Hospitals serve as the lifeblood of our communities, delivering essential healthcare services to millions while also providing critical jobs nationwide. However, many of these indispensable institutions face severe financial strain. Nearly 40% of American hospitals expect to continue losing money from operations into 2024, with almost 80% operating at or near break-even. This precarious financial situation poses a significant threat to the sustainability of our healthcare system and, by
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Health IT | News, Analysis, Insights - HIT Consultant
Managing Technical Debt in Healthcare: A Guide for Hospitals and Health Systems
Organizations of every size and industry experience challenges associated with technical debt, which refers to future costs and inefficiencies resulting from not retiring outmoded IT applications.
The challenges are particularly acute for hospitals and health systems, especially in the wake of increased activity related to mergers and acquisitions (M&A). According to healthcare consultants Kaufman Hall, hospital and health system M&A activity increased 23% in 2023 to 65 announced
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Third-Party Cyberattacks: The Healthcare Sector’s Achilles’ Heel
The healthcare industry's continual digital revolution requires it to increasingly rely on third-party vendors for everything from electronic health records to telehealth platforms. While these partnerships offer undeniable benefits like improved patient care, cost savings and efficiency, they also expose healthcare organizations to third-party, or supply chain, cyberattacks.
The numbers are sobering. A recent analysis of data breaches by Security Scorecard for its Global Third-Party
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How ePaper Digital Whiteboards are Improving the Patient Experience
The link between patient experience and health outcomes is well-established: positive interactions enhance communication, adherence, and reduce readmissions, ultimately leading to improved results and greater provider profitability, according to a 2023 report from the National Library of Medicine. However, in the fast-paced hospital environment, particularly in the Emergency Department (ED), maintaining patient comfort can be challenging. Effective patient experiences also require swift,
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Interwell Health Launches Nephrology Rounds App with Epic EHR Integration
What You Should Know:
- Interwell Health, a value-based kidney care management company, has unveiled Acumen Rounder, a nephrology rounding application that seamlessly integrates with Epic’s electronic health record (EHR) system.
- The innovation is set to transform how nephrologists manage patient workflows and deliver value-based care.
Enhancing Nephrology Workflows
Acumen Rounder offers a comprehensive suite of features designed to improve efficiency, accuracy, and the
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5 Cybersecurity Strategies for Remote Patient Monitoring Systems
Remote patient monitoring systems have unlocked new standards of care. They can reduce lines in hospital waiting rooms, streamline checkups and enable fast, personalized treatments for improved health outcomes. However, they also present a growing cybersecurity risk.
Cyberattacks against health care are an increasingly frequent problem — 2023 saw the highest number of data breaches and the most leaked information on record. Wearables and other remote monitoring devices may add fuel to the
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Abridge, Cambridge Health Alliance Partner to Enhance Multilingual Care with AI
What You Should Know:
- Abridge, a provider of generative AI for healthcare, has partnered with Cambridge Health Alliance (CHA) to improve clinical documentation and enhance communication with diverse patient populations.
- The collaboration will empower CHA's clinicians with Abridge's AI-powered platform, which offers industry-leading multilingual capabilities.
Addressing Language Barriers in Healthcare
Language barriers can significantly impact patient care, leading to
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Healthcare as a Right: How AI 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
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
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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