By Jill McKeon
May 16, 2023 – The HHS Office for Civil Rights (OCR) settled a HIPAA investigation with MedEvolve, an Arkansas-based business associate that provides revenue cycle management, practice management, and practice analytics software to…
Continue Reading
Telehealth and medical transportation company DocGo saw its shares rise after reporting its first quarter financial results, showing total revenue of $113 million with a net loss of $3.9 million. The company reported a 19%…
Continue Reading
Welcome to the weekly edition of Healthcare IT Today Bonus Features. This article will be a weekly roundup of interesting stories, product announcements, new hires, partnerships, research studies, awards, sales, and more. Because there’s…
Continue Reading
Butterfly Network, maker of a handheld, smartphone-connected ultrasound system, saw its stock price drop after reporting first-quarter revenue of $15.5 million, flat from its total revenue of $15.6 million in Q1 2022, alongside a…
Continue Reading
Top News
London-based, digital-first primary care operator Babylon Health will take itself private, 18 months after it went public in a SPAC merger that the CEO says was a “big mistake.”
The company just reported…
What You Should Know:On 5/10/23, BMO, Sharecare (SHCR) delivered what appear to be, good 1Q results. Revenue of $116.3M + 15.5% y/y, compares to BTIG / FactSet consensus of $111M / $110.9M and adjusted…
Continue Reading
Babylon’s stock price fell sharply after it announced plans to take the multinational digital health firm private, less than two years after the company debuted on the New York Stock Exchange. Babylon also entered into…
Continue Reading
What You Should Know:MultiPlan, a provider of data-enabled cost management, payment, and revenue integrity solutions for 700+ healthcare payors announced the acquisition of Benefits Science LLC (BST) for $160M in cash and stock.BST was…
Continue Reading
Introduction:
Hospital medical claims denial management is preventing, identifying, and appealing denied insurance claims to ensure accurate and timely reimbursement. It is essential for maintaining a healthy revenue stream and avoiding financial losses. This blog…
In the coming months, drivers of innovative approaches to healthtech will revolve around extending the clinical setting, engaging patients wherever they are, and evolution of healthcare knowledge. The traditional boundaries of the industry will…
Continue Reading
