Dr. Gary Call, Chief Medical Officer at HMS
As healthcare spending continues to rise, so too does the inherent risk for bad actors to take advantage. Today, the United States is estimated to spend nearly 18 percent of its GDP, or $3.6 trillion, on healthcare, and is expected to increase to one-fifth of GDP within the next decade, according to the latest data. This alone provides ample motivation for fraud and abuse. While the full extent of healthcare fraud is difficult to measure,
The
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30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021
As we close out the year, we asked several healthcare executives to share their predictions and trends for 2021.
Kimberly Powell, Vice President & General Manager, NVIDIA Healthcare
Federated Learning: The clinical community will increase their use of federated learning approaches to build robust AI models across various institutions, geographies, patient demographics, and medical scanners. The sensitivity and selectivity of these models are outperforming AI models
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M&A: Cedar Gate Acquires Deerwalk to Enhance Value-Based Care Analytics
What You Should Know:
- Cedar Gate acquires Deerwalk, an innovative population
health management, data management, and healthcare analytics software company
based in Lexington, Massachusetts.
- By acquiring Deerwalk, Cedar Gate expands its
employer-based offerings with the ability to actively engage employers and ASOs
as they manage rising healthcare costs. The combined suite of offerings
improves the patient experience and delivers financial sustainability.
Cedar Gate Technologies
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Hospital Sustainability Demands that Revenue Integrity Move Front and Center
Vasilios Nassiopoulos, VP of Platform Strategy and Innovation, Hayes
Razor-thin operational margins coupled with substantial and ongoing losses related to COVID-19 are culminating in a perfect storm of bottom-line issues for U.S. hospitals and health systems. A study commissioned by the American Hospital Association (AHA) found that the median hospital margin overall was just 3.5% pre-pandemic, and projected margins will stay in the red for at least half of the nation’s hospitals
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Volaris Group Acquires Clinical Workforce & Workflow Platform medaptus
What You Should Know:
- Volaris Group acquires medaptus, a clinical workforce, and workflow solutions that empower healthcare delivery entities to achieve their desired patient, clinical and financial outcomes.
Today, Volaris Group has acquired medaptus, a healthcare technology company that removes the administrative burden from hospital and group practice operations to enable higher efficiency throughput.
Removing common and costly workflow barriers from
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How COVID-19 Has Revealed Healthcare’s Blockchain Use Cases
Brett Furst, President at HHS Technology Group
Blockchain technology has somewhat infamously been described as “a solution in search of a problem,” but as the healthcare industry responds to the demands of the pandemic, several valuable use cases have surfaced that could benefit from employing the emerging technology.
Due in large part due to its ability to promote trust, transparency, and privacy, blockchain has emerged as today’s best technology-based option for accomplishing
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White House Coronavrius Task Force Doubles Down on Rapid Testing Strategy
What You Should Know:
- White house coronavirus task force doubles down on rapid testing strategy to fight the coronavirus as some states say they don’t have the supplies to comply with the federal government’s advice.
- This article was originally published by the Center for Public Integrity, a nonprofit investigative news organization based in Washington, D.C.
The White House coronavirus task force is doubling down on part of its strategy for halting the spread of the virus:
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Providence Taps Nuance to Develop AI-Powered Integrated Clinical Intelligence
What You Should Know:
- Nuance Communications, Inc. and one of the country’s
largest health systems, Providence, announced a strategic collaboration,
supported by Microsoft, dedicated to creating better patient experiences and ease
clinician burden.
- The collaboration centers around Providence harnessing
Nuance’s AI-powered solutions to securely and automatically capture
patient-clinician conversations.
- As part of the expanded partnership, Nuance and
Providence will jointly
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Corrona Acquires Virtual Patient Community HealthUnlocked
What You Should Know:
- Nationwide disease registry Corrona has acquired
virtual patient community HealthUnlocked, creating a first-in-class patient
experience ecosystem.
- The acquisition will enable Corrona to expand its broad
set of capabilities--ranging from highly granular and longitudinal structured
data across eight registries.
Corrona, LLC
("Corrona"), a nationwide disease registry and is now the largest
registry in the world collecting data on Rheumatoid Arthritis
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HP Launches EMR-Integrated Print Solutions to Digitize Point of Care Workflows
What You Should Know:
- HP launches patient-first print technologies to help healthcare
workers stay safe and spend more time caring for patients.
- Innovations co-developed with healthcare professionals
include industry’s first sterilizable printers, exclusive EMR-compliant
workflow solutions, and services to improve patient safety and privacy.
Today, HP Inc.
officially launched new print solutions for the healthcare industry. Based on
deep customer insights and co-developed
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