MTBC, a provider of cloud-based healthcare IT and revenue cycle management solutions has entered into an Asset Purchase Agreement ("APA") to acquire substantially all of the revenue cycle, practice management, and group purchasing organization assets of Orion Healthcorp, Inc. and 13 of its affiliate companies (together "Orion"), as the primary bidder in a Section 363 sale under the U.S. Bankruptcy Code. After the acquisition is closed, management expects the transaction would increase MTBC's
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Electronic Health Records (EHRs) | Electronic Medical Records (EMRs) | News, Analysis, Insights - HIT Consultant
Elliot Management Makes $6.5B Unsolicited Bid to Acquire athenahealth
athenahealth has received an unsolicited proposal from Elliott Management to acquire the Company for $160 per share in cash that could be worth about $7 billion, including debt, CNBC first reports.In a letter sent to athenahealth’s management, the activist firm stated, “It is clear to us and becoming clear to many others that Athenahealth’s potential will never be realized without the kind of operational change that the company seems unable to deliver.” The letter also states that Elliot
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Capital Region Medical Center to Implement Cerner EHR and Revenue Cycle Solution
Capital Region Medical Center (CRMC) has selected Cerner, a global leader in health care technology, to implement an integrated electronic health record (EHR) and revenue cycle management solutions to support improved health outcomes and optimized revenue functions. University of Missouri (MU) Health Care will extend its Cerner Millennium® domain to CRMC. As an affiliate of MU Health Care since 1997, the domain extension to CRMC will further the health system’s well-established collaboration
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DrChrono and Cliniconex Integrate to Provide Enhanced Mobile EHR Experience to Urgent Care Practices
DrChrono Inc., the company enabling the medical practice of the future, today announced a partnership with Cliniconex to bring more modern and mobile benefits to urgent care practices. The Cliniconex and DrChrono integration provides an enhanced mobile EHR experience for urgent care practices.Cliniconex easily integrates with DrChrono’s cloud-based EHR platform and daily workflow processes. Cliniconex’s automated patient communication, and reporting software not only streamlines pre and
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EMR Workflow Optimization: The Lynchpin to Ameliorating Physician Burnout
Healthcare have been transformed over the last decade as electronic medical records have been rolled out across America. Unfortunately, information technology has not yet fulfilled its immense promise. To a great extent, this is because most EMRs were designed primarily as giant billing systems. They were not conceived as patient care systems, and efforts to use them for patient care have been compromised by issues of usability and efficiency. Of equal concern have been the effects on morale
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Trinity Health Moves to Epic for Single Integrated EHR & Rev Cycle Platform
Michigan-based provider Trinity Health has announced it has selected Epic for a single, enterprise-wide electronic health record (EHR) and revenue cycle management platform. The Epic integrated system will enable the health system to improve experiences for patients and clinicians.Trinity Health's fully integrated health record will improve the care experience across the entire system by providing a single, comprehensive health record for each person.For patients and consumers, it will provide
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Why We Are at the Crossroads of the Next Healthcare Disruption
At a moment when consumer technology giants Apple, Amazon and Google are poised to put heavy footprints on the healthcare technology environment, new reports of patient dissatisfaction with current hospital EHR solutions seem to be paving the way. This confluence of developments may be the perfect setting for the next major disruption in our industry, a scenario that many hospital leaders, physicians and health tech vendors won’t relish. But many consumers will, especially those under 40. Here’s
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4 Ways Hospitals Should Approach Buying Healthcare IT Systems Today
I’m proud to lead a group of intelligent and energetic technology professionals committed to developing a robust healthcare IT system that is (1) easy for clinicians to use, (2) improves patient health and (3) doesn’t bankrupt hospital budgets. We think any sustainable system must have those three key requirements.And how is healthcare doing thus far?The EHRs available today are developing rapidly. Vendors are making frequent and impactful improvements to improve system usability. Clinicians are
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62% of Hospitals are Not Using Patient Information Outside Their EHRs
As nearly every U.S. hospital has an electronic health record system installed, sixty-two percent of¬¬ hospitals aren't using patient information outside their EHRs in Q1 2018, according to a new survey conducted by Black Book Market Research. The report reveals hospitals are still struggling with exchanging patient health records with other healthcare providers, particularly physicians not on the same EHR platform. In fact, twenty-four percent say they are still unable to use much meaningful
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Why The VA Should Stick with VistA EHR
At the end of last month, President Trump dismissed VA Secretary David Shulkin, MD, following weeks of speculation that he would do just that. In Shulkin’s place, Trump nominated his personal White House physician, Rear Admiral Ronny Jackson, a physician who’s never managed a large healthcare organization.Shulkin’s dismissal left unsigned the contract with Cerner to replace the VA’s venerable VistA healthcare IT platform. It’s not that the Cerner deal is really threatened without Shulkin—VA
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