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HP Launches EMR-Integrated Print Solutions to Digitize Point of Care Workflows

by Fred Pennic 10/14/2020 Leave a Comment

HP Launches EMR-Integrated Print Solutions to Digitize Point of Care Workflows

What You Should Know: - HP launches patient-first print technologies to help healthcare workers stay safe and spend more time caring for patients. - Innovations co-developed with healthcare professionals include industry’s first sterilizable printers, exclusive EMR-compliant workflow solutions, and services to improve patient safety and privacy. Today, HP Inc. officially launched new print solutions for the healthcare industry. Based on deep customer insights and co-developed with
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WellSky Acquires CarePort Health from Allscripts for $1.35B

by Jasmine Pennic 10/14/2020 Leave a Comment

WellSky Acquires CarePort Health from Allscripts for $1.35B

What You Should Know: - Health technology leader WellSky has agreed to acquire CarePort Health to power coordinated care transitions for acute and post-acute care patients for $1.35B. - By providing end-to-end visibility across the continuum, WellSky and CarePort can improve outcomes, lower costs, and increase patient satisfaction. WellSky, a global health, and community care technology company, announced today that it has entered into a definitive agreement with Allscripts to
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HealthStream Acquires Nurse Scheduling Solution ShiftWizard for $32M

by Fred Pennic 10/12/2020 Leave a Comment

HealthStream Acquires Nurse Scheduling Solution ShiftWizard for $32M

What You Should Know: - HealthStream acquires ShiftWizard, a SaaS-based nurse scheduling software saves your hospital time & money with an innovative scheduling solution and mobile app made by nurses, for nurses. - HealthStream acquired ShiftWizard, Inc. for approximately $32.0 million in cash, subject to working capital and other customary purchase price adjustments. HealthStream today announced that it has acquired ShiftWizard, Inc., a Raleigh, North Carolina-based company
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NVIDIA Develops AI Model to Accurately Predict Oxygen Needs for COVID-19 Patients

by Fred Pennic 10/05/2020 Leave a Comment

NVIDIA Develops AI Model to Accurately Predict Oxygen Needs for COVID-19 Patients

What You Should Know: - NVIDIA and Massachusetts General Brigham Hospital researchers develop an AI model that determines whether a person showing up in the emergency room with COVID-19 symptoms will need supplemental oxygen hours or even days after an initial exam. - The ultimate goal of this model is to predict the likelihood that a person showing up in the emergency room will need supplemental oxygen, which can aid physicians in determining the appropriate level of care for patients,
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Value-Based Reimbursement Contracts Now Account for 26% of Hospital Revenue, KLAS Finds

by Fred Pennic 10/02/2020 Leave a Comment

Value-Based Reimbursement Contracts Now Account for 26% of Hospital Revenue, KLAS Finds

What You Should Know: - Value-based reimbursement (VBR) contracts now account for 26% of hospital revenue, according to a new report from KLAS research and CHIME. - Report reveals providers are looking first to their electronic health record (EHR) systems to drive PHM, and are most interested in investing in new healthcare information technology (HIT) when they know there is a clear ROI.  With value-based reimbursement (VBR) adoption slowing, healthcare providers are searching
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CloudMD Acquires Digital Patient Engagement Platform iMD Health Global for $10M

by Fred Pennic 09/16/2020 Leave a Comment

CloudMD Acquires Digital Patient Engagement Platform iMD Health Global for $10M

What You Should Know: - CloudMD announces it will acquire digital patient engagement platform iMD Health Global for $10M - The integration of iMD’s educational platform will enable CloudMD to provide its entire network of over 3000 healthcare practitioners, specialists, and allied health professionals and almost 3 million patients with valuable educational resources on healthcare issues, treatments, and preventative solutions. CloudMD Software & Services Inc., a Vancouver,
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Canadian Telehealth Startup OnCall Health Lands $6M for Virtual Care Platform

by Jasmine Pennic 09/15/2020 Leave a Comment

Canadian Telehealth Startup OnCall Health Lands $6M for Virtual Care Platform

What You Should Know: - OnCall Health Raises $6M Series A to Enable Virtual Care Programs for Healthcare Brands - Funding will be used by OnCall Health to expand its reach and build out its software that enables healthcare brands, systems, and startups to launch and scale their telehealth operations. - OnCall enables healthcare enterprises to rapidly launch their own virtual care platform that is highly configurable to their brand and workflow. OnCall Health, a Toronto, CA-based
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TruePill Raises $75M to Launch At-Home Lab Testing Network

by Fred Pennic 09/09/2020 Leave a Comment

TruePill Raises $75M to Launch At-Home Lab Testing Network

What You Should Know: - Truepill raises $75 million in Series C funding To expand platform services and launch an at-home lab diagnostics network. - The company plans to use the funds to expand Truepill’s ecosystem of direct-to-patient capabilities, which includes the Truepill Health telehealth network, pharmacy fulfillment, a custom-built EMR, and more. Truepill, a San Mateo, CA-based building world-class patient experiences through its API-connected healthcare infrastructure,
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Why International Expansion Must Remain a Priority for Cerner, Epic, Allscripts, MEDITECH

by Arun Gill, Senior Analyst at Signify Research 08/24/2020 Leave a Comment

Why International Expansion Must Remain a Priority for Cerner, Epic, Allscripts, MEDITECH

What You Should Know: - How the top US acute EHR vendors, namely Cerner, Epic, Allscripts, and MEDITECH (+85% share of US acute market in terms of revenues), have progressed on international expansion. As highlighted below, there is a significant variance amongst the big four in terms of revenue and share of business outside the US. Cerner has by far the highest revenue at more than $650M in 2019, representing 12% of its business. Whilst MEDITECH has considerably lower revenue than
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Memorial Health Deploys Chatbots to Virtualize Waiting Room Experience

by Fred Pennic 08/14/2020 Leave a Comment

What You Should Know: - Memorial Health System selects LifeLink Conversational AI technology to virtualize the waiting room experience for patients - Mobile chatbots to automate intake for telehealth and in-person visits, while maintaining COVID-19 social distancing and safety protocols. Memorial Health System , a community-based, not-for-profit corporation serving the people and communities of central Illinois through five hospitals has selected LifeLink to deploy advanced
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