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Health IT | News, Analysis, Insights - HIT Consultant

Aledade Expands Humana Value-Based Care Agreement to Serve FQHCs

by Fred Pennic 03/20/2025 Leave a Comment

Aledade Expands Humana Value-Based Care Agreement to Serve FQHCs

What You Should Know:  - Aledade has announced an expanded collaboration with Humana, designed to bolster the ability of Federally Qualified Health Centers (FQHCs) and rural health clinics to succeed in value-based care.  - The enhanced partnership aims to improve health outcomes, enhance quality of life, and increase healthcare affordability and accessibility for patients. Empower FQHCs and Rural Clinics in Value-Based Care By providing upfront resources, comprehensive
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Kodiak Solutions Appoints Ankit Sharma as First Chief Technology Officer

by Healthcare Executive Hires 03/20/2025 Leave a Comment

Kodiak Solutions Appoints Ankit Sharma as First Chief Technology Officer

What You Should Know:  -  Kodiak Solution announced the appointment of Ankit Sharma as its first Chief Technology Officer (CTO).  - Sharma will lead Kodiak's product strategy and engineering initiatives, bringing over a decade and a half of experience in serving healthcare revenue cycle management (RCM) teams. Sharma Bio/Background Sharma joins Kodiak Solutions from Millennia, a patient payment solution provider for healthcare organizations, where he served as CTO
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Proscia Secures $50M to Accelerate AI-Driven Digital Pathology

by Fred Pennic 03/19/2025 Leave a Comment

FDA Clears Proscia's AI-Powered Digital Pathology Solution for Cancer Diagnosis

What You Should Know:  - Proscia, a software company focused on digitizing and applying AI to pathology, has announced a $50M funding round, bringing its total capital raised to $130M.  - The funding, led by Insight Partners, AI Capital Partners, and Triangle Peak Partners, will be used to further expand the adoption of Proscia's platform, integrate more AI capabilities, and leverage strategic OEM partnerships with industry giants like Agilent Technologies and Siemens
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AdvancedMD Appoints New CEO and CFO Following Francisco Partners Acquisition

by Healthcare Executive Hires 03/19/2025 Leave a Comment

AdvancedMD Announces New CEO and CFO Following Francisco Partners Acquisition

What You Should Know:  - AdvancedMD, a provider of cloud-based healthcare software for independent medical practices, has announced significant leadership changes following its acquisition by Francisco Partners, which closed in December 2024.  - Amanda Sharp has been promoted to Chief Executive Officer, and Bryan Hunt has joined the company as Chief Financial Officer. Amanda Sharp Bio/Background Amanda Sharp, who has been instrumental in AdvancedMD's growth and strategy,
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CityMD Partners with Notable to Enhance Urgent Care Experience with AI Automation

by Fred Pennic 03/19/2025 Leave a Comment

CityMD Partners with Notable to Enhance Urgent Care Experience with AI Automation

What You Should Know:  - Notable, a healthcare AI platform focused on boosting workforce productivity, has announced a strategic partnership with CityMD, the largest urgent care provider in New York and New Jersey.  - The collaboration will see CityMD deploy Notable’s AI and automation technology across its network of over 180 locations, aiming to improve patient access, streamline operations, and alleviate the administrative burden associated with walk-in care. Transform
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Canvas Medical Launches Hyperscribe, an Open Source AI Copilot for Clinicians

by Syed Hamza Sohail 03/19/2025 Leave a Comment

Canvas Medical Launches Hyperscribe, an Open Source AI Copilot for Clinicians

What You Should Know: - Canvas Medical, the EMR company accelerating everyday medicine, today announced the launch of Hyperscribe, an open source artificial intelligent (AI) copilot that uses ambient audio to write clinical documentation and orders collaboratively with other AI agents. -  Built with the Canvas software development kit (SDK), Hyperscribe leverages instant access to complete patient medical data, continuous real-time event streams and agentic control of the Canvas
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Using AI to Drive Strategic Surgical Growth in Hospital Operations

by David Atashroo MD, Chief Clinical Officer, Qventus 03/17/2025 Leave a Comment

Using AI to Drive Strategic Surgical Growth in Hospital Operations

Perioperative services at better-performing hospitals can contribute up to 68% of a hospital’s revenue, and up to 60% of a hospital’s operating margin. So, it’s not surprising that health system executives are laser-focused on increasing efficiency and utilization.  However, in the pursuit of higher profit margins, many executives are committing a fatal flaw that actually limits their opportunity to foster sustainable, significant expansion: pinning their growth goals on a hope strategy,
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5 Million Adults Could Lose Medicaid Under Work Requirements in 2026

by Fred Pennic 03/17/2025 Leave a Comment

5 Million Adults Could Lose Medicaid Under Work Requirements in 2026

What You Should Know:  - Proposed work requirements for Medicaid could lead to millions of Americans losing their health insurance, according to a new analysis by the Urban Institute with support from the Robert Wood Johnson Foundation.   - The analysis projects that 4.6 to 5.2 million adults living in states that expanded Medicaid could lose their coverage in 2026 if work requirements are enacted.  Key Findings Researchers caution that if work requirements were applied to
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Bharat Sundaram Named CEO of Hallmark

by Healthcare Executive Hires 03/17/2025 Leave a Comment

Bharat Sundaram Named CEO of Hallmark

What You Should Know:  - Hallmark, a prominent healthcare workforce management technology company, has announced  the appointment of Bharat Sundaram as its new Chief Executive Officer.   - Sundaram succeeds Bruce Cerullo, who will remain on the Board of Directors and serve as a Strategic Advisor to the company. Sundaram Bio/Background Bharat Sundaram is described as a seasoned healthcare technology executive with extensive experience gained from roles at Vizient,
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Nimblemind.ai Secures $2.5M for AI-Powered Data Infrastructure Platform

by Jasmine Pennic 03/17/2025 Leave a Comment

Nimblemind.ai Secures $2.5M for AI-Powered Data Infrastructure Platform

What You Should Know:  - Nimblemind.ai, an innovative AI-powered data infrastructure platform secures $2.5M in funding led by Bread & Butter Ventures, with participation from prominent investors including Great Oaks Venture Capital, SpringTime Ventures, Stone Mountain Ventures, Victorum Capital, Techstars, and strategic healthcare angel investors. - The  funding will enable Nimblemind.ai to further develop its technology and expand its reach, making healthcare data
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