What You Should Know:
- Avesi Partners LLC ("Avesi" or the "Firm"), a private equity firm specializing in healthcare and business services, announced today the successful closing of Avesi Partners Fund II LP ("Fund II") at $1.35 billion.
- Headquartered in Stamford, Connecticut with an office in Richmond, Virginia, Avesi Partners focuses on partnering with lower-middle market, privately held, and family-owned businesses. Their primary sectors of interest lie in healthcare
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Innovaccer, P3 Health Partners Team Up to Drive Value-Based Care for Medicare Patients
What You Should Know:
- Innovaccer Inc., a healthcare AI company, and P3 Health Partners (NASDAQ: PIII), a patient-centered population health management company, today announced a strategic partnership focused on revolutionizing care delivery for Medicare patients.
- By leveraging AI and data-driven insights, Innovaccer and P3 Health Partners aim to transform healthcare delivery for Medicare patients, leading to better outcomes, cost optimization, and a more positive experience
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AdvancedMD Summer Release Streamlines Revenue Cycle, Enhances EHR and Patient Engagement
What You Should Know:
- AdvancedMD, a provider of cloud-based healthcare software for independent practices, recently unveiled its 2024 summer product release.
- The update boasts over 30 new features designed to enhance efficiency, improve productivity, and ultimately, boost revenue for medical practices.
Seamless Payment Processing Takes Center Stage
The centerpiece of the release is the revolutionary AdvancedMD Pay terminal, a certified PAX A920 credit card processing
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Blind VA Employee Sues Over Inaccessible Oracle-Cerner EHR
What You Should Know:
- A Department of Veterans Affairs (VA) employee has filed a lawsuit against the agency, alleging its new Oracle-Cerner EHR system discriminates against employees and veterans with disabilities, Federal News Network reports.
- The lawsuit claims the Oracle-Cerner EHR system is incompatible with assistive technologies like screen readers used by visually impaired individuals.
Legal Basis of the Lawsuit
The lawsuit argues that the VA violated Section
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How Healthcare Automation Is Enhancing a Patient’s Diagnostic Testing Experience
With the influx of technology, the healthcare industry has experienced tremendous change over the years. More and more healthcare facilities are investing in innovative tools that can help automate and significantly improve a patient’s diagnostic testing experience. In this article, let’s explore the myriad benefits of healthcare automation and how it has revolutionized the diagnostic testing process and made it a positive patient experience.
Efficient Scheduling
With the
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US Hospitals See Improved Margins, But Rising Costs Remain a Concern
What You Should Know:
- A new report from Strata Decision Technology reveals mixed signals for the financial health of US hospitals. While operating margins have improved significantly year-over-year, rising drug and supply costs threaten to undermine this progress.
- The US hospital sector shows signs of financial recovery, with improved margins and revenue growth. However, rising drug and supply costs pose a significant threat to continued progress. As healthcare leaders navigate
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Noom Unveils AI-Powered Food Logging and Welli Assistant to Supercharge Health Coaching
What You Should Know:
- Noom, the leader in digital health coaching for chronic disease prevention, is revolutionizing its platform with the launch of two cutting-edge AI features: AI food logging and Welli, their new AI personal health assistant.
- The launch of AI food logging and Welli reinforces Noom's commitment to leveraging technology for sustainable behavior change. These features simplify meal tracking, provide instant support, and free up coaches to deliver personalized
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23andMe and Nightingale Health Partner to Offer Blood-Based Risk Assessment Pilot
What You Should Know:
- 23andMe Holding Co., a leading player in preventative health and therapeutics, and Nightingale Health, a pioneer in biomarker testing, announced a collaboration to pilot Nightingale's blood metabolomics panel with a group of 23andMe members.
- This pilot program represents a significant step forward in personalized health assessment. By combining genetic and blood biomarker data, 23andMe and Nightingale Health are paving the way for a future where individuals
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Xealth Launches Digital Health Benchmarking Tool, Dewey
What You Should Know:
- Xealth, a leading force in scaling digital health solutions, has unveiled Dewey, a performance-based, digital health benchmarking tool.
- Incorporating more than 20 million assets and programs distributed from more than 400 hospitals to more than five million patients over seven years, Dewey calculates engagement benchmarks from nearly 1000 digital health programs.
- Additionally, the platform will incorporate AI-powered features that personalize
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Integrating HIPAA Compliance Into Digital Communication: A Closer Look
Healthcare organizations have been increasingly adopting digital communication channels like email and text messaging. These channels offer convenience and flexibility for both healthcare providers and patients. When used judiciously, they can help improve the overall patient experience.
However, with the growing use of digital communication comes an increased risk of data breaches. The healthcare sector has been a prime target for cyberattacks and data breaches over the last several years,
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