What You Should Know:
VMG Health, a full-service healthcare strategy and transaction advisory firm acquires BSM Consulting (“BSM”), a specialist healthcare consulting firm with offices in Reno, Nevada and Phoenix, Arizona. VMG Health is owned by VMG employees and Northlane Capital Partners (“NCP”). NCP invested in VMG Health in March 2020.Founded in 1978 by Bruce Maller, BSM Consulting provides practice management consulting and compliance expertise to clients in ophthalmology and medical
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Health IT | News, Analysis, Insights - HIT Consultant
Report: 20% of Americans Skip Healthcare Due to Transportation Barriers
What You Should Know:
A new analysis shows more than 21% of U.S. adults without access to a vehicle or public transit went without needed medical care last year. These individuals were significantly more likely to skip care than those who reported neighborhood access to public transit services (9%).This analysis examining the association between transportation and access to healthcare was conducted by Urban Institute researchers with support from the Robert Wood Johnson
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10 Critical KPIs Every Successful Healthcare Organization is Implementing
Contract Logix white paper reveals the top 10 most important contract management KPIs and how to maximize their impact
It's critical for every healthcare organization to monitor and optimize its contracts and contracting processes using key performance indicators (KPIs). But how do you determine which KPIs are the most important to your business and how do you harness the data required to benchmark and track them?
By benchmarking and tracking these KPIs in your healthcare organization, you
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How Digital Transformation is Accelerating Healthcare and the Impact on Hospitals in the Future
The pandemic has accelerated the adoption of digital health technologies across the healthcare industry. Digital transformation is now the top priority for many healthcare leaders as they seek to build resilient systems. At its core, this means implementing emerging digital technologies to modify essential operations, processes, and services to ease staff workload and withstand future challenges.
The primary drivers of digital transformation are consumerism, cost, and experience/expectations,
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Practice Better Raises $27M to Support the Future of Health and Wellness Professionals
What You Should Know:
Practice Better, a leading, all-in-one practice management software platform for health and wellness professionals, announced today that it has raised a $27 million growth investment led by Five Elms Capital and follows a $1 million investment from Disruption Ventures in 2021.The investment will support the development of new integrations and strategic partnerships, as well as enhanced product features to help health professionals sustainably scale their businesses and
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Partnership Brings At-Home Specialty Care to Patients with Heart Failure
What You Should Know:
Sprinter Health, a mobile diagnostics company, and Story Health, a health technology and services company that provides scalable specialty care beyond the clinic, today announced their partnership to bring elevated healthcare into the homes of patients with heart disease. Heart disease is widespread and impacts nearly 50% of American adults. From hypertension to heart failure, heart disease costs nearly $219B each year and continues to be the leading cause of
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5 Digital Health Executives Share Their Key Takeaways from HIMSS23
John Erwin, CEO of Carenet Health
I was pleased with the robust turnout at HIMSS this year; it does seem like the healthcare industry is making up for the lost time from the pandemic. The topics that dominated the conference included teasing out the nuanced approach to safely deploying Chat GPT/AI into the industry (and when not to), health equity, and the patient journey. Workforce burnout continues to be a major issue in healthcare, though I think we could have
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Consumer Trust: How Healthcare Organizations Can Build Confidence with AI
Trust is a vital component of healthcare. It impacts whether someone shows up for a doctor’s appointment, follows their treatment plan, or plays an active role in their health.
But building trust doesn’t just happen at the front counter, inside the doctor's office, or in face-to-face interactions. Increasingly, consumers are interacting with their health plans through online and mobile touchpoints — and these virtual experiences are no less crucial to building trust than in-person
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M&A: Kaiser Acquires Geisinger, Forms Risant Health
What You Should Know:
Kaiser Foundation Hospitals and Geisinger Health are teaming up to launch Risant Health and a definitive agreement to make Geisinger the first health system to join Risant Health to expand access to value-based care in more communities across the country. Upon regulatory approval, Geisinger becomes part of the new organization through acquisition.Risant Health is a new nonprofit organization, created by Kaiser Foundation Hospitals, to expand and accelerate
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Walmart Health Continues 2024 Expansion into Oklahoma
What You Should Know:
Walmart Health announced its expansion into the state of Oklahoma, with four new health centers in the Oklahoma City area in 2024. This expansion into Oklahoma is a continuation of Walmart Health’s commitment to making quality healthcare more convenient, accessible and affordable for customers in the communities we serve.The new state-of-the-art facilities will be approximately 5,750 sq ft, located beside Walmart Supercenters, and will feature Walmart Health’s full suite
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