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Health IT | News, Analysis, Insights - HIT Consultant

Firefly Health Raises $40M to Expand Virtual Primary Care Platform

by Fred Pennic 04/07/2021 Leave a Comment

Firefly Health Raises $40M to Expand Virtual Primary Care Platform

What You Should Know: - Firefly Health, a virtual-first healthcare company with a mission of delivering half-priced healthcare that’s twice as good, has announced that it has recently closed $40M in Series B financing, led by Andreesen Horowitz (a16z). a16z General Partner Julie Yoo will also join the Firefly Health board. - Led by former athenahealth CEO Jonathan Bush, Firefly cracks the primary care code through supreme convenience, proactive support, and intelligent navigation. Every
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MEDITECH, WELL Health Partner to Enhance Digital Patient Engagement

by Fred Pennic 04/07/2021 Leave a Comment

MEDITECH, WELL Health Partner to Enhance Digital Patient Engagement

What You Should Know: - MEDITECH recently announced Expanse Patient Connect, powered by WELL Health, a contemporary, mobile solution enabling bidirectional, communication between healthcare organizations and their patients. Available through the MEDITECH Cloud Platform, the solution leverages WELL Health’s automated patient interaction functionality to improve provider efficiency and keep patients and their families connected to their care in the most convenient way
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Mass General, AstraZeneca Pilot Digital Health Program for Asthma, Heart Failure

by Jasmine Pennic 04/06/2021 Leave a Comment

What You Should Know: - Massachusetts General Hospital (MGH) today announced with AstraZeneca to pilot a new digital health platform focused on heart failure and asthma studies to help improve outcomes for patients with chronic diseases. - This collaboration is being led by the MGH Center for Innovation in Digital Healthcare (CIDH) and will utilize AstraZeneca’s new AMAZE disease management platform in studies for heart failure and asthma management. These first two studies will pilot
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Inbox Health Raises $15M for Intelligent Patient Billing Engagement Platform

by Fred Pennic 04/05/2021 Leave a Comment

Inbox Health Raises $15M for Intelligent Patient Billing Engagement Platform

What You Should Know: - Inbox Health, the platform modernizing patient payments announced it has raised $15M in Series A funding led by Commerce Ventures with participation from new and existing investors, including venture firms Vertical Venture Partners, Healthy Ventures, Collaborative Fund, Fairview Capital, CT Innovations, and I2BF Global Ventures, as well as several industry leading individuals including Bill Clerico, Co-Founder and Former CEO of WePay. - The company plans to utilize
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Boost Operational, Clinical and Financial Performance with Good Data

by Pete Nelson, Vice President and General Manager, Global Alliances, GHX 04/01/2021 Leave a Comment

There’s an old adage that every challenge is merely an opportunity in disguise. COVID-19 highlighted the healthcare industry’s ongoing challenge with producing clean, standardized data. As the industry looks to rebound from the severe financial impact of the pandemic, there’s a renewed urgency among hospitals and health networks to improve operational efficiency.  The push toward greater operational efficiency – in a time of constrained budgets and resources – has accelerated
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CVS Health Inks Larger PBM Contract with Federal Employee Program, Adds Specialty Pharmacy Care

by Fred Pennic 03/31/2021 Leave a Comment

CVS Health Launches Transform Oncology Care Program, Partners with Tempus

What You Should Know: - Today, CVS Caremark, the Pharmacy Benefit Manager (PBM) of CVS Health announced a larger PBM contract with the Government-wide Service Benefit Plan (also known as the Federal Employee Program), which has provided benefits to the federal workforce for 60 years and covers 5.5 million employees, retirees and their families. CVS Health has been the pharmacy benefit manager for the Service Benefit Plan since 1993 and has partnered with them to provide and evolve the
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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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