A large number of institutional investors and hedge funds have recently added to or reduced their stakes in Evolent Health Inc. (NYSE: EVH), a company providing an integrated value-based care platform to the nation’s leading provider organizations. The company debuted on the New York Stock Exchange on 6/5/15, raising $195M, and closed above a $1 billion market cap. Here is a look at recent institutional investments in Evolent Health:1. CWM Advisors LLC grew its position in Evolent Health by
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Health IT | News, Analysis, Insights - HIT Consultant
PE Firm Backs Nation’s Largest Care Coordination Company ChartSpan
Blue Heron Capital, a growth private equity (PE) firm based in Richmond, Virginia has announced its investment in a Series A round of funding in ChartSpan, the largest healthcare managed service provider of chronic care management. The firm is part of a five-investor syndicate.Impact of Chronic Conditions on Patient Health OutcomesAn alarming 75% of Americans over the age of 65 live with multiple chronic conditions that require ongoing medical attention and often impact their ability to live
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How A Hybrid Cloud Fax Solution Protects Patient Health Information
Electronic health and medical records (EHRs) enhance the patient experience and improve care coordination, but they can also put patients and providers at risk if they are not protected. Security vulnerabilities can arise from communicating via unsecured channels such as email and can result in data breaches, compromised patient records, and even identity theft. As medical records contain personal information such as social security numbers and insurance ID numbers, they are often even more
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Report: Health Systems Are Struggling to Simplify Patient Billing & RCM Processes
Today’s health systems are prioritizing patient financial experiences, yet many still struggle to simplify patient billing and align it with revenue cycle management (RCM), according to an in-depth study, commissioned by patient payment and engagement platform Cedar and conducted by The Health Management Academy (The Academy). The Cedar and Academy study examined practices at 20 of the top 100 U.S. health systems including qualitative and quantitative analyses of 23 senior executives
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Norton Healthcare Goes Live on Kyruus ProviderMatch Patient Access Platform
Norton Healthcare, a not-for-profit health system based in Louisville, has deployed the Kyruus patient-provider matching solutions to enhance patient access across its five hospitals, 14 urgent care clinics, and 190 medical practices. Now working with Kyruus, Norton Healthcare is empowering consumers to choose the providers that best suit their unique clinical needs and personal preferences for both adult and pediatric care.Enterprise-Wide Provider DirectoryBefore deploying ProviderMatch for
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K Health Integrates with Health Gorilla’s API to Power Lab Orders
K Health, a digital health company that offers free personalized healthcare, and Health Gorilla, a leader in secure interoperability solutions announced an integration collaboration to power new clinical functionality to improve the primary care experience. With the new integration, K Health can now leverage Health Gorilla's FHIR-based APIs to place orders with diagnostic vendors.Integration BenefitsK Health’s AI-driven primary care solution allows users to see how doctors diagnose and treat
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M&A: Experian Acquires Care Coordination Platform MyHealthDirect
Experian has acquired MyHealthDirect, a developer of digital care coordination solutions based in Nashville that optimizes scheduling and care planning for providers, payers and consumers. The move gives Experian’s health business a strategic boost as it continues enabling clients to meet the changing demands of consumers – in particular, demands around removing complexity and increasing transparency in healthcare. Financial details of the acquisition were not disclosed. Growing Importance of
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Pittsburgh Health Data Alliance, Amazon Partner on Machine Learning Research Sponsorship
Pittsburgh Health Data Alliance (PHDA) announced today that it is working closely with Amazon Web Services (AWS), an Amazon.com company, through a machine learning research sponsorship, to advance innovation in areas such as cancer diagnostics, precision medicine, voice-enabled technologies and medical imaging.Leveraging Machine Learning to Power Medical ResearchA unique consortium formed four years ago by UPMC, the University of Pittsburgh and Carnegie Mellon University (CMU), the PHDA uses
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PurpleLab Lands $3M to Expand Healthcare Data and Analytics Platform
PurpleLab, a Furlong, PA-based healthcare data and analytics platform has raised $3 million in growth financing from Edison Partners. PurpleLab plans to use the capital to bolster its analytics capabilities and sales and marketing operations.A New Type of Healthcare Provider Profiling OfferingProvider profiling and medical terminology master data management represents a $2 billion-plus market in the U.S. Today’s changing domestic healthcare environment will continue to change the way that
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Cerner Launches Patient-Focused Wellness Communities for Seniors
Cerner is teaming up with LifeCenters, a planned wellness community development company, to provide primary care, pharmacy and fitness programs to senior-living communities across the country. Known as VIA Centers, residents will have access to primary care physicians and specialists including dieticians, chiropractors, fitness and health coaches at their Wellpoint properties. Through highly specialized care, the centers will engage patients and their health needs by focusing on diagnosing the
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