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Health IT | News, Analysis, Insights - HIT Consultant

Samsung EVP Outlines Vision for Digital Health and Wellness

by Fred Pennic 08/03/2022 Leave a Comment

Samsung EVP Outlines Vision for Digital Health and Wellness

What You Should Know: - This week, TaeJong Jay Yang, EVP and Head of Health R&D for Samsung outlined the company’s vision health and wellness. - Samsung’s health and wellness vision is focused on setting new standards for health experiences through our Galaxy Watch series, and across our broader product portfolio.  Pillars of Samsung’s Health & Wellness Vision Samsung has established three key pillars to help consumers reach their own goals:  1.
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Adventist HealthCare to Deploy Innovaccer Health Cloud for Value-Based Whole-Person Care

by Fred Pennic 08/03/2022 Leave a Comment

Adventist HealthCare to Deploy Innovaccer Health Cloud for Value-Based Whole-Person Care

What You Should Know:  -  Adventist HealthCare has selected Innovaccer Inc., the Health Cloud company to be their next-generation population health management and value-based care partner.  - Innovaccer will help Advent HealthCare create a unified data platform to help deliver deeper insights into community health and network operations.  Supporting Value-Based Whole-Person Care One of the longest-serving health systems in the Washington, D.C. region, and one of
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A Hybrid, Technology-Driven Approach to Overcome Coding and RCM Staff Shortages

by Cheryl Cruver, Chief Revenue Officer, AGS Health 08/03/2022 Leave a Comment

A Hybrid, Technology-Driven Approach to Overcome Coding and RCM Staff Shortages

Exacerbated by pandemic-induced burnout, resignations, and even terminations1, chronic coding and revenue cycle management (RCM) staffing shortages have healthcare organizations struggling to find ways to keep revenue flowing despite a lack of qualified professionals to handle critical processes. It is a situation that has been brewing for years, as too few qualified professionals are entering professions that are expanding more rapidly than ever before. According to the American Hospital
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Lyniate Acquires CareCom to Expand Semantic Interop Capabilities

by Fred Pennic 08/02/2022 Leave a Comment

Lyniate Acquires CareCom to Expand Semantic Interop Capabilities

What You Should Know: - Lyniate, a global leader in healthcare data interoperability acquires CareCom, a provider of  semantic interoperability. This acquisition builds on Lyniate’s recent merger with NextGate, a longtime leader in patient identity management. - The combined organization will better support healthcare organizations in converting unstructured content into standardized data to help them assemble and manage more complete and accurate patient
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CareFirst BCBS Taps Headway to Expand Access to Mental Healthcare

by Jasmine Pennic 08/02/2022 Leave a Comment

Blue Cross NC Expands Mental Health for Children, Underserved Areas Through Collaboration with Headway

What You Should Know: - Today, CareFirst BlueCross BlueShield (CareFirst), the largest not-for-profit health plan in the mid-Atlantic region, and Headway, a tech-enabled company that expands access to in-network mental health care by removing barriers that providers, payers, and the people they serve face, announced a collaboration to scale CareFirst’s mental health care program. - CareFirst launched a search in fall 2021 for a company to help them better support and engage their
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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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