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Health IT | News, Analysis, Insights - HIT Consultant

Curana & Innovaccer Partner to Improve Outcomes for Senior Living Communities

by Jasmine Pennic 07/19/2022 Leave a Comment

Curana & Innovaccer Partner to Improve Outcomes for Senior Living Communities

What You Should Know: - Today, Innovaccer Inc., the Health Cloud company, announced that Curana Health is partnering with Innovaccer to build a leading edge value-based care solution to support delivery of exceptional care quality at the lowest possible cost for one of healthcare’s highest risk populations: residents in senior living communities across the country. - Together, Curana Health and Innovaccer will build an industry-leading value-based-care toolkit using the Innovaccer Health
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Inovalon Launches Race & Ethnicity Data Enrichment Offering for Health Plans

by Jasmine Pennic 07/19/2022 Leave a Comment

Inovalon Launches Race & Ethnicity Data Enrichment Offering for Health Plans

- What You Should Know:  Inovalon, a provider of cloud-based software solutions empowering data-driven healthcare unveils a new data enrichment offering that allows health plans to improve the completeness and accuracy of race and ethnicity data for their members. - By using algorithms uniquely available through the  Inovalon ONE® Platform, the new offering fills in information gaps that can lead to care disparities across member populations and helps
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Healthie Raises $16M to Enable Infrastructure Platform for Digital Health Companies

by Fred Pennic 07/19/2022 Leave a Comment

Healthie Raises $16M to Enable Infrastructure Platform for Digital Health Companies

What You Should Know: - Healthie, a New York City-based infrastructure platform for digital health companies raises $16M in an oversubscribed Series A round led by Velvet Sea Ventures with participation from Greymatter Capital, Watershed, Builders VC and a customer syndicate. - Over 60 angels with deep healthcare and tech experience also participated in the financing, including Roushan Zenooz, Executive Chairman of Primary Health, B12 CEO Nitesh Banta, Rafid Fadul, former CMO at Wheel
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Cornerstone AI Raises $5M to Solve Healthcare’s Data Problem

by Syed Hamza Sohail 07/18/2022 Leave a Comment

Cornerstone AI Raises $5M to Solve Healthcare’s Data Problem

- Cornerstone AI, a new company solving healthcare’s data challenges to improve research and care, publicly launched its first-of-its-kind AI platform. - The company also announced a $5M seed round led by Healthy Ventures. The funding marked the first investment for Initiate’s affiliated fund, Initiate Ventures. Healthy Ventures General Partner Anya Schiess and Initiate’s Rowan Chapman and lana Dimkova have joined Cornerstone’s board of directors. Funds will be used to further product
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Executive Roundtable: Can Innovation Alleviate Clinician Burnout?

by Fred Pennic 07/18/2022 Leave a Comment

Physician Burnout Report: Understanding The Impact of Burnout on Healthcare Executives

The U.S. Surgeon General’s recent advisory about clinician burnout cited numerous societal, cultural, structural, and organizational causes—including excessive workloads, administrative burden, and lack of organizational support. The potential fallout of this trajectory is alarming: The advisory cites the Association of American Medical Colleges’ estimate on clinician demand outpacing supply, with an anticipated shortage of between
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Canvas Medical Raises $24M for EMR & Payments Platform

by Syed Hamza Sohail 07/18/2022 Leave a Comment

Canvas Medical Raises $24M for EMR & Payments Platform

What You Should Know: - Canvas Medical, the EMR that enables clinicians and developers to power the future of care delivery, has raised $24M in Series B funding led by M13 with participation from Haystack and previous investors Inspired Capital, IA Ventures, Upfront Ventures, and Irongrey. - In addition to this funding, Canvas has achieved federal certification through the Office of the National Coordinator for Health Information Technology (ONC).  A Full-Stack Ambulatory EMR and
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Sutter Health Signs 10-Year Contract with R1 RCM for End-to-End RCM

by Fred Pennic 07/18/2022 Leave a Comment

What You Should Know: - Sutter Health, a not-for-profit integrated health system that provides high-quality care across Northern California has signed a 10-year agreement with R1 RCM to serve as their exclusive provider of enterprise revenue cycle management services. - The parties believe that the partnership will help improve Sutter’s overall financial performance with an estimated $400M in cost savings over the next 10 years, helping Sutter achieve more sustainable labor costs and
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Practicing for the Next Pandemic with Real-World Data

by Mac Bonafede, Ph.D., MPH, VP of Real World Evidence at Veradigm 07/18/2022 Leave a Comment

Practicing for the Next Pandemic with Real-World Data

Data reporting challenges during the current pandemic relate to the lack of connectivity between public health and information technology (IT) reporting systems throughout the country. While access to real-world data (RWD) helps address this situation, the solution goes beyond simple accessibility. Real-world data represents data collected outside of randomized clinical trials, such as patient data from electronic health records (EHRs), mobile and smart devices, claims and billing activity
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HPG Acquires HIT Consulting Services Provider HDS

by Jasmine Pennic 07/15/2022 Leave a Comment

HPG Acquires HIT Consulting Services Provider HDS

What You Should Know: - Healthcare Performance Group, Inc. (HPG) acquires Health Data Specialists, LLC (HDS), a healthcare IT consulting firm with expertise in Epic, Siemens, and Cerner platforms serving more than 300 hospitals and health systems. - The HPG consulting team includes IT and informatics experts as well as nurses, pharmacists, lab technicians, radiology experts, certified revenue cycle professionals, medical executives, program managers and project managers. These backgrounds
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athenahealth Alums Launches Fold Health: Digital Health Tech Stack For Primary Care

by Syed Hamza Sohail 07/14/2022 Leave a Comment

Athenahealth Alums Launch Fold Health: Modern Digital Health Tech Stack For Primary Care

What You Should Know: - A team of serial health tech entrepreneurs who sold their mobile EHR app to athenahealth has announced the launch of ed Fold Health, the first interoperable digital health tech stack for primary care. - Fold Health closed a round of $6M from former athenahealth CEO Jonathan Bush, SkyFlow CEO Anshu Sharma, Saama Technologies CEO Vivek Sharma along with Anand Chandrasekharan from General Catalyst, Mohanjit Jolly from Iron Pillar, Gokul Rajaram from Firebolt Ventures,
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