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Health IT | News, Analysis, Insights - HIT Consultant

ECRI Unveils Top 10 Health Technology Hazards for 2024

by Fred Pennic 02/01/2024 Leave a Comment

ECRI Unveils Top 10 Health Technology Hazards for 2024

What You Should Know: - ECRI, an independent healthcare safety organization, has released its annual Top 10 Health Technology Hazards list for 2024, highlighting critical safety concerns for healthcare providers and the medical device industry. - This year's list focuses on a diverse range of issues, from usability challenges of home medical devices to environmental impacts of patient care and the dangers of ransomware attacks. Top 10 Health Technology Hazards for 2024 Here's a
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Elevating Healthcare Through Risk Stratification: Lessons from North Carolina’s Value-Based Initiatives

by Kevin Riley, CEO and President & Sheena Ming, Clinical Success Consultant at Zyter|TruCare 02/01/2024 Leave a Comment

Elevating Healthcare Through Risk Stratification: Lessons from North Carolina's Value-Based Initiatives

As the healthcare landscape continues to evolve, there's a clear trend towards value-based care (VBC). This significant shift, which places a premium on patient health outcomes, diverges from the traditional fee-for-service approach. The aftermath of the COVID-19 pandemic has mainly catalyzed the adoption of VBC models, highlighting the importance of care quality and effectiveness rather than the sheer volume of services. This change reshapes healthcare, aligning it more closely with patient
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ApolloMed & BASS Medical Partner to Transform Value-Based Care in Northern California

by Fred Pennic 02/01/2024 Leave a Comment

ApolloMed & BASS Medical Partner to Transform Value-Based Care in Northern California

What You Should Know: - Apollo Medical Holdings (NASDAQ: AMEH), a provider-centric healthcare company, and BASS Medical Group, one of the largest multi-specialty medical groups in the Greater San Francisco Bay Area, announced today a strategic partnership aimed at revolutionizing value-based care in Northern California. - The strategic alliance between ApolloMed and BASS Medical Group promises to significantly impact the healthcare landscape in California. Bolstering Value-Based Care
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How Health Payment Accounts Reshape Employer-Employee Relationship

by Syed Hamza Sohail 01/31/2024 Leave a Comment

How Health Payment Accounts Reshape Employer-Employee Relationship

What You Should Know: Since 2018, we have been working with employer and payer partners to put Health Payment Accounts (HPAs) into the hands of Americans to help them more equitably access and afford healthcare.With Paytient available to nearly 1M members today, we wanted to better understand how the Paytient HPA changes behavior and attitudes toward the employers who sponsor it as an employee benefit. Transforming Employee Well-being and Workplace Dynamics with Positive Impact
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Ensemble Health Partners Joins Epic’s Rev Cycle Partners Program to Supercharge Revenue Cycle Optimization

by Fred Pennic 01/31/2024 Leave a Comment

Ensemble Health Partners Joins Epic's Rev Cycle Partners Program to Supercharge Revenue Cycle Optimization

What You Should Know: - Ensemble Health Partners (Ensemble), an innovator in revenue cycle management, announced its official partnership with Epic, a renowned electronic health records system (EHR) provider, in Epic's newly launched Rev Cycle Partners program. - This collaboration between Ensemble and Epic marks a significant advancement in revenue cycle optimization for healthcare organizations. By combining Ensemble's expertise with Epic's cutting-edge technology and shared commitment
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Specialty Pharmacy Drives 3.8% Increase in Drug Prices

by Jasmine Pennic 01/31/2024 Leave a Comment

Specialty Pharmacy Drives 3.8% Increase in Drug Prices

What You Should Know: - Vizient, Inc., a leading healthcare performance improvement company, has released its latest Pharmacy Market Outlook, projecting a 3.8% growth in drug price inflation. - The increase is the highest since July 2019 and is attributed in part to the expanding realm of specialty pharmacy, notably the increased utilization of weight loss drugs. The report also highlights the anticipated rise in provider spending due to the expansion of gene therapies. Price of
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Walmart Launches Optical Virtual Try-On and Online Prescription Purchases

by Fred Pennic 01/30/2024 Leave a Comment

Walmart Launches Optical Virtual Try-On and Online Prescription Purchases

What You Should Know: - Walmart is upping the ante with its new Optical Virtual Try-On (VTO) feature, allowing you to virtually "try on" hundreds of frames and purchase prescription glasses online. - Walmart's Optical Virtual Try-On and online prescription purchases offer a convenient, personalized, and exciting way to shop for eyewear. Beyond the Basics: A Supercharged VTO Experience While virtual try-on is gaining traction, Walmart's offering takes it a notch higher. They utilize
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Atropos Health and Google Cloud Partner to Turbocharge Real-World Evidence Generation for Healthcare Systems

by Jasmine Pennic 01/30/2024 Leave a Comment

Atropos Health and Google Cloud Partner to Turbocharge Real-World Evidence Generation for Healthcare Systems

What You Should Know: - Atropos Health, a leader in transforming real-world clinical data into personalized insights, today announced a game-changing collaboration with Google Cloud. - The partnership optimizes Atropos' GENEVA OS platform to seamlessly integrate with Google Cloud's Healthcare Data Engine (HDE) and BigQuery, empowering healthcare systems to unlock the full potential of their data. By simplifying data access, streamlining analytics, and democratizing insights, this
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RxBenefits Appoints Mark Campbell as Chief Pharmacy Officer

by Executive Digital Health Hires 01/30/2024 Leave a Comment

RxBenefits Appoints Mark Campbell as Chief Pharmacy Officer

What You Should Know: - RxBenefits, a leading pharmacy benefits optimizer (PBO), has announced the appointment of Mark Campbell, PharmD, as its first Chief Pharmacy Officer. - The newly created position underscores the company's commitment to using clinical expertise and technology to improve health outcomes and optimize costs for employers and employees. Campbell Bio/Background Campbell, a seasoned pharmacy leader with 27 years of experience, has been instrumental in the success of
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Hospitals See Financial Improvement in 2023, but Challenges Remain

by Fred Pennic 01/30/2024 Leave a Comment

Hospitals See Financial Improvement in 2023, but Challenges Remain

What You Should Know: - After enduring the worst year in recent memory, 2023 offered hope for hospitals and health systems, with data from Kaufman Hall showcasing general improvement across operational and financial measures. - The January issue of the National Hospital Flash Report reveals that while the road to full recovery is still under construction, the latest trends suggest a cautiously optimistic outlook. Financial Rebound, But Pre-Pandemic Levels Still
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KLAS: Epic Dominates 2024 EHR Market Share Amid Focus on Vendor Partnership; Oracle Health Sees Losses Despite Tech Advances

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'Cranky Index' Reveals EHR Alert Frustration Peaks Midweek, Highest Among Admin Staff

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Madison Dearborn Partners to Acquire Significant Stake in NextGen Healthcare

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Abbott to Integrate FreeStyle Libre Glucose Data with Epic EHR

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