1 00:00:00,160 --> 00:00:02,639 This is Naomi Diaz with the Becker's Digital 2 00:00:02,639 --> 00:00:03,459 Health Podcast. 3 00:00:04,080 --> 00:00:06,819 Here's your daily industry news briefing for today, 4 00:00:06,879 --> 00:00:07,940 September 9th. 5 00:00:08,639 --> 00:00:09,139 First, 6 00:00:09,599 --> 00:00:12,320 IT unemployment hit a new high in August 7 00:00:12,320 --> 00:00:13,059 as organizations 8 00:00:13,439 --> 00:00:15,945 shift their focus to artificial intelligence. 9 00:00:16,484 --> 00:00:19,545 IT consulting firm, Jenko Associates, reported 10 00:00:20,564 --> 00:00:23,364 6% of IT professionals were out of work 11 00:00:23,364 --> 00:00:24,024 in August, 12 00:00:24,404 --> 00:00:25,544 up from 5.6% 13 00:00:26,739 --> 00:00:27,719 the month before, 14 00:00:28,100 --> 00:00:30,920 according to the September 6th report that analyzed 15 00:00:31,140 --> 00:00:32,759 US Labor Department data. 16 00:00:33,380 --> 00:00:36,259 That's even as the overall US unemployment rate 17 00:00:36,259 --> 00:00:37,479 dips to 4.2% 18 00:00:38,100 --> 00:00:38,840 in August. 19 00:00:39,604 --> 00:00:42,645 The IT jobless rate has surpassed the national 20 00:00:42,645 --> 00:00:45,864 benchmark for 7 of the past 8 months. 21 00:00:46,645 --> 00:00:49,125 IT employment hasn't been this bad since the 22 00:00:49,125 --> 00:00:51,784 dotcom bubble burst in the early 2000, 23 00:00:52,299 --> 00:00:54,059 but it is now being driven by a 24 00:00:54,059 --> 00:00:56,239 pivot from traditional IT positions 25 00:00:56,539 --> 00:00:58,079 to AI and cybersecurity, 26 00:00:58,780 --> 00:01:01,979 Jenko Associates CEO Victor Gentiles wrote in the 27 00:01:01,979 --> 00:01:02,479 post. 28 00:01:03,259 --> 00:01:06,060 Highland Software CIO Steve Watts told The Wall 29 00:01:06,060 --> 00:01:09,004 Street Journal for a September 7th story, quote, 30 00:01:09,224 --> 00:01:11,144 the roles that are most in demand right 31 00:01:11,144 --> 00:01:14,025 now are roles where candidates have expertise in 32 00:01:14,025 --> 00:01:17,084 security, AI, and the cloud, end quote. 33 00:01:18,185 --> 00:01:18,685 2nd, 34 00:01:19,510 --> 00:01:22,969 Northwell Health estimates that its Epic EHR implementation 35 00:01:23,349 --> 00:01:25,209 will cost the health system $1,200,000,000. 36 00:01:27,349 --> 00:01:28,250 Joe Mascalla, 37 00:01:28,629 --> 00:01:32,409 executive vice president of enterprise services, told Becker's 38 00:01:32,469 --> 00:01:34,325 quote, the cost of inflation, 39 00:01:34,704 --> 00:01:37,424 the cost of goods, and the technology costs 40 00:01:37,424 --> 00:01:40,064 are only going up. On average, we spend 41 00:01:40,064 --> 00:01:40,885 about $300,000,000 42 00:01:41,745 --> 00:01:43,844 a year in capital and just IT. 43 00:01:44,225 --> 00:01:46,784 We're also going through an implementation of Epic, 44 00:01:46,784 --> 00:01:48,840 and that's going to cost us $1,200,000,000, 45 00:01:50,180 --> 00:01:50,920 end quote. 46 00:01:51,700 --> 00:01:53,780 Northwell announced in March that it would switch 47 00:01:53,780 --> 00:01:56,340 from an Allscripts EHR system to an Epic 48 00:01:56,340 --> 00:01:58,020 one with the first go live of the 49 00:01:58,020 --> 00:02:00,120 new system slated for 2025. 50 00:02:01,325 --> 00:02:03,965 Mister Mascola said that the reason Northwell decided 51 00:02:03,965 --> 00:02:06,045 on Epic was because the health system needed 52 00:02:06,045 --> 00:02:07,664 a robust seamless solution. 53 00:02:08,444 --> 00:02:10,784 He said, quote, we didn't want a patchwork 54 00:02:10,844 --> 00:02:11,344 solution. 55 00:02:11,724 --> 00:02:13,659 We wanted something that would not only be 56 00:02:13,659 --> 00:02:16,540 advantage to our patients, but advantage to our 57 00:02:16,540 --> 00:02:18,000 clinicians, end quote. 58 00:02:18,860 --> 00:02:19,599 In January, 59 00:02:20,139 --> 00:02:23,580 regional chief medical information officer for Northwell posted 60 00:02:23,580 --> 00:02:25,419 on LinkedIn that the health system was more 61 00:02:25,419 --> 00:02:27,655 than halfway through its build phase with the 62 00:02:27,655 --> 00:02:29,115 new EHR system. 63 00:02:29,974 --> 00:02:33,194 Northwell operates 21 hospitals and more than 900 64 00:02:33,335 --> 00:02:35,754 outpatient facilities according to its website. 65 00:02:36,135 --> 00:02:38,294 The health system will be implementing the system 66 00:02:38,294 --> 00:02:41,194 across the entire continuum of care by region, 67 00:02:41,409 --> 00:02:41,909 encompassing 68 00:02:42,210 --> 00:02:42,710 hospitals, 69 00:02:43,090 --> 00:02:46,610 ambulatory services, home care, hospice, and long term 70 00:02:46,610 --> 00:02:47,110 care. 71 00:02:48,289 --> 00:02:48,789 3rd, 72 00:02:49,409 --> 00:02:52,150 Mayo Clinic has partnered with clinical AI company 73 00:02:52,210 --> 00:02:55,555 Exer AI to enhance the diagnosis and treatment 74 00:02:55,694 --> 00:02:58,194 of acute and chronic hand and wrist disorders. 75 00:02:58,894 --> 00:03:00,034 As part of the collaboration, 76 00:03:00,655 --> 00:03:03,534 Mayo will integrate Exer's advanced computer vision and 77 00:03:03,534 --> 00:03:05,935 AI platform to support management of a wide 78 00:03:05,935 --> 00:03:06,995 range of these conditions, 79 00:03:07,375 --> 00:03:09,555 according to a September 6th news release. 80 00:03:10,069 --> 00:03:12,550 The technology is designed to assist Mayo clinicians 81 00:03:12,550 --> 00:03:15,030 in diagnosing and treating dozens of disorders with 82 00:03:15,030 --> 00:03:17,830 the goal of streamlining care and improving patient 83 00:03:17,830 --> 00:03:18,330 outcomes. 84 00:03:19,030 --> 00:03:20,629 If you would like the latest health IT 85 00:03:20,629 --> 00:03:22,710 and digital health industry news delivered to your 86 00:03:22,710 --> 00:03:25,564 inbox every morning, Subscribe to the Becker CIO 87 00:03:25,564 --> 00:03:27,965 and health IT review enewsletter through our website 88 00:03:27,965 --> 00:03:28,705 at ww.beccarshospitalreview.com.