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
Teladoc Health Launches Enhanced 24/7 Care Service
Teladoc Health, the global leader in virtual care, announced the launch of new enhancements to its 24/7 Care service. The new capabilities build on the company’s flagship virtual urgent care service which provides access to licensed care providers who assess and treat non-emergency medical needs, 24 hours a day, seven days a week.
Penguin AI Launches HCC Coding & Risk Adjustment Solution as Snowflake Native APP on Snowflake Marketplace
Penguin Ai, a healthcare artificial intelligence company, announced the launch of its Hierarchical Condition Category (HCC) Coding & Risk Adjustment solution on Snowflake Marketplace. The Penguin Ai HCC coding solution, available as a Snowflake Native App, enables joint customers to elevate risk-adjustment performance by applying automated, context-aware analysis to identify, confirm, and clarify diagnosis codes aligned to the Centers for Medicare & Medicaid Services – Hierarchical Condition Category (CMS-HCC) models.
Kontakt.io Introduces Patient Journey Analytics to Transform Hospital Operations Through Digital Twin Intelligence
Kontakt.io launched Patient Journey Analytics, a next-generation data intelligence layer that eliminates operational uncertainty in hospitals by unifying clinical and operational data into a continuous, actionable view of patient care. The platform enables healthcare organizations to shift from reactive decision-making to proactive interventions and live orchestration of care workflows, resources, and patient care.
AVIA Expands Nexus in Autonomous Enterprise and Connected Care Collaboratives
Health systems are looking for new ways to simplify operations and streamline workflows to improve efficiency, reduce unnecessary documentation, and enable coordinated care across home, virtual, and in-person settings. AVIA is bridging strategy and execution by helping health systems eliminate operational friction, streamline workflows, and deliver more coordinated care through the introduction of two new Nexus Collaboratives – Zero Documentation and Connected Care Anywhere.
Claude for Healthcare Powers Carta Healthcare’s Hybrid Intelligence
Carta Healthcare, the award-winning leader in enterprise clinical data management, underscored the role of hybrid intelligence in advancing responsible AI for healthcare as Anthropic unveiled Claude for Healthcare during the 44th Annual J.P. Morgan Healthcare Conference.
PointClickCare Expands AI-Powered Suite of Solutions with Launch of Referral Advisor
PointClickCare, a health tech company helping providers deliver exceptional care, announced the upcoming availability of Referral Advisor, the newest offering in its suite of solutions powered by artificial intelligence (AI). Following the success of the recently launched Chart Advisor, which empowers skilled nursing facilities (SNFs) to proactively manage incident risks and close documentation gaps, Referral Advisor tackles the foundational industry problem of labor-intensive intake and referral management.
Telehealth Product News
CardioOne Launches Integrated Care Management and Monitoring Platform, CardioOne Connect
CardioOne announced the launch of CardioOne Connect, a fully integrated platform that brings together ambulatory cardiac diagnostics, chronic care management, and remote patient monitoring into one seamless experience for physicians and their care teams.
TenDollarTelehealth Launches, Delivers $10 Primary and Urgent Care as ACA Premiums Soar
As millions of Americans brace for record insurance premium hikes and expiring subsidies, a new startup led by Dr. Renee Dua, founder of Heal, is addressing the crisis with a transformative solution: TenDollarTelehealth, delivering $10 unlimited primary and urgent-care visits with licensed providers, no insurance or deductibles required.
NavioMD Launches Telehealth Platform Focused on Modern, Clinician-Guided Care
NavioMD announced the launch of its telehealth platform, offering patients access to clinician-guided care through a modern, technology-enabled experience designed to support long-term health needs.
GoTo Telemed Launches Nationwide Integrated Telehealth Platform to Serve 10+ Million Patients in 2026
GoTo Telemed announces the launch of its fully integrated telehealth ecosystem designed to empower over 10 million patients and licensed healthcare professionals—including nurses, physicians, dentists, and behavioral health specialists—across the United States. The platform consolidates secure video conferencing, electronic health records, billing, malpractice insurance, appointment management, and specialist collaboration into a single seamless solution.
AI Product News
AIDS Healthcare Foundation Modernizes Contract Management with Generative AI-Powered CloudMoyo IntelliDoc Analyze
CloudMoyo IntelliDoc Analyze (CDA) is helping global nonprofit, AIDS Healthcare Foundation (AHF), modernize its contract lifecycle management system. CDA is a generative AI-powered document intelligence service accelerator built using the CloudMoyo AI framework that transforms unstructured data into structured data.
rater8 Debuts AI Insights
rater8, the leader in healthcare reputation management, announced the addition of AI Insights to the rater8 Visibility Engine (raVE). The intuitive, AI-powered chat responds to conversational queries and quickly surfaces vital information so medical practices can instantly get the real-time answers they need from their patient feedback data.
EBIX Launches Verified Medical Data Platform to Power Clinically Safe Healthcare AI
EBIX launches a breakthrough Verified Medical Data Platform as part of its EbixONE AI initiative, that lets Universities, Hospitals, Publishers, Health Plans and AI Firms train their own AI models on two of the most trusted medical libraries in the world – Ebix Health Content and Wellness: A.D.A.M., a leader in patient education for over three decades, and Oakstone CME, a premier source of physician continuing medical education.
MediKarma Launches Healthcare’s First “Agentic AI” Licensing Model: Opens Access to Validated Disease Management Agents
MediKarma announced a defining strategic shift with the launch of its Agentic AI Licensing Program, making it the first company in the healthcare industry to license out fully autonomous AI agents for wellness, disease management and enterprise data operations.
MDisrupt Introduces Health Expert in the Loop to Put Clinicians at the Center of AI Training and Validation
MDisrupt, the AI-powered health-expert marketplace behind healthcare’s boldest innovations, announced the launch of Health Expert in the Loop™, the first solution for centralized, on-demand access to practicing clinicians for AI model development. The offering enables technology, digital health, medtech, and life science companies to train and validate AI systems with real-world clinical judgment, specialty knowledge, and evidence-based insights at scale, ensuring models are clinically relevant, safe, and effective.
b.well Launches the First-Ever SDK for Health AI Assistants
b.well Connected Health, the most connected digital health platform for AI-powered consumer experiences, unveiled the first SDK built to power healthcare AI assistants with clean, connected, real-time health data and to provide self-service features that let individuals take action through conversational AI. As organizations race to deploy consumer-facing AI chat and agent experiences, the now-available SDK provides the safe, accurate, and scalable foundation needed to bring them to market.
