What You Should Know: – Boston-based health IT company Cohere Health has closed a $36 million Series B funding round led by Polaris Partners, with additional participation from new investors Longitude Capital and Deerfield Management, as well as existing investors Flare Capital Partners and Define Ventures. The round comes less than a… Read More »Cohere Health Raises $36M to Automate Prior Authorization Between Payers & Providers
Cohere Health raised $36 million in a Series B funding round less than two years after its inception. It will use the new funds to expand its prior authorization platform and integrate health plan benefits to eliminate missed opportunities for care.
What You Should Know: – Health2047, the innovation arm of the American Medical Association, today announced the spinout of a new company, Emergence Healthcare Group, that offers the first turnkey practice solution designed to enable greater physician autonomy by relieving them of administrative burdens and financial pressures… Read More »Health2047 Spins Out Emergence Healthcare Group to Empower Independent Physician Practices
Brad Bostic, CEO, hc1 The fundamental problem with healthcare can be summed up in one sentence: We expect healthcare services that cater to our individual needs, yet the health care system operates under a one-size-fits-all, trial-and-error model. It is a model that results in missed… Read More »PHINs: Addressing the Fundamental Flaws that Have Broken Healthcare
Canvas Medical, a startup looking to build electronic medical records and ancillary tools for primary care systems, raised $17 million in funding.
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
What You Should Know: – Today, Microsoft Corporation (Nasdaq: MSFT) and Nuance Communications, Inc. (Nasdaq: NUAN) announced they have entered into a definitive agreement under which Microsoft will acquire Nuance for $16B. Financial terms of the all-cash deal details Microsoft paying $56 per Nuance share, a 23% premium over Friday’s closing price with a total… Read More »M&A: Microsoft Acquires Nuance for $16B to Accelerate Healthcare Cloud Strategy
The HHS’ new interoperability and information blocking rules have been in effect for one week, yet how they will be enforced is unclear. But there are some clues that could provide a glimpse into what the enforcement landscape might look like, and the best thing… Read More »Enforcement landscape for HHS data-sharing rules is hazy, experts say
Several healthcare entities that used Accellion’s file transfer software now find themselves the victims of a data breach, including Trinity Health. The software had vulnerabilities that were exploited by cybercriminals, resulting in the exposure of personal health information.
What You Should Know: Last week saw Dedalus complete the purchase of DXC’s healthcare provider business for $450M, a deal that was originally announced in July 2020. – DXC was created in 2017 via the merger of CSC and the Enterprise Services business of Hewlett… Read More »Dedalus Completes Acquisition of DXC’s Provider Healthcare Business – M&A Analysis
Global investment firm KKR plans to acquire a majority stake in health software company Therapy Brands. PSG, a previous investor in the company, will remain a minority shareholder.
As Covid-19 cases started escalating last April, providers in hotspot states, like New York, California and Washington, had to quickly pivot their IT plans. These are some of the decisions that five health IT leaders made — aside from expanding telehealth — that helped their… Read More »The key IT decisions that helped providers survive April 2020
What You Should Know: – Carta Healthcare, a provider of AI-powered clinical data abstraction technology and services, is pleased to announce a recent $17.3M Series A investment led by Storm Ventures. AI Digital Innovation Fund (affiliated with Mass General Brigham), CU Health Innovation Fund (affiliated… Read More »Carta Healthcare Raises $17.3M for AI-Assisted Data Abstraction
Traditional patient care patterns have been radically altered by the COVID-19 pandemic. And after more than a year of disruption, it’s doubtful that everyone will revert to those patterns after the pandemic. New habits have been formed, and consumers are more willing to pursue the… Read More »Does Telemedicine Impede or Help the Patient-Centered Medical Home?
What You Should Know: – Enterprise coordinated care network provider, Unite Us, makes a combined $1 million investment with Metro United Way for help towards pandemic struggles and social upheaval in the Greater Louisville metro area. – Funds will provide housing-related costs and support for… Read More »Unite Us and Metro United Way Invests $1M Towards Financial Efforts in Greater Louisville Area
The conference highlights the intersections of technology and life sciences through the prism of precision medicine. The topics at the conference span pediatric innovation in precision medicine, how tech companies are addressing clinical trial challenges, supply chain management, and more.
Diane Comer, Chief Technology Officer at Kaiser Permanente What You Should Know: – Kaiser Permanente announced today that Diane Comer has been named the new chief information technology officer. – In this role, she will lead Kaiser Permanente’s focus on developing and delivering innovative, strategic… Read More »Kaiser Names Diane Come New Chief Technology Officer
What You Should Know: – Firefly Health, a virtual-first healthcare company with a mission of delivering half-priced healthcare that’s twice as good, has announced that it has recently closed $40M in Series B financing, led by Andreesen Horowitz (a16z). a16z General Partner Julie Yoo will… Read More »Firefly Health Raises $40M to Expand Virtual Primary Care Platform
What You Should Know: – MEDITECH recently announced Expanse Patient Connect, powered by WELL Health, a contemporary, mobile solution enabling bidirectional, communication between healthcare organizations and their patients. Available through the MEDITECH Cloud Platform, the solution leverages WELL Health’s automated patient interaction functionality to improve provider efficiency… Read More »MEDITECH, WELL Health Partner to Enhance Digital Patient Engagement
While the Covid-19 pandemic has strained the healthcare industry, this administration has the advantage of being able to leverage everything we have learned over the past year to advance the next generation of value-based care.
Insurance technology startup Bright Health has purchased Zipnosis, which provides telehealth services. Though details of the new transaction are sparse, the acquisition aims to lower healthcare costs and expand access to quality care.
ONC Leader Gives Health IT Vision ONC’s newly appointed national coordinator Micky Tripathi introduced the 2021 ONC Annual Meeting by sharing his vision for the future of health IT strategy and policy throughout the healthcare system. He talked about the agency’s role in responding to the COVID-19 pandemic, striving for health equity through the use of health IT (he calls it “equity by design”), advancing interoperability of… Read More »Top Takeaways from the 2021 ONC Annual Meeting
Your administration needs to establish a mandate requiring health systems that have data sharing capabilities to share their Covid-19 data in the next eight months. This includes Covid-19 test results, vaccination information, and other critical data.
As the pandemic rages on, the other major public health crisis in recent history has not ebbed. The opioid epidemic is worsening, but providers have kept their eye on the ball and are continuing their efforts to treat opioid use disorder and curb unnecessary prescriptions.… Read More »How providers are tackling a crisis within a crisis — the opioid epidemic
Companies focusing on cancer care, high-risk patients, patient safety, tele-dermatology, mental health and medical billing are among the six finalists.
Though telehealth will continue to account for a large portion of healthcare IT budgets in 2021, there are other technology-based services driving provider interest. These range from cloud deployment to vaccine scheduling solutions as providers navigate the new landscape created by the Covid-19 pandemic.
Peter Meath, J.P. Morgan Commercial Banking’s Co-Head of Healthcare and Life Sciences, applies lessons from 2020’s remarkable second half and shares insights on what to expect in 2021.
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
The HHS’ information blocking rule goes into effect Monday, and for nearly a year, providers and IT vendors have been racing to prepare. But they have faced several hurdles along the way, including figuring out how to handle scenarios that could make them non-compliant.
What You Should Know: – Today, CVS Caremark, the Pharmacy Benefit Manager (PBM) of CVS Health announced a larger PBM contract with the Government-wide Service Benefit Plan (also known as the Federal Employee Program), which has provided benefits to the federal workforce for 60 years… Read More »CVS Health Inks Larger PBM Contract with Federal Employee Program, Adds Specialty Pharmacy Care
Birju Shah, Head of Product for Uber Health & Communities Nick Jordan, Founder and CEO, Narrative In a world where technology and Big Data can provide us with instantaneous access to our banking transactions, and our financial information and credit reports can be retrieved with a… Read More »COVID Exposed The Dire Need for Real-Time Healthcare Data Sharing
Healthcare information exchanges could provide the missing link between providers, payers and community-based organizations working to address social determinants of health. Efforts in Nebraska and Ohio show the ways in which HIEs could advance care coordination and interoperability.
