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Health IT | News, Analysis, Insights - HIT Consultant

Labcorp Launches GenAI Tool to Simplify Lab Test Selection for Healthcare Providers

by Fred Pennic 07/30/2025 Leave a Comment

Labcorp Launches GenAI Tool to Lab Test Selection for Healthcare Providers

What You Should Know:  - Labcorp announced the launch of Test Finder, a first-of-its-kind generative AI tool developed with Amazon Web Services (AWS).  - Designed to simplify lab test selection, Test Finder enables healthcare providers to ask questions or describe conditions in plain language and receive curated test recommendations, thereby enhancing the user experience and freeing up more time for patient care. Critical Role of Laboratory Testing in Healthcare Laboratory
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Disconnected Systems Are Undermining Hospital Foodservice — and Patient Care

by Arun Ahuja, SVP General Manager, Healthcare Corporate at Transact CBORD 07/30/2025 Leave a Comment

Disconnected Systems Are Undermining Hospital Foodservice — and Patient Care

Hospital foodservice might not immediately spring to mind when you think of the patient experience. Yet, for patients, meals are one of the few opportunities to exercise choice— something that matters deeply in a setting where most decisions are made for them. Three times a day, the people who deliver those meals offer something rare in healthcare—a reason to smile.  For hospital foodservice teams, the daily demands are relentless, and expectations remain high. Unfortunately, many teams
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White House Event Unveils CMS Health Tech Ecosystem Initiative

by Fred Pennic 07/30/2025 Leave a Comment

White House Event Unveils CMS Health Tech Ecosystem Initiative

What You Should Know:  - The U.S. Department of Health and Human Services (HHS) today announced significant progress towards building a smarter, more secure, and more personalized healthcare experience, driven by a new partnership with innovative private sector companies.  - During a White House “Make Health Tech Great Again” event hosted with the Centers for Medicare & Medicaid Services (CMS), the Administration secured commitments from major healthcare and information technology
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C8 Health Raises $12M to Expand Best Practices Implementation Platform for Clinical Teams

by Fred Pennic 07/30/2025 Leave a Comment

C8 Health Raises $12M to Expand Best Practices Implementation Platform for Clinical Teams

What You Should Know:  - C8 Health, a best practices implementation platform for healthcare, today announced a $12M Series A funding round led by Team8, with participation from 10D and Vertex Ventures Israel. The latest round brings C8’s total funding to $18M.  - The investment aims to bridge the significant gap between evidence and practice in healthcare, providing clinicians with instant, contextual access to vetted, site-specific knowledge. New Standard for Best Practices
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Healthcare Investment Shifts in 1H 2025: AI Remains a Bright Spot Amidst Fundraising Decline

by Fred Pennic 07/30/2025 Leave a Comment

Digital Health Faces Q2'25 Pullback: Funding Falls to 5-Year Low, But AI Dominates and $1B+ IPOs Emerge

What You Should Know:  - After a strong start to the year, the digital health sector experienced a significant pullback in Q2 2025, with deal volume declining to its lowest quarterly activity level in the last five years, according to the latest report from Silicon Valley Bank (SVB).  - The report, Mid-Year Healthcare Investment and Exits Report reveals growing investor selectivity and capital concentration in fewer, high-conviction bets amidst ongoing global economic
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LCP Health Analytics and COTA Partner to Advance Real-World Data Use in Cross-Border Oncology HTAs

by Syed Hamza Sohail 07/30/2025 Leave a Comment

COTA, LCP partner to leverage US RWD for international health tech assessments (HTAs)

What You Should Know: What You Should Know: – LCP Health Analytics   is partnering with COTA to explore how US real-world data (RWD) can support health technology assessments (HTA) in the United Kingdom (UK) and European Union (EU). –  With growing recognition that European patients may be underserved by delays in accessing new health technologies, this initiative explores whether deidentified US multiple myeloma patient data can be leveraged to inform
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Ambience Healthcare Raises $243M to Expand Clinical Ambient AI Platform

by Fred Pennic 07/29/2025 Leave a Comment

Ambience Healthcare Launches Automated AI Medical Scribe Platform

What You Should Know:  - Ambience Healthcare, an ambient AI platform for documentation, coding, and clinical documentation integrity (CDI), today announced a $243M Series C funding round.  - Co-led by Oak HC/FT and Andreessen Horowitz (a16z), the round saw participation from existing investors including the OpenAI Startup Fund, Kleiner Perkins, and Optum Ventures.  - New investors include Frist Cressey Ventures, Town Hall Ventures, Smash Capital, Georgian, and Founders
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Ledger Lines to Neural Nets: Re-engineering Medical Coding for the GPU Age

by Jot Sarup Singh Co-founder and CPTO at RapidClaims 07/29/2025 Leave a Comment

Ledger Lines to Neural Nets: Re-engineering Medical Coding for the GPU Age

In 1971, a small team at Boston’s Beth Israel Hospital, led by Dr. Howard Bleich and Dr. Warner Slack, booted up the hospital’s first Center for Clinical Computing. Their PDP-11 minicomputer stored lab results and a few hundred ICD-8 codes on nine-track tape. Each evening, residents lined up to run charge‐slip reports and marvel at the glow of the terminal. Fifty years later, we still tabulate charges, but the code set has grown from those few hundred entries to nearly 70,000 in ICD-10-CM,
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Arbital Health Secures $31M to Accelerate Value-Based Care Contracting

by Fred Pennic 07/29/2025 Leave a Comment

Arbital Health Secures $31M to Accelerate Value-Based Care Contracting

What You Should Know:  - Arbital Health, a healthcare technology company providing critical infrastructure for providers and payers to successfully manage risk-based contracts secures $31M in Series B funding round led by Valtruis, with participation from existing investors Transformation Capital, Shaper Capital, and Healthy Ventures.  - The investment will expand Arbital Health’s payer and provider facing capabilities, accelerate value-based care contract performance monitoring,
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JotPsych Raises $5M to Build First Fully Agentic EHR for Behavioral Health

by Fred Pennic 07/29/2025 Leave a Comment

JotPsych Raises $5M to Build First Fully Agentic EHR for Behavioral Health

What You Should Know:  - JotPsych, creator of the leading AI-powered scribe for behavioral health, today announced it has raised $5M in seed funding led by Base10 Partners.  - The investment positions JotPsych to rapidly transform from a best-in-class AI scribe into the first fully agentic Electronic Health Record (EHR), aiming to fundamentally eliminate administrative tasks for behavioral health clinicians. From AI Scribe to Agentic EHR: Accelerating Transformation Founded
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