Wed.Nov 22, 2023

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Healthcare bankruptcies are rising. Here are five major filings so far in 2023.

Healthcare Dive

Bankruptcies have spiked this year as federal COVID-19 funding lapsed and heightened interest rates, regulatory changes and labor shortages squeezed the sector.

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Acute hospital care at home gets good grades from CMS research

Healthcare IT News - Telehealth

Patients who received care under the pandemic's Acute Hospital Care at Home program had a low mortality rate and minimal complications related to escalations back to the brick-and-mortar hospital, according to a CMS research letter published in the Journal of the American Medical Association Health Forum.

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Completion rates for tests, referrals lower from telehealth visits, study finds

Healthcare Dive

Failure to get tests or complete referrals is a leading cause of diagnostic errors, and it’s particularly important in primary care, researchers said.

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One aged care provider’s solution to meet rural service demand amid staff shortage

Healthcare IT News - Telehealth

Australia is facing a shortfall of at least 110,000 aged care workers by 2030 , according to a projection by the Committee for Economic Development of Australia. The issue is expected to have a profound impact on the aged care sector as it is predicted to be competing with other nursing sectors to hire and retain between 20,000 to 40,000 available staff over the next two years.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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Average per-worker cost of health benefits rose by 5.2% in 2023: survey

Healthcare Dive

Inflation is a contributor to the increase, but rising prescription drug costs are likely to have a longer-term impact, according to a Mercer report.

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4.5M have signed up for coverage on the ACA exchanges so far in open enrollment: CMS

Fierce Healthcare

Open enrollment on the insurance marketplaces began on Nov. | Open enrollment on the insurance marketplaces began on Nov. 1, and more than 4.5 million people have selected plans in the early weeks of the process, according to new federal data.

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More Trending

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Ayble Health, Mayo Clinic collaborate to treat high-acuity patients in person

Fierce Healthcare

Ayble Health, a digital health platform for patients with chronic gastrointestinal conditions, has announced a new collaboration with the Mayo Clinic. | Ayble is working with the Mayo Clinic Complex Care Program to offer a hybrid care model to match patients with the appropriate virtual and in-person care based on acuity and need.

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Insurers’ financial outlook stable despite higher MA utilization: Moody’s

Healthcare Dive

Publicly traded health insurers’ financial results held steady in the third quarter, boosted by strong investment income and membership growth, according to the credit ratings agency.

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Memorial Hermann implementing Laudio's AI platform to reduce admin burden on frontline workers

Fierce Healthcare

Memorial Hermann Health System is implementing Laudio’s platform to enhance employee efficiency and engagement. | Memorial Hermann Health System is tapping Laudio’s AI platform to promote efficiency and engagement among its employees.

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Mount Sinai Health System names new CEO

Healthcare Dive

The health system's head of emergency medicine, Brendan Carr, will replace the long-standing CEO early next year.

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Optimizing Medical Waste Management: A Guide to Best Practices

Feeling overwhelmed by medical waste regulations? This comprehensive guide unravels the complexities of medical waste disposal, ensuring you stay compliant and prioritize safety. Inside you'll find: Clear categorization: Learn to precisely classify medical waste for proper handling and disposal. Labeling & Storage: Discover best practices for clear labeling and secure storage of medical waste.

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Majority of Americans Believe AI Can Revolutionize Healthcare in 2024

HIT Consultant

What You Should Know: More than half (51%) of U.S. adults are optimistic new applications of artificial intelligence (AI) will lead to major advancements and breakthroughs in healthcare in the year ahead, according to a new survey from Medtronic , a global healthcare technology leader, and Morning Consult. Some of the highest levels of optimism for AI in healthcare are around diagnoses and improving healthcare access.

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AstraZeneca launches Evinova to bring AI to clinical trials

Mobi Health News

The pharma giant's new health tech company will operate as a separate business and scale the company's already established digital technologies to enhance clinical trials.

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Former Paige CEO betting big on AI in microbiome medicine with new startup Jona

Fierce Healthcare

Health tech veteran Leo Grady believes the microbiome is going to revolutionize healthcare. | Leo Grady, the former CEO of Paige, saw an opportunity to leverage his work in healthcare AI to unlock the microbiome for health. He launched Jona, a company that provides an at-home microbiome profiling kit and then uses AI to analyze an individual's gut microbiome to deliver actionable, personalized insights.

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Toward a Wider Adoption of Digital Insurance Cards

Healthcare IT Today

The insurance card in my wallet—where I always keep it in case of emergency—is getting pretty dog-eared and frayed. So I was intrigued when Mark Scrimshire, chief interoperability officer of OnyxOS , introduced me to developments over the past few years that will make digital insurance cards feasible. This article looks at what it will take to let us all check in to our doctor’s office as easily as we wave our cell phone before a scanner in a retail store.

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How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

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Mixed reaction as Palantir lands £330m NHS Federated Data Platform deal

Digital Health News

The £330m federated data platform (FDP) contract was awarded to Palantir by NHS England yesterday, sparking very mixed reactions.

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Augmedix Derives More Value from Automated Generation of Medical Notes

Healthcare IT Today

According to Manny Krakaris, CEO of Augmedix , this company has led the field of medical notes over the past 11 years from human scribes to full automation. To heighten accuracy, they use a combination of the most modern technologies. The transcript of the conversation is fed into a typical large language model (LLM) used by generative AI. But Augmedix has also analyzed more than 500 medical complaints brought by patients to create other data models.

