News

Emergence of Caring Algorithms

Posted in Client News Coverage on Tuesday, June 17, 2025.

Trust is critical in healthcare, not only trust between patients and providers but also trust in the health information used to make clinical decisions. Health information must be accurate, reliable, and complete. Unfortunately, data is inherently dirty. AHIMA estimates that 5-10% of patient records are duplicates, and some hospitals report duplicate rates as high as 22%. Meanwhile, one study found that 50% of patient notes are duplicated.

Even the most advanced AI-enabled automation technologies can’t fully resolve incorrect or incomplete duplicate patient records and other integrity issues. Matching algorithms can reduce human error, enhance care quality, and minimize the risk of misidentification, misdiagnoses, and improper or duplicative treatment. However, today’s EHRs lack sufficiently advanced matching algorithms, as their effectiveness depends on the underlying technology platform.

Health IT Answers»

The Perfect Storm: Surging Audits, Clawbacks, and the Future of Healthcare Revenue Integrity

Posted in Client News Coverage on Monday, June 16, 2025.

Healthcare finance executives face an intensifying storm of audits, denials, and clawbacks that threaten their organization’s financial stability. Couple that with an environment of heightened regulatory and payer scrutiny, and it becomes clear that proactive risk monitoring and AI-driven compliance strategies are no longer optional—they are imperative.

Health IT Answers»

NeuroEM Therapeutics Closes Initial Rounds in $5 Million Equity Raise to Commercialize Drug-free Alzheimer’s Treatment

Posted in Client News Coverage on Friday, June 13, 2025.

NeuroEM Therapeutics, an award-winning clinical-stage biotechnology research company pioneering the use of radio frequencies to reverse Alzheimer’s disease, has closed initial rounds totaling $1.33 million of a $5 million equity raise with BlueLake.vc.

The Series A round supports continued progress toward commercialization of NeuroEM’s Transcranial Electromagnetic Treatment (TEMT-RF) to prevent and treat cognitive decline caused by aging or Alzheimer’s and other neurodegenerative diseases.

Electronic Health Reporter»

NeuroEM Therapeutics Secures $1.33 Million in Series A Funding to Advance Drug-Free Alzheimer's Treatment

Posted in Client News Coverage on Friday, June 13, 2025.

NeuroEM Therapeutics company, a clinical-stage biotechnology company pioneering radio frequency-based treatments for Alzheimer's disease, has secured $1.33 million in initial funding rounds as part of a larger $5 million Series A equity raise with BlueLake.vc. The investment will accelerate the commercialization of the company's Transcranial Electromagnetic Treatment (TEMT-RF) drug technology, a drug-free approach to preventing and treating cognitive decline disease.

MedPath»

Tampa’s NeuroEM raises $1.3M to commercialize Alzheimer’s-fighting device

Posted in Client News Coverage on Friday, June 13, 2025.

Tampa-based NeuroEM Therapeutics has closed $1.33 million in early rounds of a $5million Series A raise, led by Blue Lake Ventures, to fund the commercialization of its non-invasive brain health device that targets Alzheimer’s and cognitive decline.

Tampa Bay Business Journal»

AGS Health® CEO Patrice Wolfe Named one of the Becker’s Healthcare “Top Women to Know in Health IT”

Posted in Press Releases on Wednesday, June 11, 2025.

WASHINGTON, D.C. – June 11, 2025 – AGS Health® CEO Patrice Wolfe has been named to the Becker’s Hospital Review list of “Women in Health IT to Know” in 2025. The annual list recognizes women who are harnessing the power of health IT to help shape the future of the healthcare industry.

Wolfe has been at the helm of AGS Health, a leading provider of tech-enabled revenue cycle management (RCM) solutions and a strategic growth partner to healthcare providers across the U.S., for nearly six years. During her tenure, the company has evolved into a market leader in technology-led RCM solutions, strengthening its capabilities through strategic acquisitions and the organic development of proprietary technologies.

AGS Health Expands into Mexico with Guadalajara Location Offering Clinical Administrative Services

Posted in Press Releases on Thursday, May 15, 2025.

WASHINGTON, D.C. – May 15, 2025 – AGS Health, a leading provider of tech-enabled revenue cycle management (RCM) solutions and a strategic growth partner to healthcare providers across the U.S., announced today its expansion into Mexico with the opening of an office in Guadalajara. Taking advantage of the region’s growing technology presence and a skilled medical, legal, and engineering workforce, AGS Health will hire more than 150 team members to provide Clinical Administrative Services from the new location.

Staying Ahead of the Curve: Proactive Compliance Strategies in a Shifting Regulatory Landscape

Posted in Client News Coverage on Wednesday, May 07, 2025.

In the shadow of escalating cyberthreats and intensifying regulatory scrutiny, compliance is no longer just a checkbox—it’s a war zone. Organizations today operate in an unforgiving environment where the cost of a data breach is measured not just in dollars but also in broken trust, lost contracts, and legal fallout.

