What You Should Know:
- VisiQuate, a provider of advanced revenue cycle analytics, AI-powered workflow, and automation solutions, today announced its acquisition by Accel-KKR, a global technology-focused investment firm.
- The strategic acquisition marks a significant milestone for VisiQuate, enabling the company to leverage Accel-KKR's resources and expertise to further its growth and innovation in the healthcare revenue cycle management (RCM) space.
Addressing Healthcare's
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Epic Declines to Appeal Carequality Resolution in Dispute with Particle Health
What You Should Know:
- In an ongoing dispute over patient data privacy, Epic Systems has announced it will not appeal the Carequality Steering Committee's resolution, urging Particle Health to do the same and allow for the immediate release of the full resolution document.
Background of the Dispute
The dispute arose earlier this year when Epic, acting on behalf of its customer governing council, filed a complaint with Carequality against Particle Health. Epic alleged that certain
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Sheba Medical Center & Mana.bio Partner to Advance AI-Driven RNA Delivery for Cancer & Autoimmune Therapies
What You Should Know:
- Sheba Medical Center, a leading Israeli hospital renowned for its medical innovation, and its innovation arm, ARC Innovation, have announced a collaborative research agreement with Mana.bio.
- The partnership aims to leverage Mana.bio's AI-powered programmable RNA delivery platform to overcome technological hurdles in RNA therapeutics, paving the way for enhanced treatments for cancer and autoimmune diseases.
Bridging Technological Gaps in RNA
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Frontier Bio’s Lab-Grown Lungs Offers Hope for Drug Development
What You Should Know:
- Frontier Bio Corporation has successfully created complex microscale lung tissue by combining 3D bioprinting with the self-assembling capabilities of stem cells, mirroring the natural organ development process.
- Frontier Bio's breakthrough in lab-grown lung tissue signifies a potential turning point in the fight against respiratory diseases and the quest for viable organ transplantation options.
Addressing the Limitations of Animal Testing
Animal
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FOMO Drives AI Investment in Healthcare, Despite Trust Concerns
What You Should Know:
- A new study by intelligent automation company ABBYY reveals that fear of missing out (FOMO) is a major factor driving AI investment in healthcare.
- The study reveals that 57% of global healthcare providers expressed concern that their organizations will fall behind if they don't embrace AI.
Efficiency and Patient Service as Key Drivers
While FOMO plays a role, over half (52%) of healthcare leaders also cite increased efficiency and improved
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Wellinks Acquires Spire Health, Launching Predictive Patient Care for COPD & CHF
What You Should Know:
- Wellinks, the leader in virtual-led cardiopulmonary care, has acquired Spire Health in a non-cash transaction.
- This strategic move merges Spire's cutting-edge patient monitoring technology with Wellinks' specialized virtual care model, establishing a first-of-its-kind, fully integrated Predictive Patient Care company.
Addressing the Costly Burden of COPD and CHF
Chronic Obstructive Pulmonary Disease (COPD) and Congestive Heart Failure (CHF)
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Avo Launches EHR-Integrated AI Consult Tool
What You Should Know:
- Avo, a provider of healthcare AI solutions, announces the launch of Ask Avo, a first-of-its-kind, customizable AI consult tool that seamlessly integrates into Electronic Health Records (EHR) systems.
- Ask Avo harnesses patient data, institutional protocols, and updated medical guidelines to deliver trustworthy and relevant responses to complex clinical questions.
Empowering Clinicians with Actionable AI
Ask Avo functions as a "digital front door"
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Claim Denials Surge as Healthcare Providers Struggle with Tech Adoption
What You Should Know:
- A new Experian Health study reveals a concerning trend in the healthcare industry: claim denials are on the rise, and healthcare providers are increasingly hesitant to embrace technology solutions that could alleviate this burden.
- The Experian Health 2024 State of Claims survey paints a stark picture of the challenges providers face in managing their revenue cycles.
The Growing Claim Denial Crisis
Compared to a similar study conducted in 2022,
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Epic Challenges Particle Health Over Data Privacy Dispute
What You Should Know:
- Epic Systems, a leading electronic health records (EHR) provider, has initiated a dispute against Particle Health through the Carequality interoperability network, raising concerns about the potential misuse of patient medical records.
- The dispute, filed at the direction of Epic's customer governing council, alleges that some Particle customers used the network to take people’s medical records under false pretenses.
Alleged Misuse of Data
One
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Telehealth Satisfaction: A Mixed Bag Despite Growing Adoption, J.D. Power 2024 Study Reveals
What You Should Know:
- Telehealth, hailed as a potential game-changer in healthcare accessibility, has experienced mixed success in meeting patient expectations, according to the latest J.D. Power 2024 U.S. Telehealth Satisfaction Study.
- While telehealth usage has skyrocketed, particularly during the pandemic, the study reveals significant variations in patient satisfaction between different telehealth providers and concerns regarding the effectiveness of telehealth for
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