Health IT Product News Report July 2024

Allied Market Research reports that the global healthcare information technology (IT) market size was valued at $250,577.15 million in 2020, and is projected to reach $880,688.75 million by 2030, registering a CAGR of 13.3% from 2021 to 2030.

Data Bridge Market Research reports the market drivers and growth can be attributed to the increase in technological know-how, growing volume of patient data, and demand for quick and efficient healthcare processes and systems will help in driving the growth of the healthcare IT market. Increasing digitization in the healthcare industry and demand for value based care and rising cost of provision of healthcare services coupled with the increasing number of healthcare facilities will likely accelerate the growth of the healthcare IT market in the forecast period of 2020-2027.

rater8 Adds Capabilities Empowering Healthcare Organizations to Unlock Deeper Patient and Practice Insights for Improved Operational Efficiency
rater8, a provider of healthcare reputation management, announced significant enhancements to its unified patient feedback solution. Providing deeper insights, streamlining provider and listings management, and improving the overall user experience, the new capabilities will help the more than 750 healthcare organizations relying on rater8 to further elevate online visibility, manage reputation, attract and retain patients, improve patient experience, and enhance operational performance.

HSBlox CureAlign 3.9 Introduces Patient Engagement Solution for VBC
HSBlox, a technology company empowering healthcare organizations with the tools and support to deliver value-based care (VBC) successfully and sustainably, announced release 3.9 of its CureAlign® platform.

Greenway Health provides essential tools for patient payments with Greenway Health Pay powered by InstaMed creating convenient, simple, and timely patient collections
Greenway Health, a health information technology and services provider, announced the launch of Greenway Health Pay powered by InstaMed, giving practices and patients tools to simplify the patient payment process, provide clear cost information up-front, and experience frictionless patient payment options.

Kontakt.io Launches Patient Flow Solution Featuring World’s Smallest Wearable Tag with Room Accuracy
Kontakt.io, the leader in healthcare RTLS and digital transformation, announced the release of the Patient Flow solution. The solution, delivered as a service, is powered by the new Nano Tag IR – the world’s smallest disposable, wearable Bluetooth Low Energy (BLE) tag equipped with infrared (IR).

Verantos launches Alzheimer’s Disease Pragmatic Registry to support high-validity real-world evidence generation
Verantos, the global leader in high-validity real-world evidence at scale, announced the launch of its Alzheimer’s Disease Pragmatic Registry, which provides rich and reliable data on patients with Alzheimer’s disease and related conditions to life sciences organizations.

Mobile Health Launches Self-care Virtual Experience For Chronic Conditions, Eliminating Need to Use Insurance
Mobile Health, an end-to-end digital health, wellness, and virtual care SaaS platform, announced the launch of a virtual care solution that addresses the leading chronic health conditions, including diabetes, high blood pressure, musculoskeletal disorders and conditions, weight management, depression and anxiety, and prenatal care.

Wolters Kluwer Set to Add AI Capabilities to Its Nursing Education Solutions
Wolters Kluwer Health announced plans to expand the role of artificial intelligence (AI) in its nursing education products and solutions. Having already started with Lippincott® CoursePoint+, nursing education’s most trusted curriculum solution designed to successfully transition the next generation of learners, the upcoming solutions will help reduce faculty workload and offer students AI-personalized remediation tools with rich content, based specifically on their performance data.

Cognizant Launches First Set Of Healthcare Large Language Model Solutions As Part Of Generative AI Partnership With Google Cloud
As part of an expanded partnership announced last August, Cognizant has launched the first set of healthcare large language model solutions on Google Cloud’s generative AI (genAI) technology, including the company’s Vertex AI platform and Gemini models, aimed at redesigning healthcare administrative processes and improving experiences.

CCS Launches PropheSee, an AI-Powered Predictive Model that Improves Therapy Adherence for People Living with Diabetes
CCS, a provider of clinical solutions and home-delivered medical supplies for those living with chronic conditions, announced PropheSee a new, AI-powered predictive model for healthcare organizations focused on improving adherence in the population of people that have been prescribed a continuous glucose monitoring device to help manage their diabetes. In addition to improved clinical outcomes, health plans and risk-bearing providers can also realize savings of up to $2,200 per patient per year from this increase in CGM adherence and better glycemic control.

Hyper-Personalize Customer Experience
Talkdesk®, Inc., a global provider of artificial intelligence (AI)-powered customer experience technology that serves enterprises of all sizes, is leading the charge to rid the world of bad CX with the launch of generative AI (GenAI)-powered Talkdesk Navigator and mood insights.

Lyric Debuts New AI-Driven Platform Aimed at Streamlining Payment Accuracy and Cost-of-Care
Lyric, a long-time industry leader and well-known pre-pay editing provider, is announcing the launch of 42, an innovative platform and the latest solution as Lyric continues its evolution as an AI-first platform company. Lyric’s 42 brings value unlocking capabilities by connecting customers to Lyric’s best-in-class partner offerings that span the payment accuracy and cost-of-care continuum. Enabling ease of technology deployment, 42 delivers the advantages of a multi-vendor strategy, while minimizing operational complexity, integration, and administrative costs.

InfoBionic.Ai and HBox.ai Ink Partnership to Offer the First AI-Driven “Cardiology Clinic of the Future”
InfoBionic.ai and HBox.ai have partnered to create the first comprehensive cardiovascular care solution for the “Cardiology Clinic of the Future.” This collaboration integrates HBox.ai’s virtual care model with InfoBionic.AI’s advanced cardiac telemetry, offering AI-driven tools for virtual consults, remote monitoring, and diagnostic care. The goal is to enhance clinical insights, improve patient engagement, and boost operational efficiency, ultimately reducing hospitalizations and improving outcomes.

SPRY Enables Clinics to Improve Patient Care While Easing Operational Demands With Rehab Therapy’s First AI-Integrated EMR
SPRY Therapeutics, creator of rehab therapy’s first fully integrated, AI-powered EMR, announced the introduction of SPRY Ally, a suite of AI-powered tools for rehab therapy. The tools leverage AI’s ability to continually learn as it dramatically improves the efficiency and accuracy of clinical documentation, patient intake, and billing processes.

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