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Digital Health | News, Analysis, Insights - HIT Consultant

hellocare.ai Raises $47M for AI-Assisted Virtual Care Delivery

by Syed Hamza Sohail 04/18/2025 Leave a Comment

hellocare.ai Raises $47M for AI-Assisted Virtual Care Delivery

What You Should Know: -       hellocare.ai, the leading AI-assisted virtual care delivery platform transforming hospital care models and operations, today announced it has raised $47 million in an oversubscribed funding growth round. -       The round was led by HealthQuest Capital, with participation from a strategic coalition of forward-thinking health systems and digital health investors, including Bon Secours Mercy
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Wasteful Spending on Remote Monitoring? New Report Urges Policy Overhaul

by Fred Pennic 04/18/2025 Leave a Comment

Wasteful Spending on Remote Monitoring? New Report Urges Policy Overhaul

What You Should Know:  - A newly released report from the Peterson Center on Healthcare offers critical guidance for policymakers navigating the rapidly expanding landscape of remote monitoring technologies.  - Synthesizing findings from three in-depth evaluations of digital health tools by the Peterson Health Technology Institute (PHTI) and analyzing trends in Medicare and Medicaid billing, the report sounds a timely alarm. It underscores the urgent need for a policy
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Youlify Raises $4.3M to Optimize Medical Billing with Generative AI

by Syed Hamza Sohail 04/18/2025 Leave a Comment

Youlify Raises $4.3M to Optimize Medical Billing with Generative AI

What You Should Know: -  Youlify, a physician-founded AI company rebuilding the financial backbone of healthcare, today announced $4.3 million in seed funding to help hospitals and doctors get paid faster and more accurately. -  The platform replaces traditional billers with AI and provides an end-to-end revenue cycle management platform that completely automates coding, claims, and denial recovery. The round was led by Brett Queener at Bonfire Ventures, with participation from Top Harvest
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Trellis Health Launches with $1.8M for Personalized Women’s Health

by Syed Hamza Sohail 04/18/2025 Leave a Comment

Trellis Health Launches with $1.8M for Personalized, Women's Health

What You Should Know: - Trellis Health, a digital health platform designed to empower women with personalized, proactive care, today emerged from stealth. -  The company is launching with $1.8M in pre-seed funding from Palette Ventures, Swizzle Ventures, NEXTBLUE, Suncoast Ventures, and Sundial Foundation, along with high-profile healthcare individuals, including Care.com founder Sheila Marcelo, the co-founders of Flo Health, Yuri Gurski and Andrei Kouzel, Mike
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McKesson Launches Precision Care Companion for Biomarker-Driven Cancer Care

by Fred Pennic 04/18/2025 Leave a Comment

McKesson Launches Precision Care Companion for Biomarker-Driven Cancer Care

What You Should Know:  - McKesson has unveiled the Precision Care Companion (PCC), a transformative initiative designed to tackle the multifaceted challenges that healthcare practices face in the rapidly evolving landscape of genomic testing and targeted therapies.  - The Precision Care Companion is structured as a consortium of leading industry experts, spearheaded by McKesson. This collaborative model is intentionally designed to foster a dynamic environment that unites a diverse
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Caregentic Appoints Russ Johannesson as CEO to Lead Expansion

by Healthcare Executive Hires 04/18/2025 Leave a Comment

Caregentic Appoints Russ Johannesson as CEO to Lead Expansion

What You Should Know:  - Caregentic, an AI-native patient automation platform focused on streamlining clinician workflows, has announced the appointment of Russ Johannesson as its new Chief Executive Officer (CEO). - Johannesson is a seasoned healthcare executive with over three decades of experience in scaling high-growth health tech companies. His expertise spans AI, digital health, and commercial operations, making him well-suited to lead Caregentic's national and international
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Researchers Develop AI Model to Detect Malaria Using NVIDIA

by Fred Pennic 04/18/2025 Leave a Comment

Researchers Develop AI Model to Detect Malaria Using NVIDIA

What You Should Know:  - A team of researchers at the intersection of medicine and technology has harnessed the power of artificial intelligence (AI) and NVIDIA GPUs to develop a new AI solution.  - Their recent publication in the prestigious journal Nature details the creation of a sophisticated convolutional neural network (CNN) specifically designed for the automated detection of malaria parasites in blood samples. Venezuela's Malaria Resurgence While the glint of gold has
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Brellium Raises $16.7M to Power AI-Driven Compliance for Healthcare

by Fred Pennic 04/17/2025 Leave a Comment

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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RISA Labs Raises $3.5M for AI-Powered Oncology Prior Authorizations Platform

by Syed Hamza Sohail 04/17/2025 Leave a Comment

RISA Labs Raises $3.5M for AI-Powered Oncology Prior Authorizations Platform

What You Should Know: -  Cancer patients don’t just fight the disease - they fight the system. Today, life-saving treatments are routinely delayed by days or even weeks due to manual, error-prone workflows -   To solve this, RISA Labs has raised a $3.5M funding round to help healthcare organizations eliminate one of the most persistent barriers to timely cancer care: prior authorization delays. RISA Labs has already proven that faster care is possible by dramatically reducing manual
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GeneDx Acquires Fabric Genomics for $33M, Expanding Access to AI-Powered Genomic Interpretation

by Fred Pennic 04/16/2025 Leave a Comment

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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