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Fred Pennic

1UpHealth Named Winner of HHS Secure API Server Showdown Challenge

by Fred Pennic 05/17/2018 Leave a Comment

1UpHealth Named Winner of HHS Secure API Server Showdown Challenge

The Department of Health and Human Service’s Office of the National Coordinator for Health Information Technology (ONC), today announced that 1UpHealth is the Stage 2 winner of the “Secure API Server Showdown” Challenge.Application programming interfaces (APIs) are technology that allow one software program to access the services provided by another software program. The 21st Century Cures Act calls for the development of APIs that do not require “special effort” for developers to access and
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Global Healthcare Cybersecurity Spending Expected to Exceed $65B Over 5 Years

by Fred Pennic 05/16/2018 Leave a Comment

Global Healthcare Cybersecurity Spending Expected to Exceed $65B Over 5 Years_Security Data Breaches_Ransomware

Global healthcare cybersecurity spending is expected to exceed over $65 billion dollars over the next five years, according to Black Book’s annual healthcare cybersecurity survey. According to 88 percent of hospital representatives surveyed, IT security budgets have remained level since 2016. As a percentage of IT organizational budgets, cybersecurity has decreased to about three percent of the total annual IT spend.Budget constraints have encumbered the practice of replacing legacy software and
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KLAS Report Reveals 3 Core Barriers to NHS Interoperability in England

by Fred Pennic 05/15/2018 Leave a Comment

KLAS: NHS Interoperability in England Improving Care but Facing Barriers

Electronic patient record interoperability in NHS England is benefiting patient care but facing substantial barriers, according to a new KLAS report. NHS England’s Five-Year Forward View and the National Information Board’s response have thrust interoperable systems into the national spotlight in England, including the development of a Local Health and Care Record Exemplar program. This report represents KLAS’ first look at interoperability within the NHS. The report, NHS Interoperability 2018:
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Genoox Raises $6M to Bring Clinical Genomics to U.S. Medical Centers

by Fred Pennic 05/15/2018 Leave a Comment

Genoox Raises $6M to Bring Clinical Genomics to U.S. Medical Centers

Genoox, a genomic analysis startup making it easier for doctors, clinicians and researchers to analyze and act on genetic sequencing results by applying various clinical applications has announced a $6 million investment today, led by Triventures and joined by Inimiti Capital Partners and Glilot Capital Partners. Genetic analysis takes other systems hours, but takes Genoox minutes, enabling clinical genomics to become available to millions who don’t have access to top 10 academic centers.Founded
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Methodist Health Systems Taps VisitPay for Patient’s Financial Experience Platform

by Fred Pennic 05/15/2018 Leave a Comment

Methodist Health System in Dallas has selected VisitPay to deploy its market-leading, cloud-based patient financial experience platform. The solution will provide Methodist patients with a simplified billing experience and more flexible financing options tailored to their specific needs. Through VisitPay, patients will have access to a Methodist-branded portal that displays a comprehensive accounting of their financial responsibilities. This helps patients understand what they owe and provides
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Qventus Lands $30M to Expand AI Platform for Hospital Operations

by Fred Pennic 05/14/2018 Leave a Comment

Qventus

Qventus, a hospital operations management solution for health systems that leverages artificial intelligence (AI), announced that it has secured $30M in Series B funding led by Bessemer Venture Partners, with participation from NewYork-Presbyterian Hospital as well as existing investors Mayfield Fund and Norwest Venture Partners. The funding comes at a time when health systems are struggling to provide services to their communities at sustainable margins. The company, which has now raised over
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Cumberland Consulting Group Acquires LinkEHR to Expand Managed Services Practice

by Fred Pennic 05/14/2018 Leave a Comment

Cumberland Consulting Group Acquires LinkEHR to Expand Managed Services Practice

Health IT consulting firm Cumberland Consulting Group has acquired LinkEHR, a Madison, WI-based EHR-focused managed services firm specializing in Tier 1, 2 and 3 application support for health systems. Today’s announcement marks the firm’s fourth acquisition in just under five years.LinkEHR provides remote application support, including Epic Help Desk services, application break-fix and maintenance support for the full suite of Epic applications. In addition, the firm offers physician concierge
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Philips and Emory Healthcare Launch Remote Intensive Care Monitoring Program in Australia

by Fred Pennic 05/11/2018 Leave a Comment

Philips and Emory Healthcare Launch Remote Intensive Care Monitoring Program in Australia

Today, Philips and Emory Healthcare have announced the launch of a (eICU) remote intensive care monitoring program based at Royal Perth Hospital in Western Australia. Through this program, Emory Healthcare will use advanced technology that enables clinicians to monitor multiple critically ill patients remotely, alert ICU staff to any issues and ensure early intervention to improve outcomes. Based on the successes of a pilot program Emory Healthcare ran out of Sydney in 2016, this partnership is
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Complete HealthCare Solutions, Inc. Acquires PDQ Billing Services

by Fred Pennic 05/11/2018 Leave a Comment

Complete HealthCare Solutions, Inc. has announced the acquisition of PDQ Billing Services, Myrtle Beach, South Carolina. Founded in 1993, PDQ Billing Services provides revenue cycle management and credentialing services to the ambulatory healthcare segment. Complete HealthCare Solutions, Inc.'s offering includes a robust set of clinical and financial solutions supporting the full scope of care delivery processes — including Revenue Cycle Management Services, Credentialing, Patient Pay Solutions, Lytec and Medisoft (PM software) UnifiMD (EHR solution); Updox (Patient Portal and Engagement), and Rcopia4 (DrFirst Erx). This strategic acquisition further advances Complete HealthCare Solutions' strategy to offer a single source for the most comprehensive, high performing Revenue Cycle Management services and health information technology solutions. Complete HealthCare Solutions, Inc. delivers industry-leading RCM services including lowest days in A/R, superb denial management and clean aging, resulting in increased practice revenue. "This transaction is expected to directly benefit our existing clients and the PDQ Billing Service clients and team members we'll welcome to our family. Complete HealthCare Solutions, Inc. is a critical strategic partner to thousands of private provider practices and healthcare organizations and our highest priority is to successfully meet their needs, allowing them to focus on healthcare

Complete HealthCare Solutions, Inc. has announced the acquisition of PDQ Billing Services, Myrtle Beach, South Carolina. Founded in 1993, PDQ Billing Services provides revenue cycle management and credentialing services to the ambulatory healthcare segment. Complete HealthCare Solutions, Inc.'s offering includes a robust set of clinical and financial solutions supporting the full scope of care delivery processes — including Revenue Cycle Management Services, Credentialing, Patient Pay Solutions,
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Philips Acquires Sleep Apnea Wearable Nightbalance to Expand its Sleep & Respiratory Care Portfolio

by Fred Pennic 05/10/2018 Leave a Comment

Philips Acquires Sleep Apnea Wearable Nightbalance to Expand its Sleep & Respiratory Care Portfolio

Philips announced that it has acquired  NightBalance, a Netherlands-based digital health startup that has developed a sleep apnea wearable that is used to treat positional obstructive sleep apnea and positional snoring. Obstructive sleep apnea (OSA) is a serious disorder in which breathing pauses and re-starts during sleep. Common symptoms of obstructive sleep apnea syndrome are snoring and excessive tiredness during the daytime.When most of these pauses in breathing occur when you lie on your
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