What You Should Know:
- Hospital financial performance has stabilized in 2023 compared to last year, according to the latest National Hospital Flash Report from Kaufman Hall.
- The latest Hospital Flash Report finds the median calendar year-to-date (CYTD) operating margin index for hospitals was 1.1% in August, up from 0.9% in July. Margins are still below historical levels, though positive margins are becoming more frequent in 2023.
Some Relief for Hospitals Amid Inflationary
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Health IT | News, Analysis, Insights - HIT Consultant
5 Ways Federated Computing Can Reshape Public Health
Unlocking data silos using Federated Computing (FC) has the potential to achieve a positive impact across the healthcare industry, ranging from clinical care quality improvement and accreditation to population health management, precision public health and equitable drug development.
We define FC as the leverage of federated learning and edge computing technologies to enable federated data access, enabling analytics and Artificial Intelligence (AI), using linked, but not co-located, data. In
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Catholic Medical Center Exploring Merger with HCA Healthcare
Catholic Medical Center Exploring Merger with HCA Healthcare
What You Should Know:
- Catholic Medical Center (CMC) has signed a non-binding letter of intent (LOI) to explore partnership with HCA Healthcare. The discussions will evaluate a potential agreement where CMC would join HCA Healthcare.
- The non-binding LOI is the first step in a well-defined and lengthy process that involves further due diligence, negotiation of final terms, and approvals. In the meantime, the excellent
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Will Value-Based Care Finally Fix EHRs Too?
In theory, electronic health records (EHRs) have the potential to transform the healthcare landscape. They were expected to provide a digital hub that would enable seamless communication and information sharing between providers, boost efficiency, improve the quality of care, and foster optimal patient and clinician experiences.
The reality, unfortunately, has not matched the possibilities.
While well-intentioned, the Federal Government’s 2011 Meaningful Use Mandate program—to
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Veradigm, On Belay Health Solutions Expand Value-Based Care Solutions to More Primary Care Practices
What You Should Know:
- Veradigm Inc., a provider of healthcare data and technology solutions and On Belay Health Solutions announced a strategic collaboration to support primary care providers in improving patients’ health outcomes while strengthening their practices’ financial foundation.
- The shift from a fee-for-service healthcare delivery model to a value-based care model has significantly changed the way healthcare is delivered and reimbursed in the United States. Veradigm’s
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Mercy & Microsoft Form Generative AI Collaboration to Advance Patient Care
What You Should Know:
Microsoft Corp. and Mercy are forging a long-term collaboration using generative AI and other digital technologies to give physicians, advance practice providers and nurses more time to care for patients and improve the patient experience.This work represents what’s next in healthcare for applying advanced digital technologies to the delivery of care to consumers.
Improving the Patient Experience Via Generative AI
“With the latest advances in
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Nuance Launches AI Copilot for Automated Clinical Documentation
What You Should Know:
Nuance Communications, Inc., a Microsoft Company, today announced the general availability of Dragon Ambient eXperience (DAX™) Copilot, formerly known as DAX Express.Serving as an AI copilot for automated clinical documentation, the application uses conversational, ambient, and generative AI to enable more physicians to significantly streamline the creation of medical documentation, improving clinical efficiency, reducing burnout, and freeing their time to
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M&A: Tendo Acquires MDsave for $150M
What You Should Know:
- Tendo, a digital health company committed to creating seamless healthcare experiences for patients, clinicians, and caregivers announced it has acquired MDsave, a leading healthcare marketplace that democratizes care access for all for $150M
- The strategic acquisition extends Tendo’s platform and applications to include MDsave’s marketplace, enabling patients to easily seek, schedule, pay for, and manage healthcare with transparent pricing through one
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Sentara Expands Deployment of Regard’s AI Copilot Across Enterprise
What You Should Know:
- Sentara Health, one of the largest health systems in the mid-Atlantic and southeast expands its partnership with Regard, an AI-powered copilot that helps clinicians diagnose medical conditions.
- The expansion will provide clinician access to Regard's AI technology in all 12 of Sentara's hospitals, and automate clinician note-taking, improve diagnostic accuracy, elevate patient care, and optimize financial outcomes within the healthcare system.
Unlocks EHR
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10 Secular Trends That Will Define the U.S. Healthcare System
What You Should Know:
- Trilliant Health, a healthcare industry’s analytics and market research firm announced it has published its 2023 Trends Shaping the Health Economy Report. The 147-page report is a fact-based national analysis of 10 data-driven trends that will define the landscape, and subsequent challenges, for all players in the health economy.
- Previous editions of the Trends Shaping the Health Economy Report concluded that healthcare is a negative-sum game and that
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