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Health IT | News, Analysis, Insights - HIT Consultant

Jonathan Bush’s Second Venture Zus Health Launches with $34M for Health Data Interoperability Platform

by Fred Pennic 06/17/2021 Leave a Comment

Jonathan Bush's Second Venture Zus Health Launches with $34M for Health Data Interoperability Platform

What You Should Know:    - Former athenahealth founder and CEO Jonathan Bush, today announced the launch of Zus Health (“Zus” pronounced Zoos like the father of Athena) focused on creating the industry’s first shared development platform backed by a shared data record. - The company is launching with the close of $34M in Series A funding led by Andreessen Horowitz (a16z), F-Prime Capital, Maverick Ventures, Rock Health, Martin Ventures and Oxeon Investments also participated in
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HHS Establishes $80M Public Health IT Workforce Program

by Jasmine Pennic 06/17/2021 Leave a Comment

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

What You Should Know: - The U.S. Department of Health and Human Services’ (HHS) Office of the National Coordinator for Health Information Technology (ONC) today announced the establishment of an $80M Public Health Informatics & Technology Workforce Development Program (PHIT Workforce Program) to strengthen U.S. public health informatics and data science. - The PHIT Workforce Program aims to train more than 4,000 individuals over a four-year period through an interdisciplinary approach
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Doximity’s Medical Social Network Launches Announces IPO at $4B Valuation

by Fred Pennic 06/15/2021 Leave a Comment

Social Network for Medical Professionals Doximity Launches IPO

What You Should Know: -  Doximity, a leading digital platform for U.S. medical professionals announced its initial public offering (IPO) of 23,300,000 shares of its Class A common stock.  - The initial public offering price is expected to be between $20.00 and $23.00 per share. Doximity's Class A common stock is expected to trade on the New York Stock Exchange under the symbol "DOCS." - Founded in 2010, Doximity is the leading digital platform for U.S.
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KLAS: Growth of Drug Diversion Monitoring Market

by Jackson Tate, Research Director, Pharmacy Solutions, at KLAS Research 06/15/2021 Leave a Comment

KLAS: Growth of Drug Diversion Monitoring Market

Often when we talk about the opioid epidemic, the focus is rightly on the suffering that the situation has caused. However, it’s important not to miss the surrounding context of this crisis, and what various health systems have started to uncover.  Currently, health systems face a huge challenge in tracking and managing their controlled substances. One of the technology-based solutions to the problem is drug diversion monitoring systems, which KLAS reported on in a recent report. While
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Beacon Health Launches Digital Patient Access Experience via Kyruus ProviderMatch Platform

by Jasmine Pennic 06/15/2021 Leave a Comment

What You Should Know: - Beacon Health System, a non-profit health system serving northern Indiana and southern Michigan, has launched a new digital patient access experience through the Kyruus ProviderMatch platform. The health system is now making it easier for both new and existing patients to search for care system-wide online, as well as self-schedule appointments with a growing number of providers. - After building its new enterprise-wide provider directory with Kyruus for its more
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Elevate Health Taps Innovaccer to Redefine Its Care Management Model – PHM

by Jasmine Pennic 06/14/2021 Leave a Comment

Elevate Health Taps Innovaccer to Redefine Its Care Management Model - PHM

What You Should Know: - Elevate Health, a Washington-based nonprofit Accountable Community for Health (ACH) organization, has partnered with us to leverage the Innovaccer Health Cloud to strengthen care management and improve patient outcomes. It was challenged to integrate data from disparate sources and close gaps for hundreds of patient records. - With the Innovaccer Health Cloud, Elevate Health saved $6M in care costs and redefined its care management
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Why Provider-Payer Collaboration is the Secret to Value-Based Success

by Emad Rizk, M.D.,CEO & Rachael Jones, SVP, Performance Analytics and Quality at Cotiviti 06/11/2021 Leave a Comment

Why Provider-Payer Collaboration is the Secret to Value-Based Success

Just before the COVID-19 pandemic emerged, 48% of healthcare providers surveyed said three-quarters of their organization’s payments were grounded in fee-for-service models of care. Fast forward a year and the financial aftershocks of the pandemic have highlighted some of the benefits of value-based models for providers as well as health plans and consumers. Despite the benefits of incentive-based payment models in healthcare, including indications that it may reduce readmissions and
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Innovaccer Unveils Health Plan Analytics Tool to Give a Comprehensive View of Over 700 Medicare Advantage Plans

by Fred Pennic 06/11/2021 Leave a Comment

Innovaccer Unveils Health Plan Analytics Tool to Give a Comprehensive View of Over 700 Medicare Advantage Plans

What You Should Know:  -Innovaccer Inc., a leading healthcare technology company, recently launched its Health Plan Analytics tool, which provides a comprehensive view of health plan performance across the country.  -With this tool, payers can identify the quality parameters where they lag and determine the performance threshold to attain satisfactory ratings and enrollment. In addition, the tool generates state-by-state market insights to develop strategies to increase
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Iodine Acquires Clinical Documentation Solution ChartWise – Health M&A

by Fred Pennic 06/10/2021 Leave a Comment

Iodine Acquires Clinical Documentation Solution ChartWise – Health M&A

What You Should Know: - Iodine Software, a healthcare AI company, today announced it has acquired clinical documentation integrity company ChartWise Medical Systems. Financial details of the acquisition were not disclosed. - The acquisition comes just two weeks after Iodine completed an acquisition of Artifact Health, a mobile-based physician query platform that was in 300+ hospitals. Now, after both acquisitions, Iodine will now support more than 800 of top U.S. health systems,
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Datavant + CIOX Health Announce $7B Merger to Tackle Health Data Fragmentation

by Fred Pennic 06/09/2021 Leave a Comment

Datavant + CIOX Health Announce $7B Merger to Tackle Health Data Fragmentation

What You Should Know: - Today, Datavant and CIOX Health announced an agreement to merge the two companies in a transaction valued at $7.0 billion. The combined entity, to be named Datavant, will be the nation’s largest health data ecosystem, enabling patients, providers, payers, health data analytics companies, patient-facing applications, government agencies and life science companies to securely exchange their patient-level data. Merger Impact The
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