A recent study indicates a decline in patient care experiences at hospitals acquired by private equity firms, contrasting with improvements observed at non-acquired hospitals. By analyzing patient satisfaction ratings from 73 private equity-acquired hospitals and 293 control hospitals between 2008 and 2019, researchers found that the percentage of patients rating their care as a 9 or 10 remained stagnant at 65%, while ratings at control hospitals rose from 66.2% to 69.2%. Furthermore, patient recommendations for acquired hospitals decreased, highlighting a growing disparity in patient perceptions over time. The results suggest that organizational changes after private equity acquisitions may negatively impact care quality, a trend that appeared more significant than the national decline seen during the COVID-19 pandemic.

Patient Care Declines After Private Equity Acquisitions, Study Reveals Epic Share

Indiana University Health (IU Health) disclosed a cyberattack that compromised data from a team member's email account, with unauthorized access detected between August 27 and October 2, 2024. The investigation revealed that affected personal information could include addresses, medical records, and, in some cases, Social Security numbers. IU Health is offering impacted individuals 12 months of credit monitoring and has set up a dedicated call center for inquiries. The organization is also enhancing its security protocols in light of increasing cyber threats targeting healthcare entities.

Indiana University Health Faces Cyberattack, Exposes Sensitive Patient Data Healthcare Finance News

Stanford Medicine has launched an AI tool to aid physicians in conveying lab results to patients by creating draft interpretations in plain language. The technology minimizes administrative tasks, enabling healthcare providers to prioritize patient interactions. Utilizing Anthropic’s Claude 3.5 Sonnet LLM through Amazon Bedrock, the tool has undergone pilot testing with primary care physicians who reviewed its functionality, ensuring that the generated drafts are clear and empathetic before sending them to patients. The initiative aims to enhance communication between patients and providers while reducing workload for healthcare professionals.

Stanford Medicine Unveils AI Tool to Enhance Patient-Physician Communication Stanford Medicine

The Coalition for Health AI (CHAI) has introduced an open-source version of its artificial intelligence Applied Model Card, which aims to function as a "nutrition label" for healthcare AI systems. This initiative seeks to improve transparency and trust between healthcare providers and AI vendors by detailing how AI models are trained and aligning with voluntary standards, including the National Academy of Medicine's AI code of conduct. The model card, developed through collaboration among various stakeholders, is designed to support informed decision-making, streamline procurement processes, and encourage the adoption of AI technologies in healthcare. CHAI is actively soliciting feedback on the model card via GitHub.

CHAI Unveils Open-Source AI Model Card to Boost Healthcare Transparency Healthcare IT News

A recent study indicates a decline in patient care experiences at hospitals acquired by private equity firms, contrasting with improvements observed at non-acquired hospitals. By analyzing patient satisfaction ratings from 73 private equity-acquired hospitals and 293 control hospitals between 2008 and 2019, researchers found that the percentage of patients rating their care as a 9 or 10 remained stagnant at 65%, while ratings at control hospitals rose from 66.2% to 69.2%. Furthermore, patient recommendations for acquired hospitals decreased, highlighting a growing disparity in patient perceptions over time. The results suggest that organizational changes after private equity acquisitions may negatively impact care quality, a trend that appeared more significant than the national decline seen during the COVID-19 pandemic.

Patient Care Declines After Private Equity Acquisitions, Study Reveals Epic Share

Indiana University Health (IU Health) disclosed a cyberattack that compromised data from a team member's email account, with unauthorized access detected between August 27 and October 2, 2024. The investigation revealed that affected personal information could include addresses, medical records, and, in some cases, Social Security numbers. IU Health is offering impacted individuals 12 months of credit monitoring and has set up a dedicated call center for inquiries. The organization is also enhancing its security protocols in light of increasing cyber threats targeting healthcare entities.

Indiana University Health Faces Cyberattack, Exposes Sensitive Patient Data Healthcare Finance News

Stanford Medicine has launched an AI tool to aid physicians in conveying lab results to patients by creating draft interpretations in plain language. The technology minimizes administrative tasks, enabling healthcare providers to prioritize patient interactions. Utilizing Anthropic’s Claude 3.5 Sonnet LLM through Amazon Bedrock, the tool has undergone pilot testing with primary care physicians who reviewed its functionality, ensuring that the generated drafts are clear and empathetic before sending them to patients. The initiative aims to enhance communication between patients and providers while reducing workload for healthcare professionals.

Stanford Medicine Unveils AI Tool to Enhance Patient-Physician Communication Stanford Medicine

The Coalition for Health AI (CHAI) has introduced an open-source version of its artificial intelligence Applied Model Card, which aims to function as a "nutrition label" for healthcare AI systems. This initiative seeks to improve transparency and trust between healthcare providers and AI vendors by detailing how AI models are trained and aligning with voluntary standards, including the National Academy of Medicine's AI code of conduct. The model card, developed through collaboration among various stakeholders, is designed to support informed decision-making, streamline procurement processes, and encourage the adoption of AI technologies in healthcare. CHAI is actively soliciting feedback on the model card via GitHub.

CHAI Unveils Open-Source AI Model Card to Boost Healthcare Transparency Healthcare IT News