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Health IT | News, Analysis, Insights - HIT Consultant

Infinitus Secures $51.5M to Advance AI-Powered Phone Automation in Healthcare

by Fred Pennic 10/25/2024 Leave a Comment

Infinitus Secures $51.5M to Advance AI-Powered Phone Automation in Healthcare

What You Should Know:  - Infinitus Systems, Inc., a pioneer in AI-powered phone automation for healthcare, has secured $51.5 million in Series C funding led by Andreessen Horowitz, with participation from Memorial Hermann Health System and existing investors Kleiner Perkins, Coatue, and GV (Google Ventures).  - The latest round brings the company's total funding to over $102M, fueling its mission to revolutionize healthcare operations and improve the patient
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Gen Z Doesn’t Want to Answer Your Call: How Providers Can Customize Communications

by John Zimmerer, VP of Vertical Marketing, Healthcare at Smart Communications 10/25/2024 Leave a Comment

Gen Z Doesn’t Want to Answer Your Call: How Providers Can Customize Communications

Generation Z has never known a world without pervasive digital technology. From smartphones and social media to instant messaging and online shopping, technology has been a constant in their lives, with Gen Zers spending an average of 6 hours and 5 minutes on their phone daily.  That’s a lot of time to get comfortable with technology, and it’s made Gen Zers adept at navigating online tools and platforms. Their preference for digital solutions means that Gen Z now has a tacit expectation
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CorroHealth Secures Strategic Investment from Patient Square Capital

by Syed Hamza Sohail 10/25/2024 Leave a Comment

CorroHealth Secures Strategic Investment from Patient Square Capital

What You Should Know: - CorroHealth, a leading provider of revenue cycle management (RCM) solutions to health systems and health plans, announced it has signed definitive agreements for a strategic investment from Patient Square Capital (Patient Square), a dedicated health care investment firm. - Current shareholders, including investment funds affiliated with global investment firm Carlyle (NASDAQ: CG), TT Capital Partners, Sanaka Group, and CorroHealth management, will remain investors,
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FinThrive Integrates with Oracle Health Patient Accounting for Claim Management

by Syed Hamza Sohail 10/25/2024 Leave a Comment

FinThrive Integrates with Oracle Health Patient Accounting for Claim Management

What You Should Know: - Enhanced Claims Management: FinThrive and Oracle Health have completed a collaborative development effort, now certified, that seamlessly integrates FinThrive’s claims management solution with Oracle Health Patient Accounting, enhancing claims processing for Oracle Health customers. - Streamlined API Integration: This integration utilizes API technology to deliver a unified login experience and improve real-time claim edits, enabling Oracle Health users to
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Centivo and Mercy Partner to Offer Affordable Healthcare in St. Louis

by Syed Hamza Sohail 10/25/2024 Leave a Comment

Centivo and Mercy Partner to Offer Affordable Healthcare in St. Louis

What You Should Know: - Collaborative Partnership for Affordable Healthcare Access: Centivo has partnered with Mercy, a top U.S. health system, to offer a high-quality health insurance plan initially in St. Louis, Missouri, with plans for expansion. This partnership enables access to Mercy's care through Centivo’s affordable, employer-based health plans, fostering community-wide access to trusted healthcare. - Strengthening Primary and Preventive Care to Enhance Affordability: Mercy and
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PeopleOne Health Raises $32.3M to Reimagine Value-Based Primary Care

by Fred Pennic 10/24/2024 Leave a Comment

PeopleOne Health Raises $32.3M to Reimagine Value-Based Primary Care

What You Should Know:  - PeopleOne Health, a pioneer in value-based primary care, has secured up to $32.3M in Series B funding led by GV (Google Ventures), with participation from notable investors including healthcare entrepreneur Glen Tullman.  - The funding will accelerate PeopleOne Health's mission to transform primary care by providing a comprehensive, patient-centric, and cost-effective health benefit. Addressing the Healthcare Crisis As healthcare costs continue to
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Dyania Health Secures $10M for AI-Powered Chart Review

by Syed Hamza Sohail 10/24/2024 Leave a Comment

Dyania Health Secures $10M for AI-Powered Chart Review

What You Should Know: -  Dyania Health, an AI-powered healthcare data company, today announced the close of its $10 million Series A funding round led by HealthX Ventures with Tech Square Ventures and Cleveland Clinic Ventures, along with significant participation from existing investors. -    Dyania’s Series A is driven by the growing demand for innovative solutions that address inefficiencies in healthcare data management and clinical research, positioning Dyania Health as a leader in
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The Role of Incentives in Member Activation and Behavior Change

by Heather Cox, President of Insights & Empowerment, a division of Zelis 10/24/2024 Leave a Comment

The Role of Incentives in Member Activation and Behavior Change

When members are engaged in proactive care, it can improve clinical outcomes and reduce costs. Still, despite health plans’ many efforts to modernize and improve the member experience, motivating members to be active participants in their healthcare remains a challenge.  Much of this challenge stems from a lack of clarity and transparency (what will something cost, which doctors or specialists are in the network, how to find and access care, etc.).  Health plans have increased their
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Cognosos Acquires Cox Prosight, Enhancing RTLS for Hospitals

by Fred Pennic 10/24/2024 Leave a Comment

Cognosos Acquires Cox Prosight, Enhancing RTLS for Hospitals

What You Should Know:  - Cognosos, a provider of real-time location services (RTLS) for healthcare, has acquired Cox Prosight, an award-winning RTLS platform specifically designed for hospitals.  - This strategic acquisition combines Cognosos' AI-powered location technology with Cox Prosight's robust platform, creating a cutting-edge solution to address the operational challenges faced by hospitals today. Addressing Critical Needs for Hospitals This acquisition comes at a
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Philips, Medtronic Neurovascular Partner to Advocate for Improved Stroke Care

by Fred Pennic 10/24/2024 Leave a Comment

Philips, Medtronic Neurovascular Partner to Advocate for Improved Stroke Care

What You Should Know:  - Philips and Medtronic Neurovascular, an innovator in neurovascular therapies, have announced a strategic partnership to advocate for improved stroke care worldwide.  - Recognizing the critical need for timely diagnosis and treatment of stroke, the two companies are joining forces to raise awareness, improve access to care, and leverage technology to enhance stroke outcomes. The Global Burden of Stroke Stroke is a leading cause of disability and
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