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

Fitbit Unveils FDA-Approved Low-Cost Emergency Ventilator to Address COVID-19 Pandemic

by Jasmine Pennic 06/03/2020 Leave a Comment

Fitbit Unveils FDA-Aprpoved Low-Cost Emergency Ventilator to Address COVID-19 Pandemic

What You Should Know: - Today, Fitbit announced that it has received emergency use authorization (EUA) from the FDA for a new emergency ventilator named Fitbit Flow to help respond to the COVID-19 global health crisis.  - Fitbit plans to make the design available via open-source software to promote further collaboration and reach more people across the globe.   - Fitbit’s R&D, engineering and design teams worked quickly to apply their collective expertise in advanced sensor
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R1 Acquires Cerner RevWorks to Extend Revenue Cycle Capabilities

by Fred Pennic 06/03/2020 Leave a Comment

R1 Acquires Cerner RevWorks to Extend Revenue Cycle Capabilities

R1 RCM Inc., a provider of technology-enabled revenue cycle management services to healthcare providers, today announced that it will acquire Cerner RevWorks services business and commercial, non-federal client relationships. R1’s electronic health record-agnostic revenue cycle platform seamlessly complements a healthcare organization’s infrastructure, quickly driving transformative improvements to net patient revenue and cash flows while reducing operating costs. Integration
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OurCrowd Launches $100M Pandemic Innovation Fund to Invest in Companies on Front Lines of COVID-19

by Fred Pennic 06/02/2020 Leave a Comment

OurCrowd Launches $100M Pandemic Fund to Target Solutions for COVID-19

What You Should Know: - Israeli venture capital platform OurCrowd launches $100M Pandemic Fund to invest in companies on the front lines of COVID-19. - The fund plans to raise $100M to invest in 15-20 companies focused on prevention & containment, treatment & healing, and community & disruption mitigation technology solutions to combat current and future pandemic. OurCrowd, a Jerusalem, Israel-based crowdfunded-venture investment platform, today announced the launch of
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PE Firm Rubicon Technology Partners Acquires Central Logic – M&A

by Fred Pennic 06/02/2020 Leave a Comment

PE Firm Rubicon Technology Partners Acquires Central Logic to Accelerate Growth

What You Should Know: - Private equity firm Rubicon Technology Partners acquires Central Logic, a provider of patient orchestration and tools to accelerate access to care for healthcare organizations. - Rubicon will be aggressively driving Central Logic’s growth with additional cash investments into the business, with a focus on product innovation, sales expansion, delivery and customer support, and the pursuit of acquisition opportunities. Rubicon Technology Partners, a Boulder,
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Picking Up the Pace: Healthcare’s Evolution to Social Media

by Rik Silva, Client Services Director for HGS Digital 06/01/2020 Leave a Comment

Picking Up the Pace: Healthcare’s Evolution to Social Media

Take a look at the social media feeds of your favorite store or restaurant. For B2C brands, social media is, undoubtedly, a “where-it’s-at” customer service platform as much for networking or advertising as for engaging consumers with a personality and story that captures new customers and builds affinity. Now, imagine this same social care experience from your healthcare payer or provider. Why is this such an unlikely scenario? Undoubtedly, healthcare has room to grow in providing
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Telehealth Could Be The Solution for a Pandemic, But Are We Too Late?

by Juan Pablo Segura, President and Co-founder of Babyscripts 05/29/2020 Leave a Comment

Digital Health - Is It Worth It? How to Calculate ROI in Digital Health

In the past several months, Novel Coronavirus 2019 (COVID-19) has risen from humble beginnings in a Wuhan farmer’s market to international status: dominating the news cycle, exhausting the world’s hand sanitizer resources, and generally monopolizing the mental real estate of the developed world.   As new cases continue to be identified in the U.S., politicians are giving coronavirus the attention it deserves, responding to initial accusations of inadequacy with proposals for funding and
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Syapse Lands $30M to Accelerate Real-World Evidence in Oncology

by Fred Pennic 05/28/2020 Leave a Comment

Syapse Lands $30M to Accelerate Real-World Evidence in Oncology

What You Should Know: - Syapse raises $30M in new equity funding to enable healthcare providers to deliver the best care to every cancer patient through precision medicine. - Syapse partners with health systems, life sciences companies, and regulators to deliver clinical, programmatic, and research insights from the world’s largest network of health systems focused on precision medicine. Syapse, a San Francisco, CA-based provider of precision oncology solutions announced $30
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Giving ‘Voice’ to Healthcare: The $3.5 Billion Opportunity

by Kali Durgampudi, Chief Technology, Innovation Officer at Greenway Health 05/28/2020 Leave a Comment

Voice in Healthcare: The $3.5 Billion Opportunity

Whether it's asking Siri for directions to the nearest coffee shop or commanding Alexa to turn on the lights, using voice assistants has become part of daily routines. More than one-third of the U.S. population relies on these tools to make their lives easier, and they’re being embraced by more than just millennials; use among seniors, children, and teens is also on the rise.  But the home and smartphone aren’t the only domains for voice assistants. Businesses of all types – from
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Premier & 15 Health Systems Acquires Minority Stake in PPE Company to Address Shortage from COVID-19

by Fred Pennic 05/27/2020 Leave a Comment

Premier & 15 Health Systems Acquire Minority Stake in PPE Company to Address Shortage from COVID-19

What You Should Know: - Premier and 15 of its members acquired a minority stake in Prestige Ameritech, the nation’s largest domestic producer of face masks, as well as other personal protective equipment (PPE) to address shortage due to COVID-19 pandemic. - The minority stake represents a long-term strategy to invest in or partner with PPE suppliers that source from multiple regions as well as domestic markets to help ensure that a greater proportion of healthcare products are
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Applying Social Determinants of Health to Improve Care Coordination

by Allie Freed, Consultant, Freed Associates 05/26/2020 Leave a Comment

Applying Social Determinants to Improve Care Coordination

In today’s era of value-based care, providers must focus more than ever on ensuring that patients get the care they need, when they need it, across the entire care continuum, including in non-traditional health care settings. This is important not only as it relates to patient outcomes, but also to providers’ bottom lines. However, when patients lack access to basic care-centric needs like proper housing, food, transportation, and a support system, they’re unable to get the right type of care
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