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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Health IT | News, Analysis, Insights - HIT Consultant
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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Keragon Launches Out of Stealth with $3M for AI-Powered Automation Platform
What You Should Know:
- Keragon, an AI-powered HIPAA-compliant automation platform for healthcare, is officially launching out of stealth. It is the first no-code workflow automation platform designed specifically for the US healthcare industry.
- Currently, it is used by practices and clinics, fast-growing digital health startups, all the way up to hospitals & NASDAQ-listed companies, across the 50 states.
Revolutionizing Healthcare Automation: The Keragon
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3 Pitfalls Hindering Your Success in Value-Based Care–and How To Avoid Them
Practicing healthcare is challenging, especially for those in patient-facing roles. Clinicians understandably prefer to focus more on delivering patient care and less on the administrative work that can come at the expense of face time with their patients. If you ask me, the root of the burnout in our healthcare system isn’t the large daily volume of patients—it’s the administrative tasks required for every patient. Even when organizations do a great job of streamlining internal workflows, each
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Waste Management Acquires Stericycle in $7.2B Deal
What You Should Know:
- Waste Management, Inc. (NYSE: WM) and Stericycle (NASDAQ: SRCL) announced today a definitive agreement for WM to acquire Stericycle for $62.00 per share in cash.
- This translates to a total enterprise value of approximately $7.2B, including Stericycle's net debt of $1.4B. The offer represents a 24% premium over Stericycle's 60-day volume-weighted average stock price before a potential sale was reported publicly.
Stericycle: A Leading Player in
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BD Acquires Edwards Lifesciences’ Critical Care Unit for $4.2B to Strengthen Smart Connected Care Portfolio
What You Should Know:
- Becton, Dickinson and Company (BDX: NYSE), a global leader in medical technology, announced today a definitive agreement to acquire Edwards Lifesciences' (EW: NYSE) Critical Care product group for $4.2 billion in cash.
- The strategic acquisition unlocks new opportunities for value creation and bolsters BD's portfolio of smart connected care solutions.
Critical Care: A Leader in Advanced Monitoring Solutions
The acquisition of Critical Care
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Mayo Clinic Taps UltraSight to Advance AI-Powered Ultrasound for Cardiac Care
What You Should Know:
- UltraSight, a leader in transforming cardiac imaging with artificial intelligence, announced a new collaboration with Mayo Clinic, a world-renowned medical center.
- UltraSight and Mayo Clinic will work together to develop algorithms for analyzing and interpreting cardiac ultrasound images captured using point-of-care ultrasound (PoCUS) devices. This collaboration seeks to create a comprehensive solution that provides decision support for healthcare
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Deloitte Acquires End Point’s Disease Surveillance Business, CasePointer
What You Should Know:
- Deloitte announced today the acquisition of substantially all assets of End Point's industry-leading disease surveillance business, CasePointer. This strategic move strengthens Deloitte's Public Health Transformation team with experienced professionals and enhances its capabilities in supporting public health agencies.
- Deloitte is only acquiring assets related to End Point's CasePointer business. End Point will retain all other aspects of its
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Why a FHIR-Only Approach to Advance Interoperability Won’t Work Today
There’s been a strong push for a FHIR standard for information sharing in healthcare. Although a standard built on application programming interfaces (APIs) using data standards like FHIR is a step in the right direction, in today’s healthcare ecosystem, there’s a broader impact to consider.
The industry avoided a major health equity setback when the U.S. Department of Health and Human Services (HHS) Office of National Coordinator (ONC) nixed prescriptive language in the HTI-1 rule,
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Hospitals See Strong Financial Performance in April, Despite Rising Expenses
What You Should Know:
- U.S. hospitals and health systems continued to experience positive financial performance in April, with patient demand and revenues rising for the 12th consecutive month, according to new data from Strata Decision Technology.
- While hospitals and health systems experienced positive financial performance in April, rising expenses remain a concern. Continued monitoring of these trends will be crucial for understanding the overall health of the healthcare
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