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Health IT | News, Analysis, Insights - HIT Consultant

KAID Health Raises $4.25M for AI-Powered Provider/Payer Whole Chart Analysis Platform

by Fred Pennic 05/24/2022 Leave a Comment

KAID Health Raises $4.25M for AI-Powered Provider/Payer Whole Chart Analysis Platform

What You Should Know:  KAID Health,makers of anartificial intelligence-enabled clinical analysis and provider engagement platform,today announced its $4.25M in Series A funding bringing their total capital raised to $6.45M. - The funding will fuel growth of the provider/payer platform that integrates with the electronic medical records (EMR) to identify high-value tactical care and coding interventions. The company will also expand its Boston, MA office and will hire new team
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How Patient Movement Benefits from Standardized Acuity Scoring

by Dr. Martin Sellberg, Co-Founder of Motient 05/24/2022 Leave a Comment

How Patient Movement Benefits from Standardized Acuity Scoring

Nurses and providers typically assess patient acuity and volume at the beginning of their shift, whether formally or informally. Managers use patient acuity to balance nursing assignments, and nursing staff uses it to determine which patient care action should be prioritized next. Taking a standardized approach to acuity assessments not only provides more objectivity, but also gives hospitals the data they need to make a variety of tactical and strategic decisions, from daily unit staffing to
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CareFirst BCBS Launches Enterprise-Wide Social Risk Intelligence Strategy with Socially Determined

by Jasmine Pennic 05/24/2022 Leave a Comment

CareFirst BCBS Launches Enterprise-Wide Social Risk Intelligence Strategy with Socially Determined

What You Should Know: - CareFirst BlueCross BlueShield, the largest health plan in the mid-Atlantic region announces a first-of-its kind initiative with analytics company Socially Determined to use social determinants of health (SDoH) analytics across all business functions. - Access to these actionable insights will support CareFirst’s mission to advance health equity and advocate for affordable, accessible, and quality care for members, employers and the communities they
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Olive Partners with Magenta to Revolutionize Risk Adjustment Process

by Fred Pennic 05/20/2022 Leave a Comment

Olive Partners with Magenta to Revolutionize Risk Adjustment Process

What You Should Know: - Olive, the automation company creating the Internet of Healthcare, today announced its partnership with Magenta Care Continuum, a HIPAA-compliant health records vault that includes care gap analytics. - Through the Olive Library, payers and providers can access Magenta's solutions to help close care gaps, improve billing and claims occurrence and ensure compliance and revenue integrity for value-based population management. Automating the Risk
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ePROs: Better Patient Input for Better Trial Output

by Kris Gustafson, Vice President and Global Head Patient Centered Technologies, IQVIA 05/19/2022 Leave a Comment

ePROs: Better Patient Input for Better Trial Output

During the pandemic, electronic clinical outcomes assessments (eCOAs) gained prominence as sponsors looked for more agile tools to help them capture patient data remotely through decentralized clinical trials (DCTs). From the adoption of virtual models like eCOAs and DCTs, a new opportunity emerged to enhance the patient experience. Decreasing the amount of time spent on on-site appointments helped reduce patient burden. Additionally, sponsors gained real-time insights on how patients interact
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Cerner Collaboration to Increase Access to Cancer Clinical Trials

by Strategic Partnerships 05/19/2022 Leave a Comment

Ochsner Health and Pfizer to Develop Innovative Models for Clinical Trials

What You Should Know: - Cerner, Elligo Health Research® and Freenome are collaborating to enable a clinical trial through the Learning Health Network to help advance early cancer detection. - Together they will be using the research-activated network of health systems, real-world data (RWD) and multiomics technology, developed by Freenome, with the goal to help accelerate early cancer detection. Importance of Early Cancer Detection Early
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Nearly 60% of Hospitals and Health Systems Have More Than 100 Job Vacancies

by Surveys, Research Reports 05/19/2022 Leave a Comment

What You Should Know: - More than 57 percent of health systems and hospitals have more than 100 open roles to fill across their operations, according to new AKASA survey where more than 400 healthcare finance leaders identified vacancies across their healthcare organizations and the revenue cycle. - The findings reveal how insufficient staffing is hampering daily operations and pushing a strained workforce to the limit. Combating Vacancies with AI-Powered Automation Additionally, one
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HealthStream Acquires Continuing Education Platform CloudCME

by Jasmine Pennic 05/18/2022 Leave a Comment

HealthStream Acquires CloudCME

What You Should Know: HealthStream, a provider of workforce and provider solutions for the healthcare industry, today announced the completion of its acquisition of the remaining equity interest of CloudCME, a Nashville-based healthcare technology company with a nationwide customer base. - The acquisition expands HealthStream’s presence as a market leader in healthcare continuing education and continuing medical education management with the acquisition of another powerful application
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Greater Good Health Raises $10M for NP-Centered Primary Care Model

by Fred Pennic 05/18/2022 Leave a Comment

Greater Good Health Raises $10M for NP-Centered Primary Care Model

What You Should Know: - Greater Good Health, the company redefining value-based care through the first primary care model centered around nurse practitioners (NPs) raises $10 million funding round led by LRVHealth, with participation from Martin Ventures, Health Velocity Capital and more.  - Committed to providing NPs with the tools they need to be successful, Greater Good Health offers access to a network of peers, training and development content and personal wellness experiences. The
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Patient Flow Challenges Contributing to Provider Burnout

by Ben Sawyer, VP of Market Development at ABOUT Healthcare, Inc 05/18/2022 Leave a Comment

Patient Flow Challenges Contributing to Provider Burnout

There has been frequent reporting about the problem of provider workforce shortages within hospitals and health systems and the related burnout experienced when working in high-stress situations during the Covid-19 pandemic. There are pre-existing and contributing patient flow challenges that have been exacerbated by the pandemic, which can lead to burnout, and therefore are worth discussing. Exposing the Problem The extent of provider burnout over the course of the pandemic is well
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