What You Should Know:
- Knowtion Health, a healthcare revenue cycle company, has acquired Switch RCM, a data- and technology-first company that uncovers and resolves overlooked reimbursement opportunities through intelligent automation and data-driven innovation.The financial terms of the transaction were not disclosed.
- The combination of Knowtion and Switch RCM is designed to address the growing challenges faced by health systems, including increasing payer complexity, shrinking
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RevelAi Health Closes $3.1M to Scale its Conversational AI Platform for Musculoskeletal Care
What You Should Know:
- RevelAi Health, a conversational artificial intelligence (AI) platform built for musculoskeletal care, has closed an oversubscribed $3.1M seed round led by Ulu Ventures and Symphonic Capital, with participation from Orthopedic VC, Sand Hill Angels, and a consortium of nationally recognized orthopedic surgeons.
- The company is tackling the largest area of U.S. healthcare spending—musculoskeletal disorders, which exceed $420B annually—by providing a 24/7
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Layer Health and Intermountain Health to Deploy AI for Clinical Data Abstraction
What You Should Know:
- Layer Health, an artificial intelligence (AI) company in healthcare announced a strategic collaboration with Intermountain Health, one of the nation’s top integrated health systems. The collaboration includes a strategic investment from Intermountain Ventures, Intermountain’s innovation and venture capital arm, and a multi-year initiative to deploy the Layer Health AI platform across multiple clinical registries.
- The partnership aims to improve the accuracy,
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Huron to Acquire Revenue Cycle Consulting Firm Eclipse Insights
What You Should Know:
- Huron has entered into an agreement to acquire Eclipse Insights, a revenue cycle consulting firm dedicated to helping healthcare organizations maximize revenue and improve cash flow. This acquisition is set to enhance Huron’s ability to drive revenue cycle yield and efficiencies for its clients.
- The move comes as healthcare providers continue to face significant financial challenges, including ongoing margin pressures, workforce shortages, declining
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American College of Cardiology Recommends GLP-1s as First Line Treatment Option
What You Should Know:
- The American College of Cardiology (ACC) has published a new Concise Clinical Guidance (CCG) report, providing a comprehensive framework for clinicians to medically manage obesity using the "ever-expanding set of tools to assist patients in diagnosis, weight reduction, and CVD risk mitigation."
- The new guidance, published in the Journal of the American College of Cardiology (JACC), addresses the multiple causes of obesity and outlines a clinical
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Commure Raises $200M to Accelerate AI-Powered RCM Platform
What You Should Know:
- Commure, the fast-growing enterprise AI healthcare technology company, today announced it has secured $200M in growth financing from General Catalyst’s Customer Value Fund (CVF). The funding will be used to meet the surging demand for Commure’s full-stack AI platform, which spans revenue cycle management (RCM), ambient AI clinical documentation and workflows, and practice management solutions.
- The CVF transaction enables Commure to scale its investment in
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Abridge’s AI Assistant Expands to Inpatient Notes and Orders in Epic
What You Should Know:
- Abridge, a generative AI platform for clinical conversations, is expanding its capabilities to support inpatient care settings and to queue up outpatient orders.
- The extension of its platform is part of the Workshop program, through which Epic and Abridge have collaborated to develop new, innovative healthcare technologies that are piloted and refined before wider release.
Abridge Inside for Inpatient: Bringing AI Documentation to the
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Collectly Launches “Billie,” an AI Agent for 24/7 Patient Billing Support
What You Should Know:
- Collectly, the AI-powered platform reshaping patient billing and revenue cycle management (RCM), today announced the launch of Billie—a breakthrough AI agent for patient billing and RCM. Billie is available to patients 24/7 across chat, email, text, and voice, providing real-time answers to complex medical billing questions and simple, one-click payment options.
- The launch comes at a critical time when patients are often overwhelmed by confusing medical
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Vivalink Powers University of Louisville Study on How Urban Green Spaces Impact Human Health
What You Should Know:
- Vivalink, a provider of digital healthcare solutions, is supporting a study conducted by the University of Louisville's Christina Lee Brown Envirome Institute on how urban green spaces influence human health. Researchers are using Vivalink’s Biometrics Data Platform to monitor participants’ real-time physiological responses in natural and urban environments, providing valuable health data that could inform urban planning and public health initiatives.
The
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Tennr Raises $101M to Solve Healthcare’s Patient Referral ‘Black Hole’
What You Should Know:
- Tennr, the company helping providers manage the complex and often chaotic patient referral process secures $101M in Series C funding round led by IVP, with participation from new and existing investors including Andreessen Horowitz, Lightspeed, GV, ICONIQ, Foundation Capital, and Frank Slootman.
- The company, which has more than tripled its revenue since its Series B just two quarters ago, is tackling one of the most persistent operational challenges in
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