Livingstone’s
Ryan Buckley shares insights behind the prevalent healthcare M&A trends of
2020 and its impact on U.S healthcare.
The New
Year often brings with it an essence of transformation. This year, U.S.
healthcare’s metamorphosis is now more than a decade old, as it continues to
shed its antiquated legacy systems and siloes to embrace a different kind of entity—one
that hopes to establish weight in value-based care at a scale robust enough to
substantiate it.
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Health IT | News, Analysis, Insights - HIT Consultant
Providence Acquires HMR Weight Management Services Corp.to Support Patients & Consumers
- Providence acquires HMR Weight Management Services Corp. as part of their initiative to support patients and consumers in improving their health. - HMR operates clinics inside three Providence facilities, while Providence refers its caregivers to HMR for weight management support and care as part of its employee wellness program.Providence St. Joseph Health announced today it has acquired HMR (Health Management Resources), an established provider of clinically proven weight-loss programs, from
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R1 Expands Revenue Cycle Management Offering to More Medical Groups
- R1 announced an expansion of its revenue cycle management services, making them available to large independent practices and hospital-owned groups.- Now groups beyond hospitals and health systems will be able to use R1’s industry-leading RCM tools designed to enable the best quality clinical care and financial expectation setting for even more patients.- This new slate of provider organizations and patients will also benefit from R1’s recent acquisition of SCI, offering access to the broadest
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AI Will Continue to Improve Healthcare, But Only If We Can Trust It
While the public perceives artificial intelligence as futuristic, AI is already intertwined with healthcare today. As a PwC report observed, AI is transforming numerous aspects of healthcare, from medical training and research to wellness and treatment. But while AI is already supercharging our capabilities (it’s 30 times faster and 99 percent accurate when reviewing mammograms, reducing the need for unnecessary biopsies, for example), AI is also supercharging the disparities that are baked into
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2020 Semi-Annual Health IT Market Review: 5 Key Indicators to Watch
- Healthcare Growth Partners (HGP) releases its Semi-Annual Health IT Market Review report that summarizes M&A and private equity activity across health IT, digital health, etc.
- The report reveals health IT as a healthy sector going into 2020 and outlines key 2019 trends and 2020 indicators to watch in the market this year.
Healthcare Growth Partners, an investment bank and strategic advisory firm for health IT has announced the release of its annual Semi-Annual Health IT Market
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Report: Epic Will Not Pursue Further Integration with Google Cloud
- Epic account reps have notified their clients that they will not pursue further integration with Google Cloud, citing lack of interest among its healthcare provider customers. - The company plans to focus on Amazon Web Services (AWS) and Microsoft Azure as cloud providers. Account reps from Epic have started notifying their clients that they will not be pursuing further integration with Google Cloud as a service provider, according to a report from CNBC. CNBC reports that Epic cited lack of
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ChristianaCare Partners with Cedar to Personalize Patient Financial Experience
- ChristianaCare partners with Cedar, a patient engagement and payment technology platform to modernize and personalize the patient financial experience for ChristianaCare patients.- Beginning this spring, the new payment experience will be implemented for most ChristianaCare services, including its primary and specialty care, imaging, labs, rehabilitation services and more.ChristianaCare today announced a new collaboration with Cedar, a patient engagement and payment technology platform that
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MiHIN Partners with CarePort Health to Improve Care Quality Statewide
- Michigan Health Information Network Shared Services (MiHIN) is partnering with CarePort Health to lower costs of care, improve care quality and outcomes for Michigan’s state-wide patient population through better care coordination. - The partnership allows CarePort to leverage data flowing through MiHIN to provide higher quality data to participating payer and provider organizations, enabling more cost-effective management of patient populations. CarePort Health, a Boston, MA-based provider of
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Leveraging AI and Machine Learning to Advance Interoperability in Healthcare
(Left- Wilson To, Head of Worldwide Healthcare BD, Amazon Web Services (AWS) & Patrick Combes, Worldwide Technical Leader - Healthcare and Life Sciences at Amazon Web Services (AWS)- Right)Navigating the healthcare system is often a complex journey involving multiple physicians from hospitals, clinics, and general practices. At each junction, healthcare providers collect data that serve as pieces in a patient’s medical puzzle. When all of that data can be shared at each point, the puzzle is
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Medsphere Raises $40M to Expand Suite of SaaS EHR & RCM Solutions
- Medsphere raises $40M in preferred equity investment to fund the expansion of efficient, flexible, subscription-based software solutions. - Medsphere has grown subscription revenue by over 400% using a combination of organic growth and accretive acquisitions, achieving a compounded annual growth rate of over 50%. Medsphere Systems Corporation, the leading provider of efficient and interoperable healthcare information technology (IT) software solutions, and services, today announced new $40
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