Verisk Analytics , a data analytics provider serving customers in insurance, energy, healthcare, financial services, government, and risk management and private equity firm Veritas Capital has signed an definitive agreement to acquire Verisk`s healthcare services business for $820M. The company hired Morgan Stanley to sell Verisk Health, its healthcare division back in October 2015, hoping to fetch between $900M to $1.08B from the acquisition. Financial terms of the $820M acquisition consists
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Health IT | News, Analysis, Insights - HIT Consultant
Physician Perspective: Solving EHR Integration & Interoperability
In this second installment of this Q&A series, Health2047’s CEO Dr. Doug Given talks about what’s missing from the equation when it comes to taking on EHR integration and Interoperability.Now is the time to tackle EHR integration and interoperability in healthcare—but can these latest efforts from HHS or from the FDA achieve that? In part one of this series, we discussed how healthcare providers need to play a larger part in creating HIT solutions with Health2047’s Dr. Doug Given. In this
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Data Breaches: Moving Security Perimeter Back to Server Level
Editor's Note: Jon Senger is the CTO of Vertiscale . He writes frequently on the on the topic of HIPAA compliance and the role of MSPs in healthcare security.The leading cause of data breach incidents in healthcare facilities is lost or stolen end-user devices, including laptops and tablets. Such breaches have led to six figure fines for HIPAA violations in some cases, and with the stepped up enforcement coming in 2016 promised by the Department of Health and Human Services, we can expect to
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HealthVerity Raises $7.1M to Unlock the Value of Patient Data
HealthVerity, a provider of technologies and software tools for the discovery and integration of optimal patient data sets has announced $7.1M in funding led by Flare Capital Partners and Greycroft Partners with participation from additional strategic healthcare investors. The Philadelphia-based startup will utilize the funding to accelerate the development of its privacy and data interoperability technologies.Founded in 2014, HealthVerity seeking to enhance patient insights from existing and
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Centra to Deploy Cerner EHR, HealtheIntent Population Health Across Enterprise
Centra, an integrated delivery network based in Virginia has selected Cerner to implement its Millennium EHR across its five hospitals, more than 50 ambulatory and long-term care facilities, and health plan. Additionally, Centra will also implement Cerner’s near real-time population health management platform, HealtheIntentSM. The platform aggregates data from multiple sources into a single patient record allowing Centra to match the right care programs to the right individuals across its
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Revenue Cycle Management Market to Reach $40.4B by 2021
The revenue cycle management market currently valued at $20.5 billion is estimated to reach $40.4 billion by 2021, at a developing CAGR of 12.0% from 2016 to 2021, according to a new report from MicroMarketMonitor. Revenue cycle management starts when a patient enters the hospital, thereby automating business processes and leading to speedy follow ups, which encompasses patient and payer follow-ups. Errors in revenue cycle management results in between a 3% to 5% loss of revenues in
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DRG Launches Real World Evidence Repository of Claims, EHR data
Decision Resources Group (DRG), a provider of healthcare analytics, data and insight products has launched a Real World Evidence (RWE) repository of claims and EHR data that provides insight to over 90% of the U.S. healthcare system. The RWE data asset derives from multiple data providers in the U.S. and comprises patient, healthcare professional and payer level analysis.The DRG RWE repository covers:- 240M unique U.S. patients with over 5 years of historical data- 3.2B medical and pharmacy
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Can Middleware Replace HIEs and Solve EHR Interoperability?
Editor's Note: Dr. Donald Voltz is a board-certified anesthesiologist, researcher, medical educator, and entrepreneur. The Office of the National Coordinator for Health Information Technology (ONC) is once again asking the health care community for its thoughts on establishing metrics to determine if or to the extent to which electronic health records are interoperable. The push to achieve interoperability is in response to last year’s mandate by Congress, contained in the Medicare Access and
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IBM Watson, ODH Launch Population Health Management Platform to Transform Behavioral Healthcare
Behavioral health analytics provider ODH, Inc. and IBM Watson Health are teaming up to launch Mentrics, a population health management platform designed to help managed care organizations transform the quality and cost of behavioral healthcare. The platform is built specifically for managed care organizations that handle behavioral health benefits. Mentrics will streamline data and care coordination while generating valuable insights to help optimize care for patients with behavioral health
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Cumberland Consulting Group Launches Legacy System Data Management Services
Nashville, TN-based health IT consulting firm Cumberland Consulting Group, today announced the launch of legacy system data management services powered by Trinisys, a healthcare data automation and integration solutions platform. This new offering combines trusted advisory consulting services with an innovative data-archiving platform to help providers successfully manage enterprise healthcare information technology (HIT) conversion projects.“As organizations implement or inherit new HIT
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