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Health IT | News, Analysis, Insights - HIT Consultant

M&A: HealthStream Acquires myClinicalExchange for $4.5M in Cash

by Fred Pennic 12/10/2020 Leave a Comment

HealthStream Acquires myClinicalExchange for $4.5M in Cash

What You Should Know: - HealthStream acquires substantially all of the assets of myClinicalExchange LLC,  for approximately $4.5 million in cash. - For the first time, HealthStream’s footprint expands to include the healthcare workforce before graduation, providing new opportunities to make the transition-to-practice by medical, nursing, and allied healthcare students more seamless. HealthStream, a Nashville, TN-based provider of workforce and provider solutions for the
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Cerner, Banner Health, Xealth Partner to Simplify How Clinicians Prescribe Digital Health

by Jasmine Pennic 12/10/2020 Leave a Comment

Cerner, Banner Health, Xealth Partner to Simplify How Clinicians Prescribe Digital Health

What You Should Know: - Cerner Corporation today announced with Xealth new centralized digital ordering and monitoring for health systems, starting with Banner Health, to foster digital innovation. - Health systems can prescribe digital therapeutics, smartphones, and internet apps directly within the EHR to address areas such as chronic disease management, behavioral health, maternity care, and surgery prep. Cerner, today announced it’s building on the recent collaboration with
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Elation Health Nabs $40M for Clinical-First Solution to Power Independent Primary Care

by Fred Pennic 12/10/2020 Leave a Comment

Elation Health Nabs $40M for Clinical-First Solution to Power Independent Primary Care

What You Should Know: - Elation Health, which provides an easy-to-use and affordable clinical technology platform for more than 14,000 independent primary care clinicians serving 7 million patients - including an EHR raises $40M in Series C funding from Al Gore's sustainable investment firm, Generation Investment Management. - Elation’s API-enabled platform also allows organizations to transform the patient and provider experience and implement their own models of data-driven,
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LeanTaaS Secures $130M for ML Platform to Help Hospitals Achieve Operational Excellence

by Fred Pennic 12/10/2020 Leave a Comment

LeenTaaS Secures $130M for ML Platform to Help Hospitals Achieve Operational Excellence

What You Should Know: - LeanTaaS raises $130 million in Series D Funding to strengthen its machine learning platform to continue helping hospitals achieve operational excellence during a time where they are facing mounting financial pressures due to COVID-19.  - LeanTaaS provides software solutions that combine lean principles, predictive analytics, and machine learning to transform hospital and infusion center operations to improve operational efficiencies, increase access, and
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Amazon Launches HealthLake for Healthcare Orgs to Aggregate & Structure Health Data

by Jasmine Pennic 12/08/2020 Leave a Comment

AWS Announces Amazon HealthLake

What You Should Know: - Amazon today announced the launch of Amazon HealthLake, a new HIPAA-eligible service enables healthcare organizations to store, tag, index, standardize, query, and apply machine learning to analyze data at petabyte scale in the cloud. - Cerner, Ciox Health, Konica Minolta Precision Medicine, and Orion Health among customers using Amazon HealthLake. Today at AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com company today announced Amazon
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Cerner Invests in Elligo to Make Clinical Trials Accessible for Health Systems of All Sizes

by Jasmine Pennic 12/08/2020 Leave a Comment

Cerner Invests in Elligo to Make Clinical Trials Accessible for Health Systems of All Sizes

What You Should Know: - Cerner announced a strategic investment in Elligo Health Research, a leading research organization that enables clinical trials with nationwide community-based health care practices. - Cerner plans to expand the data and tools available in the Cerner Learning Health Network to offer additional clinical trial resources to community and rural hospitals and physician practices. - Financial terms of strategic investment were not disclosed. Cerner
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PointClickCare Acquires Collective Medical for $650M to Create to Largest Combined Acute and Post-Acute Care Network

by Fred Pennic 12/08/2020 Leave a Comment

PointClickCare Acquires Collective Medical for $650M to Create to Largest Combined Acute and Post-Acute Care Network

What You Should Know: - PointClickCare announces its intent to acquire Collective Medical to create the largest combined acute and post-acute care network in North America for $650M. - Collective Medical’s platform connects more than 1,300 hospitals, thousands of ambulatory practices and long-term post-acute care (LTPAC) providers, as well as accountable care organizations (ACOs) and every national health plan in the country, across a 39-state network. - With the acquisition of
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5 Steps for Interoperability Excellence for Healthcare Providers

by Shanti Wilson, Consultant, Freed Associates 12/07/2020 Leave a Comment

5 Steps for Interoperability Excellence for Healthcare Providers

As if 2020 couldn’t be any more challenging for healthcare providers, new federal rules on interoperability and patient access, granting patients direct access to their healthcare data, begin taking effect in 2021 and will continue into 2022. These rules, while ultimately beneficial to patients, bring an additional level of operational complexity to many revenue-stressed healthcare organizations. If anything, the 2020 pandemic has illustrated the vast potential of interoperability. For
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CommonHealth App Connects to 230 Health Systems to Share Health Data – including COVID Test and Vaccine Status

by Fred Pennic 12/04/2020 Leave a Comment

What You Should Know: - CommonHealth has connected to 230 health systems in the United States, allowing patients to gather, manage and share their health and test data, including COVID test and vaccination status. By the end of this month, CommonHealth will connect to more than 340 health systems - CommonHealth extends the health data portability and interoperability model pioneered by Apple Health to the 55 percent of Americans with Android devices (85 percent globally) The Commons
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Innovaccer Launches COVID-19 Command Center to Help Healthcare Organizations Manage Their COVID-19 Operations

by Jasmine Pennic 12/04/2020 Leave a Comment

Innovaccer Launches COVID-19 Command Center to Help Healthcare Organizations Manage Their COVID-19 Operations

What You Should Know: - Innovaccer launches COVID-19 Command Center to assist healthcare organizations in optimizing their COVID-19 operations.   - The solution offers a unified information hub to manage COVID-19 resources and operations and empower teams with unprecedented visibility into their environment. Innovaccer, Inc., a San Francisco, CA-based healthcare technology company, today announced the launch of its COVID-19 Command Center to assist healthcare organizations in
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