What You Should Know:
- Candid Health, a provider of autonomous revenue cycle automation solutions for healthcare providers raises $52.5M in a Series C funding round led by Oak HC/FT.
- The latest investment brings the company's total funding to $99.5M and plans to expand its customer relationships with multi-site provider groups across the United States.
AI-Powered Platform Reduces Administrative Costs and Improves Efficiency
Revenue cycle management (RCM) is a
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Health IT | News, Analysis, Insights - HIT Consultant
Keragon Secures $7.5M for AI-Powered Healthcare Automation Platform
What You Should Know:
- Keragon, an AI-powered, HIPAA-compliant automation platform for healthcare, has raised $7.5 million in an oversubscribed seed funding round led by Upfront Ventures, with early investors Afore Capital, Focal, and 25m Health doubling down.
- This brings Keragon’s total funding to $10.5 million. Six months since product launch, the company has already surpassed 100 paying customers, is growing at a 30% month-over-month rate, and has successfully executed more than 2
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Human-Generated Data: The Missing Link in AI-Powered Revenue Cycles
Mounting financial pressures for healthcare organizations mean sustainability hinges on reducing the cost to collect. Ongoing challenges associated with declining reimbursements, higher clinical and administrative costs and staffing shortages in the billing department leave providers without a lot of recourse for improving operational margin. Yet within the growing list of negative bottom-line issues, there is one area where healthcare leaders have some control to improve the outlook: increasing
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41% of Third-Party Breaches in 2024 Targeted Healthcare Orgs
What You Should Know:
- The healthcare industry continues to be the most heavily targeted sector, accounting for 41.2% of third-party breaches in 2024, according to new report from Black Kite.
- Black Kite’s sixth annual Third Party Breach Report reveals a concerning trend in cybersecurity: the rise of "silent breaches." These hidden vulnerabilities within interconnected ecosystems wreaked havoc across industries in 2024, with threat actors exploiting trusted vendor
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Survey: 83% of Clinical Data Abstractors Believe AI Can Reduce Clinician Workload
What You Should Know:
- Carta Healthcare, a provider of clinical data solutions, recently conducted a survey of clinical data abstractors to understand their perspectives on the use of AI in their profession.
- The results reveal a mix of optimism and concerns, highlighting the need for a balanced approach that combines AI's efficiency with human oversight to ensure data quality and accuracy.
The Need for Human-in-the-Loop AI
The survey results highlight the importance of
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Centivo Partners with Premise Health to Bring Primary Care to Employers and Unions
What You Should Know:
-Premise Health, the largest direct healthcare company serving large employers and unions, and Centivo, the pioneering healthcare company dedicated to making high-quality healthcare more affordable for employers and their employees, today announced that they are launching a new, primary care-focused health plan that combines Premise’s onsite health centers with Centivo’s clinically integrated network.
- This new collaboration and health plan is not
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31% of America’s Workforce and Families Have Cardiac Disorders
What You Should Know:
- A new analysis of U.S. heart health trends reveals a concerning statistic: 31% of the workforce and their families suffer from a cardiac disorder or hypertension, a major risk factor for heart disease, according to Cedar Gate Technologies.
- The analysis, based on Cedar Gate's National Healthcare Benchmark Database, examined claims data from July 2022 to June 2023, representing approximately 15 million commercially insured individuals. The analysis underscores
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Aledade Adds 500 New Primary Care Practices to Value-Based Care Network
What You Should Know:
- Aledade, the nation's largest network of independent primary care providers, announced the addition of over 500 new primary care practices, clinics, and community health centers to its network.
- The expansion brings the total number of supported organizations to more than 2,400, serving nearly 3 million patients through value-based care programs across the United States.
Fueling Nationwide Adoption of Value-Based Care Models
Aledade
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41% of Third-Party Breaches in 2024 Targeted Healthcare Orgs
What You Should Know:
- The healthcare industry continues to be the most heavily targeted sector, accounting for 41.2% of third-party breaches in 2024, according to new report from Black Kite.
- Black Kite’s sixth annual Third Party Breach Report reveals a concerning trend in cybersecurity: the rise of "silent breaches." These hidden vulnerabilities within interconnected ecosystems wreaked havoc across industries in 2024, with threat actors exploiting trusted vendor
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OneStep and Yardi Partner to Bring AI-Powered Motion Analysis to Senior Living Communities
What You Should Know:
- OneStep, a leader in AI-powered digital care technology, today announced a new partnership with Yardi®, a leading provider of end-to-end management solutions for senior living communities.
- Now featured as a Yardi Senior Living Interface Vendor, OneStep’s advanced motion analysis and monitoring tools will connect with Yardi EHR, providing assisted living (AL), independent living (IL), skilled nursing facilities (SNF), and continuing care retirement communities
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