Kenya Smith, Healthcare Solution Marketing Manager at ABBYY AI technology is quickly evolving and already surpassing human decision-making in certain instances; sometimes, in ways, we can’t explain. While many are alarmed by this, AI is producing some of the most effective and dramatic results in… Read More »3 Barriers Stalling AI Adoption in Revenue Cycle Management
What You Should Know: – Today Marpai Health announced that it will acquire third-party administrator Continental Benefits. Marpai brings deep learning to self-insured health plans, which will allow for the processing of comprehensive data to increase quality care, reduce costs, simplify the healthcare experience, and empower plan members to… Read More »Marpai Health Acquires Continental Benefits to Launch First Smart Health Plan System
BrightInsight, a startup developing infrastructure to make it easier for companies to make their own health apps, raised $101 million in funding. General Catalyst led the series C round.
The healthcare provider and technology giant have entered into a 10-year partnership that will leverage AI, cloud and quantum computing capabilities to accelerate research. The collaboration will include the first private-sector installation of the IBM Quantum System One.
What You Should Know: – Omega Healthcare, a provider of outsourced revenue cycle management and other healthcare support services, today announced the acquisition of himagine Solutions, a St. Louis based provider of medical coding and registry services. The transaction expands the service capabilities and geographical footprint of both companies, enhancing… Read More »Omega Healthcare Acquires himagine Solutions to Expand Global Delivery Model
The Washington-based health system has filed a lawsuit against EHR giant Cerner saying it intentionally misrepresented its products and services. Cerner’s systems did not operate as promised, leading to severe cash collection issues at Astria Health and forcing it into bankruptcy in 2019, the suit… Read More »Lawsuit: Cerner systems’ failure drove Astria Health into bankruptcy
A group of inventors at the University of Cincinnati are developing a drone that can be used to conduct virtual visits in patients’ homes. The technology aims to fill the gap in telehealth delivery among those who do not have access to the necessary devices… Read More »Drone in your home? Telehealth makeover underway at Univ of Cincinnati
Advocate Aurora Health has launched a subsidiary focused on making investments in companies that enhance health and wellbeing. The subsidiary has already made its first move, leading a $25 million funding round for a telenutrition provider.
Read new developments on healthcare startups such as Seven Bridges, Scipher Medicine, Applied VR and more.
The partnership between the insurer and EHR giant — announced a year and a half ago — will now focus on streamlining prior authorizations and offering providers enhanced insights about their patients. Ochsner Health will be among the first to implement the new capabilities offered… Read More »Epic-Humana partnership enters new phase focused on prior authorizations
Healthcare delivery is one of the themes at the annual MedCity News virtual INVEST conference, April 19-23. Register today!
What You Should Know: – NeoGenomics, Inc., a provider of cancer-focused genetic testing services and global oncology contract research services announced it has reached an agreement to acquire precision oncology platform Trapelo Health for $65M. The agreement purchase price of $65 million, consists of $35… Read More »NeoGenomics Acquires Precision Oncology Platform Trapelo Health for $65M
Appriss Health, which provides behavioral health insights to clinicians, plans to purchase care coordination solutions provider PatientPing for an undisclosed sum. The deal is expected to close within the next two months, but the combined company’s first steps are still being decided.
What You Should Know: PatientPing, a comprehensive care collaboration platform, today announced that it has entered into a definitive agreement to acquire Appriss Health, a cloud-based care coordination software and analytics solutions focused on behavioral health and substance use disorder. – Together, PatientPing and Appriss, backed by Clearlake Capital Group, L.P. and… Read More »Apriss Health Acquires Care Coordination Platform PatientPing
What You Should Know: – AKASA (formerly known as Alpha Health), a South San Francisco, CA-based Unified Automation™ company for revenue cycle management in healthcare, announced it has raised $60 million in its series B round of funding. – Founded in 2018, AKASA uses the… Read More »AKASA Raises $60M to Automate Revenue Cycle Operations for Health Systems
– Innovaccer, Inc., a leading healthcare technology company, announced the launch of its Provider Network Management solution to assist healthcare payers access complete view and exercise control over their provider network performance. – The Provider Network Management solution is powered by the Innovaccer Health Cloud… Read More »Innovaccer Launches Provider Network Management Solution for Payers on the Innovaccer Health Cloud
David Talby, CTO, John Snow Labs Heart disease is the leading cause of death for people of most racial and ethnic groups in the United States. Cardiovascular disease-related deaths—which occur every 36 seconds—cost our country about $219 billion each year, according to the Centers for… Read More »How NLP Can Uncover Social Determinants of Heart Disease
What You Should Know: – Novo Nordisk A/S, a leading global healthcare company, and TetraScience, the leading global Life Sciences R&D Data Cloud, announce a new partnership to design a cloud-based instrument data platform for drug R&D, built natively on Amazon Web Services. – Novo… Read More »Novo Nordisk, TetraScience Partner on Cloud-Based Instrument Data Platform
Linda M. Dillman What You Should Know: – Linda M. Dillman, a long-time and trusted Cerner Corporation board member, passed away on Saturday, March 13. – Dillman retired from QVC in January 2017, having served as its Chief Information Officer since January 2012. Previously, she… Read More »Long-Time Cerner Board Member Linda M. Dillman Passes Away
The American Hospital Association is urging the Justice Department to thoroughly review UnitedHealth’s intended acquisition of Change Healthcare. The transaction would reduce competition in the health IT arena and result in higher prices and lower quality of care, the hospital group says.
The Covid-19 pandemic has decimated hospital finances, and as a result, rural providers are forced to make key IT spending decisions with limited dollars. Here is a snapshot of how they will prioritize those dollars this year and the federal support they need to survive… Read More »Rural hospitals contend with an expensive shift to digital amid shrinking margins
In an interview with MedCity News, Hospital Sisters Health System’s Director of Quality Bill Cox discussed the types of technology the 15-hospital system is using to enhance patient safety and why a systemwide strategy and culture shift is necessary for successful IT deployment.
What You Should Know: – Greenway Health announced the launch of its new Greenway Revenue Services offering, GRS Select™, a customizable revenue cycle management (RCM) offering designed to meet the unique, individualized needs of healthcare practices as they rebuild and improve the profitability of their… Read More »Greenway Health Launches Customizable RCM Solution
The healthcare analytics company will use the funds, raised in a Series C financing round, to scale its cloud-based platform that offers providers, payers and pharma companies insights to inform business decision-making.
Lisa Romano, MSN, RN, Chief Nursing Officer at CipherHealth The New Year brings hope and promises that an end to the COVID-19 pandemic is in sight. With two vaccines authorized by the FDA for emergency use, and close to 3 million healthcare workers already vaccinated,… Read More »3 Ways Providers Can Navigate COVID-19 Vaccination Rollout Successfully
For providers and payers, a limited budget is the biggest hurdle to executing their data strategy, followed by disparate data sources and the quality of data available, according to a new survey that includes responses from 200 healthcare leaders.
What You Should Know: – Tegria today announced the acquisition of Cumberland, a leading healthcare IT consulting and services firm for payers and providers. Financial details of the acquisition were not disclosed. – The acquisition accelerates the growth of Tegria, launched by Providence in October… Read More »Providence-Backed Tegria Acquires Healthcare IT Consulting Firm Cumberland
What You Should Know: – Strive Health, a Denver-based provider of value-based kidney care today announced $140 million in Series B funding with Alphabet’s independent growth fund, CapitalG, as the lead investor. Strive has more than doubled its presence in regional markets and grown its employee base by more than 600% in… Read More »Strive Health Raises $140M for Value-Based Kidney Care Platform
What You Should Know: – Unite Us, the tech company creating coordinated care networks nationwide, has just announced a $150M Series C round of funding led by ICONIQ Capital, bringing its valuation at $1.65 billion. – Unite Us is leading the care transformation movement towards whole-person health… Read More »Unite Us Nabs $150M, Reaching $1.6B Valuation to Address Social Determinants of Health
AstraZeneca is turning to digital technology to help patients and clinicians manage the treatment of chronic diseases. Though this technology isn’t tied to any AstraZeneca drug, the company believes such digital tools will become part of the new standard of care.
