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Health IT | News, Analysis, Insights - HIT Consultant

3 Key Ways AI Will Transform Health IT in 2024

by Andrew Lockhart, CEO of Fathom 12/12/2023 Leave a Comment

3 Key Ways AI Will Transform Health IT in 2024

Healthcare leaders need to lean into artificial intelligence (AI) or risk losing out. With advancements in technology taking place at lightning speed, 2024 is the year adopting AI becomes a strategic necessity. Although healthcare has been slower than other industries to embrace AI, the tides are changing. A recent Morgan Stanley Research survey found that 94% of healthcare organizations use AI in some capacity, and the industry's average budget allocation for these technologies is projected
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How AI and Intelligent Automation Can Support and Retain Nurses

by Teri Ridge, RN, Clinical Operations Advisor, LeanTaaS 12/12/2023 Leave a Comment

How AI and Intelligent Automation Can Support and Retain Nurses

Frontline nurses across the country remain in a state of constant crisis as they attempt to deliver patient care while facing tremendously stressful environments, untenable patient-to-nurse ratios, and frustrating process inefficiencies. In fact, about 100,000 registered nurses left the workforce during the past two years due to stress, burnout and retirements, and another 610,388 reported an intent to leave by 2027, according to a study released by the National Council of State Boards of
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Advantus Health, SupplyCopia Partner to Enhance Healthcare Supply Chains with AI

by Fred Pennic 12/12/2023 Leave a Comment

Advantus Health, SupplyCopia Partner to Enhance Healthcare Supply Chains with AI

What You Should Know: - Advantus Health Partners and SupplyCopia announce a strategic partnership to enhance data solutions for healthcare organizations. - This collaboration leverages SupplyCopia's advanced AI and machine learning technologies to analyze massive datasets and deliver actionable insights, ultimately improving patient outcomes and reducing costs. SupplyCopia collaboration enhances patient-centered decision making and reduces costs SupplyCopia's AI and machine learning
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MedeAnalytics Partners with HSBlox to Power Value-Based Care

by Jasmine Pennic 12/12/2023 Leave a Comment

MedeAnalytics Partners with HSBlox to Power Value-Based Care

What You Should Know: - MedeAnalytics and HSBlox have announced a strategic partnership to offer healthcare organizations a comprehensive end-to-end value-based care solution. - This collaboration combines MedeAnalytics's best-in-class analytics platform with HSBlox's technology platform for contract management and administration. Maximizing Value-Based Care Performance Integrating HSBlox into the MedeAnalytics ecosystem ensures coordinated and aligned activities supporting
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Arcadia Partners with WellSpan Health to Supercharge Value-Based Care Journey

by Jasmine Pennic 12/12/2023 Leave a Comment

Arcadia Partners with WellSpan Health to Supercharge Value-Based Care Journey

What You Should Know: - Arcadia (arcadia.io), a data platform for healthcare, today announced a partnership with WellSpan Health to improve the Pennsylvania health system's performance in Medicare's Shared Savings Program. - This strategic partnership aims to leverage Arcadia's data analytics platform to connect WellSpan Health's 220 patient care locations and provide actionable insights that support the healthcare network's value-based care journey. Improving WellSpan Health’s
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Quartz Appoints Christine Senty as Permanent President and CEO

by Digital Health Executive Hires 12/12/2023 Leave a Comment

Quartz Appoints Christine Senty as Permanent President and CEO

What You Should Know: - Quartz Health Plan announced today that Christine Senty has been appointed to the permanent role of President and CEO, effective immediately. - Senty has served as interim CEO since April 2023, guiding the organization through a period of transition and ensuring stability. Prior to her interim CEO appointment, served as Quartz's Vice President, General Counsel, and Secretary for eight years. Senty has been an adjunct faculty member at the University of Wisconsin Law
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Cigna Ends Acquisition Talks with Humana, Announces $10B Share Repurchase Plan

by Fred Pennic 12/11/2023 Leave a Comment

Cigna to Acquire Express Scripts for $67B: 5 Things to Know

What You Should Know: - Health insurer Cigna has called off its attempt to acquire rival Humana after failing to reach an agreement on price, according to sources familiar with the matter, CNBC first reports. - The talks, which were revealed in November 2023, would have created a combined company exceeding $140B in value, but faced significant antitrust scrutiny. - The deal's failure comes six years after similar mega-mergers in the health insurance industry were blocked by regulators.
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EHR Data Holds Promise for Chronic Disease Surveillance, Study Reveals

by Jasmine Pennic 12/11/2023 Leave a Comment

EHR Data Holds Promise for Chronic Disease Surveillance, Study Reveals

What You Should Know: - As chronic disease rates rise across the U.S., researchers are exploring how electronic health records (EHRs) can be used to improve public health surveillance and intervention efforts. While 90% of healthcare providers in the U.S. utilize EHRs, sharing this data with public health departments is currently limited due to legal, political, and organizational barriers. - A new study from the Regenstrief Institute provides practical guidance for implementing governance
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Why Hospitals Need a Healthier Approach to Sustainability

by Douglas Poffinbarger, Director, Commercial Operations at Nostromo Energy 12/11/2023 Leave a Comment

Why Hospitals Need a Healthier Approach to Sustainability

Fighting climate change is an all-hands-on-deck mission. Hospitals, which keep us healthy and safe, share the responsibility for keeping the earth healthy and safe. Let’s explore hospitals' environmental footprint, their current efforts to improve, and one solution that could make a real difference. The Problem: Recognizing Hospitals' Impact on the Environment “Healthcare organizations can no longer ignore their contributions to greenhouse gas emissions,” reads a
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Rise of RCM Managed Services: 95% of Healthcare Execs Embrace RCM Outsourcing

by Fred Pennic 12/08/2023 Leave a Comment

Rise of RCM Managed Services: 95% of Healthcare Execs Embrace RCM Outsourcing

What You Should Know: - Ensemble Health Partners, a provider of revenue cycle management services, has released its 2024 Healthcare Business Trends Report, revealing a shift in priorities among healthcare executives. - The report, based on a survey of over 100 senior executives, highlights a growing focus on outsourcing revenue cycle management and leveraging external expertise to drive performance, improve financial health, and achieve long-term growth. 4 Trends Driving the Next 4
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Beyond the Hype: Building AI Systems in Healthcare Where Hallucinations Are Not an Option

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