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Health IT | News, Analysis, Insights - HIT Consultant

Aledade and Humana Inks 10-Year Value-Based Primary Care Collaboration

by Jasmine Pennic 03/02/2023 Leave a Comment

Aledade ACO

What You Should Know: - Independent primary care provider Aledade and health insurer Humana announced a ten-year collaboration to connect independent primary care physicians in Humana’s network with the tools they need to thrive in value-based primary care.  - Building on their existing relationship, the two companies plan to phase in the 10-year term for current and new state-wide agreements, which include a pathway to full risk. The collaboration with Humana will continue to grow as
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Walmart Health Center to Add 28 New Locations in 2024

by Fred Pennic 03/02/2023 Leave a Comment

Walmart Health Taps Zotec Partners to Power Patient Financial Experience

What You Should Know: - Today, Walmart announced it will add 28 new Walmart Health centers, with 75+ total locations by the end of the year. This continues our commitment to making quality healthcare more convenient, accessible and affordable for customers in the communities we serve. - The expansion will increase Walmart Health’s footprint into two new states including Missouri and Arizona, deepening our presence in Texas in the Dallas metro area and growing into Houston.
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CMS Awards Accenture Federal Services with $628M Contract to Support Healthcare.gov

by Fred Pennic 03/02/2023 Leave a Comment

CMS Awards Accenture Federal Services with $628M Contract to Support Healthcare.gov

What You Should Know: - Accenture Federal Services has won a five-year, $628 million recompete of a contract award from the U.S. Centers for Medicare and Medicaid Services (CMS) to continue its work supporting Healthcare.gov. CMS made this award through the Strategic Partners Acquisition Readiness Contract (SPARC) vehicle. - In 2014, Accenture Federal Services was awarded a prime contract to take over management of the Federally-Facilitated Exchange (FFE). FFE is the backbone of
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Advantus Health Partners and GE HealthCare Sign 10-Year, $760M Agreement

by Strategic Partnerships 03/02/2023 Leave a Comment

Advantus Health Partners and GE HealthCare Sign 10-Year, $760M Agreement

What You Should Know: - GE HealthCare and Advantus Health Partners announced it has expanded its partnership, an agreement of up to $760M over 10 years to provide GE HealthCare’s Healthcare Technology Management (HTM) services to Advantus Health Partners’ clients.  - Through this expanded relationship between Advantus Health Partners and GE HealthCare, healthcare providers will have access to a scalable, end-to-end solution for managing medical equipment performance and risk. Healthcare
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Hospitals Enter 2023 Facing ‘New Normal’ of Financial Uncertainty

by Fred Pennic 02/28/2023 Leave a Comment

Hospitals Enter 2023 Facing ‘New Normal’ of Financial Uncertainty

What You Should Know: - Hospitals enter 2023 on more stable footing following the worst financial year since the start of the pandemic—but challenges persist, according to the newest data from Kaufman Hall. - The latest National Hospital Flash Report finds that hospitals continue to experience the same challenges that made 2022 the worst financial year since the start of the pandemic, including higher labor expenses, lower patient volumes, and a fundamental
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Walmart & CareSource Partner to Address Racial Health Inequities

by Fred Pennic 02/28/2023 Leave a Comment

Walmart & CareSource Partner to Address Racial Health Inequities

What You Should Know: - Today, Walmart announced a three-year agreement with the nonprofit organization, CareSource to address cardiometabolic conditions and maternal health in under-resourced and underserved communities. - The partnership expands the work Walmart and CareSource are doing to help improve care around maternal and child health in Georgia - the two launched a pilot in Georgia earlier this year to help Black maternal health across the state. Address
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Unite Us Advances Black Maternal Health in Miami-Dade

by Jasmine Pennic 02/28/2023 Leave a Comment

Unite Us Advances Black Maternal Health in Miami-Dade

What You Should Know: - Today, Unite Us -- a software company enabling collaboration across sectors to improve the health and well-being of communities -- announced a partnership with Metro Mommy Agency,  a full-spectrum doula service provider to improve the quality of maternity care for Black women in Miami-Dade County. - Black women in Miami-Dade face maternal and infant mortality rates 168% higher than white and Hispanic women in the county. Doula care
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The Rise of Fourth-Party Risk in Healthcare––And How to Combat It

by Brian Selfridge, Healthcare Cybersecurity & Risk Leader at CORL Technologies, 02/28/2023 Leave a Comment

The Rise of Fourth-Party Risk in Healthcare––And How to Combat It

In recent years, a wave of high-profile cyber attacks has shaken the healthcare industry to its core. Sensitive data has been breached; essential services have been forced offline; and healthcare providers have found themselves faced with unhappy customers and unsympathetic regulators. As a result, many in the healthcare industry are now familiar with third-party vendors and the risks they pose. This is a positive development, but it is also insufficient.
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CodaMetrix Raises $55M for AI-Powered, Autonomous Medical Coding

by Fred Pennic 02/27/2023 Leave a Comment

CodaMetrix Raises $55M for AI-Powered, Autonomous Medical Coding

What You Should Know: - CodaMetrix, an AI technology platform transforming healthcare revenue cycle management, today announced that it closed a $55 million Series A round led by SignalFire. Frist Cressey Ventures (FCV), Martin Ventures, Yale Medicine, University of Colorado Healthcare Innovation Fund, and Mass General Brigham physician organizations also participated in the round. - The capital injection will accelerate go-to-market with major provider organizations and health systems, as
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AWS, Center for Health Affairs Launches Social Determinants of Health Hub

by Jasmine Pennic 02/27/2023 Leave a Comment

AWS, Center for Health Affairs Launches Social Determinants of Health Hub

What You Should Know: - The Center for Health Affairs and Amazon Web Services (AWS) announced it has established the world’s first and only Social Determinants of Health (SDOH) Innovation Hub. - The hub’s objective is to start locally and move globally to address structural racism and poverty that result in gun violence, behavioral health crises, and a myriad of other factors negatively impacting the health of local residents. SDOH Challenges According to the U.S. Census Bureau,
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