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

83% of Consumers Would Feel Safer in Hospitals with COVID-19 Contact Tracing Technology, Survey Reveals

by Jasmine Pennic 02/03/2021 Leave a Comment

83% of Consumers Would Feel Safer at Hospitals with Contact Tracing Technology, Survey Reveals

What You Should Know: - According to a new survey conducted by SwipeSense, 83% of consumers would feel safer at hospitals with COVID-19 contact tracing technology. The survey reveals 73% of consumers feel concerned or extremely concerned about hospital safety -- a 46% increase in their concern since the onset of COVID-19.  - Many hospitals still rely on manual contact tracing for COVID-19 despite this strong patient preference and the fact that antiquated manual methods to
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Casana Raises $14M to Expand IoT Heart Health Toilet Seat

by Fred Pennic 02/03/2021 Leave a Comment

Casana Raises $14 Million for In-home Heart Health Monitoring Device

What You Should Know: - Casana raises $14M in Series A funding to pursue FDA clearance for its an IoT heart health toilet seat that captures clinically relevant measurements, including heart rate, blood pressure, blood oxygenation, and cardiac output. Casana, previously known as Heart Health Intelligence, Inc., a healthcare technology firm that is re-inventing in-home health monitoring, today announced that it has raised $14M in Series A funding, bringing the total capital raised to
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Syapse Lands $68M to Expand Global Precision Oncology Data Sharing Network

by Fred Pennic 02/02/2021 Leave a Comment

FDA, Syapse Expand Research to Generate Real-World Data Related to COVID-19 and Cancer

What You Should Know: - Syapse raises 68M in equity investment  led by Ally Bridge Group (ABG), with Northpond Ventures to expand delivery of real-world evidence  through Syapse’s Learning Health Network. - The Syapse Learning Health Network is a global precision oncology data sharing network, improving cancer care across communities by using real-world data to support clinical decisions. Syapse, a San Francisco, CA-based real-world evidence company accelerating the delivery
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HealthTensor Secures $5M to Scale AI-Powered Medical Diagnosis Platform

by Fred Pennic 02/02/2021 Leave a Comment

HealthTensor Secures $5M to Scale AI-Powered Medical Diagnosis Platform

What You Should Know: - HealthTensor, an LA-based startup that uses AI to ensure no medical diagnoses are overlooked, has raised $5 million to scale operations. - To date, HealthTensor has helped physicians write more than 2,000 notes and has identified overlooked medical conditions in 95% of cases. HealthTensor, an LA-based artificial intelligence digital health startup that is creating software to help augment medical decision making, announced today that it has raised a $5 million
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Evaluating COVID-19’s Behavioral Health Impact on the Economy

by Irv Lichtenwald , CEO of Medsphere Systems Corporation 02/02/2021 Leave a Comment

Medsphere CEO Talks Affordable Healthcare IT and Future of EHRs

We’re now in a new year and new presidential administration. At least three companies are producing effective COVID-19 vaccines, which are being administered to healthcare workers, teachers, and the elderly. By summer, hopefully a large majority of the population in most countries will be vaccinated. From where the world now stands, we can see an end to prolonged isolation, trauma, fear, grief, and economic torpor.  But out of the woods, we are not.  The virus mutates, perhaps
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Healthcare Metadata Management: 3 Critical Capabilities to Creating A Unified, Automated Approach

by Amnon Drori, CEO of Octopai 02/01/2021 Leave a Comment

Healthcare Metadata Management: 3 Critical Capabilities to Creating A Unified, Automated Approach

The healthcare industry, like many others, has become a data driven industry collecting data from patients, doctors, labs, and payers that are all crucial to patient healthcare diagnosis and outcome. When it comes to research, data can be useful in creating emerging healthcare technological innovations, pharmaceutical discoveries, as well as other advances in the market but it also is accompanied by strong regulatory compliance, like stringent HIPAA laws, that dictate that this data is kept
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Medsphere Acquires Healthcare Relationship Management Platform Marketware

by Fred Pennic 01/25/2021 Leave a Comment

Medsphere Acquires Healthcare Relationship Management Platform Marketware

What You Should Know: - Medsphere, a provider of affordable clinical IT systems and support services announced it has acqauired healthcare relationship management and analytics company Marketware. Medsphere Systems Corporation today announced the acquisition of Marketware, Inc., a leading developer of robust software tools focused on managing healthcare relationships and analyzing a wide variety of data to augment existing competitive advantage. The Marketware suite supports hospitals
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Intelligent Automation of the Revenue Cycle: How an Integrated Platform Approach Yields Financial Results

by Sean Barrett, Senior Vice President, Product and Digital Transformation, R1 RCM 01/25/2021 Leave a Comment

Intelligent Automation of the Revenue Cycle: How an Integrated Platform Approach Yields Financial Results

Healthcare provider networks are experiencing enormous pressure to manage financial margins and invest in contactless patient experiences. With overall financial losses projected to exceed $323 billion as a result of COVID-19, a projected $200 billion in administrative waste due to revenue cycle inefficiencies, and increasing pressure to meet digital consumerism demands, it is essential for health systems to find ways to streamline processes, maximize their revenue cycles and cut costs. These
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Tyto Care Launches FDA-Cleared Fingertip Pulse Oximeter Medical Device

by Jasmine Pennic 01/20/2021 Leave a Comment

COVID-19 Spikes Deaconess Health Adoption of Remote Medical Exams

What You Should Know: - Tyto Care announces the launch of its fingertip Pulse Oximeter device, allowing users to measure their own blood oxygen saturation level and heart rate from the comfort and safety of home. - Expanding its clinic-quality remote capabilities, TytoCare users will be able to perform a remote blood oxygen exam, allowing clinicians to better monitor patients with COVID-19 and chronic lung or heart conditions.  Tyto Care, a New York City-based all-in-one modular
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Tech-Enabled PBO RxBenefits Reaches $1.1B Valuation After Recapitalization

by Fred Pennic 01/19/2021 Leave a Comment

Tech-Enabled PBO RxBenefits Reaches $1.1B Valuation After Recapitalization

What You Should Know: - Private equity firm Advent International announced that it has completed a recapitalization of RxBenefits, the employee benefits industry’s first and only technology-enabled pharmacy benefits optimizer (PBO). - The transaction values RxBenefits at approximately $1.1 billion. Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announced that it has completed a recapitalization of RxBenefits, the
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