EHRs have long been blamed for fueling clinician frustration and burnout. According to a recent study published in the Journal of Informatics in Health and Biomedicine, 70 percent of clinicians reported experiencing stress related to the use of health information technology. In an effort to address those issues, healthcare organizations have spent countless hours and revenue to rip out inefficient clinical systems and replace them with new technologies—yet clinician satisfaction hasn’t
Read More
Clinical Documentation | CDI | News, Analysis, Insights
Report: State of Health IT Private Equity in the Era of COVID-19
In May, as the U.S. cautiously started to reopen amid intense controversy, HGP polled hundreds of private equity funds across all stages of investment to find out how COVID-19 has impacted deal flow. Eighty respondents provided their perspective on topics ranging from an appetite for new investments to access to debt to the impact on portfolio companies.
Respondent Demographics
Effect of COVID-19 on Valuations
When asked how they expect overall and Health IT valuations to behave in
Read More
Giving ‘Voice’ to Healthcare: The $3.5 Billion Opportunity
Whether it's asking Siri for directions to the nearest coffee shop or commanding Alexa to turn on the lights, using voice assistants has become part of daily routines. More than one-third of the U.S. population relies on these tools to make their lives easier, and they’re being embraced by more than just millennials; use among seniors, children, and teens is also on the rise.
But the home and smartphone aren’t the only domains for voice assistants. Businesses of all types – from
Read More
Tackling COVID-19 with Telemedicine on an FHIR-Enabled Data Activation Platform
With the incidence of new COVID-19 cases expanding by the day, those in healthcare are accelerating their search for any available tools or medications that could stem the outbreak.
Modern medical organizations have used technology to track and treat viruses in the outbreaks that have occurred over the last few decades. The current COVID-19 crisis makes innovative virtual care solutions an indispensable tool as the virus spreads across communities.
The Rise of Virtual Care During the
Read More
Chilmark Research: The Promise of AI & ML in Healthcare Report
What You Need to Know:
- New Chilmark Research report reveals artificial intelligence and machine learning (AI/ML) technologies are capturing the imagination of investors and healthcare organizations—and are poised to expand healthcare frontiers.
- The latest report evaluates over 120 commercial AI/ML solutions in healthcare, explores future opportunities, and assesses obstacles to adoption at scale.
Interest and investment in healthcare AI/ML tools
is booming with approximately
Read More
Suki Raises $20M to Expand AI-powered, Voice-Enabled Digital Assistant for Doctors
What You Need to Know:
- Today, Suki announced a Series B funding round of $20 million, led by new investor Flare Capital Partners and including top investors like First Round and Venrock.
- In just two years, Suki has established its product as a leading solution to address the urgent crisis of physician burnout and is already trusted by independent and group practices as well as leading systems like Sutter Health and Ascension.
- Suki will use the funding to expand its user base
Read More
HHS Issues Strategies & Recommendations to Mitigate EHR-Related Clinician Burden
- HHS issues new report outlining the key sources of EHR-related burden, as well as strategies and recommendations to achieve burden reduction goals for healthcare providers.
- The HHS report reflects additional input from the more than 200 comments submitted in response to the draft strategy and recommendations.
As part of the
ongoing efforts to strengthen the relationship between patients and their
doctors, the U.S. Department of Health and Human
Services (HHS) issued
Read More
The Evolution of EHR Workflows: From Counterintuitive to Intuitive Tools for Care
I recall a patient who was drinking heavily, who I was unable to meaningfully convince to reduce his alcohol consumption. He felt that his drinking was no different than his work colleagues and that he did not need to make any changes. When his labs returned, not surprisingly, his GGT and AST were elevated. I turned the screen and showed him the results as well as the upward trending of the result’s graph. He didn’t say much but was clearly taking it all in. When we met next, he
Read More
5 Reasons Why A Single, Integrated EHR Will Not Solve Interoperability
A recent survey of health system IT, informatics, business, and clinical staff revealed that less than 40% of healthcare executives believe their organizations successfully share clinical data with external health systems, payers, and other partners. When asked what steps their organizations are taking to address interoperability challenges, 60% of respondents reported their organizations were moving to a single, integrated EHR. In addition to costing tens or hundreds of millions of dollars,
Read More
Amazon Launches EHR-Integrated, Machine Learning-Powered Transcription Service
- Amazon Web Services (AWS) launches Amazon Transcribe Medical, a HIPAA-eligible, machine learning-powered medical transcription service that utilizes automatic speech recognition applications to offer a more efficient and accurate medical note-taking experience. - By utilizing voice-enabled technologies, Transcribe Medical automatically translates audio streams into medical speech -- designed to be deployed at scale to patients’ healthcare providers, allowing for affordable, consistent,
Read More
