What You Should Know:
Hospital finances showed signs of stabilizing in May, amid slightly improving operating margins, declining expenses and notable increases in outpatient visits, according to the latest National Hospital Flash Report from Kaufman Hall.
The National Hospital Flash Report draws on data from more than 1,300 hospitals from Syntellis Performance Solutions.
Analysis Shows Slow Increases in Margins
Key findings of the report include:
The median
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Health IT | News, Analysis, Insights - HIT Consultant
Epic EHR Integrates with Nuance’s AI-Powered DAX Express
What You Should Know:
Epic and Nuance (a Microsoft company) expand their long-term strategic collaboration by integrating Nuance’s new Dragon Ambient eXperience Express (DAX Express), the first fully AI-automated clinical documentation application in healthcare, into Epic workflows.As part of the integration, DAX Express for Epic will deliver everything clinicians need in one place to create a comprehensive note quickly, decreasing cognitive load, increasing provider satisfaction, and
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How EHR Interoperability Will Impact Health Care IT in 2023 and Beyond
The U.S. healthcare system has been in desperate need of modernization for decades. Thankfully, essential change is finally happening.
IT workers at healthcare organizations are now creating more efficient and effective electronic health records (EHRs), a process that requires integrating EHRs with new patient-access technologies. It also means that other healthcare workers – medical assistants, teletriage nurses, call center agents, etc. – need to change the way they work in
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U.S. Virgin Islands Launches Health Data Interoperability Pilot
What You Should Know:
U.S. Virgin Islands (USVI) Governor Albert Bryan Jr. signed a Letter of Intent with CRISP Shared Services to participate in a health data interoperability pilot program that will lay the foundation for OHIT’s Health Information Exchange in the Territory. The pilot establishes the initial phase of the Territory’s Health Information Exchange (HIE), which will enable the instant sharing of health information among doctors’ offices, hospitals, federally qualified health
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Advantus Health and Medline Form $2.9B Strategic Partnership
What You Should Know:
Advantus Health Partners announced a new 10-year, $2.9B strategic partnership with Medline to establish agility and scale, supply chain resiliency and enhanced clinical integration with the nurses and physicians who use Medline’s product.Medline’s products will support the improvement of quality patient care and operating performance of Advantus’s growing client base of more than 200 hospitals, 1,700 sites of care and 600+ clinics in 46 states.This strategic partnership
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UnitedHealthcare Launches Virtual Eyewear Prescription Renewal
What You Should Know:
UnitedHealthcare launches a new virtual eyewear prescription renewal option for millions of members enrolled in eligible employer-sponsored vision plans.Millions of UnitedHealthcare Vision members now have the option to virtually renew their prescriptions for contact lenses and glasses at no additional cost, all from the comfort of home or on the go.
UHG Virtual Perscription Renewal Benefits
The capability is designed as an additional option for
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RCM: Why Generative AI is Needed for Prior Authorization Reform
The headline-grabbing emergence of generative AI platforms, such as ChatGPT, BARD and BingGPT, has forced leaders across all verticals to ask, “What can we optimize with AI?” The AI chatbots remain in early stages of their development, but they have shown enough promise to suggest their full arrival is imminent. Every industry is currently weighing the best way to deploy AI, and that includes healthcare, where efficiency and improved workflows can make a tangible impact on the care that patients
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Quest Diagnostics Completes Acquisition of Haystack Oncology
What You Should Know:
Quest Diagnostics announced that it has completed its $450M acquisition of Haystack Oncology.Haystack Oncology has developed a highly sensitive minimal-residual disease (MRD) testing technology, based on circulating tumor DNA (ctDNA), to aid in the early detection of residual or recurring cancer and better inform therapy decisions.Acquired back in April, the acquisition will leverage Quest’s expertise and scale in oncology, genomics and pathology. Quest
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Verana Health Launches RWE-Driven Solution for Clinical Trial Site Selection
What You Should Know:
Verana Health®—a digital health company elevating quality in real-world data (RWD)—today announced the launch of VeraSite, a solution for identifying potential clinical trial sites.The new subscription-based tool offers clinical trial sponsors and contract research organizations (CROs) a secure way to quickly identify practices with clinical expertise and potential patient populations matched to unique study protocols. This data can guide site selection, ensuring
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Zocdoc Integrates With Elation Health for Seamless Online Schedule
What You Should Know:
Zocdoc, a healthcare marketplace that makes it easy to find and book in-person or virtual care across over 250 specialties and more than 18,000 insurance plans, today announced its partnership with Elation Health, the clinical-first healthcare technology company powering innovation in primary care. Now, any healthcare provider or practice using the Elation EHR can seamlessly integrate its calendar with Zocdoc to automatically surface their real-time appointment
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