Medicare providers in hospitals and skilled nursing facilities (SNFs) are adjusting to new split/shared services documentation and billing regulations rolled out by the Centers for Medicare and Medicaid Services (CMS) as part of the 2024 Medicare Physician Fee Schedule (MPFS) final rule. The most notable change within the new regulations, which took effect on Jan. 1, 2024, is the finalization of CMS’s definition of the “substantive portion” of a split/shared evaluation and management (E/M)
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Health IT | News, Analysis, Insights - HIT Consultant
RFX Solutions Raises $9M for All-in-One Healthcare Regulatory Compliance Platform
What You Should Know:
- RFX Solutions, a leading provider of SaaS compliance software for healthcare facilities, has announced a successful $9 million Series A funding round led by Arthur Ventures.
- The user-friendly SaaS platform empowers healthcare facilities to navigate the complexities of regulatory requirements efficiently and effectively. This investment by Arthur Ventures positions RFX Solutions to become an even more dominant force in the healthcare compliance
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Cured by Innovaccer Launches AI-Powered Healthcare Experience Platform
What You Should Know:
- Innovaccer, a leader in healthcare data activation, has unveiled the Healthcare Experience Platform (HXP), a comprehensive AI-powered solution designed to boost patient engagement and accelerate revenue growth for healthcare providers.
- This announcement follows Innovaccer's acquisition of Cured, a strategic move to propel innovation in patient experiences and outcomes.
HXP: A Data-Driven Approach to Modern Healthcare Experiences
The HXP
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DrFirst Acquires Myndshft to Expedite Access to Specialty Medications and Reduce Burden on Providers
What You Should Know:
- DrFirst has announced a strategic acquisition of Myndshft Technologies, Inc., an end-to-end real-time medical benefits and automated prior authorization (PA) software-as-a-service (SaaS).
- Myndshft software-as-a-service automates and simplifies time-consuming healthcare patient access tasks associated with prior authorization, eligibility and benefits verification, and patient financial responsibility, freeing providers and payers to concentrate more fully on
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Kontakt.io Secures $47.5M to Optimize Hospital Operations with AI-Powered Patient Flow Optimization
What You Should Know:
- Kontakt.io, a leading innovator in Inpatient Journey Analytics, has announced a significant investment of $47.5 million. This Series C funding round, led by Growth Equity at Goldman Sachs Asset Management (Goldman Sachs), empowers Kontakt.io to accelerate its growth and fuel the expansion of its cutting-edge Artificial Intelligence (AI) solutions.
- Goldman Sachs' investment signifies their confidence in Kontakt.io's disruptive technology and market potential.
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Medicus IT Acquires Health IT Consulting Firm BlueNovo
What You Should Know:
- Medicus IT, a leading national provider of healthcare technology solutions and managed services, has announced the acquisition of BlueNovo.
- The acquisition signifies Medicus IT's unwavering dedication to supporting community health centers. By combining their expertise and resources, both companies can work towards improving healthcare quality and accessibility for underserved communities nationwide.
BlueNovo: A Boon for Community
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GE HealthCare Launches AI-Enhanced Voluson Signature 20 & 18 Ultrasound Systems: AI Power Meets Efficiency in Women’s Health
What You Should Know:
- GE HealthCare (Nasdaq: GEHC) has introduced the Voluson Signature 20 and 18 ultrasound systems, designed to revolutionize women's healthcare with a powerful combination of Artificial Intelligence (AI), advanced tools, and an ergonomic design.
- These latest additions to the Voluson family empower clinicians to accelerate exams while delivering exceptional image clarity for diagnosing and treating various women's health conditions.
Empowering
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AngelEye Health Acquires NICU2Home to Bolster NICU Care
What You Should Know:
- AngelEye Health, the leading provider of technology for neonatal and pediatric family engagement services, has announced the acquisition of NICU2Home.
- NICU2Home, dedicated to empowering families through technology during their NICU journey, perfectly complements AngelEye's existing solutions.
A Holistic Approach to NICU Care
By integrating NICU2Home's expertise, AngelEye expands its solutions to:
Seamlessly connect families with their infants:
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Wolters Kluwer Health Unveils AI-Powered Tool to Help Medicare Advantage Plans Ace Risk Adjustment Audits
What You Should Know:
Wolters Kluwer Health, a leading provider of healthcare information and analytics, has introduced a new weapon in the fight against potential financial penalties for Medicare Advantage Organizations (MAOs) – the Regulatory Audit Module.
- The AI-enabled tool leverages artificial intelligence (AI) to streamline the risk adjustment audit process, potentially saving MAOs millions of dollars.
The Challenge: A Complex and Costly Regulatory
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Accenture Federal Services to Acquire Cognosante
What You Should Know:
- Accenture Federal Services has entered into an agreement to acquire Cognosante, a mission-driven provider of digital transformation and cloud modernization solutions for federal health, defense, intelligence, and civilian agencies.
- Founded in 2008 by Michele Kang, Cognosante has grown rapidly to become a trusted provider of innovative technology solutions with its federal government
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