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Health IT | News, Analysis, Insights - HIT Consultant

CMS Launches Pilot to Give Clinicians Direct Access to Claims Data

by Jasmine Pennic 07/30/2019 Leave a Comment

Survey: Hospital Cost of Following-up on Late Insurance Claims Higher Than Estimated

New CMS Pilot program gives clinicians direct access to claims data, putting patients over paperwork and at the center of their care.Today, at the White House Blue Button Developers Conference (BBDC), the Centers for Medicare & Medicaid Services (CMS) announced a new pilot program for clinicians called “Data at the Point of Care” (DPC). DPC is based on an industry-standard application programming interface (API), and is part of the MyHealthEData Administration-wide initiative that is
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Q&A: Dr. Geeta Nayyar Discusses the State of Physician Burnout & EHRs

by Erica Garvin 07/30/2019 Leave a Comment

Dr. Geeta Nayyar Discusses the State of Value-Based Care, HIT Challenges, and Physician Burnout

Before drifting off to sleep, most of us put on pajamas when it’s time to curl up with a good book or binge-watch what’s trending on Netflix—but not today’s doctors. According to one previous study, physicians spend nearly two hours conducting EHR/paperwork every night at home. This after-hour activity is known in healthcare as “pajama time,” but don’t let the cutesy nickname fool you. Turns out, time spent mired with EHR data is becoming a growing problem for physicians. A subsequent study
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HIM Provider Ciox Health Lands $30M to Expand Health Data Repository

by Fred Pennic 07/29/2019 Leave a Comment

HIM Provider Ciox Health Lands $30M to Expand Health Data Repository

Ciox Health, a provider of health information management solutions has raised $30 million in equity investment capital led by Merck Global Health Innovation Fund (Merck GHIF) and private equity owner New Mountain Capital.  Every record represents a real person. Each data point is a potential game-changer in someone’s life: a connection to be understood and acted upon. Ciox rapidly and securely facilitates access to clinical records on behalf of its healthcare provider customers, enabling
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5 Steps to an Efficient Data-Driven Transfer Center

by Angie Franks, President & CEO of Central Logic 07/29/2019 Leave a Comment

5 Steps to an Efficient Data-Driven Transfer Center

Empowered teams, standardized processes, reliable insight, automation, and measurement will improve operations, decrease leakage and improve the patient experience. High-performance transfer centers are becoming mandatory components for any health system operating in competitive healthcare markets, which are only becoming more competitive and consolidated. That is because high-performance transfer centers help align patients with the right care, in the right location at the right time, which
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Human API Expands Their Consumer Driven Health Data Network to 85% Coverage of U.S. Hospitals

by Jasmine Pennic 07/25/2019 Leave a Comment

Health Data Platform Human API Raises $10M to Fuel Market Expansion

Health tech startup Human API today, announced it has vastly expanded their provider data network to drive the consumer health revolution forward.  This first ubiquitous consumer health data network in the U.S. will allow people to securely share their data from anywhere with any company.Mission to Health Data Use & Sharing Simple & CentralizedIn their ambitious quest to make health data use and sharing simple and centralized, Human API now boasts a real-time, consumer-centric data
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Reducing Preventable Medication Errors and Adverse Drug Events

by Dr. Chris Hobson, MD MBA, Chief Medical Officer at Orion Health 07/25/2019 Leave a Comment

Top 5 Roadblocks to Population Health Management for Providers

Using a Health Information Exchange (HIE), clinicians across multidisciplinary care teams can access a patient’s medications, reconcile the list and monitor their progress, thereby reducing medication errors and future costs from preventable hospital admissions. Multiple factors combine to make the prescribing, supplying and taking of medications a perilous and costly issue for patients and the healthcare sector. Prescription medication use is by far the most common health intervention.
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Largest Physician-Led Radiology Practice Radiology Partners Lands $700M

by Jasmine Pennic 07/24/2019 Leave a Comment

Largest Physician-Led Radiology Practice Radiology Partners Lands $700M

Radiology Partners, (RP), the largest physician-led and physician-owned radiology practice in the U.S. with 1400 radiologists supporting more than 1000 hospitals across 21 states, today announced that Starr Investment Holdings (SIH) has invested approximately $700M of long-duration capital in the practice to support its continued growth, including future practice and hospital system partnerships, as well as investments in clinically-focused technology and innovation. RP physicians are also
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Tenet to Spin Off RCM Provider Conifer Health as Separate, Public Company

by Fred Pennic 07/24/2019 Leave a Comment

Tenet to Spin Off RCM Provider Conifer Health as Separate, Public Company

Tenet Healthcare Corporation has announced its intention to pursue a tax-free spin-off of its revenue cycle management business unit Conifer Health as a separate, independent publicly-traded company. The company expects to complete the spin-off by the end of the second quarter of 2021. This announcement is the culmination of the Conifer strategic review process announced in December 2017.Spin-Off ProcessThe separation process will include a thorough review of the necessary executive leadership
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Analysis: Cerner, Epic, Allscripts and MEDITECH’s International EHR Endeavours

by Alex Green, Director at Signify Research 07/24/2019 Leave a Comment

Cerner, Epic, Allscripts and Meditech’s International EHR Endeavours

In this insight, we assess how the top US acute EHR vendors, namely Epic, Cerner, Allscripts and MEDITECH (+85% share of US acute market in terms of revenues), have progressed specifically on the third point, international expansion.The below figure shows that there is a significant variance amongst the big four in terms of revenue and share of business outside the US. Cerner has by far the highest revenue at more than $600M in 2018, representing 12% of its business. Whilst MEDITECH has much
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Health Tech VC Firm Flare Capital Partners Closes $255M Fund

by Fred Pennic 07/23/2019 Leave a Comment

Health Tech VC Firm Flare Capital Partners Closes $255M Fund

Healthcare technology venture capital firm, Flare Capital Partners, today announced the closing of its second fund, Flare Capital Partners II, L.P., with a total of $255 million in committed capital. The oversubscribed fundraise follows up its inaugural fund, which was raised in April 2015, and establishes Fund II as one of the largest, independent, dedicated healthcare technology venture capital investment funds. Evolving Healthcare Industry Demands Innovative Business ModelsThe U.S. healthcare
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