What You Should Know:
- A new report commissioned by the Physicians Advocacy Institute (PAI) and conducted by Avalere reveals a significant decline in the number of independent physicians and medical practices in rural areas of the United States between January 2019 and January 2024.
- The report raises concerns about reduced access to care, rising costs, and a decline in care quality for rural communities.
Report Background/Methodology
The analysis used data from the
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Gen AI Adoption Surges in Healthcare, Leaders See Potential for Transformation
What You Should Know:
- Generative AI (Gen AI) is rapidly changing the healthcare industry, and a recent McKinsey survey reveals that a large majority of healthcare leaders are actively exploring or implementing this technology.
- The latest survey, conducted in Q4 2024, provides insights into the evolving perspectives and approaches of payers, health systems, and healthcare services and technology (HST) groups.
Widespread Adoption and Implementation
The survey found that 85%
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Mount Sinai Launches AI Small Molecule Drug Discovery Center
What You Should Know:
- The Icahn School of Medicine at Mount Sinai has launched the AI Small Molecule Drug Discovery Center, a pioneering initiative that leverages artificial intelligence (AI) to revolutionize the process of drug development.
- The new center aims to integrate AI with traditional drug discovery methods to identify and design novel small-molecule therapeutics with unprecedented speed and precision.
Accelerating Drug Discovery with AI
Unlike conventional drug
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CareCloud Acquires RevNu Medical Management to Expand Audiology RCM
What You Should Know:
- CareCloud, a provider of practice management, healthcare technology, and AI-driven solutions for medical practices acquires RevNu Medical Management (RevNu), an emerging revenue cycle management (RCM) company specializing in audiology.
- Financial details of the acquisition were not disclosed.
Expanding in the Audiology Market
This acquisition represents a strategic move by CareCloud to expand its presence in the U.S. audiology market. The U.S.
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Venteur Raises $20M to Expand Personalized Health Benefits Platform
What You Should Know:
- Venteur, a personalized health technology platform secures $20M in Series A funding round led by Informed Ventures and American Family Ventures, with strategic investment from Morgan Health, Catalyst by Wellstar, and Ingeborg Investments. Existing investors also participated in the round.
- Venteur has been a pioneer in the ICHRA space, helping employers manage rising healthcare costs and offering a practical alternative to traditional group health plans. The
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Serve You Rx Integrates With Waltz Health’s AI Specialty Pharmacy Platform
What You Should Know:
- Serve You Rx, a full-service pharmacy benefit manager (PBM), has announced a strategic partnership with Waltz Health to integrate Waltz Connect, an AI-powered specialty platform.
- The collaboration aims to address the rapidly escalating costs of specialty medications, which have surged by over 40% in recent years, reaching $300 billion annually.
Enhanced Specialty Medication Management
By integrating Waltz Connect, Serve You Rx is reinforcing its
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MedeAnalytics Launches Health Fabric™ on Snowflake AI Data Cloud to Transform Healthcare Data
What You Should Know:
- MedeAnalytics, a provider of healthcare enterprise data enrichment platforms and analytics software-as-a-service (SaaS) launches Health Fabric™ on the Snowflake AI Data Cloud.
- The new integration with Snowflake empowers healthcare organizations to unify and leverage disparate data sources, optimizing their existing infrastructure and driving improved patient outcomes.
Health Fabric™: A Unified Platform for Healthcare Analytics:
Health Fabric™ is
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ATA Action Acquires Digital Therapeutics Alliance, Forms New Digital Health Coalition
What You Should Know:
- ATA Action, the advocacy arm of the American Telemedicine Association (ATA), has announced its acquisition of the Digital Therapeutics Alliance (DTA), the leading international organization focused on expanding access to digital therapeutics (DTx).
- The acquisition creates a powerful, unified platform for policy and advocacy, dedicated to advancing innovative technologies that are reshaping patient care. The Boards of Directors of the ATA, ATA Action,
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Chatbots Transforming Healthcare: From Diagnosis to Patient Support
What You Should Know:
- Chatbots are emerging as a revolutionary tool in healthcare, leveraging artificial intelligence (AI) to improve patient engagement across diagnosis, treatment, monitoring, and support, according to a new report in the Cureus Journal of Medical Science.
- The study of clinical studies highlights the growing role of chatbots in various medical fields, particularly in oncology, psychiatry, and chronic disease management.
Key Applications of Chatbots in
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NCI Partners With Lunit to Drive AI-Powered Cancer Research
What You Should Know:
- Lunit, a provider of AI-powered solutions for cancer diagnostics and therapeutics, has announced a collaboration with the National Cancer Institute (NCI), part of the U.S. National Institutes of Health (NIH).
- The partnership will focus on exploring innovative applications of AI in cancer research, with the goal of improving personalized cancer care.
Focus on Tumor Microenvironment and Immune Phenotyping:
The collaboration will concentrate on
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