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Digital Health | News, Analysis, Insights - HIT Consultant

Generative AI Revolutionizing Digital Health Investment Strategies

by Fred Pennic 11/03/2023 Leave a Comment

Generative AI Revolutionizing Digital Health Investment Strategies

What You Should Know:  - A significant 87% of digital health investors stated that generative AI solutions have influenced their investment strategies, with nearly 1 out of 5 respondents indicating that it is significantly affecting their strategy,  according to the results of an online survey from GSR Ventures.  - GSR Ventures, an early-stage digital health investment firm with over $3.5B in assets under management, conducted an online poll in September 2023 with over 40
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M&A: Viome Acquires Naring Health

by Syed Hamza Sohail 11/02/2023 Leave a Comment

M&A: Viome Acquires Naring Health

What You Should Know: Viome Life Sciences, a longevity company committed to translating scientific advancements into actionable and individualized health solutions, today announced the acquisition of Naring Health, a digital health and wellness company providing access to individualized clinical and molecular data to empower informed decisions.Under Naring Health, Viome will also be acquiring DiscernDX, a company making regular health monitoring, early disease detection, and
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Covera Health Secures Up to $50M to Revolutionize Radiology Nationwide

by Jasmine Pennic 11/02/2023 Leave a Comment

Covera Health Secures Up to $50M to Revolutionize Radiology Nationwide

What You Should Know:  - Covera Health, an AI-enabled diagnostic technology company, has announced securing up to $50M in additional Series C funding. This substantial funding aims to support their mission of reshaping the role of radiology on a national scale. - The company's platform employs advanced data analytics and AI to enhance the quality and efficiency of radiology services. Their innovative approach focuses on improving radiology outcomes while reducing costs and unnecessary
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First CPT Code for AI Prostate Cancer Imaging Issued for Avenda Health

by Fred Pennic 11/02/2023 Leave a Comment

First CPT Code for AI Prostate Cancer Imaging Issued for Avenda Health

What You Should Know:  - Avenda Health's AI mapping tool for prostate cancer, Unfold AI™, has received significant recognition by obtaining a new Category III CPT code in the 2024 Current Procedural Terminology (CPT) code set, signifying its status as a cutting-edge medical technology. - The new Category III CPT code, X237T, outlines the tool's capabilities, describing it as a non-invasive prostate cancer estimation map that is derived from an augmented analysis of image-guided fusion
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Emory Health Taps DrFirst to Leverage Clinical-Grade AI for Medication Adherence & Affordability

by Jasmine Pennic 11/01/2023 Leave a Comment

Emory Health Taps DrFirst to Leverage Clinical-Grade AI for Medication Adherence & Affordability

What You Should Know:  - Emory Healthcare, a comprehensive academic health system in Georgia, is collaborating with healthcare technology pioneer DrFirst to help patients access and adhere to affordable, appropriate prescription medications for their health conditions and ailments.  - As part of the collaboration, Emory Healthcare will leverage three medication management services offered within Fuzion by DrFirst, a software platform that uses clinical-grade artificial
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M&A: IKS Health Acquires AQuity Solutions for $200M

by Jasmine Pennic 11/01/2023 Leave a Comment

M&A: IKS Health Purchases AQuity Solutions for $200M

What You Should Know:  - IKS Health, the premier global solution that revitalizes the clinician-patient relationship acquires AQuity Solutions, a tech-enabled clinical documentation, medical coding, and revenue integrity solutions for healthcare, as a wholly-owned subsidiary for $200M. - The combined company, which will operate as IKS Health, will have annual revenues of $330+ million, as well as a global workforce of over 14,000 employees serving over 150,000 clinicians in many of
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M&A: Commure Acquires Mount Sinai Spinoff Rx.Health

by Fred Pennic 11/01/2023 Leave a Comment

M&A: Commure Acquires Mount Sinai Spinoff Rx.Health

What You Should Know:  - Commure, Inc., a healthcare technology company acquires intelligent clinical automation platform Rx.Health and is now part of its suite of solutions as Commure Engage. Financial details of the acquisition were not disclosed.  - Spun out of Mount Sinai Health System, Rx.Health offers a low-code, no-code clinical care coordination platform that helps health systems, payors, and life science organizations streamline their end-to-end patient care efforts,
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Annalise.ai Launches AI-Powered Worklist Triage for Chest X-Ray & Head CTs

by Fred Pennic 11/01/2023 Leave a Comment

Annalise.ai Launches AI-Powered Worklist Triage for Chest X-Ray & Head CTs

What You Should Know:  - Annalise.ai, a global leader in the radiology imaging sector, announced the launch of Annalise Triage, an AI-powered worklist solution for chest X-rays and head CTs tailored specifically for the U.S. market.  - This innovative software will transform the radiology field by empowering radiologists to efficiently triage studies and prioritize those with suspected critical findings, ultimately streamlining their workflow, and supporting faster
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Guardant Health, Flatiron Health Integrate Genomic Profiling Tests into OncoEMR® Platform

by Jasmine Pennic 10/31/2023 Leave a Comment

Guardant Health, Flatiron Health Integrate Genomic Profiling Tests into OncoEMR® Platform


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Olive Shutters Business After Sale to Waystar and Humata Health

by Fred Pennic 10/31/2023 Leave a Comment

Olive Secures $400M At A $4B Valuation to Support New Instant Claim Payment Solution

What You Should Know:  - Healthcare automation company Olive today announced it will shut down its business after selling its Clearinghouse and Patient Access business units to Waystar and its Prior Authorization business unit to Humata Health. Olive sold off its utilization management solution and business unit to Availity and business intelligence solution to BurstIQ earlier this year. - Founded in 2012, Olive is a developer of an artificial intelligence workforce, automated
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