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Health IT | News, Analysis, Insights - HIT Consultant

PE Firm Harvest Partners Invest in RCM Company Med-Metrix

by Fred Pennic 06/24/2025 Leave a Comment

PE Firm Harvest Partners Invest in RCM Company Med-Metrix

What You Should Know:  - Med-Metrix, LLC, a provider of technology-enabled Revenue Cycle Management (RCM) solutions has received a significant growth investment from funds managed by Harvest Partners, LP (“Harvest”).  - The investment, made in partnership with Med-Metrix's management and its prior owner, A&M Capital (“AMC”), will support the company’s next phase of development. AMC to Retain Minority Investment The company’s management team, led by CEO Joseph Davi, will
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Oversight Beyond the FDA: New Report Untangles the Complex Regulation of Health AI Tools

by Fred Pennic 06/23/2025 Leave a Comment

Oversight Beyond the FDA: New Report Untangles the Complex Regulation of Health AI Tools

What You Should Know:  - A new report from the Bipartisan Policy Center (BPC) examines the complex and often fragmented regulatory landscape for health AI tools that fall outside the jurisdiction of the U.S. Food and Drug Administration (FDA). As AI becomes increasingly embedded in healthcare—automating administrative tasks, guiding clinical decisions, and powering consumer wellness apps—these tools operate within a patchwork of federal rules, state laws, and voluntary industry
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Healthcare Workforce Management: Don’t Let Fear of Change Hold You Back

by Courtney Green, MSN, RN, NE-BC, SVP of Nurse & Staff Workforce Management Solutions at QGenda 06/23/2025 Leave a Comment

Healthcare Workforce Management: Don’t Let Fear of Change Hold You Back

From AI and robot-assisted surgery to CRISPR genetic editing that designs personalized medicine to 3D printing creating custom prosthetics and building organ models for surgical practice, healthcare has routinely looked to stunning innovations in technology to improve patient outcomes and push forward extraordinary advances in medical knowledge. There have been notable technology advances for patient care and management, but the healthcare industry remains hesitant to embrace change in solutions
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HFMA25: FinThrive Launches New AI Platforms to Stop Revenue Leakage

by Fred Pennic 06/23/2025 Leave a Comment

FinThrive Launches New AI Platforms to Stop Revenue Leakage

What You Should Know:  - FinThrive, a healthcare revenue management SaaS provider, today announced the launch of FinThrive Fusion™, the first dynamic intelligence platform purpose-built on a modernized data fabric to power the future of revenue cycle management (RCM) innovation.  - The company also announced the launch of FinThrive Denials and Underpayments Analyzer, a next-generation analytics solution powered by the new platform. Introducing the Denials and Underpayments
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The Longevity Code: How AI Gait Analysis Is Rewriting the Future of Aging

by Patrick Tarnowski, PT, MBA, Chief Commercial Officer, OneStep 06/23/2025 Leave a Comment

Americans are living longer lives than ever before, but are we living better? The data is sobering: while life expectancy continues to rise, healthspan, or the number of years spent in good health, isn’t keeping up. A recent study published in the JAMA Network highlights this growing gap, with the United States facing a troubling 12-year disparity between lifespan and healthspan. That means millions of Americans are spending over a decade grappling with chronic illness, mobility issues and
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Knowtion Health Acquires Switch RCM to Enhance AI-Powered Revenue Recovery Solutions

by Fred Pennic 06/23/2025 Leave a Comment

Knowtion Health Acquires Switch RCM to Enhance AI-Powered Revenue Recovery Solutions

What You Should Know:  - Knowtion Health, a healthcare revenue cycle company, has acquired Switch RCM, a data- and technology-first company that uncovers and resolves overlooked reimbursement opportunities through intelligent automation and data-driven innovation.The financial terms of the transaction were not disclosed. - The combination of Knowtion and Switch RCM is designed to address the growing challenges faced by health systems, including increasing payer complexity, shrinking
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Clearsense and Nordic to Deliver End-to-End Application Portfolio Management Solution

by Jasmine Pennic 06/23/2025 Leave a Comment

Clearsense and Nordic to Deliver End-to-End Application Portfolio Management Solution

What You Should Know:  - Clearsense®, a cloud-based data enablement platform company, and Nordic®, a global healthcare consulting firm announced a strategic collaboration to offer the industry’s only end-to-end solution for Application Portfolio Management (APM). - The partnership is designed to help health systems assess, prioritize, and eliminate redundant or outdated software applications, unlocking immediate savings and modernizing their IT infrastructure. Addressing the Challenge
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Diabetes-Related Healthcare Costs Have Plateaued, Marking a Rare Opportunity for Employers, Nomi Health Report Finds

by Jasmine Pennic 06/23/2025 Leave a Comment

Diabetes-Related Healthcare Costs Have Plateaued, Marking a Rare Opportunity for Employers, Nomi Health Report Finds

What You Should Know:  - After decades of relentless increases, diabetes-related healthcare costs have finally plateaued, according to a new analysis by Nomi Health. The key finding from the company's latest "Trends in Spend" report marks a rare moment of opportunity for self-funded employers to re-evaluate how they manage one of their highest-cost conditions before the next wave of expenses hits. - Analyzing employer-sponsored claims data from 2021–2024, Nomi Health found that while
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Layer Health and Intermountain Health to Deploy AI for Clinical Data Abstraction

by Fred Pennic 06/20/2025 Leave a Comment

Layer Health and Intermountain Health to Deploy AI for Clinical Data Abstraction

What You Should Know:  - Layer Health, an artificial intelligence (AI) company in healthcare announced a strategic collaboration with Intermountain Health, one of the nation’s top integrated health systems. The collaboration includes a strategic investment from Intermountain Ventures, Intermountain’s innovation and venture capital arm, and a multi-year initiative to deploy the Layer Health AI platform across multiple clinical registries. - The partnership aims to improve the accuracy,
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Huron to Acquire Revenue Cycle Consulting Firm Eclipse Insights

by Fred Pennic 06/20/2025 Leave a Comment

Huron to Acquire Revenue Cycle Consulting Firm Eclipse Insights

What You Should Know:  - Huron has entered into an agreement to acquire Eclipse Insights, a revenue cycle consulting firm dedicated to helping healthcare organizations maximize revenue and improve cash flow. This acquisition is set to enhance Huron’s ability to drive revenue cycle yield and efficiencies for its clients. - The move comes as healthcare providers continue to face significant financial challenges, including ongoing margin pressures, workforce shortages, declining
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