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Health IT

Michigan Health Information Network Taps PointClickCare to Expand Its Network Throughout Michigan

by Syed Hamza Sohail 09/19/2022 Leave a Comment

Michigan Health Information Network Taps PointClickCare to Expand Its Network Throughout Michigan

What You Should Know: - The Michigan Health Information Network (MiHIN), the nonprofit state-wide health information network, recently announced that it is partnering with PointClickCare Technologies, the largest post-acute electronic medical record vendor in the country, to advance and deepen healthcare collaboration, care coordination, and interoperability by offering access to real‐time insights at any stage of a patient’s journey. - Although Michigan has experienced
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7 Health IT Industry Outlook Report Trends to Watch in 2022

by Syed Hamza Sohail 09/14/2022 Leave a Comment

7 Health IT Industry Outlook Report Trends to Watch in 2022

What You Should Know: - As COVID-19 accelerated demand for more advanced digital health and patient engagement technologies, hospital and health system IT departments shouldered these expectations – rolling out new capabilities in record time, while still balancing daily operational support responsibilities. Now, IT staff burnout has escalated into major career jumps, with many hospital IT departments struggling to fill talent gaps from high turnover. - Utilizing flexible staffing
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Techstars Relaunches Healthcare Accelerator in Los Angeles

by Fred Pennic 09/07/2022 Leave a Comment

Techstars Relaunches Healthcare Accelerator in Los Angeles

What You Should Know: - Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs announces today the relaunch of Techstars Healthcare sponsored by Cedars-Sinai, Point32Health, UCI Health, and UnitedHealthcare. - The consortium-led accelerator program will be based in Los Angeles and select 12 high-growth startups to participate in its intensive 13-week program. Startups will receive capital,
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ONC and HRSA Launches USCDI+ Initiative to Support UDS Modernization

by Fred Pennic 08/29/2022 Leave a Comment

ONC and HRSA Launches USCDI+ Initiative to Support UDS Modernization

What You Should Know: - ONC and HRSA launches a new USCDI+ collaboration to support HRSA’s Uniform Data System (UDS) reporting through the UDS Modernization Initiative. - Last October ONC announced USCDI+, an initiative to support the identification and establishment of domain or program-specific datasets that will operate as extensions to the existing USCDI. In particular, ONC envisioned USCDI+ as a service that ONC would provide to federal partners who have a
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Healthcare & Life Science M&A Activity Plummets 1H’22

by Syed Hamza Sohail 08/05/2022 Leave a Comment

Healthcare & Life Science M&A Activity Plummets 1H’22

What You Should Know: - The index of Healthcare & Life Science equities tracked by Stout was down 16.8% in Q2 2022, which was in line with the S&P 500 decline of 16.4%. - Healthcare & Life Science M&A activity plummeted to 338 deals in Q2 2022 versus 535 in Q2 2021 and a record 565 deals in Q4 2021. The report reveals credit markets likely to tighten, but a healthy level of M&A is expected to continue in the growing and defensive healthcare sector. Key Trends and
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Analysis: 2022 Semi-Annual Health IT Market Review

by Healthcare Growth Partners 07/29/2022 Leave a Comment

HGP Releases its July 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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Analysis: Is Oracle Cerner Planning to Build A National EHR?

by Alex Green, Director at Signify Research 06/24/2022 Leave a Comment

Analysis: Oracle Cerner’s Plans for a National EHR

Earlier this month Oracle closed its $28.3B acquisition of Cerner and shortly after Oracle founder and CTO, Larry Ellison, outlined Oracle’s vision for Healthcare IT post-acquisition. The key elements of this vision included:   - Developing a solution for a national EHR database.  - Leveraging this solution, and similar smaller-scale connected EHR initiatives, to provide life science, pharma and other users with a rich environment for research, clinical trials and drug
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Healthcare Interoperability Has Arrived: 3 Ways to Harness the Potential

by Shawna Koch Mishael, Global Head of Healthcare, Quantori 06/09/2022 Leave a Comment

Healthcare Interoperability Has Arrived: 3 Ways to Harness the Potential

This year’s HIMSS Conference offered some exciting insights and a renewed focus on data-sharing and interoperability. While the healthcare industry has been extolling the virtues of data interoperability for years until recently it has remained one of the biggest obstacles to providing quality healthcare today. Yet, the tides are turning. New government regulations, like the Centers for Medicare & Medicaid Services’ interoperability rules and the Fast Healthcare Interoperability Resources
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Aledade Raises $123M to Expand Value-Based Primary Care

by Jasmine Pennic 06/06/2022 Leave a Comment

Aledade Raises $64M for Value-Based Care Network of Physician-Led ACOs

What You Should Know: - Aledade, a Bethesda, MD-based provider of value-based primary care raises $123M in Series E funding to support investments in value-based care for more seniors covered by Medicare Advantage (MA) and innovation that improves patient care and increases medical cost savings, including expanded offerings through its new health services subsidiary, Aledade Care Solutions (ACS). Returning investor OMERS Growth Equity led the round, which also included Fidelity Management
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Hospital Telehealth Vendor Financials Round Up – Teladoc Health, Amwell & SOC Telemed

by Arun Gill, Senior Analyst at Signify Research 05/20/2022 Leave a Comment

Hospital Telehealth Vendor Financials Round Up – Teladoc Health, Amwell & SOC Telemed

Several hospital telehealth vendors enjoyed great success in 2020 as they benefitted from unprecedented demand for their IT and services during the pandemic. But as lockdown restrictions were lifted and the strain on hospitals’ in-house capacity across the ICU and other acute care wards eased into the second half of 2021, were the vendors able to maintain their growth? With full-year results from several of the leading hospital telehealth vendors now published, here’s our take on the recently
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