Cost transparency is a driving force in the American market. Whether consumers are looking to purchase a latte, a plane ticket, or surgery, they increasingly expect to pay an “out-the-door” price– something that includes all labor and materials as well as the finished product or service. When polled, 66% of Americans indicated that they would shop for care if prices were publicly disclosed. And in pursuit of competitively and transparently priced services, some patients attempt to shop locally;
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Health IT | News, Analysis, Insights - HIT Consultant
Bicycle Health Nabs $5M to Scale Its Virtual Opioid Use Disorder Treatment
What You Should Know:
- Bicycle Health, a Boston, MA-based provider of virtual opioid addiction treatment secures $5M from Cobalt Ventures to further accelerate the expansion of its telehealth opioid use disorder (OUD) treatment.
- The additional capital extends Bicycle Health’s Series B venture capital financing, bringing the company’s total funding to date to $83M.
Evidence-based, online suboxone treatment for opioid addiction
Founded in 2017, Bicycle
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XpertDox Secures $1.5M to Automate Medical Coding Process
What You Should Know:
- Today, XpertDox, LLC., a Birmingham, AL-based revenue cycle company specializing in autonomous medical coding powered by artificial intelligence raises $1.5M from TN3, LLC, an Arizona based Private Equity Capital firm.
- XpertDox's XpertCoding solution harnesses the power of artificial intelligence in order to autonomously code medical claims faster, more accurately, and cheaper than traditional manual processes. XpertDox is utilizing the funding to
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VC Firm General Catalyst Partners Lands First NHS Trust Partnership in UK
What You Should Know:
- Venture capital firm General Catalyst announced a partnership with Guy’s and St Thomas’ NHS Foundation Trust (GSTT), the largest hospital system in the UK with a diverse patient population and a longstanding commitment to innovation.
- As part of the partnership, General Catalyst and GSTT will work together to identify innovative digital solutions that benefit patients and providers by addressing problems such as hospital capacity constraints, long wait times and
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Backed by $5M Grant, Butterfly Network Deploys 500 Devices to Healthcare Workers in Kenya
What You Should Know:
- Butterfly Network announce the deployment of 500 Butterfly iQ+ devices, the world’s only handheld, whole-body ultrasound probe, to healthcare practitioners in Kenya to advance maternal and fetal health.
- This deployment is part of a $5 million grant from the Bill & Melinda Gates Foundation to expand access to medical imaging across Sub-Saharan Africa.
Why It Matters
According to the World Health Organization Regional Office for Africa1, about 830 women
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Healthcare Data Lake: The Key to Operating a Data Informed Organization
Two decades ago, business priorities within a healthcare organization were largely driven by a select few executive visionaries. Today, the most successful healthcare organizations are using data to validate ideas and further refine them through advanced studies and predictive models.
The data-informed healthcare organization has come of age through recent advances in data technologies, a surge in artificial intelligence and machine learning capabilities,
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Cityblock Health & MDwise Brings VBC to 10K Medicaid Members in IN
What You Should Know:
- MDwise and Cityblock Health, the first tech-driven healthcare provider for communities with complex health and social needs announced that they will be collaborating to provide high-quality, comprehensive care to 10,000 Medicaid members at launch in select Indiana communities, including Indianapolis.
- As part of this strategic collaboration, Cityblock will open comprehensive care clinics to provide care services for these individuals, addressing physical
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UnitedHealthcare and Peloton Expand Relationship to Reach 10 Million Members
What You Should Know:
- UnitedHealthcare and Peloton have renewed and expanded their relationship to help more people get or stay active and improve their overall well-being.
- Since originally launching the offer in 2021, UnitedHealthcare members are collectively completing over 1 million Peloton classes per month; among enrollees who have taken at least one class during a given month, members are taking an average of over three classes each week.
Provide Millions of More People With
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KLAS Report Explores EHR Satisfaction by Provider Specialty
What You Should Know:
- One of the ways organizations can target improvements for those who are less satisfied is to look at EHR satisfaction by specialty—there is currently a gap of about 30 points between the most satisfied specialty (hospital medicine) and the least satisfied specialty (ophthalmology).
- The goal of this new report from the KLAS Arch Collaborative, "Exploring EHR Satisfaction by Provider Specialty," is to help readers understand this variation and learn some ways the
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It’s Time to Give Patients “Admin Access” to Manage Their Healthcare
While the entire healthcare industry is inching toward giving people more autonomy to manage their care, we can’t seem to hand over the keys just yet.
The latest KLAS data on patient preferences shows that most individuals interacting with the healthcare system want greater control, especially over their care visits. That’s because the capabilities patients value most—including appointment scheduling, prescription refill
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