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This is Naomi Diaz with the Becker's Digital

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Health Podcast.

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Here's your daily industry news briefing for today,

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September 30th.

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1st,

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less than half of hospitals and health systems

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have a formal process to measure return on

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investment

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for digital health platforms

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while only a quarter trust ROI claims made

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by vendors

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according to marketing intelligence firm, Panda Health.

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Here are health systems 10 most important ROI

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measures for digital health technologies

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per the survey of of 75 hospital leaders

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released September 30th.

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1st is improved patient outcomes.

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2nd is improve patient experience.

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3rd is improve quality measures. 4 is increased

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revenue.

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5 is improved operational metrics.

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6 is reduced patient harms.

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7 is improved workforce satisfaction.

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8 is reduced clinical cost.

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9 is reduced administrative cost, and 10 is

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clinical time savings.

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2nd,

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while Judy Faulkner has no plans to retire

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from Epic, she has made arrangements for the

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company to stay private and employee owned after

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she's gone, Forbes reported September 30th.

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Miss Faulkner has run Epic since founding it

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in a Wisconsin basement apartment in the late

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19 seventies.

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It has since grown into the market leader

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for hospital EHRs with $4,900,000,000

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in annual revenue, all without ever taking venture

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to capital money or acquiring another company.

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Miss Faulkner, still the CEO at 81 years

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old, intends for things to stay that way.

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According to Forbes, miss Faulkner has all of

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EPIC's voting shares, which after she dies, will

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transfer to a trust governed by 4 family

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members,

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her husband and 3 children

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and 5 longtime senior manager employees at the

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company.

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The trust rules forbid initial public offering, sale,

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or acquisition,

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and set forth that the next CEO must

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be a long term Epic employee

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and a software developer,

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miss Faulkner told the news outlet.

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Meanwhile, an independent oversight board made up of

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3 of the company's longtime health care clients

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will sue anyone who doesn't vote according to

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the rules.

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Miss Faulkner has also begun selling her nonvoting

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shares back to Epic to fund her family

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foundation

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with those being offered to employees

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according to the story.

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She told Forbes, quote, eventually, it's going to

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be pretty much all owned by employees

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and my family, end quote.

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3rd,

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while consumers are hesitant to utilize generative AI

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for their own health research,

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they have a strong trust in their physicians

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to effectively leverage these these tools in delivering

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care, a September 26 survey from Deloitte found.

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In March, Deloitte Center For Health Solutions conducted

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a survey of 2,000

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US consumers to assess their view on AI

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and health care. Here are 4 things to

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know from the survey.

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First is 31% of respondents

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expressed

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trust in the information offered by generative AI

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enabled health and wellness tools, marking a rise

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from 23%

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in 2023.

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2nd is that the skepticism of AI enabled

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health and wellness tools come largely from millennials

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and baby boomers.

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3rd is 74%

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of respondents regard their physicians as the most

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reliable source of information on their health care

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treatment options.

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Number 4 is of the respondents who are

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not currently using generative AI,

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64%

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support their health care providers adopting it for

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care delivery.

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A majority are comfortable with physicians using the

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technology to share information on new treatments at

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71%

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and interpret diagnostic

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results at 65%,

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and even make diagnosis for conditions and illnesses

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at 53%.

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If you would like the latest health IT

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and digital health news delivered to your inbox

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every morning, subscribe to the Becker CIO and

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health IT review enewsletter through our website at

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ww.beccarshospitalreview.com.