The global medical billing outsourcing market size is projected to reach USD 19.7 billion by 2026 expanding at a compound annual growth rate (CAGR) of 11.8%, according to a Grand View research report. The report reveals that revenue cycle management (RCM) is one of the most complex components of healthcare IT business driven by challenges in rising healthcare costs, market consolidation, an explosion in clinical documentation, and value-based care initiatives.Key Market Drivers for Global
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Physicians | Health IT Impact for Physicians | News, Analysis, Insights - HIT Consultant
GoCheck Kids Nabs $6M for iPhone App That Detects Amblyopia in Pre-Verbal Children
GoCheck Kids, the creators of an FDA-registered and CE certified iPhone app that screens for amblyopia in pre-verbal children used by over 4,500 pediatricians announced it has raised $6M in Series B funding led by FCA Venture Partners. The investment will be used to add artificial intelligence capabilities with Apple’s CoreML and ARKit and accelerate further electronic health record (EHR) integrations.
Amblyopia: The Leading Cause of Vision Loss in U.S. Children
According to the CDC,
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Security Vulnerabilities Detected in ICDs: Addressing Ransomware Risk in Medical Devices
Medical device usage is on the rise, and that reality potentially puts people at risk if those gadgets have security flaws. It's crucial for device manufacturers, industry regulators and health practitioners to work together to ensure safety are paramount as adoption rises.Internal health devices are particularly at risk, especially since patients and providers may not immediately notice issues. The people who use or prescribe them assume they'll work as expected and typically don't have ways to
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CMS Primary Cares Initiative With 2 New Payment Models Launches
On Monday, CMS Secretary Alex M. Azar II announced the launch of CMS Primary Cares—an initiative with two sets of new payment models that will enroll a quarter or more of traditional Medicare beneficiaries and a quarter of providers in arrangements that pay for keeping patients healthy, rather than ordering procedures.New Primary Care Payment Models1. The Primary Care First path will allow smaller primary care practices to be paid a simple, flat stream of revenue for each patient. When a patient
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Onera Health Raises $9.3M to Pilot Medical Grade Sleep Diagnostics Patch
Onera Health Inc., a Palo Alto, CA-based sleep diagnostic solutions and services provider announced it raised $9.3 million in Series A funding led by Jazz Pharmaceuticals, imec.xpand, as well as other investors including imec and BOM. The digital health startup’s vision is to transform sleep diagnostics with the development of the world’s first at-home medical grade sleep diagnostics patch system.1 Out of 5 People Suffer From A Sleep DisorderThe need for better sleep testing is great. One in
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We Need Less Focus on Perfecting Physicians Using Carrots and Sticks
I’m not sure what the relevant analogy might be, but I’ll take a shot, nonetheless.
Let’s say we poured billions of dollars into improving highways and city streets, but the local commute for residents continued to get longer, more frustrating, less effective.
Or, maybe we also dumped billions into school systems, but student test scores only got worse.
I ask if these comparisons are relevant after reading about a recent study published in the Lancet, which suggests that poor
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EverlyWell Raises $50M to Scale In-Home Digital Lab Testing Platform
EverlyWell, an Austin, TX-based next-generation healthcare testing platform has raised $50 million in funding led by long-time investors Goodwater Capital with Highland Capital Partners joining. Next Coast Ventures, NextGen Venture Partners, SoGal Ventures and others participated. The company will use the funding to expand its digital platform and scale existing partnerships with leading brands like CVS and Humana.Cumbersome Traditional Lab Testing ProcessOver seven billion lab tests are run
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CHLA Announces 10 Semi-Finalists from Gamifying Pediatrics Hackathon
The Innovation Studio at Children’s Hospital Los Angeles (CHLA), today announced10 semi-finalists from the first ever Gamifying Pediatrics Hackathon, which took place April 12-14, 2019 at BCG Digital Ventures (BCGDV) in Manhattan Beach (CA), the global corporate venture and incubation arm of the Boston Consulting Group. This hackathon brought together 185 enthusiastic participants, including physicians and nurses on the front lines of pediatric medicine, engineers, developers, and experts in
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The Four Cs: A Call to Action for Digital Health Tools
The United States spends more of their GDP on healthcare than any other developed nation, and yet it produces some of the poorest outcomes — notably in the field of maternal and infant health.
The advent of digital health has presented the opportunity for a paradigm shift in the delivery of care, and support from investors and policy-makers shows that as far as they’re concerned, digital health is not a new frontier for healthcare, but the current playing field.
A staggering $14.6B in funding
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2 in 3 Physicians Plan to Use Remote Patient Monitoring in the Future
According to a new study from the Consumer Technology Association (CTA), 68 percent of physician strongly intend to use remote patient monitoring technology in the future. The study, Connected Health and Remote Patient Monitoring: Consumer and Industry Use asked 2,004 U.S. adults about their use of remote patient monitoring technologies in addition to healthcare providers that included 100 primary care physicians, 60 endocrinologists and 40 nurses. CTA also surveyed reimbursement stakeholders
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