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Health IT | News, Analysis, Insights - HIT Consultant

5 Steps for Providers When Selecting a Healthcare Technology Vendor

by Joey Cavanaugh, Chief Operations Officer at Zotec Partners 11/24/2021 Leave a Comment

5 Steps for Providers When Selecting a Healthcare Technology Vendor

Healthcare providers typically rely on a multitude of vendors to help them deliver care to patients. Some partnerships flourish seamlessly, while others are burdensome and take more resources to maintain. Depending on time and interests, physicians themselves may or may not work directly with revenue cycle management vendors; however, healthcare administrators communicate with vendor representatives more frequently — weekly or even daily. For administrators, a robust reporting dashboard can
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VP Harris Unveils $1.5B Investment to Bolster Health Equity, Diversity Health Workforce

by Jasmine Pennic 11/23/2021 Leave a Comment

VP Harris Unveils $1.5B Investment to Bolster Health Equity, Diversity Health Workforce

What You Should Know: VP Kamala Harris unveils a $1.5B investment in national health service corps and nurse corps will expand and diversify the health workforce and improve critical clinical care in underserved communities. On Monday, Vice President Kamala Harris announced a  $1.5 billion investment to help grow and diversify the nation’s health care workforce, and bolster health equity in the communities that need it most during the COVID-19 pandemic
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Luma Health Secures $130M to Optimize Patient Journey

by Fred Pennic 11/23/2021 Leave a Comment

Luma Health Secures $130M to Optimize Patient Journey

What You Should Know: - Luma Health, a provider of patient engagement technology raises $130M to unify, automate, and transform patients’ healthcare journey. Luma Health, a San Francisco, CA-based patient engagement platform, today announced a $130 million Series C funding round led by FTV Capital, a sector-focused growth equity investment firm, with participation from existing investors. This latest round brings Luma Health’s total funding raised to $160
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Community Care Physician Network to Implement Innovaccer Health Cloud

by Fred Pennic 11/23/2021 Leave a Comment

Community Care Physician Network to Implement Innovaccer Health Cloud

What You Should Know: - Community Care Physician Network (CCPN) deploys Innovaccer Health Cloud to help its providers deliver exceptional consumer experiences, support high-quality care, and manage costs across its Medicare and Commercial contracts. Today Innovaccer Inc., the Health Cloud company, announced that Community Care Physician Network (CCPN) is utilizing the Innovaccer Health Cloud to help its providers deliver exceptional consumer experiences, support high-quality care,
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An Inside Look at Payer Compliance with CMS’ Patient Access API Rule

by John Kelly, Principal Business Advisor, Edifecs 11/23/2021 Leave a Comment

An Inside Look at Payer Compliance with CMS’ Patient Access API Rule

The healthcare industry is now closer than ever to its quest for true interoperable data exchange. July 1, 2021 was the enforcement date for the Centers for Medicare and Medicaid Services (CMS) Interoperability and Patient Access final rule. The rule requires that all healthcare payer organizations participating in a CMS program allow members to download and share their data using API’s (Application Programming Interface). This
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Edifecs Acquires Risk Adjustment Solution Health Fidelity – M&A

by Jasmine Pennic 11/22/2021 Leave a Comment

Edifecs Acquires Risk Adjustment Solution Health Fidelity – M&A

What You Should Know: - Today, global health IT company, Edifecs announced it has entered a definitive agreement to acquire Health Fidelity, a San Francisco-based tech provider. Together, the companies will offer health plans and provider customers with the most complete risk adjustment solution in healthcare. Edifecs, Inc., a health information technology solutions company, announced today that it has signed a definitive agreement to acquire Health Fidelity, a
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Hellman & Friedman and Bain Capital Acquires athenahealth for $17B

by Fred Pennic 11/22/2021 Leave a Comment

$17B athenahealth PE Firm Buyout Deal Near Closing - Health M&A

What You Should Know: Hellman & Friendman LLC and Bain Capital acquire health IT company athenahealth for $17 billion dollars. Private Equity firms Bain Capital and Hellman & Friedman LLC has announced it has acquired athenahealth, a cloud-based enterprise software solution for medical groups and health systems for $17B. In September, it was reported PE firm Veritas Capital and hedge fund Elliot Investment were exploring options to sell athenahealth for $20B or file for an
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Information Blocking Rule: 6 Key Takeaways Since Meaningful Use

by Leigh Burchell, Vice President of Policy & Government Affairs, Allscripts 11/22/2021 Leave a Comment

Information Blocking Rule: 6 Key Takeaways Since Meaningful Use

Information exchange and data availability are now a cost of doing business but establishing a robust strategy for that exchange and compliance with the new regulation from the Office of the National Coordinator for Health Information Technology takes careful planning. Healthcare organizations can achieve and maintain compliance by following these six takeaways: 1. Understand what constitutes “Electronic Health Information” “Electronic Health Information,” ONC’s new term for the data
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Artificial Intelligence: Healthcare’s Most Powerful Weapon

by Ashley Mehta, CEO & President of Nolij Consulting 11/19/2021 Leave a Comment

AI: Healthcare’s Most Powerful Weapon

The Advent of the ‘Digital CRISPR.’ Artificial Intelligence (AI) in the workplace has transformed how healthcare professionals and organizations conduct daily operations. It has also brought significant improvements in patient care and outcomes while moving the needle forward in the prevention and treatment of diseases. In short, AI makes it possible to crawl through massive amounts of data in minutes to make more informed decisions and keep healthcare organizations consistently ahead of
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Alira Health Acquires Digital Health Engagement Platform Patchai

by Jasmine Pennic 11/18/2021 Leave a Comment

Alira Health Acquires Digital Health Engagement Platform Patchai

What You Should Know: Alira Health acquires Italy-based Patchai, a cognitive platform embedding an empathetic virtual assistant for patient engagement and real-time data collection. This marks Alira Health’s second digital health acquisition, furthering the company’s rapid expansion into patient-centric, technology-enabled solutions for healthcare providers, payers, and suppliers. Alira Health, a Framingham, MA-based health care consultancy, announced that it has acquired Italy-based
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