Virta Health unveils new value-based care model that makes every dollar performance-based, with the majority tied to health outcomes for diabetes reversal. Virta Health, a San Francisco, CA-based provider of a clinically-proven treatment to safely and sustainably reverse type 2 diabetes without the use of medications or surgery, today announced a unique value-based care model that puts 100% of its fees at risk. The new model ensures that every dollar is tied performance-based benchmarks to
Read More
Health IT | News, Analysis, Insights - HIT Consultant
DrChrono Releases Physical Therapy EHR Bundle with Integrated Digital Home Exercise Prescription and Outcome Tracking Feature
Mobile EHR provider DrChrono, today announced a new integrated Physical Therapy and musculoskeletal (MSK) EHR bundle designed to help providers easily engage patients through exercise program prescription, educational content, and outcomes tracking. The new bundle includes a smartphone, tablet and the ability to support telemedicine consultations before, during or after direct patient treatments, along with Physitrack’s complete platform of tools.DrChrono Physical Therapy EHR Bundle
Read More
M&A: Veritas and Evergreen Coast Capital to Acquire athenahealth for $5.7B
athenahealth, Inc., today announced private equity firms Veritas Capital and Evergreen, the private equity subsidiary of Elliott Management will acquire athenahealth for approximately $5.7 billion in cash ($135 per share). The acquisition comes months after Elliot Management made an unsolicited bid to acquire the company for $6.5B.Financial DetailsUnder the terms of the agreement, athenahealth shareholders will receive $135 in cash per share. The per share purchase price represents a premium of
Read More
Revenue Leakage: How Big Data Can Address Challenging Denials at Academic Medical Centers
It’s no secret that many hospitals find themselves in faltering fiscal health lately. According to the Harvard Business Review, since the start of 2016, some of the nation’s top hospitals have lost hundreds of millions of dollars of income.These challenges can be especially pressing for academic medical centers (AMCs), who process a large volume of complex, high-ticket medical claims and generate revenue from direct patient care.Today, AMCs are finding themselves less insulated from changes in
Read More
Survey: Most Physicians Fail to Share Prescribed Medication Costs with Their Patients
New DrFirst survey reveals almost 75% of consumers would change pharmacies to save money, yet the majority of physicians do not provide price information. With medication adherence being a critical factor in patients' long-term health, physicians are under increasing pressure to discuss costs with patients when they write prescriptions. Yet according to a recent DrFirst survey, fewer than half (44%) of consumers say their physician advised them about medication costs or offered lower-cost
Read More
3 Major Misconceptions About Managed Print Services in Healthcare
Managed Print Services (MPS) is a concept that has been around for a long time and has many different definitions and even more approaches. At its very core, Managed Print Services is about controlling costs, providing transparency to utilization, and supporting the technical print environment. With that said there are many misconceptions when it comes to Managed Print Services overall and especially within healthcare.The healthcare environment is quite unique and provides challenges to many of
Read More
R1 and Automation Anywhere Team Up to Apply Enhanced AI to Revenue Cycle Management
R1, a provider of revenue cycle management (RCM) services is teaming up with Automation Anywhere to incorporate their Robotic Process Automation (RPA) technologies into the healthcare revenue cycle. This move supports the industry’s call for digital transformation across hospitals, health systems and physician practices alike. Benefits of Applying AI in Revenue Cycle ManagementR1’s technology solutions currently leverage RPA, driving improved results for its clients, such as increasing net
Read More
SUNY Hospital Taps Vocera to Reimagine Physician-Patient Experience with Digital Rounding
Upstate University Hospital in New York has adopted the Vocera Rounds solution to improve communication between physicians and patients, improving care and satisfaction.Vocera Communications, Inc., a provider of clinical communication and workflow solutions, today announced that physicians at Upstate University Hospital in New York have implemented Vocera’s digital rounding solution to improve communication. SUNY Upstate Medical University located in Syracuse, NY, is the only academic medical
Read More
Today’s Behavioral Health Providers are Failing: Why Data Analytics is the Solution
Today, behavioral health is more important than ever. Major news outlets, from The New York Times to The Wall Street Journal, constantly cover the mental health epidemics wracking the nation, be it widespread opioid abuse or the steady, upward creep of suicide and self-harm.Spurred on by the scope and severity of these societal problems (as well as new legislation passed to address them), the behavioral health sector has grown exponentially. Yet this field is not without its problems: despite
Read More
DrChrono EHR Integrates With Diagnoss to Offer Physician Practices AI-Driven Medical Coding
Diagnoss integration with DrChorno’s mobile EHR will help physician practices automate their medical coding through artificial intelligence. Mobile EHR provider DrChrono is teaming up with Diagnoss, a company focused on reducing the administrative burden of medical practices to offer physician practices artificial intelligence (AI) technology to help automate the medical coding process. Diagnoss's artificial intelligence technology helps medical establishments improve their collections while
Read More
