What You Should Know: - Today, Innovaccer Inc., the Health Cloud company, announced that it has joined the CARIN Alliance (CARIN), a multisector collaborative working to rapidly advance the consumer-directed exchange of health information to improve the interoperability of healthcare data. - Innovaccer will participate as a member of the multisector alliance to advance healthcare data sharing, enabling consumers, patients, and caregivers easier access to health
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Healthcare APIs | Healthcare Data Integration |News, Analysis, Insights - HIT Consultant
Turquoise Health Integrates Price Transparency Data with Ribbon Health
What You Should Know: - Ribbon Health, an API data platform for the healthcare industry that powers care decisions, and Turquoise Health, a provider of structured data on the cost of care to make pricing data both transparent and accessible to patients, announced an integration partnership. - By integrating Turquoise Health's price transparency data into the Ribbon Health platform, healthcare companies will be able to effectively navigate patients to cost-effective and high-quality
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Capital Rx Raises $106M to End Drug Price Distortion
What You Should Know: - Capital Rx, a health technology company changing the way prescription drugs are priced and patients are serviced raises $106M in a Series C round to end drug price distortion. The Series C round was led by B Capital with participation from General Catalyst and existing investors, Transformation Capital and Edison Partners, bringing the total amount raised to $175M. - Capital Rx will continue to invest in the technology backbone for claims processing and benefit
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Elation Health and Dock Health Partner Optimize Clinical Operations
What You Should Know: - Primary care EHR provider Elation Health and provider workflow management platform provider Dock Health announced an integration to significantly improve task management for already burnt-out providers. - More than 23,000 clinicians across Elation’s growing community can now fully leverage Dock for managing administrative tasks that complete healthcare faster, decreasing the administrative burden and empowering physicians with greater time for
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Why Health Plans Must Have Next-Gen CAPS Technology for Digital Transformation
Core Administrative Processing Systems (CAPS) operate as the brains behind a health plan’s business. These systems are critical to the smooth functioning of a health plan. Today, many payers run on decades-old CAPS systems built on legacy technologies. This can be a serious drawback. Legacy systems may have been efficient based on the technology and best practices of decades past, but have aged beyond their time. They often require an increasing number of workarounds and fixes to try to
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Turquoise Health Raises $20M for Healthcare Pricing Platform, Launches Direct Contracting Platform
What You Should Know: - Turquoise Health, an end-to-end healthcare pricing platform, today announced a $20M Series A investment led by existing investor Andreessen Horowitz (a16z), with participation from Bessemer, Box Group, and new investor Tiger Global. - Turquoise Health will use the funding to continue making transparent pricing ubiquitous for all healthcare stakeholders: payers, providers, and patients. Direct Contracting Platform In anticipation of July payer rates
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3 Predictions for Post-COVID Clinical Trial Decentralization
Prior to COVID, major technological transformation initiatives were already underway at many clinical trial sites, sponsors, and contract research organizations (CROs.) But the move to decentralized trials accelerated dramatically in 2020 and 2021–and it’s not slowing down. Survey data from WCG Avoca shows that research sites and sponsors expect 89% of clinical trials to qualify as a hybrid, with a mix of decentralized technology and in-person visits. But what will these
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NexHealth Nabs $125M for End-to-End Patient Experience Platform
What You Should Know: Today, NexHealth announced its $125M Series C funding, bringing the company’s valuation to $1B for its patient experience platform. - The funding will support the company in advancing its mission to create a more streamlined doctor and patient experience while building the seamless technological infrastructure needed for future health tech entrepreneurs to innovate upon. NexHealth, a San Francisco, CA-based patient experience management platform
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HonorHealth Deploys Loyal’s Symptom Checker to Improve Patient Triage/Experience
What You Should Know: - Phoenix-based HonorHealth has deployed Loyal’s Symptom Checker chatbot solution to assist with patient intake and triage. Symptom Checker leverages machine learning and natural language processing (NLP) to identify which clinical symptoms may be affecting patients – with the ability to handle multiple health conditions and access a clinical database of over 1,200 symptoms, 660+ conditions and 130+ risk
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Cynerio Discovers Vulnerabilities to Remotely Control Hospital Robots
What You Should Know: - Cynerio, a provider of healthcare IoT security solutions, announced the discovery, exploitation, and disclosure of five zero-day vulnerabilities collectively known as JekyllBot:5, that affect commonly used robots found in hundreds of hospitals worldwide. - Vulnerabilities found in Aethon Tug hospital robots could allow attackers to circumvent security and remotely surveil and interact with patients, obstruct medication distribution, and disrupt day-to-day hospital
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