Hospitals and health systems continue to face persistent challenges from rising costs and labor shortages across clinical, administrative and revenue cycle teams. Recent news from Humana highlights that rising costs, “may persist for an extended period or, in some cases, permanently reset the baseline.” In addition, half of hospitals and health systems surveyed reported $100 million in Accounts Receivable (AR) for claims older than 6 months, amounting to $6.4 billion in delayed or unpaid claims,
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Health IT | News, Analysis, Insights - HIT Consultant
Thoughtful AI Secures $20M, Launches Human-Capable RCM AI Agents
What You Should Know:
- Thoughtful AI, a provider of AI-powered revenue cycle automation (RCM), has announced a series of exciting developments, including the launch of the world's first fully human-capable AI Agents for healthcare RCM, exceptional growth metrics, and $20 million in Series A funding.
- Thoughtful AI's groundbreaking AI Agents, CAM, EVA, and PHIL, are tackling the burden of repetitive RCM tasks like claims processing, patient eligibility verification, and payment
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Astrana Health and Elation Health Partner to Build Value-Based ACOs, CINs
What You Should Know:
- Astrana Health (NASDAQ: ASTH), a provider-centric healthcare company, today announced a strategic partnership with Elation Health, a clinical-first technology company specializing in primary care.
- The partnership focuses on supporting independent physicians by providing them with the tools necessary to thrive in value-based care arrangements. Astrana and Elation plan to establish risk-bearing entities, such as accountable care organizations (ACOs) and
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Inaccurate Provider Directories: A Major Headache for Patients and Policymakers, HiLabs’ AI Study Reveals
What You Should Know:
- Incorrect data in health plan physician directories is a pervasive problem, according to new research conducted by researchers at University of Colorado and HiLabs.
- The study, published in BMC Health Services Research, leverages HiLabs AI algorithms to compare data for >40% of US physicians across five large health plan directories.
Key Findings:
Limited variation in data quality between insurers suggests the issue goes beyond individual
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Suki to Deploy AI Assistant to Underserved Communities
What You Should Know:
- Suki, the leader in voice artificial intelligence (AI) technology for healthcare, today announced its collaboration with several Federally Qualified Health Centers (FQHCs) and Community Health Centers, including Utah Navajo Health System (UNHS), CenterPlace Health, Access Health Louisiana, and PrimeCare Health, to assist providers in addressing the significant volume of patients seeking quality care in underserved areas.
Suki
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AliveCor Receives Category III CPT Codes for AI-Powered Kardia 12L ECG
What You Should Know:
- AliveCor, the global leader in AI-powered cardiology, today announced that the American Medical Association (AMA) has granted new Category III Current Procedural Terminology (CPT) codes that are applicable to the company's Kardia™ 12L ECG System, which received FDA clearance in June 2024.
- In accordance with the AMA semi-annual early release schedule, the new codes will be effective January 1st, 2025 and published in the 2025 CPT Code book.
Kardia 12L ECG
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Intermountain Health Partners with NeuroFlow to Improve Behavioral Health Integration in Primary Care
What You Should Know:
- Intermountain Health announced a partnership with NeuroFlow, a company specializing in behavioral health technology and analytics.
- The strategic collaboration aims to proactively identify and address behavioral health needs within Intermountain's primary care patient population in Colorado.
Behavioral Health Integration in Primary Care
People with combined physical and behavioral health conditions often experience higher healthcare costs.
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Findhelp Acquires Kiip to Streamline Access to Social Services
What You Should Know:
- Findhelp, a social care software company, announced the acquisition of Kiip, a New York-based startup focused on simplifying access to social programs.
- The strategic acquisition strengthens Findhelp's position in the social care software market and aims to significantly improve access to vital resources for millions in need. Financial details of the acquisition were not disclosed.
Addressing a Critical Need:
Millions of people struggle to
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Beebe Healthcare to Deploy Epic Enterprise EHR Across Network
What You Should Know:
- Beebe Healthcare, a comprehensive healthcare system serving Sussex County, Delaware, and the surrounding region announced a strategic partnership with Epic, a leading healthcare software company, to implement its enterprise electronic health record (EHR) system. This move aims to deliver a more seamless and integrated care experience for patients across Sussex County.
- Currently, Beebe Healthcare operates on separate EHR platforms for its Medical Group and
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Bon Secours Mercy Health to Deploy Philips’ Patient Monitoring Platform Across Enterprise
What You Should Know:
- Philips, a global leader in health technology, and Bon Secours Mercy Health (BSMH), a prominent Catholic health system, today announced a strategic multi-year collaboration focused on improving patient monitoring.
- By integrating Philips' cutting-edge patient monitoring platform into its system, BSMH will standardize care across its 49 hospitals. This platform offers a comprehensive view of patient data, enabling clinicians to make more informed
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