Each year, the financial barriers to healthcare continue to become more pronounced in the US. For example, the health expenditure per person in the US was $12,555 in 2022, with comparable countries spending about half of that. These costs can put such strain on Americans that a 2023 poll from KFF found that one in four adults will outright skip or postpone getting healthcare, which rises to six in ten among uninsured adults. There are other accessibility barriers to
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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant
John Snow Labs Launches No-Code Generative AI Lab
What You Should Know: - John Snow Labs launches Generative AI Lab, a first-of-its-kind platform empowering healthcare professionals, even those without coding experience, to harness the power of artificial intelligence. - By eliminating coding barriers and prioritizing human oversight, John Snow Labs is paving the way for a future where AI can be a powerful tool for improving healthcare outcomes. Building Better Models Without the Code Traditionally, building and training AI models
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The Evolution of CPQ in Healthcare: 8 Emerging Trends to Watch
Worldwide, today’s leading healthcare organizations are embracing digital transformation. The implementation of Configure, Price, Quote (CPQ) solutions is a major component of these business evolutions. Any organization aiming to enhance operational efficiency and bolster patient care now sees a finely-tuned CPQ system as table stakes. With an eye toward the future, healthcare and life sciences (HLS) organizations integrating CPQ are set to fundamentally alter traditional care delivery and
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Report: Generative AI and Integration Key to Bridging Payer-Provider Gap
What You Should Know: - A new report by HFS Research, in collaboration with Cognizant, sheds light on critical trends shaping the future of healthcare in the United States. The report, titled "Re-energize Health Consumer Engagement and Bridge the Payer-Provider Divide with GenAI," explores the potential of Generative Artificial Intelligence (GenAI) and vertical integration to improve healthcare delivery. - The report also emphasizes that the healthcare system must embrace new approaches
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The ‘Holy Grail’ of Coding Automation: Why Inpatient AI is Around The Corner
Autonomous inpatient coding. This may sound like a pipe dream for revenue cycle leaders, whose hopes were likely raised and crushed in the early aughts. But it's coming sooner than most think. Why is true inpatient coding automation the "holy grail" – as Kerry Gillespie, a former CFO at Intermountain Health and now an executive consultant at Warbird Consulting Partners, said to me at a Healthcare Financial Management Association roundtable last year? For decades, inpatient services have
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Verix Adds Gen AI Database Explorer to Commercial Pharma Optimization
What You Should Know: - Verix, a leader in AI-powered commercial operations solutions for the pharmaceutical industry, has announced the launch of its revolutionary GenAI Database Explorer. - The GenAI-powered tool empowers sales reps with the ability to explore complex commercial data using natural language processing (NLP), marking a significant step forward in data accessibility and insights generation. Empowering Sales Teams with Natural Language Queries Verix's flagship
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CentralReach Appoints David Stevens as First-Ever Head of Generative AI
What You Should Know: - CentralReach, the leading provider of software for ABA and multi-disciplinary providers treating Autism and IDD, announced the appointment of David Stevens as its first-ever Head of GenerativeAI (GenAI). - In this newly created role, Stevens will lead a team dedicated to designing, developing, and piloting GenAI features for CentralReach's software suite, cari. The company currently boasts over 20 GenAI solutions in various stages of development, with a focus
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Sutter Health Partners with Abridge to Reduce Clinician Burnout with GenAI-Powered Documentation
What You Should Know: - Sutter Health, a leading California healthcare system, announced a major collaboration with Abridge, a company specializing in generative AI for clinical documentation. - The strategic partnership aims to transform the way physicians document patient interactions, ultimately improving patient care and reducing physician burnout. Abridge: Streamlining Documentation and Freeing Up Physician Time Physicians nationwide spend a significant amount of time on
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Tufts Medicine, Curai Partner to Expand Virtual Care Access in Massachusetts and New Hampshire
What You Should Know: - Tufts Medicine, a leading healthcare system, and Curai Health, an AI-powered virtual clinic, have joined forces to expand access to high-quality virtual care for patients across Massachusetts and New Hampshire. - The collaboration aims to provide convenient and affordable healthcare options through the MyTuftsMed patient portal app. Seamless Integration with MyTuftsMed App Through a new feature within the MyTuftsMed app, patients can share their health
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GE HealthCare Unveils AI-Enabled Urology Software Feature Prostate Volume Assist
What You Should Know: - GE HealthCare, a leader in ultrasound-guided urology solutions, has announced the launch of Prostate Volume Assist (PVA). - The AI-powered solution is designed to empower urologists with faster and more efficient prostate volume measurement, ultimately aiding in earlier diagnosis and more informed treatment decisions for prostate cancer. Prostate Volume: A Crucial Measurement in Prostate Cancer Management Prostate volume plays a critical role in prostate
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