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Health IT | News, Analysis, Insights - HIT Consultant

CMS Finalizes Medicare Payment Rule for Hospitals, Focuses on Equity, Safety, and Innovation

by Fred Pennic 08/05/2024 Leave a Comment

HHS Launches Investigation of Change Healthcare Cybersecurity Attack

What You Should Know:  - The U.S. Department of Health and Human Services (HHS) announced the final rule for Medicare payments and policies for inpatient hospitals and long-term care hospitals (LTCHs) for fiscal year (FY) 2025.  - The FY 2025 IPPS and LTCH PPS rule focuses on improving health outcomes, addressing social determinants of health, strengthening emergency preparedness, and promoting value-based care. Increased Payments and Addressing Social Determinants of
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VSee and Ava Robotics Develop AI-Powered ICU Robot

by Fred Pennic 08/05/2024 Leave a Comment

VSee and Ava Robotics Develop AI-Powered ICU Robot

What You Should Know:  - VSee Health, a telehealth services provider, and Ava Robotics, a developer of intelligent robots, announced a strategic partnership to develop innovative telepresence solutions for the inpatient intensive care unit (ICU) market. - The collaboration aims to create a VSee-powered Ava robot capable of autonomous navigation within the ICU environment. This advanced technology will enable remote physicians to interact with patients, consult with onsite staff, and
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7 Strategies to Modernize The Healthcare Payment Ecosystem

by Steve Rowe, Healthcare Lead at 3Pillar Global 08/05/2024 Leave a Comment

7 Strategies to Modernize The Healthcare Payment Ecosystem

Submitting and paying claims is the financial underpinning of the U.S. healthcare system, a system plagued with inefficiencies that create disconnects between health plans and health systems. As a result, revenue cycles and claims systems are clogged, the patient and member experience is disrupted, care quality is suffering, and innovations in care delivery are constrained.   The solution? Modernization.  Modernizing the healthcare ecosystem reduces wasteful administrative
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Epic EHR Now Enables Direct Patient Access to Health Data

by Fred Pennic 08/02/2024 Leave a Comment

Emory Healthcare Becomes First U.S. Hospital to Deploy Epic EHR on MacBook Air for Clinicians

What You Should Know:  - Epic Systems announced a development that will empower patients to have greater control over their health information, CNBC first reports. Patients will soon be able to directly share their health data with various apps of their choice, marking a significant step forward in data interoperability. - This new capability is made possible through the Trusted Exchange Framework and Common Agreement (TEFCA), a federal initiative aimed at facilitating secure and
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Responsible AI in Medicine for Underserved Populations

by Steve Miff, PhD, President & CEO of PCCI 08/02/2024 Leave a Comment

Leading the Way in Responsible AI in Medicine for Underserved Populations

Artificial intelligence (AI) is making a tangible difference in healthcare today. It's not about science fiction or flashy gimmicks. It’s not about deep fakes or plagiarized term papers. AI is being responsibly used to prevent medical errors, enhance clinical decision-making, expand access to care, and lower costs. While there's certainly overenthusiasm and misleading claims about AI, we can't ignore the many instances where it's making healthcare more efficient, effective, and
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R1 RCM to Be Acquired by TowerBrook and CD&R for $8.9B

by Fred Pennic 08/01/2024 Leave a Comment

R1 RCM to Be Acquired by TowerBrook and CD&R for $8.9B

What You Should Know:  - R1 RCM Inc., a leading provider of technology-driven healthcare revenue cycle management solutions, announced that it has entered into a definitive agreement to be acquired by investment funds affiliated with TowerBrook Capital Partners and Clayton, Dubilier & Rice (CD&R). The all-cash transaction values R1 at approximately $8.9 billion.   - Under the terms of the agreement, TowerBrook and CD&R will acquire all outstanding shares of R1
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The Sequoia Project Launches Pharmacy Workgroup to Enhance Patient Care Through Interoperability

by Fred Pennic 08/01/2024 Leave a Comment

The Sequoia Project Launches Pharmacy Workgroup to Enhance Patient Care Through Interoperability

What You Should Know:  - The Sequoia Project, a leading advocate for health information technology (health IT) interoperability, announced the launch of a new Pharmacy Workgroup as part of its Interoperability Matters program.  - The strategic initiative aims to improve patient care by fostering collaboration between pharmacies and the broader healthcare ecosystem. Launching and growing the pharmacy community of practice is a monumental undertaking for The Sequoia Project, made
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Clinical Trials Must Be More Equitable, Here’s How

by Gav Martell, VP of Business Development & Co-founder at Yonalink 07/31/2024 Leave a Comment

Clinical Trials Must Be More Equitable, Here’s How

The Need to Address Accessibility Gaps Clinical trials are a driving force of medical innovation. However, they are predominantly conducted in large urban hospitals that have larger staff and more resources, which puts trial participation out of reach for the majority of Americans who live outside of major city centers. Despite having as much interest as city-dwellers, these individuals often find participation in clinical trials nearly impossible due to daunting travel, logistical and
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AI Seen as Key Weapon Against Physician Burnout, Survey Finds

by Fred Pennic 07/31/2024 Leave a Comment

AI Seen as Key Weapon Against Physician Burnout, Survey Finds

What You Should Know:  - eClinicalWorks, a leading provider of cloud-based electronic health records (EHR) for ambulatory care, has released the results of a recent survey examining healthcare professionals' perceptions of artificial intelligence (AI) in the healthcare industry.  - The survey aimed to understand how AI-powered solutions can help address critical challenges like physician burnout, patient data management, and clinical documentation. Burnout Relief Through
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VitalHub Acquires MedCurrent for $34M to Enhance Healthcare Efficiency

by Fred Pennic 07/31/2024 Leave a Comment

VitalHub Acquires MedCurrent for $34M to Enhance Healthcare Efficiency

What You Should Know:  - VitalHub Corp., a leading provider of healthcare operations software and services, announced the acquisition of MedCurrent Corporation, a clinical decision support (CDS) company.  - The acquisition will integrate MedCurrent's OrderWise platform with VitalHub's existing Patient Flow software suite to create a comprehensive solution for managing healthcare resources. Financial Details of the Acquisition VitalHub will acquire MedCurrent for up to
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