Administrative complexity is a billion-dollar problem, riddled with human-led, hand-done steps that simply don’t need to exist.
In a given year, approximately a quarter to one-third of our healthcare spending comes from waste across the system. Sometimes, the cause of money waste is obvious, such as duplicated tests, misdiagnosis, extended ER stays, overtreatment, or failures in care coordination. The less obvious contributor: time.
Time is wasted at nearly every step of the
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Health IT | News, Analysis, Insights - HIT Consultant
Lightbeam Health Solutions Acquires RPM Platform CareSignal
What You Should Know:
- Lightbeam Health Solutions, Inc., a provider of end-to-end population health management solutions, announced today the acquisition of CareSignal, the pioneer of Deviceless Remote Patient Monitoring technology. Financial details of the acquisition were not disclosed.
- The acquisition enables Lightbeam to integrate scalable, evidence-based remote engagement and monitoring capabilities into its core population health offering, which serves more than 42 million patient
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Key Ingredient to Improving Outcomes in Behavioral Health: Measurement-Based Care
The burden of mental disorders is well known. Mental disorders are common, resulting in significant disability as well as contributing to -- and complicating -- chronic health conditions. Most mental disorders are untreated, and the COVID-19 pandemic has only further highlighted significant disparities in access to treatment. Effective pharmacologic and psychological treatments are available, yet outcomes in routine practice are often weaker than what is found in randomized controlled
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Top 5 Digital Transformation Priorities for Healthcare Leaders
What You Should Know:
- Today Innovaccer Inc., the Health Cloud company, released the 2021 edition of “The Science of Digital Transformation in Healthcare and Why It’s Vital for Payer-Provider Collaboration.”
- The survey report assessed more than 4,000 survey responses from healthcare professionals over the first six months of 2021 for their insights into healthcare organizations’ progress toward digital transformation. It also explores how cloud computing fits into payers’ and providers’
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CareDx Acquires Medication Adherence Platform MedActionPlan
What You Should Know:
- CareDx, Inc. (Nasdaq: CDNA), a precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced it has acquired MedActionPlan®, a New Jersey-based provider of medication safety and adherence technology and patient education.
- MedActionPlan programs have been proven to improve adherence, reduce healthcare costs, and increase
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Olive, ClosedLoop Integrate to Bring Predictive Analytics to Hospitals
What You Should Know:
- Today, healthcare automation company Olive announced their partnership with ClosedLoop, a healthcare-specific data science platform that allows hospitals to implement artificial intelligence (AI) technology. As part of the partnership, Olive will be able to leverage ClosedLoop’s technology within Olive Helps to help deliver better patient outcomes, such as reducing unplanned hospitalizations, readmission rates and hospital-acquired infections.
- This partnership
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GE to Form Tax-Free Spin-Off of GE Healthcare Focused on Precision Health
What You Should Know:
Today, GE announced plans to form a tax-free spin-off of GE Healthcare, creating a pure-play company at the center of precision health in early 2023.
The announcement is part of GE plans to form three independent industry-leading, global, investment-grade public companies focused on the growth sectors of aviation, healthcare and energy.
GE is on track to reduce debt by more than $75 billion by the end of 2021 and is now on track to bring its net-debt-to-EBITDA*
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Healthcare Financial Assistance Transactions Increases by 55%, TransUnion Healthcare Survey Reveals
What You Should Know:
- The number of financial assistance transactions processed by TransUnion Healthcare increased 55% between September 2020 and September 2021, according to a new analysis from TransUnion Healthcare released at the HFMA Annual Conference indicates hospitals are more proactively working with patients to understand their financial needs and provide appropriate options.
- The data reflect millions of financial assistance transactions, from more than 1,000 hospitals and
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Three Steps to a Successful Health Insurance Exchange
Since the launch of the Affordable Care Act, we have seen federal administrations come and go. Yet throughout the changes and enhancements to the law over time and across party lines, one thing has remained constant – and that is, exchanges or state-based marketplaces (SBMs) have and will continue to provide states with the autonomy and flexibility to address the unique needs of health insurance markets and consumers around the country in a way that HealthCare.gov cannot.
Jessica
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Aver Raises $58M Led by Cox Enterprises, Rebrands as Enlace Health
What You Should Know:
- Aver, Inc., an end-to-end solution that solves the infrastructure challenges driving today’s unsustainable healthcare system announced a $58M investment led by Cox Enterprises and with participation from other existing investors to accelerate the scale and deployment of its new Enlace Health brand. The capital will be used to accelerate growth and represents the first of many financial and strategic moves planned that begin the seismic shift needed to improve
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