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Health IT | News, Analysis, Insights - HIT Consultant

Leveraging AI and Machine Learning to Advance Interoperability in Healthcare

by Wilson To, Head of Worldwide Healthcare BD & Patrick Combes, Worldwide Technical Leader - Healthcare and Life Sciences at Amazon Web Services (AWS) 01/15/2020 Leave a Comment

Leveraging AI and Machine Learning to Advance Interoperability in Healthcare

(Left- Wilson To, Head of Worldwide Healthcare BD, Amazon Web Services (AWS) & Patrick Combes, Worldwide Technical Leader - Healthcare and Life Sciences at Amazon Web Services (AWS)- Right)Navigating the healthcare system is often a complex journey involving multiple physicians from hospitals, clinics, and general practices. At each junction, healthcare providers collect data that serve as pieces in a patient’s medical puzzle. When all of that data can be shared at each point, the puzzle is
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Medsphere Raises $40M to Expand Suite of SaaS EHR & RCM Solutions

by Jasmine Pennic 01/15/2020 Leave a Comment

Medsphere Raises $40M to Expand Suite of SaaS EHR & RCM Solutions

- Medsphere raises $40M in preferred equity investment to fund the expansion of efficient, flexible, subscription-based software solutions. - Medsphere has grown subscription revenue by over 400% using a combination of organic growth and accretive acquisitions, achieving a compounded annual growth rate of over 50%. Medsphere Systems Corporation, the leading provider of efficient and interoperable healthcare information technology (IT) software solutions, and services, today announced new $40
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Definitive Healthcare Analytics Firm PatientFinder to Expand Data Insights

by Jasmine Pennic 01/14/2020 Leave a Comment

Definitive Healthcare Analytics Firm PatientFinder to Expand Data Insights

- Definitive Healthcare acquires software analytics firm for life sciences PatientFinder to expand contextual data and insights within a business’s end-to-end commercialization effort.- With this acquisition, Definitive Healthcare will add an enormous new set of data fields through an acquisition that will dramatically change the views and analytics possible for patient care.Definitive Healthcare, a provider of data, insights, and analytics on the healthcare provider market has acquired
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How Multi-Payer Portals Incent Providers to Better Manage Their Data

by Mark Martin, Director of Payer solutions, Provider Data management for Availity 01/14/2020 Leave a Comment

Prior Authorizations: A Single Source of Truth for Provider Data Management

Mark Martin, Director of Payer Solutions for Availity Value-based healthcare demands meaningful payer-provider collaboration. However, burdensome administrative processes and inefficient solutions stunt the ability of payers and providers to share data, manage risk, validate credentials, process claims, control costs and optimize the consumer experience. These information bottlenecks are most acute in the area of provider data management (PDM). Each year, payers and providers spend more than
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Change Healthcare Unveils Breakthrough All-Payer Medical Claim Attachments Capability

by Fred Pennic 01/13/2020 Leave a Comment

Change Healthcare Unveils Breakthrough All-Payer Medical Claim Attachments Capability

- Change Healthcare unveils industry’s first nationwide solution that allows providers to submit documents and data, like claims attachments, electronically to all health plans in both the Medical and Workers’ Compensation market segments.- This new claim attachments solution also sets the stage for new additional uses of Artificial Intelligence.Today Change Healthcare announced major new enhancements to its medical claim attachments solution. These enhancements will create the industry’s first
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GHX Acquires Lumere to Advance Clinically Integrated Supply Chains

by Jasmine Pennic 01/13/2020 Leave a Comment

GHX Acquires Lumere to Advance Clinically Integrated Supply Chains

- Global Healthcare Exchange (GHX) announced it has acquired Chicago-based Lumere, a provider of evidence-based data and analytics solutions that enable healthcare organizations to build clinically integrated supply chains and optimize medication formulary management. - As reimbursement models move from fee-for-service to fee-for-value, GHX believes Lumere’s capabilities will extend its value to more directly improve patient outcomes at the lowest cost by empowering customers to make
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R1 RCM Acquires Patient Engagement Company SCI Solutions for $190M in Cash

by Fred Pennic 01/13/2020 Leave a Comment

R1 RCM Acquires Patient Engagement Company SCI Solutions for $190M in Cash

- R1 RCM announced the expansion of its tech platform capabilities through the acquisition of SCI Solutions, Inc (SCI). This acquisition enables healthcare providers to automate ordering, scheduling and authorization processes. - SCI’s capabilities integrated into R1’s revenue cycle solution will offer the broadest and deepest tech-enabled patient intake solution available. R1 RCM Inc, a provider of technology-enabled revenue cycle management (RCM) services to healthcare providers,
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RUSH Taps R1 for End-to-End Revenue Cycle Management, Value-Based Care Innovation Lab

by Fred Pennic 01/10/2020 Leave a Comment

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

- R1 RCM and Rush University Medical Center (RUSH) announce a new end-to-end revenue cycle management partnership to achieve revenue cycle performance excellence and accelerate innovation in healthcare. - The two will also collaborate to launch an innovation lab that will focus on delivering value-based care, incorporating advanced analytics to help to educate other healthcare institutions and preparing the healthcare workforce of the future.   Rush University System for Health (RUSH) has
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Zipnosis, GYANT Launch Holistic Digital Front Door for Healthcare Orgs

by Jasmine Pennic 01/09/2020 Leave a Comment

Kareo Sells Managed Billing Services Business to Health Prime International

- Zipnosis and GYANT join forces to offer a more intuitive and accessible digital patient experience with a digital front door for healthcare organizations. - The new joint solution combines GYANT’s chat-based AI patient engagement and evaluation capabilities with Zipnosis’ virtual and asynchronous care capabilities to improve the digital patient experience throughout the entire care journey, while simultaneously efficiently utilizing staff resources and improving care.  Zipnosis, a
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How Software Solutions Can Help ASCs Maximize the Revenue Cycle in 2020

by Tara Vail, Chief Operating Officer, HST Pathways 01/09/2020 Leave a Comment

How Software Solutions Can Help ASCs Maximize the Revenue Cycle

In the modern health care environment, health care executives must be careful custodians of precious resources. Yet in December 2018, 26 percent of hospitals still lacked an effective healthcare revenue cycle solution. Other research has found that over 60 percent of hospitals and health systems are not realizing optimal value from their electronic health record (EHR ) system, causing the organizations to collaborate with other vendors and outsourcing companies to improve revenue cycle
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