Geoff Martha

Robin Goldsmith thanks so much for having Sameer Berry, MD, MBA on your show to talk about Oshi Health and our innovative care for #digestivehealth conditions. Such a great conversation around the challenges in #gastroenterology and how new care models like ours address them in ways that are a win for all stakeholders. #valuebasedcare #accountablecare #wholepersoncare

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There are plenty of ways we rely on interoperability in our daily lives – and we never think twice about it. Like sending a text message that is received by your daughter – that shows up exactly the way you sent it. We only think about interoperability when it doesn’t work and creates frustration for users – like the green bubble versus blue bubble text message debate. It’s no big deal when the photo of your dog is pixelated when it makes it to your friend. But when it comes to the exchange of your health information between your doctor, pharmacist and insurance provider – the consequence of incomplete information risks the safety and quality of your care. We’ve come a long way in healthcare interoperability – but we’re not there yet. Hope you’ll check out my recent article for Forbes Business Council on what we must continue doing as an industry so we can forget about interoperability in healthcare and restore the focus back on patient care. https://lnkd.in/ehi6YRTE   #healthcareonLinkedIn #interoperability Surescripts

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PE acquisitions of healthcare providers organizations has slowed this year. I think this is just a pause to take a deep breath before the next plunge. Look for activity to start to spike again later in the year. #healthcare #hospitals #clinics #healthsystems #pe #privateequity #venturecapital #mergers #acquisitions #consolidation

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Modern Healthcare's Digital Health Summit in Chicago explored key components of healthcare's transformation, from AI in healthcare to patient trust and the path ahead for telehealth. ⚕ #AIinHealthcare is accelerating to alleviate administrative burden on clinicians. Health systems are tapping AI to bring patient-doctor conversations into the electronic medical record. "AI-enabled voice transcription products went from five in the market to 30." ⚕ Adoption of AI #medicalscribe technology is growing. This tech is designed to improve the quality of office visits by supporting more personalized interaction with patients. "Physicians can focus on the patient in front of them while the conversation is captured by a smartphone device with generative AI." ⚕ Data and proactive communication are at the center of #patienttrust with digital health solutions. The “why” data is collected should be discussed more often along with the "what" is done with data. "Tell patients how data can help them. Would our thoughts on healthcare data privacy change if we knew sharing data could improve outcomes?" ⚕ Despite the current headwinds on #telehealth, there continues to be a bullish view on how the tech can improve chronic condition management, engage patients, and build a stronger connection between patients and their doctors. “Telehealth has improved the patient experience when it is in the mix with in-person visits and personalized treatment plans." #DHSummit #healthcareinnovations #physiciansupport

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FHIR in Healthcare ECM / EDM Platforms Interoperability and data exchange are paramount for efficient patient care, regulatory compliance, and operational excellence. The fragmented nature of healthcare systems, with disparate data formats, has historically posed significant challenges. However, the advent of Fast Healthcare Interoperability Resources (FHIR) standards has revolutionized data exchange in the healthcare domain. Enterprise Document Management (EDM) and Enterprise Content Management (ECM) platforms serve as indispensable tools for healthcare organizations to streamline document workflows, enhance collaboration, and maintain data integrity. By leveraging FHIR-based interoperability, these platforms can unlock their full potential and transform healthcare delivery. Benefits of FHIR Compliance for EDM / ECM Software Platform Healthcare Payers (P1): Streamlined claims processing, automated prior authorization, real-time eligibility verification (improved member experience and operational efficiency). Health Providers & Health Systems (P2): Seamless integration between disparate healthcare IT systems (EHRs, LIS, RIS), improved care coordination, data-driven decision-making (better patient outcomes and satisfaction). Talk to us for EDM / ECM Platform implementation or click the pic below for our POV. Monika Vashishtha (MBA, PMP, ITIL) 646.734.6482 GHIT DIGITAL https://lnkd.in/dhZz7RMd

