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Health IT | News, Analysis, Insights - HIT Consultant

Stanford Medicine Launches AI-Powered Consult to Improve Clinical Decisions + Outcomes

by Jasmine Pennic 07/10/2024 Leave a Comment

Stanford Medicine Launches AI-Powered Consult to Improve Clinical Decisions + Outcomes

What You Should Know:  - Stanford Medicine is revolutionizing the way community physicians deliver care with the launch of Patients Like Mine, a suite of services designed to equip them with the data and resources needed to provide high-quality, evidence-based treatment to their patients.  - By empowering community physicians with the tools and knowledge they need, this program has the potential to revolutionize healthcare delivery, ensuring high-quality, evidence-based care for
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HarmonyCares Secures $200M to Expand Access to In-Home Primary Care

by Fred Pennic 07/09/2024 Leave a Comment

HarmonyCares Secures $200M to Expand Access to In-Home Primary Care

What You Should Know:  - HarmonyCares, a provider of value-based in-home longitudinal care, raises $200M to make its integrated, physician-led in-home care model available to more vulnerable patients nationwide. - The funding round, led by General Catalyst, McKesson Ventures, and a large national payer, underscores the critical need to address the primary care access gap in the United States.  Addressing the Primary Care Gap for Vulnerable Populations A recent survey
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SAIGroup Acquires Get Well to Power Personalized Care with AI

by Fred Pennic 07/09/2024 Leave a Comment

SAIGroup Acquires Get Well to Power Personalized Care with AI

What You Should Know:  - Enterprise AI investment firm SAIGroup announced today the acquisition of Get Well, a leader in digital patient engagement.  - Get Well currently facilitates over 10 million patient interactions annually across more than 1,000 healthcare organizations. Financial details of the acquisition were not disclosed. Aligning with AI Leaders in Healthcare This acquisition strengthens SAIGroup's presence in the AI-powered healthcare landscape. Get Well joins
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Octagos Health Secures $43M to Power AI-Driven Cardiac Care

by Fred Pennic 07/09/2024 Leave a Comment

Octagos Health Secures $43M to Power AI-Driven Cardiac Care

What You Should Know:  - Octagos Health, a provider of AI-powered cardiac device monitoring solutions raises $43M in Series B funding led by funds managed by Morgan Stanley Expansion Capital with continued participation from Mucker Capital and other strategic investors.  - The investment fuels Octagos Health's mission to leverage artificial intelligence for transformative cardiac care and comprehensive patient monitoring. AI-Powered Cardica Care Octagos Health offers a
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Avesi Partners Closes $1.35B Fund for Healthcare and Business Services Investments

by Jasmine Pennic 07/09/2024 Leave a Comment

Avesi Partners Closes $1.35B Fund for Healthcare and Business Services Investments

What You Should Know:  - Avesi Partners LLC ("Avesi" or the "Firm"), a private equity firm specializing in healthcare and business services, announced today the successful closing of Avesi Partners Fund II LP ("Fund II") at $1.35 billion.  - Headquartered in Stamford, Connecticut with an office in Richmond, Virginia, Avesi Partners focuses on partnering with lower-middle market, privately held, and family-owned businesses. Their primary sectors of interest lie in healthcare
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Innovaccer, P3 Health Partners Team Up to Drive Value-Based Care for Medicare Patients

by Jasmine Pennic 07/09/2024 Leave a Comment

What You Should Know:  - Innovaccer Inc., a healthcare AI company, and P3 Health Partners (NASDAQ: PIII), a patient-centered population health management company, today announced a strategic partnership focused on revolutionizing care delivery for Medicare patients.  - By leveraging AI and data-driven insights, Innovaccer and P3 Health Partners aim to transform healthcare delivery for Medicare patients, leading to better outcomes, cost optimization, and a more positive experience
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UVM Health Network Selects Abridge AI to Boost Clinician Satisfaction by 53%

by Syed Hamza Sohail 07/09/2024 Leave a Comment

UVM Health Network Selects Abridge AI to Boost Clinician Satisfaction by 53%

What You Should Know: - Abridge, a leader in generative AI for clinical documentation, announced an enterprise-wide agreement with The University of Vermont Health Network. This integrated academic health system, serving over one million patients in Vermont and northern New York, selected Abridge following a comprehensive evaluation process involving 50 primary care providers assessing multiple solutions. - Clinicians at UVM Health Network have been using Abridge’s generative AI solution
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Healthcare Identity Crisis: How CIAM Saves Lives in the Digital Age

by Mifan Careem - Chief Solutions Officer and Head of Healthcare at WSO2 07/09/2024 Leave a Comment

Healthcare Identity Crisis: How CIAM Saves Lives in the Digital Age

In today’s rapidly evolving healthcare landscape, the shift towards digital services isn't just about convenience; it's crucial for effectively maneuvering patient care and saving lives. But it’s easier said than done given the unique challenges healthcare organizations have to deal with in managing patient identification and data access. Moreover, the introduction of new regulations and the demand for sophisticated digital solutions, accelerated by the COVID-19 pandemic, have put further
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KLAS: Healthcare Organizations Prioritize EHR Initiatives Despite Fewer Purchases in 2023

by Fred Pennic 07/08/2024 Leave a Comment

KLAS: Healthcare Organizations Prioritize EHR Initiatives Despite Fewer Purchases in 2023

What You Should Know:  - Healthcare organizations worldwide continue to prioritize implementing Electronic Health Record (EHR) systems, according to a new report by KLAS. While the total number of finalized EHR purchases in 2023 dipped slightly below the average for recent years, the number of hospitals impacted by these decisions reached a five-year high due to several large regional contracts.  - Government initiatives in Asia and Latin America are expected to fuel future EHR
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M&A: HHAeXchange Acquires Generations Homecare System

by Fred Pennic 07/08/2024 Leave a Comment

M&A: HHAeXchange Acquires Generations Homecare System

What You Should Know:  - HHAeXchange, a provider of homecare management solutions, announced today the acquisition of Generations Homecare System.  - Generations offers a comprehensive software solution designed to streamline operations, improve care team collaboration, and ensure compliance for homecare agencies. The strategic move reinforces HHAeXchange's position as a frontrunner in the homecare technology space. A Growing Market Demands Innovation The homecare industry
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