Verato, a McLean, VA-based provider of cloud-based patient matching and master patient index (MPI) technology, today announced that it has raised $10 million in Series C financing led by existing investors Bessemer Venture Partners and Columbia Capital with participation from Blue Heron Capital and California Health Care Foundation. The company plans to use the latest round of funding to accelerate the adoption of Verato’s revolutionary new technology by all segments within healthcare –
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Health IT | News, Analysis, Insights - HIT Consultant
Cerner, CoverMyMeds Integrate to Improve Prescription Price Transparency at Point of Care
Cerner, today announced a new collaboration with CoverMyMeds to integrate patient-specific information into the EHR for providers to review prescription pricing information with their patients at the point of care. Prescription price transparency can help simplify conversations between individuals and their providers to create personalized care plans that meet a person’s medical and financial needs.Integration BenefitsWhen implemented, providers will be able to view prescription benefit
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What’s Next for Healthcare Communications in 2019?
Healthcare workers are the embodiment of mobile. Tending to patients across hospitals, clinics, and shifts, they are always on the move. Coupled with the sheer size and diversity of the healthcare system, keeping employees informed is a constant challenge.When communications break down or employees are not engaged, the consequences can be disastrous — from administrative and operational missteps to poor decisions treating patients and lack of quality care. In fact, according to a study from HR
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CentralReach Acquires Managed Billing Provider Bronco Billing
CentralReach, a provider of practice management software for ABA clinicians and educators, has recently acquired Bronco Billing, giving customers access to a team of billing experts to expedite the billing process and maximize revenue. The acquisition is an expansion of the existing partnership between Bronco Billing and CentralReach allowing customers to improve their billing process through auto-generated claims, receivables collections, payments, and denial re-submissions, so they can spend
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How the Walgreens-VA Partnership Demonstrates the Benefits of EHRs
According to the Centers for Disease Control (CDC), each year in the United States, adverse drug interactions cause more than a million visits to hospital emergency rooms. The CDC also found that 40 percent of negative interactions were preventable. One way to minimize these events is to give pharmacists electronic access to summaries of people’s medical histories so they can better predict how a new medication will affect each person’s health. Walgreens is taking a bold step in this direction
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Technology + Cash Pay Health Solutions = Meeting Hispanic Healthcare Needs
Hispanics represent the nation’s largest and fastest growing minority group and are poised to make up nearly 29 percent of the U.S. population by 2050. Nevertheless, more than one-fourth of Hispanic adults in the United States lack a primary healthcare provider, and a similar proportion report obtaining no healthcare information from medical personnel in the past year. The microcosm of Hispanics accessing healthcare in the United States serves as an example of how the system fails the
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DrChrono Raises $10M to Expand EHR Platform to Large-Scale Practices
DrChrono Inc., the company enabling the medical practice of the future announced it has raised $10 million in funding from SQN Ventures to globally expand its business. Founded in 2009, DrChrono’s platform comprehensive platform includes EHR, practice management, medical billing, revenue cycle management, and patient portal. DrChrono also built the one of the first iPad EHRs and the health platform was built for iPad, iPhone, Apple Watch and the web. DrChrono OverviewSince its inception,
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3M to Acquire M*Modal’s Technology Business for $1B
3M announced a definitive agreement to acquire the technology business of M*Modal, for a total enterprise value of $1 billion dollars. M*Modal is a healthcare technology provider of cloud-based, conversational Artificial Intelligence (AI)-powered systems that help physicians efficiently capture and improve the patient narrative so they can spend more time with their patients and provide a higher quality of care.M*Modal Acquisition DetailsAs part of the acquisition, 3M will maintain a strategic
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Livongo Appoints Former Cerner President Zane Burke as New CEO
Livongo Health, a Mountain View-based Applied Health Signals company that empowers people with chronic conditions to live better and healthier lives, announced that it has appointed former Cerner president Zane Burke as the new Chief Executive Officer. Company Founder and current CEO, Glen Tullman, will remain in his role as Executive Chairman (he previously served as both Executive Chairman and CEO).Zane Burke BackgroundPrior to joining Livongo, Burke spent five years as president of health IT
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Can A Peace Treaty Between Doctors & EHRs Tackle Physician Burnout?
It may be difficult to recall now, what with the ongoing Cerner deployment and recent challenges that had little to do with technology, but there was a time when the Department of Veterans Affairs was considered the gold standard for healthcare IT.VA was out front with the initial development in the 1970s of the VistA system, which would come to be widely recognized and frequently honored. Indeed, when VA was overhauled in the 1990s, VistA was the primary tool that enabled the success of new
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