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Just over 5% of companies selling AI to health systems have matured beyond seed and early-stage funding rounds, according to an analysis by Flare Capital Partners.
Matt Mastenbrook, DPT, clinic manager and treating physical therapist at Baylor Scott & White Institute for Rehabilitation, says one of his first goals as a manager was to set his clinic apart from the many others in the area. And leading-edge technology would be a key change agent. THE PROBLEM Mastenbrook decided to advance and optimize Baylor's use of the CogPT platform, developed by vendor Academy Medtech Ventures.
The U.S. healthcare system may not be fully meeting the needs of women, if a new report is any indication. In a survey of consumers conducted by the Deloitte Center for Health Solutions, women are 35% more likely than men to say they've skipped or delayed medical care over a 12-month period. The reasons for this come down to access, affordability and past negative experiences.
Every health care provider that accepts federal payments must screen for excluded providers. Use this sample Exclusion Screening Checklist and Compliance Policy to evaluate and improve your organization’s compliance with the law. Payments from Medicare, Medicaid, and TriCare trigger screening requirements that may extend to employees, contractors, volunteers, board members, and network providers.
UTHealth Houston unveiled a partnership with OpenAI on Friday to build and deploy algorithms for use in medical training and at the patient’s bedside. | UTHealth Houston, an academic medical center in Texas, is partnering with OpenAI to give clinicians, faculty and students access to ChatGPT tools to build custom, HIPAA-compliant AI solutions.
IU Health Plans will operate under the Anthem Blue Cross and Blue Shield brand after the deal closes, which is expected at the end of 2024.
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Health Care Compliance Brief brings together the best content for health law & compliance professionals from the widest variety of industry thought leaders.
Employers are bracing for a third straight year with health benefit costs increasing more than 5%, according to a new report from Mercer. | Employers are bracing for a third straight year with health benefit cost increases of more than 5%, according to a new report from Mercer.
Despite our focus on security and privacy, cyber threats are continuously increasing in both number and severity. In a much less fun way, cyber threats are on their own Eras Tour. Instead of choreography and songs, we get ransomware and phishing scams, and instead of saving up to try to buy tickets to attend the tour, we need to be spending our time and money to keep the tour away from our organization.
James Ross, president and CEO of West Tennessee Healthcare, died Thursday morning, according to an announcement from the health system on social media. | The nurse-executive had been with the seven-hospital nonprofit for nearly four decades and was a prominent member of the Jackson, Tennessee, community.
Funding will Support Expanded Commercialization Efforts for PreciseBreast Risk Assessment PreciseDx , a leading innovator in oncology diagnostics leveraging Artificial Intelligence (AI) for new, morphology-driven disease analysis, today announced that it has raised $20.7 million in Series B funding, bringing its total funding to date to $31.5 million.
In healthcare, where patient data protection is paramount, effective vendor risk management isn't just good business—it's essential for maintaining compliance and trust. This comprehensive guide helps healthcare compliance professionals navigate the complexities of third-party vendor relationships in an increasingly interconnected healthcare environment.
Lawmakers scrutinize sluggish efforts to overhaul organ transplants as HHS aims to expand access for HIV-positive patients dmuoio Fri, 09/13/2024 - 17:08
Below is a roundup of payer-centric news headlines you may have missed during the month of September 2024. | This month, Humana faces consequences for prior auth delays, Congress members have introduced new No Surprises Act legislation targeting insurers and Aetna has been sued for denying gender-affirming facial reconstruction surgeries.
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
Rural hospitals are being offered free and discounted cybersecurity assistance from tech companies such as Google and Microsoft, but many are slow to take advantage of it, GovInfoSecurity reported Sept. 12.
Next year, the oldest members of the baby boomer generation will turn 80 years old. It’s a cause for celebration of life, but it’s also a milestone our nation is completely unprepared to meet. | It’s past time for our healthcare system, our social service infrastructure and our culture to acknowledge just how bleak the future will be for this population if we don’t modify the approaches we take to care for our older adults.
What You Should Know: – Candid Health , the innovative revenue cycle automation platform designed for healthcare providers raises $29M in a Series B funding round led by 8VC , with participation from existing investors First Round Capital , BoxGroup , and Y Combinator. – This latest investment brings the company’s total funding to $47M.
