What You Should Know: Practice Better, a leading, all-in-one practice management software platform for health and wellness professionals, announced today that it has raised a $27 million growth investment led by Five Elms Capital and follows a $1 million investment from Disruption Ventures in 2021.The investment will support the development of new integrations and strategic partnerships, as well as enhanced product features to help health professionals sustainably scale their businesses and
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practice management system
KLAS: Epic Leads in Functionality Adoption for FQHCs
What You Should Know: Federally qualified health centers (FQHCs) hold a significant and distinct place in US healthcare by providing low-cost, government-subsidized care to undererved populations. Due to FQHCs’ integrated care model and government ties, it is harder for these organizations to find comprehensive EMR and PM solutions that meet all care setting needs and are also reasonably priced.A new report by KLAS is the first look at HIT vendors who deliver needed functionality and
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AGS Health Launches AI-Powered Revenue Cycle Platform
What You Should Know: - AGS Health, a revenue cycle management (RCM) solutions provider and strategic growth partner to some of the largest healthcare systems in the U.S., announces the launch of the AGS AI Platform, a connected solution that blends artificial intelligence (AI) and automation with award-winning human-in-the-loop services and expert support to maximize revenue cycle performance. - The platform allows healthcare organizations to gain enhanced visibility into day-to-day
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Enzee Health Nabs $1.5M for Cloud-Based Compliance Management Platform
What You Should Know: - Enzee Health, formerly ZapIT! Medical is announcing it has secured $1.5M in seed financing, led by Rev1 Ventures with participation from Tamarind Hill, Harbor Street Ventures, M7 NEO, Redgrave Investments, Service Provider Capital and others. - Enzee empowers hospital personnel to easily perform and track required quality testing within departments, eliminating the inefficiencies of paper record keeping, and making it easier for administrators to assess whether
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eClinicalWorks Invests $100M in Microsoft Azure
What You Should Know: - McKinsey reports that cloud capabilities have the potential to generate a value of $100 billion to $170 billion for healthcare companies in 2030. The cloud enables healthcare companies to innovate, digitize and realize their strategic goals. - eClinicalWorks is currently investing over $100M in Microsoft Azure cloud services to accelerate innovations in digital healthcare. Technological Solutions For Improving Patient Care and Health
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NCODA & XIFIN Launch Initiative to Expand Oncology Patient Care Options
What You Should Know: - XIFIN has partnered with NCODA, Inc., a globally recognized association that develops unique resources to help medically integrated oncology teams deliver top-tier care. This new strategic partnership “NCODA Informatics Initiative Powered by VisualStrata” provides the use of VisualStrata as part of the NCODA membership. - As oncology groups work to find and secure clinical trials – thereby expanding patient care options within their practice – purpose-built
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Cardinal Health and Deep Lens Collaborate for AI-based Oncology Clinical Trial Matching
What You Should Know: - Today, Deep Lens and Cardinal Health announced a strategic collaboration that will integrate Deep Lens’ AI-based clinical trial matching solution, VIPER, into community-based oncology practices throughout the Cardinal network. VIPER will be a part of Cardinal Health’s new Navista advanced suite of technology solutions designed to help oncologists improve outcomes, provide high quality care at the best possible cost and select the right care plan at the onset of
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Elation Health Nabs $40M for Clinical-First Solution to Power Independent Primary Care
What You Should Know: - Elation Health, which provides an easy-to-use and affordable clinical technology platform for more than 14,000 independent primary care clinicians serving 7 million patients - including an EHR raises $40M in Series C funding from Al Gore's sustainable investment firm, Generation Investment Management. - Elation’s API-enabled platform also allows organizations to transform the patient and provider experience and implement their own models of data-driven,
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DrChrono Integrates with Rioch to Streamline Patient Onboarding & Reconciliation for Medical Practices
What You Should Know: - DrChrono integrates with Ricoh’s Smart Integration Healthcare add-on to enable a medical practice to easily scan a patient’s driver license to auto-populate the corresponding fields into their EHR/PMS system. - The Healthcare add on also includes the ability to directly scan documents, such as referrals, patient history forms, or consent forms. This goes right into the patient record in the EHR, replacing the multiple steps of scanning, saving, and uploading
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RCM Myth: Healthcare Billing Is Just A Back-Office Job
Historically, there was a belief in healthcare that revenue cycle management (RCM) was only a job for the back office. But today, medical practices are well-aware all staff members are critical to the revenue cycle. This responsibility extends through every aspect of a practice, from the front office to back office with the clinical staff in between. The front office, for example, plays a role in generating revenue, because they can optimize scheduling and collect patient and insurance
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