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Health IT | News, Analysis, Insights - HIT Consultant

AI and RCM Leader XiFin Receives New Investment, Appoints Jeff Margolis to Board

by Syed Hamza Sohail 09/04/2025 Leave a Comment

AI and RCM Leader XiFin Receives New Investment, Appoints Jeff Margolis to Board

What You Should Know: - XiFin, a leader in revenue cycle management (RCM) and billing solutions enhanced with embedded artificial intelligence (AI), today announced a new growth capital investment, as well as the addition of health IT innovator and futurist Jeff Margolis to its Board of Directors. -  The funding round builds on XiFin’s 19% year-over-year growth, driven by client adoption of its flagship next-gen platform, XiFin® Empower, and successful execution of compelling business
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Joint Ai Secures $315K to Expand AI-Powered Triage Platform for Knee and Hip Arthritis

by Syed Hamza Sohail 09/04/2025 Leave a Comment

Joint Ai Secures $315K to Expand AI-Powered Triage Platform for Knee and Hip Arthritis

What You Should Know: - Joint Ai, an AI-powered triage platform for patients with knee and hip arthritis, has received a $315,000 investment from the Richard King Mellon Foundation. - The funding will accelerate technology development, deepen strategic partnerships, and broaden nationwide access to orthopaedic surgeons. Funding from Richard King Mellon Foundation to Enhance Technology, Partnerships, and Access to Orthopaedic Care Arthritis represents a growing challenge for the U.S.
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Prominence Advisors Acquires Tegra Analytics to Unify Healthcare and Life Sciences Data

by Fred Pennic 09/04/2025 Leave a Comment

Prominence Advisors Acquires Tegra Analytics to Unify Healthcare and Life Sciences Data

What You Should Know:  - Prominence Advisors, a leader in healthcare data enablement, has announced its acquisition of Tegra Analytics, a life sciences analytics consultancy. The acquisition extends Prominence's data enablement platform into the life sciences sector, strengthening its services across providers, payers, and life sciences organizations. - The acquistion will bring together expertise from both healthcare and life sciences, along with industry-leading customer service.
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Senseonics to Take Over Eversense 365 Commercialization from Ascensia

by Jasmine Pennic 09/04/2025 Leave a Comment

Senseonics to Take Over Eversense 365 Commercialization from Ascensia

What You Should Know:  - Senseonics Holdings, a medical technology company specializing in implantable continuous glucose monitoring (CGM) systems, has announced a Memorandum of Understanding (MOU) with Ascensia Diabetes Care to transition all global commercialization and distribution of its Eversense 365 and future products to Senseonics. Since 2020, Ascensia, a member of PHC Group, has held the exclusive worldwide distribution rights for Eversense products. This strategic move is
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Oracle Confirms Layoffs in Kansas City

by Jasmine Pennic 09/04/2025 Leave a Comment

Oracle Confirms Layoffs in Kansas City

What You Should Know:  - Several Kansas City area-based employees at Oracle have received layoff notices, according to at least two sources with knowledge of the company's actions, KMBC reports. The company, which is now headquartered in Nashville, did not announce a total number of layoffs, but sources confirmed that several long-tenured employees have lost their jobs. - The latest round of workforce reductions comes three years after Oracle's acquisition of healthcare technology
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Epic Launches Comet: A New AI Platform to Predict Patient Health Journeys

by Fred Pennic 09/03/2025 Leave a Comment

Epic Launches Comet: A New AI Platform to Predict Patient Health Journeys

What You Should Know:  - Today, Epic announced the launch of a new form of healthcare intelligence, named Comet, developed to help clinicians, health systems, and patients make more informed decisions.  - Built on Epic Cosmos, a secure data platform, Comet is designed to predict what is likely to happen next in a patient’s journey by estimating disease risk, length of stay, and treatment outcomes. The platform has learned from more than 100 billion patient medical events to
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WellSpan Health and General Catalyst Partner to Transform Healthcare Delivery

by Fred Pennic 09/03/2025 Leave a Comment

WellSpan Health and General Catalyst Announce Partnership to Transform Healthcare Delivery

What You Should Know:  - WellSpan Health and General Catalyst’s Health Assurance Transformation Company (HATCo) have announced an expanded collaboration.  - The new initiative builds on a strategic partnership that began in 2023, with WellSpan Health becoming the first Transformation Partner to HATCo. The two organizations will work together to modernize and transform healthcare delivery through the development of new AI technologies. Targeting Three Critical Areas of
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Onvida Health and Ambience Healthcare Launch Ambient AI Integration with Epic

by Fred Pennic 09/03/2025 Leave a Comment

Onvida Health and Ambience Healthcare Launch Ambient AI Integration with Epic

What You Should Know:  - Onvida Health and Ambience Healthcare have announced the launch of new ambient AI capabilities directly inside Epic's Hyperspace and Haiku applications.  - This enterprise-wide deployment gives Onvida clinicians seamless access to Ambience's chart summarization, ambient scribing, coding, and patient summary technology without ever leaving the Epic platform. Epic Integration Impact The Epic integration builds on a successful partnership announced in
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PurpleLab Acquires KAID Health to Create AI-Powered Healthcare Intelligence Platform

by Jasmine Pennic 09/03/2025 Leave a Comment

What You Should Know:  - PurpleLab, a healthcare analytics company, has acquired KAID Health, an AI-powered clinical analytics and care management company. Financial details of the acquisition were not disclosed.  - The acquisition combines PurpleLab’s large-scale structured claims data with KAID Health’s artificial intelligence (AI) and natural language processing (NLP) technology. This creates a more complete view of patient journeys across both structured and unstructured data
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Meroka Launches With $6M to Fight Healthcare Corporate Consolidation with Employee-Owned Practices

by Fred Pennic 09/03/2025 Leave a Comment

Meroka Launches With $6M to Fight Healthcare Corporate Consolidation with Employee-Owned Practices

What You Should Know:  - Meroka, a company focused on restoring humanity in healthcare, has publicly launched with a $6M in seed funding round led by Better Tomorrow Ventures and Slow Ventures, with participation from 8VC and other investors.  - Meroka's unique approach combines an employee ownership model with technology that reduces the administrative burden of running a practice. The company's mission is to help independent care teams focus on what they do best: caring for
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