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Health IT | News, Analysis, Insights - HIT Consultant

The Role of Incentives in Member Activation and Behavior Change

by Heather Cox, President of Insights & Empowerment, a division of Zelis 10/24/2024 Leave a Comment

The Role of Incentives in Member Activation and Behavior Change

When members are engaged in proactive care, it can improve clinical outcomes and reduce costs. Still, despite health plans’ many efforts to modernize and improve the member experience, motivating members to be active participants in their healthcare remains a challenge.  Much of this challenge stems from a lack of clarity and transparency (what will something cost, which doctors or specialists are in the network, how to find and access care, etc.).  Health plans have increased their
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Cognosos Acquires Cox Prosight, Enhancing RTLS for Hospitals

by Fred Pennic 10/24/2024 Leave a Comment

Cognosos Acquires Cox Prosight, Enhancing RTLS for Hospitals

What You Should Know:  - Cognosos, a provider of real-time location services (RTLS) for healthcare, has acquired Cox Prosight, an award-winning RTLS platform specifically designed for hospitals.  - This strategic acquisition combines Cognosos' AI-powered location technology with Cox Prosight's robust platform, creating a cutting-edge solution to address the operational challenges faced by hospitals today. Addressing Critical Needs for Hospitals This acquisition comes at a
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Philips, Medtronic Neurovascular Partner to Advocate for Improved Stroke Care

by Fred Pennic 10/24/2024 Leave a Comment

Philips, Medtronic Neurovascular Partner to Advocate for Improved Stroke Care

What You Should Know:  - Philips and Medtronic Neurovascular, an innovator in neurovascular therapies, have announced a strategic partnership to advocate for improved stroke care worldwide.  - Recognizing the critical need for timely diagnosis and treatment of stroke, the two companies are joining forces to raise awareness, improve access to care, and leverage technology to enhance stroke outcomes. The Global Burden of Stroke Stroke is a leading cause of disability and
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The Future of EMRs: AI-Powered, Patient-Centric, and Interoperable

by Mallika Edwards, Chief Product Officer, Xsolis 10/24/2024 Leave a Comment

The Future of EMRs: AI-Powered, Patient-Centric, and Interoperable

Imagine a world where a patient can visit any healthcare provider around the globe, and that provider has access to your entire health history and lifestyle habits within minutes, enough to diagnose what ails you and provide relief and treatment options. Imagine also a healthcare system that offers valuable insights to the provider along the way — like a little genie sitting on their shoulder, prompting necessary actionable insights based on evidence. That world might be years away at best, but
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HCA Healthcare, Commure to Deploy Ambient AI Platform Across Enterprise

by Fred Pennic 10/23/2024 Leave a Comment

HCA Healthcare, Commure to Deploy Ambient AI Platform Across Enterprise

What You Should Know:  - HCA Healthcare, one of the nation's largest healthcare providers has selected Commure to develop and deploy an ambient AI platform across its vast network of healthcare professionals.  - By automating clinical documentation and streamlining workflows, this innovative platform has the potential to transform healthcare delivery and improve patient outcomes across HCA Healthcare's vast network of facilities. Transforming Healthcare Through
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Archy Raises $15M to Optimize Dental Practices with AI-Powered Automation

by Syed Hamza Sohail 10/23/2024 Leave a Comment

rchy Raises $15M to Optimize Dental Practices with AI-Powered Automation

What You Should Know: -Archy, a pioneer of cloud-based automation software for dental practices, today announced it has raised $15M Series A funding in a round led by Entrée Capital with participation from Bessemer Venture Partners, CRV, Alven, 20VC Growth fund and several angel investors and dental professionals. -The investment will advance further development of the Archy product, embedding AI across various areas to make dental practices more efficient and allowing dental teams to
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Net Health Integrates Tali’s AI-Powered Ambient Scribing to Transform EHR Documentation

by Fred Pennic 10/23/2024 Leave a Comment

Net Health Integrates Tali's AI-Powered Ambient Scribing to Transform EHR Documentation

What You Should Know:  - Net Health, a provider of specialized healthcare software solutions, has announced a strategic partnership with Tali, an AI assistant and ambient clinical documentation company.  - The partnership will integrate Tali's voice-enabled AI assistant into Net Health's EHR software, transforming documentation processes and empowering clinicians to focus more on patient care. Addressing the Burden of Clinical Documentation Healthcare providers, particularly in
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HLTH: KLAS Research Unveils Top 20 Emerging Healthcare Solutions

by Fred Pennic 10/22/2024 Leave a Comment

HLTH: KLAS Research Unveils Top 20 Emerging Healthcare Solutions

What You Should Know:  - KLAS Research, a healthcare research and insights firm, has announced the winners of its 2024 Emerging Solutions Top 20 awards at the HLTH 2024 conference. These awards recognize the most innovative and impactful emerging healthcare companies that are poised to transform the industry. - While AI and other emerging technologies offer tremendous potential, the KLAS report also acknowledges the challenges of integrating these solutions into existing healthcare IT
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HLTH: Essence Healthcare to Offer Free Oura Ring to Medicare Advantage Members

by Jasmine Pennic 10/22/2024 Leave a Comment

HLTH: Essence Healthcare to Offer Free Oura Ring to Medicare Advantage Members

What You Should Know:  - Essence Healthcare, a provider of Medicare Advantage (MA) plans forms a new partnership with ŌURA, the maker of the Oura Ring.  - Starting in 2025, eligible Essence MA members will receive a complimentary Oura Ring and a subscription to the Oura App, giving them access to advanced biometric tracking and personalized health insights. Empowering Members with Data-Driven Insights This unique benefit, a first for any MA plan, reflects Essence's
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Zombie Investments: The State of Private Equity in Healthcare

by Greg Hagood, President of SOLIC Capital, LLC 10/22/2024 Leave a Comment

Zombie Investments: The State of Private Equity in Healthcare

Private equity (PE) firms, once eager investors in the healthcare services sector, are facing a chilling reality. A confluence of factors including challenges recruiting and retaining physicians, reimbursement headwinds, accelerating labor costs and restrictive antitrust policies, have resulted in a string of high-profile failures, and are casting doubt on the future role of PE in healthcare. This shift has profound implications across the healthcare delivery spectrum – from hospitals and health
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