More than three years have passed since the Centers for Medicare & Medicaid Services (CMS) introduced its separately billable non-face-to-face Chronic Care Management (CCM) service. This was intended to help more than two-thirds of individuals on Medicare who suffer from multiple conditions receive more coordinated, regular primary care. The hope was that a focus on managing chronic conditions would contribute to better outcomes for overall population health, improve individual access to
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Acute Care | Health IT | News, Analysis, Insights
KLAS: Allscripts Continues Trend of Sunrise & Paragon Losses in 2018
In terms of EMR purchasing, 2018 was the busiest of the past three years. This energy impacted every market sector, with the US government finalizing contracts, three large health systems changing EMRs, and the small-hospital market continuing to see churn, according to a new KLAS Report.The KLAS annual report, “US Hospital EMR Market Share 2019,” is based on acute care EMR purchasing activity (i.e., executed contracts) that occurred in the United States from January 1–December 31, 2018. KLAS
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Global Medical Billing Outsourcing Market to Reach $19.7B by 2026
The global medical billing outsourcing market size is projected to reach USD 19.7 billion by 2026 expanding at a compound annual growth rate (CAGR) of 11.8%, according to a Grand View research report. The report reveals that revenue cycle management (RCM) is one of the most complex components of healthcare IT business driven by challenges in rising healthcare costs, market consolidation, an explosion in clinical documentation, and value-based care initiatives.Key Market Drivers for Global
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Why 2018 May Have Been A High-Water Mark for Digital Health Funding
Notwithstanding the quite significant stock market turmoil for publicly traded healthcare companies in recent months, the level of private investment activity continued to be quite strong this past quarter. According to Rock Health, 1Q19 registered just under $1.0 billion of investments made in 61 healthcare technology companies, which while below the trailing two year quarterly average of $1.4 billion, still suggests an annual investment pace running toward $4.0 billion. StartUp Health, which
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Plum Healthcare, Netsmart Partner to Develop Integrated Care Solutions for Senior Living
Plum Healthcare Group, a skilled nursing provider has inked a 10-year strategic partnership with health IT company Netsmart to develop integrated care solutions to enhance care delivery for senior living. This joint innovation-based partnership between a technology partner and a senior living provider will be a key component to support Plum as it expands into new service lines and offerings across more than 50 facilities throughout California and Nevada.Plum Healthcare/Netsmart Partnership
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EMV Capital Acquires Predictive Adverse Events Platform Wanda
EMV Capital, a London-based early-stage venture investor announced the acquisition and investment in Wanda Inc., a San Francisco-based digital health startup commercializing advanced clinical decision support software powered by machine learning and real-time patient data analysis. EMV Capital’s investment will enable Wanda to accelerate its growth in the North American market, as well as to enter the UK and European markets.Wanda Inc. BackgroundWanda Founded in 2011 from the results of eight
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TytoCare’s On-Demand Medical Exam Kit Is Exclusively Available at Best Buy
TytoCare, an Israeli-based telehealth company is teaming up with Best Buy to make it easier and more convenient for customers to receive healthcare. Tyto Care’s TytoHome is now available exclusively on BestBuy.com for all customers and in select Minnesota Best Buy stores, with in-store availability coming soon in North Dakota, South Dakota, California, and Ohio.TytoHome: How It WorksTytoHome, available for $299.99, is a handheld examination device with attachments that can examine the heart,
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PointClickCare Launches New iOS Mobile App for Senior Living
PointClickCare, a cloud-based software vendor for the long-term and post-acute care (LTPAC) and senior living sectors has launched a new mobile app, PointClickCare Companion. The new mobile app leverages the powerful design possibilities of iOS to change the way senior living providers track and manage the delivery and documentation of care services, medication, and billing.Financial Stress of Senior Living ProvidersSenior living providers have been under increasing financial stress over the
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Cerner, naviHealth to Launch Medicare BPCI Advanced Offering
Cerner and naviHealth, a provider of post-acute management has announced an expanded relationship with plans to create a new offering for the Medicare’s Bundled Payments for Care Improvement Advanced program (BPCI Advanced). After working together for five years to streamline electronic workflows for post-acute discharge, Cerner and naviHealth anticipate launching the new value-based care offering to support BPCI Advanced, with an initial focus on the next CMS launch of the program in January
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PointClickCare Acquires Senior Living EHR & eMAR Vendor QuickMAR
PointClickCare Technologies, a cloud-based EHR for long-term post-acute care (LTPAC) and senior living industries has acquired QuickMAR, an eMAR & EHR for long-term care, group homes and assisted living facilities. The combination of two leading organizations will offer senior living customers and pharmacy partners greater flexibility in how they adopt and scale their resident care strategies while working through a single technology vendor.Founded in 2007, QuickMAR is an EHR and eMAR
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