What You Should Know:
Operational limitations—such as staffing shortages, variable patient flow, and poor visibility into resource availability—can make it difficult for healthcare organizations to effectively manage their capacity, leading to volatile workloads that see resources either under- or over-utilized. Some organizations are using capacity optimization management technology, which includes artificial intelligence (AI) and machine learning (ML), to collect data that can improve
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Patient Access in Healthcare | Revenue Cycle Management
Quest Diagnostics Acquires Haystack Oncology for $300M in Cash
What You Should Know:
Quest Diagnostics has reached an agreement to acquire Haystack Oncology an early-stage oncology company focused on minimal residual disease (MRD) testing to aid in the early, accurate detection of residual or recurring cancer and better inform therapy decisionsUnder the terms of the agreement, Quest will pay $300 million in cash at closing, net of cash acquired, and up to an additional $150 million on achieving future performance
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Availity Acquires Olive AI’s Utilization Management Solution and Business Unit
What You Should Know:
- Availity today announced a definitive agreement to acquire the utilization management solution and business unit from healthcare automation company Olive AI, Inc. Financial details of the acquisition were not disclosed.
- The acquisition of Olive AI's utilization management solution offers numerous benefits for Availity’s national network of payers and providers. These include lower administrative and medical costs, improved patient access
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Dot Compliance Launches First AI Based ChatGPT Powered eQMS for Life Sciences
What You Should Know:
Dot Compliance, a leading provider of eQMS compliance solutions for the life sciences sector, has introduced an industry-first, ready-to-use AI-Based electronic Quality Management System for life sciences, powered by an embedded generative and predictive artificial intelligence.The system deploys ChatGPT combined with proprietary algorithms to optimize quality processes, automate tasks and help professionals working in quality assurance to focus on what really matters
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Catholic Care Center to Deploy Medsphere’s Wellsoft EHR and RCM Cloud Solutions
What You Should Know:
- Medsphere Systems Corporation announced that Catholic Care Center of Bel Aire, Kansas, a Wichita suburb, will open a new senior behavioral health hospital with the company’s Wellsoft electronic health record (EHR) and RCM Cloud revenue cycle management solutions.
- Medsphere’s Wellsoft EHR solution supports comprehensive care across behavioral health, urgent, and emergency care environments. The company’s RCM Cloud solution is
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Solve.Care Launches Decentralized Layer-2 Healthcare Blockchain Infrastructure
What You Should Know:
Solve.Care, a healthcare platform company that leverages blockchain technology to deliver better care, has announced the launch of Care.Chain, a decentralized Layer-2 network infrastructure.Care.Chain is a significant step towards Solve.Care’s mission to improve healthcare access, delivery, management, and payments for both healthcare institutions and consumers through the benefits that blockchain technology provides.
Providing the Necessary Base Infrastructure to
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Florence Launches Modern Healthcare Experience With $20M
What You Should Know:
Florence, an innovator in healthcare enablement software, has launched out of stealth mode after raising $20 million in seed funding.The health tech startup’s round was led by Thrive Capital, GV (Google Ventures), and Salesforce Ventures with participation from Vast Ventures, BoxGroup and Atento Capital.
Aspiring to Digitally Streamline Patient Access to Increase Efficiency
Comprised of physicians and engineers from leading health systems and technology companies,
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Accenture Report Reveals Staggering Health Inequities and the Role of US Healthcare Ecosystem in Addressing Them
What You Should Know:
- Health equity – or the lack thereof – is one of the biggest challenges facing US healthcare organizations today.
- A new report from Accenture, US health inequity: beyond the statistics, analyzes the role US healthcare ecosystem participants can play in addressing health inequities due to race and ethnicity. The statistics are staggering.
Analysing Key Trends Concerning Health Inequities
To understand the human and economic
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KLAS: State of Small-Hospital Patient Accounting 2023
What You Should Know:
- Small hospitals are changing their EMRs and patient accounting systems at a greater rate than that of their large-hospital counterparts. Most market selection energy is going to Oracle Health (Cerner), MEDITECH, and Epic; small hospitals also use other vendors like athenahealth, CPSI, and MEDHOST.
- While many vendors offer viable clinical systems, there are significant differences across the customer experience with patient accounting that should not be overlooked
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Orbita and Isabel Healthcare Integrate to Deliver ‘Find Care’ Search & Symptom Triage to Streamline Patient Access
What You Should Know:
- Orbita, a provider of virtual assistants for healthcare, announced a partnership with Isabel Healthcare that will improve patients’ digital experiences, helping them find the right care for their individual health circumstances. Isabel’s Symptom Checker/Triage utilizes every-day language to help patients access appropriate care with the right urgency.
- Many people who turn to technology when looking for a
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