In 2020, the Department of Justice estimated that fraudulent, wasteful, and abusive (FWA) billing practices account for more than $100 billion of the nation’s healthcare expenditures.1 Today, the National Healthcare Anti-Fraud Association (NHCAA) conservatively estimates that healthcare FWA costs the nation about $68 billion annually, representing 3% of the nation's $2.26 trillion in healthcare spending.2 FWA estimates from commercial health plans range as high as $230 billion annually, or
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Patient Care| Health IT, Digital Health Impact | News, Analysis, Insights - HIT Consultant
Get Well to Roll Out New Social Determinants of Health Screening Solution Nationwide
What You Should Know: Get Well, a global leader in digital patient engagement, today announced it has expanded its industry-leading digital patient engagement portfolio to include new social determinants of health (SDOH) screening solutions.The new solution will be available to more than 200 enterprise healthcare organizations nationwide that are using GetWell Inpatient, an interactive patient care and hospital experience management product, at no additional cost. Enabling Enterprise
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Emory Taps NeuroFlow to Scale Collaborative Care Model
What You Should Know: Emory Healthcare (EHC) today announced a partnership with NeuroFlow to support and improve the delivery of psychiatric services for both patients and providers at their Brain Health Center and several sites across Georgia.NeuroFlow, which offers a cloud-based registry and enterprise platform to help facilitate collaborative care, will support EHC clinical services’ data-driven approach to patient care, with a sharpened focus on improving communication
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Q/A: CalmWave CEO Talks Leveraging AI to Reduce Alarm Fatigue
What You Should Know: Healthcare providers face the difficult challenge of coping with an ever-increasing workload while still providing high-quality patient care and trying to retain their staff. As the CEO of CalmWave, Inc., Ophir Ronen is an expert in both patient outcomes and staff retention who understands the importance of leveraging AI technologies to reduce alarm fatigue and deliver more efficient quiet care. Delivering Efficient Care by Reducing Alarm Fatigue Alarm fatigue is
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The Next Era of Healthcare Will Be Built On These 3 Principles
The U.S. healthcare industry has hit an important inflection point. The global pandemic highlighted an increased need to deliver quality patient care. However, outdated, legacy technology is straining many health systems, and in some cases, exaggerating existing problems such as rising operational costs and high rates of attrition. Health and hospital systems must take a purposeful approach to IT modernization — which includes embracing new technologies — to ensure success. And while each IT
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ODAIA Secures $25M for AI-Driven Commercial Insights Platform for Pharma
What You Should Know: ODAIA, developers of MAPTUAL, an AI-powered commercial insights SaaS platform for pharmaceutical companies, announced it raised an oversubscribed $25 Million Series B financing round, led by Threshold Ventures and co-led by Monograph Capital. Wittington Ventures also joined, with participation from existing investors Flint Capital, BDC Capital, StandUp Ventures and Graphite Ventures. Emily Melton, Managing Partner of Threshold Ventures and Charles Conn, co-founder and
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How Digital Transformation is Accelerating Healthcare and the Impact on Hospitals in the Future
The pandemic has accelerated the adoption of digital health technologies across the healthcare industry. Digital transformation is now the top priority for many healthcare leaders as they seek to build resilient systems. At its core, this means implementing emerging digital technologies to modify essential operations, processes, and services to ease staff workload and withstand future challenges. The primary drivers of digital transformation are consumerism, cost, and experience/expectations,
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KLAS: Global (Non-US) EMR Benefits 2023
What You Should Know: As electronic medical record (EMR) adoption grows worldwide, healthcare organizations considering this digital transformation all have the same question: what benefits can we really expect to receive from implementing an EMR?KLAS interviewed leaders at 36 non-US healthcare organizations—12 of which are HIMSS Level 6 or 7—to learn about their journey to realizing benefits from an EMR implementation. Their latest report summarizes their insights, including what
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Amazon Rolls Out New Alexa Healthcare Features
What You Should Know: Today at HIMSS23, Amazon announced a new suite of Alexa Smart Properties (ASP) for Healthcare capabilities designed to improve the patient and medical staff experience at hospitals. - With these new capabilities, healthcare and solution providers have even more ways to enable device fleet management and build Alexa capabilities at scale for patient care. The new Alexa features include: Upcoming availability of WebRTC support: will help patients
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Rimidi Announces Integration with MEDITECH Greenfield
What You Should Know: Rimidi, a leading clinical management platform designed to optimize clinical workflows, enhance patient experiences and achieve quality objectives, today announced the company is now integrated with MEDITECH Greenfield.MEDITECH customers will now able to utilize Rimidi’s cloud-based software platform within their existing workflow, further enhancing efforts to support efficient models of care for chronic disease management through Fast Healthcare Interoperability
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