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Health IT | News, Analysis, Insights - HIT Consultant

Lumeon Lands $30M to Expand Care Pathway Management Platform

by Fred Pennic 08/11/2020 Leave a Comment

Medtronic to Leverage Lumeon’s Care Pathway Management Platform to Deliver Value-Based Care in Europe

What You Should Know: - Lumeon, the leader in care pathway orchestration announced it has raised $30M in Series D funding to extend the reach of its Care Pathway Management (CPM) platform. - The platform empowers providers to improve care quality, deliver better outcomes, reduce costs, and ultimately develop and scale new models of care delivery – particularly important right now as COVID-19 accelerates the technology-driven transformation of healthcare. Lumeon, a Boston,
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Top 5 RCM Challenges for Healthcare Executives in the COVID-19 Era and Beyond

by Brian Robertson, CEO at VisiQuate 08/11/2020 Leave a Comment

Top 5 RCM Challenges for Healthcare Executives in the COVID-19 Era and Beyond

There have been many memorable “where were you?” events since the 21st century began. But few can match the COVID-19 pandemic, at least from a healthcare perspective.  The effect on healthcare (and healthcare executives) has been particularly profound since our industry is in the center of everything. From the search for personal protective equipment (PPE) to setting up secure wings and field hospitals to instantly redeploying nurses from other floors to the emergency department (ED),
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T2 Tech Group Acquires Remote Patient Scheduling Service from Revint Solutions

by Jasmine Pennic 08/10/2020 Leave a Comment

T2 Tech Group Acquires Remote Patient Scheduling Service from Revint Solutions

What You Should Know: - T2 Tech Group, a Los-Angeles based leading IT consulting, advisory, and project management services provider, has just acquired the patient access and scheduling services division from Revint Solutions. - The coronavirus pandemic has created a vast backlog of patient appointments and compounded the strain on the healthcare industry. This acquisition allows T2 Tech Group to implement a comprehensive solution, T2 Flex Force, LLC, that brings cutting-edge virtual
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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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