As a result of the COVID-19 pandemic, the federal government has passed several stimulus packages with the goal of helping employers keep their business in operation while office volume is down and, in some cases, practices are physically closed. The CARES Act, which included the Paycheck Protection Program (PPP) and Provider Relief Fund, for example, has provided some relief to eligible healthcare providers, including low-interest rate loans to help providers pay staff salaries, rent, and other
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risk
Telehealth and Cybersecurity: What You Should Know
Healthcare providers are seeing between 50 and 175 times (1) more patients via telehealth than before. Telehealth platforms* offer solutions for a wide array of different healthcare issues. An estimated 20 percent of all emergency room visits and 24 percent of routine office visits and outpatient volume could be delivered virtually via telehealth.
Telehealth is a win-win for providers and patients. It both increases the availability of care while also reducing costs. However, telemedicine
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Virtually or In-Person, Automation Improves The Healthcare Experience
The COVID-19 pandemic has caused an unprecedented shift in the way consumers view and access a variety of goods and services—and healthcare is no exception. Recent studies show that many patients, including vulnerable populations like those living with cancer, are delaying recommended care and procedures—and will continue to do so for at least several months amid fears over the safety of in-person visits. In response, reports of providers adapting to offer care virtually are all the more
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Healthify, Ride Health Partner to Offer SDOH-Driven Transportation to Vulnerable Populations
What You Should Know:
Healthify, a social determinants of health company
(SDOH), announced a national partnership with Ride Health to offer
transportation to medical and non-medical services for people faced with
transportation barriers.
- Each year, an estimated 3.6 million Americans do not
obtain medical care due to transportation issues such as cost, lack of access
to vehicles and inadequate public transportation. These barriers are
particularly prevalent among poor communities,
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Telehealth’s Time Has Come. And It’s Here to Stay.
“The numbers don’t lie,” is a famous old adage and quite appropriate with regard to the rapid rise and deployment of telehealth solutions in the medical community. It may have taken a global pandemic for society to recognize and investigate the rewards of its adoption, but statistics reveal that telehealth’s moment has indeed come. And it certainly seems like it’s here to stay.
How did we come so far, so fast? By undertaking forward-thinking policies and bold action, the health care industry
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Top 3 Priority Areas for Healthcare CIOs in the Age of COVID-19
What You Should Know:
- In the age of COVID-19, healthcare CIOs cite interoperability,
cybersecurity, and operationalizing SDOH data priorities as top three priority
areas, according to the third annual LexisNexis focus group of CHIME
executives.
- The survey results also highlighted the importance of
a team approach with support across the organization in helping CIOs
achieve the vision of connected healthcare.
The Health Care business of LexisNexis® Risk
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Desert Oasis Healthcare Deploys FHIR-based Tool For COVID-19 Screening to Over 7,500 Patients
What You Should Know:
- Using the EHR-integrated app, Desert Oasis Healthcare efficiently identifies patients with possible Coronavirus symptoms, mitigating the spread, and optimizing treatment.
- Starting in mid-March, DOHC has leveraged Rimidi’s novel, Fast Healthcare Interoperability Resources (FHIR) based patient-reported outcomes (PROs) tool.
- To date, over 7,400 patients have been screened prior
to their appointments and 831 have been monitored during self-isolation due
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HGP Semi-Annual Health IT Market Review: 6 Key Trends to Know
Healthcare Growth Partners, an
Investment Banking and Strategic Advisory firm exclusively focused on the
transformational health
IT market, today announced the release of its Semi-Annual Health IT Market
Review report that summarizes M&A and private equity activity across health
IT, health information services, and digital health.
Report Background/Methodology
This edition of the report includes feedback from our survey
of private equity professionals and their response to
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Same-Day Pharmacy Delivery NowRx Raises $20M to Expand into Additional Territories
What You Should Know:
- Same day
pharmacy delivery startup NowRx raises $20 Million in Series B funding to expand
into new U.S. territories and accelerate its technology roadmap, transforming
the way consumers get their prescriptions.
-
NowRx’s competitive
advantage is its proprietary pharmacy management system, which leverages AI and
robotics to fill and deliver prescriptions in record time, including
interfacing with insurance, checking for drug
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COVID-19 Infects Patient & Practitioner Demands, Unsettling the Future of Hospital Operations
Prior to the outbreak of COVID-19, the healthcare industry in the United States was in the midst of an intense refocusing on patient-centered care. This evolution was defined by a number of innovations, policies, and even federal reimbursement programs that prioritized emphasis on and impact on the patient experience. It led to changes in everything from the quality of hospital food, valet parking, and room amenities to fundamentally reimagined standards of care for even mundane procedures like
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