What You Should Know:
- 78 percent of health systems are currently using or are in the process of implementing automation in their revenue cycle operations, according to recent survey results from AKASA, a South San Francisco-based revenue cycle management automation company. The key findings signal automation in healthcare is no longer an emerging trend but is mission-critical for driving efficiency and cost-effectiveness in revenue cycle operations.
- According to the
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Health IT | News, Analysis, Insights - HIT Consultant
Drug Diversion is Complicated: 5 Data-Related Challenges to Overcome
COVID-19 thoroughly dominated American life last year, contributing heavily to the kind of despair that drives drug overdose deaths, which soared last year as well.
This worrisome trend has intensified long-running concerns about how drugs like opioids find their way to abusers’ hands in the first place. One point of vulnerability stems from our healthcare systems, including employee diversion, a problem so big and complex only sophisticated computing can address it.
Over 81,000 drug
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Geisinger Unveils AI-Backed, Customizable Approach to Medical Billing
What You Should Know:
- Today, Geisinger announced a new AI-backed, customizable approach to medical billing where patients have the power to select zero-interest payment plans that that can be paid over a timeline of their choosing.
- The new offering in partnership with fintech startup, PayZen marks Geisinger as the first large health system in the country to deploy an AI-backed financing solution to create customized billing solutions that will help patients more easily afford
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Dynamic Care Demands Flexible Solutions: Filling Gaps in Acute Care
Healthcare professionals know that patient care never stands still from admission through discharge, but particularly when it comes to acute care settings. Critically ill patients are one of the most complex populations to care for, with their condition often deteriorating quickly and unpredictably. Coordinating care to safely monitor these patients across numerous care settings and facilities is a daunting task and the solutions that care teams rely on often can’t keep up. Gaps, delays, and
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Cerner Appoints Dr. David Feinberg as New President & CEO
What You Should Know:
Today, Cerner announced that its Board of Directors has appointed Dr. David Feinberg as its new President and Chief Executive Officer, effective Oct. 1. Dr. Feinberg succeeds Brent Shafer, who previously announced his decision to transition from chairman and CEO.
- Dr. Feinberg will serve as a member of the Board of Directors. Cerner’s current President, Donald Trigg, will leave Cerner. Cerner’s Board of Directors also announced that it will separate the roles of
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Nordic Capital and Insights Partners Acquires Inovalon for $7.3B
What You Should Know:
- Inovalon, a provider of cloud-based platforms empowering data-driven healthcare, today announced that it has entered into a definitive agreement to be acquired by an equity consortium led by Nordic Capital, and joined by Insight Partners, as lead co-investor, 22C Capital for $7.3 billion in cash.
- Under the terms of the agreement, Inovalon stockholders will receive $41.00 per share in cash for each share of Class A Common Stock or Class B Common Stock, representing
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M&A: AmerisourceBergen Acquires Fintech Solution FirstView Financial
What You Should Know:
- Today, global healthcare company AmerisourceBergen announced it has acquired FirstView Financial (FirstView), a fintech solutions provider that delivers innovative digital payment processing services to support patient affordability and access programs, pharmacy and provider networks, and payors and plan administrators.
- The addition of FirstView to AmerisourceBergen’s existing suite of manufacturer services positions the company to meet the increased demand
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Semafone Integrates with Epic to Secure Healthcare Payments
What You Should Know:
- Today Semafone, a provider of data security solutions for call and contact centers, has announced an integration with EHR provider Epic to protect payment data and enhance the patient experience.
- Semafone’s Cardprotect Voice+ solution empowers customer-facing personnel in the healthcare industry to take secure, compliant payments over the telephone.
Cardprotect Voice+ Solution Overview
Utilizing patented dual-tone multi-frequency (DTMF) masking
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Sentara Healthcare Taps Sensyne to Deploy Clinical Algorithms for CKD & CHF
What You Should Know:
- Sentara Healthcare, a health system in NC and VA, just partnered with Sensyne Health to drive clinical research with ethical AI.
- As part of a collaboration agreement, Sentara also becomes the first of several U.S. health systems that will partner with Sensyne to implement new clinical algorithms to support patients with CKD and CHF. The agreement will enable the ethical application of clinical AI research by Sensyne through analyzing Sentara’s patient dataset to
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How the Pandemic Underscores the Importance of Health IT in Employee & Occupational Health
“I have received more recognition, interest and support in the last year than in the previous two plus decades of my occupational health career.”
These were the words spoken to us recently by the medical director of a Fortune 500 corporation reflecting on the dramatically increased attention he was receiving from the C-suite of his organization following the COVID-19 outbreak. Despite the global turmoil that the COVID-19 pandemic has left in its wake, a revitalized focus on taking the best
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