What You Should Know:
- Aegis Ventures, a New York-based healthcare venture studio, announced the formation of the Digital Consortium, a groundbreaking initiative designed to tackle some of healthcare's most pressing challenges with nine leading health systems.
- Consortium members will innovate directly with Aegis to co-develop, invest in, and deploy healthtech solutions that address healthcare’s most urgent quality, equity, and cost problems, and enable them to better care for the
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Health IT | News, Analysis, Insights - HIT Consultant
John Snow Labs Launches No-Code Generative AI Lab
What You Should Know:
- John Snow Labs launches Generative AI Lab, a first-of-its-kind platform empowering healthcare professionals, even those without coding experience, to harness the power of artificial intelligence.
- By eliminating coding barriers and prioritizing human oversight, John Snow Labs is paving the way for a future where AI can be a powerful tool for improving healthcare outcomes.
Building Better Models Without the Code
Traditionally, building and training AI models
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Heart Disease: Still the Silent Killer Despite Prevention Options
Given the attention paid to the devastating impact of COVID-19, one might assume it was the leading cause of death in the US. But while the fatalities were stark – almost 1.2 million Americans died of COVID in the last 4 years – heart disease remains the largest cause of death and by a landslide. In 2021, the year with the most COVID-19 deaths (416,893), heart disease claimed 60% more lives (695,000) in the US. Perhaps more, striking, however, is that many, if most, of these deaths, were
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Zephyr AI Appoints Rachael Brake, Ph.D., as Chief Scientific Officer
What You Should Know:
- Zephyr AI, Inc. ("Zephyr AI"), a pioneering healthcare technology company announced the appointment of Rachael Brake, PhD, as its new Chief Scientific Officer (CSO).
- In her new role as CSO, Dr. Brake will spearhead Zephyr AI's scientific, strategic, and commercial endeavors, leveraging her extensive experience in precision medicine and immuno-oncology.
Dr. Rachael Brake Bio/Background
Before joining Zephyr AI, Dr. Rachael Brake served as the Chief Scientific
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Virtual Second Opinions Saves $8,700 Per Patient, Study Reveals
What You Should Know:
- A new study by The Clinic by Cleveland Clinic, a leader in virtual second opinions (VSOs), reveals significant cost savings and improved care for patients.
- The quantitative analysis, conducted by an independent third party, demonstrates that VSOs generate an average savings of $8,705 per patient.
Reduced Misdiagnoses and Overtreatment Lead to Cost Savings
The study highlights the potential for VSOs to prevent misdiagnoses and unnecessary procedures.
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Talkiatry & Cedar Partner to Tackle Mental Health Payment Woes
What You Should Know:
- Talkiatry, a provider of in-network psychiatric care, has partnered with Cedar, a healthcare financial engagement platform, to optimize the billing experience for their patients.
- The strategic partnership prioritizes not only mental health treatment itself, but also the financial barriers that often prevent individuals from seeking or continuing care.
Mental Health Crisis Demands Solutions
The United States faces a significant mental health crisis, with one
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Intermountain Deploys Remote Patient Monitoring for Older Adults with Chronic Conditions
What You Should Know:
- Intermountain Health, a healthcare system forms a strategic partnership with Sensorum Health, a healthcare technology company specializing in remote patient monitoring.
- The strategic collaboration aims to improve health outcomes and primary care access for older adults living independently with multiple chronic conditions. By focusing on early detection and personalized care plans, they aim to empower older adults to live healthier, more independent
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TRG Settles for $3.1M Over Alleged Improper Billing Practices
What You Should Know:
- The Radiology Group (TRG), a teleradiology company based in Atlanta, Georgia, has agreed to pay $3.1M to settle a civil fraud lawsuit filed by the U.S. Attorney's Office for the Southern District of New York.
- The settlement amount of $3.1M will be divided between the US government and various states.
Key Allegations
The lawsuit alleged that TRG engaged in improper billing practices related to radiology services provided to hospitals and other healthcare
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The Evolution of CPQ in Healthcare: 8 Emerging Trends to Watch
Worldwide, today’s leading healthcare organizations are embracing digital transformation. The implementation of Configure, Price, Quote (CPQ) solutions is a major component of these business evolutions. Any organization aiming to enhance operational efficiency and bolster patient care now sees a finely-tuned CPQ system as table stakes. With an eye toward the future, healthcare and life sciences (HLS) organizations integrating CPQ are set to fundamentally alter traditional care delivery and
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Hospital Staffing Shortages Lead to Frustrated Patients, J.D. Power Report Finds
What You Should Know:
- A new report by J.D. Power reveals concerning trends in US hospitals, highlighting patient dissatisfaction with limited doctor access, lengthy wait times, and communication issues.
- The J.D. Power report underscores the need for hospitals to address staffing shortages and prioritize patient satisfaction. By focusing on communication, patient engagement, and a more comfortable hospital environment, healthcare facilities can improve patient experiences and
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