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

Oversight Beyond the FDA: New Report Untangles the Complex Regulation of Health AI Tools

by Fred Pennic 06/23/2025 Leave a Comment

Oversight Beyond the FDA: New Report Untangles the Complex Regulation of Health AI Tools

What You Should Know:  - A new report from the Bipartisan Policy Center (BPC) examines the complex and often fragmented regulatory landscape for health AI tools that fall outside the jurisdiction of the U.S. Food and Drug Administration (FDA). As AI becomes increasingly embedded in healthcare—automating administrative tasks, guiding clinical decisions, and powering consumer wellness apps—these tools operate within a patchwork of federal rules, state laws, and voluntary industry
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HFMA25: FinThrive Launches New AI Platforms to Stop Revenue Leakage

by Fred Pennic 06/23/2025 Leave a Comment

FinThrive Launches New AI Platforms to Stop Revenue Leakage

What You Should Know:  - FinThrive, a healthcare revenue management SaaS provider, today announced the launch of FinThrive Fusion™, the first dynamic intelligence platform purpose-built on a modernized data fabric to power the future of revenue cycle management (RCM) innovation.  - The company also announced the launch of FinThrive Denials and Underpayments Analyzer, a next-generation analytics solution powered by the new platform. Introducing the Denials and Underpayments
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Knowtion Health Acquires Switch RCM to Enhance AI-Powered Revenue Recovery Solutions

by Fred Pennic 06/23/2025 Leave a Comment

Knowtion Health Acquires Switch RCM to Enhance AI-Powered Revenue Recovery Solutions

What You Should Know:  - Knowtion Health, a healthcare revenue cycle company, has acquired Switch RCM, a data- and technology-first company that uncovers and resolves overlooked reimbursement opportunities through intelligent automation and data-driven innovation.The financial terms of the transaction were not disclosed. - The combination of Knowtion and Switch RCM is designed to address the growing challenges faced by health systems, including increasing payer complexity, shrinking
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AI-Driven Diagnostics: The Future of Precision in Medical Imaging

by Thomas Kluz, Managing Director at Niterra Ventures 06/20/2025 Leave a Comment

AI-Driven Diagnostics: The Future of Precision in Medical Imaging

During the past ten years, I’ve collaborated and invested in several innovative healthcare organizations, and I have realized that AI has extended beyond just being a supporting tool for medical purposes. It has proven, time after time, its capabilities in diagnostic applications. One of its most promising features is medical imaging, which could potentially drive operational speed rapidly and transform the entire future of medical capabilities in patient
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RevelAi Health Closes $3.1M to Scale its Conversational AI Platform for Musculoskeletal Care

by Fred Pennic 06/20/2025 Leave a Comment

RevelAi Health Closes $3.1M to Scale its Conversational AI Platform for Musculoskeletal Care

What You Should Know:  - RevelAi Health, a conversational artificial intelligence (AI) platform built for musculoskeletal care, has closed an oversubscribed $3.1M seed round led by Ulu Ventures and Symphonic Capital, with participation from Orthopedic VC, Sand Hill Angels, and a consortium of nationally recognized orthopedic surgeons. - The company is tackling the largest area of U.S. healthcare spending—musculoskeletal disorders, which exceed $420B annually—by providing a 24/7
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Layer Health and Intermountain Health to Deploy AI for Clinical Data Abstraction

by Fred Pennic 06/20/2025 Leave a Comment

Layer Health and Intermountain Health to Deploy AI for Clinical Data Abstraction

What You Should Know:  - Layer Health, an artificial intelligence (AI) company in healthcare announced a strategic collaboration with Intermountain Health, one of the nation’s top integrated health systems. The collaboration includes a strategic investment from Intermountain Ventures, Intermountain’s innovation and venture capital arm, and a multi-year initiative to deploy the Layer Health AI platform across multiple clinical registries. - The partnership aims to improve the accuracy,
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Commure Raises $200M to Accelerate AI-Powered RCM Platform

by Fred Pennic 06/19/2025 Leave a Comment

Commure and HealthTap to Launch Unified Virtual and In-Person Care Solution

What You Should Know:  - Commure, the fast-growing enterprise AI healthcare technology company, today announced it has secured $200M in growth financing from General Catalyst’s Customer Value Fund (CVF). The funding will be used to meet the surging demand for Commure’s full-stack AI platform, which spans revenue cycle management (RCM), ambient AI clinical documentation and workflows, and practice management solutions. - The CVF transaction enables Commure to scale its investment in
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Abridge’s AI Assistant Expands to Inpatient Notes and Orders in Epic

by Fred Pennic 06/19/2025 Leave a Comment

Abridge's AI Assistant Expands to Inpatient Notes and Orders in Epic

What You Should Know:  - Abridge, a generative AI platform for clinical conversations, is expanding its capabilities to support inpatient care settings and to queue up outpatient orders.  - The extension of its platform is part of the Workshop program, through which Epic and Abridge have collaborated to develop new, innovative healthcare technologies that are piloted and refined before wider release. Abridge Inside for Inpatient: Bringing AI Documentation to the
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Glytec Secures $36M to Advance AI-Powered Diabetes Care and Inpatient Glycemic Management

by Jasmine Pennic 06/18/2025 Leave a Comment

Glytec Secures $36M to Advance AI-Powered Diabetes Care and Inpatient Glycemic Management

What You Should Know:  - Glytec, a provider of an AI-powered technology platform for diabetes and related conditions, secures a $36M growth investment led by Savitr Capital and Hayfin Capital Management.  - The funding will fuel the continued expansion of Glytec’s platform, including its flagship Glucommander® SaaS solution, and accelerate the development of innovative new technologies. The investment comes as healthcare systems face increasing pressure to improve inpatient
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Artera Launches Real-World Registry to Track AI’s Impact in Cancer Care

by Jasmine Pennic 06/18/2025 Leave a Comment

Artera Launches Real-World Registry to Track AI’s Impact in Cancer Care

What You Should Know:  - Artera, the developer of multimodal artificial intelligence (MMAI)-based prognostic and predictive cancer tests, today announced the launch of its DIRECT-AI registry study. This new study will assess how the ArteraAI Prostate Test influences treatment decision-making between clinicians and patients with localized prostate cancer. - The study will also monitor participants to evaluate their long-term cancer outcomes, reinforcing Artera's commitment to advancing
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