Holding steady in the No. 1 spot, the healthcare industry has held the top rank in IBM’s Cost of Data Breach report for the past 11 years. It’s a lead that seems secure. In just a year from 2020-2021, the average total cost for healthcare for an event increased 29.5%, and now sits at $9.23 million.
Even amidst that threat landscape, the percentage those in the healthcare space spend on cybersecurity hasn’t climbed out of the single digits. Only 6% or less of the IT budget is typically
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Health IT | News, Analysis, Insights - HIT Consultant
R1 Acquires Revenue Cycle Company Cloudmed for $4.1B
What You Should Know:
- R1, a leading provider of technology-driven solutions that reduce friction in healthcare, has just acquired CloudMed, a leader in Revenue Intelligence™ for healthcare providers in a $4.1B cash deal.
- Upon closing of the transaction, current R1 shareholders will own approximately 70% of the combined company on a fully diluted basis and Cloudmed equity holders will own approximately 30%. Cloudmed equity holders will enter into an 18-month lockup agreement, subject to
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J&J Medical Devices Partner with Microsoft to Expand Digital Surgery Solutions
What You Should Know:
Johnson & Johnson Medical Devices Companies (JJMDC) announced a strategic partnership with Microsoft to further enable our digital surgery solutions.
The Johnson & Johnson Medical Devices Companies (JJMDC) today announced that it will collaborate with Microsoft to further enable and expand JJMDC’s secure and compliant digital surgery ecosystem. The Microsoft Cloud will help JJMDC realize its vision of
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mPulse Mobile Acquires HealthCrowd, Receives Growth Investment
What You Should Know:
mPulse Mobile, a leader in conversational AI and digital engagement solutions for the healthcare industry, released 2 major announcements:
- acquired HealthCrowd, a leading communications platform-as-a-service innovator focused primarily on the Medicaid market
- received a growth investment from PSG, a leading growth equity firm partnering with middle-market software and technology-enabled services companies.
Acquisition Impact for mPulse
mPulse took part in
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Medically Home Secures $110M to Expand Hospital-At-Home Platform
What You Should Know:
- Medically Home today announced a new, $110M round of funding from strategic investors including Baxter International Inc., Global Medical Response (GMR) and Cardinal Health who will each have representation on the company's Board. Cardinal Health, Mayo Clinic and Kaiser Permanente are providing additional capital on top of their previous investments, demonstrating confidence in the growing expansion of the model nationwide.
- The Medically Home model
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How Hospitals Can Build Trust and Bolster Patient Experience Through Data and Insights
In any industry, the systems created to enhance customer experience are in orbit around a singular premise: trust. In healthcare, trust is foundational to patient experience, yet it is still largely ignored in our conversations about healthcare transformation.
In order for patients to feel confident in the care they are receiving—and for a great patient experience—they need to trust their care providers. It’s an endemic challenge across healthcare as patients deal with a widening
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Endear Health Raises $4M for Payor Member Experience Platform for Medicare Advantage Plans
What You Should Know:
- Endear Health, a San Francisco, CA-based digital engagement platform built for the rapidly evolving value-based landscape, has successfully closed an oversubscribed $4M seed funding round led by 8VC with participation by GreatPoint Ventures and additional Angel Investors.
- Endear Health concurrently announced the appointment of Dr. Robert Mirsky to its Advisory Board to provide guidance as Endear Health expands to additional health plans and provider groups around
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Nomi Health Acquires Benefits Analytics Platform Artemis Health for $200M
What You Should Know:
Nomi Health, a direct healthcare provider, announced its acquisition of healthcare analytics provider Artemis Health -- the partner of choice for more than 500 U.S. employers and benefits advisors to make health benefits higher quality and more affordable using data.
- The acquisition gives Nomi Health customers actionable, data-driven insights to materially lower costs and improve the quality of care they deliver to their communities. The acquisition will also
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10 Best Practices for IoMT Security To Watch in 2022
As the coronavirus pandemic has swept across the world, hospitals and healthcare systems have attempted to keep up with community needs via IoMT (Internet of Medical Things) devices. Federal agencies have even authorized emergency use of certain types of IoMT devices in order to monitor and reduce coronavirus disease exposure.
The benefits of IoMT are sufficiently appealing that the IoMT market is poised to hit a valuation of $158
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Q-Centrix & Realyze Intelligence Partner to Advance the Clinical Data Automation
What You Should Know:
- Q-Centrix®, the largest exclusive provider of clinical data management solutions to hospitals and health systems, announced a partnership with Realyze Intelligence, a company using artificial intelligence (AI) and natural language processing (NLP) to capture unstructured clinical data, ensuring patient populations with heart conditions or cancer receive the most beneficial treatments.
- By partnering with Realyze, Q-Centrix will bring a sophisticated AI and machine
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