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Fred Pennic

Jitterbit Moves into Healthcare, Unveils Healthcare Interoperability Platform

by Fred Pennic 01/26/2016 Leave a Comment

Jitterbit Moves into Healthcare, Unveils Healthcare Interoperability Platform

Jitterbit, a provider of fast, agile integration solutions, is announcing their move into healthcare with a new healthcare solution and a $20M Series B funding round that addresses integration challenges and opportunities. With their new healthcare interoperability platform, medical device manufacturers, healthcare providers, application developers and EMR vendors to automate and streamline operations with a dedicated healthcare data model and interoperability standards that enable the secure
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Report: 66% of Providers to Focus on Improving RCM in 2016

by Fred Pennic 01/25/2016 Leave a Comment

Providers to Focus on Improving RCM in 2016

With the ICD-10 transition in our rearview, 66% of providers plan to focus on improving their overall revenue cycle management processes in 2016, according to the post-ICD-10 implementation survey from Navicure. Fifteen percent indicated they would be working towards a value-based care model while another nine percent are updating and automating patient collections strategies. Navicure and Porter Research deployed the survey in December 2015 as the final wave of a research study designed to
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Cloud-EHR Platform Practice Fusion To Explore Possible IPO in 2017

by Fred Pennic 01/21/2016 Leave a Comment

Practice Fusion

Cloud-based EHR platform Practice Fusion has reportedly hired JPMorgan Chase to explore an initial public offering (IPO) in 2017, according to a recent New York Times story. The San-Francisco-based EHR provider for doctors could attract between $1.1B to $1.5B valuation based on the company's potential revenue projections next year. “An I.P.O. could potentially be an outcome for Practice Fusion, but currently we continue our focus on commercializing our products, growing the business and serving
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Digital Reasoning Acquires Mobile Clinical Documentation Platform Shareable

by Fred Pennic 01/18/2016 Leave a Comment

Digital Reasoning Acquires Mobile Clinical Documentation Platform Shareable

Digital Reasoning, a provider of cognitive computing technology, announced today it has acquired Nashville-based mobile clinical documentation platform Shareable (formerly known as Shareable Ink) for an undisclosed sum. As part of the acquisition, Hal Andrews, the CEO of Shareable, will now serve as president of Digital Reasoning’s health care business. Shareable's clinical documentation platform for structured and unstructured data capture and exchange provides a highly customizable and
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5 Healthcare Supply Chain Trends to Watch in 2016

by Fred Pennic 01/14/2016 Leave a Comment

5 Healthcare Supply Chain Trends to Watch in 2016

For the past several years, spurred by regulatory healthcare reform and the overarching need to make the industry more sustainable, the healthcare supply chain has evolved from simply a transaction-driven process into a strategic, data-driven operation. As a result, the healthcare supply chain acts as a backbone for the industry’s drive to reduce costs while simultaneously improving patient care. With the last few years defined by supply chain innovation and exploration in healthcare, Global
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ApolloMed Acquires Healarium’s Population Health Management Platform

by Fred Pennic 01/13/2016 Leave a Comment

ApolloMed Acquires Healarium's Population Health Management Platform

Apollo Care Connect, a wholly-owned subsidiary of Glendale, Calif.-based ApolloMed has acquired has acquired the population health management technology and operating platform of Healarium, Inc. The acquisition will help expand the company's medical management and care coordination capabilities to meet the new challenges in the evolving world of value-based reimbursements. Financial terms of the acquisition were not disclosed.  Founded in 2009 by Amnon Keynan, Healarium's cloud and
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Syapse Raises $25M to Transform Patient Care Through Precision Medicine

by Fred Pennic 01/12/2016 Leave a Comment

Syapse Raises $25M to Transform Patient Care Through Precision Medicine

  Syapse, a Palo Alto, CA-based company enabling healthcare systems to implement precision medicine programs has raised $25 million in Series C funding led by Ascension Ventures, a subsidiary of Ascension, the nation's largest non-profit and Catholic health system. Existing investors Social Capital Partnership and Safeguard Scientifics also participated in this new funding round. The company will use this funding round to drive the rapid expansion of its Syapse Precision Medicine
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Survey: Hospital Cost of Following-up on Late Insurance Claims Higher Than Estimated

by Fred Pennic 01/07/2016 Leave a Comment

Survey: Hospital Cost of Following-up on Late Insurance Claims Higher Than Estimated

The cost of following-up on late insurance claims is significantly higher than most industry estimates, according to new survey from Recondo Technology. The survey reveals that despite the availability of exception-based processing to automate the resource-intensive claim follow-up process, most hospitals rely on legacy outsourced or employed manual approaches that have generally failed to lower costs. Survey Background Recondo surveyed 80 healthcare finance professionals from hospitals,
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Accenture: Only 2% of Hospitals Engage Patients Using Mobile Apps

by Fred Pennic 01/06/2016 Leave a Comment

Accenture: Only 2% of Hospitals Engage Patients Using Mobile Apps

Mobile health app usage has grown increasingly over the past three years with 54 percent of health consumers willing to use their smartphones to engage with their healthcare providers, according to new research from Accenture. The report finds that despite the acceptance from consumers, healthcare providers are failing to meet consumer needs with consumers complaining about poor user experience with providers’ proprietary apps and mobile functionality that often fails to meet their individual
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drchrono, ZocDoc Partner to Integrate EHRs, Calendars

by Fred Pennic 01/05/2016 Leave a Comment

drchrono

drchrono, a mobile EHR platform on the iPad, iPhone, Apple Watch and web, announced today that it has partnered with digital health marketplace ZocDoc. The new integration will give medical professionals using the two digital health platforms a more seamless experience by syncing their calendars and EHRs directly with ZocDoc’s patient-facing platform. Both drchrono and ZocDoc have been credited with innovative and forward-thinking approaches to improving healthcare – ZocDoc, from the
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