What You Should Know:
- Openwater, an open-source medical technology company delivering portable, hospital-grade diagnostic and therapeutic devices, today announced that the Massachusetts Institute of Technology’s (MIT) Lincoln Laboratory is the first to receive the latest version of the company’s Open-LIFU device.
- The deployment marks a major milestone for Openwater and significantly expands access to low-intensity focused ultrasound (LIFU) for clinical and academic
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UnitedHealth Group Under DOJ Probe: Medicare Billing Practices Face Criminal & Civil Investigation
What You Should Know:
- UnitedHealth Group revealed it is facing a Justice Department (DOJ) criminal and civil investigation into its Medicare billing practices, adding to a series of recent setbacks for the nation’s largest and most powerful private insurer.
- The company also announced it has launched a third-party review of its business policies and performance metrics, expected to be completed by the end of the third quarter. The announcement comes after a tumultuous period for
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Reimagine Care Appoints Ann Stadjuhar as Chief Growth Officer
What You Should Know:
- Reimagine Care, a provider of technology-enabled cancer care at home announced the appointment of Ann Stadjuhar as Chief Growth Officer.
- Stadjuhar, a seasoned healthcare executive with a track record of building and scaling high-growth digital health organizations, will lead Reimagine Care’s growth, go-to-market strategy, and partnership efforts to accelerate access to more convenient, connected cancer care for patients across the country.
Stadjuhar
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Humana Accelerates Prior Authorization Reforms, Pledges to Cut Requirements and Expedite Approvals
What You Should Know:
- Humana Inc. announced accelerated efforts to approve care requests as quickly as possible and reduce the administrative burden for physicians associated with prior authorization.
- These actions aim to streamline and reduce prior authorization requirements while preserving the system of checks and balances that protects patient safety for high-cost, high-risk treatments.
Prior Authorization Reform
Humana is working to reduce the "red tape" on prior
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Aidoc Secures $150M to Accelerate CARE™ Foundation Model and Clinical AI Deployment
What You Should Know:
- Aidoc, a clinical AI platform with the highest number of FDA-cleared solutions in its category, secures $150M in funding, led by General Catalyst and Square Peg, with participation from NVentures (NVIDIA's venture capital arm) and four major U.S. health systems (Hartford HealthCare, Mercy, Sutter Health, and WellSpan Health). The funding also includes a $40M revolving credit facility, bringing Aidoc's total funding to $370M.
- The $150M will be used to
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NTT Data: Only 49% of Healthcare Leaders State GenAI Strategy Is Working
What You Should Know:
- New research from NTT DATA, a global leader in business and technology services, reveals a significant challenge for healthcare organizations: a struggle to align their Generative AI (GenAI) ambitions with practical implementation strategies. While over 80% of healthcare leaders surveyed state they have a well-defined GenAI strategy, only 40% agree that this strategy strongly aligns with their overall business strategy. Furthermore, just 54% classify their GenAI
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KLAS Report: Healthcare Accelerates Cloud Adoption Amidst Infrastructure and Talent Challenges
What You Should Know:
- Healthcare organizations are making significant investments in their IT infrastructure, with widespread adoption of public cloud solutions, according to a new KLAS report.
- These investments are crucial for maintaining operational efficiency and enabling cutting-edge innovations such as AI, genomics computing, and digital pathology. However, the report also highlights persistent challenges related to talent shortfalls, data security, and integration as
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TechMatter Acquires DoctorPapers to Expand Healthcare Revenue Cycle Management Services
What You Should Know:
- TechMatter, a leading provider of enterprise healthcare and automation solutions, acquires DoctorPapers, a California-based medical billing and revenue cycle management (RCM) company. This strategic move reinforces TechMatter’s mission to deliver scalable, tech-driven healthcare operations to providers across the United States. Financial details of the acquisition were not disclosed.
- Founded in 2020, DoctorPapers has built a strong reputation for delivering
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Charta Health Secures $22M to Automate Medical Billing and Clinical Documentation with AI
What You Should Know:
- Charta Health, an AI-powered platform that automates and optimizes medical billing and clinical documentation workflows secures $22M in Series A funding round led by Bain Capital Ventures, with participation from Madrona, SV Angel, Refract Ventures, and South Park Commons.
- The U.S. healthcare system loses over $300 billion each year due to billing errors, undercoding, and preventable claim denials. This significant financial drain often stems from slow,
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DoseSpot Partners with Amazon Pharmacy to Enhance E-Prescribing Access and Affordability
What You Should Know:
- DoseSpot, a provider of e-prescribing, insurance verification, and revenue cycle management solutions, today announced its collaboration with Amazon Pharmacy, a full-service, online pharmacy.
- The partnership aims to provide DoseSpot users with additional cost savings, expand medication access, and offer faster delivery options.
ePrescribing Struggles
ePrescribing software often struggles to reliably display medication availability and
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