What You Should Know:
- FOLX Health, the first of its kind, nationwide LGBTQIA+ digital healthcare service provider, built to serve the community’s specific needs appoints Greg Sottolano as Chief People Officer.
- As Chief People Officer, Greg will be responsible for HR, L&D and Internal Communications and will be focused on developing best-in-class talent across clinical and headquarters staff and enhancing the company culture.
- The strategic hire will support FOLX Health’s
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Health IT | News, Analysis, Insights - HIT Consultant
Unlocking the Potential of Value-Based Care with AI
The momentum of value-based care (VBC) is poised to accelerate. The Centers for Medicare and Medicaid Services (CMS) has outlined an ambitious objective: to transition all traditional Medicare beneficiaries into a VBC arrangement by 2030, a notable increase from the mere 7% recorded in 2021 by Bain Research. As more plans, providers and members enter VBC arrangements, substantial volumes of clinical data will need to be managed effectively to oversee patient risk and care quality.
The
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Rise of Retail Healthcare: Challenges and Opportunities for Payers
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
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
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
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
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
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
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
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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