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

Conversa Health Expands Series B to $20M with Additional $8M in Funding

by Jasmine Pennic 01/19/2021 Leave a Comment

Backed by Northwell, Conversa Health Raises $12M for AI-Powered Chatbots

What You Should Know:  - Conversa Health raises an additional $8M, expanding its Series B round to $20M for its automated virtual care platform, totaling $34M in funding to date. - The Series B round, first announced at $12 million in June, was co-led by Builders VC and Northwell Ventures, the corporate venture arm of Northwell Health, New York’s largest healthcare provider with 23 hospitals and 800 outpatient facilities. - Founded in 2014, Conversa enables health systems
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Transitioning from Traditional to E-Fax: How Healthcare Communications are Transforming Post-COVID

by Michael Morgan, President of Updox 01/15/2021 Leave a Comment

Telehealth After COVID-19: What's Next for the Healthcare Industry?

The majority of industries have decreased or eliminated their use of the traditional fax machine over the past decade, including aviation, retail, and even finance. While the healthcare industry is at the forefront of disease research and treatment, however, it is still heavily reliant on this aging technology.  Traditional fax has become ubiquitous in healthcare. It worked for health systems for many years, but the overwhelming volume of patient data and paper documents the healthcare
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Healthcare PE Firm Heritage Group Launches $300M Health Tech Fund

by Fred Pennic 01/14/2021 Leave a Comment

Heritage Group

What You Should Know: - Healthcare private equity firm Heritage Group launches a $300M fund to invest in high-growth healthcare services and technology companies. - Heritage is backed by some of the leading healthcare organizations in the nation, including large provider systems, payers, and healthcare service providers. Heritage Group, a Nashville, TN-based healthcare-focused private equity firm, today announced the closing of over $300 million in its oversubscribed third fund, an
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How COVID-19 Reshaped Healthcare Consumerism & 4 Key Trends to Know for 2021

by Fred Pennic 01/13/2021 Leave a Comment

How-COVID-19-Reshaped-Healthcare-Consumerism-4-Key-Trends-to-Know-for-2021

What You Should Know: - NRC Health today released its 2021 Healthcare Consumer Trends Report, which surveyed 2 million healthcare consumers against the backdrop of the ongoing coronavirus pandemic. - The latest report highlights the major trends that came to light last year, and how they will continue to impact the healthcare industry in 2021 and beyond - from declining brand loyalty, increased care deferment, the fast adoption of telehealth, a rise in wearable tech, and a broader focus
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NeuroFlow Secures $20M for Tech-Enabled Behavioral Health Integration Platform

by Fred Pennic 01/13/2021 Leave a Comment

NeuroFlow Secures $20M for Tech-Enabled Behavioral Health Integration Platform

What You Should Know: - NeuroFlow raises $20M to expand its technology-enabled behavioral health integration platform, led by Magellan Health. - NeuroFlow’s suite of HIPAA-compliant, cloud-based tools simplify remote patient monitoring, enable risk stratification, and facilitate collaborative care. With NeuroFlow, health care organizations can finally bridge the gap between mental and physical health in order to improve outcomes and reduce the cost of care. NeuroFlow, a
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Why Hospitals Should Act Now to Create Clinical AI Departments

by John Frownfelter, MD, FACP, Chief Medical Information Officer at Jvion 01/13/2021 Leave a Comment

Why Hospitals Should Act Now to Create Clinical AI Departments

A century ago, X-rays transformed medicine forever. For the first time, doctors could see inside the human body, without invasive surgeries. The technology was so revolutionary that in the last 100 years, radiology departments have become a staple of modern hospitals, routinely used across medical disciplines. Today, new technology is once again radically reshaping medicine: artificial intelligence (AI). Like the X-ray before it, AI gives clinicians the ability to see the unseen and has
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Shields Health Solutions, ExceleraRx Announce Specialty Pharmacy Merger – M&A

by Jasmine Pennic 01/12/2021 Leave a Comment

Shields Health Solutions, ExceleraRx Announce Specialty Pharmacy Merger – M&A

What You Should Know: - Shields Health Solutions and Excelera announce a major specialty pharmacy merger that will form a combined company that consults with 700+ hospitals in 43 states, including Mass General Brigham, Yale New Haven, Intermountain Healthcare and Henry Ford. - The network of hospitals is designed to improve patient care through an infrastructure that helps with things like acquiring prior authorization for specialty drugs and staying adherent to them. It can also lower
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Central Logic Acquires Acuity Link for Intelligent Transport Capabilities – M&A

by Fred Pennic 01/12/2021 Leave a Comment

Central Logic Acquires Acuity Link for Intelligent Transport Capabilities – M&A

What You Should Know: - Central Logic acquires Acuity Link to power the company’s Intelligent Transport capabilities, speeding time to care in the best setting. - In addition, the company rolls out a new interoperable Bed Visibility capability that offers a real-time snapshot into available beds across the enterprise for improved access and enhanced revenue capture. Central Logic, a St. Paul, MN-based healthcare access and orchestration company, has acquired Acuity Link, a
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Net Health Acquires Post-Acute Analytics Platform PointRight – M&A

by Fred Pennic 01/12/2021 Leave a Comment

Net Health Acquires Post-Acute Analytics Platform PointRight – M&A

What You Should Know: -  Net Health acquires post-acute market analytics platform PointRight to deepen the company’s analytics capabilities, post-acute presence, and support for SNF networks. Net Health, a provider of cloud-based software for specialty medical providers across the continuum of care, today announced that it has acquired PointRight Inc., a leading provider of analytics and data-driven tools for the post-acute market. The acquisition adds to Net Health’s expanding
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Transforming Care Delivery Through AI-Powered Predictive Surveillance

by John Langton, PhD Director of Applied Data Science, Wolters Kluwer, Health 01/11/2021 Leave a Comment

Transforming care delivery through AI-powered predictive surveillance

Since the onset of the COVID-19 pandemic, hospitals and health systems have pushed forward with innovative technology solutions with great expediency and proficiency. Healthcare organizations were quick to launch telehealth solutions and advance digital health to maintain critical patient relationships and ensure continuity of care. Behind the scenes, hospitals and health systems have been equally adept at advancing technology solutions to support and enhance clinical care delivery. This
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