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In the News: Healthcare IT Today gathered insightful 2024 healthcare workforce predictions from various leaders across the healthcare industry. Amy Amick, CEO at Aspirion, highlights the pressing challenges in healthcare leadership for 2024. The acute labor shortage and the demand for sophisticated revenue integrity navigation are at the forefront. Discover why exceptional talent, optimized RCM processes, and innovative technology, including generative AI and large language models, are non-negotiable for success. Read the full article for a deep dive into the predictions that matter: https://hubs.li/Q02hjSFq0 #healthcareworkforce # #2024predictions #healthcareinnovation #revenuecyclemanagement #futureofhealthcare #healthcaretechnology

This is the second in interview series with thought leaders, executives, and experts focused on specific issues in health technology. In this post I focus on health systems with three leading experts providing thoughtful perspectives on issues facing health systems, particularly when it comes to technology. I am grateful to Stephen Klasko (Executive in Residence, General Catalyst/formerly President & Chief Executive Officer, Thomas Jefferson University and Jefferson Health); Lee Schwamm, MD (Senior Vice President-Chief Digital Health Officer/Associate Dean, Digital Strategy and Innovation, Yale New Haven Health and Yale School of Medicine; and Sara Vaezy (Executive Vice President, Chief Strategy and Digital Officer, Providence) Providence). You can find the full interview below, but here are a few quotes from the discussion:    “The single biggest barrier healthcare faces is the feeling that nothing can be done.” "Consumer expectations of the healthcare system will increasingly be personal, enduring, meaningful and rewarding—expectations that healthcare systems are struggling to comprehend, never mind to deliver."   “While some health systems have returned to profitability, many are facing substantial headwinds due to rising labor costs . . . and a demoralized workforce.”   “Hospitals that have invested billions in the physical infrastructure of sick care are now ill-prepared for a vision of healthcare at any address. It’s hard to get someone to do something when their salary depends on them not doing it."   “Health systems are tired of hundreds of founders pitching their ‘point solution’ while they are suffering with decreasing or disappearing margins.”   “Free pilots are never free.”   “Unless the ROI is outsized or the problem is extremely complex, vertical solutions rarely deliver the full value possible.”   “The key is not about telehealth, hospital at home or AI, it's about how those technologies can help a system achieve ‘healthcare at any address.’”  #digitalhealth #healthtech #healthAI

Virgin Pulse was mentioned in six Gartner®️ Hype Cycle™️ reports. We see these acknowledgements as a recognition of our commitment to changing lives for good for employers, health plans, and health systems. Categories we were included in: 1️⃣ Hype Cycle for Consumer Engagement and Experience in Healthcare and Life Sciences, 2023 (Consumer Journey Analytics, Healthcare Consumer Persuasion Analytics) 2️⃣ Hype Cycle for U.S. Healthcare Payers, 2023 (Digital Health Navigator, Consumer Journey Analytics) - Read the full report: https://bit.ly/48oSoyr 3️⃣ Hype Cycle for Healthcare Data, Analytics and AI, 2023 (Consumer Journey Analytics, Healthcare Consumer Persuasion Analytics) 4️⃣ Hype Cycle for Healthcare Providers, 2023 (Healthcare Consumer Persuasion Analytics) 5️⃣ Hype Cycle for HR Technology, 2023 (Employee Wellbeing Solutions) 6️⃣ Hype Cycle for Hybrid Work, 2023 (Employee Wellbeing Solutions)

From Thoughtworks: The concept of data-driven healthcare has been discussed throughout the industry for decades. But, thanks to significant advances in technology, shifts in patient preferences and digital habits, and advanced digital capabilities becoming far more accessible, it’s now more than just a vision of the future — it’s a reality.   Longitudinal Health Records (LHRs) sit right at the heart of these fast, hyperconnected healthcare experiences, services and ecosystems. They provide the input necessary for payers and multidisciplinary care teams to curate personalized Longitudinal Care Journeys for their patients. They’ve always been an essential element of care delivery and payer services, but now they’re playing a pivotal role in some of the most significant shifts happening in the healthcare industry.   In this whitepaper, you’ll learn about: The rising opportunities LHRs can leverage with data Challenges LHRs face when it comes to current data structures Data Mesh: a new architectural pattern that can revolutionize future LHR strategies

