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Health IT | News, Analysis, Insights - HIT Consultant

CMS Finalizes TEAM Model: A New Era of Value-Based Surgical Care

by Fred Pennic 07/31/2025 Leave a Comment

Meaningful Use Penalties_Meaningful Use_Partial Code Free_Senators Urge CMS to Establish Clear Metrics for ICD-10 Testing

What You Should Know:  - The Centers for Medicare & Medicaid Services (CMS) today issued the 2026 Final Rule that officially codifies the Transforming Episode Accountability Model (TEAM), an innovative new blueprint for tech-enabled, outcome-based care payment models.  - Starting in 2026, TEAM will hold hospitals and health systems accountable for the entire episode of care for major surgeries, from admission through 30 days post-discharge, with the goal of reducing
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J.D. Power 2025 Pharmacy Study: Mail Order Pharmacies Outpace Chain Drug Stores in Satisfaction

by Fred Pennic 07/31/2025 Leave a Comment

J.D. Power 2025 Pharmacy Study: Mail Order Pharmacies Outpace Chain Drug Stores in Satisfaction

What You Should Know:  - Overall customer satisfaction with mail order pharmacies has risen steadily, while satisfaction with chain drug stores has slid, causing many chain drug store customers to consider switching providers, according to the J.D. Power 2025 U.S. Pharmacy Study, - The trend is fueled by a rise in digital engagement and a decline in neighborhood drug stores, is setting the stage for a "tipping point in the pharmacy space". - The J.D. Power 2025 U.S. Pharmacy Study,
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MedArrive Unveils Next-Generation Home Care Logistics Platform, Developed with ChristianaCare

by Jasmine Pennic 07/31/2025 Leave a Comment

MedArrive Unveils Next-Generation Home Care Logistics Platform, Developed with ChristianaCare

What You Should Know:  - MedArrive, a provider of mobile-integrated home care solutions announced the launch of its next-generation home care logistics platform.  - The platform, designed to transform how health systems and payers schedule, route, and manage in-home care delivery, was developed in close collaboration with ChristianaCare, one of the nation's most innovative health systems.  Resolving Logistical Complexity in Home-Based Care Health systems and payers are
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Labcorp Launches GenAI Tool to Simplify Lab Test Selection for Healthcare Providers

by Fred Pennic 07/30/2025 Leave a Comment

Labcorp Launches GenAI Tool to Lab Test Selection for Healthcare Providers

What You Should Know:  - Labcorp announced the launch of Test Finder, a first-of-its-kind generative AI tool developed with Amazon Web Services (AWS).  - Designed to simplify lab test selection, Test Finder enables healthcare providers to ask questions or describe conditions in plain language and receive curated test recommendations, thereby enhancing the user experience and freeing up more time for patient care. Critical Role of Laboratory Testing in Healthcare Laboratory
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Disconnected Systems Are Undermining Hospital Foodservice — and Patient Care

by Arun Ahuja, SVP General Manager, Healthcare Corporate at Transact CBORD 07/30/2025 Leave a Comment

Disconnected Systems Are Undermining Hospital Foodservice — and Patient Care

Hospital foodservice might not immediately spring to mind when you think of the patient experience. Yet, for patients, meals are one of the few opportunities to exercise choice— something that matters deeply in a setting where most decisions are made for them. Three times a day, the people who deliver those meals offer something rare in healthcare—a reason to smile.  For hospital foodservice teams, the daily demands are relentless, and expectations remain high. Unfortunately, many teams
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White House Event Unveils CMS Health Tech Ecosystem Initiative

by Fred Pennic 07/30/2025 Leave a Comment

White House Event Unveils CMS Health Tech Ecosystem Initiative

What You Should Know:  - The U.S. Department of Health and Human Services (HHS) today announced significant progress towards building a smarter, more secure, and more personalized healthcare experience, driven by a new partnership with innovative private sector companies.  - During a White House “Make Health Tech Great Again” event hosted with the Centers for Medicare & Medicaid Services (CMS), the Administration secured commitments from major healthcare and information technology
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C8 Health Raises $12M to Expand Best Practices Implementation Platform for Clinical Teams

by Fred Pennic 07/30/2025 Leave a Comment

C8 Health Raises $12M to Expand Best Practices Implementation Platform for Clinical Teams

What You Should Know:  - C8 Health, a best practices implementation platform for healthcare, today announced a $12M Series A funding round led by Team8, with participation from 10D and Vertex Ventures Israel. The latest round brings C8’s total funding to $18M.  - The investment aims to bridge the significant gap between evidence and practice in healthcare, providing clinicians with instant, contextual access to vetted, site-specific knowledge. New Standard for Best Practices
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Healthcare Investment Shifts in 1H 2025: AI Remains a Bright Spot Amidst Fundraising Decline

by Fred Pennic 07/30/2025 Leave a Comment

Digital Health Faces Q2'25 Pullback: Funding Falls to 5-Year Low, But AI Dominates and $1B+ IPOs Emerge

What You Should Know:  - After a strong start to the year, the digital health sector experienced a significant pullback in Q2 2025, with deal volume declining to its lowest quarterly activity level in the last five years, according to the latest report from Silicon Valley Bank (SVB).  - The report, Mid-Year Healthcare Investment and Exits Report reveals growing investor selectivity and capital concentration in fewer, high-conviction bets amidst ongoing global economic
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LCP Health Analytics and COTA Partner to Advance Real-World Data Use in Cross-Border Oncology HTAs

by Syed Hamza Sohail 07/30/2025 Leave a Comment

COTA, LCP partner to leverage US RWD for international health tech assessments (HTAs)

What You Should Know: What You Should Know: – LCP Health Analytics   is partnering with COTA to explore how US real-world data (RWD) can support health technology assessments (HTA) in the United Kingdom (UK) and European Union (EU). –  With growing recognition that European patients may be underserved by delays in accessing new health technologies, this initiative explores whether deidentified US multiple myeloma patient data can be leveraged to inform
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Ambience Healthcare Raises $243M to Expand Clinical Ambient AI Platform

by Fred Pennic 07/29/2025 Leave a Comment

Ambience Healthcare Launches Automated AI Medical Scribe Platform

What You Should Know:  - Ambience Healthcare, an ambient AI platform for documentation, coding, and clinical documentation integrity (CDI), today announced a $243M Series C funding round.  - Co-led by Oak HC/FT and Andreessen Horowitz (a16z), the round saw participation from existing investors including the OpenAI Startup Fund, Kleiner Perkins, and Optum Ventures.  - New investors include Frist Cressey Ventures, Town Hall Ventures, Smash Capital, Georgian, and Founders
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