What You Should Know:
- GE HealthCare and Advantus Health Partners announced it has expanded its partnership, an agreement of up to $760M over 10 years to provide GE HealthCare’s Healthcare Technology Management (HTM) services to Advantus Health Partners’ clients.
- Through this expanded relationship between Advantus Health Partners and GE HealthCare, healthcare providers will have access to a scalable, end-to-end solution for managing medical equipment performance and risk.
Healthcare
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Health IT | News, Analysis, Insights - HIT Consultant
Hospitals Enter 2023 Facing ‘New Normal’ of Financial Uncertainty
What You Should Know:
- Hospitals enter 2023 on more stable footing following the worst financial year since the start of the pandemic—but challenges persist, according to the newest data from Kaufman Hall.
- The latest National Hospital Flash Report finds that hospitals continue to experience the same challenges that made 2022 the worst financial year since the start of the pandemic, including higher labor expenses, lower patient volumes, and a fundamental
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Walmart & CareSource Partner to Address Racial Health Inequities
What You Should Know:
- Today, Walmart announced a three-year agreement with the nonprofit organization, CareSource to address cardiometabolic conditions and maternal health in under-resourced and underserved communities.
- The partnership expands the work Walmart and CareSource are doing to help improve care around maternal and child health in Georgia - the two launched a pilot in Georgia earlier this year to help Black maternal health across the state.
Address
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Unite Us Advances Black Maternal Health in Miami-Dade
What You Should Know:
- Today, Unite Us -- a software company enabling collaboration across sectors to improve the health and well-being of communities -- announced a partnership with Metro Mommy Agency, a full-spectrum doula service provider to improve the quality of maternity care for Black women in Miami-Dade County.
- Black women in Miami-Dade face maternal and infant mortality rates 168% higher than white and Hispanic women in the county. Doula care
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The Rise of Fourth-Party Risk in Healthcare––And How to Combat It
In recent years, a wave of high-profile cyber attacks has shaken the healthcare industry to its core. Sensitive data has been breached; essential services have been forced offline; and healthcare providers have found themselves faced with unhappy customers and unsympathetic regulators.
As a result, many in the healthcare industry are now familiar with third-party vendors and the risks they pose. This is a positive development, but it is also insufficient.
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CodaMetrix Raises $55M for AI-Powered, Autonomous Medical Coding
What You Should Know:
- CodaMetrix, an AI technology platform transforming healthcare revenue cycle management, today announced that it closed a $55 million Series A round led by SignalFire. Frist Cressey Ventures (FCV), Martin Ventures, Yale Medicine, University of Colorado Healthcare Innovation Fund, and Mass General Brigham physician organizations also participated in the round.
- The capital injection will accelerate go-to-market with major provider organizations and health systems, as
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AWS, Center for Health Affairs Launches Social Determinants of Health Hub
What You Should Know:
- The Center for Health Affairs and Amazon Web Services (AWS) announced it has established the world’s first and only Social Determinants of Health (SDOH) Innovation Hub.
- The hub’s objective is to start locally and move globally to address structural racism and poverty that result in gun violence, behavioral health crises, and a myriad of other factors negatively impacting the health of local residents.
SDOH Challenges
According to the U.S. Census Bureau,
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New Healthcare H2 2022 Data: Reported Breaches Trend Down, But Individuals Affected Skyrocket by 35% to Nearly 29M
What You Should Know:
- Critical Insight, the Cybersecurity-as-a-Service provider specializing in helping critical organizations Prepare, Detect, and Respond in today’s threat environment releases its H2 2022 Healthcare Data Breach Report, which analyzes breach data reported to the U.S. Department of Health and Human Services by healthcare organizations.
- The number of data breaches affecting healthcare providers declined in the second half of 2022, consistent with a downward trend over
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KLAS Report: SAP in Healthcare 2023
What You Should Know:
- A new report from KLAS finds that several midsize and large healthcare customers have broadly adopted SAP’s platform and appreciate how robust the tools can be.
- Customer feedback around the tools’ usability, however, is mixed; some report high satisfaction and praise the systems’ configurability, while others report frustration with complex interfaces and the number of clicks. In general, respondents see their SAP tools as well integrated and able to achieve what
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A New Way of Thinking About Interoperability in 2023
Interoperability in the U.S. healthcare system has been an ongoing challenge. While there are several industry initiatives that are going to advance the industry and make incremental progress toward interoperability, there remain several gaps that are unaddressed.
Interoperability is a much broader concept that encompasses more than protocols, APIs, and limited networks. It’s about more than exchanging data through one-to-one connections between a provider, payer, or vendor. True
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