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Health IT | News, Analysis, Insights - HIT Consultant

Trinity Health Invests in Xealth to Expand Digital Health Engagement Between Clinicians and Patients – HLTH21

by Jasmine Pennic 10/19/2021 Leave a Comment

Xealth Secures $24M to Scale Digital Prescription Platform

What You Should Know:  -  Xealth, a Seattle-based provider enabling digital health at scale, today announced at HLTH21 that Trinity Health, one of the nation’s largest Catholic health care systems, has invested in the company, bringing the total Series B funding to $25 million.  - The announcements mark Trinity as one of 15 health system investors for Xealth: Advocate Aurora Enterprises, Atrium Health, Banner Health, ChristianaCare, Cone Health, Memorial Hermann, Nebraska
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HealthEdge Acquires Wellframe to Enter Member Engagement Market

by Fred Pennic 10/19/2021 Leave a Comment

Wellframe Raises $20M to Accelerate Digital Care Management Solution for Care Teams

What You Should Know:  - HealthEdge Software, Inc. (“HealthEdge”), a provider of the industry’s leading next-gen integrated solution suite for health insurers, today announced it has entered into a definitive agreement to acquire digital health management platform Wellframe Inc. (“Wellframe”). Financial details of the transaction were not disclosed.  - The company’s Digital Health Management platform enables health plans to modernize member-facing services, including care
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Rev Cycle Company Ensemble Health Partners Files to Go Public

by Fred Pennic 10/19/2021 Leave a Comment

Rev Cycle Company Ensemble Health Partners Files to Go Public

What You Should Know:  - Ensemble Health Partners, Inc. (“Ensemble”), a provider of healthcare revenue cycle management solutions for hospitals and affiliated physician groups, announced it has filed to raise $649M for its initial public offering (IPO), at a valuation of $1.2B.  - Ensemble is offering 29,500,000 shares of its Class A common stock at an initial public offering price between $19 and $22 per share. It also intends to grant the underwriters a 30-day option to
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Skyflow Secures $45M to Expand Health Data Privacy Vault – HLTH21

by Fred Pennic 10/19/2021 Leave a Comment

Skyflow Secures $45M to Expand Health Data Privacy Vaults

What You Should Know:  - Skyflow, a Palo Alto, CA-based customer data privacy company, today announced a $45M Series B financing round led by Insight Partners. Additionally, existing investors Canvas Ventures and Foundation Capital as well as executives from Plaid and Coinbase Board Member Gokul Rajaram invested in the Series B. With this new investment, Skyflow has raised over $70M over the last 18 months, and is positioned for rapid growth.  - Skyflow delivers a zero-trust data
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Ambetter, Teladoc Partner to Launch Virtual Access Health Plan in 4 States

by Jasmine Pennic 10/19/2021 Leave a Comment

Ambetter, Teladoc Partner to Launch Virtual Access Health Plan in 4 States

What You Should Know:  - Health insurance offering Ambetter announced a partnership with Teladoc Health to launch a virtual access health plan in 2022 for Michigan, Mississippi, South Carolina, and Texas residents.  - Ambetter Virtual Access is a new, innovative health plan that will support affordable and convenient access to licensed virtual primary care providers as well as access to specialists, mental health providers and a Care Team to assist with navigating the platform
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HLTH21: Uber Health, Papa Partner to Improve Social Determinants of Health

by Jasmine Pennic 10/18/2021 Leave a Comment

HLTH21: Uber Health, Papa Partner to Improve Social Determinants of Health

What You Should Know:  - Papa, a nationwide provider that pairs older adults and families with Papa Pals for companionship and assistance with everyday tasks, and Uber Health, Uber’s HIPAA-enabled solution for health care organizations, announced a social determinants of health (SDoH) partnership aimed at reducing barriers to transportation access. - Papa and Uber are working together to mitigate social isolation and negative health outcomes among Medicare and Medicaid recipients as
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HLTH21: Grand Rounds Health, Doctor On Demand Rebrand as Included Health

by Jasmine Pennic 10/18/2021 Leave a Comment

HLTH21: Grand Rounds Health, Doctor On Demand Rebrand as Included Health

What You Should Know:  - Grand Rounds Health and Doctor On Demand today announced their combined integrated virtual care and navigation company will be called Included Health.  - The new brand was announced alongside results of a new national survey showing that nearly half of Americans (45%) are prioritizing their health more since the start of the COVID-19 pandemic, but 43% believe that the very system they rely on feels exclusive. - The company partners with employers and
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HLTH21: Olive Launches Universal Marketplace for Digital Healthcare Solutions

by Fred Pennic 10/18/2021 Leave a Comment

Olive Secures $400M At A $4B Valuation to Support New Instant Claim Payment Solution

What You Should Know:  - Today at HLTH, $4B healthcare automation company Olive announced the launch of The Library, a healthcare solution marketplace that will reduce the burden for early-stage developers as they bring innovative new technology solutions to patients. - This new marketplace enables Olive’s partners — ranging from individual developers to large enterprise brands — to open a distribution channel and market to Olive’s customer base, which currently includes more than 950
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Can Predictive AI Fully Inform Patient Care Decisions?

by Laura Coughlin, RN, BSN, MBA VP, Clinical Innovation and Development, Change Healthcare 10/15/2021 Leave a Comment

Can Predictive AI Fully Inform Patient Care Decisions?

In recent years, the healthcare industry has fully embraced the potential for artificial intelligence (AI) to transform healthcare practice and delivery. From the advent of big data to the arrival of EHRs, the industry is familiar with the hype that accompanies technology advancements. While these innovations have certainly been useful in many regards, healthcare remains deeply fragmented, inefficient, and prone to waste.  Many experts believe that AI will deliver on the long-promised
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15 HLTH 2021 Predictions from Digital Health Executives to Watch

by Fred Pennic 10/14/2021 Leave a Comment

HLTH 2021 Predictions

Before HLTH 2021 kicks off in Boston on October 17th, here are 15 predictions from digital health executives to watch: "The explosion of telehealth will certainly be a hot topic at HLTH. I expect the other trend will be focusing on mental health, especially in the context of the post-Covid era. And of course, we will continue the conversation on interoperability, data, and AI." “We’re looking forward to hearing about the acceleration of technology-driven performance and accountability
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