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Health IT | News, Analysis, Insights - HIT Consultant

Lena Health Raises $2M for AI-Powered Care Coordinator

by Fred Pennic 04/23/2025 Leave a Comment

Lena Health Raises $2M for AI-Powered Care Coordinator

What You Should Know:  - Lena Health, an AI-powered care coordinator raises $2M in seed funding round co-led by Emergent Ventures and Cultivation Capital, the round saw participation from the Texas Medical Center (TMC) Venture Fund and Caravan Health Ventures (CHV).  - The capital is designated for expanding the company's services nationwide, enhancing its capabilities for navigating complex community resource networks, and further augmenting care teams by automating routine, yet
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Q/A: Former HHS Commissioner on Why Medicaid is the Most Innovative Program in U.S. Healthcare

by Fred Pennic 04/22/2025 Leave a Comment

Medicaid plays a vital role in the American healthcare system, providing coverage for millions of vulnerable individuals. To gain a deeper understanding of the program's evolving landscape, its unique strengths, and the challenges it faces, we spoke with Gary Jessee, Senior Vice President, National Consulting. With extensive experience on both the payer and provider sides, Jessee offers valuable insights into Medicaid's role in addressing critical needs, from long-term services and supports to
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Beyond the EHR: Achieving a 360-Degree View of the Patient

by Dipul Patadia, MD, MBA, Head of Health System Strategy and Innovation, Salesforce, Ed Marx, former CIO, Cleveland Clinic & CEO of Marx Advisory, Joaquim Neto, Chief Strategy Officer, Verato 04/22/2025 Leave a Comment

Beyond the EHR: Achieving a 360-Degree View of the Patient

It took so many years and so much effort to digitize health records and build the modern EHR that it can be tempting to think that the hard work of collecting and sharing necessary information about patients is done. The bad news is that the work isn’t over – not even close. The good news is that, thanks to advancements in technology, the task of assembling a complete picture of patients will not take nearly as long as the digitization of health records did. The even better news is that when
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Ascertain Secures $10M to Scale AI-Powered Case Management Solution

by Fred Pennic 04/22/2025 Leave a Comment

Ascertain Secures $10M to Scale AI-Powered Case Management Solution

What You Should Know:  - Ascertain, a healthcare technology company focused on empowering care teams with artificial intelligence (AI) raises $10M in Series A funding round led by Deerfield Management, featuring strategic participation from Northwell Health. - The investment will be used to accelerate Ascertain's growth trajectory and expand access to its innovative AI-powered solutions across the healthcare ecosystem.  - The company aims to enable higher quality patient care,
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Lyric Acquires ClaimShark to Bolster AI-Powered Payment Accuracy Platform

by Fred Pennic 04/22/2025 Leave a Comment

Lyric Acquires ClaimShark to Bolster AI-Powered Payment Accuracy Platform

What You Should Know:  - Lyric, a recognized leader in solutions for healthcare payment accuracy and integrity, has officially announced its acquisition of ClaimShark. ClaimShark is known for its innovative technology platform designed to enhance integration, transparency, and precision in payment integrity for health plans.  - The strategic move will see ClaimShark's solutions integrated into the Lyric 42 Platform, Lyric's flagship AI-driven offering, significantly advancing Lyric's
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John Snow Labs Unveils New AI-Powered HCC Coding Engine

by Fred Pennic 04/22/2025 Leave a Comment

John Snow Labs Unveils New AI-Powered HCC Coding Engine

What You Should Know:  - John Snow Labs, a company specializing in artificial intelligence for healthcare, today announced the launch of its new, end-to-end Hierarchical Condition Category (HCC) coding engine. - Introduced during the company’s annual Healthcare NLP Summit, this solution is engineered to assist healthcare providers and payers in significantly improving risk adjustment accuracy and strengthening revenue integrity. Addressing Critical Gaps in Risk
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Leidos to Invest $10M in University of Pittsburgh for AI Disease Detection

by Fred Pennic 04/21/2025 Leave a Comment

Leidos to Invest $10M in University of Pittsburgh for AI Disease Detection

What You Should Know:  - Leidos is committing $10M to a five-year collaboration with the University of Pittsburgh's Computational Pathology and AI Center of Excellence (CPACE) to accelerate the development and use of artificial intelligence (AI) in detecting and managing diseases. - The partnership aims to create AI-powered tools for quicker disease detection, including heart disease and cancer, reduce diagnostic turnaround times, and enable earlier, more effective care
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Hidden Healthcare Crisis: Healthcare Dollars Buy Patient Harm

by Effie Carlson, CEO of Watershed Health 04/18/2025 Leave a Comment

Everyone in America has felt the effects of uncoordinated healthcare, from the hassle of medical records lost between providers to devastating stories of medical errors that caused patient harm or a loss of life, uncoordinated care in medicine leaves no one behind. Uncoordinated care in the US directly contributes to out-of-control healthcare costs by adding roughly $340 billion annually in wasted resources – surpassing heart
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KLAS Report: Global Healthcare IT Investments and Trends for 2025

by Fred Pennic 04/17/2025 Leave a Comment

KLAS Report: Global Healthcare IT Investments and Trends for 2025

What You Should Know:  - A recent report by KLAS Research highlights the key trends shaping healthcare IT investments across the globe in 2025.  - The study, which involved interviews with 174 healthcare organizations across 39 countries and territories (excluding the US), reveals a significant shift in priorities, with AI and analytics taking center stage. The findings also shed light on the increasing adoption of cloud technologies and the evolving role of consulting firms in
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Protecting Margins in Home-Based Care with Smarter Revenue Cycle Management

by Meghan May, Senior Manager of Client Success, TES, at Homecare Homebase 04/17/2025 Leave a Comment

Protecting Margins in Home-Based Care with Smarter Revenue Cycle Management

Healthcare providers are heading into another year where financial uncertainty remains a top concern. While many for-profit and nonprofit organizations reported improved margins in 2024, industry analysts warn that rising expenses and process inefficiencies could put those gains at risk. Home-based care agencies, in particular, continue to face workforce shortages, changing reimbursement structures and administrative challenges – making revenue cycle management (RCM) a critical tool for
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