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Health IT | News, Analysis, Insights - HIT Consultant

Canvas Medical Launches Hyperscribe, an Open Source AI Copilot for Clinicians

by Syed Hamza Sohail 03/19/2025 Leave a Comment

Canvas Medical Launches Hyperscribe, an Open Source AI Copilot for Clinicians

What You Should Know: - Canvas Medical, the EMR company accelerating everyday medicine, today announced the launch of Hyperscribe, an open source artificial intelligent (AI) copilot that uses ambient audio to write clinical documentation and orders collaboratively with other AI agents. -  Built with the Canvas software development kit (SDK), Hyperscribe leverages instant access to complete patient medical data, continuous real-time event streams and agentic control of the Canvas
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Using AI to Drive Strategic Surgical Growth in Hospital Operations

by David Atashroo MD, Chief Clinical Officer, Qventus 03/17/2025 Leave a Comment

Using AI to Drive Strategic Surgical Growth in Hospital Operations

Perioperative services at better-performing hospitals can contribute up to 68% of a hospital’s revenue, and up to 60% of a hospital’s operating margin. So, it’s not surprising that health system executives are laser-focused on increasing efficiency and utilization.  However, in the pursuit of higher profit margins, many executives are committing a fatal flaw that actually limits their opportunity to foster sustainable, significant expansion: pinning their growth goals on a hope strategy,
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5 Million Adults Could Lose Medicaid Under Work Requirements in 2026

by Fred Pennic 03/17/2025 Leave a Comment

5 Million Adults Could Lose Medicaid Under Work Requirements in 2026

What You Should Know:  - Proposed work requirements for Medicaid could lead to millions of Americans losing their health insurance, according to a new analysis by the Urban Institute with support from the Robert Wood Johnson Foundation.   - The analysis projects that 4.6 to 5.2 million adults living in states that expanded Medicaid could lose their coverage in 2026 if work requirements are enacted.  Key Findings Researchers caution that if work requirements were applied to
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Bharat Sundaram Named CEO of Hallmark

by Healthcare Executive Hires 03/17/2025 Leave a Comment

Bharat Sundaram Named CEO of Hallmark

What You Should Know:  - Hallmark, a prominent healthcare workforce management technology company, has announced  the appointment of Bharat Sundaram as its new Chief Executive Officer.   - Sundaram succeeds Bruce Cerullo, who will remain on the Board of Directors and serve as a Strategic Advisor to the company. Sundaram Bio/Background Bharat Sundaram is described as a seasoned healthcare technology executive with extensive experience gained from roles at Vizient,
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Nimblemind.ai Secures $2.5M for AI-Powered Data Infrastructure Platform

by Jasmine Pennic 03/17/2025 Leave a Comment

Nimblemind.ai Secures $2.5M for AI-Powered Data Infrastructure Platform

What You Should Know:  - Nimblemind.ai, an innovative AI-powered data infrastructure platform secures $2.5M in funding led by Bread & Butter Ventures, with participation from prominent investors including Great Oaks Venture Capital, SpringTime Ventures, Stone Mountain Ventures, Victorum Capital, Techstars, and strategic healthcare angel investors. - The  funding will enable Nimblemind.ai to further develop its technology and expand its reach, making healthcare data
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Walgreens PE Buyout Heavily Reliant on 83% Debt, Raising Concerns About Financial Stability

by Fred Pennic 03/14/2025 Leave a Comment

Walgreens, Pearl Health Partner to Expand Value-Based Care Delivery

What You Should Know:  - The recent acquisition of Walgreens Boots Alliance by private equity firm Sycamore Partners is drawing scrutiny due to the high level of debt financing involved and questions surrounding Sycamore's equity commitment. - According to a Securities and Exchange Commission (SEC) filing, 83.4% of the financing for the Walgreens buyout is debt, totaling $22.5B. This is more than double the average debt level (41%) used in private equity acquisitions last
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Hospitals Face Mounting Supply Chain Crisis, Survey Reveals

by Fred Pennic 03/14/2025 Leave a Comment

Hospitals Face Mounting Supply Chain Crisis, Survey Reveals

What You Should Know:  A new survey from symplr®, a provider of enterprise healthcare operations software, reveals the escalating challenges and shifting priorities facing U.S. hospitals and health systems in their supply chains. The 2025 State of Healthcare Supply Chain Survey, which polled nearly 100 healthcare supply chain leaders, highlights a landscape where disruptions have surpassed cost concerns, patient outcomes are a top priority, and a skills gap is hindering
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Executive Insights: 4 Key Takeaways from HIMSS and ViVE 2025

by Dr. Aaron Neinstein, Chief Medical Officer at Notable 03/14/2025 Leave a Comment

Executive Insights: 4 Key Takeaways from HIMSS and ViVE 2025

The health tech industry is undergoing a fundamental transformation as AI-powered automation shifts from a futuristic vision to an immediate necessity. After attending HIMSS 2025 and ViVE 2025, two of the industry’s most important gatherings, and having the opportunity to meet with dozens of friends and colleagues across the industry, I think a clear picture is emerging. Something stood out at this year’s events — I’ll call it a vibe shift. A year ago, every panel, booth conversation, and
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5 Years After The Chaos of COVID-19 Comes A New Era of AI Innovation

by Steve Miff, PhD, President & CEO of PCCI 03/14/2025 Leave a Comment

5 Years After The Chaos of COVID-19 Comes A New Era of AI Innovation

Five years ago this week, the COVID-19 pandemic threw our world into chaos. But that chaos also sparked an opportunity and a drive to accelerate innovation, through leveraging artificial intelligence with clinical knowledge in unprecedented ways. The results of these Covid-driven efforts have led to a fuller understanding of our community’s health, enabling the initiation of care further upstream and enhancing management of resources and costs in ways benefiting both patients and providers. I
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Why Data Governance Is the #1 Non-Negotiable for Healthcare AI

by Daniel Vieira Viveiros, SVP, Data and Analytics at CI&T 03/14/2025 Leave a Comment

Why Data Governance Is the #1 Non-Negotiable for Healthcare AI

Smoother clinical workflows. Powerful decision support. Faster R&D. AI holds lots of promise for healthcare orgs – and the last few years have seen a surge of investment as leaders race to train and implement new models. But healthcare AI initiatives are only as good as the data they're built on. Put differently, they rely on good data governance. Here are two of the biggest barriers to effective governance – and how healthcare orgs can overcome them to achieve their AI
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