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Health IT | News, Analysis, Insights - HIT Consultant

47% of Data is Underutilized in Healthcare Decision-Making, Arcadia Study Reveals

by Fred Pennic 05/07/2024 Leave a Comment

47% of Data is Underutilized in Healthcare Decision-Making, Arcadia Study Reveals

What You Should Know:  - A new study by Arcadia, a healthcare data platform, reveals a paradox within the industry: while 80% of healthcare leaders believe most of their data is accurate, a staggering 47% remains underutilized for critical clinical and business decisions.  - The report findings uncover a significant challenge – the immense potential of healthcare data remains largely untapped despite the rise of artificial intelligence (AI). Healthcare Data: A Treasure Trove
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ARC Innovation at Sheba Medical Center Joins TRAIN Responsible AI Network

by Fred Pennic 05/07/2024 Leave a Comment

ARC Innovation Launches ARC Accelerator w/ $10M Infusion from Ilex Medical

What You Should Know:  - ARC Innovation, the innovation arm of Sheba Medical Center, Israel's leading medical center and a six-time Newsweek World's Best Hospital awardee, today announced its participation in the Trustworthy & Responsible AI Network (TRAIN).  - The consortium brings together healthcare luminaries dedicated to integrating responsible AI practices effectively within the healthcare landscape. AI Transforming Healthcare Landscape AI is rapidly transforming
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Steward Health Care Files for Chapter 11 Bankruptcy, Cites Financial Pressures

by Fred Pennic 05/07/2024 Leave a Comment

Steward Health Care Files for Chapter 11 Bankruptcy, Cites Financial Pressures

What You Should Know:  - Steward Health Care, the nation's largest physician-led hospital operator, announced today that it has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas. - Steward assures patients and the broader community that day-to-day operations will continue uninterrupted throughout the Chapter 11 process. Hospitals, medical centers, and physician offices will remain open and fully functional. The company's
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DeepScribe Appoints Dr. Dean Dalili as Chief Medical Officer

by Executive Hires 05/07/2024 Leave a Comment

DeepScribe Appoints Dr. Dean Dalili as Chief Medical Officer

What You Should Know:  - DeepScribe, an innovator in ambient AI documentation for healthcare, announced the appointment of Dr. Dean Dalili, MD, MHCM, as its new Chief Medical Officer (CMO).  - Dr. Dalili brings a wealth of experience to DeepScribe, poised to play a pivotal role in shaping the company's clinical strategy and advancing its mission to revolutionize healthcare documentation. Guiding DeepScribe's Clinical Leadership As CMO, Dr. Dalili will spearhead DeepScribe's
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How AI Is Bringing Patient Experience Back to the Forefront for the Medical Community

by Michael Zacharski, CEO of Brand Engagement Network (BEN) 05/07/2024 Leave a Comment

How AI Is Bringing Patient Experience Back to the Forefront for the Medical Community

When it comes to the patient experience, time isn’t on our side. U.S. adults spend the equivalent of an entire workday each month coordinating care for themselves and/or their family, according to a Harris poll. The same poll found that 56% of American adults wait more than a week for an appointment, while many others skip healthcare altogether, with 30% saying they don’t have the time and 25% saying it takes too long to get an appointment. Even when patients get an appointment, they wait again
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Xealth & Stel Life Partner to Simplify Remote Patient Monitoring with Secure Data Integration

by Jasmine Pennic 05/07/2024 Leave a Comment

Xealth & Stel Life Partner to Simplify Remote Patient Monitoring with Secure Data Integration

What You Should Know:   - Xealth, a digital health platform provider, today announced a collaboration with Stel Life, a frontrunner in health monitoring device connectivity.  - The integration partnership aims to optimize remote patient monitoring (RPM) by facilitating faster, more secure integration of patient vital data into care team workflows. Simplifying Data Access for Improved Patient Care Enrolling patients in RPM programs is crucial, but ensuring timely access
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NeuroFlow Launches Maternal Mental Health ’Pathways’ for Improved Risk-Detection and Care

by Syed Hamza Sohail 05/07/2024 Leave a Comment

NeuroFlow Launches Maternal Mental Health 'Pathways' for Improved Risk-Detection and Care

What You Should Know: -              NeuroFlow, a behavioral health technology and analytics company helping to measure and manage population risk, has launched a suite of perinatal and postpartum pathways to support behavioral health throughout and after pregnancy. -              These programs are a manifestation of NeuroFlow's commitment to improving
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OverT Bio Secures $16M to Optimize Cell Therapy for Solid Tumors

by Fred Pennic 05/06/2024 Leave a Comment

OverT Bio Secures $16M to Optimize Cell Therapy for Solid Tumors

What You Should Know:  - OverT Bio, a data-driven biotech company focused on unlocking the curative potential of cell therapies for solid tumors raises $16M in seed funding round. Co-led by ARTIS Ventures and Wing VC, the round saw participation from a distinguished group of investors including Fusion Fund, OMX Ventures, Alexandria Venture Investments, Gaingels, Civilization Ventures, Hawktail, and the Cancer Research Institute. - The investment will fuel the company's mission to
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Despite Current Concerns, AI in Healthcare Has A Long History

by Matt Hollingsworth, co-founder of Carta Healthcare & Andrew Shin, MD, Executive Medical Director, Innovations & Clinical Effectiveness for Stanford Children’s Health 05/06/2024 Leave a Comment

Despite Current Concerns, AI in Healthcare Has A Long History

Though AI has successfully been utilized in healthcare for decades, a Pew Research Center survey revealed that 60% are uncomfortable with their provider relying on AI for their own healthcare.  This dichotomy is therefore likely due in part to a lack of awareness and understanding around the technology. Before the public is forced to understand complex, revolutionary, future-state technological developments in healthcare, they must understand how the technology is safely used today. 
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Anatomy Automates Healthcare Finances with AI-Powered Lockbox Solution

by Jasmine Pennic 05/06/2024 Leave a Comment

Anatomy Automates Healthcare Finances with AI-Powered Lockbox Solution

What You Should Know:  - Anatomy, a leading platform for automating financial operations in healthcare, today announced the launch of its innovative AI-powered Healthcare Lockbox.  - This solution tackles a significant pain point for healthcare organizations by automating check digitization and converting Explanation of Benefits (EOBs) into standardized 835 electronic remittance advice documents. The Problem of Manual Payments in Healthcare Traditionally, processing
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KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

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Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

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Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

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How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

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