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AI in Healthcare| AI Impact for Researchers, Clinicians| Policy, News, Analysis, Insights - HIT Consultant

Why Data is at the Heart of Value-Based Care Success

by Steven Rube, M.D., Chief Clinical Officer, Intelligent Medical Objects 10/05/2022 Leave a Comment

Why Data is at the Heart of Value-Based Care Success

The saying “you cannot manage what you cannot measure” applies to all aspects of healthcare delivery, but it is especially true in value-based care. After all, payers, providers, and the patients they care for need to know what high-value care looks like at an individual level – and how it can be applied at the population level. Delivery and technology infrastructure. All too often, data is captured in disparate systems, forcing administrative staff – or, worse, physicians and nurses – to
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State Price Transparency Requirements Are No Longer Cut and Paste

by Kyle Forcier, Sr. Director, Life Sciences Product Marketing at Model N 10/05/2022 Leave a Comment

State Price Transparency Requirements Are No Longer Cut and Paste

For pharmaceutical manufacturing firms, the amount of documentation required around state price transparency regulations continues to expand. As it now stands, more than 22 states have transparency laws on the books, and each of these states requires a complicated and diverse set of reporting information, which was not the case five years ago. These transparency requirements – including the need to provide data in different formats and on different dates due to “triggering events” – mean that
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Healthcare Leads in Data Innovation, Lags in Talent Retention

by Syed Hamza Sohail 10/04/2022 Leave a Comment

Healthcare Leads in Data Innovation, Lags in Talent Retention

What You Should Know: - Splunk Inc., the data platform leader for security and observability, in collaboration with the Enterprise Strategy Group, today released the Economic Impact of Data Innovation 2023, a global research report that quantifies the economic benefits of mature data practices. - The report reveals the most data-savvy companies are increasing profits by 9.5%, are 2.9 times more likely to beat the competition to market, and are twice as likely to exceed financial
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Kahun Secures $8M for Clinical Reasoning Engine

by Syed Hamza Sohail 09/29/2022 Leave a Comment

Kahun Secures $8M for Clinical Reasoning Engine

What You Should Know: - Kahun, an evidence-based clinical reasoning tool for physicians, raises $8 million in a seed funding round led by LocalGlobe with the participation of  European Innovation Council (EIC) Fund as part of the EIC Accelerator program and The Founders Kitchen (TFK). - Kahun will leverage the funding to continue building the largest ever map of evidence-based medical knowledge powered by AI. The funds will be used to continue adding new sub-specialties beyond primary
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3 Steps to Powering Data Innovation with Analytics & AI

by Ryan Sousa, VP of Data, Analytics & AI (D2A), Pivot Point Consulting 09/28/2022 Leave a Comment

3 Steps to Powering Data Innovation with Analytics & AI

A hot topic we see and hear a lot in healthcare is leveraging big data. Little known fact, we don’t yet have big data in healthcare, so the industry hasn’t had the opportunity to use big data. Healthcare has been in the “little data” game because much of the healthcare experience has yet to be digitized. In addition, interoperability issues leave much data siloed on disparate databases across the healthcare ecosystem. This is all changing, and this change is accelerating. We’re quickly
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Fitbit & Google Cloud Launches Device Connect for Fitbit

by Fred Pennic 09/27/2022 Leave a Comment

Fitbit & Google Cloud Launches Device Connect for Fitbit

What You Should Know: - Today, Fitbit Health Solutions and Google Cloud are introducing Device Connect for Fitbit, which empowers healthcare and life sciences enterprises with accelerated analytics and insights to help people live healthier lives. - Fitbit data from their consenting users is made available through the Fitbit Web API, providing users with control over what data they choose to share and ensuring secure data storage and protection. Unlocking
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Optellum Raises $14M for AI-Enabled Lung Cancer Diagnosis

by Fred Pennic 09/27/2022 Leave a Comment

Optellum Raises $14M for AI-Enabled Lung Cancer Diagnosis

What You Should Know: - Optellum, an Oxford-based digital health company that provides a breakthrough AI platform to diagnose and treat early-stage lung cancer raises $14M in Series A funding led by Mercia, with additional investors Intuitive Ventures and Black Opal Ventures. Existing investors, including St John's College in the University of Oxford, IQ Capital, and the family office of Sir Martin & Lady Audrey Wood, also participated in this round. - The investment will enable
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How Health Systems Can Set A Robust Governance Strategy Over Clinical Taxonomy

by Rachelle Montano, VP of Clinical Strategy at Loyal 09/27/2022 Leave a Comment

How Health Systems Can Set A Robust Governance Strategy Over Clinical Taxonomy

Having a structured clinical taxonomy system in place is key to ensuring healthcare consumers are successfully finding care in the way they’re actually seeking it. The patient experience is enhanced when patients are able to find the right doctor and the right location for their individual health needs.  By their nature, taxonomies and their associations are dynamic, and so is the way people conduct digital searches. This article will explore a few ways
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AGS Health Launches AI-Powered Revenue Cycle Platform

by Fred Pennic 09/26/2022 Leave a Comment

AGS Health Launches AI-Powered Revenue Cycle Platform

What You Should Know: - AGS Health, a revenue cycle management (RCM) solutions provider and strategic growth partner to some of the largest healthcare systems in the U.S., announces the launch of the AGS AI Platform, a connected solution that blends artificial intelligence (AI) and automation with award-winning human-in-the-loop services and expert support to maximize revenue cycle performance. - The platform allows healthcare organizations to gain enhanced visibility into day-to-day
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Digiceuticals: Driving Growth Through Digital Health Services

by Subhro Mallik, SVP & Head of Life Sciences at Infosys 09/26/2022 Leave a Comment

Digiceuticals: Driving Growth through Digital Health Services

There was tremendous interest in telemedicine before 2020. However, the COVID-19 pandemic made it a reality triggering unprecedented disruption across the industry. For instance, digital-first healthcare aggregators had been testing programs for telemedicine but, since 2020, the demand for telehealth services has exploded across the globe. Despite stabilizing forces such as vaccine rollouts, telehealth utilization remains 38 times higher than it was in the years before the pandemic (1). Health
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