Healthcare is on the cusp of a transformative era, with artificial intelligence (AI) and large language models (LLMs) demonstrating remarkable potential in streamlining clinical documentation, quality measurement, and medical coding. As these technologies mature, forward-thinking healthcare provider organizations are exploring ways to leverage AI to improve data quality, reduce clinician burden, and ultimately enhance patient care.
AI's Role in Clinical Documentation and Coding
AI, through
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Health IT | News, Analysis, Insights - HIT Consultant
Alarming Nurse Shortage Threatens Healthcare System, But Solutions Emerge
What You Should Know:
- A new report by Incredible Health, the leading platform for connecting nurses with healthcare employers, paints a concerning picture of the American healthcare system. The report, titled "2024 Healthcare Executive Report," reveals a crisis brewing – a deepening shortage of nurses that threatens patient care.
- The US healthcare system is projected to face a staggering shortage of 1 million nurses by 2030. This alarming gap stems from a growing patient
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Q/A: Experian Health’s CPO Talks State of Patient Access
Experian Health, a provider of solutions in revenue cycle management, identity management, patient engagement, and care management, plays a pivotal role in transforming the healthcare landscape. By leveraging advanced data analytics and innovative technology, Experian Health aids healthcare organizations in improving operational efficiency and enhancing patient access to care.
The company has just released its annual “State of Patient Access Survey,” which reveals a notable shift from last
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Hospital Leaders Grapple with Workforce Shortages, Tech Risks, and Financial Pressures: FTI Consulting Survey
What You Should Know:
- FTI Consulting's inaugural Hospital Operations Outlook Survey paints a picture of a healthcare industry navigating a complex post-pandemic environment. While hospitals strive to meet the evolving needs of patients and communities, they grapple with significant challenges, including workforce shortages, financial pressures, and the ever-present threat of cyberattacks.
- The FTI Consulting survey unveils the multifaceted challenges and opportunities facing
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WakeMed Deploys Real-Time Care Intelligence to Enhance Care Coordination
What You Should Know:
- Bamboo Health, the leader in Real-Time Care Intelligence™, has teamed up with WakeMed, a nationally recognized 970-bed not-for-profit health care system founded and based in Raleigh, N.C., to enhance care collaboration and further improve patient care outcomes.
- By integrating a suite of cohesive Bamboo
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Telepsychiatry Practice Talkiatry Secures $130M to Expand Value-Based Mental Healthcare Model
What You Should Know:
- Talkiatry, a leading provider of high-quality, in-network psychiatric care raises $130M led by Andreessen Horowitz (a16z) with participation from Perceptive Advisors and debt financing from Banc of California.
- Talkiatry boasts in-network status with over 60 health plans, including major insurers like Aetna, Blue Cross Blue Shield, and United Healthcare. This covers over 70% of commercially insured individuals in the US.
- With this new
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Salesforce Launches AI-Powered Life Sciences Cloud for Pharma and MedTech
What You Should Know:
- Salesforce announced the general availability of Life Sciences Cloud, a platform for pharmaceutical (pharma) and medical technology (medtech) organizations to help personalize patient and healthcare professional (HCP) engagement and streamline clinical operations with data, automation, and trusted AI.
- By harnessing the power of AI and automation, it empowers pharma and medtech companies to streamline operations, improve patient care, and ultimately
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Healthcare Leaders Embrace Virtual Care and AI to Combat Staffing Crisis: Philips Future Health Index 2024
What You Should Know:
- A new report by Philips, the Future Health Index 2024, paints a concerning picture of the healthcare industry struggling with significant staffing shortages.
- The report, based on a survey of 3,000 healthcare leaders across 14 countries, reveals how this crisis is impacting both staff and patients.
Burnout and Backlogs: The Human Cost of Staff Shortages
The report reveals a concerning trend - nearly two-thirds (66%) of healthcare leaders report
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Color and Carrum Health Partner for End-to-End Cancer Care
What You Should Know:
- Color Health, a leader in comprehensive cancer care, and Carrum Health, known for their value-based cancer treatment programs form a startegic partnership to offer employers an end-to-end cancer program.
- By providing a seamless, cost-effective, and patient-centric experience, the end-to-end cancer program empowers employers to combat rising cancer rates and improve the overall health and well-being of their workforce.
The Deadly Reality of
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What Will It Take to Achieve Value From Digitally Enabled Diabetes Care?
A report from the Peterson Health Technology Institute (PHTI) found that many digital diabetes management platforms aren’t providing meaningful ROI for patients or the health system as a whole. Users of common technologies only see small, incremental clinical benefits, such as 0.23%–0.60% point reduction in HbA1c when compared to traditional care. Meanwhile, some health plans and employers are actually seeing an increase in overall costs as spending on these platforms can often
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