Comprehend Systems, Inc., a provider of Clinical Intelligence solutions has raised $15 million in Series C funding led by Eminence Capital, with participation by existing investors Sequoia Capital and Lightspeed Venture Partners.The company plans to utilize the funding to aggressively expand sales and engineering to meet a growing demand for Comprehend's cloud-based software that enables Clinical Research teams to deliver an order of magnitude improvement in the speed and quality of trial
Read More
Black Book Rankings: Allscripts Named Top EHR Vendor with Population Health Solution
Black Book Rankings has named Allscripts as the top EHR vendor with a comprehensive population health management solution earning the highest rank in 10 of the 18 individual criteria.For Black Book Ranking 2017, Black Book crowd-sourced nearly 7,000 responses on eighteen key performance, satisfaction and usability indicators from physicians practice, hospitals, health systems and chains, ACOs, IDNs and IPAs in the first quarter of 2017.Allscripts CareInMotion is a population health management
Read More
Report: Federal Health IT Spending Expected to Reach $1.7T by 2025
Federal health IT spending is expected to grow 86% to $1.7 trillion by 2025 to combat increases in federal expenditures for health, according to a new report from Deltek. The report, Federal Health Information Technology Market, 2016-2021 reveals that health IT investments aimed at digitizing, sharing, analyzing and securing health information will drive strong federal spending in this market segment over the next five years from $6.0 billion in FY 2016 to $6.4 billion in 2021 at a Compound
Read More
Concept Plus Acquires Federal Health IT Management Services Firm Thao, Inc.
Concept Plus, LLC (Concept Plus), a professional services firm specializing in the comprehensive design, implementation, and maintenance of IT initiatives for the Federal Government has acquired health IT management firm Thao, Inc. (THAOINC). THAOINC provides health IT services and program management support exclusively to federal healthcare customers through its highly skilled staff. Financial details of the acquisition were not disclosed. Founded in 2010 by Thao Sofo, THAOINC offers
Read More
Common Sensing, Welkin Health Partner to Develop Innovative Insulin Adherence Program
Insulin adherence remains a significant challenge with approximately 62 percent of patients discontinuing insulin in the first three months and 82 percent in the first year. To resolve this challenge, Common Sensing and Welkin Health have partnered to develop an innovative new program aimed at improving insulin adherence for people living with diabetes. A first-of-its-kind initiative, the program will combine insulin dosing data, wirelessly transmitted from Common Sensing’s Gocap™, real-time
Read More
McKesson to Acquire Prior Authorization Network CoverMyMeds for $1.1B: 5 Things to Know
On late Wednesday, McKesson has agreed to acquired Columbus, OH-based CoverMyMeds, the nation’s largest prior authorization (PA) network for $1.1 billion. Founded in 2008, CoverMyMeds’ electronic prior authorization (ePA) service automates and accelerates the prescription approval process, which otherwise is manual and time consuming. By ensuring appropriate access to medications, CoverMyMeds helps customers avoid administrative waste and unnecessary medical spending caused by prescription
Read More
Cedars-Sinai + Techstars Healthcare Accelerator Unveils Second Class of 8 Digital Health Startups
Techstars Healthcare Accelerator, in partnership with Cedars-Sinai, today announced that 8 companies have been selected to participate in its second class. From artificial intelligence to new devices and disruptive services, these innovative healthcare-focused startups are working to transform health and healthcare delivery as part of the Los Angeles-based accelerator program.The three-month accelerator will offer mentorship and guidance from clinicians & administrators at Cedars-Sinai,
Read More
Former Epic Engineers Raises $9M for EHR Integration API to Support Health IT Interoperability
Redox, an EHR integration API platform for developers and healthcare organizations has raised $9 million in Series B funding led by RRE Ventures with participation from existing investors .406 Ventures, HealthX Ventures, and Flybridge Capital Partners. The Madison, WI-based company plans to utilize the latest round of funding to accelerate its product roadmap along the way to building the industry standard platform for seamless interoperability between health technology developers and health
Read More
KPMG: Data Aggregation Biggest Barrier to Population Health Implementation for Payers, Providers
]The biggest individual barrier to implementing a population health program is data aggregation and standardization from multiple sources for providers and payers, according to a recent KPMG survey. The survey results that population health management programs aimed at improving quality and access to care while reducing costs for a designated group of patients, are taking hold at health plans and providers. Healthcare provider and health plans see this happening despite challenges associated
Read More
Aprima Medical Acquires EHR Reseller Healthcare Data Solutions
Aprima Medical Software, a provider of EHR, practice management (PM) and revenue cycle management (RCM) solutions for medical practices has acquired former reseller Healthcare Data Solutions (HDS) of Coral Cables, FL. As part of the agreement, Aprima will assume full support for HDS’s customers, which include approximately 300 providers in 125 medical practices across 15 states. Financial terms were not disclosed.HDS works with physician groups across the country to identify IT solutions that
Read More
