What You Should Know:
- A new report from Trilliant Health paints a grim picture of the US healthcare system, highlighting escalating costs and worsening health outcomes despite increased spending.
- The 2024 Trends Shaping the Health Economy Report serves as a wake-up call for the US healthcare system. It underscores the urgent need for stakeholders to address the unsustainable cost trajectory and prioritize initiatives that genuinely improve health outcomes.
Key
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Health IT | News, Analysis, Insights - HIT Consultant
Mary Washington Healthcare Outsources Revenue Cycle Operations with Ensemble
What You Should Know:
- Mary Washington Healthcare (MWHC) has selected Ensemble, a provider of revenue cycle management solutions to outsource revenue cycle operations.
- The RCM outsourcing agreement will leverage Ensemble's innovative technologies and expert team to enhance MWHC's financial performance and elevate the patient financial experience.
Ensemble's Proven Track Record
With the addition of MWHC, Ensemble now manages an impressive $35 billion in annual net
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Yung Sidekick Raises $825K for AI-Powered Progress Notes for Therapists
What You Should Know:
- Yung Sidekick, a US-based mental health startup, announced it has raised $825K in pre-seed funding to advance its AI-powered platform that automates administrative tasks, such as note-taking, for mental health professionals.
- The round was led by Altair Capital and Ultra.VC, with participation from other VCs and angel investors. The funding will enable Yung Sidekick to accelerate its product development and roll out new features that will streamline supervision,
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Pager Health Reimagines Personalized Healthcare with Generative AI
What You Should Know:
- Pager Health, a connected health platform company serving more than 26 million members in the United States and Latin America, today announced the launch of ReallyWellSM.
- Combining clinical support, wellness services and contextual navigation, ReallyWell leverages generative AI to conduct deep-dive analyses of all-encompassing data sets for each member and patient, creating an unprecedented, one-size-fits-one personalized engagement experience for
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HHAeXchange Acquires Sandata Technologies: Expanding Homecare Solutions
What You Should Know:
- HHAeXchange, a provider of homecare management solutions, announced today its acquisition of Sandata Technologies, a veteran in the homecare industry with four decades of experience. Financial details of the acquisition were not disclosed.
- The strategic move strengthens HHAeXchange's position in the rapidly growing home and community-based services (HCBS) market, where demand for personal care aides is projected to increase by 43% between 2020 and
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How Real-Time Location Systems (RTLS) Can Revitalize Healthcare Teams
The safety and well-being of patients and staff have become one of the main challenges in the healthcare industry, as high-quality patient care depends on variables such as organizational processes, system implementation, accuracy of data insights, and support for health professionals. Studies have shown that these factors significantly influence patient safety and outcomes. The industry has been striving to recognize and address these challenges in recent years by pursuing the Triple Aim (the
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Claimable Launches AI-Powered Appeals Platform to Fight Unjust Healthcare Denials
What You Should Know:
- Claimable, a healthcare technology innovator, is taking on the pervasive issue of healthcare claim denials with the launch of its AI-powered appeals platform.
- This solution leverages advanced AI to analyze clinical research, policy details, appeals data, and patients' individual medical circumstances to generate and submit customized appeals in mere minutes.
Combating a Broken System
The U.S. healthcare system is plagued by an alarming rate of
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RXNT Acquires Scalabull to Streamline EHR Connectivity with Labs and Radiology
What You Should Know:
- RXNT, a Maryland-based healthcare technology leader, is continuing its path of accelerated growth with the acquisition of Scalabull, a nationwide interfacing network.
- The strategic move strengthens RXNT's ability to connect Electronic Health Record (EHR) systems with clinical laboratories and radiology facilities, streamlining critical diagnostic processes for healthcare providers across the U.S.
Scalabull: Simplifying Diagnostic
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Kettering Health Partners with Story Health to Improve Heart Failure Care
What You Should Know:
- Heart failure patients navigating their condition face multiple issues, including daily care management and monitoring, as well as risk of hospitalization. To improve the care experience for patients living with heart failure, Kettering Health has partnered with Story Health, a digital health company transforming specialty care delivery.
- For Kettering Health patients who opt into the program, Story Health will collaborate with Kettering Health providers for
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Connie Health Acquires Keen Insurance Services, Expands Reach to Empower Seniors in Navigating Medicare
What You Should Know:
- Connie Health, a Boston-based tech-enabled Medicare navigation platform, today announced that it has acquired Keen Insurance Services, a company built at Redesign Health.
- The acquisition will strengthen Connie Health’s commitment to expanding its reach and helping seniors across the U.S. make informed healthcare decisions.
Meeting the Growing Demand for Personalized Medicare Guidance
This strategic acquisition comes at a time of significant
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