What You Should Know:
Today, NexHealth announced its $125M Series C funding, bringing the company’s valuation to $1B for its patient experience platform.
- The funding will support the company in advancing its mission to create a more streamlined doctor and patient experience while building the seamless technological infrastructure needed for future health tech entrepreneurs to innovate upon.
NexHealth, a San Francisco, CA-based patient experience management platform
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Health IT | News, Analysis, Insights - HIT Consultant
Analysis: CMS Data Underestimates Hospital Labor Spending
What You Should Know:
- Centers for Medicare & Medicaid Services’ (CMS) payment adjustments did not adequately address hospitals increased costs for FY 2021, according to new data from Premier.
- The data reveals this discrepancy has resulted in hospitals receiving only a 2.4 percent rate increase, compared to a 6.5 percent increase in hospital labor rates, which account for 76 percent of hospital costs.
- The data CMS uses to account for real
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Physicians Say Access Challenges Impact Their Care Plans for Up to 33% of Patients
What You Should Know:
- Physicians would make a different therapy choice for 33% of patients if medication access was not a factor, and physicians had to change their treatment plan for 26% of patients due to medication access challenges, according to recent survey findings from OptimizeRX Corp.
- The results of a survey of 102 specialist physicians highlight how inefficient access pathways negatively impact patient care.
Survey Report Background
The survey, conducted in March
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Using NLP Technology To Uncover Real-World Patient Insights
It’s estimated that humans create a combined 2.5 quintillion bytes of data each day – and that around 90% of all data to ever exist was created in just the last few years. As difficult as it is to ignore the massive impact that connected technologies and social media have had on the way we experience our world, it’s somehow even more challenging to fully grasp the scale of it. For health researchers, this data explosion – and especially the rise
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Why a Focus on Behavioral Health is Key to Improving Quality Measures
Since the passage of the Medicare Improvements for Patients & Providers Act in 2008, the U.S. healthcare system has been moving towards value-based care (VBC) which encourages health providers to improve care quality by reimbursing them based on successful outcomes rather than individual medical services. The overarching goal of VBC is to improve the patient experience, improve population health, and reduce per capita health costs.
As part of this VBC model, hospitals and health systems
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Golden Valley Memorial Goes Live on MEDITECH Expanse Genomics
What You Should Know:
- MEDITECH announces that Golden Valley Memorial Healthcare (GVMH) is their first client to go live on Expanse Genomics, opening the organization’s possibilities for delivering precision medicine by allowing them to analyze and parse genetic results into discrete, actionable data, displayed directly in patient charts.
- Providers can order genetic testing directly in Expanse, and the results will be received and stored in a codified format along with full PDF reports
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Synergy Health Partners Acquires SoCal Anesthesia Solutions, Inc.
What You Should Know:
- Synergy Health Partners, a hospital services company that improves access to patient care through innovative and custom orthopedic and general surgeon staffing programs, today announced the acquisition of SoCal Anesthesia Solutions, Inc. Financial terms of the deal were not disclosed.
- Founded in 2019 by Dr. Jay Rindenau, SoCal Anesthesia Solutions is one of southern California's most trusted anesthesiology providers. They currently serve four healthcare
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Transcarent Launches Oncology Care for Collaborative Cancer Care Experience
What You Should Know:
- Transcarent, a new, different, and better health and care experience company for employees of self-insured employers and their families launches Transcarent Oncology Care, a collaborative cancer care experience that connects employees and their families with high-quality cancer care from leading cancer institutes, top-rated oncology providers and researchers, and clinical trial identification irrespective of their geographic location.
- Transcarent Oncology Care
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The Critical Shift in ASC EHR Adoption: Overcoming Barriers
Extraordinary advances in technology have opened up previously unthinkable possibilities for the healthcare industry and improvements in patient care. Electronic health records (EHRs) are one of many health IT advancements in recent years, and they prove to have a significant impact on both providers and patients alike. While an EHR optimizes workflow efficiencies for providers, it also enables a more comprehensive view of a patient’s health. By pulling together data points and health
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Is Empathy The Key to Healthcare Collections in 2022?
As we enter into the third year of the global health emergency, the impact on healthcare continues to evolve. With the ever-changing landscape, comes an opportunity to reflect, learn, and adapt to the times. Throughout the pandemic, COVID-19’s impact on hospital entities has not been specific to clinical care – it has rippled through the institution to every level, including revenue cycle management (RCM).
While RCM and collections once had a negative connotation, the pandemic has presented
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