medCPU, Inc., a healthcare enterprise clinical decision support solution, announced that it closed an $8 million financing round, consisting of $5 million series B-2 equity and $3 million in debt financing. The equity round was led by Merck Global Health Innovation Fund and New Richmond Ventures, and debt financing was provided by Silicon Valley Bank. The company will utilize the additional capital to enable medCPU to continue to assert its leadership position in the dynamic clinical decision
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Health IT | News, Analysis, Insights - HIT Consultant
National Billing Center, SyTrue Partner to Automate Medical Billing
SyTrue, Inc., a healthcare data-refinement company, that specializes in natural language processing (NLP) solutions to translate unstructured clinical data into actionable clinical information, announced today, a partnership with National Billing Center, who provides cloud-based automation services for hospital billing.
National Billing Center (NBC) is leveraging a component of SyTrue’s proprietary smart data platform for the company’s hospital Coding Automation Tool (CAT). The technology
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Epic to Create Clinical Decision Support Tool for Falls Prevention
On Monday at the White House Conference on Aging, EHR leader Epic Systems announced it will create a clinical decision support tool (CDS) too for patient falls prevention based on CDC's guidelines. The CDS tool is expected to be available to all Epic clients by the end of the year designed to make it easier for health care providers to screen for falls, intervene to reduce risk, and provide follow-up care.
Additionally, it was announced that Kaiser Permanente will implement the CDC’s
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How NLP Is Unlocking Data Driven Insights for Radiologists
This post is sponsored by SyTrue
When healthcare executives gather these days, discussion quickly turns to growing data volumes, ways to extract patient data across the spectrum of care, and tools for gaining insights from data. These familiar issues are driven by new “value-based” (versus “volume-focused”) shifts launched throughout healthcare in the past decade.
For radiology executives, the “value-based” environment also breeds pressures from falling reimbursements. To change
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PerfectServe’s Communications Platform Reaches 50k Physician Users
Adoption of the population health model of care is increasing, and with that means larger care teams spanning across more care settings that may not be equipped with the technology or processes to ensure providers remain connected outside the four walls of a hospital. This shift has created a demand for unified clinical communication tools that facilitate timely care team collaboration among providers scattered across multiple locations, which for PerfectServe, led to a 51.2 percent increase in
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Medtronic Acquires RF Surgical Systems for $235M
On Monday, Medtronic announced a definitive agreement to acquire RF Surgical Systems, Inc., a medical device company focused on the detection and prevention of retained surgical items (sponge, gauze or towel) for approximately $235 million. Additional terms of the acquisition were not disclosed. The acquisition of the Carlsbad, Caliornia-based company supports Medtronic's economic value strategy. Partnering with stakeholders in healthcare, Medtronic is moving to offer products and services that
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Nuance Joins athenahealth’s “More Disruption Please” Marketplace
Nuance today announced it has joined athenahealth’s “More Disruption Please” program, an initiative driving disruption in healthcare and transforming the way physicians provide patient care. As part of this partnership, Nuance’s Dragon Medical 360 solution will be part of athenahealth’s Marketplace offerings, providing organizations with solutions from leading innovative companies to drive productivity and performance.
More than 30% of patients spend 10 minutes or less with their physician,
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NextGen Healthcare, Mass HIway Connect to Ensure Secure Exchange of Patient Information
NextGen Healthcare, a provider of healthcare information systems, services, and connectivity solutions, today announced it has successfully connected to the Mass HIway, marking the opening of a new secure electronic communication channel for Massachusetts healthcare providers. This has created thousands of connections across hospitals and eligible professionals nationwide.
Through this partnership, providers utilizing NextGen® Share can now exchange crucial patient information with the 350+
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Report: EMR Market to Grow at 7% Over Next 5 Years
The EMR market is expected to grow at 7 to 8 percent each year over the next five years according to recent report by Kalorama Information. The report, EMR 2015: The Market for Electronic Medical Records reveals that while the growth rate is lower than previous years, there are enough opportunities for vendors in consulting and training, system upgrades and poaching contracts from other vendors. Fear of penalties will also convince a few new customers to seek out services.
EMR Market
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New Salary Tool Gives Health IT Professionals Earning Insight
Ever wondered how much other health IT professionals are earning when searching for a new role? The obvious option of using Glassdoor generally falls short when trying to gain accurate salary data for health IT related jobs. To help provider greater insights for health IT professionals, HealthITJobs.com has launched a new real-time salary tool that allows health IT professionals to compare their salaries with industry averages. Salary data is collected from participating HealthITJobs.com
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