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Health IT | News, Analysis, Insights - HIT Consultant

Hancock Health Selects revology to Manage Revenue Cycle Ops

by Fred Pennic 11/01/2024 Leave a Comment

Hancock Health Selects revology to Manage Revenue Cycle Ops

What You Should Know:  - Revology, a provider of revenue cycle management (RCM) solutions, has announced a multi-year contract with Hancock Health to manage its RCM operations.  - Hancock Health expanded its partnership with revology after the RCM firm helped increase cash collections, resulting in an additional $10 million for the organization. Addressing RCM Challenges in Healthcare Healthcare organizations face growing challenges in managing their revenue cycles effectively.
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Q/A: Amp Health’s VP Talks How Industrial COEs Are Transforming Workforce Wellness

by Fred Pennic 10/31/2024 Leave a Comment

Q/A: Amp Health’s VP Talks How Industrial COEs Are Transforming Workforce Wellness

In today’s demanding industrial landscape, the urgency of establishing Industrial Labor Centers of Excellence (COEs) has never been greater. COEs—specialized programs or facilities that provide high-quality, mulit-disciplinary care—are at the forefront of revolutionizing how we approach workforce wellness and safety by integrating technology, data, and proactive interventions. For organizations committed to sustainable growth and a healthier, more engaged workforce, adopting and championing
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How Healthcare IT Teams Can Secure Executive Buy-in for Critical Cybersecurity Investments

by Dmitry Sotnikov, Chief Product Officer at Cayosoft 10/31/2024 Leave a Comment

How Healthcare IT Teams Can Secure Executive Buy-in for Critical Cybersecurity Investments

It's well known that ransomware is on the rise across industries. Healthcare organizations experienced more ransomware attacks than any other critical infrastructure sector last year, according to the FBI’s 2023 Internet Crime Report. Given the wide-reaching consequences and direct patient impact of such attacks, it’s become clear that investing in cybersecurity is a critical priority. This is particularly true of securing Microsoft infrastructure, including identity management systems like
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1upHealth Appoints Andrew Boyd as New CEO

by Digital Health Executive Hires 10/31/2024 Leave a Comment

1upHealth Appoints Andrew Boyd as New CEO

What You Should Know: - 1upHealth, a leading provider of cloud-based FHIR technology, has announced the appointment of Andrew Boyd as its new Chief Executive Officer. - Boyd brings over 20 years of experience in healthcare technology and digital solutions to further 1upHealth's mission of revolutionizing healthcare data interoperability. - Prior to joining 1upHealth, Boyd held various leadership roles at Virgin Pulse (now Personify Health), a personalized health platform company,
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Guardion Secures $6M to Advance Hospital Bed Hygeine and Patient Safety

by Syed Hamza Sohail 10/31/2024 Leave a Comment

Guardion Secures $6M to Advance Hospital Bed Hygiene and Patient Safety

What You Should Know: - Trinity Guardion, a leader in hospital bed hygiene solutions, has successfully raised $6 million, including $3.5 million in a Series B funding round. - This investment will accelerate the production and commercialization of the innovative Soteria® Bed Barrier System. Trinity Guardion’s Soteria Bed Barrier: Advancing Infection Control in Hospital Environments Founded in 2010 and headquartered in Batesville, Indiana, Trinity Guardion specializes in FDA-cleared,
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Cornerstone AI Raises $5M to Accelerate AI-Powered Data Cleaning for Healthcare

by Fred Pennic 10/30/2024 Leave a Comment

Cornerstone AI Raises $5M to Accelerate AI-Powered Data Cleaning for Healthcare

What You Should Know:  - Cornerstone AI, a leading provider of AI-driven data cleaning solutions for healthcare, has secured $5M in funding led by  Acrew Capital, with participation from existing investors Initiate Ventures and Healthy Ventures, as well as Travis May, founder and former CEO of Datavant, and Web Sun and Arif Nathoo, the co-founders of Komodo Health.  - With this new funding, Cornerstone AI is well-positioned for continued growth and expansion. Viraj Narayanan
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GrayMatters Health Expands FDA-Cleared PTSD Treatment Expands to US Clinics

by Fred Pennic 10/30/2024 Leave a Comment

GrayMatters Health Expands FDA-Cleared PTSD Treatment Expands to US Clinics

What You Should Know:  - GrayMatters Health (GMH), a pioneer in digital brain biomarker-based mental health treatments, is broadening patient access to its Prism for PTSD™ therapy.  - As the first FDA-cleared self-neuromodulation device for post-traumatic stress disorder (PTSD), Prism for PTSD™ offers a new approach to managing this debilitating condition. Prism for PTSD™: A Personalized Approach to Healing GMH's patented technology utilizes an amygdala-based biomarker to
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Artificial Intelligence (AI) in Healthcare – Today and in the Future

by Bruce Lieberthal, Chief Innovation Officer at Henry Schein 10/30/2024 Leave a Comment

Artificial Intelligence (AI) is continuing to gain traction in the realm of healthcare and medicine. According to a study by the American Medical Association, 41 percent of physicians said they are both equally excited, and concerned, about the potential uses of AI in healthcare. As AI capabilities continue to grow, there are a variety of ways AI can be used in a practice. Let us outline several AI applications that have the potential to positively impact both patients and
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Why Payers Must Be Innovation Champions to Increase Healthcare Affordability

by Aarti Karamchandani, Chief Growth Officer at MacroHealth 10/30/2024 Leave a Comment

Why Payers Must Be Innovation Champions to Increase Healthcare Affordability

The U.S. Healthcare economic system must change. For too long, it's been one long game of whack-a-mole trying to keep prices in check. That game can end if healthcare, particularly payers, look to mirror the success stories of other major industries. In the late 20th century, when the fee-for-service version of healthcare grew in popularity, inpatient costs started increasing. To rectify this, the Centers for Medicare & Medicaid Services (CMS) introduced the Inpatient Prospective
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Ascend Learning Appoints Dr. Lissy Hu as CEO

by Executive Hires 10/30/2024 Leave a Comment

Ascend Learning Appoints Dr. Lissy Hu as CEO

What You Should Know:  - Ascend Learning, a provider of learning technology solutions for the healthcare industry, has announced the appointment of Dr. Lissy Hu as its new Chief Executive Officer.  - Dr. Hu, a seasoned healthcare technology leader and entrepreneur, will succeed Greg Sebasky, who is retiring after 10 years as CEO and will transition to Chairman of the Ascend Board of Managers in January 2025. Dr. Hu Bio/Background Dr. Hu brings a wealth of experience in
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