How one health system boosted revenue with ambient listening

The latest stories trending on MedCity News.

Editor's Pick

Top Story How One Health System Drove Revenue Gains with Ambient Listening Riverside Health is reporting an increase in revenue and net margins as a result of adopting Abridge's ambient AI technology. The tool listens to doctor-patient interactions and generates clinical notes — which not only alleviates physicians' burnout, but also improves their documentation accuracy. The Virginia-based health system saw a 14% increase in HCC diagnoses documented per encounter. Sponsored Get a Snapshot of the Early Stage Life Science Startup Landscape Presented by Mercury In this webinar, the panel will explore how early-stage medtech and biopharma investors are looking at the market and how they're advising startups in the wake of cuts to NIH and SBIR grants. Sign up to watch now! Only 2 Weeks Away! With just two weeks left until INVEST 2025 Chicago, now is the time to join healthcare's brightest minds for two days of insight, innovation, and opportunity. INVEST 2025, "Where Capital Meets Innovation," takes place May 20-21 at Willis Tower and brings together investors, startups, and industry leaders to tackle healthcare's biggest challenges. Register Now

Featured News

Reducing Care Gaps Through Payer Insights [Sponsored] Megan Zakrewsky, Vice President of Product, talked about how Veradigm is working with primary care providers to provide timely patient information without adding to their administrative burden. How Can Health Vendors Build Trust with Employers? According to a recent panel of employer leaders, it is important for health vendors to be honest with employers and share their incentives. First Principles Thinking for Healthcare IT: AI Integration and Life Sciences The right AI model applied to the right problem exponentially enhances our ability to match patients with potentially life saving treatments faster and more effectively. The only "trick" required for truly successful AI integration — in life sciences or any other facet of the healthcare industry —  is clarity of purpose. Beyond Screening: Addressing Social Challenges After the Questions Are Asked SDOH screenings are a critical tool, but they are only the first step. By measuring without offering solutions, we're perpetuating reactivity and creating a system of injustice.

Video   Adding Up the Costs of Medicare Advantage Proponents of Medicare Advantage say that these plans are cost effective and help seniors pay less. However, the Medicare Payment Advisory Commission (MedPAC) — which advises Congress on Medicare policies — recently released a report showing that in 2025, CMS will have spent $84 million more on Medicare Advantage enrollees than if those same individuals were enrolled in traditional Medicare. Still, many seniors say that Medicare Advantage plans suit them better because of low premiums and out-of-pocket costs. So how does this all add up? The government is paying more for Medicare Advantage enrollees, yet these same enrollees are paying less — who makes up the difference?

Sponsored The 4 Best Places to Buy Affordable Spectrometers for Lab Use Presented by OceanOptics Equip your laboratory with cost-effective instruments. Explore the top four companies for affordable spectrometers. Learn More

Resources

MedCity FemFwd: Improving the Collection of Maternal Health Data In this episode, we're joined by Maggie McCullough, CEO of PolicyMap. She discusses what's wrong with the way maternal health data is collected at the federal level and ways it can be improved. Listen now

MedCity News • PO Box 901 • New York, NY unsubscribe