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AWS Launches $100M Generative AI Center to Accelerate Healthcare, Life Sciences

by Fred Pennic 06/23/2023 Leave a Comment

AWS Launches $100M Generative AI Center to Accelerate Healthcare, Life Sciences

What You Should Know:  Amazon Web Services, Inc. (AWS) announced an investment of $100M to launch the AWS Generative AI Innovation Center, with healthcare and life sciences as a prioritized industry (alongside Financial Services, Energy & Utilities, Telco, and others). The AWS Generative AI Innovation Center will connect AWS AI and machine learning (ML) experts with customers around the globe to help them envision, design, and launch new generative AI products, services, and
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UnitedHealthcare Launches Virtual Eyewear Prescription Renewal

by Jasmine Pennic 06/23/2023 Leave a Comment

UnitedHealthcare Launches Virtual Prescription Renewal Option

What You Should Know:  UnitedHealthcare launches a new virtual eyewear prescription renewal option for millions of members enrolled in eligible employer-sponsored vision plans.Millions of UnitedHealthcare Vision members now have the option to virtually renew their prescriptions for contact lenses and glasses at no additional cost, all from the comfort of home or on the go.   UHG Virtual Perscription Renewal Benefits The capability is designed as an additional option for
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RCM: Why Generative AI is Needed for Prior Authorization Reform

by Michael Rivers, MD, Sr. Medical Director of Ophthalmology, ModMed 06/23/2023 Leave a Comment

RCM: Why Generative AI is Needed for Prior Authorization Reform

The headline-grabbing emergence of generative AI platforms, such as ChatGPT, BARD and BingGPT, has forced leaders across all verticals to ask, “What can we optimize with AI?” The AI chatbots remain in early stages of their development, but they have shown enough promise to suggest their full arrival is imminent. Every industry is currently weighing the best way to deploy AI, and that includes healthcare, where efficiency and improved workflows can make a tangible impact on the care that patients
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GDIT Awarded $39M New Mexico Medicaid Enterprise Benefit Management Services Contract

by Jasmine Pennic 06/20/2023 Leave a Comment

GDIT Awarded $39M New Mexico Medicaid Enterprise Benefit Management Services Contract

What You Should Know:  General Dynamics Information Technology (GDIT), a business unit of General Dynamics, announced today that it was awarded a $39M Medicaid Enterprise Benefit Management Services contract by the state of New Mexico to support its Human Services Department (HSD). The new contract has a four-year base period with four option years.Under the Benefit Management Services contract, the GDIT team will implement a key module of this New Mexico’s Medicaid Management
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TikTok Reveals Consumers Want Engaging Healthcare Content

by John Vivoda Sr. Director, Patient Strategy and Product Management at Wolters Kluwer Health 06/20/2023 Leave a Comment

Dr. TikTok Has Shown That Health Consumers Want Approachable, Interactive Healthcare Content

Technology has drastically changed the way we consume information in our daily lives. That goes for healthcare information, too. Dated, static educational pamphlets featuring dense explanations of illnesses and medical procedures just won’t cut it anymore. Most patients now have a smartphone and the internet right in their pocket or readily accessible at home, and patients expect, and deserve, to receive healthcare information that speaks their language, both literally and
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Why Health Tech Firms Must Hire Chief Medical Officers

by Théo Rotellini, Principal at Heidrick & Struggles 06/19/2023 Leave a Comment

The health tech industry is driven by innovation and is constantly in a state of change. Yet it’s clear that post-pandemic investors and consumers are a lot less comfortable with decision-making that is purely made by technology gurus without senior medical expertise in the room.  From the outside looking in, it might seem obvious to have a medical officer on your leadership team, but research shows this is often not the case. According to CB Insights’ most recent ‘Digital Health 150’, it was
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Roundups: 18 Recent Strategic Digital Health Partnerships

by Strategic Digital Health Partnerships 06/16/2023 Leave a Comment

Northwell Health, Siemens Healthineers Partner on Population Health Research Project

care.ai, an advanced Smart Care Facility Platform partners with Samsung to bring the highest quality graphics and display to care settings, elevating the patient experience by transforming hospitals, nursing homes and care facilities with smarter, more responsive care environments. care.ai can deliver an elevated experience for both clinicians and patients by offering health systems integrated solutions combining care.ai's Smart Care Facility Platform with Samsung's healthcare-grade displays.
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Revenue Cycle: 3 Reasons Why Waiting for AI Adoption is Costly

by Andrew Lockhart, CEO and Co-founder, Fathom 06/15/2023 Leave a Comment

Revenue Cycle: 3 Reasons Why Waiting for AI Adoption is Costly

Few can miss the increasing role of AI in healthcare. In revenue cycle management (RCM), the last few years have seen the emergence of new technologies for coding and billing. These tools take advantage of natural language processing, deep learning, and other advancements that enable results far superior to the rules-based robotic process automation of the prior generation. For example, take medical coding. Healthcare providers have historically relied on teams of medical coders – people
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Uber Health Launches Grocery & OTC Item Delivery to Patient Homes Nationwide

by Syed Hamza Sohail 06/13/2023 Leave a Comment

Uber Health Launches Grocery & OTC Item Delivery to Patient Homes Nationwide

What You Should Know: Uber Health, Uber’s healthcare arm, today announced it will soon add grocery and over the counter (OTC) item delivery to its centralized HIPAA-enabled platform. Payers and providers nationwide will soon be able to use the same platform they already use for non-emergency medical transportation (NEMT) and prescription delivery to have groceries and OTC items delivered directly to patient homes, facilitated by Uber Eats.The first-of-its-kind platform will simplify and
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Despite Investment, Digital Health Adoption Remains Low for Health Plan Members

by Fred Pennic 06/12/2023 Leave a Comment

Despite Investment, Digital Health Adoption Remains Low for Health Plan Members

What You Should Know:  Despite investment in digital health tools, health plan member usage remains low, according to the J.D. Power 2023 U.S. Commercial Member Health Plan Study. The J.D. study reveals digital health usage for all tools and support remains below 50%.  Even among the sickest patients, use of online health assessments is 18%; use of chronic disease management tools is 8%; use of online triage and nursing support is 10%; and remote monitoring 6%. U.S.
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