Healthcare providers are heading into another year where financial uncertainty remains a top concern. While many for-profit and nonprofit organizations reported improved margins in 2024, industry analysts warn that rising expenses and process inefficiencies could put those gains at risk. Home-based care agencies, in particular, continue to face workforce shortages, changing reimbursement structures and administrative challenges – making revenue cycle management (RCM) a critical tool for
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Brellium Raises $16.7M to Power AI-Driven Compliance for Healthcare
What You Should Know:
- Brellium, the AI-powered clinical and payor compliance platform helping healthcare organizations streamline chart audits and reduce clinical risk, has secured $16.7M in Series A funding led by First Round Capital, Left Lane Capital, and Menlo Ventures, with participation from Digital Health Venture Partners and Necessary Ventures.
- The funding will fuel team growth, product development, and broader adoption across healthcare segments like mental health,
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Commonwealth Healthcare Corporation to Deploy MEDITECH Expanse EHR
What You Should Know:
- The Commonwealth Healthcare Corporation (CHCC) in Saipan, CNMI, has chosen MEDITECH Expanse as its new Electronic Health Record (EHR) system platform.
- CHCC's adoption of Expanse aligns with its strategic goal of establishing a patient-centered healthcare model that emphasizes individual patient needs and strengthens care coordination throughout its network
Advance Patient-Centered Care with MEDITECH Expanse EHR
MEDITECH Expanse will provide CHCC
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Strive Health Promotes New COO & Appoints New President
What You Should Know:
- Strive Health, a national leader in value-based kidney care, has announced strategic expansions to its executive leadership team.
- The executive appointments further strengthen the company's operations, enhance customer success, and drive continued growth in the delivery of specialized kidney care.
Paul Marchetti Appointed President
The company has named Paul Marchetti as its new President. In this role, Marchetti will be responsible
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Surescripts Health Information Network Designated as a Qualified Health Information Network (QHIN)
What You Should Know:
- Surescripts Health Information Network, a subsidiary of Surescripts®, today announced its designation as a Qualified Health Information Network® (QHIN) by the Recognized Coordinating Entity® (RCE®), The Sequoia Project, Inc.
- The designation allows Surescripts Health Information Network to facilitate nationwide health data exchange under the governance of the Trusted Exchange Framework and Common Agreement (TEFCA) policies and technical requirements.
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GeneDx Acquires Fabric Genomics for $33M, Expanding Access to AI-Powered Genomic Interpretation
What You Should Know:
- GeneDx, a company focused on improving health outcomes through genomic insights, has announced its plans to acquire Fabric Genomics, a pioneer in AI-powered genomic interpretation.
- The acquisition aims to position GeneDx at the forefront of the next phase of genomic medicine, characterized by decentralized testing with centralized intelligence. Following the closing of the acquisition, Fabric Genomics will initially operate independently while
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Assort Health Raises $26M for Specialty-Specific GenAI Platform for Managing Patient Phone Calls
What You Should Know:
- Assort Health, a company specializing in AI solutions for managing patient phone calls in healthcare, has announced a new round of institutional financing co-led by First Round Capital and Chemistry, with continued support from existing investor Quiet Capital, bringing the company's total funding to $26M.
- The funding will be used to accelerate Assort Health's mission of improving access to care by addressing the issues of long hold times and scheduling
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The Future of Health Systems: Consolidation, Technology, and a New Operating Model
What You Should Know:
- A new study by HFS Research, in partnership with Cognizant, examines the evolving landscape of US healthcare delivery, focusing on health system consolidation and the strategies necessary for success.
- The study, which includes insights from over 150 health system CXOs, paints a picture of an industry facing significant challenges and undergoing rapid transformation.
Key Challenges and Transformations
US health systems are adapting to deliver
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Synapse Health Appoints Mandira Singh as President
What You Should Know:
- Synapse Health, a company focused on advancing the durable medical equipment (DME) industry toward value-based care, has announced the appointment of Mandira Singh as its new president.
- Singh initially joined Synapse Health in August as a senior advisor and is now becoming part of the company's expanding executive team. This team is focused on modernizing the DME ecosystem to better serve patients, prescribers, and DME provider
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RadNet to Acquire iCAD for $103M in All-Stock Transaction
What You Should Know:
- RadNet, Inc., a national leader in providing high-quality, cost-effective diagnostic imaging services and digital health solutions, and iCAD, Inc., a global leader in AI-powered breast health solutions, announced that they have entered into a definitive merger agreement.
- Under the agreement, RadNet will acquire iCAD for $103M in an all-stock transaction.
Financial Details
Based on RadNet’s closing price on Monday, April 14, 2025, the transaction
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