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Health IT | News, Analysis, Insights - HIT Consultant

Ventra and ADVOCATE RCM Merge to Create Revenue Cycle Management Powerhouse

by Jasmine Pennic 01/08/2024 Leave a Comment

Ventra and ADVOCATE RCM Merge to Create Revenue Cycle Management Powerhouse

What You Should Know: - Healthcare industry leaders Ventra Health and ADVOCATE RCM announced a groundbreaking merger today, joining forces to become one of the nation's largest and most advanced providers of end-to-end revenue cycle management (RCM) services. - This strategic move expands Ventra's reach beyond its core specialties in anesthesia, emergency medicine, and hospital medicine, while ADVOCATE RCM gains access to Ventra's extensive resources and network. Merger Impact Ventra
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Socially Determined and Uber Health Partner to Bridge Healthcare and Social Needs

by Fred Pennic 01/08/2024 Leave a Comment

Socially Determined and Uber Health Partner to Bridge Healthcare and Social Needs

What You Should Know: - Socially Determined, the leading social risk analytics company, and Uber Health, the healthcare platform for seamless benefit coordination, have announced a partnership to empower individuals and families facing common healthcare challenges. - The strategic joint effort focuses on connecting vulnerable Medicaid, Medicare Advantage, and commercially insured beneficiaries with critical supplemental benefits like transportation, food delivery, and medication
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Harris Acquires MEDHOST to Expand Healthcare Footprint

by Fred Pennic 01/08/2024 Leave a Comment

Harris Expands Acquires MEDHOST to Expand Healthcare Footprint

What You Should Know: - Harris, a global vertical market software provider, acquires MEDHOST, Inc., a prominent player in electronic health records (EHR) and healthcare IT solutions to bolster its healthcare offerings. - The strategic acquisition also encompasses MEDTEAM Solutions, a dedicated service provider specializing in application, revenue cycle, IT, and security management. Strengthening Community Healthcare MEDHOST brings to the table a comprehensive suite of clinical and
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GE HealthCare Acquires MIM Software to Enhance Precision Care

by Fred Pennic 01/08/2024 Leave a Comment

GE HealthCare Acquires MIM Software to Enhance Precision Care

What You Should Know: - In a move poised to reshape the landscape of precision care, GE HealthCare (Nasdaq: GEHC) has announced the acquisition of MIM Software, a provider of medical imaging analysis and AI solutions. - This strategic acquisition strengthens GE HealthCare's commitment to developing smart, interconnected devices and digital solutions that empower clinicians to deliver more precise, personalized care across various specialties. Fueling Innovation in Precision
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Nabla’s AI Assistant Gets $24M Boost to Combat Clinician Burnout and Streamline Care

by Fred Pennic 01/05/2024 Leave a Comment

Nabla's AI Assistant Gets $24M Boost to Combat Clinician Burnout and Streamline Care

What You Should Know: - Nabla, a Boston, MA-based ambient AI assistant for healthcare professionals, announced today the initial close of a $24M Series B funding round led by Cathay Innovation, with participation from ZEBOX Ventures. - The latest round of funding brings Nabla's total funding to over $43M and fuels its mission to revolutionize healthcare delivery by empowering clinicians and improving patient care. Easing the Burden of EHRs: Clinicians often cite managing the
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Healthy.io Appoints Geoff Martin as CEO to Drive Commercial Expansion and Global Impact

by Executive Digital Health Hires 01/05/2024 Leave a Comment

Healthy.io Appoints Geoff Martin as CEO to Drive Commercial Expansion and Global Impact

What You Should Know: - Healthy.io, the pioneer of smartphone-powered at-home kidney testing, announced Geoff Martin, a seasoned healthcare executive, will take the reins as CEO, while founder Yonatan Adiri transitions to the role of President. - This move marks a pivotal moment for the company as it enters a new phase of growth, aiming to expand its reach and impact on global healthcare. Martin's Proven Track Record for Growth Geoff Martin brings extensive experience in
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Advanced Analytics Can Change the Game for Consumer Healthcare Services

by Sean Crandell. SVP of Healthcare Economics at MultiPlan 01/05/2024 Leave a Comment

Advanced Analytics Can Change the Game for Consumer Healthcare Services

Data has become the lifeblood of healthcare, making it possible to gain granular insights that enable more effective and precise patient-centric care. Yet, we have just scratched the surface of data analytics’ potential impact on optimizing segments of healthcare that need it most, such as the surging arena of consumer health.  Of the four key types of data analytics – descriptive, diagnostic, predictive, and prescriptive – only the first two are effectively used in managing healthcare
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MultiPlan Taps Healthcare Tech Veteran Travis Dalton as New CEO to Fuel Growth

by Executive Digital Health Hires 01/05/2024 Leave a Comment

MultiPlan Taps Healthcare Tech Veteran Travis Dalton as New CEO to Fuel Growth

What You Should Know: - MultiPlan Corporation (NYSE: MPLN), a provider of data analytics and technology-enabled healthcare cost management solutions, announced today that Travis Dalton will become its new President and CEO on March 1, 2024. - He succeeds Dale White, who will transition to the role of Executive Chair, while current Chair Mark Tabak will remain on the Board of Directors. Dalton's Proven Track Record in Healthcare Technology Bringing over 20 years of experience in
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Arbital Health Acquires Actuarial Firm & Secures $10M for Value-Based Care Adjudication

by Fred Pennic 01/04/2024 Leave a Comment

Arbital Health Acquires Actuarial Firm & Secures $10M for Value-Based Care Adjudication

What You Should Know: - Arbital Health, a rising star in the value-based care space, announced a significant double play today, acquiring leading actuarial firm Santa Barbara Actuaries and securing $10 million in Series A funding led by Transformation Capital. - This strategic move positions Arbital Health as a major player in accelerating the healthcare industry's transition to a more outcome-driven model. Building the Infrastructure for Value-Based Care Founded in November 2023 by
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Glytec Appoints Patrick F. Cua as CEO to Drive Growth in Hospital Glycemic Management

by Executive Digital Health Hires 01/04/2024 Leave a Comment

Glytec Appoints Patrick F. Cua as CEO to Drive Growth in Hospital Glycemic Management

What You Should Know: - Glytec, a provider of cloud-based insulin management software solutions, announced today the appointment of Patrick F. Cua as Chief Executive Officer. - Cua's extensive experience and deep understanding of the healthcare industry will be crucial as Glytec gears up for rapid growth in the face of rising demand for its Glucommander® software. Cua Bio/Background With over three decades of leadership experience in healthcare, Cua brings a wealth of knowledge and
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