Oracle has debuted a cloud-based solution designed to streamline medical claims processing. Oracle Health Clinical Data Exchange is designed to replace the manual transmission of medical records with a secure, centralized network to reduce administrative time and costs, according to a Monday (Oct. 14) press release. “Healthcare...
Microsoft has added several new artificial intelligence (AI)-powered capabilities to its Microsoft Cloud for Healthcare. These additions are designed to connect care experiences, enhance team collaboration, empower healthcare workers, and provide clinical and operational insights, the company said in a Thursday (Oct. 10) press release....
Inflation may be waning, but Americans aren’t seeing much relief when paying for medical care. Employer-sponsored health insurance costs climbed 7% for the second year in a row, a growth rate unseen in more than a decade, The Wall Street Journal (WSJ) reported Wednesday (Oct. 9), citing...
Maven Clinic, a virtual health startup aimed at women and families, has reached unicorn status. The company announced Tuesday (Oct. 8) that it had raised $125 million in a Series F funding round, valuing the firm at $1.7 billion. In a message posted to the...
Every pain point has a source, and identifying the source can be the key to finding its cure. Within the healthcare sector especially, many of the longest-standing pain points for system stakeholders, providers and patients are around payment processing, reconciliation and revenue cycle management (RCM)....
Imagine a healthcare system where technology is seamlessly integrated to improve outcomes and empower individuals, ensuring that everyone has secure access to their health information. The Office of the National Coordinator for Health Information Technology (ONC) has released its 2024-2030 Federal Health IT Strategic Plan,...
The healthcare landscape is as complex and slow moving as it is vital. But in an industry notorious for its slow tech adoption, healthcare providers are being pushed to overhaul their payment systems as digital-first solutions become the norm. Against this backdrop, the critical role of...
Thanks to a growing number of healthcare lawsuits, litigation financers could see new demand from hospitals, Bloomberg said in a Tuesday (Oct. 1) report. The litigation finance industry is worth $15 billion and is one where investors pay for lawsuits in exchange for any award...
Electronic billing company Paymentus has launched a partnership with Altera Digital Health. The new agreement adds Paymentus’ electronic bill presentment and payments platform to Altera’s suite of healthcare IT solutions, the company said Thursday (Sept. 26). “Healthcare billing is a historic pain point for patients...
