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Archives for 2021

3 Barriers Stalling AI Adoption in Revenue Cycle Management

by Kenya Smith, Healthcare Solution Marketing Manager at ABBYY 03/30/2021 Leave a Comment

3 Barriers to AI Adoption in Revenue Cycle Management

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 business today.  Adoption of AI in healthcare is growing, but there are still barriers to overcome AI can be defined in many ways but, broadly, it is the ability of a machine to perform cognitive functions we associate with human minds, such as
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ProPhase Labs Acquires Digital COVID-19 Vaccination Passport

by Fred Pennic 03/30/2021 Leave a Comment

ProPhase Labs Acquires Digital Covid Vaccination and Testing “Passport” Solution

What You Should Know: - ProPhase Labs, Inc., a diversified medical science and technology company, announced today that it has acquired the “VaccTrack” suite of digital solutions that can provide secure and reliable certification of a user’s vaccination and Covid testing results. - A digital vaccination certificate, or “passport” is based on a mobile app that confirms that a user has been vaccinated against Covid-19, or, if the user has been tested for Covid-19, can confirm the test
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Marpai Health Acquires Continental Benefits to Launch First Smart Health Plan System

by Jasmine Pennic 03/30/2021 Leave a Comment

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 live healthier lives. The transaction is expected to close in April 2021. - Continental Benefits, owned by Damien Lamendola, is a
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Omega Healthcare Acquires himagine Solutions to Expand Global Delivery Model

by Jasmine Pennic 03/29/2021 Leave a Comment

Omega Healthcare Acquires himagine Solutions to Expand Global Delivery Model

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 the ability to service clients globally. - Through this acquisition Omega Healthcare will be
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Next-Generation Cloud Storage: Enabling Collaboration & Analytics for Pharma Research

by Russ Kennedy, Chief Product Officer, Nasuni 03/29/2021 Leave a Comment

Next-Generation Cloud Storage: Enabling Collaboration & Analytics for Pharma Research

Pharmaceutical companies today are distributed, global organizations, with research centers, manufacturing facilities, and regulatory management hubs spread all over the globe. To develop new treatments and bring them to market, all of these different functions need to collaborate more closely than ever. Using traditional, on-premises storage technologies, however, makes it difficult to share data quickly and securely, especially given that the research and manufacturing process can generate
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UK ED Dept. Shows Poor Usability for Major EHRs, Survey Finds

by Fred Pennic 03/29/2021 Leave a Comment

EHR Optimization EHRs Meaningful Use Stage 3_Ambulatory EHR_Specialty-Driven EHRs

What You Should Know: - Emergency doctors in the UK have said many electronic health records (EHRs) in use are close to being unacceptable, and this is likely to be having a negative impact on patient care. A national survey of more than 1500 members and fellows of the Royal College of Emergency Medicine ranked the usability of the major EHRs in use across the UK. All fell short of internationally recognized usability standards. It led NHS CCIO Simon Eccles to remark that 'too little
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To Advance Health Equity, Put Real-World Cancer Data to Work

by Dr. Robert S. Miller, Medical Director of CancerLinQ 03/26/2021 Leave a Comment

To Advance Health Equity, Put Real-World Cancer Data to Work

Despite decades of scientific progress against cancer, access to treatment remains highly unequal. Some of the reasons — like institutional racism and poverty — are a reflection of our broader society. Other inequities may go unrecognized but are no less damaging. People with underlying health conditions, for example, may be excluded from clinical trials, preventing them from accessing leading-edge treatments and limiting the evidence available to guide their care. With multiple drivers of
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Why Families Need the Closure Whole Genome Sequencing Provides

by Haim Neerman, CEO of Variantyx 03/25/2021 Leave a Comment

Why Families Need the Closure Whole Genome Sequencing Provides

For medical practitioners expertly trained in the scientific methods of discovery, having a young patient with serious health complications from an undiagnosed condition is about as somber and frustrating as it gets. These feelings are only magnified for parents of the patient, especially when searching for a diagnosis can go on for years. This is the essence of what is known as the “diagnostic odyssey.” Honing in on a rare disease diagnosis involves thorough medical history evaluations,
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How the Pandemic is Accelerating the Shift to Alternative Care Delivery Models

by Mark Prather MD, MBA, CEO & Co-founder at DispatchHealth 03/24/2021 Leave a Comment

How the Pandemic is Accelerating the Shift to Alternative Care Delivery Models

The COVID-19 pandemic has transformed how we interact with one another, with businesses, and with the world around us. From social distancing to hand sanitation to remote working, its impact on society is immense. And among the various industries that are experiencing significant change as a result of the pandemic, healthcare tops the list. Supply chain disruptions, crowded ICUs and exhausted medical staff has taken a toll on hospitals and clinics — and they’ve had to pivot rapidly to new
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NeoGenomics Acquires Precision Oncology Platform Trapelo Health for $65M

by Fred Pennic 03/24/2021 Leave a Comment

NeoGenomics Acquires Precision Oncology Platform Trapelo Health for $65M

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 million in cash on hand and $30 million in NeoGenomics common stock and is expected to close in April 2021. - Trapelo Health offers a first-of-its-kind, interoperable, decision-support
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