Latest news with #ScribbleSuite
Business Upturn
3 days ago
- Business
- Business Upturn
IKS Health expands partnership with Western Washington Medical Group, invests in new management services organization
IKS Health has announced a strategic expansion of its partnership with Western Washington Medical Group (WWMG), a leading independent multispecialty healthcare provider in Washington State, USA. As part of this collaboration, IKS Health will make a significant investment in a newly established Management Services Organization (MSO) that will oversee all non-clinical operations for WWMG. The MSO will manage functions such as revenue cycle management, clinical documentation, HR, IT, and finance, while WWMG will retain control over all clinical operations. Advertisement The partnership aims to improve WWMG's performance across fee-for-service and value-based care models by reducing operational friction and enhancing financial sustainability and patient outcomes. WWMG will gain access to IKS Health's AI-enabled Care Enablement Platform, including advanced revenue cycle management tools, the Scribble Suite's ambient scribing solution, and a patient engagement hub designed to reduce no-shows and improve care communication. The investment will also help WWMG expand its physician base and primary care capacity. IKS Health CFO Nithya Balasubramanian said the investment reflects the company's strong conviction in the long-term potential of this partnership. CEO Sachin K. Gupta called the move a pivotal step in IKS Health's journey to lead strategic healthcare transformation. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
National Post
3 days ago
- Business
- National Post
IKS Health Announces Transformational Partnership with Western Washington Medical Group through Strategic Investment in Managed Service Organization
Article content DALLAS — IKS Health, a global leader in care enablement solutions supporting clinicians, staff and patients throughout the care journey, is pleased to announce a transformative expansion of its partnership with Western Washington Medical Group (WWMG), a leading independent multispecialty healthcare organization in Washington state. Article content IKS Health will make a strategic investment in a newly established management services organization (MSO) that will oversee all nonclinical operations of WWMG, including revenue cycle management, clinical documentation, HR, IT and finance. The clinical operations will continue to reside within WWMG, allowing for a clear separation of clinical and administrative functions. Article content Article content As part of this expanded partnership, IKS Health will support WWMG through the newly formed MSO, helping the medical group improve performance across both fee-for-service and value-based care models. By addressing key administrative and operational functions, IKS will position WWMG to better manage risk-based populations, reduce friction in care delivery and improve financial sustainability and patient outcomes. Article content This support will be powered by IKS Health's comprehensive, AI-enabled care enablement platform. WWMG will gain access to advanced revenue cycle management, clinical documentation through the Scribble Suite's ambient scribing solution and a patient engagement hub driven by a patent-pending AI algorithm that predicts and reduces no-shows while improving communication across the care journey. Additional services include chart reviews, document management and care coordination. Article content 'Our work with IKS Health has resulted in streamlined operations and increased efficiencies, leading us to expand our partnership and further position us for growth and, most importantly, for providing excellent patient care,' said David Russian, M.D., CEO of Western Washington Medical Group. 'This strategic partnership with IKS Health will create transformational value for WWMG with a self-sustaining model for independent medicine that benefits all stakeholders — clinicians, patients and the communities that we serve.' Article content 'Our initial investment of substantial capital into the MSO reflects our strong conviction in the long-term potential of this partnership,' said Joe Benardello, co-founder and chief growth officer at IKS Health. 'The investment will be used to grow WWMG's physician base and expand its primary care capacity. When combined with the operational efficiencies driven by the IKS Health platform, it lays the foundation for scalable and sustainable growth.' Article content 'This partnership marks a pivotal step in IKS's journey to lead the strategic transformation of healthcare,' said Sachin K. Gupta, founder and CEO of IKS Health. 'It moves us meaningfully up the value chain, well beyond commoditized point solutions, and creates a scalable and replicable path to growth. By enabling a sustainable model for physician aggregation that delivers on the quadruple aim, we're not only unlocking two powerful pools of economic value (revenue from the IKS platform and long term value from the MSO growth) — we're also deepening the moat around our Care Enablement Platform and reinforcing our long-term relevance in an increasingly dynamic healthcare landscape.' Article content About Western Washington Medical Group Article content Western Washington Medical Group (WWMG) is a team of over 100 providers in 20+ specialty areas serving patients and their families in the north Puget Sound region of Washington State. Their providers are owners of the company, and they live and work in the communities that they serve. For