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
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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CareFirst BCBS Community Health Plan Maryland Launches Medicaid Member Program
What You Should Know:
- Wider Circle, which builds peer-driven communities nationwide to help people improve their health and quality of life through trusted connections, announced a partnership with CareFirst BlueCross BlueShield Community Health Plan Maryland (CareFirst CHPMD).
- CareFirst is one of the nation’s largest not-for-profit healthcare organizations. Wider Circle is working with their Medicaid plan to enhance member engagement and improve health outcomes
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Particle Health Sues Epic Systems, Alleging Antitrust Violations in EHR Market
What You Should Know:
- Particle Health, a company specializing in aggregating and delivering actionable patient data, has filed a federal antitrust lawsuit against Epic Systems Corporation.
- The lawsuit accuses Epic of abusing its dominant position in the electronic health records (EHR) market to hinder competition in the burgeoning payer platform market.
Epic's Alleged Anti-Competitive Practices
Particle's complaint alleges that Epic is actively thwarting the development of
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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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Noom Launches $149 GLP-1 Weight Loss Program with Sustainable Approach
What You Should Know:
- Noom, a digital healthcare company, is shaking up the weight loss industry with the launch of Noom GLP-1Rx, an innovative program offers affordable, accessible, and sustainable weight loss by combining compounded GLP-1 injections with Noom's proven behavioral change program.
- Noom GLP-1Rx delivers highly efficacious medications to the door within seven days starting at $149 and pairs those powerful medications with Noom GLP-1 Companion with Muscle
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Apple Launches AirPods Pro 2: All-in-One Hearing Health Experience
What You Should Know:
- Apple has introduced a groundbreaking new feature for AirPods Pro 2: the world's first end-to-end hearing health experience.
- The innovative solution combines a scientifically validated Hearing Test with a clinical-grade Hearing Aid capability, providing users with a comprehensive tool for managing their hearing health.
Addressing the Hearing Loss Epidemic
Approximately 1.5 billion people worldwide are living with hearing loss, according to the
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Withings Sleep Rx Receives FDA Clearance for Home Sleep Apnea Testing
What You Should Know:
- Withings, a global leader in connected health, has announced that its Sleep Rx sleep apnea device has received clearance from the U.S. Food and Drug Administration (FDA).
- Sleep Rx represents a significant advancement in the diagnosis of sleep apnea, offering a more convenient and accurate alternative to traditional in-lab testing.
Addressing the Underdiagnosis of Sleep Apnea
Sleep apnea is a serious condition that affects millions of people
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Abbott Launches OTC Continuous Glucose Monitor, Lingo
What You Should Know:
- Abbott, a global healthcare company, has announced the U.S. availability of Lingo, a continuous glucose monitoring (CGM) system designed for individuals who want to improve their overall health and wellness.
- Lingo is the first CGM available without a prescription designed for individuals who want to improve their overall health and wellness, regardless of whether they have diabetes.
A Powerful Tool for Health Management
Lingo combines a biosensor
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The Importance of Accurate Patient Matching for AI Projects
Famous artificial intelligence (AI) errors such as a Google search recommendation to put glue on a pizza to keep the cheese from falling off may cause a smile. However, when AI is mentioned in conjunction with healthcare, the stakes become serious — quickly since ‘hallucinations’ are not an option in healthcare!
But make no mistake: AI is infiltrating healthcare, from both clinical and operational angles. Estimates show the global AI healthcare market growing by 1,600% during the decade, from
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