What You Should Know:
Health systems lose an estimated $3.1 billion in revenue from physical therapy referral leakage across the 3.9 million commercially insured patients studied in a new national report by Luna, the leading provider of in-home, in-person physical therapy.In the report based on 2022 national data, 60% of patients referred to physical therapy by their health system opted for a local clinic provider, equating to a loss of $2,000-$3,000 per patient.
Analysing the Burden
Read More
Health IT | News, Analysis, Insights - HIT Consultant
Dandelion Health Launches Pilot to Evaluate Healthcare Algorithm Bias & Equity
What You Should Know:
Dandelion Health, Inc., a startup offering a healthcare data platform that specializes in artificial intelligence and precision analytics, announced today the launch of a new public service to rigorously evaluate the performance, fairness and equity of health algorithms.The pilot program will focus on algorithms that make predictions for cardiology, using electrocardiogram waveforms, and measure their performance and bias across key racial, ethnic and geographic
Read More
Cybersecurity in Healthcare: A Matter of Life and Death?
Perhaps more than any other sector, the healthcare industry faces great tension between security and easy access to data. Hospitals, doctors and other care providers need to have as much data and information readily available to use to treat patients and save lives; while at the same time keeping this sensitive information secure. This tension combined with the complexity of the healthcare sector, including its web of facilities, medical records, devices insurance companies, care providers,
Read More
Iodine Software, OpenAI Partner to Resolve Revenue Leakage
What You Should Know:
Iodine Software, a pioneer in healthcare AI technology, today announced an expanded relationship withOpenAI, an AI research and development company.As part of this collaboration, Iodine will gain access to OpenAI’s cutting edge artificial intelligence technologies, including its powerful language model GPT-4.
AI-Driven Clinical Automation Tools
Iodine Software has a deep-rooted history in AI technology, having developed sophisticated, industry leading
Read More
How to Achieve Health Equity in Decentralized Clinical Trials
Trial sponsors have made efforts to address underrepresentation and promote Diversity, Equity and Inclusion (DEI) in clinical trials since the Federal and Drug Administration’s (FDA) 2016 guidance, but a new report released by the Government Accountability Office (GAO) still shows a continuous presence of major gaps in patient diversity. It begs the question: how do we ultimately achieve full representation and ensure accountability to uphold the promises we have made for
Read More
Roundups: 22 Recent Strategic Digital Health Partnerships
Advantus Health Partners forms a new 10-year, $2.9B strategic partnership with Medline to establish agility and scale, supply chain resiliency and enhanced clinical integration with the nurses and physicians who use Medline’s product. This strategic partnership focuses on serving the entire continuum of care and includes highly integrated collaborations with Medline and Advantus’s physician-led clinical integration team that works to improve physician alignment, product implementation, clinical
Read More
How Clinical Decision Support Can Help Alleviate Provider Burnout
As health systems look to heal from two years of pandemic-related struggles and skyrocketing costs, new data reveals an even more troubling issue – disturbing levels of burnout across the entire healthcare ecosystem.
New research from Mayo Clinic Proceedings found that 63% of physicians report at least one symptom of burnout, a drastic increase from 46% in 2011. For organizations already navigating supply chain issues, increased operating costs, and COVID-19 surges, health systems risk
Read More
New Initiative Examines Misuse of Race in Medical Research
What You Should Know:
Doris Duke Foundation (DDF) announce the launch of Racial Equity in Clinical Equations, a new initiative to examine the misuse of race in medical research. The foundation will provide $10M in new grants that will document the impact on patients of existing algorithms with potential race misuse, provide vital data to inform new guidelines, and ultimately enable the medical research community to identify a framework to reconsider and potentially revise the
Read More
Hospitals’ Financial Performance Fails to Reach Pre-Pandemic Levels
What You Should Know:
Hospital finances showed signs of stabilizing in May, amid slightly improving operating margins, declining expenses and notable increases in outpatient visits, according to the latest National Hospital Flash Report from Kaufman Hall.
The National Hospital Flash Report draws on data from more than 1,300 hospitals from Syntellis Performance Solutions.
Analysis Shows Slow Increases in Margins
Key findings of the report include:
The median
Read More
Epic EHR Integrates with Nuance’s AI-Powered DAX Express
What You Should Know:
Epic and Nuance (a Microsoft company) expand their long-term strategic collaboration by integrating Nuance’s new Dragon Ambient eXperience Express (DAX Express), the first fully AI-automated clinical documentation application in healthcare, into Epic workflows.As part of the integration, DAX Express for Epic will deliver everything clinicians need in one place to create a comprehensive note quickly, decreasing cognitive load, increasing provider satisfaction, and
Read More
