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November 04, 2024, Issue #283

Editor’s note

This weekly newsletter is brought to you by the BigRio and Damo research and insights team.

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Digital Health in the News

AI talk shifts from hype to 'rational exuberance,' healthcare execs say at HLTH 2024

In previous years, the conversations about AI at the trendy healthcare conference were mostly theoretical; the 2024 conference showcased AI solutions that have been deployed to clinicians and patients. Fierce Healthcare

‘You Almost Have to Be Doing It’: Why Scott Gottlieb Thinks All Doctors Will Use LLMs Soon

Large language models will soon become a much bigger part of doctors’ clinical workflows, former FDA Commissioner Scott Gottlieb said Tuesday at the 3rd Annual Summit on the Future of Rural Health Care. MedCity News

Oracle Health to release next-generation EHR in 2025

The next-generation Oracle Health EHR, which incorporates AI across 'the entire clinical workflow,' will be available to early adopters in the calendar year 2025. TechTarget

AMA panel changes major reporting requirement for remote monitoring, removing barriers for the industry

The American Medical Association’s (AMA's) CPT Editorial Panel has removed the requirement for a patient to transmit 16 days’ worth of data for providers to bill remote physiologic monitoring codes, effective January 2026. Fierce Healthcare (original document)

This Week in The Big Unlock Podcast

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We Want to Position AI to Help Us Work Smarter and Care Better for Patients

In this episode, Shakeeb Akhter, Senior Vice President and Chief Digital and Information Officer (CDIO) at the Children’s Hospital of Philadelphia (CHOP), discusses his healthcare journey focused on digital transformation, infrastructure, applications, cybersecurity, AI, and data analytics. 

 👉Listen now  

 👉The Big Unlock Podcast Archives 

Featured Offering for The Month

Healthcare Technology Solutions

Your Partner to Accelerate Digital Transformation & Innovation 

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Digital revolution has brought with it unparalleled opportunities to enhance patient care, optimize operational workflows, and drive efficiency. BigRio works with companies across the healthcare industry to implement digital initiatives, from EHRs that streamline data management to telehealth platforms that bridge geographical gaps, enabling the innovative solutions that drive digital transformation strategy.

 

👉Learn More

👉Book an Introductory Call

Insights & Research

Remote monitoring for hypertension has little value without medication management: PHTI

The report lauds remote monitoring solutions that include medication management while it raises question about other digital approaches to hypertension management. Fierce Healthcare

Featured Events 

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📢 Upcoming Event Alert!

Discover how Generative AI (GenAI) is transforming the healthcare landscape in this exciting and informative webinar. Join industry leaders and AI experts as they explore the latest and most impactful use cases of GenAI in healthcare. From drug discovery to patient care, GenAI is revolutionizing the way healthcare providers, researchers, and companies operate—enabling faster innovation, improved patient outcomes, and reduced operational costs. 

👉 Register your interest to participate.

👉 Learn more 

👉 Also explore our customized in-person workshops here.

Damo Thought Leadership and Media Mentions

Healthcare Data and Analytics: Unlocking the Future of Pediatric Care

According to Jawad, 80-90% of analytics is generated using only 20% of available data. A significant amount of unstructured and imaging data remains untapped, creating challenges for healthcare organizations to adopt more multi-modal approaches to fully leverage their data for better patient care and operational efficiency. Damo Blog

From Assessment to Action: How BigRio’s Cloud Consulting Services Transformed a Top Global Business School

This case study showcases BigRio’s ability to leverage its expertise in cloud technologies and project management to support one of the world’s leading business schools in achieving its Digital Transformation objectives. The business school could reduce its cloud expenditures without compromising performance or scalability by optimizing resource allocation and eliminating underutilized services. The project provided a well-defined cloud strategy and a comprehensive two-to-five-year roadmap for future growth. BigRio Case Study

Assessing Digital Maturity: The DigiMTM Digital Maturity Model for Health Systems

The DigiMTM Digital Maturity Model is now a 5-stage model, with Model 5 being the highest level of maturity. Health systems in Model 5 of Damo’s DigiMTM model aim to build state-of-the-art facilities by designing digital solutions and patient experiences built with artificial intelligence or generative AI. White Paper

How Damo Helped An Integrated Not-For-Profit Healthcare Delivery System Develop Four Enterprise Patient Journey Maps In Three Months

A large not-for-profit integrated healthcare delivery system on the East Coast focuses on innovation and creating exemplary healthcare experiences. Damo has been a long-time advisory partner and understands the health system’s strategic vision well. Damo Consultants knew the health system’s in-flight work towards improving their patient experience. As such, the health system engaged Damo in identifying the first set of journey maps that should be developed at an enterprise level and then prioritized and developed the first four maps. Case Study

Books Corner

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Other Stuff We’re Reading

Can Ambient AI Deliver On Its Promise In Healthcare?

Healthcare CIOs are still asking how to measure their effectiveness with a hard ROI and how these different point solutions stand out from the crowded ecosystem of similar tools on the market. Forbes

Digital Health Funding and M&A

Seaport Therapeutics Secures $225M for New Kind of Depression Drug

Seaport Therapeutics’ Series B financing was one of the largest rounds of funding in our recap of biotech financing news, which spans startups developing drugs for neurological diseases, cancer, immunology, and more. MedCity News

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