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Health IT | News, Analysis, Insights - HIT Consultant

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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Healthpilot and Publix Partner to Simplify Medicare Plan Selection for Seniors

by Fred Pennic 11/13/2024 Leave a Comment

What You Should Know: - Healthpilot, an AI-powered Medicare comparison platform, and Publix Supermarkets have joined forces to simplify the process of choosing Medicare plans for seniors. - Publix Pharmacy customers can now access Healthpilot's comparison tool directly through the Publix website to review and compare Medicare Advantage and Part D prescription drug plans where Publix Pharmacy is a preferred pharmacy and Healthpilot is affiliated. Addressing the Complexity of Medicare Choices Navigating the Medicare landscape can be overwhelming for seniors. With an average of 43 Medicare Advantage plans and 21 Part D standalone prescription drug plans available, choosing the right coverage can be a daunting task. Unfortunately, research indicates that 7 out of 10 seniors do not compare plans, potentially leaving them with inadequate coverage. Expanding Access to Medicare Guidance This partnership between Healthpilot and Publix makes it easier for seniors to access personalized Medicare guidance. By integrating Healthpilot's comparison tool into the Publix website, the companies are reaching seniors where they already shop, providing convenient access to essential resources. AI-Powered Personalized Recommendations Healthpilot's AI-driven platform simplifies this process by analyzing individual needs and preferences, including preferred physician networks, pharmacies, prescription drugs, socioeconomic factors, and lifestyle needs. The platform then provides personalized Medicare plan recommendations tailored to each customer's unique circumstances. Key Features of the Healthpilot Platform Personalized Plan Recommendations: AI-powered analysis ensures that customers receive plan suggestions that align with their specific needs and preferences. Accessible Information: Healthpilot provides clear and comprehensive information about Medicare plans, empowering seniors to make informed decisions. User-Friendly Digital Experience: The platform offers an intuitive website that guides users through Medicare education, plan selection, and enrollment. Superior Customer Support: Healthpilot's team of licensed insurance agents and customer support personnel are available to answer questions and assist with the enrollment process. "Making Healthpilot available to Publix Pharmacy customers reflects our commitment to provide broad access to our industry-leading AI-powered Medicare shopping platform," said Seth Teich, CEO of Healthpilot. "We benefit from bringing our platform to a wider audience of pharmacy customers that know and love Publix for their superior shopping experience. Customers benefit from having access to an AI-powered solution that helps them find the right Medicare plan for their unique needs."

What You Should Know:  - Healthpilot, an AI-powered Medicare comparison platform, and Publix Supermarkets have joined forces to simplify the process of choosing Medicare plans for seniors.  - Publix Pharmacy customers can now access Healthpilot's comparison tool directly through the Publix website to review and compare Medicare Advantage and Part D prescription drug plans where Publix Pharmacy is a preferred pharmacy and Healthpilot is affiliated. Addressing the Complexity of
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Bluespine Raises $7.2M to Combat Medical Overbilling with AI

by Fred Pennic 11/13/2024 Leave a Comment

Bluespine Raises $7.2M to Combat Medical Overbilling with AI

What You Should Know:  - Bluespine, an AI-driven claims cost reduction platform for self-insured employers, has secured $7.2M in seed funding to address the pervasive issue of medical overbilling in the US healthcare system led by Team8. - The seed funding will accelerate Bluespine's adoption by US employers and brokers, as well as support further research and development. Tackling the Healthcare Cost Crisis Bluespine was co-founded by a team of technology experts with deep
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Why Specialty Practices Need an EHR Designed Just for Them

by Dr. Srdjan Prodanovich, Dermatologist and Creator of EZDERM 11/13/2024 Leave a Comment

Why Specialty Practices Need an EHR Designed Just for Them

Healthcare has never been more complex than it is today. There has been a rapid expansion of medical treatment options, increasingly stringent regulatory requirements, and an ever-evolving landscape of medical coding, billing, and reimbursement. The burden of navigating this complexity has shifted significantly—and, some may argue, unfairly—onto medical providers. This shift has led to widespread dissatisfaction across specialties.  As the demands on physicians increase, so does the need
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5 Key Strategies to Maximize Savings in Healthcare IT

by Krishna Subramanian, Co-Founder & COO at Komprise 11/13/2024 Leave a Comment

Leveraging the AI Opportunity for Healthcare Unstructured Data

In recent years, the healthcare industry has increasingly emphasized the importance of controlling costs, minimizing waste, and enhancing care outcomes. This focus is particularly urgent in California, where new legislation mandates state healthcare providers to limit spending growth to 3.5% in 2025 and 3% by 2029. The goal is to implement spending caps on hospitals, physician groups, and health insurers, with the expectation that these savings will ultimately benefit consumers. California
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Medicaid & Health Equity: Addressing Disparities in Maternal and Mental Health

by Kim Webb, VP of Health Strategy at Siftwell Analytics 11/12/2024 Leave a Comment

Medicaid & Health Equity: Addressing Disparities in Maternal and Mental Health

Recent advancements in healthcare, such as telemedicine, automation, and clinical studies, have propelled the industry forward, unleashing new possibilities for fostering better patient outcomes. While many are lucky enough to reap the rewards of new research and technology, critical communities are being left behind. The Medicaid population, who typically benefits from progress last, still grapples with harmful biases within the healthcare system that pose extreme barriers to care. A new
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