Healthcare organizations deal with a seemingly endless list of demands, including expanding access to care, financial sustainability, staffing shortages, rigorous data security, government regulations and quality improvement initiatives. Many organizations can operate at full speed and still find they cannot keep up with all the demands.
Quality programs facilitated by CMS and commercial health plans provide critical funding to support healthcare operations. They require diligent data
Read More
Health IT | News, Analysis, Insights - HIT Consultant
Ensemble Acquires Digital Patient Communications Platform Odeza – M&A
What You Should Know:
- Ensemble Health Partners (“Ensemble”), a provider of end-to-end revenue cycle management, announced today it has acquired Odeza, an all-in-one digital consumer communications platform that integrates with leading EHR platforms to unify, simplify and automate patient interactions. Financial details of the acquisition were not disclosed.
- The integration of this innovative technology into Ensemble’s proprietary revenue cycle platform, Ensemble IQ, will provide
Read More
CareCloud Acquires Health IT Consulting Firm MedMatica – M&A
What You Should Know:
- CareCloud today announced it has acquired Santa Rosa Staffing, Inc. and the assets of MedMatica Consulting Associates, Inc., through the closing of an Asset and Stock Purchase Agreement. Financial details of the acquisition were not disclosed.
- The acquisition reflects CareCloud’s continued expansion into the hospital and health system market, through its acquisition of industry leading businesses that provide IT consulting, strategic advisory services and
Read More
Aunt Bertha Secures $27M to Expand Referral Platform for Social Services
What You Should Know:
Today, Aunt Bertha, the nation’s leader in closed-loop social care networks and the company behind findhelp.org, announced it has raised an additional $27M in investment funding led by Warburg Pincus, had significant participation from existing investors including Pershing Square Foundation, Techstars Ventures, Noro-Moseley Partners, Digitalis Ventures and The Social Entrepreneurs’ Fund (TSEF).
- The financing will enable Aunt Bertha to enhance its
Read More
Innovaccer and PatientPing Partner for Real-Time Care Coordination
What You Should Know:
- Innovaccer, today announced a strategic partnership with PatientPing, a real-time care coordination platform.
- As part of the partnership, Innovaccer will become a reseller of Pings, PatientPing’s real-time notification solution, which will be embedded directly within the Innovaccer Health Cloud. This will enable providers to improve care delivery outcomes, simplify care navigation and throughput, reduce out-of-network utilization, and succeed under value-based
Read More
HHS Launches VC Partnership to Develop Solutions to Prevent Future Pandemics, Public Health Emergencies
What You Should Know:
- The U.S. Department of Health and Human Services (HHS) launches a new $50M venture capital partnership with nonprofit organization Global Health Investment Corporation (GHIC) to accelerate development and commercialization of technologies and medical products needed to respond to or prevent public health emergencies, such as pandemics, and other health security threats
- Through the BARDA Ventures program, the Biomedical Advanced Research and Development
Read More
Can Technology Improve How We Treat (or Prevent) Chronic Conditions?
The prevalence of chronic disease in the United States will increase over the next several decades among all age groups, as will the associated care costs, and physical, mental and social consequences. Major obstacles to effective chronic care management (CCM) include:
- Patients rarely suffer from a single chronic condition at the time of their diagnosis1. They are given multiple prescriptions and treatments with differing instructions and guidance, which is overwhelming and can lead to
Read More
Olive, ASUS Partner to Bring AI-Assisted Medical Coding to 775+ Hospitals
What You Should Know:
- Olive and ASUS announced their partnership to bring AI-assisted medical coding to over 775 U.S. hospitals. Olive will bring ASUS Miraico, the AI medical coding assistant, to healthcare providers via the Olive Helps platform.
- The addition of Miraico to the Olive Helps system will allow the AI to analyze clinical terms in medical records
Read More
PE Firm Frazier Healthcare Partners Closes $1.4B Growth Buyout Fund
What You Should Know:
- Frazier Healthcare Partners, a Seattle-based healthcare private equity firm announced the close of its tenth global buyouts fund and 13th fund across buyouts and life sciences. Investment focus will continue to be middle market provider-based businesses, with virtual health as a major component. The oversubscribed $1.4 billion fund, FHGB X, is significantly larger than FHGB IX, which closed at $780M in 2018.
- Frazier, 30 years strong this year,
Read More
Can Blockchain-Enabled Telehealth Uphold the Sovereignty of Physicians?
The COVID-19 pandemic has highlighted yet again the immensely important role played by healthcare professionals across the globe, but it has also presented immeasurable challenges to physicians themselves. As frontline workers, they are placing their lives at risk day in, day out, to ensure the health of their patients. Face-to-face assessments during a pandemic can be a perilous situation for both physicians and patients alike: a study undertaken by the University of Pennsylvania Medical Centre
Read More
