The United States spends about $1 trillion per year on healthcare administration. 95% of healthcare workforce growth since 1990 has been administrative. But adding administrative staff hasn’t helped health systems stay on top of the increase in manual work queues, and it certainly hasn’t been improving outcomes for patients. So when asked if automation can drive better health system outcomes, through my work in healthcare technology, I know for a fact that it already is.
Research has
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Health IT | News, Analysis, Insights - HIT Consultant
Report: Advancing Tech-Enabled Health & Home Care
What You Should Know:
The Milken Institute Center for the Future of Aging today released a report to identify actionable recommendations to better integrate health and home care through technology. These recommendations were gathered from a convening of stakeholders representing health care, technology, government and policy, research and academia, philanthropy, advocacy, and community-based organizations.
Report Background
While the COVID-19 pandemic heightened the focus on
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HSBlox Releases Enhanced VBC Contract Builder
What You Should Know:
- HSBlox, a technology company empowering healthcare organizations with the tools and support to deliver value-based care (VBC) successfully and sustainably, today announced Release 3.5 of its CureAlign platform.
- CureAlign enables healthcare organizations to administer value-based programs, including network build-out, contract administration, permissioned data exchange and payment.
CareAlign 3.5 Overview
CureAlign 3.5 further
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Health Tech VC Firm Flare Capital Partners Closes $350M Fund
What You Should Know:
- Flare Capital Partners, a Boston-based healthcare technology venture capital firm closes its third fund with $350M, which follows up on its prior two funds raised in July 2019 and the inaugural fund raised in April 2015, respectively.
- The most recent fund, establishes Flare Capital Partners as one of the largest, independent, early-stage venture capital firms dedicated to healthcare technology.
“When we started the firm in 2014, over $4.5 billion was invested
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AWS Awards Arine Grant to Develop Solutions to Reduce Health Inequity
What You Should Know:
- Intelligent medical optimization company Arine has been awarded has been selected for Amazon Web Services' (AWS) $40M global program supporting organizations that are developing solutions to reduce health inequities. The latest funding will be used to support NotiSphere's hiring to expand adoption across the industry and enable scalability to support the rapidly growing number of users.
- Arine’s proprietary tech platform analyzes comprehensive data from across the
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CareCloud Adds Chronic Care Management Service to its Digital Health Portfolio
What You Should Know:
- CareCloud, Inc., a healthcare technology solutions provider for medical practices and health systems nationwide, has announced its new offering, CareCloud Wellness for chronic care management as part of its growing suite of digital health solutions that help providers enhance patient care and revenue streams.
- CareCloud Wellness gives practices the means to easily participate in the government’s
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Former OptumRx CEO Launches Waltz Health with $33M to Lower Drug Costs
What You Should Know:
- Mark Thierer -- the former CEO of OptumRx who took that role after selling Catamaran to UnitedHealth Group for $13B, today announced the launch of Waltz Health with $35.4M led by GV (Google Ventures) including participation from Define Ventures, Echo Health Ventures, Blue Venture Fund, Byers Capital, and Twine Ventures. Other funding came from a prestigious list of seasoned healthcare executives.
- Waltz Health plans to
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Fathom Receives Strategic Investment for Medical Coding Automation Platform
What You Should Know:
- Fathom, the first medical coding automation company to receive an investment from a national physician group, Inflect Health the innovation hub of Vituity and one of the largest physician-led provider groups in the United States.
- Fathom will also leverage Vituity’s expertise in the revenue cycle as it refines the Fathom platform to alleviate staffing challenges, reduce denials and mitigate audit risk. Fathom is the only medical coding platform that can fully and
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Enlyt Health Secures $10M to Expand Healthcare Digital Front Door
Transform Patient Engagement with a Digital Front Door from Ryan Blachly on Vimeo.
What You Should Know:
- Enlyt Health, a St. Petersburg, FL-based low code platform for healthcare digital front door raises $10M in Series A funding led by Meritage Partners. Enlyt Health has several well-known Health Systems already live on the platform providing patients the needed access and tools to better their overall health journey.
- Enlyt Health helps organizations build Digital Front Doors
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CareLinx by Sharecare Forms Clinical Advisory Board for Home Health Platform
What You Should Know:
- Sharecare, the digital health company that helps people manage all their health in one place, today announced the formation of a clinical advisory board for its home health platform and network of caregivers, CareLinx by Sharecare.
- The aim of the board is to help shape the clinical care offering from CareLinx as well as our nurse retention and recruiting efforts, so we’ve appointed 10 leaders across the nursing field – military, private practice, academia,
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