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Health IT | News, Analysis, Insights - HIT Consultant

Modern Health Acquires Anvil Health’s AI Technology to Enhance Mental Healthcare

by Fred Pennic 08/08/2024 Leave a Comment

Modern Health Acquires Anvil Health's AI Technology to Enhance Mental Healthcare

What You Should Know:  - Modern Health, a global workplace mental health platform, announced today the acquisition of Anvil Health's AI technology and the appointment of Paul Clark as Head of AI Strategy.  - The strategic acquisition reinforces Modern Health's dedication to leveraging cutting-edge technology to improve mental health outcomes and expand access to care. Paul Clark Bio/Background Anvil Health, co-founded by Paul Clark and Jon Bischke, developed Ascribe, an
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LSU Becomes First College Sports Program to Use Eko AI-Powered Stethoscopes

by Fred Pennic 08/08/2024 Leave a Comment

LSU Becomes First College Sports Program to Use Eko AI-Powered Stethoscopes

What You Should Know:  - Eko Health, a leader in AI-powered cardiac care, has joined forces with LSU Athletics and Our Lady of the Lake Health to revolutionize heart health care for student-athletes.  - Through this groundbreaking partnership, LSU Athletics becomes the first college sports program to utilize Eko Health’s FDA-cleared CORE 500 digital stethoscopes and AI algorithms for early detection of heart conditions. AI-Powered Stethoscopes to Enhance LSU Athletics
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Blue Cross Blue Shield of TN Launches Statewide Food as Medicine Initiative to Combat Food Insecurity

by Fred Pennic 08/08/2024 Leave a Comment

Blue Cross Blue Shield of TN Launches Statewide Food as Medicine Initiative to Combat Food Insecurity

What You Should Know:  - FarmboxRx, a pioneer in food-as-medicine solutions, announced a new partnership with Blue Cross Blue Shield of Tennessee (BCBST) to address food insecurity and improve health outcomes for Tennesseans.  - Through this collaboration, BCBST members will receive fresh produce and condition-specific health education delivered directly to their homes. Tackling Food Insecurity and Health Disparities Tennessee faces significant challenges related to food
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SVB Report: 2024 Mid-Year Healthcare Investments and Exits

by Fred Pennic 08/08/2024 Leave a Comment

SVB Mid-Year Healthcare Investments and Exits Report

What You Should Know:  - The healthcare venture capital landscape experienced a resurgence in the first half of 2024, according to a new report from Silicon Valley Bank (SVB). Despite ongoing economic challenges, 89% of US VC funds exceeding $25M successfully met their fundraising targets. - The report, "2024 Mid-Year Healthcare Investments and Exits," delves into venture capital activity across the healthcare sector, including biopharma, healthtech, medical device, and
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Ascension Saint Thomas Deploys Suki’s Ambient AI Assistant to Clinicians

by Fred Pennic 08/08/2024 Leave a Comment

What You Should Know:  - Suki, an AI healthcare assistant, and Ascension Saint Thomas, a prominent healthcare system, announced a groundbreaking partnership to enhance the resident experience through AI.  - By integrating Suki's AI-powered platform, Ascension Saint Thomas aims to alleviate the administrative burden on its second and third-year internal medicine residents, allowing them to focus on patient care and educational pursuits.  Improve Workflows and Reduce
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70% of Community Health Centers Face Staff Shortages Amid Rising Mental Health & Substance Use Care Demand

by Fred Pennic 08/08/2024 Leave a Comment

70% of Community Health Centers Face Staff Shortages Amid Rising Mental Health & Substance Use Care Demand

What You Should Know:  - Community health centers (CHCs), serving as the cornerstone of America's healthcare safety net, are grappling with a critical issue: a worsening workforce shortage.  - A new report by the Commonwealth Fund reveals a concerning trend, with over 70% of CHCs reporting a lack of primary care physicians, nurses, or mental health professionals in 2024. Despite the Challenges, CHCs Remain a Beacon of Hope This news comes amidst a backdrop of rising mental
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Remove the Ghosts from Haunted Provider Directories: 5 Things Payers Should Know

by Meghan Gaffney, CEO and co-founder, Veda 08/07/2024 Leave a Comment

Remove the Ghosts from Haunted Provider Directories: 5 Things Payers Should Know

Payers place many resources—including time, personnel, and money—into maintaining provider networks for their plans and members. What is the intended goal after negotiating and contracting with networks? An accurate and comprehensive provider directory containing in-network clinicians and specialists that members can effectively use to “find a doctor” when they need care.  In reality, though, this is often an elusive goal.  Members frequently find themselves haunted by ‘ghost
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91% of Caregivers View Patient Relationships as Critical to Job Satisfaction

by Fred Pennic 08/07/2024 Leave a Comment

91% of Caregivers View Patient Relationships as Critical to Job Satisfaction

What You Should Know:  - HHAeXchange, a provider of homecare management solutions, released findings from its 2024 Homecare Insights Survey, highlighting the critical role of caregivers in the industry.  - The survey, conducted among over 3,900 caregivers, provides valuable insights into caregiver motivations, challenges, and opportunities for improvement. Caregiver Satisfaction Drives Homecare Industry The survey underscores the growing importance of homecare as a
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Guidehealth Secures $14M for AI-Powered Value-Based Care

by Fred Pennic 08/07/2024 Leave a Comment

Guidehealth Secures $14M for AI-Powered Value-Based Care

What You Should Know:  - Guidehealth, an AI-powered healthcare services provider raises $14M in seed funding led by Memorial Hermann Health System, with participation from healthcare entrepreneur Sidd Pagadipati and other industry leaders. - The funding will accelerate Guidehealth’s mission to improve health outcomes and increase access to care through value-based care (VBC) models. The company’s AI-driven platform and clinical support services help health systems and clinically
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HPS/PayMedix Acquires TempoPay to Simply Healthcare Payments

by Fred Pennic 08/06/2024 Leave a Comment

HPS/PayMedix Acquires TempoPay to Simply Healthcare Payments

What You Should Know:  - HPS/PayMedix, a leading provider of healthcare financing solutions, announced the acquisition of TempoPay, an innovative payments platform designed to help employees manage healthcare costs. Financial details of the acquisition were not disclosed.  - The acquisition of TempoPay is a significant step forward in addressing the healthcare affordability crisis. By providing employees with the financial tools and support they need, HPS/PayMedix is helping to
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