The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the… Read More »Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
Michael D. Robinson Vice President, Healthcare North America at VMware In the turmoil of one of the hardest years the healthcare industry has experienced, many healthcare organizations innovated nearly overnight, transforming bedside tablets into virtual care providers and parking garages into field hospitals. Through the… Read More »Why the Digital-First, Patient-Centered Care is Critical to Healthcare
Peter Nelson, VP & General Manager, Global Alliances at GHX There’s an old adage that every challenge is merely an opportunity in disguise. COVID-19 highlighted the healthcare industry’s ongoing challenge with producing clean, standardized data. As the industry looks to rebound from the severe financial… Read More »Boost Operational, Clinical and Financial Performance with Good Data
By MERLE BUSHKIN I recently asked my Primary Care Physician’s Medical Records Department for copies of my records covering the last eight months during which I had four office visits, five blood draws, and nine brief email exchanges. I should add that my PCP uses… Read More »The Drive To Standardize Records: Progress or Chaos?
What You Should Know: – Ro, the healthcare technology company, today announced it has raised $500 million in Series D fundraising round led by existing investors General Catalyst, FirstMark Capital and TQ Ventures, with significant participation from existing investors SignalFire, Torch and BoxGroup as well… Read More »Ro Nabs $500M to Strengthen Vertically Integrated Primary Care Platform
What You Should Know: – Small community hospitals (1–200 beds) leaders cite MEDITECH Expanse Acute Care EMR as a leader in delivering the most consistent customer experience, according to a new KLAS report. The KLAS report reveals that while Epic and Cerner EMRs leads in… Read More »MEDITECH Expanse Leads Customer Satisfaction for Small Community Hospitals, KLAS Report Finds
Wellstar Health System, one of Georgia’s largest and most integrated healthcare systems, and Sharecare, the digital health company that helps people manage all their health in one place, announced a strategic partnership to collaborate on unique, market-leading innovations in personalized care delivery, population health, and… Read More »Wellstar Invests $10M to Become First Sharecare-Enabled Health System
By HANS DUVEFELT I love cars and dislike computers. My car takes me where I need to go, but it also gives me pleasure along the way. I have had it for just about ten years now and I have driven it almost 300,000 miles.… Read More »Driverless Cars or Keyboardless EMRs? Which Do We Need Most?
Addressing the missing link in value-based care: Timely, contextualized data in the workflow [Sponsored]
In an interview, Holon Solutions CEO Jon Zimmerman shared some insights on his 40-year career and how his experience aided the development of Holon’s approach to precision information delivery.
What You Should Know: – MEDFAR Clinical Solutions, a Montreal-based Electronic Medical Record (EMR) provider in Canada, announced today a minority investment of nearly $25 million led by Walter Capital Partners. – MEDFAR’s cloud-based EMR solutions, MYLE and PLEXIA, are built with physicians in mind. MEDFAR R&D is… Read More »Canadian-Based EMR MEDFAR Raises $25M to Expand Into North America
What You Should Know: – Epic was named the top Overall Software Suite for the eleventh consecutive year in the Best in KLAS 2021 Software & Services report, released today, which reports on the top vendors for 2020. Epic was also named the top Overall Physician Practice Vendor. Galen… Read More »Epic, Galen Healthcare, Chartis Group Named 2020 Overall Best in KLAS Awards
What You Should Know: – New CHIME-KLAS interoperability report reveals steady progress in some areas related to interoperability and leaps forward in others. – A total of 67% of provider organizations reported they often or nearly always had access to needed records in 2020, up… Read More »CHIME-KLAS Report Reveals 10 Key EMR Interoperability Trends
Intelligent Automation of the Revenue Cycle: How an Integrated Platform Approach Yields Financial Results
Sean Barrett, Senior Vice President, Product and Digital Transformation, R1 RCM Healthcare provider networks are experiencing enormous pressure to manage financial margins and invest in contactless patient experiences. With overall financial losses projected to exceed $323 billion as a result of COVID-19, a projected $200… Read More »Intelligent Automation of the Revenue Cycle: How an Integrated Platform Approach Yields Financial Results
