Prior Authorization is often viewed as the poster child for throwing the Quadruple Aim off balance with its pursuit of cost reduction at the expense of provider experience, but the latest research from Chilmark Research shows that new PA models and maturing PA technology solutions could benefit both providers and payers.Traditionally, primitive PA and its associated impacts account for the great divide in provider-payer relationships. The sheer volume of PA requirements is getting increasingly
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Surescripts Adds 14 Health Systems to National Record Locator Service
Health information network Surescripts continues to rapidly expand nationwide healthcare interoperability by adding 14 new health systems to its National Record Locator Service (NRLS), including Allegheny Health Network (Pennsylvania), The Institute for Family Health (New York), JPS Health Network (Texas), Metro Health-University of Michigan Health, St. Luke’s Health System (Idaho) and WakeMed Health & Hospitals (North Carolina).These are among the 28 health systems that now have easy access
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ATI Physical Therapy Launches Industry’s First Patient Experience Mobile App
ATI Physical Therapy, the nation’s largest physical therapy provider, today announces the launch of the patient-facing ATIpt Mobile App. An industry first, the ATIpt mobile app is designed to provide patients direct access to their treatment experience from home, work or on the go. The app is available at no cost through both the Apple App store and Google Play store. “The launch of our mobile app is a tremendous milestone for our organization and the PT industry,” said Simon Thomas, ATI’s chief
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bioAffinity Technologies Raises $4M to Early-Stage Cancer Diagnostics
bioAffinity Technologies, a San Antonio, TX-based company advancing early-stage cancer diagnostics and precision therapeutics has raised more than $4 million in Series A funding. The Series A fund reflects its progress toward commercialization in 2018 of the Company’s initial diagnostic product, a non-invasive, early-stage lung cancer test called CyPath® Lung to detect lung cancer in its earliest stages when it is most treatable.The porphyrin-based CyPath® preferentially binds to cancer cells
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Quest Diagnostics Completes Acquisition of Med Fusion
Quest Diagnostics has announced the completed its acquisition of the laboratory businesses Med Fusion and Clear Point. Operating from a nearly 200,000 square foot facility in Lewisville, Texas, the two businesses form the basis for the company’s first national center of excellence in precision diagnostics for oncology. For patients with cancer, precision diagnostics, such as genomic sequencing of a tumor's DNA, may help a physician select a therapy or clinical trial and monitor response.In
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Availity Raises $200M to Fund Future M&A, Strategic Opportunities
Availity, provider of health information networks has closed a five year $200 million senior secured revolving credit facility, which allows for an additional $100 million of capacity when exercised. The debt financing will be used to fund future M&A and other strategic opportunities. “Over the past 18 months we have evaluated or observed a significant number of strategic opportunities and we do not expect this trend to abate in the foreseeable future. We now have increased flexibility to
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Teladoc Completes Acquisition of Best Doctors
Telehealth platform Teladoc has announced the completion of its acquisition of Best Doctors, the world’s leading expert medical consultation company focused on improving health outcomes for the most complex, critical and costly medical issues. With its newly acquired global footprint, network of more than 50,000 medical experts, and unmatched reputation for delivering quality outcomes, Teladoc is prepared to deliver on its vision to provide a central, trusted source for patients to get
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Mackenzie Health Goes Live on Epic End-to-End EMR in Canada
Mackenzie Health, a Canadian-based regional healthcare provider has announced the go-live of Epic across its enterprise, becoming the first full-suite Epic EMR to be implemented in a Canadian hospital.The new EMR implementation was a two-year process that involved significant software build, consultation with Mackenzie Health staff and physicians, testing and education. Two weeks prior to the launch, over 100 Mackenzie Health staff transitioned over 15,000 scheduled appointments, including for
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Datica Unveils Digital Health Success Framework for Developers
Datica, a Madison, WI-based cloud platform for digital health apps has unveiled the industry-first Digital Health Success Framework (DHSF). The framework serves as a roadmap that lays out the steps and timelines for digital health vendors who want to take their napkin scribble designs to market without making missteps along the way.Digital health funding reached a record-breaking total of $3.5B across a total of 188 digital health deals in the first half of 2017, according to a new report
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iBeat Extends Seed Round to $4.5M for Wearable Heart Monitoring Smartwatch
iBeat, makers of the heart monitoring smartwatch wearable that perpetually monitors and detects cardiac arrest, heart attack, and atrial fibrillation has closed an additional $3.5M of funding, bringing its total seed stage funding total to $4.5 million. New investors include WTI, SV Tech Ventures, Lee Equity, and renowned entrepreneurs and angel investors Michael Rubin, Mark Burg, and Harald Ludwig. iBeat plans to use the additional funds to begin clinical testing, refine its sales and marketing
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