What You Should Know:
Operational and financial pressures drove mergers and acquisitions in the healthcare sector in Q1 2023, according to a new report from Kaufman Hall. In total, there were 15 announced transactions in Q1 resulting in $12.4 billion in total transacted revenue.The trend of fewer but larger transactions that characterized 2022 was maintained—the average size of the seller or smaller party in Q1 was $827 million, just below last year’s historic year-end average of
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Behavioral Health | News, Analysis, Insights - HIT Consultant
MedArrive Secures $8M to Expand At-Home Care
What You Should Know:
- MedArrive, a Mobile-integrated care management platform company today announced $8M in new funding led by Cobalt Ventures, a wholly owned subsidiary of Blue Cross and Blue Shield of Kansas City (Blue KC). The investment follows MedArrive’s $25 million series A round in November 2021 and brings the company’s total funding to $40.5M to date
- MedArrive plans to use the new investment to expand its payer relationships, build out its team and
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Audio-Only Telehealth Remains Common at Safety Net Clinics, Study Finds
What You Should Know:
Audio-only telehealth visits for both primary care and mental health services remained common at safety net clinics in California since the start of the COVID-19 pandemic, according to a new RAND Corporation study.
The RAND study published in the Journal of the American Medical Association found that in August 2022 audio-only visits still accounted for 1 in 5 primary care visits and 2 in 5 behavioral health visits among people who received care at Federally
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KLAS: Epic Leads in Functionality Adoption for FQHCs
What You Should Know:
Federally qualified health centers (FQHCs) hold a significant and distinct place in US healthcare by providing low-cost, government-subsidized care to undererved populations. Due to FQHCs’ integrated care model and government ties, it is harder for these organizations to find comprehensive EMR and PM solutions that meet all care setting needs and are also reasonably priced.A new report by KLAS is the first look at HIT vendors who deliver needed functionality and
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Value-Based Administration Enables All VBC Network Stakeholders to Benefit
Despite holding the promise of delivering superior patient outcomes while lowering healthcare costs, many providers remain reluctant to embrace value-based care (VBC) reimbursement models. Progress toward VBC adoption hasn’t achieved its potential yet, hovering around 60% of all payment models from 2018 to 2021, with the remaining 40% comprised of traditional fee for service (FFS).
Though some providers simply are hesitant to abandon the FFS model that has served them well, others are leery
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Catholic Care Center to Deploy Medsphere’s Wellsoft EHR and RCM Cloud Solutions
What You Should Know:
- Medsphere Systems Corporation announced that Catholic Care Center of Bel Aire, Kansas, a Wichita suburb, will open a new senior behavioral health hospital with the company’s Wellsoft electronic health record (EHR) and RCM Cloud revenue cycle management solutions.
- Medsphere’s Wellsoft EHR solution supports comprehensive care across behavioral health, urgent, and emergency care environments. The company’s RCM Cloud solution is
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Rethinking Behavioral Health Support in the ED: 3 Keys for Innovation
About one out of five Americans with serious illness struggled to access care during the pandemic, and rates were significantly higher among disadvantaged populations, a 2022 study found. Now, as mental health-related visits in emergency departments (EDs) continue to rise, healthcare professionals must consider: “How can we create better behavioral health supports for people in crisis?”
It's a question that has significant implications for quality of care as well as cost.
The High Cost of
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17 Execs Share How Health IT Can Address Clinician Burnout, Staffing, & Capacity
Clinician shortage has reached a new level of urgency as we face rising demand and healthcare costs, according to a recent Accenture report. Healthcare workers are increasingly burned out and leaving the industry altogether in droves. Those who remain to do the work are overburdened. We ask seventeen healthcare IT executives for their insights on how health IT solutions could potentially help address clinician burnout, clinician staffing shortages, and deal with capacity.
Staffing levels
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AHN/RHS Partner with Unite Us to Support Integrated Behavioral Health and Social Care
What You Should Know:
- Unite Us is partnering with Advance Health Network IPA and Recovery Health Solutions IPA (AHN/RHS), behavioral health independent physician association's (IPAs) operating in affiliation and comprised of 47 behavioral health and human service organizations serving the New York City and Long Island communities, to advance the integration and coordination of care for individuals with both behavioral health and social needs.
- Through this relationship, AHN/RHS
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Sana, Little Otter Partner to Give Adolescent Members and Their Families Access to Mental Healthcare
What You Should Know:
- Sana, a healthcare company that provides Fortune 500-level health benefits to small businesses at affordable prices, today announced a partnership with Little Otter, a digital mental health solution for children and their families.
- Both Little Otter and Sana are aligned in their goal to provide comprehensive, high-quality mental healthcare to their members and their families. By investing more in primary care and enabling access to more low-cost,
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