Health Technology
GE HealthCare | September 08, 2023
Leveraging operational AI and ML has the potential to unite providers and optimize the consolidation of data sets.
During initial testing, the AI-driven algorithm demonstrated the ability to accurately forecast missed care opportunities, with success rates as high as 96%.
AI and machine learning insights strategically improve productivity and administrative efficiency at both departmental and enterprise levels.
In 2017, GE HealthCare and Mass General Brigham embarked on a ten-year partnership focused on AI innovation in diagnostics and treatments.
GE HealthCare and Mass General Brigham have unveiled the joint development of an AI algorithm. This algorithm is designed to enhance operational efficiency and productivity in healthcare.
The maiden AI application stemming from this collaboration is the 'schedule predictions dashboard' integrated into the Radiology Operations Module (ROM), a digital imaging tool readily available for deployment by healthcare institutions.
Its primary objective encompasses the optimization of scheduling procedures, cost reduction, and alleviating administrative burdens placed on healthcare providers. By doing so, ROM liberates valuable time, permitting clinicians to invest more of their efforts into fostering and strengthening the clinician-patient relationship.
Amid a vast sea of data and the demanding responsibilities that often divert healthcare providers from patient care, Parminder Bhatia, Chief AI Officer of GE HealthCare, described the collaboration with Mass General Brigham as groundbreaking. He added that they combine unique datasets and utilize cutting-edge machine learning techniques, harnessing the synergy of clinical and technical expertise to usher in unprecedented advancements in healthcare.
Keith Dreyer, DO, Ph.D., Chief Data Science Officer, Mass General Brigham, remarked,
This technology has the potential to reduce burnout and allow physicians to spend more time with patients, which may ultimately lead to better outcomes.
[Source: Business Wire]
Operational AI-enabled tools can tackle challenges that frequently jeopardize patient care, including the cost of healthcare and inefficiencies within hospitals. When a patient misses an appointment, neglects to schedule a follow-up, or arrives late, collectively called missed care opportunities (MCO), the repercussions can be substantial. The algorithm developed in collaboration is designed to forecast MCO and late arrivals. This initiative aims to enhance operational flexibility, streamline administrative processes, elevate patient satisfaction, and more effectively accommodate urgent, inpatient, or walk-in appointments.
GE HealthCare, a global leader in medical technology, pharmaceutical diagnostics, and digital solutions, focuses on delivering integrated solutions, services, and data analytics to enhance hospital efficiency, support clinicians, improve therapy precision, and promote patient well-being. With over a century of service to patients and healthcare providers, the company advances personalized, connected, and compassionate care through imaging, ultrasound, patient care solutions, and pharmaceutical diagnostics.
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Health Technology, Digital Healthcare
Oracle | September 20, 2023
The Oracle Fusion Cloud Applications Suite offers healthcare-specific functionalities enabling entities to streamline operations and enhance patient outcomes.
The conference highlights the need for healthcare organizations to prioritize transparency and collaboration across the entire delivery system, including suppliers, payers, and patient invoicing.
As healthcare increasingly prioritizes proactive patient care, enhanced integration and collaboration across the ecosystem are vital for greater efficiency, accessibility, and equity.
During the Oracle Health Conference, Oracle introduced specialized healthcare features into its Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oracle Fusion Cloud Enterprise Performance Management (EPM), and Oracle Fusion Cloud Supply Chain and Manufacturing (SCM) solutions to assist healthcare organizations in improving patient care.
The healthcare-specific functionalities have been integrated into the Oracle Fusion Cloud Applications Suite to assist healthcare organizations in enhancing financial transparency, fortifying supply chains, and elevating patient care. These will also help empower healthcare organizations to boost efficiency, reduce costs, adapt to new business models, improve decision-making processes, and enhance patient services.
Nevertheless, the healthcare sector faces significant hurdles due to unpredictable demand and increased administrative costs. These challenges include managing resource and supply shortages and adapting to changing financial requirements for patient care. These difficulties have arisen when the demand for efficient and accessible healthcare is more critical than ever.
The newly introduced capabilities within Oracle's healthcare-specific solutions empower healthcare organizations to streamline operations and adapt to evolving healthcare delivery models, from telehealth to home and community-based care. These enhancements encompass vital areas, including financial consolidation and reporting, which provide healthcare organizations with the tools to maintain comprehensive financial oversight in a complex healthcare environment through AI and automation. In procurement, these capabilities help reduce expenses and enhance the efficiency of medical supply orders, including contract and pricing integrations with group purchasing capabilities. Furthermore, replenishment planning and recall management features improve the availability of medical supplies by predicting demand and facilitating efficient recall processes to enhance safety and reduce risks within the healthcare supply chain.
Steve Miranda, Executive Vice President of Applications Development at Oracle, stated,
The new capabilities added to Oracle Fusion Applications Suite will help healthcare organizations adopt new business models, embrace rapid innovation, build agile and sustainable supply chains, and better serve patients' needs—now and in the future.
[Source: Cision PR Newswire]
The Oracle Fusion Applications Suite will empower organizations to leverage cloud technology for dismantling internal barriers, standardizing operations, and centralizing financial, HR, supply chain, and customer experience data within a unified cloud platform. Through quarterly update cycles, customers can continuously access the latest innovations as new capabilities are regularly incorporated.
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Health Technology
CareView Communications | September 13, 2023
CareView Communications, Inc., a prominent provider of integrated virtual care solutions for the healthcare sector, has announced the introduction of its most recent milestone in patient care technology through the unveiling of Software Version 5.10. This release incorporates many cutting-edge features and improvements meticulously crafted to empower healthcare professionals and enhance patient results.
Software Release 5.10 introduces a range of significant enhancements, beginning with the seamless integration of CareView with Get Well, a leading patient engagement platform. This integration facilitates bidirectional video communication, ultimately elevating patient engagement, education, and overall satisfaction.
Additionally, a new Universal Dashboard has been introduced. This internal tool plays a crucial role in optimizing solutions. It leverages hospital utilization data along with machine learning algorithms to provide predictive analytics and enables in-depth analyses, significantly enhancing the overall offerings.
Derek del Carpio, CareView's VP of Product Development, stated,
At CareView, we continuously strive to provide innovative solutions that redefine patient care. Software Release 5.10 is a testament to our commitment to advancing virtual care technology and enhancing the well-being of patients.
[Source: Business Wire]
Further, substantial improvements have been applied to the Virtual Sitting feature, empowering CareView Controllers to manipulate associated views through EquipmentView and introducing Night Mode in SitterView to reduce eye strain, thus enhancing both patient monitoring flexibility and safety. Virtual Nursing has also undergone notable refinements, enabling the virtual Registered Nurse to mute participants during TeleCareView encounters, facilitating participants' easy transition between viewing fellow participants and shared screens, and granting healthcare providers the capability to blur backgrounds in TeleCareView, thereby fostering a more professional and focused virtual interaction environment.
CareView maintains a steadfast commitment to fostering collaboration with healthcare providers to elevate patient safety, optimize clinical processes, and enhance overall patient care quality. Introducing this latest software release further underscores CareView's unwavering dedication to providing hospital teams with innovative virtual care solutions to meet their evolving needs.
About CareView Communications
CareView, leveraging predictive technology and purpose-built hardware, has forged partnerships with more than 200 hospitals to tackle pressing staffing issues and elevate patient safety through its platform. The company collaborates closely with its hospital partners to deliver tailored virtual care strategies that improve patient outcomes and foster a sustainable healthcare ecosystem.
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