What You Should Know:
- OverT Bio, a data-driven biotech company focused on unlocking the curative potential of cell therapies for solid tumors raises $16M in seed funding round. Co-led by ARTIS Ventures and Wing VC, the round saw participation from a distinguished group of investors including Fusion Fund, OMX Ventures, Alexandria Venture Investments, Gaingels, Civilization Ventures, Hawktail, and the Cancer Research Institute.
- The investment will fuel the company's mission to
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Health IT | News, Analysis, Insights - HIT Consultant
Despite Current Concerns, AI in Healthcare Has A Long History
Though AI has successfully been utilized in healthcare for decades, a Pew Research Center survey revealed that 60% are uncomfortable with their provider relying on AI for their own healthcare.
This dichotomy is therefore likely due in part to a lack of awareness and understanding around the technology. Before the public is forced to understand complex, revolutionary, future-state technological developments in healthcare, they must understand how the technology is safely used today.
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Anatomy Automates Healthcare Finances with AI-Powered Lockbox Solution
What You Should Know:
- Anatomy, a leading platform for automating financial operations in healthcare, today announced the launch of its innovative AI-powered Healthcare Lockbox.
- This solution tackles a significant pain point for healthcare organizations by automating check digitization and converting Explanation of Benefits (EOBs) into standardized 835 electronic remittance advice documents.
The Problem of Manual Payments in Healthcare
Traditionally, processing
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OM1 Unveils AI-Powered Phenotyping Platform for Personalized Medicine
What You Should Know:
- OM1 introduces three new products: OM1 Orion, OM1 Lyra, and OM1 Polaris powered by PhenOMTM – an artificial intelligence-powered digital phenotyping platform for personalized medicine and clinical research.
- OM1 is the leader in providing Real-World Evidence (RWE) insights from bench to bedside, leveraging
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Truveta Expands EHR Data Access with Complex Concepts & Millions of Images
What You Should Know:
- Today Truveta announced the availability of expanded concepts from clinical notes -- including family history, medication details reported to providers, and complex concepts for a wide range of therapeutic areas from cardiology to rare disease and more – and millions of de-identified medical images for scientifically rigorous
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Firstsource Acquires Quintessence to Bolster AI-Powered Revenue Cycle Management Solutions
What You Should Know:
- Firstsource Solutions Limited (FSL), a leading global provider of Business Process Management (BPM) services, announced the acquisition of Quintessence Business Solutions & Services Private Limited (QBSS).
- The strategic acquisition strengthens Firstsource's position in the healthcare revenue cycle management (RCM) market, particularly in the United States. Financial details of the acquisition were not disclosed.
Enhanced RCM
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Contexture and QHN Partner to Strengthen Health Information Exchange in Colorado
What You Should Know:
- Contexture and Quality Health Network (QHN) announced today their official affiliation, creating a unified force for health information exchange (HIE) across Colorado.
- The strategic move strengthens collaboration and expands resources for healthcare providers in the state.
Combining Expertise for Enhanced HIE
This affiliation brings together staff, technology, and operations of both organizations under the Contexture umbrella. Contexture, already the
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Intermountain Health Deploys Nuance’s DAX Copilot Across Enterprise
What You Should Know:
- Intermountain Health, a leading healthcare system serving the Intermountain West, announced today the enterprise-wide deployment of Nuance Communications' Dragon® Ambient eXperience™ (DAX™) Copilot, a generative AI solution aimed at improving clinical documentation efficiency and reducing administrative burdens.
- Intermountain Health emphasizes the responsible development and application of AI technology. DAX Copilot incorporates Microsoft's responsible AI
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Livara Health Secures $15M to Expand Value-Based Musculoskeletal Care Solutions
What You Should Know:
- Livara Health, a leading provider of value-based musculoskeletal (MSK) management solutions, raises $15M in Series B funding led by A1 Health Ventures.
- Existing investors Polaris Partners, Providence Ventures, Martin Ventures, and a new strategic investor also participated in the round.
Livara Health: A Leader in Value-Based MSK Care
Livara Health (formerly SpineZone) offers a comprehensive value-based MSK management solution. Through a
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M&A: Avel eCare acquires Horizon Virtual
What You Should Know:
- Avel eCare, the nation's leading provider of clinician-to-clinician telemedicine services, continues its aggressive growth strategy with the acquisition of Horizon Virtual, a Minnesota-based virtual hospitalist services provider.
- This acquisition builds upon Avel's previous expansion, including the January 2023 acquisition of remote pharmacy services provider NightWatch. Today, Avel serves hundreds of customers across the country with a comprehensive suite
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