Welcome to our Healthcare IT Today Weekly Roundup. Each week, we’ll be providing a look back at the articles we posted and why they’re important to the healthcare IT community. We hope this gives you a chance to catch up on anything you may have missed during the week.
Diving Into Epic’s Partnerships with Microsoft and Nuance. John Lynn spoke to Peter Durlach, at Microsoft via Nuance, about Epic’s integration with Nuance DAX Copilot and how it reduces documentation by 50% per clinical episode. They also touched on Epic’s work with Microsoft Azure. Read more…
Devoting AI to Process Improvement in the Operating Room. Andy Oram spoke to David Schummers at Apella Technology about the benefits of monitoring activity in the OR to see when cleaners, patients, and sterilized equipment arrive and leave. That data’s valuable for improving efficiency. Read more…
Ingredients for Real-Time Improvements in Health Care, Prior Auth, and Claims. John chatted with Dr. Don Rucker, now at 1upHealth, about why TEFCA isn’t ideal for real-time data access and how FHIR APIs will help do the job – and allow payers and even employers to access data, too. Read more…
Healthcare IT Today Podcast: Entrepreneur Myth Busting. John and Colin Hung wondered if now is a good time to start a digital health company and suggested some of the hardest truths for would-be founders to accept. Read more…
How Technological Advances Solidify Home Care in the Healthcare Continuum. Jiang Li, CEO at Vivalink explained how real-time data, continuous monitoring, and interactive communication help bring clinical teams into the home while maintaining a patient-centric approach to care. Read more…
Home-Based Care a Powerful Example for Harnessing Technology Across the Care Continuum. Virtual care is poised to deliver patient-centered care and simplify care coordination, and that helps to support sound clinical decision-making, said Laura Templeton at Compassus. Read more…
How to Achieve Healthcare Data Accuracy with Artificial Intelligence. Numerous obstacles hinder true data accuracy in the EHR. Ann Krutsko at ScienceSoft explored how AI can help through data validation, automated coding, anomaly detection, real-time alerts, and more. Read more…
Predicting Illness and Preventing Hospitalizations With Home Health AI. Home health monitoring is poised to help care teams take preventive action and empower patients to more actively manage their health, according to Shveta Mangal at VitaWerks. Read more…
Making AI Models in Healthcare Transparent One Bite at a Time. The latest in our Healthcare Regulatory Talk series comes from Dr. Nick Barger at DrFirst, who explained how EHR vendors should approach compliance with algorithm transparency requirements in the HTI-1 Final Rule. Read more…
Bonus Features for March 3, 2024: 75% of healthcare leaders expect widespread implementation of AI in 3 years, yet 78% of orgs lack knowledge on how to train employees to use AI. Read more…
Funding and M&A Activity:
- Clinical documentation vendor Abridge raised $150 million in Series C funding.
- Value-based data and analytics company Reveleer raised $65 million.
- Data platform and ecosystem enabler b.well secured $40 million in Series C funding.
- Remote monitoring and care management tool HealthSnap closed $25 million in Series B funding.
- Dina raised $7 million in Series B funding; the company supports network management for Medicare Advantage and Managed Medicaid.
- Clinical and administrative workflow automation vendor Fabric secured $60 million in Series A funding.
- Youth mental health provider Blackbird Health raised $17 million in Series A funding.
- Anatomy Financial raised $7.6 million and launched its financial automation solution for healthcare.
- Medical coding automation vendor RapidClaims launched from stealth with $3.1 million in funding.
- Payment platform PatientFi closed a growth equity round.
Thanks for reading and be sure to check out our latest Healthcare IT Today Weekly Roundups.