From healthcare’s HIPAA Security Rule to the European Union’s General Data Protection Regulation (GDPR) to the US Department of Defense’s Cybersecurity Maturity Model Certification (CMMC) to SOC 2, PCI DSS, and other security standards, the rules are tightening, and the penalties are rising in response to surging breach rates. In 2023 alone, GDPR fines totaled more than €4.4 billion (approximately $4.92 billion), while large-scale HIPAA violation fines totaled nearly $9.2 million in 2024—a record-setting year which saw an increase of over 64% in breached healthcare records to nearly 278 million, impacting more than 81% of the U.S. population.

workflow»

Revolutionizing Healthcare with Artificial Intelligence

Posted in Client News Coverage on Monday, May 05, 2025.

The post "Revolutionizing Healthcare with Artificial Intelligence" discusses how AI is reshaping preventive care through insights from Shaji Nair, founder and CEO of Friska AI. The platform enhances collaboration between patients and physicians by integrating health data to personalize treatment plans, making healthcare more accessible and effective. As Friska AI continues to innovate, it stands out as a vital tool in the future of health management.

ActiveAction.fm»

AI for Preventive Care - with Shaji Nair | Epi.28

Posted in Client News Coverage on Monday, May 05, 2025.

In this episode, Dr. Nazif interviews Shaji Nair, the founder and CEO of Friska AI. Shaji shares his journey from a career in technology to developing Friska AI, an innovative platform that employs advanced artificial intelligence and mobile technology to assist with preventive healthcare. The discussion covers how Friska AI provides personalized meal plans, health alerts, and activity recommendations to both patients and physicians, helping to ensure continuous health management. Additionally, Shaji talks about the unique approaches and engines behind Friska AI, such as the Nutri AI engine and clinical decision engine, and the platform’s potential to democratize healthcare access at low or no cost.

Active Action Podcast»

AI in Clinical Settings: Balancing Innovation, Patient Care, and Personalized Medicine

Posted in Client News Coverage on Monday, May 05, 2025.

In a healthcare landscape dominated by rising chronic condition rates and associated costs, artificial intelligence (AI) has emerged as a powerful tool for physicians seeking to integrate aspects of lifestyle medicine and preventive care into their standard practice. Whether it’s used to enhance patient compliance, inform clinical decision-making, or provide remote monitoring and virtual care, AI helps providers better support the 60% of Americans managing at least one chronic condition — and the 40% managing two or more.

The rise of AI is particularly timely in this respect, as most chronic diseases can be effectively managed and, in some cases, prevented through behavioral and nutritional changes. However, doing so requires a level of patient education and monitoring that many providers don’t have, given the rising patient volumes and greater administrative burdens diverting time and other resources away from direct patient care.

MedCity News»

Solving Surging Audit and Denial Rates with Continuous Financial Risk Monitoring

Posted in Client News Coverage on Thursday, April 24, 2025.

Denials, at-risk dollars, and external audits – including pre-payment audits – skyrocketed in 2024 and show no signs of slowing in 2025.

If anything, fraud abatement efforts at the federal level have intensified these revenue cycle challenges, with the Department of Government Efficiency (DOGE) joining the Centers for Medicare and Medicaid Services (CMS) in a commitment to identify and claw back improper reimbursements to both healthcare providers and insurance companies.

For healthcare finance leaders, the current revenue and reimbursement landscape necessitates a new approach to revenue cycle management (RCM), one that eliminates silos between compliance and finance and transforms RCM by emphasizing continuous risk monitoring. This includes transforming payer audit workflows by automating and accelerating manual tasks and leveraging AI to analyze and democratize data to eliminate systemic and other issues contributing to audit failures and missed deadlines.

The Cloud Awards»

MDaudit Wins 2025 FinTech Award for Healthcare Financial Solutions

Posted in Press Releases on Wednesday, April 23, 2025.

Judges highlighted the AI-powered revenue cycle management (RCM) platform's ability to reduce denials and the associated revenue leakage while maintaining billing compliance and enhancing operational efficiency.

Wellesley, MA — April 23, 2025 — MDaudit, an award-winning cloud-based continuous risk monitoring platform for RCM that enables the nation’s premier healthcare organizations to minimize billing risks and maximize revenues, has been named a winner in The 2025 FinTech Awards program. The company earned top honors in the healthcare and pharmaceutical category for its AI-powered platform, which features innovative tools like AI Assist and Smartscan.ai to help healthcare organizations fight for every dollar of reimbursement they are owed.

Friska.AI - Creating an AI-Driven healthcare platform for patients from doctors - the ultimate preventative tool

Posted in Client News Coverage on Tuesday, April 22, 2025.

Shaji Nair, the CEO & Founder of Friska.AI that provides an innovative healthcare platform leveraging advanced artificial intelligence (AI) and mobile technology to empower individuals to partner with their physicians to take control of their health journey joins eHealth Radio and the Health Care and Technology Channels.

EHealth Radio»

Underpayments: Causes, Implications, and Recovery

Posted in Client News Coverage on Thursday, April 17, 2025.

From large acute systems to ambulatory practices, healthcare organizations are plagued by an often-overlooked but significant revenue challenge: underpayments.

Occurring when payors fail to reimburse the full eligible amount for healthcare services provided, underpayments are a multifaceted issue requiring a combination of resources, expertise, technology, and collaboration between healthcare organizations and payors to resolve. By proactively identifying and addressing underpayments, healthcare provider organizations can protect their financial health and ensure fair reimbursement for the critical services they provide to patients.

BC Advantage»