What You Should Know:
- LeanTaaS
raises $130 million in Series D Funding to strengthen its machine learning platform
to continue helping hospitals achieve operational excellence during a time
where they are facing mounting financial pressures due to COVID-19.
- LeanTaaS provides software solutions that combine lean
principles, predictive analytics, and machine learning to transform hospital
and infusion center operations to improve operational efficiencies, increase
access, and
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Patient Experience| How Digital Health Solutions is Transforming the Patient Experience | |News, Analysis, Insights - HIT Consultant
5 Steps for Interoperability Excellence for Healthcare Providers
As if 2020 couldn’t be any more challenging for healthcare providers, new federal rules on interoperability and patient access, granting patients direct access to their healthcare data, begin taking effect in 2021 and will continue into 2022. These rules, while ultimately beneficial to patients, bring an additional level of operational complexity to many revenue-stressed healthcare organizations.
If anything, the 2020 pandemic has illustrated the vast potential of interoperability. For
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4 Actions to Elevate the Patient Experience and Spark Growth
What You Should Know:
- According to a new report from Accenture, 2 out of 3 patients are likely to switch to a new healthcare provider if their expectations for managing COVID-19 are not met, including sanitary and safety protocols, access to up-to-date information, and the availability of virtual care options.
- Accenture identified four ways to improve the patient experience, and therefore your path to recovery, during, and after the pandemic.
The COVID-19 pandemic forced
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M&A: Olive Acquires AI Prior Authorization Company Verata Health
What You Should Know:
- On the heels of $225.5 million dollars in funding and a
$1.5B valuation this week, Olive today announced its acquisition of Verata
Health to create a combined AI prior authorization solution for providers and
payers under the Olive name.
- Prior authorization is a $31 billion dollar issue in
healthcare, and one of the top reasons patient care is delayed. Olive is now
able to reduce write-offs by over 40% and cut turnaround times for prior
authorizations by up to
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Brigham, Biofourmis Co-Develops Tech Solution to Enable Home Hospital Care
What You Should Know:
- Brigham is working with Biofourmis on a national
rollout of their co-developed technology solution, which has been refined and
scaled for use by other healthcare systems across the country seeking to
establish and execute similar home hospital programs to alleviate COVID-related
capacity issues and to receive 1:1 parity on payments from CMS.
- The Hospital@HomeTM platform provides a turnkey,
end-to-end ecosystem for any health system that wants to quickly launch
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Providence Taps Nuance to Develop AI-Powered Integrated Clinical Intelligence
What You Should Know:
- Nuance Communications, Inc. and one of the country’s
largest health systems, Providence, announced a strategic collaboration,
supported by Microsoft, dedicated to creating better patient experiences and ease
clinician burden.
- The collaboration centers around Providence harnessing
Nuance’s AI-powered solutions to securely and automatically capture
patient-clinician conversations.
- As part of the expanded partnership, Nuance and
Providence will jointly
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ASN, HHS Launches KidneyX COVID-19 Kidney Care Challenge
What You
Should Know:
- The HHS and the American Society of Nephrology announces the launch of the COVID-19 Kidney Care Challenge.
- The $300k
challenge aims to identify and share these frontline solutions so all
communities can benefit. Winners will receive $20,000 each in recognition of
their solutions.
The U.S. Department of Health and Human Services (HHS)
and the American Society of Nephrology (ASN) launched the KidneyX COVID-19 Kidney
Care Challenge . The $300,000
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COVID-19 Underscores Need for Identity Governance Administration
If you work in healthcare, chances are that the COVID-19 pandemic forced you to quickly scale up or move staff around to manage the onslaught of patients. The demand for clinicians and support staff grew alongside the spread of the virus, making organizations add clinicians or reassign employees with new or modified roles: Ambulatory nurses went down in the Emergency Department or Isolation Ward, revenue cycle folks started doing transport, and so on. In some cases, former staff or retired
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Redox Integrates Voluntis’ Digital Therapeutics Within EHR
What You Should Know:
- Voluntis forms a strategic partnership with Redox to integrate Voluntis' digital therapeutics within existing clinical workflows and EHRs.
- Integration of Voluntis’ Theraxium platform with the
Redox Engine used by more than 900 healthcare organizations using 55 EHRs
across the country.
- The first area of this application will be in oncology,
with future extensions in other therapeutic areas. As a result, clinical staff
will be better equipped to serve each
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Florida Health System to Implement Fully Digital Patient Smart Rooms
What You Should Know:
- Healthcare innovators NCH Health Systems and eVideon, have partnered to transform the health systems’ patient rooms into an immersive digital experience.
- eVideon’s Smart Room solution includes smart TVs, tablets, digital whiteboards, and more to be implemented across NCH hospitals to improve patient engagement, education, and entertainment.
- The technology will also benefit the NCH Health
System’s clinical staff by improving workflows and automating
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