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Health IT | News, Analysis, Insights - HIT Consultant

Axle Health Secures $4.2M to Combat Home Healthcare Staffing Shortage

by Fred Pennic 02/22/2024 Leave a Comment

Axle Health Secures $4.2M to Combat Home Healthcare Staffing Shortage

What You Should Know: - Axle Health, a provider of scheduling and workforce management software for home healthcare, today announced the closing of an additional $4.2M in seed funding, bringing its total raised to $4.4M. - This latest round, led by TRAC VC with participation from existing investor Pear VC, will fuel Axle's mission to address the critical staffing shortage in the home healthcare industry through innovative technology solutions. Optimizing Care Delivery and Reducing
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Prior Authorization and Interoperability – Changing the Dynamics of Medicare

by Don Rucker, MD – Chief Strategy Officer, 1upHealth 02/22/2024 Leave a Comment

Prior Authorization and Interoperability – Changing the Dynamics of Medicare

CMS and Medicare are trying to change the dynamics of American healthcare. No need to rehash the well-known issues but what is new is the change in the hotspot. For the last 20 years, Medicare Fee for Service has been the hotspot of spending and value. You’ve heard the mantra (which dates at least as far back as 1906 with George Bernard Shaw’s play, “The Doctor’s Dilemma”). If you pay a set rate the medical establishment has an incentive to increase volume. Now fast forward to today and Medicare
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93% of Physicians Feeling Burned Out, Overburdened, and Hopeful for AI Solutions

by Jasmine Pennic 02/22/2024 Leave a Comment

athenahealth Physician Burnout

What You Should Know: - 93% of physicians are experiencing regular burnout, spending an average of 15 extra hours per work outside normal hours, according to athenahealth’s latest Nationwide Physician Sentiment Survey. - The athenahealth Physician Sentiment Survey provides valuable insights into the current state of American healthcare. Addressing the challenges highlighted in the survey is crucial to ensuring the well-being of both doctors and patients, while harnessing the potential of
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XiFin Appoints Erik Sallee as Chief Financial Officer & EVP

by Executive Digital Health Appointments 02/22/2024 Leave a Comment

XiFin Appoints Erik Sallee as Chief Financial Officer & EVP

What You Should Know: - XiFin, Inc., a pioneering force in healthcare information technologies, has announced the appointment of Erik Sallee as its new Chief Financial Officer (CFO) and Executive Vice President. - With a wealth of experience in finance and a track record of success in leading organizations through transformative growth phases, Sallee's arrival marks a significant milestone for XiFin as it charts its course towards enhanced operational efficiency and market
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Fabric Raises $60M to Automate Healthcare with AI-powered Care Enablement System

by Fred Pennic 02/21/2024 Leave a Comment

Fabric Raises $60M to Automate Healthcare with AI-powered Care Enablement System

What You Should Know: - Fabric, a leading care enablement platform developer, announced today a $60 million Series A funding round led by General Catalyst, with continued participation from Thrive Capital, GV (Google Ventures), and other notable investors. - The funding will be used to fuel Fabric's mission to humanize healthcare by automating administrative and clinical tasks, empowering both patients and clinicians. Addressing Crisis-Level Clinician Burnout With provider burnout at
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Netflix for Healthcare: Direct Primary Care & Shared Decision-Making

by Dr. Jacob DeWitt, MD, UHSM Ambassador and Founder, Integrative Direct Primary Care 02/21/2024 Leave a Comment

Netflix for Healthcare: Direct Primary Care & Shared Decision-Making

In an era when healthcare costs continue to soar, a deviation from the status quo is becoming increasingly necessary. Backing this up are recent findings by the Federal Reserve Board, which unearth an uncomfortable truth—that 28% of adults in the U.S. were compelled to forgo medical care in 2022 due to exorbitant costs. Both alarming and disappointing, this statistic underscores the urgent need for a transformative take on healthcare that places patients at the helm of their own unique
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Trilliant Health Launches Network Explorer: An Application To Improve Network Performance With Real-World Data

by Syed Hamza Sohail 02/21/2024 Leave a Comment

Trilliant Health Launches Network Explorer: An Application To Improve Network Performance With Real-World Data

What You Should Know: Trilliant Health, the leading provider of data-driven strategy analytics for the health economy, announced the launch of Network Explorer, a point-and-click application to manage network performance.Network Explorer enables stakeholders across the health economy to form evidence-based strategies to improve their network performance. Limited to their own data, no health economy stakeholder has a full picture of the scope of physician-patient interactions, leaving
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Brightside Health Expands Medicaid & Medicare Access for Telemental Health Coverage

by Syed Hamza Sohail 02/21/2024 Leave a Comment

Brightside Health Expands Medicaid & Medicare Access for Telemental Health Coverage

What You Should Know: Brightside Health today announced new and expanded payer  partnerships to support Medicaid and Medicare. The news comes just months after the company – which serves individuals with mild-to-severe clinical depression, anxiety, and other mood disorders – shared that it would begin serving 50 million Medicaid and Medicare beneficiaries. These underserved  populations will have access to all of Brightside Health’s life-saving mental health care
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Trualta and PointClickCare Partner to Support Family Caregivers

by Jasmine Pennic 02/21/2024 Leave a Comment

Trualta and PointClickCare Partner to Support Family Caregivers

What You Should Know: - Trualta, a family caregiver education and support platform, and PointClickCare, a cloud-based healthcare platform for long-term and post-acute care (LTPAC) providers, have announced a new partnership to provide crucial support to families caring for loved ones after discharge. - Under this new agreement, Trualta will be offered as an integrated partner solution to PointClickCare customers through their online Marketplace. This means care facilities using
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UnityAI Secures $4M for AI-Powered Patient Flow Optimization

by Fred Pennic 02/21/2024 Leave a Comment

UnityAI Secures $4M for AI-Powered Patient Flow Optimization

What You Should Know: - UnityAI, a healthcare technology startup, announced today the successful closure of its seed funding round, raising $4M led by Max Ventures, with participation from Whistler Capital Partners, Nashville Capital Network, Company Ventures, and individual healthcare angels.  - The funding fuels the company's mission to transform hospital operations through AI-powered patient flow optimization. Founded by Healthcare Experts, Focused on Patient Care UnityAI is
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From Overwhelmed to Optimized: How AI Agents Address Staffing Challenges and Burnout in Healthcare

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Pfizer and Trump Administration Announce Landmark Agreement to Lower Drug Costs

KLAS Report: Epic's Native Ambient Speech Tool Reshapes Customer AI Strategies

KLAS Report: Epic’s Native Ambient Speech Tool Reshapes Customer AI Strategies

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Epic Launches Comet: A New AI Platform to Predict Patient Health Journeys

RevSpring to Acquire Kyruus Health, Creating a Unified Patient Experience

RevSpring to Acquire Kyruus Health, Creating a Unified Patient Experience

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