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Syed Hamza Sohail

eClinicalWorks Invests $100M in Microsoft Azure

by Syed Hamza Sohail 08/30/2022 Leave a Comment

eClinicalWorks Survey Finds Accountable Care Models Gaining Traction

What You Should Know: - McKinsey reports that cloud capabilities have the potential to generate a value of $100 billion to $170 billion for healthcare companies in 2030. The cloud enables healthcare companies to innovate, digitize and realize their strategic goals. - eClinicalWorks is currently investing over $100M  in Microsoft Azure cloud services to accelerate innovations in digital healthcare.   Technological Solutions For Improving Patient Care and Health
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New Report Reveals Behavioural Factors to Treatment Adherence

by Syed Hamza Sohail 08/29/2022 Leave a Comment

Survey: 75% of Clinicians Feel Medication Management Process is Flawed

What You Should Know: - Fullscript, the leading care delivery platform for personalized treatment planning, ongoing wellness support and education, and high-quality supplements released a report about behavioral change in integrative medicine as part of its mission to change how health is prescribed and help people get better. The findings indicated that while behavior or lifestyle change is challenging, - The findings indicated that while behavior or lifestyle change is challenging, there
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Bicycle Health & Evernorth Partner to Expand Access to Virtual Opioid Use Disorder Treatment

by Syed Hamza Sohail 08/25/2022 Leave a Comment

Bicycle Health Secures $50M for Virtual Opioid Use Disorder Treatment

What You Should Know: - Bicycle Health, today announced that its high-quality, evidence-based virtual opioid use disorder (OUD) treatment is now part of Evernorth’s behavioral health network - Furthermore, it will be made available to all Evernorth clients, as well as Cigna health plan customers who receive health coverage through their employer or marketplace exchange plans in 24 states. Evernorth is the health services business of Cigna Corporation. Increasing Access to Care Using
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Cardiology: Have We Reached A Tipping Point in Structured Reporting Adoption?

by Syed Hamza Sohail 08/25/2022 Leave a Comment

Cardiology: Have We Reached A Tipping Point in Structured Reporting Adoption?

What You Should Know: - A new report from KLAS provides not only a much-needed update on the breadth of structured reporting adoption but also a first look at the depth of adoption since actual physician use is the only way to drive outcomes. - While the market hasn’t reached the structured reporting tipping point yet, physician adoption is driving progress and generating value. This study also shares details on the hemodynamics experience (both overall satisfaction and important
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Biotia Raises $8M to Fight Infectious Diseases Powered by AI & Genomics

by Syed Hamza Sohail 08/24/2022 Leave a Comment

Biotia Raises $8M for AI-Powered Pathogen Detection

What You Should Know: - Biotia, a company fighting infectious diseases powered by genomics and artificial intelligence (AI), has raised an oversubscribed $8 million Series A round led by OCA Ventures. - OCA, a veteran early-stage venture firm operating from Chicago and Palo Alto was joined by other key investors including Continuum Health Ventures, Phoenix Venture Partners, SeedtoB Capital, SK Square Americas, Digital-Dx Ventures, and others. Prior Seed round investors include Falcon II
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HealthTeam Advantage Integrates With Bamboo Health’s Pings Solution

by Syed Hamza Sohail 08/24/2022 Leave a Comment

HealthTeam Advantage Integrates With Bamboo Health’s Pings Solution

What You Should Know: - Bamboo Health™  recently announced that HealthTeam Advantage (HTA), the business name of Care N’ Care Insurance Company of North Carolina, Inc., has integrated Bamboo Health’s Pings™ solution. - The Pings rollout delivers real-time admission, discharge, and transfer (ADT) e-notifications for HTA’s 15,000 North Carolina PPO and HMO Medicare Advantage plan members. Using Real-Time E-Notifications to Lower Costs and Improving High Quality Care Bamboo Health
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Glytec and CPS Integrate to Provide Evidence-Based Glycemic Management

by Syed Hamza Sohail 08/24/2022 Leave a Comment

Glytec and CPS Integrate to Provide Evidence-Based Glycemic Management

What You Should Know: - Glytec recently announced that it has been selected by CPS Solutions, LLC (CPS), a leading provider of enterprise pharmacy solutions to hospitals and health systems, to serve as an insulin management technology resource for CPS’ more than 2,200 pharmacy professionals across 800-plus healthcare facilities nationwide. - Through this collaboration, CPS client facilities may contract for Glytec’s eGlycemic Management System® (eGMS) and Glytec’s technical resources to be
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Health-Tech C2Q:22 Preview: 5 Key Driving Factors to Watch

by Syed Hamza Sohail 08/23/2022 Leave a Comment

Executive Insights: Top Healthcare Predictions & Trends to Watch in 2020

What You Should Know: - David Larsen, healthcare IT and digital health analyst at BTIG published a note highlighting his preview for health-tech Q2 earnings. - Given high inflation rates, costs for traveling nurses, and light volumes in 2Q:22, he is cautious on stocks that sell into the acute care market in the near term. An Overview According to the report, there are many macro headwinds that continue to affect the HCIT sector and the broader market, including inflationary pricing
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KLAS: Imprivata SSO – Benefits & Challenges of Deep Adoption

by Syed Hamza Sohail 08/22/2022 Leave a Comment

KLAS: Imprivata SSO - Benefits & Challenges of Deep Adoption

What You Should Know: - Recent KLAS research reveals that Imprivata—whose single sign-on solution has a large healthcare footprint—is currently the only vendor to offer a broad digital identity platform. - Building on that research, a new report explores the potential benefits and challenges of deeply adopting Imprivata’s offerings. Insights come from in-depth interviews with 6 organizations identified by Imprivata as “deep adopters” as well as from 15 organizations within the
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Connecticut Abandons $20M Health Information Exchange They Built In-House

by Syed Hamza Sohail 08/18/2022 Leave a Comment

Connecticut Abandons $20M Health Information Exchange They Built In-House

What You Should Know: - In 2017, the University of Connecticut created a new unit called UConn Analytics and Information Management Solutions—UConn AIMS for short—to do the work of planning its health information network. - Today, UConn AIMS is out of business, 20 people are out of jobs and the system developed for Connie at the cost of about $20 million has been discarded and dismantled. An Abandoned Health Information Network Worth $20M The effort to create a Connecticut health
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