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Health IT | News, Analysis, Insights - HIT Consultant

MedStar Health Awarded $2M Telehealth Research Grant

by Jasmine Pennic 09/27/2022 Leave a Comment

MedStar Health Awarded $2M Telehealth Research Grant

What You Should Know: - MedStar Health has received a nearly $2 million telehealth research grant from the Agency for Healthcare Research and Quality (AHRQ) to expand its research collaboration with Stanford Medicine and Intermountain Healthcare focused on telehealth access, safety, and equity. - The grant will allow researchers to establish a patient safety learning laboratory over a four-year funding period to apply a cross-disciplinary, human factors and systems
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How Health Systems Can Set A Robust Governance Strategy Over Clinical Taxonomy

by Rachelle Montano, VP of Clinical Strategy at Loyal 09/27/2022 Leave a Comment

How Health Systems Can Set A Robust Governance Strategy Over Clinical Taxonomy

Having a structured clinical taxonomy system in place is key to ensuring healthcare consumers are successfully finding care in the way they’re actually seeking it. The patient experience is enhanced when patients are able to find the right doctor and the right location for their individual health needs.  By their nature, taxonomies and their associations are dynamic, and so is the way people conduct digital searches. This article will explore a few ways
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AGS Health Launches AI-Powered Revenue Cycle Platform

by Fred Pennic 09/26/2022 Leave a Comment

AGS Health Launches AI-Powered Revenue Cycle Platform

What You Should Know: - AGS Health, a revenue cycle management (RCM) solutions provider and strategic growth partner to some of the largest healthcare systems in the U.S., announces the launch of the AGS AI Platform, a connected solution that blends artificial intelligence (AI) and automation with award-winning human-in-the-loop services and expert support to maximize revenue cycle performance. - The platform allows healthcare organizations to gain enhanced visibility into day-to-day
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Memorial Sloan Kettering Cancer Center Launches Telemedicine Platform

by Fred Pennic 09/26/2022 Leave a Comment

Memorial Sloan Kettering Cancer Center Launches Telemedicine Platform

What You Should Know: - Today, Memorial Sloan Kettering Cancer Center (MSK) announced it has collaborated with Accenture and Microsoft over the last 12 months to help develop and refine MSK Telemedicine. MSK Telemedicine was created to provide patients access to care during the COVID-19 pandemic and into the future, allows MSK patients and families to virtually interact with their entire care team, seamlessly replicating an in-clinic visit. - With the combined resources of Accenture,
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Kaufman Hall Acquires Claro Healthcare

by Fred Pennic 09/23/2022 Leave a Comment

Kaufman Hall Acquires Claro Healthcare

What You Should Know: - Kaufman, Hall & Associates, LLC (Kaufman Hall) has entered into a definitive agreement to acquire healthcare management consulting firm Claro Healthcare. - Claro Healthcare is the leading clinical documentation, hospital operations, and mid-revenue cycle improvement platform, blending technology, professional services, and domain expertise to deliver significant return on investment to providers across financial, quality, and compliance metrics. -
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American Diabetes Association Launches Amputation Prevention Alliance

by Jasmine Pennic 09/23/2022 Leave a Comment

American Diabetes Association Launches Amputation Prevention Alliance

What You Should Know: - The American Diabetes Association® announced a new initiative designed to address the urgent public health challenge of preventable amputation called the Amputation Prevention Alliance. Over 135,000 amputations occur every year in the United States, with the majority of those procedures being preventable, but due to challenges in accessing quality care, patients are forced into unnecessary amputations and even death.  - The Amputation
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Caris Life Sciences Integrates with Flatiron Health for Molecular Testing

by Jasmine Pennic 09/23/2022 Leave a Comment

Epic Integrates Caris Molecular Testing Portfolio with Epic’s ORA Network

What You Should Know: - Caris Life Sciences, the leading molecular science and technology company, announced their partnership with Flatiron Health to fully integrate Caris’ molecular testing portfolio with Flatiron’s OncoEMR®, a cloud-based electronic medical record (EMR) tool. - This partnership streamlines clinical workflows for physicians, delivering critical results directly at the point of care to help them make better treatment decisions for their patients.    Molecular
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Cost Transparency Ecosystem in Healthcare

by Paul Ketchel, CEO of MDsave 09/23/2022 Leave a Comment

Transparency Ecosystem in Healthcare

Cost transparency is a driving force in the American market. Whether consumers are looking to purchase a latte, a plane ticket, or surgery, they increasingly expect to pay an “out-the-door” price– something that includes all labor and materials as well as the finished product or service. When polled, 66% of Americans indicated that they would shop for care if prices were publicly disclosed. And in pursuit of competitively and transparently priced services, some patients attempt to shop locally;
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Bicycle Health Nabs $5M to Scale Its Virtual Opioid Use  Disorder Treatment

by Fred Pennic 09/22/2022 Leave a Comment

Bicycle Health Secures $50M for Virtual Opioid Use Disorder Treatment

What You Should Know: - Bicycle Health, a Boston, MA-based provider of virtual opioid addiction treatment secures $5M from Cobalt Ventures to further accelerate the expansion of its telehealth opioid use disorder (OUD) treatment. - The additional capital extends Bicycle Health’s Series B venture capital financing, bringing the company’s total funding to date to $83M. Evidence-based, online suboxone treatment for opioid addiction Founded in 2017, Bicycle
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XpertDox Secures $1.5M to Automate Medical Coding Process

by Fred Pennic 09/22/2022 Leave a Comment

XpertDox Secures $1.5M to Automate Medical Coding Process

What You Should Know: - Today, XpertDox, LLC., a Birmingham, AL-based revenue cycle company specializing in autonomous medical coding powered by artificial intelligence raises $1.5M from  TN3, LLC, an Arizona based Private Equity Capital firm. - XpertDox's XpertCoding solution harnesses the power of artificial intelligence in order to autonomously code medical claims faster, more accurately, and cheaper than traditional manual processes. XpertDox is utilizing the funding to
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