For ACOs to remain relevant as leaders of Value-Based payment models, they must step up now to generate more cost savings for Medicare patient care. Budget cuts for Medicare are once again under discussion by conservatives as political pressure mounts to lower governmental spending. Meanwhile, CMS is expanding risk in Medicare value-based payment models, moving quickly away from Fee-for-Service reimbursement. The new ACO PC Flex model is designed to create per-patient reimbursement for
Read More
Health IT | News, Analysis, Insights - HIT Consultant
Wellth Appoints Former Sanford Health Plan CEO as COO
What You Should Know:
- Wellth, a provider of daily care motivation solutions, has announced the appointment of John Snyder as Chief Operating Officer. Snyder brings over four decades of leadership experience in the healthcare industry, having previously served as CEO of Sanford Health Plan.
- In his new role, Snyder will oversee Wellth's operations, identify and implement new growth strategies, and expand the company's business development efforts. He will also focus on
Read More
Exer AI Collaborates with Mayo Clinic to Advance Standard of Care for Hand and Wrist Disorders with AI
What You Should Know:
- Exer AI, a clinical AI company specializing in musculoskeletal and movement disorders, has announced a collaboration with Mayo Clinic to expand its platform's capabilities for diagnosing and treating hand and wrist conditions.
- Millions of people suffer from chronic hand and wrist conditions, such as rheumatoid arthritis and carpal tunnel syndrome. By providing a more efficient and accurate means of diagnosis and treatment, Exer AI and Mayo Clinic are working
Read More
New Mountain Merges 3 Leaders to Form Payment Integrity Platform
What You Should Know:
- New Mountain Capital has announced the formation of a new company that merges Rawlings, Apixio's Payment Integrity business, and VARIS to form a next-generation payment accuracy and integrity platform.
- The combined entity aims to lower healthcare costs by leveraging technology and AI to improve payment accuracy and reduce waste.
- The combined entity brings together a wealth of experience and expertise in the healthcare industry. With over 1,900
Read More
Canvas Medical Appoints Adam Farren as CEO
What You Should Know:
- Canvas Medical, a EMR company, has announced the appointment of Adam Farren as Chief Executive Officer. Farren has been serving as President and Chief Operating Officer since April 2023.
- With Farren assuming the CEO role, Andrew Hines, the founder of Canvas, will transition to the position of Chief Technology Officer. Hines will focus on spearheading the application of artificial intelligence (AI) across Canvas' products, starting with Backplane™, a tool
Read More
Thatch Secures $38M to Eliminate Employer-Based Health Benefits
What You Should Know:
- Thatch, a pioneering healthcare benefits platform, has secured $38M in Series A funding to fuel its mission of decoupling health insurance from employment.
- Led by Index Ventures and General Catalyst, this investment will enable Thatch to expand its team, scale its technology platform, and accelerate customer acquisition.
Addressing the Inefficiencies of Traditional Healthcare Benefits
The traditional model of employer-sponsored health insurance
Read More
Safeguarding Your Health: 5 Ways Healthcare Organizations Can Navigate Cybersecurity Risks
The healthcare industry poses a unique set of challenges when it comes to its cybersecurity framework. Hospitals, doctors' offices, and local clinics are all home to vast amounts of sensitive patient and employee data. Hospitals alone store about 50 petabytes of sensitive data every year. In order to operate seamlessly and provide the best care possible, these healthcare havens need to ensure that their IT stack is robust. Cyber threats are rampant and have the potential to jeopardize patient
Read More
How AI Bridges The Gap Between Mental Health Appointments
The causes and effects of America’s mental health crisis are well-documented. Easing access to necessary clinical help has not grown in tandem.
A study by the National Council for Mental Well-Being reveals that mental health services in the U.S. are insufficient despite more than half of Americans (56 percent) seeking help, with limited options and long waits becoming the norm. In some ways, meeting patients where they are is optimized, thanks to telehealth tools such as Zoom
Read More
Viz.ai and Cleerly Partner for AI Heart Disease Evaluation
What You Should Know:
- Viz.ai, a leader in AI-powered disease detection, announced a partnership with Cleerly, a company specializing in AI-driven diagnosis of heart disease.
- This collaboration aims to improve and expedite care coordination for heart disease patients, the world's leading cause of death.
Enhanced Care with AI
The partnership integrates Cleerly's AI technology into Viz.ai's One platform. Cleerly's software analyzes coronary computed tomography
Read More
Mount Sinai Health System Partners with Midi Health to Enhance Menopause Care in NYC
What You Should Know:
- Virtual care clinic Midi Health announced an exclusive collaboration with the internationally renowned Mount Sinai Health System.
- This partnership aims to provide specialized care and personalized treatment plans for women experiencing perimenopause and menopause in the greater New York metro area.
Bridging the Gap in Menopause Care
Millions of American women suffer from life-altering symptoms during menopause, yet less than a quarter receive
Read More
