September 3, 2024, Issue #273

Editor’s note

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

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Digital Health in the News

GenAI-Driven Health Hubs Can Combat Chronic Disease In Underserved Areas

For decades, policy and public health experts have recognized that social determinants of health—factors like financial stability, job opportunities and housing security—account for 30% to 55% of people’s health outcomes. These “non-medical” factors are significant contributors to health inequities and disparities. Forbes

AI still the most exciting emerging technology for healthcare: survey

AI was the most compelling new technology for the fourth year in a row, with leaders also saying the technology had shown the most improvement, according to the Center for Connected Medicine. Healthcare DIVE

McLaren Health Care restores network weeks after ransomware attack

Still, it may take several weeks to input patient information manually collected during the outage into its electronic health record, the Michigan-based health system said. Healthcare DIVE

Featured Offering for The Month

Healthcare Technology Solutions

Your Partner to Accelerate Digital Transformation & Innovation 

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.

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Insights & Research

38% Of Physicians Indicate Workplace Quality Is Declining, Per New Survey

According to the results of a recent survey by Medscape, nearly 38% of physicians indicated that their workplace quality was declining, while only 16% said it was improving. Forbes

6 blind spots tech leaders must reveal

IT as a standalone function is dead. The rapid ascent of generative AI delivered the death knell. Technology is the business. And 72% of top-performing CEOs say competitive advantage depends on who has the most advanced generative AI. IBM Institute for Business Value

Featured Events

📢 Upcoming Event Alert!

Join us at the Generative AI Workshop 2024 in Dallas on Friday, September 06, 2024. This is an exclusive, invite-only event for Healthcare C-Suite Executives and Healthcare Leaders to explore Generative AI in healthcare.

Venue: Conference Center, 2nd Floor, 2100 Ross Avenue, Suite 1900, Dallas, Tx 75201

👉 Register your interest to participate.

👉 Learn more

👉 Also explore our customized in-person workshops here.

Chart of The Week

Source: Connectedmed 

Damo Thought Leadership and Media Mentions

NEW! 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 cloud technologies and project management expertise to support one of the world’s leading business schools in achieving its Digital Transformation objectives. (BigRio acquired Damo in September 2023) . Case Study

NEW! 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

Six Trends In The Use Of Generative AI In Healthcare

Last week, we conducted the CHIME online focus group, with our esteemed CHIME healthcare provider members, discussing Enterprise AI Adoption and Governance in Healthcare. The focus was on evaluating current AI applications within healthcare systems, discussing AI’s potential to enhance operational efficiency and patient care, and addressing the challenges of data governance and security. Damo Blog

Research Report: Enterprise AI Adoption and Governance in Healthcare Organizations

Our annual survey of the state of Enterprise AI Adoption and Governance in Healthcare Organizations, as part of our CHIME Foundation membership, is out! Download the Report. Damo Research and Insights

Books Corner

Other Stuff We’re Reading

How AI Could Help Reduce Inequities in Health Care

The number of AI tools in health care is growing. They hold the promise to help health systems address many of the causes of inequities in health care. This article reviews some of the new tools and explains how they hold great potential for tackling the seemingly insurmountable challenges in providing better care to underserved populations. HBR

Digital Health Funding and M&A

State of digital health investment, part 8: Google Ventures

Ben Robbins, general partner at GV, wraps up MobiHealthNews' investment series by unveiling the crucial traits digital health companies must possess to secure funding in a highly competitive market. mobihealth news

State AGs greenlight Northwell, Nuvance merger

The two organizations contend that their combined strengths will help to advance the level of care for patients in New York and Connecticut. Healthcare Finance

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