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Health IT | News, Analysis, Insights - HIT Consultant

Innovaccer Acquires Humbi AI to Launch AI Actuarial Copilots

by Fred Pennic 01/21/2025 Leave a Comment

Innovaccer Acquires Humbi AI to Enhance Healthcare Intelligence Cloud

What You Should Know:  - Innovaccer, a healthcare AI company, announced the acquisition of Humbi AI, a specialized healthcare actuarial software, services, and analytics company. Financial details of the acquisition were not disclosed. - The transaction marks Innovaccer's third acquisition in recent years, following Cured and Pharmacy Quality Solutions (PQS) in 2024, further solidifying the company's commitment to driving advanced healthcare transformation. Enhance Healthcare
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Denver Health to Deploy Nabla’s Ambient AI Asst. to Combat Clinician Burnout

by Fred Pennic 01/21/2025 Leave a Comment

Nabla's AI Assistant Gets $24M Boost to Combat Clinician Burnout and Streamline Care

What You Should Know:  - Denver Health, an integrated health system and Colorado's primary safety-net provider has partnered with Nabla, an ambient AI technology for healthcare, to deploy its AI-powered assistant across its network of hospitals and clinics.  - The collaboration marks a significant milestone for both organizations, demonstrating the potential of AI to address critical challenges in healthcare delivery, particularly for underserved populations. 8-Week Pilot
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HCA Healthcare UK Deploys Hyland’s AI-Driven AP Solutions

by Jasmine Pennic 01/21/2025 Leave a Comment

HCA Healthcare UK Deploys Hyland’s AI-Powered Automation to Streamline Financial Operations

What You Should Know:  - Hyland, a leading provider of content management solutions, today announced a strategic partnership with HCA Healthcare UK to optimize financial operations and enhance data accessibility through its AI-driven Accounts Payable (AP) solutions.  - The collaboration leverages several cornerstone products of Hyland's unified Content Innovation Cloud, empowering HCA Healthcare UK to streamline processes, reduce costs, and drive scalability for future
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MultiCare Health Taps IllumiCare to Tackle Clinical Waste with AI

by Fred Pennic 01/21/2025 Leave a Comment

MultiCare Health Taps IllumiCare to Tackle Clinical Waste with AI

What You Should Know:  - MultiCare Health System, a large healthcare network in Tacoma, Washington, has partnered with IllumiCare to integrate its clinical decision support (CDS) solution directly into its Epic electronic health record (EHR) system.  - The integration provides clinicians with real-time recommendations at the point of care, helping them make more informed decisions about medications, lab tests, and imaging studies. Targeting Inefficiencies in Healthcare
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The Future of Revenue Cycle Management (RCM) in Healthcare: 4 Key Trends to Watch in 2025

by Kyle Fetter, Chief Operating Officer at XiFin 01/20/2025 Leave a Comment

The Future of Revenue Cycle Management (RCM) in Healthcare: 4 Key Trends to Watch in 2025

The revenue cycle management (RCM) landscape for healthcare is poised for significant transformation over the next few years. As the industry continues to evolve, RCM providers and their customers face a complex web of challenges and opportunities. Among the key trends shaping RCM in 2025 are: Rising Costs Driven by Cybersecurity and Regulatory Compliance Demands and Increasing Patient Bad Debt Rates The cost of doing business is increasing. RCM providers invest in robust
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GoodRx: The Average Price Per Insulin Unit Dropped 42%

by Jasmine Pennic 01/20/2025 Leave a Comment

What You Should Know:  - The average price per insulin unit dropped 42%, from $0.33 in 2019 to $0.19, in mid-2024, according to a new report from GoodRx. The drop represent the lowest average recorded in a decade.  - Thanks to the Inflation Reduction Act and voluntary price cuts by major insulin manufacturers, prices have seen significant declines. Products like Lantus, Novolin N, Humalog, and Humulin N are now more affordable than they have been in years. Insulin Costs
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Medicare Advantage Organizations: 7 Ways to Ensure Your Document Management Platform Offers Full Automation

by Sohail Malik, Vice President, Healthcare Solutions, Messagepoint, Inc. 01/20/2025 Leave a Comment

Medicare Advantage Organizations: 7 Ways to Ensure Your Document Management Platform Offers Full Automation

For Medicare Advantage Organizations (MAOs), the summer months have historically been defined by the high stakes, tight turnarounds and document management challenges of the Annual Enrollment Period (AEP). From the first Monday in June to late September, employees of MAOs clear personal calendars to carry out the demanding responsibilities of modifying all plan documents to reflect a variety of updates, including those for each individual plan offering, as well as the model document language and
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Knack RCM Acquires HealthyBOS, Expanding Global Footprint and DME Expertise

by Fred Pennic 01/20/2025 Leave a Comment

Knack RCM Acquires HealthyBOS, Expanding Global Footprint and DME Expertise

What You Should Know:  - Knack RCM, a provider of tech-enabled revenue cycle management (RCM) services, today announced the acquisition of HealthyBOS, a prominent U.S. and Philippines-based RCM provider specializing in the durable medical equipment (DME) sector.  - The strategic move significantly expands Knack RCM's global footprint and strengthens its position in the rapidly growing RCM market. Financial details of the acquisition were not disclosed.  Strategic
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Cedars-Sinai Under Fire: Kerlan-Jobe Alleges Unlawful Conduct in $150M Lawsuit

by Fred Pennic 01/20/2025 Leave a Comment

Cedars-Sinai Under Fire: Kerlan-Jobe Alleges Unlawful Conduct in $150M Lawsuit

What You Should Know: - The Kerlan-Jobe Orthopaedic Clinic, a renowned institution known for pioneering the Tommy John surgery and its commitment to athletes and first responders, has filed a $150M lawsuit against Cedars-Sinai Medical Care Foundation, Santa Monica Orthopaedic and Sports Medicine Group (SMOG), and several executives.  - The lawsuit, filed in Los Angeles County Superior Court, alleges a decades-long scheme by Cedars-Sinai to misappropriate Kerlan-Jobe's reputation,
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Mayo Clinic, SandboxAQ Expand Collaboration to Advance AI Cardiac Diagnostics in Amyloidosis

by Fred Pennic 01/17/2025 Leave a Comment

Mayo Clinic, SandboxAQ Expand Collaboration to Advance AI Cardiac Diagnostics

What You Should Know: - Mayo Clinic is expanding its collaboration with SandboxAQ, a provider of artificial intelligence (AI) medical apps to explore the use of electrocardiography (ECG) and magnetocardiography (MCG) technologies for characterizing disease progression and treatment response in patients with amyloidosis. - The expanded partnership highlights the potential of combining AI and advanced sensing technology to revolutionize cardiac diagnostics. Improved Detection and
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