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Health IT | News, Analysis, Insights - HIT Consultant

M&A: Health Catalyst Acquires Upfront Healthcare Services

by Syed Hamza Sohail 01/15/2025 Leave a Comment

M&A: Health Catalyst Acquires Upfront Healthcare Services

What You Should Know: -       Health Catalyst, Inc. (“Health Catalyst,” Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced it has signed a definitive agreement to acquire Upfront Healthcare Services, Inc. (“Upfront”), a next-generation patient engagement platform provider. Health Catalyst anticipates the acquisition will close in the first quarter of
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Waystar Launches AltitudeAI to Combat Claim Denials with AI-Powered Automation

by Syed Hamza Sohail 01/15/2025 Leave a Comment

Waystar Launches AltitudeAI to Combate Claim Denials with AI-Powered Automation

What You Should Know: -  Waystar (Nasdaq: WAY), a provider of leading healthcare payment software, today announced the launch of Waystar AltitudeAI™, a comprehensive set of AI capabilities for providers, including AltitudeCreate™, a new generative AI innovation focused on appealing denied claims. -  By autonomously generating appeal letters, Waystar aims to help providers recover a substantial portion of payments tied to more than 450 million annually denied claims, ultimately enabling
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Access Healthcare Secures Strategic Investment from New Mountain Capital

by Syed Hamza Sohail 01/15/2025 Leave a Comment

Access Healthcare Secures Strategic Investment from New Mountain Capital

What You Should Know: -  Access Healthcare, a leading technology-enabled platform for revenue cycle management (RCM), today announced a strategic investment from affiliates of New Mountain Capital, LLC (“New Mountain”), a leading growth-oriented investment firm with approximately $55 billion in assets under management. -  This investment will support Access Healthcare’s next phase of growth, focusing on advancing its capabilities in artificial intelligence, workflow automation, product
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25 Executive Digital Health Predictions & Trends to Watch in 2025

by Fred Pennic 01/14/2025 Leave a Comment

25 Executive Digital Health Predictions & Trends to Watch in 2025

From the rise of personalized nutrition to the growing importance of interoperability, healthcare is on the cusp of transformative change. Explore the key trends and predictions that will shape the healthcare landscape in 2025, according to 25 industry leaders. Naveen Jain, CEO and Founder of Viome "By 2025, personalized nutrition will evolve from a niche innovation to a cornerstone of mainstream wellness. Faced with escalating healthcare costs, insurers and employers will adopt
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Mayo Clinic to Deploy Abridge’s AI-Powered Clinical Documentation Across Enterprise

by Syed Hamza Sohail 01/14/2025 Leave a Comment

Mayo Clinic to Deploy Abridge's AI-Powered Clinical Documentation Across Enterprise

What You Should Know: -  Abridge has finalized an enterprise-wide agreement with Mayo Clinic to implement the AI-powered clinical documentation platform, starting with approximately 2,000 clinicians who serve over 1 million patients annually across a wide range of specialties and care settings. -  This marks a significant expansion in the collaboration between Mayo Clinic and Abridge, building on the previously announced initiative to enhance nursing documentation workflows, which are
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Helix, Komodo Health Partner to Enhance Clinico-Genomic Datasets for Research

by Syed Hamza Sohail 01/14/2025 Leave a Comment

Helix, Komodo Health Partner to Enhance Clinico-Genomic Datasets for Research

What You Should Know: - Helix, a leader in population genomics and precision health, and Komodo Health, a leader in healthcare technology and data-driven insights, are partnering to further enrich Helix's clinico-genomic datasets within the Helix Research Network (HRN) for research and life science partners. - The partnership will add insights derived from medical, pharmacy and mortality data from Komodo's Healthcare Map®, the industry's most robust and precise view of longitudinal
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WindRose Invests in CIVIE, an AI-Powered Radiology Solutions Provider

by Fred Pennic 01/14/2025 Leave a Comment

WindRose Invests in CIVIE, an AI-Powered Radiology Solutions Provider

What You Should Know:  - WindRose Health Investors, a New York-based healthcare private equity firm, announced a strategic investment in CIVIE, an AI-powered ecosystem of radiology solutions.  - The investment will fuel CIVIE's growth and development of its innovative technology platform, designed to optimize revenue, enhance productivity, and improve patient outcomes for radiology practices and hospital systems. A Collaborative Partnership WindRose partnered with the
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Innovation & Risks: The Double-Edged Sword of Health Technology

by Justin Kozak, Risk Management Expert and Biotech Industry Lead at Founder Shield 01/14/2025 Leave a Comment

Innovation & Risks: The Double-Edged Sword of Health Technology

The health technology landscape is a rapidly evolving ecosystem where innovation and risk coexist. Developers and manufacturers must balance technological advancements with a rigorous approach to risk management. This entails navigating complex regulatory frameworks, ensuring supply chain security, and prioritizing cybersecurity. By adopting a holistic perspective and proactively mitigating potential risks, health technology companies can drive innovation while safeguarding patient safety and
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Mayo Clinic Launches Digital Pathology Platform

by Fred Pennic 01/13/2025 Leave a Comment

Mayo Clinic Launches Digital Pathology Platform

What You Should Know:  - Mayo Clinic launches Mayo Clinic Digital Pathology, a platform designed to leverage the power of its vast digital slide archive to transform pathology and accelerate medical advancements.  - The initiative, powered by a collaboration with NVIDIA and Aignostics, aims to unlock the potential of digital pathology and drive innovation in diagnostics and treatment. Addressing the Challenges of Analog Pathology Traditional pathology practices often rely on
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Hyperautomation in Healthcare: Transforming IT with Benefits and Risks

by Amol Dalvi, VP of Product at Nerdio 01/13/2025 Leave a Comment

Healthcare is navigating an era of unprecedented technological evolution while contending with rising cybersecurity threats and increasing demands on IT systems. Amid these challenges, hyperautomation emerges as a transformative strategy capable to revolutionize operations, enhance security, and drivie efficiency. However, achieving its full potential  requires thoughtful implementation and a proactive risk management.  This article explores hyperautomation’s transformative
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