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Predictive Analytics in Healthcare | Health IT | Digital Health | Patient Care Solutions | News, Insights, Analysis - HIT Consultant

Fresenius Health Partners, InterWell Health, and Cricket Health Announce $2.4B Merger

by Fred Pennic 03/21/2022 Leave a Comment

Three-Way Merger Creates New Leader in Value-Based Kidney Care

What You Should Know: - Cricket Health is announcing today that it will merge with Fresenius Health Partners (the value-based care arm of Fresenius), and InterWell Health, to form the nation’s premier, value-based kidney care provider with a totally new model of addressing kidney disease. The new company will operate under the InterWell Health brand and is valued at $2.4B. - Together, Fresenius Health Partners, InterWell Health, and Cricket Health will drive innovation and industry
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Crisis in the U.S. Healthcare Workforce: Why It’s Time to introduce AI

by Andrew Pucher, CEO of Dascena, Inc. 02/28/2022 Leave a Comment

Crisis in the U.S. Healthcare Workforce: Time to introduce AI

One of the many acute challenges during the pandemic has been the departure of approximately 18% of the U.S. healthcare workforce,4 resulting in staffing shortages in hospitals. This has impacted the well-being of the remaining healthcare practitioners 5 as well as their patients – many of whom are deferring care that is vital to disease management and overall maintenance of health,6,7 or who do not have access to timely emergency care.1 Though such challenges may be perceived as insurmountable
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WellSky Acquires TapCloud, Health AI Platform to improve Patient Engagement

by Fred Pennic 02/22/2022 Leave a Comment

WellSky Acquires TapCloud, Health AI Platform to improve Patient Engagement

What You Should Know: - Today, Wellsky announced the acquisition of TapCloud, a virtual, interoperable, and AI-driven patient engagement platform that allows patients to share symptoms and other health data with providers via virtual visit technology, secure messaging, and remote symptom screening protocols. - Frequent communication between patients, clinicians, and payers is critical to providing quality care and delivering on value-based care. TapCloud’s interoperable, AI-driven platform
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Leveraging A More Impactful Analytics Strategy to Improve Your Health Plan Member CX

by Suzanne Cogan, General Manager, SPH Analytics, a Press Ganey Solution 02/16/2022 Leave a Comment

Suzanne Cogan, General Manager, SPH Analytics, a Press Ganey Solution

Healthcare organizations are increasingly eager to leverage analytics technologies, including machine learning and artificial intelligence (AI), in new ways. One telling sign of this is that the global predictive analytics healthcare market, which was valued at $1.8 billion in 2017, is projected to reach more than $8.5 billion by 2025.  But as technology evolves, it’s clear that the types and use of analytics platforms that can drive change among health plans — as well as the breadth of
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3 Trends Impacting the Financial Health of Patients and Providers in 2022

by Srulik Dvorsky, CEO and Co-founder, TailorMed 01/21/2022 Leave a Comment

3 Trends Impacting the Financial Health of Patients and Providers in 2022

It's an unfortunate reality of our times: Healthcare in the United States has become increasingly unaffordable, challenging patients, providers, and pharmacies alike. One in 5 adults reported they can’t afford quality care. Uncompensated care hovers around $40B annually. The COVID-19 pandemic continues to strain the resources of our healthcare system. What lies ahead?  Against a backdrop of growing financial burden, these three trends tell the story of where healthcare affordability is
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Olive, ClosedLoop Integrate to Bring Predictive Analytics to Hospitals

by Jasmine Pennic 11/10/2021 Leave a Comment

Olive Secures $400M At A $4B Valuation to Support New Instant Claim Payment Solution

What You Should Know: - Today, healthcare automation company Olive announced their partnership with ClosedLoop, a healthcare-specific data science platform that allows hospitals to implement artificial intelligence (AI) technology. As part of the partnership, Olive will be able to leverage ClosedLoop’s technology within Olive Helps to help deliver better patient outcomes, such as reducing unplanned hospitalizations, readmission rates and hospital-acquired infections. - This partnership
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3 Barriers Stalling AI Adoption in Revenue Cycle Management

by Kenya Smith, Healthcare Solution Marketing Manager at ABBYY 03/30/2021 Leave a Comment

3 Barriers to AI Adoption in Revenue Cycle Management

AI technology is quickly evolving and already surpassing human decision-making in certain instances; sometimes, in ways, we can’t explain. While many are alarmed by this, AI is producing some of the most effective and dramatic results in business today.  Adoption of AI in healthcare is growing, but there are still barriers to overcome AI can be defined in many ways but, broadly, it is the ability of a machine to perform cognitive functions we associate with human minds, such as
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Why A Smart Command Center Requires A Health Cloud Platform

by Dr. David Nace, Chief Medical Officer at Innovaccer 03/11/2021 Leave a Comment

Why A Smart Command Center Requires A Health Cloud Platform

Aviation, military, NASA, or even utilities like the New York Power Authority—almost all high-consequence, complex organizations have one thing in common: a command center. The concept of a command center or a ‘war room,’ or ‘air traffic control’ has been around for a while. Command centers help counter logistical challenges, enable cross-collaboration and guide decision-making with state-of-the-art technology and communications. With them it seems there is absolutely nothing that cannot be
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EarlySense Sells Contact-Free Monitoring IP to Hilrom for $30M

by Fred Pennic 02/01/2021 Leave a Comment

EarlySense Sells Contact-Free Monitoring IP to Hilron for $30M

What You Should Know: - Today, health AI/predictive analytics company EarlySense announced that it has sold its proprietary contact-free continuous monitoring technology intellectual property (IP) to Hillrom for a cash consideration of $30 million, potential payments based on the achievement of certain commercial milestones, and a portion of Hillrom’s equity investment in EarlySense. - As part of the agreement, EarlySense will receive licensing for
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From Analog to Digital Neurology: 3 Steps to Better Inform Patient Care

by Dr. Nandor Pinter, Director of Neuroimaging Research, DENT Institute & Dr. Murray Gillies, General Manager of Digital Cognitive Dx Venture, Philips 01/26/2021 Leave a Comment

From Analog to Digital Neurology: 3 Steps to Better Inform Patient Care

The field of neurology is at an inflection point. With a growing aging population, neurologists are facing an increasing number of patients needing care, and the pent-up demand for services due to COVID-19 only exacerbates this issue. The pressure on neurologists is enormous, with surveys indicating excessive stress caused by inefficient workflow and mounting paperwork 1,2. It is becoming increasingly clear that the traditional analog neurological exam and referral system is overwhelmed, and
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