Waystar, a provider of cloud-based revenue cycle technology has released an industry survey examining today’s state of the patient financial experience. In the first half of 2019, Waystar surveyed 1,000 consumers about their last hospital encounter and their experience with the hospital business office. The study, "The Patient Financial Experience: Consumer Attitudes and Behavior," reveals that the biggest barriers to a positive patient financial experience are lack of understanding around
Read More
Health IT | News, Analysis, Insights - HIT Consultant
Interoperability: Why Health Systems Need to Integrate Their Digital Stack
Several years ago, Thomas Friedman, the best-selling New York Times columnist, began pointing out how application programming interfaces (APIs) and the resultant connectivity was enabling one-touch consumer engagement with a broad range of services. We now take it for granted that we can call a car service from our phone, watch the driver approach on a map, and then pay for our ride without leaving a single application.
Similarly, we can scroll through dozens of different brands of olive oil
Read More
Nordic Expands Beyond Epic With New Cerner Solutions Business Line
Healthcare IT consulting firm Nordic continues its expansion beyond Epic consulting with the launch of a new Cerner Solutions business line to meet the needs of healthcare organizations. The new business line reflects Nordic’s long-term strategy of expanding its offerings beyond Epic consulting to meet the needs of its clients, including advisory services, performance improvement, ERP Solutions, and Managed Services. Nordic acquired The Claro Group's revenue cycle management (RCM) transformation
Read More
SHUH, Syapse to Build South Korea’s First Real-World Data Sharing Network for Precision Oncology Hospitals
SNUH and Syapse will collaboratively work towards building South Korea’s first real-world data-sharing network for leading precision oncology hospitals in the region. Syapse, a company accelerating precision medicine through insights derived from its global health system network, and Seoul National University Hospital (SNUH), a South Korea-based hospital, today announced that they have extended their partnership with a new multi-year agreement. As part of their partnership, SNUH and Syapse will
Read More
Cerner, Duke to Pilot Cerner Learning Network to Innovate Clinical Research Registries
Cerner Corporation has announced the development of the Cerner Learning Health Network to help clinicians more easily and efficiently gain health insights and guide care. As part of the development, Cerner and the Duke Clinical Research Institute (DCRI) have joined together to pilot the Cerner Learning Health Network and innovate clinical research registries in the process.Learning Registry by the DCRI Pilot ProjectThe pilot project and study, named the Learning Registry by the DCRI, will use
Read More
Ethical Concerns of AI in Healthcare: Can AI Do More Harm Than Good?
The AI doctor can see you now, but it shouldn't treat you until ethics are in place. Professor Timothy Casey explains.
Artificial Intelligence (AI) and ethics—once mythical adversaries only on-screen like in “The Terminator” circa 1984— are now actually at virtual odds in 2019. This time, there are no catchy slogans like Arnold Schwarzenegger’s “I’ll be back,” but the moral question has returned:
Does AI’s transformative power have the ability to do more harm to humankind than good?
That is the
Read More
4 Reasons Why Healthcare Executives Are Less Eager to Invest in Health IT
Hospital and health system C-suite executives recognize that technology will play a central role in helping their organizations meet quality and cost objectives. Yet that’s not necessarily translating to a market that’s more fruitful for health IT companies. In fact, if your healthcare system is taking a more conservative approach to health IT investments in 2019, it’s not alone.
A recent survey of 100 C-suite leaders by Managed Healthcare Executive found that fewer than half of healthcare
Read More
Research: July Digital Health IPOs, M&A Activity, Public Company Performance Summary
Summary of Health IT/digital IPOs, merger & acquisition (M&A) activity, and public company performance during the month of July.
Digital Health IPOs in July
Breaking the digital health IPO drought, there were four initial public offerings (IPOs) during a five-week period from late June to late July, including Livongo, Health Catalyst, Phreesia, and Change Healthcare. The last health IT companies to reach IPO were iRhythym Technologies and Tabula Rasa Healthcare in late 2016 -
Read More
NYC Health + Hospitals Launches Primary Care-Centered Diabetes Management Program
NYC Health + Hospitals, the largest public health care system in the nation announced the launch of a comprehensive, primary care-centered diabetes management program. The diabetes management program includes investing in new clinical pharmacy staff, equipment, and technology to improve health outcomes and expand services through telehealth techniques for more than 60,000 New Yorkers with diabetes who receive care in the City’s public hospitals and community-based health centers.Impact of
Read More
M&A: PE-Backed Guidehouse Acquires Navigant Consulting for $1.1B
Guidehouse (formerly PwC’s US Public Sector business), a portfolio company of private equity firm Veritas Capital has acquired global management consulting firm Navigant Consulting, Inc. for approximately $1.1 billion. The newly combined entity will bring together each organization’s strong expertise in highly regulated industries across both the commercial and government sectors, with a focus on supporting client needs in the industries of Healthcare, Financial Services, Energy, National
Read More
