Hackensack cuts costs by creating its own AI tool

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How Hackensack Meridian Health Innovated Cost-Saving with Built-in AI Solutions

In a landscape where healthcare expenses are constantly on the rise, Hackensack Meridian Health, based in Edison, N.J., showcased a groundbreaking initiative that turned the industry’s attention toward the future of clinical efficiency. By developing its own AI tool, the organization successfully achieved a remarkable fourfold savings compared to what commercial alternatives offered. Let’s dive into how this innovative project transformed patient care while slashing costs.

A Leap into AI: The Heart of Innovation

Hackensack Meridian Health recognized the pressing need for effective tools that could enhance clinician productivity. Clinicians often grapple with an overwhelming amount of patient information, leading to time constraints and potential lapses in care. As Sameer Sethi, the Senior Vice President and Chief AI and Insights Officer, explained at the HIMSS conference in Las Vegas, “there are many AI tools in the market that assist clinicians in generating clinical notes.” However, the key differentiator lies in the efficiency and customization of the solutions offered.

Introducing the AI-Driven Patient Chart Summarizer

The healthcare provider designed a state-of-the-art AI platform that seamlessly integrates with Electronic Health Records (EHR). By leveraging a large language model, Hackensack’s tool efficiently scans clinical notes and lab data, allowing clinicians across nine distinct specialties to generate patient chart summaries with just a single click.

Transforming Care Through Real-time Insights

The evolution of this AI tool is a testament to the organization’s commitment to continuous improvement. According to Mr. Sethi, the initial version offered a general summary, but they quickly recognized the demand for a more tailored solution. The tool now delivers real-time summarization customized to various specialties, resulting in a noticeable uptick in adoption and usage among providers. This progress underscores a significant advancement in the way healthcare professionals consume patient information, ultimately leading to better patient outcomes.

Building or Buying? A Strategic Decision

When Hackensack Meridian Health deliberated their approach to integrating AI, they prioritized understanding the core problems facing their clinicians. “We focus on the voice of the clinician, and do what it takes to get them what they need,” Mr. Sethi emphasized. Instead of merely seeking an AI solution, the organization aimed to solve specific challenges. The decision to build rather than buy was based on market research that identified their distinctive needs—demonstrating a commitment to clinician-driven solutions.

Solving Problems, Not Just Implementing Technology

Hackensack’s philosophy is clear: the solution is not always AI. Sometimes, the answer lies elsewhere, but when it does involve artificial intelligence, it must serve a specific purpose that translates into real-world improvements in care delivery.

This collaborative approach allows Hackensack Meridian Health to maintain a balance between the latest technological advancements and the everyday realities of patient care, ensuring the solutions developed are practical, effective, and align with the needs of their healthcare professionals.

Conclusion: A Model for the Future of Healthcare

Hackensack Meridian Health’s innovative venture into developing an AI tool that summarizes patient information exemplifies a forward-thinking mindset that other healthcare organizations can learn from. By focusing on clinician needs, leveraging in-house expertise, and prioritizing cost-effectiveness, they not only transformed their operational efficiency but also set a precedent in the healthcare technology sector.

As the healthcare landscape continues to evolve, the success of Hackensack’s AI initiative could inspire further innovations that bridge the gap between technology and patient care. In a world where information is king, the ability to effectively summarize and utilize that information is invaluable—proving that intelligent solutions can lead to significant cost savings and enhanced patient care.

For further insights into healthcare innovation, visit Becker’s Hospital Review.

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