February 05, 2024, Issue #244

Editor’s note

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

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Enterprise AI Adoption and Governance in Healthcare Organizations 2024 (3 min)

How is your healthcare organization harnessing the power of AI? Our latest survey explores the implementation of AI-based solutions, governance structures, and the adoption of Generative AI. Be part of the conversation and drive innovation in healthcare!

Digital Health in the News

Community Health Systems’ Google Cloud platform migration opens the door to generative AI

Community Health Systems has migrated its data systems onto a single Google Cloud data platform that is paving the way for generative AI to help manage complex data and automate administrative tasks. FIERCE Healthcare

AI improves medication management and aids caregivers at Emory Healthcare

Automation is helping staff save time and reducing the potential for keyboard errors, its CIDO says. Artificial intelligence is also enhancing medication history data for 81% of all available home medications so patient records contain fewer gaps. Healthcare IT News

How Are Healthcare AI Developers Responding to WHO’s New Guidance on LLMs?

This month, the World Health Organization released new guidelines on the ethics and governance of LLMs in healthcare. Reactions from the leaders of healthcare AI companies have been mainly positive. However, one leader pointed out that fear or the risks associated with LLMs shouldn’t hinder innovation, and another noted that the guidance may have failed to mention a major topic. MedCity News

Data Augmentation May Improve LLM Generalization on Clinical Notes

Using large language models in a healthcare domain-informed manner could address dataset shifts and enhance generalizability in AI-driven medical note analysis. Health IT Analytics

This Week in The Big Unlock Podcast

Self-Assessment of Your Digital Transformation Efforts Is Important

In this episode, Vineela Yannamreddy, CIO of United Medical Center (UMC), a Not-for Profit Hospital Corporation (NFPHC), shares the thought process behind the successful implementation of over 200 applications at UMC over a span of six years, transforming the EHR, and bridging the legacy systems with contemporary solutions to make them functional. Listen now.

Extract 1: In this extract, Vineela Yanamreddy, CIO of United Medical Center, shares the thought process behind the digital transformation changes at UMC.

Extract 2: In this extract, Vineela Yanamreddy discusses the digital transformation efforts at UMC and importance of self-assessment.

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Insights & Research

Healthcare execs must consider workforce, consumer concerns about generative AI: survey

Leaders were most likely to rate data quality, availability and reliability as their greatest concerns. Deloitte researchers urge a broader focus. Healthcare DIVE

Featured Event

This week, Rohit Mahajan, Corey Thompson, and Christina Lepri will be at DFW HIMSS Annual C-Suite Roundtable in Dallas. If you see our team, make sure to say hello! Or feel free to reach out to schedule a meeting.

Chart of the Week

Source: Deloitte

Damo Thought Leadership and Media Mentions

NEW! New Study Shows LLM Tool GPT-3.5 and 4 Do Very Well in Clinical Reasoning

A new study confirms that GPT-3.5 and 4 excel in clinical reasoning and furthers the case for the use of LLMs in healthcare. LinkedIn Pulse

EDTalks | E031 | DAMO Update | Gen AI Workshops

In this episode of EDTalks, Ed Marx and Ritu M. Uberoy talk about how BigRio has taken DAMO to next level and this update is one great example. YouTube

White paper: Assessing Digital Maturity: The DigiM^TM Digital Maturity Model for Health Systems

DigiM^TM model is a framework that describes the different stages of digital maturity in the specific context of health systems. The framework is supported by an automated online evaluation tool that scores the digital programs of individual health systems and provides benchmarks to drive incremental investments and roadmap execution priorities.

White paper: Selecting Technology Partners to Execute Digital Strategy

DigiM^TM model is a framework that describes the different stages of digital maturity in the specific context of health systems. The framework is supported by an automated online evaluation tool that scores the digital programs of individual health systems and provides benchmarks to drive incremental investments and roadmap execution priorities.

Quantum Care: A Deep Dive into AI for Health Delivery and Research

This book, by Rohit Mahajan, explores the current and future implementation of AI in healthcare and medicine. The impact of AI in drug discovery with examples including how AI helped bring the COVID-19 vaccines to market. Answers to ethical and privacy concerns about healthcare AI, and best practice guides for practitioners and administrators. Book

Healthcare Digital Transformation – How Consumerism, Technology, And Pandemic Are Accelerating the Future

The book by Paddy Padmanabhan provides actionable insights on developing enterprise digital roadmaps and implementing digital health solutions at every touchpoint in a consumer’s journey. Book

Other Stuff We’re Reading

The New Role of Private Investment in Health Care Delivery

Disruptive innovation as a business philosophy has brought benefits to many parts of the economy. But in health care delivery, evidence increasingly suggests that not all disruption creates value for patients. A central issue for policy is how to encourage truly value-adding innovation for patients and payers without hurting patients or bankrupting society. JAMA Health

Digital Health Funding and M&A

Tenet to sell 4 California hospitals to UCI Health for $975M

It’s Tenet’s latest hospital sale as the operator looks to pare down its debt. Healthcare DIVE

Tenet Healthcare, Novant Health close $2.4B deal

Tenet Healthcare closed a $2.4 billion deal to sell Novant Health three hospitals, 27 physician clinics, an outpatient center and a free-standing emergency department in South Carolina. Modern Healthcare

Note: Some of the articles linked in this newsletter may be behind paywalls that need a subscription.

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