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Health IT | News, Analysis, Insights - HIT Consultant

HCSC Launches Virtual Primary Care, Powered by Teladoc Health

by Jasmine Pennic 09/07/2022 Leave a Comment

HCSC Launches Virtual Primary Care, Powered by Teladoc Health

What You Should Know: - Health Care Service Corporation (HCSC) announces it is expanding its virtual care portfolio by offering virtual primary care to some midsize and large employer groups in Illinois and Texas starting January 1, 2023. - HCSC’s virtual primary care program is powered by Teladoc Health, which supplements HCSC’s network of providers to increase convenient, timely access to care.  Virtual Primary Care Offering The virtual primary care model is designed to help
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Capital One Leads $2.3B Financing for R1 RCM

by Jasmine Pennic 09/07/2022 Leave a Comment

Capital One Leads $2.3B Financing for R1 RCM

What You Should Know: - Capital One Commercial Bank just announced it served as a joint lead arranger for an amended and restated credit facility for R1 RCM, a leading provider of technology-driven revenue cycle management (RCM) solutions for the healthcare industry.  - This $2.3 billion financing will help RI RCM tackle the industry’s labor and reimbursement challenges and help healthcare provider organizations reduce costs, increase revenue, and improve the patient
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AI-Powered Pop Health and SDOH – The Good, The Bad and The Best Practices

by David J. Sand, MD, MBA, Chief Medical Officer & Pravin Pant, MSHI, VP of Advanced Analytics for ZeOmega 09/07/2022 Leave a Comment

AI-Powered Pop Health and SDOH – The Good, The Bad and The Best Practices

Artificial intelligence (AI) has emerged as a powerful tool for making population health analytics more accurate and interventions more effective. Not all AI-powered pop health tools are created equal, and while many still exhibit different types of bias that limit their ability to accurately identify issues affecting certain populations, we have learned a lot about the sources of bias in AI and how to eliminate them. AI shortcomings aside, pop health analytics have advanced to the point that we
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CVS Health to Acquire Signify Health for $8B

by Fred Pennic 09/06/2022 Leave a Comment

Signify Health Shares Soar More Than 33% in IPO, Valuing Company at Over $7.12B

What You Should Know: - CVS Health announced it will acquire Signify Health for $30.50 per share in cash, representing a total transaction value of approximately $8B. - Signify Health's clinicians and providers can have an even greater impact by engaging with CVS Health's unique collection of assets and connecting patients to care how and when they need it. Advancing CVS Health’s Value-Based Care Long-Term Strategy Signify Health is a provider of Health Risk Assessments, value-based
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Upfront Raises Additional $10M for Automated Patient Navigation & Engagement Platform 

by Jasmine Pennic 09/06/2022 Leave a Comment

Backed by LRV Health, Upfront Healthcare Nabs $11.5 for Patient Engagement Platform

What You Should Know: - Upfront Healthcare, a leading omnichannel communication, and patient engagement platform raise an additional $10M co-led by Baird Capital, Echo Health Ventures and First Trust Capital Partners, with additional participation from existing investors including LRVHealth, Hyde Park Venture Partners, and Nashville Capital Network.  - As market demand surges for patient engagement solutions, the investment bolsters Upfront's trajectory of market leadership through
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KLAS: Post–Acute Care EMR Product Suites 2022 Trends to Watch

by Syed Hamza Sohail 09/06/2022 Leave a Comment

KLAS: Post–Acute Care EMR Product Suites 2022 Trends to Watch

What You Should Know: - A new report from KLAS examines what solutions are offered, how they are being adopted, and how well they meet setting-specific functionality needs (particularly for home health and LTC/SNF) - The KLAS report mainly focuses on vendors specific to post-acute care but also provides a brief look at the post-acute care solutions of enterprise acute care EMR vendors. Trends Concerning Post-Acute Care EMR Product Suites in 2022 Most providers in post-acute care
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Why Healthcare Needs Tech-Enabled Human Intervention

by Thomas Ferry, Engooden Health President and CEO 09/06/2022 Leave a Comment

Why Healthcare Needs Tech-Enabled Human Intervention

There's a "perfect storm" facing healthcare today: Chronic disease prevalence, physician shortages, and a growing population aging into Medicare are set to overwhelm our healthcare system if action isn't taken. Over 133 million Americans have at least one chronic disease, and as that number continues to rise, delivering adequate care to these patients has never been more challenging. It's widely understood that factors beyond the clinic primarily influence health. Yet the expectation remains
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KLAS: 7 Key Healthcare Trends in Microsoft Cloud Technologies in 2022

by Syed Hamza Sohail 09/02/2022 Leave a Comment

KLAS: 7 Key Healthcare Trends in Microsoft Cloud Technologies in 2022

What You Should Know: - A new report from KLAS focuses on healthcare-specific deployments of Microsoft Cloud Technologies, especially Microsoft Azure, which is receiving strong market interest. - This study is meant to help organizations considering Microsoft Cloud technologies understand their current use, the overall customer experience, and the impact of the solutions. Key Healthcare Trends in Microsoft Cloud Technologies in 2022 While still early, healthcare is gaining momentum
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Luna Unveils Value-Based Savings Orthopedic Program

by Syed Hamza Sohail 09/02/2022 Leave a Comment

Luna Unveils Value-Based Savings Orthopedic Program

What You Should Know: - Luna, the leading in-home physical therapy (PT) platform, today announces the launch of a value-based savings program for orthopedic practices to reduce post-acute care costs by 55-70%. - Top orthopedic groups are turning to Luna to reduce costs and deliver this innovative, in-person form of care, including Hoag (Orange County), Resurgens Orthopaedics (Atlanta), and dozens of others. Using At-Home PT Services To Reduce the Cost of Orthopedic
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Solve.Care Unveils Web3.0 Development for Healthcare

by Syed Hamza Sohail 09/01/2022 Leave a Comment

Solve.Care Unveils Web3.0 Development for Healthcare

What You Should Know: - Solve.Care, the healthcare blockchain platform company, has announced their Care.Labs Wallet, the revolutionary Web3.0 development which is set to revitalize the healthcare industry. - This is the most compelling, accessible and user-friendly blockchain use case in the transformation of healthcare across the globe, with practitioners and institutions authoring their Care.Networks from Korea to the USA Causing Breakthroughs in Medicine Using
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