Transcarent appoints Dr. Randy Hawkins as Chief Medical Officer (CMO) and will report to Transcarent Chief Executive Officer, Glen Tullman. As CMO, Dr. Hawkins will oversee the organization’s clinical quality initiatives and support the organization’s health analytics strategy. Swift Medical has appointed Brian Litten as its new Chief Executive Officer effective immediately. Litten brings decades of healthcare leadership experience across health plans, provider organizations, regulatory
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Healthcare Innovation | News, Analysis, Insights - HIT Consultant
Opioid Settlements are Making Headlines; Is Now The Time to Soften Guidelines?
The United States only represents five percent of the world’s population; however, Americans consume 80 percent of the world’s opioids.1 The U.S. is the world’s leader in the use of opioid medications to cope with physical and emotional difficulties. And the recent Walgreens and Wal-Mart multi-state opioid settlement agreement disclosures have only hammered home the point. America continues to have an opioid addiction problem. In light of all these circumstances, the recent CDC
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CodaMetrix Raises $55M for AI-Powered, Autonomous Medical Coding
What You Should Know: - CodaMetrix, an AI technology platform transforming healthcare revenue cycle management, today announced that it closed a $55 million Series A round led by SignalFire. Frist Cressey Ventures (FCV), Martin Ventures, Yale Medicine, University of Colorado Healthcare Innovation Fund, and Mass General Brigham physician organizations also participated in the round. - The capital injection will accelerate go-to-market with major provider organizations and health systems, as
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Dexcom Ventures Invests in MedCrypt’s Medical Device Cybersecurity Platform
What You Should Know: - MedCrypt, the proactive cybersecurity solution provider for medical devices and manufacturers, will announce the close of a Series B extension round led by Dexcom Ventures, bringing the company's total to date to $36.4M. - With support from three major investors, Johnson & Johnson Innovations, Intuitive Ventures, and Dexcom Ventures, MedCrypt continues to lead the way in developing cybersecurity technologies and infrastructure for life-saving medical
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22 Executive Digital Health Predictions to Watch in 2023
Jon Bloom, MD, CEO and Co-founder of Podimetrics From a digital health perspective, 2022 was a reset year for many and a serious reality check. We went from sky high growth to the sky is falling, and in 2023 I think this market correction movement will continue forward. To me, the biggest surprise of 2022 was that despite the market tanking, digital health companies continued to truck forward with huge deals. This includes massive acquisitions like Amazon and OneMedical, as well as deals like
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Modernizing Data Access: 3 Tips for Securing Patient Data in the Cloud
There is a tremendous amount of data within the healthcare and life sciences industries. According to RBC Capital Markets, the healthcare sector accounts for 30% of the world’s data and is forecasted to grow by a compound annual growth rate of 36% in the next two and half years. The benefit is that healthcare professionals, organizations, and analysts can use this data to improve the quality, quantity, and accessibility of healthcare. But it also carries great risk. More organizations
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HLTH22: LG Launches Virtual Care Solution with Amwell to Address Hospital Workforce Shortages
What You Should Know: - Global innovator LG Electronics announced its first joint solution with digital healthcare enablement leader Amwell®, designed to expand the boundaries of digital health innovation and address a major issue faced by hospitals across the country – workforce shortages. - Showcased at HLTH 2022, a Carepoint™ TV Kit, by LG and powered by the Amwell Converge™ platform, leverages existing LG healthcare TVs in patient rooms to allow providers to remotely engage,
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CVS Health’s Former Chief Strategy Officer Joins VC Firm, LRVHealth
What You Should Know: - LRVHealth, the inside healthcare venture capital platform, announced that Josh Flum joined the firm as a managing partner. Prior to joining LRV Health, Flum served as Chief Strategy Officer and Business Developer Officer at CVS Health. - Flum joins a diverse team of healthcare operators, entrepreneurs, investors and insiders leading healthcare innovation and transformation alongside a network of strategic limited partners that touches half of all
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Accenture Federal Services Awarded Role on $650M VA Healthcare Innovation Contract
What You Should Know: Accenture Federal Services has been awarded a prime spot on a $650M contract in support of the Department of Veterans Affairs’ Veterans Health Administration (VHA) and the Office of Healthcare Innovation and Learning (OHIL). The Accelerating VA Innovation and Learning (AVAIL) contract provides VHA and the Office of Healthcare Innovation and Learning (OHIL) with the ability to fast-track the design, development, and testing of healthcare innovations. The AVAIL
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Cultivating an Early Warning System in Healthcare Quality Through Bi-Directional Patient-Physician Engagement
Patient advocacy organizations and medical specialty societies can serve as a liaison between patients and providers in bi-directional engagement, closing gaps in the patient journey and ultimately driving innovation for higher quality care. Patients are the keyholders to an enormous trove of data that is critical to taking the next step in improving the quality of their care. However, patient data collection has been a historically difficult process due to disparate data sources,
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