Blue Heron Capital, a growth private equity (PE) firm based in Richmond, Virginia has announced its investment in a Series A round of funding in ChartSpan, the largest healthcare managed service provider of chronic care management. The firm is part of a five-investor syndicate.Impact of Chronic Conditions on Patient Health OutcomesAn alarming 75% of Americans over the age of 65 live with multiple chronic conditions that require ongoing medical attention and often impact their ability to live
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Health Systems| Integrated Delivery Network (IDN) | News, Analysis, Insights - HIT Consultant
Report: Health Systems Are Struggling to Simplify Patient Billing & RCM Processes
Today’s health systems are prioritizing patient financial experiences, yet many still struggle to simplify patient billing and align it with revenue cycle management (RCM), according to an in-depth study, commissioned by patient payment and engagement platform Cedar and conducted by The Health Management Academy (The Academy). The Cedar and Academy study examined practices at 20 of the top 100 U.S. health systems including qualitative and quantitative analyses of 23 senior executives
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Research: Half of Hospital Leaders Plan to Invest in AI by 2021
Half of hospital leaders plan to invest in artificial intelligence (AI) and robotic process automation (RPA) solutions by 2021, according to a new study conducted by Olive AI that reveals AI adoption healthcare is still in its infancy. The study explores how hospital leaders are responding to the imperative to drive efficiency and reduce costs through strategic investments in non-clinical technologies. Conducted in partnership with Sage Growth Partners, the survey respondents included 115
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Interoperability: Why Health Systems Need to Integrate Their Digital Stack
Several years ago, Thomas Friedman, the best-selling New York Times columnist, began pointing out how application programming interfaces (APIs) and the resultant connectivity was enabling one-touch consumer engagement with a broad range of services. We now take it for granted that we can call a car service from our phone, watch the driver approach on a map, and then pay for our ride without leaving a single application.
Similarly, we can scroll through dozens of different brands of olive oil
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Nordic Expands Beyond Epic With New Cerner Solutions Business Line
Healthcare IT consulting firm Nordic continues its expansion beyond Epic consulting with the launch of a new Cerner Solutions business line to meet the needs of healthcare organizations. The new business line reflects Nordic’s long-term strategy of expanding its offerings beyond Epic consulting to meet the needs of its clients, including advisory services, performance improvement, ERP Solutions, and Managed Services. Nordic acquired The Claro Group's revenue cycle management (RCM) transformation
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SHUH, Syapse to Build South Korea’s First Real-World Data Sharing Network for Precision Oncology Hospitals
SNUH and Syapse will collaboratively work towards building South Korea’s first real-world data-sharing network for leading precision oncology hospitals in the region. Syapse, a company accelerating precision medicine through insights derived from its global health system network, and Seoul National University Hospital (SNUH), a South Korea-based hospital, today announced that they have extended their partnership with a new multi-year agreement. As part of their partnership, SNUH and Syapse will
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4 Reasons Why Healthcare Executives Are Less Eager to Invest in Health IT
Hospital and health system C-suite executives recognize that technology will play a central role in helping their organizations meet quality and cost objectives. Yet that’s not necessarily translating to a market that’s more fruitful for health IT companies. In fact, if your healthcare system is taking a more conservative approach to health IT investments in 2019, it’s not alone.
A recent survey of 100 C-suite leaders by Managed Healthcare Executive found that fewer than half of healthcare
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Kaiser Appoints First Chief Digital Officer, Teladoc’s New COO, Castlight Health CEO, Other Health IT Appointments
Kaiser Permanente has appointed Prat Vemana as its first chief digital officer for Kaiser Foundation Health Plan and Hospitals. In this newly created role, Vemana will lead the ongoing development and execution of Kaiser Permanente's digital vision and strategy, in collaboration with internal health plan, hospital, and medical group teams.
Atlantic Health System has named Dr. Sylvia Romm as Chief Innovation Officer. In her new role, Romm will be responsible for building new partner
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Health Catalyst IPO Journey: Future Opportunities & Challenges to Watch
Last week saw Health Catalyst common stock begin trading on the Nasdaq Global Select Market. This marks the culmination of a journey that started 11 years ago and provides a great illustration of a start-up that has maximized the potential of the move in healthcare to value-based care. However, the IPO comes at a time where there is some uncertainty gripping the markets it targets and there are several key challenges for Health Catalyst to overcome in order to drive future success. Here’s our
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VA Transfers 23.5 Million Patient Health Records to Cerner’s Data Center
The U.S. Department of Veterans Affairs (VA) recently transferred the health records of 23.5 million Veterans to a Cerner's data center, setting the stage for the records to be processed this summer in support of VA’s and Department of Defense’s (DoD) common electronic health record (EHR) solution.Data Migration PhaseThis initial data migration phase of VA’s Electronic Health Record Modernization (EHRM), which began in late spring, is an important milestone reflecting the decision to replace
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