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Health IT | News, Analysis, Insights - HIT Consultant

Claimable Launches AI-Powered Appeals Platform to Fight Unjust Healthcare Denials

by Fred Pennic 10/03/2024 Leave a Comment

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

by Fred Pennic 10/03/2024 Leave a Comment

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

by Syed Hamza Sohail 10/02/2024 Leave a Comment

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

by Health M&A 10/02/2024 Leave a Comment

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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WakeMed Taps Helix to Launch Precision Medicine Program

by Fred Pennic 10/02/2024 Leave a Comment

WakeMed Taps Helix to Launch Precision Medicine Program

What You Should Know:  - Helix, a leader in precision health, and WakeMed, a renowned not-for-profit health system in Raleigh, N.C., are joining forces to launch a large-scale precision medicine program in Wake County.  - The precision medicine initiative aims to improve health outcomes for residents by providing access to personalized genetic insights, enhancing disease prevention efforts, and supporting local health research. A Community-Wide Effort to Transform
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Surescripts Secures Investment from TPG for Acclerated Growth

by Fred Pennic 10/02/2024 Leave a Comment

Surescripts Secures Investment from TPG to Accelerate Healthcare Innovation

What You Should Know:  - Surescripts, the nation's leading health information network, announced today that TPG Capital, the U.S. and European private equity platform of global alternative asset firm TPG, will become a majority investor.  - This strategic partnership with TPG will enable Surescripts to expand its impact and accelerate the development of innovative solutions that address critical healthcare needs.  Focus on Enhancing Patient Care and Streamlining
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VisiQuate Acquired by Accel-KKR to Tackle Healthcare’s Revenue Leakage Crisis

by Fred Pennic 10/01/2024 Leave a Comment

VisiQuate Acquired by Accel-KKR

What You Should Know:  - VisiQuate, a provider of advanced revenue cycle analytics, AI-powered workflow, and automation solutions, today announced its acquisition by Accel-KKR, a global technology-focused investment firm.  - The strategic acquisition marks a significant milestone for VisiQuate, enabling the company to leverage Accel-KKR's resources and expertise to further its growth and innovation in the healthcare revenue cycle management (RCM) space. Addressing Healthcare's
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Epic Declines to Appeal Carequality Resolution in Dispute with Particle Health

by Fred Pennic 10/01/2024 Leave a Comment

Epic Challenges Particle Health Over Data Access Practices

What You Should Know:  - In an ongoing dispute over patient data privacy, Epic Systems has announced it will not appeal the Carequality Steering Committee's resolution, urging Particle Health to do the same and allow for the immediate release of the full resolution document. Background of the Dispute The dispute arose earlier this year when Epic, acting on behalf of its customer governing council, filed a complaint with Carequality against Particle Health. Epic alleged that certain
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StrataPT Secures $25M to Expand Billing-Aware Platform for PT Practices

by Syed Hamza Sohail 10/01/2024 Leave a Comment

StrataPT Secures $25 to Expand Billing-Aware Platform for PT Practices

What You Should Know: -  StrataPT, the only billing-aware practice management platform for outpatient therapy clinics, is announcing it has secured $25M in financing led by Council Capital. - The funding comes as StrataPT experiences explosive growth led by demand for its SaaS-based platform that combines Electronic Medical Records (EMR), Revenue Cycle Management (RCM), billing, and collections into a single solution that helps practitioners improve cash flow and focus on patient
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Nym Raises $47M to Expand Autonomous Medical Coding Engine

by Syed Hamza Sohail 10/01/2024 Leave a Comment

Nym Raises $47M to Expand Autonomous Medical Coding Engine

What You Should Know: - Nym, a leader in autonomous medical coding, today announced a $47 million growth investment led by PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies. -  The new funding includes participation from existing investors Google Ventures, Addition, and Dynamic Loop Capital.Additional terms of the transaction were not disclosed. Nym: Revolutionizing Healthcare with Autonomous Medical Coding
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Evernorth Health Services Invests $3.5B in Shields Health Solutions

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KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

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Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

M&A:Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

Femtech: Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

Healthcare C-Suite Acknowledges AI Potential but Lacks Trust

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