Brian Platz, Co-CEO and Co-Chairman of Fluree Interoperability is a big discussion in health care, with new regulations requiring interoperability for patient data. Most approaches follow the typical RESTful API approach that has become the standard method for data exchange. Yet Health Level Seven (HL7),… Read More »Traditional RESTful APIs Will Not Solve Healthcare’s Biggest Interoperability Problems
Assaf Halevy, Founder and CEO of 2bPrecise Electronic medical records (EMRs) are widely expected to serve as a cornerstone technology that drives the delivery of modern patient care. But can the EMR alone support all the informatics capabilities required by an ever-evolving healthcare industry? The… Read More »Meaningful Use of Genomics Requires Informatics Beyond EMRs
Adam Sabloff, Founder and CEO of VirtualHealth As we re-examine the healthcare system in the wake of the pandemic, we are continually identifying opportunities to rebuild parts of the system to new and improved specifications. One critical facet is digital health, where we continue to… Read More »How to Capitalize on Digital Health Momentum in 2021
When we talk about artificial intelligence, the truth is most physicians aren’t using it.What we need now is for developers and tech executives to stop designing theoretical solutions, and instead place physicians, patients, and specific clinical needs at the center of their solutions.
Courtney Tesvich, VP of Regulatory at Nextech When 2020 began, no one anticipated that complying with the Merit-based Incentive Payment System (MIPS)—the flagship payment model of the Centers for Medicare & Medicaid Services (CMS) Quality Payment Program (QPP)—would look so different halfway through the year.… Read More »Despite COVID-19: Providers Should Not Lose Sight of MIPS Compliance
What You Should Know: – Imprivata acquires FairWarning Technologies, a provider of patient privacy intelligence. – The combined solutions will offer healthcare a single Digital Identity platform that integrates role-based access controls, identity governance, and data privacy compliance. Imprivata®, the digital identity company for healthcare, today… Read More »M&A: Imprivata Acquires Patient Privacy Intelligence Company FairWarning
What You Should Know: – New KLAS report finds acute and ambulatory care EMR vendors Cerner, Epic and NextGen are best at making outside patient data usable for clinicians (data from outside the clinician’s health system). – KLAS report examines adoption and usability among advanced… Read More »KLAS: Epic, NextGen, Cerner Best at Making Outside Patient Data Usable
What You Should Know: – Despite pressure to take an Epic-first approach to software decisions, many pharmacies at Epic organizations have held on to third-party products due to the relative immaturity of some of Epic’s more recently developed pharmacy solutions. – Latest KLAS report explores… Read More »Epic Pharmacy Progress Made But Gaps Remain, KLAS Report Finds
What You Should Know: – HP launches patient-first print technologies to help healthcare workers stay safe and spend more time caring for patients. – Innovations co-developed with healthcare professionals include industry’s first sterilizable printers, exclusive EMR-compliant workflow solutions, and services to improve patient safety and… Read More »HP Launches EMR-Integrated Print Solutions to Digitize Point of Care Workflows
What You Should Know: – Health technology leader WellSky has agreed to acquire CarePort Health to power coordinated care transitions for acute and post-acute care patients for $1.35B. – By providing end-to-end visibility across the continuum, WellSky and CarePort can improve outcomes, lower costs, and… Read More »WellSky Acquires CarePort Health from Allscripts for $1.35B
What You Should Know: – NVIDIA and Massachusetts General Brigham Hospital researchers develop an AI model that determines whether a person showing up in the emergency room with COVID-19 symptoms will need supplemental oxygen hours or even days after an initial exam. – The ultimate… Read More »NVIDIA Develops AI Model to Accurately Predict Oxygen Needs for COVID-19 Patients
What You Should Know: – Value-based reimbursement (VBR) contracts now account for 26% of hospital revenue, according to a new report from KLAS research and CHIME. – Report reveals providers are looking first to their electronic health record (EHR) systems to drive PHM, and are… Read More »Value-Based Reimbursement Contracts Now Account for 26% of Hospital Revenue, KLAS Finds
