What You Should Know:
Half of the healthcare administrative staff report seeing an increase in the amount of manual data entry in the past 12 months — and 92% of clinicians agree that too much time spent on administrative tasks is a major contributor to healthcare worker burnout. This and other findings are revealed in the new Internet of Healthcare Report, produced by independent research firm Wakefield Research on behalf of Olive. The report uncovers how 1,700 patients, healthcare
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Health IT | News, Analysis, Insights - HIT Consultant
Leveraging Technology to Optimize Staffing Shortages Post-Pandemic
Chronic understaffing and nurse burnout are two of the greatest and long-standing challenges within the healthcare industry. As a result of the pandemic, these challenges were acknowledged more than ever before. Pre-pandemic research highlighted the fact that the nurse vacancy rate in the United States was 9% at the start of 2020, while the average turnover of bedside nurses was 17%. These trends have only accelerated during COVID-19 and during this period of transitioning into a new normal.
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Sorcero Raises $10M for AI-Powered Medical Language Intelligence Platform
What You Should Know:
- Sorcero, a provider of medical and technical Language Intelligence (LI), today announced the close of a $10M Series A financing round led by CityRock Venture Partners and Harmonix Fund. The round also included participation from Rackhouse, Mighty Capital, and Leawood VC, and joining previous investors, Castor Ventures and Worldquant Ventures, to support the increasing demand from new and existing customers.
- Sorcero’s Language Intelligence platform combines the
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Intermountain and SCL Health Announce Merger to Form 33-Hopsital System
What You Should Know:
- Intermountain Healthcare and SCL Health, two leading nonprofit healthcare organizations, have signed a Letter of Intent to merge and create a model health system that provides high-quality, accessible, and affordable healthcare to more patients and communities in Utah, Idaho, Nevada, Colorado, Montana, and Kansas. The intention is that a definitive agreement will be finalized and signed by the end of 2021.
- The pending merger will employ more than 58,000
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Reimagining Patient Support Through Digital Peer Coaching Programs
Studies have found that social connectedness is so critical to human life that loneliness is more dangerous than obesity and isolation can increase mortality by 30%. Peer support, which is a system of giving and receiving help from others with a shared experience, not only increases social connectedness but also creates opportunities for participants to connect with their peers and exchange practical tips for how to overcome the challenges they face in the course of their daily lives.
Within
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CVS Caremark Expands Efforts to Tackle Health Disparities
What You Should Know:
- CVS Caremark announced an expansion of its efforts to address health disparities among patients, starting with certain conditions including sickle cell disease, HIV, and cardiovascular disease.
- CVS Caremark is working with its clients to create health equity strategies for PBM members with certain conditions that disproportionately affect patients of color. The company will also use its broad reach and collaborate with community partners to determine the
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Edifecs Acquires Talix to Expand Risk Adjustment Solution
What You Should Know:
- Edifecs, a global health IT provider announced it is acquiring Talix, a SaaS IT company, to expand Edifecs’ reach in the encounter management and risk adjustment space. Financial details of the acquisition were not disclosed.
- The integration of Edifecs’ and Talix’s technologies will create an expanded risk adjustment solution with critical workflows and insights that improve efficiencies and directly support payer and provider collaboration.
Talix
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Zelis Acquires Healthcare Transparency Leader Sapphire Digital
What You Should Know:
- Bain-backed digital health payments company, Zelis today announced the acquisition of Sapphire Digital, a healthcare consumer-centered pricing and navigation software company serving more than 100M members. Financial details of the acquisition were not disclosed.
- Sapphire’s platform offers tools for provider search and selection, quality ratings and reviews, pricing data, cost calculators, and more to help consumers find the lowest cost and highest quality care
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Saint Luke’s Health System Deploys Innovaccer Health Cloud
What You Should Know:
- St. Luke's Health System, one of the largest health networks in Kansas City, has adopted Innovaccer Health Cloud to support its initiatives around the Primary Care First and commercial value-based care models.
- St. Luke's Health System turned to the Innovaccer Health Cloud and it’s Data Activation Platform to unify claims and clinical data from its EHR and disparate HIT systems. Doing so provides a unified patient record that enables comprehensive, actionable
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4 Tips for Healthcare Orgs Considering Cloud-Based Video Surveillance
Healthcare security leaders know that the tools needed to combat threats are only one piece of the puzzle when it comes to protecting what truly matters within their organization. There are a number of factors for healthcare facilities to consider when it comes to identifying physical security challenges and aligning the goals of business operations.
Organizations must do everything they can to minimize the level of risk associated with the day-to-day operations of a busy hospital or
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