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Health IT | News, Analysis, Insights - HIT Consultant

Availity to Acquire Diameter Health to Expand Clinical Data Interoperability

by Fred Pennic 08/09/2022 Leave a Comment

Availity to Acquire Diameter Health to Expand Clinical Data Interoperability

What You Should Know: - One of the nation’s largest real-time health information networks Availity announced an agreement to acquire Diameter Health, a national leader in clinical data quality and interoperability. - This strategic deal expands Availity’s clinical portfolio to deliver the strongest integrated clinical and claims data network and interoperability platforms in healthcare.  Streamlining Clinical Data Interoperability Founded in 2013, Diameter
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Velatura Services Selected for Amazon Web Services Health Equity Initiative

by Jasmine Pennic 08/08/2022 Leave a Comment

Velatura Services Selected for Amazon Web Services Health Equity Initiative

What You Should Know: - Velatura Services (Velatura) today announced that it has been selected as part of the Amazon Web Services (AWS) Health Equity Initiative, a $40M, three-year commitment supporting organizations that are developing solutions to advance health equity.  - Participation in the initiative will enhance Velatura’s efforts to provide essential data management infrastructure, advance data exchange, improve well-being, and reduce disparities. Amazon Web
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GHX Launches Lumere Consulting Services for Clinically Integrated Supply Chain

by Jasmine Pennic 08/08/2022 Leave a Comment

GHX Launches Lumere Consulting Services for Clinically Integrated Supply Chain

What You Should Know: - GHX Lumere announced the launch of its consulting service to support healthcare providers that want to optimize savings and reduce clinical variation. - This premium service combines clinical expertise, data, evidence and technology to help hospitals and health systems improve supply chain performance.  Lumere Consulting Services Offering As hospital operating margins continue to lag, many organizations are looking to achieve savings through
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Netsmart Acquires SNF Claims Data Analytics Solution CORE Analytics

by Syed Hamza Sohail 08/08/2022 Leave a Comment

Netsmart Acquires SNF Claims Data Analytics Solution CORE Analytics

What You Should Know: - Netsmart announced that it has acquired CORE Analytics, the industry-leading skilled nursing facility (SNF) claims data analytics offering from Zimmet Healthcare. - With the addition of Core Analytics, Netsmart Simple™is now the only solution suite in the market capable of calculating quality measures and Five-Star ratings leveraging Minimum Data Set (MDS), Payroll-Based Journaling (PBJ) and UB-04 claims data. Software Solutions to Problems in
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What is the Potential for Digital Twins in Healthcare?

by David Talby, CTO at John Snow Labs 08/08/2022 Leave a Comment

NLP is Raising the Bar on Accurate Detection of Adverse Drug Events

Digital twins are virtual representations of an object or system that spans its lifecycle, is updated from real-time data, and use simulation, machine learning and reasoning to help decision-making (IBM). In most cases, this helps data scientists understand how products are operating in production environments and anticipate how they may behave overtime. But what happens when a digital twin is that of a human being?  By using digital twins to model a person, you can use technologies like
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HIMSS Delivers 9 Recommendations for Strengthening Primary Healthcare

by Fred Pennic 08/05/2022 Leave a Comment

How Will The Primary Care Model Evolve in 2015

What You Should Know: This week, The Healthcare Information and Management Systems Society (HIMSS) responded to a Request for Information (RFI) from the Office of the Assistant Secretary of Health on the HHS Initiative to Strengthen Primary Healthcare. The letter submitted on 8/1 calls for improved healthcare access, equity and outcomes to the US Department of Health and Human Services (HHS) Office of the Assistant Secretary for Health (OASH). - The OASH requested input from
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Healthcare & Life Science M&A Activity Plummets 1H’22

by Syed Hamza Sohail 08/05/2022 Leave a Comment

Healthcare & Life Science M&A Activity Plummets 1H’22

What You Should Know: - The index of Healthcare & Life Science equities tracked by Stout was down 16.8% in Q2 2022, which was in line with the S&P 500 decline of 16.4%. - Healthcare & Life Science M&A activity plummeted to 338 deals in Q2 2022 versus 535 in Q2 2021 and a record 565 deals in Q4 2021. The report reveals credit markets likely to tighten, but a healthy level of M&A is expected to continue in the growing and defensive healthcare sector. Key Trends and
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GSA Renews Contract with Xenex LightStrike Germ-Zapping Robots

by Syed Hamza Sohail 08/05/2022 Leave a Comment

What You Should Know: - Xenex Disinfection Services has announced the 5-year renewal of its U.S. General Services Administration (GSA) contract, which enables federal agencies (including Veterans Affairs and U.S. Department of Defense healthcare facilities) to easily deploy Xenex’s powerful LightStrike™ room disinfection technology. - In addition to federal agencies, the GSA contract supports the procurement needs of eligible state, local, territorial, and tribal governments (including
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Our Nursing Home Industry – A National Scandal

by David Chess, MD, Chief Health & Policy Officer & Chairman of the Board / Founder, Tapestry Health 08/04/2022 Leave a Comment

Our Nursing Home Industry - A National Scandal

A society defines itself by how it cares for its most vulnerable, and especially its seniors. As a Board-Certified Internist and Geriatrician with over 35 years of providing care in nursing facilities, this sentiment has guided me throughout my career. It has led me to found Tapestry Health, a multispecialty medical practice that focuses on providing medical infrastructure in skilled nursing facilities (SNFs), as well as Project Patient Care, a patient advocacy organization based in Chicago,
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Annexus Health Raises $33M to Optimize Patient Access and Affordability

by Syed Hamza Sohail 08/04/2022 Leave a Comment

Annexus Health Raises $33M to Optimize Patient Access and Affordability

What You Should Know: - Annexus Health, Inc. has announced its Series B financing of $33 million, which was led by leading digital health growth equity firm Transformation Capital. - The funding is set to advance Annexus Health's mission to improve access to care and combat patient financial toxicity amid ever-rising healthcare costs Re-Imagining the Healthcare Ecosystem by Increasing Access To Care Annexus Health strives for a better healthcare experience for patients, more
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