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Health IT | News, Analysis, Insights - HIT Consultant

Archy Raises $15M to Optimize Dental Practices with AI-Powered Automation

by Syed Hamza Sohail 10/23/2024 Leave a Comment

rchy Raises $15M to Optimize Dental Practices with AI-Powered Automation

What You Should Know: -Archy, a pioneer of cloud-based automation software for dental practices, today announced it has raised $15M Series A funding in a round led by Entrée Capital with participation from Bessemer Venture Partners, CRV, Alven, 20VC Growth fund and several angel investors and dental professionals. -The investment will advance further development of the Archy product, embedding AI across various areas to make dental practices more efficient and allowing dental teams to
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Net Health Integrates Tali’s AI-Powered Ambient Scribing to Transform EHR Documentation

by Fred Pennic 10/23/2024 Leave a Comment

Net Health Integrates Tali's AI-Powered Ambient Scribing to Transform EHR Documentation

What You Should Know:  - Net Health, a provider of specialized healthcare software solutions, has announced a strategic partnership with Tali, an AI assistant and ambient clinical documentation company.  - The partnership will integrate Tali's voice-enabled AI assistant into Net Health's EHR software, transforming documentation processes and empowering clinicians to focus more on patient care. Addressing the Burden of Clinical Documentation Healthcare providers, particularly in
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HLTH: KLAS Research Unveils Top 20 Emerging Healthcare Solutions

by Fred Pennic 10/22/2024 Leave a Comment

HLTH: KLAS Research Unveils Top 20 Emerging Healthcare Solutions

What You Should Know:  - KLAS Research, a healthcare research and insights firm, has announced the winners of its 2024 Emerging Solutions Top 20 awards at the HLTH 2024 conference. These awards recognize the most innovative and impactful emerging healthcare companies that are poised to transform the industry. - While AI and other emerging technologies offer tremendous potential, the KLAS report also acknowledges the challenges of integrating these solutions into existing healthcare IT
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HLTH: Essence Healthcare to Offer Free Oura Ring to Medicare Advantage Members

by Jasmine Pennic 10/22/2024 Leave a Comment

HLTH: Essence Healthcare to Offer Free Oura Ring to Medicare Advantage Members

What You Should Know:  - Essence Healthcare, a provider of Medicare Advantage (MA) plans forms a new partnership with ŌURA, the maker of the Oura Ring.  - Starting in 2025, eligible Essence MA members will receive a complimentary Oura Ring and a subscription to the Oura App, giving them access to advanced biometric tracking and personalized health insights. Empowering Members with Data-Driven Insights This unique benefit, a first for any MA plan, reflects Essence's
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Zombie Investments: The State of Private Equity in Healthcare

by Greg Hagood, President of SOLIC Capital, LLC 10/22/2024 Leave a Comment

Zombie Investments: The State of Private Equity in Healthcare

Private equity (PE) firms, once eager investors in the healthcare services sector, are facing a chilling reality. A confluence of factors including challenges recruiting and retaining physicians, reimbursement headwinds, accelerating labor costs and restrictive antitrust policies, have resulted in a string of high-profile failures, and are casting doubt on the future role of PE in healthcare. This shift has profound implications across the healthcare delivery spectrum – from hospitals and health
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Code Red: Healthcare Cybersecurity in a Post-Chevron World

by Ty Greenhalgh, Principal of Healthcare at Claroty 10/22/2024 Leave a Comment

Code Red: Healthcare Cybersecurity in a Post-Chevron World

In light of the recent Supreme Court decision overturning the Chevron deference, the regulatory landscape, especially concerning cybersecurity in healthcare, faces significant changes. The ruling in Loper Bright Enterprises v. Raimondo, which reversed the 1984 Chevron v. Natural Resources Defense Council precedent, alters how federal agencies can interpret and implement laws. This shift carries profound implications for the Department of Health and Human Services (HHS) and the Cybersecurity and
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HLTH: Tennr Raises $37M to Automate Healthcare Documentation, Streamline Patient Referrals

by Fred Pennic 10/22/2024 Leave a Comment

Tennr Raises $37M to Automate Healthcare Documentation, Streamline Patient Referrals

What You Should Know:  - Tennr, a healthcare technology company transforming the patient referral process, has secured $37M in Series B funding led by Lightspeed Ventures, with participation from existing investors Andreessen Horowitz (a16z) and Foundation Capital. This latest investment brings Tennr's total funding to over $61M, following a Series A round just six months ago. - Tennr has monetized their business through an automation platform that works for everyday healthcare
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HLTH: Zoom and Suki Integrate to Power AI-Generated Clinical Notes

by Syed Hamza Sohail 10/22/2024 Leave a Comment

oom and Suki Integrate to Power AI-Generated Clinical Notes

What You Should Know: - Suki, a leader in AI technology for healthcare, announced a partnership with Zoom Video Communications, Inc., a leading telehealth platform. - Zoom will integrate Suki's AI engine, Suki Platform, to generate clinical notes, enhancing its user experience and improving patient care. - The Suki Platform enables companies to build AI experiences with minimal development effort and already supports nearly one million clinicians across the U.S. - Suki's AI-powered
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HLTH: CopilotIQ & Biofourmis Merge to Create AI-Driven Platform for In-Home Care

by Fred Pennic 10/21/2024 Leave a Comment

CopilotIQ and Biofourmis Merge to Create First End-to-End AI-Driven Platform for In-Home Care

What You Should Know:  - CopilotIQ, a health tech company focused on improving the lives of older adults with chronic conditions, and Biofourmis, a global leader in technology-enabled home care solutions, have announced a strategic merger.  - The combined company creates an AI-driven platform to deliver comprehensive in-home care across the entire care continuum, from pre-surgical optimization to acute, post-acute, and chronic care management. As part of this merger, investors
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HLTH: Blue Shield of California, Salesforce Partner on Real-Time AI Prior Authorizations

by Fred Pennic 10/21/2024 Leave a Comment

Blue Shield of California, Salesforce Partner on Real-Time AI Prior Authorizations

What You Should Know:  - Blue Shield of California and Salesforce are joining forces to tackle a major pain point in healthcare: the lengthy and often frustrating process of prior authorizations.  - The new AI-powered platform solution, built on Salesforce Health Cloud, aims to deliver near real-time prior authorization decisions, streamlining healthcare delivery and improving patient experience. Addressing the Burden of Prior Authorizations Prior authorizations are a
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