthcare landscape by providing a modern, integrated, and patient-centric approach to care. The innovative model has the potential to improve health outcomes for children, reduce clinician burnout, and
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Xsolis Leads in Client Satisfaction for Physician Advisory Services, KLAS Report Finds
What You Should Know:
- A new KLAS Research report examines the key drivers of client satisfaction in the physician advisory services market, highlighting the importance of accuracy, timeliness, strong relationships, and specialized service lines.
- KLAS names Xsolis as a leader in overall client satisfaction among physician advisory services firms in helping healthcare providers navigate the complexities of regulatory and payer requirements.
Key Drivers of Client
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Revitalizing Medicare Advantage: How The Push to Streamline Prior Authorization Will Impact Senior Care
As a physician, the odds that you’ve had a negative experience related to the prior authorization process are (unfortunately) highly likely. According to the American Medical Association’s (AMA) 2023 Prior Authorization Physician Survey, 1 in 4 physicians report that prior auths “have led to a serious adverse event for a patient in their care.” Think about the toll that this takes on professionals whose primary job is providing lifesaving care, and the thing preventing this care is outside their
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PCI DSS 4.0: A Guide to API Security for Healthcare Organizations
In recent years, several major health information exchange platforms in the United States have fallen victim to ransomware attacks. These platforms play a crucial role in U.S. healthcare infrastructure, facilitating the flow of patient records and managing payments for extensive networks of providers, including hundreds of thousands of doctors, tens of thousands of pharmacies, thousands of hospitals, and hundreds of laboratories. Some of these systems process billions of claims annually,
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Tassat, Veuu Partner to Streamline Healthcare Claims and Payments with Blockchain
What You Should Know:
- Tassat Group, Inc., the leading provider of private permissioned blockchain-based real-time settlement solutions, today announced its strategic partnership with Veuu, an innovative AI-powered healthcare fintech company, to improve the inefficiencies and opaqueness plaguing the healthcare claims and payment process.
- Leveraging Tassat’s smart contract capabilities, this collaboration empowers Veuu with a solution to provide greater confidence in the traceability
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