What You Should Know:
- Healthcare payments company Zelis today announced an agreement to acquire Payer Compass, a healthcare provider of reimbursement and claims pricing, administration, and processing solutions. Financial terms of the transaction were not disclosed.
- Through the acquisition, Zelis will integrate Payer Compass into its existing solution suite to further help clients and their members manage rising healthcare costs and establish more transparent and affordable
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Health IT | News, Analysis, Insights - HIT Consultant
Hospital Margins are Still in the Red Halfway Through 2022
What You Should Know:
- U.S. hospitals, health systems, and physician practices continue to face historically high operating expenses that increased patient volumes and revenues could not counteract, leading to negative margins for the sixth straight month in 2022, according to data from Kaufman Hall’s National Hospital Flash Report and Physician Flash Report.
- The median Kaufman Hall year-to-date operating margin index for hospitals was -0.09% through June, for a sixth
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Inflation is Here. Why Deflationary Healthcare is Our Best Bet
Almost every sector of the economy is experiencing inflation the likes of which we haven’t seen in 40 years. One area that hasn’t experienced it (yet) is health care, but it is coming. Fortunately, the very pandemic that has fueled inflation in almost every other sector of the economy has also been the catalyst for digital health trends that could give us the tools we need to curb health care inflation.
Making this a reality, however, will require smart
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Analysis: 2022 Semi-Annual Health IT Market Review
Executive Summary
Act III of COVID: Navigating the Crosscurrents of Post-Inflation
2022 ushered in Act III of the market’s latest transitionary period: The Post-Inflation Era. Since 2008, the US economy functioned with remarkably low inflation and interest rates. As the cost of capital went lower and lower during the decade, valuations steadily rose. Between 2010 and 2020, the NASDAQ experienced a 17.1% annual growth rate, with no small share of the growth a result of expanding valuation
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AmerisourceBergen Launches EHR-Integrated Digital Therapeutics Platform
What You Should Know:
This week, AmerisourceBergen announced plans to launch DTx Connect, a fully integrated ordering, dispensing and fulfillment platform that aims to facilitate patient access to physician-ordered digital therapeutics and diagnostics.
- Several developers plan to pilot DTx Connect, which aims to reduce barriers that physicians and patients face across the ordering and fulfillment of digital therapeutics and diagnostics.
Digital Therapeutics Market
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Health Data Privacy: Majority of Patients Demand Accountability, Transparency
What You Should Know:
- A new examination of patient perspectives on health data privacy illustrates unresolved tension over the eroding security and confidentiality of personal health information in a wired society and economy.
- More than 92% of patients believe privacy is a right and their health data should not be available for purchase, according to a survey released by the American Medical Association (AMA).
Privacy and Health Information Accessibility
The survey of 1,000
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GDIT Awarded $10B Medical Research & Development Contract by the Defense Health Agency
What You Should Know:
- General Dynamics Information Technology (GDIT), a business unit of General Dynamics has been awarded the Omnibus IV Medical Research and Development contract by the Defense Health Agency (DHA). The multiple-award, indefinite-delivery/indefinite-quantity contract (IDIQ) has a total ceiling of $10B with a five-year base period and one five-year option.
- The DHA enables the U.S. Army, Navy, and Air Force medical services to provide a medically ready force to
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ClaimLogiq Acquires SyTrue for Better Clinical, Coding, & Medical Reviews
What You Should Know:
- Payment integrity tech provider ClaimLogiq acquires SyTrue, a provider of healthcare natural language processing (NLP) technology. Financial details of the acquisition were not disclosed.
- The acquisition combines the premier payment integrity platform with the leading NLP technology solution to transform how health plans address payment integrity, risk adjustment and data management. By combining their technologies, the market will have a new seamless and cohesive
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Mayo Clinic, Mercy Sign 10-Year Collaboration to Transform Patient Care
What You Should Know:
- Mayo Clinic and Mercy announced a 10-year collaboration agreement— a first-of-its-kind alliance between two large healthcare systems that will use the most current data science and years of deidentified patient outcomes to find diseases earlier and start patients on paths to better health more quickly.
- With the combination of privacy-protected, cloud-based technology architecture, and the growth of artificial intelligence and machine learning, this aggregated
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Primary Care EHR Elation Health Raises $50M to Support Independent Primary Care Practices
What You Should Know:
- Elation Health, the clinical-first technology company powering innovation in primary care, announced a Series D financing round of $50M. The Series D round was co-led by Generation Investment Management and Ascension Ventures with participation from Threshold Ventures, Ascend Partners, and individual investors including Fay Rotenberg and Jonathan Bush. This new round brings Elation Health to $108.5M in total venture funding to date.
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