over 30 years, it's been WWMG's mission to provide clinicians the freedom to practice medicine with compassion, in the best interest of their patients and community. Learn more at Article content About IKS Health Article content IKS Health takes on the chores of healthcare — spanning administrative, clinical, and operational burdens — so that clinicians can focus on their core purpose: delivering great care. Combining pragmatic technology and dedicated experts, IKS Health enables stronger, financially sustainable enterprises. IKS Health's Care Enablement Platform delivers data-driven value and expertise across the care journey, and IKS Health is a partner for clinician enterprises looking to effectively scale, improve quality, and achieve cost savings through forward-thinking solutions. Founded in 2006, IKS Health's global workforce supports large health systems across the United States. For more information on IKS Health and its solutions, please visit Article content Article content Article content Article content Article content Article content
Yahoo
3 days ago
- Business
- Yahoo
IKS Health Announces Transformational Partnership with Western Washington Medical Group through Strategic Investment in Managed Service Organization
DALLAS, July 01, 2025--(BUSINESS WIRE)--IKS Health, a global leader in care enablement solutions supporting clinicians, staff and patients throughout the care journey, is pleased to announce a transformative expansion of its partnership with Western Washington Medical Group (WWMG), a leading independent multispecialty healthcare organization in Washington state. IKS Health will make a strategic investment in a newly established management services organization (MSO) that will oversee all nonclinical operations of WWMG, including revenue cycle management, clinical documentation, HR, IT and finance. The clinical operations will continue to reside within WWMG, allowing for a clear separation of clinical and administrative functions. As part of this expanded partnership, IKS Health will support WWMG through the newly formed MSO, helping the medical group improve performance across both fee-for-service and value-based care models. By addressing key administrative and operational functions, IKS will position WWMG to better manage risk-based populations, reduce friction in care delivery and improve financial sustainability and patient outcomes. This support will be powered by IKS Health's comprehensive, AI-enabled care enablement platform. WWMG will gain access to advanced revenue cycle management, clinical documentation through the Scribble Suite's ambient scribing solution and a patient engagement hub driven by a patent-pending AI algorithm that predicts and reduces no-shows while improving communication across the care journey. Additional services include chart reviews, document management and care coordination. "Our work with IKS Health has resulted in streamlined operations and increased efficiencies, leading us to expand our partnership and further position us for growth and, most importantly, for providing excellent patient care," said David Russian, M.D., CEO of Western Washington Medical Group. "This strategic partnership with IKS Health will create transformational value for WWMG with a self-sustaining model for independent medicine that benefits all stakeholders — clinicians, patients and the communities that we serve." "Our initial investment of substantial capital into the MSO reflects our strong conviction in the long-term potential of this partnership," said Joe Benardello, co-founder and chief growth officer at IKS Health. "The investment will be used to grow WWMG's physician base and expand its primary care capacity. When combined with the operational efficiencies driven by the IKS Health platform, it lays the foundation for scalable and sustainable growth." "This partnership marks a pivotal step in IKS's journey to lead the strategic transformation of healthcare," said Sachin K. Gupta, founder and CEO of IKS Health. "It moves us meaningfully up the value chain, well beyond commoditized point solutions, and creates a scalable and replicable path to growth. By enabling a sustainable model for physician aggregation that delivers on the quadruple aim, we're not only unlocking two powerful pools of economic value (revenue from the IKS platform and long term value from the MSO growth) — we're also deepening the moat around our Care Enablement Platform and reinforcing our long-term relevance in an increasingly dynamic healthcare landscape." About Western Washington Medical Group Western Washington Medical Group (WWMG) is a team of over 100 providers in 20+ specialty areas serving patients and their families in the north Puget Sound region of Washington State. Their providers are owners of the company, and they live and work in the communities that they serve. For over 30 years, it's been WWMG's mission to provide clinicians the freedom to practice medicine with compassion, in the best interest of their patients and community. Learn more at About IKS Health IKS Health takes on the chores of healthcare — spanning administrative, clinical, and operational burdens — so that clinicians can focus on their core purpose: delivering great care. Combining pragmatic technology and dedicated experts, IKS Health enables stronger, financially sustainable enterprises. IKS Health's Care Enablement Platform delivers data-driven value and expertise across the care journey, and IKS Health is a partner for clinician enterprises looking to effectively scale, improve quality, and achieve cost savings through forward-thinking solutions. Founded in 2006, IKS Health's global workforce supports large health systems across the United States. For more information on IKS Health and its solutions, please visit Inventurus Knowledge Solutions Limited is listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE). {Scrip codes: NSE - IKS and BSE - 544309}. View source version on Contacts MEDIA CONTACT - IKS HEALTH Jill Gross, Director of Public Relationspress@
