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Health IT | News, Analysis, Insights - HIT Consultant

After Raising $10M, Datu Health Shuts Down HQ, 42 Layoffs

by Jasmine Pennic 10/16/2015 Leave a Comment

Datu Health

After announcing a $10 million in Series B equity funding, Boulder,CO-based behavioral health data company Datu Health has shuttered its headquarters resulting in 42 layoffs, Denver Post reports. They layoffs result from company consolidated its software engineering functions under its umbrella of its investment partner St. Joseph Health. According to Datu Health’s spokeswoman, Pam Zients, four of the Boulder employees will remain with Datu, which has operations in St. Louis and California.
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eClinicalWorks Unveils Next-Gen Ambulatory EHR with Focus on Interoperability

by Fred Pennic 10/16/2015 Leave a Comment

eClinicalWorks EHR

  eClinicalWorks®, a leading ambulatory EHR provider, today unveiled their next generation EHR solution, eClinicalWorks 10e, a new cloud services platform. During his keynote speech this morning at eClinicalWorks National Conference in Nashville, CEO  Girish Navani stressed the importance of a building a more cloud-centric, hardware agnostic and intuitive UI to reflect the next generation of healthcare delivery.  “10e is a game changer for this industry,” said Girish Navani, CEO and
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Infographic: Decoding Big Data in Healthcare

by Jasmine Pennic 10/16/2015 Leave a Comment

Can Big Data Provide the Trust We Need To Improve Healthcare

We all want personalized healthcare options, however, in order to achieve this, we must let big data in to decipher and breakdown our individual wants and needs. Besides being an industry buzzword, what successes can big data translate into for healthcare workers and consumers? The following infograpic created by Evariant, a company that helps leading hospital networks make sense of big data illustrates the following trends and benefits when big data is properly managed · Improved profits
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Accenture: Data Breaches Will Cost Health Systems $305B Over 5 Years

by Fred Pennic 10/16/2015 Leave a Comment

  Data breaches over the next five years will cost U.S. health systems $305 billion in cumulative lifetime revenue, according to a new report from Accenture. Key drivers behind the increase can be attributed to the significant increase in EHR adoption and other healthcare technology solutions creating a wealth of electronic information that includes patient data such as dates of birth, home addresses, social security records, insurance details and medical data.   Nearly 1.6
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Mayo Clinic, Viewics Partner to Use Data Analytics Serve Lab Clients and Patients

by HITC Staff 10/15/2015 Leave a Comment

Viewics and Mayo Clinic team up to deliver better healthcare through advanced analytics

Viewics, Inc., a provider of health care analytics solutions, and Mayo Clinic recently signed an agreement that will use the Viewics analytics platform to drive key initiatives for safety, service, costs, and quality. As part of the agreement, Viewics will deploy its data platform Viewics Health Insighter across various divisions within Mayo’s Department of Laboratory Medicine and Pathology, including the health care organization’s reference laboratory Mayo Medical Laboratories. The Viewics
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North American Health IT Market to Reach $104B by 2020

by HITC Staff 10/15/2015 Leave a Comment

Revenue Integrity Dysfunctional Patient Billing Major Distraction for Patients & Clinicians 6 Metrics to Improve Hospital Revenue Cycle ROI_revenue cycle makret

The North American health IT market is expected to reach $104 billion by 2020 at a CAGR of 13.5% during the forecast period of 2015 to 2020, according to a recent report by MarketsandMarkets. A majority of this growth is attributed to the growing adoption of various healthcare IT solutions by healthcare providers in order to meet the heightened regulatory requirements for patient care and safety, increasing need to curtail the soaring healthcare costs, and growing need to improve the quality of
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Georgia Connects With Alabama to Support Health Information Exchange

by HITC Staff 10/14/2015 Leave a Comment

Georgia Health Information Network (GaHIN), Georgia's statewide health information exchange (HIE), and Alabama's One Health Record® today announced the success of an electronic connection between the two networks. This is the second state-to-state health information exchange (HIE) connection for GaHIN, which connected with the South Carolina HIE in 2014, and is one of only a few interstate connections in the nation. "Healthcare doesn't stop at the state line, so we need to ensure that
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Physician Practice Guide to Accurate EHR Software Pricing

by HITC Staff 10/14/2015 Leave a Comment

The expected benefits of any EHR systems are to improve patient care, lower administrative costs and improve billings and collections. The primary measures of effectiveness are: - The claims collection rate; - The number of patient visits per day; - The amount of time spent managing faxes and paper charts and - The direct costs of paper charts (cost of materials, storage, destruction etc.). EHR system costs will vary widely and depend primarily on the size of the physician
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Verisk Analytics to Sell Its Healthcare Business, Could Sell for $1B

by Jasmine Pennic 10/13/2015 Leave a Comment

Verisk Analytics

Verisk Analytics (Nasdaq:VRSK), a data analytics provider serving customers in insurance, energy, healthcare, financial services, government, and risk management has hired Morgan Stanley to sell Verisk Health, its healthcare division, according to three industry bankers, The Deal reports. Bankers estimate that Verisk Health sale could pull in between $900 million to $1.08 billion. The sales process is reportedly in the early stages and bankers have noted that the company's breadth of offerings
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Geisinger Health System to Utilize Cerner’s HealtheIntent PHM Platform

by HITC Staff 10/13/2015 Leave a Comment

Geisinger Health System has announced it will collaborate with Cerner to use Cerner'sHealtheIntent℠ population health management platform to further extend Geisinger's data-driven population health capabilities. In a proof-of-concept project, Geisinger leveraged HealtheIntent's system-agnostic platform that normalizes data from any source, to aggregate clinical and financial data from its core EHR and other sources, such as its insurance company.  Coming off the heels of the positive proof of
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