Abridge Emerges as a Healthcare AI Leader, Raising $150M to Accelerate R & D
Abridge, the leader in generative AI for clinical documentation, announced an additional $150 million investment, leveraging momentum from their product’s rapid uptake among health systems throughout the nation. This raise comes just 4 months after their $30M Series B, and is one of the largest funding rounds made to date in generative AI for healthcare.
The Series C investment was led by Lightspeed Venture Partners, who will also join the board. Other new and existing investors continuing to support the company include co-lead Redpoint Ventures, with support from IVP, Spark Capital, Union Square Ventures, Bessemer V...
Source: EMR and HIPAA - March 8, 2024 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Abridge AIDIF Bessemer Venture Partners CVS Health Ventures Dr. Shiv Rao Health IT Funding Health IT Fundings Health IT Investment IVP Kaiser Permanente Ventures Lightspeed Venture Partners Mass Ge Source Type: blogs
Anatomy Unveils AI-Powered Financial Automation for Healthcare Organizations
Lightspeed, Meridian Street, Live Oak Ventures, and Others Back Anatomy with $7.6 Million in Funding to Simplify and Automate Financial Workflows in Healthcare
Anatomy Financial announces the launch of their AI-powered financial automation solutions for medical, dental, digital health, and healthcare billing companies. Anatomy has raised $7.6M in funding to build a financial operating system for healthcare from Lightspeed, Meridian Street Capital, Live Oak Ventures, Cambrian Ventures, Peterson Ventures, and angel investors with expertise across healthcare and fintech.
Banks and accounting systems are not purpose-built to i...
Source: EMR and HIPAA - March 8, 2024 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Anatomy Anatomy Financial Brian Bizub Callum King Cambrian Ventures Health IT Funding Health IT Fundings Health IT Investment Lightspeed Live Oak Ventures Meridian Street Capital Nicole Quinn Pet Source Type: blogs
A Deep Dive Into Epic ’ s Partnership with Microsoft and Nuance Including Integration with DAX Copilot
We’ve written a number of articles on the Nuance DAX (now called Nuance DAX Copilot aligning with Microsoft’s Copilot) ambient clinical voice solution. Nuance and Microsoft recently announced that DAX Copilot was going to be fully embedded in Epic’s Haiku and Hyperdrive to provide Epic users easy access to the DAX copilot solution. Peter Durlach, who was with Nuance a long time and is now CVP, chief strategy officer, Microsoft Health and Life Sciences, describes the benefits of the integration in this video, with a focus on their integration and partnership with Epic.
Durlach says that Nuance “pio...
Source: EMR and HIPAA - March 7, 2024 Category: Information Technology Authors: Andy Oram Tags: AI/Machine Learning Ambulatory C-Suite Leadership Clinical EMR-EHR Health IT Company Healthcare IT Hospital - Health System IT Infrastructure and Dev Ops Ambient Clinical Voice DAX Copilot Epic Epic Cloud Healthcare Azure Healt Source Type: blogs
Home-Based Care Provides Powerful Example for Harnessing Technology Across the Care Continuum
The following is a guest article by Laura Templeton, Executive Vice President, Chief Operating Officer at Compassus
There’s no denying that increased delivery of patient care in the home was accelerated by the pandemic. The upward trend continues today, driven by the growth of our aging population and the continued adoption of technology. Many patients now prefer to receive care at home, when possible, and almost 93% of older adults say aging in place is important to them.
Today’s innovative home-based care providers are leveraging technology in meaningful ways to accommodate patient preferences and improve care. They...
Source: EMR and HIPAA - March 7, 2024 Category: Information Technology Authors: Guest Author Tags: Communication and Patient Experience Health IT Company Healthcare IT Telemedicine and Remote Monitoring Care Continuum Care Coordination Compassus Home Health Home-Based Care Laura Templeton Patient Centered Care Remote Care Remote Source Type: blogs
HealthSnap Closes $25 Million Series B Funding Amidst Continued Triple Digit Growth of Remote Patient Monitoring and Chronic Care Management Platform
New Investment is Led by Sands Capital, with Participation from Comcast Ventures, and Follows Enterprise Health System Expansions
HealthSnap, a Miami-based Remote Patient Monitoring (RPM) and Chronic Care Management (CCM) solution for healthcare providers, today announced its Series B financing totaling $25 million. The round was led by Sands Capital, with new investments from Comcast Ventures, Acronym Venture Capital, and Florida Opportunity Fund. Existing shareholders, Asclepius Growth Capital, Florida Funders, MacDonald Ventures, and TGH Ventures also participated in the round. Scott Frederick, a Managing Partner at...
