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Health IT | News, Analysis, Insights - HIT Consultant

M&A: HHAeXchange Acquires Generations Homecare System

by Fred Pennic 07/08/2024 Leave a Comment

M&A: HHAeXchange Acquires Generations Homecare System

What You Should Know:  - HHAeXchange, a provider of homecare management solutions, announced today the acquisition of Generations Homecare System.  - Generations offers a comprehensive software solution designed to streamline operations, improve care team collaboration, and ensure compliance for homecare agencies. The strategic move reinforces HHAeXchange's position as a frontrunner in the homecare technology space. A Growing Market Demands Innovation The homecare industry
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The Crucial Role of Patient-Level Data in Elevating Healthcare Outcomes

by Kamya Elawadhi, Chief Client Officer, Doceree 07/08/2024 Leave a Comment

The Crucial Role of Patient-Level Data in Elevating Healthcare Outcomes

In today's healthcare landscape, patients are more informed than ever before, thanks to easy access to online resources and a growing focus on patient education. This shift has transformed how healthcare is communicated, fostering a new era of personalized care and stronger connections in the industry. Taking center stage amidst such advancements is patient-level data that is being increasingly leveraged for enhanced care quality and strengthened patient-provider
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AI Nurses: The Solution to the Nursing Shortage and Beyond

by Kanwar Kelley, MD, JD, co-founder & CEO of Side Health 07/03/2024 Leave a Comment

AI Nurses: The Solution to the Nursing Shortage and Beyond

The healthcare sector is rapidly adopting AI to help improve disease detection and patient care along with delivering efficiency gains. The technology’s potential is fueling an array of investments and innovations in everything from cancer diagnosis to AI nurses. With respect to AI nurses, many believe this application is the only way to ease the industry's staffing shortages.  With the nursing labor gap expected to exceed 10 million by 2030, coupled with the imperative to improve
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Walmart Seeks Buyers for Shuttered Health Clinics After Failed Expansion

by Fred Pennic 07/03/2024 Leave a Comment

Walmart Expands Partnership with Inovalon for Complete View of Patient Journey

What You Should Know:  - Retail giant Walmart is reportedly shopping around a potential sale of its recently closed health centers, according to a recent Fortune report citing unnamed sources.  - The news comes just a few months after Walmart announced the closure of all 51 of its health clinics in late April. Financial Losses Prompt Sale The report claims Walmart has held talks with health insurance companies, including Humana, with the goal of recouping some of the
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Cano Health Emerges from Chapter 11, Focused on Florida Market

by Fred Pennic 07/03/2024 Leave a Comment

Cano Health Emerges Stronger from Chapter 11, Focused on Florida Market

What You Should Know:  - Cano Health, a value-based primary care provider, announced today that it has successfully exited Chapter 11 bankruptcy as a reorganized private company.  - The emergence follows a strategic restructuring aimed at improving the company's financial health and optimizing operations. Key Achievements of the Restructuring Debt Reduction: Cano Health significantly reduced its debt burden by converting over $1 billion of pre-bankruptcy debt into common
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New Hope for Early Alzheimer’s: FDA Approves Kisunla to Slow Disease Progression

by Fred Pennic 07/02/2024 Leave a Comment

New Hope for Early Alzheimer's: FDA Approves Kisunla to Slow Disease Progression

What You Should Know:  - Eli Lilly's Kisunla™ (donanemab-azbt) has been approved by the FDA as a treatment for adults in the early stages of Alzheimer's disease (AD), including those with mild cognitive impairment (MCI) and mild dementia, who have confirmed amyloid plaque buildup in the brain.  - The FDA approval marks a significant step forward in the fight against Alzheimer's, offering new hope for patients and their families. How Kisunla Works Kisunla targets amyloid
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Hummingbird Healthcare Secures $10M to Streamline Patient Access, Create Jobs

by Fred Pennic 07/02/2024 Leave a Comment

What You Should Know:  - Hummingbird Healthcare Inc., a tech-driven healthcare services company raises $10M in Series A funding led by UCHealth, a leading Colorado-based health system and existing investor. The round also included participation from CU Healthcare Innovation Fund, 8VC, and Gaingels. - With this new funding, Hummingbird is poised to expand its reach and empower healthcare providers to deliver exceptional patient experiences. Focus on Patient Access and Operational
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OMNY Health Democratizes Healthcare Data with Launch of AI Platform

by Syed Hamza Sohail 07/02/2024 Leave a Comment

OMNY Health Democratizes Healthcare Data with Launch of AI Platform

What You Should Know: -              OMNY Health, the leading healthcare ecosystem known for  facilitating compliant cross-industry data sharing launched its platform designed to power AI driven health technology companies, further cementing the company’s commitment to  democratizing healthcare data. -              QuantHealth and ArisGlobal are just
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AdvancedMD Summer Release Streamlines Revenue Cycle, Enhances EHR and Patient Engagement

by Jasmine Pennic 07/02/2024 Leave a Comment

AdvancedMD Summer Release Streamlines Revenue Cycle, Enhances EHR and Patient Engagement

What You Should Know:  - AdvancedMD, a provider of cloud-based healthcare software for independent practices, recently unveiled its 2024 summer product release.  - The update boasts over 30 new features designed to enhance efficiency, improve productivity, and ultimately, boost revenue for medical practices. Seamless Payment Processing Takes Center Stage The centerpiece of the release is the revolutionary AdvancedMD Pay terminal, a certified PAX A920 credit card processing
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Blind VA Employee Sues Over Inaccessible Oracle-Cerner EHR

by Jasmine Pennic 07/02/2024 Leave a Comment

Verizon Inks $448.3M Veterans Affairs Contract for Mobile Devices

What You Should Know:  - A Department of Veterans Affairs (VA) employee has filed a lawsuit against the agency, alleging its new Oracle-Cerner EHR system discriminates against employees and veterans with disabilities, Federal News Network reports.  - The lawsuit claims the Oracle-Cerner EHR system is incompatible with assistive technologies like screen readers used by visually impaired individuals. Legal Basis of the Lawsuit The lawsuit argues that the VA violated Section
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