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📊 I recently came across an insightful report from the Peterson Health Technology Institute (PHTI), highlighting the tremendous potential of digital physical therapy solutions. The findings are a testament to the transformative power of #DigitalHealth services in improving patient outcomes and reducing healthcare costs. According to PHTI’s analysis, virtual musculoskeletal solutions are delivering clinically meaningful improvements in pain and functional status. This is a significant step forward, especially considering that these digital solutions can be as effective as in-person physical therapy for many patients. This means enhanced accessibility, greater convenience, and potentially faster recovery times for #Patients. 💡 Digital health services are not only proving to be clinically effective but also economically beneficial. By reducing the need for surgeries, injections, and imaging, these solutions can cut healthcare spending significantly. In an era where nearly one in three people in the U.S. suffer from MSK disorders, which account for nearly 10% of medical spending, the impact of such digital innovations cannot be overstated. The rise of digital health technologies is revolutionizing the healthcare landscape, making it imperative for us to embrace these advancements. They are not just about cutting costs but about enhancing the quality of care and enabling faster recovery for patients. Excited to see how these innovations continue to evolve and transform our approach to #Healthcare! 🚀 https://lnkd.in/ep9ME2g8 #DigitalHealth #HealthcareInnovation #PatientOutcomes #PhysicalTherapy #FutureofHealthcare Bjoern von Siemens Dennis Kogan Matt Krueger Amel Mokrani Bois Etienne Bauer Gargee Kashyap Emre kamil Özkan

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Join me on June 6 for an important webinar on the future of personalized healthcare! 🚀 Hear from leaders Nick W. at Philips, Laura Westercamp at Accenture, and myself (Validic) about leveraging patient-generated health data and hybrid care models to transform patient outcomes. This is a must-attend event discussing practical applications for innovation and advancing healthcare for patients—register at the link below! #healthit #digitalhealth #personalizedcare #telehealth #remotepatientmonitoring #hospitalathome

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Navigating Challenges in Orthopedics: Key Insights and Solutions Recent developments shed light on the hurdles facing orthopedics today. From declining reimbursements to cybersecurity threats and product recalls, these challenges demand attention and strategic responses. Key Takeaways: Reimbursement Decline: With reimbursement rates for orthopedic procedures decreasing annually, maintaining financial viability becomes increasingly challenging. Cybersecurity Risks: Orthopedic practices are not immune to cybersecurity incidents, which can compromise patient data and disrupt operations. Product Recalls: Recent recalls of orthopedic devices highlight the importance of quality assurance and timely communication to ensure patient safety. Implications: Access to Care: Declining reimbursements threaten Medicare beneficiaries' access to quality care, highlighting the need for sustainable reimbursement models. Patient Confidentiality: Cybersecurity breaches can jeopardize patient confidentiality and erode trust, underscoring the importance of robust cybersecurity measures. Patient Safety: Product recalls raise concerns about patient safety and emphasize the importance of rigorous quality assurance protocols. Potential Solutions: Advocate for Fair Reimbursement: Orthopedic practices can negotiate with payers and streamline operations to mitigate the impact of declining reimbursements. Strengthen Cybersecurity Measures: Investing in advanced cybersecurity infrastructure and providing staff training can help safeguard patient data from cyber threats. Enhance Quality Assurance: Implementing rigorous quality assurance protocols and maintaining open communication with regulatory agencies can prevent product defects and ensure patient safety. Let's address these challenges collaboratively to uphold the highest standards of care in orthopedics. #Orthopedics #Healthcare #HealthcareChallenges #HealthcareSecurity #PatientSafety https://lnkd.in/exSGMCqP

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Interoperability in healthcare refers to timely and secure access, integration and use of electronic health data so that it can be used to optimize health outcomes. Hear from our own Bobby Sherwood on the challenges and best practices around #interoperability.

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The digital health rhetoric these days seems to be quite polarizing. While acknowledging the pivotal role of technology in enhancing health, we are still in the early innings for healthcare tech as it relates to the transformative impact many had expected to come to fruition. I sat down with my long-time friend and colleague, Mona Siddiqui, MD, MPH, MSE, leader Highmark Health to put together our thoughts on how to truly create scale in healthcare through technology. The TL/DR: 💻 1. Scalability requires greater connectivity, diving into the integration of technology in clinical settings. 💵 2. Payer reimbursement models need to catch up to the changing care delivery landscape 🧠 3. There is real potential for AI and machine learning but it doesn't replace care 💢 4. The future of digital health scalability relies on a multifaceted approach. Highlights include some of the key players leading the way like 7wireVentures portfolio companies NOCD, Jasper Health, GroundGame.Health, as well as Waymark, Author Health, and more. Read more of our thoughts in our latest MedCity piece below! https://lnkd.in/gYSvdPgC