Unite Us, a New York-based technology company that makes coordination of care software, passed a $1.6 billion valuation. It build networks with local providers and works to connect members with community resources.
A district judge granted preliminary approval to a settlement for a class action suit brought against HIMSS by exhibitors for its conference last year. Per the settlement, HIMSS will create a $2.8 million fund to pay back exhibitors and will credit a portion of the… Read More »HIMSS to settle class action exhibitor lawsuit for $2.8M
When leveraged properly, technology can decrease administrative overhead and processes both before and after care through scheduling appointments, managing patient communications, billing patients, and collecting payments.
Read new developments from Serimmune, Allelica, ForSight Robotics, Owlet Baby Care Inc., and Ascension Ventures.
A vaccine communication playbook developed by WELL™ Health offers guidance to providers on how to meet the communication challenges to ensure patients get both doses of the Covid-19 vaccine.
Microsoft’s latest eBook offers a look at how technology can help organizations meet patients’ changing expectations and provide personalized care.
Learn how Bright MD’s platform can help transform and deliver quality care for hundreds of low-acuity conditions in just minutes.
Rather than having multiple digital ledgers for the industry, better health care results require a single global blockchain that massively scales, capable of efficiently handling high volumes of data to act as the single source for information.
Cedar, a healthcare finance technology company, saw its valuation jump to $3.2 billion after raising $200 million in a Series D funding round. It plans to use the new funds to expand patient touchpoints and build out new use cases.
What You Should Know: – Waystar, a provider of healthcare payments software, today announced the addition of the Text Statements feature to its suite of payment tools. This new solution enables patients to easily view and pay medical bills directly from their smartphone, bringing transparency… Read More »Waystar Launches Price Transparency Solutions to Meet Consumer Demand
Bent Philipson, Founder of Philosophy Care When it comes to skilled nursing facilities (SNFs) in particular and long-term care in general, a human-centered and empathetic approach is not only necessary, it’s obligatory. Putting the needs, constraints, and perspectives of patients first enhances the level of… Read More »How Artificial Intelligence Is Making Senior Care More Human
The rise in cybercrime is a significant concern among healthcare stakeholders. But defending against these types of attacks is not as complicated as it is often made out to be and can be narrowed to two key steps: deploying multi-factor authentication and staff training.
In a wide-ranging interview, UAB Health System CIO Joan Hicks shared some of the projects on her list for the year ahead, and how remote work has affected her team as well as IT hiring prospects in Alabama.
This story also ran on San Diego Union Tribune. It can be republished for free. California rolled out a statewide covid vaccination website this week aiming to streamline the appointment process after months of criticism, but the site is riddled with its own snags, preventing… Read More »California’s Vaccine Appointment Website Has Glitches. No Surprise?
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
This week, read new developments at Carrum Health, Seven Bridges, CARISMA Therapeutics, and more.
What You Should Know: – IMPACT, a designated provider of 211 information and referral services in Southeastern Wisconsin, today announced a groundbreaking collaboration with local health systems, community organizations and NowPow to power one of the nation’s most comprehensive, community-wide systems to connect health and… Read More »City of Milwaukee Taps NowPow to Improve Health Equity & Outcomes
What You Should Know: – CorVista Health, a Toronto-based digital health company dedicated to improving cardiovascular disease diagnosis, announced it has closed a $65 million Series C financing, bringing the total funding to nearly $100 million. – This significant capital provides a runway for ongoing… Read More »CorVista Health Nabs $65M for Non-Invasive Cardiac Diagnostic Platform
Eric Demers, CEO of Madaket Health Provider data management is usually discussed from the provider perspective: the busy staff, the needless paperwork amid a pandemic, the faxing, emailing and uploading of data. In these scenarios, the health plans are often painted as the villains for… Read More »Payers Struggle with Provider Data Management Too
In an interview, BrightInsight Co-founder and CEO Kal Patel, MD, offered a preview of the report, The Role of Digital Health in Immuno-oncology Therapy Development and Adoption.
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
What You Should Know: – President Biden’s administration today announced a historic manufacturing deal between Merck and Johnson & Johnson (J&J), to expand production of J&J’s COVID-19 vaccine. The collaboration will increase manufacture of vaccine drug substance, as well as its fill-finish capacity – two… Read More »Biden Announces Deal With Merck, Johnson & Johnson to Boost COVID-19 Vaccine Production
Health IT company Apervita will leverage Diameter Health’s capabilities — which include cleaning and enriching clinical data — to enhance data quality for stakeholders looking to create value-based care contracts.
Per the partnership, Geisinger Health Plan’s half a million members will gain access to Tomorrow Health’s services, which focus on coordinating medical supplies for home-based care. Tomorrow Health’s platform connects patients to medical equipment suppliers and guides them through the purchase process.
What You Should Know: – Health Gorilla raises $15M to scale its FHIR-based API solutions for digital health and expand into new markets. – Health Gorilla will introduce new APIs to enable consumer access to medical records, payer-to-payer data sharing, and data quality assessments. Health… Read More »Health Gorilla Nabs $15M to Expand FHIR-based APIs for Digital Health
After a challenging 2020, health systems are looking to deploy strategies for recovery, especially to bolster financial health. One strategy health executives are considering is investing in predictive modeling technology that can help them manage patient demand and outcomes in the coming year.
Read about news from Seven Bridges, Outcomes4Me, Carrum Health and more.
What You Should Know: – Innovaccer closes Series D round of growth capital bringing Innovaccer at a total valuation of $1.3 billion. – In addition, the company has launched the Innovaccer Health Cloud, a platform as a service that combines the company’s Data Activation Platform… Read More »Innovaccer Reaches $1.3B Valuation, Launches Health Cloud Platform
The health technology company’s valuation skyrocketed to $1.3 billion following its latest funding round. It plans to use the new funds to launch Innovaccer Health Cloud, which will aggregate and normalize data from different systems and support the development of interoperable apps.
After Google struck a controversial partnership with Ascension to build a searchable health record, the companies are now launching an expanded clinical pilot of the tool. Now, about 250 clinicians will be able to use it.
Alexandra Morehouse, chief marketing officer at Banner Health, spoke to MedCity News about how the 29-hospital system made changes to patients’ digital experience amid the Covid-19 pandemic and the types of technology that helped drive the changes.
As Texas reels from a devasting winter storm, HHS is issuing several waivers to help hospitals continue to provide care amid mounting challenges. These waivers allow non-compliance with certain HIPAA provisions and other federal regulations.
Vivor CEO and Co-founder Ian Manners talks about the origins of the financial assistance startup and their mission to eliminate out-of-pocket costs as a barrier to care.
As we continue to respond to Covid-19 and prepare for the next crisis, the health care community should learn from defense and intelligence agencies that have developed effective strategies to create a common operating picture through robust data integration.
What You Should Know: – DrChrono announces today that its open FHIR API is now live enabling its patient members to securely transfer their available health records out of DrChrono into the Apple Health app on the iPhone so their medical information is consolidated and… Read More »DrChrono’s Open FHIR API Enables Patients to Transfer Records to Apple Health
Moha Desai, Principal, Healthcare Strategy & Transformation Health systems across the country will require a plan to react to government deep spending cuts and revenue shortfalls due to the COVID-19 pandemic. Hospital services have seen a significant downturn in demand in 2020, and the recent… Read More »11 Best Practices of a Successful Care Model Transformation Plan
News from healthcare startups such as Carrum Health, Outcomes4Me, Equip, and more.
The health technology company will use the investment to deploy its cancer care management platform and remote monitoring program at more health systems and to advance its research capabilities. Philips Health Technology Ventures led the equity round, and Cerner was a returning investor.
