Health IT Business News – October 10, 2024

Trending News

Clinical Architecture and 4medica Partner to Offer Innovative Harmonized Longitudinal Whole-Person Care Record Solution
Clinical Architecture, a provider of data quality and interoperability solutions, has entered into a strategic partnership with 4medica, a renowned health and community care information exchange and data management platform provider. This partnership combines the strengths of both companies to offer a comprehensive, high-quality longitudinal person record, underpinned by semantic normalization, to enhance whole-person care and downstream clinical and community care data use.

Infinx Launches Next-Generation Intelligent Automation Platform for Revenue Cycle Management
Infinx, a trusted provider of AI-powered solutions for patient access and revenue cycle management, announces its Intelligent Revenue Cycle Automation Platform, which combines advanced AI — including generative AI and machine learning — with human expertise to address key healthcare pain points like staff shortages, claim denials, and payment delays.

NextGen Healthcare Introduces AI-Driven Ambient Listening Innovation for Ophthalmologists and Optometrists
NextGen Healthcare announced that its AI-driven ambient listening solution NextGen® Ambient Assist is now available to ophthalmologists and optometrists. NextGen Ambient Assist saves medical professionals up to two hours of documentation time per day by transcribing patient-provider conversations in real time and leveraging AI to summarize patient encounters within 60 seconds of a visit.

HITRUST Achieves Major Milestone with Availability of Solution Making it Practical to Manage Third-Party (Information Security) Risk
HITRUST, the leader in information risk management, security, and compliance assurances, announces enhancements to the HITRUST Assessment XChange, its comprehensive third-party risk management (TPRM) solution, overcoming legacy challenges and making TPRM practical and effective for organizations across all industries.

Zscaler Zero Trust Exchange™ Extends Cybersecurity Market Leadership by Surpassing Half a Trillion Daily Transactions
Zscaler, Inc., a provider of cloud security, announced that the Zscaler Zero Trust Exchange™ cloud security platform has surpassed half a trillion daily transactions which is nearly 60 times greater than the total number of Google searches per day.

Product News

SPRY Launches First-of-Its-Kind BI and Fax AI Tools for Rehab Therapy Clinics
SPRY Therapeutics, creator of rehab therapy’s first fully integrated AI-powered EMR, announced that it will introduce SPRY BI and Fax AI at the upcoming APTA Private Practice 2024 Annual Conference & Exhibition. These advanced features, including the industry’s first business intelligence tool tailored for small and medium-sized clinics, are designed to streamline clinic operations and enhance efficiency.

Clearway Health Unveils Charter, a New Patient Management Software Solution for Specialty Pharmacy Programs
Clearway Health, a specialty pharmacy services company partnering with hospitals and health systems, unveils Charter, its new proprietary patient management software solution developed to support the specific needs of specialty pharmacy programs within a hospital or health system.

Oracle Delivers New Electronic Health Record Innovations
Oracle Health continues to deliver electronic health record (EHR) innovations that help clinicians streamline routine tasks and deliver more efficient, informed patient care. With the new capabilities, caregivers can more quickly and easily update and access critical patient information from practically anywhere to help increase efficiency and reduce burden.

Clarify Health Unveils Bold Rebrand with New ROI-driven Solutions Fueling Actionable, Data-Driven Insights
Clarify Health has unveiled a bold rebrand for their expanded data and analytics offerings, which enable providers, payers, health tech and services organizations, and life science companies to break new ground on healthcare insights. This rebrand introduces offerings designed to flexibly stack together for integrated enterprise value so that customers can grow topline, contain costs, and guide care with greater clarity and actionability.

Newly Improved Analytics Maturity Assessment Model (AMAM) Centered on Patient Outcomes to Improve AI Strategy, Data Governance, Analytics
HIMSS recently launched a newly upgraded Analytics Maturity Assessment Model (AMAM), a framework that helps health systems evaluate and improve their analytics strategy, data governance, and supports the effective use of artificial intelligence technology.