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Join Teresa Younkin as she explores the exciting new features of ChatGPT 4o and its implications for healthcare. Discover how the latest advancements can transform patient interactions and healthcare strategies. 👉 Overview of the new ChatGPT 4o including its ability to understand context and hold conversations. 👉 Demonstration of ChatGPT 4o’s new features, including generating images and providing healthcare advice. 👉 Discussion on how ChatGPT 4o can address common healthcare questions using AI, and its impact on future healthcare consultations. 👉 Insight into the integration of this technology on multiple platforms, enhancing user experience across devices. 👉 Preview of the next episode focusing on a deeper dive into AI features and upcoming announcements from Gemini related to healthcare. 🎧 Tune in here for a sneak preview... then go catch the full #replay! Discover the power of AI for your company and embrace the future of healthcare. Get in touch with me today to learn more about how we can work together in creating the strategy and roadmap for your AI efforts. Reach out and let’s talk! https://buff.ly/4a1Oqwf #HealthcareInnovation #Interoperability #DecisionSupport #HealthTech #DataTransparency #HealthcareData #HealthcareCompliance #HealthcareEvolution #PatientCare #healthtech #DataGovernance

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Have y’all ever watched someone pour water in a cup so fast that it overflows? That’s where I think we are in US #healthcare right now, and according to an article by Yahoo Finance, I’m spot on: US Healthcare spending rose to $4.8 Trillion in 2023, an estimated 17.6% of US GDP. Now I’ve worked in roles across #publichealth, #healthcare and #pharma, but admittedy never quite understood the economic jargon of comparing US healthcare spending to gross domestic product (GDP). So here’s my attempt at explaining this in plain language. ✨ GDP is the total value of all goods produced in a country during a time period; it’s a measure of the size and health of an economy. ✨ Healthcare spending refers to all money spent on healthcare services and products in a country— i.e- hospitals, doctors, medications, insurance… ✨ Why do we compare the two? When we compare healthcare spending to GDP it helps us understand how much of our economic resources are being used for health related expenses. ✨What does this headline mean? U.S. healthcare spending grew faster than the economy *overall* last year—and is expected to do so through 2032. Think of it like this: if we pour water in a cup too quickly, it will overflow. This is like healthcare costs rising faster than the economy can sustain. ✨What’s driving the increase in cost? 1) Insurance coverage has hit historic highs, 2) Medicare is projected to have the highest spending growth, 3) Hospital spending is soaring… Here are a few additional thoughts I had… 💡 How will the rapid uptake of #AI in healthcare, impact these projections? 💡 I wonder how projected healthcare workforce shortages will impact this? 💡*This* is what we mean when we say everyone should care about #healthequity, because inequities are costing all of us. What do y’all think about future drivers of cost or solutions? Drop me a line in the comments! #healthcareonlinkedin

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Join Teresa Younkin as she explores the exciting new features of ChatGPT 4o and its implications for healthcare. Discover how the latest advancements can transform patient interactions and healthcare strategies. - Overview of the new ChatGPT 4o including its ability to understand context and hold conversations. - Demonstration of ChatGPT 4o’s new features, including generating images and providing healthcare advice. - Discussion on how ChatGPT 4o can address common healthcare questions using AI, and its impact on future healthcare consultations. - Insight into the integration of this technology on multiple platforms, enhancing user experience across devices. - Preview of the next episode focusing on a deeper dive into AI features and upcoming announcements from Gemini related to healthcare. Discover the power of AI for your company and embrace the future of healthcare. Get in touch with me today to learn more about how we can work together in creating the strategy and roadmap for your AI efforts. Reach out and let’s talk! https://lnkd.in/efAdNDzd #HealthcareInnovation #Interoperability #DecisionSupport #HealthTech #DataTransparency #HealthcareData #HealthcareCompliance #HealthcareEvolution #PatientCare #healthtech #DataGovernance

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AI in healthcare was the headline topic at the Consumer Technology Association HealthFuture Summit in Chicago this week along with #digitalhealth solutions to address healthcare workforce gaps. When the workforce is understaffed and caseload is high, errors are a higher risk. According to the estimates of the Society to Improve Diagnosis in Medicine, medical errors impact over 12 million Americans annually, leading to incorrect treatments and billions in associated costs. With #AI, healthcare organizations can bridge staffing gaps and analyze medical data faster and with more accuracy. AI has been able to identify and provide alerts to abnormalities often missed. When trained on high-quality data, powerful machine learning and computer vision algorithms can identify intricate patterns within patient samples, leading to better diagnosis and more insightful comparisons. AI has shown it can process all sorts of medical imagery, from MRIs and X-rays to ultrasounds, to detect subtle details that might elude human observation. #AIinHealthcare #AIinMedicine #artificialintelligence #healthcare #healthcareinnovations https://lnkd.in/g8-N9S84

