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Health IT | News, Analysis, Insights - HIT Consultant

Chilmark Report: NLP Technology is Poised to Unlock Value of Unstructured Health Data

by Fred Pennic 07/12/2018 Leave a Comment

Chilmark Report: NLP Technology is Poised to Unlock Value of Unstructured Data

 In the span of 10 years, healthcare organizations (HCOs) have gone from having very little information available for data mining to nearly drowning in vast and complex digital information. Simultaneously, the effort required to enter and clean the data has been unsustainably high, affecting clinician morale and analysts’ ability to extract insights for improving population health.All that is about to change for the better. As revealed in the latest Chilmark Research report, Natural Language
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GHX Acquires Medical Columbus to Expand Healthcare Supply Chain Presence in Europe

by Fred Pennic 07/12/2018 Leave a Comment

GHX Acquires Medical Columbus to Expand Healthcare Supply Chain Presence in Europe

Healthcare supply chain provider GHX announced that the company has entered into an agreement to acquire a majority of assets and employees from Germany-based Medical Columbus, a provider of market leading content management and healthcare procurement software across Germany, Switzerland, Austria, and the Netherlands.With this acquisition, GHX will expand its supply chain and procurement solution offering and trading partner network in key European markets. Both companies’ solutions serve
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CarePort Health, Jackson Health Launch First-of-its-Kind Integration with Cerner EHR System

by Jasmine Pennic 07/12/2018 Leave a Comment

CarePort Health, a provider of care management and post-acute outcomes solutions, announced that longtime Care Management client Jackson Health System will continue its partnership and extend its agreement to utilize CarePort’s discharge planning and referral management platforms at six Miami-area hospitals, medical centers and long-term care facilities.Additionally, CarePort and Jackson Health System developed a first-of-its-kind integration solution between the hospital’s Cerner EHR and the
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Lumiata Raises $11 Million to Accelerate AI Powered Health Analytics

by Jasmine Pennic 07/11/2018 Leave a Comment

Lumiata Raises $11 Million to Accelerate AI Powered Health Analytics

Lumiata raises $11M from Khosla Ventures, BlueCross BlueShield Venture Partners, and Intel Capital to fuel transformation of healthcare across insurers, providers and employers through predictive analytics. Lumiata, a San Mateo, CA-based provider of AI-powered health analytics for managing cost and risk, today announced it has raised $11 million in funding co-led by Khosla Ventures and BlueCross BlueShield Venture Partners. The investment was secured under the leadership of Dilawar Syed, who was
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Report: 10 Disruptive Digital Business Models for Health Insurers

by Fred Pennic 07/11/2018 Leave a Comment

Report: 10 Disruptive Digital Business Models For Health Insurers

Digital technologies will transform the health insurance business and early adopters have started to implement new digital business models with initial success, according to a new Research2Guidance report. The report reveals new digital models are changing the way the insurers interact with patients.For example, digital insurers have reworked the trust equation with the patient, outsourced much of their value chain to their members, and now know much more about them. Digital business models tend
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Candor Healthcare to Implement Medsphere EHR in New Hospitals

by Fred Pennic 07/11/2018 Leave a Comment

Medsphere OpenVista EHR

Medsphere today announced an agreement with Texas-based Candor Healthcare to implement the company's healthcare IT solutions and services.Medsphere Systems Corporation, a provider of affordable and interoperable healthcare information technology (IT) solutions and services, today announced that the company has reached an agreement with Texas-based Candor Healthcare to implement Medsphere healthcare IT solutions in new hospitals Candor manages. The two companies will officially kick off the
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Medtronic and UnitedHealthcare’s Value-based Relationship Results in Lower Costs, Fewer Hospital Readmissions

by Fred Pennic 07/11/2018 Leave a Comment

DPHO, UnitedHealthcare Launch Accountable Care Program

Today, Medtronic and UnitedHealthcare announced positive first-year results from their value-based relationship focused on improving health outcomes for people with diabetes. Results demonstrated cost-savings and reduced hospital admissions for UnitedHealthcare members with type 1 diabetes on Medtronic insulin pumps, when compared to other members on multiple daily injections (MDI) of insulin. Starting in 2016, more than 6,000 UnitedHealthcare members were given access to the Medtronic MiniMed
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How Blockchain Technology Could Help Prevent Medical Fraud

by Kayla Matthews, Contributing Writer 07/10/2018 Leave a Comment

How Blockchain Technology Could Help Prevent Medical Fraud

Most people know blockchain as the transaction ledger associated with cryptocurrency transactions. However, evidence suggests a specific use for it that applies to health professionals — reducing medical fraud. Blockchain’s Innate Characteristics May Cut Down on FraudIndividuals think blockchain shows promise for minimizing fraud in medicine because of some of the features it offers. For example, many fraudulent practices in the health industry and elsewhere begin when people manipulate or
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Change Healthcare Launches Consumer Payment Solution to Transform Their Financial Experience

by Fred Pennic 07/10/2018 Leave a Comment

Change Healthcare Acquires Credentialing Tech Docufill to Improve Administrative Efficiency

This week, Change Healthcare unveiled Member Healthcare Payments, a consumer payment solution that enables health plans to display consolidated patient financial information in a single destination, and empower consumers to better understand and manage their healthcare finances. Additionally, Member Healthcare Payments helps health plans better support providers by collecting patient payments, which can eliminate the provider's need to collect those payments.The first health plan to utilize
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Cerner and Lumeris Launch EHR-Agnostic Solution for Value-based Care

by Jasmine Pennic 07/09/2018 Leave a Comment

Cerner Acquires Siemens Health IT Business for $1.3B

Cerner and Lumeris, a health plan and value-based care managed services operator, today announced a 10-year relationship aimed at eliminating inefficiencies in the current health care system. Under the relationship, the parties will launch a new offering, Maestro Advantage, for value-based arrangements, including Medicare Advantage (MA) and provider-sponsored health plans (PSHPs). The strategic relationship includes a Cerner investment in Lumeris’ parent company, Essence Group Holdings
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