In COVID-19’s wake, providers’ financial recovery will be crucial yet daunting. U.S. hospitals and health systems stand to collectively lose $36.6 billion between March and June 2020 alone. Physician practices also face serious financial challenges as they recoup revenues that declined up to 55 percent and patient volume that decreased 60 percent.
Amid these hardships, telehealth has emerged as a widely accepted vehicle for care delivery – providing a way for healthcare organizations to
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Health Systems| Integrated Delivery Network (IDN) | News, Analysis, Insights - HIT Consultant
Patientco’s IVR Integration Joins Epic App Orchard, Selected by Baptist Memorial Health Care
Patientco, a
next-generation patient payment technology company, today announced that its
Interactive Voice Response (IVR) integration is now available in the Epic App
Orchard marketplace and has been selected by Memphis, Tenn.-based Baptist
Memorial Health Care.
As providers have cited a surge in patient calls resulting
from COVID-19
and billing concerns, Baptist Memorial wanted to lift the burden from its revenue cycle
management (RCM) team while also improving patient service and the
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Designing A Digital Experience to Drive Revenue and Patient Engagement
With the rise of healthcare consumerism, people are looking to hospitals, health systems, and physician practices to deliver the same user-friendly, digital experiences they receive from other industries. A recent survey found that more than 80% of consumers surveyed believe “shopping for healthcare should be as easy as shopping for other common services.” Specifically, they want streamlined access points online where they can shop for and purchase healthcare, easily make appointments,
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Innovaccer Launches Perioperative Optimization Platform for Surgeons
What You Should Know:
- Innovaccer launches a perioperative
optimization solution for surgeons to realize clinical and financial goals with
patient-risk analysis.
- The solution redefines surgical planning and
post-surgical recovery with machine learning-based patient stratification for
optimized surgery experience and personalized patient care management.
Innovaccer, Inc., a San Francisco, CA-based healthcare technology company, recently launched its perioperative optimization
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CancerIQ Raises $5M to Expand Genetic Cancer Risk Assessment Platform
What You Should Know:
- CancerIQ raises $5M in Series A funding led by HealthXVentures to accelerate the growth of its genetic cancer risk assessment platform to identify and manage patients at high risk of cancer.
- CancerIQ’s technology enables hospitals to use genomics
to personalize the prevention and early detection of cancer.
- Two new hires recently joined CancerIQ’s newly formed
Integrated Products team from Epic, with the goal of advancing CancerIQ’s
integration with leading
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Cerner Launches AI-Powered Command Center Dashboard for COVID-19 Response
What You Should Know:
- Cerner launches a new Command Center dashboard to help organizations visualize and optimize operations in a centralized location by leveraging real-time data and predictive analytics to provide situational awareness and decision support during COVID-19.
- Powered by AI and predictive models, helps organizations align patient needs, staffing, and resources to improve care and operational efficiency.
Healthcare IT leader Cerner recently launched a new tool to
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To Combat COVID-19, Philips Launches Rapid Equipment Deployment Kits
What You Should Know:
- Philips today announced the launch of its Rapid
Equipment Deployment Kits, which provide doctors with critical care patient
monitoring solutions they can quickly implement in the ICU. The Rapid Equipment
Deployment Kits use advanced patient monitoring technology to enable care teams
to swiftly scale up critical care capabilities within just a few hours, and
help hospitals meet on-demand access during these pressing times of COVID-19.
- Arriving at hospitals
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Providence Acquires MEDITECH Consulting Firm Navin, Haffty & Associates
What You Should Know:
- Providence acquires MEDITECH Consulting Firm Navin,
Haffy & Associates to combine with Engage IT Services to become a leading
solutions and services provider for the healthcare industry.
- The two firms are part of Providence Services Group (PSG), a family of top-tier healthcare technology services firms, brought together by Providence Health System, as part of Providence's broader ongoing strategy to launch an independent solutions and
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Envisioning a 5G-Powered Retail-Healthcare Hub
If you’ve been to a big-brand grocery or department store recently, you probably noticed some form of healthcare outlet – or maybe you didn’t. These in-store pharmacies and clinics have become so omnipresent, right there next to the diapers, dog food, and green beans, that unless you use them, you may not notice them at all.
This convergence of healthcare and retail has been happening for a few years and represents one of the fastest-growing corners of the healthcare market. In fact, retail
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Lumeon Lands $30M to Expand Care Pathway Management Platform
What You Should Know:
- Lumeon, the leader in care pathway orchestration
announced it has raised $30M in Series D funding to extend the reach of its
Care Pathway Management (CPM) platform.
- The platform empowers providers to improve care
quality, deliver better outcomes, reduce costs, and ultimately develop and
scale new models of care delivery – particularly important right now as
COVID-19 accelerates the technology-driven transformation of healthcare.
Lumeon, a Boston,
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