Latest News in Healthcare industry, HIPAA Updates, Value-Based Care
News in the healthcare industry is ever-evolving. Today there are artificial intelligence (AI) solutions helping hospitals, clinicians, nurses, and healthcare facilities. We will take a deep dive into what value-based care is today and what is the future of healthcare spending. We will also take a look at an innovative app. Nursa™ That is helping healthcare facilities and nurses connect.
AI Solutions that Help Facilities Handle Sensitive Information
First up is a new AI solution that helps facilities with strict HIPAA (Health Insurance Portability and Accountability Act) laws on sharing patient data while still utilizing the AI functionality of the cloud without compromising patient data. AI solutions are on the rise for hospitals and healthcare facilities. The problem has been how to utilize the fast computations of the cloud without risking patient data losses.
Siemens has come up with an innovative solution where healthcare facilities can bring the cloud to them and utilize the power of the cloud and AI without any personal data leaving the health facilities. This has been a great resource for radiologists and healthcare professionals who need a lot of time reading and analyzing results and findings from patient exams. The AI is able to run algorithms to help speed up the results and make everything more efficient.
What is Value-Based Care and Why Does it Matter?
What is a value-based care model? A value-based care model incentivizes healthcare providers to focus on the quality, rather than quantity, of services delivered. In value-based healthcare, healthcare providers (including doctors and hospitals) are paid according to patient outcomes. A recent survey conducted by Home Health Care News (HHCN) between March 9 and April 4, 2022, showed that 42% of providers predict value-based contracts will make up more than half or the majority of their organizations’ revenue in the next three to five years. Many remain confident about the financial and clinical results value-based contracts can yield. Here is a look at the value-based care model benefits society.
The Affordable Care Act is Set to Expire
his kind of model is very important at this time due to the fact that the Affordable Care Act (ACA) is due to expire in 2023. Certain states will be hit harder than others due to the fact that certain states have safety nets in place to take care of patients should Congress not renew the ACA. Biden in the past has stated that he wants to make the act permanent. With the possibility of the ACA expiring, it would mean that hospitals, healthcare facilities, and populations of people that can’t normally afford insurance will not seek much-needed treatments. So in the meantime, the ACA is in the hands of congress. Here is a breakdown of how the states will fare should the ACA not be renewed from the Kaiser Family Foundation (KFF).
Healthcare Costs and Spending News
With the costs of spending in the healthcare sector thought to be on a downwards swing, the innovative aspects are picking up the slack to make things easier for healthcare workers by saving time, travel, money, and help improve overall health outcomes. One innovative device that was developed by researchers in John Radcliffe Hospital helps analyze 80,000 data points on each echocardiogram and produces a near-perfect diagnosis that is expected to save the UK GBP 300 million a year. Another innovative technology helping clinicians, doctors, and nurses is remote monitoring tools. Health facilities that embrace this new line of tech are able to increase healthy patient outcomes by monitoring patients from afar, with the ability to assign tasks and reminders for the patients and caregivers alike.
A platform app. Nursa™ is revolutionizing the way nurses and facilities can overcome shift shortages, and give flexibility to the nursing staff. The app. is easy to use and is a win-win situation for both health facilities and nurses. The nurses get to pick which city, shifts, and duration of shifts they want to complete, and health care facilities get to post the needs of the shifts that need to be filled. The healthcare facilities get to review the quality of the applicants and get to control who they want per shift. Nurses get very competitive salaries and get to choose only the days and time they are willing to work. The app. It is easy to download onto any smartphone and after a few quick questions, nurses, and clinicians connect to fulfill shifts for better patient care and help to improve livelihoods.
For more healthcare news, read our article about the ban on noncompetes, which frees up healthcare professionals to take control of their careers and ultimately, destinies.
