What You Should Know:
- Corti.ai, a Copenhagen, Denmark-based AI-powered patient consultations platform today announced it has raised $27M in Series A funding led by Vaekstfonden, the Danish Growth Fund and Chr. Augustinus Fabrik, who joins existing investors Hearcore, Id Invest, and byFounders.
- Founded by Lars Maaløe and Andreas Cleve in 2016, Corti provides an augmentative AI platform that uses speech recognition technology to analyze patient consultations in real time and then
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Health IT | News, Analysis, Insights - HIT Consultant
Seven Bridges and Scripps Research Awarded Contract to Develop Data Ecosystem for the National Institute of Allergy and Infectious Diseases
What You Should Know:
- Seven Bridges, the industry-leading bioinformatics ecosystem provider, and Scripps Research have been awarded a $7.5M contract to develop a federated data ecosystem for the National Institute of Allergy and Infectious Diseases (NIAID) under a project titled the NIAID Data Ecosystem (NDE).
- The NDE Data Ecosystem will provide a secure environment where researchers will be able to find, access and analyze data from select repositories and knowledge bases to speed the
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Closing the Digital Divide in Healthcare & Equitable Telehealth Access
We live in an era of rapid innovation and digital transformation in healthcare. According to Accenture’s 2021 Digital Health Tech Vision report, 93% of health executives said their organizations are prioritizing urgent innovations this year; meanwhile, 81% said the pace of innovation is picking up in their organizations.
All of this innovation is being fueled by a sharp increase in funding for digital health. An estimated $6.7 billion went to healthcare startups during the first quarter of
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Azalea Health Acquires dashboardMD for Integrated EHR‑based Business Intelligence
What You Should Know:
- Azalea Health Innovations Inc. (Azalea Health or Azalea), a provider of cloud-based patient management and health IT solutions, today announced its acquisition of dashboardMD, an innovative cloud provider of business intelligence reporting solutions and healthcare analytics. Financial details of the acquisition were not disclosed.
- The acquisition pairs two true innovators in the health IT space -- Azalea with its fully interoperable, cloud-based electronic health
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Intelerad Acquires Insignia Medical Systems, UK-Based Enterprise Imaging Provider
What You Should Know:
Today, Intelerad Medical Systems, a provider of medical image management solutions, announced its acquisition of Insignia Medical Systems, a leading UK-based enterprise imaging provider. The deal signals an important step in expanding next-generation imaging solutions and resources to help modernize hospital trusts across the UK and marks the company’s fifth acquisition in the past year.
Notably, the UK healthcare system is facing an aging and growing population,
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TransUnion Explores Sale of TransUnion Healthcare, Sources Say
What You Should Know:
- Credit reporting agency TransUnion is currently evaluating the sale of its revenue cycle management subsidiary, TransUnion Healthcare, PE Hub first reports.
- Sources report TransUnion Healthcare at an initial valuation of $1.9B to $2.2B with approximately $100M of earnings before interest, taxes, depreciation, and amortization (EBITDA).
- TransUnion Healthcare makes mutual trust possible between patients, providers, and payers by helping them navigate payment
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State of Consumerism in Healthcare 2021: Regaining Momentum
What You Should Know:
- Hospitals and health systems that launched or accelerated digital health capabilities during the outset of the COVID-19 pandemic are failing to commit fully to the digital and consumer-centered transformation required to deliver care when, where and how consumers want to receive it, according to Kaufman Hall’s 2021 Healthcare Consumerism Survey.
- The survey found only 7% of participating organizations performed in the first tier of the Kaufman Hall Healthcare
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Laguna Health Launches App-Based Digital Care For Post-Hospital Recovery at Northshore
What You Should Know:
- Laguna Health today launched a full app experience to bridge the care gap between discharge and recovery. Currently, in a clinical trial with NorthShore University Health System, Laguna Health marries a proven clinical treatment model with a digital-first care team, personalized recovery plans, coaching, data-driven interventions and expansive behavioral health resources, now delivered in a friendly and accessible app-based environment.
- With two-thirds of
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Utilizing Tech to Improve Patient Experience Amid The No Surprises Act
With the No Surprises Act taking effect in less than four months, it is critical that hospitals and providers leverage technology to ensure patients are informed about their expected care costs prior to receiving services. Despite industry improvements in the last several years, there remains a pressing need for more meaningful price transparency in healthcare. The No Surprises Act, in addition to recent revisions to existing Centers for Medicare and Medicaid Services (CMS) price transparency
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Invitae Acquires Ciitizen for $325M to Strengthen its Patient-Consented Health Data Platform
What You Should Know:
- Medical genetics company Invitae today announced its $325M acquisition of Ciitizen, a patient-centric consumer health tech company that offers a global platform to help patients collect, organize, store and share their medical records digitally.
- Ciitizen is a patient-centric consumer health technology platform that enables patients to collect, store and share their medical records in a single location. Ciitizen developed proprietary machine learning and AI
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