Modern healthcare is an intricate dance between quality and quantity.
Payers and insurance providers want better patient outcomes due to the high cost of poor health, while health providers want to ensure their patients aren’t overlooked and are appropriately cared for.
To understand how we can satisfy the needs of both patients and payers, we’ll have to take a step back and look at the relationship between payer communities and telehealth services.
Behavioral
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Health IT | News, Analysis, Insights - HIT Consultant
Walgreens-Backed VillageMD to Acquire Summit Health for $9B
What You Should Know:
Primary care provider, VillageMD has entered a definitive agreement to acquire Summit Health-CityMD, a provider of primary, specialty and urgent care in a blockbuster M&A deal valued at $8.9 billion with investments from Walgreens Boots Alliance (WBA).
The combined company will create a multi-payor platform to deliver quality, affordable care for all patients and will enhance WBA’s robust portfolio of leading, integrated healthcare offerings across the care
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Rising Healthcare Costs Tops Reason Patients Defer Healthcare
What You Should Know:
- Cost concerns increasingly outweighed worries about the pandemic as the top reason Americans deferred healthcare, according to a new study by Qualtrics, the leader and creator of the experience management category.
- Between 2020 and 2022 the share of consumers deferring care because of pandemic-related health concerns decreased by 11 percentage points from 28% to 17% while the share of consumers deferring care because of cost concerns grew by four percentage
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How to Prevent a Healthcare Staffing Crisis
The Covid-19 pandemic scrambled the business models and labor-market dynamics for many industries, but probably none as dramatically and directly as healthcare. Incredible, sustained demand coupled with regional disparities, political complications, and cultural challenges have left the healthcare industry on life support, especially regarding staffing.
Healthcare workers are burned out and are quitting in huge numbers. Two-and-a-half years of relentless patient need, an inadequate workforce,
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Why The Stakes are Higher for Hospitals When It Comes to Data Loss & Inadequate Storage Infrastructure
According to the World Economic Forum, hospitals produce around 50 petabytes of data per year. And with 6,039 hospitals in the US alone, that amounts to a sizeable amount of data requiring secure storage. Data consists not only of confidential patient medical records but also of operational data retained by US hospitals such as personal and financial information.
This ever-increasing amount of patient data and growing risks associated with its loss, mean the stakes have therefore never been
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KLAS Report Reveals EMR Functionality & Value Top of Mind for Small Practices
What You Should Know:
- A new report by KLAS provides the latest view on how the major vendors in this market perform and which ones stand out in the areas that small practices (2–10 physicians) care about most.
- Small practices provide a significant amount of outpatient care in the US, and their needs differ from those of their larger counterparts. When it comes to EMR/PM technology, these practices expect up-to-date functionality, steady product performance, solid implementation and
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Forrester Unveils 5 Healthcare Predictions for 2023
What You Should Know:
- A new dawn is on the horizon in healthcare. Equipped with new digital capabilities and pressured by new consumer expectations for personalized, convenient experiences, healthcare organizations face a predicament — act now and stay afloat, fail to act and get consumed by the competition, or risk financial ruin.
- Market research leader Forrester’s latest report explores 5 key predictors for healthcare in 2023.
Healthcare in the Era Post-Covid
COVID-19
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M&A: Smile Digital Health Acquires Alphora
What You Should Know:
- Smile Digital Health, a FHIR® health data fabric and exchange solutions provider, announced that it has acquired Alphora, a market leader in Clinical Quality Language (CQL) that provides tooling and services to unlock clinical reasoning, decision support and other quality metrics capabilities.
- As a result of the acquisition, Smile Digital Health customers now have access to Smile Alphora, the company's new clinical reasoning capability that leverages its Fast
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Debunking 3 Common Myths About Healthcare Revenue Cycle Partnerships
The healthcare industry is facing unprecedented challenges, including severe labor shortages. According to a recent study, more than nine in 10 health systems and physician groups are experiencing a workforce shortage in revenue cycle management (RCM), with many of those reporting vacancies in over half of their RCM roles. This is one of the many reasons why there has never been a better time for health systems to think outside the box for solutions, including an RCM partnership. Often, when
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Transcarent Selects Prescryptive Health to Power Integrated Pharmacy Experience
What You Should Know:
- Transcarent and Prescryptive Health announced today a partnership to provide the industry’s most immersive, intelligent, and individualized pharmacy care experience.
- Transcarent Pharmacy Care empowers Transcarent Members and their families with an entirely different consumer-directed experience that truly transforms their health and care journey and provides, for the first time, employers and health systems with maximum control over their formulary, benefit
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