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Patient Experience| How Digital Health Solutions is Transforming the Patient Experience | |News, Analysis, Insights - HIT Consultant

Capital One Leads $2.3B Financing for R1 RCM

by Jasmine Pennic 09/07/2022 Leave a Comment

Capital One Leads $2.3B Financing for R1 RCM

What You Should Know: - Capital One Commercial Bank just announced it served as a joint lead arranger for an amended and restated credit facility for R1 RCM, a leading provider of technology-driven revenue cycle management (RCM) solutions for the healthcare industry.  - This $2.3 billion financing will help RI RCM tackle the industry’s labor and reimbursement challenges and help healthcare provider organizations reduce costs, increase revenue, and improve the patient
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Techstars Relaunches Healthcare Accelerator in Los Angeles

by Fred Pennic 09/07/2022 Leave a Comment

Techstars Relaunches Healthcare Accelerator in Los Angeles

What You Should Know: - Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs announces today the relaunch of Techstars Healthcare sponsored by Cedars-Sinai, Point32Health, UCI Health, and UnitedHealthcare. - The consortium-led accelerator program will be based in Los Angeles and select 12 high-growth startups to participate in its intensive 13-week program. Startups will receive capital,
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Harnessing Healthcare Data: How the Right Low-Code Solution Empowers Clinicians & Improves Patient Experience

by Ryan Kimber, CEO and Co-Founder, Daylight 08/30/2022 Leave a Comment

Harnessing Healthcare Data: How the Right Low-Code Solution Empowers Clinicians & Improves Patient Experience

The healthcare industry has been slowly adopting new technology solutions to improve efficiency and patient care, but it’s still largely known for paper-based processes, and for having massive amounts of data1. To make matters worse, it’s estimated that 80% of the data in the healthcare industry is unstructured, in the form of discharge summaries, medical images, and clinical notes.2   Even though the industry has started to adopt technology tools to get better insights and
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How Service Line Alignment Can Improve Cost Savings for Health Systems

by Damian Chipriano, Director of Financial Services at Carilion Clinic 08/25/2022 Leave a Comment

Healthcare leaders continue to face new and complex challenges in a constantly evolving landscape, including staffing and capacity constraints, product shortages, and rising costs. These shifting demands change the expectations put on hospitals when it comes to both patient care and financial performance. As we’ve observed, this uncertainty was further amplified by the COVID-19 pandemic, which shined a light on many opportunities for improved financial and clinical operations across the
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Why There’s Renewed Interest In The Cloud for Healthcare

by Wes Wright, Chief Technology Officer at Imprivata 08/23/2022 Leave a Comment

Why There’s Renewed Interest In The Cloud for Healthcare

From the development of the EMR to the growth of telehealth, the digital environment for healthcare has evolved tremendously over the last few years. So, it’s no surprise that IT spending is set to increase by 12.3% for cloud computing,  9.7%, for digital transformation, and 9.7% for security software this year. Though healthcare organizations have historically been slower to adopt cloud, we’re now seeing renewed interest.  Has the pandemic caused a reaction among IT leaders to
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Health-Tech C2Q:22 Preview: 5 Key Driving Factors to Watch

by Syed Hamza Sohail 08/23/2022 Leave a Comment

Executive Insights: Top Healthcare Predictions & Trends to Watch in 2020

What You Should Know: - David Larsen, healthcare IT and digital health analyst at BTIG published a note highlighting his preview for health-tech Q2 earnings. - Given high inflation rates, costs for traveling nurses, and light volumes in 2Q:22, he is cautious on stocks that sell into the acute care market in the near term. An Overview According to the report, there are many macro headwinds that continue to affect the HCIT sector and the broader market, including inflationary pricing
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Uber Health Expands Internationally to Australia

by Fred Pennic 08/19/2022 Leave a Comment

Uber Launches Uber Health, an On-Demand Medical Transportation Service for Patients

What You Should Know: - Uber Health, Uber’s healthcare arm is expanding internationally, launching in Australia (its first market outside the U.S.), bringing Uber’s greater mission to healthcare organizations and patients across the country. - Over 3000 customers use Uber Health in the US. Following a pilot across Australia, the solution is now officially available to providers nationwide.  Uber Health in Australia By ensuring that more patients and staff are connected with
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Caregility and Eko Integrate to Address Gap in Telehealth

by Syed Hamza Sohail 08/18/2022 Leave a Comment

FDA Clears Eko’s Heart Disease Detection AI for Adults and Pediatrics

What You Should Know: - Caregility, an enterprise telehealth platform company, and Eko, the market leader in stethoscopes for telehealth, today announced an integration partnership. - Caregility’s cloud platform now seamlessly integrates with Eko’s smart stethoscopes and software, enabling users of Caregility’s iConsult application to perform high-quality auscultation (heart, lung, and other body sounds) on patients during a virtual physical exam. Addressing Virtual Care Gaps to Improve
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Rethinking Custom RTLS: Indoor Positioning Simplified as a Service

by Mohammed Smadi, Managing Director of PenguinIN 08/17/2022 Leave a Comment

Rethinking Custom RTLS: Indoor Positioning Simplified as a Service

For healthcare facilities, real-time location services (RTLS) were initially established on premise for patient safety to later become a priority in mainstreaming operations, improving patient care and experience and employee satisfaction.  Originally introduced to the industry as a security-centric measure to protect newborns, and prevent infant abduction, RTLS was a simple solution that has been effective, and facilities began to see a number of additional benefits. But it required a
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UNC Health, Partners with WELL Health/Gozio to Improve Mobile App

by Syed Hamza Sohail 08/10/2022 Leave a Comment

UNC Health, Partners with WELL Health/Gozio to Improve Mobile App

What You Should Know: - UNC Health has announced that it is releasing new features within its mobile platform. - Partnering with industry leaders, Gozio Health and WELL Health, UNC Health is integrating Gozio-powered wayfinding with the WELL Health patient communications platform to create a more seamless, integrated digital experience for patients. The result is a 443% increase in mobile downloads and interactions with a consumer-facing digital front door. Digital Elements to
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