What You Should Know:
New and more stringent regulations have increased documentation burden for long-term care (LTC) provider organizations, and this combined with other factors (COVID-19, staff turnover, increased LTC demand) has intensified clinician and nurse burnout in LTC. As a result, many organizations are pressing their LTC EMR vendors to address documentation challenges, simplify workflows while mitigating costs, and improve satisfaction in a market that has seen an overall
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Health IT | News, Analysis, Insights - HIT Consultant
Laguna Health Secures $15M for AI-Powered Contextual Care Management Platform
What You Should Know:
Laguna Health, a NYC-based AI-powered contextual care management platform raises $15M Series A funding co-led by SemperVirens and HC9 Ventures. The initial close brings Laguna’s total raise to date to over $21M.The company will use the funding to deepen its AI capabilities in the care management context and expand its go-to market.
Contextual Care Management, Powered by AI
35 million Americans are hospitalized annually, with at least two-thirds discharged to
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Pear Suite Raises $2.5M for SDoH-Driven Care Navigation Platform to Empower AAPI Communities
What You Should Know:
Pear Suite, a digital health company empowering community health workers (CHWs) to improve health in Asian American and Pacific Islander (AAPI) communities and address social determinants of health (SDOH) raises $2.5M in seed funding. The investment round was led by Mucker Capital, Impact Engine, American Heart Association, Sweater Ventures, and Atento Capital, with support from Techstars, Open Venture Capital, Incisive Ventures, Lair East Labs, StartUp Health, and
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What VBC Providers Demand From Their IT Solutions
Value-based care (VBC) is a healthcare delivery model that differs from traditional fee-for-service because rather than compensating providers based on the number of services provided, it ties the amount providers earn to the results they deliver for their patients. The quality of these healthcare services is measured by patient outcomes that are based on metrics such as rate of hospital readmission, timeliness of care, and overall patient satisfaction. This VBC model holds providers
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How AI Can Deliver Benefits in Healthcare Manufacturing and Patient Device Usage
According to Grand View Research, the global artificial intelligence (AI) in healthcare market size was valued at USD 15.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 37.5% from 2023 to 2030, to reach an estimated USD 208.2 billion. That’s an impressive growth rate, indicating the expected value delivery to a mostly early-phase adoption of AI in the healthcare marketplace. With such aggressive predicted growth, many health industry professionals may ask
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How to Improve Patient Confidence When Rolling Out New Medical Technology
A staggering 55 percent of patients have lost trust in a healthcare provider after a negative experience. Sometimes, that trust is broken during interactions with a medical device or digital therapeutic.
Maybe a patient’s diabetes management app uses overly clinical language, or perhaps it doesn’t walk them through every app feature. For many patients, it’s clear that new medical technology (or medtech) isn’t effectively providing the experience needed to improve their medical
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NIH Launches $6M TARGETED Genome Editor Delivery Challenge
What You Should Know:
The United States National Institutes of Health (NIH) today announced the launch of the TARGETED (Targeted Genome Editor Delivery) Challenge.The multi-phase challenge will award up to $6M in prize money to support NIH’s Somatic Cell Genome Editing (SCGE) commitment to developing targeted delivery systems to deliver genome editors to somatic (non-reproductive) cells of the body. The first phase of the TARGETED Challenge is open to all
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KLAS: Capacity Optimization Management Performance 2023
What You Should Know:
Operational limitations—such as staffing shortages, variable patient flow, and poor visibility into resource availability—can make it difficult for healthcare organizations to effectively manage their capacity, leading to volatile workloads that see resources either under- or over-utilized. Some organizations are using capacity optimization management technology, which includes artificial intelligence (AI) and machine learning (ML), to collect data that can improve
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21 Ontario Hospitals Launches Health Information Exchange, Powered by Oracle
What You Should Know:
A group of 21 Ontario-based hospitals and facilities launches Ontario eHub Health Information Exchange (HIE) powered by Oracle Health. The Ontario eHub can help these healthcare organizations share patient data more easily and securely, reducing administrative overhead, and facilitating improved care coordination for patients. Oracle Health is teaming with TransForm Shared Service Organization to manage the project.The initial roll-out integrates 16
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How Healthcare Providers Can Bolster Cybersecurity Defenses and Protect Patient Data
In IBM’s 2022 Cost of a Data Breach report, the company revealed that the global average cost of a data breach was $4.35 million. In the healthcare sector, however, that number skyrocketed to $10.1 million. Why is an attack on a healthcare organization so much more costly? While part of this comes down to the fact that healthcare organizations often have big budgets, and so might be able to pay big ransoms, the biggest part of the answer is consequences. In there, real lives are at stake. Downed
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