Over the past couple of years, there have been around 200 merger and acquisition (M&A) deals in the healthcare IT space, driven by high enterprise value and the sheer size of the industry. 49 deals came together in the first quarter of this year alone. These numbers make health IT the highest performing industry in terms of M&A activity in the consumer and retail space, and the second highest in the infrastructure/industrial space.Between 2018 and 2019, we will see an insatiable need for
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Health IT | News, Analysis, Insights - HIT Consultant
Private Equity Firm Acquires Pharmacy Automation Provider Capsa Healthcare
Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm has acquired Capsa Healthcare, a provider of mobile workstations, medication management products, and pharmacy automation solutions for healthcare settings. Financial terms of the acquisition were not disclosed.Formed through the integration of Capsa Solutions, Rubbermaid Healthcare, and Kirby Lester, Capsa Healthcare develops and manufactures Point-of-Care Workstations, Medication Management Solutions, and
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Why Healthcare Organizations Need to Leverage Enterprise Data Lakes
As the so-called “oil of the twenty-first century,” there is little doubt that data is the crown jewel of the digital economy. The Internet of Things is poised not only to shake up individual industries, but to bring them together like never before with the promise of hyper connected, ultra personalized experiences. And for consumers, one particular application of IoT is perhaps the most intriguing: the impact of connected devices on health and healthcare. Indeed, McKinsey has projected a $11.1
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DrFirst Enables Free Mobile Med Management Tool To Help Hurricane Harvey,Irma Victims
Hurricane Irma is expected to cause catastrophic destruction across Puerto Rico, Florida, and possibly other states, even as the Gulf Coast is working to recover from Hurricane Harvey. Many healthcare facilities and pharmacies are already unavailable for extended periods, and others soon will be. As the waters subside, patients in affected areas may be displaced, many care locations will be temporarily closed, and prescribing patterns could be disrupted due to evacuations, power outages, and
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ERT Acquires Biomedical Systems to Accelerate Clinical Research
ERT, a data and technology company that minimizes uncertainty and risk in clinical trials has acquired Biomedical Systems, a provider of reliable imaging, as well as cardiac safety and respiratory data collection solutions. Financial terms of the acquisition were not disclosed. Founded in 1975, Biomedical Systems is a leading clinical trial provider to pharmaceutical, medical device, biotech, and CROs. Its comprehensive clinical trial solutions include cardiac safety, pulmonary function,
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Navicure Integrates With Epic to Streamline Automated Patient Payments for Epic Users
Navicure, a provider of integrated cloud-based medical claims management, patient payment and healthcare data analytics solutions has announced the integration of Navicure Payments with Epic solutions. The Epic integration will allow Epic users to use Navicure’s automated patient payment solution through their existing Epic system, including MyChart, providing access to a full range of patient payment options on one, consolidated platform.Key features of the Navicure Payments’ Epic integration
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6 Questions for Providers Moving Their Health IT System to the Cloud
The last time you made a difficult decision, chances are you engaged in some form of a process called the 5 W’s, or maybe the 5W’s and Sometimes How, or 5W+1H … maybe 6 W’s.Right. So, what the process lacks in an agreed-upon name it makes up for with the logical consistency of directed, relevant questions: Who? What? When? Where? Why? How? It’s a process journalists often use consciously in writing articles, and it comes in handy for non-journalists when the goal is breaking down options and
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MEDITECH Integrates NCCN Chemotherapy Order Templates with Web EHR
The National Comprehensive Cancer Network (NCCN) has announced collaboration with MEDITECH to integrate NCCN Chemotherapy Order Templates (NCCN Templates) into MEDITECH's Web Electronic Health Record (EHR) as standard cancer treatment protocols for use at point of care. As part of the integration, MEDITECH's Web EHR will provide clinicians direct access to the NCCN Templates and will link to NCCN.org and the corresponding NCCN Clinical Practice Guidelines in Oncology (NCCN Guidelines).The
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United Healthcare, DrFirst Launch App to Tackle Med Adherence with Drug-Price Transparency
The high cost of prescription drugs is one of the top causes of patient medication non-adherence, resulting in avoidable emergency department and hospital admissions, as well as longer term poor patient outcomes. With the transition to value-based care finally becoming a reality, this challenge must be addressed — and quickly — by leading healthcare organizations. To address this critical issue, UnitedHealthcare and DrFirst has announced the launch of PreCheck MyScript, a new app that delivers
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Surescripts, Allscripts to Offer TX, LA Pharmacists Free Access to Patient Medication History Data
In the wake of the devastating impact of Hurricane Harvey, Surescripts and Allscripts are collaborating to provide free access to patient-specific medication history data for pharmacists in Texas and Louisiana for a limited time.Pharmacists interested in utilizing the service should visit www.surescripts.com/harvey for instructions on how to become authorized to access the Allscripts application through which they can then obtain patient consent to see a 12-month view of a patient’s medication
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