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Health IT | News, Analysis, Insights - HIT Consultant

Google Cloud Launches Healthcare Interoperability Readiness Program

by Fred Pennic 11/30/2020 Leave a Comment

Google Cloud Launches Healthcare Interoperability Readiness Program

What You Should Know: - Google Cloud launches Healthcare Interoperability Readiness Program to help healthcare organizations achieve healthcare data interoperability. Today, Google Cloud launched the Google Cloud Healthcare Interoperability Readiness Program, helping organizations achieve data interoperability in advance of upcoming HHS deadlines and to enable future innovation. Alongside partners like Bain, BCG, Deloitte, HCL, KPMG, SADA, and more, the Healthcare
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Hospitals Hit with Low Volumes, High Expenses, Poor Margins as COVID-19 Cases Mount

by Fred Pennic 11/30/2020 Leave a Comment

Hospitals Hit with Low Volumes, High Expenses, Poor Margins as COVID-19 Cases Mount

What You Should Know: - October was a challenging month for hospitals and health systems nationwide amid ongoing instability spurred by the COVID-19 pandemic, according to Kaufman Hall’s latest Hospital Flash Report. - Margins and volumes fell, revenues flattened, and expenses rose as COVID metrics continued to climb and some states moved to retighten social distancing guidelines. - As of Oct. 31, the number of daily U.S. COVID cases reached a high of more than 90,500 and related
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HealthStream Acquires Change Healthcare’s Staff Scheduling Business for $67.M

by Fred Pennic 11/30/2020 Leave a Comment

HealthStream Acquires Change Healthcare’s Staff Scheduling Business for $67.M

What You Should Know: - HealthStream acquires Change Healthcare’s staff scheduling business for $67.5M in cash which includes the ANSOS™ Staff Scheduling (“ANSOS”) platform and related products. - The acquisition will help establish HealthStream as a market leader in healthcare workforce scheduling business. HealthStream, a leading provider of workforce and provider solutions for the healthcare industry has entered into a definitive agreement to acquire Change Healthcare’s
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NLP is Raising the Bar on Accurate Detection of Adverse Drug Events

by David Talby, CTO, John Snow Labs 11/30/2020 Leave a Comment

NLP is Raising the Bar on Accurate Detection of Adverse Drug Events

Each year, Adverse Drug Events (ADE) account for nearly 700,000 emergency department visits and 100,000 hospitalizations in the US alone. Nearly 5 percent of hospitalized patients experience an ADE, making them one of the most common types of inpatient errors. What’s more, many of these instances are hard to discover because they are never reported. In fact, the median under-reporting rate in one meta-analysis of 37 studies was 94 percent. This is especially problematic given the negative
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Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others

by Fred Pennic 11/25/2020 Leave a Comment

Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others

CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of furniture retailer Crate & Barrel and has nearly 20 years of global retail experience. The Cleveland Clinic and Amwell joint venture appoint
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M&A: CompuGroup Medical Acquires eMDs for $240M

by Fred Pennic 11/25/2020 Leave a Comment

M&A: CompuGroup Medical Acquires eMDs for $240M

What You Should Know: - CompuGroup Medical (CGM) acquires eMDs, Inc. (eMDs), a leading provider of healthcare IT with a focus on doctors' practices in the US, reaching an attractive size in the biggest healthcare market worldwide. - CGM is building an attractive platform for future growth through complementary product portfolios and the ability to provide comprehensive solutions for doctors' practices. CompuGroup Holding USA, Inc., a 100 % subsidiary of CompuGroup Medical SE
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Philips Unveils Vendor-Neutral Radiology Operations Command Center, Automated Radiology Workflow Suite

by Jasmine Pennic 11/24/2020 Leave a Comment

Philips Unveils Vendor-Neutral Radiology Operations Command Center, Automated Radiology Workflow Suite

What You Should Know: - Philips unveils a new multimodality virtual imaging command center that enables real-time, remote collaboration to broaden expertise between technologists, radiologists, and imaging operations teams across multiple sites via private, secure telepresence capabilities. - In addition, Philips debuts AI-enabled, automated Radiology Workflow Suite at RSNA 2020 to advance precision diagnosis into clear care pathways and predictable outcomes. Philips today
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GE Healthcare Unveils First X-Ray AI Algorithm to Assess ETT Placement for COVID-19 Patients

by Fred Pennic 11/24/2020 Leave a Comment

Why GE Healthcare Won’t Sell its Health IT Business

What You Should Know: - GE Healthcare announced a new artificial intelligence (AI) algorithm to help clinicians assess Endotracheal Tube (ETT) placements, a necessary and important step when ventilating critically ill COVID-19 patients. - The AI solution is one of five included in GE Healthcare’s Critical Care Suite 2.0, an industry-first collection of AI algorithms embedded on a mobile x-ray device for automated measurements, case prioritization, and quality control. GE Healthcare
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Signify Health Acquires Healthcare Payment Blockchain Company PatientBlox

by Fred Pennic 11/23/2020 Leave a Comment

Signify Health Acquires Healthcare Payment Blockchain Company PatientBlox

Signify Health, a leading provider of technology-enabled healthcare solutions designed to keep people healthy and happy at home has acquired PatientBlox, an Atlanta-based technology company with deep expertise in applying distributed ledger technology in healthcare. The acquisition accelerates Signify's prospective provider payment capabilities for episodes of care, supporting the company's commitment to advance value-based care through novel payment and risk arrangements. Financial details of
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VA Taps Appriss for Drug Monitoring to Curb Substance Abuse

by Jasmine Pennic 11/20/2020 Leave a Comment

Why The Opioid Epidemic Makes EHRs Essential To Public Health

What You Should Know: - The Department of Veteran Affairs is working with Appriss Health to tackle the veteran opioid epidemic via drug monitoring. - The tool will give VHA prescribers more complete clinical information, including controlled substance prescription histories, for patients, helping clinicians identify and prevent prescription drug misuse, resulting in better-informed care decision-making and improving patient safety.  Appriss Health, a provider delivering
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