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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Health IT | News, Analysis, Insights - HIT Consultant
Premier Inc. Acquires Healthcare Insights for $65M in Cash
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
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?
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
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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FHIR Will Not Save Us: We Need National Patient Identifiers
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.
Graham Grieve is a data architect who thinks like a mountain climber.
“You build a mountain, you stand on top of it and see a bigger mountain
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Marlin Equity Partners to Acquire AdvancedMD
AdvancedMD, a cloud-based EHR and practice management system dedicated to independent physicians has entered into a definitive agreement to be acquired by global investment firm Marlin Equity Partners for an undisclosed sum. Closing of the transaction is expected in the third or fourth quarter of calendar 2015 and is subject to customary closing conditions, including the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.
AdvancedMD offerings includes a
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Health Catalyst Acquires Health Care DataWorks To Enhance BI in Healthcare
Health Catalyst, a provider of healthcare data warehousing, analytics and outcomes improvement has acquired Health Care DataWorks (HCD), a leading provider of business intelligence for health systems. The Columbus, OH-based company provides health systems with data warehousing tools to improve their quality of care and reduce costs. Terms of the acquisition was a cash-and-stock purchase that closed on July 31.
Health systems are increasingly using data warehousing and analytics to leverage
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NTT DATA Acquires Exclusive Rights to InteHealth Technology
NTT DATA, Inc., a leading IT services provider, announced it has acquired global exclusive rights to InteHealth, Inc.'sinnovative technology applications and solutions. The offering will allow healthcare payers and providers to establish a seamless connection to share information among key stakeholders. As a major component of electronic health record’s (EHR) meaningful use, this exclusivity agreement will allow NTT DATA to continue offering leading comprehensive solutions that bridge the gap
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3 Keys to Improving Privacy & Security Protections for Electronic Health Information Exchange
Increasing reports of cyber theft of patient information via hacking—most recently of UCLA Health System, EHR vendor Medical Informatics Engineering and its patient portal NoMoreClipboard, and, earlier, of Anthem and Premera—suggest these data breaches will continue as criminals increasingly seeking out medical data because the data contain links to financial and insurance information.
Why Is Healthcare Data So Vulnerable?
So, why is healthcare data so vulnerable? The answer is simple:
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