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Health IT | News, Analysis, Insights - HIT Consultant

AvaSure Acquires Ouva’s Smart Room Solutions to Enhance AI-Powered Virtual Care Platform

by Fred Pennic 07/29/2024 Leave a Comment

AvaSure Acquires Ouva’s Smart Room Solutions to Enhance AI-Powered Virtual Care Platform

What You Should Know:  - AvaSure, a provider of acute virtual care, announced today the acquisition of Ouva's smart room solutions. This strategic move aims to accelerate the development of AI-powered virtual care solutions for hospitals.  - By integrating Ouva's advanced AI capabilities into its Intelligent Virtual Care Platform, AvaSure will significantly expand its offerings and enhance patient care. Financial details of the acquisition were not disclosed.  Expanding
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QuVa Pharma Acquires LogicStream Health

by Syed Hamza Sohail 07/29/2024 Leave a Comment

QuVa Pharma Acquires LogicStream Health

What You Should Know: ·      QuVa Pharma acquired LogicStream Health, a SaaS software informatics platform for healthcare system pharmacies. ·      LogicStream, now a wholly owned subsidiary of QuVa, uses machine learning and predictive analytics to address drug shortages. ·      The acquisition combines QuVa’s sterile compounding services and distribution with LogicStream’s clinical process improvement and drug
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Navigating the Final CMS Medicaid Managed Care Rule (CMS-2439-F)

by Gary Jessee, Senior Vice President of Sellers Dorsey 07/29/2024 Leave a Comment

Navigating the Final CMS Medicaid Managed Care Rule (CMS-2439-F)

On April 22, 2024, the Centers for Medicare & Medicaid Services (CMS) released the final rule, Medicaid Program; Medicaid and Children’s Health Insurance Program (CHIP) Managed Care Access, Finance, and Quality. The rule aims to promote consistency and transparency, with an increased focus on improving access, driving quality, and advancing equity for Medicaid beneficiaries. CMS has been moving in this direction for several years, and states managed care organizations, and providers have
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Humana to Leverage Google Cloud’s GenAI Capabilities to Improve Member Experiences

by Fred Pennic 07/26/2024 Leave a Comment

WellSky Taps Google Cloud to Build Gen AI Tools for Providers

What You Should Know:  - Humana Inc. (NYSE: HUM) announced a strategic multi-year agreement with Google Cloud to accelerate healthcare innovation through advanced cloud infrastructure and AI capabilities. This expanded partnership builds upon an existing collaboration between Humana and Google Health, focused on population health and AI solutions. - While the financial terms of the agreement were not disclosed, the partnership underscores both companies' commitment to transforming
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Astrana Health Acquires Collaborative Health Systems to Expand Care Delivery Network

by Jasmine Pennic 07/26/2024 Leave a Comment

Astrana Health Acquires Collaborative Health Systems to Expand Care Delivery Network

What You Should Know:  - Astrana Health, a leading technology-powered healthcare company acquires Collaborative Health Systems (CHS), a management services organization serving over 129,000 beneficiaries across 17 states.  - The strategic move will significantly expand Astrana’s care delivery capabilities and solidify its position as a key player in the value-based care market.   Expanding Geographic Footprint and Enhancing Care Delivery CHS brings a strong
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Oschner Ventures Launches $10M Ochsner Louisiana Innovation Fund

by Fred Pennic 07/26/2024 Leave a Comment

Oschner Ventures Launches $10M Ochsner Louisiana Innovation Fund

What You Should Know:  - Ochsner Ventures, the investment arm of Ochsner Health has announced the creation of the Ochsner Louisiana Innovation Fund.  - This $10M fund will invest in early-stage health and health-adjacent companies based in or with strong ties to Louisiana. The initiative is a collaborative effort between Ochsner Health and the Louisiana Economic Development (LED) agency, leveraging the State Small Business Credit Initiative (SSBCI). Focus on Improving
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CMS Establishes National Payment for AI Prostate Cancer Mapping

by Fred Pennic 07/26/2024 Leave a Comment

CMS Establishes National Payment for AI Prostate Cancer Mapping Technology

What You Should Know:  - Avenda Health, a pioneer in AI-powered prostate cancer care, announced today that the Centers for Medicare & Medicaid Services (CMS) has assigned a national payment rate for its prostate cancer mapping technology, Unfold AI.  - This significant development, alongside the establishment of a new Category III code by the American Medical Association (AMA), paves the way for broader adoption of Unfold AI and improved prostate cancer diagnosis and
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Xealth Partners with National Center on Shaken Baby Syndrome to Improve Infant Safety

by Jasmine Pennic 07/26/2024 Leave a Comment

Xealth Partners with National Center on Shaken Baby Syndrome to Improve Infant Safety

What You Should Know:  - Xealth, a digital health platform is teaming up with the National Center on Shaken Baby Syndrome (NCSBS) to leverage Xealth’s digital health tools in distributing critical information to new families.  - The strategic integration collaboration aims to reduce the incidence of shaken baby syndrome (SBS) and abusive head trauma (AHT) through the widespread adoption of the Period of PURPLE Crying program. Addressing the Shaken Baby Syndrome
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A Guide to Probiotics Market Trends and Opportunities

by Jasmine Pennic 07/26/2024 Leave a Comment

A Guide to Probiotics Market Trends and Opportunities

Probiotics are a popular topic in health and wellness, but what exactly are they?  Probiotics are beneficial microorganisms that provide health advantages to the host when consumed in sufficient quantities. These helpful bacteria are essential for promoting gut health and overall wellness. The human gut is home to trillions of microorganisms, collectively known as the microbiome, which influences various aspects of our health, from digestion to immune function. The growing awareness
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Strengthening Healthcare Resilience: A Vendor Checklist for Data Security and Business Continuity

by Lizz Fuller, Director of Implementation at MDaudit 07/26/2024 Leave a Comment

Strengthening Healthcare Resilience: A Vendor Checklist for Data Security and Business Continuity

In the aftermath of the cyber-attack on Change Healthcare by the BlackCat ransomware group, a renewed interest has emerged in protecting operations and ensuring contingencies are in place.  For impacted providers, the financial fallout from the attack is estimated at $500 million to $1 billion per day and climbing, driving home the fact that business continuity is everything in the aftermath of a cyber-attack. Presently, many healthcare organizations remain in limbo after the
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