What You Should Know:
- A new study by Paytient, a provider of healthcare affordability solutions, sheds light on the surprising struggles of many Americans with employer-sponsored health insurance.
- The study, titled "The Hidden Lives of Workplace-Insured Americans," commissioned from independent research group Nonfiction, reveals a troubling reality – millions are effectively self-insured due to high deductibles, leading to delayed care, financial strain, and a negative impact on both
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Health IT | News, Analysis, Insights - HIT Consultant
Banner Health Taps Regard to Deploy AI-Powered Clinical Automation Across Enterprise
What You Should Know:
- Regard, a provider of AI-powered clinical automation for Electronic Health Records (EHRs), today announced a significant expansion of its partnership with Banner Health.
- The enterprise-wide agreement will see Regard's technology deployed across all 33 of Banner's acute-care hospitals in six states throughout 2024.
Building on a Successful Pilot
Building upon a successful pilot program launched in June 2022 at Banner Thunderbird Medical Center, Banner Health
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Arcadia and Vim Partner to Empower Providers/Payers with Actionable AI
What You Should Know:
- Arcadia (arcadia.io), a healthcare data platform, and Vim, a healthcare middleware company, announced a strategic partnership today to deliver actionable AI-driven insights to payers, providers, and care teams.
- The strategic partnership paves the way for further innovation. Arcadia's data platform will serve as a foundation for the development of new applications that integrate seamlessly with existing workflows. These apps have the potential to streamline various
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American Cancer Society, Color Health Expand Cancer Care Program for Employers and Unions
What You Should Know:
- The American Cancer Society (ACS) and Color Health announced today a significant expansion of their existing program, creating a first-of-its-kind comprehensive cancer solution for employers and labor unions. This enhanced program goes beyond screening and prevention to support employees and members throughout all stages of the cancer journey.
- The expanded program builds upon the existing collaboration between ACS and Color Health, which has already provided
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Rectangle Health Launches Technology Partnership Program
What You Should Know:
- Rectangle Health, a leading healthcare technology company, today announced the launch of its Technology Partnership Program (TPP). This program aims to empower healthcare providers by fostering collaboration with best-in-class digital health companies.
- By collaborating with leading healthcare technology firms through TPP, Rectangle Health aims to enhance the accessibility of valuable tools for providers and organizations, ultimately opening new avenues for growth
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FOLX Health Appoints Greg Sottolano as Chief People Officer
What You Should Know:
- FOLX Health, the first of its kind, nationwide LGBTQIA+ digital healthcare service provider, built to serve the community’s specific needs appoints Greg Sottolano as Chief People Officer.
- As Chief People Officer, Greg will be responsible for HR, L&D and Internal Communications and will be focused on developing best-in-class talent across clinical and headquarters staff and enhancing the company culture.
- The strategic hire will support FOLX Health’s
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Unlocking the Potential of Value-Based Care with AI
The momentum of value-based care (VBC) is poised to accelerate. The Centers for Medicare and Medicaid Services (CMS) has outlined an ambitious objective: to transition all traditional Medicare beneficiaries into a VBC arrangement by 2030, a notable increase from the mere 7% recorded in 2021 by Bain Research. As more plans, providers and members enter VBC arrangements, substantial volumes of clinical data will need to be managed effectively to oversee patient risk and care quality.
The
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Rise of Retail Healthcare: Challenges and Opportunities for Payers
Healthcare delivery continues to evolve to meet ever-changing patient demands. Over the years, rural doctors who historically performed house calls have been replaced with regional physician groups and community hospitals that are owned and managed by large health systems with multiple locations. Nearly 70% of physicians now work for a corporate entity instead of private practices. Telehealth visits increased 26x during the COVID-19 pandemic and have since leveled off, but are still a preferred
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HIMSS24 Roundup: M&A, Strategic Partnerships, Deployments, Product Launches, Funding, More
Strategic Partnerships
New Consortium Aims to Ensure Responsible Use of AI in Healthcare
A new initiative, the Trustworthy & Responsible AI Network (TRAIN), was announced at the HIMSS 2024 Global Health Conference. Through collaboration, TRAIN members will help improve the quality, safety, and trustworthiness of AI in health by sharing best practices, enabling registration of AI used for clinical care or clinical operations, providing tools to enable measurement of outcomes
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Strengthening Healthcare IT Infrastructure: A Wake-Up Call for Cybersecurity Resilience
The recent cyberattack on Change Healthcare highlights the healthcare industry’s vulnerability when threatened with criminal attempts to disrupt technology and operations. The ransomware strike caused a chain reaction among healthcare providers, where payment systems were disrupted, cash flow halted, and—worst of all—patient safety was put in jeopardy.
For many healthcare providers, the incident reinforced the reality that cyberattacks targeted outside their organizations
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