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Health IT | News, Analysis, Insights - HIT Consultant

Kaufman Hall Acquires Claro Healthcare

by Fred Pennic 09/23/2022 Leave a Comment

Kaufman Hall Acquires Claro Healthcare

What You Should Know: - Kaufman, Hall & Associates, LLC (Kaufman Hall) has entered into a definitive agreement to acquire healthcare management consulting firm Claro Healthcare. - Claro Healthcare is the leading clinical documentation, hospital operations, and mid-revenue cycle improvement platform, blending technology, professional services, and domain expertise to deliver significant return on investment to providers across financial, quality, and compliance metrics. -
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American Diabetes Association Launches Amputation Prevention Alliance

by Jasmine Pennic 09/23/2022 Leave a Comment

American Diabetes Association Launches Amputation Prevention Alliance

What You Should Know: - The American Diabetes Association® announced a new initiative designed to address the urgent public health challenge of preventable amputation called the Amputation Prevention Alliance. Over 135,000 amputations occur every year in the United States, with the majority of those procedures being preventable, but due to challenges in accessing quality care, patients are forced into unnecessary amputations and even death.  - The Amputation
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Caris Life Sciences Integrates with Flatiron Health for Molecular Testing

by Jasmine Pennic 09/23/2022 Leave a Comment

Epic Integrates Caris Molecular Testing Portfolio with Epic’s ORA Network

What You Should Know: - Caris Life Sciences, the leading molecular science and technology company, announced their partnership with Flatiron Health to fully integrate Caris’ molecular testing portfolio with Flatiron’s OncoEMR®, a cloud-based electronic medical record (EMR) tool. - This partnership streamlines clinical workflows for physicians, delivering critical results directly at the point of care to help them make better treatment decisions for their patients.    Molecular
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Cost Transparency Ecosystem in Healthcare

by Paul Ketchel, CEO of MDsave 09/23/2022 Leave a Comment

Transparency Ecosystem in Healthcare

Cost transparency is a driving force in the American market. Whether consumers are looking to purchase a latte, a plane ticket, or surgery, they increasingly expect to pay an “out-the-door” price– something that includes all labor and materials as well as the finished product or service. When polled, 66% of Americans indicated that they would shop for care if prices were publicly disclosed. And in pursuit of competitively and transparently priced services, some patients attempt to shop locally;
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Bicycle Health Nabs $5M to Scale Its Virtual Opioid Use  Disorder Treatment

by Fred Pennic 09/22/2022 Leave a Comment

Bicycle Health Secures $50M for Virtual Opioid Use Disorder Treatment

What You Should Know: - Bicycle Health, a Boston, MA-based provider of virtual opioid addiction treatment secures $5M from Cobalt Ventures to further accelerate the expansion of its telehealth opioid use disorder (OUD) treatment. - The additional capital extends Bicycle Health’s Series B venture capital financing, bringing the company’s total funding to date to $83M. Evidence-based, online suboxone treatment for opioid addiction Founded in 2017, Bicycle
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XpertDox Secures $1.5M to Automate Medical Coding Process

by Fred Pennic 09/22/2022 Leave a Comment

XpertDox Secures $1.5M to Automate Medical Coding Process

What You Should Know: - Today, XpertDox, LLC., a Birmingham, AL-based revenue cycle company specializing in autonomous medical coding powered by artificial intelligence raises $1.5M from  TN3, LLC, an Arizona based Private Equity Capital firm. - XpertDox's XpertCoding solution harnesses the power of artificial intelligence in order to autonomously code medical claims faster, more accurately, and cheaper than traditional manual processes. XpertDox is utilizing the funding to
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VC Firm General Catalyst Partners Lands First NHS Trust Partnership in UK

by Jasmine Pennic 09/22/2022 Leave a Comment

VC Firm General Catalyst Partners Lands First NHS Trust Partnership in UK

What You Should Know: - Venture capital firm General Catalyst announced a partnership with Guy’s and St Thomas’ NHS Foundation Trust (GSTT), the largest hospital system in the UK with a diverse patient population and a longstanding commitment to innovation. - As part of the partnership, General Catalyst and GSTT will work together to identify innovative digital solutions that benefit patients and providers by addressing problems such as hospital capacity constraints, long wait times and
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Backed by $5M Grant, Butterfly Network Deploys 500 Devices to Healthcare Workers in Kenya

by Fred Pennic 09/22/2022 Leave a Comment

Backed by $5M Grant, Butterfly Network Deploys 500 Devices to Healthcare Workers in Kenya

What You Should Know: - Butterfly Network announce the deployment of 500 Butterfly iQ+ devices, the world’s only handheld, whole-body ultrasound probe, to healthcare practitioners in Kenya to advance maternal and fetal health. - This deployment is part of a $5 million grant from the Bill & Melinda Gates Foundation to expand access to medical imaging across Sub-Saharan Africa. Why It Matters According to the World Health Organization Regional Office for Africa1, about 830 women
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Healthcare Data Lake: The Key to Operating a Data Informed Organization

by Tom Laughlin, AVP, Premier Client Services, Inovalon 09/22/2022 Leave a Comment

Healthcare Data Lake: The Key to Operating a Data Informed Organization

Two decades ago, business priorities within a healthcare organization were largely driven by a select few executive visionaries. Today, the most successful healthcare organizations are using data to validate ideas and further refine them through advanced studies and predictive models. The data-informed healthcare organization has come of age through recent advances in data technologies, a surge in artificial intelligence and machine learning capabilities,
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Cityblock Health & MDwise Brings VBC to 10K Medicaid Members in IN

by Jasmine Pennic 09/22/2022 Leave a Comment

What You Should Know: - MDwise and Cityblock Health, the first tech-driven healthcare provider for communities with complex health and social needs announced that they will be collaborating to provide high-quality, comprehensive care to 10,000 Medicaid members at launch in select Indiana communities, including Indianapolis.  - As part of this strategic collaboration, Cityblock will open comprehensive care clinics to provide care services for these individuals, addressing physical
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