What You Should Know:
- mpathic, the leader in AI-powered actionable conversation analytics specializing in healthcare, life sciences, and client services was recently awarded an NIH SBIR grant to address racial bias in mental healthcare AI.
- The prestigious grant will support the development of a groundbreaking project titled "Empathy for Everyone: Generative AI that Improves Patient-Provider Cultural Attunement in Real Time." mpathic wants all mental health providers to address
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Health IT | News, Analysis, Insights - HIT Consultant
PE Firm Acquires Healthcare MSP Provider Medicus IT
What You Should Know:
- FFL Partners ("FFL"), a private equity firm focused on growth investments in Healthcare and Tech-Enabled Services businesses has acquired a majority stake in Medicus IT, a leading provider of managed IT and cybersecurity services for the healthcare industry. Financial terms of the transaction were not disclosed.
- The acquisition positions Medicus IT for continued growth and leadership in the healthcare IT market. The investment will fuel the company's ability
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Regard Secures $61M for AI-Powered Clinical Insights Platform
What You Should Know:
- Regard, an AI-powered clinical insights platform raises $61M in Series B funding led by Oak HC/FT with participation from prominent healthcare and technology investors.
- The investment will fuel the company's mission to unlock the full potential of patient data for improved clinical care.
Untapped Potential in Healthcare Data
The healthcare industry is experiencing a data deluge. New technologies generate mountains of patient information, but a
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Bluesight Diversion Trends Report Reveals $38M Lost to Drug Waste
What You Should Know:
- Bluesight, a provider of medication intelligence solutions, released its 2024 Diversion Trends Report, offering valuable insights for healthcare providers to improve controlled substance monitoring and patient safety.
- The report demonstrates progress in healthcare's fight against controlled substance diversion. However, the data also highlights areas for continued improvement, particularly in waste management and medication documentation.
The report
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3 Strategies to Develop A More Flexible Healthcare Workforce
A recent survey by the American College of Healthcare Executives revealed that workforce issues topped hospital CEOs' concerns for the second year. The ongoing challenge of staff shortages, nurse turnover, and high vacancy rates continues to increase reliance on costly contract labor, eroding hospital margins and contributing to clinician burnout.
Work preferences are also changing in healthcare. Nurses and other clinicians are prioritizing work-life balance, turning to flexible staffing
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Mastercard and MTA Partner to Modernize Cross-Border Healthcare Payments
What You Should Know:
- Responding to the growing need to simplify access to global health care for medical tourists, Mastercard and the Medical Tourism Association (MTA) have announced an exclusive partnership to modernize the end-to-end health care experience for patients and providers around the world.
- The Medical Tourism Association will utilize Mastercard’s commercial virtual card technology to go beyond arranging treatments to also facilitating fast and secure payments with health
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Carle Health Deploys Nabla’s Ambient AI Assistant to Reduce Clinician Documentation Burden
What You Should Know:
- Nabla, the leading ambient AI assistant for clinicians, today announced its newest partnership with Carle Health, a health system headquartered in Illinois with locations in Indiana, Washington, and North Carolina.
- After a successful four-week pilot program with participants across family, pediatrics, cardiology, and other practice areas, Nabla’s ambient AI assistant will roll out to Carle Health’s Illinois-based multi-specialty physician group practice. It will
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Oracle Strengthens Pharmacovigilance Solutions with AI-Powered Enhancements
What You Should Know:
- Oracle announced significant updates to its Argus and Safety One Intake solutions, bolstering its pharmacovigilance portfolio with AI-powered features.
- These AI enhancements cater to the evolving needs of life science organizations, allowing them to navigate increasingly complex regulatory landscapes and manage rising adverse event caseloads.
Enhanced Efficiency and Regulatory Compliance
The new features prioritize efficiency and regulatory
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Carilion Clinic Selects Ensemble Health to Outsource Revenue Cycle Operations
What You Should Know:
- Carilion Clinic, a Roanoke-based non-profit health system that owns and operates several hospitals in western Virginia -- announced it has selected end-to-end revenue cycle management (RCM) provider Ensemble Health Partners as its strategic end-to-end RCM partner.
- Carilion chose Ensemble for its proven track record of quickly delivering value and sustaining high performance. Notably, Ensemble has consistently met 100% of year-one client goals, exceeded 102%
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HHS Proposes HTI-2 Rule to Enhance Healthcare Data Sharing and Interoperability
What You Should Know:
- The U.S. Department of Health and Human Services (HHS) has taken a significant step towards improving healthcare information exchange with the release of the Health Data, Technology, and Interoperability: Patient Engagement, Information Sharing, and Public Health Interoperability (HTI-2) proposed rule.
- The HTI-2 rule marks a major advancement in interoperability by focusing on seamless data exchange between patients, providers, payers, and public
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