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Artificial Intelligence in Healthcare | News, Analysis, Insights - HIT Consultant

Waystar Acquires Medicare RCM Company eSolutions at $1.3B Valuation

by Fred Pennic 08/13/2020 Leave a Comment

Waystar Acquires Medicare RCM Company eSolutions at $1.3B Valuation

What You Should Know: - Revenue cycle management provider Waystar acquires eSolutions, a provider of Medicare and Multi-Payer revenue cycle management, workflow automation, and data analytics tools at a $1.3B valuation. - The acquisition will create the first unified healthcare payments platform with both commercial and government payer connectivity, resulting in greater value for providers. Waystar, a provider of healthcare payments software, today announced a definitive agreement
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4 Ways Businesses Will Adapt Their Healthcare Landscape

by Dr. Donald Brown, CEO and founder of LifeOmic 08/13/2020 Leave a Comment

Four ways businesses will adapt their healthcare landscape

The coronavirus pandemic has affected every aspect of our lives, from how we work to how we get our health care. The crisis has put the creativity of many small businesses to the test after being forced to move operations online once social distancing became the norm. As economies reopen, many aspects of our life that changed in response to the virus will likely return to the way they were. However,  we have the opportunity to emerge stronger from this crisis if the salient shortcomings from
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Envisioning a 5G-Powered Retail-Healthcare Hub

by Mitzi Amon, Director of Healthcare Marketing at Vertiv 08/12/2020 Leave a Comment

Envisioning a 5G-Powered Retail-Healthcare Hub

If you’ve been to a big-brand grocery or department store recently, you probably noticed some form of healthcare outlet – or maybe you didn’t. These in-store pharmacies and clinics have become so omnipresent, right there next to the diapers, dog food, and green beans, that unless you use them, you may not notice them at all.  This convergence of healthcare and retail has been happening for a few years and represents one of the fastest-growing corners of the healthcare market. In fact, retail
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Top 5 RCM Challenges for Healthcare Executives in the COVID-19 Era and Beyond

by Brian Robertson, CEO at VisiQuate 08/11/2020 Leave a Comment

Top 5 RCM Challenges for Healthcare Executives in the COVID-19 Era and Beyond

There have been many memorable “where were you?” events since the 21st century began. But few can match the COVID-19 pandemic, at least from a healthcare perspective.  The effect on healthcare (and healthcare executives) has been particularly profound since our industry is in the center of everything. From the search for personal protective equipment (PPE) to setting up secure wings and field hospitals to instantly redeploying nurses from other floors to the emergency department (ED),
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M&A Analysis: 3 Benefits of Siemens Healthineers’ $16.4B Acquisition of Varian Medical

by Steve Holloway, Director at Signify Research 08/07/2020 Leave a Comment

M&A Analysis: 3 Benefits of Siemens Healthineers $16.4B Acquisition of Varian Medical

What You Should Know: - Siemens Healthineers and Varian Medical announce a $16.4B deal in an all-cash transaction on 2nd August 2020. - Deal expected to close in 1H 2021. - Varian Medical will maintain its brand name and operate “independently” - Siemens AG will drop holding in Siemens Healthineers from 85% to 72% as part of the transaction. News of the deal between Siemens Healthineers and Varian Medical will have caught many industry onlookers off guard on Sunday evening.
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Blue Shield of CA Taps Cricket Health to Offer AI-Driven, Personalized Kidney Care Plans for Members At No Cost

by Fred Pennic 08/06/2020 Leave a Comment

Blue Shield of CA Taps Cricket Health to Offer AI-Driven, Personalized Kidney Care Plans for Members At No Cost

What You Should Know: - Blue Shield of CA and kidney care provider Cricket Health announced a partnership to offer a personalized, virtual, multidisciplinary care available for members with kidney disease or kidney failure at no extra cost - By offering remote care, via phone or virtually online, Cricket Health’s approach to kidney care is designed to keep Blue Shield members living with kidney disease healthy at home, and out of clinics or hospitals whenever possible.  Health
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Ciox Health Acquires Biomedical NLP Company Medal

by Jasmine Pennic 07/28/2020 Leave a Comment

Ciox Health Acquires Biomedical NLP Company Medal

What You Should Know: - Ciox Health has acquired Medal, Inc., a biomedical Natural Language Processing (biomed-NLP) technology company. - The acquisition will lead Ciox to better and more quickly enable real-world data in support of research that advances patient care. Ciox Health, a leading health technology company, today announced its acquisition of San Francisco-based biomedical Natural Language Processing (biomed-NLP) technology company, Medal, Inc., a leader in
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Sharecare Acquires WhiteHatAI to Enhance Healthcare Payment Integrity

by Fred Pennic 07/27/2020 Leave a Comment

Sharecare Acquires AI Company WhiteHatAI to Enhance Healthcare Payment Integrity

What You Should Know: - Sharecare acquires WhiteHatAI to provide health plan and provider clients with additional capabilities to ensure healthcare payment integrity  - WhiteHatAI’s ability to detect erroneous claims before they are paid will help Sharecare’s health plan partners reduce costs associated with FWA. - Sharecare will integrate WhiteHatAI’s capabilities to foster deeper engagement by enabling patients to both verify recent medical procedures and report
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Israeli Hospital Launches Rapid COVID-19 Detection Tests Pilot Program

by Jasmine Pennic 07/23/2020 Leave a Comment

Israeli Hospital Launches Rapid COVID-19 Detection Tests Pilot Program

What You Should Know: - The Middle East’s largest hospital, Sheba Medical Center in Israel, just launched a breakthrough rapid COVID-19 detection test pilot program that enhances virus detection spectral technology and adapts it into rapid coronavirus testing. - The innovative process uses an artificial intelligence algorithm to separate the profile of a person infected with a specific virus, from someone else who has a different virus or that of another healthy person.  Israel’s
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Caption Health AI Awarded FDA Clearance for Point-of-Care Ejection Fraction Evaluation

by Jasmine Pennic 07/23/2020 Leave a Comment

FDA Expedites Clearance for AI Ultrasound Solution to Fight COVID-19

What You Should Know: - Caption Health AI is awarded FDA 510(k) clearance for its innovative point-of-care ejection fraction evaluation. - Latest AI ultrasound tool makes it even easier to automatically assess ejection fraction, a key indicator of cardiac function, at the bedside--including on the front lines of the COVID-19 pandemic. Caption Health, a Brisbane, CA-based leader in medical AI technology, today announced it has received FDA 510(k) clearance for an updated version of
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