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Health IT | News, Analysis, Insights - HIT Consultant

Report: Gen Z Leaving Healthcare in Droves Due to Toxic Culture

by Fred Pennic 11/15/2024 Leave a Comment

Report: Gen Z Leaving Healthcare in Droves Due to Toxic Culture, Stress

What You Should Know:  - A new report from Soliant Health reveals a concerning trend: healthcare professionals across all age groups are leaving the industry due to job stress, poor work-life balance, and unhealthy workplace cultures.  - Surprisingly, Gen Z (ages 18-27) is leading the exodus, with over 22% planning to leave their healthcare jobs within the next 1-3 years. Generational Differences in Departure Drivers While all generations struggle with workplace challenges,
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Bariatric Surgeries Decline as GLP-1s Use Rises, Impacting Hospital Margins

by Jasmine Pennic 11/15/2024 Leave a Comment

Bariatric Surgeries Decline as GLP-1s Use Rises, Impacting Hospital Margins

What You Should Know:  - A new report from Strata Decision Technology reveals a significant decline in the number of bariatric surgeries performed in U.S. hospitals in recent years.  - The trend coincides with the rising popularity of weight-loss medications like semaglutide (GLP-1s), which have gained widespread adoption since their approval for chronic weight management. Declining Surgical Volumes Strata's analysis of data from 809 hospitals nationwide shows a clear
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Ransomware Attacks on Healthcare Services Surge in 2024

by Fred Pennic 11/15/2024 Leave a Comment

Ransomware Attacks on Healthcare Services Surge in 2024

What You Should Know:  - Ransomware attacks are a growing threat across all industries, but the healthcare sector is facing a particularly alarming surge in these incidents, according to new data from SafetyDevices. - New data reveals a concerning trend of increased attacks on healthcare providers, raising concerns about patient safety, data security, and the financial stability of healthcare organizations. Healthcare: A Prime Target for Cybercriminals Healthcare services are
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SOFHA and Lumeris Partner to Enhance Value-Based Care in Tennessee and Virginia

by Syed Hamza Sohail 11/15/2024 Leave a Comment

SOFHA and Lumeris Partner to Enhance Value-Based Care in Tennessee and Virginia

What You Should Know: - State of Franklin Healthcare Associates (SOFHA), the largest employee-owned, physician-led multi-specialty primary care group in the nation, has announced a new partnership with Lumeris, a leading value-based care enablement company, to improve healthcare delivery and outcomes in Northeast Tennessee and Southwest Virginia communities beginning in 2025. - By combining SOFHA’s exceptional provider care with Lumeris’ expertise in population health management and
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HealthEdge, Codoxo Partner for GenAI-Driven Payment Integrity

by Syed Hamza Sohail 11/15/2024 Leave a Comment

HealthEdge, Codoxo Partner for GenAI-Driven Payment Integrity

What You Should Know: - HealthEdge® and Codoxo announce a strategic partnership to provide healthcare payers with the industry’s most cutting-edge solutions and services. -  This partnership will streamline and enhance their respective end-to-end payment integrity processes by leveraging HealthEdge Source™ in conjunction with Codoxo’s GenAI-driven Unified Cost Containment Platform. By joining forces to deliver an end-to-end payment integrity solution, healthcare payers will benefit from
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Impilo Secures $11.5M to Expand Access to At-Home Healthcare

by Fred Pennic 11/14/2024 Leave a Comment

Impilo Secures $11.5M to Expand Access to At-Home Healthcare

What You Should Know:  - Impilo, a digital health platform revolutionizing healthcare access raises $11.5M in a Series A funding round led by Construct Capital, with participation from GC 1 Capital, One Way Ventures, 2048 Ventures, and strategic angel investors. - Impilo's vision is a world where access to world-class healthcare is no longer limited by location or circumstance. By leveraging technology and innovation, Impilo is making this vision a reality, bringing convenient,
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The Future of Healthcare: AI-Powered Patient Experiences

by Juan Jose (JJ) Lopez Murphy, Head of AI and Data Science at Globant 11/14/2024 Leave a Comment