Source: EMR and HIPAA - March 7, 2024 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Acronym Venture Capital Angela Orsky Asclepius Growth Capital Comcast Ventures Florida Funders Florida Opportunity Fund Health IT Funding Health IT Fundings Health IT Investment HealthSnap MacDonald Source Type: blogs
First Analysis Invests in Dina, Provider of Home-Centered Care Coordination Solutions
Digital Network Management and Coordination Solutions to Help Health Plans and Providers Improve Access to Home Centric Care
First Analysis, a leading venture capital investor, has made a new investment in Dina, a provider of digital network management and coordination solutions for the Medicare Advantage and Managed Medicaid markets, with a focus on coordinating supplemental benefits and long-term services and supports (LTSS).
First Analysis led the $7 million Series B round, with participation from existing investors Osage Venture Partners and First Trust Capital Partners, LLC.
In December, SCAN Group, a mission-driven o...
Source: EMR and HIPAA - March 7, 2024 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Andrew Walsh Ashish V. Shah Corey Greendale dina First Analysis First Trust Capital Partners Health IT Funding Health IT Fundings Health IT Investment Osage Venture Partners SCAN Group Source Type: blogs
Apella Devotes AI to Process Improvement in Operating Rooms
Artificial Intelligence can exploit fairly simple technologies to create significant efficiencies. For operating rooms, Apella Technology uses four cameras, placed around the walls, to collect data that saves precious time.
I recently talked to David Schummers, founder and CEO of Apella, about their new AI-based service for hospitals. He discussed the kinds of problems they are trying to solve.
Time Is of the Essence
In ORs as in many other areas of health care, too many tasks that could be done well by computers are being assigned instead to people, with resulting errors and inefficiencies. Schummers estimates that half...
Source: EMR and HIPAA - March 6, 2024 Category: Information Technology Authors: Andy Oram Tags: AI/Machine Learning Analytics/Big Data Clinical Health IT Company Healthcare IT Hospital - Health System Apella Technology Cameras David Schummers Healthcare AI Healthcare Monitoring Healthcare OR Healthcare Video Cameras Operati Source Type: blogs
Electronic Health Records (EHR): How to Achieve Healthcare Data Accuracy with Artificial Intelligence
The following is a guest article by Ann Krutsko, Healthcare IT Researcher at ScienceSoft
In healthcare, working with inaccurate patient data is a dangerous game. Electronic Health Records (EHRs) were designed to streamline operations and improve coordination across healthcare systems. And while EHRs have largely benefited the organizations that have adopted them, data accuracy is still a point of concern. Data entry is still fraught with human error. However, innovations in the field in the way of artificial intelligence integrations are making significant strides in enhancing data quality in EHRs. From data validation to ...
Source: EMR and HIPAA - March 6, 2024 Category: Information Technology Authors: Guest Author Tags: AI/Machine Learning Analytics/Big Data Health IT Company Healthcare IT AI Integration Ann Krutsko Data Accuracy Data Entry Data Validation EHR Healthcare AI Healthcare Data Real-Time Alerts ScienceSoft Source Type: blogs
Reveleer Secures $65 Million in Financing to Drive Strategic Expansion and Enhance Product Offerings
Reveleer, a leading AI-powered healthcare technology data and analytics company committed to advancing sustainable value-based care for health plans and risk-bearing providers, today announced it has raised over $65 million in new capital in a financing round led by Hercules Capital, Inc.
“This funding will have a tremendous impact as it positions us to strategically pursue inorganic growth opportunities in value-based-care technology, accelerating innovation and enhancing patient care through healthcare AI technology,” said Jay Ackerman, CEO and President at Reveleer. “With this infusion of capital, we can swift...
Source: EMR and HIPAA - March 6, 2024 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Andrew Adams Health IT Funding Health IT Fundings Health IT Investment Hercules Capital Hercules Capital Inc. Jay Ackerman Oak HC/FT Reveleer Tom Hertzberg Source Type: blogs
b.well Connected Health Secures $40M to Power The Connected Health Ecosystem
Company Also Welcomes Samsung Head of Digital Health to Board of Directors in Funding Round to Accelerate Growth
b.well Connected Health, the company powering platform-enabled healthcare ecosystems, today announced the closure of a $40 million Series C growth round led by Leavitt Equity Partners. Andrew Clark, Managing Partner at Leavitt Equity Partners joins the b.well board of directors. Ryan Howells, Principal at Leavitt Partners and Executive Director of the CARIN Alliance, a bipartisan, multi-sector collaborative dedicated to advancing consumer-directed exchange of health information, has joined the b.well board as ...
