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Inovalon and MEDITECH Alliance Partner to Streamline Revenue Cycle Management
– Inovalon, an innovator in cloud-based healthcare data solutions, announced a strategic partnership with the MEDITECH Alliance. – The strategic collaboration empowers thousands of healthcare providers using MEDITECH’s electronic health record (EHR) systems to leverage Inovalon’s end-to-end revenue cycle management (RCM) solutions. Optimizing Reimbursement and Reducing Errors. The...
23andMe and Nightingale Health Partner to Offer Blood-Based Risk Assessment Pilot
– 23andMe Holding Co., a leading player in preventative health and therapeutics, and Nightingale Health, a pioneer in biomarker testing, announced a collaboration to pilot Nightingale’s blood metabolomics panel with a group of 23andMe members. – This pilot program represents a significant step forward in personalized health assessment. By...
Adventist Health Selects The Garage’s Bridge Platform to Advance Value-Based Care Initiatives
– The Garage, a leading population health management technology company, announced a strategic partnership with Adventist Health, a prominent non-profit integrated health system. Adventist Health will leverage The Garage’s Bridge platform to further its value-based care initiatives across its diverse patient population. – The Garage, headquartered in Orlando, Florida,...
Unleashing the Dynamic Force of AI and Automation to Revolutionize Revenue Cycle Management
Every year, hospitals across the United States, regardless of their size or type, face significant financial losses amounting to hundreds of billions of dollars due to uncompensated care. This staggering figure does not even consider the additional losses incurred by hospitals as a result of underpayments from government-funded healthcare programs such as Medicare and Medicaid.
Integrating HIPAA Compliance Into Digital Communication: A Closer Look
Healthcare organizations have been increasingly adopting digital communication channels like email and text messaging. These channels offer convenience and flexibility for both healthcare providers and patients. When used judiciously, they can help improve the overall patient experience. However, with the growing use of digital communication comes an increased risk of...
VenoStent Raises $20M for Dialysis Solution, Secures $3.6M NIH Grant for U.S. Dialysis Therapeutic Clinical Trial
– VenoStent, Inc., a medical device company pioneering a new approach to improve dialysis patient outcomes, announced the successful completion of its Series A funding round. The round closed at $20M, with Norwest Venture Partners contributing an additional $4M to join Good Growth Capital and IAG Capital Partners as co-leads.
Arcadia Acquires CareJourney to Enable High-Performing Networks
– Arcadia has acquired CareJourney®, a leading provider of clinically relevant healthcare data and AI-powered insights. – The deal strengthens Arcadia’s position as a trusted partner for leading healthcare brands like Southwestern Health Resources, Tandigm, Castell, Rush Health, and Beth Israel Lahey Health. – With the acquisition, Arcadia’s...
Philips Expands Cloud-Based Imaging with IntelliSpace Radiology on AWS
– Philips, a leader in health technology, announced today a significant advancement for its IntelliSpace Radiology platform. Existing customers in North America will now have the option to transition to a cloud-based version hosted on Amazon Web Services (AWS). – This strategic expansion positions Philips at the forefront of cloud-based...
Abbott Unveils FreeStyle Libre 3 Plus: World’s Smallest CGM Sensor with Future AID Compatibility
– At the American Diabetes Association conference, Abbott unveiled a new addition to its FreeStyle Libre portfolio – the FreeStyle Libre 3 Plus sensor. – The sensor boasts the distinction of being the world’s smallest, thinnest, and most discreet continuous glucose monitoring (CGM) sensor available. Unmatched Design and...
Xealth Launches Digital Health Benchmarking Tool, Dewey
– Xealth, a leading force in scaling digital health solutions, has unveiled Dewey, a performance-based, digital health benchmarking tool. – Incorporating more than 20 million assets and programs distributed from more than 400 hospitals to more than five million patients over seven years, Dewey calculates engagement benchmarks from nearly 1000 digital health programs.
