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Health IT | News, Analysis, Insights - HIT Consultant

Verisk Launches EHR Triage Engine to Help Speed Approval of Life Insurance Apps

by Jasmine Pennic 08/10/2020 Leave a Comment

Verisk Launches EHR Triage Engine to Help Speed Approval of Life Insurance Apps

What You Should Know: - Verisk launches its new EHR Triage Engine, a tool that uses data from consumer-authorized electronic health records (EHRs) to help life insurers fast-track many applications for coverage. - The EHR Triage Engine bypasses manual workflows, leveraging advanced predictive analytics and automation to digitally ingest and analyze EHRs and the tool can evaluate 95,000 impairments in five minutes or less. Verisk, a data analytics provider, announced today the launch
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Redox Adds Data on Demand, Single Sign-On Access to Interoperability Platform

by Jasmine Pennic 08/07/2020 Leave a Comment

Redox Launches Rapid Deployment Telehealth Model for Providers to Go-Live in Less Than 2 Weeks

What You Should Know: - Redox adds data on demand and single sign-on access features to its cloud interoperability platform to help to simplify the process of developing software for healthcare. - Both new features are now available to all customers on the Redox platform. Redox Inc., a Madison, WI-based interoperability platform for healthcare data exchange, unveiled Data on Demand, which enables software developers to query any electronic health record (EHR) or healthcare data source
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Analysis: July Health IT M&A Activity; Public Company Performance

by Healthcare Growth Partners (HGP) 08/07/2020 Leave a Comment

Analysis: July Health IT M&A Activity; Public Company Performance

– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of July 2020. While a pandemic ravages the country, technology valuations are soaring.  The Nasdaq hit an all-time high during the month of July, sailing through the 10,000 mark to post YTD gains of nearly 20%, representing a 56% increase off the low water mark on March 23.  More notably, the Nasdaq has outperformed
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Cerner Invests in Xealth to Jointly Develop Digital Health Solutions for Clinicians

by Fred Pennic 08/06/2020 Leave a Comment

Digital Prescribing Platform Xealth Raises $11M to Expand Digital Health Tools

What You Should Know: - Cerner and Xealth announce a collaboration to foster tighter physician-patient relationships by giving patients easier access to digital health tools. - These assets will be prescribed directly within the physician’s EHR workflow to manage conditions including chronic diseases, behavioral health, maternity care, and surgery preparation. - Cerner and LRVHealth have together invested $6 million in Xealth as part of this agreement, with Cerner and Xealth planning
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Patient Payment Strategies to Accelerate Cash Flow Amid COVID-19

by David Shelton, PatientMatters CEO 08/05/2020 Leave a Comment

Payment Strategies to Accelerating Cash Flow Amid COVID-19

In the past few months, the COVID-19 pandemic has shaken societies, economies, and human wellbeing to the core. While protecting public health and welfare are top priorities for hospitals, the harsh reality is that it takes cash to keep the doors open and serve patients effectively. Revenue is down significantly as a result of canceled elective surgeries, while the costs of medical supplies and in-demand personal protective equipment for workers have skyrocketed. Hospitals’ operating challenges
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Centauri Health Acquires AppRev to Enhance Hospital Revenue Cycle Optimization

by Fred Pennic 08/05/2020 Leave a Comment

Centauri Health Acquires AppRev to Enhance Hospital Revenue Cycle Optimization

What You Should Know: - Centauri Health Solutions acquires Applied Revenue Analytics (AppRev) for undisclosed terms to enhance Centauri’s market leadership in hospital revenue cycle optimization. - AppRev delivers technology-enabled revenue cycle optimization services in a Software-as-a-Service (SaaS) model. Centauri Health Solutions (“Centauri” or the “Company”), an innovative healthcare technology and services company, announced today that it has acquired Applied Revenue Analytics
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RUSH, R1 Launch Innovation Lab to Drive Value-Based Care & Advanced Analytics

by Jasmine Pennic 08/05/2020 Leave a Comment

Rush University Medical Center Taps R1 for End-to-End Revenue Cycle Management, Innovation Lab

What You Should Know: - Rush University System for Health (RUSH) and R1 RCM Inc. launches a joint Innovation Lab to deliver solutions to improve the quality of care for patients. - The Innovation Lab is expected to commercialize its solutions beginning in 2021. Rush University System for Health (RUSH) and R1 RCM Inc., a provider of technology-enabled revenue cycle management (RCM) services to healthcare providers, announced the launch of a joint Innovation Lab to deliver solutions
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Imprivata Introduces Digital Identity Framework for Healthcare Organizations

by Jasmine Pennic 08/04/2020 Leave a Comment

Imprivata Introduces Digital Identity Framework for Healthcare Organizations

What You Should Know: - Imprivata introduces a new framework to help healthcare organizations manage digital identities and support remote/virtual care. - Framework designed to help organizations develop and implement a robust, comprehensive digital identity strategy to address healthcare’s unique security, compliance, and workflow challenges. Imprivata, the digital identity company for healthcare, building on the work done by H-ISAC, today introduced
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How Times of Crisis Spur Needed Change in Healthcare Delivery

by Christina Perkins, VP Product Management and Strategy for NaviNet, NantHealth 08/04/2020 Leave a Comment

How Times of Crisis Spur Needed Change in Healthcare Delivery

As the COVID-19 pandemic continues to change healthcare operations in the world, foundational systems are being adapted to meet these new demands. Sometimes it takes extreme circumstances to see the cracks in a system. COVID-19 has exposed areas with more room for improvement in the healthcare system, such as optimizing operational efficiency. Organizations and individuals have changed their interactions, processes, ways of working, treatment plans, and even foundational technology. As the
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DAS Health Acquires Managed IT Services and CyberSecurity Company Technology Seed

by Fred Pennic 08/03/2020 Leave a Comment

DAS Health Lands $6M to Accelerate Company Acquisition Strategy

- Both companies’ clients will gain an increased depth of IT and security support, and Technology Seed’s healthcare clients will now have a substantially improved value proposition DAS Health Ventures, Inc., a provider of health IT and management, announced today it completed the acquisition of Technology Seed, LLC, a managed IT and cybersecurity services company based in Salem, NH. This acquisition strengthens DAS’ position in the MSP sector and significantly advances its growth strategy to
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