Healthcare interoperability is evolving, but it is not keeping pace with industry needs. New federal and state policies, as well as advancements in technology, that focus on data management will be needed to push interoperability forward.
While healthcare providers have invested heavily in clinical systems over the past decade, they’ve mostly ignored financial and operational systems.
There were nearly 600 healthcare data breaches in 2020, a 55% jump from 2019, a new report shows. Not only did the number of data breaches spike in the past year, but the average cost per breach increased by about 10%.
What You Should Know: – Vytalize Health acquires patient financial experience platform MedPilot to accelerate data-driven engagement technology to its ACO’s Medicare population. – An alumnus of the Cedars-Sinai Accelerator, MedPilot’s platform has already helped over 1 million patients to date and boasts a 97%… Read More »Vytalize Health Acquires Patient Financial Experience Platform MedPilot
What You Should Know: – Health Current, Arizona’s health information exchange (HIE), today announced the selection of NowPow as the vendor of choice for Arizona’s closed-loop referral system (CLRS) to address social determinants of health (SDOH) needs in Arizona. – By connecting healthcare and community… Read More »Arizona to Implement a Statewide Social Determinants of Health Closed Loop Referral System
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.
In 2021, the role of advanced technology solutions across the healthcare sector can – and should — be expanded. They already have been applied in such areas as billing, administrative work, in prescription management and some staff position scheduling. But with the ongoing advances in… Read More »Why Labor Management Systems Are a Resource Healthcare Can Rely On
What You Should Know: – ECRI Institute identified the complexity of managing medical devices with COVID-19 emergency use authorization as the number one technology hazard in its Top 10 Health Technology Hazards for 2021 report. ECRI Institute’s Top 10 Health Technology Hazards, now in its 14th year, identifies… Read More »ECRI Institute: Top 10 Health Technology Hazards to Watch in 2021
What You Should Know: – Holy Name Medical Center announced that it is the first hospital in New Jersey among a growing number of health systems nationwide to offer needle-free blood draws for inpatients using the PIVO™ device from Velano Vascular. – As part of… Read More »Holy Name to Offer Needle-Free Blood Draws for Inpatients, First Hospital in NJ
What You Should Know: – As the fallout of COVID-19 continues to plague healthcare systems and hospitals, cybercriminals took a notable interest in these entities through malicious hacking incidents in the second half of 2020. In a new CI report released, Drex DeFord, former CIO… Read More »Former Hospital CIO Finds 177% Increase as Hackers Breached 21.3M Healthcare Records in 2H of 2020
Michelle Drolet, CEO of Towerwall, Healthcare organizations have faced continual stress from heavy COVID-19 caseloads in 2020. Cyberattacks on their information networks also loomed as a serious threat, and the pressure to protect data is expected to grow this year, as more criminals target healthcare… Read More »Escalating Cyberattacks on Healthcare Organizations Highlight Need for Security Interventions
In an unusual move, 14 major providers — including Trinity Health, CommonSpirit Health and Tenet — have come together to launch a data analytics company. Insights derived from the company’s platform will be available to providers, biopharma companies and scientific researchers working to advance patient… Read More »14 major health systems launch data insights company
Founder and CEO Hedieh Safiyari talks about the Canadian healthcare startup on a mission to revolutionize the health and wellness experience.
Beaumont Health’s CIO Hans Keil spoke with MedCity News about the incident where an unknown user publicly shared a link to access its Covid-19 vaccination scheduling services, the safeguards the health system has put into place since and what his team’s IT priorities are for… Read More »Behind the scenes of Beaumont’s Covid-19 vaccination scheduling breach
In a wide-ranging interview, Maggie Huston, associate general counsel for precision medicine company Tempus, discusses how to balance innovation with safety as the FDA grapples with AI/ML and new, more complex technology, as well how her company quickly reacted to Covid-19.
The Chief Information Officer of LifeBridge Health talks about how CIOs are redefining digital access for consumers and why it’s important that CIOs have a say when their organization evaluates new partnerships or platforms.
Husband and wife entrepreneurs Gregory and Lauren Hanson talk about their healthcare startup and how they want to help connect companies in search of medical expertise with physicians to advise them.
Six health information exchange organizations have come together to establish a new consortium. The group aims to share technology infrastructure, create new solutions and advocate for federal support to drive data sharing amid the Covid-19 pandemic.
What You Should Know: – Theator raises $15.5M in Series A funding to support the company’s mission of using AI and computer vision to eradicate disparity and variability in surgical care. – The startup plans to use this round to scale its commercial operations and… Read More »Theator Nabs $15.5M to Scale AI-Driven Surgical Intelligence Platform
Warren A Whyte, Ph.D., VP Scientific Partnerships at ConcertAI According to a 2019 study in the Proceedings of the National Academy of Sciences, one in 1,000 Black males can expect to die at the hands of the police. Black males were also 2.5 times more… Read More »Why Cancer Registries are Part of America’s Fight for Racial Equality
At the end of December 2020, Philips announced the planned acquisition of BioTelemetry for $2.8 billion in cash. – BioTelemetry was formed in 2013 after a series of acquisitions from the initial founding company CardioNet, Inc. – CardioNet, Inc. based in San Diego, USA was… Read More »How Will Philips Acquisition of BioTelemetry Impact The Cardiac Monitoring Market?
What You Should Know: – Nuance acquires ambient AI healthcare voice assistant Saykara, Inc. to bring complementary AI technology and engineering talent to conversational AI and ambient clinical intelligence market leader. – Kara’s AI-powered healthcare voice assistant can be used during a physician-patient encounter without… Read More »Nuance Acquires Ambient AI Assistant for Physicians Platform Saykara
Providers are the most common targets for cyber criminals attacking the healthcare industry, and now, two major health systems have added their names to the list of recent data breach victims. The recently divulged information breaches affected 255,000 individuals.
What You Should Know: – Verily and Janssen launches COVID-19 Immune Response Study that aims to collect detailed information about how the coronavirus affects the immune system immediately after someone tests positive for COVID-19. Verily, an Alphabet company, is partnering with Janssen Research & Development… Read More »Verily and Janssen Launch COVID-19 Immune Response Study
What You Should Know: -Experian Health is partnering with Epic to expedites access to Precise ID® for Epic customers to address COVID-19 identity verification challenges. – Collaboration aims to accelerate vaccination efforts with swift implementation and touchless identity proofing for high volume immunization programs.… Read More »Experian Health, Epic Partner to Address COVID-19 Identity Verification Challenges
Top Updates to the Interoperability Standards Advisory (ISA) – 2021 ISA Reference Edition Now Available
Even if you’re not a standards guru, it’s not a stretch to say that standards help the world go ‘round, especially in the world of health information technology (health IT). ONC is excited to share the 2021 Interoperability Standards Advisory (ISA) Reference Edition. Whether you’re a policy wonk, a software developer, or a public health pro, there’s a little something for everyone this… Read More »Top Updates to the Interoperability Standards Advisory (ISA) – 2021 ISA Reference Edition Now Available
What You Should Know: – Lyft launches enhanced Lyft Concierge experience within the rider app like streamlined, multi-language support and advanced security — through their Lyft app account, if they have one. Lyft Business, today announced the launch of enhanced Lyft Concierge experience with advanced… Read More »Lyft Launches Enhanced Concierge In-App Experience for Healthcare
A new playbook from WELL™ Health offers hospitals a roadmap during this public health crisis for providing efficient and timely patient communication including appointments, virtual care, testing, and more.
The vaccine is being delivered to 195 countries with different databases healthcare systems. Healthtech solutions help us bring together data from different healthcare organizations, manufacturing and distributing facilities, and government departments into a centralized location.
