In the ever-evolving landscape of healthcare, one constant remains: the need for financial stability and growth. Healthcare providers, facing rising operational costs, regulatory changes and increased competition, must evolve their financial strategies to ensure long-term sustainability.
Historically, healthcare providers have relied heavily on chargemaster rates—the set list prices for medical services—as a primary method for revenue generation. However, as the industry faces increasing
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Health IT | News, Analysis, Insights - HIT Consultant
Cority Acquires Meddbase to Expand Occupational Health Solutions
What You Should Know:
- Cority, a provider of environmental, health, and safety (EHS) and sustainability software solutions acquires Meddbase, a pioneer in cloud-native occupational medicine and enterprise medical practice management software. Financial details of the acquisition were not disclosed.
- The strategic move strengthens Cority's commitment to workforce well-being and accelerates the development of comprehensive occupational health solutions that improve employee
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Healthcare Under Attack: Ransomware Groups Increasingly Target Hospitals and Clinics
What You Should Know:
- Black Kite, a provider of third-party cyber risk intelligence, has released new data revealing a disturbing trend: ransomware groups are disproportionately targeting healthcare organizations.
- The research, conducted by the Black Kite Research Intelligence Team (BRITE), identifies specific ransomware groups and their preferred targets within the healthcare sector, highlighting the urgent need for enhanced cybersecurity measures.
Top Ransomware Groups
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3 Key Principles to Ensuring Ethical AI Use in Healthcare
The healthcare industry is undergoing a profound transformation, not only in the tools used, but also in how patient care is approached. As the shift toward a value-based care model continues, aligning operations around improving patient outcomes and managing costs effectively is essential. Artificial intelligence (AI) is playing a key role in advancing this transition, helping healthcare organizations deliver better outcomes and reduce costs.
However, despite its promise, the adoption
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Missed Appointments: A Hidden Cost for Physicians and Patients
Physicians and patients both struggle with the healthcare system’s many idiosyncrasies, albeit in different ways. On the caregiver side, missed appointments are estimated to cost the average solo physician $150,000 annually. Moreover, they can have a negative impact on patient relationships and retention, making for a poor (and pricey) experience for all involved. For patients, missed appointments have a trickle-down effect that not only slows the delivery rate of what may be critical and
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Imagenet Acquires CODY to Expand Healthcare Compliance and Claims Solutions for Health Plans
What You Should Know:
- Imagenet, a provider of technology solutions for health plans and managed care organizations, announced the acquisition of CODY, a company specializing in member communications and compliance software and services. Financial details of the acquisition were not disclosed.
- The acquisition, finalized on December 31, 2024, strengthens Imagenet's position as a comprehensive solutions partner for health plans across various markets. Imagenet's established
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Percipio Health Launches AI-Powered Population Health Platform with $20M
What You Should Know:
- Percipio Health, a population health monitoring and management platform, today announced its official launch and the closing of a $20M in Series A funding round led by UPMC Enterprises, WAVE Ventures, and Labcorp.
- Percipio's platform, developed over the past two years, utilizes the power of AI and a simple smartphone to collect whole-person health signals, enabling real-time assessments and predictive insights. This approach eliminates the need for
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Innovaccer Acquires Humbi AI to Launch AI Actuarial Copilots
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
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
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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