Finance

Increasing yield and reducing cost to collect are among the reasons hospitals outsource their RCM, says Ensemble Health Partners CTO Grant Veazy.  

Also, Clanwilliam has formally established its ANZ division.

The company will use the funds to accelerate its AI capabilities and for strategic and commercial growth.

The health tech giant reported lower-than-expected sales and profits in the first quarter, resulting in its shares plummeting.

The telemedicine giant reported a net loss of $81.9 million in the first quarter of the year and a 20% increase in EBITDA year-over-year. 

The SaaS company looks to harness Edgility’s AI capabilities to expand its patient-capacity offerings and augment its patient-flow model.

As part of the agreement, ShiftMed will provide services to 1,400 Genesis HealthCare locations.

Ernie Crawford, CEO at Crawford Technologies, discusses how the 2024 CMS Final Rule pertaining to materials and content is bringing health equity to payer market communications.  

David Smith, chief financial officer of managed services provider Anatomy IT, discusses in-house IT support vs. outsourcing IT, health systems' lack of budget to ensure data security and the need to protect against cybersecurity threats.  

Also, Indian pharmacy chain Zeno Health has acquired online pharmacy startup Tablt Pharmacy.