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Health IT | News, Analysis, Insights - HIT Consultant

How Digitizing HR Operations Alleviates Burnout & Increases Retention in Healthcare

by Peter Corless, EVP of Enterprise Development at OnShift 04/12/2022 Leave a Comment

How Digitizing HR Operations Alleviates Burnout & Increases Retention in Healthcare

Human resources (HR) leaders in healthcare are facing an uphill battle with the Great Resignation heavily impacting staffing levels across organizations of all sizes. The healthcare sector has been among the hardest-hit industries by the Great Resignation due to the increased pressure and burnout among frontline workers that are facing almost three years of a global pandemic. The situation is even more dire among the post-acute and senior living care industries. According to recent research, the
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Vytalize Health Raises $50M for Value-Based Care Platform for Seniors

by Fred Pennic 04/11/2022 Leave a Comment

Vytalize Health Raises $50M for Value-Based Care Platform for Seniors

What You Should Know: - Vytalize Health raises over $50 million to advance its value-based care platform for seniors helping primary care doctors strengthen relationships with their patients through data-driven, holistic, and personalized care. - Led by Enhanced Healthcare Partners, the financing round signals an enormous opportunity for Vytalize Health to accelerate the adoption of value-based care programs by providers. Vytalize Health, a leading value-based care platform for
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4 Keys to Delivering A Retail-Like Patient Experience Journey

by Melinda Cisneros, Healthcare Industry Analyst & Grant Harland, Retail and Hospitality Industry Analysts at Windstream Enterprise 04/11/2022 Leave a Comment

4 Keys to Delivering A Retail-Like Patient Experience Journey

When it comes to the quality of their healthcare journey, patients, it seems, are losing patience with their healthcare providers. In Cedar’s latest Healthcare Consumer Experience Study, for example, the share of consumers who said they won't pay a bill if they cannot understand the administrative experience tripled from 2020 to 2021, to 37%. A vast majority (93%) indicated the quality of the billing and payment experience is important to their decision to return to a healthcare provider in
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Echo Health Ventures Expands Investment Model to Nashville

by Jasmine Pennic 04/07/2022 Leave a Comment

Echo Health Ventures Expands Investment Model to Nashville

What You Should Know: - Echo Health Ventures, a healthcare strategic venture capital and growth equity investment firm, today announced it is establishing a local presence in Tennessee led by Echo Health Advisors Principal Hayley Hovious, who joined the company in March following seven years as president of the Nashville Health Care Council. - Echo Health Ventures CEO Rob Coppedge expects the new location to drive innovation by developing connections between its portfolio companies, Echo
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Epic Selects Lyniate for Integration within Epic Garden Plot Offering

by Fred Pennic 04/06/2022 Leave a Comment

Epic Selects Lyniate for Integration within Epic Garden Plot Offering

What You Should Know: - EHR leader Epic has selected Lyniate, a provider of healthcare data interoperability, for integration within its new Garden Plot Software as a Service (SaaS) model for independent medical groups.  - Garden Plot takes on hosting, support, and ongoing configuration and updates so providers can focus on their patients. Garden Plot Offering Overview Garden Plot is a new offering for independent medical groups that
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Blue Shield of CA & Walgreens Launch Health Advisory Services in Retail Stores

by Jasmine Pennic 04/06/2022 Leave a Comment

Blue Shield of CA & Walgreens Launch Health Advisory Services in Retail Stores

What You Should Know: - Blue Shield of CA and Walgreens Health announces a new health advisory service that will expand access to care management and coordination for Californians through in-store and virtual resources through the launch of 12 new Walgreens Health Corner™ locations in the San Francisco Bay Area and Los Angeles County. - With the addition of Walgreens Health Corner™ locations in LA and the
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Potential of Implementing Polygenic Risk Scores in Healthcare Systems

by Dr George Busby, co-founder and Chief Scientific Officer at Allelica 04/06/2022 Leave a Comment

Challenges and Potential of Implementing Polygenic Risk Scores in US Healthcare Systems

The promise of personalized medicine is a world in which interventions, screening, and therapeutics are targeted to those most likely to get the disease. Polygenic risk scores will help society reach this ambition by accurately assessing the contribution that one’s DNA makes to disease risk.  When Thomas Jefferson wrote in the Declaration of Independence that ‘all men are created equal,’ he captured the essential concept of equality on which the US Constitution is based. Although no one would
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Eleos Closes $20M to Unlock CareOps Automation for Behavioral Health

by Jasmine Pennic 04/05/2022 Leave a Comment

Eleos Closes $20M to Unlock CareOps Automation for Behavioral Health

What You Should Know: - Eleos Health has announced a $20 million Series A round, co-led by F-Prime Capital and Eight Roads Ventures, bringing their total raise to $28 million.  - Eleos Health is a behavioral health application for voice AI, operating ambiently in the background of mental health clinician-patient conversations. It’s in production use with 20+ care providers and health plans, with a goal of unlocking up to 30% more mental health care provider capacity as the U.S.
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Clarify Health Secures $150M for Value-Based Payments Platform

by Fred Pennic 04/05/2022 Leave a Comment

Clarify Health Secures $150M for Value-Based Payments Platform

What You Should Know: - Clarify Health, a cloud analytics and value-based payments platform company, announced today that it secured $150 million in Series D financing. SoftBank Vision Fund 2 led the round and was joined by funds and accounts managed by BlackRock and Memorial Hermann Health System, along with existing investors Insight Partners, Spark Capital, KKR, Aspenwood Ventures, Rivas Capital, and Sigmas Group. - This newest round of funding comes on the heels of the
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Azalea Health Launches Azalea Apps Marketplace to Improve Patient Care & Profitability

by Jasmine Pennic 04/05/2022 Leave a Comment

Azalea Health Launches Azalea Apps Marketplace to Improve Patient Care & Profitability

What You Should Know: - Azalea Health Innovations Inc. (Azalea Health or Azalea), a provider of cloud-based patient management and health IT solutions, today launched Azalea Apps Marketplace, a one-stop app library of approved third-party vendors that are integrated with Azalea Health.  - The Azalea Apps Marketplace allows users to search through a library of third-party applications that are connected with Azalea’s
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