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
Read More
Health IT | News, Analysis, Insights - HIT Consultant
AI Mental Health Chatbot Predicts 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
Read More
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
Read More
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
Read More
The Health Data 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 —
Read More
Top 10 Health Technology Hazards in 2023 to Watch
What You Should Know:
- ECRI, the nation's largest non-profit patient safety organization, names communications gaps with recalls of home-use medical devices as the nation’s most pressing health technology safety issue for 2023.
- ECRI’s Top 10 Health Technology Hazards for 2023 list identifies the potential sources of danger that will warrant the greatest attention for the coming year and offers practical recommendations for reducing
Read More
Selux Receives FDA Clearance for its Rapid Antibiotic Susceptibility Test (AST) System
What You Should Know:
- Selux Diagnostics has been granted 510(k) clearance from the US FDA for its Next Generation Phenotyping (NGP) System — a rapid antibiotic susceptibility (AST) testing platform able to determine a bacteria’s susceptibility to a specific panel of antimicrobial agents.
- In vitro antimicrobial resistance test enables clinical labs to deliver targeted therapeutic results days faster than the current standard of care, clearing the path for personalized antibiotic
Read More
Datavant Partners with Socially Determined to Optimize Social Risk on Patient Outcomes
What You Should Know:
- Socially Determined, the social risk analytics and data company partners with Datavant, a company helping organizations securely connect health data.
- The strategic partnership enables Socially Determined to provide curated, de-identified and linkable social risk data on the patient-level. This capability will empower life sciences organizations to comprehensively assess and systematically address the impact of social risk on health outcomes.
Why It
Read More
Intermountain and Story Health Partner on Specialty Care for Patients with Heart Failure
What Should Know:
- Intermountain Healthcare and Story Health, a health technology and services company that provides scalable specialty care beyond the clinic, have entered into a strategic partnership to improve access to specialty care for patients with heart failure.
- The partnership combines Intermountain's leadership in clinical quality improvement and excellence in healthcare delivery with Story Health's specialty care platform solution to extend access to the high-quality heart
Read More
Inflation, Recession Fears Increase Tension Between Healthcare Patients and Providers
What You Should Know:
- Weave (NYSE: WEAV), the all-in-one customer communication and engagement platform for small- and medium-sized businesses, today announced new research, the 2023 Healthcare Business Insights Report, which examines how inflation and recession fears are impacting small healthcare offices, the patient experience and the strength of patient-provider relationships.
- The healthcare industry has become increasingly more competitive in the last five years. The sheer
Read More
