Mobile EHR provider drchrono has announced its new integration partnership with the leading provider of cloud-based, medical inventory management, FlexScanMD. The new integration between drchrono and FlexScanMD allows medical practices to seamlessly track the products they stock, dispense and sell. Although inventory management is highly critical to many medical practices, it is often handled manually due to the lack of communication between a practice’s inventory management software, EHR and
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TriNetX Launches NLP Service to Extract Clinical Facts From Physician Notes & Clinical Reports
TriNetX, a global health research network for healthcare organizations, biopharmaceutical companies, and Contract Research Organizations (CROs), today announced the general availability of its Natural Language Processing (NLP) service. TriNetX’s NLP service utilizes sophisticated algorithms to extract clinical facts from physician notes and clinical reports, links them with other Electronic Medical Record (EMR) data, and makes the combined data available for assessing study feasibility, protocol
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SymphonyCare Acquires Empower Patient Portal Business Unit from Influence Health
SymphonyCare, a population health and patient engagement solutions company has acquired the Empower patient portal business unit from Birmingham, AL-based Influence Health. The acquisition was led by SymphonyAlpha Ventures, the venture capital arm of Symphony Corporation, a leader in digital healthcare innovation and technology solutions. Financial details of the acquisition were not disclosed.The Empower patient engagement product alone currently reaches more than a half a million patients
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NIH Awards $70M to Launch Alzheimer’s Clinical Trials Consortium
The National Institutes of Health (NIH) announced it is expected to award up to $70 million over five years to three physician-scientists to launch the Alzheimer's Clinical Trials Consortium (ACTC). The consortium will create a network of 35 Alzheimer's disease trial sites across the country with the goal of finding new ways to treat or prevent Alzheimer's. Reisa Sperling, MD, director of the Center for Alzheimer Research and Treatment at Brigham and Women's Hospital, will collaborate with
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GHX Launches Solution to Integrate Supply Chain With Epic EHR Clinical Data
Today, GHX introduced a new solution that will allow providers to connect two of its most important business processes – the item master and the EHR -- and confidently answer the total cost of procedure. GHX Clinical ConneXion is the industry’s the first solution to provide a single source of truth for item information to support clinical documentation and patient billing, including supply and implant capture at the point of use. The first implementation is with the Epic Enterprise EHR
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Rev Cycle Startup Cedar Launches With $13M for Data-Driven Patient Payment Solution
Revenue cycle management-focused startup Cedar has announced its entry into the health IT market with a new data-driven patient payment solution. Supported by $13M in Series A funding, the Cedar platform, which powers solutions for hospitals, health systems and medical groups, delivers modern intelligence to alleviate collections challenges, improve billing operations and ensure a personalized billing experience for patients.A Data-Driven Payment Solution for Hospitals and Medical GroupsToday,
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EpicMD Raises $3M for Telehealth Platform to Help Physicians Drive Revenue & Improve Patient Experience
EpicMD, a Miami, FL based provider of telehealth technology platform and service solutions focused on the needs of independent healthcare providers, has raised $3 million in Series A funding led by Sagemoore Capital. The round also included particpation from a host of the company’s largest customers, including high-net-worth family offices representing a number of nationally recognized medical thought leaders, each of whom engaged as early adopters of the platform solution.The global
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Philips Acquires Open-Standards-based Interoperability Provider Forcare
Philips has acquired Forcare, a Netherlands-based open-standards-based interoperability software solutions for fast and flawless data flows between medical systems and information sources at the departmental and enterprise levels, as well as Health Information Exchanges (HIEs) across health systems. Forcare and its team will provide highly complementary capabilities for Philips, and will enable Philips to deliver more effective, seamlessly integrated informatics solutions that improve clinical
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UnitedHealth’s Optum to Acquire DaVita Medical Group for $4.9B in Cash
UnitedHealth’s Optum has agreed to acquire DaVita Medical Group, one of the nation’s leading independent medical groups and a subsidiary of DaVita Inc. Under terms of the acquisition, Optum will acquire DaVita Medical Group for approximiately $4.9 billion in cash and is expected to close in 2018. DaVita plans to use the proceeds from the acquisition for significant stock repurchases over the next one to two years following the closing of the transaction, as well as to repay debt and for general
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PatientPay Secures $6M to Expand Patient Payments Platform for Specialty Care
PatientPay, a Raleigh-Durham, NC-based provider of patient payments for specialty care has secured $6 million in growth capital led by Teaghlach Family Office and existing investors, including Mosaik Partners. The revenue cycle-focused company plans to use the funding for an 85 percent company expansion in 2018, primarily in staffing and product development. The investment round stems directly from the need to grow quickly and meet healthcare demand for better patient payments methods and
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