In 2017, 216 acute care hospitals contracted for a new EMR, with 1–200 bed hospitals accounting for the vast majority (80%) of these decisions, according to a recent KLAS report. EMR purchasing by smaller hospitals is being driven primarily by these organizations’ need to exchange information with surrounding hospitals and desire for vendors that offer newer, more innovative technology and more flexible financial options. These smaller hospitals are hungry for new technology but often resource
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Cureatr Appoints Richard Resnick as New CEO to Broaden its Offerings
Cureatr, a real-time healthcare information service provider, today announced the appointment of Richard Resnick as Chief Executive Officer and member of its board of directors. Under Resnick’s leadership, Cureatr is broadening its offerings to meet the evolving needs of providers and patients alike.Prior to joing Cureatr, Resnick serve as the CEO of VC-backed GQ Life Sciences, where he revitalized strategy to turn company around from a -44% to a 33% EBITDA margin and sold company for 10X EBITDA
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Canna Care Docs Enters Canada With Virtual Clinician Platform for Medical Cannabis
Sail, a global leader in medical cannabis-focused healthcare software used by clinicians and patients at the point-of-care, has announced that its fully managed service business unit, Canna Care Docs, will enter Canada under a telemedicine service model.Canna Care Docs, one of the leading cannabis-specialty healthcare service providers in the United States, was acquired by Sail in late 2017. The multi-state cannabis business provides qualification and certification services to more than 250,000
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UnitedHealthcare & Quest Diagnostics to Use Real-Time Data Sharing for Patients, Establishes Long-Term Strategic Partnership
UnitedHealthcare and Quest Diagnostics have established a long-term strategic partnership as the two organizations focus on ways to create more personalized care recommendations and a simpler consumer experience for the more than 48 million people enrolled in UnitedHealthcare plans. Beginning Jan. 1, 2019, Quest will be participating as a national provider of laboratory services for all UnitedHealthcare plan participantsUnder the partnership, UnitedHealthcare and Quest will use real-time data
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M*Modal Unveils Enhancements to I-Powered Clinical Documentation Integrity (CDI) Solutions
M*Modal, a provider of clinical documentation and Speech Understanding solutions, today announced further enhancements to its artificial intelligence (AI) powered and outcomes-driven CDI solutions. Integrated with over 150 EHRs, M*Modal CDI solutions provide physicians and clinical documentation improvement specialists (CDIS) with a unified and more efficient workflow that closes the loop between physician and CDIS documentation processes. Going beyond traditional inpatient CDI, M*Modal supports
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Circulation Integrates With Buoy Health for On-Demand Transportation Options for Patients
Circulation Health, a Boston, MA-based ride-ordering exchange that coordinates medical transportation logistics using Lyft and other transportation partners, today announced that it has entered into a nationwide partnership with Buoy Health to help millions of patients online receive the care they need when they need it the most. The partnership will introduce Buoy’s patients to an even further streamlined, end-to-end healthcare experience by making it easy for them, post assessment, to book
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In-Home Care Startup Honor Lands $50M to Grow Network of Home Care Agencies
Honor, an in-home care startup has raised $50 million in Series C funding led by Naspers Ventures, with participation from existing investors, bringing the company’s total funding amount to $115 million. The latest round comes as the larger healthcare industry is increasingly recognizing non-medical home care as a vital component to value-based care. In April, the Centers for Medicare and Medicaid Services announced that Medicare Advantage plans will be able to cover non-medical home care
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DAS Health Lands $6M to Accelerate Company Acquisition Strategy
DAS Health, a Tampa, FL-based provider of health IT and management solutions, has secured a $6 million in facility financing through Fifth Third Bank to be used primarily for future acquisitions and growth. DAS recently completed its fifth acquisition in a three-year time span, each using only DAS’ own internal operating cashflow. DAS Health’s excellent track record of success in integrating services and staff has led to continued expansion, allowing the company to provide existing clients with
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CareCloud MIPS Guarantee Program Earns Perfect Score for Clinicians
CareCloud, the platform for high-performance medical groups, announced today that one-hundred percent of the clinicians submitting data through the company’s MIPS Success Guarantee Program will avoid penalties and are eligible for bonuses based on preliminary performance feedback provided by The Centers for Medicare and Medicaid Services (CMS). Additionally, 45% of the providers that submitted data through the CareCloud program earned scores placing them above the exceptional bonus threshold
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DrChrono Offers Discounted EHR Pricing for Current Practice Fusion Customers
DrChrono, today announced a new a new offer for current Practice Fusion customers that want to move their data from their current system to the DrChrono cloud-based EHR platform. Current Practice Fusion customers that want to sign up for this new plan from DrChrono receive special discounted pricing, a free iPad and data importing.Practice Fusion, after being acquired by Allscripts for $100M, recently announced to their users that their EHR would no longer be free. Their users, by continuing to
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