What You Should Know:
- Providers believe 96% of payment is now value-based in some capacity, and 58% believe their EHR vendor won’t be able to support the data strategies required to thrive under value-based care, according to a new study conducted by Morning Consult and Innovaccer.
- The 37-page national research study uncovers key IT infrastructure issues healthcare leaders said are impeding or essential for progress towards accelerating their transformation to value-based
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Value-Based Care| VBC-Related News, Analysis, Insights - HIT Consultant
Epic Integrates with Milliman MedInsight for its Value-Based Performance Management Module
What You Should Know:
- Epic forms strategic partnership with Milliman MedInsight to offer advanced analytics to Epic customers.
- As part of the strategic partnership, Milliman MedInsight will integrate with Epic’s new Value-Based Performance Management module.
- Epic customers will be able to leverage the unparalleled expertise of two leading healthcare technology companies to build the foundation for population health improvement strategies. Epic's new Value-Based Performance
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Edifecs Launches Solution to Automate Prior Authorization at the Point of Care
What You Should Know:
- The full automation of prior authorization at the point of care leads to improved member experiences, enhanced outcomes, ongoing compliance, and reduced administrative burden. Edifecs’ automated prior authorization solution integrates with electronic health records (EHR) and leverages artificial intelligence (AI), natural language processing (NLP), and industry standards such as FHIR to instantly deliver authorization.
- This innovation comes on the heels of
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7 Health IT Industry Outlook Report Trends to Watch in 2022
What You Should Know:
- As COVID-19 accelerated demand for more advanced digital health and patient engagement technologies, hospital and health system IT departments shouldered these expectations – rolling out new capabilities in record time, while still balancing daily operational support responsibilities. Now, IT staff burnout has escalated into major career jumps, with many hospital IT departments struggling to fill talent gaps from high turnover.
- Utilizing flexible staffing
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Imaging Strategy and Digital Mastery in Healthcare IT
How you handle imaging says a lot about your organization’s digital maturity
The ongoing digitalization of industry continues to disrupt business and service models in every sector. Even though U.S. healthcare has traditionally lagged behind other fields in technological adaptation, there has still been a broad and tremendous shift in how healthcare functions, which is driven by IT infrastructure.
From the slow and often frustrating rise of the EHR to the lightning fast rollout of
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Why Health Systems Need a New Transition Strategy to APMs
There is an adage that change in healthcare moves at the speed of tectonic plates. The slow adoption of Alternative Payment Models (APMs), the central feature of value-based care, is a good example of constraint despite immense pressure to control costs.
Data from 2020 demonstrate almost zero change from 2018 in the proportion of straight Fee-for-Service (FFS) reimbursement. Other results show a slight uptick in APMs with or without downside risk at 34.6 percent. However,
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CVS Health to Acquire Signify Health for $8B
What You Should Know:
- CVS Health announced it will acquire Signify Health for $30.50 per share in cash, representing a total transaction value of approximately $8B.
- Signify Health's clinicians and providers can have an even greater impact by engaging with CVS Health's unique collection of assets and connecting patients to care how and when they need it.
Advancing CVS Health’s Value-Based Care Long-Term Strategy
Signify Health is a provider of Health Risk Assessments, value-based
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AWS Names 10 Startups for 2022 AWS Healthcare Accelerator Cohort
What You Should Know:
- AWS names the ten digital health startups selected for its AWS Healthcare Accelerator cohort, focused on health equity.
- With the aim of reducing health disparities, these startups are increasing access to health services, addressing social determinants of health, and leveraging data to promote equitable and inclusive systems of care.
2022 AWS Healthcare Accelerator Program Details
Over the course of the four-week program, these 10 startups will receive
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Olio Health Raises $13M for Post-Acute Engagement for Health Systems
What You Should Know:
- Olio Health, an Indianapolis, IN-based workflow and collaboration platform for the post-acute care and population health industry, raised $13m in Series A funding.
- The round was led by Fulcrum Equity Partners with participation from Mutual Capital Partners. The company intends to use the funds to further accelerate its growth through product development and key hires across multiple departments.
- Led by Ben Forrest, CEO, Olio provides a platform for
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DeliverHealth Exec Talks Combatting Physician Burnout with Automation Tech & Data
Provider burnout has shown no signs of slowing down in the past couple of years - a fact proven by a recent report found that 45% of physicians have been experiencing burnout over the past two years. As providers and healthcare organizations continue to face burnout, staffing shortages and financial pressures, they must find a way to reduce administrative burdens while allowing for more time spent on patient care with an ultimate end goal of reducing burnout.
We recently spoke with
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