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

4 Reasons Why Healthcare Executives Are Less Eager to Invest in Health IT

by Stephanie Kovalick, Chief Strategy Officer at Sage Growth Partners 08/06/2019 Leave a Comment

4 Reasons Why Healthcare Executives Are Less Eager to Invest in Health IT

Hospital and health system C-suite executives recognize that technology will play a central role in helping their organizations meet quality and cost objectives. Yet that’s not necessarily translating to a market that’s more fruitful for health IT companies. In fact, if your healthcare system is taking a more conservative approach to health IT investments in 2019, it’s not alone. A recent survey of 100 C-suite leaders by Managed Healthcare Executive found that fewer than half of healthcare
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Research: July Digital Health IPOs, M&A Activity, Public Company Performance Summary

by Fred Pennic 08/06/2019 Leave a Comment

Research: July Digital Health IPOs, M&A Activity, Public Company Performance

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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DrFirst Integrates with Epic’s Real Time Prescription Benefits Prescribing Workflow

by Fred Pennic 08/01/2019 Leave a Comment

Taking New Medications: Consumers Blame Anxiety on Lack of Time with Physicians

DrFirst, a provider of e-prescribing, price transparency, and medication management solutions announced today that it has entered into an integration agreement with leading EHR provider Epic to make DrFirst’s myBenefitCheck (real-time benefit check) service available to clients in Epic’s RTPB (Real-Time Prescription Benefits) prescribing workflow to help doctors and patients understand the cost of the drugs and drive medication adherence.How myBenefitCheck WorksVia myBenefitCheck, prescribers
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Medicare Advantage Plans Struggle With Internal Challenges to Keep Pace With Growth

by Fred Pennic 08/01/2019 Leave a Comment

Medicare Advantage Plans Struggle With Internal Challenges to Keep Pace With Growth

Many Medicare Advantage health plans (35%) struggle with internal challenges in keeping pace with growth, including technology and infrastructure limitations, according to results of its latest Voice of the Market Survey. In addition, 33.8% struggle with a lack of IT staff or resources to make necessary changes and 29.4% lack the in-house Medicare experts necessary to implement adjustments in response to business fluctuation.The survey was commissioned by HealthEdge and conducted by Survata, an
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CVS Uses Analytics to Expand Transform Diabetes Care Program

by Fred Pennic 07/31/2019 Leave a Comment

CVS Uses Analytics to Expand Transform Diabetes Care Program

More than two years since its launch, pharmacy benefit manager (PBM) CVS Caremark’s Transform Diabetes Care program has helped PBM members better control their diabetes through a combination of highly personalized member support and coaching focused on improving medication adherence and better control of HbA1c. In fact, more than 50 percent of members with uncontrolled diabetes who enrolled in the program have moved to a controlled status and, on average, members have improved HbA1c by 1.2
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XLerateHealth Unveils 2019 Louisville Cohort of 9 Digital Health Startups

by Fred Pennic 07/31/2019 Leave a Comment

XLerateHealth Accelerator Unveils Its Sixth Class of 10 Digital Health Startups

XLerateHealth, a Louisville, KY-based healthcare accelerator announced it has selected nine digital health startups to participate in its 2019 Louisville accelerator cohort.  This is the 8th cohort to be selected into the bootcamp program since XLH’s launch in 2013.XLerateHealth (XLH) Accelerator Program OverviewThe accelerator’s 12-week intensive program will help the early-stage healthcare companies build out their commercialization strategy, which includes their intersection with Payers,
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Health Tech VC Firm Flare Capital Partners Closes $255M Fund

by Fred Pennic 07/23/2019 Leave a Comment

Health Tech VC Firm Flare Capital Partners Closes $255M Fund

Healthcare technology venture capital firm, Flare Capital Partners, today announced the closing of its second fund, Flare Capital Partners II, L.P., with a total of $255 million in committed capital. The oversubscribed fundraise follows up its inaugural fund, which was raised in April 2015, and establishes Fund II as one of the largest, independent, dedicated healthcare technology venture capital investment funds. Evolving Healthcare Industry Demands Innovative Business ModelsThe U.S. healthcare
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Pack Health, Glooko Partner to Integrate Real-Time Blood Glucose Monitoring

by Fred Pennic 07/23/2019 Leave a Comment

ACS, Harvard Business School Institute to Develop Value Measurement Tool for Hospitals

Digital health coaching platform Pack Health has announced a partnership with diabetes data management provider Glooko to integrate blood glucose monitoring. The integration will augment diabetes health coaching and care coordination services with remote real-time data for blood glucose control.Pack Health & Glooko Integration DetailsIntegrating data from Glooko's diabetes management app into Pack Health's coaching platform for chronic care management and monitoring will enable Health
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D2 Consulting Acquires Patient Engagement Company WorkUp

by Fred Pennic 07/22/2019 Leave a Comment

D2 Consulting Acquires Patient Engagement Company WorkUp

Life sciences consulting firm D2 Consulting, today announced it has acquired Brooklyn, NY-based patient engagement company WorkUp, Inc. The acquisition expands D2’s existing technology solutions, providing value-added support for clients, including manufacturers, specialty pharmacies, HUBs, payers, pharmacy benefit managers and integrated delivery networks.Founded in 2013 to support high maintenance patients, WorkUp’s patient engagement solution, Status improves operational efficiencies and
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ELLKAY Acquires X-link to Expand Healthcare Interoperability Footprint

by Fred Pennic 07/19/2019 Leave a Comment

ELLKAY Acquires X-link to Expand Healthcare Interoperability Footprint

ELLKAY, LLC, a provider of healthcare connectivity and interoperability solutions has acquired the assets of Tampa-based Legal Easy, Inc., including the industry-leading X-Link medical software interfacing solution. With the strategic acquisition, ELLKAY expands its healthcare footprint and empowers providers with an easier, more cost-effective way to achieve Promoting Interoperability (PI) objectives and quality measures. In addition, the acquisition strengthens ELLKAY’s core mission of
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