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Health IT | News, Analysis, Insights - HIT Consultant

Humata Health Secures $25M for AI-Powered Prior Authorization

by Fred Pennic 06/20/2024 Leave a Comment

Humata Secures $25M for AI-Powered Prior Authorization

What You Should Know:  - Humata Health, a company revolutionizing prior authorizations in healthcare with AI and automation raises $25M co-led by Blue Venture Fund and LRVHealth with participation from Optum Ventures, .406 Ventures, Highmark Ventures, and VentureforGood further demonstrates the widespread support for Humata's innovative approach.  - With this significant investment, Humata Health will expand its AI capabilities, broaden its provider base, and partner with payers to
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Emergency Services to Deploy Augmedix Generative AI Solution to Relieve Clinician Burnout in ED

by Fred Pennic 06/20/2024 Leave a Comment

Augmedix Launches GenAI-Powered, Medical Documentation Solution for Emergency Departments

What You Should Know:  - Emergency room physicians in central Ohio are getting a helping hand from artificial intelligence (AI). Emergency Services Inc. (ESI), a physician-owned group serving the second-largest healthcare system in the region, has announced the deployment of Augmedix Go ED, an AI-powered medical documentation solution. - Developed by Augmedix (Nasdaq: AUGX), a leader in AI for healthcare documentation, Augmedix Go ED is the first of its kind. This innovative system
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Carolina Caring to Bring Virtual Reality Experiences to Seniors

by Fred Pennic 06/20/2024 Leave a Comment

Carolina Caring to Bring Virtual Reality Experiences to Seniors

What You Should Know:  - Rendever, a virtual reality (VR) company focused on enhancing the lives of older adults, announced a partnership with Lenovo to bring VR experiences to patients at Carolina Caring, a non-profit healthcare provider.  - The strategic collaboration aims to improve the quality of life for seniors by offering them immersive and engaging VR experiences, even if their physical mobility is limited. Expanding Seniors' Horizons Through VR Rendever's VR
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AI in Healthcare: Enhancing Data Quality & Reducing Clinician Burden

by Jay Anders, MD, Chief Medical Officer, Medicomp Systems 06/19/2024 Leave a Comment

AI in Healthcare: Enhancing Data Quality & Reducing Clinician Burden

Healthcare is on the cusp of a transformative era, with artificial intelligence (AI) and large language models (LLMs) demonstrating remarkable potential in streamlining clinical documentation, quality measurement, and medical coding. As these technologies mature, forward-thinking healthcare provider organizations are exploring ways to leverage AI to improve data quality, reduce clinician burden, and ultimately enhance patient care. AI's Role in Clinical Documentation and Coding AI, through
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Alarming Nurse Shortage Threatens Healthcare System, But Solutions Emerge

by Fred Pennic 06/19/2024 Leave a Comment

Alarming Nurse Shortage Threatens Healthcare System, But Solutions Emerge

What You Should Know:  - A new report by Incredible Health, the leading platform for connecting nurses with healthcare employers, paints a concerning picture of the American healthcare system. The report, titled "2024 Healthcare Executive Report," reveals a crisis brewing – a deepening shortage of nurses that threatens patient care. - The US healthcare system is projected to face a staggering shortage of 1 million nurses by 2030. This alarming gap stems from a growing patient
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Q/A: Experian Health’s CPO Talks State of Patient Access

by Syed Hamza Sohail 06/19/2024 Leave a Comment

Q/A: Experian Health’s CPO Talks Patient Access & the Health-Tech Nexus

Experian Health, a provider of solutions in revenue cycle management, identity management, patient engagement, and care management, plays a pivotal role in transforming the healthcare landscape. By leveraging advanced data analytics and innovative technology, Experian Health aids healthcare organizations in improving operational efficiency and enhancing patient access to care. The company has just released its annual “State of Patient Access Survey,” which reveals a notable shift from last
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Hospital Leaders Grapple with Workforce Shortages, Tech Risks, and Financial Pressures: FTI Consulting Survey

by Fred Pennic 06/19/2024 Leave a Comment

What You Should Know:  - FTI Consulting's inaugural Hospital Operations Outlook Survey paints a picture of a healthcare industry navigating a complex post-pandemic environment. While hospitals strive to meet the evolving needs of patients and communities, they grapple with significant challenges, including workforce shortages, financial pressures, and the ever-present threat of cyberattacks. - The FTI Consulting survey unveils the multifaceted challenges and opportunities facing
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WakeMed Deploys Real-Time Care Intelligence to Enhance Care Coordination

by Syed Hamza Sohail 06/19/2024 Leave a Comment

WakeMed Deploys Real-Time Care Intelligence to Enhance Care Coordination

What You Should Know: -              Bamboo Health, the leader in Real-Time Care Intelligence™, has teamed up with WakeMed, a nationally recognized 970-bed not-for-profit health care system founded and based in Raleigh, N.C., to enhance care collaboration and further improve patient care outcomes. -              By integrating a suite of cohesive Bamboo
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Telepsychiatry Practice Talkiatry Secures $130M to Expand Value-Based Mental Healthcare Model

by Fred Pennic 06/18/2024 Leave a Comment

Telepsychiatry Practice Talkiatry Secures $130M to Expand Value-Based Mental Healthcare Model

What You Should Know:  - Talkiatry, a leading provider of high-quality, in-network psychiatric care raises $130M led by Andreessen Horowitz (a16z) with participation from Perceptive Advisors and debt financing from Banc of California.  - Talkiatry boasts in-network status with over 60 health plans, including major insurers like Aetna, Blue Cross Blue Shield, and United Healthcare. This covers over 70% of commercially insured individuals in the US.  - With this new
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Salesforce Launches AI-Powered Life Sciences Cloud for Pharma and MedTech

by Fred Pennic 06/18/2024 Leave a Comment

Salesforce Launches AI-Powered Life Sciences Cloud for Pharma and MedTech

What You Should Know:  - Salesforce announced the general availability of Life Sciences Cloud, a platform for pharmaceutical (pharma) and medical technology (medtech) organizations to help personalize patient and healthcare professional (HCP) engagement and streamline clinical operations with data, automation, and trusted AI. - By harnessing the power of AI and automation, it empowers pharma and medtech companies to streamline operations, improve patient care, and ultimately
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