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Health IT | News, Analysis, Insights - HIT Consultant

AzHHA Taps PatientPing to Improve Care Coordination Across State of Arizona

by Fred Pennic 04/25/2019 Leave a Comment

IPA, IHANY, Fidelis Care Partner to Address Social Determinants of Health in Upstate New York AzHHA Taps PatientPing to Improve Care Coordination Across State of Arizona

The Arizona Hospital and Healthcare Association (AzHHA) announced a new partnership with PatientPing, a comprehensive care coordination platform, to improve patient care outcomes across the state of Arizona. The statewide partnership, coordinated through AzHHA's Affiliated Partners Program, will connect all of AzHHA's member hospitals and participating providers. Participants will have access to real-time patient information and insights from care events across the entire continuum, enabling
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CPSI to Acquire Patient Engagement Company Get Real Health for $11M

by Fred Pennic 04/24/2019 Leave a Comment

CPSI to Acquire Patient Engagement Company Get Real Health for $11M

 CPSI, a community healthcare solutions company has reached an agreement to acquire Get Real Health, a Rockville, MD-based comprehensive patient engagement platform for $11 million in cash. CPSI is the parent of three companies – Evident, LLC, American HealthTech, Inc. and TruBridge, LLC. The acquisition will allow CPSI to advance their ability to care for patients outside the walls of a community healthcare facility.Value-Based Care Creating New Demands for Patient EngagementValue-based care
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Wolters Kluwer Harnesses AI to Bridge Data in EHRs to Speed Accuracy of HAIs

by Jasmine Pennic 04/24/2019 Leave a Comment

Wolters Kluwer Harnesses AI to Bridge Data in EHRs to Speed Accuracy of HAIs

With healthcare M&A at an all-time high, many hospitals and health systems are feeling interoperability pains following mergers.  Wolters Kluwer is now harnessing AI to bridge data in electronic health records (EHRs) and disparate systems, such as lab results, to improve how organizations identify and report hospital-acquired infections.Real World Data Integration Challenges for ProvidersIntegrating data from disparate EHRs across health systems continues to be a largely manual process. But
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Vital Lands $5.2M for AI-Powered Emergency Department Platform

by Fred Pennic 04/24/2019 Leave a Comment

Vital Lands $5.2M for AI-Powered Emergency Department Platform

Vital, an Atlanta, GA-based AI-powered software increasing productivity and improving patient health in hospital emergency rooms has raised $5.2M led by First Round Capital and Threshold Ventures (formerly DFJ Venture). The seed round also includes participation from Bragiel Brothers, Meridian Street Capital, Refactor Capital, and SV Angel, with angel investment from Vivek Garipalli, CEO of CloverHealth; and Nat Turner and Zach Weinberg, founders of Flatiron Health. Josh Kopelman, founder, and
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Plum Healthcare, Netsmart Partner to Develop Integrated Care Solutions for Senior Living

by Jasmine Pennic 04/24/2019 Leave a Comment

Plum Healthcare, Netsmart Partner to Develop Integrated Care Solutions for Senior Living

Plum Healthcare Group, a skilled nursing provider has inked a 10-year strategic partnership with health IT company Netsmart to develop integrated care solutions to enhance care delivery for senior living. This joint innovation-based partnership between a technology partner and a senior living provider will be a key component to support Plum as it expands into new service lines and offerings across more than 50 facilities throughout California and Nevada.Plum Healthcare/Netsmart Partnership
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PE Firm Considering Options Including Sale of RCM Provider Waystar

by Fred Pennic 04/23/2019 Leave a Comment

PE Firm Considering Options Including Sale for RCM Provider Waystar

Private multi-asset alternative investment firm Bain Capital is reportedly considering options including the potential sale of revenue cycle management (RCM) company Waystar, Bloomberg reports. In 2018, Bain rebranded RCM companies Navicure and ZirMed as Waystar after merging the two companies together in 2017.  Waystar Sale Could Value Company At More Than $3BBain has started early-stage discussions about a potential sale that could value the business at more than $3 billion, according to
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DrFirst Structures a New $17M Commercial Financing Facility with SunTrust

by Jasmine Pennic 04/23/2019 Leave a Comment

DrFirst Structures a New $17M Commercial Financing Facility with SunTrust

DrFirst, a provider of e-prescribing, price transparency, and medication management solutions, announced today that it has structured a new $17 million commercial financing facility with SunTrust Banks, Inc. The financing extends DrFirst’s strategic relationship with SunTrust Banks, a partnership which initially began in 2015.New Funds Will Support Expansion Initiatives in Pharma and Consumer SectorsAs part of an extending financing deal with SunTrust, DrFirst will work to further expand its
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Censinet Nabs $7.8M for Third-Party Vendor Risk Management Platform

by Fred Pennic 04/23/2019 Leave a Comment

Censinet Nabs $7.8M for Third-Party Vendor Risk Management Platform

Censinet, a third-party risk management company for healthcare providers has raised $7.8 million in Series A funding co-led by HLM Venture Partners and Cedars-Sinai Health System. The Series A round also includes participation from seed investors Schooner Capital, LRVHealth and Excelerate Health Ventures.The Problem with Provider Vendor Risk Management TodayHospitals today work with 700 vendors on average, each requiring a risk assessment that can take eight weeks or more to complete. Due to the
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Innovaccer Launches AI-Powered Pediatric Care Management Solution

by Jasmine Pennic 04/22/2019 Leave a Comment

Innovaccer Launches Its Pediatric Care Management Solution

Innovaccer Inc., a San Francisco-based data activation company, today announced the launch of its Pediatrics Care Management solution specifically designed to bring the entire care network together to fulfill every child’s needs. The solution will assist pediatric care organizations in bringing together information that spans across multiple venues, clinicians, and stages of life.Pediatric-Specific Measures Are Not Widely AvailableValue-based payment reforms have made quite an impact on US
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Healthcare BPO: Assessing Your Outsourcing Services Maturity

by Donna Martin, Sr. VP, Global Health Services, at Hinduja Global Solutions (HGS) 04/22/2019 Leave a Comment

Donna Martin_Is Patient Experience a Catalyst for Payer-Provider Collaboration?

In the healthcare market, there is increasing demand for outsourcing services that can bring strategic insights, optimization, and efficiencies to critical operations, particularly among health plans.These partnerships speak to the dramatic shifts in how health plans are sold and purchased today, but also to the maturity of the healthcare business process outsourcing (BPO) industry itself.Years ago, BPO was more tactical than strategic—lifting and shifting units or processes to a far-flung
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