Empowering Frontline Leaders Using Technology to Create Change | Healthcare IT Today - Healthcare IT Today #EmpoweringFrontlineLeaders In the blog post "Empowering Frontline Leaders Using Technology to Create Change" on Healthcare IT Today, the author discusses the importance of utilizing technology to empower frontline leaders in healthcare. The post covers several key points: #ChallengesFacedByFrontlineLeaders Frontline leaders in healthcare face numerous challenges in their roles, including communication barriers, lack of access to real-time data, and limited decision-making authority. #BenefitsOfTechnologyEmpowerment By leveraging technology, frontline leaders can overcome these challenges and drive positive change within their organizations. Technology provides tools for improved communication, access to real-time data, and increased decision-making capabilities. #ExamplesOfSuccessfulImplementation The blog post highlights examples of successful implementation of ai.mediformatica.com #health #laudio #healthcare #technology #frontlineleaders #this #unchealth #change #vive #found #scale #tanyacontent #digitalhealth #healthit #healthtech #healthcaretechnology @MediFormatica (https://buff.ly/3x3vv5k)

Rising costs and labor shortages are driving healthcare leaders to use technology to future-proof workforces. At Fathom, we believe learning to work with AI is key to gaining an edge in the industry and keeping business flourishing – and we're not the only ones who think so.    In a piece for Becker's Healthcare, three healthcare CEOs from leading organizations share their thoughts about using technology to augment the workforce without compromising quality. Here are snippets of their perspectives: Bill Gassen of Sanford Health: "How do we learn how to best optimize and capitalize on the technological opportunities that are in front of us? How do we augment the work [our staff] do? … We don't want to replace them, but allow the work they do to be more satisfying and of higher quality." Tommy Ibrahim, MD, MHA, CPE, FHM, FACHE of Bassett Healthcare Network: Focusing on the employee experience "now more than ever," and prioritizing technologies "that can make the staff safer and reduce burnout." Russ Gronewold of Bryan Health: Integrating artificial intelligence and machine learning into the system, including technology to "eliminate the frustration of staff members who were constantly disrupted by short, easy tasks throughout the day." AI is not here to replace your team, but to empower them. Not sure how that works? We wrote about integrating tech into coding workflows in For the Record here: https://lnkd.in/ev96WsXu #MedicalCoding #MedicalBilling #RevenueCycleManagement #Healthcare #ArtificialIntelligence

💡 Only 5% of #healthcare leaders have a positive outlook for 2024- with talent challenges and economic pressures looming. In our Deloitte 2024 Health Care Outlook, we outline how the adoption of new technologies and business models may present the biggest challenge heading into the new year. Health care executives highlighted #ConsumerExperience, engagement, and trust as their top area for investment (50%). With health care consumer satisfaction continuing to lag behind other industries, we need greater emphasis on transparency and experience to deliver the health care journey consumers expect and require. In this report, we highlight 5 key areas that will shape healthcare in 2024: 1. 🤝 M&A and #Convergence: We're witnessing a transformative wave where mergers and novel collaborations with tech giants and industry disruptors are setting new benchmarks for innovation and consumer-centric care. 2. 🚀 #generativeai and #DigitalTransformation: Integrating generative AI likely won’t be the most challenging part of a digital transformation. Rather, organizations must undertake a much broader digital transformation with a modern cloud-based data architecture to build and maintain generative AI models at scale. 3. 👩💼👨💼 Workforce Talent Challenges: Navigating the changing healthcare environment requires more than just retaining and recruiting; it's about fostering a workforce agile enough to embrace and drive digital transformation effectively. 4. 🌐 Outsourcing and Offshoring: More than cost-saving measures, these strategies are reimagining operational efficiency and quality in healthcare delivery. 5. 💵 Affordability and Empowered Consumers: Healthcare leaders can influence consumer choice and loyalty by better integrating accessible digital and virtual tools, including those powered by generative AI. This is even more critical moving forward as costs continue shifting to consumers in the form of higher deductible health plans that harm affordability. To delve deeper, check out Tina Wheeler and Wendy Gerhardt Dorfman's report! Bill Fera, Jay Bhatt, Maulesh Shukla, Neal Batra

What trends will shape the healthcare landscape in 2024? "Health systems are seeking M&A deals to boost operational efficiency, improve cost-effectiveness and strengthen their ability to provide comprehensive and integrated services." M&A, generative AI, workforce challenges, outsourcing, and affordability are key trends shaping the healthcare landscape in 2024.

Strategic workforce planning

According to the newly released Future Health Index 2024 report, 92% of healthcare leaders believe automating repetitive tasks is "critical for addressing staff shortages in healthcare." The takeaways from the ninth edition of the report are clear: AI can help address serious care gaps. More from Bryan Bledsoe below: https://hubs.li/Q02DHcg50