What You Should Know:
- Octagos Health, a provider of AI-powered cardiac device monitoring solutions raises $43M in Series B funding led by funds managed by Morgan Stanley Expansion Capital with continued participation from Mucker Capital and other strategic investors.
- The investment fuels Octagos Health's mission to leverage artificial intelligence for transformative cardiac care and comprehensive patient monitoring.
AI-Powered Cardica Care
Octagos Health offers a
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Health IT | News, Analysis, Insights - HIT Consultant
Avesi Partners Closes $1.35B Fund for Healthcare and Business Services Investments
What You Should Know:
- Avesi Partners LLC ("Avesi" or the "Firm"), a private equity firm specializing in healthcare and business services, announced today the successful closing of Avesi Partners Fund II LP ("Fund II") at $1.35 billion.
- Headquartered in Stamford, Connecticut with an office in Richmond, Virginia, Avesi Partners focuses on partnering with lower-middle market, privately held, and family-owned businesses. Their primary sectors of interest lie in healthcare
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Innovaccer, P3 Health Partners Team Up to Drive Value-Based Care for Medicare Patients
What You Should Know:
- Innovaccer Inc., a healthcare AI company, and P3 Health Partners (NASDAQ: PIII), a patient-centered population health management company, today announced a strategic partnership focused on revolutionizing care delivery for Medicare patients.
- By leveraging AI and data-driven insights, Innovaccer and P3 Health Partners aim to transform healthcare delivery for Medicare patients, leading to better outcomes, cost optimization, and a more positive experience
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UVM Health Network Selects Abridge AI to Boost Clinician Satisfaction by 53%
What You Should Know:
- Abridge, a leader in generative AI for clinical documentation, announced an enterprise-wide agreement with The University of Vermont Health Network. This integrated academic health system, serving over one million patients in Vermont and northern New York, selected Abridge following a comprehensive evaluation process involving 50 primary care providers assessing multiple solutions.
- Clinicians at UVM Health Network have been using Abridge’s generative AI solution
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Healthcare Identity Crisis: How CIAM Saves Lives in the Digital Age
In today’s rapidly evolving healthcare landscape, the shift towards digital services isn't just about convenience; it's crucial for effectively maneuvering patient care and saving lives. But it’s easier said than done given the unique challenges healthcare organizations have to deal with in managing patient identification and data access. Moreover, the introduction of new regulations and the demand for sophisticated digital solutions, accelerated by the COVID-19 pandemic, have put further
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KLAS: Healthcare Organizations Prioritize EHR Initiatives Despite Fewer Purchases in 2023
What You Should Know:
- Healthcare organizations worldwide continue to prioritize implementing Electronic Health Record (EHR) systems, according to a new report by KLAS. While the total number of finalized EHR purchases in 2023 dipped slightly below the average for recent years, the number of hospitals impacted by these decisions reached a five-year high due to several large regional contracts.
- Government initiatives in Asia and Latin America are expected to fuel future EHR
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M&A: HHAeXchange Acquires Generations Homecare System
What You Should Know:
- HHAeXchange, a provider of homecare management solutions, announced today the acquisition of Generations Homecare System.
- Generations offers a comprehensive software solution designed to streamline operations, improve care team collaboration, and ensure compliance for homecare agencies. The strategic move reinforces HHAeXchange's position as a frontrunner in the homecare technology space.
A Growing Market Demands Innovation
The homecare industry
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The Crucial Role of Patient-Level Data in Elevating Healthcare Outcomes
In today's healthcare landscape, patients are more informed than ever before, thanks to easy access to online resources and a growing focus on patient education. This shift has transformed how healthcare is communicated, fostering a new era of personalized care and stronger connections in the industry. Taking center stage amidst such advancements is patient-level data that is being increasingly leveraged for enhanced care quality and strengthened patient-provider
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AI Nurses: The Solution to the Nursing Shortage and Beyond
The healthcare sector is rapidly adopting AI to help improve disease detection and patient care along with delivering efficiency gains. The technology’s potential is fueling an array of investments and innovations in everything from cancer diagnosis to AI nurses. With respect to AI nurses, many believe this application is the only way to ease the industry's staffing shortages.
With the nursing labor gap expected to exceed 10 million by 2030, coupled with the imperative to improve
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Walmart Seeks Buyers for Shuttered Health Clinics After Failed Expansion
What You Should Know:
- Retail giant Walmart is reportedly shopping around a potential sale of its recently closed health centers, according to a recent Fortune report citing unnamed sources.
- The news comes just a few months after Walmart announced the closure of all 51 of its health clinics in late April.
Financial Losses Prompt Sale
The report claims Walmart has held talks with health insurance companies, including Humana, with the goal of recouping some of the
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