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Health IT | News, Analysis, Insights - HIT Consultant

Former KKR Vet Jim Momtazee Launches Healthcare Investment Firm, Patient Square Capital

by Fred Pennic 08/17/2020 Leave a Comment

Jim Momtazee and Maria Walker form health care investment firm Patient Square Capital

What You Should Know: - Former KKR veteran Jim Momtazee announced the launch of Patient Square Capital, a partnership being purpose-built to become the preeminent investment firm in healthcare.  - Patient Square will partner with best-in-class management teams whose products, services, and technologies improve health.  - Prior to Patient Square, he spent over 21 years at KKR, initially joining in 1996. He helped establish the firm’s health care industry group in 2001 and
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Memorial Health Deploys Chatbots to Virtualize Waiting Room Experience

by Fred Pennic 08/14/2020 Leave a Comment

What You Should Know: - Memorial Health System selects LifeLink Conversational AI technology to virtualize the waiting room experience for patients - Mobile chatbots to automate intake for telehealth and in-person visits, while maintaining COVID-19 social distancing and safety protocols. Memorial Health System , a community-based, not-for-profit corporation serving the people and communities of central Illinois through five hospitals has selected LifeLink to deploy advanced
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Cerner Launches AI-Powered Command Center Dashboard for COVID-19 Response

by Fred Pennic 08/13/2020 Leave a Comment

Cerner Launches AI-Powered Command Center Dashboard for COVID-19 Response

What You Should Know: - Cerner launches a new Command Center dashboard to help organizations visualize and optimize operations in a centralized location by leveraging real-time data and predictive analytics to provide situational awareness and decision support during COVID-19. - Powered by AI and predictive models, helps organizations align patient needs, staffing, and resources to improve care and operational efficiency. Healthcare IT leader Cerner recently launched a new tool to
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Waystar Acquires Medicare RCM Company eSolutions at $1.3B Valuation

by Fred Pennic 08/13/2020 Leave a Comment

Waystar Acquires Medicare RCM Company eSolutions at $1.3B Valuation

What You Should Know: - Revenue cycle management provider Waystar acquires eSolutions, a provider of Medicare and Multi-Payer revenue cycle management, workflow automation, and data analytics tools at a $1.3B valuation. - The acquisition will create the first unified healthcare payments platform with both commercial and government payer connectivity, resulting in greater value for providers. Waystar, a provider of healthcare payments software, today announced a definitive agreement
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Cone Health to Merge with Sentara Healthcare Totaling $11B in Assets

by Fred Pennic 08/13/2020 Leave a Comment

Cone Health to Merge with Sentara Healthcare Totaling $11B in Assets

What You Should Know: - Cone Health has signed a letter of intent to merge with Norfolk, Virginia-based Sentara Healthcare for a combined $11B in assets. - The merger creates one large health system totaling of 17 hospitals – 11 Sentara hospitals in Virginia and one in Elizabeth City, N.C., and five Cone Health hospitals in the area surrounding Greensboro. Cone Health has signed a letter of intent to merge with Norfolk, Virginia-based Sentara Healthcare. The merger will
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To Combat COVID-19, Philips Launches Rapid Equipment Deployment Kits

by Jasmine Pennic 08/13/2020 Leave a Comment

To Combat COVID-19, Philips Launches Rapid Equipment Deployment Kits

What You Should Know: - Philips today announced the launch of its Rapid Equipment Deployment Kits, which provide doctors with critical care patient monitoring solutions they can quickly implement in the ICU. The Rapid Equipment Deployment Kits use advanced patient monitoring technology to enable care teams to swiftly scale up critical care capabilities within just a few hours, and help hospitals meet on-demand access during these pressing times of COVID-19. - Arriving at hospitals
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Providence Acquires MEDITECH Consulting Firm Navin, Haffty & Associates

by Jasmine Pennic 08/13/2020 Leave a Comment

Providence Acquires MEDITECH Consulting Firm Navin, Haffty & Associates

What You Should Know: - Providence acquires MEDITECH Consulting Firm Navin, Haffy & Associates to combine with Engage IT Services to become a leading solutions and services provider for the healthcare industry. - The two firms are part of Providence Services Group (PSG),  a family of top-tier healthcare technology services firms, brought together by Providence Health System, as part of Providence's broader ongoing strategy to launch an independent solutions and
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HHS Announces Investments for STAR HIE Program to Support State and Local Public Health Agencies

by Fred Pennic 08/12/2020 Leave a Comment

HHS Launches EHR Innovations for Improving Hypertension Challenge_HHS Funded Health Care Innovation Award Projects to Watch

What You Should Know: - HHS Office of the National Coordinator for Health Information Technology (ONC) will award up to five 5 cooperative agreements under the Strengthening the Technical Advancement and Readiness of Public Health Agencies via Health Information Exchange (STAR HIE) Program. The U.S. Department of Health and Human Services (HHS) today issued a Notice of Funding Opportunity to expand and accelerate innovative
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Greenway Health to Launch EHR-Integrated Telehealth Solution to Support Virtual Care

by Jasmine Pennic 08/12/2020 Leave a Comment

Greenway Health to Launch EHR-Integrated Telehealth Solution to Support Virtual Care

What You Should Know: - Greenway announced the company will be developing and launching Greenway Telehealth, a secure, HIPAA-compliant solution designed with an easy-to-use interface for both providers and patients. - Powered by Twilio, the EHR integrated solution is among the first in Greenway’s larger virtual care portfolio.  Greenway Health, a health information technology, and services provider, today announced the company is also working to develop innovative virtual care
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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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