On late Wednesday, McKesson has agreed to acquired Columbus, OH-based CoverMyMeds, the nation’s largest prior authorization (PA) network for $1.1 billion. Founded in 2008, CoverMyMeds’ electronic prior authorization (ePA) service automates and accelerates the prescription approval process, which otherwise is manual and time consuming. By ensuring appropriate access to medications, CoverMyMeds helps customers avoid administrative waste and unnecessary medical spending caused by prescription
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Health IT | News, Analysis, Insights - HIT Consultant
KenSci Nabs $8.5M to Develop Machine Learning Apps for Healthcare
KenSci, a Seattle-based digital health startup building the world’s first vertically integrated machine learning platform for healthcare has raised $8.5 million in Series A funding led by Ignition Partners with participation from Osage University Partners and Mindset Ventures. The company plans to utilize the funding to scale its machine learning platform for predictive risk management and expand operations to support the company’s rapidly growing customer base.Incubated at the University of
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Hackensack Meridian Health Taps PatientPing to Bring Care Coordination Network to Providers in New Jersey
Hackensack Meridian Health, a not-for-profit health care integrated health care network in New Jersey has partnered with Boston-based health tech company PatientPing to achieve higher quality care through better patient care coordination. As part of the partnership with PatientPing, the healthcare system will implement a care coordination network across all of Hackensack Meridian Health’s 13 hospitals, meaning that providers in the state will be able to see when patients are admitted, discharged
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GHX: Predictive Analytics Named Top 2017 Priority for Healthcare Supply Chain Leaders
Predictive analytics and the use of data for informed decision making has been named as a top priority for healthcare supply chain leaders in 2017, according to a recent Global Healthcare Exchange, LLC (GHX) survey. The results are based on a survey conducted by GHX with its Best 50 provider organizations on priorities and outcomes for the healthcare supply chain in 2017. The survey also revealed that top performing supply chain organizations will look to improve price accuracy between
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Former Epic Engineers Raises $9M for EHR Integration API to Support Health IT Interoperability
Redox, an EHR integration API platform for developers and healthcare organizations has raised $9 million in Series B funding led by RRE Ventures with participation from existing investors .406 Ventures, HealthX Ventures, and Flybridge Capital Partners. The Madison, WI-based company plans to utilize the latest round of funding to accelerate its product roadmap along the way to building the industry standard platform for seamless interoperability between health technology developers and health
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KPMG: Data Aggregation Biggest Barrier to Population Health Implementation for Payers, Providers
]The biggest individual barrier to implementing a population health program is data aggregation and standardization from multiple sources for providers and payers, according to a recent KPMG survey. The survey results that population health management programs aimed at improving quality and access to care while reducing costs for a designated group of patients, are taking hold at health plans and providers. Healthcare provider and health plans see this happening despite challenges associated
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Welltok, Teletech Partner to Create “Human Touch’ Experience for Health Consumers
Health optimization platform Welltok and Teletech, a provider of customer experience, engagement and growth solutions has announced a strategic partnership that will combine analytics with multichannel communication to help population health managers guide consumers to optimal health. Welltok’s analytics recognizes when and where consumers can save money, and triggers TeleTech when the human touch is needed to alert consumers of potential savings.The partnership is already underway at a large
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GetWellNetwork Acquires Mobile Patient Platform Seamless Medical Systems
GetWellNetwork®, Inc., a provider of Interactive Patient Care™ (IPC) solutions has acquired Santa Fe, New Mexico-based Seamless Medical Systems. The acquisition of Seamless extends GetWellNetwork's fully integrated cross-continuum patient engagement platform to more than 150 clinics nationwide. Financial details of the acquisition were not disclosed. Founded in 2011, Seamless Medical Systems streamlines the patient journey through integrated digital patient intake and communications solutions
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Mercy Named 2016 HIMSS Enterprise Davies Award for Improving Patient Care Through Health IT
Mercy, the fifth largest Catholic health care system in the nation, was named a 2016 HIMSS Enterprise Davies Award recipient for achieving improvements in patient care through the use of health information technology. Mercy received the award from HIMSS based on four case studies that detailed how the use of health information technology and standardized clinical processes have improved patient care and the bottom line. The case studies included:- Decreasing by nearly three hours the time it
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Aprima Medical Acquires EHR Reseller Healthcare Data Solutions
Aprima Medical Software, a provider of EHR, practice management (PM) and revenue cycle management (RCM) solutions for medical practices has acquired former reseller Healthcare Data Solutions (HDS) of Coral Cables, FL. As part of the agreement, Aprima will assume full support for HDS’s customers, which include approximately 300 providers in 125 medical practices across 15 states. Financial terms were not disclosed.HDS works with physician groups across the country to identify IT solutions that
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