Patientco latest Series B funding fuels expansion of patient billing and payments technology platform focused on creating a smarter patient financial experiencePatientco, an Atlanta, GA-based next-generation patient billing and payments technology company has raised $28 million in Series B funding led by private equity firm Accel-KKR. The round also included participation from BlueCross BlueShield Venture Partners / Sandbox Advantage Fund. Patientco plans to use the funding to accelerate expand
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Health IT | News, Analysis, Insights - HIT Consultant
IllumiCare Launches App to Solve Blindspot Within EHR for Opioid Prescribing
IllumiCare launches the first controlled substance tracking solution within the EMR to combine inpatient and outpatient data on opioid exposure. A new app for the EHR is alleviating a blindspot in opioid prescribing, giving clinicians the first full picture of opioid exposure on a patient. Currently, treating clinicians look John Doe up in the state’s PDMP to see his opioid history when he comes to the ER in pain. He doesn’t have one, so they prescribe it during his stay then he’s sent home.
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Apixio Unveils AI-Powered Risk Adjustment Auditing Solution for Plans & Providers
Apixio Inc., the data science company for healthcare, today announced availability of the first-ever AI-powered solution to help health plans and provider organizations to undertake internal audits of their risk adjustment payment data with increased accuracy and in far less time than traditional methods. Medicare is increasing the frequency of health plans audits offering Medicare Advantage (MA) products to ensure correct payments. Given the potential revenue impact, it typically takes health
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The Short List of Remaining Health IT Interoperability Obstacles is Significant
Earlier this year, the ONC released the Trusted Exchange Framework and Common Agreement (TEFCA), which responds to a mandate included in 2016’s 21st Century Cures Act and lays out principles, terms and conditions on which to base an interoperability framework that healthcare organizations can embrace. “This means patients who have received care from multiple doctors and hospitals should have their medical history electronically accessible on demand by any other treating provider in a network
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Mount Sinai Opens Center for Biomedical Blockchain Research to Develop Healthcare Blockchain Apps
First venture launched by an academic medical center to use blockchain technology to solve healthcare and medical science problems. The Icahn School of Medicine at Mount Sinai and the Institute for Next Generation Healthcare has announced the official opening of the Center for Biomedical Blockchain Research. The center is the first of its kind at any academic medical center to utilize blockchain technology, a distributed, decentralized secure database system originally developed for Bitcoin, to
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Identity Automation Acquires Single Sign-On Technology Provider HealthCast
Identity Automation, a leading provider of Access Management (AM), Identity Governance (IGA), and Multi-Factor Authentication (MFA) software, today announced its acquisition of Boise, ID-based HealthCast Inc., provider of award-winning enterprise single sign-on (eSSO) and virtual desktop technology for the healthcare industry. Financial details of the acquisition were not disclosed.Increased regulation and the shift from paper-based to digital records has created new challenges in securing and
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Loopback Analytics Joins Epic App Orchard to Simplify Data Integration
Loopback Analytics, a leading provider of data-driven solutions for hospital and health systems, today announces its availability in the Epic App Orchard Marketplace to enable turnkey integration between Epic EMR clients and the Loopback Analytics platform. The company’s comprehensive management platform helps identify at-risk patient populations, match interventions and measure efficacy to improve clinical and financial outcomes.Loopback Analytics customers can now use the Loopback Connector
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Madaket Health Raises $10M for Automated Healthcare Provider Enrollment Platform
Madaket Health lands $10M for automated healthcare provider enrollment platform to accelerate its growth, expand platform solutions for payer-provider collaboration.Madaket Health, a Cambridge, MA-based healthcare SaaS platform solution that simplifies administrative data exchange between payers and provider has raised $10 million in Series B funding Qiming Venture Partners. The round also included participation from Experian Ventures, The PNC Financial Services Group, and Salesforce Ventures.
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8 Tips for Urgent Care Clinics to Optimize Revenue & Remain Profitable
As the 2017-18 flu season winds down, it’s become clear that it was one for the record books. With the onset coming early and strong, emergency departments, primary care physicians, and urgent care clinics all over the country were overrun with patients waiting in line to see a doctor.While this had a negative impact on a large portion of the U.S. population, anyone involved in the on-demand healthcare space knows that the flu season and resulting increase in patient volume tends to feed the
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MedStar-AMA Study Reveals EHR Usability and Safety Challenges for Physicians
New MedStar-AMA study points to need for performance standards for EHR usability and safety for physicians, finds huge variability in completion efficiency and accuracy. A new study published by the Journal of the American Medical Informatics Association (JAMIA) involving clinicians using electronic health records (EHRs) to perform certain common tasks provides compelling evidence that the design, development and implementation of these systems need to be improved to make them easier to use by
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