What You Should Know:
- Hippocratic AI, a pioneer in developing safety-focused Large Language Models (LLMs) for healthcare, announced today that it has received a significant investment from NVentures, the venture capital arm of NVIDIA.
- The $17M investment, backed also by Greycroft and Leo Shapiro of 7Wire Ventures, adds to Hippocratic AI’s recent Series A round, bringing the total funds raised to an impressive $137M.
Collaboration with NVIDIA
Hippocratic AI's
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Health IT | News, Analysis, Insights - HIT Consultant
Philips and Jackson Health System’s Collaboration Reduces Carbon Emissions in Patient Monitoring
What You Should Know:
- Philips and Jackson Health System have released the findings of a collaborative Life Cycle Assessment (LCA) demonstrating the substantial sustainability benefits of transitioning to Philips' next-generation monitoring solutions.
- The study, conducted at Jackson Memorial Hospital, Jackson North Medical Center, and Jackson South Medical Center, revealed a significant reduction in carbon emissions and waste, showcasing the potential for patient monitoring
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Moving Nurse Leaders from Task Managers to Business Leaders
As a CNO of more than 20 years, I have observed the nurse manager role evolve from what we would typically think of now as a charge nurse to that of essentially serving as the CEO of a multi-million-dollar enterprise. Nurse managers are responsible not only for clinical quality and patient satisfaction, but also for financial performance, employee engagement, operational efficiency, accreditation, regulatory standard compliance, and more. They are the linchpins to achieving hospitals’ strategic
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Komodo Health Integrates Cornerstone AI to Boost Healthcare Data Accuracy and Insights
What You Should Know:
- Cornerstone AI, creators of a powerful AI software solution that cleans real world healthcare data significantly faster and more accurately than existing solutions, today announced that healthcare technology company Komodo Health will integrate its software into components of its MapEnhance offering.
- The move comes upon the completion of a successful pilot program in which Cornerstone’s proprietary algorithms strengthened the fidelity of Komodo’s Lab Results, a
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Cardinal Health Acquires Integrated Oncology Network for $1.115B
What You Should Know:
- Cardinal Health (NYSE: CAH) has announced a definitive agreement to acquire Integrated Oncology Network (ION), a physician-led independent community oncology network, for $1.115 billion in cash.
- The acquisition will integrate ION into Cardinal’s Navista platform and expand its suite of solutions to deliver world-class patient care and experiences while navigating the complexities of the healthcare landscape.
Expanding Support for Independent
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Harnessing AI to Navigate the Shifting Landscape of Member Engagement
The healthcare landscape continues to evolve rapidly, driven by advancements in technology and the ongoing shift towards alternative payment models. As payers navigate this increasingly complex environment, member engagement has emerged as a critical factor in ensuring the success of healthcare initiatives. Now, with the emergence of artificial intelligence (AI) in healthcare and value-based care, understanding and prioritizing member engagement has become more important than ever.
Patient
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Ferrum Health Secures $16M for Vendor-Neutral AI Platform
What You Should Know:
- Ferrum Health, a pioneering software provider enabling AI deployment in healthcare systems, raises $16M in Series A funding led by Foundry, with participation from Catalyst by Wellstar, Headwaters Ventures, UnitedHealthcare Accelerator, and existing investors including Blumberg Capital, Cercano, GSR, Urban Innovation Fund, and Singtel Innov8. This brings Ferrum Health's total funding to $31M.
- This Series A funding will fuel Ferrum Health's expansion and
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Can Community Hospitals Weather the Financial Storm? What’s Needed
A recent survey of community hospitals found nearly 70% rate their financial health as “average” or poor.” In this environment, community hospitals must take a fresh look at their approach to patient financial engagement to protect their ability to provide needed care.
Hospital out-of-pocket collections declined sharply this year, down to nearly 48%, a Kodiak Solutions analysis shows. Moreover, more than half of write-offs — 53% — last year involved patients with some form of insurance,
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Vizient and Qualtrics Partner to Illuminate Patient Experience
What You Should Know:
- Vizient, Inc. the nation’s largest healthcare performance improvement company, and Qualtrics, the leader and creator of the experience management category, today announced an innovative strategic partnership to employ experience metrics to transform the way healthcare organizations measure and improve performance.
- The partnership will help organizations more deeply understand relationships between quality, safety, and patient experiences.
A New Approach to
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ECHO Model Proven Effective for Improving Diabetes Care in Rural Areas
- A recent study has shed light on the significant potential of the ECHO Model in improving diabetes care in rural communities.
- The research, published in The Journal of General Internal Medicine, showed that rural healthcare providers participating in weekly ECHO telementoring sessions achieved comparable results to endocrinology specialists in academic medical centers when managing patients with diabetes.
Significant Reduction in A1c Levels
The study, which spanned five years
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