Avicenna Medical Blog

Care Management Weekly News Update 2/7/24

Posted by DeAnn Dennis on Wed, Feb 07, 2024 @ 11:45 AM

Spending on home healthcare surged in November, experiencing a 12.9% year-over-year increase, closely trailed by prescription drug spending, which soared 12.2%, according to a Jan. 31 report from nonprofit Altarum. Altarum released its latest "Health Sector Economic Indicators" report that sheds light on critical aspects of the nation's health sector. The report offers an analysis of data on health sector spending, prices, employment and utilization.

Can artificial intelligence improve doctor-patient visits and reduce burnout? 

Physicians are testing tools that listen to conversations and create written notes, freeing them to focus on patients and easing documentation burdens. The technology is evolving to address limitations. Eric Poon, MD, MPH, admits that during appointments with his patients he’s “a bit of a chatterbox.” As a result, he says, “I always run late.” Over the past several months, however, Poon has been finishing his clinical schedule on time “for the first time in my life,” and the quality of his conversations with patients has improved. The main reason, he says, is an artificial intelligence (AI) tool that records the conversations and produces written notes.

A new hybrid provider focused on low-income patients with complex needs has launched in Detroit. Accompany Health, a primary, behavioral and social care provider, launches with $56 million in series A funding from investors including Venrock, Arch Venture Partners, IVP, Granite Capital Management and Evidenced. The company is currently serving 8,000 patients in Detroit in partnership with a major national payer. The partner was not disclosed. 

The Substance Abuse and Mental Health Services Administration (SAMHSA) and the Office of the National Coordinator for Health Information Technology (ONC) will collaborate to invest over $20 million of SAMHSA funds over the coming three years to improve health IT in behavioral healthcare. The Behavioral Health Information Technology (BHIT) Initiative will help mental health and substance use treatment providers to measure and report on provided care.  


Tags: Weekly Industry News