What You Should Know:
- CoachCare, a leading remote patient monitoring (RPM) and virtual health company, has made its fourth acquisition in 12 months, snapping up Nashville-based Verustat for an undisclosed amount.
- This strategic move further strengthens CoachCare's position in the rapidly growing RPM market, projected to reach $175.2 billion by 2027.
Strengthening Focus on Chronic Conditions
Founded in 2020, Verustat brings valuable expertise in primary care and cardiology, areas
Read More
Health IT | News, Analysis, Insights - HIT Consultant
3 Compelling Reasons — Beyond the Law — to Expand Consumer Access to Personal Records
Rules and regulations protecting consumer data often burden businesses, no matter your industry.
Rigorous consumer protections bog down financial institutions, e-commerce companies and educational organizations. These safeguards become even more demanding as consumers and government agencies call for increased transparency and access to personal data.
Healthcare is no exception. Our industry has undergone several iterations of consumer data protection rules — starting in 1996 with
Read More
KAID Health Secures $9M to Drive AI-Driven Healthcare Efficiency
What You Should Know:
- KAID Health, the AI-powered healthcare solutions pioneer, has secured a significant $9 million in funding led by Activate Venture Partners, Martinson Ventures, Boston Millennia Partners, and Brandon Hull, alongside KAID Health's Board of Directors.
- With this new funding, KAID Health plans to expand its reach to more providers and their payer partners and develop new service offerings.
Unlocking the Power of Whole Chart Analysis
KAID Health's flagship
Read More
PCA Rx & Cost Plus Drugs Partner to Transform Drug Pricing Transparency
What You Should Know:
- PCA Rx and Cost Plus Drugs, are joining forces to tackle the longstanding issue of opaque and inflated drug pricing in the US healthcare system.
- This landmark collaboration paves the way for greater transparency, accessibility, and affordability for employers and individuals nationwide.
Prioritizing Drug Pricing Transparency
By prioritizing transparency, this partnership empowers employers and members to make informed choices and fosters a more engaged
Read More
Healthy Data Management: How IT Assists Healthcare Institutions
To obtain test results today, there's no need to visit the hospital. Simply open a mobile app and download the report to your smartphone. Doctors remotely manage patient data without being tied to a specific medical facility. They also handle large volumes of data effortlessly within their hospitals. This became possible thanks to electronic health records, telemedicine, and cloud solutions. However, along with advancements, challenges in digital healthcare are increasing. Let's discuss how to
Read More
AHIMA Appoints Dr. Kevin Klauer as New CEO
What You Should Know:
- The American Health Information Management Association (AHIMA) has appointed Dr. Kevin Klauer as its new Chief Executive Officer (CEO), effective January 8, 2024.
- Dr. Klauer will succeed Amy Mosser, MBA, who served as interim CEO since June. Mosser, a critical member of AHIMA's executive team since 2019, will transition to the role of President of HCPro, LLC, a for-profit, wholly-owned subsidiary of AHIMA.
Dr. Klauer Bio/Background
Dr. Klauer's extensive
Read More
The Limitations of 2D Barcodes for Surgical Documentation
As the healthcare sector embraces technology to tackle slow, time-consuming workflows, one task targeted for an innovation makeover is surgical supply data collection.
The capturing of every reportable item used in surgery is vital from a patient safety and business perspective.
In this article, we look at the evolution of surgical supply documentation tools - and in particular, assess the current transition from traditional 1D linear barcodes to 2D.
We investigate whether the
Read More
Gartner Releases Healthcare Supply Chain Top 25 for 2023: Cleveland Clinic Rated #1
What You Should Know:
- The 15th annual Gartner Healthcare Supply Chain Top 25 ranking is out, offering a snapshot of the leading U.S. health systems excelling in this crucial area.
- This year, Cleveland Clinic reigns supreme, showcasing leadership in digital initiatives and environmental, social, and governance (ESG) commitment.
Cleveland Clinic Takes the Top Spot
Cleveland Clinic clinches the top spot in the 2023 ranking, demonstrating leadership in both digital initiatives and
Read More
TREND Health Acquires Advent for AI-Powered Healthcare Payment Accuracy
What You Should Know:
- TREND Health Partners, a rapidly growing provider of AI-driven solutions, has acquired Advent Health Partners, an AI-driven platform identifies and standardizes clinical attributes from itemized bills and medical records, expediting critical information presentation and ensuring timely and appropriate reimbursement.
- This strategic combination brings together two industry powerhouses, creating a comprehensive platform for payers and providers seeking to optimize
Read More
AMA Survey Explores Physician Sentiments on AI in Healthcare
What You Should Know:
- Physicians are cautiously optimistic about artificial intelligence (AI) in healthcare, according to a new survey by the American Medical Association (AMA). While 41% are equally excited and concerned about its potential, nearly two-thirds see its advantages if specific concerns are addressed.
- The survey of 1,081 physicians, conducted in August 2023, reveals a complex picture of how doctors view this transformative technology, highlighting both its potential
Read More