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Enhancements in Clinical Competency, Workforce Solutions, and AI in Healthcare

Happy Thursday! We hope you’re having a great week. As promised, here is the second newsletter this week. Enjoy!

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Latest Podcast Episode

ICYMI: In the latest episode of the Digital MD podcast, Dr. Liz Kwo sits down with Brian Urban, the Director of Innovation and Emerging Markets at FinThrive. Brian, with his extensive experience in exercise physiology, business administration, and public health, provides an in-depth look at how FinThrive uses AI and data analytics to enhance revenue cycle management in healthcare.

Featured Article

Top Insights of the Week

Clinicians in the spotlight

Kahuna Workforce Solutions will deploy its skills management platform for more than 14,000 nurses at Memorial Hermann Health System

The software will allow Memorial Hermann to standardize its evidence-based content across the multi-facility system, consisting of 17 hospitals and more than 250 care delivery sites. 

It will also streamline onboarding and orientation, reduce risks of documentation inconsistencies, and enable transparency and accessibility of competency data for frontline staff throughout the health system.

Why is this important? 

Explains how the platform aligns with Memorial Herman’s nursing strategy to optimize the processes, prioritize innovation and safety, and excel as a top provider of care and clinical advancement for clinicians.

Trio VMS and IntelyCare announce a partnership that helps overcome the critical workforce shortages in healthcare

This integration enables healthcare facilities to quickly and easily connect with local, credentialed, and ready-to-work clinicians on a per diem basis. It allows them to swiftly meet staffing demands with a broader network of ready-to-work, top-tier healthcare professionals.

Why is this important? 

Explains how clinicians benefit from the work flexibility and the stability of employer-paid benefits alongside robust training opportunities, helping to reduce burnout while also increasing attendance and retention.

Oracle launches Clinical Digital Assistant to reduce the manual work that contributes to clinician burnout

According to the company, this voice and generative AI tool decreases the physicians' documentation time by up to 40%.

Why is this important? 

Explains how it helps automate referrals, prescription orders and scheduling of follow-up labs and appointments, boosting workflow efficiencies and how it allows providers to access information from their patients' medical history by asking – reducing the need to navigate through drop-down menus or scroll through screens of the EHR.

Online job portal for temporary healthcare workers secures $22 million

Nomad Health provides a staffing marketplace for temporary workers, allowing users to search for job openings nationwide, search by pay and specialty, apply for positions and manage their resumes.  

Why is this important? 

Explains how clinicians searching for temporary jobs can find them in an easy and accessible way.

A new report shows that in 2023 employers increased compensation to address the increased demand for healthcare workers

Over the past five years, registered nurse median compensation has increased by 19.6%, medical assistant compensation surged by 20.6% and licensed practical nurse compensation rose by over 22%.

Why is this important? 

Explains the efforts employers make in attracting and retaining staff to address healthcare workforce shortages, whether is better benefits packages, new graduate programs or investments in upskilling current staff into new roles.

Inspirational Pill

University Health adopts technology-driven medication management to reduce the time nurses spend dispensing meds

By maintaining the integrity and organization of the medications, the solution significantly reduces the time nurses spent at the cabinet and minimizes medication waste and contamination.

Why is this important? 

Explains how nursing staff and pharmacy technicians can find easier and faster the medication they need and dispense precise doses, minimizing discrepancies and how the time nurses spend at the medication dispensing cabinets is reduced by 20%.

Startups, therapies and devices

A handheld, AI-driven device might improve the speed and accessibility of Chronic Obstructive Pulmonary Disease diagnosis 

NHS is planning to use N-Tidal, a handheld device developed by TidalSense, a med tech company, for diagnosing COPD. 

Patients simply breathe normally into a mouthpiece for 75 seconds, and the device will analyse the pattern of CO2 in their breath using AI to determine the likelihood of them having COPD.

Why is this important?

Explains how N-Tidal will offer a patient-friendly alternative diagnostic approach that uses AI to improve the speed and accessibility of COPD diagnosis.

Remote Patient Monitoring

OSF HealthCare’s virtual care management and patient monitoring systems track critical health data in real time

The care management teams conduct for 90 days regular check-ins and use disease-specific assessments to monitor patient progress and quickly address any emerging health concerns of patients with high risk of readmission.

Why is this important?

Explains how this integrated, technology-enhanced approach can reduce readmissions and enhance the overall quality of care across the health system.

Opinion

Healthcare and AI: Thinking about the problems and avoiding mistakes

Organizations need to think equally about people, process and technology when it comes to AI and focus on solving a specific problem. Otherwise, it's very hard to be successful with AI, says Calum Yacoubian, MD, director of healthcare AI strategy at IQVIA.

Why is this important?

Explains that the potential for harm and the risks of AI for the medical domain has to be the main concern of those who want to translate AI’s promise and potential into actionable patient-impacting outcomes.

Survey

A survey released by Elation says that primary care physicians are generally optimistic about AI’s potential to make care delivery more efficient by removing a significant part of their administrative burden.

Why is this important?

Explains how AI can enhance physicians performance by providing them with more tools and time to efficiently manage the health outcomes of their patients.

Thought Leadership

Michael Langer, co-founder of T-Rex Capital and a leader in the biotech and digital health sectors discusses “Mastering Time Management and Planning for an Efficient Lifestyle.”

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