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Health IT | News, Analysis, Insights - HIT Consultant

Credo Health Secures $5.25M to Revolutionize Value-Based Care with AI-Powered Platform

by Fred Pennic 01/04/2024 Leave a Comment

Credo Health Secures $5.25M to Revolutionize Value-Based Care with AI-Powered Platform

What You Should Know: - Credo Health, a game-changer in value-based care technology, has secured $5.25M in Series Seed funding, led by FCA Venture Partners with strong participation from existing investors Hannah Grey VC, FirstMile Ventures, and SpringTime Ventures. This significant investment fuels Credo's mission to become the definitive platform for value-based care providers, empowering them to thrive in the evolving healthcare landscape. Bridging the Data Gap Credo Health's core
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Aegis Ventures Appoints Dr. David Feinberg as Senior Advisor

by Executive Digital Health Hires 01/04/2024 Leave a Comment

Aegis Ventures Appoints Dr. David Feinberg as Senior Advisor

What You Should Know: - Aegis Ventures, a pioneering healthtech and healthcare AI venture studio, announced the appointment of Dr. David Feinberg, Chairman of Oracle Health, as Senior Advisor. - Dr. Feinberg's role at Aegis will be complementary and synergistic to his ongoing leadership at Oracle Health. This dual focus allows him to leverage his extensive experience and vision across both organizations, fostering a collaborative environment that accelerates healthcare innovation. Dr.
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M&A: Veradigm Acquires Koha Health to Strengthen Ambulatory RCM

by Fred Pennic 01/02/2024 Leave a Comment

M&A: Veradigm Acquires Koha Health to Strengthen Ambulatory RCM

What You Should Know: - Veradigm Inc. (NASDAQ: MDRX), a leading healthcare data and technology solutions provider,  announced today the acquisition of Koha Health, a full-service revenue cycle management (RCM) company. - This strategic move strengthens Veradigm's position as a premier provider of RCM services in the ambulatory healthcare market. Financial details of the acquisition were not dislcosed. Expanding Ambulatory RCM Expertise and Reach The acquisition brings
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WellSpan Hospitals Embrace AI to Bolster Patient Safety and Ease Nurse Burnout

by Jasmine Pennic 01/02/2024 Leave a Comment

WellSpan Hospitals Embrace AI to Bolster Patient Safety and Ease Nurse Burnout

What You Should Know: - WellSpan Health, a leading healthcare system in Pennsylvania, is harnessing artificial intelligence (AI) to deliver innovative care solutions that tackle two critical challenges: patient safety and nurse burnout. - The strategic initiative, powered by the Artisight platform, promises a future of optimized care and improved well-being for both patients and healthcare professionals. Two-Pronged Approach Artisight empowers WellSpan nurses through two key
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CareCloud and Kovo Join Forces to Empower Healthcare Providers and Streamline Care

by Strategic Partnerships 01/02/2024 Leave a Comment

CareCloud Launches All-New Interoperability and Data Exchange Solution for Healthcare Organizations


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Amenities Health Joins Panda Health Marketplace to Streamline Digital Transformation for Hospitals

by Jasmine Pennic 01/02/2024 Leave a Comment

Amenities Health Joins Panda Health Marketplace to Streamline Digital Transformation for Hospitals

What You Should Know: - Amenities Health, a Digital Front Door platform, has announced its integration with the Panda Health Marketplace, a platform connecting hospitals and health systems with vetted digital health solutions. - This collaboration empowers healthcare providers with a pre-vetted selection of best-in-class digital health solutions, including Amenities' own patient experience platform. Simplifying Digital Health Adoption for Hospitals Panda Health acts as a trusted
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Delivering Patient Experiences and Strategic Results with Tech Roadmaps in 2024

by Michael Kinkaid, Chief Technology Officer, Reason One 01/02/2024 Leave a Comment

Delivering Patient Experiences and Strategic Results with Tech Roadmaps

halfway across the globe, make customizations and know exactly when it will be delivered. Navigating the portal of a healthcare system to find a physician who specializes in the care they need or make an appointment can be an ordeal in comparison. Clunky and confusing, they can frustrate patients, exacerbate worry, delay treatment and harm the reputation and business of a healthcare entity. Traditional e-commerce giants from Amazon to Walmart have set a high bar for user experiences (UX) with
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Healthcare AI Boom: Avoiding the 3 Big Pitfalls for Success in 2024

by Maxime Vermeir, Sr. Director of AI Strategy at ABBYY 01/02/2024 Leave a Comment

Healthcare AI Boom: Avoiding the 3 Big Pitfalls for Success in 2024

There is no doubt that the AI race is officially on in healthcare. The sector has long had a reputation for lagging behind other industries when it comes to embracing digital transformation. However, 2024 is set to be a major turning point, with many healthcare companies committing to increasing their budget on AI.  A recent survey among providers confirmed that AI spending is up by as much as 80%, with almost half (43%) of respondents investing more than $300,000 in the last 12 months
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VA’s Troubled EHR System: Cautiously Moving Forward Despite Past Woes

by Fred Pennic 12/29/2023 Leave a Comment

VA's Troubled EHR System: Cautiously Moving Forward Despite Past Woes

What You Should Know: - The Department of Veterans Affairs' ambitious effort to modernize its electronic health record system (EHR) has hit the brakes, riddled with delays, cost overruns, and safety concerns, Nextgov reports. - While the Oracle Cerner system promises seamless interoperability with the Department of Defense's EHR, its rocky implementation at five facilities has sparked outrage and calls for accountability. A History of Hiccups 2020 launch: The system debuts at
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Rethinking How We Treat Dually Diagnosed Patients

by Bernard DiCasimirro, D.O., Chief Medical Officer at Lucet 12/29/2023 Leave a Comment

Rethinking How We Treat Dually Diagnosed Patients

One of the most pressing and often overlooked challenges in healthcare today is how to reach and effectively treat dually diagnosed patients — commonly, individuals who grapple with both mental health problems and substance use issues. According to the Substance Abuse and Mental Health Services Administration, more than one in four adults living with a serious mental health issue also has a substance use issue. The unique challenges these individuals face, along with the impact of social
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Evernorth Health Services Invests $3.5B in Shields Health Solutions

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KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

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Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

M&A:Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

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How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

Healthcare C-Suite Acknowledges AI Potential but Lacks Trust

Sage Growth Partners Report: Healthcare C-Suite Acknowledges AI Potential but Lacks Trust

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