Elion

Here’s your recap of last week’s health IT news 🗞️ 👇 🤖 AI Clinician Assistant • athenahealth released Ambient Notes, a fully integrated AI ambient scribe for ambulatory practices, which also supports switching between AI models based on context and individual preference. • Abridge is partnering with OpenNotes to evaluate AI-generated visit summaries. 📞 AI Contact Center • healow health released Genie, a phone-, text-, and chat-based AI conversational chat solution for appointment scheduling, prescription refills, and more. 🏥 AI Facility Management • Kontakt.io released a security app that allows staff to page security personnel with location information, and a Kio Nurse app for locating items with a live map view. 📈 Data & Analytics • Alameda County selected Innovaccer to unify and analyze the data in its Social Health Information Exchange.    • Cornerstone AI announced an additional $5M investment, bringing its total funding to $10M. • emtelligent released their Clinical Workflows solution, which offers both clinical and business users across healthcare organizations an interface experience to interact with their existing LLM and NLP engine. 💼 Provider & Practice Administration • Axuall announced two new health system partnerships—VA-based Inova Health System and IN-based Community Health Network—and a partnership with PayrHealth, which helps providers negotiate contracts and reimbursements. 🔁 RCM • SmarterDx released an AI denials solution that creates AI-generated appeals letters.    • Inovalon hosted its Empower 2024 summit and announced a host of new solutions and updates, including an eligibility verification solution for provider organizations and several other tools for health plans and research organizations. • XiFin, Inc. added two new payers to its Payor Rate Transparency Monitor—Humana and Blue Shield of California—and launched Payor Intelligence Hub to help providers better understand payer policies and behaviors. ⚙️ Clinical Operations • Oracle hosted its Oracle Health Summit and announced a number of new features and product updates, including an AI-native EHR, patient admin tools, and plans to become a QHIN. • eClinicalWorks hosted its National Conference and released AI RCM tools, VBC scorecards, and patient engagement updates. • Altera Digital Health released a new EHR, Paragon Denali—natively deployed in Microsoft Azure —intended for rural, critical access, and community hospitals. 🤝 Staffing, Consults, and Referrals: • Tennr raised a $37M Series B. • Cottage Hospital partnered with ShiftMed to add more flexible per diem options for acute care staff. 🧑💻 Virtual & At-Home Care • Brook Health is partnering with Linus Health to provide treatment plans and ongoing remote clinical care for cognitive care patients. --- Want the latest healthcare tech news delivered to your inbox each week? Sign up here 📬 👉 https://lnkd.in/e2UJ3ckP

While it’s fairly obvious that automating the medical coding process is beneficial, it’s important to break down exactly what that means and understand how autonomous coding can contribute to ROI. 💸 In our newest buyer’s guide we’re covering how autonomous coding solutions can have positive effects across: 🏃 Claims processing speed 📈 Scalability 💯 Consistency and accuracy 🔁 Continuous improvement 🤑 Cost savings Check out the full guide here: https://lnkd.in/dRuqbvRW

Most autonomous coding systems share a common structure: They ingest clinical data through EHR integration, process it, and, ideally, write codes to a claim in the claims management system. However, the technical aspects of autonomous coding involve different AI architectures, each with its own strengths and challenges. It can be helpful to understand these differences when selecting an autonomous coding vendor. Here’s a quick overview of the pros and cons of each, though we’ve broken this down in far more detail in our latest Autonomous Coding Buyer’s Guide: https://lnkd.in/dRuqbvRW If you’re currently thinking about AI for RCM—whether that’s identifying the right use cases for automation, thinking through the vendor landscape, or ultimately making vendor decisions—message us to connect and learn how Elion can support your organization with consulting help or research.

Many vendors are entering the market claiming to offer autonomous coding solutions. However, it's essential to define what true autonomous coding entails. In our view, a solution must meet several criteria to be considered autonomous coding: • 𝗠𝗶𝗻𝗶𝗺𝗮𝗹 𝗵𝘂𝗺𝗮𝗻 𝗶𝗻𝘁𝗲𝗿𝘃𝗲𝗻𝘁𝗶𝗼𝗻, with • 𝗛𝘂𝗺𝗮𝗻 𝗼𝘃𝗲𝗿𝘀𝗶𝗴𝗵𝘁 𝗳𝗼𝗿 𝗰𝗼𝗺𝗽𝗹𝗲𝘅 𝗰𝗮𝘀𝗲𝘀 In our newest buyer’s guide, we’re breaking down the autonomous coding space, including: • The technological advancements that underpin autonomous coding • How autonomous coding works • Pros and cons of different AI architectures • The benefits of autonomous coding • Which vendors currently offer true autonomous coding solutions, and • What to look for in an autonomous coding vendor Check out the full guide, which includes Fathom, Milagro, Nym, CodaMetrix, RapidClaims.ai, Arintra, CorroHealth, Maverick Medical AI , Semantic Health, Synaptec Health, and XpertDox here: https://lnkd.in/dRuqbvRW

