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Health IT | News, Analysis, Insights - HIT Consultant

Olive Secures $400M At A $4B Valuation to Support New Instant Claim Payment Solution

by Fred Pennic 07/01/2021 Leave a Comment

Olive Secures $400M At A $4B Valuation to Support New Instant Claim Payment Solution

What You Should Know: - Today, healthcare automation company Olive, today announced a $400M in funding round led by Vista Equity Partners with additional investment from the Base10 Partners Advancement Initiative. Olive, a provider of AI powered workforce purpose-built for healthcare, has now secured $832 million in financing since March 2020, and $902 million since the company’s inception in 2012 bringing the company’s total valuation to $4 billion.   - The company plans to use
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AlohaCare, Kaiser Permanente to Launch First Social Care Network in Hawaii

by Jasmine Pennic 06/30/2021 Leave a Comment

AlohaCare, Kaiser Permanente to Launch First Social Care Network in Hawaii

What You Should Know: - Unite Us, the enterprise tech company providing digital infrastructure to create efficient ecosystems of care, today announced a partnership with Kaiser Permanente and AlohaCare, a nonprofit health plan in Hawaii, to implement the first-ever coordinated care network throughout the state of Hawaii. - As social services like food, employment, and housing continue to be strained due to COVID-19, Unite Hawaii network will bridge the care gap statewide for individuals in
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5 Reasons A Digital Front Door is a Healthcare Must-Have

by Michele Perry, CEO of Relatient 06/30/2021 Leave a Comment

Healthcare leaders have seen an incredible increase in telehealth adoption over the past year alongside the continued growth of patient expectations for self-service, access, and convenience. Fortunately, healthcare IT continues to offer healthcare leaders new and expanded tools to deliver on these expectations so telehealth isn’t just offered but leveraged alongside traditional in-person care delivery for a patient experience that truly accommodates patients.  Healthcare continues to refine
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Mayo Clinic, Spire Health to Co-Develop Remote Pulmonary Rehab Program

by Fred Pennic 06/29/2021 Leave a Comment

Mayo Clinic, Spire Health to Co-Develop Remote Pulmonary Rehab Program

- Spire Health and Mayo Clinic announced a strategic collaboration to integrate Mayo Clinic’s remote pulmonary rehabilitation program into Spire Health’s respiratory remote patient monitoring (RPM) service. - Developed by Dr. Roberto Benzo and his team at the Mindful Breathing Laboratory, Mayo Clinic’s remote pulmonary rehabilitation program has been the recipient of multiple, multi-year grants from the National Institute of Health (NIH). - The program, validated using randomized
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Foundation Medicine Integrates Genomic Profiling with Flatiron Health’s EMR

by Fred Pennic 06/29/2021 Leave a Comment

Foundation Medicine Integrates Genomic Profiling with Flatiron Health’s EMR

What You Should Know: - Foundation Medicine (FMI) announced today it will begin integrating with Flatiron Health and other electronic medical record (EMR) systems to make it easier for oncologists to order comprehensive genomic tests (CGP), review results, continually access clinical and genomic information and share among their care teams in order to quickly and efficiently develop personalized treatment plans for their patients. - This integration, the first of a
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XSOLIS Raises $75M for AI-Driven Precision Utilization Management Platform

by Fred Pennic 06/28/2021 Leave a Comment

XSOLIS Raises $75M for AI-Driven Precision Utilization Management Platform

What You Should Know: - XSOLIS, a healthcare technology firm focused on improving healthcare operations announced it has raised $75M in minority growth investment from Brighton Park Capital ("Brighton Park"), a research-driven investment firm. - XSOLIS is an artificial intelligence-based software platform that helps national health systems and payers streamline the utilization management process. - XSOLIS' suite of data-driven solutions leverages insights from proprietary machine
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Walmart to Offer Included Health’s Care Navigation Platform to LGBTQ+ Employees & Families

by Jasmine Pennic 06/28/2021 Leave a Comment

Walmart to Offer Included Health’s Care Navigation Platform to LGBTQ+ Employees & Families

What You Should Know: - Today, Walmart announced it is teaming up with Included Health, a LGBTQ+ focused care navigation platform to provide a new healthcare benefit for LGBTQ+ employees and their loved ones.  - Through its partnership with Grand Rounds, associates on a Walmart medical plan and their covered dependents will now be eligible to leverage Included Health’s care-navigation platform tailored for the LGBTQ+ community. Why It Matters LGBTQ+ people face serious
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Hospital IQ Raises $25M to Scale Predictive Hospital Operations Platform

by Jasmine Pennic 06/28/2021 Leave a Comment

Hospital IQ

What You Should Know: - Hospital IQ, a provider of predictive hospital operations and communications software, secured $25 million in Series C funding led by Baxter Ventures, the venture investment arm of Baxter International Inc., and Health Velocity Capital, joining existing investors Pierpoint Capital and Allscripts. - Hospital IQ provides an operations management software platform that uses artificial intelligence to anticipate and direct actions, enabling health systems to
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NexHealth Raises $31M to Expand Patient Experience Management Platform at $431M Valuation

by Fred Pennic 06/28/2021 Leave a Comment

NexHealth Raises $15M to Expand Patient Experience Management Platform

What You Should Know: - NexHealth, a San Francisco, CA-based patient experience management platform, announced it has raises $31M, co-led by media mogul and founding partner of WndrCo Jeffrey Katzenberg and Mino Games founder-turned-angel investor Josh Buckley, at a $431M valuation. - Founded in 2015 by Alamin Uddin, NexHealth’s patient experience management platform enables doctors to give their patients an end-to-end experience with key features like real-time online booking,
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Hospitals Can Teach Life Science Companies a Thing or Two About Patient Engagement

by Greg Kefer, Chief Marketing Officer at Lifelink Systems 06/28/2021 Leave a Comment

Hospitals Can Teach Life Science Companies a Thing or Two About Patient Engagement

The efforts to develop a COVID-19 vaccine focused the world’s attention on the pharmaceutical industry. Before the pandemic hit, very few people outside of the healthcare industry understood what it takes to develop a new drug. Nor did they consider the complexities of administering the various medications that require a regimen that goes beyond “take one pill each morning.” The biopharmaceutical industry is massive, accounting for more than $1.3 trillion in economic output, representing four
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