Business Wire
3 days ago
- Business
- Business Wire
IKS Health Announces Transformational Partnership with Western Washington Medical Group through Strategic Investment in Managed Service Organization
DALLAS--(BUSINESS WIRE)--IKS Health, a global leader in care enablement solutions supporting clinicians, staff and patients throughout the care journey, is pleased to announce a transformative expansion of its partnership with Western Washington Medical Group (WWMG), a leading independent multispecialty healthcare organization in Washington state. 'This strategic partnership with IKS Health will create transformational value for WWMG with a self-sustaining model for independent medicine benefitting clinicians, patients and the communities that we serve," David Russian, M.D., CEO of WWMG. IKS Health will make a strategic investment in a newly established management services organization (MSO) that will oversee all nonclinical operations of WWMG, including revenue cycle management, clinical documentation, HR, IT and finance. The clinical operations will continue to reside within WWMG, allowing for a clear separation of clinical and administrative functions. As part of this expanded partnership, IKS Health will support WWMG through the newly formed MSO, helping the medical group improve performance across both fee-for-service and value-based care models. By addressing key administrative and operational functions, IKS will position WWMG to better manage risk-based populations, reduce friction in care delivery and improve financial sustainability and patient outcomes. This support will be powered by IKS Health's comprehensive, AI-enabled care enablement platform. WWMG will gain access to advanced revenue cycle management, clinical documentation through the Scribble Suite's ambient scribing solution and a patient engagement hub driven by a patent-pending AI algorithm that predicts and reduces no-shows while improving communication across the care journey. Additional services include chart reviews, document management and care coordination. 'Our work with IKS Health has resulted in streamlined operations and increased efficiencies, leading us to expand our partnership and further position us for growth and, most importantly, for providing excellent patient care,' said David Russian, M.D., CEO of Western Washington Medical Group. 'This strategic partnership with IKS Health will create transformational value for WWMG with a self-sustaining model for independent medicine that benefits all stakeholders — clinicians, patients and the communities that we serve.' 'Our initial investment of substantial capital into the MSO reflects our strong conviction in the long-term potential of this partnership,' said Joe Benardello, co-founder and chief growth officer at IKS Health. 'The investment will be used to grow WWMG's physician base and expand its primary care capacity. When combined with the operational efficiencies driven by the IKS Health platform, it lays the foundation for scalable and sustainable growth.' 'This partnership marks a pivotal step in IKS's journey to lead the strategic transformation of healthcare,' said Sachin K. Gupta, founder and CEO of IKS Health. 'It moves us meaningfully up the value chain, well beyond commoditized point solutions, and creates a scalable and replicable path to growth. By enabling a sustainable model for physician aggregation that delivers on the quadruple aim, we're not only unlocking two powerful pools of economic value (revenue from the IKS platform and long term value from the MSO growth) — we're also deepening the moat around our Care Enablement Platform and reinforcing our long-term relevance in an increasingly dynamic healthcare landscape.' About Western Washington Medical Group Western Washington Medical Group (WWMG) is a team of over 100 providers in 20+ specialty areas serving patients and their families in the north Puget Sound region of Washington State. Their providers are owners of the company, and they live and work in the communities that they serve. For over 30 years, it's been WWMG's mission to provide clinicians the freedom to practice medicine with compassion, in the best interest of their patients and community. Learn more at About IKS Health IKS Health takes on the chores of healthcare — spanning administrative, clinical, and operational burdens — so that clinicians can focus on their core purpose: delivering great care. Combining pragmatic technology and dedicated experts, IKS Health enables stronger, financially sustainable enterprises. IKS Health's Care Enablement Platform delivers data-driven value and expertise across the care journey, and IKS Health is a partner for clinician enterprises looking to effectively scale, improve quality, and achieve cost savings through forward-thinking solutions. Founded in 2006, IKS Health's global workforce supports large health systems across the United States. For more information on IKS Health and its solutions, please visit Inventurus Knowledge Solutions Limited is listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE). {Scrip codes: NSE - IKS and BSE - 544309}.
