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Health IT | News, Analysis, Insights - HIT Consultant

HPS/PayMedix to Expand $25M for Healthcare Financing Solution

by Fred Pennic 01/26/2023 Leave a Comment

HPS/PayMedix to Expand $25M for Healthcare Financing Solution

What You Should Know: - Today, Health Payment Systems, Inc. (HPS)/PayMedix announced it has raised another $25M of funding to accelerate the growth of its PayMedix healthcare financing solution led by SVB Capital with partipcation from existing investors SV Health Investors, Hexagon, Inc. and Caltius Equity. - PayMedix increases health equity for all consumers by guaranteeing full and prompt payments of all in-network allowed charges for
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Exec Hires: Zocalo Health Appoints First-Ever Latina Chief Medical Officer

by Digital Health Executive Appointments 01/25/2023 Leave a Comment

Exec Hires: Zocalo Health Appoints First Ever Latina Chief Medical Officer

What You Should Know: - Zócalo Health, a Latino-founded healthcare service designed for Latino patients, has announced today the appointment of Dr. Sarah Lopez as its Chief Medical Officer making her the first-ever Latina CMO. - As Chief Medical Officer, Dr. Lopez will lead the expansion of Zócalo’s care model, growth of their clinical team, and the development of the company’s culturally aligned services. Dr. Lopez Bio/Background Prior to joining Zócalo Health, Dr. Lopez practiced
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Why Patient Portal Usability is Critical to Patient Experience

by Ram Krishnan, CEO of Valant 01/25/2023 Leave a Comment

Why Patient Portal Usability is Critical to Patient Experience

Improving patient experience is a primary concern for behavioral health providers today. A positive patient experience can keep clients returning, while a frustrating or confusing experience may push them away. With so much on the line, it’s important to get it right. One of the most powerful tools in a behavioral health practice’s arsenal is a user-friendly, highly functional patient portal. These portals are often clients’ main point of connection to a practice outside of appointments. What
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Study: Increased Transparency Between Payers and Providers at the Point-of-Care Improves Risk Capture and Quality Measures

by Syed Hamza Sohail 01/25/2023 Leave a Comment

Study: Increased Transparency Between Payers and Providers at the Point-of-Care Improves Risk Capture and Quality Measures

What You Should Know: - IllumiCare, a pioneer in point-of-care healthcare information technology, today released a new report detailing how increased data transparency between health plans and providers on care and coding gaps results in higher compliance, process improvement, and positive behavior changes among network providers.  - The report demonstrates, across multiple plans, that placing previously unavailable yet actionable information on quality gaps, HCC (Hierarchical
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Health Gorilla Launches Pharmacy Data, Powered by DrFirst

by Syed Hamza Sohail 01/25/2023 Leave a Comment

Health Gorilla Launches Pharmacy Data, Powered by DrFirst

What You Should Know: - Health Gorilla, a Health Information Network (HIN) and leading interoperability platform launches Pharmacy Data, a new product enabling seamless access to complete medication history data from most major pharmacies. - Pharmacy Data is powered by a new partnership with DrFirst and its MedHx Population Risk Management (PRM) solution to provide deduplicated medication history from local and national data sources, including prescribing data, pharmacy
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60% of Consumers Lack Immediate Access to Their Medical Records

by Syed Hamza Sohail 01/25/2023 Leave a Comment

What You Should Know: - Carta Healthcare®, a pioneer in harnessing the power of clinical data, have announced the results of a survey regarding patient healthcare data access in the United States. - The results reveal that 60% of consumers don’t have immediate access to their medical records, and another 17% don’t know if they do. Furthermore, 66% of respondents indicate they don’t know where their data goes after they leave their healthcare provider’s office. Insights regarding data
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M&A: ReviveHealth Acquires Telehealth Company SwiftMD

by Fred Pennic 01/24/2023 Leave a Comment

M&A: ReviveHealth Acquires Telehealth Company SwiftMD

What You Should Know: ReviveHealth, a whole health and integrated care company, has acquired SwiftMD, a virtual care services company with a strong physician network.  - The acquisition was facilitated by Eir Partners, a Miami based private equity firm that invests in high growth healthcare companies. Eir Partners took a majority interest in ReviveHealth as a part of the transaction. SwiftMD Background SwiftMD is a digital virtual health company with the highest utilization rate
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Dexcom Ventures Invests in MedCrypt’s Medical Device Cybersecurity Platform

by Jasmine Pennic 01/24/2023 Leave a Comment

Dexom Ventures Invests in MedCrypt’s Medical Device Cybersecurity Platform

What You Should Know: - MedCrypt, the proactive cybersecurity solution provider for medical devices and manufacturers, will announce the close of a Series B extension round led by Dexcom Ventures, bringing the company's total to date to $36.4M.  - With support from three major investors, Johnson & Johnson Innovations, Intuitive Ventures, and Dexcom Ventures, MedCrypt continues to lead the way in developing cybersecurity technologies and infrastructure for life-saving medical
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Boosting Clinical Trial Recruitment Requires Humanity – and Technology

by Dr. Chris Fourment, SVP of Clinical Strategy at Iterative Health 01/24/2023 Leave a Comment

Boosting Clinical Trial Recruitment Requires Humanity – and Technology

Clinical trials should be a time of promise for better patient outcomes, as they explore new ways to potentially help patients suffering from a variety of conditions. Instead, this phase of treatment development is often met with exasperation as patients, researchers, and drug developers deal with the many barriers to clinical trial recruitment and access.   There are two central – and intrinsically linked – problems with the current state of clinical trial recruitment in the U.S.:
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Healthcare Profit Pools to Reach $790B by 2026, Report Reveals

by Syed Hamza Sohail 01/24/2023 Leave a Comment

Healthcare Profit Pools to Reach $790B by 2026, Report Reveals

What You Should Know: - Healthcare profit pools are expected to grow 4 percent annually resulting from $654 billion in 2021 to $790 billion in 2026, according to a new McKinsey report. - The report reveals inflation is not transitory and the economic outlook has meaningfully darkened due to a healthcare worker shortage and endemic COVID-19.   What to expect in US healthcare in 2023 and beyond The US healthcare industry faces demanding conditions in 2023, including
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