BioTelemetry, a provider of remote and wireless medical technology announced it has agreed to acquire Geneva Healthcare, a provider of remote implantable cardiac device-monitoring services. Under terms of the acquisition agreement, BioTelemetry will pay $45M in cash upfront plus potential earn-outs of at least $20M. Geneva generated $6M in revenue in 2018. Founded in 2011 by a team of cardiologists and user experience designers, Geneva has developed a proprietary cloud-based platform that
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Health IT | News, Analysis, Insights - HIT Consultant
Phynd Lands $8M to Expand EHR-Integrated Provider Information Platform
Phynd, a Dallas-based provider information management platform, today announced it has raised more than $8 million in Series B funding from participating investors MemorialCare Innovation Fund, Rex Ventures (the investment arm of UNC Health Care), Orlando Healthcare Ventures and Dallas Venture Partners. Provider Information ManagementFounded in 2013, Phynd is a strategic enterprise platform managing all operational provider data, powering your core processes with robust provider data via
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Alert Fatigue: A Smarter Approach to Clinical Alarm Management
Thinking back to my time as a nurse on a busy telemetry unit, I can tell you how most days began. Clock in by 6:55 a.m. and throw my lunch in the fridge. Then, I check the assignment board, see who is in charge and how many patients I have. Next, I had to find the nurses who will report on my four to six patients, which usually includes a quick synopsis of any pertinent issues and the plan for the day.This sounds relatively easy. However, I am trying to accomplish these modest but critical goals
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Digital Reasoning and Clearwater Merges AI + Security to Transform Patient Experience
Digital Reasoning and Clearwater (a healthcare security provider) today announced a strategic three-year Cyber Risk Services partnership enabling healthcare providers to realize the promise of artificial intelligence (AI) supported by a proven and trusted cybersecurity and HIPAA compliance program. This partnership sets the standard for how the healthcare industry can merge these cutting-edge technologies to derive deeper value from patient data + achieve a triple aim - cost, quality, and
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HSBlox’s Blockchain Advances Clinical Trial Sample Management with Increased Visibility,
HSBlox, a technology company that is bringing innovation and transparent economics to the healthcare ecosystem, today announced the launch of its Digital Sample Manager (DSM) solution, which leverages blockchain technology (distributed ledger technology or DLT) to bring improved visibility, transparency and tracking to the chain of custody in clinical trials. The solution provides end-to-end sample tracking and real-time status updates to all chain of custody entities.Advancing Clinical Trial
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Report: Understanding The Impact of Burnout on Healthcare Executives
According to a new survey report from executive firm Witt/Kieffer, 79% of healthcare executives feel that burnout is negatively impacting their organization. In fact, 79% of healthcare executives believe that their organization is not doing enough to reduce or prevent executive burnout. The survey report, The Impact of Burnout on Healthcare Executives surveyed close to 350 healthcare executives representing CEOs, CFOs, CMOs, Chief Nursing Officers and other executives at the C-suite, Vice
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Intermountain and MDClone Integrate to Transform Patient Data into Actionable Insights
Intermountain Healthcare, today announced it is teaming up with Israeli healthcare IT company MDClone to increase caregivers’ ability to transform patient data into information they can use to help people lead the healthiest lives possible. As part of the collaboration, MDClone will share a new approach to healthcare data access, analytics, and research with Intermountain. The new partnership will further transform its existing rich data sources into more meaningful information that will enable
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Clinical Secure Texting: Optimizing Care Coordination in Hospice Care
Playing phone tag and leaving voice mail is painfully inefficient. Thankfully, most of us can rely on e-mail and text messages to communicate with one another both personally and in business. In healthcare though, especially when at-risk hospice patients are involved, phone tag with a clinician is not only frustrating, but it can have life-threatening consequences.Consider this real-life scenario: Sue, a hospice nurse, went to check on Flo, a terminally ill cancer patient. Upon the initial
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Blockchain Technology: A Hopeful Secure Solution for Healthcare?
An electronic health record, or EHR, contains the patient’s name, date of birth, and social security number. It also contains the names of the patient’s employers, dependents, and more. Considering the increasing number of healthcare data breaches, blockchain technology that enables patient-mediated health data exchange provides a potential security solution opportunity.Infographic created by Duquesne University School of Nursing illustrates the promising potential of utilizing blockchain
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Taking New Medications: Consumers Blame Anxiety on Lack of Time with Physicians
More than half of consumers lack confidence in their ability to properly take new medications as directed, according to a survey released by DrFirst, the nation’s leading provider of e-prescribing and patient medication management solutions. Among the consumers who had concerns about taking new medications correctly, two-thirds blamed their anxiety on a lack of time with physicians at the point of care.Survey BackgroundThe online survey of 200 consumers was 40 percent male and 60 percent
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