What You Should Know:
- Health Catalyst, a leading provider of data and analytics solutions for healthcare organizations, has finalized its acquisition of Carevive Systems.
- Carevive is a prominent oncology-focused health technology company dedicated to enhancing the cancer patient experience. Financial details of the acquisition were not disclosed.
Enhancing Oncology Care Through Data and Technology
This acquisition equips Health Catalyst with valuable resources
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Health IT | News, Analysis, Insights - HIT Consultant
How Technology is Helping Combat Healthcare Fraud
Healthcare fraud is a significant issue in the U.S. and one that continues to grow in scale as fraudulent actors seek to exploit the healthcare system for their own financial gain. According to the U.S. Department of Justice (D.O.J.), the cost of healthcare fraud in the country is close to $100 billion a year.This figure encompasses a wide range of deceptive practices by healthcare providers, patients, and third parties which include billing for services not rendered, falsifying documents,
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How Skilled Nursing Facilities Can Navigate New Value-Based Purchasing Rules
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
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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
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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
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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
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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
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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
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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
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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
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