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Archives for June 2024

Nucleus RadioPharma Secures Investment from AstraZeneca

by Jasmine Pennic 06/05/2024 Leave a Comment

Nucleus RadioPharma Secures $56M to Expand Radiopharmaceutical Treatments for Cancer Patients

What You Should Know:  - Nucleus RadioPharma, the world's first comprehensive radiopharmaceutical organization, today announced the closing of an extended Series A funding round with the addition of new investor AstraZeneca.  - The strategic investment bolsters Nucleus' mission to make targeted radiotherapies and theranostics more accessible to patients worldwide. AstraZeneca Joins Forces with Leading Radiopharmaceutical Innovator AstraZeneca joins a distinguished group of
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Fullscript Appoints New Chief People Officer, Chief Commercial Officer, General Counsel

by Executives Hires 06/05/2024 Leave a Comment

Fullscript Appoints New Chief People Officer, Chief Commercial Officer, General Counsel

What You Should Know:  - Fullscript, a healthcare platform for whole person care, announced the appointment of three new members to its leadership team: Chief People Officer Dennis Richter, Chief Commercial Officer Christopher Catallo, and General Counsel Steven Eisenberg.  - The growth of Fullscript’s strong senior leadership team signals the company’s trajectory in delivering a comprehensive platform for whole person care at scale. Dennis Richter: Chief People
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How AI Can Increase the Success of Clinical Denials Appeals

by Steve Albert, EVP and Chief Product Officer, R1 06/05/2024 Leave a Comment

How AI Can Increase the Success of Clinical Denials Appeals

It’s a perfect storm of financial pressures facing healthcare provider organizations – from rising costs to labor shortages to constrained capacity – that stymies revenue growth. Growing challenges with payer payments only exacerbate these issues. According to a Kaufman Hall report, 73% of leaders surveyed said claims denials, which was the top revenue cycle issue in 2022, had increased in 2023. The cost of denials is staggering. A recent data analysis revealed that providers spent nearly $20
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TytoCare Updates Home Smart Clinic Platform with New Features

by Syed Hamza Sohail 06/05/2024 Leave a Comment

TytoCare Updates Home Smart Clinic Platform with New Features

What You Should Know: -              TytoCare, a virtual care company enabling accessible, high-quality primary care from home, has released a major software update for its Home Smart Clinic. -              The update includes a number of new features that are designed to make high-quality healthcare more accessible at scale for payers, providers, and
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HealthVerity to Offer AnalyticsIQ Race & Ethnicity Data

by Syed Hamza Sohail 06/05/2024 Leave a Comment

HealthVerity to Offer AnalyticsIQ Race & Ethnicity Data

What You Should Know: -       HealthVerity, the leader in synchronizing transformational technologies and real-world data (RWD) to advance the science, today announced a partnership with AnalyticsIQ, the leading provider of predictive people-based data. -       This partnership enables HealthVerity to provide clients with race and ethnicity insights on healthcare providers as an add-on to their Provider Diversity and Diagnosis
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AvaSure Teams Up with CLEW Medical for AI-Driven Virtual Surveillance

by Syed Hamza Sohail 06/05/2024 Leave a Comment

AvaSure Teams Up with CLEW Medical for AI-Driven Virtual Surveillance

What You Should Know: - AvaSure, a leader in acute virtual care, and CLEW Medical, specializing in AI-driven clinical surveillance and predictive analytics, have partnered to enhance early detection of critical care patient deterioration, leading to quicker interventions, fewer complications, reduced readmissions, and lower mortality rates. - The CLEW intelligent clinical surveillance platform supports complex clinical decision-making by accurately anticipating patient deterioration using
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Ascension Restores EHR Access Florida, Alabama, Austin Markets After Cyberattack

by Fred Pennic 06/04/2024 Leave a Comment

Ascension Investigating Cybersecurity Event Potentially Affecting Clinical Operations

What You Should Know:  - Ascension announced it has restored EHR access in Florida, Alabama, and Austin markets affected by a recent cyberattack.  - Ascension anticipates completing EHR access across its entire network by June 14th. This will allow clinicians to access patient records seamlessly, mirroring the pre-attack workflow. - Ascension Rx retail, home delivery, and specialty pharmacy sites are now fully operational. Healthcare providers can now transmit prescriptions
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Sword Health Secures $130M, Unveils AI Care Specialist “Phoenix”

by Fred Pennic 06/04/2024 Leave a Comment

Sword Health Secures $130M, Unveils AI Care Specialist "Phoenix"

What You Should Know:  - Sword Health, a pioneer in AI-powered healthcare delivery, announced a $130M financing round today bringing Sword's total funding to $340M and propelling the company's valuation to a staggering $3B– a 50% increase since its Series D round. - This funding round, coupled with Sword's near-tripled revenue growth in the past year, unlocks exciting possibilities for the future. The company plans to leverage these resources to revolutionize healthcare delivery and
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Evolent Acquires Machinify’s AI-Driven Medical Authorization Solution

by Fred Pennic 06/04/2024 Leave a Comment

Evolent Acquires Machinify's AI-Driven Medical Authorization Solution

- Evolent Health, Inc. (NYSE: EVH), a leader in improving health outcomes for patients with complex conditions, announced today an agreement to acquire key assets from Machinify, including the exclusive license to their AI-powered platform, Machinify Auth.  - Additionally, certain Machinify employees will join Evolent. Both companies plan to establish a long-term services agreement to ensure smooth integration and ongoing platform development. This innovative technology aims to
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Philips Unveils AI Ultrasound Platform to Improve Cardiac Care

by Fred Pennic 06/04/2024 Leave a Comment

Philips Unveils AI Ultrasound Platform to Improve Cardiac Care

What You Should Know:  - Philips, a leader in health technology, today announced its next-generation AI-powered cardiovascular ultrasound platform.  - The new platform aims to revolutionize cardiac ultrasound analysis by leveraging artificial intelligence (AI) to improve efficiency and accuracy in echocardiography labs. Addressing the Burden of Heart Disease: Heart failure is a global health crisis, affecting an estimated 64 million people worldwide. This condition is
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