Imagine having to make a large purchase, but not having any insight into how much it will cost or if you will be able to access it after you have purchased it. Most consumers wouldn’t make an investment like that; they would demand information into where their money is going and what they would be bringing home with them. But as patients, this is a scenario that can be all too familiar: we aren’t sure what we’re going to have to pay and then don’t have much if any, understandable information to
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patient engagement
Patient Engagement| Health Systems, Clinicians, Patients, Payers | News, Analysis, Insights - HIT Consultant
Healthcare Virtual Assistant Market to Reach $1.76B by 2025
The global healthcare virtual assistant market is expected to grow at a CAGR of 24.7% from 2018 to reach $1.76 billion by 2025, according to market research published by Meticulous Research.The emergence of Healthcare Virtual Assistant MarketVirtual assistants are AI and rule-based systems that interact with humans to perform various tasks. These assistants use cognitive technologies such as machine learning, natural language processing, and neural networks to enable interactive communications
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Apple Health Records Now Available to Allscripts EHR Clients & Patients
Allscripts announced that Apple Health Records is now available for Allscripts Sunrise, TouchWorks and Professional EHR clients and their patients. Apple Health Records brings together hospitals, clinics and the existing Apple Health app to make it easy for individuals to see their available health data from multiple providers whenever they choose.Health Records is available for iPhone users running iOS 11.3 or higher. This latest offering is an addition to Allscripts robust patient engagement
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PE Firm Backs Nation’s Largest Care Coordination Company ChartSpan
Blue Heron Capital, a growth private equity (PE) firm based in Richmond, Virginia has announced its investment in a Series A round of funding in ChartSpan, the largest healthcare managed service provider of chronic care management. The firm is part of a five-investor syndicate.Impact of Chronic Conditions on Patient Health OutcomesAn alarming 75% of Americans over the age of 65 live with multiple chronic conditions that require ongoing medical attention and often impact their ability to live
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Report: Health Systems Are Struggling to Simplify Patient Billing & RCM Processes
Today’s health systems are prioritizing patient financial experiences, yet many still struggle to simplify patient billing and align it with revenue cycle management (RCM), according to an in-depth study, commissioned by patient payment and engagement platform Cedar and conducted by The Health Management Academy (The Academy). The Cedar and Academy study examined practices at 20 of the top 100 U.S. health systems including qualitative and quantitative analyses of 23 senior executives
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M&A: Experian Acquires Care Coordination Platform MyHealthDirect
Experian has acquired MyHealthDirect, a developer of digital care coordination solutions based in Nashville that optimizes scheduling and care planning for providers, payers and consumers. The move gives Experian’s health business a strategic boost as it continues enabling clients to meet the changing demands of consumers – in particular, demands around removing complexity and increasing transparency in healthcare. Financial details of the acquisition were not disclosed. Growing Importance of
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Research: July Digital Health IPOs, M&A Activity, Public Company Performance Summary
Summary of Health IT/digital IPOs, merger & acquisition (M&A) activity, and public company performance during the month of July.
Digital Health IPOs in July
Breaking the digital health IPO drought, there were four initial public offerings (IPOs) during a five-week period from late June to late July, including Livongo, Health Catalyst, Phreesia, and Change Healthcare. The last health IT companies to reach IPO were iRhythym Technologies and Tabula Rasa Healthcare in late 2016 -
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Patient Communications: Blending Digital Tools With The Human Touch
Today’s patients have high expectations when seeking information and services about healthcare. As generations Y and Z mature and become responsible for their own healthcare, the industry needs to adapt and evolve their communications strategies in order to connect with customers in a format they prefer. This is also important for the wellness of your business.
But the challenge for healthcare provider organizations looking to retain current patients and attract new ones is in striking
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Health Catalyst IPO Journey: Future Opportunities & Challenges to Watch
Last week saw Health Catalyst common stock begin trading on the Nasdaq Global Select Market. This marks the culmination of a journey that started 11 years ago and provides a great illustration of a start-up that has maximized the potential of the move in healthcare to value-based care. However, the IPO comes at a time where there is some uncertainty gripping the markets it targets and there are several key challenges for Health Catalyst to overcome in order to drive future success. Here’s our
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Orca Health Integrates Smart Apps With Redox’s EHR Integration Platform to Power Secure Patient Care Plans
A new collaboration between Orca Health and Redox will allow Orca to integrate their smart apps with health systems looking for a modernized approach to the patient experience. Starting in the waiting room and extending along the continuum of care, Orca Health’s smart apps allow providers to guide, accompany, and instruct patients while simultaneously gathering a wealth of actionable data. Using Redox’s full-service EHR integration platform, Orca will quickly and securely transfer patient care
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