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Health IT | News, Analysis, Insights - HIT Consultant

How Artificial Intelligence is Combatting Physician Burnout, Keeping Communities Healthy

by David Sides, CEO at NextGen Healthcare 01/23/2024 Leave a Comment

How Artificial Intelligence is Combatting Physician Burnout, Keeping Communities Healthy

Doctors do so much to keep our communities thriving. Unfortunately, according to the American Medical Association, about 63 percent of physicians report experiencing emotional exhaustion at least once weekly. Exacerbated by the volume of clinical notes required at the end of the day, physician burnout can adversely affect patient care, leading to errors and reduced care quality. This is especially alarming in the context of the physician shortage because it heightens the strain on an
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CDC Awards Truveta Real-World Data Contract to Study COVID, Maternal Health, Pediatric Care

by Fred Pennic 01/23/2024 Leave a Comment

Truveta Partners with CDC to Power Public Health Research with Real-World Data

What You Should Know: - Truveta, a consortium of 30 health systems united in "Saving Lives with Data," has secured a significant partnership with the U.S. Centers for Disease Control and Prevention (CDC). - This collaboration will leverage Truveta's vast repository of real-world healthcare data to empower CDC researchers in tackling pressing public health challenges, including COVID-19, maternal health, and pediatric care. Unprecedented Data Access for COVID-19 Insights Truveta will
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CMS Unveils “Innovation in Behavioral Health” Model to Tackle Dual Mental and Physical Health Challenges

by Fred Pennic 01/22/2024 Leave a Comment

CMS Unveils "Innovation in Behavioral Health" Model to Tackle Dual Mental and Physical Health Challenges

What You Should Know: - The Centers for Medicare & Medicaid Services (CMS) has taken a bold step towards improving care for individuals with both mental health conditions and substance use disorders (SUD), announcing the "Innovation in Behavioral Health (IBH)" Model. - This IBH model holds immense promise for transforming how we address the complex healthcare needs of individuals struggling with both mental and physical health challenges. By focusing on integrated care, addressing
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LifeStance Health Appoints Dr. Ujjwal Ramtekkar as Chief Medical Officer

by Executive Digital Health Hires 01/22/2024 Leave a Comment

LifeStance Health Appoints Dr. Ujjwal Ramtekkar as Chief Medical Officer

What You Should Know: - LifeStance Health, a provider of virtual and in-person outpatient mental healthcare, announced today the appointment of Dr. Ujjwal Ramtekkar as its new Chief Medical Officer, effective January 22, 2024. - Dr. Ramtekkar succeeds Dr. Anisha Patel-Dunn, who is stepping down from the role to spend more time with her family. Dr. Patel-Dunn's contributions to LifeStance have been invaluable since joining in 2019, playing a crucial role in establishing the company's
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Defending Healthcare Data in 2024: 6 Basic Security Principles to Follow

by Brian Montgomery, Senior Security Engineer, Altera Digital Health 01/22/2024 Leave a Comment

Defending healthcare data: Six basic security principles

Research reveals that the total number of data breaches in healthcare has doubled over the last three years. If that doesn’t prompt you to reexamine your organization’s security posture, the financial toll of these incidents might be: The average cost of a healthcare data breach is now $11M. Despite these alarming trends, most data breaches can still be prevented by implementing the foundational principles of strong cybersecurity. Here are six measures healthcare organizations can take to
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JP Morgan Healthcare 2024: 8 Hot Takes & Insights from Health Tech & Biotech CEOs

by JP Morgan 2024 Executive Hot Takes & Insights 01/19/2024 Leave a Comment

JPM 2024: 8 Hot Takes & Insights from Leading Health Tech & Biotech CEOs

8 digital health and life sciences executives share their hot takes and insights from the recent annual JPM Healthcare Conference 2024 Virgil Bretz, co-founder and CEO of MacroHealth “The annual JP Morgan Healthcare Conference is still one of the most efficient ways to meet with capital partners. Other conferences are increasingly attracting the investment community, such as HLTH, but none are as concentrated as JP Morgan. This conference is unusual in that meetings for small and middle
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Shifting the Paradigm: Data-Driven Product Development and the AI-Driven Standard of Care

by Tommy Carls, VP of Product Development & Marketing at Proprio 01/19/2024 Leave a Comment

Shifting the Paradigm: Data-Driven Product Development and the AI-Driven Standard of Care

Over the past decade, product development has undergone a transformative shift, driven by the integration of AI, machine learning, and data-driven approaches. Traditional methods that relied on user stories, prototype testing and customer research offered limited control over product development outcomes, often leaving success to multiple iterations of feasibility, testing and field assessment. However, with the advent of advanced technologies and data analysis, product development has become
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Mastercard Unveils Virtual Cards to Streamline Healthcare Claim Settlements

by Fred Pennic 01/19/2024 Leave a Comment

Mastercard Unveils Virtual Card Solution to Streamline Claim Settlements

What You Should Know: - Mastercard, a global leader in payments, is pioneering a revolutionary solution using its cutting-edge virtual card technology. - This first-of-its-kind initiative aims to streamline B2B claim settlements, replacing the clunky old system with a sleek, digital one. Partnering with leading financial institutions and health tech platforms like Remedinet in India, Mastercard is paving the way for a faster, more efficient future. The Problem The pain of slow and
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Hospital and Health System M&A in 2023: Financial Distress Drive Market Reorganization and Partnerships

by Fred Pennic 01/19/2024 Leave a Comment

Healthcare M&A in 2023: Financial Distress Drive Market Reorganization and Partnerships

What You Should Know: Hospital and health system mergers and acquisitions activity in 2023 was driven by increased pressure on operations and finances, according to Kaufman Hall's latest analysis of healthcare transactions. The report reveals momentum around mergers and acquisitions continued throughout 2023 with 65 announced transactions, up from 53 in 2022. Financial distress was cited as a factor or was otherwise evident in 28% of announced transactions last year,
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AHIMA Appoints Mona Calhoun as Board President/Chair, New Board Members

by Jasmine Pennic 01/19/2024 Leave a Comment

AHIMA Appoints Mona Calhoun as Board President/Chair, New Board Members

What You Should Know: - The American Health Information Management Association (AHIMA) announced the appointment of Mona Calhoun, PhD, MS, Med, RHIA, FAHIMA, as its President/Chair for 2024. - With 35 years of experience in the health information (HI) field, Calhoun brings a wealth of expertise and passion to lead AHIMA through this transformative time in healthcare. A seasoned leader with a clear vision Calhoun's diverse background spans behavioral health, rehabilitation, acute
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Digital Health Faces Q2'25 Pullback: Funding Falls to 5-Year Low

Digital Health Faces Q2’25 Pullback: Funding Falls to 5-Year Low

Beyond the Hype: Building AI Systems in Healthcare Where Hallucinations Are Not an Option

Beyond the Hype: Building AI Systems in Healthcare Where Hallucinations Are Not an Option

Health IT Sector Navigates Policy Turbulence with Resilient M&A

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PwC Report: US Medical Cost Trend to Remain Elevated at 8.5% in 2026

PwC Report: US Medical Cost Trend to Remain Elevated at 8.5% in 2026

Philips Launches ECG AI Marketplace, Partnering with Anumana to Enhance Cardiac Care with AI-Powered Diagnostics

Philips Launches ECG AI Marketplace, Partnering with Anumana to Enhance Cardiac Care with AI-Powered Diagnostics

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