What You Should Know:
- KLAS Research has released a new report reveals EHR selection buyer's remorse among recent decison-makers at small standalone hospitals (1-200 beds).
- The report, US Acute Care EHR Market Share 2024 is based on interviews with hospital leaders and an analysis of market share data, reveals key trends in EHR selection, implementation, and satisfaction among small hospitals.
Epic, MEDITECH, and Oracle Health Dominate the Market
While small hospitals
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Health IT | News, Analysis, Insights - HIT Consultant
How AI Can Drive the Transition to Value-Based Care
The healthcare industry is at a crossroads, grappling with the dual challenges of declining health quality metrics and skyrocketing care costs. The reality is that health outcomes are driven more by what patients do than by what providers or payers do.
It is estimated that 80% of health outcomes are driven by non-medical factors – often social or behavioral risks that impact health and lead to poor outcomes and high costs. Value-based care (VBC) shifts this focus to helping the patient
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The Connection Between Patient Satisfaction and Healthcare Finance
Understanding patient satisfaction scores is not just about numbers. It's about gaining insights that can significantly impact the revenue cycle. From reimbursement rates to patient retention to physician referrals, what we learn about the patient experience is a powerful tool in our hands.
Navigating this landscape can be challenging for healthcare providers. Many organizations lack a standardized method for measuring patient satisfaction across departments. This leaves the door open for
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XiFin Launches Payor Intelligence Hub, Expands Payor Rate Transparency Monitor
What You Should Know:
- XiFin, Inc., a leading provider of innovative healthcare information technologies and services that deliver artificial intelligence (AI)-enabled operational efficiency, interoperability, and simplicity, announced it has significantly enhanced its Payor Rate Transparency Monitor, adding two major payors—Humana and Blue Shield of California (BSCA)—to provide healthcare organizations with deeper insights into in-network contracted rates across millions of payor-reported
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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
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
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
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
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
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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