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Health IT | News, Analysis, Insights - HIT Consultant

Redox, FDB Partner to Enable Interoperability of Critical Patient Medication Information

by Fred Pennic 09/04/2019 Leave a Comment

Redox Lands $33M for Scalable Healthcare Data Interoperability Platform

Redox today announced it has partnered with FDB (First Databank, Inc.) to enable scalability and accessibility of critical patient medication information from FDB’s industry-leading SMART on FHIR® app, Meducation®, now listed in the Epic App Orchard.The Bigger PictureClinicians using Meducation to document a patient’s medication regimen access, generate and review Meducation content at various points within the workflow—including for bedside counseling and at discharge. Using Redox, clinicians
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L.A. Care Health Plan, Blue Shield of California to Invest $145M to Improve Member, Community Health

by Jasmine Pennic 09/04/2019 Leave a Comment

L.A. Care Health Plan, Blue Shield of California to Invest $145M to Improve Member, Community Health

L.A. Care Health Plan Health and Blue Shield of California Promise Health Plan to invest $146 Million to improve member and community health Health Plans to jointly operate 14 community resource centers across Los Angeles County growth plan aims to serve more than one million when fully operational Today, Blue Shield of California and L.A. Care Health Plan, announced they will invest a combined $146 million over five years to improve member and community
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Capital Rx Launches Clearinghouse Model to Bring Price Visibility to Prescription Drug Costs

by Fred Pennic 09/04/2019 Leave a Comment

Capital Rx Brings Price Visibility to Prescription Drug Costs With The Launch of Industry First Clearinghouse Model

Quick Glance- Capital Rx launches new innovative Clearinghouse Model, a new pricing framework that will itemize the actual unit cost for all drugs for the first time- The Clearinghouse Model will eliminate price variability for customers, ensuring that drug costs are the same for all customers.- Pharmacies in its retail network, which includes chains, like Walmart, Walgreens, to grocers and independent pharmacies, will be able to deliver the lowest prescription prices to customers.- While rising
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Helping VA to Combat Infectious Disease Across the Full Continuum of Care

by Diane Ratner, Senior Product Line Manager of TheraDoc, DSS, Inc. 09/04/2019 Leave a Comment

1Vision and AMC Health Lands VA Contract to Provide Telehealth Solutions to Veterans

VA hospitals and clinicians face challenges not present in commercial hospitals, which is that they provide Veterans with 100 percent of care services throughout their lifetimes. With a focus on the full continuum of care, this includes specialty care at VA clinics for chronic conditions, acute hospital admissions and/or ER visits, all prescriptions filled at VA pharmacies, and end-of-life care in a VA community living centers/nursing homes. In VISN4, there are nine VA Medical Centers serving
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4th Annual Accenture HealthTech Innovation Challenge Kicks Off

by Fred Pennic 09/03/2019 Leave a Comment

4th Annual Accenture HealthTech Innovation Challenge Kicks Off

Quick Glance-   Accenture kicks off the application period for the fourth annual Accenture HealthTech Innovation Challenge-   Challenge seeks to support innovative approaches and solutions for improving the way people access, manage and finance healthcare in North America-    Three categories for this year’s Accenture HealthTech Innovation Challenge are operational efficiency, increased access, and consumer experienceAccenture, today kicked off the application period for the fourth annual
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ONC Awards The Sequoia Project to Serve As Recognized Coordinating Entity to Support Interoperability

by Fred Pennic 09/03/2019 Leave a Comment

ONC Awards The Sequoia Project to Serve As Recognized Coordinating Entity to Support Interoperability

Quick Glance- ONC awards The Sequoia Project a cooperative agreement for the Trusted Exchange Framework and Common Agreement to support advancing nationwide interoperability of electronic health information- The RCE will be responsible for developing, updating, implementing, and maintaining the Common Agreement component of the Trusted Exchange Framework and Common Agreement (TEFCA)- RCE will collaborate with ONC to designate and monitor Qualified Health Information Networks (QHIN), modify and
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5 Steps to Achieving a Mature Enterprise-Class Quality Program

by Jeffrey Springer, Sr. VP of Healthcare Solutions for CitiusTech 09/03/2019 Leave a Comment

5 Steps to Achieving a Mature Enterprise-Class Quality Program

The game is changing faster than ever as more payer contracts and regulatory programs adopt risk-based models. To be successful, payer and provider organizations know they must increase quality scores and revenue while reducing avoidable medical costs. Yet, the providers who are critical to that success are burned out. According to a recent survey, nearly one-third of providers say their biggest frustration is constant “busy work,” such as electronic health record (EHR) data entry and prior
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Baptist Health South Florida Launches Spanish and English Patient Access Solutions

by Jasmine Pennic 09/03/2019 Leave a Comment

Baptist Health South Florida Launches Spanish and English Patient Access Solutions

Quick Glance- Baptist Health South Florida launches new online patient access experience for consumers with technology from Kyruus- Solution enhances digital capabilities for Both English- and Spanish-Speaking consumers in the greater Miami areaKyruus announced that Baptist Health South Florida is now leveraging its ProviderMatch for Consumers and ProviderMatch® for Consumers in Spanish solutions. As a result, English- and Spanish-speaking patients in the Greater Miami Area can easily search for
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The Drought is Over: It’s Raining Health IT IPOs

by Healthcare Growth Partners (HGP) 08/30/2019 Leave a Comment

The Drought is Over: It’s Raining Health IT IPOs

Three venture-backed health IT companies completed IPOs in July, ending an almost three-year drought of health IT IPOs.  Share prices soared following each IPO, indicative of the enthusiastic response and a desire to see more health IT companies make their way toward public debuts. Composition of revenue, gross margin, and growth are key differentiators between these and all companies and key drivers of valuation.  Given the enthusiastic shareholder response to these listings, we
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CVS Caremark’s Drug Hyperinflation Strategy Lowers Costs for Clients

by Jasmine Pennic 08/30/2019 Leave a Comment

CVS Hyperinflation Drug Removal Program Strategy Lowers Costs for Clients

In 2017, CVS Caremark established a hyperinflation drug removals program to help rein in skyrocketing pharmaceutical costs for its clients. This program reviews drug price inflation on a quarterly basis and removes drugs with especially big price tags with lower-priced, clinically equivalent alternatives. CVS Caremark’s hyperinflation drug removal program was able to save clients more than $15 per 30-day supply, spending $88.30 on average (per 30-day supply) compared to $102.58 for those on
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