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Health IT | News, Analysis, Insights - HIT Consultant

Boosting Clinical Trial Recruitment Requires Humanity – and Technology

by Dr. Chris Fourment, SVP of Clinical Strategy at Iterative Health 01/24/2023 Leave a Comment

Boosting Clinical Trial Recruitment Requires Humanity – and Technology

Clinical trials should be a time of promise for better patient outcomes, as they explore new ways to potentially help patients suffering from a variety of conditions. Instead, this phase of treatment development is often met with exasperation as patients, researchers, and drug developers deal with the many barriers to clinical trial recruitment and access.   There are two central – and intrinsically linked – problems with the current state of clinical trial recruitment in the U.S.:
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Healthcare Profit Pools to Reach $790B by 2026, Report Reveals

by Syed Hamza Sohail 01/24/2023 Leave a Comment

Healthcare Profit Pools to Reach $790B by 2026, Report Reveals

What You Should Know: - Healthcare profit pools are expected to grow 4 percent annually resulting from $654 billion in 2021 to $790 billion in 2026, according to a new McKinsey report. - The report reveals inflation is not transitory and the economic outlook has meaningfully darkened due to a healthcare worker shortage and endemic COVID-19.   What to expect in US healthcare in 2023 and beyond The US healthcare industry faces demanding conditions in 2023, including
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Praying For The Survival of the NHS Will Not Be Enough To Save It

by Ivor Campbell, CEO of Snedden Campbell 01/24/2023 Leave a Comment

What Has COVID Ever Done For Us?

It’s often said that the National Health Service is the closest thing Britain has to a unifying religion. If that is the case, then the faith of the population is being tested like never before, With budgets already stretched before the COVID pandemic, additional cost pressures since heaped on health boards across the country by double-digit inflation have brought the NHS closer to breaking point than at any time in its history. Every passing day seems to bring bleaker news for the
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9 Executive Revenue Cycle Predictions/Trends to Watch in 2023

by Fred Pennic 01/23/2023 Leave a Comment

Executive Revenue Cycle Predictions/Trends

Nate Maslak, the co-founder/CEO of Ribbon Health Price Transparency: In 2022, we saw CMS’s Transparency in Coverage rule go into effect, requiring non-hospital entities like health plans and providers to publish publicly available rates for care. In 2023, we’ll see this price transparency data become more mainstream as it finally makes its way into the hands of patients, empowering them to find the best care for them, reevaluate their care choices, and shop around for the best possible care
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How Will The Inflation Reduction Act Impact Healthcare in 2023? 6 Trends to Know

by Syed Hamza Sohail 01/23/2023 Leave a Comment

How Will The Inflation Reduction Act Impact Healthcare in 2023? 6 Trends to Know

What You Should Know: - As the world prepares for the Inflation Reduction Act’s landmark policy changes, healthcare stakeholders realize that its wide-ranging effects will require new approaches to drug pricing, health plan design, and investment. - Avalere’s ‘2023 Healthcare Industry Outlook’ examines how community-wide healthcare will be affected by a recent court ruling, and consider data’s role in addressing health disparities. Key Trends in Healthcare in 2023 The main insights
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COVID-19 Health Systems Impact: What Will Stop The Cash Hemorrhage?

by Eugene Chan, MD, co-founder and chairman of Abpro 01/23/2023 Leave a Comment

COVID-19 Health Systems Impact: What Will Stop The Cash Hemorrhage?

The material cost of COVID-19 has been at the center of public discourse since the early days of the pandemic. In 2020, growth in federal government spending on healthcare increased 36 percent, compared to the 5.9 percent bump in 2019. While the distribution of vaccines has allowed for a version of pre-pandemic life to resume, hospitals are still not recovered from the high rates of hospitalizations that occurred in March 2020, and the indirect costs of the pandemic continue to loom over the
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AI Mental Health Chatbot Predicts Disorders with 93% Accuracy

by Syed Hamza Sohail 01/23/2023 Leave a Comment

AI Mental Health Chatbot Diagnoses Disorders with 93% Accuracy

What You Should Know: - London-headquartered digital health startup, Limbic, has announced that its psychological assessment tool, Limbic Access, has achieved Class IIa UKCA medical device certification – making it the first and only AI mental health chatbot in the world to earn this status for its clinical effectiveness, safety and risk management. - The certification confirms that its mental health e-triage chatbot, which is able to predict mental health disorders with an accuracy rate
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High Inflation is Driving The Deferment of Necessary Medical Care

by Paul Ketchel, CEO of MDsave 01/23/2023 Leave a Comment

High Inflation is Driving the Deferment of Necessary Medical Care

Inflation continues to be a burden – food, gas, holiday spending, new year’s goals This past year has been especially challenging as inflation costs continue to touch all aspects of daily life, leading to tough choices for many consumers as we finished the holiday season and look to goals and planning for 2023. In fact, two out of five (40%) survey respondents said inflation changed the way they shopped for the holidays.  As consumers adjust their spending habits, many are finding
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8 Executive Key Takeaways from JP Morgan Healthcare Conference

by Fred Pennic 01/20/2023 Leave a Comment

8 Executive Key Takeaways from JP Morgan Healthcare Conference

Mike Serbinis, CEO of League JPMorgan was buzzing this year. Part of that is post-Covid return to conference excitement. Part of that is the fact that healthcare has never been more important. While the economy was challenged in 2022, investors are ready to do business in healthcare. The stakes are getting higher and the opportunity in front of us is massive. Pete Anevski, CEO of Progyny People who are currently struggling with infertility, and those who are looking to start or expand
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The Health Data Interoperability Highway Is Coming. Is Your Organization Ready?

by Lee Barrett, Commission Executive Director of DirectTrust 01/20/2023 Leave a Comment

health data The Interoperability Highway Is Coming. Is Your Organization Ready?

Not many of us remember a time when there weren’t interstates widely available to help us get to where we need to go. Winding roads and sleepy towns can be nostalgic, but they’re not great time savers when time is of the essence. At a macro level, The Trusted Exchange Framework and Common Agreement (TEFCA) promises to be the interoperability superhighway for healthcare data, speeding information on patients from care facility and care provider — regardless of location or healthcare entity —
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