Post-acute care facilities for years have been preparing for the impact that value-based purchasing (VBP) programs would have.
The Affordable Care Act of 2010 (ACA) and the Medicare Access and CHIP Reauthorization Act of 2015 put providers on notice that quality of care measures, like reducing hospital readmissions and improving patient outcomes, would take precedence over fee-for-service models.
In 2024, the stakes have gotten much higher for post-acute care facilities. Understanding
Read More
Health IT | News, Analysis, Insights - HIT Consultant
Mediktor Acquires Conversational AI Platform Sensely To Enhance Global Footprint
What You Should Know:
- Mediktor, a provider of AI-powered healthcare solutions, announced today the acquisition of Sensely, a San Francisco-based innovator in conversational AI for patient engagement.
- The strategic acquisition strengthens Mediktor's global footprint, broadens its technology portfolio, and positions the combined entity as a major player in the AI-driven healthcare market.
Combining Expertise for Enhanced Patient Engagement
Mediktor's established AI
Read More
Fullscript Appoints New Chief People Officer, Chief Commercial Officer, General Counsel
What You Should Know:
- Fullscript, a healthcare platform for whole person care, announced the appointment of three new members to its leadership team: Chief People Officer Dennis Richter, Chief Commercial Officer Christopher Catallo, and General Counsel Steven Eisenberg.
- The growth of Fullscript’s strong senior leadership team signals the company’s trajectory in delivering a comprehensive platform for whole person care at scale.
Dennis Richter: Chief People
Read More
How AI Can Increase the Success of Clinical Denials Appeals
It’s a perfect storm of financial pressures facing healthcare provider organizations – from rising costs to labor shortages to constrained capacity – that stymies revenue growth. Growing challenges with payer payments only exacerbate these issues. According to a Kaufman Hall report, 73% of leaders surveyed said claims denials, which was the top revenue cycle issue in 2022, had increased in 2023.
The cost of denials is staggering. A recent data analysis revealed that providers spent nearly $20
Read More
HealthVerity to Offer AnalyticsIQ Race & Ethnicity Data
What You Should Know:
- HealthVerity, the leader in synchronizing transformational technologies and real-world data (RWD) to advance the science, today announced a partnership with AnalyticsIQ, the leading provider of predictive people-based data.
- This partnership enables HealthVerity to provide clients with race and ethnicity insights on healthcare providers as an add-on to their Provider Diversity and Diagnosis
Read More
Ascension Restores EHR Access Florida, Alabama, Austin Markets After Cyberattack
What You Should Know:
- Ascension announced it has restored EHR access in Florida, Alabama, and Austin markets affected by a recent cyberattack.
- Ascension anticipates completing EHR access across its entire network by June 14th. This will allow clinicians to access patient records seamlessly, mirroring the pre-attack workflow.
- Ascension Rx retail, home delivery, and specialty pharmacy sites are now fully operational. Healthcare providers can now transmit prescriptions
Read More
Sword Health Secures $130M, Unveils AI Care Specialist “Phoenix”
What You Should Know:
- Sword Health, a pioneer in AI-powered healthcare delivery, announced a $130M financing round today bringing Sword's total funding to $340M and propelling the company's valuation to a staggering $3B– a 50% increase since its Series D round.
- This funding round, coupled with Sword's near-tripled revenue growth in the past year, unlocks exciting possibilities for the future. The company plans to leverage these resources to revolutionize healthcare delivery and
Read More
Evolent Acquires Machinify’s AI-Driven Medical Authorization Solution
- Evolent Health, Inc. (NYSE: EVH), a leader in improving health outcomes for patients with complex conditions, announced today an agreement to acquire key assets from Machinify, including the exclusive license to their AI-powered platform, Machinify Auth.
- Additionally, certain Machinify employees will join Evolent. Both companies plan to establish a long-term services agreement to ensure smooth integration and ongoing platform development. This innovative technology aims to
Read More
Keragon Launches Out of Stealth with $3M for AI-Powered Automation Platform
What You Should Know:
- Keragon, an AI-powered HIPAA-compliant automation platform for healthcare, is officially launching out of stealth. It is the first no-code workflow automation platform designed specifically for the US healthcare industry.
- Currently, it is used by practices and clinics, fast-growing digital health startups, all the way up to hospitals & NASDAQ-listed companies, across the 50 states.
Revolutionizing Healthcare Automation: The Keragon
Read More
3 Pitfalls Hindering Your Success in Value-Based Care–and How To Avoid Them
Practicing healthcare is challenging, especially for those in patient-facing roles. Clinicians understandably prefer to focus more on delivering patient care and less on the administrative work that can come at the expense of face time with their patients. If you ask me, the root of the burnout in our healthcare system isn’t the large daily volume of patients—it’s the administrative tasks required for every patient. Even when organizations do a great job of streamlining internal workflows, each
Read More
