Health systems across the country will require a plan to react to government deep spending cuts and revenue shortfalls due to the COVID-19 pandemic. Hospital services have seen a significant downturn in demand in 2020, and the recent resurgence in cases has led to further decreases. The public health emergency has also resulted in innovation, most notably telehealth, which has been granted temporary pay parity during the pandemic. Still, hospitals and health systems face a year of losses, but
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Healthcare Metadata Management: 3 Critical Capabilities to Creating A Unified, Automated Approach
The healthcare industry, like many others, has become a data driven industry collecting data from patients, doctors, labs, and payers that are all crucial to patient healthcare diagnosis and outcome. When it comes to research, data can be useful in creating emerging healthcare technological innovations, pharmaceutical discoveries, as well as other advances in the market but it also is accompanied by strong regulatory compliance, like stringent HIPAA laws, that dictate that this data is kept
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NLP is Raising the Bar on Accurate Detection of Adverse Drug Events
Each year, Adverse Drug Events (ADE) account for nearly 700,000 emergency department visits and 100,000 hospitalizations in the US alone. Nearly 5 percent of hospitalized patients experience an ADE, making them one of the most common types of inpatient errors. What’s more, many of these instances are hard to discover because they are never reported. In fact, the median under-reporting rate in one meta-analysis of 37 studies was 94 percent. This is especially problematic given the negative
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Holy Name, Sheba Medical Center Partner to Develop Digital Health Solutions
What You Should Know: - Holy Name Medical
Center based in New Jersey and Israel’s Sheba Medical Center, the largest
medical center in the Middle East announced a strategic partnership to develop
digital health and telehealth solutions, The
Times of Israel reports. - As part of the partnership, Holy Name’s team will Sheba’s ARC (Accelerate, Redesign, Collaborate) Innovation
Center with the focus of identifying clinical needs and developing
solutions to medical challenges. - ARC
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Tyto Care Launches AI-Powered Diagnostic Support Solution
What You Should Know: - Today, Tyto Care announced the company’s evolution from
telehealth to tele-diagnosis with its AI-powered diagnostic support solution,
providing clinicians with advanced insights for informed remote diagnoses. - The solution will improve the quality of remote triage
for common primary and chronic health issues – starting with wheezing and
stridor – grounded in Tyto Care’s industry-leading repository of remote exam
videos, sounds and images. Tyto Care, a
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After COVID-19, Healthcare’s Next Big Challenge: Reforming Surgery
Nearly six months after the World Health Organization declared COVID-19 a global pandemic, many hard-hit healthcare systems have begun resuming elective surgeries and redeploying surgeons, residents, and fellows back to their home departments after enlisting them in COVID wards and ICUs. These practitioners are returning physically exhausted and emotionally strained from the harrowing experience of serving on the front lines of the COVID response. Meanwhile, they have also seen their training
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Analysis: July Health IT M&A Activity; Public Company Performance
– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of July 2020. While a pandemic ravages the country, technology valuations are soaring. The Nasdaq hit an all-time high during the month of July, sailing through the 10,000 mark to post YTD gains of nearly 20%, representing a 56% increase off the low water mark on March 23. More notably, the Nasdaq has outperformed
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Q/A: Xealth’s CEO Talks Preparing for the Digital Health Avalanche
Xealth’s CEO and Cofounder Mike McSherry explain how healthcare systems can leverage the right data with the right digital health tools. There’s no
doubt the swell that is big data has been building for some time. However, the
question of how useful and all that data will continue to plague healthcare
providers. The overwhelm of information is real, but so is the potential for providers
to make actionable use of it, according to tech innovators. With doctors now prescribing more than
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4 Ways Healthcare Leaders Can Use Data & Analytics to Prevent, Predict and Prepare for a Pandemic
COVID-19 has put a laser focus on how data and analytics are powerful tools for healthcare leaders to predict, prepare, and respond in a proactive and coordinated manner to a global health crisis. Throughout the pandemic, data has been used to document the spread of the virus, project the curve, and more. Responses and actions to mitigate viral spread hinge on real-time data collection, governance, and analysis for instant decision making. The exchange of reliable, real-time data between
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Israel Aerospace Develops AI-Based Model to Predict Progression of COVID-19 Patients
What You Should Know: - Israel Aerospace Industries (IAI) scientists develop an AI-based model to predict the progression of COVID-19 patients using information from the Sheba Medical Center’s cloud database, harnesses advanced AI, big data, and machine learning technologies. - The predictive capabilities of the model can alert
medical staff on the deterioration of the patient’s condition, thus enhancing
patient care and flagging the cases with higher chances of medical
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