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Health IT | News, Analysis, Insights - HIT Consultant

Harris Buys Medstreaming: Streamlining Workflow for Vascular and Cardiac Care

by Fred Pennic 01/12/2024 Leave a Comment

Harris Acquires 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

by Nick Magnuson, Head of AI at Qlik 01/12/2024 Leave a Comment

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%

by Syed Hamza Sohail 01/11/2024 Leave a Comment

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

by AJ Rivosecchi, PharmD, Sr. Product Manager at Bluesight 01/11/2024 Leave a Comment

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

by Sridhar Yerramreddy, CEO of Steer Health 01/11/2024 Leave a Comment

How Health Systems Can Transform Fragmented Data Into a Unified Patient Experience

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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Commons Clinic Launches $100M Center to Disaggregate MSK Care from Hospitals

by Fred Pennic 01/10/2024 Leave a Comment

What You Should Know: - Commons Clinic, a leading value-based physician group transforming musculoskeletal (MSK) care, today announced the launch of the Center for Spine Economics, Outcomes & Research (SEOR). - This landmark initiative marks a $100M commitment over the next decade to revolutionize ambulatory spine care delivery, paving the way for more effective, affordable, and patient-centered treatment. Spine Care in Crisis Millions of Americans suffer from chronic back pain, with many facing unnecessary surgeries and ineffective treatments. The Center for SEOR aims to address this crisis head-on by: - Championing motion preservation: Prioritizing minimally invasive and ultra-minimally invasive procedures, biologic treatments, and non-surgical interventions to protect patient mobility and long-term health. - Deconstructing the "surgery trap": Exposing the prevalence of low-value surgeries, often resulting in "failed back syndrome" and cascading costs. - Advancing evidence-based practices: Leveraging research and data to develop and implement high-value care models, supported by cutting-edge technology and transparent pricing. Center for SEOR’s Five-Pillar Approach The Center for SEOR will operate on five core pillars: 1. Center-of-Excellence for Spinal Restoration: Creating collaborative care teams equipped to deliver optimal results through specialized surgery centers and community clinics. 2. Technology Lab: Fostering innovation in surgical techniques, devices, and applications to improve outcomes and patient experience. 3. Payment Innovation Coalition: Developing new payment models and consumer advocacy policies to incentivize value-based care nationwide. 4. Research Institute: Publishing real-world evidence and open-source data to guide future advancements in spine care. 5. Post-Fellowship Training Program: Equipping the next generation of MSK physicians with the skills and knowledge to lead the future of spine health. "The Center for SEOR will illuminate a path forward," stated Dr. Bae, "equipping physicians with the tools and knowledge they need to move away from outdated hospital models and deliver high-value, patient-centered care," said Drs. Hyun Bae and Sanjay Khurana, Co-Chairs of the CSEOR.

What You Should Know: - Commons Clinic, a leading value-based physician group transforming musculoskeletal (MSK) care, today announced the launch of the Center for Spine Economics, Outcomes & Research (SEOR). - This landmark initiative marks a $100M commitment over the next decade to revolutionize ambulatory spine care delivery, paving the way for more effective, affordable, and patient-centered treatment. Spine Care in Crisis Millions of Americans suffer from chronic back pain,
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Innovaccer Launches AI Assistant to Reduce Clinical Burden

by Jasmine Pennic 01/10/2024 Leave a Comment

Innovaccer Launches AI Assistant to Alleveviate Clinical Burden

What You Should Know: - Innovaccer, a healthcare data platform, unveils Sara Scribe, an AI assistant poised to revolutionize healthcare documentation. - Sara Scribe, also known as InScribe, transcends the limitations of standard dictation software. This innovative tool uses advanced AI to not only transcribe doctor-patient conversations in real-time but also analyze them and deliver actionable insights, streamlining workflows and freeing up valuable clinician time. Beyond Transcription:
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Hospitals Show Signs of Recovery, But Growth Strategies Crucial for 2024 Success

by Fred Pennic 01/10/2024 Leave a Comment

Hospitals Show Signs of Recovery, But Growth Strategies Crucial for 2024 Success

What You Should Know: - A glimmer of hope shines through for hospitals, according to November data from Kaufman Hall's National Hospital Flash Report points to ongoing stabilization and even growth. - While the scars of the pandemic and economic challenges remain, key indicators suggest gradual recovery, with operating margins edging up and revenue streams climbing. Margins on the Rise, Though Gap Between Performers Persists The median calendar year-to-date operating margin index for
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Impact Advisors Acquires First Quadrant Advisory to Expand Payer Expertise

by Jasmine Pennic 01/10/2024 Leave a Comment

Impact Advisors Acquires First Quadrant Advisory to Expand Payer Expertise

What You Should Know: - Impact Advisors, a leading healthcare management consulting firm, announced today the acquisition of First Quadrant Advisory, a renowned specialist in strategy and operations consulting for the healthcare payer market. - This strategic acquisition strengthens Impact Advisors' commitment to delivering comprehensive, value-driven solutions for both payer and provider organizations, and further propels its mission to improve the business and delivery of
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Mayo Clinic, Techcyte Partner to Create AI-Powered Pathology Platform

by Fred Pennic 01/10/2024 Leave a Comment

Mayo Clinic, Techcyte Partner to Create AI-Powered Pathology Platform

What You Should Know: - Mayo Clinic Platformv and Techcyte have joined forces to revolutionize the field of pathology by creating a digital pathology platform. This platform aims to pioneer the next generation of pathology services through an open, AI-driven solution, enhancing treatment, efficiency, and accuracy globally. - By enabling healthcare organizations to economically digitize their pathology practices, the platform integrates innovative technical and AI workflow
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