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

Biofourmis Lands $35M for AI-Powered Digital Therapeutics Platform

by Jasmine Pennic 05/21/2019 Leave a Comment

Biofourmis Lands $35M for AI-Powered Digital Therapeutics Platform

Biofourmis, a Boston, MA-based digital therapeutics platform, today announced that it has raised $35 million in Series B funding led by Sequoia Capital/Sequoia India and co-led by Mass Mutual. The latest funding round will enable the company to advance its proprietary artificialintelligence (AI)-powered digital therapeutics platform and pipeline that treats and manages a range of complex chronic conditions.Digital Therapeutics is Redefining The Healthcare Value ChainFounded in 2015, Biofourmis
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Verily Launches Baseline Health System Consortium with Duke, Mayo, Vanderbilt

by Jasmine Pennic 05/16/2019 Leave a Comment

Duke, Mayo, Vanderbilt, Others Join Verily’s Baseline Health System Consortium

Verily, an Alphabet company, today announced a new Project Baseline initiative, the Baseline Health System Consortium, comprised of Verily, Duke University Health System, Vanderbilt University Medical Center, University of Mississippi Medical Center, Mayo Clinic, Regional Health in South Dakota and the University of Pittsburgh. Verily launched Project Baseline in 2017 with the Project Baseline Health Study to develop the technology and tools to help researchers create a more comprehensive map of
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StartUp Health Adds 11 New Startups to Army of Healthcare Transformers

by Jasmine Pennic 05/15/2019 Leave a Comment

StartUp Health Adds 11 New Startups to Army of Healthcare Transformers

StartUp Health, a platform where health transformers, partners, customers, investors, patients, and caregivers connect and accelerate the progress of the health moonshots.Here is a look at the 11 new members of Startup Health’s global army of healthcare transformers:1. Cityblock Health: Iyah Romm (Co-Founder & CEO)Cityblock is a Brooklyn, NY-based company building sustainable, scalable systems that provide high-quality, cost-effective care for underserved populations with complex health
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BJC HealthCare Taps R1 RCM to Enhance Revenue Integrity Across Enterprise

by Fred Pennic 05/14/2019 Leave a Comment

BJC HealthCare Taps R1 RCM to Enhance Revenue Integrity Across Enterprise

BJC HealthCare, based in St. Louis, Missouri has selected revenue cycle management (RCM) services company R1 RCM to provide its Revenue Integrity Solutions (RIS), formerly known as Revenue Capture Services (RCS) to support BJC’s affiliated hospitals and affiliated physician group in ensuring appropriate payment for services provided and documented via charge capture, coding review, root cause analysis and education. In addition to R1’s Revenue Integrity Solutions, hospitals and health systems
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Livongo for Diabetes Program Reduced Medical Spending by 22% for Members, Study Finds

by Fred Pennic 05/10/2019 Leave a Comment

UCSF Launches SUGAR Clinical Trial Study to Compare Livongo’s Diabetes Management Program to Standard Diabetes Care

The Livongo for Diabetes program delivered a 21.9 percent reduction in medical spending for Livongo members when compared to the matched non-Livongo population, according to study findings published in the latest edition of the Journal of Medical Economics. When taking the average price of the Livongo for Diabetes program into account, the study demonstrated that employers experienced a positive return on investment in one year.Financial Impact of Diabetes Management in the U.S.Diabetes is one
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Why Medicare For All Is Not Going to Happen In America

by Margalit Gur-Arie 05/10/2019 Leave a Comment

Why Medicare For All Is Not Going to Happen In America

I am going to make a prediction here. No matter who we elect in 2020, Bernie or Trump or anything in between, Medicare For All is not going to happen in America. One can run an electrifying campaign on the promise of Medicare For All, or indignantly against it, but this is pure theater on both sides. I don’t know if God can make a rock so big and heavy that even He can’t lift it, but I do know that government can make corporations so big and powerful that even government itself can’t break
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Access One Integrates Patient Financing Options with Epic App Orchard

by Jasmine Pennic 05/10/2019 Leave a Comment

Access One Integrates Patient Financing Options with Epic App Orchard

AccessOne, a provider of patient financing options designed to help patients manage their healthcare costs announced that it has joined the Epic App Orchard marketplace. The integration marks AccessOne as the first patient financing company to join the App Orchard and is currently available to hospitals and health systems on the Epic platform.Consumers have reported that more payment options and access to self-service portals are among the top three process changes that would improve
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MATTER, rMark Bio Launch AI-Powered Healthcare Innovation Matchmaker, Origin

by Jasmine Pennic 05/09/2019 Leave a Comment

MATTER, rMark Bio Launch AI-Powered Healthcare Innovation Matchmaker, Origin

MATTER, a Chicago, IL-based healthcare incubator and innovation hub, and rMark Bio, a life sciences AI company announced the launch of Origin™ — a new product to further accelerate healthcare innovation via collaboration. Exclusively available to the MATTER community of startup members and partner organizations, Origin combines the power of machine learning with MATTER’s expertise in vetting, coaching and convening to match pharmaceutical companies, payers and health systems with the right
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Haves vs. Have-Nots in Healthcare: Why The Haves Are Still Winning

by Irv Lichtenwald , CEO of Medsphere Systems Corporation 05/09/2019 Leave a Comment

Haves vs. Have-Nots in Healthcare: Why The Haves Are Still Winning

Ideology is a beguiling mistress. When she winks and showers rewards on the faithful, they’re much more likely to focus on successes over failures moving forward, even if the latter vastly outnumber the former. My use of the word ‘ideology’ here is intentional. I come from rather humble beginnings and have experienced the benefits that a market-based capitalist system offers to those willing to work hard and color inside the lines. I’ve earned a level of prosperity my parents could only dream
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LetsGetChecked Lands $30M for Regulated At-Home Medical Testing Platform

by Jasmine Pennic 05/08/2019 Leave a Comment

LetsGetChecked Lands $30M for Regulated At-Home Medical Testing Kit

LetsGetChecked, an NYC-based direct-to-consumer at-home health testing platform increasing access to laboratory and self-testing, today announced it has raised 30 million in Series B round led by LTP with participation from existing investors Optum Ventures and Qiming Venture Partners USA. At Home Testing, For A Healthier You Founded in 2014, LetsGetChecked is a medical technology platform linking customers to regulated laboratory testing to better manage and control their health. The
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