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Health IT | News, Analysis, Insights - HIT Consultant

Digital Senior Care Navigator Fair Square Medicare Raises $15M 

by Fred Pennic 08/26/2022 Leave a Comment

Digital Senior Care Navigator Fair Square Medicare Raises $15M

What You Should Know: - Digital senior care navigator Fair Square Medicare raises 15M in series A funding led by Define Ventures. The company, which is a YCombinator alum, has raised $19M to date. - With 10,000 people turning 65 every day, Fair Square Medicare helps seniors find the right Medicare coverage regardless of commission, and is building a full-service digital healthcare assistance platform for seniors. Care Navigator for Seniors Launched in 2020 out of YC, Fair Square
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Cardiology: Have We Reached A Tipping Point in Structured Reporting Adoption?

by Syed Hamza Sohail 08/25/2022 Leave a Comment

Cardiology: Have We Reached A Tipping Point in Structured Reporting Adoption?

What You Should Know: - A new report from KLAS provides not only a much-needed update on the breadth of structured reporting adoption but also a first look at the depth of adoption since actual physician use is the only way to drive outcomes. - While the market hasn’t reached the structured reporting tipping point yet, physician adoption is driving progress and generating value. This study also shares details on the hemodynamics experience (both overall satisfaction and important
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How Service Line Alignment Can Improve Cost Savings for Health Systems

by Damian Chipriano, Director of Financial Services at Carilion Clinic 08/25/2022 Leave a Comment

Healthcare leaders continue to face new and complex challenges in a constantly evolving landscape, including staffing and capacity constraints, product shortages, and rising costs. These shifting demands change the expectations put on hospitals when it comes to both patient care and financial performance. As we’ve observed, this uncertainty was further amplified by the COVID-19 pandemic, which shined a light on many opportunities for improved financial and clinical operations across the
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HealthTeam Advantage Integrates With Bamboo Health’s Pings Solution

by Syed Hamza Sohail 08/24/2022 Leave a Comment

HealthTeam Advantage Integrates With Bamboo Health’s Pings Solution

What You Should Know: - Bamboo Health™  recently announced that HealthTeam Advantage (HTA), the business name of Care N’ Care Insurance Company of North Carolina, Inc., has integrated Bamboo Health’s Pings™ solution. - The Pings rollout delivers real-time admission, discharge, and transfer (ADT) e-notifications for HTA’s 15,000 North Carolina PPO and HMO Medicare Advantage plan members. Using Real-Time E-Notifications to Lower Costs and Improving High Quality Care Bamboo Health
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Glytec and CPS Integrate to Provide Evidence-Based Glycemic Management

by Syed Hamza Sohail 08/24/2022 Leave a Comment

Glytec and CPS Integrate to Provide Evidence-Based Glycemic Management

What You Should Know: - Glytec recently announced that it has been selected by CPS Solutions, LLC (CPS), a leading provider of enterprise pharmacy solutions to hospitals and health systems, to serve as an insulin management technology resource for CPS’ more than 2,200 pharmacy professionals across 800-plus healthcare facilities nationwide. - Through this collaboration, CPS client facilities may contract for Glytec’s eGlycemic Management System® (eGMS) and Glytec’s technical resources to be
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Why There’s Renewed Interest In The Cloud for Healthcare

by Wes Wright, Chief Technology Officer at Imprivata 08/23/2022 Leave a Comment

Why There’s Renewed Interest In The Cloud for Healthcare

From the development of the EMR to the growth of telehealth, the digital environment for healthcare has evolved tremendously over the last few years. So, it’s no surprise that IT spending is set to increase by 12.3% for cloud computing,  9.7%, for digital transformation, and 9.7% for security software this year. Though healthcare organizations have historically been slower to adopt cloud, we’re now seeing renewed interest.  Has the pandemic caused a reaction among IT leaders to
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Health-Tech C2Q:22 Preview: 5 Key Driving Factors to Watch

by Syed Hamza Sohail 08/23/2022 Leave a Comment

Executive Insights: Top Healthcare Predictions & Trends to Watch in 2020

What You Should Know: - David Larsen, healthcare IT and digital health analyst at BTIG published a note highlighting his preview for health-tech Q2 earnings. - Given high inflation rates, costs for traveling nurses, and light volumes in 2Q:22, he is cautious on stocks that sell into the acute care market in the near term. An Overview According to the report, there are many macro headwinds that continue to affect the HCIT sector and the broader market, including inflationary pricing
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SDoH: Today’s Health Systems Are Ill-Equipped to Meet SDOH Demands

by Gary Druckenmiller Jr., General Manager of PRM at Innovaccer 08/23/2022 Leave a Comment

SDoH: Today’s Health Systems Are Ill-Equipped to Meet SDOH Demands

Today’s youth understand the role SDoH plays in their health outcomes. But health systems are woefully ill-equipped to meet this growing demand. That needs to change. And with the right technology, it can. A true social revolution began on August 1, 1981. That’s the day teens and tweens everywhere started telling their parents, “I want my MTV!” Music Television (MTV)—streamed via satellite and a proprietary set-top box 14 years before the Internet was a glimmer in the consumer’s
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KLAS: Imprivata SSO – Benefits & Challenges of Deep Adoption

by Syed Hamza Sohail 08/22/2022 Leave a Comment

KLAS: Imprivata SSO - Benefits & Challenges of Deep Adoption

What You Should Know: - Recent KLAS research reveals that Imprivata—whose single sign-on solution has a large healthcare footprint—is currently the only vendor to offer a broad digital identity platform. - Building on that research, a new report explores the potential benefits and challenges of deeply adopting Imprivata’s offerings. Insights come from in-depth interviews with 6 organizations identified by Imprivata as “deep adopters” as well as from 15 organizations within the
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AI Provider Anomaly Launches Tech to Predict Claims Denials with 97% Accuracy

by Fred Pennic 08/22/2022 Leave a Comment

AI Provider Anomaly Launches Tech to Predict Claims Denials with 97% Accuracy

What You Should Know: - Anomaly, a precision payments company streamlining healthcare billing and payments for providers and payers, today announced its new offering Anomaly Smart Response. - Smart Response uses AI to enable providers and payers to reduce avoidable claim denials and rework and increase payment transparency, top priorities for healthcare stakeholders. Smart Response complements Anomaly’s planned suite of products powered by its AI claim prediction engine, including
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