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General Catalyst’s HATCo Acquires Summa Health for $485M, Eliminates $850M in Debt

by Fred Pennic 11/07/2024 Leave a Comment

General Catalyst’s HATCo Acquires Summa Health for $485M, Eliminates $850M in Debt

What You Should Know:  - Health Assurance Transformation LLC (HATCo), a General Catalyst company has reached an agreement to acquire Summa Health, an Ohio-based health system for $485M.  - The $485M acquisition combined with Summa Health's current cash reserves, will enable the health system to eliminate $850 million in existing debt. Furthermore, the remaining funds will establish a new community foundation dedicated to improving community health in the Greater Akron
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Epic in the Public Cloud: Scalability and Satisfaction on the Rise, But Challenges Remain

by Fred Pennic 11/07/2024 Leave a Comment

Epic in the Public Cloud: Scalability and Satisfaction on the Rise, But Challenges Remain

What You Should Know:  - Over the past few years, healthcare organizations have increasingly turned to public cloud providers like AWS and Microsoft Azure to host their Epic electronic health record (EHR) systems. Driven by the promise of scalability, cost savings, and improved performance, this trend shows no signs of slowing down.  - A new report from KLAS Research provides an updated look at the viability of Epic in the public cloud, highlighting both successes and ongoing
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Data Velocity in Healthcare: Why Speed Matters

by Nick Stepro, Chief Product and Technology Officer, Arcadia 11/07/2024 Leave a Comment

Data Velocity in Healthcare: Why Speed Matters

In healthcare, where the stakes are incredibly high, the speed at which we can share, process, and act on data significantly influences patient outcomes and brings success in value-based care arrangements. A recent survey found that only 47% of organizations are using data aged less than 24 hours for working care gaps, and just 39% of organizations use similarly recent data for patient stratification and building cohorts. Stale data can mean inadequate care and missed opportunities to manage
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Epic Unveils Expanded APIs for Healthcare App Developers

by Fred Pennic 11/05/2024 Leave a Comment

Epic Challenges Particle Health Over Data Access Practices

What You Should Know:  - EHR leader Epic announced the expansion of its Application Program Interfaces (APIs) for healthcare app developers.  - These APIs, available at no cost, will enable developers to access a more comprehensive view of the patient, supporting the latest standards in data exchange.   Enhanced Interoperability for Personalized Care The expanded APIs are designed to support version 3 of the United States Core Data for Interoperability (USCDI v3).
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2024 CHIME Digital Health Most Wired Survey: Governance and Automation Shape Healthcare IT

by Fred Pennic 11/05/2024 Leave a Comment

2024 CHIME Digital Health Most Wired Survey: Governance and Automation Shape Healthcare IT

What You Should Know:  The College of Healthcare Information Management Executives (CHIME) has released its annual Digital Health Most Wired (DHMW) survey report, providing valuable insights into the digital health progress of healthcare organizations (HCOs) worldwide.  - The 2024 survey reveals a significant shift towards governance and automation in key digital domains, reflecting a growing emphasis on leveraging technology to improve patient care and operational
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Debunking the Myths of Self-Directed Care

by Vince Coppola, President & CEO of PPL 11/05/2024 Leave a Comment

Debunking the Myths of Self-Directed Care

Self-directed care remains one of the best-kept secrets in long-term care, and though it’s steadily growing, overall enrollment – and awareness – remains relatively low. From 2019 to 2023, the U.S. saw a 23% increase in people self-directing their long-term services and supports (LTSS). Yet, because many eligible individuals remain unaware of self-direction, vulnerable populations, including individuals with intellectual, developmental, and physical disabilities, chronic diseases, and adults
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Healthcare Data Blocking Wars: RTMS Defends Against PointClickCare’s Appeal

by Fred Pennic 11/04/2024 Leave a Comment

Healthcare Data Blocking Wars: RTMS Defends Against PointClickCare's Appeal

What You Should Know:  - Real Time Medical Systems (RTMS) is defending a preliminary injunction that prevents PointClickCare (PCC) from blocking RTMS's access to patient electronic health records (EHRs).  - PCC, which owns the EHR platform, attempted to block RTMS's access to the data by implementing "indecipherable CAPTCHAs," effectively preventing RTMS from providing its services. Legal Dispute Overview RTMS and PCC are competitors in the value-based care/patient
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OpenNotes and Abridge Partner to Evaluate AI-Generated Visit Summaries for Enhanced Patient Understanding

by Fred Pennic 11/01/2024 Leave a Comment

OpenNotes and Abridge Partner to Evaluate AI-Generated Visit Summaries for Enhanced Patient Understanding

What You Should Know:  - OpenNotes, an advocate for healthcare transparency, and Abridge, an AI-powered clinical documentation platform, have joined forces to improve patient engagement and understanding through enhanced AI-generated visit summaries.  - The collaboration, part of the new OpenNotes Lab at Beth Israel Deaconess Medical Center (BIDMC), will leverage patient feedback and AI to create more effective and accessible patient-facing documentation. Improving Patient
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Q/A: Amp Health’s VP Talks How Industrial COEs Are Transforming Workforce Wellness

by Fred Pennic 10/31/2024 Leave a Comment

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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HLTH: KLAS Research Unveils Top 20 Emerging Healthcare Solutions

by Fred Pennic 10/22/2024 Leave a Comment

HLTH: KLAS Research Unveils Top 20 Emerging Healthcare Solutions

What You Should Know:  - KLAS Research, a healthcare research and insights firm, has announced the winners of its 2024 Emerging Solutions Top 20 awards at the HLTH 2024 conference. These awards recognize the most innovative and impactful emerging healthcare companies that are poised to transform the industry. - While AI and other emerging technologies offer tremendous potential, the KLAS report also acknowledges the challenges of integrating these solutions into existing healthcare IT
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Bayer Exits Radiology AI Market, Discontinuing Calantic and Blackford

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Evernorth Health Services Invests $3.5B in Shields Health Solutions

KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

KLAS Report: Oracle Health Faces Customer Losses and Declining Satisfaction

Tempus AI Acquires Digital Pathology Leader Paige for $81.25M

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Mira Launches Ultra4™, the First At-Home Hormone Monitor with Lab-Quality Insights

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How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

How Healthcare CIOs Can Solve the Unstructured Data Crisis and Reduce Storage Costs

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