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Health IT | News, Analysis, Insights - HIT Consultant

NexHealth Raises $31M to Expand Patient Experience Management Platform at $431M Valuation

by Fred Pennic 06/28/2021 Leave a Comment

NexHealth Raises $15M to Expand Patient Experience Management Platform

What You Should Know: - NexHealth, a San Francisco, CA-based patient experience management platform, announced it has raises $31M, co-led by media mogul and founding partner of WndrCo Jeffrey Katzenberg and Mino Games founder-turned-angel investor Josh Buckley, at a $431M valuation. - Founded in 2015 by Alamin Uddin, NexHealth’s patient experience management platform enables doctors to give their patients an end-to-end experience with key features like real-time online booking,
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Hospitals Can Teach Life Science Companies a Thing or Two About Patient Engagement

by Greg Kefer, Chief Marketing Officer at Lifelink Systems 06/28/2021 Leave a Comment

Hospitals Can Teach Life Science Companies a Thing or Two About Patient Engagement

The efforts to develop a COVID-19 vaccine focused the world’s attention on the pharmaceutical industry. Before the pandemic hit, very few people outside of the healthcare industry understood what it takes to develop a new drug. Nor did they consider the complexities of administering the various medications that require a regimen that goes beyond “take one pill each morning.” The biopharmaceutical industry is massive, accounting for more than $1.3 trillion in economic output, representing four
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Health Catalyst to Acquire Patient Engagement Platform Twistle – M&A

by Fred Pennic 06/25/2021 Leave a Comment

Health Catalyst to Acquire Patient Engagement Platform Twistle - M&A

What You Should Know: - Health Catalyst, a provider of healthcare data and analytics solution announced that it has entered into a definitive agreement to acquire Twistle, Inc. ("Twistle"), an Albuquerque, New Mexico-based healthcare patient engagement platform. The acquisition was funded using a combination of cash and stock. - Founded in 2011, Twistle’s SaaS patient engagement platform automates patient-centered, HIPAA-compliant communication between care teams and patients to transform
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RCM: How Coding Gray Areas Skew Healthcare Data

by Chris Gallagher CCS, CDIP, VP of Delivery at Penstock 06/25/2021 Leave a Comment

RCM: How Coding Gray Areas Skew Healthcare Data

Clinical reality, the ICD-10-CM classification system, and considerations of reimbursement are three distinct worlds that are sometimes in conflict. We don’t like it when financial considerations intrude on the purity of coding, but there’s no escaping this intrusion when coding serves as both the representation of the clinical picture in healthcare data and as the basis for reimbursement. Sepsis Definitions at Odds Sepsis provides a great illustration of a coding gray area that can
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Providence-backed Tegria Acquires Digital Health AI Platform KenSci

by Fred Pennic 06/24/2021 Leave a Comment

Providence-backed Tegria Acquires Digital Health AI Platform KenSci

What You Should Know: -  Providence-backed Tegria today announced the acquisition of KenSci, a leader in artificial intelligence platforms and apps for healthcare, with roots in Microsoft's Azure4Research program and the University of Washington. Financial details of the acquisition were not disclosed. - Founded in 2015, KenSci's digital health AI platform helps organizations bring the power their data and improve health outcomes with advanced analytics. KenSci's customers,
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CitiusTech Acquires SDLC Partners to Drive Health Plan Digital Transformation

by Fred Pennic 06/24/2021 Leave a Comment

CitiusTech Acquires SDLC Partners to Drive Health Plan Digital Transformation – M&A

What You Should Know: - CitiusTech, a provider of healthcare technology services, solutions and platforms, announced today the strategic acquisition of SDLC Partners (SDLC), a Pittsburgh, PA-based provider of technology solutions to leading payer organizations. -  As the need for value-based innovative technology solutions grows, combining SDLC’s expertise in payer-focused solutions with CitiusTech’s industry presence and rich portfolio of complementary digital offerings, CitiusTech
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U of Chicago Med & COTA to Address Racial Disparities in Cancer Using RWD

by Jasmine Pennic 06/24/2021 Leave a Comment

COTA Lands $34M to Drive Innovation in Oncology Using Real-World Data

What You Should Know: - COTA, Inc., an oncology real-world data and analytics company and the University of Chicago Medicine announced a research collaboration agreement to investigate racial disparities of care in multiple myeloma to better understand differences in the diagnosis, treatment patterns, and outcomes of patients with this type of cancer. - Multiple myeloma is the second-most-common hematologic malignancy, with an estimated 34,920 new cases and 12,410 deaths expected to occur
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Emtiro Health Taps Innovaccer to Build a Population Health Analytics Platform for NC Managed Medicaid Care Launch

by Jasmine Pennic 06/24/2021 Leave a Comment

Emtiro Health Taps Innovaccer to Leverage the FHIR-enabled Data Activation Platform

What You Should Know: - Emtiro Health, LLC, a North Carolina-based population health company, announced its partnership with leading healthcare technology company, Innovaccer Inc. to prepare for the North Carolina Managed Medicaid Care launch and deliver the best care to the Medicaid population. - Together, they have developed a platform to support North Carolina’s transition to Managed Care, specifically Advanced Medical Homes (AMH) and providers that participate in value-based payment
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Priority Health Launches “Full Lifecycle” Social Determinants of Health Initiative

by Fred Pennic 06/23/2021 Leave a Comment

Priority Health Launches “Full Lifecycle” Social Determinants of Health Initiative

What You Should Know: - Priority Health, a nationally recognized nonprofit health plan, announced today that it has launched a first-of-its-kind “full lifecycle” social determinants of health (SDoH) initiative. - Recent research has shown that SDoH, or social factors like access to healthy food, transportation options and financial security, may be responsible for up to 80% of health outcomes.Priority Health’s first-of-its-kind program
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DrChrono Raises $12M to Expand Operations of Medical Practice Platform

by Fred Pennic 06/23/2021 Leave a Comment

DrChrono integration with Beam Telemedicine Network_DrChrono EHR Integrates with Beam to Power Telehealth Video Consults

What You Should Know: - DrChrono Inc., a company developing an essential platform and services for modern medical practices, today announced it has raised a new round of over $12M in growth capital from ORIX Corporation USA’s Growth Capital team (ORIX Growth Capital.) - The company plans to use the growth capital to expand all operations and provide enhancements across the other key product areas including EHR, practice management, medical billing and the company’s core partner
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