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Health IT | News, Analysis, Insights - HIT Consultant

Specialty Pharmacy Drives 3.8% Increase in Drug Prices

by Jasmine Pennic 01/31/2024 Leave a Comment

Specialty Pharmacy Drives 3.8% Increase in Drug Prices

What You Should Know: - Vizient, Inc., a leading healthcare performance improvement company, has released its latest Pharmacy Market Outlook, projecting a 3.8% growth in drug price inflation. - The increase is the highest since July 2019 and is attributed in part to the expanding realm of specialty pharmacy, notably the increased utilization of weight loss drugs. The report also highlights the anticipated rise in provider spending due to the expansion of gene therapies. Price of
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Walmart Launches Optical Virtual Try-On and Online Prescription Purchases

by Fred Pennic 01/30/2024 Leave a Comment

Walmart Launches Optical Virtual Try-On and Online Prescription Purchases

What You Should Know: - Walmart is upping the ante with its new Optical Virtual Try-On (VTO) feature, allowing you to virtually "try on" hundreds of frames and purchase prescription glasses online. - Walmart's Optical Virtual Try-On and online prescription purchases offer a convenient, personalized, and exciting way to shop for eyewear. Beyond the Basics: A Supercharged VTO Experience While virtual try-on is gaining traction, Walmart's offering takes it a notch higher. They utilize
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Atropos Health and Google Cloud Partner to Turbocharge Real-World Evidence Generation for Healthcare Systems

by Jasmine Pennic 01/30/2024 Leave a Comment

Atropos Health and Google Cloud Partner to Turbocharge Real-World Evidence Generation for Healthcare Systems

What You Should Know: - Atropos Health, a leader in transforming real-world clinical data into personalized insights, today announced a game-changing collaboration with Google Cloud. - The partnership optimizes Atropos' GENEVA OS platform to seamlessly integrate with Google Cloud's Healthcare Data Engine (HDE) and BigQuery, empowering healthcare systems to unlock the full potential of their data. By simplifying data access, streamlining analytics, and democratizing insights, this
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RxBenefits Appoints Mark Campbell as Chief Pharmacy Officer

by Executive Digital Health Hires 01/30/2024 Leave a Comment

RxBenefits Appoints Mark Campbell as Chief Pharmacy Officer

What You Should Know: - RxBenefits, a leading pharmacy benefits optimizer (PBO), has announced the appointment of Mark Campbell, PharmD, as its first Chief Pharmacy Officer. - The newly created position underscores the company's commitment to using clinical expertise and technology to improve health outcomes and optimize costs for employers and employees. Campbell Bio/Background Campbell, a seasoned pharmacy leader with 27 years of experience, has been instrumental in the success of
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Hospitals See Financial Improvement in 2023, but Challenges Remain

by Fred Pennic 01/30/2024 Leave a Comment

Hospitals See Financial Improvement in 2023, but Challenges Remain

What You Should Know: - After enduring the worst year in recent memory, 2023 offered hope for hospitals and health systems, with data from Kaufman Hall showcasing general improvement across operational and financial measures. - The January issue of the National Hospital Flash Report reveals that while the road to full recovery is still under construction, the latest trends suggest a cautiously optimistic outlook. Financial Rebound, But Pre-Pandemic Levels Still
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4 Key Ways QHINs Will Improve Healthcare Interoperability

by John Blair, MD, CEO of MedAlllies 01/29/2024 Leave a Comment

4 Key Ways QHINs Will Improve Healthcare Interoperability

Like tales of Bigfoot and UFO sightings, talk of Qualified Health Information Networks (QHINs) has been met around the health industry with some skepticism, with some in health IT asking, “Are QHINs real?” Though the question was posed partly in jest, doubts about the reality of QHINs have been somewhat understandable. QHINs were created as part of the Trusted Exchange Framework and Common Agreement (TEFCA), a set of regulations designed to improve healthcare interoperability by establishing
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Ochsner Health Appoints Amy Trainor as Chief Information Officer

by Executive Hospital/Health System Hires 01/29/2024 Leave a Comment

What You Should Know: - Ochsner Health has appointed Amy Trainor as its new System Vice President and Chief Information Officer. - In her new role as CIO, Trainor will oversee the design, implementation, and utilization of information services across the organization's vast network of 46 hospitals, 370+ health and urgent care centers, and its cutting-edge Connected Health program. Amy Trainor Bio/Background Trainor brings extensive experience and a proven track record to the table.
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Physician Burnout and Depression Rates Decline, Medscape Report Reveals

by Fred Pennic 01/26/2024 Leave a Comment

Physician Burnout and Depression Rates Decline, Medscape Report Reveals

What You Should Know:    - For the first time in years, a glimmer of hope has emerged in the fight against physician burnout and depression. - The latest Medscape Physician Burnout & Depression Report reveals a significant decline in the rates among U.S. doctors, suggesting a potential shift in the overall mental well-being of this critical workforce. Burnout Rates Dip, but Challenges Remain The Medscape Physician Burnout & Depression Report 2024, titled "We Have
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Top 7 Healthcare Focus Areas for Mastering Modern CPQ Technology in 2024

by Sri Tella, Sr. Director of Technical Product Management at McKesson 01/26/2024 Leave a Comment

Top 7 Healthcare Focus Areas for Mastering Modern CPQ Technology in 2024

In an era where the precision and timeliness of healthcare delivery are paramount, digital transformation is not a business want, but a business requirement. This transformation must span the entire continuum of care, from the patient to the payer, to ensure seamless healthcare delivery. Enter Configure, Price, Quote (CPQ) technology. While the term 'CPQ' might seem distanced from direct patient care, these tools are, in fact, pivotal for a modern, patient-centric healthcare system. Far from
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iPN and Lumeris Join Forces to Boost Value-Based Care

by Jasmine Pennic 01/25/2024 Leave a Comment

iPN and Lumeris Join Forces to Boost Value-Based Care

What You Should Know: - In a move to improve healthcare delivery and patient outcomes in the Denver metro area, Integrated Physician Network (iPN) and Lumeris announced a strategic partnership today. - The iPN and Lumeris partnership marks a significant step forward for value-based care in Denver. By combining their resources and expertise, these two organizations are poised to deliver high-quality, patient-centered healthcare to the communities they serve. This collaboration is a
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