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Health IT | News, Analysis, Insights - HIT Consultant

Hospitals Grapple with Payment Delays, Two-Midnight Rule Expansion, and Outpatient Surgery Surge

by Fred Pennic 05/15/2024 Leave a Comment

Hospitals Grapple with Payment Delays, Two-Midnight Rule Expansion, and Outpatient Surgery Surge

-  Hospitals and health systems nationwide saw a sizable increase in delayed or missing payments in the first quarter, due in part to a recent, large-scale disruption to payment processing services, according to a new report from Strata Decision Technology.  - The report, leveraging data from Strata's extensive healthcare databases, unveils trends impacting hospitals, insurers, and patients alike. Delayed Payments Disrupt Revenue Streams A significant finding concerns a surge
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Laguna Launches AI-powered Insights Dashboard To Reduce Care Team Burnout & Improve Performance

by Jasmine Pennic 05/15/2024 Leave a Comment

Laguna Launches AI-powered Insights Dashboard To Reduce Care Team Burnout & Improve Performance

What You Should Know:  - Laguna Health, a leader in AI-powered care management solutions, has unveiled Laguna Insight, an AI performance dashboard that empowers care teams by offering a deeper understanding of their interactions with patients, going far beyond traditional metrics like call time and handle time. - Laguna Insight allows team leads and executive leadership to train team members and view key operational and performance metrics at the team, care manager, and even
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Advantus Health Partners and Warrior Outdoor Partner to Enhance Healthcare Delivery for Indigenous Communities

by Strategic Partnerships 05/15/2024 Leave a Comment

Advantus Health Partners and Alliant Purchasing Join Forces to Boost Purchasing Power for Members

What You Should Know:  - The COVID-19 pandemic served as a catalyst for adaptation and innovation across industries, and the healthcare sector was no exception. This is exemplified by the accelerated launch of Advantus Health Partners, a healthcare solutions and supply chain company, and the expansion of Warrior Outdoor, LLC into Personal Protective Equipment (PPE) to support their indigenous communities. - Now, these two organizations, united by a retail approach to healthcare
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Researchers Uncover Critical Vulnerabilities in GE HealthCare Ultrasound Systems and EchoPAC Software

by Fred Pennic 05/15/2024 Leave a Comment

Researchers Uncover Critical Vulnerabilities in GE HealthCare Ultrasound Systems and EchoPAC Software

What You Should Know:  - Security researchers at Nozomi Networks Labs have identified a total of 11 vulnerabilities affecting GE HealthCare's Vivid family of ultrasound machines, the accompanying Common Service Desktop web application, and EchoPAC PC software.  - These vulnerabilities could be exploited by attackers to disrupt critical medical procedures, compromise patient data privacy, and hinder accurate diagnoses. Vulnerable Devices and Potential Impacts Vivid T9
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Ballad Health and Sevaro Health Partner To Optimize Stroke Care

by Syed Hamza Sohail 05/15/2024 Leave a Comment

What You Should Know: -       Ballad Health, a 20-hospital health improvement organization serving the mostly rural region, is entering into a strategic partnership with Sevaro Health, to integrate Sevaro's revolutionary teleneurology services into their emergency departments. -       With Sevaro's OneCall™ system, Ballad Health is set to deliver the fastest stroke response times in the nation, ensuring patients have immediate
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SmarterDx Nabs $50M for AI-Powered Revenue Integrity for Hospitals

by Syed Hamza Sohail 05/14/2024 Leave a Comment

SmarterDx Nabs $50M for AI-Powered Revenue Integrity for Hospitals

What You Should Know: -              SmarterDx, the leader in clinical AI for revenue integrity and care quality, today announced it has secured $50 million in Series B funding led by Transformation Capital. -              The round also includes continued investments from Bessemer Venture Partners, Flare Capital Partners and Floodgate Fund, bringing total funding to $71 million to date. The investment will drive product
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Lyft & Babyscripts Partner to Offer Rides for Prenatal Appointments, Addressing Transportation Barriers

by Jasmine Pennic 05/14/2024 Leave a Comment

Lyft & Babyscripts Partner to Offer Rides for Prenatal Appointments, Addressing Transportation Barriers

What You Should Know:  - Babyscripts, the leader in virtual maternity care, and Lyft Healthcare have joined forces to eliminate a major hurdle for expectant mothers: transportation.  - The strategic collaboration provides sponsored rides to and from doctor appointments for transportation-insecure patients enrolled in Babyscripts' program. Ensuring Access to Essential Care Pregnant women, regardless of their risk factors, will now have access to reliable transportation for
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Watershed Health Secures $13.6M to Tackle Uncoordinated Care Crisis

by Fred Pennic 05/14/2024 Leave a Comment

Watershed Health Secures $13.6M to Tackle Uncoordinated Care Crisis

What You Should Know:  - Watershed Health, a New Orleans, LA-based provider of real-time care coordination solutions raises $13.6M in funding led by First Trust Capital Partners with participation from FCA Venture Partners, Create Health Ventures, Impact Engine, 450 Ventures, LDH Ventures II/Launchpad Digital Health, MassMutual Ventures, Capstar Partners and Wanxiang Healthcare Investments.  - The investment will fuel the company's mission to combat uncoordinated care, a major
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Revenue Integrity in 2024: Reducing Leakage Points in a Complicated Cycle

by Tanya Sanderson, RN, BSN, MBA, MHA, CLNC, CHFP, Sr. Director of Revenue Integrity, Xsolis 05/14/2024 Leave a Comment

Revenue Integrity in 2024: Reducing Leakage Points in a Complicated Cycle

The concept of “revenue integrity” hasn’t really changed over the years, but the roles, responsibilities, and oversight have become far more complex and difficult to gain industry consensus around. What began as several defined systems of controls by which hospitals guarded against revenue loss, revenue integrity has seemingly turned into more narrowly focused controls in many organizations, leaving critical gaps in what once was a more holistic approach to fiscal
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Anumana Appoints Harry S. Palmin as CFO

by Fred Pennic 05/14/2024 Leave a Comment

Anumana Appoints Harry S. Palmin as CFO

What You Should Know:  - Anumana, an AI-powered health technology company, has announced the strategic appointment of Harry S. Palmin as their new Chief Financial Officer (CFO).  - Palmin brings a wealth of experience to Anumana, boasting over 25 years in building, financing, and operating life sciences companies. - In addition to his duties at Anumana, Palmin will also serve as CFO of Ventures for nference, a company of which Anumana is a portfolio company. Leading
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