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Point of Care Solutions | EHR | Health IT | Clinical Communication | News, Analysis, Insights - HIT Consultant

GuideWell Becomes First U.S. Payer to Automate Prior Authorizations

by Fred Pennic 02/25/2022 Leave a Comment

What You Should Know: - GuideWell, one of the 10 largest health insurance providers in the U.S., became the first U.S. payer to automate prior authorization approvals through AI-powered clinical reviews from Olive, resulting in faster care for patients — up to 10 days faster — and greater provider satisfaction. - After launching a pilot with Olive in Florida, GuideWell saw its time to decision reduced by 10 days when immediate responses were available, decreased unnecessary prior
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UltraSight, GE Healthcare Partner to Bring Wireless Cardiac Point of Care Ultrasound

by Jasmine Pennic 09/30/2021 Leave a Comment

UltraSight Raises $13M to Bring AI-Guided Cardiac Ultrasound to Point of Care

What You Should Know:  - Today UltraSight, a digital health pioneer, announced a new partnership with GE Healthcare that will bring AI-assisted wireless, cardiac ultrasound to space. They will conduct a study aboard the upcoming Axiom ‘Rakia’ space mission and record images of an astronaut’s heart in microgravity, using UltraSight’s real-time AI guidance software and GE Healthcare’s handheld GE Vscan AirTM. - The goal of this study is to prove how easy it is to acquire accurate
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UltraSight Raises $13M to Bring AI-Guided Cardiac Ultrasound to Point of Care

by Jasmine Pennic 05/11/2021 Leave a Comment

UltraSight Raises $13M to Bring AI-Guided Cardiac Ultrasound to Point of Care

What You Should Know: - UltraSight, an Israeli based digital health company focused on transforming cardiac sonography through the power of machine learning, announced today that it has closed a $13 million Series B funding round. - Cardiac sonography is a skill that takes years to develop.  It requires daily practice to achieve a high level of proficiency, resulting in a shortage of highly specialized professionals. UltraSight offers clinicians, with no prior sonography training, the
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Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity

by Healthcare Growth Partners (HGP) 04/12/2021 Leave a Comment

Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity

The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response.  Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated.  Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies.  By comparison, Q1 of 2020 saw $3.2 billion and 127 investments.  Health IT
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How a Virtual Care Mindset Leads to Greater Patient Acceptance and Sustainable Telehealth Growth

by Sandeep Pulim, MD, Chief Medical Officer at Bluestream Health 04/07/2021 Leave a Comment

How a Virtual Care Mindset Leads to Greater Patient Acceptance and Sustainable Telehealth Growth

There's no question that the demand for telehealth and virtual care has grown exponentially over the last twelve months. With that growth has come a fundamental shift in the attitude toward virtual care. No longer do patients and providers take a "let's try it" approach—now, it's "we must do it." This is evidenced by the number of telehealth claims filed. In 2020, telehealth claims skyrocketed, increasing by 2,938% in November 2020 versus November 2019 as patients demanded virtual options and as
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Mass General, AstraZeneca Pilot Digital Health Program for Asthma, Heart Failure

by Jasmine Pennic 04/06/2021 Leave a Comment

What You Should Know: - Massachusetts General Hospital (MGH) today announced with AstraZeneca to pilot a new digital health platform focused on heart failure and asthma studies to help improve outcomes for patients with chronic diseases. - This collaboration is being led by the MGH Center for Innovation in Digital Healthcare (CIDH) and will utilize AstraZeneca’s new AMAZE disease management platform in studies for heart failure and asthma management. These first two studies will pilot
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Why A Smart Command Center Requires A Health Cloud Platform

by Dr. David Nace, Chief Medical Officer at Innovaccer 03/11/2021 Leave a Comment

Why A Smart Command Center Requires A Health Cloud Platform

Aviation, military, NASA, or even utilities like the New York Power Authority—almost all high-consequence, complex organizations have one thing in common: a command center. The concept of a command center or a ‘war room,’ or ‘air traffic control’ has been around for a while. Command centers help counter logistical challenges, enable cross-collaboration and guide decision-making with state-of-the-art technology and communications. With them it seems there is absolutely nothing that cannot be
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Waystar Launches Price Transparency Solutions to Meet Consumer Demand

by Jasmine Pennic 03/08/2021 Leave a Comment

Waystar Launches New Text Patient Statements and Offers Price Transparency Solutions to Meet Consumer Demand

What You Should Know:  - Waystar, a provider of healthcare payments software, today announced the addition of the Text Statements feature to its suite of payment tools. This new solution enables patients to easily view and pay medical bills directly from their smartphone, bringing transparency and convenience to the patient financial experience – a long-standing focus for Waystar. - Patients frequently don’t know what they’ll owe weeks, if not months after the point of care, If
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Innovative, Non-Invasive Technologies Advanced Earlier Detection & Monitoring of Liver Disease

by Jon Gingrich, CEO, Echosens North America 03/05/2021 Leave a Comment

Innovative, Non-Invasive Technologies Advance Earlier Detection & Monitoring of Liver Disease, Enhance Financial Positioning for Physician Practices and Health Systems

Leveraging technological advances to facilitate new ways of engaging patients and integrating non-invasive technology into a liver disease program not only serves to improve individual outcomes and reduce costs but also strengthens the financial performance of health systems and provider organizations that include this approach to testing. At a time when America’s hospitals and physician groups face lost revenues due to the COVID-19 pandemic, there is a pressing need for reducing costs while
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Meaningful Use of Genomics Requires Informatics Beyond EMRs

by Assaf Halevy, Founder and CEO of 2bPrecise 01/06/2021 Leave a Comment

Why EHRs fall short w/ providing valuable genetic insights

Electronic medical records (EMRs) are widely expected to serve as a cornerstone technology that drives the delivery of modern patient care.  But can the EMR alone support all the informatics capabilities required by an ever-evolving healthcare industry? The rapid growth of precision medicine, particularly the use of genetic and genomic information during clinical decision making, is a compelling example that functionality beyond the EMR is required. Not only does genomic data represent a
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