Up until now, risk adjustment has been addressed as a mechanism to accurately represent the overall risk profile of a health plan’s membership. A function that will still facilitate a health plan’s payment for taking on at-risk populations is about to go through its first major transformation – the use of risk adjustment data to drive value-based program initiatives. Now that the functional aspects
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FHIR - Health Data Interoperability | News, Analysis, Insights - HIT Consultant
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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HIMSS22 Day 2 Roundup: Google Partners with MEDITECH, Microsoft’s Health Cloud Strategy Expansions
Mergers & Acquisitions (M&A) Activity OptimizeRx Acquires EvinceMed, a Specialty Drug Prescription Initiation Platform OptimizeRx, a provider of point-of-care technology solutions helping patients start and stay on therapy announced a definitive agreement to acquire the EvinceMed platform and related assets. EvinceMed is a provider in delivering end-to-end automation for specialty pharmaceutical transactions. The acquisition includes the full Market Access Management Platform
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MEDITECH and Google Health Partner to Embed Search & Summarization in Expanse EHR
What You Should Know: Today at HIMSS22, MEDITECH announced a new collaboration with Google Health that will embed Google’s search and summarization capabilities within the Expanse EHR. - This functionality builds upon the integrated, longitudinal record inherent in Expanse by pulling forward discrete information from legacy and disparate systems and filling gaps in information for a more holistic view of a patient's record. Rich Longitudinal Health Record to Enable Care Teams to
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Microsoft Expands Healthcare Cloud Strategy with New Solutions
Microsoft Expands Healthcare Cloud Strategy with New Solutions What You Should Know: Today at HIMSS22, Microsoft announced advancements in cloud technologies for healthcare and life sciences with the general availability of Azure Health Data Services and updates to Microsoft Cloud for Healthcare. Azure Health Data Services Azure Health Data Services is purpose-built for protected health information (PHI) and brings together diverse datasets — like clinical, imaging and streaming data
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InterSystems Launches HealthShare Health Connect Cloud
What You Should Know: - InterSystems, a creative data technology provider dedicated to helping customers solve the most critical scalability, interoperability, and speed problems, today announced the official release of InterSystems HealthShare® Health Connect Cloud, a new platform-as-a-service (PaaS). - The PaaS streamlines interoperability and data integration between clinical systems and applications while managing the entire infrastructure. With guaranteed delivery, reliability, and
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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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Patient Data & Decentralized Web: The Key To A Healthier Future?
Interoperable data and IT systems in healthcare has long been an enigma - many have tried to tackle the challenge, but until now very little has changed. A truly interconnected network that brings together the infinite number of siloed systems used in healthcare services around the world, and even within the same county, has remained elusive. And so too has patient access to their own data. Considered by some as two distinct problems, however in reality the answer to both is the same: web 3.0
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FHIR: The Three S’s of Fast Healthcare Interoperability Resources
We are in a potential Health Renaissance and innovating at break-neck speed. However, with that acceleration as always, comes risk. We have to be careful with our data. That's why the Fast Healthcare Interoperability Resources (FHIR) standard was established. It's a bit ironic, but the reason why FHIR is needed is that the industry itself is red hot! FHIR is a data transfer protocol that's designed to help developers provide information safely, securely, and efficiently. It's the
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ConsenSys Health Acquires FHIRBlocks to Enable Control of Their Confidential Health Data
What You Should Know: ConsenSys Health, a Las Vegas-based provider delivering next-generation infrastructure for healthcare and life sciences, today agreed to acquire FHIRBlocks, an innovative developer of advanced solutions to support self-sovereign patient-directed fine-grained sharing of their protected personal health information. - The acquisition includes the transfer of FHIRBlocks’ technological and other IP, as well as key executives and staff, business activities, and
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