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Health IT | News, Analysis, Insights - HIT Consultant

Connections Health Solutions Secures $30M to Expand Behavioral Health Crisis Services Model

by Fred Pennic 08/04/2021 Leave a Comment

Connections Health Solutions Secures $30M to Expand Behavioral Health Crisis Services Model

What You Should Know: - Connections Health Solutions, a Phoenix, AZ-based provider of immediate-access behavioral health crisis stabilization, has raised $30 million in a growth financing led by Heritage Group, a leading healthcare-focused private equity firm. - The partnership will fuel national expansion of Connections Health Solutions’ leading behavioral health crisis services model. Rising Demand for Behavioral Health Services Demand for behavioral health services is on
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How Health IT is Helping Hospitals Achieve Faster Patient Transitions and Reduce Length of Stay

by Rikki Jennings, BSN, RN, CPN, Chief Nursing Informatics Officer at Zebra Technologies 08/04/2021 Leave a Comment

How Health IT is Helping Hospitals Achieve Faster Patient Transitions and Reduce Length of Stay

COVID-19 served as a brutal reminder that streamlining patient transitions from one care setting to another is critical – and even more so when hospital beds are at a premium. Even with less revenue flowing in, hospitals were still expected to quickly adapt as rising infections caused unexpected surges in hospitalizations.  Better care coordination improves the patient experience and significantly lowers hospitals' costs by reducing the length of stay. In fact, one healthcare organization
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3M Taps Waystar to Automate Revenue Capture Processes for its Clients

by Jasmine Pennic 08/03/2021 Leave a Comment

PE Firm Considering Options Including Sale for RCM Provider Waystar

What You Should Know: - Healthcare payments company Waystar, today announced a partnership with 3M Health Information Systems to help 3M clients improve their payment operations. - As part of the strategic partnership, 3M will leverage Waystar’s AI-powered solutions that will allow providers, health systems, and hospitals to improve operational efficiency and compliance and collect appropriate, fuller reimbursement. Why It Matters Revenue integrity remains a top concern for hospital
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Risk Mitigation: Strengthening Trust in AI for Healthcare

by Joachim Roski, Principal at Booz Allen Hamilton and Kathleen Featheringham, Principal at Booz Allen Hamilton 08/03/2021 Leave a Comment

AI in healthcare risk

Better clinical decision support, population health interventions, patient self-care, and research - these are just a few of the promising use cases of artificial intelligence (AI). In addition to its benefits, AI can introduce risks that could potentially undermine trust in AI solutions and need to be addressed. These risks include, among others, promulgating bias inherent in source data; a lack of minimal transparency in computation algorithms; AI performance in a “lab setting” not
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U.S. Naval Academy Awards NeuroFlow New Contract to Support Wellness and Resiliency of USNA Midshipmen

by Jasmine Pennic 08/03/2021 Leave a Comment

U.S. Naval Academy Awards NeuroFlow New Contract to Support Wellness and Resiliency of USNA Midshipmen

What You Should Know: - NeuroFlow, a technology and services provider for behavioral health integration, has been contracted by the U.S. Naval Academy to support Midshipmen wellness during their 47-month journey to commission as naval officers. - The new offering gives Midshipmen access to a secure mobile application designed to enhance resiliency and, when necessary, support a pathway to care. NeuroFlow’s platform confidentially captures health data to enable the system to provide
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Lightbeam, Surescripts Partner for Med Adherence Across Populations

by Jasmine Pennic 08/03/2021 Leave a Comment

Population Health Provider Lightbeam Health Solutions Acquires Browsersoft

What You Should Know: - Lightbeam and Surescripts announced today a partnership that gives Lightbeam’s clients patient prescription histories and real-time refill notifications. - Lightbeam makes a population health management platform for ACOs, IDNs and other risk-bearing entities.  The Surescripts Medication History for Populations service will be available to Lightbeam’s clients, adding valuable insights on top of the robust analytics already available
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Tight Hospital Margins Continue Amid COVID-19 Concerns

by Fred Pennic 08/02/2021 Leave a Comment

Tight Hospital Margins Continue Amid COVID-19 Concerns

What You Should Know: - U.S. hospitals and health systems continued to experience tight margins in June, as rising expenses offset revenue and volume improvements—amid concern about the impact of the COVID-19 Delta variant—according to the latest issue of Kaufman Hall’s National Hospital Flash Report.    - The National Hospital Flash Report draws on data from more than 900 hospitals. Data from the report comes from Axiom’s Comparative Analytics from Syntellis
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4 Key Constraints Preventing Healthcare from Proper Cybersecurity

by Seth Carmody, VP of Regulatory Strategy at MedCrypt 08/02/2021 Leave a Comment

4 Key Constraints Preventing Healthcare from Proper Cybersecurity

Healthcare was created to help people. So why is this industry the most heavily targeted by cybercriminals and ransomware attacks? In the first half of 2020 alone, the Department of Health and Human Services saw a nearly 50% increase in the number of healthcare-related cybersecurity breaches. The COVID-19 pandemic forced the healthcare industry to operate at a level that it wasn’t prepared for, which meant emergency facilities were erected without proper security measures in place in order to
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WellSky Acquires Healthify to Enhance Social Determinants of Health

by Fred Pennic 07/30/2021 Leave a Comment

WellSky Acquires Healthify to Enhance Social Determinants of Health – M&A

What You Should Know: - Seamless coordination between providers, community-based organizations, and payers is the key to delivering value-based care at scale. To better connect providers, identify social determinants of health, search for social services, and coordinate care with community partners, WellSky has acquired Healthify. Financial details of the acquisition were not disclosed. - Together, WellSky and Healthify will connect
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Cloud Technology and Healthcare Evolution: Microsoft in the Spotlight

by Gerry Miller, CEO & Founder, Cloudticity 07/30/2021 Leave a Comment

Cloud Technology and Healthcare Evolution: Microsoft in the Spotlight

In April, software giant Microsoft made a lot of headlines announcing its multibillion-dollar acquisition of Nuance, the cloud-based clinical intelligence developer best known to healthcare providers for its Dragon and PowerScribe speech-recognition products. Business analysts and reporters zeroed in on impressive financial details and utilization potential for “ambient AI” technologies in health settings. But more than anything, the deal shows how serious Microsoft is about its healthcare IT
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Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

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Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

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How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

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Healthcare C-Suite Acknowledges AI Potential but Lacks Trust

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