Saturday, April 20, 2024

Key Developments in Healthcare Technology by Epic and Elevance Health

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Significant advancements are being made in the healthcare technology sector by Epic and Elevance Health, formerly known as Anthem. Epic, a major player in healthcare technology, is developing a decision support tool for clinicians that uses its clinical research database. This database contains data on 226 million patients and the tool aims to provide treatment recommendations based on similar patient profiles.

On the other hand, Elevance Health is using its clinical data platform, Health OS, along with artificial intelligence (AI), to assist providers in closing care gaps and reducing paperwork. The goal of this initiative is to integrate data on patients’ physical, mental, and social health into a comprehensive patient record within electronic health record (EHR) systems, as explained by CEO Gail Boudreaux.

Partnership to Enhance Healthcare Data Integration and AI Implementation

Both organizations aim to break down data silos and integrate diverse patient data, which is crucial for providers in value-based payment arrangements. This allows them to target urgent needs with near-real-time information and make appropriate referrals or interventions.

Two years ago, Elevance Health and Epic formed a partnership to facilitate direct and bilateral data exchange. This collaboration uses Epic’s Payer Platform to efficiently share clinical data and information. Both organizations are utilizing AI to enhance healthcare delivery. Elevance Health uses AI for predictive insights and to address care gaps, while Epic integrates AI into its EHR platform for tasks like medical note summarization and provides real-world evidence for patient care.

Healthcare Technology

Innovations in AI and Data Integration for Personalized Healthcare Technology

Epic is also developing new point-of-care tools, such as the “Best Care Choices for My Patient,” which will be available to Epic users in fall 2024. This tool will allow clinicians to access treatment recommendations based on similar patient profiles. Another tool, “Look-alikes,” helps physicians identify rare diseases by finding patients with similar symptoms. Epic is also partnering with Qualtrics to integrate patient experience data with health information in Epic, aiming to provide a more personalized healthcare experience.

Epic and Elevance Health have a focus on revolutionizing healthcare delivery through the integration of AI and vast data resources. Their primary focus is on personalization, efficiency, and improved patient outcomes.

Overall, Epic and Elevance Health are leading the way in utilizing AI and vast data resources to transform healthcare delivery. They are focused on enhancing personalization and efficiency, and ultimately improving patient outcomes.

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