Walgreens appoints Rosalind (Roz) Brewer as the company’s Chief Executive Officer, effective on March 15, 2021. Brewer will also join the WBA Board of Directors upon assuming the role. She succeeds Stefano Pessina who, as previously announced, will transition to the role of Executive Chairman… Read More »Executive Hires: Walgreens Appoints New CEO, Cityblock Health, Innovaccer, Others
What You Should Know: – Each year, the US healthcare industry spends $39 billion on 9 administrative transactions, according to a new report from CAQH. – The 2020 CAQH Index also uncovered that by automating these transactions, the industry could save $16.3 billion annually–a 42%… Read More »Healthcare Can Save $16.3B Automating Administrative Transactions, Report Finds
Read about news from healthcare startups including Carrum Health, a surgery benefit business for self-insured employers, and more.
6 HIEs Form New Consortium to Drive Population Health Improvements Via Data Sharing Interoperability
What You Should Know: – A group of six health information exchanges (HIE) announced today their formation of the Consortium for State and Regional Interoperability (CSRI). – The 501(c)(3) CRSI aims to help drive individual and population health improvements across the nation through robust and… Read More »6 HIEs Form New Consortium to Drive Population Health Improvements Via Data Sharing Interoperability
A pair of new studies show that telehealth use differs by specialty, patient condition as well as socioeconomic factors, which may affect the technology used for care delivery.
Meet Erich Drotleff, corporate counsel for health IT giant Availity, as he shares his thoughts on the role of data-sharing in public health, the impact of Covid-19 and his passion for bonsai gardening.
The California-based healthcare organization will work with Accenture and Microsoft to grow and strengthen its cloud capabilities. The enhancements are expected to help Kaiser provide its care teams with data insights to personalize patient care.
What You Should Know: – Kaiser Permanente signs a multi-year strategic agreement with Accenture and Microsoft to support the healthcare provider’s transition to the cloud environment. – The partnership enables stronger cloud computational power and data insights readily available to care teams, so Kaiser’s members—and… Read More »Kaiser Inks Multi-Year Agreement with Accenture, Microsoft for Cloud Transition
Carlyle Group, Brighton Park Capital Invest $200M in Indian Health Tech Provider Indegene to Fuel Global Expansion
What You Should Know: – The Carlyle Group and Brighton Park Capital invests $200M in Bangalore, India-based Indegene to accelerate company’s global expansion and consolidate its industry-leading position in healthtech solutions. – Founded in 1998 by five first-generation entrepreneurs, Indegene has emerged as the leading… Read More »Carlyle Group, Brighton Park Capital Invest $200M in Indian Health Tech Provider Indegene to Fuel Global Expansion
Amid unrelenting surges of Covid-19 cases, healthcare organizations like MultiCare Health System had to reconfigure their operations to manage capacity. In an interview, Dr. Michael Meyers, a MultiCare physician executive, describes how the health system leveraged technology to help it move through the different phases… Read More »MultiCare physician exec: The good news is we have tech on our side to manage hospital capacity
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: – Syapse raises 68M in equity investment led by Ally Bridge Group (ABG), with Northpond Ventures to expand delivery of real-world evidence through Syapse’s Learning Health Network. – The Syapse Learning Health Network is a global precision oncology data sharing network,… Read More »Syapse Lands $68M to Expand Global Precision Oncology Data Sharing Network
What You Should Know: – Volpara Health, an integrated breast care platform assisting in the delivery of personalized patient care has acquired breast cancer risk assessment platform CRA Health. – CRA Health, LLC, is a breast cancer risk assessment company spinoff from Massachusetts General Hospital… Read More »Volpara Acquires Breast Cancer Risk Assessment Platform CRA Health for $18M
At this time every year payers employ teams of people whose full-time job is calling a doctor’s office, requesting information, and waiting weeks for the data to be mailed in hard copy or being required to physically drive to the provider location to pick up… Read More »It’s that time of year – payer Groundhog’s Day
An unknown user publicly shared a link to access Beaumont’s Epic-enabled vaccination scheduling services, which resulted in 2,700 people making unauthorized appointments for a Covid-19 vaccine. The Michigan-based health system had to shut down its vaccination scheduling services and cancel the appointments.
The startup pitch contest is part of our INVEST conference, April 19-23, which will be hosted online due to the Covid-19 public health crisis. It includes five tracks for startups: biopharma, medical devices, diagnostics, health IT and health services.
Amnon Drori, CEO of Octopai The healthcare industry, like many others, has become a data driven industry collecting data from patients, doctors, labs, and payers that are all crucial to patient healthcare diagnosis and outcome. When it comes to research, data can be useful in… Read More »Healthcare Metadata Management: 3 Critical Capabilities to Creating A Unified, Automated Approach
The New York City-based health system implemented Current Health’s remote patient monitoring solution to enhance its cancer care services. Amid the Covid-19 pandemic, cancer care has been severely delayed, and the health system aims to provide more consistent care to this patient group through the… Read More »How Mount Sinai is using tech to support cancer patients amid the pandemic
The vendor has agreed to pay $18.3 million to settle allegations that it violated the False Claims Act by offering illegal kickbacks to boost EHR sales. The company denies any wrongdoing and said it agreed to settle to “put the matter behind us.”
Check out news from healthcare startups including Carrum Health, Seven Bridges Genomics, Outcomes4Me and more.
doc.ai logo What You Should Know: – Sharecare acquires doc.ai to expand its engineering expertise, accelerate digital transformation of healthcare through innovative AI platform for an undisclosed sum. – Founded in 2016, the company licenses AI modules and creates products for a portfolio of clients,… Read More »Sharecare Acquires AI-Enabled Digital Transformation Platform doc.ai
What You Should Know: – GetWellNetwork is acquiring Docent Health, a digital health company. Docent provides a patient engagement platform used by healthcare organizations to coordinate personalized care at scale through AI-enabled communication technology. – The acquisition advances GetWellNetwork’s mission to empower patients and families… Read More »GetWellNetwork Acquires Consumer Engagement Platform Docent Health
The combination of regulatory pressure and technological advances will help move the needle forward — and not just for the sake of better interoperability, but also to get the Covid-19 pandemic under control and improve the health and wellbeing of us all.
The vaccine distribution process has begun and providers are figuring out how to make sure the doses are administered quickly, equitably and in a coordinated manner. Here is a snapshot of the IT strategies that providers are employing to achieve their vaccine administration goals.
According to a national survey of health information exchanges, EHR vendors and health systems commonly engage in information blocking. Insights from the survey can help the HHS enforce its soon-to-be implemented information blocking rules, researchers say.
Chris Riopelle, CEO of Strive Health After an unprecedented year, kidney care providers, including nephrologists, dialysis facilities, and care extenders are expecting 2021 to follow suit. We will see an overhaul in reimbursement and major industry shifts, partly led by CMS, that will require providers… Read More »Why CMS Will Lead the 2021 Kidney Care Revolution
Teladoc Health Head of R&D Yulun Wang highlights the impact of virtual care in underserved populations around the globe through the World Telehealth Initiative’s (WTI) work at the HOPE Field Hospital in the Kutupalong Refugee Camp in Bangladesh.
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
What You Should Know: – Care Simple, Epic, and MetroHealth System announced that they have entered into a strategic remote patient monitoring integration partnership. – Under the terms of the agreement, CareSimple will empower the Cleveland, Ohio public health system with simple, patient-friendly RPM solutions… Read More »MetroHealth System, Care Simple, Epic Launch Remote Patient Monitoring Program
What You Should Know: – Patients in the Cedars-Sinai COVID-19 Recovery Program receive a comprehensive in-person evaluation with an expert in infectious diseases or pulmonary medicine who can refer them to a network of specialists. Cedars-Sinai, today announce the launch of the COVID-19 Recovery Program to meet… Read More »Cedars Sinai Launches COVID-19 Recovery Program
The INVEST Pitch Perfect contest is part of our INVEST conference April 19-23, which will be hosted online due to Covid-19, and includes five tracks for startups: biopharma, medical devices, diagnostics, health IT and health services. Read more on how to apply.
