Allied Market Research reports that the global healthcare information technology (IT) market size was valued at $250,577.15 million in 2020, and is projected to reach $880,688.75 million by 2030, registering a CAGR of 13.3% from 2021 to 2030.
Data Bridge Market Research reports the market drivers and growth can be attributed to the increase in technological know-how, growing volume of patient data, and demand for quick and efficient healthcare processes and systems will help in driving the growth of the healthcare IT market. Increasing digitization in the healthcare industry and demand for value based care and rising cost of provision of healthcare services coupled with the increasing number of healthcare facilities will likely accelerate the growth of the healthcare IT market in the forecast period of 2020-2027.
Health IT Product News
1upHealth Announces 1up Gateway to Simplify CMS-0057-F Compliance for Health Plans
1upHealth, a leader in health data interoperability, announced the 1up Gateway, a new model to support compliance with the CMS Interoperability and Prior Authorization Final Rule (CMS-0057-F) among health plans with existing FHIR infrastructure. With this new release, 1upHealth is ensuring the broader payer ecosystem is prepared for interoperability regulations ahead of the final January 1, 2027 deadline.
Cantata Health Solutions Announces New Capabilities for Child and Youth Services Organizations
Cantata Health Solutions, a provider of technology solutions for behavioral health and human services, announced expanded child and youth services capabilities within Arize, its modern EHR platform for managing clinical, financial and operational workflows. The new features are designed to help organizations that provide foster care, adoption, family preservation, and related services to quickly identify available homes, manage placement requirements and reduce the manual work that slows operations.
CareHive Health Launches New Service to Help Members Choose High-Quality, Lower-Cost Care
CareHive, a physician-led healthcare technology company, announced the launch of its healthcare decision guidance service in collaboration with a leading Texas health plan. The service proactively identifies plan members who can save money by receiving routine clinical services, such as laboratory tests, in lower-cost care settings without compromising quality. It then provides clear, personalized guidance and support to help members make a confident change. The service is available to members at no cost, regardless of how much they save.
Caris Life Sciences Launches Caris Detect, the World’s Most Sensitive and Comprehensive Multi-Cancer Early Detection Blood Test
Caris Life Sciences®, a patient-centric, next-generation AI TechBio company and precision medicine pioneer, announced the commercial launch of Caris Detect™, a groundbreaking multi-cancer early detection blood test designed to uncover cancer signals at earlier, more treatable stages.
Carta Healthcare Brings Hybrid Intelligence to Oncology with Lighthouse for Cancer Registry Abstraction
Carta Healthcare, a provider of enterprise clinical data management, announced Lighthouse for Oncology. Health systems can now apply Carta Healthcare’s Hybrid Intelligence approach to cancer registries, one of the most complex and labor-intensive areas of clinical data abstraction.
MedeAnalytics Announces Innovations to Improve Quality and Financial Performance of Medicare Advantage Plans
MedeAnalytics, the healthcare performance improvement company, announced innovations to Medicare Advantage Insights, one of the core offerings of its enterprise healthcare analytics portfolio. These new capabilities help Medicare Advantage (MA) health plans unify fragmented data across quality, risk, finance, utilization, social determinants of health (SDOH), and member experience. By turning that data into predictive, prioritized insights and intelligent workflows, Medicare Advantage Insights helps plans improve financial performance, quality outcomes, and value-based care execution.
Trice Workspace Reporting Launches to Evolve Obstetric & Maternal Fetal Medicine Workflows
Despite declining birth rates worldwide, the complexity of pregnancy is increasing. Advanced maternal age, IVF assisted pregnancies, rising obesity rates and higher prevalence of hypertension and diabetes, means that more cases require specialist monitoring, advanced imaging, and multidisciplinary care. At the same time, clinical teams are stretched and facing increasing administrative demands. Designed to address the challenges, Trice Imaging, has launched ‘Trice Workspace Reporting’, an innovative reporting tool built specifically for Obstetrics and Maternal Fetal Medicine.
