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Health IT | News, Analysis, Insights - HIT Consultant

Bridges Health Partners Highmark BCBS Form Commercial Value-Based Care Agreement

by Syed Hamza Sohail 02/23/2024 Leave a Comment

Bridges Health Partners Highmark BCBS Form Commercial Value-Based Care Agreement

What You Should Know: Bridges Health Partners LLC (Bridges), a Clinically Integrated Network, and Highmark Blue Cross Blue Shield (Highmark) entered into a multi-year Value-Based Agreement for Highmark’s Commercial membership in Western Pennsylvania.The agreement is designed to improve the health of Highmark’s members by providing accessible, high quality, cost effective, patient centered care through member collaboration and innovation. This agreement builds on the successful
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Only 37% of Medical Practices Receive Value-Based Care Payments, Black Book Survey Reveals

by Fred Pennic 02/23/2024 Leave a Comment

Only 37% of Medical Practices Receive Value-Based Care Payments, Black Book Survey Reveals

What You Should Know: - While the shift towards value-based care (VBC) is underway, a recent Black Book survey reveals that only 37% of medical practices are currently receiving payments from upside-risk arrangements and shared savings, while 12% receive payments from full risk. - This leaves a significant portion, over 50%, still relying on traditional Fee-For-Service models. Healthcare Providers Seek Guidance in VBC Transition The survey also highlights the increasing demand for
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SCAN Foundation, Dandelion Health Partner to Advance Algorithmic Equity for Older Adults

by Syed Hamza Sohail 02/23/2024 Leave a Comment

SCAN Foundation, Dandelion Health Partner to Advance Algorithmic Equity for Older Adults

What You Should Know: The SCAN Foundation (TSF), an independent public foundation that catalyzes bold and equitable approaches to how older adults age in both home and community, today announced it has entered into a public-private partnership with technology innovator Dandelion Health to advance algorithmic equity for older adults, especially for historically marginalized populations.The partnership will expand Dandelion’s algorithm validation offering to include social
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CPSI Rebrands as TruBridge, Unifying Solutions for a Streamlined Future in Healthcare

by Jasmine Pennic 02/23/2024 Leave a Comment

CPSI Rebrands as TruBridge, Unifying Solutions for a Streamlined Future in Healthcare

What You Should Know: - CPSI (NASDAQ: CPSI) announced a strategic rebranding, transitioning to TruBridge, Inc. ("TruBridge") effective March 4, 2024. - The rebrand reflects a commitment to streamlining its offerings, strengthening its market presence, and driving future growth by creating a unified identity. A Unified Vision for Healthcare Solutions The new name, TruBridge, reflects the company's commitment to building a bridge between efficient financial management and quality
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Axle Health Secures $4.2M to Combat Home Healthcare Staffing Shortage

by Fred Pennic 02/22/2024 Leave a Comment

Axle Health Secures $4.2M to Combat Home Healthcare Staffing Shortage

What You Should Know: - Axle Health, a provider of scheduling and workforce management software for home healthcare, today announced the closing of an additional $4.2M in seed funding, bringing its total raised to $4.4M. - This latest round, led by TRAC VC with participation from existing investor Pear VC, will fuel Axle's mission to address the critical staffing shortage in the home healthcare industry through innovative technology solutions. Optimizing Care Delivery and Reducing
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Prior Authorization and Interoperability – Changing the Dynamics of Medicare

by Don Rucker, MD – Chief Strategy Officer, 1upHealth 02/22/2024 Leave a Comment

Prior Authorization and Interoperability – Changing the Dynamics of Medicare

CMS and Medicare are trying to change the dynamics of American healthcare. No need to rehash the well-known issues but what is new is the change in the hotspot. For the last 20 years, Medicare Fee for Service has been the hotspot of spending and value. You’ve heard the mantra (which dates at least as far back as 1906 with George Bernard Shaw’s play, “The Doctor’s Dilemma”). If you pay a set rate the medical establishment has an incentive to increase volume. Now fast forward to today and Medicare
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93% of Physicians Feeling Burned Out, Overburdened, and Hopeful for AI Solutions

by Jasmine Pennic 02/22/2024 Leave a Comment

athenahealth Physician Burnout

What You Should Know: - 93% of physicians are experiencing regular burnout, spending an average of 15 extra hours per work outside normal hours, according to athenahealth’s latest Nationwide Physician Sentiment Survey. - The athenahealth Physician Sentiment Survey provides valuable insights into the current state of American healthcare. Addressing the challenges highlighted in the survey is crucial to ensuring the well-being of both doctors and patients, while harnessing the potential of
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XiFin Appoints Erik Sallee as Chief Financial Officer & EVP

by Executive Digital Health Appointments 02/22/2024 Leave a Comment

XiFin Appoints Erik Sallee as Chief Financial Officer & EVP

What You Should Know: - XiFin, Inc., a pioneering force in healthcare information technologies, has announced the appointment of Erik Sallee as its new Chief Financial Officer (CFO) and Executive Vice President. - With a wealth of experience in finance and a track record of success in leading organizations through transformative growth phases, Sallee's arrival marks a significant milestone for XiFin as it charts its course towards enhanced operational efficiency and market
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Fabric Raises $60M to Automate Healthcare with AI-powered Care Enablement System

by Fred Pennic 02/21/2024 Leave a Comment

Fabric Raises $60M to Automate Healthcare with AI-powered Care Enablement System

What You Should Know: - Fabric, a leading care enablement platform developer, announced today a $60 million Series A funding round led by General Catalyst, with continued participation from Thrive Capital, GV (Google Ventures), and other notable investors. - The funding will be used to fuel Fabric's mission to humanize healthcare by automating administrative and clinical tasks, empowering both patients and clinicians. Addressing Crisis-Level Clinician Burnout With provider burnout at
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Netflix for Healthcare: Direct Primary Care & Shared Decision-Making

by Dr. Jacob DeWitt, MD, UHSM Ambassador and Founder, Integrative Direct Primary Care 02/21/2024 Leave a Comment

Netflix for Healthcare: Direct Primary Care & Shared Decision-Making

In an era when healthcare costs continue to soar, a deviation from the status quo is becoming increasingly necessary. Backing this up are recent findings by the Federal Reserve Board, which unearth an uncomfortable truth—that 28% of adults in the U.S. were compelled to forgo medical care in 2022 due to exorbitant costs. Both alarming and disappointing, this statistic underscores the urgent need for a transformative take on healthcare that places patients at the helm of their own unique
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Digital Health Funding Q3 2025: Choppy Undercurrents Beneath a Steady Surface

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