Cloud Migration, AI-Enhanced EHRs & $125M Mental Health Startup

Hey Health IT Heroes,

Welcome to our Today’s Weekly Roundup – your one-stop shop for all things healthcare tech and a sprinkle of fun!

We're here to give you the lowdown on what's been buzzing in the digital health world this week and why it's got everyone talking.

1. Exploring the Migration of Existing Healthcare Systems and Applications to the Cloud: This week, we delve into the hot topic of migrating healthcare systems to the cloud. We gathered insights from the Healthcare IT Today community, covering essential tips such as optimizing legacy systems before migration and ensuring scalability and flexibility in the cloud environment.
   
   

2. The Evolution of Suki’s Ambient Clinical Voice Solution: Our interview with Suki CEO Punit Soni sheds light on the rapid evolution of ambient clinical voice technology. We explore Suki's role as a voice assistant and its integration with Electronic Health Records (EHRs), highlighting its transformative potential in clinical documentation.

   
   

3. Addressing Social Determinants of Mental Health: Mental health and Social Determinants of Health (SDoH) are closely intertwined. We spoke with Malekeh Amini from Trayt Health about the importance of coordinating mental health resources to tackle underlying social challenges such as food insecurity and unemployment.

   
   

4. Practical Application of AI by eClinicalWorks: Reporting from the eClinicalWorks national conference, we discuss the practical applications of AI in healthcare. Customers are excited about AI's potential to manage tasks like inbound faxes and robotic process automation, streamlining workflows and enhancing efficiency.
   
   

5. Enhancing EHR Functionality with AI: Our conversation with Suhas Uliyar from Oracle Health explores the integration of AI tools into Electronic Health Records (EHRs). These tools go beyond visit summaries, assisting healthcare providers with follow-up tasks such as medication orders and scheduling, ultimately improving patient care.

   In addition to our articles, we bring you updates on funding and M&A activity in the sector:
   

   • Mental health startup Headway secured $125 million in Series C funding, reaching a valuation of $1 billion.

   • RCM vendor Alpha II acquired RCxRules, a revenue cycle automation specialist.

   • Pediatric autism services provider Cortica concluded a $40 million Series D extension.

   • Remote monitoring and RCM vendor Athelas merged with Commure, a leading enterprise healthcare software provider.
     

6. Funding and M&A Activity:

   • WellSky acquires Experience Care.

   • TeleVox acquires Odeza Patient Engagement.

   • Integral secures a $6.9 million Seed funding round.

   • Bonfire Analytics closes a Pre-Seed funding round.

So, buckle up and enjoy the ride through the wild world of healthcare tech!

Thanks for joining us, and remember to keep those innovation engines revving. Until next time, stay curious and keep saving lives! 💪