Healthcare Spending

Third-Party Technology Investment Continues to Rise

July 31, 2023 - Insight from “Buyer Mindsets: Health Technology Perspectives from Clinical and Clinical IT Leaders,” a new InfoBrief from the IDC, indicated that 88 percent of US providers intend to increase third-party technology investments in 2023 and 2024. Despite the financial drawbacks of the last several years, the desire to digitally...


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KLAS: ClosedLoop Wins Top Spot in Healthcare AI Category

by Mark Melchionna

According to the 2023 KLAS software and services report, healthcare IT provider ClosedLoop gained recognition for being the best in the Healthcare Artificial Intelligence: Data Science Solutions...

Predictive Analytics-Based Disease Management Outreach Reduces Spending

by Mark Melchionna

A study recently published in the American Journal of Managed Care found that compared with a non-predictive algorithm-driven disease management (DM) program, a disease management outreach program...

Suicide Risk Prediction Models Prove Cost-Effective in Healthcare

by Jessica Kent

Statistical suicide risk prediction models could be implemented cost-effectively in healthcare organizations and may help save many lives each year, according to a study published in JAMA...

Data Analytics Model Shows How Colleges Can Reduce COVID-19 Cases

by Jessica Kent

As colleges begin to develop strategies to control COVID-19 cases during the spring semester, researchers are leveraging data analytics models to determine which methods will be most...

Data Analytics Tool Helps Design COVID-19 Testing Strategies

by Jessica Kent

A data analytics tool shows organizations how different COVID-19 testing strategies and other mitigation methods can help reduce the spread of the virus. Funded by the National Institute of Biomedical...

Machine Learning Predicts Which Breast Cancer Patients Need Surgery

by Jessica Kent

A machine learning algorithm can analyze medical images and predict which breast cancer patients need surgery, revealed a study published in the American Journal of Physiology – Cell...

Predictive Analytics Identifies Infants at Risk of Drug Withdrawal

by Jessica Kent

Predictive analytics tools could help providers identify infants at risk of developing neonatal abstinence syndrome (NAS) after being exposed to opioids during pregnancy, potentially reducing hospital...

Machine Learning Predicts Atrial Fibrillation Hospital Readmissions

by Jessica Kent

A machine learning model was able to predict 90-day hospital readmissions with 85 percent accuracy, according to a study published in Health Services Research and Managerial Epidemiology....

Artificial Intelligence Tools Could Reduce Hospital Readmissions

by Jessica Kent

An artificial intelligence method could reduce 30-day hospital readmissions by an estimated 12 percent, leading to lower annual healthcare costs and improved patient care, according to a study...

New Algorithm Tracks Sepsis Incidence Among Pediatric Patients

by Jessica Kent

Researchers at Children’s Hospital of Philadelphia (CHOP) have developed a new algorithm that can track the epidemiology of sepsis among pediatric patients, allowing for more accurate data...

Artificial Intelligence Saved Over $260M in Fraud, Waste in 2019

by Jessica Kent

Highmark Inc.’s Financial Investigations and Provider Review (FIPR) department has leveraged artificial intelligence to generate over $260 million in savings associated with fraud, waste, and...

Data Governance, Chronic Disease Management Top Priorities in 2020

by Jessica Kent

As healthcare continues its digital transformation in the coming year, the industry will prioritize data governance and chronic disease management to improve treatment and outcomes, according to CVS...

Machine Learning Uses Social Determinants Data to Predict Utilization

by Jessica Kent

A machine learning algorithm accurately predicted inpatient and emergency department (ED) utilization using only publicly available social determinants of health (SDOH) data, showing that it’s...

Free Gene Therapy Available for Patients with Alzheimer’s

by Jessica Kent

Maximum Life Foundation (MaxLife), a non-profit organization focused on aging research, is providing a promising free gene therapy for ten patients with Alzheimer’s disease. According to the...

Google’s Verily Partners with Emory Healthcare to Drive Efficiency

by Jessica Kent

Emory Healthcare and Verily, a healthcare entity owned by Google’s parent company Alphabet, are collaborating to develop new solutions that will help improve cost-effectiveness, operational...

Deep Learning Could Improve Cohort Selection for Clinical Trials

by Jessica Kent

Deep learning models showed promising results in learning key features for clinical trial cohort selection, which could significantly reduce time and costs, according to a study published in JAMIA. In...

Chronic Conditions Account for $8.3B in Avoidable ED Visits

by Jessica Kent

Emergency department (ED) visits for people with at least one chronic condition contributed to nearly 60 percent of all annual visits in 2017 and $8.3 billion in spending, says a report from...

New Project Puts an Actuarial Eye on Big Data, Healthcare Costs

by Jessica Kent

Healthcare costs in the US are on the rise, with the industry spending billions each year to combat chronic disease, manage administrative tasks, and advance medical treatments. Although organizations...