Every year, more than $5 billion is wasted on expired, lost or uncaptured medical device and implantable charges. While this supply chain waste is pervasive throughout entire health systems, the intricacy of managing high-value items is exceptionally demanding in the operating room (OR). To help address waste in the OR, Cardinal Health Inventory Management (CIMS) has launched new, cloud-based automated workflow modules for challenging-to-manage inventory such as biological implants, sutures, and
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Health IT | News, Analysis, Insights - HIT Consultant
Practice Fusion Appoints Interim CEO, Replacing Ryan Howard to Drive Next Phase of Growth
Practice Fusion, a cloud-based EHR platform for doctors and patients has appointed Tom Langan, the current chief commercial officer, as interim CEO of the company, replacing Ryan Howard who will assume the position of Chairman of the Board. While the move to replace Howard seems abrupt, the Board of Directors felt the leadership transition was the best step to help the company accelerate commercial growth of its EHR platform.
Tom Langan joined Practice Fusion from Symphony Health Solutions,
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Infographic: Healthcare IT’s Transformation Journey
The need to reduce costs while caring for an aging population has led to sweeping changes in everything from how patients choose insurers to how doctors are reimbursed and medical records are stored and shared. As a result, the pressures on today’s healthcare CIOs and the data centers they manage are building. Mergers and acquisitions are packing more technology into tighter spaces, growing computational demands are creating crowded equipment racks, and staggering power and cooling requirements
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Emdeon Closes $910M Acquisition of Altegra Health
Emdeon Inc. has closed its $910M acquisition of Altegra Health, a national provider of technology and intervention platforms that combine data aggregation and analytics with unique member engagement and reporting capabilities to achieve actionable insights and improved management for value-based healthcare. The acquisition combines Altegra Health’s risk adjustment and quality analytics platform with Emdeon’s Intelligent Healthcare Network™, revenue cycle technology and payment solutions,
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Healthcare Natural Language Processing Market to Reach $2.67B by 2020
The global healthcare Natural Language Processing (NLP) market is expected to grow from $1.10 billion in 2015 to $2.67 billion by 2020, at a CAGR of 19.2%. According to a new market research report, "Natural Language Processing Market for Health Care and Life Sciences Industry by Type (Rule-Based, Statistical, and Hybrid NLP Solutions) - Worldwide Forecast and Analysis to 2015 - 2020", published by MarketsandMarkets, NLP technologies are gaining traction in healthcare and life sciences industry
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Accenture, Duke Collaborate on Healthcare Analytics Research
Accenture and Duke University have formed an alliance focused on jointly developing new advanced analytics solutions to address real-world, client-specific business challenges. The Accenture and Duke University Analytics Research Program, which will have an initial focus on healthcare analytics research, aims to bring together data, modeling and analysis to achieve sustainable business and patient outcomes.
The relationship combines Accenture’s industry and analytics expertise with Duke
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Zobreus Launches Mobile Patient-Oriented EMR for Patients and Doctors
After successfully raising over $50k on Kickstarter campaign, Zobreus Medical Corporation announces that it has launched the Patient-Oriented Electronic Medical (POEM) Record™ v1.0 now available in the Apple App Store. The POEM Record™ allows patients to manage and control all of their healthcare data in a structured, mobile EMR so that the information is easily accessible to them and their doctors as needed.
POEM Overview
Unlike other patient health records, the POEM Record™ organizes
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Capital One to Acquire GE’s Healthcare Finance Unit for $8.5B
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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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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