Sidecar Health Secures $165M to Disrupt Employer-Sponsored Healthcare
– Sidecar Health, a health insurance provider for businesses raises $165M in a Series D funding round led by Koch Disruptive Technologies with participation from new and existing investors such as GreatPoint Ventures, BOND, Cathay Innovation, Drive Capital, Duke University, Menlo Ventures, and Morpheus. – Sidecar Health’s $165 million funding...
Digital Transformation in Healthcare: Why EAM is the Missing Piece
The sector that is perhaps the most critical candidate for digital transformation is the healthcare sector – the US healthcare system wastes approximately $1 trillion a year and most of it is due to administrative complexity leading to a wastage in medical supplies and equipment. The sector is slowly jumping on the bandwagon of digital transformation in an attempt to improve healthcare provision and increase the efficacy of processes.
Fighting Rectal Cancer with AI: Researchers Secure $2.78M Grant
– A glimmer of hope emerged today for rectal cancer patients as a collaborative effort between Case Western Reserve University (CWRU), Cleveland Clinic, and University Hospitals (UH) received a $2.78 million grant over five years from the National Institutes of Health and National Cancer Institute. This grant will fuel research leveraging artificial intelligence (AI) to personalize treatment for rectal cancer patients.
CipherHealth Secures Investment from Atalaya Capital Management
– CipherHealth, Inc., a leading innovator in patient-centered communication solutions, today announced a strategic investment from Atalaya Capital Management. This capital infusion will fuel CipherHealth’s ongoing growth and expansion efforts. – CipherHealth’s solutions are designed to deliver personalized, relevant, and actionable communication to patients. This ensures that patients receive...
Form Health Secures $38M to Expand Science-Based Telehealth Obesity Care
– Form Health, the leading provider of science-based obesity care in the United States raised $38M in Series B funding led by Sound Ventures, the round also included participation from M13, SignalFire, and Next View Ventures. – By combining science-based treatment plans with a convenient telehealth platform and a focus...
AWS Invests $10M to Fight Childhood Diseases with GenAI & Cloud Innovation
– Amazon Web Services (AWS) announced a significant $10M commitment to propel research for pediatric healthcare and unlock a deeper understanding of rare childhood diseases. – The initiative targets a critical gap in resources and aims to empower researchers to develop more effective treatments for vulnerable young patients. A Mother’s...
Foodsmart Lands $200M to Fight Food Insecurity with Telenutrition
– The Rise Fund, the multi-sector strategy of TPG’s global impact investing platform, today announced it has signed definitive documentation to lead an investment of over $200 million in Foodsmart, the leading telenutrition provider and food benefits management platform in the US. Terms of the transaction were not disclosed.
IncludeHealth OrthoForum Value Network Partner to Optimize Musculoskeletal Care
– IncludeHealth, a leading provider of virtual physical therapy and patient data collection, has partnered with OrthoForum Value Network (OVN) to advance value-based musculoskeletal care. This partnership designates IncludeHealth as OVN’s preferred partner for digital technology and virtual physical therapy. – OrthoForum Value Network, which encompasses 150 orthopedic groups...
CHAI Releases Draft Responsible Health AI Framework
– Today the Coalition for Health AI (CHAI) released a draft framework for responsible health AI with an invitation for public review and comment. – The framework, consisting of an Assurance Standards Guide, provides considerations to ensure standards are met in the deployment of AI in healthcare. This draft framework was created with a consensus-based approach, drawing upon the expertise and knowledge of multiple, diverse stakeholders from across the healthcare ecosystem.
Clinical Trial Diversity: Pharma Takes Action to Address Disparities
– Trinity Life Sciences, a leader in global life sciences commercialization solutions, has released a new white paper titled “Diversity in Clinical Trials: Life Sciences Initiatives and Challenges in Light of the FDA’s Latest Guidance.”. – The paper sheds light on the critical issue of racial and ethnic...
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