46% of healthcare organizations see value-based care contracts improving profitability versus 23% two years ago. Healthcare organizations are more optimistic about how value-based care will affect their finances, according to a poll of accounting and finance employees on a webcast that KPMG hosted. Government spending on healthcare through Medicare, Medicaid, Veterans Administration and other programs have been shifting to value-based payment models in an attempt to improve efficiency and tie
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SMART Brain Aging Launches First Scientifically-Supported App for Early Stage Dementia
Healthcare technology company SMART Brain Aging, Inc. has announced that its one-on-one patient intervention program for aging brain health -- Brain U Online -- is now available to adults age 50+ through online subscription and iOS app, Brain U Lite. The new program is the result of 5 years of clinical trials with more than 3,000 participants at Harvard Medical School/Boston University School of Medicine. Used by the country’s leading memory care facilities, Brain U Online and Brain U Lite are
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MTBC Integrates Blockchain Technology with EHRs to Securely Store Patient Medical History
MTBC, a provider of proprietary, cloud-based healthcare IT solutions and services has announced the release of new blockchain technology integrated with the company’s Electronic Health Records (EHR) platform to securely store patient medical history, eliminate interoperability issues that have plagued the digitization of healthcare for years, and give patients’ absolute control over who has access to their valuable health data. This makes MTBC one of the first within the healthcare industry to
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Jackson Health Signs 11-Year Enterprise Patient Monitoring Service Deal with Philips
Philips and Jackson Health System sign groundbreaking 11-year agreement for Enterprise Monitoring as a Service that will define revolutionary healthcare delivery business model, reduce costs, standardize enterprise patient monitoring & management, & improve patient & staff satisfactionPhilips and Jackson Health System announced the world’s first long-term strategic partnership based on an Enterprise Monitoring as a Service (EMaaS) model. The 11-year partnership, aimed at pioneering
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NIA Awards $4.5M Grant to Develop In-Home Care Solutions for Dementia Caregivers
The National Institute on Aging (NIA) has awarded $4.5 million over three years to white label Internet of Things (IoT) software provider, People Power to focus on developing in-home care supportive solutions for dementia caregivers. National Institute on Aging mission is to improve the health and wellness of older Americans through biomedical, social and behavioral research focused on aging processes and age-related diseases. The results of the collaborative research with University of
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Amazon Acquires Online Pharmacy Startup PillPack
Amazon, today announced it has entered into an definitive agreement to acquire online pharmacy startup, PillPack for an undisclosed amount. The deal will allow Amazon further entry into healthcare with an on-demand online pharmacy and drug distribution platform.Founded in 2013, PillPack is an online pharmacy that delivers medications in pre-sorted dose packaging, coordinates refills and renewals, and makes sure shipments are sent on time. The service is designed to provide the best possible
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HSBlox Unveils AI-Powered EMPI Solution to Ensure Secure Patient ID Matching & Sharing
HSBlox’s new Enterprise-wide Master Patient Index (EMPI) utilizes machine learning to improve patient safety with secure, accurate sharing of patient data throughout the healthcare landscape. HSBlox, a healthcare blockchain-focused company that is bringing innovation and transparent economics to the healthcare ecosystem, today announced the launch of its SmartMPI solution, which utilizes machine learning to provide next-generation patient ID matching and secure, transparent sharing of patient
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Redirect Health Selects CareCloud Platform to Support Expansion of Affordable Care Network
Redirect Health, the Arizona-based patient-centered medical home network and cost management innovator, has selected CareCloud as its practice management technology partner for their primary care and outpatient surgery centers. Redirect Health is an award-winning, national healthcare company based in Scottsdale that has seen high growth through its Arizona clinics and its novel nationwide health plan solution for small to medium-sized businesses.CareCloud is supporting Redirect Health
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Kaufman Hall Unveils Comparative Financial Performance and Analytics Solutions for Healthcare CFOs
Most Chief Financial Officers (CFOs) have limited confidence in the capabilities of their planning and analytical tools, according to Kaufman Hall’s recent CFO Annual Survey. Most organizations are leveraging a combination of tools, including Excel and BI, with varying degrees of success.In order to strengthen their hand, Kaufman Hall introduced today two new products, Strategy Management and Comparative Analytics, to its Axiom Healthcare Software Suite.Axiom Strategy Management provides a
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R1 RCM Inks 10-Year Contract with Amita Health for End-to-End Revenue Cycle Management
R1 RCM, a provider of revenue cycle management (RCM) services, today announced it has inked a 10-year agreement with AMITA Health, the largest health system in Illinois to provide end-to-end revenue cycle management (RCM) services across AMITA Health’s acute care hospitals and physician care settings. Formed by Adventist Midwest Health and Alexian Brothers Health System in 2015, Amita Health has 19 hospitals and more than 230 sites of care with with approximately $4 billion in annual net patient
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