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Health IT | News, Analysis, Insights - HIT Consultant

Elation Health and Dock Health Partner Optimize Clinical Operations

by Fred Pennic 06/10/2022 Leave a Comment

Elation Health and Dock Health Partner Optimize Clinical Operations

What You Should Know: - Primary care EHR provider Elation Health and provider workflow management platform provider Dock Health announced an integration to significantly improve task management for already burnt-out providers.  - More than 23,000 clinicians across Elation’s growing community can now fully leverage Dock for managing administrative tasks that complete healthcare faster, decreasing the administrative burden and empowering physicians with greater time for
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Healthcare Interoperability Has Arrived: 3 Ways to Harness the Potential

by Shawna Koch Mishael, Global Head of Healthcare, Quantori 06/09/2022 Leave a Comment

Healthcare Interoperability Has Arrived: 3 Ways to Harness the Potential

This year’s HIMSS Conference offered some exciting insights and a renewed focus on data-sharing and interoperability. While the healthcare industry has been extolling the virtues of data interoperability for years until recently it has remained one of the biggest obstacles to providing quality healthcare today. Yet, the tides are turning. New government regulations, like the Centers for Medicare & Medicaid Services’ interoperability rules and the Fast Healthcare Interoperability Resources
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Philips’ Future Health Index 2022 Report: 4 Key Trends to Know

by Jasmine Pennic 06/08/2022 Leave a Comment

Philips’ Future Health Index 2022 Report: 4 Key Trends to Know

What You Should Know: - Today, Philips announced the publication of its Future Health Index (FHI) 2022 report: ‘Healthcare hits reset: Priorities shift as healthcare leaders navigate a changed world’. FHI is the largest global survey of its kind, analyzing feedback from nearly 3,000 healthcare leaders across 15 countries on the impact of digital health technology in the adoption of connected care.  - This year’s FHI report, the seventh edition, looks at how
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Why On-Site Search Should Be A Priority for Healthcare

by Madison Miner, CEO & Founder of WompHealth 06/07/2022 Leave a Comment

Why On-Site Search Should Be A Priority for Healthcare

Healthcare websites are dependably complicated. From finding providers to searching for locations, customers are forced to dig around a growing bevy of care options. To simplify the customer experience, a modern approach to onsite search is needed. The rigid search tools of old are just that – outdated. Customers expect to effortlessly find what they need. And establishing a connection with a customer – at the onset of a visit – starts with a
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Aledade Raises $123M to Expand Value-Based Primary Care

by Jasmine Pennic 06/06/2022 Leave a Comment

Aledade Raises $64M for Value-Based Care Network of Physician-Led ACOs

What You Should Know: - Aledade, a Bethesda, MD-based provider of value-based primary care raises $123M in Series E funding to support investments in value-based care for more seniors covered by Medicare Advantage (MA) and innovation that improves patient care and increases medical cost savings, including expanded offerings through its new health services subsidiary, Aledade Care Solutions (ACS). Returning investor OMERS Growth Equity led the round, which also included Fidelity Management
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Why Health Plans Must Have Next-Gen CAPS Technology for Digital Transformation

by Sagnik Bhattacharya Chief Operating & Product Officer HealthEdge 06/06/2022 Leave a Comment

Legacy vs. Next-Gen Tech: Navigating the Dilemma and Advice for a Smooth Transition

Core Administrative Processing Systems (CAPS) operate as the brains behind a health plan’s business. These systems are critical to the smooth functioning of a health plan. Today, many payers run on decades-old CAPS systems built on legacy technologies. This can be a serious drawback.  Legacy systems may have been efficient based on the technology and best practices of decades past, but have aged beyond their time. They often require an increasing number of workarounds and fixes to try to
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M&A: Bain Capital Acquires Majority Stake in LeanTaaS

by Fred Pennic 06/06/2022 Leave a Comment

LeenTaaS Secures $130M for ML Platform to Help Hospitals Achieve Operational Excellence

What You Should Know: - Private equity firm Bain Capital has acquired a majority stake in the company in LeanTaaS, a leading provider of cloud software solutions for optimizing hospital operations and capacity management that will enable LeanTaaS to accelerate its rapid growth trajectory. - LeanTaaS’ cloud-based iQueue solutions help hospitals transform their approach to care delivery and improve capital and scarce resource decision-making by optimizing the utilization of
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LumaPay Launches for Patients to Pay Med Bills in An SMS Text

by Jasmine Pennic 06/06/2022 Leave a Comment

LumaPay Launches for Patients to Pay Med Bills in An SMS Text

What You Should Know: - Luma Health today announced the launch of LumaPay, a new service for healthcare systems that provides patients a better and more transparent financial journey. - LumaPay™ lets patients pay bills from anywhere via text as the inaugural module of LumaFinancial, which provides better, simpler, and more transparent financial journeys Offering Patients an Easy to Pay Their Bills LumaPay enables healthcare organizations to offer patients an easy, text-first way to
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Scaling-Up Inclusive Healthcare Initiatives in Low- and Middle-Income Countries

by Fred Pennic 06/03/2022 Leave a Comment

Scaling-Up Inclusive Healthcare Initiatives in Low- and Middle-Income Countries

Non-communicable diseases (NCDs) are on the rise in low- and middle-income countries (LMICs), increasing the financial and health burden affecting these vulnerable populations. To reverse this trend will require not only resources, but also new business models for LMICs that can overcome the barriers patients face to receiving care, such as unaffordable, unavailable, or inaccessible healthcare services and treatments, and limited awareness of disease and preventative care. Over the past
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Take Command Acquires Technology from Savvy to Expand Benefits Platform

by Fred Pennic 06/02/2022 Leave a Comment

Take Command Acquires Technology from Savvy to Expand Benefits Platform

What You Should Know: - Take Command, a tech-enabled service that offers HRA administration, has acquired innovative HRA intellectual property assets from Savvy, a San Francisco-based, VC-backed healthcare company founded in 2019. Financial terms of the deal were not disclosed. - The acquisition signifies the market growth of Individual Coverage HRAs (ICHRAs, a new model of reimbursing employees for health insurance rather than buying it for them). What's an ICHRA? The
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