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Health IT | News, Analysis, Insights - HIT Consultant

LifePoint to Acquire Kindred Healthcare, Invest $1.5B Over 3 Years

by Fred Pennic 06/22/2021 Leave a Comment

LifePoint to Acquire Kindred Healthcare, Invest $1.5B Over 3 Years

What You Should Know: - LifePoint Health and Kindred Healthcare announced they have entered into a definitive agreement for LifePoint to acquire Kindred Healthcare. Financial terms of the acquisition were not disclosed. -   The acquisition enhances LifePoint’s commitment to providing high-quality care close to home with Kindred’s specialty hospital and rehabilitative expertise and emerging behavioral healthcare platform. - In addition, LifePoint to invest $1.5 billion over the
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AI + Human Intelligence — A More Effective Solution for the Healthcare Payment Lifecycle

by Navaneeth Nair, Chief Product Officer at Infinx Healthcare 06/22/2021 Leave a Comment

AI + Human Intelligence — A More Effective Solution for the Healthcare Payment Lifecycle

Much has been written about the advent of Artificial Intelligence (AI) in the healthcare payment lifecycle, but has it been oversimplified? The straightforward answer is yes. Many articles have characterized AI as the end-means antidote that will solve all revenue cycle management (RCM) issues and easily streamline the reimbursement process from beginning to end. In fact, many of the products in today’s marketplace promise a complete solution based almost entirely on AI. But, looking at this
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eCaring Acquires Home Care Agency Platform Home Care IT – M&A

by Fred Pennic 06/21/2021 Leave a Comment

eCaring

What You Should Know: - eCaring, an integrated software platform that aligns the entire in-home care team, has acquired Home Care IT, a secure, web-based software product for home care agencies based in Lexington, MA. - Home Care IT™ is a feature-rich, web-based, home care management software for non-medical home care and personal care agencies.  The product consolidates and simplifies many of the important tasks required for the management of a home care agency and drives
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Surprise! Patient Engagement is About the Individual

by Tim Aumueller, co-CEO of Avidon Health 06/21/2021 Leave a Comment

Surprise! Patient Engagement is About the Individual

It’s well understood that patient engagement leads to better outcomes. A powerful way to boost engagement is by delivering a personalized care experience so that patients can manage their condition in a way that best aligns with their lifestyle and goals. Two of the most effective patient engagement initiatives include: 1) clinicians spending more time with patients and, 2) shared decision making. Although clinicians would prefer more face-to-face time with patients to better assess their
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Jonathan Bush’s Second Venture Zus Health Launches with $34M for Health Data Interoperability Platform

by Fred Pennic 06/17/2021 Leave a Comment

Jonathan Bush's Second Venture Zus Health Launches with $34M for Health Data Interoperability Platform

What You Should Know:    - Former athenahealth founder and CEO Jonathan Bush, today announced the launch of Zus Health (“Zus” pronounced Zoos like the father of Athena) focused on creating the industry’s first shared development platform backed by a shared data record. - The company is launching with the close of $34M in Series A funding led by Andreessen Horowitz (a16z), F-Prime Capital, Maverick Ventures, Rock Health, Martin Ventures and Oxeon Investments also participated in
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HHS Establishes $80M Public Health IT Workforce Program

by Jasmine Pennic 06/17/2021 Leave a Comment

HHS Launches EHR Innovations for Improving Hypertension Challenge_HHS Funded Health Care Innovation Award Projects to Watch

What You Should Know: - The U.S. Department of Health and Human Services’ (HHS) Office of the National Coordinator for Health Information Technology (ONC) today announced the establishment of an $80M Public Health Informatics & Technology Workforce Development Program (PHIT Workforce Program) to strengthen U.S. public health informatics and data science. - The PHIT Workforce Program aims to train more than 4,000 individuals over a four-year period through an interdisciplinary approach
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Doximity’s Medical Social Network Launches Announces IPO at $4B Valuation

by Fred Pennic 06/15/2021 Leave a Comment

Social Network for Medical Professionals Doximity Launches IPO

What You Should Know: -  Doximity, a leading digital platform for U.S. medical professionals announced its initial public offering (IPO) of 23,300,000 shares of its Class A common stock.  - The initial public offering price is expected to be between $20.00 and $23.00 per share. Doximity's Class A common stock is expected to trade on the New York Stock Exchange under the symbol "DOCS." - Founded in 2010, Doximity is the leading digital platform for U.S.
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KLAS: Growth of Drug Diversion Monitoring Market

by Jackson Tate, Research Director, Pharmacy Solutions, at KLAS Research 06/15/2021 Leave a Comment

KLAS: Growth of Drug Diversion Monitoring Market

Often when we talk about the opioid epidemic, the focus is rightly on the suffering that the situation has caused. However, it’s important not to miss the surrounding context of this crisis, and what various health systems have started to uncover.  Currently, health systems face a huge challenge in tracking and managing their controlled substances. One of the technology-based solutions to the problem is drug diversion monitoring systems, which KLAS reported on in a recent report. While
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Beacon Health Launches Digital Patient Access Experience via Kyruus ProviderMatch Platform

by Jasmine Pennic 06/15/2021 Leave a Comment

What You Should Know: - Beacon Health System, a non-profit health system serving northern Indiana and southern Michigan, has launched a new digital patient access experience through the Kyruus ProviderMatch platform. The health system is now making it easier for both new and existing patients to search for care system-wide online, as well as self-schedule appointments with a growing number of providers. - After building its new enterprise-wide provider directory with Kyruus for its more
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Elevate Health Taps Innovaccer to Redefine Its Care Management Model – PHM

by Jasmine Pennic 06/14/2021 Leave a Comment

Elevate Health Taps Innovaccer to Redefine Its Care Management Model - PHM

What You Should Know: - Elevate Health, a Washington-based nonprofit Accountable Community for Health (ACH) organization, has partnered with us to leverage the Innovaccer Health Cloud to strengthen care management and improve patient outcomes. It was challenged to integrate data from disparate sources and close gaps for hundreds of patient records. - With the Innovaccer Health Cloud, Elevate Health saved $6M in care costs and redefined its care management
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