What You Should Know:
- Siemens Healthineers, a leading global medical technology company operating in over 180 countries, is pioneering breakthroughs in healthcare through innovation and sustainability. With approximately 71,000 employees, Siemens Healthineers generated €21.7 billion in revenue in fiscal 2023.
- The company focuses on imaging, diagnostics, cancer care, and minimally invasive therapies, enhanced by
Read More
M&A: Health Catalyst Acquires Upfront Healthcare Services
What You Should Know:
- Health Catalyst, Inc. (“Health Catalyst,” Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced it has signed a definitive agreement to acquire Upfront Healthcare Services, Inc. (“Upfront”), a next-generation patient engagement platform provider. Health Catalyst anticipates the acquisition will close in the first quarter of
Read More
Truveta Genome Project to Create Largest, Most Diverse Genomic Database with AI
What You Should Know:
- Today, leading US health systems, including Advocate Health, CommonSpirit Health, Henry Ford Health, Northwell Health, Providence, and Trinity Health, announce the Truveta Genome Project, an innovative collaboration to generate genetic data on tens of millions of consented and de-identified volunteers, creating the largest and most diverse database of genotypic and phenotypic information ever assembled.
- At over ten times the scale of previous endeavors, this
Read More
Waystar Launches AltitudeAI to Combat Claim Denials with AI-Powered Automation
What You Should Know:
- Waystar (Nasdaq: WAY), a provider of leading healthcare payment software, today announced the launch of Waystar AltitudeAI™, a comprehensive set of AI capabilities for providers, including AltitudeCreate™, a new generative AI innovation focused on appealing denied claims.
- By autonomously generating appeal letters, Waystar aims to help providers recover a substantial portion of payments tied to more than 450 million annually denied claims, ultimately enabling
Read More
Access Healthcare Secures Strategic Investment from New Mountain Capital
What You Should Know:
- Access Healthcare, a leading technology-enabled platform for revenue cycle management (RCM), today announced a strategic investment from affiliates of New Mountain Capital, LLC (“New Mountain”), a leading growth-oriented investment firm with approximately $55 billion in assets under management.
- This investment will support Access Healthcare’s next phase of growth, focusing on advancing its capabilities in artificial intelligence, workflow automation, product
Read More
Solera Health Secures $40M to Expand Access to Digital Healthcare
What You Should Know:
- Solera Health, the premier technology platform for connecting people seamlessly and easily to health solutions that work, today announced $40 million in new funding.
- The insider round is co-led by Health Care Service Corporation and includes Adams Street, Cobalt Ventures, and Horizon Mutual Holdings, Inc.
Solera: Driving Innovation in Value-Based Digital Healthcare
Solera is revolutionizing healthcare delivery through its HALO™ platform, a value-based,
Read More
Mayo Clinic to Deploy Abridge’s AI-Powered Clinical Documentation Across Enterprise
What You Should Know:
- Abridge has finalized an enterprise-wide agreement with Mayo Clinic to implement the AI-powered clinical documentation platform, starting with approximately 2,000 clinicians who serve over 1 million patients annually across a wide range of specialties and care settings.
- This marks a significant expansion in the collaboration between Mayo Clinic and Abridge, building on the previously announced initiative to enhance nursing documentation workflows, which are
Read More
Helix, Komodo Health Partner to Enhance Clinico-Genomic Datasets for Research
What You Should Know:
- Helix, a leader in population genomics and precision health, and Komodo Health, a leader in healthcare technology and data-driven insights, are partnering to further enrich Helix's clinico-genomic datasets within the Helix Research Network (HRN) for research and life science partners.
- The partnership will add insights derived from medical, pharmacy and mortality data from Komodo's Healthcare Map®, the industry's most robust and precise view of longitudinal
Read More
Qventus Secures $105M to Advance AI Assistants for Optimal Health System Efficiencies
What You Should Know:
- Qventus, a leading provider of AI-based care automation software for health systems, today announced a $105 million investment led by global investment firm KKR, with additional participation from world-renowned investment firm Bessemer Venture Partners, and new strategic investors, including leading health systems Northwestern Medicine, HonorHealth, and Allina Health.
- Qventus has built an AI-first care operations automation platform deployed across leading
Read More
Peerbridge Health Launches Trial for Ambulatory ECG Wearables
What You Should Know:
- Peerbridge Health has announced the launch of its landmark COR-INSIGHT Trial, which will validate the screening and diagnostic capabilities of its Peerbridge Cor® ambulatory ECG wearables.
- The trial seeks to revolutionize cardiovascular and cardiopulmonary monitoring and screening by providing a seamless, non-invasive alternative to traditional diagnostic modalities. The trial will leverage two new proprietary, cutting-edge AI SaMD platforms:
Read More
