What You Should Know:
- St. Louis-based, privately held Lumeris announced the completion of a $100M equity capital raise.
- The funding round was led by Deerfield Management, a longstanding lender, and new investor Endeavor Health. Existing investors Kleiner Perkins, Sandbox Industries, BlueCross BlueShield Venture Partners and JDLinx
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ONC Releases Common Agreement V2.0, Paving the Way for TEFCA Exchange via FHIR
What You Should Know:
- The Office of the National Coordinator for Health Information Technology (ONC), along with The Sequoia Project, Inc., a Recognized Coordinating Entity (RCE), has released Common Agreement Version 2.0 (CA v2.0).
What is the Common Agreement?
The Common Agreement establishes a set of common rules and technical standards for secure health information exchange across different health information networks (HINs) and their users. This essentially creates a common
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Accenture Federal Services to Acquire Cognosante
What You Should Know:
- Accenture Federal Services has entered into an agreement to acquire Cognosante, a mission-driven provider of digital transformation and cloud modernization solutions for federal health, defense, intelligence, and civilian agencies.
- Founded in 2008 by Michele Kang, Cognosante has grown rapidly to become a trusted provider of innovative technology solutions with its federal government
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PathAI and Google Cloud Partner to Advance AI-Powered Pathology for Biopharma and Labs
What You Should Know:
- PathAI, a leading force in AI-powered pathology, has joined forces with Google Cloud at the Bio-IT World Conference & Expo to accelerate the integration of AI and digital pathology workflows within biopharmaceutical companies and anatomic pathology (AP) labs.
- By streamlining workflows, expediting data processing, and enabling the development of more precise AI models, this collaboration has the potential to revolutionize the field of pathology and
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The AI Blueprint: An Implementation Guide for Revenue Cycle Leaders
Applying artificial intelligence (AI) solutions in hospitals and health systems can be overwhelming for leaders due to AI’s complexity (it’s not one technology, but several) and rapid proliferation. This is in addition to the usual technology hurdles within healthcare that include data quality and accessibility, interoperability, and clinical validation and adoption. Finally, with any new solution, there’s the concern of return on investment: Will implementing the latest solutions pay off for my
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inVio Health Network and CVS Accountable Care Partner to Improve Medicare Patient Care in South Carolina
What You Should Know:
- inVio Health Network and CVS Accountable Care Organization, a division of CVS Health, have announced a collaboration to participate in the new Medicare Accountable Care Organization (ACO) REACH program. This initiative focuses on improving access to high-quality healthcare for traditional Medicare beneficiaries in South Carolina.
- The collaboration builds upon the past achievements of Prisma Health Upstate and Prisma Health Midlands Networks, which merged in
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Digital Health Apps Graveyard: Why 53% Fail and How to Succeed
The digital market is flooded with health apps. Over 90,000 offers were introduced to patients and healthcare providers alike in 2020 alone, with this number continuing to rise in response to mounting healthcare system pressures.
It therefore comes as little surprise to learn that 53% of all digital health apps are uninstalled within 30 days of download. People are more than happy to trial them but fail to achieve continued adherence, oftentimes because the app hasn’t provided them with
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New Report Reveals Biggest Reason Why Nurses Are Quitting
What You Should Know:
- Laudio and the American Organization for Nursing Leadership announced the release of the inaugural Quantifying Nurse Manager Impact report, which delivers insights into the impact of nurse managers on health system financial outcomes and key factors that can impede this impact.
- Leveraging Laudio’s unique data set, the report provides first-of-its-kind data on the influence of leader-team member engagement on nurse retention – a pervasive and costly
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Q1 2024 Digital Health Funding: A Reset & Refocus on Outcomes
What You Should Know:
- Q1 2024 Digital health funding in the U.S. reached $2.7B across 133 deals, with an average deal size of $20.6M, according to Rock Health’s Q1 2024 Digital Health Funding Report.
- The report reveals the digital health funding landscape has undergone a significant shift in Q1 2024, marking a transition from a period of rapid growth to a more measured environment focused on long-term sustainability. This signals a shift towards smaller check sizes, indicating a more
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UnitedHealth Faces New Ransomware Threat After Alleged $22M Payment Failure
What You Should Know:
- UnitedHealth Group is embroiled in a new ransomware saga, just as it recovers from a February attack, according to a blog post from threat intelligence firm SOCRadar.
- A hacking group called RansomHub claims to possess 4 terabytes of stolen data from UnitedHealth's subsidiary, Change Healthcare and is demanding a ransom to prevent its release.
RansomHub's Demands and Allegations
This data supposedly includes the personal details and medical records of
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