The term “population health” has been a buzzword in the health IT lexicon for the past few years. Driven largely by the healthcare industry’s transition from a volumes based model to value-based delivery, population health plays a key role in emphasizing the accountability of outcomes. The concept of population health was originally defined as “the health outcome of a group of individuals, including the distribution of such outcomes within the group” by David Kindig and Greg Stoddart in 2013.
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Health IT | News, Analysis, Insights - HIT Consultant
HHS Awards $200k Grant for Diabetes Patient Engagement
The U.S. Department of Health & Human Services (HHS) has awarded a $200,000 grant to Butler Health System and Madison-based Wellbe as part of the Rural Health Care Services Outreach Grant Program to support diabetes self-management using online patient engagement.
Grant Details
The project will serve rural areas of Butler, Venango, Lawrence, and Clarion counties with an innovative diabetes support and education system coordinated by Butler Health System and in partnership with Seneca
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Global E-Prescribing Market Expected to Reach $888M by 2019
The global e-prescribing market was valued at USD 250.2 million in 2013 and is expected to grow at a CAGR of 23.5% from 2013 to 2019, to reach an estimated value of USD 887.8 million in 2019, according to a new market report published by Persistence Market Research. The report, “Global Market Study on E-Prescribing: North America to Witness Highest Growth by 2019,” finds the e-prescribing market share is experiencing an explosion fueled by government regulations implement e-prescribing systems
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Hill-Rom to Acquire Welch Allyn for $2.05B
Hill-Rom, a provider of hospital equipment, medical devices and surgical products, will acquire Welch Allyn for approximately $2.05 billion in cash and stock. Under the terms of the agreement, Welch Allyn shareholders will receive $1.625 billion in cash and approximately 8.1 million newly-issued shares of Hill-Rom common stock. After the acquisition is closed, which is slated before the end of September 2015, Welch Allyn shareholders will own approximately 13 percent of the combined
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Philips, WMCHealth Announce $500M Partnership to Transform Patient Care
Philips and Westchester Medical Center Health Network (WMCHealth) announced a $500 million, multi-year partnership to transform and improve healthcare for millions of patients across New York’s Hudson Valley.
Building on its success with strategic managed services enterprise partnerships around the world, including Georgia Regents Medical Center, the deal reinforces Philips leadership in teaming with health systems in new ways to help them thrive in an evolving and increasingly competitive
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Mostashari’s Startup Aledade Raises $30M to Fuel Value-Based Care
Dr. Farzad Mostashari's digital health startup Aledade announced it has raised a $30 million Series B funding round to fuel the company’s work to partner with independent primary care physicians and create accountable care organizations (ACOs). The funding round was led by ARCH Venture Partners, and includes an additional investment from Series A investor Venrock.
The additional funding will help establish:
- new Accountable Care Organizations (ACOs) and expand existing ones and expand
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Information Blocking in Health IT: Myth or Reality?
Editor's Note: Irv Lichtenwald is president and CEO of Medsphere Systems Corporation, the solution provider for the OpenVista electronic health record. Prior to joining Medsphere, he served as CFO of Advent Software, a leading provider of investment management solutions. Between 1995 and 2003, Irv led Advent through three public stock offerings.
Do we believe in something we can’t see?
The suggestion has been made that some vendors are actively engaged in “information
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Epic CEO Judy Faulkner Pledges 99% of Wealth to Philanthropy
On Tuesday, Judy Faulkner, founder and CEO of Verona, Wis.-based Epic Systems announced plans to give away 99% of her wealth to philanthropy, Forbes report. Faulkner joins 136 other individuals and families in the Giving Pledge led by Warren Buffett and Bill and Melinda Gates to commit to giving more than half of their wealth to philanthropy or charitable causes either during their lifetime or in their will.
In her formal pledge letter Faulkner wrote, "Epic needs to be strong, successful, and
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Senate Health Committee Announce Health IT Bipartisan Hearings
Senate health committee Chairman Lamar Alexander (R-Tenn.) and Ranking Member Patty Murray (D-Wash.) announced the start of a series of bipartisan hearings on possible solutions to achieve the promise of health IT. The senators announced that Sen. Bill Cassidy (R-La.) will chair, and Sen. Sheldon Whitehouse (D-R.I.) will serve as ranking member, for the committee’s next hearing in the series, and Sen. Susan Collins (R-Maine) will chair a subsequent hearing.
“Today’s hearing sets the table for
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Wellstar Breaks Off Merger Negotiations with Emory
Wellstar Health System announced it has ended merger negotiations with Emory Healthcare, Atlanta Business Chronicle reports. The proposed merger failed to fit into Wellstar’s “new strategic direction," according to Gary Miller, chairman of the system's board of trustees.
"WellStar has declined to enter the next stage of discussions with Emory University,” Miller said. “We respect Emory University as a leading, international academic medical center. WellStar will accelerate multiple horizontal
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