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Health IT | News, Analysis, Insights - HIT Consultant

InComm Payments Acquires AI-Powered HSA Solution Zenda

by Fred Pennic 08/08/2023 Leave a Comment

InComm Payments Acquires AI-Powered HSA Solution Zenda

What You Should Know:  InComm Payments announced it has acquired Zenda, an AI-powered HSA and FSA solution.  With aligned organizational goals of “helping more people better manage their health expenses and livelihoods,” the acquisition of Zenda allows InComm to enter into the employer health benefits category while also furthering the capabilities of its InComm Healthcare business unit which includes the Dual Network Benefit Card.  AI-Powered HSA and FSA Solutions for
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Investing in Modern and Advanced Treatment Devices to Help Treatment-Resistant Patient Populations

by Dr. Aron Tendler, M.D., Chief Medical Officer, BrainsWay 08/08/2023 Leave a Comment

Investing in Modern and Advanced Treatment Devices to Help Treatment-Resistant Patient Populations

When patients struggle with depression, common first-line responses involve talk therapy and prescription medication. Yet, we know that one-third of patients are treatment resistant to several medication trials, and a lot of people are left without relief. As mental health professionals look to bridge the gap in serving the growing demand of patients with mental illness, investing in modern and advanced treatment devices is a key component to successful outcomes.  A Star*D study
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Financial Pressures Named Top Barrier to Digital Health Adoption, Xealth-CHIME Survey Finds

by Fred Pennic 08/07/2023 Leave a Comment

Financial Pressures Named Top Barrier to Digital Health Adoption, Xealth-CHIME Survey Finds

What You Should Know:  Majority 90.5% of College of Healthcare Information Management Executives (CHIME) members have adopted digital health, despite nearly half (47.6%) cited financial pressures and staff resource constraints (19.1%) as top barriers to digital health adoption, according to a new survey Xealth.  Conducted online between May 15 and June 20, 2023, the Xealth survey examines the digital health experiences and attitudes of CHIME healthcare executives.  Defining
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Q/A: AiCure SVP Talks How Digital Health Can Improve Access to Clinical Trials

by Syed Hamza Sohail 08/07/2023 Leave a Comment

Q/A: AiCure SVP Talks How Digital Health Can Improve Access to Clinical Trials

The imperative to enhance access to quality care and research is a central concern gripping both the healthcare and pharmaceutical sectors. At the heart of this challenge lies the crucial necessity for clean and streamlined patient data, which currently suffers from inadequacies in comprehensiveness and accuracy. Addressing this pivotal issue carries immense benefits, particularly in the sphere of targeted trial recruitment efforts. By harnessing better patient data records, the possibilities
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The Crucial Role of Negotiating Payer Contracts Every 18 Months for Physician Offices

by Cameron Wood, Head of Client Services & COO at NGA Healthcare 08/07/2023 Leave a Comment

The Crucial Role of Negotiating Payer Contracts Every 18 Months for Physician Offices

The healthcare landscape is constantly evolving, with changes in technology, patient care, and the business of medicine all occurring at a rapid pace. One area that often goes overlooked but is equally critical to the success and sustainability of medical practice is the negotiation of payer contracts. With the rising costs of providing healthcare, it's essential that physician offices stay on top of their contracts with payers, such as insurance companies and government agencies. This article
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How Can Nursing Homes’ Data Problem Be Solved?

by Joel Landau, founder and chairman of The Allure Group 08/07/2023 Leave a Comment

4 Areas Where Big Data is Transforming Healthcare Right Now

Nursing homes have embraced technology, especially during the COVID-19 pandemic, to help seniors, staff, and clinicians better communicate with one another and for residents to stay in touch with loved ones. The use of electronic health records (EHRs) has saved long-term care providers both time and money. When it comes to managing billing and insurance reimbursement, complex data that is reported to different agencies in various formats and from a variety of systems has resulted in
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Biobeat RPM Integrates with Epic EHR to Enhance Vital Signs Data Transfer

by Fred Pennic 08/04/2023 Leave a Comment

Biobeat RPM Integrates with Epic EHR to Enhance Vital Signs Data Transfer

What You Should Know: Biobeat, a global provider of wearable remote patient monitoring (RPM) solutions for the healthcare continuum, announced its Epic EHR integration completion.The Epic EHR integration allows patient's vital signs to transfer from the Biobeat RPM devices directly to the EHR, reducing the medical staff's burden and enhancing their workflow. Epic EHR Integration Benefits Biobeat team estimates that by using their devices and system in the hospital settings they can
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Breaking Barriers: Overcoming Provider Adoption Challenges in Healthcare Analytics

by Kevin Keenahan, Chief Product Officer, Net Health 08/04/2023 Leave a Comment

Breaking Barriers: Overcoming Provider Adoption Challenges in Healthcare Analytics

In recent years, the healthcare industry has seen an explosion in the availability of big data, creating new avenues for growth, opportunity, and innovation across the field. Catalyzed by this influx of new data, healthcare analytics is driving the next generation of digital innovation in healthcare. Designed to deliver optimized workflows and revenues, greater clinical insights, and enhanced patient safety and care quality, healthcare analytics plays an essential role in improving core
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M&A: Waystar Acquires Patient Payment Platform Healthpay24

by Jasmine Pennic 08/03/2023 Leave a Comment

M&A: Waystar Acquires Patient Payment Platform Healthpay24

What You Should Know:  Waystar, a provider of healthcare payments software, today announced is has acquired enterprise patient payment platform HealthPay24. Financial details of the acquisition were not disclosed. This acquisition marks Waystar’s eighth since 2018, and will help augment Waystar’s existing expertise, furthering the company’s mission to simplify healthcare payments and make for a more seamless patient financial experience. HealthPay24 Background HealthPay24 is
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TytoCare Secures $49M, Launches Asthma Care Modules

by Fred Pennic 08/03/2023 Leave a Comment

TytoCare and Overlake Partner to Expand Virtual Care Offerings

What You Should Know:  Virtual care TytoCare secures $49M in additional growth funding for their Series D round led by global software investor Insight Partners, which also led TytoCare’s previous round. Notably, the round includes new investors, including MemorialCare — a leading California health system — as well as two major pension funds, Healthcare of Ontario Pension Plan (HOOPP) and Clal. This investment brings their total funding to $205M. The virtual care company will
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