“He who controls information controls the world.” This quote, which sounds like it should be from a famous world leader but is actually from a character on the sci-fi program “Babylon 5,” perfectly describes the opportunity life sciences organization marketers have before them today.As healthcare continues its rapid march toward value-based care, providers are increasingly being held responsible for patient (and financial) outcomes. Yet many of them are taking on this risk essentially
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Health IT | News, Analysis, Insights - HIT Consultant
KLAS Unveils 5 Small Hospital EMR Market Trends to Watch
In 2017, 216 acute care hospitals contracted for a new EMR, with 1–200 bed hospitals accounting for the vast majority (80%) of these decisions, according to a recent KLAS report. EMR purchasing by smaller hospitals is being driven primarily by these organizations’ need to exchange information with surrounding hospitals and desire for vendors that offer newer, more innovative technology and more flexible financial options. These smaller hospitals are hungry for new technology but often resource
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Oneview Healthcare Expands Patient Experience Platform to Thailand & UAE
Oneview Healthcare, PLC (“Oneview”), a global leader in patient experience, today announced an expansion in their global footprint by signing a new contract with Bumrungrad International Hospital (“Bumrungrad”) in Bangkok, Thailand. The new three-year contract involves deploying the Oneview solution in 497 beds and 110 digital signage locations at Bumrungrad’s flagship hospital at Sukhumvit 3 in Bangkok. In addition, an existing Oneview customer, Mediclinic Middle East in the UAE, (part of
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Cureatr Appoints Richard Resnick as New CEO to Broaden its Offerings
Cureatr, a real-time healthcare information service provider, today announced the appointment of Richard Resnick as Chief Executive Officer and member of its board of directors. Under Resnick’s leadership, Cureatr is broadening its offerings to meet the evolving needs of providers and patients alike.Prior to joing Cureatr, Resnick serve as the CEO of VC-backed GQ Life Sciences, where he revitalized strategy to turn company around from a -44% to a 33% EBITDA margin and sold company for 10X EBITDA
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Survey: Only 7% of Healthcare Companies are Unlikely to be GDPR-Compliant
Security executives working in healthcare and finance report the most resistance to GDPR, according to survey of 302 C-level security executives conducted by Netspaker. With Friday’s GDPR deadline looming overhead, fifty-seven percent of C-Level executives are re-engineering internal systems and procedures ahead of May 25.The survey of more than 300 C-level security executives, conducted online by Propeller Insights on behalf of Netsparker in March 2018, found that companies are taking the
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UnitedHealthcare & Quest Diagnostics to Use Real-Time Data Sharing for Patients, Establishes Long-Term Strategic Partnership
UnitedHealthcare and Quest Diagnostics have established a long-term strategic partnership as the two organizations focus on ways to create more personalized care recommendations and a simpler consumer experience for the more than 48 million people enrolled in UnitedHealthcare plans. Beginning Jan. 1, 2019, Quest will be participating as a national provider of laboratory services for all UnitedHealthcare plan participantsUnder the partnership, UnitedHealthcare and Quest will use real-time data
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Drug Pricing Transparency: Can Health IT Lower Drug Pricing for Patients?
Certain practices of pharmacy benefit managers (PBMs) have helped jack up drug prices to the point where many people can no longer afford their medications. For example, PBMs charge health plans considerably more for a drug than they pay pharmacies for the same medication. This “ingredient spread,” which generates much of the PBMs’ profits, results in health plans placing drugs into a higher-price tier. As a result, members’ copayments go up. Sometimes they’re higher than the cash prices for
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Anthem to Acquire Community-based Palliative Care Provider Aspire Health
Anthem, Inc., the country's second largest health insurer, today announced that the company has entered into an agreement to acquire Aspire Health, the nation’s largest non-hospice, community-based palliative care provider. Financial terms of the acquisition were not disclosed and is expected to close in the third quarter of 2018. Founded in 2013 by former U.S. Senator and physician William Frist and Brad Smith, Aspire Health utilizes proprietary predictive clinical and claims-based patient
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M*Modal Unveils Enhancements to I-Powered Clinical Documentation Integrity (CDI) Solutions
M*Modal, a provider of clinical documentation and Speech Understanding solutions, today announced further enhancements to its artificial intelligence (AI) powered and outcomes-driven CDI solutions. Integrated with over 150 EHRs, M*Modal CDI solutions provide physicians and clinical documentation improvement specialists (CDIS) with a unified and more efficient workflow that closes the loop between physician and CDIS documentation processes. Going beyond traditional inpatient CDI, M*Modal supports
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Iora Health Lands $100M for Relationship-Driven Primary Care Model
Iora Health, a Boston, MA-based value-based primary care provider focused on Medicare has raised $100 million in Series E funding from global investors including .406 Ventures, Devonshire Investors, F-Prime Capital, Flare Capital Partners, GE Ventures, Humana, Khosla Ventures, Polaris Partners and Temasek. The company plans to utilize the funding to expand operations and invest further development of its proprietary collaborative care IT platform, Chirp that enables Iora's teams to care for
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