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Health IT | News, Analysis, Insights - HIT Consultant

Roundups: 18 Recent Strategic Digital Health Partnerships

by Strategic Digital Health Partnerships 06/16/2023 Leave a Comment

Northwell Health, Siemens Healthineers Partner on Population Health Research Project

care.ai, an advanced Smart Care Facility Platform partners with Samsung to bring the highest quality graphics and display to care settings, elevating the patient experience by transforming hospitals, nursing homes and care facilities with smarter, more responsive care environments. care.ai can deliver an elevated experience for both clinicians and patients by offering health systems integrated solutions combining care.ai's Smart Care Facility Platform with Samsung's healthcare-grade displays.
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Top 4 Clinical Data Ingestion Challenges for Provider Execs

by Syed Hamza Sohail 06/16/2023 Leave a Comment

Top 4 Clinical Data Ingestion Challenges for Provider Execs

What You Should Know: Redox, a provider of healthcare interoperability – recently partnered with Sage Growth Partners to survey executives and technology decision-makers from over 100 large academic medical centers and multi-hospital health systems.The survey uncovered strategic cloud investment priorities for large healthcare organizations, including current and future use cases and desired business outcomes for cloud technology, as well as roadblocks to realizing those outcomes at scale.
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Emory Healthcare and DispatchHealth Partner to Offer In-Home Care to Patients in Metro-Atlanta

by Jasmine Pennic 06/16/2023 Leave a Comment

Emory Healthcare and DispatchHealth Partner to Offer In-Home Care to Patients in Metro-Atlanta

What You Should Know:  Emory Healthcare and DispatchHealth collaborate to offer patients a new option to receive convenient and safe follow-up and/or high acuity medical care in the comfort of their own homes. The collaboration is designed to improve access to health care and reduce the total cost of care for patients throughout Atlanta, Georgia and surrounding communities. Additionally, in collaboration with Emory Healthcare, DispatchHealth will supplement the health system's
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Value-Based Care Versus Fee-for-Service: Understanding the Key Differences in Healthcare Models

by Ram Krishnan, CEO, Valant 06/16/2023 Leave a Comment

Value-Based Care Versus Fee-for-Service: Understanding the Key Differences in Healthcare Models

Value-based care and fee-for-service are two kinds of healthcare reimbursement models for pricing healthcare services. While the fee-for-service model is more traditional, the newer value-based care model has been gaining popularity in recent years.Historically, value-based care has been harder to implement in behavioral healthcare due to difficulty measuring outcomes—it isn’t as simple as physical health. But, lately, this has been changing with the help of technology. This has had an impact on
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Revenue Cycle: 3 Reasons Why Waiting for AI Adoption is Costly

by Andrew Lockhart, CEO and Co-founder, Fathom 06/15/2023 Leave a Comment

Revenue Cycle: 3 Reasons Why Waiting for AI Adoption is Costly

Few can miss the increasing role of AI in healthcare. In revenue cycle management (RCM), the last few years have seen the emergence of new technologies for coding and billing. These tools take advantage of natural language processing, deep learning, and other advancements that enable results far superior to the rules-based robotic process automation of the prior generation. For example, take medical coding. Healthcare providers have historically relied on teams of medical coders – people
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Report: Inaccurate Drug Discount Requests Reach Nearly $1B

by Jasmine Pennic 06/15/2023 Leave a Comment

Report: Inaccurate Drug Discount Requests Reach Nearly $1B

What You Should Know:  Kalderos, a data infrastructure and analytics company, identified nearly $1B in inaccurate drug discount requests from 2016-Q1 2023 on its drug discount management platform.The report, titled "Mission Critical: Bringing drug discount stakeholders together so patients win," outlines Kalderos' vision for a new paradigm of cooperation among drug discount program stakeholders in which everyone benefits — particularly patients. Rising Costs of Inaccurate Drug
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M&A: Apixio and ClaimLogiq Merge to Minimize Reimbursement Inaccuracies

by Jasmine Pennic 06/15/2023 Leave a Comment

M&A: Apixio and ClaimLogiq Merge to Minimize Reimbursement Inaccuracies

What You Should Know:  Apixio announced it has completed its merger with ClaimLogiq, a healthcare technology business that delivers savings for health plans by reducing claim errors prior to payment. Together, the combined entity will be branded as Apixio.Together, the combination of Apixio and ClaimLogiq’s critical infrastructure, artificial intelligence, and proprietary healthcare data will accelerate the shift toward outcomes-based reimbursement models by reducing costs, minimizing
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Combating Hospital Waste to Reduce Greenhouse Gas Emissions

by Bill Purdy, CEO of Spry Therapeutics 06/15/2023 Leave a Comment

Combating Hospital Waste to Reduce Greenhouse Gas Emissions

With the growing concern around the current climate crisis, industry leaders everywhere seek new ways to reduce their carbon footprint. The healthcare industry alone accounts for 8.5% of emissions in the United States, with medical devices and products contributing to a significant portion of the 5.9 million tons of healthcare waste each year. However, healthcare leaders are ready to make a change. In 2022, 61 of the largest U.S. hospital and health sector companies joined the Health Sector
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M&A: BurstIQ Acquires Olive AI’s Business Intelligence Platform

by Fred Pennic 06/14/2023 Leave a Comment

BurstIQ Acquires Business Intelligence Platform from Olive AI

What You Should Know:  BurstIQ, a provider of data-driven healthcare solutions announced it has acquired Olive AI's business intelligence solution. The acquired solution, now known as LifeGraph Intelligence, further enhances BurstIQ's offerings, revolutionizing how organizations see and use their data. Financial details of the acquisition were not disclosed. The strategic acquisition expands BurstIQ's portfolio of innovative products, reinforcing its commitment to helping healthcare
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Claroty & Siemens Healthineers Launches End-to-End Cybersecurity Solution

by Jasmine Pennic 06/14/2023 Leave a Comment

Northwell Health, Siemens Healthineers Partner on Population Health Research Project

What You Should Know:  Medigate by Claroty announced its strategic partnership with medical technology company, Siemens Healthineers to protect healthcare enterprises from malicious cyberattacks.  Through a combination of software, managed services, and medical device security data sharing, the solution will increase reliability for patients by boosting risk management and operational efficiency. Additionally, the two companies will share medical device product security
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