Healthcare IT VC funding topped $1.25 billion in 177 deals in Q3 2016 compared to $1.6 billion in 140 deals in Q2 2016, according to the latest report from Mercom Capital Group. The report, Q3 2016 Healthcare IT / Digital Health Funding and M&A Report reveals that overall funding is on pace to eclipse 2015’s total and the trend from last quarter continued as there was again increased funding activity in Healthcare IT outside of the United States, especially in China. Here are ten key trends
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Health IT | News, Analysis, Insights - HIT Consultant
Johns Hopkins to Launch 8 Precision Medicine Centers of Excellence
Johns Hopkins inHealth, the precision medicine effort at Johns Hopkins has announced plans to launch eight precision medicine centers of excellence (COE) this year to highlight areas where the newest technologies and measurement tools can be applied to greatly improve patient care. As part of the effort, Johns Hopkins Medicine has identified several similarly challenging conditions for which precision medicine centers of excellence will improve efficiencies and patient outcomes, while fostering
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Mount Sinai Taps CloudMedx to Use Predictive Analytics for CHF Patients
Mount Sinai Hospital and CloudMedx, today announced a collaborate on congestive heart failure to improve workflows and patients care management. As part of the collaboration, Mount Sinai will leverage intelligent predictive insights from CloudMedx in order to identify patients who are at higher risk of CHF and use evidence based care interventions to improve their outcomes such as reduced readmissions and overall well-being.Mount Sinai wanted to combine evidence based digital medicine technology
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3M 360 Encompass System Expands with Professional Fee Coding
3M Health Information Systems is expanding its 3M 360 Encompass System platform to introduce encounter-based professional fee coding solution. The new solution brings the power of 3M’s computer-assisted coding, physician query capability and reporting to coding and billing for physician services, helping professional coders improve productivity, boost compliance and decrease claim denials.The University of New Mexico Hospitals (UNMH), a five-hospital system and New Mexico’s only academic medical
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Olathe Health System to Integrate Cerner Revenue Cycle With EHR
Olathe Health System, one of the largest providers in the Midwest announced it will integrate its existing enterprise-wide EHR with Cerner Revenue Cycle. The relationship expansion will deliver advanced integration between Cerner’s clinical and financial solutions enables streamlined coordination of care across inpatient and outpatient facilities, as well as independent physician practices. It also is designed to enhance the patient billing experience by enabling data to flow through the system
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Iora Health Nabs $75M to Expand Relationship-Driven Primary Care Clinics
Iora Health, a Boston, MA-based health system that aims to deliver relationship based primary care, raised $75 million in Series D funding led by Singapore-based Temasek. The Series D round also included participation from from existing investors .406 Ventures, Flare Capital Partners, F-Prime Capital, GE Ventures, Khosla Ventures, Polaris Partners, and Rice Management Company. The company plans to utilize the funding to expand into new markets and invest further development of its proprietary
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Highmark to Offer Welltok’s CaféWell Rewards Platform for Medicare Plans
Highmark, the fourth largest Blue Cross and Blue Shield-affiliated company has partnered with Welltok to reward Highmark’s Medicare Advantage Passport program members for healthy actions through Welltok’s CaféWell Rewards platform. By creating a single destination where seniors can access information related to their health and well-being, the collaboration aims to close gaps in care and advance population health efforts. With Welltok’s CaféWell Rewards, Highmark is now rewarding healthy
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Survey: 1 in 4 Nurse Managers Still Use Paper-Based Scheduling Tools
An alarming number of nurse managers still use paper-based staffing tools or do not use any scheduling tools at all, according to a recent benchmark survey by AMN Healthcare and daughter-company, Avantas The results from their annual benchmark survey reveals that the shortages of nurses and other healthcare professionals becoming a chronic problem, optimizing the nursing workforce is imperative to maintaining quality patient care, reducing staff burnout and increasing nurse retention.With 65%
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HIMSS Unveils New Cybersecurity Hub: 5 Things to Know
HIMSS is gearing up to launch HIMSS its new, interactive Cybersecurity Hub with the goal of equipping the health field with the knowledge to address cybersecurity challenges head-on. Here are five things to know about the HIMSS Cybersecurity Hub:1. The Cybersecurity Hub, scheduled to open on October 25th is an immersive learning environment aimed at de-mystifying the evolving cyber threat landscape for executives, healthcare providers, IT professionals, policymakers and the general public. 2.The
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IBM Watson Health, Siemens Healthineers Form 5-Year Population Health Alliance
Siemens Healthineers and IBM Watson Health has announced a 5-year Population Health Management alliance to help providers deliver value-based healthcare worldwide. As part of the alliance, IBM and Siemens will work together to jointly develop and deploy new PHM offerings leveraging each company's expertise and assets, including those added to the Watson Health portfolio from acquisitions such as Phytel and Explorys. Population Health Alliance DetailsSiemens Healthineers will offer PHM solutions
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