Yahoo
13-02-2025
- Business
- Yahoo
IKS Health Launches Scribble Now at ViVE 2025
New AI Offering Creates Industry's Most Comprehensive Clinical Documentation Suite that Fits Any Workflow DALLAS, February 13, 2025--(BUSINESS WIRE)--IKS Health, a global leader in care enablement solutions, proudly announces the launch of Scribble Now, the latest addition to the IKS Health Scribble Suite, at ViVE 2025, February 16-19. This real-time documentation solution completes the industry's most comprehensive AI clinical documentation suite, empowering clinicians to create accurate notes during patient encounters while focusing on delivering exceptional care. IKS Health executives will be showcasing the Scribble Suite in ViVE's first-ever AI Pavilion at Booth 739. With Scribble Now, IKS Health combines automated speech recognition (ASR) and Generative AI (GenAI) to enable clinicians to focus on patient care while documenting in real time, reducing after-hours workload and enhancing overall efficiency. Scribble Now's GenAI prompting is continuously refined with clinician feedback while improving accuracy and addressing common challenges. Combining the power of HIPAA-compliant technology with physician expertise ensures that documentation is precise, contextually accurate, and reliable. "Scribble Now and our other Suite solutions integrate our custom-built innovative AI capabilities with the feedback and knowledge of clinicians to create and improve flexible workflows while reducing administrative, clinical, and operational burdens," said Ben Crocker, MD, Senior Vice President of Care Design and Innovation. "This smart solution ensures we deliver accurate documentation in a timely manner, ultimately improving both care delivery and outcomes." The IKS Scribble Suite offers five flexible solutions to meet the specific needs of healthcare organizations: Scribble Now: Real-time documentation powered by ASR and GenAI, enabling clinicians to complete accurate notes during patient encounters, enhancing efficiency and reducing burnout. Scribble Swift: Delivers problem-based charting within one hour, integrating GenAI with human scribes for rapid and validated documentation. Scribble Pro: Provides EHR-integrated notes within four hours, with comprehensive reconciliation by clinician-scribes and E&M coding. Scribble Transcribe: High-quality and award-winning transcription services enhanced by ASR and human editing, ensuring accuracy and secure integration into the EHR. Scribble Live: Dedicated virtual scribes offering full workflow support, including pre-charting and inbox management, to eliminate administrative burdens. "Offering Scribble Pro [part of the Scribble Suite] has been one of the best decisions we have made to help support our providers, limit burnout, and to impact productivity, all resulting in excellent provider retention and recruitment," said Patrick McSweeney, MD, President of Milford Regional Physician Group. "Satisfaction with the product and team is quite high, and time saved is a huge win. The AI addition with Pro has made the cost much more manageable for the long term." IKS Health recently announced that Scribble Transcribe won the No. 1 spot as the 2025 Best in KLAS provider for the 7th straight year for medical transcription services. The Scribble Suite exemplifies IKS Health's commitment to advancing clinician well-being, improving patient outcomes, and ensuring financial sustainability for healthcare organizations. "The Scribble Suite is one of the many ways our solutions use AI and human-in-the-loop technology to pragmatically address healthcare's challenges across the patient journey," said Sri Madabushi, Executive Vice President and General Manager, Value-based Care, at IKS Health. "We've created a robust ecosystem that adapts to clinicians' unique workflows and preferences, ensuring accuracy, efficiency, and better care outcomes, whether you're in volume or value arrangements." For more information about the IKS Health Scribble Suite, visit IKS Health. About IKS Health IKS Health takes on the chores of healthcare—spanning administrative, clinical, and operational burdens—so that clinicians can focus on their core purpose: delivering great care. Combining pragmatic technology and dedicated experts, IKS Health enables stronger, financially sustainable enterprises. IKS Health's Care Enablement Platform delivers data-driven value and expertise across the care journey, and IKS Health is a partner for clinician enterprises looking to effectively scale, improve quality, and achieve cost savings through forward-thinking solutions. Founded in 2006, IKS Health's global workforce supports large health systems across the United States. For more information on IKS Health and its solutions, please visit Inventurus Knowledge Solutions Limited was listed on National Stock Exchange of India Limited (NSE) and BSE Limited (Bombay Stock Exchange) on December 19, 2024. {Scrip codes: NSE - IKS and BSE - 544309} View source version on Contacts MEDIA CONTACT - IKS HEALTH Jill Gross, Director of Public Relations and Communicationspress@ Sign in to access your portfolio