This week Bobby Guelich spoke with Graham Walker, MD of The Permanente Medical Group, Inc. about where they're focusing tech efforts, how they assess co-development, and how startups can compete in an Epic-dominated ecosystem. He shared, "If I have a criticism of Epic, it’s that they tend to get 80% of the way there with their products. Given the breadth of their product surface area, they can’t focus deeply on niche workflows. Solutions that get the clinician from 80% happiness to 100% happiness are a good space for startups." See their full conversation here: https://lnkd.in/eG5rAqVJ

Anthropic released its computer use functionality at #HLTHUSA last week, and it casts a new light on several of the concerns we're hearing most often from healthcare leaders: - The challenges in evaluating accuracy, precision, and bias of AI software across use cases - The dichotomy between vendors trying to find their niches within a market and those trying to expand from point solution to platform -The question vendors now seem to be asking: Will advancing AI capabilities help or harm our business? As Patrick W. wrote in his analysis on the topic, "Tools like computer use enable implementing specific workflows as point solutions, but with the shared architecture of a common platform. With this, evaluating AI software will start to look more like evaluating an employee’s performance." Read the full write up: https://lnkd.in/ekrC43wB

Don’t miss this week’s top headlines!

This week, Bobby Guelich spoke with Karen Hunter of Adventist Health on their transition to Epic, virtual nursing, AI for nurse scheduling, and more. She highlighted a common mistake the health systems make when implementing new tech: "We can’t simply overlay Epic onto our existing workflows and expect everything to function as before. This transition is an opportunity to truly transform how we operate, by enhancing efficiency, improving patient safety, and reducing variability. In the past, we often tried to replicate paper processes within the EHR, which didn’t fully leverage the technology. I liken it to how my mom wanted a smartphone but still uses it just like a landline, sitting in her kitchen talking to friends. We need to go beyond using new tools for the same old tasks." See their full conversation here: https://lnkd.in/eh-jVWTG

Early hospitals were among the riskiest places to seek care—sepsis, post-surgical gangrene, and other infections ran rampant, drastically increasing morbidity. While today’s hospitals are much safer, patients still face risks such as infections, strokes, falls, and other forms of acute deterioration. Effective interventions exist, but their success depends on identifying issues early, before they escalate. Modern healthcare generates a wealth of data from bedside monitors, lab results, imaging reports, and clinical notes in the EHR. While the data is abundant, the real challenge lies in continuously monitoring these inputs to detect signs of deterioration before they manifest into crises. AI inpatient risk monitoring tools address this challenge by leveraging machine learning and statistical models to track patient data in real-time and alert clinical staff to potential risks. In this week's market map we're exploring the risk monitoring capabilities of Aidoc, AITRICS, Bayesian Health, Biobeat, CLEW, Epic, Etiometry Inc., Healthplus.ai, Kinometrix, Luminare, and Viz.ai Get the full breakdown at: https://lnkd.in/ebrJXfm5

Today’s Vendor Spotlight is… MediCodio Inc. Codio What Medicodio Codio does (Elion’s take): - Enables provider search and price transparency, with tools to help users locate healthcare providers and access their pricing information.  - For providers, the product enables them to stay compliant with CMS price transparency requirements, and helps patients and other providers more easily find them. Founded: 2021 Total Funding: Pre-Seed Leadership: Umesh Vaidyamath, Raj Vaidyamath Core Differentiators (according to MediCodio Inc.): - Comprehensive nationwide data: detailed pricing data from 500+ hospitals, on a mission to cover all 5,000+ U.S. hospitals by end of 2024.  - Affordable pricing model: At $99 per month per user, SumHealth offers unlimited access to nationwide hospital pricing data  for patients, insurers, and healthcare providers.  - User-friendly interface: The platform is designed to be easy to navigate, regardless of technical expertise. - Try before you buy: The platform offers a 7-day free trial with no credit card required, and users can cancel anytime. Learn more about Medicodio at https://lnkd.in/ew3A5iw2 (And if you’re a healthcare vendor and want to get featured, claim and update your Elion profile today.)