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Health IT | News, Analysis, Insights - HIT Consultant

Digital Pharmacies 2022: Disruptors or Just Another Delivery Channel?

by Fred Pennic 08/02/2022 Leave a Comment

Digital Pharmacies 2022: Disruptors or Just Another Delivery Channel?

New Insider Intelligence report highlights the current state of digital pharmacies in 2022 along with the challenges and digital opportunities for online pharmacies to appeal to consumers. With cost and convenience at the forefront of consumer spending decisions and US prescription drug spending continuing to rise through 2026 to an estimated $730.50 billion, winners will offer consumers more robust online resources including pricing transparency, discounts, generic options and more
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Brave Health & MedArrive Partner to Power Virtual Mental Health

by Syed Hamza Sohail 08/02/2022 Leave a Comment

- Brave Health, a virtual-first behavioral health provider focused on serving Medicaid and Medicare populations, today announced an innovative referral partnership with MedArrive. - Through this collaboration, if MedArrive identifies an eligible health plan member in need of mental health support, MedArrive’s field providers can immediately refer that member to Brave Health’s behavioral health providers in real time and schedule care within 72 hours. Conversely, if Brave Health identifies an
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3 Barriers to Advance Care Planning for Sexual and Gender Minority People

by Syed Hamza Sohail 08/02/2022 Leave a Comment

3 Barriers to Advance Care Planning for Sexual and Gender Minority People

What You Should Know: - In a national survey and in interviews, sexual and gender minority people reported experiencing discrimination in healthcare and concerns about support for their end-of-life decisions   - Advance care planning (ACP) can help support patients in making decisions and promoting better care at the end of life. But sexual and gender minority (SGM) patients are likely being left out of conversations around ACP, a new study suggests. Eliminating Fear and
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Zelis Acquires Healthcare Cost Control Provider Payer Compass

by Fred Pennic 08/01/2022 Leave a Comment

Zelis Acquires Healthcare Cost Control Provider Payer Compass

What You Should Know: - Healthcare payments company Zelis today announced an agreement to acquire Payer Compass, a healthcare provider of reimbursement and claims pricing, administration, and processing solutions. Financial terms of the transaction were not disclosed. - Through the acquisition, Zelis will integrate Payer Compass into its existing solution suite to further help clients and their members manage rising healthcare costs and establish more transparent and affordable
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Hospital Margins are Still in the Red Halfway Through 2022

by Fred Pennic 08/01/2022 Leave a Comment

Hospital Margins are Still in the Red Halfway Through 2022

What You Should Know: - U.S. hospitals, health systems, and physician practices continue to face historically high operating expenses that increased patient volumes and revenues could not counteract, leading to negative margins for the sixth straight month in 2022, according to data from Kaufman Hall’s National Hospital Flash Report and Physician Flash Report. - The median Kaufman Hall year-to-date operating margin index for hospitals was -0.09% through June, for a sixth
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Inflation is Here. Why Deflationary Healthcare is Our Best Bet  

by Yonatan Adiri, founder and CEO of Healthy.io 08/01/2022 Leave a Comment

Inflation is Here. Deflationary Healthcare is Our Best Bet  

Almost every sector of the economy is experiencing inflation the likes of which we haven’t seen in 40 years. One area that hasn’t experienced it (yet) is health care, but it is coming. Fortunately, the very pandemic that has fueled inflation in almost every other sector of the economy has also been the catalyst for digital health trends that could give us the tools we need to curb health care inflation.  Making this a reality, however, will require smart
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Analysis: 2022 Semi-Annual Health IT Market Review

by Healthcare Growth Partners 07/29/2022 Leave a Comment

HGP Releases its July 2022 Semi-Annual Health IT Market Review

Executive Summary Act III of COVID: Navigating the Crosscurrents of Post-Inflation 2022 ushered in Act III of the market’s latest transitionary period: The Post-Inflation Era. Since 2008, the US economy functioned with remarkably low inflation and interest rates. As the cost of capital went lower and lower during the decade, valuations steadily rose. Between 2010 and 2020, the NASDAQ experienced a 17.1% annual growth rate, with no small share of the growth a result of expanding valuation
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AmerisourceBergen Launches EHR-Integrated Digital Therapeutics Platform

by Fred Pennic 07/29/2022 Leave a Comment

AmerisourceBergen Launches EHR-Integrated Digital Therapeutics Platform

What You Should Know: This week, AmerisourceBergen announced plans to launch DTx Connect, a fully integrated ordering, dispensing and fulfillment platform that aims to facilitate patient access to physician-ordered digital therapeutics and diagnostics. - Several developers plan to pilot DTx Connect, which aims to reduce barriers that physicians and patients face across the ordering and fulfillment of digital therapeutics and diagnostics. Digital Therapeutics Market
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Health Data Privacy: Majority of Patients Demand Accountability, Transparency

by Syed Hamza Sohail 07/28/2022 Leave a Comment

Health Data Privacy: Majority of Patients Demand Accountability, Transparency

What You Should Know: - A new examination of patient perspectives on health data privacy illustrates unresolved tension over the eroding security and confidentiality of personal health information in a wired society and economy. - More than 92% of patients believe privacy is a right and their health data should not be available for purchase, according to a survey released by the American Medical Association (AMA). Privacy and Health Information Accessibility The survey of 1,000
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GDIT Awarded $10B Medical Research & Development Contract by the Defense Health Agency

by Jasmine Pennic 07/28/2022 Leave a Comment

GDIT Awarded $10B Medical Research & Development Contract by the Defense Health Agency

What You Should Know: - General Dynamics Information Technology (GDIT), a business unit of General Dynamics has been awarded the Omnibus IV Medical Research and Development contract by the Defense Health Agency (DHA). The multiple-award, indefinite-delivery/indefinite-quantity contract (IDIQ) has a total ceiling of $10B with a five-year base period and one five-year option.  - The DHA enables the U.S. Army, Navy, and Air Force medical services to provide a medically ready force to
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