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Syed Hamza Sohail

AMA Issues CPT Code for Eko Health’s AI-Powered Cardiac Screening Tool

by Syed Hamza Sohail 11/14/2024 Leave a Comment

AMA Issues CPT Code for Eko Health's AI-Powered Cardiac Screening Tool

What You Should Know: - Eko Health, a pioneer in applying artificial intelligence for early detection of heart and lung diseases, today announced the issuance of a Category III Current Procedural Terminology (CPT) code by the American Medical Association (AMA) for its SENSORA™ platform. -The newly issued Category III CPT code will be effective on July 1, 2025, and is the first step to coverage and reimbursement for SENSORA™, bringing advanced heart disease detection to clinicians across
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Arcadia: Transforming Healthcare with Data-Driven Solutions

by Syed Hamza Sohail 11/14/2024 Leave a Comment

**Arcadia: Transforming Healthcare with Data-Driven Solutions** Arcadia empowers payers and providers to harness the full potential of their data, driving transformation in healthcare. Through an interoperable data platform, Arcadia uses advanced analytics to shape strategies, inform decisions, and facilitate actions that improve patient outcomes, operational efficiencies, and financial performance. Trusted by leading healthcare institutions such as Southwestern Health Resources, Tandigm, Castell, Rush Health, and Beth Israel Lahey Health, Arcadia is at the forefront of healthcare innovation. **Newly Launched Solutions** Arcadia has introduced several cutting-edge solutions to support healthcare organizations in improving their performance: - **Enhanced Benchmarks**: This solution helps organizations analyze market-based cost, utilization, risk, and quality benchmarks alongside their own performance, uncovering opportunities for improvement. By integrating CareJourney’s market intelligence—comprising 100% of Medicare fee-for-service claims and Medicare Advantage encounters—with Arcadia’s de-identified benchmarks, it provides fresh, transparent insights at the provider, practice, facility, and network level. - **Arcadia Vista Push**: An analytics activation layer that simplifies the delivery of custom insights to providers at scale via email. This solution automates enterprise-wide performance reporting, driving awareness and engagement with performance improvement strategies. It also streamlines provider group reporting for payers, supporting better decision-making. **Future Innovations** Arcadia continues to invest in innovative solutions that will launch in the coming quarter: - **Arcadia Network Modeler**: Powered by a comprehensive database of over 745,000 providers nationwide, this tool allows healthcare organizations to design, build, and evaluate networks. It provides valuable insights to help expand into new geographies, manage existing networks more effectively, and ensure health equity, quality care, and an improved member experience. The solution integrates with Arcadia’s workflow tools to automate referral management and reduce administrative tasks. - **Arcadia Contract IQ**: This tool simplifies the design, negotiation, and forecasting of value-based care contracts. Featuring a form-based interface, it fosters collaboration across stakeholders, reducing data sprawl and simplifying contract complexities. It also enables "what-if" analyses for contract terms and acts as a decision support tool to determine the optimal contract type for specific populations. Additionally, users gain access to Arcadia’s actuarial partners for further insights. Arcadia’s continuous investment in advanced analytics and data-driven solutions is shaping the future of healthcare, enabling organizations to make informed, impactful decisions that improve care and efficiency.

What You Should Know: - Arcadia® (arcadia.io), a leading data platform for healthcare, today announced the launch of two new solutions—Enhanced Benchmarks and Arcadia Vista Push—designed to help healthcare organizations improve value-based care performance and deliver actionable insights at scale.  - The company also detailed a product roadmap that sets the pace for innovation in healthcare analytics. These announcements set a vision for how Arcadia will bring solutions to market that are
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NVentures Invests in Genesis Therapeutics’ AI Platform for Drug Development

by Syed Hamza Sohail 11/13/2024 Leave a Comment

NVentures Invests in Genesis Therapeutics' AI Platform for Drug Development

What You Should Know: - Genesis Therapeutics, a company pioneering artificial intelligence (AI) technologies to create breakthrough medicines for patients, announced today a further equity investment from NVentures, NVIDIA’s venture capital arm. - This investment is in addition to NVentures’ participation in the company’s $200 million Series B financing in August 2023. Genesis Therapeutics Partners with NVIDIA to Advance AI-Driven Drug Discovery Genesis Therapeutics, an AI-focused
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NEC X Invests in GPx to Advance AI-Driven Chronic Disease Monitoring

