The U.S. healthcare system is drowning in paperwork. McKinsey estimates spending on healthcare administration to be over $950 billion annually. More importantly, the time required for administration takes away from patient care, as the average physician spends 15.5 hours per week on administrative tasks. The complexity of healthcare administration is estimated to cost $68,000 per physician per year. While the United States continues to lead in medical advancements and leading-edge treatments,
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Digital Health | News, Analysis, Insights - HIT Consultant
Amperos Health Launches AI Biller for Healthcare Provider Claims Denials and Collections
What You Should Know:
- Today Amperos Health (Amperos) announces the launch of the world’s first multi-modal AI biller for healthcare providers, designed to combat denials and collect unpaid claims for revenue cycle management (RCM) teams.
- With teams drowning in manual tasks to just gather the information needed to work denials, Amperos stands alone with its multi-modal platform, putting its AI coworker Amanda to work across both calling and insurance portals.
Amperos Health:
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Welldoc to Power New Lilly Health™ App with AI-Driven Cardiometabolic Digital Health Platform
What You Should Know:
- Welldoc® today announced it will provide the technological foundation for the newly launched Lilly Health™ Personalized Health & Medicine Platform (Lilly Health app).
- The Lilly Health app, developed by Eli Lilly and Company, is designed to offer a tailored patient experience for individuals interested in or currently using Lilly’s incretin-based therapies for conditions such as obesity, type 2 diabetes, and moderate-to-severe obstructive sleep
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FDA Approves Drug-Free AI-Powered Wearable for Nasal Congestion for Kids
What You Should Know:
- SoundHealth, a medical technology company leveraging artificial intelligence and medical science, recently announced it has received U.S. Food and Drug Administration (FDA) approval for pediatric use of its SONU Band.
- The AI-enabled wearable device is now cleared as the first FDA-approved, drug-free solution for treating moderate to severe nasal congestion due to allergic and non-allergic rhinitis in children aged 12 and up, offering a safe alternative
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Quantum Health to Acquire Embold Health, Strengthening AI-Powered Healthcare Navigation
What You Should Know:
- Quantum Health (“Quantum”), the creator of healthcare navigation, today announced it has signed a definitive agreement to acquire Embold Health (“Embold”), a leading physician-led healthcare technology company.
- The strategic acquisition aims to deepen Quantum’s investment in AI-powered personalization, significantly enhancing its Real-Time Intercept® (RTI) and provider engagement capabilities.
- The combination aims to guide members to
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Virta Health Launches Cost Guarantee for GLP-1s & Weight Loss
What You Should Know:
- Virta Health, a provider of sustainable weight loss and diabetes reversal through a nutrition-first approach, today announced industry-first cost guarantees for its weight loss program.
- These guarantees aim to eliminate financial risk for employers and health plans by ensuring Virta’s program pays for itself while also reining in the escalating costs associated with GLP-1 medications, which are reportedly rising 70–200% annually across the industry.
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Net Health Acquires Limber Health to Expand “Hospital to Home” Care Solutions
What You Should Know:
- Net Health, a trusted source for specialized software solutions that empower restorative care providers announced its acquisition of Limber Health, a digital health company focused on hybrid musculoskeletal (MSK) solutions.
- The strategic acquisition leverages the complementary strengths of both companies to support clinicians and patients from “hospital to home,” aiming to create more effective hybrid care models and advance value-based
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Amazon Pharmacy Launches Caregiver Medication Management and Expands PillPack Access to Medicare Customers
What You Should Know:
- Amazon Pharmacy announced two significant enhancements designed to make medication management simpler, more accessible, and more convenient for millions of customers across the U.S..
- The company has introduced a new feature allowing caregivers to help manage medications for family members or loved ones, and has expanded access to its PillPack by Amazon Pharmacy service to customers with Medicare insurance.
These updates aim to remove common barriers
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Pyx Health Acquires FarmboxRx Fueled by $47.5M Investment
What You Should Know:
- Pyx Health, an engagement company focused on healthcare’s most vulnerable, hard-to-reach populations, today announced its acquisition of FarmboxRx, a leading healthcare food company that pioneered fresh fruits and vegetables as a covered health intervention.
- The acquisition was made possible by a $47.5 million investment from S2G Investments (“S2G”), a multi-stage investment firm focused on scaling solutions across food and agriculture, energy, and oceans, in
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H1 Acquires Veda to Solve Healthcare’s Provider Data Challenge and Power Better Care
What You Should Know:
- H1, on a mission to connect the world with the right doctors, today announced that it has acquired Veda Data Solutions, Inc. (Veda). Backed by notable investors like Oak HC/FT and HealthX, Veda provides accurate provider data and automation solutions to health insurance plans.
- This acquisition tackles one of healthcare's most fundamental challenges: ensuring accurate information about doctors is available so patients can find the right care.
H1 Advances
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