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Health IT | News, Analysis, Insights - HIT Consultant

8 Way AI Can Optimize Revenue Cycle Management in 2025

by Nick Patel, M.D., Physician Executive Partner for Pivot Point Consulting 01/17/2025 Leave a Comment

8 Way AI Can Optimizing Revenue Cycle Management in 2025

Revenue Cycle Management (RCM) is essential to healthcare operations, yet today's complex environments add increasing challenges. Too often, providers are in a difficult position to finance care due to growing challenges, such as experiencing over 30% of claims being denied and over a third of accounts receivable aged beyond 90 days, which can lead to a financially unsustainable situation. But there is promising news: Artificial Intelligence (AI) can be a game-changer for RCM. Today, healthcare
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The Quintuple Aim: Redefining Patient-Centered Care in the Digital Age

by Prashila Dullabh, VP & Senior Fellow, Health Sciences and Director, Health Implementation Science Center at NORC at the University of Chicago 01/17/2025 Leave a Comment

The Quintuple Aim: Redefining Patient-Centered Care in the Digital Age

Patient-centered care is constantly evolving, driven by fresh insights, innovative resources, and advancements in technology and healthcare delivery.  The Quintuple Aim is a healthcare framework at the heart of patient-centered care. It broadens the focus of healthcare improvement by prioritizing health equity alongside enhancing patient experiences, improving outcomes, reducing costs, and supporting clinician well-being. The Quintuple Aim emphasizes trust, open communication, and
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Century Health to Curate Real World EHR Data for MS Research and Treatments

by Fred Pennic 01/17/2025 Leave a Comment

Century Health to Curate Real World EHR Data for MS Research and Treatments

What You Should Know:  - Century Health, a provider in applying artificial intelligence (AI) to real-world data for research acceleration, and Nira Medical, a national leader in neurological care delivery, announced a strategic partnership to advance the understanding of multiple sclerosis (MS) and improve patient outcomes. - The collaboration will leverage Century Health's AI platform to curate and structure data from over 3,000 MS patients treated within Nira Medical's network of
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25 Executive Healthcare AI Predictions & Trends to Watch in 2025

by Fred Pennic 01/16/2025 Leave a Comment

24 Executive Healthcare AI Predictions & Trends to Watch in 2025

From AI-powered diagnostics to personalized medicine, we asked twenty four healthcare executives their insights on trends and technologies that will transform patient care in the coming year. Ashley Barrow, Founder and CEO of RE-Assist In 2025, Artificial Intelligence and the T.E.A.M. (Transforming Episode-Based Accountable Management) model will redefine care coordination, creating a smarter, faster, and more equitable healthcare system. Primary care will evolve to include more
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IntusCare Raises $11.5M to Expand Geriatric Care Solutions, Launches CareHub Platform

by Jasmine Pennic 01/16/2025 Leave a Comment

IntusCare Raises $11.5M to Expand Geriatric Care Solutions, Launches CareHub Platform

What You Should Know:  - IntusCare, a provider of predictive analytics solutions for geriatric care, announced it has secured $11.5M in a strategic follow-on financing round led by Deerfield Management, with participation from Citi Impact Fund, Jumpstart Nova, and other existing IntusCare investors..  - The new investment brings the company's total funding to over $27M, highlighting the growing demand for innovative solutions that improve care outcomes for seniors. Introducing
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Healthcare PE Firm Revelstoke Partners Invests in Omega Systems for Managed IT & Cybersecurity

by Fred Pennic 01/16/2025 Leave a Comment

What You Should Know:  - Omega Systems, a provider of managed IT and cybersecurity services, today announced a significant investment from Revelstoke Capital Partners, a private equity firm focused on healthcare growth-oriented businesses.  - With Revelstoke's support, Omega plans to accelerate its expansion strategy, enhance its robust security and compliance offerings, and further penetrate key regulated industries, including financial services and healthcare.  - The
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The Helix Research Network Adds 3 New Health System Members

by Fred Pennic 01/16/2025 Leave a Comment

The Helix Research Network Adds Three New Health System Members

What You Should Know:  - Helix, a population genomics and precision health company, announced a significant expansion of its research network with the addition of three prominent health systems: TriHealth, Parkview Health, and Rochester Regional Health.  - Each system has committed to enrolling 100,000 participants, bringing the total number of participants in the Helix Research Network to over 300,000, making it the largest and fastest-growing precision clinical research network
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Guardian Life Insurance Partners with Uber Health to Enhance Disability Support

by Fred Pennic 01/16/2025 Leave a Comment

Guardian Life Insurance Partners with Uber Health to Enhance Disability Support

What You Should Know:  - Guardian Life Insurance, a leading provider of employee benefits, has announced a new partnership with Uber Health to further enhance its support for members with long-term disability claims.  - Guardian will now provide Uber vouchers to eligible members, enabling them to access crucial medical appointments and rehabilitation services. Transportation Assistance to Long-Term Disability Claimants This initiative addresses a growing need for comprehensive
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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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