What You Should Know: - Change Healthcare buys back pharmacy network eRx Network (eRx) for $212.9 million-plus cash on the balance sheet. - eRx Network runs a network connected to about 59,000 pharmacies that process more than 1.5 billion transactions annually and also markets insurance verification, e-prescribing, and claims billing services, among others. Change
Healthcare buys
back pharmacy unit eRx Network (“eRx”),
a leading provider of comprehensive, innovative,
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How AI-Driven Insight Could Fuel Medicare Advantage Success
Medicare Advantage plans need more than consumer-centric design, payer/provider alignment, and strong connections across the continuum of care to drive value. The high-value performance also depends on their ability to use data to make a meaningful difference in members’ health. With 11,000 people aging into Medicare daily, proficiency in managing Medicare Advantage populations is critical for demonstrating value in a competitive market. Enrollment in these plans is growing significantly,
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Jvion Appoints Jay Deady CEO to Lead Next Stage of Growth
What You Should Know: - Clinical AI leader Jvion names industry veteran Jay Deady as Chief Executive Officer (CEO), succeeding founder Shantanu Nigam who will transition to his new role as Executive Chairman of the Board. - In the midst of the COVID-19 pandemic, Jay joins Jvion during a turbulent time for healthcare. As CEO, he will lead Jvion’s ongoing efforts to support hospitals and providers through the crisis. Jvion,
a leader in clinical AI, announced
today that Jay Deady,
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HealthMyne Appoints Rose Higgins As New CEO
- HealthMyne appoints Rose Higgins as the company’s new CEO, replacing Arvind Subramanian. HealthMyne, a provider
of quantitative imaging decision support software solutions, announced the
appointment of Ms. Rose Higgins as the company's new Chief Executive Officer
(CEO). Prior to joining HealthMyne, Higgins served as President for SCIO Health
Analytics, an EXL Services company. Higgins has also served in previous
executive roles at McKesson and RelayHealth. “Rose was selected to be CEO
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McKesson, Aetion Partner on Real-World Evidence (RWE) in Cancer Research
- Aetion and McKesson announced a strategic collaboration focused on advancing the use of real-world evidence (RWE) in cancer research. - Relationship pairs Aetion Evidence Platform and McKesson’s robust oncology data sets to accelerate regulatory-grade oncology studiesAetion and McKesson, today announced a strategic collaboration focused on advancing the use of real-world evidence (RWE) in cancer research to benefit patients, regulators, the biopharma industry, and payers. The partnership will
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McKesson to Offer Augmedix EHR Charting Services to Specialty Practices
- McKesson will offer Augmedix EHR charting services to its specialty practices with a mission for providers to spend less time on data entry and more time on patient care. - McKesson previously deployed Augmedix into six practices across the country in The US Oncology Network (The Network). - The expansion builds on the success of the initial deployments, more practices have since engaged Augmedix. To address the growing demand, McKesson is expanding its reach and extending the
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5 Steps to Achieving a Mature Enterprise-Class Quality Program
The game is changing faster than ever as more payer contracts and regulatory programs adopt risk-based models. To be successful, payer and provider organizations know they must increase quality scores and revenue while reducing avoidable medical costs. Yet, the providers who are critical to that success are burned out. According to a recent survey, nearly one-third of providers say their biggest frustration is constant “busy work,” such as electronic health record (EHR) data entry and prior
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Analysis: Cerner, Epic, Allscripts and MEDITECH’s International EHR Endeavours
In this insight, we assess how the top US acute EHR vendors, namely Epic, Cerner, Allscripts and MEDITECH (+85% share of US acute market in terms of revenues), have progressed specifically on the third point, international expansion.The below figure shows that there is a significant variance amongst the big four in terms of revenue and share of business outside the US. Cerner has by far the highest revenue at more than $600M in 2018, representing 12% of its business. Whilst MEDITECH has much
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Healthcare’s Uncertain Future: 3 Data-Driven Approaches for Payers
Nine out of 10 healthcare leaders expect disruptive pressures to increase tremendously in the year ahead, according to a recent survey. However, fewer than half believe their organizations are prepared to withstand these forces.
In an era of transformation—in which traditional business models are continually being revamped in response to pressures such as consumerism, policy changes, and the market entrance of non-traditional healthcare players such as Amazon and Apple—payers face daunting
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Digital Prescribing Platform Xealth Raises Additional $3M to Close $14M Series A Round
Xealth, a Seattle-based digital prescribing platform has raised an additional $3 million in its Series A financing, bringing the amount raised in this round to $14 million total. New investors Atrium Health, Cleveland Clinic and MemorialCare Innovation Fund join McKesson Ventures, Novartis, Philips, ResMed, Threshold Ventures (formerly DFJ Venture), Providence Ventures, UPMC and Froedtert and the Medical College of Wisconsin health network. Investments from this round will be used to advance the
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