Telehealth Product News
Teladoc Health Introduces a Virtual Care Practice Built Around the Person, Shaping a New Era of Connected Care
Teladoc Health announced Teladoc One, a fundamentally new model of virtual care. Teladoc One begins with the person. It addresses the industry’s longstanding challenge of fragmented care, where solutions have been built to address one disease at a time rather than dynamically supporting a person’s entire health needs.
AI Product News
AGS Health® Launches InnovationWorks™ to Turn the Promise of Revenue Cycle AI and Automation into Outcomes That Matter to Providers
AGS Health®, a provider of tech-enabled revenue cycle management (RCM) solutions and a strategic growth partner to healthcare providers across the U.S., announced the launch of AGS Health InnovationWorks™. This center of excellence is purpose-built to turn the promise of revenue cycle AI into outcomes that matter to providers: stronger financial performance, better patient financial experience, and the freedom to invest in care.
HOPPR Introduces Presto: AI-Powered Draft Reporting for Radiology
HOPPR has unveiled its Presto Agent, a groundbreaking solution aimed at simplifying AI integration within existing radiology reporting systems. This innovation seeks to address barriers to AI adoption by allowing radiologists to incorporate AI draft reporting capabilities without the need for new platforms or significant workflow modifications.
Luma Health Announces Patient Pipeline, AI-Powered New Patient Acquisition to Turn Ad Spend Into Booked Patient Care
Luma Health announced Patient Pipeline, a new product that uses AI to connect patients shopping for care with health systems’ open capacity. Too often, new patients hit a dead end while providers sit with unbooked time. Patient Pipeline reads a health system’s real-time schedule and builds Google Ads around the open slots, then traces each booking back to the marketing effort that drove it. For the first time, marketers can see an ad click through to the care received and tie it to the associated revenue.
MDaudit Advances Its Meaningful AI Strategy with the Addition of Auditor Assist to Its Continuous Risk Monitoring Solutions Suite
Payers are denying claims at AI-driven speed, often autoflagging and subsequently denying valid claims for provided care that hospitals and health systems must fight to recover. Benchmark data from MDaudit tells the story: payer audit volume and dollars at risk climbed 30% year over year, with coding-related denials up as much as 26%. Regulatory scrutiny of AI-assisted coding and documentation is also intensifying, contributing to rapidly growing audit backlogs. To help healthcare organizations fight these headwinds, MDaudit, an award-winning continuous risk-monitoring platform, offers a suite of revenue integrity solutions grounded in its standard of Meaningful AI, in which technology is judged by its return on investment (ROI), the friction it removes, and whether a human remains firmly in control of every decision.
Pacific AI’s Healthcare AI Governance Platform now Available on AWS Marketplace and Azure Marketplace
Pacific AI, the AI governance platform purpose-built for healthcare, made its CHAI-certified platform available on both AWS Marketplace and Microsoft Azure Marketplace. Healthcare organizations can now deploy the full platform inside their own AWS account or Azure subscription in minutes.
Relatient Expands Dash Voice AI with Clinical Request Automation
Relatient announced a clinical request automation capability for its Dash Voice AI solution. The AI voice agent now automatically captures patients’ clinical, medication, billing and other requests, then creates an actionable task for the right care team directly within existing workflow tools, like an EHR.
Revecore Launches ReClaim(TM), an AI-Native Platform Built for the Complexity Modern Hospitals Face
Revecore, a provider of complex revenue cycle management solutions for hospital systems nationwide, announced the launch of Revecore ReClaim™, an AI-powered revenue recovery intelligence platform and the technology foundation behind every Revecore service.
SimplePractice Launches AI-powered Care Aide to Reduce Administrative Burden and Support Clinical Workflows
SimplePractice, a platform powering independent mental health practitioners, announced Care Aide, an AI-powered clinical workflow assistant designed to help independent practitioners reduce administrative burden and stay focused on care.
Talkdesk Ends the Guesswork in Deploying Customer-facing AI Agents
Talkdesk®, Inc., a Customer Experience Automation (CXA) company, announced Talkdesk Agent Builder, a natural language-driven tool that enables both business users and technical teams to oversee the complete lifecycle of their customer service AI agents.
