Veritas Capital (“Veritas”), a leading private equity investment firm has acquired GE Healthcare's Value-Based Care division for $1.05 billion in cash. GE Healthcare's Value-Based Care Division includes the Enterprise Financial Management (Revenue-Cycle, Centricity Business), Ambulatory Care Management (Centricity Practice Solution) and Workforce Management (formerly API Healthcare) assets. The healthcare technology space has been a key focus area for Veritas Capital, as illustrated by its
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Health IT | News, Analysis, Insights - HIT Consultant
How Big Data Enhances the Patient Experience
Because the data capacity for flash drives and secure digital memory card storage increased immensely over the past two decades, mobile phones have gone from simple handsets used for text messaging, phone calls, and the occasional game of Snake, to sophisticated devices that support high-fidelity music libraries, high-definition videos, high-resolution photos and elaborate video games.Consumer expectation for data storage has also grown over those two decades. The rapid development of new
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Survey: Providers Need Better OR Supply Chain Management Systems to Reduce Costs
A new Cardinal Health survey finds that healthcare providers need better operating rooms (OR) supply chain management systems to reduce costs and support patient safety. The survey of 305 surgical staff and hospital supply chain decision-makers fielded by SERMO provides insight into the current inventory management needs of operating rooms in the U.S.Financial challenges persist across health care systems. And while the OR is among the top revenue drivers for a hospital, it’s also one of the
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Apple Health Records Feature Is Now Available at 39 Health Systems
Apple today announced it has expanded its Apple Health Records feature to 39 health systems enabling patients to view their medical records right from their iPhone by simply updating their iOS software. The announcement comes nearly two months after launching the Apple Health Records feature as part of the iOS 11.3 beta update with 12 participating hospitals. Traditionally, patients’ medical records were held across multiple locations, requiring patients to log into each care provider’s website
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Western Maryland Health Taps Artifact Health to Streamline Physician Query Process
Western Maryland Health System has selected Artifact Health, a mobile platform that streamlines the physician query process to make it fast and easy for physicians to answer queries that improve the quality of patient records, ensure full reimbursement for services, and increase collaboration between clinical documentation improvement (CDI) and coding staff.With the implementation of Artifact Health’s mobile query platform, WMHS physicians can respond to a query compliantly in under a minute
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NTT DATA Partners with DataFirst to Expand Clinical AI Capabilities
NTT DATA Services has announced its partnership with DataFirst, Inc. to allow for seamless patient data sharing between platforms, which will expand its Imaging Insights service and clinical artificial intelligence (AI) capabilities. This partnership creates valuable opportunities during and following data migration in live care situations to better use clinical imaging data for quality of diagnoses and insights on patient health. DataFirst’s suite of interoperability solutions allows patient
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Report: EHR Integration Is the Biggest Cost Driver for Mobile Health App Development
Today the average mobile health app costs $425,000 to develop until launch including internal and external development costs as well as marketing costs, according to a recent Research2Guidance report. The report, “mHealth Economics – How mHealth App Publishers Are Monetizing Their Apps” reveals the cost of developing mobile health apps has significantly increased over the last few years with the typical project size ranging from $30k-40k to now ballooning up to several million for top apps. In
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Solutionreach Joins Epic App Orchard to Improve Patient-Provider Relationships
Solutionreach, the leader in patient relationship management solutions, announced today its platform integration with Epic. Solutionreach software can now be found on the Epic App Orchard, allowing for a streamlined experience for customers of the two companies by providing tools to improve patient-provider relationships. The App Orchard is where developers can learn about Epic's APIs and list their apps for Epic community members to explore and access.Other features of the integration include:-
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Health Innovation Center Forms Working Group to Explore Data-Driven Solutions to Address Opioid Epidemic
The Global Center for Health Innovation (Global Center) and Accenture have formed a working group to explore data-driven solutions that better integrate the continuum of addiction services (first responders, ER and inpatient, outpatient, behavioral health) to improve treatment and move toward prevention. Announced at the Global Center’s second Executive Briefing, The Role of Private Capital in Attacking the Opioid Crisis, the working group will collaborate with key stakeholders to recommend a
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Post-HIMSS18: Where are the Interoperable Killer Apps in Healthcare?
In his HIMSS keynote address, Alphabet’s former executive chairman and now current technical advisor Eric Schmidt warned attendees that the “future of healthcare lies in the need for killer apps.” But he also cautioned that the transition to a better digitally connected health future isn't just one killer app, but a system of apps working together in the cloud. He also advocated transforming the massive amount of data held in EHRs into information and knowledge.Schmidt is correct in his
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