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Health IT | News, Analysis, Insights - HIT Consultant

Infographic: Healthcare IT’s Transformation Journey

by HITC Staff 08/14/2015 Leave a Comment

The need to reduce costs while caring for an aging population has led to sweeping changes in everything from how patients choose insurers to how doctors are reimbursed and medical records are stored and shared. As a result, the pressures on today’s healthcare CIOs and the data centers they manage are building. Mergers and acquisitions are packing more technology into tighter spaces, growing computational demands are creating crowded equipment racks, and staggering power and cooling requirements
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Emdeon Closes $910M Acquisition of Altegra Health

by HITC Staff 08/14/2015 Leave a Comment

Emdeon Launches First Ever Testing Exchange Solution for ICD-10 Claims

Emdeon Inc. has closed its $910M acquisition of Altegra Health, a national provider of technology and intervention platforms that combine data aggregation and analytics with unique member engagement and reporting capabilities to achieve actionable insights and improved management for value-based healthcare. The acquisition combines Altegra Health’s risk adjustment and quality analytics platform with Emdeon’s Intelligent Healthcare Network™, revenue cycle technology and payment solutions,
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Healthcare Natural Language Processing Market to Reach $2.67B by 2020

by Jasmine Pennic 08/13/2015 Leave a Comment

Healthcare Analytics Market Market, Healthcare Natural Language Processing Market

The global healthcare Natural Language Processing (NLP) market is expected to grow from $1.10 billion in 2015 to $2.67 billion by 2020, at a CAGR of 19.2%. According to a new market research report, "Natural Language Processing Market for Health Care and Life Sciences Industry by Type (Rule-Based, Statistical, and Hybrid NLP Solutions) - Worldwide Forecast and Analysis to 2015 - 2020", published by MarketsandMarkets, NLP technologies are gaining traction in healthcare and life sciences industry
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Accenture, Duke Collaborate on Healthcare Analytics Research

by HITC Staff 08/13/2015 Leave a Comment

Accenture and TPP Complete First Phase of Digitizing Patient Records

Accenture and Duke University have formed an alliance focused on jointly developing new advanced analytics solutions to address real-world, client-specific business challenges. The Accenture and Duke University Analytics Research Program, which will have an initial focus on healthcare analytics research, aims to bring together data, modeling and analysis to achieve sustainable business and patient outcomes. The relationship combines Accenture’s industry and analytics expertise with Duke
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Zobreus Launches Mobile Patient-Oriented EMR for Patients and Doctors

by HITC Staff 08/13/2015 Leave a Comment

After successfully raising over $50k on Kickstarter campaign, Zobreus Medical Corporation announces that it has launched the Patient-Oriented Electronic Medical (POEM) Record™ v1.0 now available in the Apple App Store. The POEM Record™ allows patients to manage and control all of their healthcare data in a structured, mobile EMR so that the information is easily accessible to them and their doctors as needed. POEM Overview Unlike other patient health records, the POEM Record™ organizes
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Capital One to Acquire GE’s Healthcare Finance Unit for $8.5B

by Jasmine Pennic 08/12/2015 Leave a Comment

Capital One Financial Corp. has agreed to acquire General Electric Co.’s health-care finance unit for about $9 billion to build its niche focus in the healthcare market. As part of the acquisition, Capital One get $8.5 billion of GE healthcare-related loans and its Healthcare Financial Services business for a 6 percent premium to par value of all receivables as of June 30, 2015. Capital One expects this acquisition to strengthen its footprint in the niche healthcare market and position its
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Premier Inc. Acquires Healthcare Insights for $65M in Cash

by HITC Staff 08/12/2015 Leave a Comment

Premier, Inc. (NASDAQ:PINC), a healthcare improvement company focused on reducing costs, improving the quality of care and boosting efficiency, today announced that it has acquired Healthcare Insights, LLC for $65 million in cash. Healthcare Insights is a Libertyville, Ill-based privately-held, integrated financial management software developer that provides hospitals and healthcare systems with budgeting, forecasting, labor productivity and cost analytic capabilities. The Healthcare Insights
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GHX Unveils 2 Healthcare Supply Chain Savings Calculators

by Fred Pennic 08/11/2015 Leave a Comment

GHX Launches New Healthcare Supply Chain Savings Calculators

Providers and suppliers continue to look at the supply chain as the cornerstone for transforming their operations. One of their ongoing challenges in this area, however, is having the ability to fully understand the long- and short-terms risks and cost savings associated with those investments.  Healthcare supply leader, GHX has launched two new healthcare supply chain savings tickers that track actual and potential savings available to healthcare providers and suppliers. The new tickers are
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Why Should Pharma Organizations Take a Holistic Approach to Supply Chain Management?

by HITC Staff 08/10/2015 Leave a Comment

This post is sponsored by Webinax In a discussion about pharmaceutical supply chain management, we must first discuss the challenges the industry faces. Take compliance. The pharmaceutical industry is highly regulated, and a single quality event or poor reporting could result in a recall or penalty. Pharmaceutical recalls have gone up tremendously in the last few years due to many factors, including the FDA cracking down on compounded pharmacies and enforcing GMP standards. According to the
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CHRISTUS Health Expands Partnership with Wellcentive to Manage Population Health in 4 States

by HITC Staff 08/10/2015 Leave a Comment

Wellcentive_logo

  CHRISTUS Health, an international, Catholic, not-for-profit health system has announced a significant expansion of its partnership with Wellcentive, which will now deliver solutions and services for value-based care and population health management (PHM) across the majority of its U.S. operations. One of the 10 largest Catholic Health systems in the U.S. CHRISTUS Health initially contracted with Wellcentive in 2014 to manage risk for its newly launched health plan, enable
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