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Health Systems| Integrated Delivery Network (IDN) | News, Analysis, Insights - HIT Consultant

CVS Health in Talks to Acquire Signify Health

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

Signify Health Shares Soar More Than 33% in IPO, Valuing Company at Over $7.12B

What You Should Know: - Signify Health is exploring strategic alternatives including a sale, according to a Wall Street Journal report. Initial bids are due this coming week. Additional companies are also in acquisition discussions with Signfiy Health, and CVS could face competition from other managed-care providers and private-equity firms. - The potential Signify acquisition has a market value of around $4.7 B after its shares rose on the news of a potential sale. Leveraging
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GHX Launches Lumere Consulting Services for Clinically Integrated Supply Chain

by Jasmine Pennic 08/08/2022 Leave a Comment

GHX Launches Lumere Consulting Services for Clinically Integrated Supply Chain

What You Should Know: - GHX Lumere announced the launch of its consulting service to support healthcare providers that want to optimize savings and reduce clinical variation. - This premium service combines clinical expertise, data, evidence and technology to help hospitals and health systems improve supply chain performance.  Lumere Consulting Services Offering As hospital operating margins continue to lag, many organizations are looking to achieve savings through
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Homeward Raises $50M, Inks Value-Based Contract with Priority Health

by Syed Hamza Sohail 08/04/2022 Leave a Comment

Homeward Raises $50M, Inks Value-Based Contract with Priority Health

What You Should Know: - Homeward raises $50M Series B funding round co-led by ARCH Venture Partners and Human Capital. - The funding round also includes participation from General Catalyst, which led Homeward’s Series A funding, and Lee Shapiro and Glen Tullman, Co-Founders of 7wireVentures, one of the country’s most successful early-stage healthcare venture funds. Value-Based and Comprehensive Care Americans living in rural communities are experiencing increasing health disparities
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Adventist HealthCare to Deploy Innovaccer Health Cloud for Value-Based Whole-Person Care

by Fred Pennic 08/03/2022 Leave a Comment

Adventist HealthCare to Deploy Innovaccer Health Cloud for Value-Based Whole-Person Care

What You Should Know:  -  Adventist HealthCare has selected Innovaccer Inc., the Health Cloud company to be their next-generation population health management and value-based care partner.  - Innovaccer will help Advent HealthCare create a unified data platform to help deliver deeper insights into community health and network operations.  Supporting Value-Based Whole-Person Care One of the longest-serving health systems in the Washington, D.C. region, and one of
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H1 & Lokavant Partner to Power Next-Gen Clinical Trials

by Syed Hamza Sohail 08/03/2022 Leave a Comment

H1 & Lokavant Partner to Power Next-Gen Clinical Trials

What You Should Know: - H1and Lokavant today announced an extensive data-and-analytics collaboration to bring enhanced automated intelligence to drug development - As part of the bi-directional partnership, Lokavant will provide performance data on global trial sites and principal investigators from thousands of studies to supplement H1’s existing Trial Landscape clinical trial repository.  Integrating Clinical Trial Data Sources to Intelligence Platforms Lokavant is a clinical
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A Hybrid, Technology-Driven Approach to Overcome Coding and RCM Staff Shortages

by Cheryl Cruver, Chief Revenue Officer, AGS Health 08/03/2022 Leave a Comment

A Hybrid, Technology-Driven Approach to Overcome Coding and RCM Staff Shortages

Exacerbated by pandemic-induced burnout, resignations, and even terminations1, chronic coding and revenue cycle management (RCM) staffing shortages have healthcare organizations struggling to find ways to keep revenue flowing despite a lack of qualified professionals to handle critical processes. It is a situation that has been brewing for years, as too few qualified professionals are entering professions that are expanding more rapidly than ever before. According to the American Hospital
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Hospital Margins are Still in the Red Halfway Through 2022

by Fred Pennic 08/01/2022 Leave a Comment

Hospital Margins are Still in the Red Halfway Through 2022

What You Should Know: - U.S. hospitals, health systems, and physician practices continue to face historically high operating expenses that increased patient volumes and revenues could not counteract, leading to negative margins for the sixth straight month in 2022, according to data from Kaufman Hall’s National Hospital Flash Report and Physician Flash Report. - The median Kaufman Hall year-to-date operating margin index for hospitals was -0.09% through June, for a sixth
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Syapse Raises $35M to Expand Learning Health Network

by Jasmine Pennic 07/27/2022 Leave a Comment

Syapse Raises $35M to Expand Learning Health Network

What You Should Know: - Syapse raises $35M led by an affiliate of Innovatus Capital Partners, LLC (Innovatus)to tackle the challenge of understanding, preventing, and treating complex cancers. - The investment will allow Syapse to expand its artificial intelligence and machine learning capabilities, making it more efficient to uncover meaningful insights from real-world oncology data.   Syapse, a San Francisco, CA-based real-world evidence company accelerating the
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RLDatix Acquires Galen Healthcare Solutions

by Fred Pennic 07/26/2022 Leave a Comment

RLDatix Acquires Galen Healthcare Solutions

What You Should Know: - RLDatix, the international leader in governance, risk and compliance (GRC) solutions for healthcare, announced today the acquisition of Galen Healthcare Solutions (Galen), the market leader in implementation, optimization, data migration and archival solutions for HIT systems. - The Galen acquisition will enable RLDatix to help organizations meet regulatory requirements for data retention while also ensuring continuity of care for patients throughout their
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Impact of Applying Law of Small Numbers to the Telehealth Industry & Why Its Unsustainable

by Sanjula Jain, PhD., Chief Research Officer, Trilliant Health 07/25/2022 Leave a Comment

Impact of Applying Law of Small Numbers to the Telehealth Industry & Why Its Unsustainable

Driven by headlines and incomplete, misleading data that favor a telehealth narrative, health systems and healthcare investors must start asking "who" is actually supporting waning demand. The healthcare industry is no stranger to the 80/20 rule. The principle says 80% of an effect is driven by 20% of a cause, and in healthcare, it usually refers to there being a specific cohort of the population (e.g., the chronically ill) driving the majority of care utilization and costs. More recently,
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