This is Naomi Diaz with the Becker's Digital
Health podcast. Here's your daily industry news briefing
for today, May 7.
First, the FDA has appointed Jeremy Walsh as
its first chief artificial intelligence
officer.
Mister Walsh, who announced the career move in
a May 2 LinkedIn post, will also oversee
information technology in the role.
He joins the FDA after fourteen years at
government contractor Booz Allen Hamilton as chief technologist,
according to a May 6 report from Politico.
In that role, mister Walsh developed cloud infrastructure
and data analytics systems for agencies like the
FDA,
CDC,
NIH,
Department of Veterans Affairs, and Military Health Services.
The appointment follows an April 3 directive from
the Office of Management and Budget that stated
each federal agency must appoint a chief AI
officer within sixty days.
Second,
Pittsburgh based UPMC
Enterprises, the venture capital arm of UPMC,
led an 18,250,000
series b one financing round for Carta Healthcare,
a provider of AI powered clinical data abstraction.
Other participants in the round include MemorialCare Innovation
Fund, Rex Health Ventures, the investment fund of
Chapel Hill, North Carolina based UNC Health, and
Tampa, Florida General Hospital Ventures, according to a
May 7 news release.
The new funding will support Carta Healthcare's continued
customer expansion, according to the company.
Carta Healthcare was founded in 2017.
Third,
Optum has launched a new AI powered revenue
cycle platform aimed at reducing administrative burden for
health systems through better clinical documentation
and coding accuracy.
Optum Integrity One consolidates several RCM functions
single interface,
allowing hospital
employees to remove manual processes across multiple
platforms, according to a May 7 news release.
The platform uses AI to automate revenue cycle
tasks from point of care through final coding,
such as removing clinical documentation,
assigning codes, and capturing services for billing.
This will enable more accurate documentation and billing,
allow providers to receive proper reimbursement,
help patients avoid surprise charges, and enable more
efficient claims processing.
Fully autonomous and partially autonomous coding is available
and allow humans to oversee complex and specialized
cases.
Opto partners with health systems nationwide to manage
administrative services such as RCM and information technology.
The UnitedHealth Company set a recent pilot program
for the new RCM platform with the health
system showed a coding productivity increase of over
20%.
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