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Health IT | News, Analysis, Insights - HIT Consultant

WellSky Acquires Healthify to Enhance Social Determinants of Health

by Fred Pennic 07/30/2021 Leave a Comment

WellSky Acquires Healthify to Enhance Social Determinants of Health – M&A

What You Should Know: - Seamless coordination between providers, community-based organizations, and payers is the key to delivering value-based care at scale. To better connect providers, identify social determinants of health, search for social services, and coordinate care with community partners, WellSky has acquired Healthify. Financial details of the acquisition were not disclosed. - Together, WellSky and Healthify will connect
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Cloud Technology and Healthcare Evolution: Microsoft in the Spotlight

by Gerry Miller, CEO & Founder, Cloudticity 07/30/2021 Leave a Comment

Cloud Technology and Healthcare Evolution: Microsoft in the Spotlight

In April, software giant Microsoft made a lot of headlines announcing its multibillion-dollar acquisition of Nuance, the cloud-based clinical intelligence developer best known to healthcare providers for its Dragon and PowerScribe speech-recognition products. Business analysts and reporters zeroed in on impressive financial details and utilization potential for “ambient AI” technologies in health settings. But more than anything, the deal shows how serious Microsoft is about its healthcare IT
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Health Tech VC Firm Nina Capital Launches $47.4M Second Fund, Closes 5 Investments

by Fred Pennic 07/29/2021 Leave a Comment

Health Tech VC Firm Nina Capital Launches $47.4M Second Fund, Closes 5 Investments

What You Should Know: - Nina Capital, a health tech venture capital (VC) firm, announced its last five investments of its first fund and the launch of its second fund, Nina Capital Fund II FCRE, with an investment goal of EUR 40 ($47.4M). - Nina Capital was founded in 2019 with its inaugural fund, Nina Capital Fund I FCRE, which reached its maximum size of EUR 18 million (USD 21.3 million). In less than two years, Nina Capital has created an international portfolio of 23 companies in the
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3 Ways IoT is Empowering Modern Healthcare Industry Today

by Ajay Rane, VP of Global Ecosystem Development at Sigfox 07/29/2021 Leave a Comment

How the IoT Can Be Used to Monitor the Elderly

Today’s healthcare systems are nothing like their predecessors of even a decade ago, and their growth is due, in large part, to the rapid evolution of technology. In recent years, e-health—the digital services that make it possible to improve the well-being of individuals, whether to prevent, diagnose or treat illnesses—has grown exponentially, with estimates that it will reach $234.5 billion by 2023.  In order for e-health devices to demonstrate their full value, healthcare networks
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HealthLinc Deploys Greenway Telehealth to Expand Virtual Care Offerings

by Fred Pennic 07/29/2021 Leave a Comment

HealthLinc Deploys Greenway Telehealth to Expand Virtual Care Offerings

What You Should Know: - Greenway Health, a leading health information technology services provider, announced an expanded partnership with HealthLinc, a nonprofit organization dedicated to improving health care for the residents of northern Indiana. - A Greenway client for more than 10 years, the center will be leveraging Greenway Telehealth, the first tool in the company’s virtual care portfolio, to remove care delivery barriers, enabling greater provider productivity and improved patient
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Andor Health Joins athenahealth’s Marketplace Program to Orchestrate Virtual Health Experiences

by Jasmine Pennic 07/29/2021 Leave a Comment

Andor Health Joins athenahealth's Marketplace Program to Orchestrate Virtual Health Experiences

What You Should Know: -  Andor Health, the company that harnesses machine and human intelligence to configure and orchestrate the way care teams connect and collaborate, today announced a partnership with athenahealth, Inc. through the company's Marketplace program. - As part of the athenahealth® Marketplace, ThinkAndor® is now available to athenahealth's growing network of healthcare providers to configure discrete workflows to enable a wide range of virtual health
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Nym Health Raises $25M to Expand Automated Medical Coding Platform

by Fred Pennic 07/27/2021 Leave a Comment

Revenue Cycle Startup Nym Lands $6M for Autonomous Coding Technology

- Today, Nym Health, a leader in explainable AI and automated medical coding, announced an additional $25M in funding, led by Addition brings the company’s total funding to $47.5M. Addition joins existing investors GV, Dynamic Loop Capital, Tiger Global, Bessemer Venture Partners, and Lightspeed, as well as angel investors Zach Weinberg and Nat Turner. - The new investment will be used to scale product development and accelerate the rapid adoption of Nym's automated medical coding
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Infor Launches FHIR Server to Support Interoperability

by Jasmine Pennic 07/27/2021 Leave a Comment

Infor Launches FHIR Server to Support Interoperability

What You Should Know: - Infor, the industry cloud company, announced its FHIR Server, the company’s vision for helping healthcare organizations better leverage and analyze their data. Built on the latest web technologies, Infor FHIR Server is one of the most advanced, modern, and scalable FHIR servers commercially available. - With the new solution, organizations can extend their EHR and clinical systems’ FHIR and API capabilities beyond their current limited support, streamline care
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Leveraging Digital Health to Assist Developing Countries’ Health Systems

by Ran Poliakine, CEO and Co-Founder of Nanox 07/27/2021 Leave a Comment

Leveraging Digital Health to Assist Developing Countries’ Health Systems

Vaccine rollouts are picking up steam and many parts of the world are gradually beginning to relax restrictions and reopen their economies. While this welcome news is cause for celebration, it is crucial for decision-makers in developed countries to understand the reality: for the most part, it is only developed countries that are really moving through this. Less fortunate parts of the world—notably Brazil and India—have practically served these past few months as petri dishes for mutations that
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Positioning Your Health System for Digital Transformation

by Chris Ingersoll, Principal Architect at Innovaccer 07/26/2021 Leave a Comment

Moving Beyond EHRs: What Lies Ahead for Healthcare Digitization?

In my last article, I discussed how an incomplete picture of patient health can lower the quality and raise the cost of care. Healthcare has been fully digitized but the complete picture is stored in multiple data silos across hospitals, practices, health plans, consumer devices, and more. A data platform can unify these sources of information and provide a holistic view of the network and its patients’ health.  This aggregated and normalized patient health record is activated into analytics
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