- This is Naomi Diaz
with the Becker's Digital Health Podcast.
Here's your daily industry news briefing
for today, April 29th.
First, answering patient inquiries is a predominant
application of large language model technology within
the healthcare industry.
An April 23rd survey from AI Healthcare Company,
John Snow Labs, found the company conducted the 2024 Gen AI
and Healthcare Survey with 304 participants.
The survey conducted from February 12th
through March 15th had 196 respondents employed
by organizations actively involved in assessing, using,
or implementing gen AI technologies.
The survey revealed that the primary use
of gen AI technology in the healthcare industry was
addressing patient inquiries accounting
for 21% of instances.
Medical chat box constituted 20%
of applications while information extraction
and data abstraction compromised 19%.
Second, the Federal trade commission's recent non-compete
could affect the nation's largest EHR vendor.
Wisconsin Public Radio reported
former Epic employees told the news outlet
and wrote to the FTC
that the company's non-compete clauses have prevented them
from advancing their careers in healthcare and technology.
But the commission's April 23rd decision could do
away with those agreements.
At the EHR Giant, an Epic spokesperson told Becker's,
the company is reviewing the FTCs ban,
which is being challenged in court to determine its impact.
The vendor said its non-compete agreement applied
to a few dozen health tech companies.
In 2021 Epic's non-compete list included about 4,500
competitors and customers, including nine health systems.
The clause of health prevented health systems from vying
for four x epic staffers.
IT leaders have told Becker's.
It's definitely about people retention
and maybe people investment from an education standpoint
more than it is about, I think,
guarding any specific intellectual secret in our
intellectual property.
A former Epic employee told WPR third
Advocate Aurora Health now a part of Advocate Health plans
to sell a remote patient monitoring.
Company Aid acquired for 290.7 million
in 2022.
The health system strategic investment arm Advocate,
Aurora Enterprises brought mobile help,
which provides medical alert
and fall detection technology planning to pair it
with an in-Home senior company, senior Helpers.
It purchased a year earlier for 187 million.
But Advocate Health,
the health system headquartered in Downers Grove, Illinois
and Milwaukee stated that it has since become part
of the larger Advocate health base in Charlotte,
North Carolina, and it intends to close a sale
of mobile help later this year.
Advocate already sold senior helpers
to a private equity firm in March.
The company's no longer fit the strategic
priorities of Advocate Health.
The report stated the health system has already accounted
for $150 million asset impairment write down related to it,
the expected loss on the sale of mobile
- Health.
According to the report, we remain committed
to investing in innovative health related companies
to advance healthcare transformation
and redefine patient care.
A health system spokesperson told Becker's.
We're focused on building relationships
and pur pursuing strategic investments that enable us
to remain nimble while strengthening our ability
to provide the safest and highest quality of care.
The spokesperson continued.
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