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Health IT | News, Analysis, Insights - HIT Consultant

Healthcare PE Firm Heritage Group Launches $300M Health Tech Fund

by Fred Pennic 01/14/2021 Leave a Comment

Heritage Group

What You Should Know: - Healthcare private equity firm Heritage Group launches a $300M fund to invest in high-growth healthcare services and technology companies. - Heritage is backed by some of the leading healthcare organizations in the nation, including large provider systems, payers, and healthcare service providers. Heritage Group, a Nashville, TN-based healthcare-focused private equity firm, today announced the closing of over $300 million in its oversubscribed third fund, an
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ONC Issues First Health IT Standards Bulletin Discussing USCDI & SVAP

by Jasmine Pennic 01/13/2021 Leave a Comment

ONC Issues First Health IT Standards Bulletin Discussing USCDI & SVAP

What You Should Know: - The ONC released the first ONC Standards Bulletin, a new communication tool ONC will use to periodically update the healthcare industry about ONC health IT standards and policy initiatives. - Based on a HITAC recommendation, the Bulletin is part of the ONC’s ongoing efforts to communicate, coordinate, and promote the adoption and use of health IT standards to facilitate the access, exchange, and use of electronic health information. - The inaugural ONC
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Modernizing Medicine Acquires Orthopedic EHR Platform Exscribe – M&A

by Fred Pennic 01/13/2021 Leave a Comment

Modernizing Medicine Acquires Orthopedic EHR Platform Exscribe – M&A

What You Should Know: - Modernizing Medicine announced it has acquired orthopedics EHR vendor Exscribe bringing together two of the healthcare industry’s leading, all-in-one orthopedic EHR vendors. - As part of the acquisition, Exscribe Founder and CEO, Dr. Sachdev and other members of the Exscribe team will be joining Modernizing Medicine. Specialty-specific EHR provider Modernizing Medicine announced it has acquired orthopedics electronic health records (EHR) vendor Exscribe. The
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Why Hospitals Should Act Now to Create Clinical AI Departments

by John Frownfelter, MD, FACP, Chief Medical Information Officer at Jvion 01/13/2021 Leave a Comment

Why Hospitals Should Act Now to Create Clinical AI Departments

A century ago, X-rays transformed medicine forever. For the first time, doctors could see inside the human body, without invasive surgeries. The technology was so revolutionary that in the last 100 years, radiology departments have become a staple of modern hospitals, routinely used across medical disciplines. Today, new technology is once again radically reshaping medicine: artificial intelligence (AI). Like the X-ray before it, AI gives clinicians the ability to see the unseen and has
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Itamar Medical Acquires Technology and Assets of Spry Health

by Fred Pennic 01/12/2021 Leave a Comment

Spry Health Clinical-Grade Wearable

What You Should Know: - Itamar Medical Ltd. acquired the technology and assets of Spry Health in a move to expand its product offering beyond Sleep Apnea identification. - Itamar Medical’s acquisition of Spry Health will enable the company to develop a wearable watch-like remote patient monitoring solution. Itamar Medical Ltd., a medical device and digital health company focused on the integration of sleep apnea management into the cardiac patient care
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Shields Health Solutions, ExceleraRx Announce Specialty Pharmacy Merger – M&A

by Jasmine Pennic 01/12/2021 Leave a Comment

Shields Health Solutions, ExceleraRx Announce Specialty Pharmacy Merger – M&A

What You Should Know: - Shields Health Solutions and Excelera announce a major specialty pharmacy merger that will form a combined company that consults with 700+ hospitals in 43 states, including Mass General Brigham, Yale New Haven, Intermountain Healthcare and Henry Ford. - The network of hospitals is designed to improve patient care through an infrastructure that helps with things like acquiring prior authorization for specialty drugs and staying adherent to them. It can also lower
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Central Logic Acquires Acuity Link for Intelligent Transport Capabilities – M&A

by Fred Pennic 01/12/2021 Leave a Comment

Central Logic Acquires Acuity Link for Intelligent Transport Capabilities – M&A

What You Should Know: - Central Logic acquires Acuity Link to power the company’s Intelligent Transport capabilities, speeding time to care in the best setting. - In addition, the company rolls out a new interoperable Bed Visibility capability that offers a real-time snapshot into available beds across the enterprise for improved access and enhanced revenue capture. Central Logic, a St. Paul, MN-based healthcare access and orchestration company, has acquired Acuity Link, a
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Net Health Acquires Post-Acute Analytics Platform PointRight – M&A

by Fred Pennic 01/12/2021 Leave a Comment

Net Health Acquires Post-Acute Analytics Platform PointRight – M&A

What You Should Know: -  Net Health acquires post-acute market analytics platform PointRight to deepen the company’s analytics capabilities, post-acute presence, and support for SNF networks. Net Health, a provider of cloud-based software for specialty medical providers across the continuum of care, today announced that it has acquired PointRight Inc., a leading provider of analytics and data-driven tools for the post-acute market. The acquisition adds to Net Health’s expanding
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Traditional RESTful APIs Will Not Solve Healthcare’s Biggest Interoperability Problems

by Brian Platz, Co-CEO and Co-Chairman of Fluree 01/12/2021 Leave a Comment

Traditional RESTful APIs Will Not Solve Healthcare's Biggest Interoperability Problems

Interoperability is a big discussion in health care, with new regulations requiring interoperability for patient data. Most approaches follow the typical RESTful API approach that has become the standard method for data exchange. Yet Health Level Seven (HL7), with its new Fast Healthcare Interoperability Resources (FHIR) standard for the electronic transfer of health data, is leading to a rash of implementations that, to date, are not solving core interoperability issues.  Data is still
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Nuance Launches AI-Powered Patient Engagement Virtual Assistant Platform

by Fred Pennic 01/11/2021 Leave a Comment

Nuance Launches AI-Powered Patient Engagement Virtual Assistant Platform

What You Should Know: - Nuance Communications, Inc. launched an AI-powered patient engagement virtual assistant platform to transform omnichannel digital experiences for patients. - Healthcare provider organizations can now deploy a single, common cloud-based platform to support their entire patient journey across engagement channels using Nuance's market-leading Intelligent Engagement AI technology - The launch comes as patients increasingly expect the same level of engaging
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