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Archives for April 2025

GeneDx Acquires Fabric Genomics for $33M, Expanding Access to AI-Powered Genomic Interpretation

by Fred Pennic 04/16/2025 Leave a Comment

GeneDx Acquires Fabric Genomics for $33M, Expanding Access to AI-Powered Genomic Interpretation

What You Should Know:  - GeneDx, a company focused on improving health outcomes through genomic insights, has announced its plans to acquire Fabric Genomics, a pioneer in AI-powered genomic interpretation.  - The acquisition aims to position GeneDx at the forefront of the next phase of genomic medicine, characterized by decentralized testing with centralized intelligence.  Following the closing of the acquisition, Fabric Genomics will initially operate independently while
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Assort Health Raises $26M for Specialty-Specific GenAI Platform for Managing Patient Phone Calls

by Fred Pennic 04/16/2025 Leave a Comment

Assort Health Raises $26M for Specialty-Specific GenAI Platform for Managing Patient Phone Calls

What You Should Know:  - Assort Health, a company specializing in AI solutions for managing patient phone calls in healthcare, has announced a new round of institutional financing co-led by First Round Capital and Chemistry, with continued support from existing investor Quiet Capital, bringing the company's total funding to $26M. - The funding will be used to accelerate Assort Health's mission of improving access to care by addressing the issues of long hold times and scheduling
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How Rural Providers Can Leverage Code Updates and APCM to Boost Health Equity and Sustainability

by Lucienne Marie Ide, M.D., PH.D., Founder and Chief Executive Officer of RimidI 04/16/2025 Leave a Comment

How Rural Providers Can Leverage Code Updates and APCM to Boost Health Equity and Sustainability

The care management code updates in the 2025 Final Physician Fee Schedule from Centers for Medicare & Medicaid Services (CMS) could have far-reaching implications for Federally Qualified Health Centers (FQHCs) and Rural Health Clinics (RHCs). Organizations serving underserved areas are expected to benefit from the changes, which introduce enhanced reimbursement structures that will enable them to elevate patient services and accelerate their transition to value-based care models. Among the
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Eko Health Launches AI-Powered Stethoscope in the UK

by Syed Hamza Sohail 04/16/2025 Leave a Comment

Eko Health Launches AI-Powered Stethoscope in the UK

What You Should Know: - Eko Health, Eko Health, a global leader in AI-enabled cardiopulmonary care, today announced its launch in the United Kingdom—one of the world’s largest healthcare markets. UK clinicians can now purchase Eko’s CORE 500™ Digital Stethoscope, Eko+ Membership, and accessories through EkoHealth.com and Amazon UK, expanding access to AI-powered tools designed to support earlier detection of cardiovascular and respiratory disease. - This expansion builds on Eko’s
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New Mountain Capital Invests in SmarterDx to Fuel AI-Driven Revenue Integrity

by Syed Hamza Sohail 04/16/2025 Leave a Comment

: New Mountain Capital Invests in SmarterDx to Fuel AI-Driven Revenue Integrity

What You Should Know: -SmarterDx, Inc. (“SmarterDx” or “the Company”), a leader in clinical AI for revenue integrity and care quality, today announced a strategic investment from New Mountain Capital, LLC (“New Mountain Capital”), a leading growth-oriented investment firm with more than $55 billion in assets under management.  - This investment will support SmarterDx’s next phase of growth and product innovation, focused on creating value for health systems and enabling them to deliver the
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Elumina Health Launches AI-Powered EHR for Post-Acute Home Healthcare

by Syed Hamza Sohail 04/16/2025 Leave a Comment

Elumina Health Launches AI-Powered EHR for Post-Acute Home Healthcare

What You Should Know: -  Elumina Health Inc announces the launch of AI based patient risk triaging capability in Basis EHR. Basis EHR leverages AI to identify home healthcare patients who are at high risk for hospitalization on the basis of their demographic and medical data. -  This enables clinicians to monitor the high risk patients more closely to reduce hospitalizations. Elumina Health: Redefining Post-Acute Care with AI-Powered EHR Innovation Elumina Health Inc. is a
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The Future of Health Systems: Consolidation, Technology, and a New Operating Model

by Fred Pennic 04/16/2025 Leave a Comment

The Future of Health Systems: Consolidation, Technology, and a New Operating Model

What You Should Know:  - A new study by HFS Research, in partnership with Cognizant, examines the evolving landscape of US healthcare delivery, focusing on health system consolidation and the strategies necessary for success.  - The study, which includes insights from over 150 health system CXOs, paints a picture of an industry facing significant challenges and undergoing rapid transformation. Key Challenges and Transformations US health systems are adapting to deliver
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Zoom Launches AI Workplace Platform for Frontline Workers

by Jasmine Pennic 04/16/2025 Leave a Comment

Zoom Launches AI Workplace Platform for Frontline Workers

What You Should Know:  - Zoom Communications has introduced Zoom Workplace for Frontline, a new mobile-first solution designed to enhance communication and workflow management for frontline workers.  - This purpose-built platform aims to equip employees in various sectors, including retail, manufacturing, healthcare, and first response, with tools to improve productivity, performance, and workplace relationships.   Key Features Zoom Workplace for Frontline offers
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Synapse Health Appoints Mandira Singh as President

by Healthcare Executive Hires 04/16/2025 Leave a Comment

Synapse Health Appoints Mandira Singh as President

What You Should Know:  - Synapse Health, a company focused on advancing the durable medical equipment (DME) industry toward value-based care, has announced the appointment of Mandira Singh as its new president.   - Singh initially joined Synapse Health in August as a senior advisor and is now becoming part of the company's expanding executive team. This team is focused on modernizing the DME ecosystem to better serve patients, prescribers, and DME provider
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RadNet to Acquire iCAD for $103M in All-Stock Transaction

by Fred Pennic 04/15/2025 Leave a Comment

iCAD, GE HealthCare Integrate to Advance Breast Cancer Detection with AI

What You Should Know:  - RadNet, Inc., a national leader in providing high-quality, cost-effective diagnostic imaging services and digital health solutions, and iCAD, Inc., a global leader in AI-powered breast health solutions, announced that they have entered into a definitive merger agreement.  - Under the agreement, RadNet will acquire iCAD for $103M in an all-stock transaction. Financial Details Based on RadNet’s closing price on Monday, April 14, 2025, the transaction
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