Baltimore, MD-based Protenus, a provider healthcare compliance anlaytics has raised $11 million in Series B funding co-led by F-Prime Capital Partners and Kaiser Permanente Ventures, with participation from Arthur Ventures, Lionbird Venture Capital, and Cognosante Ventures. The company plans to use the funding to accelerate sales and customer support hiring, as well as R&D to expand platform capabilities.Founded in 2014, the Protenus platform makes an analytical assessment of every digital
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Health IT | News, Analysis, Insights - HIT Consultant
Understanding The Hidden Costs of MPIs: 3 Things to Know
Patient matching is one of the major challenges facing the US healthcare system. It is becoming much more difficult as we enter an era where the amount and diversity of patient data is exploding with patient portals, patient engagement applications, telemedicine, and personal health records. Simultaneously, patient matching is becoming exponentially more important for patient safety, as well as to lower costs, to enable population health analytics, and to exchange patient information with other
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4 Healthcare Software Trends to Watch in 2018
Healthcare has always been an industry where innovative technologies transform the way services are delivered and received. It's also one of those sectors that can be affected by slow movement in innovation, due to the complication of its formalities, tasks, processes and regulations. The good news is that the industry’s innovative side has finally taken off in the last few years, and software is playing a major role in reshaping the healthcare sector.What does that mean for you, the medical
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Healthcare Revenue Cycle Management Software Market to Reach $43.3B by 2022
The global market for healthcare revenue cycle management software is estimated to reach $43.3B by the end of 2022, increasing at a compound annual growth rate (CAGR) of 6.9%, according to a recent report by Future Market Insights (FMI). The report anticipates the market-to-market positive growth over the coming years, on account of the increasing cumulative patient revenue, improvement payment collection & billing efficiency and recognition of profit . From hospitals to independent
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Major Health Partners to Implement MEDITECH Web EHR
Major Health Partners, a leading healthcare provider for patients from central and southeastern Indiana, today announced that they will extend their 22-year partnership with MEDITECH and implement their MEDITECH Web EHR system. The decision was made after a year-long, detailed assessment of Enterprise Health Record (EHR) solutions available in the marketplaceMajor Health Partners, who partnered with MEDITECH in 1995 to implement the MAGIC platform, was one of the first hospitals in Indiana to
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Change Healthcare Acquires National Decision Support Company
Change Healthcare announced the acquisition of National Decision Support Company (NDSC), a cloud-based solutions that deliver medical guidelines to the point of care through leading electronic health record (EHR) systems. The addition of NDSC accelerates the efforts of Change Healthcare to leverage evidence-based clinical information and next-generation technologies to reduce cost and help ensure appropriate care. Financial terms of the acquisition were not disclosed. NDSC and the Change
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Innovaccer Launches Free Provider Utilization Portal
Innovaccer, a San Francisco, CA-based healthcare data platform has announced the launch of Provider Utilization Portal, a free tool that presents a nation-wide view of healthcare utilization, in-depth analysis of benchmarks, best and worst performing measures for inpatient, outpatient, and SNF services directly linked to the cost incurred on each benchmark- all compared against the national and state benchmarks.Skyrocketing healthcare services costs have made it critical for providers to
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Elsevier Acquires Clinical Decision Support Solution Via Oncology
Elsevier, the information analytics business specializing in science and health, and part of RELX Group, today announced that it has acquired Via Oncology, a Pittsburgh, Pennsylvania-based company that provides clinical decision support and best practices in cancer care management. A former subsidiary of UPMC, one of the nation's leading integrated healthcare delivery and financing systems, Via Oncology helps cancer centers demonstrate the value of their care to patients, referring physicians
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4 Barriers to Implementing Value-based Payment Models
Majority of family physicians indicate their practices participate in value-based payment models and believe value-based payment models will encourage greater collaboration between primary care physicians and specialists, according to a new study. The 2017 Value-based Payment Study was sent to 5,000 active members of the AAFP. A total of 482 surveys were returned, and 386 were evaluated after a screening process. The study found that more and more family physicians are embracing value-based
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Nordic Acquires The Claro Group’s Revenue Cycle Transformation Practice to Expand Beyond Epic Consulting
Nordic, an health IT consulting services firm has acquired the revenue cycle transformation practice of The Claro Group, LLC to expand beyond its Epic-focused consulting business. For Nordic, the acquisition complements Nordic’s foundation as a leader in Epic revenue cycle solutions. Financial terms of the acquisition were not disclosed. As part of the acquisition, Managing Directors Cathy Smith and Shannon Yasseri will continue their roles from The Claro Group leading a complementary set of
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