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Health IT | News, Analysis, Insights - HIT Consultant

Cerner Launches Social Determinants of Health Solution to Advance Health Equity

by Fred Pennic 08/06/2021 Leave a Comment

Cerner Launches Social Determinants of Health Solution to Advance Health Equity

What You Should Know: - Cerner today announced a new solution, Cerner Determinants of Health, designed to help providers address healthcare inequities. - Cerner Determinants of Health is a dashboard and supporting set of tools, integrated into the Cerner electronic health record, to help clinicians pinpoint disparities and suggest goals and resources within the patient’s care plan to help target intervention opportunities. Leveraging SDoH to Advance Health Equity The
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Cadence Launches with $41M & LifePoint Health Partnership for Remote Patient Monitoring Platform

by Fred Pennic 08/06/2021 Leave a Comment

Cadence Launches with $41M & LifePoint Health Partnership for Remote Patient Monitoring Platform

What You Should Know: Cadence, a New York City-based health IT company empowering care outside the four walls of the hospital announced its official launch with $41 million in funding and a foundational partnership with national healthcare company, LifePoint Health. The funding was led by General Catalyst and Thrive Capital. - Cadence has built a breakthrough remote care management platform that will deliver better care to people managing chronic conditions at scale. - As part of the
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Smile CDR Raises $20M to Expand FHIR-Driven Data Liberation Platform for Interoperability

by Fred Pennic 08/06/2021 Leave a Comment

Smile CDR Raises $20M to Expand FHIR-Driven Data Liberation Platform for Interoperability

What You Should Know: - Smile CDR Inc. (Smile CDR), a Toronto-based health data storage and integration company, announced it has raised $20 million in Series A funding led by 30 North Group, a Seattle-based family office, and UPMC Enterprises. - Founded in 2016, Smile CDR offers a suite of services that allow health systems, payers and hospitals to meet U.S. health information interoperability standards rapidly and securely. Smile CDR's data and integration platform includes a complete
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Tegria, Cedar Partner to Humanize the Patient Financial Experience

by Jasmine Pennic 08/06/2021 Leave a Comment

Tegria, Cedar Partner to Humanize the Patient Financial Experience

What You Should Know: - Tegria, a Seattle-based healthcare technology, and services company, and Cedar, a New York City-based healthcare financial technology platform, announced the formation of a strategic partnership. The partnership will bring Cedar's consumer-facing financial engagement platform to Tegria customers and deliver Tegria's robust revenue cycle management expertise to Cedar's extensive client base, enabling a seamless, intuitive, and dependable financial experience for both
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Why The Future of Healthcare Coverage is State-Based Exchanges, and It’s a Promising Road Ahead

by Dan Thomas, CEO, IdeaCrew, Inc. 08/06/2021 Leave a Comment

Why The Future of Healthcare Coverage is State-Based Exchanges, and It’s a Promising Road Ahead

It is essential for Americans to have a streamlined and cost-effective path to obtain and retain healthcare coverage.  Recent events, including the COVID-19 pandemic and the devastation it brought to our healthcare and economic systems, continue to underscore the catastrophic impacts of not providing such an option – and this has been upheld by the Supreme Court in their recent decision to uphold the Affordable Care Act (ACA).  It’s an exciting time for us as Health IT
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Relatient Merges with Patient Access Platform Radix Health, Raises $100M+

by Jasmine Pennic 08/05/2021 Leave a Comment

Relatient Merges with Patient Access Platform Radix Health, Raises $100M+

- Today, Relatient, Inc., the leading SaaS-based, patient engagement platform, announced the signing of a definitive agreement to merge with Radix Health, a data-driven platform that helps medical practices and hospital groups optimize scheduling, patient access, and self-scheduling. Financial terms of the merger were not disclosed. - In addition, Relatient has raised $100+ million of additional growth equity capital from its existing investor, Brighton Park Capital, and its affiliates. -
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Cricket Health Secures $83.5M to Expand Value-Based Kidney Care Model to Health Plans

by Fred Pennic 08/05/2021 Leave a Comment

Cricket Health Secures $83.5M to Expand Value-Based Kidney Care Model to Health Plans

What You Should Know: - Cricket Health, a San Francisco, CA-based provider of value-based kidney care with a clinically-proven approach to managing chronic kidney disease (CKD) and end-stage kidney disease (ESKD), today announced it has raised $83.5 million in Series B funding round led by Valtruis with a strategic investment from Blue Shield of California. The round also includes existing investors Oak HC/FT and Cigna Ventures, as well as K2 HealthVentures. - This new funding will help
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GoodRx and Surescripts Brings Real-Time Drug Discount Pricing in EHRs

by Jasmine Pennic 08/05/2021 Leave a Comment

GoodRx and Surescripts Brings Real-Time Drug Discount Pricing in EHRs

What You Should Know: - Today, GoodRx announced an exclusive agreement with health information network Surescripts to deliver real-time drug discount price information for prescriptions in Surescript’ price transparency solution. - Surescripts is a nationwide network that connects virtually all EHRs, pharmacies and health systems, enabling providers to view patient-specific benefit and cost information and then electronically prescribe a medication. Last year, nearly 2 billion electronic
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Clarify Health Acquires Apervita’s Value Optimization Business – M&A

by Jasmine Pennic 08/04/2021 Leave a Comment

Clarify Health Acquires Apervita’s Value Optimization Business – M&A

What You Should Know: - Clarify Health, a cloud analytics company delivering real-world insights to healthcare and life sciences organizations, announced today the acquisition of the Value Optimization business of Apervita, the trusted platform for healthcare collaboration for payers, providers and other stakeholders. Financial details of the acquisition were not disclosed. - This acquisition bolsters Clarify’s integrated analytics platform for end-to-end value-based contract design,
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PE Firm WCAS Launches $300M Value-Based Care Portfolio Company, Valtruis

by Fred Pennic 08/04/2021 Leave a Comment

PE Firm WCAS Launches $300M Value-Based Care Portfolio Company, Valtruis

What You Should Know: Welsh, Carson, Anderson & Stowe (“WCAS”), a leading private equity firm focused exclusively on the healthcare and technology industries, announced that it is launching Valtruis, a unique portfolio company that will invest in and partner with value-based care driven healthcare companies. WCAS is committing an initial $300M to this platform. Founded on a commitment to accelerate meaningful change, Valtruis brings the functional expertise, access to capital and an
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