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Health IT | News, Analysis, Insights - HIT Consultant

IntusCare Raises $11.5M to Expand Geriatric Care Solutions, Launches CareHub Platform

by Jasmine Pennic 01/16/2025 Leave a Comment

IntusCare Raises $11.5M to Expand Geriatric Care Solutions, Launches CareHub Platform

What You Should Know:  - IntusCare, a provider of predictive analytics solutions for geriatric care, announced it has secured $11.5M in a strategic follow-on financing round led by Deerfield Management, with participation from Citi Impact Fund, Jumpstart Nova, and other existing IntusCare investors..  - The new investment brings the company's total funding to over $27M, highlighting the growing demand for innovative solutions that improve care outcomes for seniors. Introducing
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Healthcare PE Firm Revelstoke Partners Invests in Omega Systems for Managed IT & Cybersecurity

by Fred Pennic 01/16/2025 Leave a Comment

What You Should Know:  - Omega Systems, a provider of managed IT and cybersecurity services, today announced a significant investment from Revelstoke Capital Partners, a private equity firm focused on healthcare growth-oriented businesses.  - With Revelstoke's support, Omega plans to accelerate its expansion strategy, enhance its robust security and compliance offerings, and further penetrate key regulated industries, including financial services and healthcare.  - The
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The Helix Research Network Adds 3 New Health System Members

by Fred Pennic 01/16/2025 Leave a Comment

The Helix Research Network Adds Three New Health System Members

What You Should Know:  - Helix, a population genomics and precision health company, announced a significant expansion of its research network with the addition of three prominent health systems: TriHealth, Parkview Health, and Rochester Regional Health.  - Each system has committed to enrolling 100,000 participants, bringing the total number of participants in the Helix Research Network to over 300,000, making it the largest and fastest-growing precision clinical research network
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Guardian Life Insurance Partners with Uber Health to Enhance Disability Support

by Fred Pennic 01/16/2025 Leave a Comment

Guardian Life Insurance Partners with Uber Health to Enhance Disability Support

What You Should Know:  - Guardian Life Insurance, a leading provider of employee benefits, has announced a new partnership with Uber Health to further enhance its support for members with long-term disability claims.  - Guardian will now provide Uber vouchers to eligible members, enabling them to access crucial medical appointments and rehabilitation services. Transportation Assistance to Long-Term Disability Claimants This initiative addresses a growing need for comprehensive
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M&A: Health Catalyst Acquires Upfront Healthcare Services

by Syed Hamza Sohail 01/15/2025 Leave a Comment

M&A: Health Catalyst Acquires Upfront Healthcare Services

What You Should Know: -       Health Catalyst, Inc. (“Health Catalyst,” Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced it has signed a definitive agreement to acquire Upfront Healthcare Services, Inc. (“Upfront”), a next-generation patient engagement platform provider. Health Catalyst anticipates the acquisition will close in the first quarter of
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Waystar Launches AltitudeAI to Combat Claim Denials with AI-Powered Automation

by Syed Hamza Sohail 01/15/2025 Leave a Comment

Waystar Launches AltitudeAI to Combate Claim Denials with AI-Powered Automation

What You Should Know: -  Waystar (Nasdaq: WAY), a provider of leading healthcare payment software, today announced the launch of Waystar AltitudeAI™, a comprehensive set of AI capabilities for providers, including AltitudeCreate™, a new generative AI innovation focused on appealing denied claims. -  By autonomously generating appeal letters, Waystar aims to help providers recover a substantial portion of payments tied to more than 450 million annually denied claims, ultimately enabling
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Access Healthcare Secures Strategic Investment from New Mountain Capital

by Syed Hamza Sohail 01/15/2025 Leave a Comment

Access Healthcare Secures Strategic Investment from New Mountain Capital

What You Should Know: -  Access Healthcare, a leading technology-enabled platform for revenue cycle management (RCM), today announced a strategic investment from affiliates of New Mountain Capital, LLC (“New Mountain”), a leading growth-oriented investment firm with approximately $55 billion in assets under management. -  This investment will support Access Healthcare’s next phase of growth, focusing on advancing its capabilities in artificial intelligence, workflow automation, product
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25 Executive Digital Health Predictions & Trends to Watch in 2025

by Fred Pennic 01/14/2025 Leave a Comment

25 Executive Digital Health Predictions & Trends to Watch in 2025

From the rise of personalized nutrition to the growing importance of interoperability, healthcare is on the cusp of transformative change. Explore the key trends and predictions that will shape the healthcare landscape in 2025, according to 25 industry leaders. Naveen Jain, CEO and Founder of Viome "By 2025, personalized nutrition will evolve from a niche innovation to a cornerstone of mainstream wellness. Faced with escalating healthcare costs, insurers and employers will adopt
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Mayo Clinic to Deploy Abridge’s AI-Powered Clinical Documentation Across Enterprise

by Syed Hamza Sohail 01/14/2025 Leave a Comment

Mayo Clinic to Deploy Abridge's AI-Powered Clinical Documentation Across Enterprise

What You Should Know: -  Abridge has finalized an enterprise-wide agreement with Mayo Clinic to implement the AI-powered clinical documentation platform, starting with approximately 2,000 clinicians who serve over 1 million patients annually across a wide range of specialties and care settings. -  This marks a significant expansion in the collaboration between Mayo Clinic and Abridge, building on the previously announced initiative to enhance nursing documentation workflows, which are
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Helix, Komodo Health Partner to Enhance Clinico-Genomic Datasets for Research

by Syed Hamza Sohail 01/14/2025 Leave a Comment

Helix, Komodo Health Partner to Enhance Clinico-Genomic Datasets for Research

What You Should Know: - Helix, a leader in population genomics and precision health, and Komodo Health, a leader in healthcare technology and data-driven insights, are partnering to further enrich Helix's clinico-genomic datasets within the Helix Research Network (HRN) for research and life science partners. - The partnership will add insights derived from medical, pharmacy and mortality data from Komodo's Healthcare Map®, the industry's most robust and precise view of longitudinal
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