What You Should Know:
- AKASA, the preeminent provider of generative AI (GenAI) solutions for the healthcare revenue cycle, today announced the launch of AKASA CDI Optimizer™.
- The new GenAI assistant is designed to help healthcare organizations significantly enhance clinical documentation integrity (CDI), improve compliance, and ensure the full clinical picture is captured for every patient encounter.
Addressing Mid-Cycle Revenue Cycle Challenges
The launch of CDI
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Generative AI
Nursing Schools Eye GenAI, Ramp Up VR Use to Boost Clinical Readiness
What You Should Know:
- Nursing education programs are increasingly turning to advanced technologies like generative AI (GenAI) and virtual reality (VR) to better prepare students for the demands of modern patient care, according to a new survey conducted by Wolters Kluwer Health and the National League for Nursing (NLN).
- The "Future of Technology in Nursing Education" survey, conducted every four years since 2016, polled over 300 nursing school deans and faculty to gauge evolving
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Suki Ambient AI Notes Now Generally Available to All athenahealth Network Users
What You Should Know:
- Suki, a leader in AI technology for healthcare, announced the general availability of its ambient technology to all health systems within athenahealth’s network through athenahealth’s integrated Ambient Notes solution. This significant milestone expands a longstanding partnership of over seven years between Suki and athenahealth, a prominent provider of network-enabled software and services for healthcare organizations nationwide.
- The general release follows a
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Youlify Raises $4.3M to Optimize Medical Billing with Generative AI
What You Should Know:
- Youlify, a physician-founded AI company rebuilding the financial backbone of healthcare, today announced $4.3 million in seed funding to help hospitals and doctors get paid faster and more accurately.
- The platform replaces traditional billers with AI and provides an end-to-end revenue cycle management platform that completely automates coding, claims, and denial recovery. The round was led by Brett Queener at Bonfire Ventures, with participation from Top Harvest
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Assort Health Raises $26M for Specialty-Specific GenAI Platform for Managing Patient Phone Calls
What You Should Know:
- Assort Health, a company specializing in AI solutions for managing patient phone calls in healthcare, has announced a new round of institutional financing co-led by First Round Capital and Chemistry, with continued support from existing investor Quiet Capital, bringing the company's total funding to $26M.
- The funding will be used to accelerate Assort Health's mission of improving access to care by addressing the issues of long hold times and scheduling
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Sharp HealthCare to Deploy Abridge GenAI Platform to Enhance Clinical Documentation
What You Should Know:
- Sharp HealthCare, the largest integrated health system in San Diego, is set to implement the Abridge generative AI platform across its enterprise.
- The implementation will streamline the creation of medical documentation, ensuring it is comprehensive, compliant, and billable, thereby enabling clinicians to dedicate their full attention to patient care. Abridge's technology will be deployed throughout Sharp HealthCare locations, which collectively serve over one
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UiPath Launches Medical Record Summarization AI Agent, Powered by Google Cloud
What You Should Know:
- UiPath, an enterprise automation and AI software company, has unveiled its new generative AI-based UiPath Medical Record Summarization agent at Google Cloud Next 2025.
- Powered by Google Cloud's Vertex AI and Gemini models, the platform is designed to transform how payer and provider organizations handle medical documents.
UiPath Medical Record Summarization AI Agent
Currently in private preview, the UiPath Medical Record Summarization AI agent
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Gen AI Adoption Surges in Healthcare, Leaders See Potential for Transformation
What You Should Know:
- Generative AI (Gen AI) is rapidly changing the healthcare industry, and a recent McKinsey survey reveals that a large majority of healthcare leaders are actively exploring or implementing this technology.
- The latest survey, conducted in Q4 2024, provides insights into the evolving perspectives and approaches of payers, health systems, and healthcare services and technology (HST) groups.
Widespread Adoption and Implementation
The survey found that 85%
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brain.space Secures $11M to Pioneer Generative AI Mental Modeling
What You Should Know:
- brain.space, the innovator behind the first-ever Brain-Data-as-a-Service Ecosystem for Generative AI Mental Modeling secures $11M in Series A funding round led by Toyota Ventures.
- The round also included with strong participation from Mangrove Capital Partners, The Group Ventures and a $3.5M non-dilutive grant from the Israel Innovation Authority, will propel the company's mission to transform how we understand and predict human
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Report: AI and Automation to Reshape Revenue Cycle Management
What You Should Know:
- A new report from Everest Group, supported by Omega Healthcare, highlights the transformative impact of artificial intelligence (AI) and automation on revenue cycle management (RCM) in healthcare.
- The study, titled "Realizing the Promise of Tech-Enabled, AI-Driven Revenue Cycle Management (RCM): Outsourcing in the New Era," reveals that 85% of senior healthcare executives believe AI will significantly improve RCM efficiency in the next five
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