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Health IT | News, Analysis, Insights - HIT Consultant

Health Gorilla Launches Pharmacy Data, Powered by DrFirst

by Syed Hamza Sohail 01/25/2023 Leave a Comment

Health Gorilla Launches Pharmacy Data, Powered by DrFirst

What You Should Know: - Health Gorilla, a Health Information Network (HIN) and leading interoperability platform launches Pharmacy Data, a new product enabling seamless access to complete medication history data from most major pharmacies. - Pharmacy Data is powered by a new partnership with DrFirst and its MedHx Population Risk Management (PRM) solution to provide deduplicated medication history from local and national data sources, including prescribing data, pharmacy
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60% of Consumers Lack Immediate Access to Their Medical Records

by Syed Hamza Sohail 01/25/2023 Leave a Comment

What You Should Know: - Carta Healthcare®, a pioneer in harnessing the power of clinical data, have announced the results of a survey regarding patient healthcare data access in the United States. - The results reveal that 60% of consumers don’t have immediate access to their medical records, and another 17% don’t know if they do. Furthermore, 66% of respondents indicate they don’t know where their data goes after they leave their healthcare provider’s office. Insights regarding data
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M&A: ReviveHealth Acquires Telehealth Company SwiftMD

by Fred Pennic 01/24/2023 Leave a Comment

M&A: ReviveHealth Acquires Telehealth Company SwiftMD

What You Should Know: ReviveHealth, a whole health and integrated care company, has acquired SwiftMD, a virtual care services company with a strong physician network.  - The acquisition was facilitated by Eir Partners, a Miami based private equity firm that invests in high growth healthcare companies. Eir Partners took a majority interest in ReviveHealth as a part of the transaction. SwiftMD Background SwiftMD is a digital virtual health company with the highest utilization rate
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Dexcom Ventures Invests in MedCrypt’s Medical Device Cybersecurity Platform

by Jasmine Pennic 01/24/2023 Leave a Comment

Dexom Ventures Invests in MedCrypt’s Medical Device Cybersecurity Platform

What You Should Know: - MedCrypt, the proactive cybersecurity solution provider for medical devices and manufacturers, will announce the close of a Series B extension round led by Dexcom Ventures, bringing the company's total to date to $36.4M.  - With support from three major investors, Johnson & Johnson Innovations, Intuitive Ventures, and Dexcom Ventures, MedCrypt continues to lead the way in developing cybersecurity technologies and infrastructure for life-saving medical
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Boosting Clinical Trial Recruitment Requires Humanity – and Technology

by Dr. Chris Fourment, SVP of Clinical Strategy at Iterative Health 01/24/2023 Leave a Comment

Boosting Clinical Trial Recruitment Requires Humanity – and Technology

Clinical trials should be a time of promise for better patient outcomes, as they explore new ways to potentially help patients suffering from a variety of conditions. Instead, this phase of treatment development is often met with exasperation as patients, researchers, and drug developers deal with the many barriers to clinical trial recruitment and access.   There are two central – and intrinsically linked – problems with the current state of clinical trial recruitment in the U.S.:
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Healthcare Profit Pools to Reach $790B by 2026, Report Reveals

by Syed Hamza Sohail 01/24/2023 Leave a Comment

Healthcare Profit Pools to Reach $790B by 2026, Report Reveals

What You Should Know: - Healthcare profit pools are expected to grow 4 percent annually resulting from $654 billion in 2021 to $790 billion in 2026, according to a new McKinsey report. - The report reveals inflation is not transitory and the economic outlook has meaningfully darkened due to a healthcare worker shortage and endemic COVID-19.   What to expect in US healthcare in 2023 and beyond The US healthcare industry faces demanding conditions in 2023, including
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Praying For The Survival of the NHS Will Not Be Enough To Save It

by Ivor Campbell, CEO of Snedden Campbell 01/24/2023 Leave a Comment

What Has COVID Ever Done For Us?

It’s often said that the National Health Service is the closest thing Britain has to a unifying religion. If that is the case, then the faith of the population is being tested like never before, With budgets already stretched before the COVID pandemic, additional cost pressures since heaped on health boards across the country by double-digit inflation have brought the NHS closer to breaking point than at any time in its history. Every passing day seems to bring bleaker news for the
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9 Executive Revenue Cycle Predictions/Trends to Watch in 2023

by Fred Pennic 01/23/2023 Leave a Comment

Executive Revenue Cycle Predictions/Trends

Nate Maslak, the co-founder/CEO of Ribbon Health Price Transparency: In 2022, we saw CMS’s Transparency in Coverage rule go into effect, requiring non-hospital entities like health plans and providers to publish publicly available rates for care. In 2023, we’ll see this price transparency data become more mainstream as it finally makes its way into the hands of patients, empowering them to find the best care for them, reevaluate their care choices, and shop around for the best possible care
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How Will The Inflation Reduction Act Impact Healthcare in 2023? 6 Trends to Know

by Syed Hamza Sohail 01/23/2023 Leave a Comment

How Will The Inflation Reduction Act Impact Healthcare in 2023? 6 Trends to Know

What You Should Know: - As the world prepares for the Inflation Reduction Act’s landmark policy changes, healthcare stakeholders realize that its wide-ranging effects will require new approaches to drug pricing, health plan design, and investment. - Avalere’s ‘2023 Healthcare Industry Outlook’ examines how community-wide healthcare will be affected by a recent court ruling, and consider data’s role in addressing health disparities. Key Trends in Healthcare in 2023 The main insights
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COVID-19 Health Systems Impact: What Will Stop The Cash Hemorrhage?

by Eugene Chan, MD, co-founder and chairman of Abpro 01/23/2023 Leave a Comment

COVID-19 Health Systems Impact: What Will Stop The Cash Hemorrhage?

The material cost of COVID-19 has been at the center of public discourse since the early days of the pandemic. In 2020, growth in federal government spending on healthcare increased 36 percent, compared to the 5.9 percent bump in 2019. While the distribution of vaccines has allowed for a version of pre-pandemic life to resume, hospitals are still not recovered from the high rates of hospitalizations that occurred in March 2020, and the indirect costs of the pandemic continue to loom over the
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