What You Should Know:
According to reports Global Homecare Self-monitoring Device market is estimated to be valued at US$ 6.06 billion in 2023 and is expected to exhibit a CAGR of 4.9% during the forecast period (2023-2030).This is due to the increasing product launch by market players who started conducting research and development activities for the production of homecare self-monitoring devices. For instance, on November 1, 2022, BioIntelliSense, Inc. (a continuous health monitoring
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Health IT | News, Analysis, Insights - HIT Consultant
63% of Consumers Perceived Medical Billing as Challenging
What You Should Know:
HealthLock, a leading medical fraud and overbilling protection solution, today unveiled insightful findings from a recent attitudinal study exploring how adults in the United States feel about healthcare, from claims and billing to medical fraud and privacy.The study sheds light on consumer attitudes and preferences, highlighting the need for innovative solutions to address the public’s concerns.
Exploring National Sentiments Regarding Healthcare
In January 2023, a
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UnitedHealthcare Awards $11.1M in Grants to Expand Care Access
What You Should Know:
UnitedHealthcare, today announced it is awarding $11.1 million in grants to 66 nonprofit organizations across 12 states through its Empowering Health program. These grants address social determinants of health (SDoH) and help uninsured individuals and underserved communities. Since launching its Empowering Health commitment in 2018, UnitedHealthcare has invested more than $62 million in Empowering Health grants reaching more than 11 million people through
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KLAS: Pediatric Organizations Placing Emphasis on EMR Vendor Consolidation
What You Should Know:
The landscape of pediatric healthcare has shifted in recent years. Grappling with changes in the labor market, many pediatric organizations are seeking out a simplified IT approach that enhances patient care and bolsters efficiency. Some organizations have started to consolidate or have already consolidated their technology stack to fewer vendors, with many leveraging more functionality from their core EHR vendors.For this report, KLAS talked to 57 organizations using
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How the VA Uses Synthetic Data to Predict Veterans’ Suicide Risk
Suicide is a major public health crisis in America, resulting in one death every 11 minutes, on average.
In 2020, suicide was among the top 9 leading causes of death for people between 10 and 64 years of age. Each year, suicide and nonfatal self-harm cost the nation nearly $490 billion in medical costs, work-loss costs, the value of statistical life, and quality-of-life costs, according to statistics cited by the U.S. Centers for Disease Control and Prevention.
For America’s
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M&A: Axxess Acquires Home Health EHR Complia Health
What You Should Know:
- Home healthcare technology provider Axxess announced it has acquired Complia Health, a provider of EMR solutions, technology and services for home care, home health and hospice agencies.
- The acquisition will help both organizations combine resources to help clients accelerate outcomes and provide world-class care team and consumer experiences.Financial details of the acquisition were not disclosed. In addition, the acquisition adds more clients,
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Lone View Capital Acquires Majority Stake in Smartlinx’s Healthcare Workforce Platform
What You Should Know:
- Lone View Capital, a growth-oriented private equity firm has acquired a majority ownership stake in healthcare workforce platform Smartlinx.
- Lone View’s investment and deep operational expertise will support Smartlinx’s Healthcare Workforce Platform as the Company expands its innovative workforce management software and human capital solutions to address the rapidly changing needs of the long-term care, post-acute and adjacent senior care industries.
Healthcare
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Human Factors in Burnout and the Adoption of Medical Devices
Human factors and assessments in medical devices are becoming more important to health systems and health services researchers. The evolving priorities within healthcare truly underscore the importance of human factors and to practitioners gaining access to key contextual information to facilitate a more holistic view of the system.
Designing for Human Needs in Healthcare
Relative to other high-risk industries, medicine, and health systems have been slow to adopt a human factors
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Test Strip Detects Both Fentanyl & Xylazine Launches in Delaware to Combat Opioid Deaths
What You Should Know:
SIVAD Diagnostic Medical Group LLC (SIVAD), a minority-owned company dedicated to addressing the unique needs of underserved and unserved communities in the United States and globally, recently announced the launch of HarmGuard FX in Delaware, the first state in the nation to distribute this groundbreaking approach to reducing overdose deaths.HarmGuard FX is a single, low-cost strip that provides an affordable, reliable way for people to test substances for
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How Private Equity Firms Raided Safety Net Hospitals, Leading to Closures, Layoffs
What You Should Know:
- A new investigation by the Private Equity Stakeholder Project (PESP) reveals, for the first time, private equity (PE) investors were behind a safety net hospital closure in the Chicago area after making broken promises to regulators.
- The report, “How private equity raided safety net hospitals: Volume 2—Pipeline Health,” written by PESP researcher Mary Bugbee, highlights the pitfalls of private equity ownership of hospitals, including the monetization of
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