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

DaVita & RenalytixAI Partner for Early Risk Identification to Help Slow Kidney Disease Progression

by Jasmine Pennic 01/05/2021 Leave a Comment

DaVita & RenalytixAI Partner for Early Risk Identification to Help Slow Kidney Disease Progression

What You Should Know: - RenalytixAI and DaVita announce a program partnership that aims to slow kidney disease progression and improve outcomes for the nation’s estimated 37 million adults with chronic kidney disease (CKD). - This is the first clinical-grade program that delivers advanced early-stage prognosis and risk stratification, combined with actionable care management to the primary care level where the majority of kidney disease patients are being seen. - The program will use
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20 COVID-19 Predictions and Trends for 2021 – Executive Roundup

by Fred Pennic 01/05/2021 Leave a Comment

20 COVID-19 Predictions and Trends for 2021 - Executive Roundup

Dr. Justin Graham, Chief Medical Officer, GYANT The rapid development of a COVID-19 vaccine is a monumental achievement, but it does nothing to address our extremely fragmented healthcare system. In 2021, policymakers must create and extend incentives to providers to work together to keep patients healthy rather than maximize profit. The pandemic has devastated the traditional fee-for-service budgets of many healthcare systems, and it isn't clear they will ever be able to catch up without
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12 Telehealth & Virtual Care Predictions and Trends for 2021 Roundup

by Fred Pennic 01/04/2021 Leave a Comment

12 Telehealth & Virtual Care Predictions and Trends for 2021

Dr. Paul Hain, Chief Medical Officer of GoHealth Telehealth is Here to Stay in 2021 Prior to the pandemic, telehealth was a limited ad-hoc service with geographic and provider restrictions. However, with both the pandemic restrictions on face to face interactions and a relaxation of governmental regulations, telehealth utilization has significantly increased from thousands of visits in a week to well over a million in the Medicare population. What we’ve learned is that telehealth allows
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2020’s Top 20 Digital Health M&A Deals Totaled $50B

by Fred Pennic 12/31/2020 Leave a Comment

2020’s Top 20 Digital Health M&A Deals Totaled $50B

Teladoc Health and Livongo Merge The combination of Teladoc Health and Livongo creates a global leader in consumer-centered virtual care. The combined company is positioned to execute quantified opportunities to drive revenue synergies of $100 million by the end of the second year following the close, reaching $500 million on a run-rate basis by 2025. Price: $18.5B in value based on each share of Livongo will be exchanged for 0.5920x shares of Teladoc Health plus cash consideration of
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30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021

by Fred Pennic 12/30/2020 Leave a Comment

30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021

As we close out the year, we asked several healthcare executives to share their predictions and trends for 2021. Kimberly Powell, Vice President & General Manager, NVIDIA Healthcare Federated Learning: The clinical community will increase their use of federated learning approaches to build robust AI models across various institutions, geographies, patient demographics, and medical scanners. The sensitivity and selectivity of these models are outperforming AI models
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5 Post-Acute Care Industry Trends to Watch in 2021

by Jasmine Pennic 12/29/2020 Leave a Comment

5 Post-Acute Care Industry Trends to Watch in 2021

What You Should Know: - Healthcare technology company Forcura names the five most significant trends for the post-acute care industry in 2021. The post-acute care (PAC) sector saw some of its most profound challenges this year, from deadly COVID-19 outbreaks in skilled nursing facilities (SNFs) to a suddenly accelerated need for the services provided by home health and hospice. The biggest question now is that what does the post-acute care future hold for all of us? Forcura, a
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For Better Patient Care Coordination, We Need Seamless Digital Communications

by Catherine Thomas, VP of Customer Experience & Dr. Peter S. Tippett, Founder and CEO of careMESH 12/22/2020 Leave a Comment

For Better Patient Care Coordination, We Need Seamless Digital Communications

A recent Advisory Board briefing examined the annual Centers for Medicare & Medicaid Services (CMS) Readmission penalties.  Of the 3,080 hospitals CMS evaluated, 83% received a penalty for payments to be made in 2021, based on expected outcomes for a wide variety of treated conditions. While CMS indicated that some of these penalties might be waived or delayed due to the impacts of the Covid pandemic on hospital procedure volumes and revenue, they are indicative of a much larger
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COVID-19 Exposed The True Vulnerability of Healthcare Infrastructure

by Martyn Crew, Director of Solutions Marketing at Gigamon 12/21/2020 Leave a Comment

How COVID-19 Exposed The True Vulnerability of Healthcare Infrastructure

In 2019, 41 million patient records breached in 572 reported incidents at an average cost of $1.8 million per breach. These statistics are far from surprising with healthcare records selling for a reported average of $45 on the dark web. Unfortunately, the year 2020 aggravated these issues as COVID-19 exposed the true vulnerability of the healthcare infrastructure. Organizations not only had to manage the medical and financial impacts of the pandemic but also the security risks inherent in the
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M&A: Philips Acquires Remote Cardiac Monitoring BioTelemetry for $2.8B

by Fred Pennic 12/18/2020 Leave a Comment

M&A: Philips Acquires Remote Cardiac Monitoring Platform BioTelemetry for $2.8B

What You Should Know: - Philips acquires BioTelemetry, a U.S. provider of remote cardiac diagnostics and monitoring for $72.00 per share for an implied enterprise value of $2.8 billion (approx. EUR 2.3 billion). - With $439M in revenue in 2019, BioTelemetry annually monitors over 1 million cardiac patients remotely; its portfolio includes wearable heart monitors, AI-based data analytics, and services. - BioTelemetry business is expected to deliver double-digit growth and improve its
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VHA Innovation Ecosystem Taps MDClone to Leverage Synthetic Data for Faster Healthcare to Veterans

by Fred Pennic 12/17/2020 Leave a Comment

VHA Innovation Ecosystem Taps MDClone to Leverage Synthetic Data for Faster Healthcare to Veterans

What You Should Know: - Data analytics and digital health company MDClone announced a partnership with the Department of Veterans Affairs’ (VA) VHA Innovation Ecosystem to democratize data and provide better, smarter, faster healthcare to U.S Veterans. - By leveraging MDClone’s data platform, the VHA is able to tackle this massive problem by securely accessing, organizing, and analyzing the critical health data of Veterans with the use of synthetic data – a breakthrough method pioneered
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