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In the News

The Future of LLMs in Healthcare: 5 Clinical Use Cases

July 3, 2024

Large Language Models (LLMs) have rapidly found valuable applications in healthcare, from improving patient communication and documentation to analyzing unstructured data for clinical insights. The integration of LLMs with Electronic Health Records (EHR) systems enhances their utility but also introduces challenges in maintaining accuracy and addressing biases. Developers and healthcare providers must implement safeguards to ensure ethical usage and minimize risks like data privacy breaches and incorrect LLM outputs. Ongoing evaluations and user feedback are essential to fully realize the potential of LLMs while mitigating their limitations.

The Future of LLMs in Healthcare: 5 Clinical Use Cases HealthTech Magazine

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UC Davis Health, Best Buy Health team up for 'holistic' care

July 1, 2024

UC Davis Health, in partnership with Best Buy Health’s Current Health platform, is implementing a remote patient monitoring program to enhance chronic disease management, particularly hypertension. Despite advancements, effective blood pressure control remains challenging for many patients. The program will utilize blood pressure cuffs and scales to transmit real-time data to UC Davis Health's electronic medical records, improving patient and physician collaboration. Best Buy Health was chosen for their comprehensive and accessible monitoring solutions, as well as their robust logistical and technical support, allowing clinical teams to concentrate on patient care.

UC Davis Health, Best Buy Health team up for 'holistic' care Becker's Hospital Review

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Walgreens to shutter up to 25% of retail stores nationwide

July 1, 2024

Walgreens plans to close up to 25% of its underperforming retail stores as the current pharmacy model becomes unsustainable, according to CEO Tim Wentworth. With the shift in customer demographics and preferences, only 75% of U.S. stores contribute to segment Adjusted Operating Income (AOI), necessitating store closures over the next three years. Walgreens also faces reimbursement pressure from pharmacy-benefit managers and lower script market growth compared to pre-pandemic levels. To cut costs, Walgreens will reduce its stake in VillageMD and close unprofitable clinics, aiming to better align with long-term profitability strategies.

Walgreens to shutter up to 25% of retail stores nationwide Healthcare Finance News

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Lurie Children's Hospital says nearly 800,000's data compromised in cyberattack

July 1, 2024

Lurie Children's Hospital of Chicago faced a significant cybersecurity breach in January, leading to unauthorized access to the personal information of nearly 800,000 individuals. The hospital's electronic systems were temporarily taken offline to mitigate the threat, causing disruptions in patient services. By late May, all patient-facing systems were reactivated, though MyChart functions are still being updated. The hospital did not pay a ransom and has offered affected individuals complimentary access to information protection services. An ongoing investigation, in collaboration with law enforcement, aims to enhance future cybersecurity measures.

Lurie Children's Hospital says nearly 800,000's data compromised in cyberattack Fierce Healthcare

Read More

The Future of LLMs in Healthcare: 5 Clinical Use Cases

July 3, 2024

Large Language Models (LLMs) have rapidly found valuable applications in healthcare, from improving patient communication and documentation to analyzing unstructured data for clinical insights. The integration of LLMs with Electronic Health Records (EHR) systems enhances their utility but also introduces challenges in maintaining accuracy and addressing biases. Developers and healthcare providers must implement safeguards to ensure ethical usage and minimize risks like data privacy breaches and incorrect LLM outputs. Ongoing evaluations and user feedback are essential to fully realize the potential of LLMs while mitigating their limitations.

The Future of LLMs in Healthcare: 5 Clinical Use Cases HealthTech Magazine

Read More

UC Davis Health, Best Buy Health team up for 'holistic' care

July 1, 2024

UC Davis Health, in partnership with Best Buy Health’s Current Health platform, is implementing a remote patient monitoring program to enhance chronic disease management, particularly hypertension. Despite advancements, effective blood pressure control remains challenging for many patients. The program will utilize blood pressure cuffs and scales to transmit real-time data to UC Davis Health's electronic medical records, improving patient and physician collaboration. Best Buy Health was chosen for their comprehensive and accessible monitoring solutions, as well as their robust logistical and technical support, allowing clinical teams to concentrate on patient care.

UC Davis Health, Best Buy Health team up for 'holistic' care Becker's Hospital Review

Read More

Walgreens to shutter up to 25% of retail stores nationwide

July 1, 2024

Walgreens plans to close up to 25% of its underperforming retail stores as the current pharmacy model becomes unsustainable, according to CEO Tim Wentworth. With the shift in customer demographics and preferences, only 75% of U.S. stores contribute to segment Adjusted Operating Income (AOI), necessitating store closures over the next three years. Walgreens also faces reimbursement pressure from pharmacy-benefit managers and lower script market growth compared to pre-pandemic levels. To cut costs, Walgreens will reduce its stake in VillageMD and close unprofitable clinics, aiming to better align with long-term profitability strategies.

Walgreens to shutter up to 25% of retail stores nationwide Healthcare Finance News

Read More

Lurie Children's Hospital says nearly 800,000's data compromised in cyberattack

July 1, 2024

Lurie Children's Hospital of Chicago faced a significant cybersecurity breach in January, leading to unauthorized access to the personal information of nearly 800,000 individuals. The hospital's electronic systems were temporarily taken offline to mitigate the threat, causing disruptions in patient services. By late May, all patient-facing systems were reactivated, though MyChart functions are still being updated. The hospital did not pay a ransom and has offered affected individuals complimentary access to information protection services. An ongoing investigation, in collaboration with law enforcement, aims to enhance future cybersecurity measures.

Lurie Children's Hospital says nearly 800,000's data compromised in cyberattack Fierce Healthcare

Read More
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Insights by Kate Gamble
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