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Health IT | News, Analysis, Insights - HIT Consultant

M&A: LeanTaaS Acquires Hospital IQ, Combined Valuation Exceeds $1B

by Fred Pennic 01/10/2023 Leave a Comment

M&A: LeanTaaS Acquires Hospital IQ, Combined Valuation Exceeds $1B

What You Should Know: - LeanTaaS, Inc., a provider of AI-powered and SaaS-based capacity management and patient flow software for health systems, today announced it has acquired Hospital IQ, a provider of intelligent automation solutions for hospitals. The acquisition values the combined company at more than $1 billion in enterprise value and enables it to power intelligent operations across more than 180+ U.S. health systems. The financial terms of the acquisition were not disclosed. -
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M&A: Avel eCare Acquires NightWatch to Expand Remote Pharmacy Services

by Fred Pennic 01/10/2023 Leave a Comment

M&A: Avel eCare Acquires NightWatch to Expand Remote Pharmacy Services

What You Should Know: - Avel eCare, the nation’s leading provider of clinician-to-clinician telemedicine services, today announced the acquisition of NightWatch, a West Virginia-based company that provides remote pharmacy services to hospitals, clinics and nursing homes throughout the Midwest and mid-Atlantic region.   - The expansion of remote pharmacy services strengthens Avel eCare’s portfolio of telemedicine offerings and helps meet the growing demand for
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Exec Hires: Former CVS Health Leader Joins Virgin Pulse as Chief Medical Officer

by Executive Hires 01/10/2023 Leave a Comment

Exec Hires: Former CVS Health Leader Joins Virgin Pulse as Chief Medical Officer

What You Should Know: - Virgin Pulse, a global digital-first health, wellbeing, and navigation company, announced that Jeffrey Jacques, MD, has joined the company as Chief Medical Officer. - As chief medical officer at Virgin Pulse, Dr. Jacques will advance the company’s clinical strategy, providing insight and guidance to product and commercial teams. He will also lead the company’s Science Advisory Board, which helps ensure that Virgin Pulse’s technology and the experiences it supports
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Key Multi-Cloud Takeaways & Mistakes to Avoid for Healthcare CIOs

by Rick Bryant, Healthcare Chief Technology Officer, Veritas Technologies 01/10/2023 Leave a Comment

2023: Getting Ahead of the Multi-Cloud Curve in Healthcare

Healthcare has lagged in its adoption of multi-cloud—but that might not be a bad thing. Here are the top multi-cloud takeaways for healthcare CIOs, and the key mistakes to avoid. It’s no secret that the healthcare sector has been one of the slowest to adopt enterprise cloud computing, even with the moderate increase we saw as a result of the urgent shift to telehealth and remote working during the pandemic.  But that’s understandable: healthcare is one of the most highly regulated
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6 Executive Health Data Predictions to Watch in 2023

by Fred Pennic 01/09/2023 Leave a Comment

6 Executive Health Data Predictions to Watch in 2023

Kevin Agatstein, CEO at Kaid Health In 2023 I predict that unstructured medical data, which makes up the majority of a patient’s chart, will become too valuable to ignore by both providers and payers. Driven in part by the growth of Medicare Advantage and oncology, both of which require the data within medical notes rather than just claims and labs data, organizations will start to use their unstructured EMR data in entirely new ways. Rob Cohen, CEO at Bamboo Health In today’s
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Omada Health, Intermountain, Castell to Establish Integrated, Virtual Care Option for Diabetes Management and Prevention

by Fred Pennic 01/09/2023 Leave a Comment

Omada Health, Intermountain, Castell to Establish Integrated, Virtual Care Option for Diabetes Management and Prevention

What You Should Know: - Omada Health and Castell, an Intermountain value-based care subsidiary, announced a first-of-its kind partnership – creating a new, integrated virtual care model to reach and help more at-risk patients through proven prevention and Diabetes programs.   The new virtual care model expands the access of Omada’s Diabetes Prevention Program and Diabetes Program to patients and caregivers receiving care from Intermountain Healthcare’s primary care providers
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Monogram Health Secures $375M to Expand In-Home Kidney Care

by Fred Pennic 01/09/2023 Leave a Comment

Monogram Health Secures $375M to Expand In-Home Kidney Care

What You Should Know: - Monogram Health, a Nashville, TN-based kidney disease benefit management and care delivery company announced a $375M growth funding round that will drive the company’s continued rapid expansion as the leading solution for high-quality, in-home care for polychronic patients living with chronic kidney and end-stage renal disease in the U.S. - Investors in the round include CVS Health, Cigna, Humana, Memorial Hermann Health System, SCAN, TPG Capital, Frist Cressey
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Exec Hires: Icario Appoints Marc Willard as Chief Executive Officer

by Executives Hires 01/09/2023 Leave a Comment

Exec Hires: Icario Names Marc Willard Chief Executive Officer

What You Should Know: - Icario, the healthcare industry’s largest health action company has appointed Marc Willard as its new CEO. - Willard will also join Icario’s Board of Directors and Steve Wigginton, Icario’s founding CEO, will remain an investor in and advisor to the company. Marc Willard Bio/Background Having spent the last three decades leading and building healthcare technology businesses, Willard brings highly relevant experiences and industry relationships to his new
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How Tech Can Improve Health Plan Performance & Star Ratings in 2023 & Beyond

by Paula LeClair, US General Manager of Healthy.io 01/09/2023 Leave a Comment

How Tech Can Improve Health Plan Performance & Star Ratings

The open-enrollment period that recently concluded for U.S. health plans was the first since the expiration of pandemic-linked changes to how Star Ratings were calculated. This is a period of major transition for the industry, with some health plans struggling to maintain their previous ratings and plan participants, who are now accustomed to home-based testing and treatment, expecting those services and features to continue. Fortunately, new technology can help health plans boost plan
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Alira Health Secures $58M to Expand Global Growth

by Jasmine Pennic 01/09/2023 Leave a Comment

Alira Health Secures $58M to Expand Global Growth

What You Should Know: - Alira Health, a global healthcare advisory, clinical research and technology company, announced it secured an additional $58M in capital funding to accelerate delivery of patient-centric, technology-enabled healthcare solutions. Previously, Alira Health raised $35M in 2021 and $40M in 2022, in two rounds led by Creadev. - Alira Health is focused on new opportunities brought into effect in the United States by federal rules preventing the blocking of electronic
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