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UNC Health to Pilot Epic, Microsoft’s Generative AI Tool

by Syed Hamza Sohail 05/25/2023 Leave a Comment

UNC Health to Pilot Epic, Microsoft’s Generative AI Tool

What You Should Know: UNC Health will participate as early adopters of Generative AI (Artificial Intelligence) tools through a program with Epic. It will be one of the initial few healthcare systems nationwide to do so.Epic and Microsoft announced a partnership in April to develop and integrate Large Language Models into Epic’s software. Building Strong Foundational IT Systems “We are incredibly excited that UNC Health’s work to build strong foundational IT systems and our existing
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Does Alzheimer’s Cure Matter if We Don’t Fix the Economic Infrastructure of the Disease?

by David Moss, CFO of INmune Bio 05/25/2023 Leave a Comment

: Does Alzheimer’s Cure Matter if We Don't Fix the Economic Infrastructure of the Disease?

Our brain is an extraordinary organ. This three-pound structure is the central processing unit of our universe that controls intelligence, sense, movement, behavior and much more. When healthy, we take it for granted, and when diseased we carry a substantial burden.  Astonishingly, the burden of Alzheimer’s disease (AD) and related dementias is growing rapidly with an aging population. The economic and health burden is expected to reach nearly $1 trillion by 2050. This is a massive
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AI Can Eliminate Surprise Bills, Improve Payment Integrity

by Michael Kim, Senior Vice President/CIO, MultiPlan 05/25/2023 Leave a Comment

How AI Can Eliminate Surprise Bills, Improve Payment Integrity

Anyone who receives a hospital, medical imaging, or outpatient surgery bill is usually surprised at the cost.  No matter the cost, how do they know the bill is correct? They don’t.  Incorrect medical bills have become so prevalent that organizations have started applying technologies like artificial intelligence (AI) and machine learning to reduce drastically high healthcare costs.  Consider what organizations as diverse as the Office of the Inspector General, Harvard
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M&A: Florence Acquires Virtual Care Solution Zipnosis

by Syed Hamza Sohail 05/24/2023 Leave a Comment

M&A: Florence Acquires Virtual Care Solution Zipnosis

What You Should Know: Florence,  an innovator in healthcare enablement software, announced today its acquisition of Zipnosis, an asynchronous-first virtual care solution that creates efficiency for clinicians while making quality care more accessible and affordable for patients. Through this acquisition, Florence will broaden its product offerings with synchronous and asynchronous virtual care and further their mission to create a consumer-centric interface that
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Denials Management Named Most Time-Consuming Task in RCM

by Fred Pennic 05/24/2023 Leave a Comment

Denials Management Named Most Time-Consuming Task in RCM

What You Should Know: A new HFMA survey commissioned by AKASA highlights the revenue cycle tasks requiring the most subject matter expertise, according to responses from over 550 CFOs and revenue cycle leaders at hospitals and health systems across the U.S.Denials management not only requires the most subject matter expertise, but it’s also the most time-consuming task within revenue cycle management (RCM) — followed by prior authorization and insurance
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Why Adopting Value-Based Care Models for Autism Care Is Imperative

by Daniel Etra, CEO and Co-founder, RethinkFirst 05/24/2023 Leave a Comment

Adopting Value-Based Care Models for Autism Care Is Imperative

We all know the stark reality: rates of mental illness, substance use, and developmental disorders continue to rise in the U.S. and estimates show that 1 in 44 children are diagnosed with autism spectrum disorder (ASD).  Add to that the ongoing efforts to reduce stigma and it’s no surprise that the increased demand is overwhelming existing resources.  Improvements in both the efficiency and effectiveness of care and treatment are critical in addressing the crisis. Doing so
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Vanderbilt University Medical Center Taps Philips to Reduce Carbon Footprint

by Jasmine Pennic 05/23/2023 Leave a Comment

What You Should Know: Vanderbilt University Medical Center (VUMC) and Philips announced a collaboration to reduce the health system’s carbon footprint with a project focused on measuring and addressing energy consumption in the radiology department. Radiology is an especially high contributor to the CO2  emissions responsible for climate change with its heavy energy, equipment, and supply usage. Philips and VUMC will analyze radiology energy consumption data from VUMC’s diagnostic imaging
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Q/A: IQVIA’s Global Lead Talks Unlocking AI for Drug Repurposing

by Fred Pennic 05/23/2023 Leave a Comment

In an interview with HIT Consultant, Nathan Sommerford, Global Lead for Drug Discovery and Development, IQVIA talks how unlocking artificial intelligence (AI) in drug repurposing is transforming pharma and biotech companies. What are some of the challenges and problems associated with drug discovery “from scratch”?  Nathan Sommerford, Global Lead for Drug Discovery and Development, IQVIA: In the traditional drug discovery and development paradigm, it can cost up to $1.8 billion and
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5 Executives Weigh in on VBC Impact on Kaiser/Geisinger Deal

by Executive Insights 05/22/2023 Leave a Comment

M&A: Kaiser Acquires Geisinger, Forms Risant Health

We recently asked five digital health executives to share their insights on the recent Kaiser's recent acquisition of Geisinger Health and it's impact to accelerate value-based care. Andy Flanagan, CEO of Iris Telehealth This acquisition presents a significant upside for the industry's move to improve access to quality, affordable care. Kaiser and Geisinger are two of the premier organizations in our country driving towards value-based care at scale for their communities. The creation
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Digital Health Executive Hires & Departures: Ed Marx Departure, Particle Health CEO, Rhapsody CFO, Others

by Recent Digital Health Executive Hires & Departures 05/19/2023 Leave a Comment

Digital Health Executive Hires & Departures

Health IT veteran Ed Marx announces his departure as CEO at Divurgent to launch his advisory company, Marx Advisory focused on helping healthcare executives & organizations achieve objectives and key results. Particle Health appointed Jason Prestinario as its next CEO, effective today. Troy Bannister, founder and current CEO, will continue with Particle as Chief Strategy Officer, where he will spearhead product innovation. Rhapsody names Jeff Chiumiento as the company’s new
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Beyond the Hype: New KLAS Data Validates the Financial and Clinical ROI of Ambient AI

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Anthropic Debuts ‘Claude for Healthcare’ and Opus 4.5 to Engineer the Future of Life Sciences

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From Genes to Hackers: The Hidden Cybersecurity Risks in Life Sciences

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Utah Becomes First State to Approve AI System for Prescription Renewals

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NYC Health + Hospitals to Acquire Maimonides in $2.2B Safety Net Overhaul

NYC Health + Hospitals to Acquire Maimonides in $2.2B Safety Net Overhaul

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