What You Should Know: – Onyx and AMA Innovations partner to rethink ways FHIR-based messaging technology can improve links between healthcare and community-based organizations. – As part of the collaboration, both organizations will jointly target grant opportunities through HHS’ Administration for Community Living’s Social Care… Read More »Onyx, AMA Innovations Form Collaboration to Build FHIR-Based Messaging
What You Should Know: – Medsphere, a provider of affordable clinical IT systems and support services announced it has acqauired healthcare relationship management and analytics company Marketware. Medsphere Systems Corporation today announced the acquisition of Marketware, Inc., a leading developer of robust software tools focused… Read More »Medsphere Acquires Healthcare Relationship Management Platform Marketware
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
In a wide-ranging interview, Mount Sinai Health System CIO Kristin Myers shared key lessons learned in 2020, plans for the year ahead and what she thinks a Biden presidency means for health IT policy.
What You Should Know: – Augmedix, a provider of remote medical documentation and live clinical support launches the national rollout of a transformative tech-enabled medical documentation service powered by virtual scribes and created specifically for busy Emergency Department (ED) environments. – Augmedix trains remotely-located scribes… Read More »Augmedix Launches National Roll-Out of Tech-Enabled Virtual Scribes to Assist Busy ED Clinicians
Strategic decisions payers make today will determine how ready they will be for a future where patients expect their healthcare to be as seamless as online shopping.
Kevin Grauman, President and CEO, QLess After months of uncertainty, hope is finally on the horizon as three viable COVID-19 vaccine candidates are moving closer towards approvals for public distribution. Getting to this stage was extremely labor-intensive, but unfortunately, it’s not the end of the… Read More »Leveraging Technology and Data for COVID-19 Vaccine Distribution
Cybersecurity will continue to be a major issue for providers in the year ahead. According to CareJourney President Aneesh Chopra, the most common factors putting providers at risk are their employees and being unable to track data flow.
Dr. Micky Tripathi will lead the ONC as the new national coordinator for health information technology, while agency veterans Liz Richter and Norris Cochranwill serve as interim leaders for CMS and HHS, respectively.
Mark Erceg, CFO at Cerner Key Points to Know: – Cerner appoints Mark Erceg as the company’s new Executive Vice President and Chief Financial Officer (CFO), effective February 22, 2021. – Erceg will succeed Marc Naughton, who is departing from Cerner at the end of… Read More »Cerner Appoints Mark Erceg New Chief Financial Officer
What You Should Know: – HealthStream, a provider of workforce and provider solutions for the healthcare industry acquires ComplyALIGN (incorporated as ProcessDATA, Ltd.), a Chicago-based healthcare technology company for $2M in cash. – The number of policies and procedures that a typical hospital needs to manage and… Read More »HealthStream Acquires Policy Management System ComplyALIGN for $2M
An appellate court lifted a $4.3 million HIPAA fine imposed on the Texas-based cancer care center two years ago for losing the personal health information of more than 33,000 people.
What You Should Know: – The ONC today unveiled a series of investments to improve the sharing of health information related to vaccination. – The new investments will provide opportunities to track vaccination progress, help clinicians contact high-risk patients, and help identify patients due to… Read More »HHS Awards Funds to Increase Data Sharing Between HIEs & Immunization Registries
What You Should Know: – Aledade raises $100 Million in Series D funding to help more primary care practices thrive in value-based care. – The new funding will power the growth of a nationwide network of more than one million patients by further expanding into… Read More »Aledade Secures $100M for Value-Based Primary Care, Reaching $2.1B Valuation
What You Should Know: – Private equity firm Advent International announced that it has completed a recapitalization of RxBenefits, the employee benefits industry’s first and only technology-enabled pharmacy benefits optimizer (PBO). – The transaction values RxBenefits at approximately $1.1 billion. Advent International (“Advent”), one of the… Read More »Tech-Enabled PBO RxBenefits Reaches $1.1B Valuation After Recapitalization
What You Should Know: – Philips announces the acquisition of Capsule, a leading vendor-neutral Medical Device Integration Platform with a software-as-a-service business model – The Capsule acquisition is a strong fit with Philips’ strategy to transform the delivery of healthcare along the health continuum with… Read More »Philips Acquires Medical Device Integration Platform Capsule for $635M
Travis Dalton Dan Devers Cerner announced some leadership changes promoting long-time associates Travis Dalton to Chief Client & Services Officer and Dan Devers to Chief Legal Counsel. After long, respected, meaningful careers at Cerner, John Peterzalek and Randy Sims will be departing. Cognoa, the leading pediatric behavioral health… Read More »Cerner Leadership Changes, Other Key Executives Hires
A group of organizations have come together to work on a solution that will provide digital access to Covid-19 vaccination records. As the country eyes a challenging transition to the new normal, a verifiable vaccine record will be necessary to ensure individual and community safety.
What You Should Know: – QGenda has acquired Shift Admin, an industry-recognized leader for shift-based specialties including emergency medicine, urgent care, and hospital medicine. With the industry-leading scheduling technology for all specialties across the healthcare delivery system, QGenda’s technology will ensure care is available for… Read More »QGenda Acquires Automated Provider Scheduling Platform Shift Admin – M&A
What You Should Know: – DTx and Patient Support leaders, Amalgam Rx, Inc., announce the acquisition of Avhana Health, a privately-held clinical decision support (CDS) company. Amalgam Rx, Inc., a Wilmington, DE-based Digital Therapeutics and Patient Support company, announces the acquisition of Avhana Health, a… Read More »Amalgam Rx Acquires Clinical Decision Support Platform Avhana Health – M&A
What You Should Know: – MEDITECH launches a web-based Quick Vaccination solution enabling healthcare organizations to efficiently administer the vaccine to their patients from multiple care venues, including through tablet devices. – With Quick Vaccination, healthcare organizations have the speed and mobility to distribute the… Read More »MEDITECH Launches Quick Vaccination Solution to Streamline COVID-19 Vaccination Process
Meditech continues to hold the largest EMR market share in Canada, but it is losing customers — mostly to Epic, which has seen a rapid rise in popularity, a new KLAS report shows. The report delves into market share data and customer satisfaction insights to… Read More »Epic v Cerner v Meditech v Allscripts: Who is winning Canada’s EHR Battle?
Across the globe, countries are making significant investments and advancements to promote the movement of electronic health information. Global health information technology (health IT) leaders are working collaboratively to develop, implement, and share best practices with other nations about projects that advance key elements of… Read More »Global Partnership Leads the Way to Advance Digital Health
Partners David McClellan, Rock Morphis, Paul Wallace (Left to Right) What You Should Know: – Healthcare private equity firm Heritage Group launches a $300M fund to invest in high-growth healthcare services and technology companies. – Heritage is backed by some of the leading healthcare organizations… Read More »Healthcare PE Firm Heritage Group Launches $317M Health Tech Fund
During a panel discussion at the J.P. Morgan Healthcare Conference, three physicians from Stanford Medicine discussed the investment opportunities that can help accelerate innovation in healthcare in the coming year.