The Future of Healthcare: AI-Powered Patient Experiences

As the AI market in healthcare soars to a projected $187.95 billion by 2030, the transformative impact of technology on patient care becomes increasingly evident. AI is at the forefront of revolutionizing healthcare, blending data analytics, user-centric innovations, and advanced technology to reshape traditional health management and personalize the patient experience. This rapid evolution underscores a critical shift in healthcare dynamics by creating a patient experience that mirrors what
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Arcadia: Transforming Healthcare with Data-Driven Solutions

by Syed Hamza Sohail 11/14/2024 Leave a Comment

**Arcadia: Transforming Healthcare with Data-Driven Solutions** Arcadia empowers payers and providers to harness the full potential of their data, driving transformation in healthcare. Through an interoperable data platform, Arcadia uses advanced analytics to shape strategies, inform decisions, and facilitate actions that improve patient outcomes, operational efficiencies, and financial performance. Trusted by leading healthcare institutions such as Southwestern Health Resources, Tandigm, Castell, Rush Health, and Beth Israel Lahey Health, Arcadia is at the forefront of healthcare innovation. **Newly Launched Solutions** Arcadia has introduced several cutting-edge solutions to support healthcare organizations in improving their performance: - **Enhanced Benchmarks**: This solution helps organizations analyze market-based cost, utilization, risk, and quality benchmarks alongside their own performance, uncovering opportunities for improvement. By integrating CareJourney’s market intelligence—comprising 100% of Medicare fee-for-service claims and Medicare Advantage encounters—with Arcadia’s de-identified benchmarks, it provides fresh, transparent insights at the provider, practice, facility, and network level. - **Arcadia Vista Push**: An analytics activation layer that simplifies the delivery of custom insights to providers at scale via email. This solution automates enterprise-wide performance reporting, driving awareness and engagement with performance improvement strategies. It also streamlines provider group reporting for payers, supporting better decision-making. **Future Innovations** Arcadia continues to invest in innovative solutions that will launch in the coming quarter: - **Arcadia Network Modeler**: Powered by a comprehensive database of over 745,000 providers nationwide, this tool allows healthcare organizations to design, build, and evaluate networks. It provides valuable insights to help expand into new geographies, manage existing networks more effectively, and ensure health equity, quality care, and an improved member experience. The solution integrates with Arcadia’s workflow tools to automate referral management and reduce administrative tasks. - **Arcadia Contract IQ**: This tool simplifies the design, negotiation, and forecasting of value-based care contracts. Featuring a form-based interface, it fosters collaboration across stakeholders, reducing data sprawl and simplifying contract complexities. It also enables "what-if" analyses for contract terms and acts as a decision support tool to determine the optimal contract type for specific populations. Additionally, users gain access to Arcadia’s actuarial partners for further insights. Arcadia’s continuous investment in advanced analytics and data-driven solutions is shaping the future of healthcare, enabling organizations to make informed, impactful decisions that improve care and efficiency.

What You Should Know: - Arcadia® (arcadia.io), a leading data platform for healthcare, today announced the launch of two new solutions—Enhanced Benchmarks and Arcadia Vista Push—designed to help healthcare organizations improve value-based care performance and deliver actionable insights at scale.  - The company also detailed a product roadmap that sets the pace for innovation in healthcare analytics. These announcements set a vision for how Arcadia will bring solutions to market that are
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Helix Unveils AI Model Predicting Semaglutide Weight Loss Response at ASHG 2024

by Jasmine Pennic 11/14/2024 Leave a Comment

Helix Unveils AI Model Predicting Semaglutide Weight Loss Response at ASHG 2024

What You Should Know:  - Helix, a leader in population genomics and precision health, presented groundbreaking research at the American Society of Human Genetics (ASHG) 2024 Annual Meeting.  - The highlight was a novel AI-powered model that predicts the 12-month weight loss response of semaglutide, a popular medication for obesity and type 2 diabetes, in diverse populations. Predicting Weight Loss with Precision Helix researchers developed an integrated polygenic risk score
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AdventHealth Tops Gartner’s Healthcare Supply Chain Ranking for 2024

by Jasmine Pennic 11/14/2024 Leave a Comment

AdventHealth Tops Gartner's Healthcare Supply Chain Ranking for 2024

What You Should Know:  - Gartner has released its 16th annual Healthcare Supply Chain Top 25 ranking, and AdventHealth has claimed the top spot for the first time.  - The prestigious ranking recognizes US health systems demonstrating leadership in supply chain management amidst a challenging environment. Navigating Disruption and Prioritizing Risk Management This year's ranking highlights the resilience of healthcare supply chains in the face of ongoing disruptions, including
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