HealthStream, Inc. has acquired Chicago-based Morrisey Associates, a provider of physician credentialing and privileging for approximately $48.0 million in cash. For HealthStream, the acquisition provides a robust set of credentialing and privileging solutions for healthcare professionals for its Provider Solutions segment. Morrisey Associates reported $12.8 million in revenues in 2015. As part of the acquisition, president of HealthStream’s provider solutions business, Michael Sousa will
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Health IT | News, Analysis, Insights - HIT Consultant
HealthTap Unveils Virtual Consultations with Live Translators
HealthTap, a Global Health Practice providing 24/7 immediate access to doctors via video, text or voice, has unveiled multi-participant Virtual Consultations, including medical translation and interpretation services for its users globally. Available now, this service removes language barriers and dramatically expands access to high-quality immediate care to HealthTap users in 174 countries around the world.Engage in Live Group ConsultsPowered by HealthTap’s proprietary Health Operating System
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Provider Performance Monitoring: When Verification Leads to Trust & Insight
Editor's Note: Rick Ingraham is the Director of Vertical Markets at LexisNexis Health Care. A Russian proverb, “Doveryai no Proveryai”, was adopted by President Ronald Reagan in 1986 as he was preparing for talks with Mikhail Gorbachev. “Trust But Verify”. The degree to which an era of trust, while verifying, worked politically goes beyond this writer’s training but I would argue that the healthcare industry might be well served to work toward a similar culture. It may indeed prove to be
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Study: Continuous Patient Monitoring Could Save Healthcare $15B
Continuous contact-free patient monitoring can save the US healthcare system up to $15 billion annually, according to peer-reviewed paper published in Critical Care Medicine. Conducted by researchers from Harvard School of Medicine, and a new Frost & Sullivan report, Finding Top-Line Opportunities in a Bottom-Line Healthcare Market, each hospital bed monitored with EarlySense enables hospitals to achieve a cost savings of approximately $19,940.The cited cost savings are attributed to
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Elation Health Lands $15M to Expand Its Physician Practice EHR
Elation Health (formerly known as ElationEMR) , a SF-based health tech startup has raised $15 million in Series B funding led by DFJ, with participation from angel investors including former president and CEO of Stanford Hospital and Clinics, Martha Marsh; and co-founder of Quora and creator of the Facebook Platform and Facebook Connect, Charlie Cheever. The company was founded by siblings Kyna and Conan Fong. Kyna, previously a professor at Stanford, and Conan, a former healthcare consultant,
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IDS Adds SyTrue’s NLP Technology to its Clinical Reporting Platform
IDS, a cloud-based healthcare technology company has announced a partnership with enterprise Natural Language Processing (NLP) provider SyTrue to drive new point of care insights and inform the full cycle of patient care. As part of the partnership, IDS is integrating SyTrue’s NLP OS™ operating system into Voice2Dox, IDS’ advanced clinical and diagnostic reporting and speech recognition platformIntegration DetailsThe new NLP system is seamlessly embedded into Voice2Dox workflows, boosting
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Viewics Raises $10.5M to Make Disparate Healthcare Data Meaningful
Viewics, a Sunnyvale, CA-based healthcare-focused analytics company that provides hospitals and health systems with management solutions has raised $10.5 million in funding led by existing investor Canvas Ventures and new investors Roche Venture Fund and City National Bank. The company will utilize the funds to further expand Viewics’ analytics platform and management solutions. Founded in 2009, Viewics provides advanced analytics that help health systems and ACOs realize clinical, operational,
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McKesson Awarded Patent for Enterprise Management System to Unify Information Flow
McKesson Health Solutions has been awarded a patent for proprietary technology at the heart of McKesson Provider Manager™ and other provider network management products. The patent is specifically for the system and method McKesson Provider Manager uses to unify information flow, business rules, and complex healthcare-related processes into an integrated set of core applications. By bringing together traditionally fragmented, multi-layered silos of a healthcare organization, the invention allows
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Verily, GlaxoSmithKline Partner to Develop Bioelectronic Medicines
Alphabet company Verily (formerly Google Life Sciences) is teaming up with pharmaceutical firm GlaxoSmithKline to develop bioelectronic medicines. The new company, Galvani Bioelectronics headquartered in the UK aims to research, develop and commercialize implantable, miniature devices which could potentially treat illnesses such as arthritis, diabetes and asthma. As part of the agreement, GSK will hold 55% equity interest and Verily will hold 45% owned by Verily, and receive up to $712M funding
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New HHS CyberSecurity Initiative: Too Little, Too Late?
Editor’s Note: D’Arcy Guerin Gue is a co-founder of Phoenix, with over 25 years of experience in executive leadership, strategic planning, IT services, knowledge leadership, and industry relations — with a special focus on patient engagement and federal compliance issues. She currently serves as the Director of Industry Relations at Phoenix Health Systems, a division of Medsphere SystemsAfter years of increasingly dangerous data security and privacy breaches across the American healthcare
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