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

Waystar Launches AI/RPA Platform to Automate Revenue Cycle Processes

by Jasmine Pennic 02/24/2020 Leave a Comment

Waystar Launches AI-Powered Platform to Automate Revenue Cycle Processes

- Waystar Launches Hubble, an artificial intelligence and automation platform, Hubble that automates revenue cycle processes to help providers collect payment faster and more effectively. - The platform uses AI to help providers fix outdated and inefficient billing processes -- helping hospitals that are struggling financially, as well as helping patients avoid issues like surprise medical bills, by improving accuracy and price transparency.  Waystar, a Chicago, IL-based provider of
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Benefits of Store and Forward, or Asynchronous Telehealth Solutions

by Brooke LeVasseur, CEO of AristaMD 02/24/2020 Leave a Comment

The utility and benefit of store-and-forward, or asynchronous telehealth solutions

An introduction to asynchronous, or store-and-forward, as a modality of telehealth  As our healthcare system continues to innovate in order to meet demands and improve the delivery of value, various telehealth solutions have emerged and been implemented to increase efficiency, access to, and quality of care. Telehealth is a broad term encompassing “a collection of technology-based means or methods to enhance healthcare delivery and education.” As defined by the National Telehealth
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Innovaccer Raises $70M to Expand Healthcare Data Activation Platform

by Fred Pennic 02/14/2020 Leave a Comment

Innovaccer Unveils InData

- Innovaccer has recently raised $70 million in Series C funding from Tiger Global, Steadview Capital, Dragoneer, Westbridge, Mubadala and M12 (Microsoft’s Venture Fund) bringing their total capital raised to $120 million. - With the latest round of funding, Innovaccer will focus on its vision to help healthcare organizations care as one and scale the unified patient record. Innovaccer Inc., a Silicon Valley-based healthcare data platform company, announced today it has raised a total of
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symplr Acquires Quality & Risk Management Platform The Patient Safety Company

by Jasmine Pennic 02/14/2020 Leave a Comment

Symplur Acquistion of The Patient Safety Company

- symplr, a leading healthcare governance, risk and compliance (“GRC”) software-as-a-service (“SaaS”) platform has acquired Patient Safety Company, a quality and risk management platform for healthcare organizations. - The strategic acquisition further strengthens industry-leading healthcare governance, risk, and compliance software offerings. symplr, a leading healthcare governance, risk and compliance (“GRC”) software-as-a-service (“SaaS”) platform, backed by Clearlake Capital
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HealthLynked Acquires Cura Health & ACO Health Partners

by Fred Pennic 02/13/2020 Leave a Comment

Roche Acquires Rest of Foundational Medicine for $2.4B to Enhance Precision Medicine

- HealthLynked acquires Cura Health Management and its wholly-owned subsidiary ACO Health Partners LLC for $1.75M. - The acquisition is expected to contribute approximately $2.25M of revenue and $500k in EBITDA in year one, increasing HealthLynked's consolidated revenues by 47% and reducing the company's current annual cash burn by over 50%.HealthLynked Corp, a nationwide healthcare network focused on care management of its members and a provider of healthcare technologies that connect doctors,
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Atrius Health to Deploy Kyruus to Enhance Patient Access Across Eastern Massachusetts

by Jasmine Pennic 02/13/2020 Leave a Comment

Atrius Health to Deploy Kyruus to Enhance Patient Access Across Eastern Massachusetts

- Kyruus today announced that Atrius Health has selected the company’s solutions to enhance patient access across Eastern Massachusetts.- KyruusOne will serve as the backbone for Atrius Health’s future consumer-facing search offerings for its more than 745,000 adult and pediatric patients, as well as new patients to the system.Atrius Health, the Northeast’s largest non-profit independent medical group, has selected Kyruus, the leader in provider search and scheduling solutions for health systems
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Cotiviti Launches Longitudinal Data Set in Healthcare

by Jasmine Pennic 02/12/2020 Leave a Comment

Cotiviti Launches Longitudinal Data Set in Healthcare

- Cotiviti has launched Caspian Insights, which represents the most comprehensive data set in healthcare and includes longitudinal data on 40% of Americans. - Unlike other platforms, Caspian unites financial and clinical information with other data types (i.e. social determinants of health, pharmacy, dental, and labs) creating a “single source of truth” never before seen in healthcare to this scale. - By offering an all-encompassing view of each member, Caspian gives health plans and
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CitiusTech Inks Partnership with Google Cloud to Accelerate Digital Transformation

by Fred Pennic 02/10/2020 Leave a Comment

CitiusTech Inks Partnership with Google Cloud to Accelerate Digital Transformation

- CitiusTech announces partnership with Google Cloud to accelerate digital transformation for healthcare organizations. - This partnership brings together Google Cloud’s technology and CitiusTech’s proven understanding of the complex healthcare environment. CitiusTech, a leading provider of healthcare technology services and solutions, today announced a partnership with Google Cloud to accelerate digital transformation and cloud adoption across healthcare organizations. As a Google
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Analysis: January Health IT M&A Activity; Public Company Performance

by Healthcare Growth Partners (HGP) 02/07/2020 Leave a Comment

Health IT M&A Activity; Public Company Performance

– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of January 2020. Ten years into the bull market, we operate in a heightened state of awareness for any indication of market weakness that may signal a downturn.  While debt levels are rising and GDP growth somewhat sluggish, the world of private equity, public equity, and M&A continues to be in full swing bull market
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KLAS Names Epic, Pivot Point, Accenture Overall Best in KLAS 2020

by Fred Pennic 01/31/2020 Leave a Comment

Best in KLAS 2020

- Epic was named the top Overall Software Suite for the tenth consecutive year in the Best in KLAS 2020 Software & Services report. - Pivot Point Consulting, a Vaco Company, was named the top Overall IT Services Firm, edging out last year’s winner, Impact Advisors. - Accenture earned the award of top Overall Healthcare Management Consulting Firm.Today, KLAS Research announced released their annual Best in KLAS Software & Services that recognizes the leading vendors for solutions,
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RevSpring to Acquire Kyruus Health, Creating a Unified Patient Experience

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