What You Should Know: - Particle Health, a New York-based API platform for advanced healthcare data exchange, , today announced its Series B financing of $25 million led by Canvas Ventures with participation from Menlo Ventures, Story Ventures, and Pruven Capital. The financing brings the organization’s total capital raised to $39.3M. - From a healthcare infrastructure perspective, the company is leading the industry in applying the next-generation FHIR data format to make interoperability
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APIs in Healthcare
At-Home Testing Is The Future, But Lab APIs Are Stuck In The Past
The rise of telemedicine and virtual care options have primed at-home testing to make a significant impact on the future of healthcare. 70% of today’s medical decisions depend on laboratory test results, but lagging lab APIs hinder the widespread launch of remote diagnostics. Since the start of the COVID-19 pandemic, there has been a major increase in telemedicine usage, including a 154% increase in telehealth visits during the last week of March 2020 alone. Both patients and doctors
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An Inside Look at Payer Compliance with CMS’ Patient Access API Rule
The healthcare industry is now closer than ever to its quest for true interoperable data exchange. July 1, 2021 was the enforcement date for the Centers for Medicare and Medicaid Services (CMS) Interoperability and Patient Access final rule. The rule requires that all healthcare payer organizations participating in a CMS program allow members to download and share their data using API’s (Application Programming Interface). This
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Ribbon Health Raises $43.5M for Healthcare API Data Platform
What You Should Know: - Ribbon Health, an API data platform that powers high-quality, cost-effective, and convenient care decisions, announced a $43.5 million Series B investment led by General Catalyst and with participation from new and current investors, including Andreessen Horowitz (a16z), BoxGroup, Rock Health, and Sachin Jain. - Ribbon plans to use this funding to prioritize team expansion and technology investments to build a best-in-class data platform to simplify
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Skyflow Secures $45M to Expand Health Data Privacy Vault – HLTH21
What You Should Know: - Skyflow, a Palo Alto, CA-based customer data privacy company, today announced a $45M Series B financing round led by Insight Partners. Additionally, existing investors Canvas Ventures and Foundation Capital as well as executives from Plaid and Coinbase Board Member Gokul Rajaram invested in the Series B. With this new investment, Skyflow has raised over $70M over the last 18 months, and is positioned for rapid growth. - Skyflow delivers a zero-trust data
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Healthcare APIs: 3 Ways APIs Differ in Healthcare vs. Enterprise
The recent enforcement of new rules to encourage the freer flow of healthcare data mainly through application programming interfaces (APIs) has jolted providers and payers into action to meet interoperability standards. However, the rush to comply with the new requirements and avoid penalties may blind them to the subtleties and complexities of healthcare contexts as well as the significant differences between building APIs in this space versus for enterprises. As major investments in
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Particle Health Expands Beta Program API to Consumer Digital Health Providers – Enabling Instant Access to Patient Records
What You Should Know: - Particle Health announces the launch of its Beta Program that will enable consumer applications such as PHRs and other providers instant access to patient records stored across health exchanges - using its single API. - The Beta Program is aimed at helping developers deliver next-gen healthcare solutions that have now been enabled with the recent passing of the Anti-Information Blocking Rule in the CURES Act. - Now the Anti-Information Blocking Rule is in
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Traditional RESTful APIs Will Not Solve Healthcare’s Biggest Interoperability Problems
Interoperability is a big discussion in health care, with
new regulations requiring interoperability for patient data. Most approaches
follow the typical RESTful API approach that has become the standard method for
data exchange. Yet Health Level Seven (HL7), with its new Fast Healthcare Interoperability
Resources (FHIR) standard for the electronic transfer of health data, is
leading to a rash of implementations that, to date, are not solving core interoperability
issues. Data is still
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Open APIs in Healthcare: The Future of Data Integration Report
What You Should Know: - The latest Chilmark Research report examines how data-oriented APIs are contributing to development and integration efforts across healthcare from the perspective of the developer. - Reeling from the impact of the COVID-19 pandemic and
seeking more effective ways to implement new functionality, healthcare
enterprises of all kinds are looking to alternatives for prevailing development
and integration practices. Unlocking value
from the data scattered across
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MDPortals Taps Health Gorilla APIs to Power Clinical Data Insights
- MDPortals adopts Health Gorilla APIs to bring proprietary care insights to providers from a vast network of clinical systems. - MDPortals will leverage Health Gorilla’s Patient360 API to retrieve clinical records from thousands of care sites across the country, augmenting MDPortals existing connections to health information exchanges and patient portals. Health Gorilla, a leader in clinical data
APIs, and MDPortals, a leading
clinical insights company, announced today a partnership to
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