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Intermountain Healthcare System | News, Analysis, Insights - HIT Consultant

Israeli Startup MDClone Lands $26M to Expand Healthcare Data Sandbox

by Fred Pennic 08/23/2019 Leave a Comment

Israeli Startup MDClone Lands $26M to Expand Healthcare Data Sandbox

MDClone, an Israeli-based provider of the world’s first healthcare data sandbox has raised $26 million in Series B funding led by aMoon with participation from existing investors OrbiMed Israel Partners and Lightspeed Venture Partners. MDClone plans to utilize the funding to further develop its existing platform and build new products and novel approaches leveraging data across its global network, as well as accelerate sales and marketing efforts.Healthcare Data Sandbox: Explore and Discover
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Intermountain Launches Value-based Care Spinout Castell

by Jasmine Pennic 07/16/2019 Leave a Comment

Intermountain Launches Value-based Care Spinout Castell

Intermountain Healthcare has formed a new comprehensive health platform company named Castell that will enable other organizations to accelerate their transition from volume to value-based systems of care, while keeping care more affordable and accessible. Rajesh Shrestha has been named as the president and CEO of Castell. In addition to leading Castell, Shrestha serves as vice president and chief operating officer of Community Based Care for Intermountain Healthcare. He has more than two
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R1 RCM, Intermountain Opens Technology and Innovation Center

by Fred Pennic 06/14/2019 Leave a Comment

R1 RCM, Intermountain Opens Technology and Innovation Center

On Tuesday, R1 RCM announced the grand opening of its new Salt Lake City Technology and Innovation Center in collaboration with Intermountain Healthcare. This state-of-the-art facility will be the first of its kind to test and develop new technology to redefine the healthcare revenue cycle process and the patient financial experienceThe grand opening event brought together R1 and Intermountain Healthcare leaders, community business leaders, and local nonprofit organizations for a ribbon cutting,
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Cerner Launches Social Determinants Innovation Collaborative with Over 30 Health Systems

by Fred Pennic 05/30/2019 Leave a Comment

Social determinants of health

This week, Cerner announced the launch of the Social Determinants Innovation Collaborative (SDIC), a group of over 30 health systems that come together to share best practices and steps forward in addressing social determinants of health.The Impact of Social Determinants of Health DataThe CDC defines “social determinants of health” as the circumstances in which people are born, grow up, live, work, and age. Social, environmental and economic factors – such as transportation, housing, nutrition,
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$100k Hearst Health Prize for Excellence in Population Health Submissions Now Open

by Fred Pennic 05/17/2019 Leave a Comment

$100k Hearst Health Prize for Excellence in Population Health Submissions Now Open

This week, Hearst Health announced that submissions are open for the 2020 Hearst Health Prize, an annual award in its 5th year that recognizes outstanding achievement of organizations managing or improving population health in the United States. The call for 2020 submissions was announced in partnership with the Jefferson College of Population Health (JCPH).Hearst Health Prize OverviewThe Hearst Health Prize evaluates implemented projects that demonstrate improved population health outcomes (it
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Quorum Health Taps R1 RCM for End-to-End Revenue Cycle Management Across 26 Hospitals

by Fred Pennic 05/09/2019 Leave a Comment

Quorum Health Taps R1 RCM for End-to-End Revenue Cycle Management Across 26 Hospitals

Quorum Health Corporation, an operator of general acute care hospitals and outpatient services has selected R1 RCM to provide end-to-end revenue cycle management services across Quorum Health’s portfolio of hospitals and outpatient centers. After conducting a competitive vendor selection, Quorum Health selected R1 and anticipates going live in the second half of 2019.Benefits for Quorum HealthR1’s platform integration with existing infrastructure is expected to improve revenue cycle operations
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Velano Vascular Raises $10M for FDA-Cleared Needle-Free Blood Draw Device

by Fred Pennic 05/08/2019 Leave a Comment

Velano Vascular Raises $10M for FDA-Cleared Needle-Free Blood Draw Device

Velano Vascular, a San Francisco, CA-based vascular access technology innovator today announced that it has raised $10 million from strategic investor Intermountain Healthcare following the system’s rollout of the PIVO™ needle-free blood collection technology. The funding also included participation from Becton Dickinson’s former Chairman and CEO Edward Ludwig; notable entrepreneur, investor, and health sector philanthropist Marc Benioff; Baxter International’s former Chairman and CEO Robert
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Redox Lands $33M for Scalable Healthcare Data Interoperability Platform

by Fred Pennic 04/18/2019 Leave a Comment

Redox Lands $33M for Scalable Healthcare Data Interoperability Platform

Redox, a Madison, WI-based company that is changing the way healthcare providers and software vendors share data has raised $33 million in Series C funding led by Battery Ventures. The Series C round also included participation from existing investors .406 Ventures, RRE Ventures, and Intermountain Ventures. Finally. A Scalable Way to Exchange Healthcare Data Currently, inconsistent data formats and redundant connections slow, or completely prevent the flow of critical health information,
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New ‘Intermountain at Home” Service Launches with Remote Monitoring, Telemedicine Capabilities

by Jasmine Pennic 03/12/2019 Leave a Comment

Intermountain Healthcare Named Winner of 2017 Hearst Health Prize

Intermountain Healthcare, announced this week it is expanding its home-based services this year to include primary care, some traditional hospital-level services, and palliative care for patients with chronic or serious medical conditions. Intermountain at Home Service Overview The new service, called Intermountain at Home, is a comprehensive program that will expand established Intermountain Homecare & Hospice services to prevent or shorten hospital admissions, and enable patients to
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R1, Intermountain to Build Innovation Center in Salt Lake City to Foster Revenue Cycle Innovation

by Jasmine Pennic 02/08/2019 Leave a Comment

R1, Intermountain to Build Innovation Center in Salt Lake City to Foster Revenue Cycle Innovation

In collaboration with Intermountain Healthcare, R1 plans to build a state-of-the-art Technology and Innovation Center in Salt Lake City to foster revenue cycle management (RCM) innovation. This move reflects the industry’s ongoing effort to offer patient-centric care across the healthcare continuum – starting with an improved patient financial experience. Innovation Center Opening DateScheduled to open in May 2019, the 30,000 square foot facility will be used to evaluate patient needs, test
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