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Health IT | News, Analysis, Insights - HIT Consultant

Centivo Appoints Sarah Fraser as First Chief Financial Officer

by Healthcare Executive Hires 05/08/2025 Leave a Comment

Centivo Appoints Sarah Fraser as First Chief Financial Officer

What You Should Know:  - Centivo, a pioneering healthcare company dedicated to making quality healthcare radically affordable, today announced the strategic appointment of Sarah Fraser as its new Chief Financial Officer.  - In her new capacity, Fraser will spearhead Centivo’s capital markets strategy, managing critical banking, debt, and equity relationships. She will also apply a rigorous, data-driven strategic approach to financial performance across various customer segments,
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Cedars-Sinai Partners with Redesign Health to Launch Digital Innovation Platform

by Fred Pennic 05/07/2025 Leave a Comment

Cedars-Sinai Partners with Redesign Health to Launch Digital Innovation Platform

What You Should Know:  - Cedars-Sinai today announced the launch of a new Digital Innovation Platform, a significant initiative aimed at developing transformative solutions for some of the most critical issues facing the U.S. healthcare system.  - The platform will harness Cedars-Sinai's renowned clinical expertise, extensive infrastructure, research capabilities, and vast data resources to build innovative healthcare companies in collaboration with its staff, investors, and the
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TSOLife Secures $43M to Revolutionize Senior Living Experience

by Syed Hamza Sohail 05/07/2025 Leave a Comment

TSOLife secures $40M+ to transform senior living communities through data + AI

What You Should Know: -  TSOLife, the leading resident insight and experience platform for senior living operators, has completed a $43M Series B funding round to further revolutionize senior living. - The round, led by PeakSpan Capital, elevates the company’s total funding to $52M since 2022. The company plans to use this growth capital to deepen its mission of delivering data-driven and AI-powered operational improvements in senior living communities. Redefining The Senior Living
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Carta Healthcare Secures $18.25M for AI-Powered Clinical Data Abstraction

by Syed Hamza Sohail 05/07/2025 Leave a Comment

Carta Healthcare Secures $18.25M for AI-Powered Clinical Data Abstraction

What You Should Know: - Carta Healthcare, a leading provider of AI-powered clinical data abstraction, today announced it has secured $18.25 million in Series B1 financing. -  This investment will accelerate the company’s growth as demand surges among health systems and life sciences organizations for AI-driven innovation that transforms clinical data into valuable insights. Carta Healthcare Secures Strategic Investment to Expand AI-Powered Clinical Data Solutions Carta Healthcare, a
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AI Assistant Shows Promise in Easing Value-Based Care Burdens for Physicians, Study Finds

by Fred Pennic 05/07/2025 Leave a Comment

AI Assistant Shows Promise in Easing Value-Based Care Burdens for Physicians, Study Finds

What You Should Know:  - A year-long study by Phyx Primary Care, a non-profit innovation lab, has revealed that an AI Assistant can significantly help physicians navigate the complexities of value-based care (VBC) while simultaneously reducing associated administrative burdens and burnout.  - The research evaluated Navina’s AI Copilot, a tool designed to synthesize fragmented patient data into actionable insights at the point of care, supporting clinical decision-making,
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Two in Five US Healthcare Providers Are Advanced Practice Providers: New Workforce Trends Emerge

by Fred Pennic 05/07/2025 Leave a Comment

What You Should Know:  - A significant shift is underway in the U.S. healthcare workforce, with non-physician advanced practice providers (APPs) now constituting two out of every five healthcare providers (40.6%).  - This continued growth, highlighted in the latest quarterly Physician Flash Report from Kaufman Hall, a Vizient company, coincides with mounting financial pressures on physician practices and evolving operational dynamics in hospitals. - Kaufman
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Vitable Health Acquires Liferaft’s HRA Platform to Tackle Small Business Healthcare Crisis

by Jasmine Pennic 05/07/2025 Leave a Comment

What You Shoiuld Know:  - Vitable Health, a prominent all-in-one health benefits platform announced its strategic acquisition of Liferaft's Health Reimbursement Arrangement (HRA) platform.  - The strategic acqusition positions Vitable Health to launch what it describes as the first unified platform aimed at solving the "Impossible Triangle" of employee healthcare – balancing cost, coverage, and administrative burden – particularly for small to medium-sized businesses
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The Silent Toll of Staffing Shortages in Healthcare

by Inger Sivanthi, CEO at Droidal 05/07/2025 Leave a Comment

The Silent Toll of Staffing Shortages in Healthcare

Whether you are a healthcare provider or just a concerned citizen, you probably have come across those alarming headlines about the rising healthcare costs in the US. One of the main reasons behind this is the staffing shortage in the healthcare industry. The Association of American Medical Colleges (AAMC) estimates that the shortage of physicians may reach around 124,000 by 2034 in the United States alone. This shortage doesn’t just impact healthcare facilities but the patients who rely on them
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WeightWatchers Files for Bankruptcy to Eliminate $1.15B in Debt

by Jasmine Pennic 05/06/2025 Leave a Comment

WeightWatchers Files for Bankruptcy to Eliminate $1.15B in Debt

What You Should Know:  - WeightWatchers, today announced a significant financial reorganization transaction designed to strengthen its balance sheet, enhance investment in strategic growth areas, and continue serving its global member base.  - The move will see the Company eliminate $1.15B in debt, positioning WeightWatchers for sustained long-term growth and success. - WeightWatchers aims to accelerate its ongoing transformation plan. Key focus areas include innovating its
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Q/A: Kinetik CEO Sufian Chowdhury on Fighting NEMT Fraud & Waste

by Fred Pennic 05/06/2025 Leave a Comment

Kinetik CEO Sufian Chowdhury on Fighting NEMT Fraud & Waste

Non-Emergency Medical Transportation (NEMT) provides a critical lifeline for millions of Medicaid recipients across the United States, ensuring access to vital medical care. However, this essential service operates within a highly fragmented landscape, often relying on antiquated technology or manual processes, making it susceptible to significant fraud, waste, and abuse – a long-standing challenge nationwide. Addressing these inefficiencies and enhancing system integrity is crucial for both
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