What You Should Know: – The ONC released the first ONC Standards Bulletin, a new communication tool ONC will use to periodically update the healthcare industry about ONC health IT standards and policy initiatives. – Based on a HITAC recommendation, the Bulletin is part of… Read More »ONC Issues First Health IT Standards Bulletin Discussing USCDI & SVAP
What You Should Know: – Modernizing Medicine announced it has acquired orthopedics EHR vendor Exscribe bringing together two of the healthcare industry’s leading, all-in-one orthopedic EHR vendors. – As part of the acquisition, Exscribe Founder and CEO, Dr. Sachdev and other members of the Exscribe… Read More »Modernizing Medicine Acquires Orthopedic EHR Platform Exscribe – M&A
John Frownfelter, MD, FACP, Chief Medical Information Officer at Jvion A century ago, X-rays transformed medicine forever. For the first time, doctors could see inside the human body, without invasive surgeries. The technology was so revolutionary that in the last 100 years, radiology departments have… Read More »Why Hospitals Should Act Now to Create Clinical AI Departments
What You Should Know: – Shields Health Solutions and Excelera announce a major specialty pharmacy merger that will form a combined company that consults with 700+ hospitals in 43 states, including Mass General Brigham, Yale New Haven, Intermountain Healthcare and Henry Ford. – The network… Read More »Shields Health Solutions, ExceleraRx Announce Specialty Pharmacy Merger – M&A
What You Should Know: – Central Logic acquires Acuity Link to power the company’s Intelligent Transport capabilities, speeding time to care in the best setting. – In addition, the company rolls out a new interoperable Bed Visibility capability that offers a real-time snapshot into available… Read More »Central Logic Acquires Acuity Link for Intelligent Transport Capabilities – M&A
What You Should Know: – Net Health acquires post-acute market analytics platform PointRight to deepen the company’s analytics capabilities, post-acute presence, and support for SNF networks. Net Health, a provider of cloud-based software for specialty medical providers across the continuum of care, today announced that… Read More »Net Health Acquires Post-Acute Analytics Platform PointRight – M&A
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
Jonathan Siddharth, co-founder and CEO of Turing, talks about how the company provides access to a global pool of 170,000 talented software engineers in more than 50 countries to support the healthcare industry and other sectors.
In an increasingly crowded landscape, digital health startups must figure out what sets them apart. Three startup leaders shared what differentiates their companies from the competition at this year’s J.P. Morgan Healthcare Conference.
What You Should Know: – Nuance Communications, Inc. launched an AI-powered patient engagement virtual assistant platform to transform omnichannel digital experiences for patients. – Healthcare provider organizations can now deploy a single, common cloud-based platform to support their entire patient journey across engagement channels using… Read More »Nuance Launches AI-Powered Patient Engagement Virtual Assistant Platform
A Path Toward Further Clinical and Administrative Data Integration: Health IT Advisory Committee Makes Recommendations to Reduce Burden and Improve Care
The Health Information Technology Advisory Committee (HITAC) recently approved a report and set of recommendations developed by the Intersection of Clinical and Administrative Data (ICAD) Task Force. The ICAD Task Force was established to produce information and considerations related to the merging of clinical and… Read More »A Path Toward Further Clinical and Administrative Data Integration: Health IT Advisory Committee Makes Recommendations to Reduce Burden and Improve Care
The next chapter of value-based care should measure engagement like our lives depend on it. We should unleash the power and convenience of digital tools to move the needle on value-based care.
What You Should Know: – COVID-19 care deferrals lead to three major boomerang conditions that payers and providers must proactively address in 2021, according to a newly released report by Prealize. – COVID-19’s hidden victims—those who avoided or deferred care during the pandemic—will increasingly return… Read More »COVID-19 Deferrals Lead to 3 Major Conditions Payers/Providers Must Address in 2021
Read about news from healthcare startups including Carrum Health, Aspen RxHealth and more.
A new report, from cybersecurity firm Fortified Health Security, shows that nearly 200 more data breaches occurred in the first 10 months of 2020 compared with the year prior — around 80% of which targeted providers.
Optum, a subsidiary of insurance giant UnitedHealth Group, agreed to buy healthcare technology company Change Healthcare for $13.5 billion in cash. The acquisition will add data analytics, research and revenue cycle management offerings to Optum’s service roster.
What You Should Know: – TigerConnect has announced an expansion in their suite through the acquisition of Critical Alert, a leading provider of enterprise-grade middleware for hospitals and health systems. – For the hundreds of thousands of nurses that currently use TigerConnect, these new capabilities… Read More »M&A: TigerConnect Acquires Hospital Middleware Solution Critical Alert
What You Should Know: – UnitedHealth Group has reached an agreement to acquire Change Healthcare in a deal valued at more than $13 billion, marking the first major acquisition of 2021. – Change Healthcare will be combined with OptumInsight to advance a more modern, information,… Read More »UnitedHealth Group Acquires Change Healthcare to Combine with OptumInsight for $13B
Cone Health’s Green Valley Campus What You Should Know: – Cone Health transforms its maternity campus into North Carolina’s first designated COVID-19 hospital in 28 days. Cone Health transformed its former women’s health campus into a designated COVID-19 hospital in 28 days. Using teamwork and technology, the Cone Health Green Valley campus in Greensboro, North… Read More »Cone Health Transforms Maternity Campus into COVID-19 Only Hospital in 28 Days
Through the new partnership, Redox — which connects EHRs to healthcare products and services — will make Withings’ remote patient monitoring solution compatible with nearly all EHRs used by physicians and hospitals.
Behind the scenes: How health systems, EHR vendors will give patients unprecedented access to their data
Health systems and EHR vendors have been working for months to comply with the ONC’s final rule on interoperability and information blocking that goes into effect in April and is expected to grant patients unprecedented access to their health information. Here is a look at… Read More »Behind the scenes: How health systems, EHR vendors will give patients unprecedented access to their data
Scott Galbari, CTO, Lyniate Drew Ivan, Chief Product and Strategy Officer, Lyniate Healthcare data security has been a growing concern for CIOs for the last year or so, as hackers are increasingly targeting health information. Now, with a global pandemic forcing a shift to telemedicine… Read More »CIO: 3 Rules for Meeting ONC/CMS Interoperability, While Improving Cybersecurity
If there is any lesson to be drawn from 2020, it’s that making predictions for the year ahead is an act of hubris. Despite that, some clear trends have emerged.
As we close out the year, we asked several healthcare executives to share their predictions and trends for 2021. Kimberly Powell, Vice President & General Manager, NVIDIA Healthcare Federated Learning: The clinical community will increase their use of federated learning approaches to build robust AI models across various… Read More »30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021
Donovan Quill, President and CEO, Optime Care Industry experts state that orphan drugs will be a major trend to watch in the years ahead, accounting for almost 40% of the Food and Drug Administration approvals this year. This market has become more competitive in the past few years,… Read More »Patient-First Model: High Tech Meets High Touch for Individuals with Rare Disorders
An API-first approach supports low-code solutions, and that is of immense value to healthcare facilities right now.
In a wide-ranging interview with MedCity News, Cerner CommunityWorks President Mitchell Clark discussed the healthcare challenges facing rural communities amid the Covid-19 pandemic and the company’s new free offering that aims to support rural telehealth.
A video from the conference spotlights startup pitches and Q&A with judges in the Life Science track of the Pitch Perfect contest.
What You Should Know: – Healthcare technology company Forcura names the five most significant trends for the post-acute care industry in 2021. The post-acute care (PAC) sector saw some of its most profound challenges this year, from deadly COVID-19 outbreaks in skilled nursing facilities (SNFs)… Read More »5 Post-Acute Care Industry Trends to Watch in 2021
A video from the conference spotlights startup pitches with Q&A from judges in the Health IT track of the Pitch Perfect contest.
A Bass Berry & Sims-hosted panel looks back at 2020 and forward to 2021.
Healthcare leaders can continue to wait for the government to enact and enforce IT changes that may or may not serve the needs of clinicians. Or, they can embrace proven solutions today that make their EHRs a bit more like a good butler – and… Read More »Making EHRs more like a butler by serving the needs of clinicians
Covid-19 made an already challenging healthcare system even harder to navigate. If we want the industry to come back stronger than before, then we must ask ourselves, “What is healthcare’s next act?”
An email hacking incident exposed the information of close to 500,000 Aetna health plan members, the payer reported to HHS last week. The incident occurred when an unauthorized person gained access to an email account of Aetna’s vision benefit services provider.
