Finance
AI and automation revenue cycle management tools will be accessible to 160,000 physicians.
The company will fund and develop companies that focus on eight key areas in healthcare and create AI/genAI technologies that help advance those areas.
When considering a merger or acquisition, potential buyers should ask for the seller’s security policies and procedures, a risk analysis, and whether they have had recent security incidents, says Adam Greene, partner at Davis Wright Tremaine.
The company will use the funds to enhance its R&D strategy, advance its SEEDIT platform and boost product development.
Former HealthTap employees allege that Mohr Davidow Ventures and company leaders stripped them of equity to position the company for a profitable turnaround benefiting MDV.
The all-cash transaction will see Cross Country transition to a privately held company with its common stock no longer trading on the Nasdaq.
Call centers are revenue-generating tools for healthcare facilities, rather than expense centers. AI can be used for workforce management to project volume fluctuations, says Yuriy Kotlyar, cofounder and CEO of American Health Connection.
The company will use the funds to try and level the playing field between payers and providers.
The funds will be used to strengthen the company's platform with AI-driven features, increase its product development and meet rising market demand for digital healthcare.
The money will be used to develop new medications and biologicals.