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Health IT | News, Analysis, Insights - HIT Consultant

Aetna Launches Connected Plan with CVS Health in St. Louis Market

by Jasmine Pennic 04/20/2021 Leave a Comment

Aetna Launches Connected Plan with CVS Health in St. Louis Market

What You Should Know: - The Aetna Connected Plan with CVS Health™ is a first-of-its-kind plan offering that will deliver CVS Health® and Aetna's combined capabilities in the St. Louis market to help members access care when and where they need it – and at a more affordable price than a traditional plan. - The plan combines Aetna's cost-saving performance network with access to expanded services at CVS Health retail and pharmacy. Members enjoy peace of mind with quality in-network providers
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3 Reasons Why Mobility Matters for Surgery

by Dr. Jeffrey Zavaleta, MD, Chief Medical Officer Graphium Health 04/20/2021 Leave a Comment

3 Reasons Why Mobility Matters for Surgery

As the computer form factor shrank from the size of a room to a laptop, computing “mobility” finally became a reality as devices could be transported anywhere. For over a decade, the laptop continued to shrink while increasing in performance and lowering in price. Mobility became synonymous with portability. However, with the advent of the smartphone, mobility now transcends a single product category and has morphed into an experience. Over a short five years, mobility has become synonymous for
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Tomorrow Health Raises $25M for Home-Based Care Platform for Durable Medical Equipment

by Jasmine Pennic 04/19/2021 Leave a Comment

Tomorrow Health Raises $25M for Home-Based Care Platform for Durable Medical Equipment

What You Should Know: - Tomorrow Health, the leading patient-first platform for home healthcare, announced it has closed a $25 million Series A round of funding led by Andreessen Horowitz with participation from Obvious Ventures and BoxGroup. The company recently announced a partnership with Geisinger Health Plan (GHP) to provide more than half a million patients with access to curated home durable medical equipment (DME) and supplies. - Founded in 2018, Tomorrow Health streamlines the
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Modernizing Medicine Acquires Podiatry EHR Platform TRAKnet

by Fred Pennic 04/16/2021 Leave a Comment

Modernizing Medicine Acquires Podiatry EHR Platform TRAKnet

What You Should Know: - Specialty EHR vendor Modernizing Medicine has acquired TRAKnet  and other assets from podiatric electronic health records (EHR) vendor NEMO Health. The announcement follows Modernizing Medicine’s acquisition of the SammyEHR Podiatry platform last year, further solidifying Modernizing Medicine’s position as a market leader in podiatry. - Modernizing Medicine plans to accelerate innovation and bring advanced EHR, practice management, and
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Adventist Health, OSF HealthCare Use CancerIQ to Prioritize Patients for Preventive Cancer Screenings

by Jasmine Pennic 04/16/2021 Leave a Comment

CancerIQ Raises $5M to Expand Genetic Cancer Risk Assessment Platform

What You Should Know: - As the nation braces for a rise in advanced stage cancer diagnoses due to the COVID-19 pandemic, two leading health systems – Adventist Health and OSF HealthCare – are using CancerIQ’s precision prevention platform and telehealth to equitably prioritize high-risk patients for screening and identify cancer in its earliest stages. - Clinicians to present at National Consortium of Breast Center conference on
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What Will It Take for Hospitals to Survive the Pandemic?

by Dr. John Frownfelter, MD, FACP, Chief Medical Officer at Jvion 04/14/2021 Leave a Comment

What Will It Take for Hospitals to Survive the Pandemic?

On New Years Eve, just as the Covid-19 outbreak in Los Angeles was at its worst, all 451 of Olympia Medical Center’s exhausted employees learned they would soon lose their jobs. After 74 years, the hospital closed for good on March 31st, leaving residents of the surrounding community — poor and mostly people of color — without a place to see a doctor.  And it isn’t the only hospital closing. At least 47 hospitals have closed or filed for bankruptcy in the last year, and there will
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Olive Acquires Surgical Analytics Platform Empiric Health – M&A

by Fred Pennic 04/13/2021 Leave a Comment

Olive Acquires Surgical Analytics Platform Empiric Health – M&A

What You Should Know: - Olive AI, the company delivering innovation to healthcare through artificial intelligence (AI), today announced the acquisition of Empiric Health, an AI-powered clinical analytics company that focuses on identifying unwarranted clinical variation, improving patient outcomes and increasing the affordability of surgery. - Empiric's technology was initially developed at Intermountain Healthcare. In 2017, Intermountain Ventures spun out the Empiric technology and
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Cohere Health Raises $36M to Automate Prior Authorization Between Payers & Providers

by Jasmine Pennic 04/13/2021 Leave a Comment

Cohere Health Launches with $10M to Increase Transparency Across Care Journey

What You Should Know: - Boston-based health IT company Cohere Health has closed a $36 million Series B funding round led by Polaris Partners, with additional participation from new investors Longitude Capital and Deerfield Management, as well as existing investors Flare Capital Partners and Define Ventures. The round comes less than a year after the company launched, and only 3 months after a Series A extension. - Cohere Health’s AI-based, fully
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Transparent Health Marketplace Raises $30M for Worker’s Compensation Platform

by Jasmine Pennic 04/13/2021 Leave a Comment

Transparent Health Marketplace Raises $30M for Worker’s Compensation Platform

What You Should Know: - Today Transparent Health Marketplace, Inc. (THM) has announced a $30 million Series C led by ARTIS Ventures to implement a completely different approach to workers’ compensation and healthcare – using proven marketplace technology that positively transformed travel, finance and other industries. - New investors in the round include Phase 2 Partners, combined with significant participation from existing institutional and individual investors. The latest funding
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Health2047 Spins Out Emergence Healthcare Group to Empower Independent Physician Practices

by Jasmine Pennic 04/13/2021 Leave a Comment

Health2047 Spins Out Emergence Healthcare Group to Empower Independent Physician Practices

What You Should Know: - Health2047, the innovation arm of the American Medical Association, today announced the spinout of a new company, Emergence Healthcare Group, that offers the first turnkey practice solution designed to enable greater physician autonomy by relieving them of administrative burdens and financial pressures intrinsic to today’s private practice. - Emergence Healthcare Group provides physicians more time to focus on the health and well-being of their patients,
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