– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of August 2020.
M&A is back and the velocity of the rebound has outpaced all expectations. The recovery quickly worked its way across the spectrum from large to small-cap, beginning with the larger cap NASDAQ rally of nearly 80% from lows in late March (only to soften in recent days), followed by multi-billion
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Health IT | News, Analysis, Insights - HIT Consultant
MEDITECH Launches Expanse Virtual Assistant Through Nuance
What You Should Know:
- MEDITECH launches Expanse Virtual Assistant, enabling
users to quickly access, navigate, and control the EHR using advanced Nuance
Dragon Medical Virtual Assistant technology.
- Physicians can leverage Expanse Virtual Assistant to
navigate and search patient charts for key areas of information including lab
results, medications, allergies, radiology images, and more.
MEDITECH and Nuance Communications Inc. (Nuance),
today announced a collaboration to
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DrChrono EHR Adds Live Chat, PDMP, Inline Charting, Vital Flowsheet Features
What You Should Know:
- DrChrono continues to modernize EHR platform with the
addition of new features live chat and prescription drug monitoring program.
- As doctors continue to work remotely due to COVID-19,
new features allow for more efficiency and seamless patient data processing via
the platform.
DrChrono Inc.,
the company developing the essential platform and services for modern medical
practices, announced today the availability of its newest features, Live Chat,
which
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AMA Approves 2 New CPT Codes to Support Response to COVID-19
What You Should Know:
- The American Medical Association adds two new CPT codes
to streamline the reporting of innovative tools and services now available to
help reduce the COVID-19 disease burden.
- The two new codes 99072 and 86413 have been approved for immediate use.
The American Medical Association (AMA) published
an update to the Current Procedural Terminology (CPT®) code set that
includes two code additions for reporting medical services sparked by the
public
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AI Collaboration Saves Pharmacies 5.5 Hours Monthly on Critical Administrative Tasks
What You Should Know:
- DrFirst partners with a Kansas-based pharmacy management system (PMS) provider to improve safety and efficiency in hundreds of pharmacies across the country.
- Speed Script is integrating DrFirst’s SmartSig technology into its suite of pharmacy management solutions (PMS) used by the community and long-term care pharmacies countrywide.
- Using the two technologies could save pharmacies processing
more than 250 prescriptions a day
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Keck Medicine of USC Deploys Virtual Check-Ins to Reduce Risk of COVID-19 Exposure
What You Should Know:
- Keck Medicine of USC, a world-class academic medical
center in Los Angeles, has deployed Lumeon’s SMS-based virtual check-in
solution to support physical distancing and reduce the risk of COVID-19
exposure at its facilities.
- Keck Medicine is now more safely managing check-ins for more than 80,000 patients per month. During the first ten days of system operation, 67% of eligible patients checked-in virtually for their appointments.
To support physical
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How Can Health IT Address Socially Determined Risk amid COVID-19?
Many have argued that the COVID-19 pandemic is a “black swan”: a catastrophic event that can only be understood with the benefit of hindsight. While there is some appeal to this observation, the originator of the black swan theory, Naseem Taleb, strongly refutes this assertion. He counters that COVID-19 was a “white swan”—a predictable event with predictable consequences.
New federal data shows that Latinos and African Americans living in the US are three times as likely to become
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Walmart, Oak Street Health to Launch 3 Health Clinics in Dallas-Fort Worth Area
What You Should Know:
- Walmart and Oak Street Health ink a partnership to
launch three joint health clinics in the Dallas-Forth Worth, TX area this year.
- Each clinic will offer value-based primary care and urgent
care services with a focus on adults on Medicare.
Retail leader Walmart
announced a partnership with Oak
Street Health, a value-based
primary care network for adults on Medicare to launch three joint health
clinics the Dallas-Forth Worth, TX area.
The new Oak Street
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Humana Taps Salesforce to Power its Enterprise Clinical Operating Model
What You Should Know:
Health insurer Humana has selected Salesforce to deliver
a more connected, personalized healthcare experience for its members.
- Through a new multi-year agreement, Humana will
capitalize on infrastructure and capabilities offered by Salesforce Health
Cloud to create an integrated health experience for its members.
Health insurer Humana has inked a new multi-year agreement with Salesforce to deploy Salesforce Health Cloud to help power its Enterprise Clinical
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How The Cloud Will Revolutionize Your Healthcare Network
Advances in medical devices have greatly improved healthcare but many of these devices are not living up to their full potential. As things stand, too many of these devices only help to provide care. Instead, they must be integrated with cloud computing to upload valuable data to hospital networks, where practitioners and management teams can access it to gain context, make better decisions, further enhance patient care and improve return on investment (ROI).
Adding objective context
No
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