Talix, Inc., a health tech subsidiary of Healthline Networks, announced that it is spinning off as an independent company and has secured $14 million in funding led by Summit Partners. This capital will be used to fund the growth of the company’s core risk adjustment product, Coding InSight, and support the development of future applications in its planned suite of patient risk management products powered by Talix’s proprietary HealthData Engine.
Dean Stephens will serve as the new Chief
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Health IT | News, Analysis, Insights - HIT Consultant
UPMC, Health Catalyst Partner To Develop Cost Management Solution
UPMC and Health Catalyst are teaming up in a strategic partnership to develop a cost management solution that will measure and analyze the true cost of healthcare delivery for each patient. The partnership is the first of its kind that builds upon an activity-based cost management system developed by UPMC for commercial use and Health Catalyst's Enterprise Data Warehouse (EDW) infrastructure, analytics expertise, and professional services. Financial details of the partnership were not
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QPID Health Integrates With Epic EHR at Partners Healthcare
QPID Health, which helps hospitals and medical groups achieve their quality goals by generating actionable patient facts from EHR has signed an expanded enteprise-wide software and services agreement with Partners HealthCare. Over the next two years, QPID Health will integrate with Partner's Epic-based EHR system including legacy systems across all 10 of its hospitals and associated physician organizations.
QPID Health's clinical reasoning software combines advanced natural language
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5 Population Health Management Predictions for Providers in 2016
Beyond the hype, what’s to come from the population health management? Wellcentive’s CEO Tom Zajac gives predictions and pointers for those pursuing PHM in 2016.
Population health management (PHM) may be losing its novelty buzz but it’s still gaining serious popularity in healthcare. PHM, and its various definitions, has many providers talking about reducing costs and improving care. But it’s not how you define PHM that matters, it’s how you execute it. Talk is always
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7 Essential Steps for Safely Moving Patient Data to the Cloud
Editor's Note: Salo Fajer is the Chief Technology Officer at Digital Guardian. He is responsible for driving the company’s strategic vision and core innovation efforts while also overseeing product management, product marketing, and product content development.
It is well known that cloud-based electronic health record (EHR) technology brings many benefits to healthcare firms, including improved mobility, immediate access to information and streamlined record keeping. Unfortunately, these
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Patient Advocates Commend HHS’ New HIPAA Guidance on Patients’ Rights to Their Health Data
The GetMyHealthData Campaign is commending the U.S. Department of Health and Human Services (HHS) for offering new guidance on patients’ rights to access their health records under the Health Insurance Portability and Accountability Act (HIPAA) Privacy Rule. Launched in July 2015, GetMyHealthData Campaign is a collaborative effort of leading consumer organizations, health care experts, former policymakers and technology organizations working to enhance consumer access to digital health
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Survey: Hospital Cost of Following-up on Late Insurance Claims Higher Than Estimated
The cost of following-up on late insurance claims is significantly higher than most industry estimates, according to new survey from Recondo Technology. The survey reveals that despite the availability of exception-based processing to automate the resource-intensive claim follow-up process, most hospitals rely on legacy outsourced or employed manual approaches that have generally failed to lower costs.
Survey Background
Recondo surveyed 80 healthcare finance professionals from hospitals,
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Achieving HIPAA Compliance as a Business Associate
Editor’s Note: This post is co-written by David Wong, Managing Director of Bulger Partners, an advisory firm that specializes in healthcare IT and Mike Kavis, VP/Principal Architect for Cloud Technology Partners.
In 2009, the HITECH Act mandated that not only covered entities but also business associates would be subject to periodic audits as a means to ensure that both are complying with HIPAA Rules. The first phase of these audits, taking place between 2011 and 2012 and involving 115
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Mayo Clinic Unloads Data Center to Epic for $46M
Nearly a year after selecting Epic for its single, integrated EHR and revenue cycle management (RCM) system, Mayo Clinic is selling its 62,000 square-foot data center located in Rochester, MN to Epic for $46M in a sale-leaseback deal, Finance & Commerce reports.
Leaseback, short for 'sale-and-leaseback,' is a financial transaction, where one sells an asset and leases it back for the long-term; therefore, one continues to be able to use the asset but no longer owns it. As part of the
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One Medical Passport Raises $4M to Streamline Pre-op Through Post-op Process
Cloud-based peri-operative medical software provider One Medical Passport, Inc. has closed a $4 million in Series A funding from FCA Venture Partners, a Nashville-based venture capital firm focused on healthcare IT. Founded in 2000 by Stephen Punzak, MD, an anesthesiologist, helps ASCs, hospitals and physician offices work more efficiently while simultaneously improving patient care and increasing patient satisfaction. The company hopes to change the way patients prepare for and recover from
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