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Health IT | News, Analysis, Insights - HIT Consultant

Digital Medical Tech Raises $1.5M for Hospital Management & Asset Tracking

by Fred Pennic 08/26/2019 Leave a Comment

Digital Medical Tech (DMT), an Annapolis, MD-based solution provider for hospital management and asset tracking, recently raised $1.5 million in seed capital led by DMTI Capital Partners, LLC. The company plans to use the funding to launch a nationwide engagement program for targeting healthcare providers and potential partnerships. Solutions for Hospital Management & Asset Tracking Founded in 2016 by CEO Matthew Nicholson, Digital Medical Tech’s enables health systems to proactively
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Israeli Startup MDClone Lands $26M to Expand Healthcare Data Sandbox

by Fred Pennic 08/23/2019 Leave a Comment

Israeli Startup MDClone Lands $26M to Expand Healthcare Data Sandbox

MDClone, an Israeli-based provider of the world’s first healthcare data sandbox has raised $26 million in Series B funding led by aMoon with participation from existing investors OrbiMed Israel Partners and Lightspeed Venture Partners. MDClone plans to utilize the funding to further develop its existing platform and build new products and novel approaches leveraging data across its global network, as well as accelerate sales and marketing efforts.Healthcare Data Sandbox: Explore and Discover
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Apple Health Records Now Available to Allscripts EHR Clients & Patients

by Fred Pennic 08/23/2019 Leave a Comment

Apple Health Records Now Available to Allscripts EHR Clients & Patients

Allscripts announced that Apple Health Records is now available for Allscripts Sunrise, TouchWorks and Professional EHR clients and their patients. Apple Health Records brings together hospitals, clinics and the existing Apple Health app to make it easy for individuals to see their available health data from multiple providers whenever they choose.Health Records is available for iPhone users running iOS 11.3 or higher. This latest offering is an addition to Allscripts robust patient engagement
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Report: E-Prescription Accuracy Has Increased by 64% Since 2016

by Fred Pennic 08/22/2019 Leave a Comment

Report: E-Prescription Accuracy Has Increased by 64% Since 2016

As an industry, moving to electronic prescribing has changed the way clinicians, pharmacists and patients communicate about drug therapies. New data released today from Surescripts reports that e-prescription accuracy has increased by 64% since 2016. Thanks to this improvement, the handwritten doctor’s note that was often illegible or lost in transit is now a secure, digital transaction.Despite Growth, Challenges RemainsE-prescribing changed the way patients, prescribers and pharmacists
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MDisrupt Launches The World’s First Medical Diligence Company

by Jasmine Pennic 08/21/2019 Leave a Comment

MDisrupt Launches The World’s First Medical Diligence Company

Two experienced healthcare technology leaders has announced the launch of MDisrupt, the first medical diligence company for the health technology industry. The first-of-its-kind firm will focus on helping investors, startups, and healthcare organizations with an independent, transparent review of health tech-related products, data claims, and processes.  If deficiencies are identified, MDisrupt offers strategic guidance and the ability to utilize an extensive network of experienced health
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EMR Integration Is Key to Success for Drug Diversion Monitoring, KLAS Report Finds

by Fred Pennic 08/21/2019 Leave a Comment

EMR Integration Is Key to Success for Drug Diversion Monitoring, KLAS Report Finds

EMR integration dramatically improves customer success with drug diversion monitoring solutions, according to a new KLAS Report. The new report reveals that EMR integration with drug diversion monitoring enables analytics tools to compare drug-use data from the eMAR, not just pharmacy systems. This integration closes the loop on the full medication administration process, improving accuracy, and creating a more complete picture for investigation.State of Drug Diversion Monitoring Solutions in
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Only 20% of Customers Use A Pharmacy’s Mobile App, J.D. Power Finds

by Fred Pennic 08/21/2019 Leave a Comment

Only 20% of Customers Use A Pharmacy’s Mobile App, J.D. Power Finds

Only 20% of customers use a pharmacy’s mobile app, but those who did have satisfaction scores as much as 23 points higher than those who do not, according to the J.D. Power 2019 U.S. Pharmacy Study. The study reveals that despite the looming threat of disruption at the hands of e-commerce, the U.S. pharmacy industry continues to enjoy superior levels of customer satisfaction in both the brick-and-mortar and mail order segments.Other key findings of the 2019 study include:- Face-to-face
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6 Market Growth Opportunities for Clinical Decision Support Systems

by Jasmine Pennic 08/21/2019 Leave a Comment

The clinical decision support systems (CDSS) market is expected to grow from $3.79B in 2018 to $6.4B in 2024, at a compound annual growth rate (CAGR) of 9.3%, according to Frost & Sullivan's recent analysis. The new report, US Clinical Decision Support Systems Market, Forecast to 2024, analyzes the latest trends impacting the CDSS space including market growth in clinical knowledge and medical evidence, healthcare analytics, workflow solutions, EHRs, medical devices, data support, clinical
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Livongo Founder Glen Tullman to Receive “Ripple of Hope” Award

by Fred Pennic 08/20/2019 Leave a Comment

Livongo Founder Glen Tullman to Receive "Ripple of Hope" Award

Livongo Founder and Executive Chairman Glen Tullman will be honored with a Robert F. Kennedy Human Rights Ripple of Hope Award for his career focused on improving the safety, empathy, and efficiency of our healthcare system.  The Ripple of Hope Award Background The Ripple of Hope Award celebrates leaders of the international business, entertainment, and activist communities who have demonstrated a commitment to social change. Past honorees include President Barack Obama, Archbishop
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Signify Health, Remedy Partners Merge to Create Market Leading Value-Based Care Enablement

by Fred Pennic 08/20/2019 Leave a Comment

Signify Health, Remedy Merge to Create Market Leading Value-Based Care Enablement

Signify Health and Remedy Partners have signed a definitive agreement to merge to create a market-leading platform delivering value-based care enablement. Together, Signify Health and Remedy Partners both portfolio companies of New Mountain Capital LLC will leverage clinical, behavioral and social data amidst an accelerating market shift from fee-for-service toward value-based payments and arrangements based on the quality and total cost of care for a patient.Merger Creates Combined Revenue of
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