What You Should Know:
- The U.S. Department of Health and Human Services (HHS) announced the final rule for Medicare payments and policies for inpatient hospitals and long-term care hospitals (LTCHs) for fiscal year (FY) 2025.
- The FY 2025 IPPS and LTCH PPS rule focuses on improving health outcomes, addressing social determinants of health, strengthening emergency preparedness, and promoting value-based care.
Increased Payments and Addressing Social Determinants of
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VSee and Ava Robotics Develop AI-Powered ICU Robot
What You Should Know:
- VSee Health, a telehealth services provider, and Ava Robotics, a developer of intelligent robots, announced a strategic partnership to develop innovative telepresence solutions for the inpatient intensive care unit (ICU) market.
- The collaboration aims to create a VSee-powered Ava robot capable of autonomous navigation within the ICU environment. This advanced technology will enable remote physicians to interact with patients, consult with onsite staff, and
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Epic EHR Now Enables Direct Patient Access to Health Data
What You Should Know:
- Epic Systems announced a development that will empower patients to have greater control over their health information, CNBC first reports. Patients will soon be able to directly share their health data with various apps of their choice, marking a significant step forward in data interoperability.
- This new capability is made possible through the Trusted Exchange Framework and Common Agreement (TEFCA), a federal initiative aimed at facilitating secure and
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R1 RCM to Be Acquired by TowerBrook and CD&R for $8.9B
What You Should Know:
- R1 RCM Inc., a leading provider of technology-driven healthcare revenue cycle management solutions, announced that it has entered into a definitive agreement to be acquired by investment funds affiliated with TowerBrook Capital Partners and Clayton, Dubilier & Rice (CD&R). The all-cash transaction values R1 at approximately $8.9 billion.
- Under the terms of the agreement, TowerBrook and CD&R will acquire all outstanding shares of R1
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Outpace Bio Secures $144M for AI-Powered Cell Therapy Platform
What You Should Know:
- Outpace Bio, a pioneering cell therapy company raises $144M in oversubscribed Series B financing round led by RA Capital Management with participation from both new and existing investors, including Qatar Investment Authority, Surveyor Capital, Sheatree Capital, Black Opal Ventures, Alexandria Venture Investments, and several others. Outpace has now raised a total of approximately $200M to date.
- Jake Simson, Partner at RA Capital Management, will join
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The Sequoia Project Launches Pharmacy Workgroup to Enhance Patient Care Through Interoperability
What You Should Know:
- The Sequoia Project, a leading advocate for health information technology (health IT) interoperability, announced the launch of a new Pharmacy Workgroup as part of its Interoperability Matters program.
- The strategic initiative aims to improve patient care by fostering collaboration between pharmacies and the broader healthcare ecosystem. Launching and growing the pharmacy community of practice is a monumental undertaking for The Sequoia Project, made
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Ochsner Health to Deploy DeepScribe’s Ambient AI to 4700 Clinicians
What You Should Know:
- Ochsner Health, a prominent healthcare provider in the Gulf South announced a strategic partnership with DeepScribe, a leader in ambient AI clinical documentation,
- The strategic collaboration will see DeepScribe's AI-powered technology implemented across Ochsner Health's network of 46 hospitals and 370 health and urgent care centers.
Deploying Ambient AI Across Enterprise
DeepScribe's technology automatically transcribes and documents patient
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Mindera Health Secures $14M to Advance Commercialization of Psoriasis Precision Medicine Test
What You Should Know:
- Mindera Health, a leading developer of precision medicine solutions for dermatology, raises $14M convertible note financing led by Mountain Group Partners.
- The funding will accelerate the commercialization of Mindera’s flagship product, Mind.Px™, a groundbreaking test that predicts patient response to psoriasis treatments.
Revolutionizing Psoriasis Treatment
Mind.Px™ is a proprietary biomarker test that analyzes a patient’s skin sample to determine the
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AI Seen as Key Weapon Against Physician Burnout, Survey Finds
What You Should Know:
- eClinicalWorks, a leading provider of cloud-based electronic health records (EHR) for ambulatory care, has released the results of a recent survey examining healthcare professionals' perceptions of artificial intelligence (AI) in the healthcare industry.
- The survey aimed to understand how AI-powered solutions can help address critical challenges like physician burnout, patient data management, and clinical documentation.
Burnout Relief Through
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VitalHub Acquires MedCurrent for $34M to Enhance Healthcare Efficiency
What You Should Know:
- VitalHub Corp., a leading provider of healthcare operations software and services, announced the acquisition of MedCurrent Corporation, a clinical decision support (CDS) company.
- The acquisition will integrate MedCurrent's OrderWise platform with VitalHub's existing Patient Flow software suite to create a comprehensive solution for managing healthcare resources.
Financial Details of the Acquisition
VitalHub will acquire MedCurrent for up to
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