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Summer Health Expands to Primary Care for Parents

HIT Consultant

What You Should Know: Summer Health , a text-based service for parents to get answers to urgent needs from pediatricians, is expanding into primary care. Improving Access to Medical Professionals Summer Health’s care teams are expanding their services to benefit thousands of parents across the nation in the following ways: 1. Families will now have unlimited access to dedicated medical practitioners assigned to their accounts, similar to a primary pediatric practice.

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Sheffield Teaching Hospitals receive £3m for HealthTech Research Centre

Digital Health News

Sheffield Teaching Hospitals has secured £3m from NIHR for a national HealthTech Research Centre to develop health tech for those with long-term conditions.

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HIPAA Compliance: Can Your Organization Avoid Costly Government Penalties and Fines?

Colington Consulting was established in 2013 and helps organizations achieve HIPAA compliance and ensures clients stay current with the latest enforcement trends. We provide a full range of HIPAA compliance services and consulting. What separates us from our competitors is our knowledge of HIPAA compliance regulations and their application to each of our client’s particular scenarios and requirements.

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Chutes & Ladders—New CEO atop Mount Sinai Health System summit

Fierce Healthcare

Welcome to this week's Chutes & Ladders, our roundup of hirings, firings and retirings throughout the industry.

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Layer Health launches with $4M from Google Ventures, General Catalyst

Mobi Health News

The company's product, Distill, uses machine learning algorithms and LLMs to perform administrative, clinical and research tasks that require chart review.

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LG Unveils 4k Surgical Monitor with PIP and 4PBP Capability

HIT Consultant

What You Should Know: LG Business Solutions USA announced the immediate availability of a new 55-inch surgical monitor (model 55MH5K) that offers 4K resolution, wide viewing angles, robust resilience to damage, convenient failover technology and the ability to display multiple images at once in a 2×2 onscreen grid. According to Stephen K. Hu, LG Business Solutions USA’s head of medical monitors, the large display is ideal for surgical centers, general operating rooms and hybrid operating ro

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Pennsylvania hospital data breach affects 169,000

Becker's Health IT

Warren General Hospital reported a data breach affecting 169,000 patients, with Social Security numbers, names, financial account info, health insurance claims

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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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IKS Health Purchases AQuity Solutions to Create the Most Comprehensive Provider of Administrative, Clinical and Financial Services for Healthcare Organizations in the U.S.

Healthcare IT Today

The Combined Company, which will Operate as IKS Health, will have Annual Revenues of $330+ Million and a Global Workforce of over 14,000 Employees Serving an Install Base of 150,000+ Clinicians IKS Health , the premier global solution that revitalizes the clinician-patient relationship while empowering healthcare organizations to thrive, today announced the acquisition of AQuity Solutions , a Best in KLAS industry leader in tech-enabled clinical documentation, medical coding, and revenue integ

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Bertelsmann invests €5 million in Doccla’s European expansion

Digital Health News

Virtual ward technology provider Doccla has received strategic investment of €5 million Euro from Bertelsmann Investments.

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UPMC's operations down $177M at 9 months as care delivery costs, claims payouts mount

Fierce Healthcare

UPMC’s operations dipped into the red this quarter as volumes and their associated care delivery costs and insurance claims continue to climb. | The integrated nonprofit system's nine-month total operating revenue growth of 9.3% was outpaced by a 11% rise in total operating expenses.

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Digital Health Coffee Time Briefing ? 

Digital Health News

Today's briefing includes Epro being awardes an ISO 9001 quality assurance accreditation and news that medical businesses are more likely to sell in 2024

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Everything You Wanted to Know About FACIS, but Didn’t Know to Ask

Speaker: Amy Anderson

FACIS® helps organizations mitigate patient and organizational risk. Maintaining compliance and safeguarding against fraud and abuse in today’s changing healthcare landscape can be challenging. Most healthcare organizations screen and monitor providers against the OIG but that’s only ONE of FACIS®’ primary sources. FACIS® pulls data for every taxonomy from the lowest level employee to the highest level licensed professional.

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CISA Releases Healthcare Cybersecurity Vulnerability Mitigation Guide

Health IT Security

Organizations can leverage CISA's guide to strengthen their security programs and mitigate risk via tried-and-true methods.

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Vivodyne launches with $38M to create lab-grown human organs

Mobi Health News

The company will use the funds to grow its drug-discovery pipeline and clinical AI stack.

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Be Thankful by Engaging With Grace and Talking About Your End-of-Life Wishes With Loved Ones

Health Populi

“Thanksgiving.” Merriam-Webster’s dictionary defines the word, first, as “the act of giving thanks.” Second, it’s “a prayer of expressing gratitude.” And, third, the word means a public acknowledgment or celebration of divine goodness. We each have our own stories about how a loved one’s life has ended. If we’re lucky, that beloved person had a good death: in sleep, perhaps, or simply of old age with no hospital events or trauma.

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Revenue Cycle and Payer News – November 22, 2023

HealthIT Answers

Latest news being reported on payers and the health insurance industry including news from Cedar, Independence Blue Cross, CVS Health, UnitedHealth Group, Oscar Health, Vivante Health, and more. The post Revenue Cycle and Payer News – November 22, 2023 appeared first on Health IT Answers.

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How to Leverage AI for Actionable Insights in BI, Data, and Analytics

In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.