Nurses have the highest level of public trust across medical professions, yet there’s a huge chasm between Americans’ appreciation for nursing and the profession’s uncertain future. A nursing shortage, exacerbated by the COVID pandemic, has been fueled largely by high levels of moral distress, politicization, and lack of support. Left unchecked, the country will experience a critical shortfall of nearly 200,000 nurses in just a few years, according to the latest U.S. Bureau of Labor
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Epic Integrates Abridge’s Generative AI Clinical Documentation in EHR
What You Should Know:
Abridge, the leader in generative AI for clinical documentation, is now the first Pal in Epic’s Partners and Pals program.The collaboration will make Abridge’s generative AI-based documentation solution available for integration in Epic’s clinical workflows, giving providers the ability to generate real-time, structured summaries of their patient conversations with complete auditability. Together, Abridge and Epic aim to help providers be more present and
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M&A: Definitive Healthcare Acquires Provider Intelligence Platform Populi for $52M
What You Should Know:
Definitive Healthcare acquires Populi, a provider of healthcare commercial intelligence for providers for $52M in cash, subject to working capital adjustments, with the potential for additional consideration contingent upon the achievement of certain performance-based milestones in 2024 and 2025.Founded in 2020, Populi delivers healthcare commercial intelligence for the provider market, serving some of the country’s largest healthcare systems, including the
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Steve Jobs’ Son Launches $200M Fund to Fight Against Cancer
What You Should Know:
Reed Jobs - the son of Steve Jobs today announced the launch of his new venture capital (VC) investment fund, Yosemite, spun out from Emerson Collective Health with an oversubscribed $200M+ first close.Yosemite aims to meaningfully accelerate the technology, treatments, and standard of care that have the power to improve the health and lives of cancer patients.Composed of the Emerson Health team, Yosemite’s unique model provides no-strings-attached
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Amazon Clinic Expands Virtual Health Nationwide
What You Should Know:
Today, Amazon Clinic announced it is now available to customers in all 50 states and Washington, D.C., offering more people easy access to licensed clinicians for virtual care.Amazon Clinic is a virtual health care marketplace available to adults 18-64, that connects customers to third-party, licensed clinicians to help manage common health conditions like urinary tract infections, pink eye, and erectile dysfunction.
Amazon Clinic Background
Customers can select
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Why Digital Pathology’s Ecosystem Won’t Support AI Startups
Whilst growth in the overall digital pathology AI market is set to scale quickly, cannibalization and consolidation are expected to create headwinds for individual AI vendors. How do investors know where their money is safest?
The recent abundance of digital pathology (DP) media coverage can make it hard to remember that not too long ago, this was a market perpetually ‘lagging’ versus other digital healthcare sectors. And whilst growth has now firmly shifted to its ‘log’ phase, there are
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AWS Launches Generative AI Solution That Auto Generates Clinical Notes
What You Should Know:
Amazon Web Services, Inc. (AWS) launches AWS HealthScribe, a new HIPAA-eligible service that empowers healthcare software providers to build clinical applications that use speech recognition and generative AI to save clinicians time by generating clinical documentation. With AWS HealthScribe, healthcare software providers can use a single API to automatically create robust transcripts, extract key details (e.g., medical terms and medications), and create
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M&A: Practice Better Acquires Nutrition Planning Platform That Clean Life
What You Should Know:
Practice Better, a leading, all-in-one practice management software platform for health and wellness professionals, announced today that it has acquired That Clean Life, a Toronto-based nutrition planning software for health and wellness professionals.The acquisition will allow Practice Better customers to seamlessly integrate nutrition planning and healthy eating into the workflows of customers and care plans for clients. This move bolsters Practice Better’s practice
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How the VA Uses Synthetic Data to Predict Veterans’ Suicide Risk
Suicide is a major public health crisis in America, resulting in one death every 11 minutes, on average.
In 2020, suicide was among the top 9 leading causes of death for people between 10 and 64 years of age. Each year, suicide and nonfatal self-harm cost the nation nearly $490 billion in medical costs, work-loss costs, the value of statistical life, and quality-of-life costs, according to statistics cited by the U.S. Centers for Disease Control and Prevention.
For America’s
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M&A: Axxess Acquires Home Health EHR Complia Health
What You Should Know:
- Home healthcare technology provider Axxess announced it has acquired Complia Health, a provider of EMR solutions, technology and services for home care, home health and hospice agencies.
- The acquisition will help both organizations combine resources to help clients accelerate outcomes and provide world-class care team and consumer experiences.Financial details of the acquisition were not disclosed. In addition, the acquisition adds more clients,
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