What You Should Know:
- Elevate Health, a Washington-based nonprofit Accountable Community for Health (ACH) organization, has partnered with us to leverage the Innovaccer Health Cloud to strengthen care management and improve patient outcomes. It was challenged to integrate data from disparate sources and close gaps for hundreds of patient records.
- With the Innovaccer Health Cloud, Elevate Health saved $6M in care costs and redefined its care management
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Health IT | News, Analysis, Insights - HIT Consultant
Why Provider-Payer Collaboration is the Secret to Value-Based Success
Just before the COVID-19 pandemic emerged, 48% of healthcare providers surveyed said three-quarters of their organization’s payments were grounded in fee-for-service models of care. Fast forward a year and the financial aftershocks of the pandemic have highlighted some of the benefits of value-based models for providers as well as health plans and consumers.
Despite the benefits of incentive-based payment models in healthcare, including indications that it may reduce readmissions and
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Innovaccer Unveils Health Plan Analytics Tool to Give a Comprehensive View of Over 700 Medicare Advantage Plans
What You Should Know:
-Innovaccer Inc., a leading healthcare technology company, recently launched its Health Plan Analytics tool, which provides a comprehensive view of health plan performance across the country.
-With this tool, payers can identify the quality parameters where they lag and determine the performance threshold to attain satisfactory ratings and enrollment. In addition, the tool generates state-by-state market insights to develop strategies to increase
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Iodine Acquires Clinical Documentation Solution ChartWise – Health M&A
What You Should Know:
- Iodine Software, a healthcare AI company, today announced it has acquired clinical documentation integrity company ChartWise Medical Systems. Financial details of the acquisition were not disclosed.
- The acquisition comes just two weeks after Iodine completed an acquisition of Artifact Health, a mobile-based physician query platform that was in 300+ hospitals. Now, after both acquisitions, Iodine will now support more than 800 of top U.S. health systems,
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Datavant + CIOX Health Announce $7B Merger to Tackle Health Data Fragmentation
What You Should Know:
- Today, Datavant and CIOX Health announced an agreement to merge the two companies in a transaction valued at $7.0 billion. The combined entity, to be named Datavant, will be the nation’s largest health data ecosystem, enabling patients, providers, payers, health data analytics companies, patient-facing applications, government agencies and life science companies to securely exchange their patient-level data.
Merger Impact
The
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4 Common Pitfalls of Remote Patient Monitoring to Avoid
COVID-19 created a colossal opportunity for health plans and providers to reimagine how they engage with patients. With patients apprehensive about going to the doctor during the pandemic, it became even more vital to keep track of their health in between visits. This is where remote patient monitoring (RPM) becomes critical to every payer and provider’s virtual health strategy. RPM uses digital technologies to collect data about symptoms, medications, treatment, and biometrics from individuals
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Nuvolo Secures Funding from Mayo Clinic to Accelerating OT/Cybersecurity Capabilities in Healthcare
What You Should Know:
- Nuvolo, the world's fastest-growing workplace software company, today announced it has extended its Series C round for a total of $32 million.
- The latest investment comes from Mayo Clinic. Nuvolo will use the investment to advance the company's Operational Technology (OT) cybersecurity solution which helps healthcare organizations, and other OT intensive industries, address the growing challenges posed by the proliferation of cybersecurity threats from
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CareDx To Acquire Transplant Hero Medication Management App – M&A
What You Should Know:
- CareDx, Inc. (Nasdaq: CDNA), a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced it has acquired Transplant Hero LLC, a New York-based provider of a mobile app supporting the needs of transplant patients.
- The acquisition of Transplant Hero builds on
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Monogram Health Raises $160M for Next-Gen Kidney Care Platform
What You Should Know:
- Monogram Health, a Nashville, TN-based kidney disease benefit management and care delivery company has closed a $160 million Series B funding round led by TPG Capital, the private equity platform of global alternative asset firm TPG. The funding round also includes existing investors Frist Cressey Ventures and Norwest Venture Partners, as well as Humana Inc. and other notable national and regional strategic investors.
- Monogram is focused exclusively on managing
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The Crucial Role of SDOH Data in Value-Based Care
Roughly $4 trillion is spent on healthcare annually in the U.S. Despite this massive expenditure, roughly 80% of health outcomes are attributed to social, behavioral and environmental factors, known as social determinants of health (SDOH).
What has been far less clear is how providers and payers can fully harness SDOH data to proactively manage the health of patients and members. Technological and cultural barriers have made it difficult for disparate parties such as
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