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Health IT | News, Analysis, Insights - HIT Consultant

3 Trends Impacting the Financial Health of Patients and Providers in 2022

by Srulik Dvorsky, CEO and Co-founder, TailorMed 01/21/2022 Leave a Comment

3 Trends Impacting the Financial Health of Patients and Providers in 2022

It's an unfortunate reality of our times: Healthcare in the United States has become increasingly unaffordable, challenging patients, providers, and pharmacies alike. One in 5 adults reported they can’t afford quality care. Uncompensated care hovers around $40B annually. The COVID-19 pandemic continues to strain the resources of our healthcare system. What lies ahead?  Against a backdrop of growing financial burden, these three trends tell the story of where healthcare affordability is
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M&A: IBM Sells Off Watson Health Business to PE Firm Francisco Partners

by Fred Pennic 01/21/2022 Leave a Comment

M&A: IBM Sells Off Watson Health Business to PE Firm Francisco Partners

What You Should Know: - Today, IBM announced it has sold off healthcare data and analytics assets from IBM that are currently part of the Watson Health business to global private equity firm Francisco Partners. The assets acquired by Francisco Partners include extensive and diverse data sets and products, including Health Insights, MarketScan, Clinical Development, Social Program Management, Micromedex, and imaging software offerings. - Financial terms of IBM's agreement with Francisco
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Pharmacy Interoperability Challenges and Needs Under the 21st Century Cures Act

by Jason Ausili, Pharm.D., Chief Clinical Officer, FDS Amplicare, now part of EnlivenHealth™ 01/21/2022 Leave a Comment

Pharmacy Interoperability Challenges and Needs Under the 21st Century Cures Act

As interoperability provisions from the 21st Century Cures Act (Cures Act) enter their enforcement phase, pharmacy leaders within the Pharmacy HIT Collaborative (PHIT), the U.S. Department of Health and Human Services (HHS) Office of the National Coordinator for Health Information Technology (ONC), and pharmacy system vendors met recently to discuss the state of pharmacy interoperability. The group detailed various challenges and needs associated with pharmacy interoperability, information
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Syapse, Pfizer Extends Collaboration to Generate Real-World Evidence in Breast Cancer

by Jasmine Pennic 01/20/2022 Leave a Comment

FDA, Syapse Expand Research to Generate Real-World Data Related to COVID-19 and Cancer

What You Should Know: - Syapse, a real-world evidence company that informs cancer care, announced that it will extend its collaboration with Pfizer to generate real-world evidence in breast cancer. - This is the third phase of the collaboration, which was first announced in 2019 and renewed in 2021. Generate Real-World Evidence in Breast Cancer As part of the next phase of the collaboration, Syapse will provide insights and services to Pfizer, using the Syapse Learning Health Network
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DrChrono and Solv Integrates to Enhance the Patient Experience

by HITC Staff 01/20/2022 Leave a Comment

DrChrono and Solv Integrates to Enhance the Patient Experience

What You Should Know: - DrChrono Inc., an EverHealth® solution that is developing an essential platform and services for modern medical practices, today announced an integration partnership with Solv, an app that delivers everyday healthcare on-demand, equipping providers with the technology they need to improve patient access to quality healthcare, virtually or in person. - The integration aims to ultimately provide a simple, friendly, and transparent experience that increases
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ONC Publishes the Trusted Exchange Framework and the Common Agreement

by Fred Pennic 01/18/2022 Leave a Comment

ONC Releases Report on Effects of Meaningful Use

What You Should Know: - The Office of the National Coordinator for Health IT (ONC) and its Recognized Coordinating Entity (RCE), The Sequoia Project, published the Trusted Exchange Framework and Common Agreement (TEFCA), creating the baseline legal and technical requirements that will enable secure, nationwide information sharing across different health care entities, completing a critical 21st Century Cures Act requirement. - The release of TEFCA today marks the beginning of the
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Vibrent Health Accelerates Clinical Research through EHR Integration

by Jasmine Pennic 01/18/2022 Leave a Comment

Vibrent Health Accelerates Clinical Research through EHR Integration

What You Should Know: - Vibrent Health today announced the integration of EHRs into its Digital Health Solutions Platform, enabling health researchers to immediately access a wealth of data – such as diagnoses, treatments, medications and lab results – that can provide a fuller, more accurate picture of a research participant’s health than data collected manually by researchers. - Vibrent Health supports leading FHIR-enabled EHR vendors such as Epic and Cerner to ensure
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3-Step Ransomware Recovery Strategy for Healthcare Organizations

by George Crump, CMO at StorONE 01/18/2022 Leave a Comment

3-Step Ransomware Recovery Strategy for Healthcare Organizations

At some point, the chances are high that ransomware will pierce the defenses you have tried to put in place at your healthcare organization. When that occurs, your healthcare organization needs a ransomware recovery strategy, which enhances your typical backup and recovery processes. Below is a three-step program for ensuring that you can recover from an attack. Step 1 - Frequent Backups Ransomware, unlike any other disaster, can strike anywhere. No data center is safe. It can also hit at
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How Will AI Continue to Shape Healthcare in 2022? 9 Predictions to Watch

by Fred Pennic 01/17/2022 Leave a Comment

Clinical Operations Makes Highest Use of Artificial Intelligence, Tufts Study Finds

Digital health executives share their predictions on how artificial intelligence (AI) will continue to shape the healthcare industry in 2022. Diana Nole, EVP and GM of Healthcare at Nuance Communications, Inc. AI will find more game-changing use cases – According to Optum's fourth annual survey on AI in healthcare, 96% of respondents said AI plays an important role in increasing health equity, and 94% said they have a duty to ensure AI is used responsibly in healthcare. As healthcare
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Virtual Primary Care Reimagined With A Virtual First Health Plan

by Robert Bressler, SVP of Primary360, Teladoc Health 01/17/2022 Leave a Comment

Virtual primary care embedded in a virtual-first health plan also offers a novel alternative for employers and health plans to curb rising healthcare costs

The promise of primary care on improved health outcomes has been proven over time. At the core of this equation is a robust and longitudinal patient-provider relationship. These positive relationships often improve patient satisfaction, yielding higher engagement and utilization of primary care services.  However, recent studies suggest people are not engaging with primary care. In fact, internal Teladoc Health data has shown that 80% of members do not have a strong relationship with a
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