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Patient Care| Health IT, Digital Health Impact | News, Analysis, Insights - HIT Consultant

Top 5 Business Opportunities for Digital Health Companies in 2021. Where Is The Money?

by Ralf-Gordon Jahns, Managing Director of R2G 01/25/2021 Leave a Comment

op 5 business opportunities for digital health companies in 2021. Where is the money?

For many companies, 2020 has been a devastating year due to the consequences of the COVID-19 pandemic. While the same can be said for the digital health sector, the pandemic has also paved a way for unexpected and extraordinary business opportunities in 2021. Good ideas with a business loan from online lenders such as Biz2Credit are the ingredients for a successful business venture in this pandemic. In 2020, Digital health start-ups and more established companies have suffered, as have other
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Challenges of Operationalizing Remote Patient Monitoring Data

by Roberto Martinez, President, Mexico, Encora 01/21/2021 Leave a Comment

Challenges of Operationalizing Remote Patient Monitoring Data

Among the many evolving technologies in the healthcare industry, there may be none more important or impactful than remote patient monitoring (RPM) hardware and software solutions. This technology is opening up new possibilities in extended healthcare – saving patients money, limiting visits to the doctor’s office, and providing healthcare professionals with powerful tools for diagnosing and treating patients. As these tools continue to mature, software and hardware developers are solving
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Biobeat Launches Home-Based Remote Patient Monitoring Kit

by Fred Pennic 01/20/2021 Leave a Comment

Biobeat Launches Home-Based Remote Patient Monitoring Kit

What You Should Know: - Today, Biobeat, developer of AI-powered remote patient monitoring solutions, announced the launch of its home patient monitoring kit. - The kit, which includes chest-monitors, compatible adhesive units, and a user-friendly manual, allows healthcare providers to bring hospital-level care to patient homes by empowering health staff and patients with proven wearable AI-powered remote patient monitoring technology. Biobeat, an Israeli-based continuous remote
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HealthStream Acquires Policy Management System ComplyALIGN for $2M

by Jasmine Pennic 01/20/2021 Leave a Comment

HealthStream Acquires Policy Management System ComplyALIGN for $2M

What You Should Know: - HealthStream, a provider of workforce and provider solutions for the healthcare industry acquires ComplyALIGN (incorporated as ProcessDATA, Ltd.), a Chicago-based healthcare technology company for $2M in cash. - The number of policies and procedures that a typical hospital needs to manage and continue to process rarely falls below one thousand. Staff members must know what’s expected of them and have rules and procedures to guide their day-to-day
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Philips Acquires Medical Device Integration Platform Capsule for $635M

by Fred Pennic 01/19/2021 Leave a Comment

Philips Acquires Medical Device Integration Platform Capsule for $635M

What You Should Know: - Philips announces the acquisition of Capsule, a leading vendor-neutral Medical Device Integration Platform with a software-as-a-service business model - The Capsule acquisition is a strong fit with Philips’ strategy to transform the delivery of healthcare along the health continuum with integrated solutions. Philips, today announced that it has signed an agreement to acquire Capsule Technologies, Inc., an Andover, MA-based provider of medical device
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Transitioning from Traditional to E-Fax: How Healthcare Communications are Transforming Post-COVID

by Michael Morgan, President of Updox 01/15/2021 Leave a Comment

Telehealth After COVID-19: What's Next for the Healthcare Industry?

The majority of industries have decreased or eliminated their use of the traditional fax machine over the past decade, including aviation, retail, and even finance. While the healthcare industry is at the forefront of disease research and treatment, however, it is still heavily reliant on this aging technology.  Traditional fax has become ubiquitous in healthcare. It worked for health systems for many years, but the overwhelming volume of patient data and paper documents the healthcare
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Shields Health Solutions, ExceleraRx Announce Specialty Pharmacy Merger – M&A

by Jasmine Pennic 01/12/2021 Leave a Comment

Shields Health Solutions, ExceleraRx Announce Specialty Pharmacy Merger – M&A

What You Should Know: - Shields Health Solutions and Excelera announce a major specialty pharmacy merger that will form a combined company that consults with 700+ hospitals in 43 states, including Mass General Brigham, Yale New Haven, Intermountain Healthcare and Henry Ford. - The network of hospitals is designed to improve patient care through an infrastructure that helps with things like acquiring prior authorization for specialty drugs and staying adherent to them. It can also lower
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TigerConnect Acquires Hospital Middleware Solution Critical Alert – M&A

by Fred Pennic 01/06/2021 Leave a Comment

M&A: TigerConnect Acquires Hospital Middleware Solution Critical Alert

What You Should Know: - TigerConnect has announced an expansion in their suite through the acquisition of Critical Alert, a leading provider of enterprise-grade middleware for hospitals and health systems. - For the hundreds of thousands of nurses that currently use TigerConnect, these new capabilities will deliver real-time, contextual information to their mobile device or desktop to allow them to work smarter, prioritize responses, and efficiently coordinate care, all within the
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UnitedHealth Group Acquires Change Healthcare to Combine with OptumInsight for $13B

by Fred Pennic 01/06/2021 Leave a Comment

Change Healthcare Acquires Credentialing Tech Docufill to Improve Administrative Efficiency

What You Should Know: - UnitedHealth Group has reached an agreement to acquire Change Healthcare in a deal valued at more than $13 billion, marking the first major acquisition of 2021. - Change Healthcare will be combined with OptumInsight to advance a more modern, information, and technology-enabled healthcare platform. UnitedHealth Group’s has reached an agreement to acquire healthcare technology leader Change Healthcare for more than $13B. As part of the acquisition,
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Meaningful Use of Genomics Requires Informatics Beyond EMRs

by Assaf Halevy, Founder and CEO of 2bPrecise 01/06/2021 Leave a Comment

Why EHRs fall short w/ providing valuable genetic insights

Electronic medical records (EMRs) are widely expected to serve as a cornerstone technology that drives the delivery of modern patient care.  But can the EMR alone support all the informatics capabilities required by an ever-evolving healthcare industry? The rapid growth of precision medicine, particularly the use of genetic and genomic information during clinical decision making, is a compelling example that functionality beyond the EMR is required. Not only does genomic data represent a
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