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Payers| Payer Industry Impact for Patients, Clinicians, and Healthcare Organizations | News, Analysis, Insights - HIT Consultant

Why Healthcare Needs Tech-Enabled Human Intervention

by Thomas Ferry, Engooden Health President and CEO 09/06/2022 Leave a Comment

Why Healthcare Needs Tech-Enabled Human Intervention

There's a "perfect storm" facing healthcare today: Chronic disease prevalence, physician shortages, and a growing population aging into Medicare are set to overwhelm our healthcare system if action isn't taken. Over 133 million Americans have at least one chronic disease, and as that number continues to rise, delivering adequate care to these patients has never been more challenging. It's widely understood that factors beyond the clinic primarily influence health. Yet the expectation remains
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KLAS: 7 Key Healthcare Trends in Microsoft Cloud Technologies in 2022

by Syed Hamza Sohail 09/02/2022 Leave a Comment

KLAS: 7 Key Healthcare Trends in Microsoft Cloud Technologies in 2022

What You Should Know: - A new report from KLAS focuses on healthcare-specific deployments of Microsoft Cloud Technologies, especially Microsoft Azure, which is receiving strong market interest. - This study is meant to help organizations considering Microsoft Cloud technologies understand their current use, the overall customer experience, and the impact of the solutions. Key Healthcare Trends in Microsoft Cloud Technologies in 2022 While still early, healthcare is gaining momentum
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Connected Pharmacy MedMinder Raises $35M for Polypharmacy & Senior Patients

by Syed Hamza Sohail 08/31/2022 Leave a Comment

Connected Pharmacy MedMinder Raises $35M for Polypharmacy & Senior Patients

What You Should Know: - MedMinder, a provider of connected pharmacy care for polypharmacy and senior patients, announced it has closed an additional $35 M in funding through a credit facility with SWK Holdings Corporation and additional investment from existing equity partner, Accelmed Partners. - The additional funding will allow MedMinder to further its mission of enabling patients to age at home by increasing its capacity to meet growing demand, offering its holistic pharmacy services
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Olio Health Raises $13M for Post-Acute Engagement for Health Systems

by Syed Hamza Sohail 08/30/2022 Leave a Comment

Olio Health Raises $13M for Post-Acute Engagement for Health Systems

What You Should Know: - Olio Health, an Indianapolis, IN-based workflow and collaboration platform for the post-acute care and population health industry, raised $13m in Series A funding. - The round was led by Fulcrum Equity Partners with participation from Mutual Capital Partners. The company intends to use the funds to further accelerate its growth through product development and key hires across multiple departments.  - Led by Ben Forrest, CEO, Olio provides a platform for
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KLAS: Security & Privacy Consulting Services 2022

by Syed Hamza Sohail 08/30/2022 Leave a Comment

Can Healthcare Withstand Hacking? Healthcare Apps Contain Vulnerabilities

What You Should Know: - Cybersecurity attacks are on the rise, and healthcare organizations are especially at risk. Security vulnerabilities can lead to financial penalties imposed by OCR, damaged organization reputations, and the increased risk of patient safety and data being compromised. - A new report by KLAS examines several such firms (and one cross-industry firm) to determine who effectively assists in reducing risk, engages closely with clients, and exceeds expectations. Using
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HealthTeam Advantage Integrates With Bamboo Health’s Pings Solution

by Syed Hamza Sohail 08/24/2022 Leave a Comment

HealthTeam Advantage Integrates With Bamboo Health’s Pings Solution

What You Should Know: - Bamboo Health™  recently announced that HealthTeam Advantage (HTA), the business name of Care N’ Care Insurance Company of North Carolina, Inc., has integrated Bamboo Health’s Pings™ solution. - The Pings rollout delivers real-time admission, discharge, and transfer (ADT) e-notifications for HTA’s 15,000 North Carolina PPO and HMO Medicare Advantage plan members. Using Real-Time E-Notifications to Lower Costs and Improving High Quality Care Bamboo Health
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AI Provider Anomaly Launches Tech to Predict Claims Denials with 97% Accuracy

by Fred Pennic 08/22/2022 Leave a Comment

AI Provider Anomaly Launches Tech to Predict Claims Denials with 97% Accuracy

What You Should Know: - Anomaly, a precision payments company streamlining healthcare billing and payments for providers and payers, today announced its new offering Anomaly Smart Response. - Smart Response uses AI to enable providers and payers to reduce avoidable claim denials and rework and increase payment transparency, top priorities for healthcare stakeholders. Smart Response complements Anomaly’s planned suite of products powered by its AI claim prediction engine, including
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Nuance & Covera Launches Nationwide Radiology Quality Care

by Syed Hamza Sohail 08/17/2022 Leave a Comment

Nuance & Covera Launches Nationwide Radiology Quality Care

What You Should Know: - Covera Health, Inc. and Nuance Communications, Inc., today introduced the Quality Care Collaborative (QCC), the first national program that brings together payers, providers, and self-insured employers to support radiology quality improvement initiatives at scale. - The QCC joins Covera’s clinical intelligence platform and Nuance’s Precision Imaging Network™ to enable providers, payers, and employers to work together in a
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GE Healthcare Makes Strategic Investment in AliveCor

by Syed Hamza Sohail 08/17/2022 Leave a Comment

AliveCor Launches KardiaMobile Card, World’s First Credit-Card-Sized Personal ECG

What You Should Know: - AliveCor, the global leader in FDA-cleared personal electrocardiogram (ECG) technology, recently announced its Series F Financing led by GE Healthcare. - The round also included participation from Pegasus Tech Ventures) and existing investors including Khosla Ventures, Bold Capital Partners, Qualcomm Ventures, and WP Global Partners. Providing End-to-End Cardiological Care Using Subscription Services AliveCor, Inc. is transforming cardiological care using deep
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How Actionable Data and Expert Analysis Supports Service Providers, Fosters Better Care and Ensures Financial Benefits

by Ashish Kachru, CEO, DataLink 08/16/2022 Leave a Comment

How Actionable Data and Expert Analysis Supports Service Providers, Fosters Better Care and Ensures Financial Benefits

Approximately 42% of Medicare beneficiaries are enrolled in Medicare Advantage plans—a segment projected to reach 46% by 2025. Due to rapid growth of the 65-and-older portion of the population, Medicare expenditures are forecast to reach $1,559.4 billion in 2028, with spending per enrollee reaching $20,751.  Key trends are influencing this growth, including: - An aging population - Continued increase in overall Medicare costs - Government support and benefit flexibility (e.g.,
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