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Health IT | News, Analysis, Insights - HIT Consultant

M&A: Ventra Health Acquires ArcMed

by Jasmine Pennic 07/18/2023 Leave a Comment

M&A: Ventra Health Acquires ArcMed

What You Should Know:  - Ventra Health, a business solutions provider for hospital-based clinicians, announced today the acquisition of ArcMed, an India-based billing and automation services organization. This acquisition will strengthen Ventra Health’s service performance and quality, optimize operational efficiencies, and provide added scale for automation and growth. - Ventra Health's new operating model, predictive analytics platform, and intelligent process automation will enable
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NeuroFlow Acquires Behavioral Health Tech Firm Capital Solution Design

by Syed Hamza Sohail 07/18/2023 Leave a Comment

NeuroFlow Acquires Behavioral Health Tech Firm Capital Solution Design

What You Should Know: NeuroFlow, the leading provider of behavioral health technology infrastructure, today announced that it has acquired Capital Solution Design (CSD), parent company to Behavioral Health Lab (BHL) and BHL Touch, a leading provider of measurement-based care solutions for the U.S. Department of Veterans Affairs (VA) and other healthcare organizations.The acquisition makes CSD a wholly-owned subsidiary, bringing BHL and BHL Touch and the company’s talent to
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PE Firm Thoma Bravo Makes Strategic Investment in Bluesight & Medacist Acquisition

by Fred Pennic 07/17/2023 Leave a Comment

PE Firm Thoma Bravo Makes Strategic Investment in Bluesight & Medacist Acquisition

What You Should Know:  - Today Thoma Bravo, a private equity software investment firm, announced a strategic growth investment in Bluesight, the Medication Intelligence™ Company. Current investor New Leaf Ventures will remain invested in the business. Financial terms of the transaction were not disclosed. - This investment will support Bluesight's acquisition of Medacist, the lead innovator in drug diversion monitoring, and drive the growth of Bluesight's inventory management and
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M&A: Capsa Healthcare Acquires MASS Medical Storage

by Jasmine Pennic 07/17/2023 Leave a Comment

Capsa Healthcare Acquires MASS Medical Storage

What You Should Know:  - Capsa Healthcare, a provider of healthcare workflow solutions, announced the acquisition of MASS Medical Storage, a prominent manufacturer of high-quality medical storage and endoscope cabinet drying systems.  - The strategic acquisition strengthens Capsa Healthcare's global position as a premier provider of innovative and efficient workflow solutions for hospitals, clinics, and surgery centers.- With this acquisition, Capsa Healthcare gains access to MASS
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Charting a Path Forward for Behavioral Health After the Public Health Emergency

by Talib Jaber, RPh, VP of Customer Success, Sunwave Health 07/17/2023 Leave a Comment

Charting a Path Forward for Behavioral Health After the Public Health Emergency

The pandemic caused a significant increase in overdose and Substance Use Disorder (SUD) related deaths, exposing long-standing deficiencies in the identification and treatment of SUD. So, with the end of the public health emergency (PHE) on May 11, 2023, and the cessation of PHE-related exceptions that increased access to mental health resources, there is reason for concern. And recent statistics bolster this worry. Ninety percent of US adults believe the country faces a mental health crisis,
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NextGen to Pay $31M Settlement for False Claims Act Allegations

by Syed Hamza Sohail 07/14/2023 Leave a Comment

NextGen to Pay $31M Settlement for False Claims Act Allegations

What You Should Know:  EHR vendor NextGen Healthcare has agreed to pay $31M to settle allegations that NextGen violated the False Claims Act (FCA) by misrepresenting the capabilities of certain versions of its EHR software and providing unlawful remuneration to its users to induce them to recommend NextGen’s software. The civil settlement includes the resolution of claims brought under the qui tam or whistleblower provisions of the False Claims Act by Toby Markowitz and Elizabeth
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U.S. News & World Report Integrates 3M AM-PPCs with Best Hospitals Specialty Rankings

by Jasmine Pennic 07/14/2023 Leave a Comment

U.S. News & World Report Integrates 3M AM-PPCs with Best Hospitals Specialty Rankings

What You Should Know:  U.S. News & World Report will incorporate the 3M™ Ambulatory Potentially Preventable Complications (3M AM-PPCs) software in the analysis of its 2023-2024 Best Hospitals Specialty rankings.Developed to address patient safety and quality oversight for procedures performed in hospital outpatient departments or ambulatory surgery centers, 3M AM-PPCs uses sophisticated classification logic and allows providers and payers to identify and analyze complications in
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Chatbot Care Managers? ACOs Should Be Cautious in AI Adoption

by Theresa Hush, CEO and Co-founder of Roji Health Intelligence 07/14/2023 Leave a Comment

Chatbot Care Managers? ACOs Should be Cautious in AI Adoption

Given Artificial Intelligence’s potential to improve patient care and reduce costs, it’s no surprise that AI applications are gaining momentum in health care. As your organization explores the benefits of AI in your journey towards Value-Based Care, however, you need to carefully assess the implications, for better and worse. Evaluating AI implications can be tricky. Healthcare AI varies widely, with clinical technology paving the way for advancements in diagnostics and treatment. But
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Paytient Raises $7.5M in Venture Debt for Health Payment Platform

by Jasmine Pennic 07/13/2023 Leave a Comment

Paytient Raises $63M to Expand Health Payment Accounts (HPAs)

What You Should Know:  Paytient, the Health Payment Account (HPA) that helps plan members access affordable health care, officially announced Silicon Valley Bank has finalized a $7.5M venture debt facility. To date, the company has raised $55.5M in equity from leading investors including Mercato, Bertelsmann Investments, Lightbank, Felicis Ventures, Box Group, Lachy Groom, Left Lane Capital, Commerce Bank, Crossbeam Ventures, Cultivation Capital, and Inspired
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Why Today’s Patient Surveys Are Not Working for Healthcare

by Leslie Pagel, Chief Evangelist of Authenticx 07/13/2023 Leave a Comment

Why Today’s Patient Surveys Are Not Working for Healthcare

As more healthcare organizations prioritize and embrace a customer-centered care model, they’ve recognized the critical need to listen to — and really hear — their healthcare customers. Improving the quality of care requires accurate measurement and analysis of patient experiences. But while most organizations rely on Net Promoter Scores (NPS) and Customer Satisfaction Scores (CSAT), these patient surveys miss valuable customer information and insights. Healthcare providers have turned
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