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Health IT | News, Analysis, Insights - HIT Consultant

5 Common Mistakes Providers Make With Healthcare Analytics

by Will Israel, Senior Product Manager at SSI Group 07/19/2017 Leave a Comment

Big-Data in-Healthcare

It’s a brave new world of big data analytics, but what does that mean for healthcare systems? Healthcare data is crucial to enhancing patient care and outcomes. However, the uncertainty of where to start and what tools to use can be overwhelming. On top of that, how to meaningfully use analytics to take action is another concern. There are five common mistakes providers make with healthcare analytics that can be easily avoided when you better understand the questions you need to answer and how
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Arcadia Healthcare Appoints Karl Stubelis As New Chief Financial Officer

by Fred Pennic 07/19/2017 Leave a Comment

Arcadia Healthcare Solutions Raises $30M to Expand Data Analytics Platform

Arcadia Healthcare Solutions, a electronic health record (EHR) and claims data aggregation and population health management technology company, has appointed Karl Stubelis as its new chief financial officer. Prior to Arcadia, Stubelis served as senior vice president and CFO at athenahealth. Under his new role at Arcadia, Stubelis will report to CEO Sean Carroll and will lead all financial operations while spearheading the company’s capital strategy in support of its growth plan.Stubelis has
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Quest Diagnostics Completes Acquisition of Med Fusion

by HITC Staff 07/18/2017 Leave a Comment

Quest Diagnostics has announced the completed its acquisition of the laboratory businesses Med Fusion and Clear Point. Operating from a nearly 200,000 square foot facility in Lewisville, Texas, the two businesses form the basis for the company’s first national center of excellence in precision diagnostics for oncology. For patients with cancer, precision diagnostics, such as genomic sequencing of a tumor's DNA, may help a physician select a therapy or clinical trial and monitor response.In
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emids Acquires Health IT Consulting Firm Encore Health Resources

by Fred Pennic 07/18/2017 Leave a Comment

emids Acquires Health IT Consulting Firm Encore Health Resources

emids, a growing global provider of IT services and solutions for the healthcare and life sciences industries, has acquired health IT consulting firm Encore Health Resources. For emids, the acquisition provides an opportunity to address these needs for providers, and complements the company’s existing expertise in the payer space.  Financial details of the acquisition were not disclosed.Founded by Ivo Nelson and Dana Sellers, Encore helps providers plan, implement, manage and optimize clinical
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Mercom: Healthcare IT Funding Tops Record $4B in First Half of 2017

by Jasmine Pennic 07/18/2017 Leave a Comment

Mercom: Healthcare IT Funding Tops Record $4B in First Half of 2017

Health IT VC funding reached a total record of $4B in the first half of 2017, representing a 36 percent higher year-over-year, according to a new report from Mercom Capital Group.  The latest report finds that there were a total of 90 Healthcare IT M&A transactions, compared to 110 in 1H 2016. M&A activity in the second quarter of 2017 was down with 41 M&A transactions (five disclosed) compared to the 49 M&A transactions (seven disclosed) in Q1 2017.Mercom’s comprehensive report
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Availity Raises $200M to Fund Future M&A, Strategic Opportunities

by HITC Staff 07/18/2017 Leave a Comment

Availity

Availity, provider of health information networks has closed a five year $200 million senior secured revolving credit facility, which allows for an additional $100 million of capacity when exercised. The debt financing will be used to fund future M&A and other strategic opportunities. “Over the past 18 months we have evaluated or observed a significant number of strategic opportunities and we do not expect this trend to abate in the foreseeable future.  We now have increased flexibility to
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Digitization beyond the Doc

by Paul Brient, CEO of PatientKeeper, Inc. 07/17/2017 Leave a Comment

Version 2 of Healthcare IT Must Change The Paradigm of EHRs

Healthcare IT has a long way to go before it delivers truly transformative benefits to providers and patients across the healthcare continuum. However, the incremental steps that already have been taken should not be discounted.  While a complete digital transformation in healthcare is going to take some time, creativity, and even a few missteps before we get it right, current health IT capabilities are adding value to care delivery.Take EHRs, for example. For all of their well-publicized
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Mackenzie Health Goes Live on Epic End-to-End EMR in Canada

by HITC Staff 07/17/2017 Leave a Comment

Mackenzie Health Goes Live on Epic End-to-End EMR in Canada

Mackenzie Health, a Canadian-based regional healthcare provider has announced the go-live of Epic across its enterprise, becoming the first full-suite Epic EMR to be implemented in a Canadian hospital.The new EMR implementation was a two-year process that involved significant software build, consultation with Mackenzie Health staff and physicians, testing and education. Two weeks prior to the launch, over 100 Mackenzie Health staff transitioned over 15,000 scheduled appointments, including for
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Led by BlueCross BlueShield, Healthify Raises $6.5M for Social Determinants Management Platform

by Jasmine Pennic 07/13/2017 Leave a Comment

Led by BlueCross BlueShield, Healthify Raises $6.5M for Social Determinants Management Platform

Healthify, a NYC-based community referral and social determinants management platform, closed a $6.5m Series A funding round led by BlueCross BlueShield Venture Partners (BCBSVP). The round also included participation from existing investors Primary Venture Partners (PVP) and Activate Venture Partners (AVP).Healthify will use the funds from the financing to expand its care coordination product suite and grow its network of customers and social service partners. To date, Healthify has raised over
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NeHII Taps DrFirst to Aggregate Statewide Prescription Records

by HITC Staff 07/13/2017 Leave a Comment

NebraskaHealth Information Initiative (NeHII) and the Nebraska Department of Health and Human Services has selected DrFirst to capture state prescription information and deliver it to Nebraska’s enhanced Prescription Drug Monitoring Program (PDMP) which began January 1, 2017. Unlike some state PDMPs, the focus in Nebraska is primarily around patient safety and outcomes. The inclusion of complete prescription data in the PDMP database enhances patient safety and helps combat the abuse of opioids
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