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CrowdStrike outage expected to cost healthcare $1.9B: Report, 7 most promising areas for generative AI in healthcare + 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.
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  Here's your daily industry news briefing for today,
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  July 29th.
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  First, losses for the health care industry from
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  the CrowdStrike
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  IT outage are estimated to reach 1,900,000,000
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  according to a July 24th report from Parametric
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  Solutions,
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  a provider of cloud monitoring, modeling, and insurance
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  services.
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  According to Parametrix,
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  the health care and banking sectors in the
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  US are expected to suffer their greatest direct
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  losses due to the July 19th
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  global disruptions caused by a faulty CrowdStrike software
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  update that led to widespread Windows system crashes.
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  Additionally, the report states that 75%
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  of firms in health care and banking experienced
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  direct financial impacts.
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  Parametrix said its insights into the financial impact
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  of the CrowdStrike event is derived from analyzing
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  more than 4 54 1,000,000,000 data points that
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  could outline
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  the historical performance of cloud services.
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  This comes after CNBC reported that CrowdStrike
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  CEO George Kurtz said that more than 97%
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  of Windows sensors have been restored following the
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  outage.
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  2nd,
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  more than 70% of health care organizations
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  either have already adopted
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  or plan to implement generative AI,
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  McKinsey and Co reported July of 25th.
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  Here are the areas that health care leaders
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  believe will benefit the most from generative AI
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  according to the management consultant's March survey of
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  a 100 executives across providers, payers, health services,
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  and technology companies.
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  1st is with
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  clinician and clinical productivity at 73%.
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  2 is patient and member engagement
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  experience at 62%.
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  3 is administrative efficiency and effectiveness at 60%.
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  4 is quality of care and service delivery
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  at 48%.
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  5 is IT and infrastructure at 42%.
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  6 is research and education at 30%,
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  and 7 is at strategy and growth at
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  28%.
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  3rd,
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  UPMC
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  Enterprises
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  and Tampa General Hospital Ventures,
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  the venture capital arms of UPMC and TAPA
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  General Hospital,
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  respectively, have completed a strategic financing round for
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  Medicom,
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  a health tech startup leading enterprise imaging interoperability.
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  UPMC
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  Enterprises and TGH Ventures joined the funding round
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  for Medicom
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  alongside in distant existing ventures such as Cone
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  Health Ventures, the venture capital arm of Cone
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  Health, Oval Park Capital, and GrayHawk
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  GrayHawk Capital.
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  Medi comm plans to harness the new partnerships
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  at capital to boost platform innovation and accelerate
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  go to market efforts according to a July
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  25th news release from the company.
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  If you would like the latest health IT
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  and digital health industry news delivered to your
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  inbox every morning, subscribe to the Becker CIO
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  and health IT review enewsletter through our website
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  atwww.beckershospitalreview.com.