What You Should Know: This week, The Healthcare Information and Management Systems Society (HIMSS) responded to a Request for Information (RFI) from the Office of the Assistant Secretary of Health on the HHS Initiative to Strengthen Primary Healthcare. The letter submitted on 8/1 calls for improved healthcare access, equity and outcomes to the US Department of Health and Human Services (HHS) Office of the Assistant Secretary for Health (OASH). - The OASH requested input from
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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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RxLive Raises $5M for Population Health Telepharmacy Solutions
What You Should Know: - RxLive, a provider of population health pharmacy solutions, today announced a $5 million Series A funding round led by SpringTide with participation by Cardinal Health. RxLive has raised a total of $8 million to date. - As value-based pharmacy care models expand beyond the retail pharmacy setting RxLive will use the funding to expand its engineering, analytics, and sales and marketing teams, with particular investment in the continuous improvement of its AI and the
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The Twin Toll of Peripheral Artery Disease and Diabetes on Minority Communities
Diabetes is one of the most common chronic diseases in the United States, with more than 34 million individuals living with the condition. It’s hard enough to manage this condition on a daily basis — and it gets even harder with the realization that diabetes doesn’t just exist in isolation. A diabetes diagnosis immediately triggers a domino effect of higher risks for other conditions and complications, including kidney damage, eye damage, neuropathy, and cardiovascular
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Breaking Down the Implications of New No Surprises Act Regulations
The importance of the No Surprises Act (NSA) cannot be overstated, as surprise medical bills have long been burdensome for patients in the U.S. healthcare system. In fact, more than half of all U.S. consumers have received an unexpectedly large medical bills. The purpose of the No Surprises Act is to prevent surprise out-of-network bills, often for emergency services. For example, if your appendix bursts while at work, you would be rushed to the nearest hospital for an emergency
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The Critical Shift in ASC EHR Adoption: Overcoming Barriers
Extraordinary advances in technology have opened up previously unthinkable possibilities for the healthcare industry and improvements in patient care. Electronic health records (EHRs) are one of many health IT advancements in recent years, and they prove to have a significant impact on both providers and patients alike. While an EHR optimizes workflow efficiencies for providers, it also enables a more comprehensive view of a patient’s health. By pulling together data points and health
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Health Gorilla Raises $50M to Expand FHIR-Native Health Interoperability Platform
What You Should Know: - Health Gorilla raises $50 million in Series C funding to securely enable the exchange of actionable and aggregated clinical data. - The new investment will accelerate Health Gorilla's mission to connect everyone, everywhere, with actionable health data. Health Gorilla, a Sunnyvale, CA-based health interoperability platform, today announced it has raised $50M in Series C funding led by SignalFire with participation from Epsilon Health Investors, IA Capital, and
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Amino Launches its Healthcare Guidance Platform in Spanish
What You Should Know: - Amino, the leading employer-sponsored healthcare guidance platform, is adding Spanish Language capabilities and Mental Health providers. This will allow employees to easily find in-network mental health providers in either English or Spanish. - By guiding members to top mental health providers, Amino expands and accelerates access to high-quality, cost-effective mental health services, which can be difficult to find. From insurance details to locating providers,
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Biden Announces Deal With Merck, Johnson & Johnson to Boost COVID-19 Vaccine Production
What You Should Know: - President Biden’s administration today announced a historic manufacturing deal between Merck and Johnson & Johnson (J&J), to expand production of J&J’s COVID-19 vaccine. The collaboration will increase manufacture of vaccine drug substance, as well as its fill-finish capacity – two of the biggest bottlenecks facing J&J in the production of its vaccine. - In addition, the U.S. Department of Health and Human Services (HHS) will collaborate with Merck
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Escalating Cyberattacks on Healthcare Organizations Highlight Need for Security Interventions
Healthcare organizations have faced continual stress from heavy COVID-19 caseloads in 2020. Cyberattacks on their information networks also loomed as a serious threat, and the pressure to protect data is expected to grow this year, as more criminals target healthcare providers. Protecting patient data from unauthorized access has long been a regulatory prerequisite for healthcare organizations. But increasingly, cybercriminals see profit potential in attacking and crippling their networks,
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