What You Need to Know:
- Today, Suki announced a Series B funding round of $20 million, led by new investor Flare Capital Partners and including top investors like First Round and Venrock.
- In just two years, Suki has established its product as a leading solution to address the urgent crisis of physician burnout and is already trusted by independent and group practices as well as leading systems like Sutter Health and Ascension.
- Suki will use the funding to expand its user base
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medical groups
R1 Expands Revenue Cycle Management Offering to More Medical Groups
- R1 announced an expansion of its revenue cycle management services, making them available to large independent practices and hospital-owned groups.- Now groups beyond hospitals and health systems will be able to use R1’s industry-leading RCM tools designed to enable the best quality clinical care and financial expectation setting for even more patients.- This new slate of provider organizations and patients will also benefit from R1’s recent acquisition of SCI, offering access to the broadest
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VerityStream Acquires CredentialMyDoc for $9M in Cash
- VerityStream acquires CredentialMyDoc, a Savannah, GA-based web-based, software for credentialing and provider for $9M in cash. - The acquisition of CredentialMyDoc bolsters VerityStream’s leadership position in the outpatient facility market segment.VerityStream, f/k/a Verity, a wholly owned subsidiary of HealthStream (Nasdaq: HSTM), which is focused on delivering enterprise-class solutions that are transforming credentialing, enrollment, privileging, and evaluations for healthcare
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CHG Healthcare Acquires Physician Credentialing Company Modio Health
- CHG Healthcare has acquired physician credentialing company Modio Health for an undisclosed term. - Modio and CHG are combining forces to improve credentialing for CHG employees and the thousands of providers and healthcare facilities it works with, making the process faster, safer, and more cost-effective.Healthcare staffing company CHG Healthcare has acquired Modio Health, a San Francisco, CA-based physician credentialing provider. The acquisition will improve credentialing for Change
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How A Hybrid Cloud Fax Solution Protects Patient Health Information
Electronic health and medical records (EHRs) enhance the patient experience and improve care coordination, but they can also put patients and providers at risk if they are not protected. Security vulnerabilities can arise from communicating via unsecured channels such as email and can result in data breaches, compromised patient records, and even identity theft. As medical records contain personal information such as social security numbers and insurance ID numbers, they are often even more
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Ontellus Acquires Secure Medical Records Exchange Portal ChartSwap
Ontellus, a nationwide full-service procurer of medical, billing, employment records, and other claims related data services has acquired Chartswap, a cloud-based HIPAA compliant medical record exchange portal.ChartSwap BackgroundFounded in 2012 by Randy Haynes, Chartswap’s (B2B) health information exchange portal connects provides hospitals and other medical care facilities with the ability to securely delivery patient records. From a single cloud-based platform, requestors can safely order,
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CareCloud EHR Integrates With Google Cloud Healthcare API for FHIR
CareCloud, an EHR and practice management platform for high-growth medical groups, announced today that it is integrating its omnidirectional data transfer process with Google Cloud Healthcare API. The integration will enable payer data to be securely, rapidly and cost-effectively shared and used in real-time with existing payer and provider systems handling activities such as member eligibility verification, claims history and claims processing.Integration Creates FHIR Bridge in Google
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Premier Launches Physician Enterprise Collaborative to Identify Margin Improvements for Medical Groups
Premier Inc., a healthcare improvement company, is launching a new performance improvement collaborative to help health systems navigate the integration and alignment of employed and affiliated medical groups while optimizing overall practice performance. The Physician Enterprise Collaborative seeks to help medical groups identify margin improvements equivalent to 5 to 7 percent of professional net patient revenue (cash collections of billing activity).Officially beginning in June 2018,
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Healthcare Blockchain Startup Mint Health Unveils White Paper for Vidamint Tokens
MintHealth, a global decentralized health platform with a portable, secure, and self-sovereign personal health record (PHR) built on blockchain technology and designed to drive healthy patient behavior through the Vidamint™ token. MintHealth announces the immediate availability of the associated white paper behind a planned Vidamint (VIDA) token sale in Q1 of 2018. The company also announces the addition of Wyche “Tee” Green, III, founder and director of Greenway Health™, to the MintHealth Board
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Black Book: 94% of Physicians Find Digital Health Data Overwhelming, Redundant
94 percent of physicians find all that digital health data overwhelming, redundant and unlikely to make a clinical difference, according to Black Book’s recent consumer survey. Conducted from September through December 2016, the survey asked 12,090 adult consumers to evaluate the technology they were exposed to, know of or interacted with as an active patient in the last twelve months.The report revealed that 94 percent of consumers with health or activity trackers said their physician informed
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