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
Ergotron Announces Four New CareFit Combo Compact Models with 20% Smaller Worksurface and Keyboard Tray
Ergotron, a leading producer of ergonomic healthcare workspace technology solutions, has introduced four new models to its CareFit Combo portfolio. The modular wall workstation collection is designed to support caregiver and patient connections, and the new CareFit Combo models with compact worksurface and keyboard trays allow nurses to focus on patient care by enabling an efficient and comfortable documentation experience at the point of care with easy screensharing, one-hand stowing, and intuitive access to tools.
Gluware Extends Its Automation Platform Beyond the Network to Connected Medical Devices
Gluware, Inc., the intelligent automation company, announced Gluware IoMT Exposure Management, bringing its proven automation platform to the Internet of Medical Things (IoMT) — the infusion pumps, imaging systems, patient monitors, and clinical workstations at the center of care delivery.
Mentavi Health Introduces EverHealth Scribe to Support Clinical Documentation
Mentavi Health, a digital mental health care company offering diagnostic evaluations for ages 6 and up and treatment services for adults (18+), announced the launch of EverCommerce’s (Nasdaq: EVCM) EverHealth Scribe, designed to reduce administrative burden and support more consistent clinical relationships.
Relatient Expands Intelligent Scheduling to Behavioral Health, Helping Organizations Scale Patient Access for High Demand
Relatient, the leading patient scheduling platform, has expanded its self-scheduling and call center scheduling tools to uniquely serve the needs of behavioral health providers.
SimplePractice Enhances Insurance Workflows for Independent Practice
SimplePractice, the leading platform powering independent mental health practitioners, announced its enhanced insurance solutions: Insurance Essentials, a comprehensive suite of billing tools now included in every SimplePractice plan, and Insurance Navigator, an optional add-on that combines smart billing tools with direct access to insurance experts.
Telehealth Product News
August AI Launches August Care, a $39-a-Month Membership That Brings Doctors, Labs, Prescriptions, and Insurance Assistance Together, Creating One Continuous Health Experience
August AI, the AI health companion used by more than nine million people across 160 countries, introduced August Care, a $39-a-month healthcare membership designed to give people a centralized place to manage their everyday healthcare needs.
AI Product News
Aiva Leverages ChatGPT for Healthcare, Claude for Healthcare and Gemini Enterprise to Control 40+ Hospital IT Systems
Aiva Health, the leader in voice-powered agents for hospitals, announced a major update to its AI nursing assistant. Health systems can now use ChatGPT for Healthcare, Claude for Healthcare and Gemini Enterprise as a single voice interface to the tools their clinicians use every day, such as tasks including documentation, work orders, policies and procedures and Smart Patient Room requests.
AKASA Launches First Autonomous AI Platform for Coding and Documentation
AKASA, a leader in generative AI for the healthcare revenue cycle, announced the launch of its autonomous AI platform for the mid-cycle, expanding from AI-powered prebill review into autonomy for both inpatient medical coding and clinical documentation integrity (CDI).
athenahealth Uses Connected Data and AI to Surface What Matters in Value-Based Care
athenahealth announced new AI-native capabilities in athenaOne®, designed to help healthcare organizations succeed in value-based care (VBC). By combining AI with one of healthcare’s most connected data networks in a single, unified platform, athenaOne helps organizations identify and address opportunities across the patient journey and make faster, more informed decisions.
BreachRx Launches AI Tabletops on Demand Powered by Rex AI to Turn Offensive AI Threats into Response Exercises in Minutes
BreachRx, the leader in cyber incident response management (CIRM), announced the launch of AI Tabletops on Demand, powered by Rex AI. The offering is a new agentic AI solution that transforms traditional tabletop exercises from periodic compliance events into continuous readiness practice.
CharmHealth Introduces Ria, AI Solutions Advisor, to Speed Up Health IT Evaluation for Provider Organizations
CharmHealth, a leader in healthcare technology solutions for providers, announced Ria, CharmHealth’s AI solutions advisor designed to help prospective buyers evaluate software with speed and directness. By walking visitors through everything from pricing to billing and setup based on the questions she is asked, Ria makes it simple to evaluate CharmHealth’s entire product suite on their own schedule. This is part of an industrywide trend making the discovery and purchase decision easier on providers.
Clarest Health Launches Clarest Path, Bringing Clinically Trained AI to Medication Management at Scale
Clarest Health, a leader in personalized medication management, announced the launch of the next generation of Clarest Path. This full-service medication intelligence platform combines an integrated data layer with a predictive intervention engine.
Elsevier launches ClinicalKey Nursing AI, a new evidenced-based clinical AI solution built specifically for nurses
Elsevier announced the global launch of ClinicalKey Nursing AI, the clinical AI tool built specifically for nurses and designed to support both point of care decision-making and professional growth across the nursing career journey.
Penguin Ai Launches Intelligent RCM, Bringing Its AI Workforce to the Revenue Cycle
Penguin Ai, the company building an AI workforce for healthcare administration, announced the launch of Intelligent RCM, an AI workforce built for revenue cycle teams to reduce denials, recover underpayments, and shorten the time from care delivered to payment received.
Strata Launches Financial Decision Intelligence for Healthcare Finance
Strata Decision Technology announced the launch of Financial Decision Intelligence, a new AI-powered solution built directly into the StrataJazz® platform. The solution introduces Command Center and Ask Strata, two connected experiences that combine proactive financial insights with conversational analysis using the trusted data and financial logic already established within Strata.