Business Intelligence

Providers utilize business intelligence to monitor referral patterns and collaborate with clinicians who order their services. Such analytics tools have also been deployed in the specialty to improve productivity, track patient satisfaction and bolster quality.

Private equity firm buys health data analytics company Arcadia
With the buyout, global private equity investor Nordic Capital makes a big bet on healthcare AI. Arcadia said the influx of cash will be used to improve its technology and find new sources for data it can use for quality care initiatives.
Healthcare AI today: Mayo book, fraud busting, ‘shapeless monsters,’ more
Some AI researchers have taken to calling certain LLMs ‘Shoggoths.’ Be afraid. Be very afraid.
Philips and Medtronic extend 30 year patient monitoring partnership
The two companies will continue combining components to make patient monitoring systems, under the new terms of the expanded deal that includes a "pledge program" to improve quality.
Best Buy Health sells at-home tech company back to founder
Current Health—purchased by Best Buy for $400 million in 2021—is set to become an independent company again, with co-founder Christopher McGhee taking over. The electronics retailer appears to be backing away from remote patient monitoring services, shifting its healthcare division's focus to consumer products that improve the lives of seniors.
Healthcare AI today: Aggressive AI spenders, backend AI in healthcare, life-saving AI, more
The U.S. is one of 23 countries that consider workforce AI training and education only a medium priority. Indeed, our homeland has a less detailed plan than 13 other nations.

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

artificial intelligence hospital patients

Implementing point-of-care AI? 5 firm facts to keep in mind

If healthcare AI is to flourish outside of academic research settings and industry R&D departments, it will need to win over its most difficult-to-impress audience: healthcare workers in hospitals.

Despite rising expenses, hospital operating margins are stabilizing, report shows

Prior to March and April of 2023, operating margins sat in the red for 15 consecutive months.

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

mental health talk therapy large language AI ChatGPT

AI in mental healthcare: 5 questions & answers

It stands to reason that the branch of healthcare most reliant on the use of language in clinical practice would embrace large language AI. But is U.S. mental healthcare on board with the notion?

Malissa Wood, MD. explains why Mass General created a program to combat racism and health equity.

Why health equity is important in cardiology

Malissa Wood, MD, associate chief of cardiology for diversity and equity at Massachusetts General Hospital, explains the role of health equity in cardiovascular care and what her health system is doing to address it.

Healthcare entities offering employees direct-to-consumer telemedicine could cut costs nearly 25%

“This research shows the clear financial benefits when hospitals and health systems offer telemedicine services directly to their own employees."

How the Mark Cuban prescription drug playbook could save taxpayers billions

A new analysis reveals that insurers could put between $228 million and $2.15 billion back in taxpayers’ pockets by purchasing a series of generic oncology medications at the same prices obtained by the Mark Cuban Cost Plus Drug Company.

Business Intelligence

Private equity firm buys health data analytics company Arcadia

Healthcare AI today: Mayo book, fraud busting, ‘shapeless monsters,’ more

Philips and Medtronic extend 30 year patient monitoring partnership

Best Buy Health sells at-home tech company back to founder

Healthcare AI today: Aggressive AI spenders, backend AI in healthcare, life-saving AI, more