What You Should Know:
- Bridge Connector raises $25.5 million in Series B funding to advance interoperability layer for healthcare organizations as demand for integrated health data intensifies during COVID-19 pandemic.
- The investment will support the growth of Destinations,
the company’s new integration-platform-as-a-service (iPaaS) that connects
health data systems using use-case-based interoperability blueprints to speed
integrations with major vendors.
Bridge Connector,
a
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Health IT
Fighting COVID-19 Pandemic: It Starts With Cleaning Our Devices
The importance of handwashing has never been more obvious than in recent months, but as experts continue to share information on the spread of the virus, there’s a need to disinfect more than just our hands. In healthcare settings where the spread of infectious diseases is not just a possibility, but a likelihood on any given day, healthcare leaders are examining the best methods to clean devices, such as mobile computers.
According to a recent study by the Healthcare Infection Society,
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Analysis: July Health IT M&A Activity; Public Company Performance
– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of July 2020.
While a pandemic ravages the country, technology valuations are soaring. The Nasdaq hit an all-time high during the month of July, sailing through the 10,000 mark to post YTD gains of nearly 20%, representing a 56% increase off the low water mark on March 23. More notably, the Nasdaq has outperformed
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Top 3 Priority Areas for Healthcare CIOs in the Age of COVID-19
What You Should Know:
- In the age of COVID-19, healthcare CIOs cite interoperability,
cybersecurity, and operationalizing SDOH data priorities as top three priority
areas, according to the third annual LexisNexis focus group of CHIME
executives.
- The survey results also highlighted the importance of
a team approach with support across the organization in helping CIOs
achieve the vision of connected healthcare.
The Health Care business of LexisNexis® Risk
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Cohere Health Launches with $10M to Increase Transparency Across Care Journey
What You Should Know:
- Boston-based health IT start-up Cohere Health announced the official launch of its company with a $10 million Series A funding round led by Flare Capital Partners.
- The company’s patient journey-focused platform improves the notoriously difficult prior authorization process and replaces an existing patchwork of legacy, siloed processes, and antiquated technologies that contribute to the enormous administrative burden for physicians and health plans.
- The end
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HGP Semi-Annual Health IT Market Review: 6 Key Trends to Know
Healthcare Growth Partners, an
Investment Banking and Strategic Advisory firm exclusively focused on the
transformational health
IT market, today announced the release of its Semi-Annual Health IT Market
Review report that summarizes M&A and private equity activity across health
IT, health information services, and digital health.
Report Background/Methodology
This edition of the report includes feedback from our survey
of private equity professionals and their response to
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Allscripts, Microsoft Ink 5-Year Partnership to Support Cloud-based Sunrise EHR, Drive Co-Innovation
What You Should Know:
- Allscripts and Microsoft sign a five-year partnership extension to support Allscripts’ cloud-based Sunrise electronic health record and drive co-innovation.
- The alliance will enable Allscripts to harness the power of Microsoft’s platform and tools, including Microsoft Azure, Microsoft Teams, and Power BI, creating a more seamless and highly productive user experience.
Today Allscripts and
Microsoft Corp. announced the
extension of their long-standing
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SwitchPoint Ventures Spins Out AI-Driven Health IT Startup Polaris Health
What You
Should Know:
- SwitchPoint (made up of veteran healthcare leaders with experience at Intermedix/R1 RCM and others) launches a new technology venture, Polaris Health that leverages AI to predict patient demand and create efficient clinician schedules that align with this demand.
- Polaris Health’s solution utilizes
proprietary machine learning algorithms to predict provider demand, distribute clinician resources to meet that
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Give Your EHR a Makeover—Not a Do-Over
EHRs have long been blamed for fueling clinician frustration and burnout. According to a recent study published in the Journal of Informatics in Health and Biomedicine, 70 percent of clinicians reported experiencing stress related to the use of health information technology. In an effort to address those issues, healthcare organizations have spent countless hours and revenue to rip out inefficient clinical systems and replace them with new technologies—yet clinician satisfaction hasn’t
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Black Lives Matter: Health IT Industry, Where Are You?
All lives truly matter. However, the world does not exist in a vacuum void of institutional racism, subconscious, and implicit bias. As a result, every life within America is not valued the same, as is evident by the recent George Floyd murder. When all lives are not treated with the same opportunities and respect, whether in matters of criminal justice, employment, housing, education, health, and healthcare evidence shows the result is that only some lives actually matter. One cannot change the
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