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Health IT | News, Analysis, Insights - HIT Consultant

Private Equity Acquisition of Walgreens Raises Concerns Over Patient Care and Financial Stability

by Fred Pennic 03/10/2025 Leave a Comment

PE Firm Sycamore Partners Acquires Walgreens in $23.7B Deal

What You Should Know:  - The recent announcement of private equity firm Sycamore Partners' acquisition of national pharmacy giant Walgreens has sparked significant concern, particularly from the nonprofit watchdog Private Equity Stakeholder Project (PESP).  - PESP has released a statement expressing deep wariness about the potential impact of this takeover on patient care, worker safety, and the company's financial stability. PESP's Concerns About Private Equity in
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Azalea Health Launches AI-Powered Clinical and Billing Assistants

by Fred Pennic 03/10/2025 Leave a Comment

Azalea Health Launches AI-Powered Clinical and Billing Assistants

What You Should Know:  - Azalea Health, a provider of cloud-based healthcare IT solutions launches Clinical Assistant and Billing Assistant, two new AI-powered products designed to streamline workflows and improve efficiency for healthcare professionals.  - These intelligent AI agents seamlessly integrate into daily operations, reducing manual effort and allowing providers and billers to focus on what matters most: patient care and revenue cycle management. Clinical Assistant:
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How Optimizing Administrative Processes Can Transform Patient Access and Health Outcomes

by Hari Prasad, Founder & CEO of Yosi Health 03/07/2025 Leave a Comment

How Optimizing Administrative Processes Can Transform Patient Access and Health Outcomes

Recently, a global report from the American Journal of Managed Care has ranked the U.S. healthcare system last overall in a study of high-income nations. The abysmal ranking once again highlights glaring inefficiencies in this country’s approach to healthcare delivery.  Among the report’s most concerning findings, the U.S. ranked 10th in access to care and health outcomes, and 9th for equity and administrative efficiency. These issues paint a stark picture of a system bogged down by
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PE Firm Sycamore Partners Acquires Walgreens in $23.7B Deal

by Fred Pennic 03/06/2025 Leave a Comment

Walgreens, Pearl Health Partner to Expand Value-Based Care Delivery

What You Should Know:  - Walgreens Boots Alliance (WBA) has announced a definitive agreement to be acquired by an entity affiliated with Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments.  - The total value of the transaction is estimated to be up to $23.7B. Deal Structure and Shareholder Value WBA shareholders will receive $11.45 per share in cash at closing, along with a non-transferable right (DAP Right) to
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MSK to Deploy Abridge’s AI Oncology Clinical Documentation

by Syed Hamza Sohail 03/06/2025 Leave a Comment

MSK to Deploy Abridge's AI Oncology Clinical Documentation

What You Should Know: - Abridge announced that its AI platform to support clinical conversations will be utilized by Memorial Sloan Kettering Cancer Center (MSK) clinicians in an extensive rollout that will take place throughout 2025 and 2026 -  MSK previously piloted the Abridge AI platform in a viability study conducted by its Digital Informatics & Technology Solutions (DigITs) group through the MSK Innovation Hub program (iHub). Abridge AI: Transforming Healthcare Conversations
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Latitude Health Launches AI-Native Utilization Management Solution

by Fred Pennic 03/06/2025 Leave a Comment

Latitude Health Launches AI-Native Utilization Management Solution

What You Should Know:  - Latitude Health, a San Francisco, CA-based company is emerging out of stealth with the launch of its AI-driven utilization management designed to eliminate inefficiencies, reduce costs, and improve patient outcomes.  - Backed by  Redesign Health, Latitude Health's commitment to improving healthcare is deeply rooted in the personal experiences of its industry veteran co-founders, Chuck Feerick and Guru Nadiger.  AI-Powered UM Designed with
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Datavant Launches Clinical Insights Platform to Empower Health Plans and Providers

by Fred Pennic 03/06/2025 Leave a Comment

Datavant Launches Clinical Insights Platform to Empower Health Plans and Providers

What You Should Know:  - Datavant, a health data platform company announced the launch of its Datavant Clinical Insights Platform.  - The integrated offering provides health plans and risk-bearing providers with the tools and insights they need to effectively manage clinical data, improve care coordination, and drive better outcomes for patients. Empowering Healthcare Organizations The platform, created through Datavant's integration with Apixio, offers a comprehensive
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Elsevier Health Launches HESI Clinical Practice Readiness Assessment

by Syed Hamza Sohail 03/06/2025 Leave a Comment

Elsevier Health Launches HESI Clinical Practice Readiness Assessment

What You Should Know: - Elsevier Health, a global leader in medical information and data analytics, today launched HESI Clinical Practice Readiness Assessment (CPRA), the first standardized, objective, and reliable assessment for faculty to assess nursing students’ clinical judgment and practice readiness. - The Next Generation National Council Licensure Examination (NCLEX®) brings nursing students’ clinical judgment to the forefront and has increased the focus on clinical preparedness, an
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Report: AI and Automation to Reshape Revenue Cycle Management

by Fred Pennic 03/05/2025 Leave a Comment

Report: AI and Automation to Reshape Revenue Cycle Management

What You Should Know:  - A new report from Everest Group, supported by Omega Healthcare, highlights the transformative impact of artificial intelligence (AI) and automation on revenue cycle management (RCM) in healthcare.  - The study, titled "Realizing the Promise of Tech-Enabled, AI-Driven Revenue Cycle Management (RCM): Outsourcing in the New Era," reveals that 85% of senior healthcare executives believe AI will significantly improve RCM efficiency in the next five
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Top 10 Healthcare Cybersecurity Threats to Watch in 2025

by Russell Teague, CISO at Fortified Health Security 03/05/2025 Leave a Comment

Last year, the Change Healthcare mega-breach sent shockwaves through the industry because it was the largest data breach in U.S. history. There will undoubtedly be surprises like that in 2025 as well, so it’s important for healthcare organizations to assess the likeliest threats in order to chart a successful path forward. Here are 10 cybersecurity threats and developments that merit special attention in 2025: 1. AI-driven threats – We’ve seen a rise in AI-generated threats, with advanced
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2025 EMR Software Pricing Guide

2025 EMR Software Pricing Guide

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Lessons Learned from The Change Healthcare Cyberattack, One Year Later

Lessons Learned from The Change Healthcare Cyberattack, One Year Later

Blue Cross Blue Shield of Massachusetts Launches "CloseKnit" Virtual-First Primary Care Option

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Omada Health Launches "Nutritional Intelligence" with AI Agent OmadaSpark

Omada Health Soars in NASDAQ Debut, Signaling Digital Health IPO Rebound

Medtronic to Separate Diabetes Business into New Standalone Company

Medtronic to Separate Diabetes Business into New Standalone Company

White House, IBM Partner to Fight COVID-19 Using Supercomputers

HHS Sets Pricing Targets for Trump’s EO on Most-Favored-Nation Drug Pricing

23andMe to Mine Genetic Data for Drug Discovery

Regeneron to Acquire Key 23andMe Assets for $256M, Pledges Continuity of Consumer Genome Services

CureIS Healthcare Sues Epic: Alleges Anti-Competitive Practices & Trade Secret Theft

The Evolving Role of Physician Advisors: Bridging the Gap Between Clinicians and Administrators

The Evolving Physician Advisor: From UM to Value-Based Care & AI

UnitedHealth Group Names Stephen Hemsley CEO as Andrew Witty Steps Down

UnitedHealth CEO Andrew Witty Steps Down, Stephen Hemsley Returns as CEO

Omada Health Files for IPO

Omada Health Files for IPO

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