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Health IT | News, Analysis, Insights - HIT Consultant

Rise of Retail Healthcare: Challenges and Opportunities for Payers

by Adam Rarick-Varner, Sr. Director of Healthcare Strategy at LexisNexis Risk Solutions 03/18/2024 Leave a Comment

The Rise of Retail Health: Payer Challenges and Patient Experiences

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

by Fred Pennic 03/15/2024 Leave a Comment

HIMSS23 Roundup: M&A, Strategic Partnerships, New Offerings

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

by Jason Griffin, Managing Director, Digital Health Strategy and Cybersecurity & Andy Adams, Managing Director, Performance Improvement and Advisory Services, Nordic Consulting 03/15/2024 Leave a Comment

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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Amazon, CVS, Google, Mayo Clinic, Stanford Others Join Coalition for Health AI (CHAI) as Founding Partners

by Jasmine Pennic 03/15/2024 Leave a Comment

Coalition for Health AI (CHAI) Announces Founding Partners, Promotes Responsible AI in Healthcare

What You Should Know: - The Coalition for Health AI (CHAI) announced today a significant milestone with the formation of its founding partner group. - The diverse group brings together leading non-profit research institutions, patient advocacy organizations, and healthcare providers alongside major technology companies. Shared Mission: Trustworthy AI for Better Healthcare CHAI's core mission is to establish itself as the go-to resource for responsible AI in healthcare. They aim
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Banner & Foodsmart Offer Free Groceries, Meals & Nutrition Help in Arizona

by Syed Hamza Sohail 03/15/2024 Leave a Comment

Banner & Foodsmart Offer Free Groceries, Meals & Nutrition Help in Arizona

What You Should Know: Banner – University Family Care announced a new partnership with Foodsmart, the nation’s largest food benefits management company.The partnership supports the shared mission to improve the health and quality of life of Banner – University Family Care members through nutritional education and improved access to healthy food at scale.  Empowering Healthy Communities: Foodsmart's Holistic Approach to Addressing Food Insecurity and Nutritional
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Northwell Forms 3-Year Partnership with Playbook Health for AI-Powered Clinical Documentation

by Fred Pennic 03/15/2024 Leave a Comment

Northwell Forms 3-Year Partnership with Playbook Health for AI-Powered Documentation

What You Should Know: - Playback Health, a healthcare technology company forms a three-year strategic integration partnership with Northwell Health, the largest health system in New York state. - The partnership focuses on integrating Playback Health's innovative clinical communication platform with Northwell Health's dedication to exceptional patient care. A key component of this initiative is the introduction of Playback Health's latest AI-powered feature, Notes. Introducing Notes:
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Nursing Report Reveals Generational Divide on Nursing’s Future, Amidst Staffing Shortages

by Fred Pennic 03/14/2024 Leave a Comment

Nursing Report Reveals Generational Divide on Nursing's Future, Amidst Staffing Shortages

What You Should Know: - Incredible Health, the leading healthcare career marketplace, released its 5th Annual State of US Nursing Report today.  The report, based on data from one million nurses and a survey of over 3,300, offers a comprehensive look at the state of nursing in the United States. - The report underscores the need for solutions to address staffing shortages, improve compensation, and enhance nurse safety and well-being.  Collaboration between healthcare systems,
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HiLabs Secures $39M to Tackle Dirty Healthcare Data with AI

by Syed Hamza Sohail 03/14/2024 Leave a Comment

HiLabs Raises $39M for AI-Powered Solutions for Health Plans

What You Should Know: HiLabs, a leading provider of AI-powered solutions to manage dirty data, unlocking its hidden potential for healthcare transformation, today announced a $39 million Series B financing.The round was led by Denali Growth Partners and Eight Roads Ventures, with participation from F-Prime Capital. The capital raise follows rapid customer adoption of its healthcare data ingestion, cleansing, and enrichment platform, MCheck™, and will support continued enhancement of the
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AKASA Unveils Gen AI Assistant, Cuts Prior Authorization Time by 50%

by Fred Pennic 03/14/2024 Leave a Comment

AKASA Unveils Gen AI Assistant, Cuts Prior Authorization Time by 50%

What You Should Know: - AKASA, a leader in generative AI (GenAI) solutions for the revenue cycle, today announced the launch of Authorization Advisor™. - Authorization Advisor tackles the time-consuming and error-prone process of prior authorization, a major pain point for healthcare providers. Prior Authorization Made Easy with AI Prior authorization, a process requiring approval from insurers before delivering certain services, is a significant burden for healthcare providers. It
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Verato, Google Cloud Partner to Tackle Healthcare’s Identity Data Crisis

by Syed Hamza Sohail 03/14/2024 Leave a Comment

Verato, Google Cloud Partner to Tackle Healthcare's Identity Data Crisis

What You Should Know: Verato, the identity experts for healthcare, today announced its partnership with Google Cloud to accelerate healthcare organizations’ ability to transform their businesses with an end-to-end, trusted enterprise identity data management solution – solving the problem that drives everything else – knowing who who is.Through this strategic partnership, Verato’s purpose-built-for-healthcare Master Data Management (hMDM) and Google Cloud’s enterprise-grade
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Preparing for the ‘Big Beautiful Bill’: How Digitization Can Streamline Medicaid Eligibility & Social Care Delivery

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Evernorth Health Services Invests $3.5B in Shields Health Solutions

Evernorth Health Services Invests $3.5B in Shields Health Solutions

KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

M&A:Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

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

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

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

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

Healthcare C-Suite Acknowledges AI Potential but Lacks Trust

Sage Growth Partners Report: Healthcare C-Suite Acknowledges AI Potential but Lacks Trust

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