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Archives for 2021

FCC Unveils 14 Initial Projects Selected for $100M Connected Care Pilot Program

by Fred Pennic 01/15/2021 Leave a Comment

FCC COVID-19 Telehealth Program Providers

What You Should Know: - FCC announces initial 14 pilot project selected for $100M Connected Care Pilot Program that will support connected care service across the country and focus on low-income and veteran patients. The Federal Communications Commission (FCC) today announced an initial set of 14 pilot projects with over 150 treatment sites in 11 states that have been selected for the Connected Care Pilot Program.  A total of $26.6 million will be awarded to these applicants for
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Solving the 50-Year-Old EHR’s Midlife Crisis: How Platform EHRs are Finally Delivering Clinical Intelligence

by Baha Zeidan, CEO Azalea Health 01/15/2021 Leave a Comment

Solving the 50-Year-Old EHR’s Midlife Crisis: How Platform EHRs are Finally Delivering Clinical Intelligence

Over its first 50 years in existence, how did the EHR lose its way? Given that EHR adoption doubled between 2007 and 2012 and EHR expenditures in the United States grew an annual average of 5.4% from 2015 to 2019, totaling $14.5 billion in 2019, this may sound like a strange question to ask. But it’s earnest, and asking it acknowledges that electronic health records, first conceived and implemented during the presidential administrations of Lyndon Johnson and Richard Nixon, haven’t lived up
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CVS Health Launches Senior Medical Alert System, Symphony

by Jasmine Pennic 01/14/2021 Leave a Comment

CVS Health Launches Senior Medical Alert System, Symphony

What You Should Know: - Today, CVS Health announced Symphony, a medical alert system designed to keep seniors safe and connected at home. - Symphony consists of a collection of in-home and wearable devices that offer a new at-home experience by connecting a suite of sensors that can monitor for falls, motion, and room temperature while also providing a 24/7 personal emergency response platform for use when needed. CVS Health, today announced the release of Symphony medical alert
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Amalgam Rx Acquires Clinical Decision Support Platform Avhana Health – M&A

by Jasmine Pennic 01/14/2021 Leave a Comment

Amalgam Rx Acquires Clinical Decision Support Platform Avhana Health

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 privately held clinical decision support (CDS) company, which has deep integrations with the leading electronic health records (EHR). As part of the acquisition, Amalgam Rx will
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MEDITECH Launches Quick Vaccination Solution to Streamline COVID-19 Vaccination Process

by Fred Pennic 01/14/2021 Leave a Comment

20 COVID-19 Predictions and Trends for 2021 - Executive Roundup

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 vaccine at high-volume locations, including pop-up inoculation sites. To accelerate healthcare organizations’ administration of the COVID-19 vaccine,
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Lumiata Nabs $14M to Scale Healthcare Specific AI Platform

by Fred Pennic 01/14/2021 Leave a Comment

Lumiata Nabs $14M to Scale Healthcare Specific AI Platform

What You Should Know: - Healthcare specific AI platform Lumiata raises $14M to scale its enterprise-grade AI platform and invest in customer acquisition and success. - No-code products speedily predict underwriting and actuarial factors enabling extreme risk reduction and cost savings for healthcare companies. Lumiata, a San Mateo, CA-based provider of AI-powered health analytics for managing cost and risk, today announced it has raised $14 million in Series B
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Healthcare PE Firm Heritage Group Launches $300M Health Tech Fund

by Fred Pennic 01/14/2021 Leave a Comment

Heritage Group

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 in the nation, including large provider systems, payers, and healthcare service providers. Heritage Group, a Nashville, TN-based healthcare-focused private equity firm, today announced the closing of over $300 million in its oversubscribed third fund, an
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Provider Strategies for Mitigating Telehealth Fraud & Abuse in 2021

by Dr. Gary Call, Chief Medical Officer at HMS 01/14/2021 Leave a Comment

Provider Strategies for Mitigating Telehealth Fraud & Abuse in 2021

As healthcare spending continues to rise, so too does the inherent risk for bad actors to take advantage. Today, the United States is estimated to spend nearly 18 percent of its GDP, or $3.6 trillion, on healthcare, and is expected to increase to one-fifth of GDP within the next decade, according to the latest data. This alone provides ample motivation for fraud and abuse. While the full extent of healthcare fraud is difficult to measure, The National Health Care Anti-Fraud Association
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How COVID-19 Reshaped Healthcare Consumerism & 4 Key Trends to Know for 2021

by Fred Pennic 01/13/2021 Leave a Comment

How-COVID-19-Reshaped-Healthcare-Consumerism-4-Key-Trends-to-Know-for-2021

What You Should Know: - NRC Health today released its 2021 Healthcare Consumer Trends Report, which surveyed 2 million healthcare consumers against the backdrop of the ongoing coronavirus pandemic. - The latest report highlights the major trends that came to light last year, and how they will continue to impact the healthcare industry in 2021 and beyond - from declining brand loyalty, increased care deferment, the fast adoption of telehealth, a rise in wearable tech, and a broader focus
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ONC Issues First Health IT Standards Bulletin Discussing USCDI & SVAP

by Jasmine Pennic 01/13/2021 Leave a Comment

ONC Issues First Health IT Standards Bulletin Discussing USCDI & SVAP

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 the ONC’s ongoing efforts to communicate, coordinate, and promote the adoption and use of health IT standards to facilitate the access, exchange, and use of electronic health information. - The inaugural ONC
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