Hospitals rely on elective surgeries as a source of up to 50% of all revenue, allowing them to take losses on a range of high-cost service lines to remain profitable. The COVID-19 pandemic laid bare the impact of reduced surgery volume, with hospitals suffering immediate revenue loss and negative profit margins.
As surgical service lines return to pre-pandemic volumes, it’s imperative for hospitals to have the right technology tools and best practices in place to maintain safe, accurate, and
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Care Coordination| Clinical Communication News, Analysis, Insights - HIT Consultant
Vital Raises $15M to Expand AI-Powered Emergency Department Platform
What You Should Know:
- Vital, an Atlanta-based artificial intelligence (AI)-powered solution improving patient experience and follow-up visit loyalty in hospital emergency departments (ED) and into inpatient stays, has secured $15M in Series A funding led by Transformation Capital, with a strategic health system joining the round alongside existing investors First Round Capital and Threshold Ventures. Vital’s new ERAdvisor application gives patients and their caregivers in the ED real-time,
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Innovaccer, Roche Partner to Develop Clinical Decision Support Solutions
What You Should Know:
- Innovaccer Inc. the Health Cloud company, announced it has entered into a three-year collaboration with Roche to partner in the development of innovative clinical decision support solutions on the InnovaccerⓇ Health Cloud for the U.S. market.
- As part of the strategic collaboration, the Innovaccer Health Cloud and its core Data Activation Platform will be used to integrate disparate data from EHRs, labs, claims, pharmacy—virtually any healthcare data
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Augmedix Partners with Google Cloud to Rehumanize the Patient-Clinician Interaction
What You Should Know:
- Augmedix, Inc., a provider of virtual medical documentation and live clinical support, today announced that it has partnered with Google Cloud to optimize and integrate automated speech recognition (“ASR”) technology for use in real-world clinical settings. ASR technology is a critical component in the Augmedix technology stack, and Augmedix is now integrating Google Cloud Speech-to-Text into its Notebuilder technology platform, which provides natural language
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Grand Rounds Health, Doctor on Demand Launch Coalition to Address Health Disparities in the Black Community
What You Should Know:
- Grand Rounds Health and Doctor On Demand, the leader in integrated virtual care and navigation, today announced a solution designed to help remove barriers to care for the Black community. Developed using insights from an innovation coalition of Global and Fortune 500 companies, the product will be the first dedicated care concierge and healthcare navigation platform focused on improving the healthcare experience and advancing health equity for Black Americans. The
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Hospital at Home: Aligning Provider Needs with Patient Wishes
2020 saw three factors combine to define the future of “Hospital at Home” care in a way that will become a new care reality over the coming years.
Changing Patient Attitudes
Patients became more reluctant and concerned about going to hospitals. The fear of contracting illnesses such as Healthcare Acquired Infections (HAIs), like sepsis, is a real and legitimate concern. While the number of patients has been declining, around 100,000 people die each year in the US from contracting an HAI in
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Pager Secures $70M to Expand Virtual Care Navigation & Journey Platform
What You Should Know:
- Pager, a New York City-based virtual care navigation and collaboration platform, today announced it has raised $70 million as part of an equity and debt financing round led by Susquehanna Private Equity Investments and included new and existing financial and strategic investors, including an affiliate of Horizon Healthcare Services, Inc., New Jersey’s largest health insurer. The new capital brings the total to more than $120 million after a year of explosive growth
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9am.health Launches Virtual Diabetes Clinic, Raises $3.7M
What You Should Know:
- 9am.health, a new San Diego, CA-based virtual diabetes clinic delivering personalized, affordable and kind care directly to consumers, today announced the launch of its unique virtual care platform, which provides comprehensive, affordable and compassionate care to people living with prediabetes or type 2 diabetes. In addition, the company also announced $3.7M in seed funding, which included participation from Founders Fund, Define Ventures, Speedinvest and iSeed
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NHS Deploys TytoCare’s Telehealth Solution to 14 Trusts Across UK
What You Should Know:
- TytoCare, an NYC-based all-in-one modular device and examination platform for AI-powered, on-demand, remote medical exams, today announced its expanded partnership with the NHS that will see the deployment of TytoCare’s telehealth solution across 14 organizations and 26 projects in Yorkshire and Humber, including Leeds Children’s Hospital, Sheffield Children’s, and nearly 70 care homes.
- The integration of the telehealth solution will allow clinicians to diagnose
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Corti Receives $27M to Expand AI-Powered Patient Consultations Platform
What You Should Know:
- Corti.ai, a Copenhagen, Denmark-based AI-powered patient consultations platform today announced it has raised $27M in Series A funding led by Vaekstfonden, the Danish Growth Fund and Chr. Augustinus Fabrik, who joins existing investors Hearcore, Id Invest, and byFounders.
- Founded by Lars Maaløe and Andreas Cleve in 2016, Corti provides an augmentative AI platform that uses speech recognition technology to analyze patient consultations in real time and then
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