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Health IT | News, Analysis, Insights - HIT Consultant

Breaking the Vicious Cycle of Hospital Staffing

by Matt Dane, Senior Vice President, Business Development, Hallmark Health Care Solutions 09/10/2024 Leave a Comment

Breaking the Vicious Cycle of Hospital Staffing

Matt Dane, Senior Vice President, Business Development, Hallmark Health Care Solutions The healthcare labor market is in the middle of a fundamental shift. Healthcare workers are looking for greater flexibility and balance when it comes to their working arrangements, which poses significant challenges for nurse recruitment and retention. At the same time, traditional staffing models employed by large healthcare providers, which have heavily relied on staffing agencies to fill labor gaps, have
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Guardant Health Gemelli to Establish A Dedicated In-House Liquid Biopsy Testing Service in Italy

by Syed Hamza Sohail 09/10/2024 Leave a Comment

Guardant Health Gemelli to Establish A Dedicated In-House Liquid Biopsy Testing Service in Italy

What You Should Know: Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company, today announced a partnership with the Agostino Gemelli University Polyclinic Foundation IRCCS (“Policlinico Gemelli”) to establish an in-house liquid biopsy testing service as a part of its diagnostics services within its hospital system. Leveraging Guardant Health’s cutting-edge proprietary digital sequencing platform, this initiative will include on-site analysis of Guardant360® CDx liquid
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Panalgo Partners with COTA to Enhance AI & RWD-Enabled Cancer Care

by Fred Pennic 09/09/2024 Leave a Comment

FDA Extends RCA With COTA to Explore COVID's Effect on Cancer

What You Should Know:  - Panalgo, a provider of healthcare data analytics solutions, has announced a partnership with COTA, an organization focused on providing real-world data (RWD) for cancer care.  - The strategic collaboration will enable COTA to make its high-quality hematologic oncology data available through Panalgo's Instant Health Data Analytics (IHD) platform. Leveraging COTA's Real-World Data COTA's RWD is derived from electronic health records (EHRs) and offers
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Small Language Models vs. Large Language Models: Which is Better for Healthcare?

by Diego Espada, VP of Delivery, BairesDev 09/09/2024 Leave a Comment

Small Language Models vs. Large Language Models: Which is Better for Healthcare?

Large language models (LLMs) use AI to reply to questions in a conversational manner. Our friend ChatGPT is an LLM. It can reply to an uncapped range of queries because it taps into one billion or more parameters of data. Small language models (SLMs) are their pocket-sized cousins.  An SLM specializes in tasks associated with smaller, more focused datasets. For instance, a hospital could leverage an SLM to enhance clinical documentation. How? By training the SLM on the patient’s
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Highmark Covers AppliedVR’s RelieVRx for Chronic Back Pain

by Fred Pennic 09/09/2024 Leave a Comment

Highmark Covers AppliedVR's RelieVRx for Chronic Back Pain

What You Should Know:  - Highmark, a commercial health insurance plan, has announced coverage for RelieVRx, a virtual reality-based therapy for chronic low back pain.  - This landmark decision makes RelieVRx accessible to over four million Highmark members. A Breakthrough Treatment for Chronic Back Pain RelieVRx is a fully immersive VR experience designed to empower individuals with skills for managing chronic low back pain (CLBP). Clinically proven to reduce pain intensity
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3 Ways Post-Acute Placement Solutions Improve Transitions of Care

by Lane Wise, Director of Customer Success, ABOUT Healthcare 09/09/2024 Leave a Comment

3 Ways Post-Acute Placement Solutions Improve Transitions of Care

For patients, every transition of care to a different facility brings the risk of complications.  When a patient is transitioning from a hospital to a post-acute care facility, for example, essential patient information relating to medical history and medication lists may be lost, overlooked, or not shared, resulting in delays to treatment and suboptimal care.  Like many things in life, successful transitions of care often start with strong communication. To match patients to the
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Kipu Health Acquires Hatch Compliance to Enhance GRC Capabilities

by Fred Pennic 09/06/2024 Leave a Comment

Kipu Health Acquires Hatch Compliance to Enhance GRC Capabilities

What You Should Know:  - Kipu Health, a leading provider of behavioral health technology solutions, has announced the acquisition of Hatch Compliance.  - The strategic move strengthens Kipu's position as a comprehensive provider of solutions for behavioral health organizations, adding robust governance, risk, and compliance (GRC) capabilities to its existing offerings. Expanding Kipu's Comprehensive Platform Kipu has consistently delivered solutions that support the entire
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Centering The Patient in Value-Based Care Benefits

by Dr. Summerpal Kahlon, M.D., Chief Medical Officer, Edifecs 09/06/2024 Leave a Comment

Centering The Patient in Value-Based Care Benefits

Forty years ago, at the height of the AIDS epidemic, HIV researchers and physicians discovered that simply treating the symptoms of the disease was not enough to provide lasting improvement for patients. Other factors like unstable living conditions, drug use, the public stigma over AIDS and HIV – known today as social determinants of health – all require attention in addition to a traditional treatment plan. This holistic view of the patient and caring for their symptoms, treatments, and the
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Kain Capital Launches Kain Analytics to Advance Healthcare Automation

by Fred Pennic 09/06/2024 Leave a Comment

Kain Capital Launches Kain Analytics to Advance Healthcare Automation

What You Should Know:  - Kain Capital, a leading private equity firm focused on healthcare technology, has announced the formation of a subsidiary, Kain Analytics.  - This new venture aims to drive innovation and efficiency in the healthcare industry through advanced technology, data analysis, and workflow automation. A Team of Experts Kain Analytics is led by a team of experienced professionals with expertise in technology, data, and healthcare. Ashish Gupta, Kain's Chief
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WindRose Health Investors Invests in AI-Enabled Care Management MyndYou

by Fred Pennic 09/06/2024 Leave a Comment

WindRose Health Investors Invests in AI-enabled Care Management MyndYou

What You Should Know:  - WindRose Health Investors, a healthcare private equity firm, has announced a strategic investment in MyndYou, a provider of conversational AI solutions for healthcare.  - This investment marks the initial investment in WindRose's new strategy of building a next-generation population health management platform. Addressing the Healthcare Shortage The United States faces a growing shortage of healthcare professionals, coupled with an increasing demand
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Healthcare C-Suite Acknowledges AI Potential but Lacks Trust

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