Alyssa Rapp, CEO of Surgical Solutions
Healthcare costs are on the rise, and they show no signs of leveling off. According to the latest data available from the Centers for Medicare and Medicaid Services, healthcare spending in the United States reached $3.5 trillion in 2017, or $10,739 per person. Those costs are projected to rise by about five percent year-over-year.
As expenditures continue to skyrocket, healthcare providers are looking to new technologies and care strategies that can help
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PE Firm Backs Nation’s Largest Care Coordination Company ChartSpan
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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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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Applied Analytics: Making the Dream of Cost-Controlled Population Health a Reality
Moshe Starkman, Senior Director, Value Based Reimbursement, nThrive
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
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Alegeus Unveils Smart HSA Solution to Bolster Healthcare Spending and Saving Decisions
Alegeus, the market leader in consumer-directed healthcare (CDH) solutions, today announced that the industry’s first Smart HSA that features machine learning and artificial intelligence (AI) was presented for the first time during the 2019 Alegeus Client Conference. Smart HSA: A New Approach to CDH Account SolutionsThis next generation of the existing Alegeus solution provides broader support for the benefits lifecycle and greater influence across the full spectrum of healthcare benefits. It
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JPMorgan Chase to Acquire Healthcare Payments Solution InstaMed
JPMorgan Chase & Co., today announced its plan to acquire InstaMed, a Philadelphia-based healthcare payment network provider connecting providers, payers, and consumers on one platform. The acquisition will expand the bank's suite of payment services designed specifically for healthcare consumers, providers, and payers.Why InstaMed?U.S. healthcare spending is over $3 trillion and is challenged by significant transaction friction and inefficiency. Legacy approaches to bill pay, claims
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Discovery Health Partners Acquires HealthMind to Expand Revenue Integrity Solution Portfolio
Discovery Health Partners, an industry leader dedicated to helping healthcare payers solve payment and revenue integrity challenges to improve financial outcomes, today announced they have acquired HealthMind, LLC (formerly known as Datametrix Inc.Founded in 2005, HealthMind specializes in pre- and post-payment services that ensure correct payment for both contracted and non-contracted providers using a continuous-looped platform with Dynamic Discovery.Rise of Healthcare SpendingWith U.S.
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Digital Health – Is It Worth It? How to Calculate ROI in Digital Health
The results are in. A 2019 PEGA survey asked 2,000 U.S. consumers how they felt about recent trends in healthcare, and the response was overwhelming — they want a personal touch, and they want it digital. Not only that, but the survey also revealed that communications from healthcare organizations actually drive a patient’s desire to improve their health, fueling the popular opinion that technology is the magic key to patient engagement. What the survey fails to reveal, though, is why the
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Telemedicine: A Potential Remedy to Rural Healthcare Ills?
Mary Tolan, Co-Founder & Managing Partner at Chicago Pacific Founders
The symptoms are innocuous enough at first. They begin with simple fatigue; readily explainable by a day spent working under the hot sun. The thirst sets in next, then the persistent hunger. The farmer brushes his symptoms off as simple work-caused exhaustion, and rationalizes that anyone would be tired, hungry, and thirsty after a long day in the field - he's getting older, after all. He thinks little of it until his
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Livongo Acquires Digital Behavioral Health Solution myStrength
Livongo Health, an Applied Health Signals company empowering people with chronic conditions to live better and healthier lives, today announced that it has acquired Denver-based myStrength, Inc., a provider of digital behavioral health solutions. Financial terms of the acquisition were not disclosed. The acquisition enables Livongo to more fully address the health of the whole person by integrating behavioral health conditions including depression, anxiety, stress, substance use disorder,
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