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Carequality Resolves Dispute Between Particle Health and Epic

by Fred Pennic 10/09/2024 Leave a Comment

Carequality Resolves Dispute Between Particle Health and Epic

What You Should Know:  - Carequality, a non-profit interoperability framework, has successfully resolved a dispute between two of its members, Particle Health and Epic.  - The resolution underscores the strength of Carequality's framework and the community's dedication to upholding trust and responsible data-sharing practices. Epic-Particle Dispute Resolution Process The dispute, which centered around allegations of improper data access and exchange practices, underwent a
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Harmony Healthcare IT Acquires Trinisys to Expand Data Management Capabilities

by Fred Pennic 10/09/2024 Leave a Comment

Harmony Healthcare IT Acquires Trinisys to Expand Data Management Capabilities

What You Should Know:  - Harmony Healthcare IT, a leading innovator in health data management solutions, has announced the acquisition of Trinisys, a prominent data management company based in Nashville, Tennessee. Financial details of the acquisition were not disclosed.  - The strategic acquisition strengthens Harmony Healthcare IT's position in the market and expands its ability to deliver comprehensive data lifecycle management solutions for healthcare
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US Healthcare System Deploys NVIDIA’s Digital Health AI Agents

by Fred Pennic 10/09/2024 Leave a Comment

US Healthcare System Deploys NVIDIA’s Digital Health AI Agents

What You Should Know:  - The U.S. healthcare system is rapidly embracing AI, and NVIDIA is at the forefront of this transformation, providing powerful tools and collaborating with public sector institutions to accelerate research and improve patient care. At the NVIDIA AI Summit in Washington, D.C., the company showcased its latest innovations, including NVIDIA NIM and NIM Agent Blueprints, which are already making a significant impact in the public sector. NVIDIA NIM and NIM Agent
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Pharmacogenomic Testing in Mental Health: The Need for a Broader Approach

by Kristine Ashcraft, President and Founder of YouScript (an Aranscia company) 10/08/2024 Leave a Comment

Kristine Ashcraft, President and Founder of YouScript (an Aranscia company)

What if we advised people to wear seatbelts only on certain days or when driving on specific highways? Clearly, this would result in real and avoidable harm. Unfortunately, something similar has happened to millions of patients who underwent pharmacogenomics (PGx) testing to aid in selecting drugs and doses for treating depression or anxiety, tailored to their unique genetics, without considering the broader implications. In mental health treatment, patients often endure multiple therapies
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Digital Health Funding in Q3 2024: Strategic Acquisitions and “Tapestry Weaving” Drive Market Evolution

by Fred Pennic 10/07/2024 Leave a Comment

Digital Health in Q3 2024: Strategic Acquisitions and "Tapestry Weaving" Drive Market Evolution

What You Should Know:  - The digital health sector maintained its "small but mighty" trajectory in Q3 2024, characterized by disciplined investments and strategic activities, according to Rock Health’s Q3 Digital Health Funding report.  - While deal counts decreased compared to previous quarters, average investment sizes remained steady, indicating a shift towards more focused funding. This trend, coupled with strategic acquisitions and a focus on enhanced
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DiMe, Google, Mayo Clinic Partner to Optimize AI Implementation in Healthcare

by Fred Pennic 10/07/2024 Leave a Comment

DiMe, Google, Mayo Clinic Partner to Optimize AI Implementation in Healthcare

What You Should Know:  - The Digital Medicine Society (DiMe) is launching a new collaboration with Google and Mayo Clinic to address the critical need for best practices and implementation strategies for artificial intelligence (AI) in healthcare.  - The partnership recognizes the transformative potential of AI while acknowledging the current gap between technological advancements and real-world integration. Bridging the Implementation Gap While significant investment and
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The Impact of Private Equity Consolidation in Healthcare

by Austin Walters, Managing Partner at SpringTide Ventures 10/07/2024 Leave a Comment

The Impact of Private Equity Consolidation in Healthcare

On a brisk 2023 October morning at St. Elizabeth’s Medical Center in Boston, Sungida Rashid and her husband Nabil held their newborn daughter for the first time. Rashid soon began to experience severe complications, including bleeding of the liver. This normally would be treated with embolization coils; however, the manufacturer had retrieved all coils at the hospital weeks before because Steward hadn't paid its bills. According to a lawsuit filed that same month by the manufacturer,
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Epic Declines to Appeal Carequality Resolution in Dispute with Particle Health

by Fred Pennic 10/01/2024 Leave a Comment

Epic Challenges Particle Health Over Data Access Practices

What You Should Know:  - In an ongoing dispute over patient data privacy, Epic Systems has announced it will not appeal the Carequality Steering Committee's resolution, urging Particle Health to do the same and allow for the immediate release of the full resolution document. Background of the Dispute The dispute arose earlier this year when Epic, acting on behalf of its customer governing council, filed a complaint with Carequality against Particle Health. Epic alleged that certain
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FOMO Drives AI Investment in Healthcare, Despite Trust Concerns

by Fred Pennic 10/01/2024 Leave a Comment

FOMO Drives AI Investment in Healthcare, Despite Trust Concerns

What You Should Know:  - A new study by intelligent automation company ABBYY reveals that fear of missing out (FOMO) is a major factor driving AI investment in healthcare.  - The study reveals that 57% of global healthcare providers expressed concern that their organizations will fall behind if they don't embrace AI. Efficiency and Patient Service as Key Drivers While FOMO plays a role, over half (52%) of healthcare leaders also cite increased efficiency and improved
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Beyond FHIR: AI’s Potential to Revolutionize Healthcare Data Insights

by Chief Clinical Innovation Officer, Access TeleCare 09/25/2024 Leave a Comment

Beyond FHIR: AI's Potential to Revolutionize Healthcare Data Insights

For decades, one of the most daunting tasks in healthcare has been managing and making sense of the vast amounts of data generated annually. From patient and outcomes data to billing and scheduling data, the list goes on and on. The predominant challenge lies not just in quantity but like this data: much if not most of it is unstructured, i.e., data that isn’t predefined and searchable on a table, such as text messages, images, videos, audio files, and emails. Historically, healthcare
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