What You Should Know:
- Innovaccer raises $150M Series E round at a $3.2B valuation as health systems adopt its Innovaccer Health Cloud to accelerate digital transformation.
- Launches new Innovation Accelerators to help customers tackle the most common and high-impact clinical, operational, and financial use cases.
Innovaccer Inc. a Silicon Valley-based healthcare data platform company, announced a $150 million Series E round at a $3.2 billion valuation led by Mubadala Capital, with
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Health IT | News, Analysis, Insights - HIT Consultant
Rethink Scheduling: Prepare for Positive Impact
As with so many other aspects of life, the COVID-19 pandemic has shaken up what healthcare organizations thought they knew about provider scheduling. No longer can they take for granted that existing scheduling workflows will work equally well in all scenarios.
If nothing else, the pandemic has taught health systems to expect the unexpected. It’s not quite enough just to satisfy today’s needs. It’s imperative health systems also anticipate worst-case scenarios ranging from pandemics and
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XIFIN Acquires OmniSYS to Expand into Pharmacy Market – M&A
What You Should Know:
- XIFIN enters the pharmacy market with the acquisition of OmniSYS to support the healthcare industry shift to more convenient, cost-effective care settings; provides a technology-driven connection between pharmacies, diagnostic providers, and payors.
- The XIFIN/OmniSYS transaction is aligned with this activity and will support retail pharmacies as they move in this direction. Driven by the COVID-19 pandemic on top of the increasing consumerization of healthcare and
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Prolucent Health Raises $11.5M for Healthcare Workforce Optimization Platform
What You Should Know:
- Prolucent Health raises $11.5 million In Series A funding To advance workforce optimization In healthcare.
- Prolucent Health will use the new capital to further expand its sales, marketing, and client services teams and broaden product capabilities.
Prolucent Health®, a provider of enterprise-wide healthcare workforce optimization software and services, today announced it has raised $11.5 million in Series A funding co-led by SpringTide Ventures
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M&A: Phreesia Acquires Insignia Health to Improve Patient Experience
What You Should Know:
- Phreesia’s acquires Insignia Health, a mission-oriented company dedicated to improving health outcomes through patient activation.
- Insignia has an exclusive worldwide license for the Patient Activation Measure® (PAM®).
Phreesia, a customized patient intake software platform today announce it has acquired Insignia Health, LLC, a founder-led and mission-oriented company dedicated to improving health outcomes through patient activation. The acquisition is a
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M&A: CentralReach Acquires ABA Tools
What You Should Know:
- CentralReach, a provider of electronic medical record (EMR) software and services for ABA and related behavioral health providers, today announced the acquisition of ABA Tools, a software provider of digital materials for applied behavior analysis (ABA) therapy providers.
- The acquisition adds to CentralReach’s suite of end-to-end solutions and provides ABA organizations with an alternative to paper-based learning materials,
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Deploying Advanced Decision Support for Better Sepsis Management
As the leading cause of hospital deaths in the United States, sepsis is a significant concern for patients and providers alike. In a 2020 study, the World Health Organization found a 46% mortality rate for patients treated in the ICU for sepsis. Sepsis care is expensive, costing the US healthcare system an estimated $33 billion per year. Data shows a single admission for sepsis care can cost anywhere between $22,000 and $70,000, making it the most expensive infection for hospitals, and
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Health Systems Cite Telehealth as Top Tool to Improve Patient Access in 2022
What You Should Know:
- Improving patient access to medical services is a top priority for health system leaders in 2022, according to new research from the Center for Connected Medicine (CCM) and KLAS Research.
- According to new research, patient access was identified by health system leaders as the challenge in healthcare that can be best addressed with telehealth in the coming year.
Nearly 99% of health systems identified improving patient access as a “high” or “very high”
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Medical Bills Continue to Plague Consumers as Source of Anxiety, Mystery and Frustration
What You Should Know:
- More than half (55%) of consumers find it stressful paying a medical bill, understanding their plan's coverage and benefits (53%) or comprehending what they owe (53%), according to results of Cedar’s Annual Healthcare Consumer Experience Study.
- 4 in 10 (41%) are unsatisfied with their billing experiences, and nearly 90% of consumers would find it at least "somewhat useful" if their healthcare provider posted pricing information on their website around expected
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Prior Authorizations: 3 Ways to Reduce Administrative Burden & Burnout
Medicare’s annual enrollment period has started, and you know what that means: a slew of commercials suddenly appearing on television for Medicare Advantage plans.
The advertising appears to be working. Enrollment in Medicare Advantage has more than doubled over the past decade to more than 26 million people this year. The private health plans, which are an alternative to traditional Medicare, account for 42% of the total Medicare population.
The growth of Medicare Advantage, though, has
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