by Syed Hamza Sohail 11/13/2024 Leave a Comment

NEC X Invests in GPx to Advance AI-Driven Chronic Disease Monitoring

What You Should Know: - NEC X, the Silicon Valley venture studio backed by NEC’s portfolio of advanced technologies and global businesses, today announced a new investment in General Prognostics Inc. - (GPx), a fast-growing MedTech startup revolutionizing chronic disease monitoring and management. NEC X Invests in GPx to Advance Remote Blood Monitoring Solution for Heart Failure Patients NEC X has invested in GPx as part of its strategic effort to foster healthcare innovation and
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HealthTap Enter DME Market with Aeroflow Healthcare

by Syed Hamza Sohail 11/13/2024 Leave a Comment

HealthTap Enters DME Market with Aeroflow Healthcare

What You Should Know: - HealthTap, a leading virtual healthcare provider delivering affordable, high-quality primary care, today announced its launch into the durable medical equipment (DME) market with its first partner, Aeroflow Healthcare. - With the news, HealthTap is positioned to help more patients seamlessly access primary care and DME services. Aeroflow customers who don’t have an established primary care provider (PCP) can now conveniently connect with a licensed HealthTap
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Ubie and PatientsLikeMe Partner to Improve Patient Journeys with AI

by Syed Hamza Sohail 11/13/2024 Leave a Comment

Ubie and PatientsLikeMe Partner to Improve Patient Journeys with AI

What You Should Know: - Ubie, a global healthcare AI platform that guides patients to better interactions with providers and life sciences, and  PatientsLikeMe (PLM), the leading integrated patient engagement, activation and health tracking platform that empowers over 850,000 patients to navigate their health journeys, today announced a partnership to empower patients with serious illnesses throughout their healthcare journey.  -  By integrating Ubie’s AI-powered Symptom Checker with the
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Fort Health Secures $5.5M to Expand Pediatric Mental Healthcare in Texas and Illinois

by Syed Hamza Sohail 11/12/2024 Leave a Comment

Fort Health Secures $5.5M to Expand Pediatric Mental Healthcare in Texas and Illinois

What You Should Know: -              Fort Health, a leader in integrated behavioral health, today announced that it has raised $5.5 million to expand mental health care into more pediatricians’ offices.  The funding round was led by Twelve Below and Vanterra bringing the total amount raised to $16M.  -              Since launching, Fort Health has
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FeelBetter Partners with Americare to Reduce Polypharmacy Risks in Seniors

by Syed Hamza Sohail 11/12/2024 Leave a Comment

FeelBetter Partners with Americare to Reduce Polypharmacy Risks in Seniors

What You Should Know: -  FeelBetter, a leader in AI-driven polypharmacy management, today announced a partnership with Americare, a leading long-term care and skilled nursing services provider, to help pinpoint residents at risk of adverse events due to complex medication regimens. - This collaboration extends FeelBetter’s reach into the long-term care and skilled nursing facility space to tackle the growing complexities of polypharmacy among seniors. FeelBetter Expands Integration with
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How Digital Health and Online Games Are Transforming Therapy

by Syed Hamza Sohail 11/11/2024 Leave a Comment

How Digital Health and Online Games Are Transforming Therapy

The digital era has not only transformed our daily lives but has also opened new pathways in health and wellness, giving rise to a fascinating trend: the use of digital health tools and online gaming as part of modern therapeutic strategies. While digital health interventions have become mainstream, the inclusion of online gambling games—like bingo and other casual games—has gained traction as an unconventional yet effective approach to therapy. By offering accessible, engaging, and socially
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VA Awards HistoSonics with $90M Contract for Tumor Destroying Histotripsy Systems

by Syed Hamza Sohail 11/08/2024 Leave a Comment

VA Awards HistoSonics with $90M Contract for Tumor Destroying Histotripsy Systems

What You Should Know: - HistoSonics , the developer and manufacturer of the Edison Histotripsy System, announced today they have been awarded an exclusive contract to provide Veteran’s Affairs hospitals across the United States access to their novel non-invasive tumor liquefying platforms.  - The contract, the work of the Veterans Health Administration (VHA) and the Strategic Acquisition Center (SAC) , establishes a $90 million ongoing schedule to develop histotripsy programs at key VA
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