Last week saw Teladoc Health release its 1Q20 financial results giving the US telehealth industry a first glimpse of how COVID-19 is impacting the ambulatory virtual care market. Discussion around the crisis and its impact on telehealth has been rife since early March and the data published by Teladoc Health highlights that this was justified.
The company reported that the number of virtual care consults in the quarter had passed the 2 million mark, up approximately 60% from the 1.24M
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Medicare Insurance| Regulatory, Policy, Patients Analysis, Insights - HIT Consultant
Innovaccer Launches FHIR Enabled Data Activation Platform to Power Innovation to Care as One
What You Should Know:
- In accordance with ONC's latest interoperability rule, 21st Century Cures Act, Innovaccer has launched its FHIR® Enabled Data Activation Platform.
- The platform provides a rich set of capabilities from scalable FHIR application programming interfaces (APIs), optimized FHIR data lake, best-in-class API gateway, hundreds of analytical enrichments like HEDIS scores, and cloud infrastructure.
- The platform is already deployed at several of our customer sites
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Post COVID-19 Care: 1 in 2 Adults Will Change How They Access Care
What You Should Know:
- Sapphire Digital survey reveals following the COVID-19 pandemic, 1 in 2 adults will change how they access care including care selection decision and cost concerns.
- Nearly half (47%) of Americans age 18-64 surveyed are more concerned about the cost of health care now than they were before COVID-19.
Nearly 1 in 2 adults (47%) will change how they access care
following the COVID-19
pandemic, according to results of a survey by Sapphire Digital
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COVID-19 Crisis Makes Complying with Data Interoperability a Priority
With healthcare organizations focused on battling COVID-19, the recent federal healthcare regulation requiring data interoperability may have become an afterthought. However, compliance with this rule will create a powerful tool for fighting COVID-19 recurrences and future pandemics.
If interoperability had gone into effect earlier this year as originally scheduled, many insurance companies and the federal government would now be able to securely share the data they have for most of the
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Measures Adopted by Public Health Agencies to Mitigate the Consequences of COVID-19
The number of people infected by COVID-19 worldwide is quickly moving toward 2 million and almost 33% of them are from the U.S. The circumstance is past dreary and administrative bodies in the U.S. are acting rapidly to contain the harm coming about because of the spread of this novel infection.
Starting with the entry restrictions, federal agencies and healthcare regulatory bodies have executed a few measures to ensure the wellbeing and interests of healthcare professionals, program
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Coding in Age of COVID-19: Deciphering Coding Nuances, Best Practices
Without much warning, the novel Coronavirus, or COVID-19, has taken over our healthcare system. It has taxed our healthcare workers, our national stockpiles of PPE, and affected millions of Americans nationwide. In addition to healthcare workers on the front lines, the pandemic has also impacted the healthcare revenue cycle, causing major confusion, questions, and inconsistencies as coding specialists learn the latest COVID-19 codes and guidelines at warp speed. With cases rising by the tens of
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XRHealth Lands $7M to Expand Telehealth VR/AR Platform
What You Should Know:
XRHealth raises $7M in funding to expand its telehatlh virtual reality (VR)/augmented reality (AR) platform for clinicians and patients.
XRHealth is the first certified Extended Reality medical
company in the world; their Medical Applications are FDA & CE
Registered.
XRHealth created the first virtual reality telehealth
clinic in the world that is currently certified in 17 states.
XRHealth, formerly known as VRHealth a provider of extended
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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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The Technological Ironies of the Current State of Value-Based Care
Even though many think of 2008 as the first time CMS began emphasizing quality over quantity via the Medicare Improvements for Patients and Providers Act (MIPPA), the truth is that we’ve been on a 30-plus-year journey to get to this point.
It really started when managed care became a hot trend, but eventually, the friction between payers and providers was too high and patients were caught in the middle. Then came accountable care, which while still important today, ultimately isn’t creating
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Aledade Raises $64M for Value-Based Care Network of Physician-Led ACOs
What You Should Know:
- Aledade raises $64M in Series C funding led by OMERS Growth Equity to expand its national network of more than 500 physician-driven accountable care organizations (ACOs) across 27 states.
- To date, Aledade’s ACOs care for more than 840,000 patients and manage more than $7.5 billion in health care spending through 38 Medicare and 42 other value-based contracts.
Today, Aledade announced
it has closed a $64 million Series C funding round following the
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