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In the News

The hottest market for hospital M&A

August 26, 2024

Hospital consolidation in Pennsylvania has surged, leading the nation in merger and acquisition activity this year. Notable deals include Risant Health’s acquisition of Geisinger Health, UPMC’s expansion with Washington Health, and WellSpan Health’s integration of Evangelical Community Hospital. Additionally, Jefferson Health merged with Lehigh Valley Health Network, Penn Medicine plans to acquire Doylestown Health, Community Health Systems is selling three hospitals to WoodBridge Healthcare, and CHA Partners intends to buy Crozer Health. These transactions illustrate a broader trend of strategic consolidations aimed at expanding healthcare networks and enhancing service offerings.

The hottest market for hospital M&A Becker's Hospital Review

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RWJBarnabas sees 15% drop in mortality with Epic predictive tool

August 23, 2024

RWJBarnabas Health in West Orange, N.J., is leveraging Epic's Deterioration Index to identify early signs of patient deterioration across its 12 hospitals. The index uses comprehensive patient data to assign risk scores, allowing clinical teams to intervene more rapidly. Implemented systemwide in March 2023, the tool has led to an estimated 100 lives saved and a 15% reduction in inpatient mortality. The rollout involved rigorous validation and adjustments, resulting in a three-tiered alert system to minimize administrative burden and expedite care. Strong communication and clinician engagement were key to the initiative's success, highlighting the potential of predictive models to enhance patient outcomes.

RWJBarnabas sees 15% drop in mortality with Epic predictive tool Becker's Hospital Review

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ChatGPT Vs. Magic 8 Ball: Who Can Solve “The HealthCare Crisis”?

August 23, 2024

In this article, Michael L. Millenson humorously contrasts the responses of ChatGPT and a Magic 8 Ball on solving the longstanding healthcare crisis, focusing on cost, quality, and access issues. Magic 8 Ball gives concise, often ambiguous answers, while ChatGPT provides detailed, multi-faceted responses replete with strategies, challenges, and considerations. Millenson notes that ChatGPT's thoroughness resembles think-tank policy discussions, while the Magic 8 Ball’s brevity underscores the complexity of finding straightforward solutions to healthcare issues. Ultimately, both tools highlight the intricacies of healthcare reform, albeit in drastically different ways.

ChatGPT Vs. Magic 8 Ball: Who Can Solve “The HealthCare Crisis”? The Healthcare Blog

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Epic annual meeting offers peek at health care’s AI future

August 23, 2024

Epic Systems' annual Users Group Meeting showcased new AI tools for healthcare, with presentations highlighting developments that can aid patients, providers, and payers. Among the announcements were AI-driven features to help nurses and doctors communicate with patients, a large database known as Cosmos containing anonymized records of 270 million patients for research, and the Look-Alikes function for treating rare diseases. Additionally, a demo highlighted futuristic MyChart functionalities, including AI-driven patient follow-ups and personalized recovery assessments. Epic's leaders underscored the accelerated pace of innovation, hinting at rapid advancements in integrating AI into healthcare.

Epic annual meeting offers peek at health care’s AI future The Cap Times

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