Healthcare communication has evolved from handwritten notes and paper charts to digital tools like EHRs, telemedicine, and AI-powered platforms. This blog explores how these advancements improve patient outcomes, streamline care delivery, and enhance provider collaboration. Learn about the role of mobile health (mHealth) apps, secure messaging, and social media in bridging communication gaps.
Oklahoma hospital faces EHR outage due to reported ransomware attack, but assures community of continued patient care. External professionals enlisted for help.
Walgreens sees a long runway for its two-year-old clinical trials business as it doubles down on its core retail pharmacy operations. | Walgreens sees a long runway for its two-year-old clinical trials business as it doubles down on its core retail pharmacy operations. Ramita Tandon, chief clinical trials officer, shared insights about Walgreens' strategy to ramp up its clinical research capabilities during TD Cowen’s recent 9th Annual FutureHealth Conference.
The following is a guest article by Kenji Taylor, MD, MSc, Clinical Consultant, Supervising Physician at Ubie Artificial intelligence holds immense potential to revolutionize healthcare, offering precision medicine, accelerated drug discovery, and improved patient outcomes. AI is often touted as a tool for both patients and physicians, having the ability to take a deep dive into large swaths of data and provide analysis much quicker than humans ever could.
Let's discuss the trusty pager—an old favorite that’s losing its shine in hospitals and clinics. While once a staple in hospitals and clinics, pagers now present significant limitations that hinder rather than facilitate communication among healthcare professionals. Healthcare professionals are constantly on the move, and they need communication tools that can keep up with their fast-paced lives.
Microsoft convened a meeting of cybersecurity professionals to discuss how to prevent a repeat of the July global IT outage that affected U.S. hospitals and health systems.
As revenue cycle management becomes the heartbeat of healthcare administration, providers are seeking to upgrade their tech game, with 62% looking to expand capabilities in the near future. | This collaboration not only streamlines crucial utilization review processes but also sets a new standard in healthcare by leveraging AI to focus valuable clinical resources on our core mission.
What You Should Know: – eClinical Solutions LLC, a provider of digital clinical software and services, announced that it has received a majority investment from GI Partners , a private investment firm. – This investment highlights eClinical Solutions’ strong position as a trusted partner for life science organizations of all sizes seeking to accelerate research and advance therapeutic breakthroughs in an increasingly complex trial landscape.
At Fierce Healthcare, we keep track of all the venture capital being funneled into the health tech and digital health industries. | Rethink Impact, a venture capital firm focused on cultivating female leadership through technology, raised $250 million for its third fund. Pieces Technologies picked up $25 million for gen AI solutions, and Candid Health banked $29 million for revenue cycle automation.
Remote patient monitoring (RPM) is transforming healthcare by enabling providers to track patient health outside traditional clinical settings. This blog explores the role of technology in RPM, including wearable devices, mobile apps, and connected medical tools that collect and share real-time data. Discover how RPM expands care access, improves outcomes, enhances patient engagement, and reduces costs by shifting from reactive to proactive care.
What You Should Know: – mPulse® , a frontrunner in Health Experience and Insights (HXI) technology, announced its acquisition of Zipari, Inc. , a prominent player in healthcare consumer experience technology. – This strategic acquisition underscores mPulse’s commitment to driving market leadership through robust growth and an unwavering focus on enhancing the healthcare consumer journey.
August 2024 was a record month for healthcare breaches. Healthcare providers reported the most breaches, but one business associate reported a massive breach, tipping the scales to the most affected group of the month. In August 2024, the OCR Breach Portal listed 47 incidents affecting 9,672,883 patients. Business associates reported 11 incidents affecting 4,859,632 patients.
Have you experienced an accreditation survey and been surprised by the amount of deficiencies? I bet most of them were a result of the surveyor’s observations, not your carefully prepared documentation and meticulous tracking. I call this compliance sufficiency. Your organization is technically compliant, but employees are not demonstrating readiness, which results in deficiencies and time-consuming corrective action plans.
The medical device industry balances innovation with patient safety. At the center of ensuring the reliability and effectiveness of these devices is ISO 13485, a globally recognized standard for quality management systems (QMS). This standard provides the framework for medical device manufacturers to implement and maintain processes that prioritize patient safety and product quality.
Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?
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