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Health IT | News, Analysis, Insights - HIT Consultant

Nabla’s AI Assistant Gets $24M Boost to Combat Clinician Burnout and Streamline Care

by Fred Pennic 01/05/2024 Leave a Comment

Nabla's AI Assistant Gets $24M Boost to Combat Clinician Burnout and Streamline Care

What You Should Know: - Nabla, a Boston, MA-based ambient AI assistant for healthcare professionals, announced today the initial close of a $24M Series B funding round led by Cathay Innovation, with participation from ZEBOX Ventures. - The latest round of funding brings Nabla's total funding to over $43M and fuels its mission to revolutionize healthcare delivery by empowering clinicians and improving patient care. Easing the Burden of EHRs: Clinicians often cite managing the
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Healthy.io Appoints Geoff Martin as CEO to Drive Commercial Expansion and Global Impact

by Executive Digital Health Hires 01/05/2024 Leave a Comment

Healthy.io Appoints Geoff Martin as CEO to Drive Commercial Expansion and Global Impact

What You Should Know: - Healthy.io, the pioneer of smartphone-powered at-home kidney testing, announced Geoff Martin, a seasoned healthcare executive, will take the reins as CEO, while founder Yonatan Adiri transitions to the role of President. - This move marks a pivotal moment for the company as it enters a new phase of growth, aiming to expand its reach and impact on global healthcare. Martin's Proven Track Record for Growth Geoff Martin brings extensive experience in
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Advanced Analytics Can Change the Game for Consumer Healthcare Services

by Sean Crandell. SVP of Healthcare Economics at MultiPlan 01/05/2024 Leave a Comment

Advanced Analytics Can Change the Game for Consumer Healthcare Services

Data has become the lifeblood of healthcare, making it possible to gain granular insights that enable more effective and precise patient-centric care. Yet, we have just scratched the surface of data analytics’ potential impact on optimizing segments of healthcare that need it most, such as the surging arena of consumer health.  Of the four key types of data analytics – descriptive, diagnostic, predictive, and prescriptive – only the first two are effectively used in managing healthcare
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MultiPlan Taps Healthcare Tech Veteran Travis Dalton as New CEO to Fuel Growth

by Executive Digital Health Hires 01/05/2024 Leave a Comment

MultiPlan Taps Healthcare Tech Veteran Travis Dalton as New CEO to Fuel Growth

What You Should Know: - MultiPlan Corporation (NYSE: MPLN), a provider of data analytics and technology-enabled healthcare cost management solutions, announced today that Travis Dalton will become its new President and CEO on March 1, 2024. - He succeeds Dale White, who will transition to the role of Executive Chair, while current Chair Mark Tabak will remain on the Board of Directors. Dalton's Proven Track Record in Healthcare Technology Bringing over 20 years of experience in
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Arbital Health Acquires Actuarial Firm & Secures $10M for Value-Based Care Adjudication

by Fred Pennic 01/04/2024 Leave a Comment

Arbital Health Acquires Actuarial Firm & Secures $10M for Value-Based Care Adjudication

What You Should Know: - Arbital Health, a rising star in the value-based care space, announced a significant double play today, acquiring leading actuarial firm Santa Barbara Actuaries and securing $10 million in Series A funding led by Transformation Capital. - This strategic move positions Arbital Health as a major player in accelerating the healthcare industry's transition to a more outcome-driven model. Building the Infrastructure for Value-Based Care Founded in November 2023 by
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Glytec Appoints Patrick F. Cua as CEO to Drive Growth in Hospital Glycemic Management

by Executive Digital Health Hires 01/04/2024 Leave a Comment

Glytec Appoints Patrick F. Cua as CEO to Drive Growth in Hospital Glycemic Management

What You Should Know: - Glytec, a provider of cloud-based insulin management software solutions, announced today the appointment of Patrick F. Cua as Chief Executive Officer. - Cua's extensive experience and deep understanding of the healthcare industry will be crucial as Glytec gears up for rapid growth in the face of rising demand for its Glucommander® software. Cua Bio/Background With over three decades of leadership experience in healthcare, Cua brings a wealth of knowledge and
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4 Questions for Health Systems Navigating Virtual Care Delivery Challenges in 2024

by Dr. Brad Younggren, Chief Medical Officer and President of Care Innovation at 98point6 Technologies 01/04/2024 Leave a Comment

4 Questions for Health Systems Navigating Virtual Care Delivery Challenges in 2024

Dr. Brad Younggren, Chief Medical Officer and President of Care Innovation at 98point6 Technologies In the face of unprecedented clinical workforce shortages that are only expected to grow larger in 2024, according to a new PWC report, health systems across the country are grappling with the challenges of providing quality care while navigating budget constraints. Hospital leaders face the daunting task of recruiting and retaining clinicians while seeking higher reimbursement
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Credo Health Secures $5.25M to Revolutionize Value-Based Care with AI-Powered Platform

by Fred Pennic 01/04/2024 Leave a Comment

Credo Health Secures $5.25M to Revolutionize Value-Based Care with AI-Powered Platform

What You Should Know: - Credo Health, a game-changer in value-based care technology, has secured $5.25M in Series Seed funding, led by FCA Venture Partners with strong participation from existing investors Hannah Grey VC, FirstMile Ventures, and SpringTime Ventures. This significant investment fuels Credo's mission to become the definitive platform for value-based care providers, empowering them to thrive in the evolving healthcare landscape. Bridging the Data Gap Credo Health's core
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Aegis Ventures Appoints Dr. David Feinberg as Senior Advisor

by Executive Digital Health Hires 01/04/2024 Leave a Comment

Aegis Ventures Appoints Dr. David Feinberg as Senior Advisor

What You Should Know: - Aegis Ventures, a pioneering healthtech and healthcare AI venture studio, announced the appointment of Dr. David Feinberg, Chairman of Oracle Health, as Senior Advisor. - Dr. Feinberg's role at Aegis will be complementary and synergistic to his ongoing leadership at Oracle Health. This dual focus allows him to leverage his extensive experience and vision across both organizations, fostering a collaborative environment that accelerates healthcare innovation. Dr.
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M&A: Veradigm Acquires Koha Health to Strengthen Ambulatory RCM

by Fred Pennic 01/02/2024 Leave a Comment

M&A: Veradigm Acquires Koha Health to Strengthen Ambulatory RCM

What You Should Know: - Veradigm Inc. (NASDAQ: MDRX), a leading healthcare data and technology solutions provider,  announced today the acquisition of Koha Health, a full-service revenue cycle management (RCM) company. - This strategic move strengthens Veradigm's position as a premier provider of RCM services in the ambulatory healthcare market. Financial details of the acquisition were not dislcosed. Expanding Ambulatory RCM Expertise and Reach The acquisition brings
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