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Health IT | News, Analysis, Insights - HIT Consultant

DexCare Secures Strategic Investments from Tampa General, Community Health Network, Texa Health

by Fred Pennic 06/12/2024 Leave a Comment

DexCare Secures Strategic Investments from Tampa General, Community Health Network, Texa Health

What You Should Know:  - DexCare, Inc., a provider of care orchestration platforms for health systems, announced today the addition of three strategic investors: Community Health Network, Tampa General Hospital, and Texas Health Resources.  - These new partners join DexCare's impressive roster of existing health system investors, including Providence, Kaiser Permanente, and Mass-General Brigham. Industry Backing Fuels Growth This strategic investment, led by ICONIQ Growth
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Koda Health Secures Funding to Expand Advance Care Planning Capabilities

by Fred Pennic 06/12/2024 Leave a Comment

Koda Health Secures Funding to Expand Advance Care Planning Capabilities

What You Should Know:  - Koda Health, a pioneer in digital Advance Care Planning (ACP), today announced the successful closing of an oversubscribed Seed+ funding round led by Ecliptic Capital with strategic investment from Memorial Hermann Health System, AARP and the Texas Medical Center (TMC) Venture Fund. - Koda Health, founded in 2020 by Dr. Tatiana Fofanova, Dr. Desh Mohan, and Katelin Cherry, emerged from the Texas Medical Center's (TMCi) Biodesign program. This program fosters
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First Successful Implant of FDA-Approved Duo Venous Stent System Offers New Hope for Chronic Venous Insufficiency Patients

by Fred Pennic 06/12/2024 Leave a Comment

First Successful Implant of FDA-Approved Duo Venous Stent System Offers New Hope for Chronic Venous Insufficiency Patients

What You Should Know:  - A new era in the treatment of chronic venous insufficiency (CVI) began on June 11th, 2024, with the successful implantation of the Philips Duo Venous Stent System outside of a clinical trial setting.  - Dr. Erin Murphy, a leading vascular surgeon at Atrium Health's Sanger Heart & Vascular Institute, performed the procedure, marking a significant milestone for patients suffering from this debilitating condition. CVI: A Common Yet Complex
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Healthcare’s Data Deluge is Intensifying Misdiagnosis

by Eli Ben-Joseph, co-founder and CEO of Regard 06/12/2024 Leave a Comment

Healthcare's Data Deluge is Intensifying Misdiagnosis

In 2019, my aunt was admitted to the hospital with heart failure. It was a harrowing experience for everyone involved.  My family, desperate for answers, waited for hours for a doctor to check-in. When they finally did, their time was limited and felt rushed. But the whole time, we couldn’t shake the uncomfortable feeling that we were nuisances, that our welcome had run its course. We were stuck in that cycle for days until my aunt was deemed stable enough to be discharged. Except she
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Streamlining Behavioral Health: Mercy Health Cuts ED Stays in Ohio by 64%

by Fred Pennic 06/12/2024 Leave a Comment

What You Should Know:  - A collaborative effort between Conduit Health Partners and Mercy Health – Springfield Regional Medical Center has yielded significant improvements in behavioral health patient care.  - The behavioaral health initiative, focused on streamlining transfers from the emergency department (ED) to appropriate care settings, has resulted in a remarkable 64% reduction in ED length of stay for these patients. The Challenge: Rising Need, Strained
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HEALWELL AI Acquires VeroSource for $24.5M to Bolster AI-Powered Preventative Care Platform

by Fred Pennic 06/11/2024 Leave a Comment

HEALWELL AI Acquires VeroSource for $24.5M to Bolster AI-Powered Preventative Care Platform

What You Should Know:  - HEALWELL AI (TSX: AIDX), a leader in AI-powered preventative healthcare, announced today it has agreed to acquire VeroSource Solutions Inc., a healthcare technology company focused on data solutions and digital healthcare platforms.  - The acquisition, valued at approximately $24.5M, is expected to significantly enhance HEALWELL's capabilities in early disease detection and improve patient outcomes. By combining HEALWELL's AI expertise with VeroSource's data
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Navigating the Digital Front Door: Overcoming Friction in New Patient Registration

by Scott Heatherly, VP of Sales at Amenities Health 06/11/2024 Leave a Comment

Navigating the Digital Front Door: Overcoming Friction in New Patient Registration

In today's fast-paced digital age, traditional healthcare systems are under growing pressure to adapt their digital front-door strategies to meet the ever-changing needs of consumers. However, friction points stemming from the limitations of existing Electronic Health Record (EHR) systems often stand in the way of progress, particularly as it relates to consumers who are attempting to register as new patients at health systems.  Electronic Health Record (EHR) systems are the cornerstone of
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DeepScribe AI Cuts Clinician Documentation Time at Texas Oncology

by Syed Hamza Sohail 06/11/2024 Leave a Comment

DeepScribe AI Cuts Clinician Documentation Time at Texas Oncology

What You Should Know: -              DeepScribe, a leader in ambient AI clinical documentation technology, is proud to announce its collaboration with Texas Oncology, a community-based oncology practice that covers most of Texas. -              Nearly 1,000 clinicians at more than 280 Texas Oncology locations will have the opportunity to use DeepScribe’s
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Tampa General Hospital Deploys AI Tools to Reduce Burnout, Bost Patient Experience

by Fred Pennic 06/11/2024 Leave a Comment

Tampa General Hospital Deploys AI Tools to Reduce Burnout, Bost Patient Experience

What You Should Know:  - Tampa General Hospital (TGH) is embracing artificial intelligence (AI) to streamline documentation workflows and empower physicians to focus on what matters most – their patients. - While thorough documentation is crucial for high-quality care, the process can be time-consuming and detract from valuable patient interactions. To address this challenge, TGH has partnered with Nuance to implement DAX Copilot, an innovative AI-powered solution. DAX Copilot:
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JAMA: Traditional Medicare Is, In Fact, The Failure

by Fred Pennic 06/11/2024 Leave a Comment

JAMA: Traditional Medicare Is, In Fact, The Failure

What You Should Know:  - A new article published in JAMA Internal Medicine reignites the debate about Medicare Advantage and traditional Medicare.  - Dr. Sachin H. Jain, CEO of SCAN Group and SCAN Health Plan, argues in favor of Medicare Advantage, while Drs. Adam Gaffney, David Himmelstein, and Steffie Woolhandler advocate for traditional Medicare. Traditional Medicare: Lower Costs, Fewer Benefits Traditional Medicare offers beneficiaries lower premiums, but it comes with
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