Enhancing Patient Care: A Partnership Between Regard and Cedars-Sinai
In an era where technology meets healthcare, the collaboration between Regard and Cedars-Sinai marks a significant step forward. Following their successful experience in the Cedars-Sinai Accelerator Program, Regard’s AI-powered documentation platform is set to be implemented at two of Cedars-Sinai's hospitals. This partnership aims to streamline documentation processes, ultimately improving patient outcomes and the financial viability of healthcare services.
Regard’s proactive documentation platform specializes in analyzing electronic health records (EHR) to uncover actionable insights. This innovative tool equips clinicians with the essential clinical intelligence needed to elevate care quality. By swiftly synthesizing patient data from medical records, the platform generates preliminary clinical notes before physicians interact with their patients, promoting timely and precise diagnoses that lead to more effective treatments.
Since its inception, Regard has achieved substantial milestones, deploying its solutions in over 150 hospitals across 15 states. They have facilitated the identification of more than eight million diagnoses, which healthcare professionals have endorsed, significantly enhancing patient care. The technology is designed to meticulously analyze every detail within electronic medical records (EMR), presenting recommended diagnoses supported by solid evidence. This approach ensures that no vital information is overlooked, helping to improve the capture of comorbid conditions and ensuring hospitals receive the financial reimbursement they deserve.
The collaborative effort began back in 2017, when Regard was accepted into the Cedars-Sinai Accelerator—a program designed for emerging health-tech enterprises. Following this initiative, Cedars-Sinai Health Ventures invested in Regard's Series B funding, further solidifying their support. The hospital network licensed the Regard documentation platform to help reduce the administrative workload for doctors, nurses, and other health professionals, enabling them to focus more on patient care.
Dr. Shaun Miller, the Chief Health Informatics Officer at Cedars-Sinai, emphasizes the importance of integrating Regard's technology into their workflow: "From our initial involvement with Regard, we recognized the potential it holds for enhancing diagnostic accuracy for our physicians and ultimately for patient care. This partnership not only promotes higher care quality but also aims to alleviate clinician burnout and support proper reimbursement from hospitals."
Despite their dedication to patient well-being, healthcare practitioners often find themselves inundated with patient data and excessive documentation, which detracts from their primary role. The transition from reviewing a patient’s chart to making a diagnosis can become burdensome, leading professionals to spend valuable time sifting through data instead of attending to their patients. This challenge extends to revenue cycle specialists, who know that missing or incorrect documentation could lead to delays and decreased quality of care, potentially costing millions.
Maureen Burgess from Cedars-Sinai Health Ventures believes in the transformative power of this technology. She asserts, "As an investor in Regard and a proponent of innovation, Cedars-Sinai is dedicated to improving health outcomes and the overall medical experience. Regard's platform promises to enhance patient interactions and ensure better compliance with coding for billing purposes."
This partnership signifies a pivotal moment for Regard, showcasing the demand for AI innovations that deliver tangible improvements in patient safety and care, while also ensuring financial health for medical institutions. With this collaboration, both Cedars-Sinai and Regard are paving the way towards a more efficient healthcare system that prioritizes direct patient engagement and quality treatment.
To explore the advanced functionalities of the Regard platform, visit
regard.com.
About Regard
As a frontrunner in AI-driven documentation solutions, Regard strives to harness patient data to its maximum potential. By augmenting clinical workflows and translating data into meaningful insights, they contribute significantly to improving healthcare delivery, saving clinicians precious time, and bolstering hospital finances. Regard stands as a pioneer in leveraging AI within the health sector, striving to empower clinicians in delivering exceptional care to all.
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