What You Should Know:
- Kiwi, a healthcare financial platform, announced its official launch, bolstered by a $10M seed funding round. The $10M seed round comprises $2M in pre-seed equity financing and $8M in debt financing allocated initially for Peru, with a potential extension planned for Mexico. The round saw leadership from key industry figures: Tyler Johnson (CEO at HFD, General Partner at MVRK Capital), Beau Woodward (Director at HFD, General Partner at MVRK Capital and WDC Genesis),
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Health IT | News, Analysis, Insights - HIT Consultant
Health System Margins Fall Below 1% in March Despite Rising Volumes, Revenues
What You Should Know:
- U.S. hospitals nationwide experienced increases across most metrics—including revenues, patient volumes, and expenses—to close the first quarter of 2025. However, operating margins for health systems dipped below the 1% threshold in March for the first time in 15 months, according to new data released by Strata Decision Technology.
- While individual hospitals continued to show margin improvement, escalating non-labor costs put renewed pressure on
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Mount Sinai Calibrates AI Algorithm to Provide Specific HCM Risk Probabilities from ECGs
What You Should Know:
- Researchers at Mount Sinai have enhanced an existing artificial intelligence (AI) algorithm to provide specific numeric probabilities identifying patients at risk for hypertrophic cardiomyopathy (HCM), a common inherited heart condition, based on their electrocardiogram (ECG) readings.
- The calibration of the FDA-approved Viz HCM algorithm, detailed in a study published April 22, 2025, in NEJM AI, aims to provide more meaningful and actionable
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Sohar Health Launches ‘Discovery’ AI Solution for Rapid Patient Insurance Verification
What You Should Know:
- Sohar Health, a provider specializing in AI-driven eligibility determination and Verification of Benefits (VoB), announced the launch of Discovery.
- The patient intake solution leverages AI to redefine how healthcare providers verify insurance, using minimal patient data to quickly determine coverage status and plan details. The launch aims to significantly reduce verification delays, improve patient access to care, and enhance revenue cycle efficiency
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Kaiser Permanente Appoints Neil Cowles as Chief Information and Technology Officer
What You Should Know:
- Kaiser Permanente has appointed Neil Cowles as the organization’s new chief information and technology officer (CITO), effective immediately.
- Cowles, who most recently served as chief technology officer since June 2024, will now lead Kaiser Permanente's extensive information and technology organization.
- As CITO, Cowles will guide the technological future of an organization renowned for its 80-year history of using technology to improve care.
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Nabla Expands Partnership with FQHC Neighborhood Healthcare, Rolling Out Ambient AI Assistant to All Clinicians
What You Should Know:
- Nabla, an ambient AI assistant for clinicians, today announced an expanded partnership with Neighborhood Healthcare, a prominent Federally Qualified Health Center (FQHC) serving nearly 100,000 patients annually across California's San Diego and Riverside counties.
- Following a highly successful four-month pilot program, Nabla's AI assistant is now being implemented live across all 220 clinicians within the organization, aiming to alleviate
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Elation Health Partners with SMG to Deliver Custom EHR for 5,000+ Physicians
What You Should Know:
- Elation Health, the clinical-first technology company powering innovation in primary care, today announced a strategic partnership with Seoul Medical Group Health, Inc. (SMG), the nation’s largest Korean-American-focused Independent Practice Association (IPA) serving more than 100,000 patients through a robust network of over 5,000 primary care physicians and specialists across seven U.S. markets.
- Through this partnership, SMG’s affiliated primary care practices
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Reveleer Acquires Novillus, Strengthening Value-Based Care Solutions
What You Should Know:
- Reveleer, a technology platform for value-based care announced its acquisition of Novillus, a company known for its insight-driven care gap management and frictionless provider engagement solutions.
- The strategic acquisition significantly enhances Reveleer's suite of clinical intelligence and quality improvement tools, aiming to empower health plans and providers to collaborate more effectively for improved patient outcomes, stronger regulatory
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Lena Health Raises $2M for AI-Powered Care Coordinator
What You Should Know:
- Lena Health, an AI-powered care coordinator raises $2M in seed funding round co-led by Emergent Ventures and Cultivation Capital, the round saw participation from the Texas Medical Center (TMC) Venture Fund and Caravan Health Ventures (CHV).
- The capital is designated for expanding the company's services nationwide, enhancing its capabilities for navigating complex community resource networks, and further augmenting care teams by automating routine, yet
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Q/A: Former HHS Commissioner on Why Medicaid is the Most Innovative Program in U.S. Healthcare
Medicaid plays a vital role in the American healthcare system, providing coverage for millions of vulnerable individuals. To gain a deeper understanding of the program's evolving landscape, its unique strengths, and the challenges it faces, we spoke with Gary Jessee, Senior Vice President, National Consulting. With extensive experience on both the payer and provider sides, Jessee offers valuable insights into Medicaid's role in addressing critical needs, from long-term services and supports to
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