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Healthcare Algorithms | News, Analysis, Insights - HIT Consultant

Value-Based Administration Enables All VBC Network Stakeholders to Benefit

by Rahul Sharma, CEO & Lynn Carroll, COO at HSBlox 04/03/2023 Leave a Comment

Value-based Administration Enables All VBC Network Stakeholders to Benefit

Despite holding the promise of delivering superior patient outcomes while lowering healthcare costs, many providers remain reluctant to embrace value-based care (VBC) reimbursement models. Progress toward VBC adoption hasn’t achieved its potential yet, hovering around 60% of all payment models from 2018 to 2021, with the remaining 40% comprised of traditional fee for service (FFS). Though some providers simply are hesitant to abandon the FFS model that has served them well, others are leery
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5 AI-Driven Healthcare Trends and Solutions in 2023

by Dmitrii Evstiukhin, Director of Managed Services at Provectus 03/28/2023 Leave a Comment

AI-Driven Healthcare Trends and Solutions in 2023

Enterprise-level healthcare is a massive business sector with seemingly infinite moving parts. With patients’ lives at stake, liability is huge, leaving little room for error. Yet human error is common in healthcare, and minor mistakes can cost millions in legal fees and lawsuits, not to mention risks to patient health. Healthcare enterprises are quickly embracing artificial intelligence solutions to mitigate loss, streamline operations, improve efficiency, and enhance customer
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Accenture Report Reveals Staggering Health Inequities and the Role of US Healthcare Ecosystem in Addressing Them 

by Syed Hamza Sohail 03/24/2023 Leave a Comment

New Accenture Report Reveals Staggering Health Inequities and the Role of US Healthcare Ecosystem in Addressing Them

What You Should Know: - Health equity – or the lack thereof – is one of the biggest challenges facing US healthcare organizations today. - A new report from Accenture, US health inequity: beyond the statistics, analyzes the role US healthcare ecosystem participants can play in addressing health inequities due to race and ethnicity. The statistics are staggering.  Analysing Key Trends Concerning Health Inequities  To understand the human and economic
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New Medical Billing Codes You Should Know About

by Jim Collins, President of Medcare MSO 03/16/2023 Leave a Comment

Physicians need to keep their billing and coding right to ensure seamless reimbursements from payers. Similarly, they should stay updated with the latest coding changes to keep their revenue cycle intact. In addition, running a successful medical practice is a daunting task as the providers need to stay updated with the industry guidelines. The year 2023 is bringing changes in medical codes to help providers reduce their burden and streamline patient care. So, providers need to stay focused on
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Opioid Settlements are Making Headlines; Is Now The Time to Soften Guidelines?

by Jeremy Bloom, CEO, NorthSight Recovery 03/15/2023 Leave a Comment

Opioid Settlements are Making Headlines; Is Now The Time to Soften Guidelines?

The United States only represents five percent of the world’s population; however, Americans consume 80 percent of the world’s opioids.1 The U.S. is the world’s leader in the use of opioid medications to cope with physical and emotional difficulties. And the recent Walgreens and Wal-Mart multi-state opioid settlement agreement disclosures have only hammered home the point. America continues to have an opioid addiction problem.  In light of all these circumstances, the recent CDC
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Implicity Launches SMART on FHIR App to Optimize Interoperability & Workflow Efficiencies

by Fred Pennic 03/03/2023 Leave a Comment

Implicity Launches SMART on FHIR App to Optimize Interoperability & Workflow Efficiencies

What You Should Know: - Implicity, a leader in remote patient monitoring (RPM) and cardiac data management solutions, released a new SMART on FHIR application to improve interoperability and workflow efficiencies for providers. - The new app improves cardiac remote monitoring workflows by providing clinicians access to Implicity alerts and reports directly within Epic's EHR system. Implicity Background Implicity's cloud-based platform allows cardiac teams to streamline workflows by
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Surgo Health Launches RWD-Driven Socio-Behavioral Analytics Platform

by Jasmine Pennic 03/03/2023 Leave a Comment

Surgo Health Launches RWD-Driven Socio-Behavioral Analytics Platform

What You Should Know: - Surgo Health, a new healthcare technology company dedicated to personalized care announced its official launch in Washington, D.C. - Formed as a public benefits company (PBC), Surgo Health is building on the analytics and proprietary data assets from Surgo Ventures and is developing a revolutionary socio-behavioral analytics platform and generating novel, real-world data to enable a greater understanding of the complex factors that influence how individuals engage
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What Impact Could AI Have On Genetic Testing?

by Dr Rocío Acuña Hidalgo, co-founder and CTO at Nostos Genomics 02/27/2023 Leave a Comment

What Impact Could AI Have On Genetic Testing?

The sequencing and analysis of human DNA have advanced significantly since the initial draft of a human genome that was published as part of the Human Genome Project. With DNA sequencing becoming increasingly cost-effective, the market for genetic testing is growing at an accelerating rate – the market for Next Generation Sequencing (NGS) services has an estimated annual growth of 18.3% from 2022 to 2030. AI presents a range of possibilities for this rapidly growing field, and in this article,
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Aledade Acquires Curia, Adds More Than 450 New Practices

by Jasmine Pennic 02/21/2023 Leave a Comment

Aledade Acquires Curia, Adds More Than 450 New Practice

What You Should Know: - Aledade today announced the acquisition of Curia, a leader in value-based care analytics using practical applications of artificial intelligence (AI) to optimize the targeting of patient care and engagement programs.  The acquisition will enhance Aledade’s ability to extract valuable insights from disparate data sources, provide more accurate predictions using past data, and optimize primary care workflows through cutting-edge AI algorithms. - In addition, the
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Unintended Bias in AI-Driven Healthcare Applications

by Syed Hamza Sohail 02/14/2023 Leave a Comment

Clinical Operations Makes Highest Use of Artificial Intelligence, Tufts Study Finds

What You Should Know: - Over the past few years, Artificial Intelligence (AI), and more specifically, Machine Learning (ML) technology, have experienced rapid adoption in the healthcare space as tools for diagnosis and decision-making. Such tools are intended to address challenges in the healthcare system to both processes and put into practice the proliferating medical findings, and also to support delivery of the promise of personalized and precision medicine. - Unintended bias in AI and
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