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.

Nvidia partners with clinical note-taking company to improve suite of AI models
The collaboration between the chipmaker and Abridge, a developer of generative AI for healthcare, will involve data-sharing to improve Nvidia’s general-purpose models, which in turn will be used to make Abridge’s clinical offerings more efficient.
Humana exits $900M position in end-of-life provider Gentiva
The Kentucky-based insurance giant had owned a 40% stake in the hospice company, stemming from its 2021 acquisition of Kindred Healthcare. Humana said a “consortium of investors" is making the buy, but few details were revealed.
Longest-distance robotic cardiac telesurgery ever performed over 12,500 miles
A left internal mammary artery takedown robot-assisted heart procedure is the latest milestone for an Indian robotics company.
Ascension, FTC reach deal as $3.9B acquisition of Amsurg is finalized
The buyout, announced last summer, drew the attention of federal regulators at the Federal Trade Commission, concerned that competition for ambulatory surgery services would be stifled by the merger. To appease the agency, Ascension has agreed to divest from some centers previously owned by Amsurg.
New Mayo–Microsoft collaboration may mean much for AI in healthcare
When Mayo Clinic and Microsoft announced last week that they’re partnering to develop a frontier AI model for healthcare, observers could see where Mayo’s expertise in advanced digital medicine would interest Microsoft. The Big Tech behemoth has not been coy about its healthcare ambitions.

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Private equity firms back less than 4% of healthcare providers, report finds

According to an analysis from PitchBook, providers backed by private equity make up only 3.3% of the total market by revenue.

Industry Watcher’s Digest

Buzzworthy developments of the past few days. The Sam Altman-Arianna Huffington ‘AI health coach’ has attracted detractors ...

DOJ investigating Steward Health Care over ties to foreign government

Citing two sources familiar with the matter, journalists at CBS News said the health system is suspected of violating the Foreign Corrupt Practices Act. No charges have been filed.

'Well-resourced and innovation-focused hospitals should mentor and provide technical support to underfunded or smaller hospitals.'

How to mitigate institutional inequities involving AI

When it comes to adopting healthcare AI, large, well-off hospitals are likely to frequently homer while smaller, struggling institutions go down looking. (Baseball analogy in honor of tonight’s Midsummer Classic.)

Eli Lilly purchases Morphic and its Crohn's drug portfolio for $3.2B

Morphic's new treatment for inflammatory bowel disease is in Phase II clinical trials and shows promise in improving patient outcomes. Eli Lilly will purchase the company for $57 per share in cash.