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Health IT | News, Analysis, Insights - HIT Consultant

KLAS Report: Nurse EHR Satisfaction Significantly Higher Than Physicians

by Fred Pennic 03/29/2019 Leave a Comment

KLAS The Nurse EHR Experience Report

On average, nurses report significantly higher EHR satisfaction than physicians, according to the latest KLAS report. Today, nurses outnumber physicians in the United States four to one. The report, The Nurse EHR Experience: An Arch Collaborative Impact Report 2019 measures the nurse EHR experience and identifies opportunities for improvement in the nurse experience and what the nurse experience can teach other groups of clinicians about how to succeed with the EHR.Nurses EHR Experience
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Patient Access Solution Clearwave Receives Growth Equity Investment

by Jasmine Pennic 03/29/2019 Leave a Comment

Growth Equity Firm Frontier Capital Invest in Clearwave's Self-Service Registration Solution

Clearwave Corporation, an Atlanta, GA-based provider of patient access solutions via, mobile, kiosk and desktop self-service solutions has received a significant growth equity investment from Frontier Capital. Based in Charlotte, Frontier Capital’s firm is focused exclusively on software and tech-enabled business services companies.Investment FocusFrontier’s investment is intended to support Clearwave as it embarks on its next phase of innovation and growth in seeking to improve the customer
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Healthcare M&A: How Carestream Will Change Philips Strategy in Imaging Informatics

by Steve Holloway, Director at Signify Research 03/28/2019 Leave a Comment

Philips-to-Acquire-Carestream-Health’s-Health-IT-Business-Unit

Earlier this month, Philips Healthcare announced it had signed an agreement to purchase the IT business (HCIS) of Carestream Healthcare for an undisclosed amount. The deal, expected to close in the second half of the year, is one of the largest M&A moves in the imaging informatics market for some time. While it was one of the worst kept secrets in the industry that the owners of Carestream were looking for a buyer, the decision to split off the HCIS business of Carestream was more of a
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The Rule of 40 in Health IT: Should your Company Prioritize Profitability or Growth?

by Laura Gama and George Bailey at Healthcare Growth Partners 03/27/2019 Leave a Comment

Rule of 40 in Health IT

George Bailey, Associate at Healthcare Growth Partners (Left)Laura Gama, Investment Banking Analyst at Healthcare Growth Partners (Right)   Among the venture capital and growth equity community, a common rule of thumb for software companies is the “Rule of 40”. The rule simply states that a healthy software company’s net profitability + revenue growth rate should exceed 40%. This rule provides a guideline to balance the trade-off between revenue growth and profitability, a question many of
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Allscripts Expands Relationship with Ephraim McDowell Health to Drive Patient Engagement

by Jasmine Pennic 03/26/2019 Leave a Comment

Allscripts Expands Relationship with Ephraim McDowell Health to Drive Patient Engagement

Allscripts FollowMyHealth announced a partnership with Ephraim McDowell Health on its enterprise and mobile patient engagement platform. FollowMyHealth offers a mobile, enterprise patient/consumer engagement platform for providers, hospitals and health systems who want to promote healthy patient populations and manage quality. Platform Approach BenefitsFollowMyHealth’s total connected patients hit over 17 million during 2018 with portal alone. With their expanded HealthGrid platform, that number
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Impact of Patient-Generated Health Data From A Cancer Perspective

by Thanos Komidis, Co-founder & CEO at Care Across 03/26/2019 Leave a Comment

Thanos Komidis, Co-Founder & CEO at Care AcrossPatient-generated health data (PGHD) contains entire datasets which, contrary to electronic health records (EHRs), are collected based on patient input. This data may be directly entered or provided by patients (e.g. via quality of life questionnaires) or may be generated indirectly (e.g. via wearable devices).Patient-Generated Health Data in A Shifting Healthcare ModelIn healthcare, the biggest focus has traditionally been mostly around EHR
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Report: 8 Barriers to Addressing Social Determinants in Population Health Programs

by Fred Pennic 03/25/2019 Leave a Comment

Report: 8 Barriers to Addressing Social Determinants in Population Health Programs

Social Determinants of Health (SDoH) initiatives are disrupting healthcare delivery and reimbursement, according to a national survey of leading health plans and other healthcare stakeholders. Commissioned and conducted by the HealthCare Executive Group and Change Healthcare, the 9th Annual Industry Pulse Survey report reveals a significant number of healthcare leaders are planning to offer programs addressing care coordination, transportation, food insecurity, and other factors for members over
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Vixiar Medical Nabs $1.5M to Expand Hand-Held Devices for Cardiac Monitoring

by Fred Pennic 03/21/2019 Leave a Comment

Vixiar Medical Nabs $1.5M to Expand Hand-Held Device for Cardiac Monitoring

Vixiar Medical, Inc., a Baltimore, Maryland-based company dedicated to the development of non-invasive devices and systems for monitoring cardiopulmonary diseases has raised $1.5 million from new and existing investors. New investors joining in this round included Emerald Development Managers, MMG Opportunities and several individual investors. Existing investors included The Maryland Technology Development Corporation (TEDCO) through its seed fund, the Abell Foundation, individual investors and
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Vereco Acquires CynergisTek’s Managed Print Services Business

by Jasmine Pennic 03/21/2019 Leave a Comment

Vereco Acquires CynergisTek’s Managed Print Services Business

Vereco, LLC, a provider of healthcare document services, today announced an asset acquisition of CynergisTek’s managed print services (MPS) business. CynergisTek is a provider of healthcare cybersecurity, privacy, and compliance. Vereco’s private equity partner, Stella Point Capital, invested additional equity to fund the transaction. Acquisition Plans for CynergisTekPost-acquisition, Vereco will have 230 employees operating in 49 states. The combined organization’s clients include more than 350
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Cambia Health Forms Da Vinci Project to Improve Health Data Sharing in Value-based Care Arrangements

by Fred Pennic 03/21/2019 Leave a Comment

Cambia Health Forms Da Vinci Project to Improve Health Data Sharing in Value-based Care Arrangements

  Cambia Health Solutions has announced new partnerships with two major provider networks to deliver data interoperability use cases as part of the Da Vinci Project. In collaboration with Oregon Health & Science University (OHSU) and MultiCare Connected Care (MCC), Cambia is building resources to enable critical data exchange in real-time, offering better communication, more efficient care, and less administrative burden for providers.   Da Vinci Project Overview   Founded by
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