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Archives for 2021

athenahealth integrates Nuance’s Dragon Medical to Reduce Documentation Time

by Fred Pennic 05/17/2021 Leave a Comment

athenahealth integrates Nuance’s Dragon Medical to Reduce Documentation Time

What You Should Know: - athenahealth and Nuance® Communications announced the integration of Nuance’s cloud-based speech and virtual assistant technology, Dragon® Medical, into the athenaOne® EHR and Mobile App. - 94 percent of clinicians believe speech recognition and virtual assistant technology will improve the ability to document care. Meeting the needs of clinicians everywhere, athenaOne Dictation users can now take advantage of fully
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Mednax Taps R1 for Enterprise Revenue Cycle Management Services

by Fred Pennic 05/17/2021 Leave a Comment

Mednax Taps R1 for Enterprise Revenue Cycle Management Services

What You Should Know: - R1 RCM Inc., a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, and Mednax, Inc., a national medical group specializing in prenatal, neonatal and pediatric services, have entered into an agreement that will make R1 the primary provider of enterprise revenue cycle management services for Mednax. - The agreement is expected to bolster the overall patient experience and optimize
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Talking about Cybersecurity Vulnerabilities in Medical Devices Shouldn’t be Taboo

by Nastassia Tamari, Director of Information Security Operations for BD 05/17/2021 Leave a Comment

Talking about Cybersecurity Vulnerabilities in Medical Devices Shouldn’t be Taboo

According to the National Vulnerability Database, 18,353 vulnerabilities were reported in 2020. That’s nearly three times the volume of vulnerabilities reported five years ago, and higher than any year in the previous two decades. Given the rise in connected devices, this increase is not entirely unexpected. If that’s the case, shouldn’t we be seeing more vulnerability disclosures related to medical devices?  The U.S. Department of Homeland Security Cybersecurity and Infrastructure
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Frontline Workers Need New Approaches to Treat COVID-19-Related Mental Health Issues

by Robert Cuyler, PhD, Chief Clinical Officer at Freespira 05/14/2021 Leave a Comment

We’ve long known that the coronavirus pandemic would dramatically impact the mental health of health care professionals and the general population. But just how many of us have been impacted is stunning. Fully 41% of Americans reported at least one adverse mental or behavioral health condition associated with Covid-19, according to the Centers for Disease Control and Prevention. Essential workers had the highest reported rates of adverse mental health outcomes compared to all other
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Cedar Acquires OODA Health for $425M to Power Healthcare Financial Tech Platform

by Fred Pennic 05/13/2021 Leave a Comment

Cedar Acquires OODA Health for $425M to Transform Healthare Financial Experience

What You Should Know: - Cedar, a healthcare financial technology platform, today announced it has entered into a definitive agreement to acquire OODA Health, a healthcare technology company focused on improving the healthcare administrative experience with payers and providers, for $425M. - By bringing together providers and payers onto one healthcare financial technology platform, Cedar will be the only complete solution to address the full set of challenges consumers face when paying for
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Why Healthcare Data Won’t Magically Create Value-Based Care

by Irv Lichtenwald , CEO of Medsphere Systems Corporation 05/13/2021 Leave a Comment

Medsphere CEO Talks Affordable Healthcare IT and Future of EHRs

The conversation about transitioning the American healthcare system from fee for service (FFS) to value-based care (aka, pay for performance) has been going on for more than 15 years. Still, it felt like time travel to come across a Health Affairs book review from 2006 by the late Princeton Professor Uwe Reinhardt that could have been written last month. In evaluating what he describes as the “utopian vision” laid out in Michael Porter and Elizabeth Teisberg’s Redefining Health
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EHR Adoption is Essential for Outpatient Surgery to Remain Relevant in Managed Care

by Tara Vail, Chief Growth Officer at HST Pathways 05/13/2021 Leave a Comment

EHR Adoption ASCs Managed Care Outpatient Surgery

In 2009, hospitals and doctors were given financial incentives to adopt electronic health records (EHRs) through the Health Information Technology for Economic and Clinical Health (HITECH) Act. Ambulatory surgery centers (ASCs) were not eligible for these funds, and were therefore not incentivized like the rest of the healthcare system to implement the technology. The consequence of that differentiation is that the majority of ASCs are still charting on paper, even while the rest of the health
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Cue Health Raises $235M to Scale Connected, Molecular Diagnostic System

by Fred Pennic 05/13/2021 Leave a Comment

Cue Health

 What You Should Know: - Cue Health Inc., a health technology company, today announced the closing of a $235 million private financing round. The investment includes participation from new investors Perceptive Advisors, MSD Capital, and Koch Strategic Platforms, a subsidiary of Koch Industries, existing investors Johnson & Johnson Innovation – JJDC, Inc. (JJDC), Decheng Capital, CAVU Ventures, ACME Capital, and others. - In March, the FDA granted Emergency Use Authorization for
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VillageMD Becomes Largest Sponsor for CMS New Direct Contracting Program

by Jasmine Pennic 05/13/2021 Leave a Comment

VillageMD Becomes Largest Sponsor for CMS New Direct Contracting Program

What You Should Know: - U.S. Centers for Medicare and Medicaid Services (CMS) launched its new Direct Contract program this month through its Primary Care initiative and VillageMD is the largest participating sponsor. VillageMD estimates it will serve more than 56,000 patients through its growing footprint of Village Medical primary care clinics, in eight states, including Arizona, Georgia, Illinois, Indiana, Kentucky, Michigan, New Hampshire and Texas.  - This new Direct Contracting
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Perceptive Advisors Closes $515M Early-Stage Biotech Fund

by Jasmine Pennic 05/13/2021 Leave a Comment

What You Should Know: - Perceptive Advisors and biotech accelerator Xontogeny, focused on seed investment, incubation and collaboration, have raised their second venture capital fund, the Perceptive Xontogeny Ventures Fund II (PXV Fund II), totaling an over-subscribed $515 million. This more than triples Assets Under Management to more than $700M in less than two years. - The
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