What You Should Know: – How the top US acute EHR vendors, namely Cerner, Epic, Allscripts, and MEDITECH (+85% share of US acute market in terms of revenues), have progressed on international expansion. As highlighted below, there is a significant variance amongst the big four in terms of revenue and share of… Read More »Why International Expansion Must Remain a Priority for Cerner, Epic, Allscripts, MEDITECH
What You Should Know: – Memorial Health System selects LifeLink Conversational AI technology to virtualize the waiting room experience for patients – Mobile chatbots to automate intake for telehealth and in-person visits, while maintaining COVID-19 social distancing and safety protocols. Memorial Health System , a community-based, not-for-profit… Read More »Memorial Health Deploys Chatbots to Virtualize Waiting Room Experience
What You Should Know: – Siemens Healthineers and Varian Medical announce a $16.4B deal in an all-cash transaction on 2nd August 2020. – Deal expected to close in 1H 2021. – Varian Medical will maintain its brand name and operate “independently” – Siemens AG will… Read More »M&A Analysis: 3 Benefits of Siemens Healthineers’ $16.4B Acquisition of Varian Medical
Jeff Fallon, CEO, eVideon It wasn’t that long ago that people went to the bank on a Friday to cash their paper paychecks. Maybe they’d put some in checking and take some out in cash. They’d go to the grocery store over the weekend and… Read More »Why Now Is The Time to Reimagine Healthcare Through Technology
Sachin Nayyar, CEO at Securonix The COVID-19 pandemic has had a tremendous ripple effect across all industries, with one of the most impacted being healthcare. Providers have had to quickly adapt to supporting patients ‘virtually’ in a secure manner, while simultaneously developing procedures to support… Read More »5 Critical Considerations for Patient Privacy in Telehealth
Allscripts & eClinicalWorks EMRs Not A Good Fit for Ambulatory Pediatric Practices, KLAS Report Finds
What You Should Know: – According to a recent KLAS report, Allscripts and eClinicalWorks EMRs are not a good fit for pediatric practices, while Greenway Intergy is improving. – PCC, athenahealth, and Office Practicum EMRs named best suited for pediatric offices. Despite their unique needs,… Read More »Allscripts & eClinicalWorks EMRs Not A Good Fit for Ambulatory Pediatric Practices, KLAS Report Finds
With public and private healthcare spending significantly outpacing that of other countries, U.S. hospitals face intense pressure to find new ways to capture greater value. More and more, organizations are finding that partnerships with existing vendors can help unlock next-level performance gains in a transformative… Read More »4 Ways Healthcare Organizations Can Establish Partnerships to Drive Innovation
Jeff Fountaine, Director, Healthcare Vertical Market, Elo A clinician’s mission is to deliver the best possible care to his or her patients. However, when technology gets in the way of the workflow, clinicians are obligated to spend valuable time making sure data inputs are accurate… Read More »Enhancing Patient Care With a Touchscreen EMR Interface
The value of digital health data is as vast as its volume – but only if it can be unlocked, managed, and ultimately shared for the greater good.
What You Should Know: – Health Catalyst announces an agreement to acquire clinical workflow optimization solution healthfinch using a mix of stock and cash. – As part of the acquisition, healthfinch will be a new application suite category called EMR Embedded Insights and its refills,… Read More »Health Catalyst Acquires Clinical Workflow Optimization Solution healthfinch
Randy Carpenter, SVP of the Executive Advisory Board at HCTec The loss of lives and livelihoods from COVID-19 is almost too much to comprehend. And yet, slowly, conversations are emerging about the positives percolating from the pandemic. It’s human nature to want to look for… Read More »Post COVID-19: 3 Things I Hope Healthcare Won’t Recover From
Christopher Thompson, RN, Director of Patient Experience, CenTrak Healthcare facilities and their sprawling campuses can be overwhelming and challenging to navigate. In fact, facilities lose close to $800 million a year due to missed hospital appointments, and many physicians blame a significant portion of this… Read More »Hospital Wayfinding: The Next Frontier in Healthcare Design