Finance

The acquisition expands Datavant's capabilities to help insurance and legal professionals with AI-enabled tools for automated medical record review and predictive analytics.

An American Hospital Association webinar revealed that healthcare leaders consider AI integral to their revenue cycle management operation.

The acquisition will further enable Talkspace to provide personalized care tools that tackle social and mental health issues.

PKG Health's movement disorder algorithms and digital endpoints will be integrated into Empatica’s AI-enabled health monitoring wearables.

The company was sold to an affiliate of New Enterprise Associates and a consortium of investors for $1.465 billion and ceased trading on the NYSE on Oct. 2.

The launch comes a day after General Catalyst CEO Hemant Taneja announced the closing of the firm’s $485 million acquisition of Ohio healthcare system Summa Health.

Marx Advisory CEO Ed Marx recommends that providers adopt 'AI concierge' models offering personalized treatment or watch AI-empowered patients bypass them for new self-service solutions that offer quicker access to care.

The company's AI agents handle scheduling, benefit checks, prior authorization claims status and billing.

The company anticipates doubling its revenue this year reaching $1 billion in sales.

The integrated platform will combine patient engagement, care access, provider data management, price transparency and payment tools.