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Health IT | News, Analysis, Insights - HIT Consultant

EverCommerce Acquires DrChrono to Expand Suite of Solutions for Independent Practices

by Fred Pennic 11/02/2021 Leave a Comment

EverCommerce Acquires DrChrono to Expand Suite of Solutions for Independent Practices

What You Should Know: - Today EverCommerce Inc., a service commerce platform, announced that it has entered into a definitive agreement to acquire DrChrono Inc., a Sunnyvale, CA-based SaaS practice management and EHR platform for modern medical practices. - DrChrono offers an all-in-one, cloud-based practice management, EHR, and billing solution to make healthcare more informed, more interactive, and more personalized. Financial details of the acquisition were not
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Is the Smartphone Key to Unlocking Frictionless Patient Registration?

by Daniel Cidon, CTO, NextGate 11/02/2021 Leave a Comment

Smartphones Key to Unlocking Frictionless Patient Registration

Since the beginning of healthcare’s digital revolution, organizations have been striving to achieve the Triple Aim of healthcare: better outcomes, lower costs, and improved patient experiences.   While reimbursement reforms and regulatory actions have helped realize measurable gains in population health and overall spending, progress on the patient experience piece hasn’t always been as clear-cut. Firstly, patient satisfaction is a hard concept to quantify.  And the
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How Hospitals Can Help Patients Meet Financial Obligation While Driving Revenue Excellence

by Randall Shafer, EVP and Head of Hospital Business at Firstsource 11/02/2021 Leave a Comment

How Hospitals Can Help Patients Meet financial Obligation While Driving Revenue Excellence

Medical debt in the US has reached crisis proportions.  According to a recent study published by JAMA Network, unpaid healthcare bills are one of the largest sources of debt for Americans, reaching $140 billion last year.  The impact is not limited to patients. Healthcare providers are feeling the pinch as well. On average, uncompensated care accounts for approximately 8% of a hospital’s expenses.   The inability to pay medical bills is strongly correlated with a lack of
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Children’s Health Alliance Deploys Innovaccer Health Cloud

by Jasmine Pennic 11/02/2021 Leave a Comment

Children’s Health Alliance Deploys Innovaccer Health Cloud

What You Should Know: - Children's Health Alliance, Oregon’s largest pediatric IPA, has moved to Innovacccer Health Cloud. CHA turned to Innovaccer’s Data Activation Platform to help its providers collaborate across care sites and deliver high-quality care.  - CHA will also use Innovaccer's Physician Engagement solution to give clinicians actionable insights that support accurate coding and quality care management in the clinical setting. Analytics from the
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HealthEquity Completes $455M Acquisition of HSA Custodian Further

by Jasmine Pennic 11/01/2021 Leave a Comment

HealthEquity Completes $455M Acquisition of HSA Custodian Further

What You Should Know: - HealthEquity, completed the acquisition of Further,  a leading provider of HSA and consumer-directed benefit (“CDB”) administration services, and the nation’s ninth largest HSA custodian. The acquisition of Further and its technology expands HealthEquity’s leadership in the growing HSA market and enhances its ability to better serve their customers. The deal also adds to HealthEquity’s Total Solution
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How Healthcare NLP has Evolved from 2020 to 2021

by David Talby, CTO, John Snow Labs 11/01/2021 Leave a Comment

NLP is Raising the Bar on Accurate Detection of Adverse Drug Events

Few industries have embraced natural language processing (NLP) as openly as healthcare. With the ability to identify new variants of COVID-19 and help speed up clinical trials for the vaccine, the pandemic is just one example of what NLP is capable of achieving. And while new research points to NLP budgets growing significantly across vertical industries, locations, company sizes, and maturity levels, healthcare is leading the pack. Big strides have been made in AI and NLP over the last year,
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Medsphere Gets $50M Credit Facility to Power Health Platform Strategy

by Fred Pennic 10/29/2021 Leave a Comment

Medsphere Raises $40M to Expand Suite of SaaS EHR & RCM Solutions

What You Should Know: - Medsphere Systems Corporation, a provider of affordable and interoperable healthcare IT platform solutions, today announced that Wells Fargo has extended a $50 million credit facility that will enable Medsphere to continue its current growth trajectory.  - Medsphere is continuing to develop a comprehensive health platform that incorporates existing technology platforms and service lines
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Social Determinant of The Healthcare Professional: Why We Cannot Wait

by JohnMatthew Douglas, President And Founder at iPressForward, LLC 10/29/2021 Leave a Comment

Social Determinants of Health Trends in 2020: The End of the Beginning?

The following list provides examples of the social determinants of health, which influence health equity in positive and negative ways: Income and social protection, Education, Unemployment, and job insecurity, Working life conditions, Food insecurity, Housing, basic amenities and the environment, Early childhood development, social inclusion, and non-discrimination, Structural conflict, Access to affordable health services of decent quality. Working life conditions refers to the working
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The Role Blockchain Could Play in Strengthening Patient-Provider Relationships

by Matthew Doyle, COO & Head of Investor Relations at Chicago Pacific Founders 10/29/2021 Leave a Comment

The Role Blockchain Could Play in Strengthening Patient-Provider Relationships

With conversations about NFTs and blockchain prominent in the news today, the future of such technology is a hot topic. The integration of blockchain technology into a variety of industries has proved to be beneficial in productivity, efficiency, and security. Because of this success, it is imperative that the healthcare industry continue to effectively adopt and utilize blockchain technology to improve data security, expand collaborative opportunities, verify the authenticity and safety of
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It’s Time More Healthcare Companies Break Through Data Silos

by Derik Ciccarelli, a Healthcare Fraud Analyst at Codoxo 10/28/2021 Leave a Comment

It’s Time More Healthcare Companies Break Through Data Silos

Unifying health records remains a challenge, but the benefits of integrating disparate data could transform the industry Healthcare payers, providers and agencies have traditionally struggled with unifying health records, but no longer is that a viable reason to put off what can be achieved today. It’s time more healthcare organizations seize the opportunity to create a strong data foundation that's consolidated, transparent, secure and easily accessible. Many healthcare organizations face
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KLAS Report: Epic's Native Ambient Speech Tool Reshapes Customer AI Strategies

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RevSpring to Acquire Kyruus Health, Creating a Unified Patient Experience

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