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Health IT | News, Analysis, Insights - HIT Consultant

Healthcare M&A Market Braces for a Cautiously Optimistic 2024

by Fred Pennic 12/28/2023 Leave a Comment

Healthcare M&A Market Braces for a Cautiously Optimistic 2024

What You Should Know: - Despite a 13% decline in deal volume compared to 2022, PwC's latest Health Services Deals Outlook paints a cautiously optimistic picture for 2024. - While a cautious optimism prevails, several factors suggest that 2024 could be a dynamic year for healthcare M&A. Adaptability, resourcefulness, and a focus on value creation will be key for dealmakers navigating the evolving landscape. Fueling the Fire  While headwinds like high-interest rates and regulatory
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Using Advanced Tech to Enhance Patient Retention of Information After Medical Visits

by Gary Hamilton, CEO, InteliChart 12/28/2023 Leave a Comment

Using Advanced Technology to Enhance Patient Retention of Information After Medical Visits

Seldom do people receive as much important information as quickly as they do during doctor’s visits and hospital stays. Stressful settings, unfamiliar terms, too-brief conversations, and the heightened emotions surrounding health issues combine to make it difficult for patients to comprehend and recall what they’re told. Nearly two in three Americans are not extremely confident in their understanding of the health information they discuss with their doctor, according to a 2021 study from the
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MEDITECH Joins Cancer Moonshot Initiative to Standardize Cancer Data

by Jasmine Pennic 12/27/2023 Leave a Comment

MEDITECH Taps Innovaccer to Advance Its Population Health Capabilities

What You Should Know: - MEDITECH, a healthcare information technology company, is joining forces with the Biden administration's ambitious Cancer Moonshot initiative to improve cancer care through data standardization and collaboration. - Announced at the ONC Annual Meeting, this partnership signals a significant step towards achieving better health outcomes for millions of Americans impacted by cancer. Standardizing Cancer Data for Improved Care The Cancer Moonshot initiative,
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How Community Schools Can Improve Their Healthcare Initiatives

by Thomas Shaffer, President, Campus Clinic 12/27/2023 Leave a Comment

How Community Schools Can Improve Their Healthcare Initiatives

If you ever visited the nurses’ office or had an eye exam at school as a child, you benefitted from campus healthcare initiatives. Community schools can (and should) go beyond education to serve as critical healthcare providers for students, staff, and their families.  Unfortunately, many school districts have been forced to re-evaluate their healthcare options in recent years due to financial challenges, staffing issues, and the general volatility that accompanied the COVID-19
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Constellation Software Acquires MEDHOST, Bolstering Healthcare Portfolio

by Fred Pennic 12/27/2023 Leave a Comment

Constellation Software Acquires MEDHOST, Bolstering Healthcare Portfolio

What You Should Know: - Constellation Software Inc. (TSX: CSU) announced its subsidiary N. Harris Computer Corporation (Harris) has acquired MEDHOST, Inc., a provider of electronic health record (EHR) solutions. - This acquisition aligns with Harris' long-term commitment to the healthcare sector. With over 200 businesses operating in diverse industries, Harris has a proven track record of successfully integrating and growing acquired companies. By adding MEDHOST to its portfolio, Harris
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Intelligent Scopes and Mayo Clinic Partner to Develop AI-Powered Tools for Bladder Cancer

by Fred Pennic 12/22/2023 Leave a Comment

Intelligent Scopes and Mayo Clinic Partner to Develop AI-Powered Tools for Bladder Cancer

What You Should Know: - Intelligent Scopes Corp, a subsidiary of Claritas HealthTech Ltd., and Mayo Clinic have joined forces to develop cutting-edge artificial intelligence (AI) solutions for bladder cancer diagnosis and treatment. - The goal of strategic collaboration aims to leverage the combined expertise of both organizations to improve patient outcomes and reduce healthcare costs. Why Early Detection is Critical for Bladder Cancer Bladder cancer is a significant burden, not
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Sensitive Data Requires Great Responsibility: The Importance of ‘Privacy and Security by Design’ in Healthcare

by Chris Bowen, founder and CISO at ClearDATA 12/22/2023 Leave a Comment

Sensitive Data Requires Great Responsibility: The Importance of 'Privacy and Security by Design' in Healthcare

In healthcare, sensitive data comes with great responsibility. For companies entrusted with managing and protecting patients’ personal information, ensuring the privacy of that data must be the highest priority. These companies are called to act as vigilant guardians, especially when you consider that secure and accurate data can literally save lives. Enter the concept of 'privacy and security by design,' an approach that goes beyond merely meeting compliance standards and, instead, embedding
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FQHCs Shine in Value-Based Care: MHN Partners Achieve $10M Savings and Perfect Quality Score

by Fred Pennic 12/22/2023 Leave a Comment

What You Should Know: - Medical Home Network (MHN), a leading care enablement partner for FQHCs, announced that its partners participating in the NeueHealth Premier ACO achieved $10.1 million in gross savings and a perfect 100% quality score in the 2022 performance year. - This accomplishment, under the ACO Realizing Equity, Access, and Community Health (REACH) Model, involved 20 FQHCs across Ohio, Missouri, and Illinois serving approximately 10,000 Medicare beneficiaries. The success
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Reverse Bed Chain, a New Way to Tackle Hospital Inefficiencies

by Connie Moser, CEO Navenio 12/22/2023 Leave a Comment

Reverse Bed Chain, a New Way to Tackle Hospital Inefficiencies

The current NHS waiting list has hit 7.3 million in the UK, increasing monthly. A recent survey conducted by the NHS revealed only 21.3% of staff reported that there is enough headcount available for them to do their job properly and 44.8% admitted to witnessing errors, near misses, or incidents that could have hurt staff or patients. The same frustrations exist in the US healthcare system. In a letter sent in March to the House Energy and Commerce Committee, the American Hospital
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Goodbye WebMD: Will AI Now Replace Internet Research for Self-Diagnosis?

by Fred Pennic 12/22/2023 Leave a Comment

Goodbye WebMD: Will AI Now Replace Internet Research for Self-Diagnosis?

What You Should Know - As Americans set their sights on a healthier 2024, a new survey by DrFirst's iPrescribe app reveals some interesting trends in health priorities and concerns. - While traditional resolutions like exercising more and losing weight remain top of mind, the survey unveils a wave of optimism surrounding new treatment options, particularly for weight management. Exercise, Sleep, and Weight Loss Reign Supreme Exercising more and losing weight claim the top spots on
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Beyond the Hype: Building AI Systems in Healthcare Where Hallucinations Are Not an Option

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Health IT Sector Navigates Policy Turbulence with Resilient M&A

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PwC Report: US Medical Cost Trend to Remain Elevated at 8.5% in 2026

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Philips Launches ECG AI Marketplace, Partnering with Anumana to Enhance Cardiac Care with AI-Powered Diagnostics

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