Source: EMR and HIPAA - March 6, 2024 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Andrew Clark b.well b.well Connected Health CARIN Alliance CLEAR Health IT Funding Health IT Fundings Health IT Investment Hon Pak Kristen Valdes Leavitt Equity Partners Lee Health Michael Leavit Source Type: blogs
Policy Ingredients for Real-Time Improvements in Health Care, Prior Auth, and Claims
Many of us look forward to digital interactions in health care that work as simply as a retail sale or airline reservation. Don Rucker, MD, chief strategy officer at 1upHealth, shows us in this video how current regulations and FHIR standards will actually make that happen.
In a fast-paced exchanged with John Lynn of Healthcare IT Today, Rucker covers regulations and evolving data exchange standards that foster interoperability and data analytics. “The real point of interoperability is continuous, real-time computing,” according to Rucker. He points out that not just payers, but some employers, are demanding ac...
Source: EMR and HIPAA - March 5, 2024 Category: Information Technology Authors: Andy Oram Tags: Ambulatory C-Suite Leadership EMR-EHR Health IT Company Healthcare IT Hospital - Health System Interoperability Regulations 1upHealth Don Rucker FHIR FHIR APIs Health Data Exchange Healthcare APIs Healthcare Interoperability Source Type: blogs
Home Health AI: Predicting Illness and Preventing Hospitalizations
The following is a guest article by Shveta Mangal, CEO at VitaWerks
In today’s rapidly evolving healthcare environment, the concept of home as an “extension of care” is gaining traction, ushering in a new era of patient-centered support. Traditionally, healthcare was confined to clinical settings, but with advancements in technology, particularly artificial intelligence (AI) and machine learning, the paradigm is shifting.
These cutting-edge technologies are now being harnessed to predict health issues before they escalate, revolutionizing home health care and paving the way for proactive interventions tha...
Source: EMR and HIPAA - March 5, 2024 Category: Information Technology Authors: Guest Author Tags: AI/Machine Learning Clinical Health IT Company Healthcare IT Hospital - Health System Telemedicine and Remote Monitoring Healthcare at Home Home Health AI Home Health Care Home Healthcare Hospitalization Prevention Illness Prediction Source Type: blogs
Fabric Secures $60M Series A to Streamline Care Experiences, Consolidating Fragmented Health Technology
Funding comes from General Catalyst, with Continued Participation from Thrive Capital, GV (Google Ventures), Salesforce Ventures, Box Group, and Others
Fabric will use the Funding to Bolster its Technology and Team, Accelerating the Development of Innovative Solutions that Serve 70 Health Systems, 3,800+ Clinicians, and Millions of Patients Across Urgent, Emergency, Surgical, and Primary Care
Funds will also be used to Advance AI Solutions and Explore Strategic Acquisitions
Fabric, developers of a leading care enablement system that is humanizing care by automating clinical and administrative work, today announced its $60M...
Source: EMR and HIPAA - March 5, 2024 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Aniq Rahman Atento Capital Box Group Fabric General Catalyst Google Ventures GV Health IT Funding Health IT Fundings Health IT Investment Holly Maloney Luminis Health Saad Chaudhry Salesforce V Source Type: blogs
RapidClaims Uses AI to Help US Healthcare Providers Address $250B in Denied Claims
RapidClaims Launches from Stealth with $3.1M Funding to Tackle the Core Issues Behind Claims Denial
Healthcare organizations are turning to automation with “revenue cycle management” to protect operating margins and the increasing claim denials from the payors. Every year, close to $265B in claims made by US healthcare organizations are denied because of the way claims are coded on payor documentation and delayed submissions are two chief reasons for the denials. Coding errors account for over 40% of claim denials, while untimely submissions contribute to 35% of denials; eligibility and prior authorization being some o...
Source: EMR and HIPAA - March 5, 2024 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Abhinay Vyas Ankit Jain Better Capital DeVC Dushyant Mishra Girish Mathrubootham Health IT Funding Health IT Fundings Health IT Investment Infinitus Jot Sarup Sahni Manav Garg Mass General Neon Source Type: blogs
Making AI Models in Healthcare Transparent One Bite at a Time – Regulatory Talk Series
This article is the third in the Healthcare Regulatory Talk series.
New data standards announced last December by the Office of the National Coordinator for Healthcare Technology (ONC) are an extraordinarily significant expansion of regulations around health IT and could hijack product roadmaps for years to come.
For EHRs faced with the daunting task of revamping platform technology and innovation roadmaps, the “Health Data, Technology, and Interoperability: Certification Program Updates, Algorithm Transparency, and Information Sharing (HTI-1)” final rule is like the elephant in the old proverb: too hard to consume all...
Source: EMR and HIPAA - March 4, 2024 Category: Information Technology Authors: Guest Author Tags: AI/Machine Learning Ambulatory C-Suite Leadership Health IT Company Healthcare IT Hospital - Health System Regulations 21st Century Cures Clinical Decision Support Clinical Grade AI DrFirst EHR Certification EHR Development EHR R Source Type: blogs
