What You Should Know: - A new survey by Wolters Kluwer Health reveals a significant shift in US physicians' attitudes towards generative AI (GenAI). - The study reveals that 40% of doctors are now prepared to use GenAI tools when interacting with patients at the point of care. This marks a rapid rise in acceptance, with nearly 70% of respondents admitting their views on GenAI have become more positive over the past year. GenAI Seen as a Time-Saving and Collaborative
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Health IT | News, Analysis, Insights - HIT Consultant
The AI Blueprint: An Implementation Guide for Revenue Cycle Leaders
Applying artificial intelligence (AI) solutions in hospitals and health systems can be overwhelming for leaders due to AI’s complexity (it’s not one technology, but several) and rapid proliferation. This is in addition to the usual technology hurdles within healthcare that include data quality and accessibility, interoperability, and clinical validation and adoption. Finally, with any new solution, there’s the concern of return on investment: Will implementing the latest solutions pay off for my
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inVio Health Network and CVS Accountable Care Partner to Improve Medicare Patient Care in South Carolina
What You Should Know: - inVio Health Network and CVS Accountable Care Organization, a division of CVS Health, have announced a collaboration to participate in the new Medicare Accountable Care Organization (ACO) REACH program. This initiative focuses on improving access to high-quality healthcare for traditional Medicare beneficiaries in South Carolina. - The collaboration builds upon the past achievements of Prisma Health Upstate and Prisma Health Midlands Networks, which merged in
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Pine Park Health Taps Innovaccer to Optimize Population Health Analytics For Senior Living Communities
What You Should Know: - Pine Park Health, a rapidly growing primary care provider focused on senior living communities, has announced its adoption of Innovaccer's leading healthcare AI platform. - The integration aims to optimize population health analytics and further Pine Park Health's mission of serving residents with exceptional care. Serving Seniors in California, Arizona, and Nevada Pine Park Health operates across over 150 communities in California, Arizona, and
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Particle Health Addresses Integration to Epic Data Despite Dispute
What You Should Know: - Particle Health, a healthcare data platform company, is addressing concerns about a reported data access disruption with electronic health record (EHR) giant Epic. - Particle Health emphasizes that the vast majority of its customers continue to receive data from Epic uninterrupted, despite recent announcements suggesting otherwise. The Dispute and Its Impact However, Particle Health acknowledges a dispute with Epic that began in March 2024. While
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ChrysCapital Looks to Sell GeBBS Healthcare Solutions for $1B
What You Should Know: - ChrysCapital, India's largest homegrown private equity (PE) firm, is reportedly exploring the sale of GeBBS Healthcare Solutions, a Los Angeles-based healthcare business process outsourcing (BPO) company. - This comes roughly six years after ChrysCapital acquired GeBBS in 2018. The potential $1 billion valuation reflects a significant increase from the acquisition price in 2018. This transaction could signal ChrysCapital's strategy of entering a
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Banner Health Optimizes Surgery Scheduling with Qventus
What You Should Know: - Banner Health, a leading non-profit health system, has chosen the Qventus Perioperative Solution to streamline surgical scheduling and improve operating room (OR) utilization. - This technology has resulted in significant benefits, including increased access to ORs, strategic growth in case volume, and actionable real-time insights – all while maintaining high-quality patient care. Double-Digit ROI Leads to Enterprise-Wide Implementation The initial
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Philips Respironics Reaches Final Agreement with US Regulators on Sleep Apnea Device Recall
What You Should Know: - Philips Respironics, a subsidiary of Royal Philips, has finalized a consent decree with the US Department of Justice (DOJ) and Food and Drug Administration (FDA) to address issues raised during a 2021 inspection of a Philips facility in Pennsylvania. - The agreement focuses on Philips Respironics' operations in the US, particularly regarding the recall of certain sleep and respiratory care devices. - The company's focus will now be on completing remediation
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Almost 4 in 5 Physicians Employed By Hospitals, Health Systems, Corporate Entities
What You Should Know: - A new study by Avalere commissioned by the Physicians Advocacy Institute (PAI) paints a clear picture: the landscape of US medical practice ownership is shifting dramatically. As of January 2024, a staggering 77.6% of US physicians are employed by hospitals, health systems, or corporate entities. - The trend has been steadily increasing over the past five years, with over 44,000 practices acquired by these entities since 2019. Over 19,100 physicians left
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PerfectServe, TeamBuilder Partner to Bring Provider & Staff Scheduling to Medical Groups
What You Should Know: - PerfectServe®, a leader in cloud-based clinical collaboration and provider scheduling, and TeamBuilder, a provider of innovative workforce management solutions, announced a strategic partnership. - The PerfectServe and TeamBuilder partnership offers a comprehensive solution for medical groups seeking to optimize scheduling. PerfectServe's Lightning Bolt Scheduling: Automating Efficiency PerfectServe's Lightning Bolt Scheduling utilizes a
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