Core administrative processing systems (CAPS) serve as the center of the healthcare payer architecture and are essential for efficient business operations. These systems are needed to support administrative and transactional processing and are a significant investment in technology. Selecting a CAPS system isn’t a single purchase, but rather an ongoing partnership that requires maintenance to ensure the system remains up to date to support industry and regulatory changes. Last year, 99% of
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Health IT | News, Analysis, Insights - HIT Consultant
Exec Hires: First Stop Health Promotes Teira Gunlock to CEO
What You Should Know:
- First Stop Health (FSH), a leading virtual care company for primary, urgent and mental healthcare needs, today announced the promotion of Teira Gunlock to Chief Executive Officer. In her role, Gunlock leads a dynamic, growing organization focused on delivering convenient, high-quality and affordable care to U.S. members of its employer clients.
- Gunlock started at FSH in 2015, where she held the Director of Client Care role until she was
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Hint Connect Expands Direct Primary Care Network in Colorado with Nextera Healthcare
What You Should Know:
- Hint Health, the company powering the direct primary care (DPC) movement, today announced a partnership between Nextera Healthcare, Colorado’s first DPC provider and one of the fastest-growing DPC organizations in the U.S., and the company’s DPC network, Hint Connect.
- The partnership will allow Nextera Healthcare to more easily support large employers and health plans across the country while deepening Hint Connect’s network in Colorado, one of the strongest
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Security and Compliance Oversight Will Reduce Business Communication Risk for Healthcare in 2023
Cyber attacks on healthcare organizations are by no means just as simple as hackers going after healthcare data for the sake of obtaining critical data of patients, their families, or the organization's employees. A growing number of these attacks are executed by nation-states and other organized criminal organizations, which have the financial resources and the expertise to launch ever-more sophisticated and costly assaults against these organizations. Some of these attacks have been traced
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Allscripts Rebrands as Veradigm Inc.
What You Should Know:
- Today, Allscripts announced their corporate name change to Veradigm, reflecting their commitment to sustainable growth in each of their market segments (payer, life science & provider), effective January 1, 2023.
- Allscripts had been transitioning its solutions to the Veradigm brand during 2022, and Allscripts will now formally be known as Veradigm.
- Veradigm connects over 300,000 US healthcare providers via the Veradigm Network, helping to facilitate
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7 Buy-Side Considerations for Healthcare M&A in 2023
The shift to value-based care and an abundance of cash in the market are some of the drivers impacting healthcare mergers and acquisitions. These and other trends have been strong over the past few months and are expected to continue, impacting transaction planning for buyers.
If you are considering acquiring a healthcare business in 2023, here are seven things you need to know.
1. Value-based care is becoming a key driver in healthcare M&A
Value-based care
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Force Therapeutics Now Available in AWS Marketplace
What You Should Know:
- Force Therapeutics, a full-suite digital care management platform, announced today its availability in AWS Marketplace, a curated digital catalog that makes it easy for customers to find, buy, consume, and manage third-party software, services, and data that customers need to build solutions and run their businesses.
- Through AWS Marketplace, health systems, physician practices, and ambulatory surgical centers will now be able to enjoy the simplified procurement
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Asia/Oceania EMR 2022: Regional Market Share & Vendor Performance
What You Should Know:
- As healthcare organizations have come out of the peak of the COVID-19 pandemic, EMR purchase decisions in Asia have ramped up. In Oceania, most public hospitals have an EMR in place, but purchase energy remains high since many public and private provider organizations are planning large-scale purchases of go-forward EMRs.
- This report—KLAS’ first focused exclusively on Asia and Oceania—highlights (1) market share and vendor energy in recent EMR purchase decisions
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Patient Engagement Survey Reveals Current Patient Preferences for Access and Convenience
What You Should Know:
- Stericycle Communication Solutions (acquired by Carenet Health in December 2022), an industry leader in patient engagement technology and solutions and a service of Stericycle, Inc. (Nasdaq: SRCL), recently announced the findings of its third annual U.S. Consumer Trends in Patient Engagement Survey, conducted by Ipsos, which surveyed 1,004 U.S. adults aged 18 and older.
- The survey examined patients’ current preferences when engaging with their medical providers,
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Midsize/Large Practice Management 2022: Which Vendors Stand Out in an Established Market?
What You Should Know:
- Most practice management (PM) solutions have a long tenure in the market, yet not all vendors successfully meet practices’ needs—which include strong technology and a vendor who acts as a partner in customer success. Historically, KLAS has split PM data by midsize (11–75 physicians) and large practices (76+ physicians); however, independent practices (clinics not owned by a hospital/health system) and owned practices (clinics owned by a hospital/health system) also
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