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Health IT | News, Analysis, Insights - HIT Consultant

COVID Exposed The Dire Need for Real-Time Healthcare Data Sharing

by Birju Shah, Head of Product for Uber Health & Communities, and Nick Jordan, Founder and CEO, Narrative 03/31/2021 Leave a Comment

COVID Exposed The Dire Need for Real-Time Healthcare Data Sharing

In a world where technology and Big Data can provide us with instantaneous access to our banking transactions, and our financial information and credit reports can be retrieved with a few keystrokes when applying for a mortgage -- trying to get access to our own healthcare data is exasperating.  Beyond exasperating, is the frightening situation when the inability to access up-to-date and accurate information, can result in an aggravated medical condition or even death. Before the
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3 Barriers Stalling AI Adoption in Revenue Cycle Management

by Kenya Smith, Healthcare Solution Marketing Manager at ABBYY 03/30/2021 Leave a Comment

3 Barriers to AI Adoption in Revenue Cycle Management

AI technology is quickly evolving and already surpassing human decision-making in certain instances; sometimes, in ways, we can’t explain. While many are alarmed by this, AI is producing some of the most effective and dramatic results in business today.  Adoption of AI in healthcare is growing, but there are still barriers to overcome AI can be defined in many ways but, broadly, it is the ability of a machine to perform cognitive functions we associate with human minds, such as
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Marpai Health Acquires Continental Benefits to Launch First Smart Health Plan System

by Jasmine Pennic 03/30/2021 Leave a Comment

What You Should Know: - Today Marpai Health announced that it will acquire third-party administrator Continental Benefits. Marpai brings deep learning to self-insured health plans, which will allow for the processing of comprehensive data to increase quality care, reduce costs, simplify the healthcare experience, and empower plan members to live healthier lives. The transaction is expected to close in April 2021. - Continental Benefits, owned by Damien Lamendola, is a
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Omega Healthcare Acquires himagine Solutions to Expand Global Delivery Model

by Jasmine Pennic 03/29/2021 Leave a Comment

Omega Healthcare Acquires himagine Solutions to Expand Global Delivery Model

What You Should Know: - Omega Healthcare, a provider of outsourced revenue cycle management and other healthcare support services, today announced the acquisition of himagine Solutions, a St. Louis based provider of medical coding and registry services. The transaction expands the service capabilities and geographical footprint of both companies, enhancing the ability to service clients globally. - Through this acquisition Omega Healthcare will be
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NeoGenomics Acquires Precision Oncology Platform Trapelo Health for $65M

by Fred Pennic 03/24/2021 Leave a Comment

NeoGenomics Acquires Precision Oncology Platform Trapelo Health for $65M

What You Should Know: - NeoGenomics, Inc., a provider of cancer-focused genetic testing services and global oncology contract research services announced it has reached an agreement to acquire precision oncology platform Trapelo Health for $65M. The agreement purchase price of $65 million, consists of $35 million in cash on hand and $30 million in NeoGenomics common stock and is expected to close in April 2021. - Trapelo Health offers a first-of-its-kind, interoperable, decision-support
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Apriss Health Acquires Care Coordination Platform PatientPing

by Fred Pennic 03/23/2021 Leave a Comment

Care Coordination Network PatientPing Raises $60M to Fuel Expansion

What You Should Know: PatientPing, a comprehensive care collaboration platform focused on behavioral health and substance use disorder., today announced that it has entered into a definitive agreement to acquire care coordination platform Appriss Health. - Together, PatientPing and Appriss, backed by Clearlake Capital Group, L.P., and Insight Partners, will represent the largest and most diverse care collaboration network connecting nearly 1 million healthcare providers to one another and
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AKASA Raises $60M to Automate Revenue Cycle Operations for Health Systems

by Jasmine Pennic 03/23/2021 Leave a Comment

AKASA Raises $60M to Automate Revenue Cycle Operations for Health Systems

What You Should Know: - AKASA (formerly known as Alpha Health), a South San Francisco, CA-based Unified Automation™ company for revenue cycle management in healthcare, announced it has raised $60 million in its series B round of funding. - Founded in 2018, AKASA uses the same machine learning approaches that made driverless cars possible to provide health systems with a single solution for automating revenue cycle operations. AKASA’s unique expert-in-the-loop approach combines modern
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Innovaccer Launches Provider Network Management Solution for Payers on the Innovaccer Health Cloud

by Jasmine Pennic 03/23/2021 Leave a Comment

Innovaccer Launches Provider Network Management Solution for Payers on the Innovaccer Health Cloud

-  Innovaccer, Inc., a leading healthcare technology company, announced the launch of its Provider Network Management solution to assist healthcare payers access complete view and exercise control over their provider network performance. - The Provider Network Management solution is powered by the Innovaccer Health Cloud and an integrated, modular, flexible platform that centralizes data and analytics to create a “single source of provider truth” for all network management needs. -
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How NLP Can Uncover Social Determinants of Heart Disease

by David Talby, CTO, John Snow Labs 03/23/2021 Leave a Comment

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

Heart disease is the leading cause of death for people of most racial and ethnic groups in the United States. Cardiovascular disease-related deaths—which occur every 36 seconds—cost our country about $219 billion each year, according to the Centers for Disease Control and Prevention (CDC). People with poor cardiovascular health are also at increased risk of severe illness from COVID-19, so the time to act is now. There’s no time like the present to look at major risk factors—from obesity and
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Novo Nordisk, TetraScience Partner on Cloud-Based Instrument Data Platform

by Jasmine Pennic 03/23/2021 Leave a Comment

What You Should Know: - Novo Nordisk A/S, a leading global healthcare company, and TetraScience, the leading global Life Sciences R&D Data Cloud, announce a new partnership to design a cloud-based instrument data platform for drug R&D, built natively on Amazon Web Services. - Novo Nordisk will leverage the TetraScience Platform for automated instrument data acquisition and scalable in-cloud processing from heterogeneous sources and data streams, including plate readers, robotic
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