In the healthcare market, there is increasing demand for outsourcing services that can bring strategic insights, optimization, and efficiencies to critical operations, particularly among health plans.These partnerships speak to the dramatic shifts in how health plans are sold and purchased today, but also to the maturity of the healthcare business process outsourcing (BPO) industry itself.Years ago, BPO was more tactical than strategic—lifting and shifting units or processes to a far-flung
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Health IT | News, Analysis, Insights - HIT Consultant
1 in 10 Americans Have Offered Unused Opioids to Family and Friends
One in 10 Americans admits they’ve offered or given their unused prescription drugs to a friend or family member for either medical or recreational use, according to findings from a new consumer study conducted by Stericycle, a provider of highly specialized compliance-based healthcare and waste solutions. Despite that, a majority of Americans (75%) believe that people sharing or selling their unused prescriptions, including opioids (e.g., oxycodone, hydrocodone, morphine) is contributing to the
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7 Healthcare Trends Advancing and Impacting Growth Initiatives in 2019
Definitive Healthcare, a provider of data, intelligence, and analytics on the healthcare provider market, today released results from its 2019 Healthcare Trends Survey. Definitive Healthcare polled over 1,000 healthcare leaders across the provider, biotech, financial services, staffing, life sciences, IT, and consulting verticals to determine which trends they felt were most important, heading into 2019.Here are seven healthcare trends advancing and impacting growth initiatives in the healthcare
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HHS Issues Public Comment for Interoperability Exchange Framework
The U.S. Department of Health and Human Services (HHS) today issued for public comment draft 2 of the Trusted Exchange Framework and Common Agreement (TEFCA) that will support the full, network-to-network exchange of health information nationally. HHS also released a notice of funding opportunity to engage a non-profit, industry-based organization that will advance nationwide interoperability.Public Comment DetailsSpecifically, the documents being released for comment are: (1) a second draft of
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Redox Lands $33M for Scalable Healthcare Data Interoperability Platform
Redox, a Madison, WI-based company that
is changing the way healthcare providers and software vendors share data has
raised $33 million in Series C funding led by Battery Ventures. The Series C
round also included participation from existing investors .406 Ventures, RRE
Ventures, and Intermountain Ventures.
Finally. A Scalable Way to Exchange Healthcare Data
Currently, inconsistent data formats and redundant connections slow, or completely prevent the flow of critical health information,
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Prisma Health to Optimize Patient Access Post-Merger with Kyruus
Kyruus, a leader in provider search and scheduling solutions for health systems announced that Prisma Health, a newly-formed health system based in South Carolina has selected the company’s provider data management platform to optimize patient access to the health system’s network. The health system will leverage KyruusOneÒ to create a system-wide, digital provider directory and implement ProviderMatch for Access Centers and ProviderMatch for Consumers to help patients find the right providers
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EMV Capital Acquires Predictive Adverse Events Platform Wanda
EMV Capital, a London-based early-stage venture investor announced the acquisition and investment in Wanda Inc., a San Francisco-based digital health startup commercializing advanced clinical decision support software powered by machine learning and real-time patient data analysis. EMV Capital’s investment will enable Wanda to accelerate its growth in the North American market, as well as to enter the UK and European markets.Wanda Inc. BackgroundWanda Founded in 2011 from the results of eight
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Mercom: Global Digital Health/Health IT VC Funding Tops $2B in Q1 2019
Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reach $2 billion in funding in Q1 2019, according to market research firm Mercom Capital. The Q1 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals $2B in funding across 149 deals compared to $1.4B across 142 deals in Q4 2018. VC funding in Q1 2019 was down 19% compared to the same quarter of last year (Q1 2018) when nearly $2.5 billion was raised in 187
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How Can Health System Command Centers Reduce Cost Growth?
Scott Newton, DNP, RN, MHA, EMT-P, VP of Care Model Solutions at Teletracking In our decentralized care landscape, health system command centers (HSCC) are coordinating high-quality care through complex and integrated delivery networks (IDN). Recently, command centers were recognized by KLAS and Gartner as a new model of care delivery with the potential to impact clinical, financial, and operational outcomes. That means in addition to improving routine health system operations—and increasing
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InterSystems Unveils New HealthShare Provider Directory with Unified Care Record
InterSystems has announced the 2019.1 version of the HealthShare® product suite of connected health solutions. The newest member of the suite is the HealthShare Provider Directory, which offers a single source of truth for provider demographic and professional relationship information.Impact of Inaccurate Provider InformationInaccurate provider information has consequences – for patients, payers, and the providers themselves. Wrong telephone numbers and location information limits access to
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