Poorly managed chronic conditions—most of which are related to lifestyle—cost employers $36.4 billion each year in the form of absenteeism and poor productivity. Add in coverage-related and other costs, and that number skyrockets to $575 billion. Coverage costs alone have increased by 47% over the previous ten years.
Research shows that at-risk employees can benefit from care management programs that help them better maintain their chronic conditions, while employers benefit from lower
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Health IT | News, Analysis, Insights - HIT Consultant
M&A: NextGen Healthcare EHR Acquired by PE Firm for $1.8B
What You Should Know:
- Thoma Bravo, a private equity software investment firm has acquired NextGen Healthcare, Inc, for over $1.8B in cash.
- Under the terms of the agreement, NextGen Healthcare shareholders will receive $23.95 per share in cash. The acquisition is expected to close in the fourth calendar quarter of 2023
- Upon completion of the acquisition, NextGen Healthcare’s common stock will no longer be listed on any public stock exchange and will become a privately held
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What’s Old is New Again: 3 Benefits of Moving Some Servers Out of the Cloud for Providers
In recent years, cloud computing has become the go-to solution for healthcare institutions seeking flexibility and scalability. However, as the digital and legislative landscapes evolve, a growing number of organizations are reevaluating their cloud strategies. Are you best served by doubling down on your cloud-based strategy, or by backing off a bit and bringing some of your services out of the cloud and back down to earth? Consider these cases before completely abandoning your presence on
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UPMC to Replace Oracle Cerner with Epic Enterprise EHR by 2026
What You Should Know:
UPMC announced it is replacing Oracle Cerner with Epic’s enterprise EHR platform to create a unified platform across its health system, representing more than six million patient records. UPMC previously deployed Epic in its outpatient space, Pittsburgh Post Gazette reports.UPMC cites lowering operational costs, optimizing security, and improving patient engagement as reasons for the EHR replacement.Migration of all UPMC patient records to Epic’s EHR platform is expected
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Streamlining Digital Preference Cards for Surgeons Improves Operational Efficiency & Patient Safety
In the dynamic world of healthcare, preference cards serve as crucial tools that capture a surgeon’s specific needs and preferences for each type of surgical procedure they perform. These cards typically outline the equipment, instruments, and supplies required for a particular procedure, providing a personalized roadmap for surgical teams to follow. By detailing these specifications, preference cards help streamline surgical planning, foster improved communication among the operating room (OR)
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TeleVox Acquires Odeza Patient Engagement Business from Ensemble Health Partners
What You Should Know:
- TeleVox announced it has acquired the Odeza patient engagement business from Ensemble Health Partners (Ensemble), a revenue cycle management company for hospitals, health systems and physician practices. Financial terms of the acquisition were not disclosed.
- The acquisition will make TeleVox’s technology available to Ensemble’s customers, offering healthcare providers a comprehensive solution from patient acquisition to discharge and beyond.
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Integral Secures $6.9M to Expand Real-Time Compliance for Life Sciences
What You Should Know:
- Integral, an innovator in safeguarding privacy and maximizing data quality raises $6.9M in seed funding to protect sensitive health data and provide automated expert certification software that enables health and life sciences companies access to compliant, rich, de-identified data in hours, rather than months.
- The seed round was led by Haystack, The General Partnership, and Virtue Ventures, with additional support from Also Capital, Array Ventures,
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Girls Inc. & Learn to Live to Tackle Mental Health for Teenage Girls
What You Should Know:
Today, preeminent girls’ leadership organization Girls Inc. and leading digital mental health provider Learn to Live announced a partnership to make clinically proven mental health services available free to Girls Inc. participants aged 13 and above.The program will offer support for social anxiety; depression; stress, anxiety & worry; panic; insomnia; substance use; and resilience skills to over 55,000 girls across the U.S. and
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The Medical Library: A Hospital’s Most Underappreciated Asset
The impact of medical librarians is well-documented. In one experiment, a group of primary care providers had the opportunity to send clinical questions to a rapid-response medical librarian. They received their replies in an average of 14 minutes, and 86 percent were described as having a positive impact on care. Two studies indicated patient length of stay was reduced when clinicians requested medical library searches related to a patient's
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Better Life Partners Raises $26.5M to Expand Virtual SUD Platform
What You Should Know:
- Better Life Partners, a virtual and in-person, community-embedded, whole-health solution for individuals and populations with substance use disorders (SUD) raises $26.5M in Series B funding round.
- The round is co-led by aMoon and existing investor F-Prime Capital with participation from existing investor, .406 Ventures. Better Life Partners has raised $38M to date.
- Better Life Partners plans to use the new capital to further develop and scale its effective,
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