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Health IT | News, Analysis, Insights - HIT Consultant

PayZen Nabs $200M for Personalized, No-Cost Patient Financing

by Fred Pennic 11/23/2022 Leave a Comment

PayZen Integrates with Epic’s App Orchard Marketplace

What You Should Know: - PayZen, the fintech company tackling healthcare affordability with personalized, no-cost patient financing solutions raises a $220 million growth round. The round is composed of $20 million in equity financing and a $200 million credit facility led by 7wireVentures, while Viola Credit provided a $200 million warehouse credit facility to support continued market expansion. - PayZen will use the funds to scale its operations and product development as the interest in
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Provider Burnout Has Leveled Out in 2022; Staffing Shortages Rises, KLAS Reports

by Syed Hamza Sohail 11/23/2022 Leave a Comment

Provider Burnout Has Leveled Out in 2022; Staffing Shortages Rises, KLAS Reports

What You Should Know: - Value-based care (VBC) has been established as a priority among healthcare organizations and payers as participants have gained more experience in managing their quality metrics and contracts, ultimately realizing returns on their investments. - For their latest report, KLAS talked to 54 healthcare executives—including CEOs, CFOs, CIOs, CMIOs, COOs, VPs and directors of population health, and VPs of analytics—to gauge how they are moving beyond
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Why Get an Online Nursing Degree?

by HITC Staff 11/23/2022 Leave a Comment

Nurse Staffing Shortage: 5 Policy Solutions to Address National Crisis

Online education has rapidly gained popularity over the last few years. Online degrees have now become mainstream and are no longer a trend. The COVID-19 pandemic caused students to get confined to their homes, where online teaching became a norm. Students are now better able to understand the benefits of online education and are more willing to get a master of advanced nursing online. If you are interested in completing your nursing education online and are slightly hesitant today, we shall
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5 Proven Strategies to Increase Employee Retention And Reduce Operational Costs In Senior Living

by Yamin Durrani, CEO of Kami Vision 11/22/2022 Leave a Comment

5 Proven Strategies to Increase Employee Retention And Reduce Operational Costs In Senior Living

Staffing turnover in senior care has reached an all-time high at an annual rate of 48.5% among all employees and 68.1% among resident assistants and personal care aides. At a sunk cost of roughly $2,200 per employee, staff turnover is expensive and results in lower resident satisfaction, quality of care and occupancy. Staff leave for a myriad of reasons, but what if a few simple changes could transform the trajectory of your organization? Luckily there are proven strategies to increase staff
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Oatmeal Health Brings AI-Powered Lung Cancer Screening to The Clinic in Oklahoma

by Jasmine Pennic 11/21/2022 Leave a Comment

Oatmeal Health Brings AI-Powered Lung Cancer Screening to The Clinic in Oklahoma

What You Should Know: - Central Oklahoma Family Medical Center FQHC (The Clinic) has selected Oatmeal Health, a veteran-owned Patient Success Service to bring tech-enabled lung cancer screenings to their patients. - As part of the partnership, Oatmeal Health will provide white-glove, concierge service, offering our support without FQHC’s shouldering the burden or cost.  Tech-Enabled Lung Cancer Screening Currently, lung screening rates hover at around 4 percent
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Prior Authorization Reforms Don’t Address the Real Problem. Here’s How AI Can Help.

by Matthew Plack, VP for Innovation and New Solution Strategy, Apixio 11/21/2022 Leave a Comment

Prior Authorization Reforms Don’t Address the Real Problem. Here’s How AI Can Help.

After waiting weeks for an open appointment, John finally gets in to see the orthopedic surgeon to evaluate his acute knee pain. He’s already been off work for over two months and has barely been able to leave the house, popping anti-inflammatory and pain medicine to manage the pain every day.  Suspecting a torn meniscus, the doctor orders an MRI to verify the diagnosis and plan his treatment approach. The nurse begins the process by calling John’s insurance carrier to verify coverage,
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Using Data Analytics to Address Social Determinants of Health

by Amy Brown, Founder and CEO of Authenticx 11/21/2022 Leave a Comment

Using Data Analytics to Address Social Determinants of Health

Americans might run on Dunkin’ — but the healthcare industry runs on data, specifically structured and unstructured data. Easily aggregated and translated into numbers for analysis, structured data lives in databases and on spreadsheets. Unstructured data, on the other hand, is more complex. You can’t use conventional tools to process or analyze it. Yet while it’s messy and hard to organize, it’s incredibly valuable. And one type of unstructured data is human conversations, including
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Osso VR and American College of Cardiology to Develop Immersive Training for Cardiovascular Professionals

by Fred Pennic 11/18/2022 Leave a Comment

Osso VR and American College of Cardiology to Develop Immersive Training for Cardiovascular Professionals

What You Should Know: - Osso VR, a virtual reality (VR) company in healthcare, and the American College of Cardiology (ACC), a global nonprofit dedicated to transforming cardiovascular care announced a new collaboration to develop an immersive, VR-enabled training program for cardiovascular professionals. - The collaboration builds upon the ACC’s long tradition of educational excellence and will support more than 56,000 cardiovascular professionals with state-of-the-art
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AdvancedMD to Roll Out 35+ Updates in Major Product Release

by Jasmine Pennic 11/18/2022 Leave a Comment

AdvancedMD Acquires NueMD to Expand Footprint by 27%

What You Should Know: - AdvancedMD announced its 2022 Fall product release that includes 35 new features added to its suite of all-in-one medical office and remote care cloud software. This marks one of the largest product release updates in AdvancedMD history, reflecting the robust nature of the leading cloud-based platform used by more than 40,000 practitioners across 13,000 practices, and 850 medical billing companies.  - AdvancedMD’s fall release ensures more unified and smoother
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Quantum Algorithms for Healthcare

by Booz Allen’s Chief Medical Officer Kevin Vigilante and Lead Quantum Technologist Isabella Martinez 11/18/2022 Leave a Comment

Quantum Algorithms for Healthcare

The field of computational life sciences can and should invest in the development of quantum algorithms today to take advantage of the near-term improvements and long-term transformational potential of quantum technology.  Advancements in technology have always driven breakthroughs in medicine. Robert Hooke’s detailed drawings of cells relied on his compound microscope, and the development of the COVID-19 vaccine hinged on genetic research powered by computers. The arrival of quantum
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