Wellcentive, an Atlanta-based provider of value-based care solutions has launched a free tool to calculate the real cost of delaying the shift from public and private payer volume to value-based care (VBC) and reimbursement. The tool called the Cost of Inaction calculator helps organizations estimate the impact, based on national benchmark data for health services and the organization-specific data users submit, of delaying effective implementation and management of VBC practices.Why Now Is The
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Recent Digital Health Hires and Departures
Halle Tecco Steps Down from Rock Health Rock Health’s Founder and Managing Director Halle Tecco announced that she is stepping down from the full-service digital health fund via Twitter on Wednesday. 1/ After nearly six years of helping build @Rock_Health, I’ve made the difficult decision to move on.— Halle Tecco (@halletecco) May 4, 2016Apple Taps Google X founder to Lead Healthcare ProjectsApple has tapped Yoky Matsuoka, a cofounder of Google's experimental Google X division and former VP of
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Optum, Medecision, TriZetto Launch Solution for State’s Medicaid Management Information Systems
Optum is teaming with Medecision and TriZetto to launch a first-to-market services-based offering for states’ Medicaid Management Information Systems (MMIS), the critical IT foundation of the public health program for low-income people. The new solution will enable states to purchase only the information technology and clinical services they need, and avoid costly, time-consuming inflexible systems. The new Optum Medicaid Management Services (OMMS) solution is a Software-as-a-Service (SaaS) and
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IMS Health, Quintiles to Merge in $9B Deal: 10 Things To Know
Healthcare technology provider IMS Health Holdings announced it will merge with biopharma research contract provider Quintiles Transnational Holding in a deal valued at $9 billion. The merged company will be named Quintiles IMS Holdings, Inc. to become an industry-leading information and technology-enabled healthcare service provider. Here are ten key things to know about the $9B merger: 1.Based on equity market capitalization, the combined company is valued at more than $17.6 billion with an
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NATE, CommonWell Team Up to Support Health IT Interoperability
The National Association for Trusted Exchange (NATE) and CommonWell Health Alliance has signed a reciprocal membership agreement with the goal of enhancing health IT interoperability to better assure provider and patient access to health data regardless of where care occurs. NATE and CommonWell will begin working together immediately. NATE OverviewNATE is a not-for-profit membership association focused on enabling trusted exchange among organizations and individuals with differing regulatory
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BioScale Changes Name to ProterixBio, New Focus on Clinical Apps
BioScale, Inc. today announced that the company is changing its name to ProterixBio, Inc. The name change reflects a new strategic direction centered on high value clinical apps including diagnostics products and disease management services. ProterixBio’s initial focus is on pulmonary diseases such as COPD (chronic obstructive pulmonary disease), which affects more than 12 million Americans.The company has made significant progress toward these new goals, including:- Recruitment of a
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Modernizing Medicine Appoints Rick Von Pusch Chief Revenue Officer
Cloud based, specialty-specific EMR provider, Modernizing Medicine has named Rick Von Pusch as the company’s first Chief Revenue Officer. As part of his new role, Rick will oversee the sales, marketing and business development functions across the existing portfolio of product and service offerings, market segments and channels and those that are acquired or developed in the future. Rick will continue to build the bridge from long term corporate strategy to execution, ensuring that the entire
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Telehealth Startup WeCounsel Nabs $3.5M to Connect Mental Health Providers
WeCounsel, a HIPAA compliant turnkey telehealth platform that connects mental health providers to clients online has raised $3.5M in Series A funding led by Longmeadow Capital Partners, Point Judith Capital, and CVH Holdings. The company's solution serves as a turnkey virtual office for healthcare providers and businesses, complete with a custom video conferencing experience. We are fortunate to have seen so much success in the marketplace and to have translated that into a major investment from
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Senators Release Request Feedback on Draft Legislation to Improve Meaningful Use
U.S. Sens. John Thune (R-S.D.), Lamar Alexander (R-Tenn.), Mike Enzi (R-Wyo.), Pat Roberts (R-Kans.), Richard Burr (R-N.C.), and Bill Cassidy (R-La.) today wrote to U.S. Department of Health and Human Services Secretary Sylvia Burwell and Centers for Medicare and Medicaid Services (CMS) Acting Administrator Andy Slavitt to request feedback on legislation they drafted that would address the ongoing issues with implementation of the meaningful use program for health information technology (health
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DirectTrust CEO Responds to Flexibility in EHR Reporting Act
On April 20, U.S. Rep. Renee Ellmers (R-NC) and U.S. Sen. Rob Portman (R-OH) introduced the Flexibility in EHR Reporting Act (H.R. 5001) to bring flexibility to electronic reporting requirements for healthcare providers. Specifically, H.R. 5001 would make it easier for health care providers to comply with Department of Health and Human Services (HHS) IT reporting requirements. As reported by Ripon Advance News Service, “Under the bill, healthcare providers would be allowed to report IT upgrades
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