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Health IT | News, Analysis, Insights - HIT Consultant

Healthcare as a Right: How AI is Shaping Global Access

by Andreas Cleve, CEO at Corti 11/25/2024 Leave a Comment

Healthcare as a Right: How Artificial Intelligence is Shaping Global Access

The World Health Organization estimates that by 2030, the world will face a shortage of approximately 10 million healthcare workers globally if health systems do not make significant changes. This looming crisis threatens to leave millions without accessible, quality care, potentially leading to devastating consequences for individuals and communities worldwide. Luckily, AI tools are providing innovative solutions to this issue in a variety of ways that can alleviate the administrative burden on
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VA Award Medtronic Contract to Deploy AI-Powered Endoscopy Units Nationwide

by Fred Pennic 11/25/2024 Leave a Comment

VA Award Medtronic Contract to Deploy AI-Powered Endoscopy Units Nationwide

What You Should Know:  - Medtronic today  announced that the U.S. Department of Veterans Affairs (VA) has awarded a three-year contract for the deployment of nearly 100 additional GI Genius™ AI-powered endoscopy units across VA medical centers nationwide.  - The  expansion aims to provide veterans with access to state-of-the-art colorectal cancer screening technology. Improving Colorectal Cancer Screening for Veterans Colorectal cancer is a significant health concern,
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Siemens Healthineers and Ohio State Wexner Medical Center Forge $105M Value Partnership

by Fred Pennic 11/25/2024 Leave a Comment

Northwell Health, Siemens Healthineers Partner on Population Health Research Project

What You Should Know:  - Siemens Healthineers and The Ohio State Wexner Medical Center have expanded their long-standing collaboration to establish a 10-year, $105M Value Partnership.  - The strategic alliance aims to drive innovation in medical imaging, artificial intelligence (AI), and machine learning, ultimately transforming care delivery and improving patient outcomes. Accelerating Innovation in Healthcare The partnership will leverage Siemens Healthineers' expertise
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Cofactor AI Nabs $4M to Combat Hospital Claim Denials with AI

by Syed Hamza Sohail 11/25/2024 Leave a Comment

Cofactor AI Launches Platform to Help Hospitals Fight Tidal Wave of Claims Denials and Announces $4 Million Seed Round

 What You Should Know: - Hospitals across the country are facing an ever-increasing onslaught of claims denials from insurance companies, with denials up 20.2% in 2023, according to the American Hospital Association. These denials – triggered by AI and often error-prone – cost hospitals $20 billion a year in administrative bloat and reduce patients’ access to quality care. - To help hospitals fight back, Cofactor AI today introduced a new first-of-its-kind AI-powered
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Bed Shortages: How AI Can Help Reduce Length of Stay in Hospitals

by Michelle Wyatt, Senior Director of Utilization Review Services, Xsolis 11/22/2024 Leave a Comment

Bed Shortages: How AI Can Help Reduce Length of Stay in Hospitals

Length of stay management in acute care facilities represents a critical frontier for providers and payers to improve their own bottom lines, and also improve patients’ experience with the healthcare system.  Let’s take a closer look at how today’s systemic inefficiencies arose, and how collaboration within provider networks, and between payers and providers, might improve length-of-stay procedures and inefficiencies in the future. Acute care facility bed shortages, and how they
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AI in Healthcare: Balancing Automation with Human Expertise

by Kabir Gulati, VP of Data Applications at Proprio 11/22/2024 Leave a Comment

AI in Healthcare: Balancing Automation with Human Expertise

AI holds immense promise in healthcare, from improving patient care and operational efficiency to early disease detection and personalized treatment plans. AI's potential in a patient-centered environment hinges on understanding its capabilities, limitations, and the critical role of human oversight. While AI can greatly enhance human abilities, it is not infallible and cannot replace human expertise. Recognizing and preparing for AI's predictable (and unpredictable) outputs, ensuring
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Veradigm Launches AI-Powered Ambient Scribe to Ease Documentation Burden for Healthcare Providers

by Fred Pennic 11/21/2024 Leave a Comment

What You Should Know:  - Veradigm, a provider of healthcare data and technology solutions, has announced the launch of Veradigm Ambient Scribe, an AI-powered platform designed to reduce the administrative burden on healthcare providers.  - Powered by AvodahMed, the innovative solution uses ambient listening technology to automatically capture and transcribe patient-provider interactions, freeing up clinicians to focus more on patient care. Reducing Administrative Burden with
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Zarminali Health Raises $40M to Transform Pediatric Care with Integrated Approach

by Fred Pennic 11/21/2024 Leave a Comment

Zarminali Health Raises $40M to Transform Pediatric Care with Integrated Approach

What You Should Know:  - Zarminali Health, a new pediatric healthcare provider, has secured $40M in seed funding to revolutionize the delivery of primary and specialty care for children led by General Catalyst.   - Zarminali Health is poised to transform the pediatric healthcare landscape by providing a modern, integrated, and patient-centric approach to care. The innovative model has the potential to improve health outcomes for children, reduce clinician burnout, and
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Xsolis Leads in Client Satisfaction for Physician Advisory Services, KLAS Report Finds

by Fred Pennic 11/21/2024 Leave a Comment

Xsolis Leads in Client Satisfaction for Physician Advisory Services, KLAS Report Finds

What You Should Know: - A new KLAS Research report examines the key drivers of client satisfaction in the physician advisory services market, highlighting the importance of accuracy, timeliness, strong relationships, and specialized service lines.  - KLAS names Xsolis as a leader in overall client satisfaction among physician advisory services firms in helping healthcare providers navigate the complexities of regulatory and payer requirements.  Key Drivers of Client
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Revitalizing Medicare Advantage: How The Push to Streamline Prior Authorization Will Impact Senior Care

by Steve Kim, CEO of Valer 11/21/2024 Leave a Comment

Revitalizing Medicare Advantage: How The Push to Streamline Prior Authorization Will Impact Senior Care

As a physician, the odds that you’ve had a negative experience related to the prior authorization process are (unfortunately) highly likely. According to the American Medical Association’s (AMA) 2023 Prior Authorization Physician Survey, 1 in 4 physicians report that prior auths “have led to a serious adverse event for a patient in their care.” Think about the toll that this takes on professionals whose primary job is providing lifesaving care, and the thing preventing this care is outside their
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