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In the News

Health care providers losing up to $1B a day from cyberattack

March 12, 2024

The cyberattack on Change Healthcare has inflicted severe disruptions on the U.S. healthcare system, with industry officials and analysts estimating the cost to health providers at up to $1 billion daily. This significant financial strain is expected to impact first-quarter earnings negatively, highlighting the critical role of Change's third-party payment systems, which are utilized by approximately half of the U.S. healthcare sector. Despite efforts to restore these systems, the process is complex, involving extensive manual workarounds and additional administrative tasks for hospitals, pharmacies, doctors, and medical equipment vendors. The situation has led to a considerable loss in revenue since February 21, when the cyberattack initially took systems offline. With federal officials stepping in to provide emergency funds and calls for UnitedHealth to assist, the sector faces a challenging period of recovery, complicated further by potential delays in payments and the likelihood of unrecovered funds due to administrative errors.

Health care providers losing up to $1B a day from cyberattack Axios

Read More

Apple, Tesla, and the Dying Dream of Self-Driving Cars

March 12, 2024

In the article "The Self-Driving Car Bubble Has Popped" by John Herrman for Intelligencer, the focus is on Apple's discontinuation of its nearly decade-long endeavor to develop a self-driving car, known internally as Project Titan. Despite the recruitment of industry veterans and significant financial investment, the project was hindered by numerous challenges, including technological limitations and changing market dynamics, leading to its abrupt end. The broader context reveals a cooling enthusiasm for autonomous vehicles across the industry, marked by overoptimistic forecasts, high-profile failures, and a reevaluation of goals toward more achievable driving-assistance technologies. This shift underscores the complex realities facing the pursuit of fully autonomous vehicles, as companies grapple with both the technical and practical obstacles ahead.

Apple, Tesla, and the Dying Dream of Self-Driving Cars New York Magazine Intelligencer

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HIMSS24: Microsoft, 16 health systems to operationalize AI under new partner network

March 12, 2024

On March 11, 2024, a coalition comprising Microsoft, 16 health systems, and various health technology organizations announced the formation of the Trustworthy & Responsible AI Network (TRAIN). This initiative aims to establish and promote best practices and standards for responsible AI application in healthcare. TRAIN seeks to enhance patient care and safety by fostering trust in AI technologies, which are increasingly used for patient screening and administrative tasks. The network will focus on sharing AI best practices, creating a secure online portal for registering clinical AI, developing a national AI outcomes registry, and providing tools for measuring AI effectiveness in diverse populations. This collaboration builds on principles from the Coalition for Health AI (CHAI) and includes notable health systems and tech providers committed to ensuring equitable access to TRAIN's resources for organizations of all sizes.

HIMSS24: Microsoft, 16 health systems to operationalize AI under new partner network Fierce Healthcare

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Healthcare pros show interest in Apple's Vision Pro — survey

March 12, 2024

A Tebra survey (link) reveals a high interest among U.S. healthcare professionals in adopting Apple’s Vision Pro for medical applications, signaling the potential for transformative changes in healthcare delivery. The survey, which involved 130 healthcare professionals and 1,003 Americans, highlights the readiness of the healthcare industry to embrace spatial computing technologies for a variety of uses, including remote care, surgical planning, and medical training. The potential of these technologies to combine virtual and real worlds, enhance efficiency in medicine, and address the global shortage of medical professionals has been underscored, while also emphasizing Apple's commitment to privacy. Interest among healthcare practitioners and patients alike points towards a positive reception of technology-driven healthcare solutions, further supported by ongoing research and development in health-focused applications for visionOS.

Healthcare pros show interest in Apple's Vision Pro — survey Computerworld

Read More

Health care providers losing up to $1B a day from cyberattack

March 12, 2024

The cyberattack on Change Healthcare has inflicted severe disruptions on the U.S. healthcare system, with industry officials and analysts estimating the cost to health providers at up to $1 billion daily. This significant financial strain is expected to impact first-quarter earnings negatively, highlighting the critical role of Change's third-party payment systems, which are utilized by approximately half of the U.S. healthcare sector. Despite efforts to restore these systems, the process is complex, involving extensive manual workarounds and additional administrative tasks for hospitals, pharmacies, doctors, and medical equipment vendors. The situation has led to a considerable loss in revenue since February 21, when the cyberattack initially took systems offline. With federal officials stepping in to provide emergency funds and calls for UnitedHealth to assist, the sector faces a challenging period of recovery, complicated further by potential delays in payments and the likelihood of unrecovered funds due to administrative errors.

Health care providers losing up to $1B a day from cyberattack Axios

Read More

Apple, Tesla, and the Dying Dream of Self-Driving Cars

March 12, 2024

In the article "The Self-Driving Car Bubble Has Popped" by John Herrman for Intelligencer, the focus is on Apple's discontinuation of its nearly decade-long endeavor to develop a self-driving car, known internally as Project Titan. Despite the recruitment of industry veterans and significant financial investment, the project was hindered by numerous challenges, including technological limitations and changing market dynamics, leading to its abrupt end. The broader context reveals a cooling enthusiasm for autonomous vehicles across the industry, marked by overoptimistic forecasts, high-profile failures, and a reevaluation of goals toward more achievable driving-assistance technologies. This shift underscores the complex realities facing the pursuit of fully autonomous vehicles, as companies grapple with both the technical and practical obstacles ahead.

Apple, Tesla, and the Dying Dream of Self-Driving Cars New York Magazine Intelligencer

Read More

HIMSS24: Microsoft, 16 health systems to operationalize AI under new partner network

March 12, 2024

On March 11, 2024, a coalition comprising Microsoft, 16 health systems, and various health technology organizations announced the formation of the Trustworthy & Responsible AI Network (TRAIN). This initiative aims to establish and promote best practices and standards for responsible AI application in healthcare. TRAIN seeks to enhance patient care and safety by fostering trust in AI technologies, which are increasingly used for patient screening and administrative tasks. The network will focus on sharing AI best practices, creating a secure online portal for registering clinical AI, developing a national AI outcomes registry, and providing tools for measuring AI effectiveness in diverse populations. This collaboration builds on principles from the Coalition for Health AI (CHAI) and includes notable health systems and tech providers committed to ensuring equitable access to TRAIN's resources for organizations of all sizes.

HIMSS24: Microsoft, 16 health systems to operationalize AI under new partner network Fierce Healthcare

Read More

Healthcare pros show interest in Apple's Vision Pro — survey

March 12, 2024

A Tebra survey (link) reveals a high interest among U.S. healthcare professionals in adopting Apple’s Vision Pro for medical applications, signaling the potential for transformative changes in healthcare delivery. The survey, which involved 130 healthcare professionals and 1,003 Americans, highlights the readiness of the healthcare industry to embrace spatial computing technologies for a variety of uses, including remote care, surgical planning, and medical training. The potential of these technologies to combine virtual and real worlds, enhance efficiency in medicine, and address the global shortage of medical professionals has been underscored, while also emphasizing Apple's commitment to privacy. Interest among healthcare practitioners and patients alike points towards a positive reception of technology-driven healthcare solutions, further supported by ongoing research and development in health-focused applications for visionOS.

Healthcare pros show interest in Apple's Vision Pro — survey Computerworld

Read More
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Insights by Kate Gamble
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