Vesey Street Capital Partners (VSP), a strategic private equity firm with substantial and differentiated Healthcare Services sector and sourcing expertise is exploring the sale of its portfolio company HealthChannels. With 13,000 employees across 50 states and three countries, HealthChannels is comprised of four highly specialized revenue cycle management companies:- ScribeAmerica, the nation’s most frequently used medical scribe company, with a reach of over 30 million patients through more
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Health IT | News, Analysis, Insights - HIT Consultant
Research: Livongo for Diabetes Program Improved Diabetes Distress Levels
Livongo, an Applied Health Signals company empowering people with chronic conditions to live better and healthier lives, today announced the findings of a study conducted in collaboration with Eli Lilly and Company that demonstrated 94 percent of Livongo program Members who participated in a program survey achieved improved Diabetes Empowerment Scale-Short Form (DES-SF) or Diabetes Distress Scale 2 (DDS2) in year one. The research findings were presented on June 8, 2019, at the American Diabetes
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How Hospitals Can Improve Patient Flow Through Location-Aware Healthcare IoT
Nearly every healthcare setting wants to improve their patient flow.Overcrowded emergency rooms. Convoluted surgery schedules. Clunky patient handoffs between departments. Delayed discharges. Ambulance diversions. Long wait times for care or, even worse, patients abandoning treatment due to long wait times.Disruptions in the patient flow need to be taken seriously.But what kind of data do hospital administrators need to make informed changes to their patient flow and where do they find it?Rich,
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Novant Health Launches Institute of Innovation & Artificial Intelligence
Novant Health has launched the Novant Heath Institute of Innovation & Artificial Intelligence (AI), which will use AI to enhance personalized patient care. The institute will focus on the advanced technologies required to provide highly personalized care and accelerated solutions with actionable data and insights for preventive prediction, diagnosis, and treatment to Novant Health’s patients.Novant Heath Institute of Innovation & AI OverviewThe institute will partner with technology
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Waystar Acquires Presumptive Charity Scoring Solution PARO
Waystar, a provider of revenue cycle technology, today announced it has acquired PARO, a financial assistance predictive analytics solution designed for the healthcare industry. As part of the acquisition, the PARO solution will be integrated with Waystar’s technology platform to help hospitals better assess charity care, reduce bad debt and meet community benefit requirements.Why PARO?Nonprofit hospitals are required to make reasonable efforts to determine if patients are eligible for financial
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NextGen Healthcare Launches Behavioral Health EHR to Streamline Patient Data
With the prominence of behavioral health epidemics in the U.S., it’s imperative that physicians have easy access to a single record of physical and behavioral patient data to streamline data collection and improve treatment decisions. This week, NextGen Healthcare has launched its Behavioral Health Suite, a comprehensive electronic health record (EHR) solution that gives providers access to a single, integrated physical and behavioral health record to treat patients.Impact of Behavioral Health
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LabCorp Confirms 7.7M Customers Exposed by Data Breach from AMCA Payment Portal
Just a day after Quest Diagnostics confirmed a data breach, LabCorp has confirmed that nearly 7.7 million customers’ personal information may have been exposed due to a data breach from third-party collections firm American Medical Collection Agency (AMCA). According to a U.S. Securities and Exchange CommissionOpens a New Window. (SEC) filing, unauthorized activity on AMCA’s web payment page occurred between August 1, 2018, and March 30, 2019.The exposed data could include first and last name,
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Boston Medical Center Joins Medicaid Transformation Project with 27 Health Systems
AVIA, the nation’s leading network for health systems seeking to innovate and transform, today announced that Boston Medical Center (BMC), the largest safety net hospital and busiest trauma and emergency services center in New England is one of AVIA’s newest members. BMC will collaborate with 27 health systems in the Medicaid Transformation Project (MTP), which is led by AVIA and Andy Slavitt, former acting administrator of the Centers for Medicare & Medicaid Services.
Medicaid
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3 Things Patients Want From Their Healthcare Financial Experience
In most healthcare organizations, basic automation is used to complete individual revenue cycle tasks. Seldom, however, is technology used to optimize entire revenue cycle management (RCM) processes and improve the patient financial experience.
The situation is dramatically different outside of healthcare in industries that have long competed for direct consumer dollars.
To book an airline flight, for example, consumers simply open up an app or a website. At their convenience — any time of day
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Cloud-Based Patient Matching Expands with Verato and MyDirectives Partnership
Verato, a provider of cloud-based patient matching, today announced that digital advance care planning company, ADVault, Inc., is the first partner in its new Powered by Verato(PBV) program. The program offers healthcare technology firms a next-generation patient matching solution that is highly accurate, secure, cost-effective, and easy to implement—all as a utility—using the Verato Universal MPI for patient matching.Powered by Verato Program BackgroundPatient matching is at the core of
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