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

M&A: Bain Capital Acquires Majority Stake in LeanTaaS

by Fred Pennic 06/06/2022 Leave a Comment

LeenTaaS Secures $130M for ML Platform to Help Hospitals Achieve Operational Excellence

What You Should Know: - Private equity firm Bain Capital has acquired a majority stake in the company in LeanTaaS, a leading provider of cloud software solutions for optimizing hospital operations and capacity management that will enable LeanTaaS to accelerate its rapid growth trajectory. - LeanTaaS’ cloud-based iQueue solutions help hospitals transform their approach to care delivery and improve capital and scarce resource decision-making by optimizing the utilization of
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LumaPay Launches for Patients to Pay Med Bills in An SMS Text

by Jasmine Pennic 06/06/2022 Leave a Comment

LumaPay Launches for Patients to Pay Med Bills in An SMS Text

What You Should Know: - Luma Health today announced the launch of LumaPay, a new service for healthcare systems that provides patients a better and more transparent financial journey. - LumaPay™ lets patients pay bills from anywhere via text as the inaugural module of LumaFinancial, which provides better, simpler, and more transparent financial journeys Offering Patients an Easy to Pay Their Bills LumaPay enables healthcare organizations to offer patients an easy, text-first way to
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Rural Provider Homeward Forms In-Market Partnership with Rite Aid to Support Seniors in Underserved Communities

by Jasmine Pennic 06/02/2022 Leave a Comment

Rural Provider Homeward Forms In-Market Partnership with Rite Aid to Support Seniors in Underserved Communities

What You Should Know: - Homeward, the comprehensive rural care provider network launched by former Livongo titan, Dr. Jenny Schneider, has announced a partnership with Rite Aid to deliver onsite care to rural Americans, starting with Medicare. - Homeward’s work with Rite Aid will also support the pharmacy retailer’s recently announced plans to double-down on pharmacy services, with increased focus on expansion in underserved communities. This is also Rite Aid’s first push to bring real
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4 Patient Flow Challenges Contributing to Provider Burnout

by Ben Sawyer, VP of Market Development at ABOUT 06/02/2022 Leave a Comment

Patient Flow Challenges Contributing to Provider Burnout

There has been frequent reporting about the problem of provider workforce shortages within hospitals and health systems and the related burnout experienced when working in high-stress situations during the COVID-19 pandemic. There are pre-existing and contributing patient flow challenges that have been exacerbated by the pandemic, which can lead to burnout, and therefore are worth discussing. Exposing the Problem The extent of provider burnout over the course of the pandemic is well
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Is It Finally Time for Hospital-at-Home or is Time Up?

by Karen Conway, VP of Healthcare Value, Global Healthcare Exchange (GHX) 05/31/2022 Leave a Comment

Is It Finally Time for Hospital-at-Home or is Time Up?

All the signs point to a bright and expansive future for hospital-at-home programs, which have been growing steadily since the Centers for Medicare and Medicaid (CMS) created the Acute Hospital at Home waiver program in November 2020. As of March, nearly 100 health systems and more than 200 hospitals in 34 states had been approved for the program. Meanwhile, Forrester predicts the number of hospitals delivering acute care at home will triple in 2022. The reasons why are compelling: a study
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Buried Under Dirt or Under Debt: Can Patients Survive the Struggle of Getting Care?

by Srulik Dvorsky, TailorMed CEO and Founder 05/25/2022 Leave a Comment

BURIED UNDER DIRT OR UNDER DEBT: Can Patients Survive the Struggle of Getting Care?

New patients at a cancer center in Michigan receive a 79-page handbook when their treatments commence. The handbook includes needed advice on what to eat and the side effects of chemotherapy drugs. One double-sided page features information about how to navigate the financial aspects of cancer treatment, including who to contact for help with medical bills.  For Leslie Vreeland-Corpe of Michigan, one double-sided page couldn’t contain all the information she needed. After being diagnosed
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How Patient Movement Benefits from Standardized Acuity Scoring

by Dr. Martin Sellberg, Co-Founder of Motient 05/24/2022 Leave a Comment

How Patient Movement Benefits from Standardized Acuity Scoring

Nurses and providers typically assess patient acuity and volume at the beginning of their shift, whether formally or informally. Managers use patient acuity to balance nursing assignments, and nursing staff uses it to determine which patient care action should be prioritized next. Taking a standardized approach to acuity assessments not only provides more objectivity, but also gives hospitals the data they need to make a variety of tactical and strategic decisions, from daily unit staffing to
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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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Cerner Collaboration to Increase Access to Cancer Clinical Trials

by Strategic Partnerships 05/19/2022 Leave a Comment

Ochsner Health and Pfizer to Develop Innovative Models for Clinical Trials

What You Should Know: - Cerner, Elligo Health Research® and Freenome are collaborating to enable a clinical trial through the Learning Health Network to help advance early cancer detection. - Together they will be using the research-activated network of health systems, real-world data (RWD) and multiomics technology, developed by Freenome, with the goal to help accelerate early cancer detection. Importance of Early Cancer Detection Early
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Nearly 60% of Hospitals and Health Systems Have More Than 100 Job Vacancies

by Surveys, Research Reports 05/19/2022 Leave a Comment

What You Should Know: - More than 57 percent of health systems and hospitals have more than 100 open roles to fill across their operations, according to new AKASA survey where more than 400 healthcare finance leaders identified vacancies across their healthcare organizations and the revenue cycle. - The findings reveal how insufficient staffing is hampering daily operations and pushing a strained workforce to the limit. Combating Vacancies with AI-Powered Automation Additionally, one
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