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Revenue Cycle| Healthcare Finance | Policy, News, Analysis, Insights - HIT Consultant

M&A: RxVantage Acquires onPoint Oncology to Expand Offering to Oncology Practices

by Jasmine Pennic 11/10/2020 Leave a Comment

M&A: RxVantage Acquires onPoint Oncology to Expand Offering to Oncology Practices

What You Should Know: - RxVantage has acquired onPoint Oncology to provide cancer care teams with on-demand access to educational resources, reimbursement data, and analytics. - The acquisition of onPoint Oncology builds on RxVantage’s rapidly expanding digital offerings for providers. In April, RxVantage launched Virtual Meetings to help providers reestablish access to life science experts amidst the disruptions caused by COVID-19. RxVantage, the leading digital
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COVID-19 Underscores Need for Identity Governance Administration

by Wes Wright, CTO at Imprivata 11/02/2020 Leave a Comment

COVID-19 Underscores Need for Identity Governance Administration

If you work in healthcare, chances are that the COVID-19 pandemic forced you to quickly scale up or move staff around to manage the onslaught of patients. The demand for clinicians and support staff grew alongside the spread of the virus, making organizations add clinicians or reassign employees with new or modified roles: Ambulatory nurses went down in the Emergency Department or Isolation Ward, revenue cycle folks started doing transport, and so on. In some cases, former staff or retired
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5 Trends Driving The Future of Healthcare Real Estate in 2020 & Beyond

by Moha Desai, Principal, Healthcare Strategy & Transformation 10/22/2020 Leave a Comment

The COVID-19 pandemic has forever changed patient expectations for healthcare delivery, including offered services and health office operations. Although health systems have remained dynamic in adopting telehealth capabilities, their long-term capital, like real estate and supply chain management (SCM) protocols, have not adapted to match these expectations. Health systems must be aware of current trends in both areas to inform their future decisions.  Divesting in healthcare real estate
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Cedar Joins Epic App Orchard to Enable Patient-First Billing Experience in MyChart

by Jasmine Pennic 10/13/2020 Leave a Comment

Cedar Joins Epic App Orchard to Enable Patient-First Billing Experience in MyChart

What You Should Know: - Patient financial engagement platform Cedar announced the availability of its patient billing solution, Cedar Pay in the Epic App Orchard marketplace. - Cedar engages patients through a frictionless billing experience that is embedded in MyChart using single sign-on. By tailoring in-app messaging and balance resolution workflows. Cedar, a leading patient financial engagement platform, today announced that Cedar Pay, its flagship patient billing solution, is
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Providence Combines 9 Investments & Acquisitions to Form Tegria

by Fred Pennic 10/12/2020 Leave a Comment

Providence Combines 9 Investments & Acquisitions to Form Tegria

What You Should Know: - Providence combines nine operating companies to form Tegria into a comprehensive suite of offerings for organizations across the health care sector -Tegria will focus on three key initiatives—healthcare consulting and technology services, revenue cycle management solutions and software technology and platforms. Providence, one of the nation's largest health systems announce the formation of Tegria, a new company designed to provide next-generation
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Getting Beyond the Telehealth ‘Stop-Gap’ Mentality

by Roland Therriault, President, InSync Healthcare Solutions 10/06/2020 Leave a Comment

Getting Beyond the Telehealth's ‘Stop-Gap’ Mentality

Since COVID-19 emerged as a major health threat, virtual care has taken off. As many as 46% of patients reported in late April that they had used telehealth to replace a canceled healthcare visit in 2020, while 48% of physicians said they had started using telehealth to treat patients.   While a shift in care models was necessary to address business continuity amid the pandemic, these trends also represent positive movements as a growing body of evidence supports the real-life benefits of
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TrustHCS, Visionary RCM, T-System, RevCycle+ Merge to Form New Entity CorroHealth

by Fred Pennic 09/30/2020 Leave a Comment

TrustHCS, Visionary RCM, T-System, RevCycle+ Merge to Form New Entity CorroHealth

What You Should Know: - CorroHealth – a newly-formed entity – combines the services and technologies of TrustHCS, Visionary RCM, T-System, and RevCycle+. - Under this new entity, CorroHealth is committed to helping clients navigate regulatory compliance complexities, ease physician burdens and improve financial outcomes. Today, four revenue cycle management services and technology organizations have merged together as a newly-formed entity—CorroHealth. TrustHCS, Visionary RCM,
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Evidation’s Appoints Co-CEO, Greenway’s New President, Other Health IT Appointments

by Fred Pennic 09/11/2020 Leave a Comment

Evidation’s Appoints Co-CEO, Greenway’s New President, Other Health IT Appointments

Evidation’s Board of Directors has appointed Christine Lemke as Co-CEO alongside Executive Chair Deborah Kilpatrick. Greenway Health appoints Pratap Sarker as President to oversee all commercial and customer-focused functions including sales, marketing, and customer success. He will also work closely with Greenway’s clearinghouse, revenue cycle and IT teams to ensure the delivery of quality solutions that are critically needed to support practices’ business continuity, as well as their
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Analysis: August Health IT M&A Activity; Public Company Performance

by Healthcare Growth Partners (HGP) 09/10/2020 Leave a Comment

Analysis: August Health IT M&A Activity; Public Company Performance

– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of August 2020. M&A is back and the velocity of the rebound has outpaced all expectations.  The recovery quickly worked its way across the spectrum from large to small-cap, beginning with the larger cap NASDAQ rally of nearly 80% from lows in late March (only to soften in recent days), followed by multi-billion
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Optimize.health Raises $15.6M for Remote Patient Monitoring Platform

by Fred Pennic 09/08/2020 Leave a Comment

Optimize.health Raises $15.6M to Accelerate Remote Patient Monitoring Adoption

What You Should Know: - Optimize.health raises $15.6M in Series A funding to accelerate access to and adoption of its remote patient monitoring platform. - Optimize.Health enables improved access to care, more favorable health outcomes, and contained healthcare costs through the combination of high-quality monitoring devices and a user-friendly, HIPAA-compliant digital platform that supports two-way video calls and text conversations between patients and their
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