As news broke of the first GE Healthcare business unit to be sold, some may have been underwhelmed both by the scale and symbolism of this deal. However, this first announcement does provide some useful indicators for what to expect from the future of GE Healthcare with John Flannery at the helm.“I Think I See the Light”Firstly, and most positively, the fact that GE has made a move to trim its healthcare portfolio should be applauded. We wrote about this in our review of GE and its major peers
Read More
Health IT | News, Analysis, Insights - HIT Consultant
BirdEye Integrates DrChrono EHR to Enable Practices to Auto-Send Reviews
Leading patient experience platform BirdEye today announced its partnership with DrChrono, the company enabling the medical practice of the future. With this new integration, DrChrono’s medical practice customers will be able to automatically send review requests to patients after an appointment.The healthcare industry is becoming increasingly competitive. According to Becker’s Hospital Review, nearly 80 percent of people across demographics now rely on online reviews and physician ratings when
Read More
Artificial Intelligence in Healthcare – Do the Benefits Outweigh the Challenges?
As healthcare professionals, it seems we can't escape the buzz and hype of artificial intelligence (AI) today. However, unlike other industries, healthcare’s adoption of AI is still in its infancy, in part, due to many providers still updating their tools and processes for the digital age. According to an Accenture analysis, growth in the AI health market is expected to reach $6.6 billion by 2021 and key clinical health AI applications can potentially create $150 billion in annual savings for
Read More
Providers Name Optimizing IT/EHR Performance as Top Challenge in 2018
With true implementation beyond a system go live, optimizing IT/EHR performance (32 percent) and overcoming IT staff shortages (31 percent) were cited almost equally as the most significant challenges in 2018, according to the sixth annual Health IT Industry Outlook Survey conducted by Stoltenberg Consulting Inc. The report reveals 40 percent of health IT leaders rated measuring improvement in patient care quality as the top business objective in 2018, followed by identifying areas of cost
Read More
Report: Gender and Racial Disparities Still Prevalent in Physician Compensation
Gender and racial pay gaps are still prevalent for physician compensation even as overall physician compensation overall increased, according to the results of the 2018 Medscape Physician Compensation Report. Ther report reveals physician salaries average $299,999 in this year’s report, up from $294,000 in 2017; specialists earn about $100,000 more than primary care physicians ($329,000 versus $223,000), and plastic surgeons ranked highest in salary at $501,000 -- outpacing orthopedists
Read More
How Phoenix Children’s Hospital Saved $1M Annually Eliminating Transcription in Ambulatory Clinics
Phoenix Children’s Hospital’s outpatient clinics has increased clinician productivity, enhanced the quality of documentation, and facilitated the delivery of better clinical information at the point of care through the implementation of Medicomp Systems' Quippe Clinical Documentation solution. In addition, Phoenix Children’s has virtually eliminated transcription in its ambulatory clinics, saving the organization over $1 million dollars annually on transcription costs.A strong partnership
Read More
DrFirst Launches New York Community-wide Care Collaboration Network
DrFirst, the nation’s leading provider of e-prescribing and medication management solutions, has launched a new service, “Connected Care Communities,” that helps provider organizations establish secure, real-time care collaboration networks that can include any or all healthcare providers in a given community, as well as patients.Under agreement with each lead provider organization, the software is currently available at no cost to community-based healthcare providers surrounding the lead
Read More
Physician Survey Reveals Lack of Patient History Data Impedes Care Coordination
Majority of physicians cannot electronically access information about other care their patients, according to the new Surescripts report Physician Perspectives on Access to Patient Data. The 15-minute web-based survey was administered by ORC International to 300 qualifying primary care physicians between October 5 and October 17, 2017. To qualify for the survey, physicians had to have been in practice for at least five years, spend at least 50 percent of their time providing direct patient care
Read More
healthfinch Nabs $6M for Charlie Practice Automation Platform
healthfinch, a Madison-based healthcare IT startup, has secured $6 million in funding led by Adams Street Partners to continue building and supporting its award-winning Charlie Practice Automation Platform. This funding brings the company’s total raised to over $17MM since it was founded in 2011.The Charlie Practice Automation Platform, developed by healthfinch, automates routine, repetitive clinical tasks in athenahealth, Epic, and Allscripts EMRs. Its refill management and visit planning
Read More
Aetion Raises $36M to Expand Evidence Analytics Platform for Value-Based Care
Aetion, a software platform company that delivers real-world analytics and evidence needed for biopharma and payers to engage in value-based care, has raised $36.4 million in Series B funding. The round was led by New Enterprise Associates (NEA) and included a new investor, Amgen Ventures, alongside existing investors Flare Capital Partners, Lakestar and Oxeon Ventures. Mohamad Makhzoumi of NEA will join the Aetion board of directors.With the addition of the $36 million, Aetion has raised a
Read More