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Last Friday, alongside Premier COO, Leigh Anderson, I had the privilege to engage with numerous healthcare investors on the transformative potential of AI and ML in our industry. We explored how these cutting-edge technologies are poised to revolutionize healthcare delivery, especially amidst current workforce shortages and labor challenges. At this pivotal moment, AI offers a tremendous opportunity to enhance the quality and efficiency of patient care. By leveraging AI, we can overcome existing barriers and unite the industry's diverse interests to tackle our most pressing challenges. Together, we can deliver sustainable solutions that truly make a difference in patient outcomes.Premier is committed to harnessing the power of technology to create a future where healthcare is more accessible, efficient and patient-centric than ever before. Join us! Learn more about the future of AI and technology in healthcare: https://lnkd.in/ehAmEnrZ

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Mandatory bundles in surgery are a bi-partisan objective, and (in)ability to optimize cost/quality will dramatically impact hospital P&L. Regular insights from granular data , and AI-based decision support are the only way to systemically reduce unwanted variability and be both profitable and high quality.

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ENVISIONING the future of innovation and AI: The Sharp HealthCare ENVISION campaign is expanding -- we are creating the Sharp Advanced Analytics and AI Institute (A3). The health care industry continues to experience rapid transformation, and no change is more imminent than the potential for artificial intelligence (AI). In response, Sharp Ventures is launching the Sharp A3 Institute to further explore how AI can improve care. Through the leadership of Kelly J. Ko, PhD, Rick LeMoine, and Jon McManus, the institute will: • Deploy best-in-class technology at scale to maximize the impact of AI in clinical and administrative settings. • Serve as a regional hub to better understand the impact of AI on health care from the perspectives of patients, providers and the community. • Transform health care delivery through the creation of commercial products and services to serve San Diego and beyond. The institute will invest directly with early-stage companies that align with Sharp’s core strengths, notably in data analytics and digital health, and aims to establish an endowed innovation fund for opportunities focused on balancing the potential of AI and the delivery of health care. Foundation, private and venture philanthropy will play a key role in helping bring the institute to life. The ENVISION campaign will support the growth, development and operation of the institute, the Sharp A3 early-stage investment program, software development, research, and the creation and growth of an endowed innovation fund. https://lnkd.in/ginamxC3 #sharphealthcare #innovation #sharpventures #envision #sandiego #ai

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With the challenges telehealth businesses have experienced, it's easy to mistakenly conclude that virtual care doesn't produce value, or that it's inherently inferior to in person care. In our 14 years of experience delivering virtual care at HealthTap, our experience is the contrary. The choice of telehealth in-person care is a false one for most. The real choice is between care vs no care, or good care vs bad care. The reality is, sometimes telehealth creates ACCESS where there otherwise would be no other good care options. And in some cases (many cases), its counterintuitively even BETTER care than seeing the doctor in person because you have more time, you're less rushed, and the doctor is more focused on you and only you.

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Ok, everyone in #healthcare has seen the South Park clip. So, I wanted to share the Byzantine math of #Medicare #JCode Drug billing in that spirit. Here below is an explanation of benefits (EOB) of a recent denosumab (Prolia) injection under a Medicare supplement. It's from one of the big 3 health plan insurers. Prolia is a drug you can't pick up at the pharmacy - you have to go somewhere to get it injected. First, J code or injectable drugs at your doctor's office are not #PartD drugs, they are billed under #MedicarePartB. I was curious to compare the EOB vs. the CMS Average Sales Price (ASP) Quarterly drug pricing file - so I checked the math below. The math vs. the January ASP file actually checks out - although I do think you need a PharmD to calculate it! (The mandated limits in charging for J code or Part B drugs under Medicare BTW is called "Sequestration.") But I still have questions, like: 1. Why are the rest of us paying potentially 6.5-7 times more for the same drug than #Medicare patients? 2. Is it right that the Medicare patient is paying 100% of the cost of the injection after the negotiated injection rate? 3. Why are the billed rates so much higher than the mandated, open-source published rates within the CMS ASP files? 4. And, could we maybe get the tradename on these EOBs so patients know what the drug is in the first place that they are being billed for? 5. Ditto on the dose. The ASP payment limit is for 1 mg, but the dose of denosumab (Prolia) in this instance was 60 mg. Discuss. #pharmacy

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