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Health IT | News, Analysis, Insights - HIT Consultant

Glytec Unveils Real-Time Analytics to Help Hospitals Prepare for New CMS Measures

by Syed Hamza Sohail 04/14/2023 Leave a Comment

Glytec Unveils Real-Time Analytics to Help Hospitals Prepare for New CMS Measures

What You Should Know: Glytec, the only provider of cloud-based insulin management software across the continuum of care, today announced the next evolution of GlucoMetricsⓇ to provide new analytics, dashboards and data visualizations that give hospitals and health systems new insight into glycemic outcomes. The enhanced visibility this provides is essential as hospitals prepare for new measures from the Centers for Medicare and Medicaid Services (CMS) on severe hypoglycemia and hyperglycemia
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Measure What Matters: The 2023 Medical Device Benchmark Report

by Syed Hamza Sohail 04/14/2023 Leave a Comment

Measure What Matters: The 2023 Medical Device Benchmark Report

What You Should Know: The COVID-19 pandemic put the medical device industry front and center, especially with the demand for essential products like diagnostic tests, ventilators, and respiratory assistant devices.A new report outlining the state of medical device service showcases problems the industry must overcome, purporting solutions powered by emerging technologies to overcome these obstacles and ensure service accuracy. Understanding the Key Insights and Trends within the
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Report: Financial Pressures Drive Healthcare M&A in Q1 2023

by Syed Hamza Sohail 04/14/2023 Leave a Comment

Report: Financial Pressures Drive Healthcare M&A in Q1 2023

What You Should Know: Operational and financial pressures drove mergers and acquisitions in the healthcare sector in Q1 2023, according to a new report from Kaufman Hall. In total, there were 15 announced transactions in Q1 resulting in $12.4 billion in total transacted revenue.The trend of fewer but larger transactions that characterized 2022 was maintained—the average size of the seller or smaller party in Q1 was $827 million, just below last year’s historic year-end average of
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Report: Prior Authorization for Biomarker Testing Leads to Treatment Delays For Cancer Patients

by Syed Hamza Sohail 04/14/2023 Leave a Comment

Report: Prior Authorization for Biomarker Testing Leads to Treatment Delays For Cancer Patients

What You Should Know: Biomarker testing is a necessary tool in the advancing world of precision cancer treatment. According to a new survey released by CancerCare, a leading national cancer support organization, biomarker testing helped doctors tailor therapy for nearly all the respondent patients (93%) whose cancers were tested over the past three years. Two in 10 cancer patients (20%) surveyed were able to avoid unnecessary chemotherapy and/or radiation and 10% became eligible for
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Notable Leverages GPT to Automate Patient Front Office Experience

by Jasmine Pennic 04/13/2023 Leave a Comment

Notable Leverages GPT to Automate Patient Front Office Experience

What You Should Know: Notable, an intelligent automation company for healthcare, launches Patient AI, a solution leveraging large language models (LLMs) and GPT (the technology powering ChatGPT) to bring personalization at scale to healthcare.Using GPT to scan existing clinical documentation, this tech can detect missed diagnoses, identify lapsed insurance cards, incorrect addresses, eligible clinical trials, or costly care gaps in real-time across an entire patient population.  How
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OM1 Launches AI-Powered Digital Phenotypes Platform, Creating “Fingerprints” for Patients

by Fred Pennic 04/13/2023 Leave a Comment

OM1 Launches AI-Powered Digital Phenotypes Platform, Creating “Fingerprints” for Patients

What You Should Know: OM1, a real-world data, outcomes and technology company with a focus on chronic conditions, launches PhenOM™, its artificial intelligence-powered platform for personalized medicine. Calibrated using OM1’s longitudinal health history datasets, PhenOM uses AI to identify unique digital phenotypes associated with conditions and outcomes and compare patients’ records to them to highlight risks and opportunities. PhenOM powers personalized healthcare insights at scale
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Salesforce Launches New Customer 360 for Health Capabilities to Deliver More Personalized Patient Experiences

by Jasmine Pennic 04/13/2023 Leave a Comment

What You Should Know: - Salesforce today announced new Customer 360 for Health capabilities that help healthcare providers deliver more personalized patient experiences and reduce operational costs. - Customer 360 for Health helps healthcare and life sciences organizations enhance the overall care experience with the full power of Salesforce technology, including real-time data from Data Cloud, Einstein AI, and automation with Flow.   New Customer for
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Redox and Verato Integrate to Accelerate Patient Data Interoperability

by Fred Pennic 04/13/2023 Leave a Comment

Redox and Verato Integrate to Accelerate Patient Data Interoperability

What You Should Know: Verato and Redox today announced a partnership that will combine Verato identity data management solutions with Redox’s composable technology ecosystem to enable improved data access, better interoperability, and higher-quality information gathering across a growing digital ecosystem.The integration will allow healthcare organizations to access a single source of truth for identity, including a complete and trusted 360-degree view of their patients, members, providers,
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Arcadia Raises $125M to Expand Healthcare Data Analytics Platform

by Digital Health Funding 04/13/2023 Leave a Comment

Arcadia Raises $125M to Expand Healthcare Data Analytics Platform

What You Should Know: Arcadia, a healthcare data analytics company raises $125M from Vista Credit Partners and a strategic investor and financing partner focused on the enterprise software, data and technology market.Arcadia helps providers and health plans deliver actionable insights to advance care and research, drive strategic growth, and ensure financial success.The investment will accelerate Arcadia’s platform innovation and go-to-market strategy to meet the growing demand from
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Imprivata Launches First Digital Identity Maturity Model

by Fred Pennic 04/13/2023 Leave a Comment

Imprivata Launches First Digital Identity Maturity Model

What You Should Know: Imprivata launches Imprivata Digital Identity Maturity Model and Digital Identity Maturity Assessment, a custom-built to amplify the voice of clinicians and end-users in the decision-making process for a healthcare organization’s digital identity strategy.To help organizations assess and benchmark the maturity of their current strategy, Imprivata offers its Digital Identity Maturity Assessment.This self-service, interactive tool enables clinical leadership, IT, and
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Beyond the Hype: Building AI Systems in Healthcare Where Hallucinations Are Not an Option

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PwC Report: US Medical Cost Trend to Remain Elevated at 8.5% in 2026

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Philips Launches ECG AI Marketplace, Partnering with Anumana to Enhance Cardiac Care with AI-Powered Diagnostics

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