Notwithstanding the quite significant stock market turmoil for publicly traded healthcare companies in recent months, the level of private investment activity continued to be quite strong this past quarter. According to Rock Health, 1Q19 registered just under $1.0 billion of investments made in 61 healthcare technology companies, which while below the trailing two year quarterly average of $1.4 billion, still suggests an annual investment pace running toward $4.0 billion. StartUp Health, which
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Medicare Insurance| Regulatory, Policy, Patients Analysis, Insights - HIT Consultant
CMS Primary Cares Initiative With 2 New Payment Models Launches
On Monday, CMS Secretary Alex M. Azar II announced the launch of CMS Primary Cares—an initiative with two sets of new payment models that will enroll a quarter or more of traditional Medicare beneficiaries and a quarter of providers in arrangements that pay for keeping patients healthy, rather than ordering procedures.New Primary Care Payment Models1. The Primary Care First path will allow smaller primary care practices to be paid a simple, flat stream of revenue for each patient. When a patient
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Innovaccer Launches AI-Powered Pediatric Care Management Solution
Innovaccer Inc., a San Francisco-based data activation company, today announced the launch of its Pediatrics Care Management solution specifically designed to bring the entire care network together to fulfill every child’s needs. The solution will assist pediatric care organizations in bringing together information that spans across multiple venues, clinicians, and stages of life.Pediatric-Specific Measures Are Not Widely AvailableValue-based payment reforms have made quite an impact on US
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AllyAlign Health Raises $10M to Power Value-Based Care for Seniors
AllyAlign Health, a Richmond-based developer and administrator of Medicare Advantage special need plans that benefit long-term care providers has raised $10M in strategic funding led by McKesson Ventures. Existing investors Heritage Healthcare Innovation Fund, Health Enterprise Partners and the LinkAge Fund also participated in the financing. This brings the total capital raised to over $41 million.AllyAlign Health BackgroundAllyAlign Health (AAH) began reforming the health system in 2014 by
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How Can Health System Command Centers Reduce Cost Growth?
Scott Newton, DNP, RN, MHA, EMT-P, VP of Care Model Solutions at Teletracking In our decentralized care landscape, health system command centers (HSCC) are coordinating high-quality care through complex and integrated delivery networks (IDN). Recently, command centers were recognized by KLAS and Gartner as a new model of care delivery with the potential to impact clinical, financial, and operational outcomes. That means in addition to improving routine health system operations—and increasing
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InterSystems Unveils New HealthShare Provider Directory with Unified Care Record
InterSystems has announced the 2019.1 version of the HealthShare® product suite of connected health solutions. The newest member of the suite is the HealthShare Provider Directory, which offers a single source of truth for provider demographic and professional relationship information.Impact of Inaccurate Provider InformationInaccurate provider information has consequences – for patients, payers, and the providers themselves. Wrong telephone numbers and location information limits access to
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The Four Cs: A Call to Action for Digital Health Tools
The United States spends more of their GDP on healthcare than any other developed nation, and yet it produces some of the poorest outcomes — notably in the field of maternal and infant health.
The advent of digital health has presented the opportunity for a paradigm shift in the delivery of care, and support from investors and policy-makers shows that as far as they’re concerned, digital health is not a new frontier for healthcare, but the current playing field.
A staggering $14.6B in funding
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Cerner, naviHealth to Launch Medicare BPCI Advanced Offering
Cerner and naviHealth, a provider of post-acute management has announced an expanded relationship with plans to create a new offering for the Medicare’s Bundled Payments for Care Improvement Advanced program (BPCI Advanced). After working together for five years to streamline electronic workflows for post-acute discharge, Cerner and naviHealth anticipate launching the new value-based care offering to support BPCI Advanced, with an initial focus on the next CMS launch of the program in January
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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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The Cost of Medical Device Innovation: Can The U.S. Keep Pace?
Over the last six years, the U.S. Food and Drug Administration has approved a number of highly innovative medical devices that have revolutionized cardiovascular care. These novel devices have provided advanced treatment options, improved quality of life and extended longevity for patients. Unfortunately, reimbursement has often failed to keep up with many of increasingly expensive treatment options, according to a new report released by Vizient. The report, The cost of medical device
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