Latest / Becker’s Healthcare Digital Health + Health IT / Amazon diving deeper into healthcare AI, Memorial Hermann backs $14M funding round for value-based care company + more

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Amazon diving deeper into healthcare AI, Memorial Hermann backs $14M funding round for value-based care company + more · Becker’s Healthcare Digital Health + Health IT

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  This is Naomi Diaz with the Becker's Digital
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  Health Podcast. Here's your daily industry news briefing
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  for today, August 7th.
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  First, Amazon is collaborating with health systems such
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  as Advocate Health, Mass General Brigham, and Mount
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  Sinai to investigate how AI can improve patient
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  experiences and outcomes.
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  Amazon said it is collaborating with those health
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  systems and insurers such as Blue Shield and
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  Prime Therapeutics
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  in a bid to harness AI to gain
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  insight into patients as well as to utilize
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  computer vision and natural language processing to automate
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  routine administrative task for health care professionals.
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  Additionally, Amazon said it is working to develop
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  AI health care tools.
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  1 is HealthScribe according to an August 7th
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  news release from Amazon, which is a HIPAA
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  compliant service that leverages generative
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  AI to automatically
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  clinical notes from physician and patient interaction.
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  AI has become a central focus for major
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  tech companies entering the health care space.
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  Google is collaborating with HCA Healthcare on generative
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  AI for emergency department visit summaries and nurse
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  handoffs.
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  Meanwhile, Microsoft subsidiary, Nuance, is a key contributor
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  to AI driven clinical documentation.
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  2nd,
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  Memorial Hermann Health System led a $14,000,000
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  seed funding round for Guide Health,
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  driven health services platform that partners with health
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  systems and clinical networks to enhance value based
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  care.
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  Fabie Abraham, executive vice president and chief strategy
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  officer of the health system, said in an
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  August 6th news relief,
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  quote, we invested in Guide Health because we
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  believe in their vision to improve health outcomes
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  while lowering overall costs and alleviating the administrative
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  burdens that physicians experience when managing their patient
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  panels, end quote.
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  According to the release, Guide Health enhances access
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  to care and improves health outcomes for patients
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  within value based care models through its technology
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  platforms that offers organizations
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  AI tools, and proprietary
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  AI that create a unified care plan where
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  predictive analytics unmodifiable
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  risks.
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  3rd,
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  hospital and health system vendors continue to be
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  targeted in cyberattacks in 2024,
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  creating data breaches that ultimately affect health care
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  organizations.
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  These breaches compromised protected health information across the
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  US.
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  In 2024, health systems across the US, such
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  as Staten Island University Hospital, UCHealth,
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  Catholic Medical Center, Regional One Health, and SFM
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  Health reported that patients' protected health information was
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  compromised due to a breach at vendors they
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  work with.
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  In addition, the cyber attack that is being
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  called the most significant and consequential cyber attack
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  in American history happened February 21st against UnitedHealth
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  Group's Change Healthcare.
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  Change Healthcare provides revenue cycle management services to
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  hospitals and health systems.
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  When the attack hit the organization, hospitals and
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  health systems had to disconnect from Optum Systems.
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  This caused a and health systems had to
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  disconnect from Optum Systems.
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  This caused a ripple effect for health care
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  organizations
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  as revenue flow was crippled.
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  Health system IT leaders told Becker's after the
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  incident that the change hack revealed the vulnerability
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  of health care information to third party attacks.
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  Health care organizations accounted for 35%
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  of third party breaches according to a security
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  scorecard report from February 28th.
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  These breaches significantly impacted the health care and
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  financial services sectors with 64%
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  of all third party breaches occurring in North
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  America.
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  Additionally, the report highlighted that 98% of organizations
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  are connected to a third party that experienced
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  a breach.
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  If you like the latest health IT and
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  digital health industry news delivered to your inbox
• 3:35
  every morning, subscribe to the Becker CIO and
• 3:37
  Health IT Reu e newsletter through our website
• 3:39
  at ww.
• 3:43
  Beckershospitalreview.com.