Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reached $2B in funding across 156 deals in Q3 2019, according to market research firm Mercom Capital Group. The 9M & Q3 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals global venture capital reached $7.2B over 474 deals in the first nine months of 2019 compared to $8B in 556 deals in 9M 2018. In Q3 2019, Digital Health companies raised $2B in 156
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Revenue Cycle Management | News, Analysis, Insights - HIT Consultant
Microsoft, Nuance Partner to Develop Ambient Clinical Intelligence to Combat Clinician Burnout
- Nuance and Microsoft have joined forces to accelerate the delivery of ambient clinical intelligence (ACI) technologies that will power the exam room of the future where clinical documentation writes itself.
- Strategic partnership's focus is to reduce clinician burnout by enabling doctors to focus on patients, while AI focuses on administrative tasks.
Today, Microsoft and Nuance Communications announced a
strategic partnership to accelerate the
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American Samoa Medical Center Authority Extends Contract with Medsphere and CareVue EHR/RCM Solution
- American Samoa Medical Center Authority (ASMCA) and the American Samoa Department of Health (DOH) extends their contract with Medsphere and CareVue EHR/RCM Solution- South Pacific island group’s safety-net healthcare system signs on for seven more years plans to implement Medsphere enhancements of CareVue platformMedsphere Systems Corporation, a provider of affordable and interoperable healthcare IT platform solutions, today announced that the American Samoa Medical Center Authority (ASMCA)
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Amazon Textract Is Now HIPAA Eligible, Extracts Text/Data From Scanned Docs
- AWS announced that Amazon Textract, a Machine Learning (ML) service that automatically extracts text and data from scanned documents, is now HIPAA-eligible.- Amazon Textract will make it easy for customers to accurately and securely process millions of documents in a matter of hours, saving time and lowering processing costs.- Cerner, Fred Hutchinson Cancer Research Center and The American Heart Association are already exploring new ways use the power of ML to automate their current workloads
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Report: Poor Digital Experiences Are Driving Consumers to Switch Providers
- Consumer frustration is driving more than 2 in 5 U.S. people to consider switching their providers over the lack of digital engagement.- Outdated provider billing processes and a lack of digital payment options & plans are major contributing factors to late/missed payments, and the overall digital transformation of healthcare administration has been a major sore spot within U.S. healthcar- Younger healthcare consumers are significantly more frustrated, more likely to stop seeing providers
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How Video Remote Interpretation (VRI) Boosts Acute Care Quality
Imagine traveling to another country on vacation, only to get terribly ill after consuming seafood at dinner. You experience chills, your hands are curling up and you feel faint all over. Getting to the hospital is a challenge, as you do not speak the native language there. When you arrive at the hospital, all of the medical staff is speaking another language and no one can understand you when you try to tell them your symptoms. You have no understanding of your condition, diagnosis or treatment
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Banner Health Launches Real-Time Online Scheduling for Consumers
- Banner Health is now offering consumers the ability to self-schedule appointments online with Kyruus ProviderMatch for Consumers.- With more than 10,000 comprehensive provider profiles searchable on the Banner Health website via the KyruusOne platform, Banner Health’s patients now have greater autonomy and flexibility in making their care decisions.Banner Health, one of the largest non-profit health systems in the US announced, has begun offering online scheduling for consumers through Kyruus
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Providers Struggle to Integrate Revenue Cycle Operations with Clinical Operations
- Navigant executive survey conducted by HFMA finds providers struggle to integrate revenue cycle operations with clinical operations. - Survey of 108 hospital and health system chief financial officers and revenue cycle executives find 62% suggest EHR adoption challenges have been equal to or outweighed benefits specific to their organization’s revenue cycle performance.- More than 60% of providers struggle to derive optimal value from their electronic health records (EHRs).Only 3% percent of
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Which Physician Specialties Have The Most Inpatient Cost Variation?
- IllumiCare’s new research found thousands of dollars in disparities among providers of the same specialties taking care of the same type of patients, both across different hospitals and within the same hospital. - The variations stem from costs providers make judgment calls about — such as ordering medications, lab tests and radiological exams.-The report sheds light at how provider choices in medications, labs, and radiology tests create big differences in spend on a similar diagnosis/patient
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Simplee Integrates Patient Financial Engagement Platform with Cerner RCM Solution
- Simplee integrates their patient financial engagement platform with Cerner’s revenue cycle management portfolio and consumer technology. - The integration makes it simple, efficient for providers to transform medical billing and payments into consumer-friendly experience.Simplee and Cerner Corporation today announced a new relationship aimed at price transparency, convenient billing and personalized payments options for consumers. Healthcare organizations will soon be able to use this
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