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Health IT | News, Analysis, Insights - HIT Consultant

Cigna Ends Acquisition Talks with Humana, Announces $10B Share Repurchase Plan

by Fred Pennic 12/11/2023 Leave a Comment

Cigna to Acquire Express Scripts for $67B: 5 Things to Know

What You Should Know: - Health insurer Cigna has called off its attempt to acquire rival Humana after failing to reach an agreement on price, according to sources familiar with the matter, CNBC first reports. - The talks, which were revealed in November 2023, would have created a combined company exceeding $140B in value, but faced significant antitrust scrutiny. - The deal's failure comes six years after similar mega-mergers in the health insurance industry were blocked by regulators.
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EHR Data Holds Promise for Chronic Disease Surveillance, Study Reveals

by Jasmine Pennic 12/11/2023 Leave a Comment

EHR Data Holds Promise for Chronic Disease Surveillance, Study Reveals

What You Should Know: - As chronic disease rates rise across the U.S., researchers are exploring how electronic health records (EHRs) can be used to improve public health surveillance and intervention efforts. While 90% of healthcare providers in the U.S. utilize EHRs, sharing this data with public health departments is currently limited due to legal, political, and organizational barriers. - A new study from the Regenstrief Institute provides practical guidance for implementing governance
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Why Hospitals Need a Healthier Approach to Sustainability

by Douglas Poffinbarger, Director, Commercial Operations at Nostromo Energy 12/11/2023 Leave a Comment

Why Hospitals Need a Healthier Approach to Sustainability

Fighting climate change is an all-hands-on-deck mission. Hospitals, which keep us healthy and safe, share the responsibility for keeping the earth healthy and safe. Let’s explore hospitals' environmental footprint, their current efforts to improve, and one solution that could make a real difference. The Problem: Recognizing Hospitals' Impact on the Environment “Healthcare organizations can no longer ignore their contributions to greenhouse gas emissions,” reads a
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Rise of RCM Managed Services: 95% of Healthcare Execs Embrace RCM Outsourcing

by Fred Pennic 12/08/2023 Leave a Comment

Rise of RCM Managed Services: 95% of Healthcare Execs Embrace RCM Outsourcing

What You Should Know: - Ensemble Health Partners, a provider of revenue cycle management services, has released its 2024 Healthcare Business Trends Report, revealing a shift in priorities among healthcare executives. - The report, based on a survey of over 100 senior executives, highlights a growing focus on outsourcing revenue cycle management and leveraging external expertise to drive performance, improve financial health, and achieve long-term growth. 4 Trends Driving the Next 4
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Tracing Technological Advancements in CKD Treatment and Preventive Care

by Jeff Fox, Operating Partner at Chicago Pacific Founders 12/08/2023 Leave a Comment

Tracing Technological Advancements in CKD Treatment and Preventive Care

Chronic Kidney Disease (CKD) remains a widespread health concern, affecting more than one in seven US adults and posing a substantial burden on healthcare systems worldwide. Fortunately, the convergence of innovative technologies offers promising solutions to address this pressing issue. Such advancements stand to revolutionize how healthcare entities treat, prevent, and better understand this nuanced condition.  Expanding Treatment Today, CKD patients benefit from an array of
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Fraser Health Deploys Generative AI for MEDITECH Expanse EHR

by Fred Pennic 12/08/2023 Leave a Comment

Fraser Health Deploys Generative AI for MEDITECH Expanse EHR

What You Should Know: - Fraser Health Authority, a healthcare organization in Canada, is set to become one of the first health systems worldwide to deploy generative AI for clinical documentation. - This innovative initiative utilizes Google Cloud's Vertex AI and large language models (LLMs) to automatically generate initial drafts of hospital course narratives at the time of discharge, significantly reducing the time burden on clinicians and improving the efficiency of discharge
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R1 RCM Acquires Acclara for $675M, Secures 10-Year RCM Partnership with Providence Health System

by Fred Pennic 12/08/2023 Leave a Comment

R1 RCM Acquires Acclara for $675M, Secures 10-Year RCM Partnership with Providence Health System

What You Should Know: - R1 RCM Inc. (NASDAQ: RCM), a provider of technology-driven solutions for healthcare providers, announced a significant strategic partnership involving the acquisition of Acclara and a 10-year revenue cycle management agreement with Providence, one of the nation's largest health systems. - The acquisition of Acclara for $675M in cash and warrants will bolster R1's offerings and position it as the "trusted partner of choice" in comprehensive revenue cycle management.
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Clarify Health CEO Dr. Jean Drouin Steps Down as CEO, Terry Boch Takes the Helm

by Fred Pennic 12/07/2023 Leave a Comment

Dr. Jean Drouin Steps Down as CEO, Terry Boch Takes the Helm

What You Should Know: - Clarify Health Solutions, Inc. ("Clarify"), a healthcare analytics and value-based payment platform company, today announced that Jean Drouin, MD, founder and CEO, has stepped down from his role as CEO with the full support of the board of directors.   - Terry Boch, current chief commercial officer at Clarify, has been named the new CEO. Jean will continue to contribute to Clarify as a board member and senior advisor. Dr. Drouin will remain involved as a board
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b.well Connected Health Appoints Sarah Jones as Chief Outcomes Officer

by Digital Health Executive Appointments 12/07/2023 Leave a Comment

b.well Connected Health Appoints Sarah Jones as Chief Outcomes Officer

What You Should Know: - b.well Connected Health, the leading platform for unified consumer health experiences, announced the appointment of Sarah Jones as its Chief Outcomes Officer. - In this newly created role, Jones will oversee how b.well defines client success and ensures positive patient outcomes are aligned with long-term value for its health system, payer, and technology clients. "Chief Outcomes Officer is not a common role in digital health," said Alicia Raymond, Vice President
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Generative AI in Healthcare: Accuracy/Reliability Cited Biggest Challenge for Providers, KLAS Reports

by Fred Pennic 12/07/2023 Leave a Comment

Generative AI in Healthcare: Accuracy/Reliability Cited Biggest Challenge for Providers, KLAS Reports

What You Should Know:  - KLAS, a leading research and insights firm focusing on healthcare IT, recently released a report exploring the growing adoption and future plans of generative AI in healthcare organizations.  - The report, “Generative AI 2023: What Are Organizations’ Current Adoption & Future Plans?,” is based on the perspectives of 66 healthcare executives, provides valuable insights into the current state and future potential of generative AI in healthcare. What
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