In November, President Biden signed a new Executive Order – titled “Safe, Secure, and Trustworthy Artificial Intelligence” – that promises to introduce new national AI regulations that focus on safety and responsibility in the use of this revolutionary new technology. Fast on the heels of this high-profile EO, the Biden Administration has already started the process of writing actual standards for the safe use of generative AI by announcing that the U.S. Department of Commerce. In late December,
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Health IT | News, Analysis, Insights - HIT Consultant
McKinsey: Healthcare Profit Pools to Reach $819B by 2027
What You Should Know:
- The US healthcare industry, after weathering a storm of inflation, labor shortages, and lingering COVID-19 impacts in 2023, is now showing signs of a promising rebound, according to a new report by McKinsey & Company.
- The McKinsey report predicts accelerated transformation efforts and strategic shifts will unlock new growth opportunities in key segments, while others face continued challenges. Let's delve into the projected trajectory of different healthcare
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Spectrum Healthcare and NextGen Partner to Tackle Arizona’s Healthcare Shortage
What You Should Know:
- In a move aimed at alleviating Arizona's critical shortage of healthcare providers, Spectrum Healthcare, one of the state's largest non-profit healthcare providers, has joined forces with NextGen Healthcare, a provider of cloud-based technology solutions.
- This strategic partnership marks a significant step towards improving access to integrated mind-body care for Arizonans, particularly in underserved communities.
A Growing Need for Whole-Person Care
Arizona
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Graphium Health Acquires ABG, Boosting Patient Safety and Efficiency
What You Should Know:
Graphium Health, a leader in anesthesia technology solutions, has acquired The ABG Anesthesia Data Group, LLC (ABG). This strategic acquisition signifies Graphium Health's unwavering commitment to improving patient safety and practice efficiency through innovative data management tools.
Simplifying Quality Reporting, Enhancing Care:
The ABG platform, renowned for its user-friendly interface, simplifies complex quality reporting requirements, particularly for the
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ShiftMed Launches AI-Powered Personalized Scheduling Solution for Nurses
What You Should Know:
ShiftMed, the leader in on-demand workforce technology, announces today the launch of ShiftAdvisor, a new AI-powered feature set to transform nurse scheduling and elevate the staffing efficiency of healthcare facilities.This solution is designed to benefit both healthcare professionals (HCPs) and facilities by optimizing shift scheduling, ensuring providers find the best shifts with minimal cancellation risks, and simultaneously enabling facilities to achieve optimal
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Harris Buys Medstreaming: Streamlining Workflow for Vascular and Cardiac Care
What You Should Know:
- Harris, a global leader in vertical market software, has acquired the Medstreaming software suite from Fivos. Financial details of the acquisition were not disclosed.
- The acquisition of Medstreaming by Harris signifies a positive step towards streamlined, efficient, and ultimately, improved cardiovascular and vascular care. By giving healthcare providers the tools they need to focus on what matters most – their patients – this innovative software promises a
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Improving Healthcare for Patients & Providers Through AI & Machine Learning
With many economic hurdles this year including rising costs and inflation, the healthcare industry has had a challenging backdrop in which to operate. In a sector dedicated to improving and saving lives, healthcare has so much to gain by adopting new AI and machine learning (ML) technologies. The World Economic Forum sums up the transformative potential of AI and ML in this setting: from propelling the development of drugs and vaccines to improving medical diagnosis and treatment, it can
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Epic EHR Integrates with DeepScribe’s AI Scribe to Reduce After-Hours Work by 75%
What You Should Know:
DeepScribe, the leading enterprise-grade AI medical scribe, today announced key updates to its integration with Epic Systems' electronic health record (EHR).DeepScribe’s recently launched Customization Studio, which allows users to build custom models to support unique specialty and organizational needs, is now fully integrated with Epic's SmartData elements. This makes DeepScribe the first solution to harmonize an extensive suite of customization options with
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Devastating Drug Shortages and How Hospitals Can Mitigate Them
Modern medicine delivers miracles every day, but there are challenges, too. At any given time, 300 or more drugs bloat the FDA’s shortage list. Many of these medicines, including life-saving cancer drugs, don’t get to the patients who need them.
Drug shortages have a variety of causes, including contamination at pharmaceutical plants, major storms, supply chain issues, or runs on important vaccines. The Wall Street Journal blames downward pressure on drug prices.
Shortages of vital
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From Chaos to Calm: How ER Scheduling Could Help Fix Emergency Care Challenges
Staffing shortages and rising costs leave ERs in chaos and even force some hospitals to shut down money-losing emergency departments altogether. Chaotic or closed emergency rooms not only cost lives but cut off a pipeline of new patients that provide income for hospitals and jobs for specialist physicians.
The main driver behind ER chaos and expense is a nationwide shortage of trained doctors and nurses. A single nurse often has to care for ten or more patients in the ED simultaneously,
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