- Providers spend $2.76 billion each year on provider directory maintenance, a new survey by CAQH found. - For individual practices, this intensive process costs $998.84 per month--the equivalent of one staff day per week. That is time and money that most providers can't afford to waste.- CAQH surveyed 1,240 physician practices last month and just released "TheHidden Causes of Inaccurate Provider Directories"-- a new white paper that details the burdens the survey uncovered and what the industry
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Medicaid | Medicaid Patients | Medicaid Reform | Regulation, Policy, Analysis, Insights - HIT Consultant
Privileged Only: Is Digital Health Tech A Solution for Elites?
Healthcare disruptors are betting the farm on digital health technology, and they have the funds to validate their enthusiasm. Investments in digital health startups came in at a staggering $8.1B at the end of 2018, marking an increase of 42% from 2017. While investments are slowly beginning to level out in 2019, analysts see this as a sign that the industry is maturing; not, as some thought, as a signal of pending collapse.
Health tech has been touted as the cure-all for financial
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Research: October Health IT M&A Activity, Public Company Performance
- Healthcare Growth Partners (HGP) summary of Health IT/digital health merger & acquisition (M&A) activity, and public company performance during the month of October 2019
During the month of October, Health IT continued its evolution into an amorphous market that is increasingly trending away from a specialized niche of healthcare and into a key component of larger sectors such as Enterprise Software, HR Administration, Insurance, Care Delivery, Suppliers, and BioPharma.
The
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American Well Acquires Aligned Telehealth to Create The Largest Telepsychiatry Platform
Key Highlights- American Well has signed a definitive agreement to acquire Aligned Telehealth, a leader in the provision of behavioral telehealth and telepsychiatry services to hospitals and health plans. - The acquisition combines Aligned Telehealth’s ability to access a network of clinical experts with American Well’s digital care delivery platform. - The combination will create the largest enterprise telepsychiatry platform in the U.S.National telehealth leader American Well announced today
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Medecision Acquires Population Health Platform GSI Health
- Medecision acquires health delivery system transformation pioneer GSI Health, a cloud-based population health platform to optimize value-based care. - The acquisition expands Medecision's expertise and solutions for Medicaid beneficiary management, member engagement in community care settings.Today, Medecision, an integrated health management solutions provider that supports the health and care of more than 50 million consumers nationwide, has acquiredPhiladelphia-based GSI Health, a SaaS
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How Value-Based Care is Changing the Way You Build Digital Health Companies
After years of talk, fee-for-service payment models are finally being challenged in a real way. With value-based care, providers are reimbursed based on patient health outcomes rather than the number of patients they see, which has begun to pass the burden of cost from insurers and employers to providers and patients.
Fundamentally, value-based care requires vendors as well as providers to operate differently, but new revenue models and a new approach to hiring deserve special consideration. In
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AVIA Lands $22M to Expand Healthcare Innovation Network to New Markets
- AVIA raises $22M to expand its leading healthcare innovation network to expand its service offerings and reach new markets. - Specifically, AVIA will tap into the new funds to grow its offerings in areas including consumerism, population health, and risk management, and to reach new markets such as pediatric hospitals and payers.- Members of the AVIA Innovator Network access unique insights, participate in collaborative strategic initiatives, and engage in consulting services to increase speed
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American Samoa Medical Center Authority Extends Contract with Medsphere and CareVue EHR/RCM Solution
- American Samoa Medical Center Authority (ASMCA) and the American Samoa Department of Health (DOH) extends their contract with Medsphere and CareVue EHR/RCM Solution- South Pacific island group’s safety-net healthcare system signs on for seven more years plans to implement Medsphere enhancements of CareVue platformMedsphere Systems Corporation, a provider of affordable and interoperable healthcare IT platform solutions, today announced that the American Samoa Medical Center Authority (ASMCA)
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CVS Health to Invest $2.5M to Build Healthier Communities in Ohio
- CVS Health announced it will invest $2.5M over the next three years to build healthier communities across the state of Ohio.
- Investments will support key initiatives across Ohio including increasing access to healthcare, preventing prescription opioid misuse and supporting tobacco-free living for at-risk populations.
CVS Health, today announced it and its private charity will be donating more than $2.5 million in Ohio over the next three years to improve the health and wellness of
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N.J. Physician Group ACO Generates $6.4M in Medicare Savings
- Partners In Care ACO generated $6.4M in savings and is among top 3 performers statewide under Medicare Shared Savings Program in New Jersey. - While providing high-quality care for patients, Medicare is sharing a portion of these savings with the providers in return.Partners In Care Accountable Care Organization (ACO) generated $6.4 million in savings – an average of $546 per Medicare patient – in 2018. The savings are tracked by the Centers for Medicare and Medicaid Services (CMS), under the
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