What You Should Know:
- Hims & Hers Health, the leading health and wellness platform, has unveiled MedMatch, an AI-powered solution designed to revolutionize healthcare by providing providers with a more intelligent and informed way to deliver personalized care to patients, offering more effective and precise treatments and medications.
- The goal of MedMatch is to recommend clinical decisions and treatments informed by the collective knowledge of thousands of providers and
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
M&A: Surescripts Acquires Clinical Intelligence Company ActiveRADAR
What You Should Know:
- Surescripts, the leading health information network in the United States, has acquired ActiveRADAR, a clinical intelligence company focused on identifying therapeutic alternatives for prescriptions. Financial details of the acquisition were not disclosed.
- The acquisition is expected to have a positive impact on medication adherence, patient-provider engagement, and the overall patient experience by providing better alternatives and reducing waste and
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How AI Can Reinvent Nurse Staffing
Artificial intelligence is transforming the way the healthcare industry operates, from clinical decision-making to front-office tasks to financial workflows. Perhaps one of the areas where AI has the most potential is nurse staffing, an issue that has reached crisis proportions as a result of COVID-19.
The pandemic exacerbated existing issues such as short staffing and created new ones like skyrocketing contingent labor costs. Today, nurse turnover rates remain far higher than
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Videra Health Launches AI Digital Health Companion
What You Should Know:
- Videra Health has introduced Ava, an AI-powered digital health companion designed to improve patient engagement and care delivery for healthcare providers and payers.
- Videra Health's AI digital health companion aims to enhance patient compliance, awareness, and involvement in their own care, ultimately improving patient outcomes.
Ava: AI-Powered Digital Health Companion
The digital health companion utilizes large language models and machine learning
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The Realistic Future of ChatGPT/AI in Healthcare
As the buzz around ChatGPT and generative-AI continues, it’s important for health leaders to look past their excitement around these new tools and remain committed to ensuring patient trust is a top priority. Consider that six out of every ten patients are reportedly uncomfortable with providers relying solely on AI for specific healthcare needs, and while ChatGPT may appear to provide impressive responses, there’s still room for error and data misinformation, which can result in patient
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Generative AI Revolutionizing Digital Health Investment Strategies
What You Should Know:
- A significant 87% of digital health investors stated that generative AI solutions have influenced their investment strategies, with nearly 1 out of 5 respondents indicating that it is significantly affecting their strategy, according to the results of an online survey from GSR Ventures.
- GSR Ventures, an early-stage digital health investment firm with over $3.5B in assets under management, conducted an online poll in September 2023 with over 40
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Understaffed RCM Payment Teams Need a New Way Forward
Last year, only 8% of healthcare executives said their RCM or billing departments were adequately staffed, and a stunning 48% said the employee shortage was “severe,” according to a survey cited in MedCityNews.
RCM teams are the engine that allows the machinery of healthcare organizations to run. Without effective billing and payment processes that deliver positive patient financial experiences, everything grinds to a halt.
These staffing woes can’t continue. The cascade of problems that
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Covera Health Secures Up to $50M to Revolutionize Radiology Nationwide
What You Should Know:
- Covera Health, an AI-enabled diagnostic technology company, has announced securing up to $50M in additional Series C funding. This substantial funding aims to support their mission of reshaping the role of radiology on a national scale.
- The company's platform employs advanced data analytics and AI to enhance the quality and efficiency of radiology services. Their innovative approach focuses on improving radiology outcomes while reducing costs and unnecessary
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First CPT Code for AI Prostate Cancer Imaging Issued for Avenda Health
What You Should Know:
- Avenda Health's AI mapping tool for prostate cancer, Unfold AI™, has received significant recognition by obtaining a new Category III CPT code in the 2024 Current Procedural Terminology (CPT) code set, signifying its status as a cutting-edge medical technology.
- The new Category III CPT code, X237T, outlines the tool's capabilities, describing it as a non-invasive prostate cancer estimation map that is derived from an augmented analysis of image-guided fusion
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Amidst AI Promise, Health Information Workforce Shortages Persist: AHIMA Survey Revels
What You Should Know:
- A new survey conducted by AHIMA reveals that 66% of health information (HI) professionals have experienced ongoing staffing shortages in their workplaces over the past two years. These shortages were notably prevalent in areas such as data quality, consumer health information, revenue cycle management, privacy, risk, and compliance, and data analytics.
- The report, “Health Information Workforce: Survey Results on Workforce Challenges and the Role of Emerging
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