What You Should Know:
- Redox, a provider of healthcare data interoperability solutions, has announced its membership in CommonWell Health Alliance, a Qualified Health Information Network™ (QHIN™).
- Redox brings a key advantage to CommonWell's QHIN participants: real-time writeback for direct connections. This capability enhances data exchange and workflow efficiency.
Expanding Access to Critical Healthcare Data:
By joining CommonWell, Redox aims to empower a wide range of
Read More
Health IT | News, Analysis, Insights - HIT Consultant
Transparency in Healthcare: Why It’s Essential for Patient Trust
Healthcare organizations need patient trust to operate successfully, and a lack of transparency is the biggest threat to maintaining the good faith of the people they serve. Whether it’s pricing, treatment methods, drug costs, or even the efficacy of medications, patients often feel left in the dark. And in an industry where life-altering decisions hinge on trust, transparency isn’t just a nice-to-have—it’s critical.
When patients receive medication, they should be confident that it was
Read More
CareCloud Acquires RevNu Medical Management to Expand Audiology RCM
What You Should Know:
- CareCloud, a provider of practice management, healthcare technology, and AI-driven solutions for medical practices acquires RevNu Medical Management (RevNu), an emerging revenue cycle management (RCM) company specializing in audiology.
- Financial details of the acquisition were not disclosed.
Expanding in the Audiology Market
This acquisition represents a strategic move by CareCloud to expand its presence in the U.S. audiology market. The U.S.
Read More
Healthcare Downtime: The Cost of Digital Failures and Threats to Patient Safety
If we learned anything from the CrowdStrike fiasco of July 2024, it’s how much our daily lives depend on digital systems and how that reliance can spell disaster when these systems fail. Flights were grounded, banking systems went down, and hospitals and healthcare clinics were forced to delay or even cancel services.
Delta lost an estimated $380 million in revenue for its September quarter. But the stakes are even higher in healthcare, where digital platforms have become the backbone of
Read More
Serve You Rx Integrates With Waltz Health’s AI Specialty Pharmacy Platform
What You Should Know:
- Serve You Rx, a full-service pharmacy benefit manager (PBM), has announced a strategic partnership with Waltz Health to integrate Waltz Connect, an AI-powered specialty platform.
- The collaboration aims to address the rapidly escalating costs of specialty medications, which have surged by over 40% in recent years, reaching $300 billion annually.
Enhanced Specialty Medication Management
By integrating Waltz Connect, Serve You Rx is reinforcing its
Read More
MedeAnalytics Launches Health Fabric™ on Snowflake AI Data Cloud to Transform Healthcare Data
What You Should Know:
- MedeAnalytics, a provider of healthcare enterprise data enrichment platforms and analytics software-as-a-service (SaaS) launches Health Fabric™ on the Snowflake AI Data Cloud.
- The new integration with Snowflake empowers healthcare organizations to unify and leverage disparate data sources, optimizing their existing infrastructure and driving improved patient outcomes.
Health Fabric™: A Unified Platform for Healthcare Analytics:
Health Fabric™ is
Read More
With RCM Staff in Short Supply, Is AI the Missing Piece?
A hefty 63% of healthcare providers are grappling with revenue cycle management (RCM) staffing shortages, causing significant operational and patient-care challenges across the healthcare system.
The staffing deficit has created a challenging cycle: understaffed RCM departments struggle to handle claims denials, leading to delayed reimbursements and increased administrative costs. When staff members spend excessive time investigating and correcting denied claims, it prevents them from
Read More
Ascend Learning Acquires Clover Learning to Expand Healthcare Education Offerings
What You Should Know:
- Ascend Learning, a healthcare and learning software company acquires Clover Learning, a pioneer in online diagnostic imaging education.
- The acquisition strengthens Ascend's portfolio of allied health brands and supports its mission to deliver comprehensive training and certification solutions to healthcare professionals.
Addressing the Radiology Workforce Shortage:
The acquisition comes at a crucial time, as the aging U.S. population drives
Read More
HHS Overhaul Aims to Save $1.8B Annually, 10,000 Jobs Cut
What You Should Know:
- The U.S. Department of Health and Human Services (HHS) has announced a significant restructuring initiative, undertaken in accordance with President Trump's Executive Order, "Implementing the President's 'Department of Government Efficiency' Workforce Optimization Initiative."
- The restructuring will result in an estimated $1.8B in annual savings through a reduction in the workforce by approximately 10,000 full-time employees. Combined with other HHS
Read More
GE HealthCare Revolution Vibe CTi: AI-Powered CT for Advanced Cardiac Imaging
What You Should Know:
- GE HealthCare launches of its Revolution Vibe CTi, a new computed tomography (CT) system designed to elevate patient care by providing advanced cardiac imaging technology.
- The system aims to deliver fast, accurate diagnoses, improve operational efficiency, and enhance patient outcomes in cardiovascular disease (CVD) management.
Addressing the Global Burden of Cardiovascular Disease
Cardiovascular disease (CVD) is a leading cause of death and
Read More
