In Handel Jones' literary alarm, "When AI Rules the World," we are drawn to envision an age where AI doesn’t merely complement but dominates every strand of our societal fabric. One domain in dire need of this revolutionary touch is healthcare — a sector where the United States, alarmingly, trails behind in the global AI adoption race. When nearly one-fifth of our GDP feeds a system that sees Americans facing graver health outcomes than other high-income nations, it’s clear: our approach needs
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Digital Health | News, Analysis, Insights - HIT Consultant
VA Expands Access to Virtual Reality Pain Therapy for Veterans with AppliedVR Partnership
What You Should Know:
- The U.S. Department of Veterans Affairs (VA) is taking a major step forward in pain management by expanding its contract with AppliedVR, a provider of immersive therapeutics (ITx) using virtual reality (VR).
- This contract expansion will significantly increase access to RelieVRx®, the first and only FDA-authorized in-home VR treatment for chronic lower back pain (CLBP).\
Continue Use of Virtual Reality for Treating Chronic Low Back Pain
Chronic pain affects
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Absci, PrecisionLife Partner to Develop AI-Enabled Drug Pipeline
What You Should Know:
- Absci, a generative AI drug creation company, and PrecisionLife, a pioneer in computational biology for complex chronic diseases, have announced a powerful partnership to develop a joint portfolio of potential therapeutics.
- This collaboration aims to leverage the strengths of both companies to address unmet medical needs and accelerate drug development.
Combining Expertise for Faster, Precision-Driven Drug Discovery
Key aspects of the partnership
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RPA Adoption: 74% of Hospitals Automate Revenue Cycle Tasks
What You Should Know:
The healthcare revenue cycle is getting a major makeover, driven by a surge in automation and artificial intelligence (AI). A new survey by AKASA, a leading developer of AI-powered revenue cycle automation solutions, reveals that 74% of healthcare organizations are already automating some part of their revenue cycle operations, and 80% of those not currently using it plan to do so by the end of 2025.
The Rise of the Robots
- Automation is no longer a luxury, but a
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Butterfly, Mendaera Partner to Transform Interventional Care with AI-Powered Robots
What You Should Know:
- Butterfly Network (BFLY), a provider of portable ultrasound technology, and Mendaera, a Silicon Valley robotics innovator, are teaming up to bring an AI-powered robotic system to market.
- Powered by Butterfly™ solution, the collaboration promises to transform interventional procedures by combining Butterfly's cutting-edge Ultrasound-on-Chip™ technology with Mendaera's precision robotics.
Elevating Interventional Medicine
The collaboration aims to address
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CoachCare Acquires Verustat to Expand Remote Patient Monitoring Reach
What You Should Know:
- CoachCare, a leading remote patient monitoring (RPM) and virtual health company, has made its fourth acquisition in 12 months, snapping up Nashville-based Verustat for an undisclosed amount.
- This strategic move further strengthens CoachCare's position in the rapidly growing RPM market, projected to reach $175.2 billion by 2027.
Strengthening Focus on Chronic Conditions
Founded in 2020, Verustat brings valuable expertise in primary care and cardiology, areas
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Biorithm Secures $3.5M to Revolutionize Connected Maternity Care
What You Should Know:
- Biorithm, a global women's health medtech company, has secured $3.5M in Series A funding to fuel its mission of improving maternal health outcomes and reducing preventable pregnancy complications.
- This investment, co-led by Adaptive Capital Partners and SEEDS Capital, will support Biorithm's expansion in key markets like Southeast Asia and the United States, as well as the advancement of its flagship Femom technology.
Combating Preventable
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XiFin Launches New Payor Rate Transparency Monitor to Empower Diagnostic Providers
What You Should Know:
-XiFin, Inc., announced the launch of its new Payor Rate Transparency Monitor, the first-of-its-kind interactive visualization tool that compares contracted rates published by UnitedHealthcare, Aetna, and Cigna.
The new AI monitor tool dives deep beyond mere averages, drilling down into specific billing codes and modifiers established by the Centers for Medicare & Medicaid Services (CMS). This granular data empowers providers to refine their managed care, market
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Michigan Expands Access to Philips Avent Pregnancy+ App for Medicaid Mothers
What You Should Know:
- Michigan is taking a major step forward in improving maternal and infant health by expanding access to the Philips Avent Pregnancy+ mobile app for Medicaid-eligible families.
- The public-private partnership between the Michigan Department of Health and Human Services (MDHHS) and Royal Philips addresses the U.S. maternal mortality crisis and creates a more equitable healthcare system.
Connecting Families to Resources and Education
The Pregnancy+ app provides
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AMA Survey Explores Physician Sentiments on AI in Healthcare
What You Should Know:
- Physicians are cautiously optimistic about artificial intelligence (AI) in healthcare, according to a new survey by the American Medical Association (AMA). While 41% are equally excited and concerned about its potential, nearly two-thirds see its advantages if specific concerns are addressed.
- The survey of 1,081 physicians, conducted in August 2023, reveals a complex picture of how doctors view this transformative technology, highlighting both its potential
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