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
Altera Digital Health Launches Sunrise CarePath Patient Engagement Platform
Altera Digital Health, a global health IT leader, announced the launch of Sunrise™ CarePath, a mobile patient engagement platform designed to close communication gaps and reduce adverse events, readmissions and financial barriers. Fully integrated with the Sunrise™ EHR, Sunrise CarePath delivers capabilities including real-time secure messaging, self-scheduling, patient notifications and appointment reminders, and online billing integration. Sunrise CarePath, compatible with version 22.1, is now generally available to mid-size hospital and health system clients.
MMI’s Symani® System Redefines Robotic Microsurgery Again with First-Ever Dissection and Digital Surgery Capabilities
Medical Microinstruments, Inc. (MMI), a robotics company dedicated to increasing treatment options and improving clinical outcomes for patients with complex conditions, announced the first clinical use of two new technologies that expand the potential of robotic-assisted microsurgery: the NanoWrist dissection instruments and the Synaptix Digital Surgery Platform.
VSee New AI Doctor Notes Reduces Documentation Time 93% – Transforming Virtual Emergency Care for Tele911
VSee Health, Inc., a provider of secure digital health solutions, announced the launch of its new AI doctor notes, one of the solutions in its AI solutions suite.
Teladoc Health Launches Wellbound Employee Assistance Program (EAP)
Teladoc Health, the global provider of virtual care, announced the launch of Wellbound, a bold new employee assistance program (EAP) designed to empower a more engaged, healthier workforce.
Telehealth Product News
Wheel Unveils Virtual-First Medication Fulfillment and Delivery Solution, Powered By Amazon Pharmacy
Wheel, a virtual care enablement and patient access company, announced the official launch of its integrated medication access solution embedded within Wheel’s Horizon™ platform and powered by Amazon Pharmacy. This strategic collaboration creates a seamless, virtual-first experience that connects prescriptions to fast delivery by improving transparency, affordability, and timeliness for high-demand treatments like GLP-1s and hormone therapies.
AI Product News
CoreCare Selected by Senior Living Properties Operations to Power AI-Driven Central Intake Across 42 Skilled Nursing Facilities
CoreCare, an AI-powered workflow platform for post-acute and long-term care (PALTC) providers, announced that Senior Living Properties Operations (SLPO) has selected Pre-Admit, CoreCare’s AI-powered referral analysis product, for rollout across all 42 of its skilled nursing facilities (SNFs) in Texas.
ScienceSoft Raises the Bar for AI Voice Scheduling in Healthcare
ScienceSoft has introduced a HIPAA-compliant AI scheduling assistant that enables natural, human-like conversations with patients. Built on the first-ever integration of Amazon’s Nova Sonic speech-to-speech model and the LiveKit Media Server, the assistant supports real-time voice interaction and seamless data exchange with hospital systems.
John Snow Labs Launches Martlet.ai, Setting New Standards for Risk Adjustment with Healthcare Large Language Models
John Snow Labs, the AI for healthcare company, announced the launch of Martlet.ai, a healthcare AI company focused on redefining how payers and providers approach Hierarchical Condition Category (HCC) Coding. Founded by engineers and payment experts from John Snow Labs, this is the first of several planned spinoff companies that will address specific, high-impact, healthcare industry challenges with AI.
Suki Becomes First to Integrate Ambient AI with MEDITECH Expanse Documentation APIs
Suki, a company in artificial intelligence (AI) technology for healthcare, announced its expanded integration with MEDITECH, a trusted EHR platform transforming healthcare that offers one of the leading electronic health record (EHR) systems. This integration enables Suki to be the first to generate and send ambiently generated clinical notes directly into MEDITECH’s Expanse EHR, making the product easier to use for clinicians. Suki Assistant seamlessly combines ambient clinical documentation with AI dictation, alleviating some of the time-consuming administrative tasks associated with clinical practice that are burdening clinicians.
Ambience Healthcare’s “Patient Recap” Offers Clinicians the First Chart Summarization Technology from an Ambient AI Platform
Ambience Healthcare, a compliant, specialty-specific, and coding-aware ambient AI technology company, announced the successful launch of Patient Recap at St. Luke’s Health System in Idaho. This groundbreaking feature makes Ambience the first and only AI documentation and coding platform to deliver comprehensive pre-visit chart summaries, fundamentally expanding the role of ambient AI from post-encounter documentation to complete clinical workflow optimization.
City of Hope Leads AI-Powered Health Care Innovations and Launches Generative AI Tool to Save Lives and Enable Nationwide Best-in-Class Cancer Care
City of Hope®, one of the largest and most advanced cancer research and treatment organizations in the United States with its National Medical Center named a Top 5 “Best Hospital” in the nation for cancer care by U.S. News & World Report, is using generative artificial intelligence to create operational efficiency, enable AI-driven patient personalization, improve access to clinical trials and empower breakthrough research.
FinThrive Introduces FinThrive Fusion: A First-of-its-Kind RCM Data Intelligence Platform, Transforming How Healthcare Providers Manage and Optimize Revenue
FinThrive, Inc., a healthcare revenue management software-as-a-service (SaaS) provider, announced the launch of FinThrive Fusion™, the first dynamic intelligence platform purpose-built on a modernized data fabric to power the future of revenue cycle management (RCM) innovation. FinThrive Fusion delivers seamless data interoperability, intelligent automation, and scalable AI across the entire revenue cycle, designed to overcome the fragmentation of traditional revenue cycle tools.
RadiantGraph Launches AI Voice Studio – HIPAA-Compliant AI Voice Agents that Personalize and Scale Healthcare Engagement
RadiantGraph, the AI-powered platform for personalized healthcare engagement, has unveiled AI Voice Studio, a new capability in its Intelligent Personalization™ platform that leverages HIPAA-compliant AI voice agents to help health plans and digital health organizations scale their member outreach and engagement.