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AI Ambient Scribes Show Promise in Reducing Clinician Burnout, Research Reveals

by Fred Pennic 03/25/2025 Leave a Comment

AI Ambient Scribes Show Promise in Reducing Clinician Burnout, Research Reveals

What You Should Know:  - A new report from the Peterson Health Technology Institute (PHTI) reveals that early adopters of AI-powered "ambient scribe" technology, designed to automate note-taking during patient appointments, are reporting significant potential in reducing clinician burnout. However, the financial impact of these tools remains unclear. - Ambient scribes utilize artificial intelligence to convert patient-clinician conversations into EMR notes, aiming to alleviate the
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23andMe Files for Chapter 11 Bankruptcy to Facilitate Sale

by Fred Pennic 03/24/2025 Leave a Comment

23andMe to Mine Genetic Data for Drug Discovery

What You Should Know:  - 23andMe, a human genetics and biotechnology company, has announced its decision to initiate voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Missouri.  - The bankruptcy filing is aimed at facilitating a structured sale process to maximize the value of its business. The company has assured its customers that operations will continue as normal and that there will be no changes to the way customer data is stored,
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1 in 7 Americans Now Live in a Pharmacy Desert, GoodRx Reveals

by Fred Pennic 03/21/2025 Leave a Comment

1 in 7 Americans Now Live in a Pharmacy Desert

What You Should Know:  A silent crisis is unfolding across the United States, as pharmacy deserts proliferate, leaving millions of Americans without convenient access to essential medications and vital healthcare services, according to new data from GoodRx.  - The expanding problem is not merely an inconvenience; it represents a significant threat to public health, exacerbating existing health disparities and straining an already burdened healthcare system. Defining Pharmacy
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VA’s EHR Modernization Faces Turbulence Amid Contract Cancellations and Deployment Acceleration

by Jasmine Pennic 03/21/2025 Leave a Comment

Verizon Inks $448.3M Veterans Affairs Contract for Mobile Devices

What You Should Know:  - The Department of Veterans Affairs (VA) is navigating a complex landscape as it seeks to accelerate the rollout of its new Electronic Health Record (EHR) system from Oracle Cerner, while simultaneously cutting ties with numerous support contractors, Federal News Network first reports.  - The VA's recent mass cancellation of contracts, including those with at least six service-disabled, veteran-owned small businesses supporting the EHR modernization, has
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Aledade Expands Humana Value-Based Care Agreement to Serve FQHCs

by Fred Pennic 03/20/2025 Leave a Comment

Aledade Expands Humana Value-Based Care Agreement to Serve FQHCs

What You Should Know:  - Aledade has announced an expanded collaboration with Humana, designed to bolster the ability of Federally Qualified Health Centers (FQHCs) and rural health clinics to succeed in value-based care.  - The enhanced partnership aims to improve health outcomes, enhance quality of life, and increase healthcare affordability and accessibility for patients. Empower FQHCs and Rural Clinics in Value-Based Care By providing upfront resources, comprehensive
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Digital Health Adoption Trends by Each Generation: From Gen Z to Boomers

by Fred Pennic 03/17/2025 Leave a Comment

Digital Health Adoption Trends by Each Generation: From Gen Z to Boomers

What You Should Know:  - Digital health is rapidly moving into the mainstream, from Super Bowl commercials to new features in popular consumer products. A recent survey reveals that 58% of Americans used virtual care in the past year, although this represents a slight decrease (5 percentage points) compared to 2023. Wearable devices and connected devices are also increasingly common, with 53% of consumers owning at least one, and 54% using them to track health metrics
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Digital Musculoskeletal Care Hinge Health Files for IPO

by Fred Pennic 03/10/2025 Leave a Comment

Hinge Health, Amazon Partner to Expand Access to Musculoskeletal (MSK) Care

What You Should Know:  - Hinge Health, a digital healthcare company, has announced that it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its Class A common stock. - Hinge Health intends to list its Class A common stock on the New York Stock Exchange under the ticker symbol "HNGE." - Morgan Stanley, Barclays, and BofA Securities are acting as lead book-running managers for the proposed
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PE Firm Sycamore Partners Acquires Walgreens in $23.7B Deal

by Fred Pennic 03/06/2025 Leave a Comment

Walgreens, Pearl Health Partner to Expand Value-Based Care Delivery

What You Should Know:  - Walgreens Boots Alliance (WBA) has announced a definitive agreement to be acquired by an entity affiliated with Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments.  - The total value of the transaction is estimated to be up to $23.7B. Deal Structure and Shareholder Value WBA shareholders will receive $11.45 per share in cash at closing, along with a non-transferable right (DAP Right) to
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Latitude Health Launches AI-Native Utilization Management Solution

by Fred Pennic 03/06/2025 Leave a Comment

Latitude Health Launches AI-Native Utilization Management Solution

What You Should Know:  - Latitude Health, a San Francisco, CA-based company is emerging out of stealth with the launch of its AI-driven utilization management designed to eliminate inefficiencies, reduce costs, and improve patient outcomes.  - Backed by  Redesign Health, Latitude Health's commitment to improving healthcare is deeply rooted in the personal experiences of its industry veteran co-founders, Chuck Feerick and Guru Nadiger.  AI-Powered UM Designed with
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25 Key Trends Expected to Dominate HIMSS25 from Executives

by Fred Pennic 02/25/2025 Leave a Comment

We've gathered insights from leading healthcare executives and innovators to provide a glimpse into the key trends and discussions expected to dominate HIMSS25.

The Healthcare Information and Management Systems Society (HIMSS) annual conference is upon us, and this year, the spotlight is firmly on AI. From automating administrative tasks to revolutionizing diagnostics and treatment, AI is poised to reshape the healthcare landscape in 2025. We've gathered insights from leading healthcare executives and innovators to provide a glimpse into the key trends and discussions expected to dominate HIMSS25. Michael Poku, MD, chief clinical officer at
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OpenAI Launches ChatGPT for Clinicians: Free AI Documentation and Research Tool for Verified Physicians

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IKS Health Acquires TruBridge for Rural EHR and RCM Solutions Expansion

IKS Health Acquires TruBridge for Rural EHR and RCM Solutions Expansion

UT Austin is Building the Nation's First 'AI-Native' Hospital, Backed by $750M

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Oracle Lays Off 539 Kansas City Employees as Focus Shifts to AI Data Centers

SAMHSA and ONC Invest $20M in Behavioral Health IT Initiative

HHS Reverses 2024 Tech Reorganization: Why HHS Just Stripped AI and Cyber Operations Out of the ONC

How Small Medical Practices Can Build HIPAA-Aligned DevSecOps Without Enterprise Budgets

How Small Medical Practices Can Build HIPAA-Aligned DevSecOps Without Enterprise Budgets

Insilico Medicine and Eli Lilly Form $2.75B AI Drug Discovery Collaboration

Insilico Medicine and Eli Lilly Form $2.75B AI Drug Discovery Collaboration

Microsoft Copilot Health, Integrates Apple Health, Oura, and 50,000 EHRs in New AI Push

Microsoft Launches Copilot Health, Integrates Apple Health, Oura, and 50,000 EHRs in New AI Push

Health Recovery Solutions (HRS) Acquires Rimidi for Chronic Care Management and RPM Integration

Health Recovery Solutions (HRS) Acquires Rimidi for Chronic Care Management and RPM Integration

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