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Healthcare IT | Health IT | News, Analysis, Insights

Global Digital Health VC Funding Breaks $5.1B in First Half of 2019

by Fred Pennic 07/16/2019 Leave a Comment

VC Funding in Digital Health Hits $5.1 Billion in 1H 2019,

Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reach $5.1 billion in the first half of 2019, according to market research firm Mercom Capital. The 1H and Q2 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals $5.1B in funding across 318 deals compared to $4.9B across 383 deals in 1H 2018. Q2 2019 VC funding held strong at $3.1 billion in 169 deals following the $2 billion raised in 149 deals in Q1 2019.
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Cigna Leads $23M Series D in Specialized AI Company, GNS Healthcare

by Fred Pennic 07/09/2019 Leave a Comment

Cigna Leads $23M Series D in Specialized AI company, GNS Healthcare

Today, Cigna Ventures (CV), the corporate venture fund of global health service company Cigna, announced that it’s leading a $23M Series D round of funding in GNS Healthcare (GNS), a highly specialized AI company that turns millions of data streams into personalized insights that precisely match the appropriate clinical care/treatment intervention to the right patient at the right time.Cigna joins other leading carriers and health plans and GNS investors, including Cambia Health Solutions, Echo
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It’s All Public Health, and It’s Driven by Data

by Irv Lichtenwald , CEO of Medsphere Systems Corporation 06/20/2019 Leave a Comment

Medsphere CEO Talks Affordable Healthcare IT and Future of EHRs

Americans are used to seeing California as a bellwether. Whether or not that’s a good or bad thing often depends on individual perspective. But there’s less room for differences of opinion when it comes to housing and homelessness. With a booming economy that is now the fifth largest on planet Earth, California has also experienced a dramatic rise in homelessness in recent years. In Los Angeles County alone, homelessness has risen in three of the last four years, with a 12 percent
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Applied Analytics: Making the Dream of Cost-Controlled Population Health a Reality

by Moshe Starkman, Senior Director, Value Based Reimbursement, nThrive 06/12/2019 Leave a Comment

Applied analytics: Making the dream of cost-controlled population health a reality

Ninety percent of a solution is accurately defining the problem, however, in healthcare, much like nearly every other industry, more time and energy is spent on fixing perceived symptoms rather than identifying root caU.S.es. Today we will explore the contribution that applied analytics has made and continues to make on bending the dramatic U.S. healthcare cost curve. To do this well we will first explore the primary cost drivers (i.e. root caU.S.es), as to why the U.S. spends more on care than
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Innovaccer, Launches InAPI to Aggregate Healthcare Data for Providers, Payers, and Vendors

by Jasmine Pennic 06/03/2019 Leave a Comment

Innovaccer, Launches InAPI to Aggregate Healthcare Data for Providers, Payers, and Vendors

Healthcare organizations are riding the wave of digital disruption with increased adoption of applications to power patient centric-care, communications, and collaboration with peer organizations in the network. With this objective, they are seeking to integrate crucial information across the care continuum and establish interoperability among complex and disparate data systems- including legacy systems.Existing Interoperability ChallengesThere are over 200 EHRs in the US healthcare space,
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You Want Patient Engagement? Make The System Navigable

by Irv Lichtenwald , CEO of Medsphere Systems Corporation 05/30/2019 Leave a Comment

Medsphere CEO Talks Affordable Healthcare IT and Future of EHRs

Last month, New York Times reporter Robert Pear died at age 69 from complications of a stroke. The name was unfamiliar to me, and I guess that’s to be expected, given what I’ve learned of the man since. Turns out Robert Pear was a thoughtful, unassuming reporter who wanted the accuracy and validity of his work to speak for him. This approach engendered much respect among his peers in the 40 years that he primarily covered healthcare policy. “Robert was an exacting reporter,” writes
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Healthcare M&A Survey: Health IT Represents the Richest Opportunity in Sector

by Fred Pennic 05/29/2019 Leave a Comment

Healthcare M&A Survey: Health IT Represents the Richest Opportunity in Sector

 Most healthcare mergers and acquisitions (M&A) professionals see a positive outlook for healthcare and life sciences deals next year, even as political uncertainty will be the biggest factor to upend transactions, according to a recent Merrill Insight poll of global M&A professionals.According to the poll, which included more than 200 respondents from the Americas and Europe, the Middle East and Africa (EMEA), 52% of respondents believe that the M&A market is headed in a positive
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Appriss Launches Machine Learning Powered Patient Matching Solution

by Jasmine Pennic 05/15/2019 Leave a Comment

Appriss Launches Machine Learning Powered Patient Matching Solution

Patient matching is essential to prevent or quickly identify patients suffering from opioid addiction. This week, Appriss Health has launched ApprissID, a patient record-matching solution based on machine learning and consolidation algorithms within PMP AWARxE, Appriss Health’s prescription drug monitoring program (PDMP) solution that serves 44 PDMPs across the U.S.ApprissID utilizes combinations and segments of various identifiers to connect multiple records together to identify a unique
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Bill Conway Returns to athenahealth as Chief Sales Officer

by Fred Pennic 05/14/2019 Leave a Comment

Bill Conway Returns to athenahealth as Chief Sales Officer

athenahealth, Inc., a provider of network-enabled services for ambulatory and hospital customers nationwide, announced today that Bill Conway has been appointed Chief Sales Officer. In his new role, Mr. Conway will work closely with the athenahealth executive leadership team on strategic execution to help accelerate the Company’s vision of transforming the healthcare industry. Bill Conway, a health IT industry veteran previously served as Senior Vice President of Sales and Client Services at
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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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