What You Should Know:
- CoachCare, a leading remote patient monitoring (RPM) and virtual health company, has made its fourth acquisition in 12 months, snapping up Nashville-based Verustat for an undisclosed amount.
- This strategic move further strengthens CoachCare's position in the rapidly growing RPM market, projected to reach $175.2 billion by 2027.
Strengthening Focus on Chronic Conditions
Founded in 2020, Verustat brings valuable expertise in primary care and cardiology, areas
Read More
UNP Scores $32M for AI-Powered Macrocycle Therapeutics
What You Should Know:
- Unnatural Products, Inc. (UNP), a biotech company harnessing the power of AI and chemistry to design the next generation of targeted therapeutics, has secured $32M in Series A funding.
- Led by Merck Global Health Innovation Fund (MGHIF) and TechBio-focused ARTIS Ventures, the funding will help propel UNP's innovative platform and expand its reach beyond oncology, tackling a wider range of medical challenges.
Macrocycles: Nature's Key to Untapped Drug
Read More
KAID Health Secures $9M to Drive AI-Driven Healthcare Efficiency
What You Should Know:
- KAID Health, the AI-powered healthcare solutions pioneer, has secured a significant $9 million in funding led by Activate Venture Partners, Martinson Ventures, Boston Millennia Partners, and Brandon Hull, alongside KAID Health's Board of Directors.
- With this new funding, KAID Health plans to expand its reach to more providers and their payer partners and develop new service offerings.
Unlocking the Power of Whole Chart Analysis
KAID Health's flagship
Read More
PCA Rx & Cost Plus Drugs Partner to Transform Drug Pricing Transparency
What You Should Know:
- PCA Rx and Cost Plus Drugs, are joining forces to tackle the longstanding issue of opaque and inflated drug pricing in the US healthcare system.
- This landmark collaboration paves the way for greater transparency, accessibility, and affordability for employers and individuals nationwide.
Prioritizing Drug Pricing Transparency
By prioritizing transparency, this partnership empowers employers and members to make informed choices and fosters a more engaged
Read More
XiFin Launches New Payor Rate Transparency Monitor to Empower Diagnostic Providers
What You Should Know:
-XiFin, Inc., announced the launch of its new Payor Rate Transparency Monitor, the first-of-its-kind interactive visualization tool that compares contracted rates published by UnitedHealthcare, Aetna, and Cigna.
The new AI monitor tool dives deep beyond mere averages, drilling down into specific billing codes and modifiers established by the Centers for Medicare & Medicaid Services (CMS). This granular data empowers providers to refine their managed care, market
Read More
AHIMA Appoints Dr. Kevin Klauer as New CEO
What You Should Know:
- The American Health Information Management Association (AHIMA) has appointed Dr. Kevin Klauer as its new Chief Executive Officer (CEO), effective January 8, 2024.
- Dr. Klauer will succeed Amy Mosser, MBA, who served as interim CEO since June. Mosser, a critical member of AHIMA's executive team since 2019, will transition to the role of President of HCPro, LLC, a for-profit, wholly-owned subsidiary of AHIMA.
Dr. Klauer Bio/Background
Dr. Klauer's extensive
Read More
TREND Health Acquires Advent for AI-Powered Healthcare Payment Accuracy
What You Should Know:
- TREND Health Partners, a rapidly growing provider of AI-driven solutions, has acquired Advent Health Partners, an AI-driven platform identifies and standardizes clinical attributes from itemized bills and medical records, expediting critical information presentation and ensuring timely and appropriate reimbursement.
- This strategic combination brings together two industry powerhouses, creating a comprehensive platform for payers and providers seeking to optimize
Read More
AMA Survey Explores Physician Sentiments on AI in Healthcare
What You Should Know:
- Physicians are cautiously optimistic about artificial intelligence (AI) in healthcare, according to a new survey by the American Medical Association (AMA). While 41% are equally excited and concerned about its potential, nearly two-thirds see its advantages if specific concerns are addressed.
- The survey of 1,081 physicians, conducted in August 2023, reveals a complex picture of how doctors view this transformative technology, highlighting both its potential
Read More
Headway Expands Nationwide, Connecting Mental Health Patients with Care in All 50 States
What You Should Know:
- Headway, a tech-enabled network of mental health providers, has achieved a major milestone: it is now serving patients in all 50 states and the District of Columbia.
- Headway's national expansion marks a significant step forward in making mental health care accessible and affordable for all Americans. By addressing key barriers to care and partnering with major health plans, Headway is helping to create a healthier future for individuals and communities across the
Read More
Lunit Acquires AI-Enabled Breast Cancer Detection Platform Volpara for $193M
What You Should Know:
- South Korean AI leader Lunit has announced its intention to acquire Volpara, a global pioneer in AI-powered cancer detection software, in a landmark deal worth AUD 292M (USD 193M).
- Beyond market presence, it's Volpara's deep knowledge and extensive data that truly sets it apart. With over 100 million high-quality mammogram images in its repository, Volpara offers a treasure trove of insights that will supercharge Lunit's AI capabilities and pave the way for
Read More