German Bionic Debuts Groundbreaking Power Suit for Nursing and Care Professionals in North America
German Bionic, the pioneering robotics company with offices in Boston, Berlin and Tokyo, announced its official introduction of the “Apogee+” powered exoskeleton to the North American healthcare market. Merging cutting-edge robotics with research-backed, data-driven insights, the wearable technology aims to redefine the landscape of support for caregivers—cultivating a realm of enhanced well-being and sustainable working conditions for nursing and care professionals.

Otsuka Precision Health, Inc. (OPH) and Amalgam Rx Announce the Digital Support Solution for Caregivers Supporting Patients with Alzheimer’s Disease
Otsuka Precision Health, Inc., and Amalgam Rx, Inc., announce the launch of Elevmi™ – an intelligent digital application that helps caregivers support loved ones with Alzheimer’s Disease.

Collaboration News

ProJenX and Unlearn Announce Partnership to Augment ALS Clinical Trial PRO-101 with Digital Twin Model
ProJenX, Inc., a clinical-stage biotechnology company developing novel therapies targeting biologically defined pathways for the treatment of amyotrophic lateral sclerosis (ALS) and other debilitating brain diseases, announced its partnership with Unlearn to augment PRO-101, its Phase 1 clinical trial of prosetin—a brain-penetrant, MAP4 kinase (MAP4K) inhibitor—with Unlearn’s advanced generative artificial intelligence (AI) technology.

Vita Health to Extend UConn Suicide Prevention Program With Three Year Government Grant
Vita Health, the only provider specializing in clinically validated suicide risk reduction, in collaboration with the University of Connecticut (UConn), announced that they have been awarded a three year grant by The Substance Abuse and Mental Health Services Administration (SAMSHA) to support further expansion of the college’s suicide prevention program.

Making the Cut, Milestones, Accolades, Awards and More

Lumicell Awarded Phase I NIH SBIR Contract to Develop Novel Flexible Endoscope for Fluorescence Imaging of LUMISIGHT™ Lumicell, Inc., a privately held company focused on developing innovative fluorescence-guided imaging technologies for cancerous tissue detection during surgery, announced Lumicell was awarded a Phase I Small Business Innovation Research (SBIR) contract from the National Cancer Institute (NCI) of the National Institutes of Health (NIH) to develop a novel flexible endoscopic platform that combines far-red fluorescence and reflected light imaging to detect precancerous and early-stage esophagealadenocarcinoma (EAC) under standard clinical endoscopy.

Rune Labs’ StrivePD Nearly Halves ER Visits for Parkinson’s Patients in Program with Kaiser Permanente
Rune Labs, a provider of precision medicine for Parkinson’s Disease (PD), previewed the results of an ongoing nine-month research program involving a diverse cohort of 138 Kaiser Permanente PD patients across California. The patients had an age range of 39 to 88 years and a mean disease duration of six years. In the care management program, all patients used an Apple Watch and Rune Labs’ StrivePD app to record their behavior for at least six hours of data per day for seven days per week.

ModMed’s RCM Hits Milestone in Collections
ModMed, a provider of specialty-specific EHR and medical practice solutions, announced its revenue cycle management (RCM) services business, ModMed BOOST, has collected approximately $1.8B in claims on behalf of its clients over the last twelve months. The achievement underscores the company’s commitment to helping providers build thriving practices amidst increasing market pressures.

AGS Health Achieves Fourth Consecutive Recognition as a Leader in RCM Operations by Everest Group
AGS Health, a provider of tech-enabled revenue cycle management (RCM) solutions and a strategic growth partner to healthcare providers across the U.S., has been named a Leader in Revenue Cycle Management (RCM) Operations by Everest Group for the fourth consecutive year.

Carta Healthcare Earns ‘Best Use of AI in Healthcare’ in 2024 Merit Awards for Technology
Carta Healthcare®, whose mission is to ignite healthcare improvement by unlocking the power of clinical data, announced that it has earned first-place Gold recognition for “Best Use of AI in Healthcare” in the 2024 Merit Awards for Technology.