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Health Systems| Integrated Delivery Network (IDN) | News, Analysis, Insights - HIT Consultant

Why Healthcare Needs Tech-Enabled Human Intervention

by Thomas Ferry, Engooden Health President and CEO 09/06/2022 Leave a Comment

Why Healthcare Needs Tech-Enabled Human Intervention

There's a "perfect storm" facing healthcare today: Chronic disease prevalence, physician shortages, and a growing population aging into Medicare are set to overwhelm our healthcare system if action isn't taken. Over 133 million Americans have at least one chronic disease, and as that number continues to rise, delivering adequate care to these patients has never been more challenging. It's widely understood that factors beyond the clinic primarily influence health. Yet the expectation remains
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Luna Unveils Value-Based Savings Orthopedic Program

by Syed Hamza Sohail 09/02/2022 Leave a Comment

Luna Unveils Value-Based Savings Orthopedic Program

What You Should Know: - Luna, the leading in-home physical therapy (PT) platform, today announces the launch of a value-based savings program for orthopedic practices to reduce post-acute care costs by 55-70%. - Top orthopedic groups are turning to Luna to reduce costs and deliver this innovative, in-person form of care, including Hoag (Orange County), Resurgens Orthopaedics (Atlanta), and dozens of others. Using At-Home PT Services To Reduce the Cost of Orthopedic
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How AI and Automation Will Solve America’s Healthcare Administration Crisis

by Pranay Kapadia, Co-Founder & CEO of Notable 09/01/2022 Leave a Comment

Transforming Healthcare: How AI and Automation Will Solve America's Healthcare Administration Crisis

As the existential crisis facing American healthcare reaches a fever pitch, here's how executives can use automation to build resiliency The American healthcare system is in crisis. There are a huge number of tasks to be completed, and not enough people to do them. Costs are rising, and health systems are finding themselves facing difficult choices.  An enormous amount of time, money, and resources are being devoted to paper shuffling that would be better spent elsewhere. Healthcare
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Infermedica Partners with Conversational AI Platform Hyro to Support Patient Triage

by Syed Hamza Sohail 08/31/2022 Leave a Comment

Infermedica Partners with Conversational AI Platform Hyro to Support Patient Triage

What You Should Know: - Infermedica – a leading digital health company specializing in AI-powered solutions for symptom analysis and patient triage – today announced a partnership with Hyro, a leader in plug-and-play conversational AI. - The partnership will enable healthcare organizations to support patients at the digital front door by utilizing Infermedica’s Medical Guidance Platform and early symptom assessment technology and Hyro’s industry-leading natural language
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Olio Health Raises $13M for Post-Acute Engagement for Health Systems

by Syed Hamza Sohail 08/30/2022 Leave a Comment

Olio Health Raises $13M for Post-Acute Engagement for Health Systems

What You Should Know: - Olio Health, an Indianapolis, IN-based workflow and collaboration platform for the post-acute care and population health industry, raised $13m in Series A funding. - The round was led by Fulcrum Equity Partners with participation from Mutual Capital Partners. The company intends to use the funds to further accelerate its growth through product development and key hires across multiple departments.  - Led by Ben Forrest, CEO, Olio provides a platform for
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Abridge Partners with Google Cloud for Real-Time Clinical Documentation

by Syed Hamza Sohail 08/30/2022 Leave a Comment

Google Cloud

What You Should Know: - Abridge, the healthcare conversation company that uses AI to help everyone get more from their medical conversations, today announced a partnership with Google Cloud. - Google Cloud now includes Abridge as a premier partner to structure, summarize, and generate insights on medical conversations. Increasing Insights On Healthcare Conversations Through Real-Time Clinical Documentation Clinical documentation is a struggle for clinicians and patients alike.
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Hospital Finances Down As Funding Dries Up, Report Finds

by Jasmine Pennic 08/29/2022 Leave a Comment

Hospital Finances Down As Funding Dries Up, Report Finds

What You Should Know: - Hospitals and health systems saw decreases in outpatient revenue and operating room time and increases in inpatient lengths of stay from June to July 2022, leading to a decline in financial performance after months of improvement, according to the latest National Hospital Flash Report from Kaufman Hall. - The analysis reveals that U.S. hospitals and health systems are experiencing some of the worst margins since the beginning of the COVID-19
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How Service Line Alignment Can Improve Cost Savings for Health Systems

by Damian Chipriano, Director of Financial Services at Carilion Clinic 08/25/2022 Leave a Comment

Healthcare leaders continue to face new and complex challenges in a constantly evolving landscape, including staffing and capacity constraints, product shortages, and rising costs. These shifting demands change the expectations put on hospitals when it comes to both patient care and financial performance. As we’ve observed, this uncertainty was further amplified by the COVID-19 pandemic, which shined a light on many opportunities for improved financial and clinical operations across the
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Glytec and CPS Integrate to Provide Evidence-Based Glycemic Management

by Syed Hamza Sohail 08/24/2022 Leave a Comment

Glytec and CPS Integrate to Provide Evidence-Based Glycemic Management

What You Should Know: - Glytec recently announced that it has been selected by CPS Solutions, LLC (CPS), a leading provider of enterprise pharmacy solutions to hospitals and health systems, to serve as an insulin management technology resource for CPS’ more than 2,200 pharmacy professionals across 800-plus healthcare facilities nationwide. - Through this collaboration, CPS client facilities may contract for Glytec’s eGlycemic Management System® (eGMS) and Glytec’s technical resources to be
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Health-Tech C2Q:22 Preview: 5 Key Driving Factors to Watch

by Syed Hamza Sohail 08/23/2022 Leave a Comment

Executive Insights: Top Healthcare Predictions & Trends to Watch in 2020

What You Should Know: - David Larsen, healthcare IT and digital health analyst at BTIG published a note highlighting his preview for health-tech Q2 earnings. - Given high inflation rates, costs for traveling nurses, and light volumes in 2Q:22, he is cautious on stocks that sell into the acute care market in the near term. An Overview According to the report, there are many macro headwinds that continue to affect the HCIT sector and the broader market, including inflationary pricing
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