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Health IT | News, Analysis, Insights - HIT Consultant

Cureatr Appoints Richard Resnick as New CEO to Broaden its Offerings

by Jasmine Pennic 05/25/2018 Leave a Comment

Cureatr Appoints Richard Resnick as New CEO

Cureatr, a real-time healthcare information service provider, today announced the appointment of Richard Resnick as Chief Executive Officer and member of its board of directors. Under Resnick’s leadership, Cureatr is broadening its offerings to meet the evolving needs of providers and patients alike.Prior to joing Cureatr, Resnick serve as the CEO of VC-backed GQ Life Sciences, where he revitalized strategy to turn company around from a -44% to a 33% EBITDA margin and sold company for 10X EBITDA
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Survey: Only 7% of Healthcare Companies are Unlikely to be GDPR-Compliant

by Fred Pennic 05/25/2018 Leave a Comment

Only 7% of Healthcare Companies are Unlikely to be GDPR-Compliant

Security executives working in healthcare and finance report the most resistance to GDPR, according to survey of 302 C-level security executives conducted by Netspaker. With Friday’s GDPR deadline looming overhead, fifty-seven percent of C-Level executives are re-engineering internal systems and procedures ahead of May 25.The survey of more than 300 C-level security executives, conducted online by Propeller Insights on behalf of Netsparker in March 2018, found that companies are taking the
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UnitedHealthcare & Quest Diagnostics to Use Real-Time Data Sharing for Patients, Establishes Long-Term Strategic Partnership

by Jasmine Pennic 05/24/2018 Leave a Comment

DPHO, UnitedHealthcare Launch Accountable Care Program

UnitedHealthcare and Quest Diagnostics have established a long-term strategic partnership as the two organizations focus on ways to create more personalized care recommendations and a simpler consumer experience for the more than 48 million people enrolled in UnitedHealthcare plans. Beginning Jan. 1, 2019, Quest will be participating as a national provider of laboratory services for all UnitedHealthcare plan participantsUnder the partnership, UnitedHealthcare and Quest will use real-time data
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Drug Pricing Transparency: Can Health IT Lower Drug Pricing for Patients?

by Tom Borzilleri, CEO at InteliSys Health 05/24/2018 Leave a Comment

Drug Pricing Transparency: Can Health IT Lower Drug Pricing for Patients?

Certain practices of pharmacy benefit managers (PBMs) have helped jack up drug prices to the point where many people can no longer afford their medications. For example, PBMs charge health plans considerably more for a drug than they pay pharmacies for the same medication. This “ingredient spread,” which generates much of the PBMs’ profits, results in health plans placing drugs into a higher-price tier. As a result, members’ copayments go up. Sometimes they’re higher than the cash prices for
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Anthem to Acquire Community-based Palliative Care Provider Aspire Health

by Fred Pennic 05/23/2018 Leave a Comment

Anthem to Acquire Community-based Palliative Care Provider Aspire Health

Anthem, Inc., the country's second largest health insurer, today announced that the company has entered into an agreement to acquire Aspire Health, the nation’s largest non-hospice, community-based palliative care provider. Financial terms of the acquisition were not disclosed and is expected to close in the third quarter of 2018. Founded in 2013 by former U.S. Senator and physician William Frist and Brad Smith, Aspire Health utilizes proprietary predictive clinical and claims-based patient
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M*Modal Unveils Enhancements to I-Powered Clinical Documentation Integrity (CDI) Solutions

by Jasmine Pennic 05/23/2018 Leave a Comment

M*Modal Unveils Enhancements to I-Powered Clinical Documentation Integrity (CDI) Solutions

M*Modal, a provider of clinical documentation and Speech Understanding solutions, today announced further enhancements to its artificial intelligence (AI) powered and outcomes-driven CDI solutions. Integrated with over 150 EHRs, M*Modal CDI solutions provide physicians and clinical documentation improvement specialists (CDIS) with a unified and more efficient workflow that closes the loop between physician and CDIS documentation processes. Going beyond traditional inpatient CDI, M*Modal supports
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Iora Health Lands $100M for Relationship-Driven Primary Care Model

by Fred Pennic 05/23/2018 Leave a Comment

Iora Health Lands $100M for Relationship-Driven Primary Care Model

Iora Health, a Boston, MA-based value-based primary care provider focused on Medicare has raised $100 million in Series E funding from global investors including .406 Ventures, Devonshire Investors, F-Prime Capital, Flare Capital Partners, GE Ventures, Humana, Khosla Ventures, Polaris Partners and Temasek. The company plans to utilize the funding to expand operations and invest further development of its proprietary collaborative care IT platform, Chirp that enables Iora's teams to care for
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Columbus Regional Healthcare to Implement Cerner Integrated EHR Across Acute & Ambulatory Facilities

by Fred Pennic 05/22/2018 Leave a Comment

Columbus Regional Healthcare System in Whiteville, North Carolina has signed an agreement with Cerner Corporation to implement Cerner's integrated electronic health record (EHR) and revenue cycle solutions across its acute and ambulatory facilities. CRHS is a community owned and controlled not-for-profit organization that includes Columbus Regional (hospital), Columbus Regional Physician Network with six medical practices, Donayre Cancer Care Center, The Wound Care Center and offers advanced
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DAS Health Lands $6M to Accelerate Company Acquisition Strategy

by Jasmine Pennic 05/22/2018 Leave a Comment

DAS Health Acquires Jackson Key Practice Solutions EHR Business

DAS Health, a Tampa, FL-based provider of health IT and management solutions, has secured a $6 million in facility financing through Fifth Third Bank to be used primarily for future acquisitions and growth. DAS recently completed its fifth acquisition in a three-year time span, each using only DAS’ own internal operating cashflow. DAS Health’s excellent track record of success in integrating services and staff has led to continued expansion, allowing the company to provide existing clients with
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Luma Health Raises $6.33M for Patient-Provider Communications Platform

by Fred Pennic 05/22/2018 Leave a Comment

Luma Health Raises $6.33M for Patient-Provider Platform

Luma Health, a San Francisco, CA-based smart patient-provider communications platform, today announced it has completed a $6.33 Million round of Series A funding led by U.S. Venture Partners along with continued participation from the Stanford-StartX Fund and existing investors. Luma Health plans to used the latest round of funding to extend its go-to-market operation, including sales and marketing, while also expanding its engineering team to support the company’s growing product roadmap. The
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