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Health IT | News, Analysis, Insights - HIT Consultant

HIMSS Appoints Dr. Sebastian Krolop As Global Chief Operating & Strategy Officer

by Fred Pennic 04/30/2019 Leave a Comment

HIMSS Appoints Dr. Sebastian Krolop As Global Chief Operating & Strategy Officer

HIMSS, has announced the appointment of Dr. Sebastian Krolop, MD, PhD, MSc, to the role of chief operating & strategy officer (COSO). Under his leadership as COSO, Dr. Krolop will lead the alignment of HIMSS’s operational goals with the organization’s strategic plan. In addition, he will guide the direction of HIMSS Analytics, HIMSS Media and foster additional support services in international markets. Dr. Krolop Background/Experience Dr. Krolop comes to the organization
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CareDx Acquires OTTR for $16M to Enable EMR Integrations at Transplant Centers

by Jasmine Pennic 04/29/2019 Leave a Comment

CareDx Acquires OTTR for $16M to Enable EMR Integrations at Transplant Centers

CareDx, Inc., a molecular diagnostics company focused on the discovery, development, and commercialization of clinically differentiated, high-value diagnostic solutions for transplant patients has agreed to acquire OTTR Complete Transplant Management (“OTTR”), a provider of organ transplant patient tracking software.Financial DetailsCareDx will pay approximately $16M to acquire OTTR and intends to fund the transaction with cash on hand. For the full year 2019, OTTR’s revenue is projected to be
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KLAS: State of Cloud-based ERP Vendor Performance in Healthcare

by Fred Pennic 04/26/2019 Leave a Comment

KLAS State of Cloud-based ERP Vendor Performance in Healthcare

In the traditionally stagnant market of ERP (HR, finance, and/or supply chain) in healthcare, aging on-premises solutions are giving way to several cloud options now on the table. Given the significant lift required to move to a new ERP system, many healthcare organizations contemplating the cloud are taking the opportunity to consider all vendors, not just their incumbent, according to a new report from KLAS Research.In the report, “ERP 2019: Performance in the Cloud,” KLAS interviewed several
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Verisk, Human API Partner to Transform Life Insurance Underwriting and Portfolio Tools

by Jasmine Pennic 04/26/2019 Leave a Comment

IPA, IHANY, Fidelis Care Partner to Address Social Determinants of Health in Upstate New York AzHHA Taps PatientPing to Improve Care Coordination Across State of Arizona

Verisk, a leading data analytics provider, and Human API, a health data network, announced plans to work together on Verisk`s new InsurTech tools. Leveraging electronic health record (EHR) data collected by Human API, Verisk`s solutions will help revolutionize how life insurers underwrite coverage and manage in-force portfolios.Verisk/Human API Partnership DetailsAs part of the effort, Verisk will analyze EHR data obtained by Human API and produce risk scoring and benchmarking information for
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Global Medical Billing Outsourcing Market to Reach $19.7B by 2026

by Fred Pennic 04/26/2019 Leave a Comment

Revenue Integrity Dysfunctional Patient Billing Major Distraction for Patients & Clinicians 6 Metrics to Improve Hospital Revenue Cycle ROI_revenue cycle makret

 The global medical billing outsourcing market size is projected to reach USD 19.7 billion by 2026 expanding at a compound annual growth rate (CAGR) of 11.8%, according to a Grand View research report. The report reveals that revenue cycle management (RCM) is one of the most complex components of healthcare IT business driven by challenges in rising healthcare costs, market consolidation, an explosion in clinical documentation, and value-based care initiatives.Key Market Drivers for Global
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AzHHA Taps PatientPing to Improve Care Coordination Across State of Arizona

by Fred Pennic 04/25/2019 Leave a Comment

IPA, IHANY, Fidelis Care Partner to Address Social Determinants of Health in Upstate New York AzHHA Taps PatientPing to Improve Care Coordination Across State of Arizona

The Arizona Hospital and Healthcare Association (AzHHA) announced a new partnership with PatientPing, a comprehensive care coordination platform, to improve patient care outcomes across the state of Arizona. The statewide partnership, coordinated through AzHHA's Affiliated Partners Program, will connect all of AzHHA's member hospitals and participating providers. Participants will have access to real-time patient information and insights from care events across the entire continuum, enabling
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CPSI to Acquire Patient Engagement Company Get Real Health for $11M

by Fred Pennic 04/24/2019 Leave a Comment

CPSI to Acquire Patient Engagement Company Get Real Health for $11M

 CPSI, a community healthcare solutions company has reached an agreement to acquire Get Real Health, a Rockville, MD-based comprehensive patient engagement platform for $11 million in cash. CPSI is the parent of three companies – Evident, LLC, American HealthTech, Inc. and TruBridge, LLC. The acquisition will allow CPSI to advance their ability to care for patients outside the walls of a community healthcare facility.Value-Based Care Creating New Demands for Patient EngagementValue-based care
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Wolters Kluwer Harnesses AI to Bridge Data in EHRs to Speed Accuracy of HAIs

by Jasmine Pennic 04/24/2019 Leave a Comment

Wolters Kluwer Harnesses AI to Bridge Data in EHRs to Speed Accuracy of HAIs

With healthcare M&A at an all-time high, many hospitals and health systems are feeling interoperability pains following mergers.  Wolters Kluwer is now harnessing AI to bridge data in electronic health records (EHRs) and disparate systems, such as lab results, to improve how organizations identify and report hospital-acquired infections.Real World Data Integration Challenges for ProvidersIntegrating data from disparate EHRs across health systems continues to be a largely manual process. But
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Vital Lands $5.2M for AI-Powered Emergency Department Platform

by Fred Pennic 04/24/2019 Leave a Comment

Vital Lands $5.2M for AI-Powered Emergency Department Platform

Vital, an Atlanta, GA-based AI-powered software increasing productivity and improving patient health in hospital emergency rooms has raised $5.2M led by First Round Capital and Threshold Ventures (formerly DFJ Venture). The seed round also includes participation from Bragiel Brothers, Meridian Street Capital, Refactor Capital, and SV Angel, with angel investment from Vivek Garipalli, CEO of CloverHealth; and Nat Turner and Zach Weinberg, founders of Flatiron Health. Josh Kopelman, founder, and
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Plum Healthcare, Netsmart Partner to Develop Integrated Care Solutions for Senior Living

by Jasmine Pennic 04/24/2019 Leave a Comment

Plum Healthcare, Netsmart Partner to Develop Integrated Care Solutions for Senior Living

Plum Healthcare Group, a skilled nursing provider has inked a 10-year strategic partnership with health IT company Netsmart to develop integrated care solutions to enhance care delivery for senior living. This joint innovation-based partnership between a technology partner and a senior living provider will be a key component to support Plum as it expands into new service lines and offerings across more than 50 facilities throughout California and Nevada.Plum Healthcare/Netsmart Partnership
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