Shadow AI is Creeping Into Hospitals, VA Modernization Stalls, and Funding Flows
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Healthcare organizations are increasingly adopting artificial intelligence tools without formal approval, alongside ongoing challenges in modernizing critical systems.
- A recent survey reveals widespread use of unsanctioned AI tools within hospitals and health systems.
- The Department of Veterans Affairs continues to grapple with significant hurdles in its electronic health record modernization efforts.
- Claim Health secured $4.4 million in seed funding to advance its AI-powered revenue cycle solutions for home-based care.
- Healthcare Triangle, Inc. is set to acquire Teyame AI for $50 million, expanding its reach in Europe and Latin America.
The use of unapproved, or “shadow,” AI tools is surprisingly common in healthcare, with many users turning to these technologies to streamline their daily workflows. This finding, from a recent health survey, highlights a growing trend of grassroots AI adoption within the industry.
VA EHR Modernization Faces Major Roadblocks
Modernizing the electronic health record (EHR) system at the Department of Veterans Affairs remains a substantial challenge. The VA Office of Inspector General’s latest annual report identifies EHR modernization as one of the department’s top five management and performance concerns.
Investment in Home-Based Care AI
Claim Health, a company specializing in AI-driven revenue cycle solutions for the home-based care sector, has successfully raised $4.4 million in seed funding. This investment will fuel the company’s growth and further development of its innovative platform.
Healthcare Triangle Expands with Acquisition
Healthcare technology services provider Healthcare Triangle, Inc. has entered into a definitive agreement to acquire Spain-based Teyame AI. The acquisition, valued at $50 million, is projected to generate $38 million in incremental next twelve month (NTM) revenue and $5 million in incremental NTM EBITDA, while also bolstering Healthcare Triangle’s software-as-a-service (SaaS) presence in Europe and Latin America.
