- The Ochsner Accountable Care Network reduces the cost of care by $12.87M for over 24,000 Medicare beneficiaries, representing 81% increase in savings per beneficiary and a 12% increase in total savings in 2018. - Development of Outpatient Complex Case Management and MedVantage Clinics was one of the efforts that contributed to the savings.The Ochsner Accountable Care Network, LLC (OACN) is pleased to report its 2018 savings results, which include a reduction in the expected cost of care by
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PeerWell Lands $6.5M to Commercialize its Worker’s Comp Musculoskeletal Surgery Optimization Platform
Today PeerWell, a San Francisco, CA-based PreHab company helping patients prepare physically and mentally for orthopedic surgery and recover faster has raised $6.5M in Series A funding led by OMERS Ventures with participation from investors Emmett Shear (Co-Founder CEO of Twitch) and Travis May (CEO of Datavant).
Existing investors include XSeed Capital and angel investors
Auren Hoffman (CEO SafeGraph, Co-founder of LiveRamp), Kevin Lin (COO of
Twitch), Michael Seibel (CEO of Y Combinator),
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Only 11% of Acute-Care Providers Use An Integrated EHR, Study Finds
Only 11 percent of acute care providers use an integrated electronic health record (EHR), according to PointClickCare’s results of its 2019 Patient Transition Study. The study reveals that acute care and long-term post-acute care patient coordination remains largely manual through paper, email, and fax processes.Conducted in partnership with Definitive Healthcare, c-suite executives from acute and post-acute care facilities provided input on data sharing, concerns about interoperability, and
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Why Real-Time Health Data Is a Requirement in Today’s Health System
Sara Radkiewicz, Head of Product, CarePort Health
Thanks to technological innovation in the industry and CMS’ push for interoperability, today there’s more patient health data being collected than ever before. The problem is that the data is either not easily accessible to providers or it’s claims based and therefore not timely. The lag time between the collection and sharing of health data makes it difficult, and in some cases impossible, for providers to get a complete picture of their
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Report: Health Systems Are Struggling to Simplify Patient Billing & RCM Processes
Today’s health systems are prioritizing patient financial experiences, yet many still struggle to simplify patient billing and align it with revenue cycle management (RCM), according to an in-depth study, commissioned by patient payment and engagement platform Cedar and conducted by The Health Management Academy (The Academy). The Cedar and Academy study examined practices at 20 of the top 100 U.S. health systems including qualitative and quantitative analyses of 23 senior executives
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Research: July Digital Health IPOs, M&A Activity, Public Company Performance Summary
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
Source: Healthcare Growth Partners (HGP)
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
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ACO Investment Model Reduced CMS Expenditures by $48M
The Accountable Care Organization (ACO) Investment Model (AIM) saved the Centers for Medicare & Medicaid Services (CMS) more than $48M in its first year while promoting improved health care in rural and underserved areas, according to a new study from Abt Associates.The new study reveals that after accounting for the $82.4 million provided to ACOs, AIM reduced CMS expenditures by $48.6 million. Decreases in the number of hospitalizations and use of institutional post-acute care contributed
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Net Health Acquires Post-Acute Care EHR Provider Optima Healthcare Solutions
Net Health, a provider of cloud-based software solutions for specialized outpatient care, today announced it has acquired cloud-based post-acute care EHR provider Optima Healthcare Solutions. Optima post-acute care EHR platform supports contract therapy companies, skilled nursing and assisted living facilities, outpatient therapy clinics, home health therapy providers and hospice organizations.Acquisition Benefits for Net HealthOnce the acquisition closes, the combined company will serve
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Signify Health Launches Social Determinants of Health Solution Signify Community
Signify Health, a provider of technology-enabled in-home care and complex care management services, has announced the launch of Signify Community, the first and only social determinants of health (SDOH) solution that ties social interventions to quality, satisfaction, and financial outcomes—including 30% reductions in readmissions and 46% reductions in post-acute care spend for high-utilizer safety net populations.Understanding SDoHSocial determinants of health (SDOH) are complex and
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Harris Healthcare Group Acquires Clinical Communications Platform Uniphy Health
Harris Computer Systems ("Harris"), today announced it has acquired Uniphy Health, an enterprise clinical communication, and collaboration platform through its Healthcare group. The acquisition will help extend Harris’ suite of clinical solutions in the acute and post-acute care settings to offer new ways to improve care coordination, physician and patient engagement.Uniphy Health BackgroundFounded in 2013, Uniphy Health is a secure and HIPAA-compliant clinical communication platform built for
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