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Health IT | News, Analysis, Insights - HIT Consultant

Overcoming the Financial Costs of SDoH: 3 Ways Providers Can Help

by Ryne Natzke, Chief Revenue Officer at TrustCommerce, a Sphere Company 09/18/2024 Leave a Comment

Social determinants of health (SDoH) factors often take a financial toll on patients, making it more difficult for them to afford and access the care that they often need to overcome some of those same SDoH issues.  While providers certainly can’t wave a magic wand and make their patients’ SDoH struggles disappear, they can take a few concrete steps to help these patients pay for important care.  Improved SDoH, Improved OutcomesSDoH are defined as “the conditions in the
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Nordic, Microsoft, CHIME to Launch National Rural Health IT Community

by Fred Pennic 09/17/2024 Leave a Comment

Nordic, Microsoft, CHIME to Launch National Rural Health IT Community

What You Should Know:  - Nordic, a global health and technology consulting firm, today announced an initiative with Microsoft and the College of Healthcare Information Management Executives (CHIME) to establish a national Rural Health IT Community.  - The collaborative effort aims to champion policies, programs, and services tailored to the unique needs of rural healthcare, fostering collaboration between rural hospitals and global technology leaders, and promoting the adoption
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Vyne Medical Acquires Extract Systems

by Syed Hamza Sohail 09/17/2024 Leave a Comment

Vyne Medical Acquires Extract Systems

What You Should Know: - Vyne Medical®, a leader in the healthcare industry for improving disparate communication process management, today announced the acquisition of Extract SystemsR, an award-winning provider of advanced data extraction solutions, solidifying Vyne Medical’s position as a leading healthcare automation company. - The combination of Vyne Medical and Extract Systems will further the companies’ shared vision of simplifying the flow of data in hospitals and health systems
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MedeAnalytics Acquires SubPop Health to Empower Employers with Fiduciary Healthcare Benefits Management

by Fred Pennic 09/17/2024 Leave a Comment

MedeAnalytics Acquires SubPop Health to Empower Employers with Fiduciary Healthcare Benefits Management

What You Should Know:  - MedeAnalytics, a leading provider of healthcare data enrichment platforms and analytics software-as-a-service (SaaS) announced its acquisition of SubPop Health and its key assets specializing in fiduciary procurement marketplaces for employer healthcare benefits.  - SubPop Health, originating from the Hashed Health venture studio, has a proven track record of innovation in the healthcare benefits space. Its marketplace solutions provide employers with
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Oracle Health Enhances Veteran Care with Free Interoperability Code

by Jasmine Pennic 09/17/2024 Leave a Comment

Oracle Health Enhances Veteran Care with Free Interoperability Code

What You Should Know:  - Oracle Health today announced the release of new free code designed to enable its customers to support the Veteran Interoperability Pledge.  - This framework facilitates the secure sharing of patient health information between the U.S. Department of Veterans Affairs (VA) and community providers, enhancing the care of Veterans receiving treatment both within and outside the VA network. Seamless Integration and Access The new code enables Oracle
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Virtual Second Opinions on the Rise: Cardiology, Cancer, and Neurology Lead the Way

by Fred Pennic 09/17/2024 Leave a Comment

What You Should Know: - A new study by The Clinic by Cleveland Clinic has shed light on the increasing demand for virtual second opinions (VSOs) in the US, with a particular focus on heart, cancer, and neurological conditions. - This trend underscores the growing need for accessible specialty care, especially in regions facing healthcare provider shortages. Specialty Care Deserts Drive VSO Demand The national shortage of healthcare providers has created "specialty care deserts,"
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Did AI Cause HIPAA Fines to Double in a Single Year?

by Aidan Simister, Co-Founder and CEO of Lepide 09/17/2024 Leave a Comment

Did AI Cause HIPAA Fines to Double in a Single Year?

In 2023, HIPAA fines amounted to $4,176,500, which is a rise of over $2,000,000 in 2022. So yes, HIPAA fines have doubled. But why? Technology in healthcare has been a constant battle between progress and pain, and the relationship has grown increasingly complex over recent years. The Health Insurance Portability and Accountability Act (HIPAA) is one of the most well known regulatory frameworks in the healthcare industry, and it establishes safeguards for protecting sensitive patient
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Healthcare Analytics Adoption: 5 Tips for Healthcare Organizations

by Ryan Self, VP Advisory Services at Strata Decision Technology 09/17/2024 Leave a Comment

Healthcare Analytics Adoption: 5 Tips for Healthcare Organizations

Healthcare organizations have access to a wealth of data, yet 92% of healthcare professionals say organizations should do more to leverage financial and operational data to inform strategic decisions, according to a recent report. Integrating financial analytics into decision-making processes is increasingly vital as hospitals and health systems nationwide contend with high costs, narrow margins, shifts in patient demand, and other financial and operational pressures. Doing so, however,
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Jack Nathan Health® Explores Strategic Alternatives

by Jasmine Pennic 09/17/2024 Leave a Comment

Jack Nathan Health® Explores Strategic Alternatives

What You Should Know:  - Jack Nathan Medical Corp. (TSXV: JNH; OTCQB: JNHMF), operating as Jack Nathan Health®, a leading Canadian healthcare network has entered into a non-binding letter of intent (LOI) for a proposed transaction. This development follows the company’s recent announcements regarding the exploration of strategic alternatives. - A 30-day exclusivity period has been agreed upon with the other party involved in the LOI. Jack Nathan Medical Corp. has also secured
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Hackensack Meridian Health Launches 24/7 AI-Powered Primary Care Access

by Fred Pennic 09/16/2024 Leave a Comment

Hackensack Meridian Health Launches 24/7 AI-Powered Primary Care Access

What You Should Know:  - New Jersey's leading health network, Hackensack Meridian Health, is set to revolutionize primary care access with the upcoming launch of HMH 24/7, an AI-driven platform that seamlessly integrates virtual and in-person care.  - This new primary care initiative is a response to the evolving landscape of healthcare delivery, offering patients a convenient and connected way to manage their health. HMH 24/7: A New Era of Accessible, Personalized Care HMH
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