The global market for healthcare revenue cycle management software is estimated to reach $43.3B by the end of 2022, increasing at a compound annual growth rate (CAGR) of 6.9%, according to a recent report by Future Market Insights (FMI). The report anticipates the market-to-market positive growth over the coming years, on account of the increasing cumulative patient revenue, improvement payment collection & billing efficiency and recognition of profit . From hospitals to independent
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Innovaccer Launches Free Provider Utilization Portal
Innovaccer, a San Francisco, CA-based healthcare data platform has announced the launch of Provider Utilization Portal, a free tool that presents a nation-wide view of healthcare utilization, in-depth analysis of benchmarks, best and worst performing measures for inpatient, outpatient, and SNF services directly linked to the cost incurred on each benchmark- all compared against the national and state benchmarks.Skyrocketing healthcare services costs have made it critical for providers to
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Boston Pediatric Device Strategic Partner Challenge Winners Announced
The Innovation and Digital Health Accelerator (IDHA) at Boston Children’s Hospital and the Boston Pediatric Device Consortium (BPDC) today announced winners of the Boston Pediatric Device Strategic Partner Challenge, which launched in September 2017 and is designed to advance the development of novel pediatric medical device innovations. The Challenge was funded by the FDA Office of Orphan Products Development through a grant to the Boston Pediatric Device Consortium. Each winner has been
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Wellforce Taps Tufts Medical Center CEO To Lead Clinical Innovation
Wellforce today announced that Michael Wagner, MD, President and Chief Executive Officer of Tufts Medical Center and Floating Hospital for Children in Boston, will become its new Chief Physician Executive. In his new role, Dr. Wagner will bring together the nearly 3,000 physicians of Wellforce to develop a bold, innovative strategy that improves the health of patients and communities and creates an environment where clinicians can thrive. Dr. Wagner will begin his tenure as Chief Physician
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Magellan Health Launches First FDA-Approved Prescription Digital Therapeutic
Magellan Health has announced the launch of reSET therapy, a pilot initiative using the first-ever FDA cleared prescription digital therapeutic from PEAR Therapeutics to improve outcomes for individuals struggling with Substance Use Disorders (SUD) and other related conditions.With the current challenges in our nation related to substance use, the evidence-based, non-drug treatment option presented with this approach is an opportunity to offer a practical solution to meet these complex needs and
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AMGA Appoints Dr. John Kennedy As New Chief Medical Officer
AMGA today announced that John W. Kennedy, M.D., has been named chief medical officer, AMGA, and president, AMGA Foundation. Dr. Kennedy previously served as division director of endocrinology at Geisinger Health System in Danville, PA. Dr. Kennedy is board certified in endocrinology, diabetes, and metabolism. He received his Doctor of Medicine degree from Jefferson Medical College, now the Sidney Kimmel Medical College, in Philadelphia, PA. Since 2007, Dr. Kennedy has served as division
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Stratus Video Spin Off Launches Virtual Care Platform to Enhance Telehealth Marketplace
Synzi announced today a new investment from Kinderhook Industries forming a new virtual care spin-off entity from language services company, Stratus Video's language services division. Synzi offers healthcare organizations — from providers to payers to biotech and pharma — a multi-channel communication platform that goes beyond the traditional telehealth model to support some of the industry’s biggest goals, such as enhancing patient engagement, facilitating complex care management, streamlining
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Rx.Health, Redox Partner to Identify & Adopt Evidence-Based Technologies
Rx.Health and Redox have announced a strategic partnership to simplify and accelerate the way health systems identify and adopt evidence-based technologies benefiting patients with high-risk chronic diseases, including asthma, COPD, CHF, and diabetes. The partnership will allow clients utilizing Rx.Health and Redox's combined services to unlock the full potential of their EHRs and bring evidence-based technologies into care settings through one fully-integrated platform. Rx.Health is
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Cerner Appoints Brent Shafer As Its New CEO & Chairman
Cerner, today announced that it has appointed Brent Shafer as its new CEO and chairman of the board of directors, effective February 1. Cerner Co-Founder Cliff Illig, who has served as interim CEO and chairman of the board since July 2017, will resume his role as vice chairman of the board, effective February 1.Previously Shafer served as the CEO of Philips North America where he oversaw the largest market of global technology provider Philips. Philips North America’s health technology
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NTT DATA, Pieces Integrate to Expand NLP AI-Based Solutions
NTT DATA Services, a leader in global technology services, today announced it has partnered with Pieces Technologies, a pioneer in clinical artificial intelligence (AI), to help clients improve the quality and decrease the cost of patient care with natural language and AI-based solutions.NTT DATA Services will integrate the Pieces™ Decision Sciences (DS) software into its comprehensive portfolio that includes data integration services, analytics capabilities, cloud services and transformation
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