What You Should Know:
- AdaptX, a self-serve clinical management solution company raises $10M in funding led by Cercano Management and included participation from notable entities, such as Memorial Hermann Health System, Morningside Ventures, and returning investors Founders' Co-op, Fortson VC, Star Equity, and WRF Capital.
The company's focus is on using AI-driven technology to enable clinical leaders to make data-informed decisions and optimize patient care processes with a positive
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Health IT | News, Analysis, Insights - HIT Consultant
5G’s Role in Improving Quality and Reach of Healthcare
In the world of healthcare, new technologies aren’t just about being on the cutting edge of the latest trend. It’s about how technology can improve care and expand the reach of quality care through unprecedented methods. The latest 5G technologies, an increase in IoT devices, and the right network architecture create a perfect innovation combination for today’s healthcare sector. With faster speeds and more connected devices, healthcare professionals will be able to improve — and some already
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Michigan Health Centers Losing Almost $100 With Every Visit, Report Finds
What You Shoud Know:
- Medicaid prospective payment rate for Michigan's federally qualified health centers (FQHCs) has not kept pace with the actual costs incurred to provide healthcare, resulting in a substantial reimbursement gap of $97.95 or 36.6% on every Medicaid patient visit, according to a new report released by The Michigan Primary Care Association (MPCA).
- The report, conducted by Health Management Associates, underscores the financial challenges faced by Michigan's
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Guardant Health, Flatiron Health Integrate Genomic Profiling Tests into OncoEMR® Platform
Olive Shutters Business After Sale to Waystar and Humata Health
What You Should Know:
- Healthcare automation company Olive today announced it will shut down its business after selling its Clearinghouse and Patient Access business units to Waystar and its Prior Authorization business unit to Humata Health. Olive sold off its utilization management solution and business unit to Availity and business intelligence solution to BurstIQ earlier this year.
- Founded in 2012, Olive is a developer of an artificial intelligence workforce, automated
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Suki Expands Ambient AI at the Point of Care with 20+ New Practices
What You Should Know:
Suki, the leader in voice artificial intelligence (AI) technology for healthcare, today announces the expansion of its ambient clinical documentation solution to over 20 independent practices including Capital City Primary and Immediate Care, Silicon Valley Podiatry Group, Bay Area House Calls, Elite Foot and Ankle, Tinovus Health, and more.This news not only solidifies Suki as the leader in the space but showcases the growing demand for AI-powered tools that help
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PhaseV Raises $15M for ML-Driven Clinical Trial Optimization
What You Should Know:
PhaseV a pioneer in causal machine learning (ML) technology that optimizes clinical trial design and analysis, announced today that it has raised $15 million in funding, led by Viola Ventures and Exor Ventures, including participation from LionBird and a group of prominent angel investors.A recent Deloitte study estimates the average cost of developing a single new drug at $2.3 billion in 2022, with an average 7.1 year deployment time. Moreover, the vast
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Automation Fills Gaps Left by Revenue Cycle Talent Shortage
Healthcare providers are feeling the industry’s talent shortage in their administrative functions as well as clinical areas. One case in point: revenue cycle management. In a recent study, 63% of healthcare providers reported an inability to fill key revenue management roles. Reduced revenues and cash reserves are almost inevitable when providers don’t have sufficient staff to follow up on claims, manage appeals and help patients understand their financial responsibilities and
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HHS Proposes Rule to Establish Disincentives for Health Care Providers That Have Committed Information Blocking
What You Should Know:
- The U.S. Department of Health and Human Services (HHS) released a proposed rule for public comment that would establish disincentives for healthcare providers found by the HHS Office of Inspector General (OIG) to have committed information blocking – when a provider knowingly and unreasonably interferes with the access, exchange, or use of electronic health information except as required by law or covered by a regulatory exception.
- The proposed rule
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NextGen’s Mirth Connect Vulnerability Could Compromise Health Data
What You Should Know:
- Mirth Connect, by NextGen HealthCare, an open source data integration platform widely used by healthcare companies has been reportedly vulnerable that would allow cyberattackers to gain access compromise sensitive healthcare data. - The vulnerability, CVE-2023-43208 discovered a few months ago by IHTeam reveals versions prior to 4.4.1 are vulnerable to an unauthenticated remote code execution vulnerability. NextGen has updated Mirth Connect with an updated
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