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Health IT | News, Analysis, Insights - HIT Consultant

Isaac Health Secures $5.7M to Combat Dementia Deserts & Revolutionize Brain Care

by Fred Pennic 01/25/2024 Leave a Comment

Isaac Health Secures $5.7M to Combat Dementia Deserts & Revolutionize Brain Care

What You Should Know: - Isaac Health, a rising leader in digital brain health, has successfully closed an oversubscribed $5.7 million Seed funding round led by Meridian Street Capital and B Capital, bringing together prominent players like Primetime Partners, Co-Found Partners, VU Venture Partners, and AirAngels. - This crucial funding round empowers Isaac Health to accelerate their mission by expanding their innovative brain health provider platform. advancing technology for improved
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Health2047-Backed HEAL Security Emerges from Stealth with $4.6M

by Fred Pennic 01/25/2024 Leave a Comment

Health2047-Backed HEAL Security Emerges from Stealth with $4.6M

What You Should Know: - Health2047, the American Medical Association's venture studio dedicated to healthcare innovation, announced its investment in and launch from stealth of HEAL Security, a cognitive cybersecurity platform built specifically for the healthcare industry. - Health2047's investment in HEAL Security underscores the urgent need for robust and specialized cybersecurity solutions within the healthcare industry. Their platform equips health systems with the necessary tools to
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Ohio State & CVS Form ACO to Elevate Medicare Care in Central Ohio

by Syed Hamza Sohail 01/25/2024 Leave a Comment

Ohio State & CVS Form ACO to Elevate Medicare Care in Central Ohio

What You Should Know: The Ohio State University Wexner Medical Center and CVS Accountable Care, part of CVS Health® (NYSE: CVS), today announced the creation of an accountable care organization (ACO) to improve the quality of care for Medicare beneficiaries by Ohio State providers in central Ohio.This coordinated approach to delivering care is centered around each patient’s unique needs and emphasizes preventive wellness and proactive treatment of chronic conditions. CVS ACO and
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XO Health Taps Innovaccer to Improve Member Experience

by Fred Pennic 01/25/2024 Leave a Comment

XO Health Taps Innovaccer to Improve Member Experience

What You Should Know: -  XO Health, the innovative health plan designed for self-insured employers, and Innovaccer Inc, the leading healthcare data platform provider, have announced a strategic partnership. - The strategic collaboration brings together XO Health's unique model and commitment to a seamless health experience with Innovaccer's data expertise and robust platform, promising to revolutionize self-insured healthcare for employers and their employees. Breaking Free from
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Unlocking Patient Insights with Conversational AI in Healthcare

by Eric Prugh, Chief Product Officer at Authenticx 01/25/2024 Leave a Comment

Unlocking Patient Insights with Conversational AI in Healthcare

Healthcare leaders should champion human-AI collaboration by having people work with AI to validate insights and develop engagement strategies. Organizations can — and should — implement conversational AI because it allows leaders to identify actionable areas of change and protects individuals’ privacy and identities.  Yet while these organizations recognize the merit of sharing these conversations enterprise-wide, many worry that doing so will compromise data privacy and compliance. But
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Emory Healthcare Appoints Dr. Nitu Kashyap as Chief Health Informatics Officer

by Executive Digital Health Hires 01/25/2024 Leave a Comment

Emory Healthcare Appoints Dr. Nitu Kashyap as Chief Health Informatics Officer

What You Should Know: Emory Healthcare has announced the appointment of Dr. Nitu Kashyap, MD, FAMIA, as its Chief Health Informatics Officer (CHIO), effective from February 5, 2024. In her new role, Dr. Kashyap will be responsible for overseeing technology projects spanning clinical disciplines to ensure alignment with Emory's strategic goals in patient experience, care, teaching, and research. Dr. Kashyap will collaborate closely with Emory University's information technology clinical and
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Coral Care Secures $1.3M to Expand Access to In-Home Pediatric Developmental Care

by Syed Hamza Sohail 01/24/2024 Leave a Comment

Coral Care Secures $1.3M to Expand Access to In-Home Pediatric Developmental Care

What You Should Know: Coral Care, a digital health platform dedicated to enhancing access to pediatric developmental specialty care, has successfully secured $1.3 million in its latest funding round.With participation from Reach Capital, Greymatter Capital, Purpose Built Ventures, Hustle Fund, and various angel investors, the funding will support Coral Care's expansion efforts across Massachusetts, Rhode Island, New Hampshire, and additional markets in late 2024.  Bridging Gaps in
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Upfront Hires Tech Strategist Ryan Royal as CTO

by Executive Digital Health Hires 01/24/2024 Leave a Comment

Upfront Hires Tech Strategist Ryan Royal as CTO

What You Should Know: Health tech leader Upfront, recognized for its industry-leading patient engagement platform, has announced the appointment of Ryan Royal as its new Chief Technology Officer (CTO). - Joining Upfront's executive leadership team, Royal will be responsible for overseeing the company's product roadmap, scaling global engineering teams, and driving new innovation strategies. His expertise is crucial as Upfront invests in next-generation reporting and analytics, as well as
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Foyer Global Health Embraces GenAI with Galytix to Transform Claims Processing

by Fred Pennic 01/24/2024 Leave a Comment

Foyer Global Health Embraces GenAI with Galytix to Transform Claims Processing

- Foyer Global Health, the international health insurer for expatriates and companies, announced today a strategic collaboration with Galytix, the GenAI platform for the financial sector, to implement HealthX, the innovative digital health platform designed specifically for insurers. - This collaboration paves the way for further advancements in healthcare data management within the IPMI sector, setting a new standard for efficiency, accuracy, and risk management. Revolutionizing
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2023 Health IT Recap: M&A Shifts, VC Squeezes, and Market Trends

by Fred Pennic 01/24/2024 Leave a Comment

2023 Health IT Recap: M&A Shifts, VC Squeezes, and Market Trends

What You Should Know: - After a decade of unchecked expansion, the health IT market faced a reality check in 2023, according to a new report from Healthcare Growth Partners. - The report, January 2024 Health IT Market Review reveals runaway inflation, rising interest rates, and a tech valuation reset tempered investor enthusiasm and led to a correction in valuations across both M&A and investment activity. However, despite the challenges, there were signs of a rebound in late 2023,
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