The healthcare industry is facing a number of external market forces that are creating the perfect pricing storm. Industry consolidation, regulation and new demands for transparency are putting added pressure on healthcare manufacturers, with many left wondering about how they can profitably compete. Over the last three decades, more than 1,000 healthcare manufacturers have been acquired due to competitive consolidation. The catalyst for this volatility can be attributed to the lack of
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Health IT | News, Analysis, Insights - HIT Consultant
Population Health Management Means the Whole Population, Not Just the Highest Need
Considerable attention has been given to the large proportion of healthcare spending concentrated among a small proportion of patients. This five to 10 percent of the population has been the driving force behind many value-based purchasing models, e.g., chronic health condition management for the high cost, high utilizers, and health home models for care coordination and management services. A recent thought piece (March, 2017) in the The New England Journal of Medicine, “Focusing on
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GHX Launches Solution to Integrate Supply Chain With Epic EHR Clinical Data
Today, GHX introduced a new solution that will allow providers to connect two of its most important business processes – the item master and the EHR -- and confidently answer the total cost of procedure. GHX Clinical ConneXion is the industry’s the first solution to provide a single source of truth for item information to support clinical documentation and patient billing, including supply and implant capture at the point of use. The first implementation is with the Epic Enterprise EHR
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Change Healthcare, TIBCO Integrate to Accelerate Healthcare Data Transformation
Healthcare technology company Change Healthcare has announced an integration partnership with TIBCO Software Inc., a provider of integration, API management, and analytics. The goal of the integration partnership is aimed at helping providers, payers, and pharmacies better use their health IT data to improve efficiency and effectively manage complex workflows. By integrating the TIBCO® Connected Intelligence portfolio with Change Healthcare's broad portfolio of software and analytics, network
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Philips Acquires Mayo-Backed VitalHealth to Expand Population Health Management Offerings
Philips has acquired VitalHealth, a Netherlands-based provider of cloud-based population health management solutions for the delivery of personalized care outside of the hospital, for example, in regional care networks. Building on the acquisition of Wellcentive in 2016, the acquisition complements Philips population health management portfolio with advanced analytics, care coordination, patient engagement and outcome management solutions. Financial details of the acquisition were not
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Rev Cycle Startup Cedar Launches With $13M for Data-Driven Patient Payment Solution
Revenue cycle management-focused startup Cedar has announced its entry into the health IT market with a new data-driven patient payment solution. Supported by $13M in Series A funding, the Cedar platform, which powers solutions for hospitals, health systems and medical groups, delivers modern intelligence to alleviate collections challenges, improve billing operations and ensure a personalized billing experience for patients.A Data-Driven Payment Solution for Hospitals and Medical GroupsToday,
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Allscripts Reaches 1 Billion API Health Data Exchanges in 2017
Health IT solutions provider Allscripts, today announced it has reached a milestone of one billion application Programming Interfaces (APIs) health data exchange transactions within 2017. The milestone marks the most ever in a single year through its open platform, and its relationships with innovative entrepreneurs and with healthcare providers.To date, the Allscripts Developer Program (ADP) has certified nearly 200 distinct apps and devices for its users, all currently available through the
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Aprima EHR Integrates With DocBuddy Mobile Workflow App to Enhance Physician Productivity
Aprima, a physician pratice-focused EHR provider has announced an integration partnership with DocBuddy, a comprehensive workflow solution powered by voice recognition to deliver more convenient and efficient provider documentation when using an iOS or Android device. With DocBuddy, providers can dictate into any part of a patient note, whether they are in the office or on the go, allowing providers to efficiently insert macros of common phrases, diagnoses and other objective findings into
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Dignity Health and Catholic Health Initiatives Merge to Expand Access to Quality Care Across 28 States
nOn Thursday, Catholic Health Initiatives (CHI) and Dignity Health have signed a definitive agreement to combine ministries and create a new, nonprofit Catholic health systems, allowing the organizations to expand their mission of service and create a healthier future for people and communities across 28 states. The new health system will build a stronger operational and financial foundation to expand access to quality care, build upon complementary resources and capabilities, and reinvest in
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SwipeSense Lands $10.6M to Expand Location-Aware Hospital Apps
SwipeSense, a Chicago-based healthcare technology company has raised a $10.6 million in Series B2 funding led by Eclipse Ventures, with participation from Sandbox Industries and other existing technology and healthcare investors. The company plans to utilize the funding to improve its location-aware apps for healthcare platform, explore new use cases and expand its growing team.Founded in 2012 by Mert Iseri and Yuri Malina, SwipeSense's mission is to eliminate Hospital Acquired Infections, a
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