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Health IT | News, Analysis, Insights - HIT Consultant

9amHealth Expands Into Health Plans With EternalHealth

by Syed Hamza Sohail 11/02/2023 Leave a Comment

9amHealth Expands Into Health Plans With EternalHealth

What You Should Know:  9amHealth, the first-of-its-kind virtual cardiometabolic care clinic, is proud to announce its expansion into the health plan sector with a forward-looking partnership with Medicare Advantage plan, eternalHealth.This venture marks a significant milestone for 9amHealth as it brings its innovative and comprehensive care approach to the Medicare Advantage sector for the first time. Enabling Improved Virtual Care Accessibility The partnership
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Odesso Health’s Clinical Data Connector Launches On the athenahealth Marketplace and Appian AI Marketplace

by Syed Hamza Sohail 11/02/2023 Leave a Comment

Odesso Health’s Clinical Data Connector Launches On the athenahealth Marketplace and Appian AI Marketplace

What You Should Know: Odesso Health, innovators in bringing artificial intelligence (AI) to automate Electronic Medical Records (EMR) workflows, announced that the Company’s Clinical Data Connector (CDC) is now available on theathenahealth Marketplace and the Appian Community AppMarket. Built on the Appian platform, Odesso Health’s CDC automates document review, data extraction, and writing of key quality measures for EMRs/EHRs. Developing Solutions to Improve Patient
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NorthShore – Edward-Elmhurst Health Signs Largest VBC Deal in 5 Years

by Fred Pennic 11/02/2023 Leave a Comment

NorthShore – Edward-Elmhurst Health Signs Largest VBC Deal in 5 Years

What You Should Know: - Edward-Elmhurst Health (NS-EEH) has announced a significant, long-term partnership with Lumeris, a pioneer in value-based care (VBC). This partnership is a major development in the healthcare industry, representing the largest VBC provider deal since 2018. - With rising expenses outpacing reimbursement rates, health systems and physician organizations are increasingly turning to value-based care to avoid layoffs and service cuts. NS-EEH, the third largest healthcare
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Understaffed RCM Payment Teams Need a New Way Forward

by Shantanu Gangal, CEO, Prodigal 11/02/2023 Leave a Comment

Understaffed RCM Payment Teams Need a New Way Forward

Last year, only 8% of healthcare executives said their RCM or billing departments were adequately staffed, and a stunning 48% said the employee shortage was “severe,” according to a survey cited in MedCityNews. RCM teams are the engine that allows the machinery of healthcare organizations to run. Without effective billing and payment processes that deliver positive patient financial experiences, everything grinds to a halt. These staffing woes can’t continue. The cascade of problems that
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Waystar Postpones U.S. IPO in Response to Market Turbulence

by Fred Pennic 11/02/2023 Leave a Comment

Waystar Postpones U.S. IPO in Response to Market Turbulence

What You Should Know: - Waystar, a healthcare payments company, has decided to postpone its initial public offering (IPO) due to the ongoing market turmoil in the United States, according to a confidential source. Reuters first reports the company plans to revive its IPO efforts, but it is likely to wait until December at the earliest or possibly until 2024. -  The decision to delay the IPO was made in response to the volatility in the broader market. Despite receiving positive
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75% of Healthcare Organizations Hit by Ransomware Attacks, Sophos Survey Finds

by Fred Pennic 11/02/2023 Leave a Comment

75% of Healthcare Organizations Hit by Ransomware Attacks, Sophos Survey Finds

What You Should Know:  - Cybercriminals have been highly successful in their ransomware attacks on healthcare organizations, according to a new survey conducted by Sophos. “The State of Ransomware in Healthcare 2023, report reveals nearly 75% of the surveyed healthcare organizations reported that their data was successfully encrypted by the attackers.  - In addition, only 24% of healthcare organizations were able to disrupt a ransomware attack before the attackers encrypted their
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Amidst AI Promise, Health Information Workforce Shortages Persist: AHIMA Survey Revels

by Jasmine Pennic 11/02/2023 Leave a Comment

Amidst AI Promise, Health Information Workforce Shortages Persist: AHIMA Survey Revels

What You Should Know: - A new survey conducted by AHIMA reveals that 66% of health information (HI) professionals have experienced ongoing staffing shortages in their workplaces over the past two years. These shortages were notably prevalent in areas such as data quality, consumer health information, revenue cycle management, privacy, risk, and compliance, and data analytics. - The report, “Health Information Workforce: Survey Results on Workforce Challenges and the Role of Emerging
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Walmart Health Expands Affordable Access to Healthcare in Florida

by Fred Pennic 11/01/2023 Leave a Comment

Walmart Health Expands Affordable Access to Healthcare in Florida

What You Should Know:  - Today, Walmart Health announced it is entering into a relationship with both Ambetter from Sunshine Health, which provides insurance to individuals through the Florida health insurance marketplace, and Orlando Health, a private, not-for-profit network of community and specialty hospitals across Florida, through Care Coordination Agreements. - These collaborations will help Floridians gain access to affordable healthcare options with the type of convenience
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AdaptX Secures $10M for AI-Powered, Self-Serve Clinical Management

by Syed Hamza Sohail 11/01/2023 Leave a Comment

AdaptX Secures $10M for AI-Powered, Self-Serve Clinical Management

What You Should Know: - AdaptX, a self-serve clinical management solution company raises $10M in funding led by Cercano Management and included participation from notable entities, such as Memorial Hermann Health System, Morningside Ventures, and returning investors Founders' Co-op, Fortson VC, Star Equity, and WRF Capital. The company's focus is on using AI-driven technology to enable clinical leaders to make data-informed decisions and optimize patient care processes with a positive
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5G’s Role in Improving Quality and Reach of Healthcare

by Robin Manke-Cassidy, Director, Solution Marketing at Cradlepoint 11/01/2023 Leave a Comment

In the world of healthcare, new technologies aren’t just about being on the cutting edge of the latest trend. It’s about how technology can improve care and expand the reach of quality care through unprecedented methods. The latest 5G technologies, an increase in IoT devices, and the right network architecture create a perfect innovation combination for today’s healthcare sector. With faster speeds and more connected devices, healthcare professionals will be able to improve — and some already
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