John Harrison, Chief Commercial Officer of Concord Technologies Communication problems and inadequate information flow are two of the most common root causes of medical errors. The potential for miscommunication and faulty exchange of information in healthcare is substantial. Consider: patient information is dispersed among multiple… Read More »Gaps in Clinical Communication, Document Exchange Lead to Gaps in Care
What You Should Know: – Service commerce platform EverCommerce acquires Dublin, OH-based Updox, a healthcare communication platform for in-person and virtual care. – The acquisition expands EverCommerce’s health services portfolio and enables the companies to further their shared goal of simplifying the business of healthcare… Read More »M&A: EverCommerce Acquires Healthcare Communication Platform Updox
What You Should Know: – The governor of Virginia announced that the state will allocate $10 million from the federal CARES Act to implement a statewide integrated technology platform, Unite Virginia designed to connect vulnerable Virginians to crucial health and social services. – Unite Virginia will utilize the Unite Us platform to create a statewide coordinated care network to… Read More »Virginia Gov Announces $10M in CARES Act Funding to Create Statewide Coordinated Care Network
What You Should Know: – The American Medical Association (AMA) announced the addition of three Current Procedural Terminology (CPT) codes for AstraZeneca’s COVID-19 vaccine. The American Medical Association (AMA) today announced that the Current Procedural Terminology (CPT®) code set is being updated by the CPT Editorial Panel… Read More »AMA Adds 3 Additional CPT Codes for AstraZeneca’s COVID-19 Vaccine
With the new funds, the health data optimization and interoperability company will invest in product development. The latest funding round was led by Centene Corp.
How Proposed Implementation Specifications for Application Programming Interfaces Would Help to Further Reduce Burden
On December 10, 2020, the Department of Health and Human Services released a notice of proposed rulemaking Reducing Provider and Patient Burden by Improving Prior Authorization Processes, and Promoting Patients’ Electronic Access to Health Information, which builds on the Centers for Medicare & Medicaid Services’… Read More »How Proposed Implementation Specifications for Application Programming Interfaces Would Help to Further Reduce Burden
Catherine Thomas: Co-Founder and VP, Customer Engagement, careMESH Peter Tippett MD, PhD: Founder and CEO, careMESH A recent Advisory Board briefing examined the annual Centers for Medicare & Medicaid Services (CMS) Readmission penalties. Of the 3,080 hospitals CMS evaluated, 83% received a penalty for payments to… Read More »For Better Patient Care Coordination, We Need Seamless Digital Communications
The CEO of Surescripts shares his predictions for the health IT segment that include policy and technology projections.
The academic medical center collaborated with GE Healthcare to set up the first virtual intensive care unit program in the state, which will help the organization extend its critical care expertise across rural areas and manage bed capacity amid climbing Covid-19 cases.
What You Should Know: – Highmark Health signs six-year strategic partnership agreement with Google Cloud to transform the health experience for patients and caregivers through the development of Highmark Health’s new Living Health Model – The Living Health model is designed to eliminate the fragmentation… Read More »Highmark Inks 6-Year Partnership with Google Cloud to Power Living Health Model
The insurer, which also owns Allegheny Health Network, struck a six-year strategic partnership with Google Cloud, which includes building out a new platform to help better manage patient care.
What You Should Know: – Kyruus is acquiring HealthSparq from Cambia Health Solutions, a family of more than 20 companies working to make healthcare more economically sustainable and efficient for people and their families. – HealthSparq is a healthcare guidance and transparency technology company serving… Read More »M&A: Kyruus Acquires HealthSparq from Cambia Health Solutions
What You Should Know: – H1, the largest database of information on every doctor in the world raises $58M in Series B funding, just six months after raising its Series A round during the pandemic. – H1 is the largest database in the world connecting… Read More »H1 Secures $58M to Expand Global Healthcare Data Platform
What You Should Know: – CybelAngel tools scanned approximately 4.3 billion IP addresses and detected more than 45 million unique medical images left exposed on over 2,140 unprotected servers across 67 countries including the US, UK, and Germany. – The report highlights the security risks… Read More »More Than 45 Million Medical Images Are Openly Accessible Online
What You Should Know: – With ICU beds near capacity across the United States, GE Healthcare announced a strategic partnership with Oregon Health and Science University (OHSU) that will allow OHSU to oversee and help provide care to ICU patients across eight hospital sites via… Read More »OHSU to Deploy Virtual ICU Across 8 Sites to Extend Care to Patients in Rural Communities
The EHR giant is planning to buy Kantar Health, which provides data, analytics and research to the life sciences industry. Through the acquisition, Cerner aims to provide its clients with more access to data analytics and research expertise and engagement with life sciences companies.
The health technology company raised a whopping $130 million in a Series D funding round. Its solutions aim to improve operational efficiency and better manage patient volume through predictive analytics, a growing need for providers as Covid-19 cases rise.
What You Should Know: – Cerner announces it will acquire Kantar Health, a leading data, analytics, and real-world evidence and commercial research consultancy serving the life science and health care industry. – This acquisition is expected to allow Cerner’s Learning Health Network client consortium and… Read More »M&A: Cerner to Acquire Health Division of Kantar for $375M in Cash
Mayo Clinic Researchers to Validate Interoperability of Encrypted Algorithms and Training on Encrypted Data
What You Should Know: – Mayo Clinic researchers are collaborating with TripleBlind on next generation algorithm sharing and training on encrypted data. – TripleBlind’s solution functions as the innovative data encryption conduit that keeps the data and intellectual property in the algorithm secure. TripleBlind announced today… Read More »Mayo Clinic Researchers to Validate Interoperability of Encrypted Algorithms and Training on Encrypted Data
What You Should Know: – Innovaccer partners with SyTrue to uncover powerful insights and accelerate its efforts to drive healthcare’s digital transformation. – The integration of SyTrue’s proprietary NLP OS with Innovaccer’s FHIR-enabled Data Activation Platform will empower healthcare organizations to identify diagnosis codes and… Read More »Innovaccer, SyTrue Partner to Generate Actionable Insights from Healthcare Data
There judges selected two winners — one in the Health IT track, another in the Life Science track.
Amazon Web Services rolled out a new tool, called Amazon HealthLake, to help healthcare and life sciences companies manage their data. The goal is to make it easier for companies to search their data and perform analysis on it.
Xealth and Cerner had been working together after the health IT vendor invested in Xealth earlier this year. The companies brought on Banner Health as their first client.
The technology provider for independent primary care practices plans to use the new funds to further invest in its core platform and add new solutions, such as billing and patient collections capabilities.
What You Should Know: – HealthStream acquires substantially all of the assets of myClinicalExchange LLC, for approximately $4.5 million in cash. – For the first time, HealthStream’s footprint expands to include the healthcare workforce before graduation, providing new opportunities to make the transition-to-practice by medical,… Read More »M&A: HealthStream Acquires myClinicalExchange for $4.5M in Cash
What You Should Know: – Cerner Corporation today announced with Xealth new centralized digital ordering and monitoring for health systems, starting with Banner Health, to foster digital innovation. – Health systems can prescribe digital therapeutics, smartphones, and internet apps directly within the EHR to address… Read More »Cerner, Banner Health, Xealth Partner to Simplify How Clinicians Prescribe Digital Health
The COVID-19 Vaccination Assistant will provide information about the new vaccines to help allay fears among the U.S. public. It will also help people schedule their vaccinations and connect them with rideshare services to make it to their appointment.
What You Should Know: – Elation Health, which provides an easy-to-use and affordable clinical technology platform for more than 7 million independent primary care clinicians serving 14M+ patients – including an EHR raises $40M in Series C funding from Al Gore’s sustainable investment firm, Generation… Read More »Elation Health Nabs $40M for Clinical-First Solution to Power Independent Primary Care
What You Should Know: – LeanTaaS raises $130 million in Series D Funding to strengthen its machine learning platform to continue helping hospitals achieve operational excellence during a time where they are facing mounting financial pressures due to COVID-19. – LeanTaaS provides software solutions that… Read More »LeenTaaS Secures $130M for ML Platform to Help Hospitals Achieve Operational Excellence
As healthcare systems strive to recover from losses due to the pandemic, patient acquisition and retention have never been more urgent, and patient experience has never been more critical. A new guide from Bright.MD offers a digital checklist on how to improve the patient experience.
The second day of INVEST Precision Medicine includes presentations by healthcare companies in the Health IT track of the Pitch Perfect startup pitch contest, a panel discussion on interoperability and a panel discussion on building a bioinnovation hub. Register today!