Exacerbated by pandemic-induced burnout, resignations, and even terminations1, chronic coding and revenue cycle management (RCM) staffing shortages have healthcare organizations struggling to find ways to keep revenue flowing despite a lack of qualified professionals to handle critical processes. It is a situation that has been brewing for years, as too few qualified professionals are entering professions that are expanding more rapidly than ever before.
According to the American Hospital
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Health IT | News, Analysis, Insights - HIT Consultant
Lyniate Acquires CareCom to Expand Semantic Interop Capabilities
What You Should Know:
- Lyniate, a global leader in healthcare data interoperability acquires CareCom, a provider of semantic interoperability. This acquisition builds on Lyniate’s recent merger with NextGate, a longtime leader in patient identity management.
- The combined organization will better support healthcare organizations in converting unstructured content into standardized data to help them assemble and manage more complete and accurate patient
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CareFirst BCBS Taps Headway to Expand Access to Mental Healthcare
What You Should Know:
- Today, CareFirst BlueCross BlueShield (CareFirst), the largest not-for-profit health plan in the mid-Atlantic region, and Headway, a tech-enabled company that expands access to in-network mental health care by removing barriers that providers, payers, and the people they serve face, announced a collaboration to scale CareFirst’s mental health care program.
- CareFirst launched a search in fall 2021 for a company to help them better support and engage their
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Digital Pharmacies 2022: Disruptors or Just Another Delivery Channel?
New Insider Intelligence report highlights the current state of digital pharmacies in 2022 along with the challenges and digital opportunities for online pharmacies to appeal to consumers.
With cost and convenience at the forefront of consumer spending decisions and US prescription drug spending continuing to rise through 2026 to an estimated $730.50 billion, winners will offer consumers more robust online resources including pricing transparency, discounts, generic options and more
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Brave Health & MedArrive Partner to Power Virtual Mental Health
- Brave Health, a virtual-first behavioral health provider focused on serving Medicaid and Medicare populations, today announced an innovative referral partnership with MedArrive.
- Through this collaboration, if MedArrive identifies an eligible health plan member in need of mental health support, MedArrive’s field providers can immediately refer that member to Brave Health’s behavioral health providers in real time and schedule care within 72 hours. Conversely, if Brave Health identifies an
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3 Barriers to Advance Care Planning for Sexual and Gender Minority People
What You Should Know:
- In a national survey and in interviews, sexual and gender minority people reported experiencing discrimination in healthcare and concerns about support for their end-of-life decisions
- Advance care planning (ACP) can help support patients in making decisions and promoting better care at the end of life. But sexual and gender minority (SGM) patients are likely being left out of conversations around ACP, a new study suggests.
Eliminating Fear and
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Zelis Acquires Healthcare Cost Control Provider Payer Compass
What You Should Know:
- Healthcare payments company Zelis today announced an agreement to acquire Payer Compass, a healthcare provider of reimbursement and claims pricing, administration, and processing solutions. Financial terms of the transaction were not disclosed.
- Through the acquisition, Zelis will integrate Payer Compass into its existing solution suite to further help clients and their members manage rising healthcare costs and establish more transparent and affordable
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Hospital Margins are Still in the Red Halfway Through 2022
What You Should Know:
- U.S. hospitals, health systems, and physician practices continue to face historically high operating expenses that increased patient volumes and revenues could not counteract, leading to negative margins for the sixth straight month in 2022, according to data from Kaufman Hall’s National Hospital Flash Report and Physician Flash Report.
- The median Kaufman Hall year-to-date operating margin index for hospitals was -0.09% through June, for a sixth
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Inflation is Here. Why Deflationary Healthcare is Our Best Bet
Almost every sector of the economy is experiencing inflation the likes of which we haven’t seen in 40 years. One area that hasn’t experienced it (yet) is health care, but it is coming. Fortunately, the very pandemic that has fueled inflation in almost every other sector of the economy has also been the catalyst for digital health trends that could give us the tools we need to curb health care inflation.
Making this a reality, however, will require smart
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Analysis: 2022 Semi-Annual Health IT Market Review
Executive Summary
Act III of COVID: Navigating the Crosscurrents of Post-Inflation
2022 ushered in Act III of the market’s latest transitionary period: The Post-Inflation Era. Since 2008, the US economy functioned with remarkably low inflation and interest rates. As the cost of capital went lower and lower during the decade, valuations steadily rose. Between 2010 and 2020, the NASDAQ experienced a 17.1% annual growth rate, with no small share of the growth a result of expanding valuation
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