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Health IT | News, Analysis, Insights - HIT Consultant

Lyniate Acquires Datica Integration Business to Deliver Interoperability

by Jasmine Pennic 04/27/2021 Leave a Comment

Lyniate Acquires Datica Integration Business to Deliver Interoperability

What You Should Know:- Lyniate announced the acquisition of Datica Integrate and the subsequent launch of Lyniate Envoy, the company’s new cloud-based data integration solution. - Powered by the Datica Integration team, Lyniate Envoy provides healthcare organizations with the support necessary to rapidly integrate their healthcare IT solutions with EHRs, labs, public health departments, and more.  - Together, Lyniate Corepoint, Lyniate Rhapsody, and Lyniate Envoy
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Narrow Margins, Low Patient Volumes Fuel Ongoing Financial Instability for Hospitals

by Fred Pennic 04/27/2021 Leave a Comment

Narrow Margins, Low Patient Volumes Fuel Ongoing Financial Instability for Hospitals

What You Should Know: - Narrow margins, low patient volumes, and high costs fuel ongoing financial instability for U.S. hospitals, health systems, and physician groups, according to two new reports from Kaufman Hall. - U.S. hospitals and health systems saw mixed performance in March, as national COVID-19 metrics plateaued early in the month before climbing steadily again with increased spread of COVID-19 variants, as shown in the latest issue of the National Hospital
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Innovaccer Launches Enterprise Data Platform for Payers on the Innovaccer Health Cloud

by Jasmine Pennic 04/27/2021 Leave a Comment

Innovaccer Launches Enterprise Data Platform for Payers on the Innovaccer Health Cloud

What You Should Know: - Innovaccer, Inc., a San Francisco, CA-based healthcare technology company, has launched its Enterprise Data Platform for payers on the Innovaccer Health Cloud. - The solution will enable healthcare payers to accelerate digital transformation, facilitate interoperability, foster collaboration across stakeholders in the healthcare ecosystem, and comply with regulatory requirements. - Fragmented data and siloed applications have caused inefficiencies for U.S.
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Glytec Raises $21M to Fix Hospital Insulin Management

by Fred Pennic 04/26/2021 Leave a Comment

Glytec Raises $21M to Fix Hospital Insulin Management

What You Should Know: - Glytec announced $21M in funding today from Silicon Valley Bank, Savitr Capital and others to help address the challenge that 90% of hospitals in the U.S. face with insulin management. - Glytec’s insulin management solution, eGMS helps providers track blood glucose data, detect and alert patients in glycemic disarray, provide personalized insulin dosing regimens, and get patients into target blood glucose range
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4 Ways Health Systems Need To Reinvent Themselves to Compete

by Juan Pablo Segura, President & Co-founder of Babyscripts 04/26/2021 Leave a Comment

Digital Health - Is It Worth It? How to Calculate ROI in Digital Health

For about a decade, digital health has been slowly winning the battle against healthcare’s slow pace of change. Digital found an unexpected ally in Covid, as the pandemic forced health systems to adopt virtual solutions wholesale.  As we start to come out on the other side, though, some health systems are contemplating returning to the status quo, especially as they’re feeling acute financial strain. The majority, however, understand that the pandemic constitutes a sea change in the
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Brave Care Lands $10M to Expand Pediatric Primary and Urgent Care Clinics Nationwide

by Fred Pennic 04/23/2021 Leave a Comment

Brave Care Pediatric Primary and Urgent Care Expands Nationally and Raises $10M Series A

What You Should Know: - Brave Care, a Portland, OR-based company providing primary, urgent and remote pediatric to improving healthcare for kids, announced it has raised $10M in Series A funding led by City Light Capital, with participation from AV8, Interplay, Founders Co-op, Refactor, Learn Capital and other value-aligned investors like Gaingels. - Brave Care currently operates two primary and urgent care clinics in Portland, OR and will use the funding to expand its
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Medchart Raises $17M to Simply The Request of Medical Records for Patients, Businesses

by Fred Pennic 04/22/2021 Leave a Comment

Medchart Raises $17M to Expand Medical Record Access for Businesses Transforming medical record access for businesses

What You Should Know: - Medchart, a Dallas-based cloud-based platform powering patient-authorized information for businesses, researchers, and consumer services announced it has raised $17M in seed and Series A funding led by Crosslink Capital and Golden Ventures, with additional funds from Vast Ventures, Union Ventures, iGan Partners, Stanford Law School, and hip hop icon Nas, an original backer. - The company will apply the current investment to accelerate product innovation and hire new
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InterWell Health Raises $46M to Drive Innovation in Value-Based Renal Care

by Fred Pennic 04/22/2021 Leave a Comment

InterWell Health Raises $46M to Drive Innovation in Value-Based Renal Care

What You Should Know: - Interwell Health, the leading physician organization driving innovation in the renal industry, announced the closing of a Series B round of equity funding of over $46 million, expanding Interwell’s investor group of premier, visionary nephrology practices across the country. - Through its network of more than 1,400 nephrologist network participants, and its partnership with Fresenius Medical Care North America (FMCNA), InterWell Health deploys a broad scope of
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Most Providers are Unprepared for The Surge of Post-Pandemic Referrals, Survey Finds

by Jasmine Pennic 04/22/2021 Leave a Comment

Most Providers are Unprepared for The Surge of Post-Pandemic Referrals, Survey Finds

What You Should Know: - The healthcare industry is bracing for an unprecedented wave of provider referrals that formed as thousands of procedures were canceled or delayed due to COVID-19, according to new research conducted by Innovaccer - . Despite rising concerns, few healthcare organizations are adequately prepared. Innovaccer’s recent survey reveals that more than half of healthcare executives (53%) are concerned about this coming wave of referrals, but less than half of respondents
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Top 3 Ways to Justify Interoperability Spend & Power Your Physician Alignment Strategy

by Dr. Peter S. Tippett, CEO of careMESH 04/22/2021 Leave a Comment

Top 3 Ways to Justify Interoperability Spend and Power Your Physician Alignment Strategy

For decades, interoperability has been a dirty word for hospitals and health systems. No matter how much they have worked at it, paid for it, and thrown IT resources at it, return on investment has been difficult to prove. This has been especially true when executing a community physician alignment strategy to expand care collaboration with unaffiliated physician groups to drive new referrals and revenue into the hospital. The first step in many physician alignment programs is to formalize
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