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Health IT | News, Analysis, Insights - HIT Consultant

Adonis Raises $31M to Expand AI-Powered Revenue Cycle Automation

by Fred Pennic 06/25/2024 Leave a Comment

Adonis Raises $31M to Expand AI-Powered Revenue Cycle Automation

What You Should Know:  - Adonis, a healthcare revenue intelligence and automation company raises $31M in Series B funding led by Point72 Private Investments, bringing Adonis’ total funding to $54M.  - With this new funding, Adonis plans to accelerate product innovation, expand its reach within health systems, and grow its team based in New York City.  This latest investment round follows a successful Series A round of $17.3M led by General Catalyst just twelve months ago.
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Children’s National Hospital Expands Use of Laudio Platform to Empower Nurse Educators and Combat Burnout

by Fred Pennic 06/25/2024 Leave a Comment

Children’s National Hospital Expands Partnership with Laudio

What You Should Know:  - Laudio, a leader in frontline leader solutions for healthcare systems, announced today the expansion of its partnership with Children's National Hospital, the premier pediatric health system in the Washington, D.C. area.  - The expansion brings nurse educators onto the Laudio platform, building upon the successful implementation with nurse managers in 2021. Streamlining Workflows and Boosting Engagement The Laudio platform offers a comprehensive
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HHS Finalizes Rules to Penalize Healthcare Providers Engaging in Information Blocking

by Fred Pennic 06/24/2024 Leave a Comment

What You Should Know:  - The U.S. Department of Health and Human Services (HHS) announced a new final rule today aimed at preventing information blocking in healthcare.  - The final rule establishes disincentives for healthcare providers who engage in practices that interfere with a patient's access to their electronic health information (EHI). What is Information Blocking? Information blocking occurs when a healthcare provider knowingly and unreasonably interferes with the
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Atropos Health Expands Evidence Network with 5 New Partners

by Fred Pennic 06/24/2024 Leave a Comment

Atropos Health Raises $30M to Improve Value-Based Care Through Real-World Evidence

What You Should Know:  - Atropos Health announced significant growth for its Atropos Evidence Network, adding new partners, a new customer, and a wider range of datasets.  - Atropos Health's expansion demonstrates its commitment to revolutionizing healthcare through real-world data and fostering a collaborative environment for evidence-based decision-making. More Data, More Possibilities The Atropos Evidence Network welcomes Forian and Syndesis Health, expanding the reach
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Is the Business of Healthcare Out of Control? Optimize Time and Reduce Administrative Burden with AI

by Amy Brown, founder and CEO of Authenticx 06/24/2024 Leave a Comment

Is the Business of Healthcare Out of Control? Optimize Time and Reduce Administrative Burden with AI

Juggling the administrative business of a complex healthcare system with administering patient care is an undeniable challenge. Healthcare professionals, such as nurses, feel that daily in their roles. The juggling act is increasingly driving reports of burnout and opening discussions around how administrative tasks and expectations have changed within our healthcare system.     Coming out of the 2020 pandemic, there were high levels of reported burnout across healthcare
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6 Ways AI is Reshaping Healthcare Diagnostics & Treatment

by Raman Parthasarathy, Business Unit Head, Fusemachines 06/21/2024 Leave a Comment

Of the many industries witnessing AI-led transformation, healthcare happens to be one. Today, AI’s promise in healthcare extends beyond automation-led operational and administrative efficiencies. It’s beginning to show a measurable impact directly on patient care and diagnosis. The AI in healthcare industry is predicted to reach $187.95 billion by 2030. Today, technology companies of all sizes are conducting AI-related research and development in healthcare. From IBM Watson’s diabetes and
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Deaconess Health System Delivers 24/7 Virtual Urgent Care Across 50 States via KeyCare

by Fred Pennic 06/21/2024 Leave a Comment

- Deaconess Health System, a healthcare provider serving over 1.5 million patients in Indiana, Illinois, and Kentucky, announced a collaboration with KeyCare. This partnership brings 24/7 virtual urgent care to Deaconess patients across all 50 states through MyChart, the health system's patient portal. - The partnership empowers Deaconess patients to receive high-quality urgent care for a variety of non-emergency conditions from the comfort of their homes, or wherever they may be. This
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BSIM Healthcare Services to Deploy Innovaccer’s AI Platform to Empower Value-Based Care for Underserved Communities

by Jasmine Pennic 06/21/2024 Leave a Comment

BSIM Healthcare Services to Deploy Innovaccer’s AI Platform to Empower Value-Based Care for Underserved Communities

What You Should Know:  - Innovaccer Inc., a healthcare artificial intelligence (AI) company, today announced a significant partnership with BSIM Healthcare Services.  - BSIM, dedicated to delivering high-quality care to underserved communities, will leverage Innovaccer's AI-powered platform to optimize its value-based care model and improve health outcomes for the populations it serves. BSIM Embraces Value-Based Care This collaboration marks a major step forward for BSIM as
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GE Healthcare & MediView Debut Augmented Reality System for Interventional Radiology

by Fred Pennic 06/20/2024 Leave a Comment

OmnifyXR Interventional Suite,

What You Should Know:  - Today, GE HealthCare (Nasdaq: GEHC) and MediView XR Inc. announced the successful launch of the OmnifyXR Interventional Suite, marking the first-ever clinical use of this innovative augmented reality (AR) technology. - North Star Vascular and Interventional in Minneapolis, Minnesota became the first medical facility to utilize OmnifyXR in real-world procedures. Dr. Jafar Golzarian, Professor of Radiology and founder of the clinic, successfully performed two
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AKASA Unveils Generative AI Coding Solution

by Syed Hamza Sohail 06/20/2024 Leave a Comment

AKASA Unveils Generative AI Coding Solution

What You Should Know: -              AKASA, the preeminent provider of end-to-end generative AI (GenAI) solutions for the revenue cycle, announced the release of AKASA Medical CodingTM, a first-of-its-kind GenAI assistant to transform the $23B medical coding field.  -              AKASA Medical Coding puts the power of GenAI at medical coders’ fingertips,
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