GE Healthcare Partners, the global management consulting arm of GE Healthcare, and ThoughtWire, a Toronto-based software company have teamed up on a five-year digital health collaboration agreement. The goal of the collaboration is to help hospitals and health systems implement new digital health tools designed to improve productivity, quality of care and the overall patient experience. With both companies being experts in building healthcare apps for smarter healthcare, together they
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Health IT | News, Analysis, Insights - HIT Consultant
Senate REBOOT Members Introduces Legislation to Improve Meaningful Use
On Thursday, Senate REBOOT members introduced the EHR Regulatory Relief Act (S. 3173), legislation that would provide regulatory flexibility and hardship relief to providers and hospitals operating under the meaningful use program. EHR Regulatory Relief Act Legislation OverviewRegulatory flexibility is necessary to help hospitals and medical providers focus on transitioning into the new, patient-focused payment policies created by Congress by the Medicare Access and CHIP Reauthorization Act of
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Loopback Analytics Unveils Geographic Dashboard to Help Hospitals Understand Post-Acute Care Providers
Loopback Analytics, a health care data integration and analytics company has unveiled its new Loopback Geographic Analysis Dashboard, an interactive analytics tool that allows hospitals to visually assess the quality of post-acute providers in their geographic region.The dashboard features simple ranking criteria, color-coded quality indicators and an interactive map allowing hospitals to see which skilled nursing and home health care providers in their local/regional networks and beyond deliver
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Medecision Launches Population Health Apps for Medicaid, Medicare Advantage
Medecision, a population health management company for risk-bearing healthcare organizations has unveiled Aerial™ for Medicaid and Medicare Advantage, a suite of modular clinical and financial apps focused on improving CMS Medicare and Medicaid population health. These essential tools deliver better patient outcomes, reduce care cost, and enable critical complex care management strategies by:- capturing quality measures;- assessing baseline data; and- efficiently complying with changing
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Evolent Health Acquires Valence Health for $145M: 6 Things to Know
Evolent Health and Valence Health have entered an agreement to acquire the majority of Valence Health's value-based administration, population health and advisory services business for $145M. The addition of Valence Health is expected to enhance Evolent's market-leading value-based care platform for providers. Here are 10 things to know about the acquisition: 1. Under terms of the agreement, Valence Health acquisition excludes its contracts serving state insurance cooperatives; the state
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Private Equity Firm To Acquire Imprivata for $544M
Lexington, MA-based healthcare IT security company Imprivata has agreed to be acquired by private-equity firm Thoma Bravo for $544M or $19.25 per Imprivata share in cash. Shares rose 32% to $19.14 pre-market. The company did not disclose when the acquisition is expected to close. “We’re tremendously excited about Thoma Bravo’s investment in our company and believe this transaction represents a great outcome for our current shareholders,” said Omar Hussain, President and CEO of Imprivata in the
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Caremerge Lands $14M to Expand into Post-Acute Market
Caremerge, a cloud-based communication and care coordination platform for the senior care industry has raised $14M in institutional funding led by Insight Venture Partners, with participation from previous investors Grażyna Kulczyk, Cambia Health Solutions, Ziegler LinkAge Longevity Fund, GE Ventures, and Arsenal Venture Partners.The Chicago-based startup will utilize the capital infusion to accelerate its expansion into the post-acute market. The investment round also adds new additions to the
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Report: Healthcare Analytics Market Expected to Reach $43B by 2024
The global healthcare analytics market is expected to reach $42.8 billion by 2024, according to a new report by Grand View Research, Inc. Growth in the healthcare analytics market is largely being driven by: - providers ability to identify clinically meaningful outcomes in relation to costs through the investigational mining of EMRs to identify inherent medical inaccuracies in the system to provide cost effective patient treatment- accelerated adoption of big data that enables informed patient
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Speech Recognition Integration with Epic EHR Saves Hospital Physicians 2 Hours Per Shift
Edward-Elmhurst Health, a Chicago area health system has helped their physicians save up to 2 hours per shift integrating Nuance’s speech recognition solution with their Epic EHR. Nuance collaborated with Edward-Elmhurst Health made up of three hospitals with nearly 1,900 physicians to address its clinical documentation and narrative challenges as part of a recent merger. The solution, Dragon® Medical One was deployed to physicians in more than 100 facilities as a published Citrix XenApp to
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McKesson Acquires HealthQX To Boost Its Value-Based Payment Tech Tools
McKesson Health Solutions has acquired HealthQX™ to expand its value based care portfolio with HealthQX's value-based payment technology solution, ClarityQx. Financial details of the acquisition were not disclosed.The acquisition will strengthen McKesson's ability to support health plans transition to value-based care through automating and scaling complex bundled payments. Integrating ClarityQx with McKesson’s Episode Management gives health plans the ability to automate retrospective bundled
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