Venture Capital, Private Equity Funding Maven Clinic Secures $90M to Advance End-to-End Family Care Platform Maven Clinic, the largest virtual clinic in women’s and family health raises $90 million Series E funding bringing its total funding to $300M. Maven plans to use the latest round of funding to advance its end-to-end family care platform to enable deeper personalization to meet the diverse needs of women and families everywhere. Curavit Raises $5M for Digital Therapeutics
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Cerner Corporation | Health IT News, Analysis, Insights - HIT Consultant
HLTH 22: Cerner & Labcorp Partner to Manage Hospital Labs in 10 States
What You Should Know: - Oracle Cerner and Labcorp have formed a new relationship to streamline lab operations for one of the nation’s leading nonprofit Catholic health systems. Labcorp purchased select assets of the health system’s outreach laboratory business and will manage its hospital-based laboratories in 10 states. - Cerner’s laboratory information system (LIS) will help Labcorp centralize operations and streamline processes within the
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Digital Fax Solutions Alleviate Administrative Burden and Reduce Costs
At the LeadingAge Illinois 2022 Annual Meeting, Elizabeth McLaren, VP of Reimbursement and Community-Based Services, along with Steven Wermuth, MPA at Strategic Health Care, presented their analysis on the top billing mistakes. What did they find? Within long-term care providers, 8-10% of Medicare Advantage claims were denied. Shockingly, the 10% denial rate impacted revenue by $200 million! They also found that 80% of denied claims are due to missing or incorrect information used during intake
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Bridge The Health Literacy Gap for Your Patients With These Top Tips
According to the National Assessment of Adult Health Literacy, only 12% of adults in the U.S. have proficient health literacy skills. Healthcare is a unique industry because it is wide-ranging yet highly personalized. Health literacy is important for patients, physicians and their communities. Each of these groups comes together to improve health systems and patient care, which is why mutual understanding and clear communication is vital to patient outcomes. Below, we discuss recommendations
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KLAS Report Explores EHR Satisfaction by Provider Specialty
What You Should Know: - One of the ways organizations can target improvements for those who are less satisfied is to look at EHR satisfaction by specialty—there is currently a gap of about 30 points between the most satisfied specialty (hospital medicine) and the least satisfied specialty (ophthalmology). - The goal of this new report from the KLAS Arch Collaborative, "Exploring EHR Satisfaction by Provider Specialty," is to help readers understand this variation and learn some ways the
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Freenome Launches Multi-Cancer Detection Study Pairing Multiomics with Real-World Data
What You Should Know: - Freenome, a privately held biotech company, today announced the launch of the Sanderson Study, the company’s latest study of its multiomics platform, in combination with real-world data to detect multiple cancers. - The study will encompass both traditional and real-world data to generate evidence of clinical validation for certain high- and elevated-risk populations while also refining the platform’s cancer classification and risk prediction models. In addition,
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Castlight + Vera Appoints New CEO; Rebrands as Apree Health
What You Should Know: - Vera Whole Health, Inc. and Castlight Health, Inc. appoints former Cerner President Donald Trigg as chief executive officer (CEO) - In addition, the companies have rebranded as apree health that will be combine Castlight’s healthcare navigation platform with Vera’s advanced primary care solutions to improve patient outcomes and transform the healthcare industry. Donald Trigg Background Donald Trigg most recently served as president of
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Hazelden Betty Ford Taps Oracle Cerner and Xealth to Simplify Access to Addiction Treatment
What You Should Know: - The Hazelden Betty Ford Foundation is simplifying the distribution of addiction treatment and recovery support content with the Oracle Cerner EHR and Xealth’s digital therapeutic distribution platform - The new system makes it easier for Hazelden Betty Ford clinicians to provide patients with digital content as a key part of their treatment and recovery process, including therapeutic education, exercises, and
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Analysis: 2022 Semi-Annual Health IT Market Review
Executive Summary Act III of COVID: Navigating the Crosscurrents of Post-Inflation 2022 ushered in Act III of the market’s latest transitionary period: The Post-Inflation Era. Since 2008, the US economy functioned with remarkably low inflation and interest rates. As the cost of capital went lower and lower during the decade, valuations steadily rose. Between 2010 and 2020, the NASDAQ experienced a 17.1% annual growth rate, with no small share of the growth a result of expanding valuation
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HPG Acquires HIT Consulting Services Provider HDS
What You Should Know: - Healthcare Performance Group, Inc. (HPG) acquires Health Data Specialists, LLC (HDS), a healthcare IT consulting firm with expertise in Epic, Siemens, and Cerner platforms serving more than 300 hospitals and health systems. - The HPG consulting team includes IT and informatics experts as well as nurses, pharmacists, lab technicians, radiology experts, certified revenue cycle professionals, medical executives, program managers and project managers. These backgrounds
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