On Tuesday, Elliott Management Corporation (“Elliott”) released a letter to the Board of Directors of athenahealth, Inc. regarding Elliott’s proposal to acquire athenahealth for $160 per share in cash that could worth about $7 billion dollars.The letter outlined Elliott’s concerns with athenahealth’s refusal thus far to engage with any of the parties, including Elliott, that have expressed interest in acquiring athenahealth.“Since that time, we have heard nothing from the Company beyond its
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Health IT | News, Analysis, Insights - HIT Consultant
Global Healthcare Cybersecurity Spending Expected to Exceed $65B Over 5 Years
Global healthcare cybersecurity spending is expected to exceed over $65 billion dollars over the next five years, according to Black Book’s annual healthcare cybersecurity survey. According to 88 percent of hospital representatives surveyed, IT security budgets have remained level since 2016. As a percentage of IT organizational budgets, cybersecurity has decreased to about three percent of the total annual IT spend.Budget constraints have encumbered the practice of replacing legacy software and
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KLAS Report Reveals 3 Core Barriers to NHS Interoperability in England
Electronic patient record interoperability in NHS England is benefiting patient care but facing substantial barriers, according to a new KLAS report. NHS England’s Five-Year Forward View and the National Information Board’s response have thrust interoperable systems into the national spotlight in England, including the development of a Local Health and Care Record Exemplar program. This report represents KLAS’ first look at interoperability within the NHS. The report, NHS Interoperability 2018:
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Blue Cross and Blue Shield of Minnesota Partners with Sharecare to Provide Personalized Health Platform to Members
Blue Cross and Blue Shield of Minnesota (Blue Cross) today announced that it is partnering with Sharecare, the digital health company that helps people manage all their health in one place, to offer its personalized health platform to Blue Cross commercial customer groups and members starting in 2019. This partnership will provide exclusivity to Blue Cross as the only Minnesota-based plan to offer the Sharecare platform.As part of the agreement, Sharecare will serve as the foundation for Blue
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Methodist Health Systems Taps VisitPay for Patient’s Financial Experience Platform
Methodist Health System in Dallas has selected VisitPay to deploy its market-leading, cloud-based patient financial experience platform. The solution will provide Methodist patients with a simplified billing experience and more flexible financing options tailored to their specific needs. Through VisitPay, patients will have access to a Methodist-branded portal that displays a comprehensive accounting of their financial responsibilities. This helps patients understand what they owe and provides
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Cumberland Consulting Group Acquires LinkEHR to Expand Managed Services Practice
Health IT consulting firm Cumberland Consulting Group has acquired LinkEHR, a Madison, WI-based EHR-focused managed services firm specializing in Tier 1, 2 and 3 application support for health systems. Today’s announcement marks the firm’s fourth acquisition in just under five years.LinkEHR provides remote application support, including Epic Help Desk services, application break-fix and maintenance support for the full suite of Epic applications. In addition, the firm offers physician concierge
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Change Healthcare Unveils Clinical Decision Support Tool, InterQual 2018
Change Healthcare unveiled InterQual 2018, a clinical decision support solution, that delivers updates and enhanced clinical criteria, as well as new disruptive technology, such as InterQual AutoReview. InterQual is regularly updated with rigorously objective clinical criteria. This year's release benefits from a new proprietary literature surveillance system that automatically analyzes over 3,000 medical literature sources daily and flags newly published information for the clinical team to
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How the Internet of Things is Revolutionizing Medical Adherence
Every day, doctors and medical researchers are challenged to find new, improved drugs and courses of treatment for chronic disease. But, what if the answer to improving health outcomes for many patients was simpler than developing new drugs? What if it was as simple as ensuring more patients stick to their treatment regimens?Medical non-adherence is a massive challenge all over the world. According to the World Health Organization, half of patients in long-term treatment for chronic illnesses
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Complete HealthCare Solutions, Inc. Acquires PDQ Billing Services
Complete HealthCare Solutions, Inc. has announced the acquisition of PDQ Billing Services, Myrtle Beach, South Carolina. Founded in 1993, PDQ Billing Services provides revenue cycle management and credentialing services to the ambulatory healthcare segment. Complete HealthCare Solutions, Inc.'s offering includes a robust set of clinical and financial solutions supporting the full scope of care delivery processes — including Revenue Cycle Management Services, Credentialing, Patient Pay Solutions,
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Evolent Health Partners with SOMOS IPA to Accelerate Transition to Value-Based Care
Evolent Health, a company providing an integrated value-based care platform to the nation's leading provider organizations, today announced it has partnered with SOMOS IPA to accelerate value-based care in New York. The partnership will focus first on supporting the performance goals of New York's Delivery System Reform Incentive Payment (DSRIP) program for approximately 300,000 New York residents and will serve as a platform to expand to other value-based care arrangements.Evolent is supporting
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