Health IT | News, Analysis, Insights - HIT Consultant
M&A: DoseSpot and Arrive Health Merge to Form Interra Health, Advancing ePrescribing Price Transparency
What You Should Know
The Deal: Healthcare tech companies DoseSpot and Arrive Health have officially merged to form Interra Health.The Backers: The deal is backed by Bain Capital Tech Opportunities as the majority owner, with PSG (DoseSpot's former majority owner), Providence, and UPMC Enterprises holding minority stakes.The Scale: The combined entity is already profitable, growing at approximately 40% annually, and is projected to exceed $100 million in revenue in 2026. Together, they serve
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AI in Healthcare Revenue Cycle Management: Moving from Automation to Prediction
Revenue Cycle Feels Different Now
There was a time when revenue cycle performance was judged mostly by operational benchmarks. Claims processed. Days in accounts receivable. Staffing ratios. Those measures still matter, but they no longer tell the full story.
Over the past several years, something has shifted. Denials feel less predictable. Payer interpretations vary more widely. Documentation requirements seem to tighten without much notice. Revenue cycle leaders spend more time managing
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Procode AI Exits Stealth With $4M and Acquires RCM Leader The Auctus Group
What You Should Know
The Launch: Procode Inc., an AI-powered revenue cycle management (RCM) company for private practice surgeons, has officially emerged from stealth with $4M in funding.The Acquisition: In a bold go-to-market move, the startup has already acquired The Auctus Group, the leading U.S. medical biller for plastic surgeons and a top-three biller in dermatology. The Auctus Group currently serves more than 300 providers.The Backers: The $4M investment was led by Story Ventures, with
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Edge Research Reveals 76% of Healthcare Leaders Are Overwhelmed by Administrative Work
What You Should Know
The Finding: New research from workforce platform Edge reveals that 76.4% of healthcare leaders are overwhelmed by administrative workloads. This "silent bottleneck" is creating daily backlogs for over half of organizations surveyed.The Strain: The crisis is concentrated in mission-critical areas: compliance (47%), billing (45%), and scheduling (43%). When these functions stall, clinicians are pulled away from patient care to handle paperwork, accelerating burnout.The
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KLAS Digital Pathology 2026 Report: Top IMS, Scanner, and AI Vendors Evaluated
What You Should Know
The Adoption Curve: KLAS Digital Pathology 2026 Report reveals the US digital pathology market is rapidly growing due to recent FDA clearances and progress toward specific reimbursement. However, adoption remains in the early stages, with fewer than 15% of US healthcare organizations having selected a digital pathology vendor.The IMS Leaders: When it comes to Image Management Systems (IMS), pathology-specific vendors like Proscia, PathAI, and LUMEA are currently
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How FedRAMP-Aligned PaaS Environments Lower the Barrier to Entry for Federal Health IT
For commercial health tech companies, breaking into the public sector healthcare market has long been a complex and often expensive process. Strict security, compliance, and interoperability requirements have created high barriers to entry.
However, a new opportunity is emerging where secure, compliant platform-as-a-service (PaaS) environments are making it easier for a broader range of health tech innovators to deploy solutions in federal health care settings.
These FedRAMP-aligned
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FDB Vela Integrates With Photon Health Digital Prescription Marketplace
What You Should Know
The Partnership: First Databank (FDB) is connecting its cloud-native ePrescribing network, FDB Vela, with Photon Health's digital prescription marketplace.The Tech Infrastructure: FDB Vela provides a HITRUST-certified, cloud-based architecture built for 24/7 availability and full redundancy. This is specifically designed to mitigate single points of failure and safeguard prescription transmissions during network interruptions.The Patient Experience: Photon acts as a
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Honest Health Raises $140M to Scale Value-Based Care Enablement
What You Should Know
The Funding: Honest Health raises $140M led by NewSpring Healthcare, with participation from K2 HealthVentures, Rubicon Founders, Oak HC/FT, and others.The Mission: The company provides the technology-enabled care coordination, data analytics, and operational infrastructure required for legacy health systems and providers to succeed in value-based care (VBC) and shared-risk payment models.The Pedigree: Honest Health boasts heavy-hitting leadership. CEO Dr. Rob Bessler
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GE HealthCare and UCSF Health Announce 10-Year Care Alliance for Advanced Imaging
What You Should Know:
The Deal: GE HealthCare and UCSF Health have signed a 10-year "Care Alliance." This co-developed enterprise program integrates advanced imaging technology across the California health system's multiple clinical settings.The Infrastructure: The alliance arrives at a pivotal moment, as UCSF Health is simultaneously building two "hospitals of the future"—an adult care facility at Parnassus Heights and a pediatric facility at UCSF Benioff Children’s Hospital
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