Ciox Health, a provider of health information management solutions has raised $30 million in equity investment capital led by Merck Global Health Innovation Fund (Merck GHIF) and private equity owner New Mountain Capital. Every record represents a real person. Each data point is a potential game-changer in someone’s life: a connection to be understood and acted upon. Ciox rapidly and securely facilitates access to clinical records on behalf of its healthcare provider customers, enabling
Read More
Health IT | News, Analysis, Insights - HIT Consultant
5 Steps to an Efficient Data-Driven Transfer Center
Empowered teams, standardized processes, reliable insight, automation, and measurement will improve operations, decrease leakage and improve the patient experience.
High-performance transfer centers are becoming mandatory components for any health system operating in competitive healthcare markets, which are only becoming more competitive and consolidated. That is because high-performance transfer centers help align patients with the right care, in the right location at the right time, which
Read More
Human API Expands Their Consumer Driven Health Data Network to 85% Coverage of U.S. Hospitals
Health tech startup Human API today, announced it has vastly expanded their provider data network to drive the consumer health revolution forward. This first ubiquitous consumer health data network in the U.S. will allow people to securely share their data from anywhere with any company.Mission to Health Data Use & Sharing Simple & CentralizedIn their ambitious quest to make health data use and sharing simple and centralized, Human API now boasts a real-time, consumer-centric data
Read More
Reducing Preventable Medication Errors and Adverse Drug Events
Using a Health Information Exchange (HIE), clinicians across multidisciplinary care teams can access a patient’s medications, reconcile the list and monitor their progress, thereby reducing medication errors and future costs from preventable hospital admissions.
Multiple factors combine to make the prescribing, supplying and taking of medications a perilous and costly issue for patients and the healthcare sector. Prescription medication use is by far the most common health intervention.
Read More
Largest Physician-Led Radiology Practice Radiology Partners Lands $700M
Radiology Partners, (RP), the largest physician-led and physician-owned radiology practice in the U.S. with 1400 radiologists supporting more than 1000 hospitals across 21 states, today announced that Starr Investment Holdings (SIH) has invested approximately $700M of long-duration capital in the practice to support its continued growth, including future practice and hospital system partnerships, as well as investments in clinically-focused technology and innovation. RP physicians are also
Read More
Tenet to Spin Off RCM Provider Conifer Health as Separate, Public Company
Tenet Healthcare Corporation has announced its intention to pursue a tax-free spin-off of its revenue cycle management business unit Conifer Health as a separate, independent publicly-traded company. The company expects to complete the spin-off by the end of the second quarter of 2021. This announcement is the culmination of the Conifer strategic review process announced in December 2017.Spin-Off ProcessThe separation process will include a thorough review of the necessary executive leadership
Read More
Analysis: Cerner, Epic, Allscripts and MEDITECH’s International EHR Endeavours
In this insight, we assess how the top US acute EHR vendors, namely Epic, Cerner, Allscripts and MEDITECH (+85% share of US acute market in terms of revenues), have progressed specifically on the third point, international expansion.The below figure shows that there is a significant variance amongst the big four in terms of revenue and share of business outside the US. Cerner has by far the highest revenue at more than $600M in 2018, representing 12% of its business. Whilst MEDITECH has much
Read More
Health Tech VC Firm Flare Capital Partners Closes $255M Fund
Healthcare technology venture capital firm, Flare Capital Partners, today announced the closing of its second fund, Flare Capital Partners II, L.P., with a total of $255 million in committed capital. The oversubscribed fundraise follows up its inaugural fund, which was raised in April 2015, and establishes Fund II as one of the largest, independent, dedicated healthcare technology venture capital investment funds. Evolving Healthcare Industry Demands Innovative Business ModelsThe U.S. healthcare
Read More
Referential Matching—What It Is and Why It Matters for Providers
Clean patient data is the critical first step for any successful health IT integration, EHR conversion, interoperability initiative or electronic information exchange. According to a recent Pew Charitable Trusts report, most hospital executives and administrators believe the accuracy of patient matching when information is exchanged between organizations with different EHR systems is subpar.
Further, as health systems continue to consolidate and add more data to their networks, the importance of
Read More
DrChrono EHR Adds AI-Powered Medical Notes Integration for Medical Practices
Electronic health record (EHR) provider DrChrono has announced an integration partnership with DeepScribe to enable medical practices DrChrono EHR can use AI to automate medical notes from physician appointments and integrate it right into their Electronic Health Record (EHR).EHR Integrated SOAP Notes for Medical PracticesDeepScribe uses advanced deep learning technology to generate accurate, compliant, and secure SOAP notes right within a practice’s EHR. Practices using DeepScribe have reported
Read More
