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Health IT | News, Analysis, Insights - HIT Consultant

Oracle Health to Apply for TEFCA QHIN Status

by Syed Hamza Sohail 10/28/2024 Leave a Comment

Rephrase the following text to make it more professional and efficient. Incorporate bullet points into paragraphs themselves, and reorder paragraphs to improve readibility. Improve sentence structure and give overall professional tone. Convert any first-person sentences to third person. Generate a unifying headline. ChatGPT

What You Should Know: -Oracle Health today announced that it intends to begin the process to become a Qualified Health Information Network (QHIN) as a part of the Trusted Exchange Framework and Common Agreement (TEFCA). - Becoming a QHIN will allow Oracle Health to directly enable its healthcare customers to participate in the U.S. government’s nationwide approach to offer secure, smooth, and standardized sharing of health information between providers and payers, pharmaceutical companies,
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Backed by Visa, Osigu Secures $25M to Modernize Healthcare Payments Across Latin America

by Fred Pennic 10/25/2024 Leave a Comment

Backed by Visa, Osigu Secures $25M to Modernize Healthcare Payments Across Latin America

What You Should Know:  - Osigu, an AI-powered platform for healthcare claims and revenue management in Latin America and the Caribbean, has raised $25 million in Series B funding led by IDC Ventures, with strategic participation from Visa.  - Visa's strategic investment and partnership will drive the development of real-time payment solutions for healthcare providers. Addressing Healthcare Payment Inefficiencies The healthcare sector in Latin America and the Caribbean faces
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WellSky Acquires Bonafide to Enhance DME/HME Solutions

by Fred Pennic 10/25/2024 Leave a Comment

WellSky Acquires Bonafide to Enhance DME/HME Solutions

What You Should Know:  - WellSky, a provider of health and community care technology solutions, has acquired Bonafide, a prominent enterprise software solution for durable medical equipment (DME) and home medical equipment (HME) companies.  - By integrating Bonafide's technology and expertise, WellSky is providing DME/HME providers with the tools they need to succeed in a rapidly evolving healthcare landscape. Meeting the Demand for Patient-Centered Home Care The DME/HME
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Gradient Health Acquires DataAppraisal to Expand Medical AI

by Fred Pennic 10/25/2024 Leave a Comment

Gradient Health Acquires DataAppraisal to Expand Medical AI

What You Should Know:  - Gradient Health, a leading provider of medical imaging data for AI development, has acquired DataAppraisal, a healthcare AI company specializing in unlocking the value of anonymized data from health systems worldwide.  - The strategic acquisition will significantly expand Gradient Health's ability to provide medical AI developers with access to a vast and diverse collection of de-identified medical imaging studies, including datasets from underserved
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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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