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Why COVID-19 Highlights Urgent Need to Humanize and Modernize The Patient Financial Experience

by Florian Otto, MD, DDS, Co-founder, and CEO of Cedar 06/30/2020 Leave a Comment

Why COVID-19 Highlights Urgent Need to Humanize and Modernize The Patient Financial Experience

It’s no secret that COVID-19 and the corresponding near-immediate economic catastrophe will be felt for significantly longer than the few short months it took to wreak its initial havoc. While losses hit businesses from “a to z” (...except maybe Amazon, ironically), hospitals and health systems tasked with treating the victims of this pandemic bear a particularly harsh dose of the financial fallout -- $72 billion in CARES Act hospital grants barely serving as a band-aid to the financial
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HHS Awards Morehouse $40M to Combat COVID-19, Advance Health Equity in Minority Communities

by Fred Pennic 06/24/2020 Leave a Comment

HHS Awards Morehouse $40M to Combat COVID-19, Advance Health Equity in Minority Communities

What You Should Know: - Morehouse School of Medicine (MSM) partners with the U.S. Department of Health and Human Services on a three-year project to combat COVID-19 and advance health equity in minority communities. - The initiative – the National Infrastructure for Mitigating the Impact of COVID-19 within Racial and Ethnic Minority Communities – is a three-year project designed to work with community-based organizations across the nation to deliver education and information on resources
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Black Lives Matter: Health IT Industry, Where Are You?

by JohnMatthew Douglas, President And Founder at iPressForward, LLC 06/22/2020 Leave a Comment

Black Lives Matter: Health IT Industry, Where Are You?

All lives truly matter. However, the world does not exist in a vacuum void of institutional racism, subconscious, and implicit bias. As a result, every life within America is not valued the same, as is evident by the recent George Floyd murder. When all lives are not treated with the same opportunities and respect, whether in matters of criminal justice, employment, housing, education, health, and healthcare evidence shows the result is that only some lives actually matter. One cannot change the
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Predictive Analytics: Preventing the Aftershocks from COVID-19

by Victor A. Collymore, MD, FACP, VP and Chief Medical Officer at EXL Service 06/19/2020 Leave a Comment

Preventing the Aftershocks from COVID-19

Right now, the world’s attention is focused on COVID-19.  This is most appropriate as it has hit the world like a global earthquake, disrupting lives on an unprecedented scale.  However, there will come a day when the immediate danger has passed. At that point, it’s very likely that the healthcare system will begin to feel the significant aftershocks of COVID-19 in the form of neglected chronic condition management throughout the pandemic.  The Centers for Disease Control
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M&A Analysis: Mednax to Sell its Radiology and Teleradiology Business

by Arun Gill, Senior Analyst at Signify Research 06/17/2020 Leave a Comment

M&A Analysis: Mednax to Sell its Radiology and Teleradiology Business

Earlier this month saw Mednax announce significant plans to transform its business. Mednax intends to: - Sell its Mednax Radiology Solutions business, which includes its radiology groups and the teleradiology market leader Virtual Radiologic (vRad). - Reposition itself as a dedicated pediatrics and obstetrics business, including a return to its original company name, Pediatrix Medical Group. Mednax made its entrance into the radiology business following the $500m acquisition of vRad in
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The Digital Front Door: The Gateway to Empathetic Patient Navigation

by Stefan Behrens, CEO, GYANT 06/15/2020 Leave a Comment

The Digital Front Door: The Gateway to Empathetic Patient Navigation

The healthcare experience can often feel lonely. Lengthy surveys, unnecessary appointments, long waiting times and tedious, paperwork all contribute to this potentially confusing and isolating patient experience. Now, amidst a global health crisis, any barriers or obstacles to care could be detrimental beyond loneliness and could be fatal. These impeding components should not define a patient’s journey. Fair access to quality care, accurate record-keeping, and empathy should be at the core of
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Telehealth After COVID-19: What’s Next for the Healthcare Industry?

by Michael Morgan, CEO of Updox 06/03/2020 Leave a Comment

Telehealth After COVID-19: What's Next for the Healthcare Industry?

Like the rest of the economy, healthcare has been upended by the coronavirus. Not just emergency rooms, but primary care physicians, specialists, and long-term care facilities, too.  Struggling to continue providing care in a time of social distancing, many have turned to telehealth in record numbers. Even providers who may have previously viewed telehealth skeptically – perhaps because of the technology’s perceived complexity or reimbursement challenges before COVID-19 – have now become
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Telehealth Claim Lines Increase 4,347% Nationally from March 2019 to March 2020

by Jasmine Pennic 06/02/2020 Leave a Comment

Telehealth Claim Lines Increase 4,347% Nationally from March 2019 to March 2020

What You Should Know: - Telehealth claim lines increased 4,347 percent nationally from 0.17 percent of medical claim lines in March 2019 to 7.52 percent in March 2020, according to new data from FAIR Health's Monthly Telehealth Regional Tracker. - The data represent the privately insured population, excluding Medicare and Medicaid. In an indication that the growth was related to the COVID-19 pandemic, the increase was even greater in the Northeast, where the pandemic hit
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Google Awards Morehouse School of Medicine $1M to Study Racial Impact of COVID-19

by Fred Pennic 05/28/2020 Leave a Comment

Google Awards Morehouse School of Medicine $1M to Study Racial Impact of COVID-19

What You Should Know: - Google awards a $1M grant to Satcher Health Leadership Institute at Morehouse School of Medicine to study the racial impact of COVID-19 and address racial disparities. - The partnership will enable the real-time COVID-19 collection and study of detailed demographic data about the communities of color that are being hit hardest by the pandemic. The research project will help policymakers better understand how to ensure those communities receive the targeted help
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Innovaccer Launches Care As One Campaign to Express Solidarity during COVID-19

by Fred Pennic 05/27/2020 Leave a Comment

Innovaccer Launches Care As One Campaign to Express Solidarity during COVID-19

What You Should Know: Innovaccer has launched the Care As One campaign to raise funds to donate to Feeding America, the nation’s largest domestic hunger-relief organization, working to connect people with food and end hunger.  The campaign features a collection of stories from all over the world that people have shared as examples of heroism and acts of kindness they have witnessed during the pandemic. The COVID-19 pandemic has shown the human race some of its worst days
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