What You Should Know:
RedDress, a personalized and autologous wound management solution created from patients' own blood, today announced that it has raised a $26 million Series D round with participation from ATHOS Biopharma GmbH, and other life science investors including Investors Group of HCS Capital and the Ragnar Crossover Fund.The new proceeds will support the increased adoption of its product suite, the establishment of global partnerships, and the expansion of RedDress’ proprietary
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Health IT | News, Analysis, Insights - HIT Consultant
H1 Partners with Michael J. Fox Foundation on Parkinson’s Research
What You Should Know:
H1, the connecting force for global healthcare provider, clinical, science, and research information, today announced the world's largest nonprofit funder of Parkinson's research, The Michael J. Fox Foundation (MJFF), has selected its Trial Landscape solution to improve and transform its education and research initiatives.With nearly one million people in the United States and over six million people worldwide affected by Parkinson's disease
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Why Adopting Value-Based Care Models for Autism Care Is Imperative
We all know the stark reality: rates of mental illness, substance use, and developmental disorders continue to rise in the U.S. and estimates show that 1 in 44 children are diagnosed with autism spectrum disorder (ASD).
Add to that the ongoing efforts to reduce stigma and it’s no surprise that the increased demand is overwhelming existing resources.
Improvements in both the efficiency and effectiveness of care and treatment are critical in addressing the crisis.
Doing so
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Denials Management Named Most Time-Consuming Task in RCM
What You Should Know:
A new HFMA survey commissioned by AKASA highlights the revenue cycle tasks requiring the most subject matter expertise, according to responses from over 550 CFOs and revenue cycle leaders at hospitals and health systems across the U.S.Denials management not only requires the most subject matter expertise, but it’s also the most time-consuming task within revenue cycle management (RCM) — followed by prior authorization and insurance
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Nurse Engagement and Satisfaction Start With Their Schedules
How do we attract good nurses? More importantly: How do we keep them?
Those questions have reverberated throughout hospitals and health systems nationwide lately—but they’re not new. Even before the COVID-19 pandemic, industry analysts warned of significant nurse shortages. The pandemic only added more stress and exhaustion to the nursing experience, prompting the largest exodus of nurses from the profession in 40 years.
Unfortunately, the nurse shortage is
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How Urgent Care Can Address Its Degrading Scope of Practice
Over the past several years, urgent care centers nationwide have opened their doors to millions of patients in need of COVID-19 testing and treatment, driving an increase in daily patient visit volumes and new, challenging patient care demands. To accommodate this rapid influx, urgent care centers developed new workflows that prioritized efficiency and transitioned to a reimbursement model that rewards providers for the number of patients treated per day. As a result, urgent care centers across
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5 Executives Weigh in on VBC Impact on Kaiser/Geisinger Deal
We recently asked five digital health executives to share their insights on the recent Kaiser's recent acquisition of Geisinger Health and it's impact to accelerate value-based care.
Andy Flanagan, CEO of Iris Telehealth
This acquisition presents a significant upside for the industry's move to improve access to quality, affordable care. Kaiser and Geisinger are two of the premier organizations in our country driving towards value-based care at scale for their communities. The creation
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Mastercard, HealthLock Partner to Protect Against Medical Fraud
What You Should Know:
Mastercard and HealthLock have partnered to offer millions of Americans help in protecting themselves against medical bill fraud, claim errors and overcharges. HealthLock’s platform helps consumers audit every single medical insurance claim and keep them organized through a user-friendly dashboard.The partnership will initially open HealthLock’s analytics-backed healthcare services to millions of US-issued HSA and FSA Mastercard cards, with plans to expand to other
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BVP Forge Invests in Quality Management Platform, Medisolv
What You Should Know:
Private equity firm BVP Forge has completed a strategic investment in Medisolv, a healthcare quality data measurement and reporting solution, to accelerate its growth. BVP Forge will also provide Medisolv access to the growth IP, talent network, and resources of Bessemer Venture Partners.Medisolv was founded in 1999 with the idea that software can unlock the intelligence buried in the chaos of healthcare data. Medisolv will benefit from ForgeEdge™, BVP Forge’s
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Improving Healthcare With Systems of Engagement
It’s been nearly 15 years since the passage of the Health Information Technology for Economic and Clinical Health (HITECH) Act and its requirements for the meaningful use of electronic health records (EHRs). As expected, virtually all hospitals have implemented some form of EHR. In fact, the American Hospital Association (AHA) reported usage by 96% of non-federally run acute care hospitals and almost 80% of office-based physicians in 2021.
Have healthcare providers realized the promised
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