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Value-Based Care| VBC-Related News, Analysis, Insights - HIT Consultant

CareMax Acquires Steward Health’s Medicare Value-Based Care Business for $25M

by Fred Pennic 06/02/2022 Leave a Comment

CareMax Acquires Steward Health’s Medicare Value-Based Care Business for $25M

What You Should Know: - CareMax, a tech-enabled provider of value-based care to seniors announced an agreement to acquire the Medicare value-based care business of Steward Health Care System for a combination of cash and stock. - CareMax will pay $25 million in cash and issue 23.5 million shares of CareMax’s Class A common stock to the equity holders of Steward at closing, subject to customary adjustments. In addition, CareMax will fund a Medicare receivable to Steward covering accounts
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SnapLogic Launches Amazon HealthLake Accelerator to Store, Share Patient Data

by Fred Pennic 06/01/2022 Leave a Comment

SnapLogic Launches Amazon HealthLake Accelerator to Store, Share Patient Data

What You Should Know: - SnapLogic, a provider of Enterprise Automation, today launched the SnapLogic Accelerator for Amazon HealthLake, which enables healthcare and life sciences organizations to easily ingest a range of raw data into Amazon HealthLake, powered by Amazon Web Services (AWS), and transform it into healthcare-related insights and actions. - This new Amazon HealthLake-dedicated integration and automation accelerator will help organizations looking to quickly connect systems,
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Lightbeam Health Acquires Jvion AI and SDOH Solutions – M&A

by Fred Pennic 05/31/2022 Leave a Comment

Jvion Brings AI-Powered Clinical Insights to NTT DATA's Nucleus for Healthcare Platform

What You Should Know: – Lightbeam Health Solutions, Inc., a provider of population health management solutions and services has entered into an asset purchase agreement to acquire the operating assets related to Jvion, Inc., including Jvion’s market-leading AI-enabled prescriptive analytics and social determinants of health (SDoH) solutions.  -The strategic partnership combines Lightbeam’s health analytics and outcomes for payers and providers with the Jvion’s predictive technology.
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How Patient Movement Benefits from Standardized Acuity Scoring

by Dr. Martin Sellberg, Co-Founder of Motient 05/24/2022 Leave a Comment

How Patient Movement Benefits from Standardized Acuity Scoring

Nurses and providers typically assess patient acuity and volume at the beginning of their shift, whether formally or informally. Managers use patient acuity to balance nursing assignments, and nursing staff uses it to determine which patient care action should be prioritized next. Taking a standardized approach to acuity assessments not only provides more objectivity, but also gives hospitals the data they need to make a variety of tactical and strategic decisions, from daily unit staffing to
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Olive Partners with Magenta to Revolutionize Risk Adjustment Process

by Fred Pennic 05/20/2022 Leave a Comment

Olive Partners with Magenta to Revolutionize Risk Adjustment Process

What You Should Know: - Olive, the automation company creating the Internet of Healthcare, today announced its partnership with Magenta Care Continuum, a HIPAA-compliant health records vault that includes care gap analytics. - Through the Olive Library, payers and providers can access Magenta's solutions to help close care gaps, improve billing and claims occurrence and ensure compliance and revenue integrity for value-based population management. Automating the Risk
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Greater Good Health Raises $10M for NP-Centered Primary Care Model

by Fred Pennic 05/18/2022 Leave a Comment

Greater Good Health Raises $10M for NP-Centered Primary Care Model

What You Should Know: - Greater Good Health, the company redefining value-based care through the first primary care model centered around nurse practitioners (NPs) raises $10 million funding round led by LRVHealth, with participation from Martin Ventures, Health Velocity Capital and more.  - Committed to providing NPs with the tools they need to be successful, Greater Good Health offers access to a network of peers, training and development content and personal wellness experiences. The
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Intermountain Partners with VC Firm General Catalyst on Innovation

by Fred Pennic 05/10/2022 Leave a Comment

Intermountain Partners with VC Firm General Catalyst on Innovation

What You Should Know: - Intermountain Healthcare announced a strategic partnership with digital health venture capital firm General Catalyst that will involve jointly exploring opportunities to accelerate the shift to value-based care through digital and other solutions. - As part of the collaboration, Intermountain and General Catalyst will leverage the Health Assurance Network, which is a group of tech innovation companies within General Catalyst’s investment portfolio that are dedicated
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3 Senior Living Providers Merge to Form Curana Health

by Jasmine Pennic 05/04/2022 Leave a Comment

3 Senior Living Providers Merge to Form Curana Health

What You Should Know: - Three leading organizations that provide healthcare services to senior living communities – Elite Patient Care, Provider Health Services, and AllyAlign Health – have joined forces to form Curana Health. Curana Health’s mission is to improve the health, happiness, and dignity of senior living residents. The Curana Health ACO is a value-based care program for original Medicare beneficiaries. - The combined Curana Health organization spans 26 states and over 1000+
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HSBlox Releases Enhanced VBC Contract Builder

by Jasmine Pennic 04/29/2022 Leave a Comment

HSBlox’s Blockchain Advances Clinical Trial Sample Management with Increased Visibility,

What You Should Know: - HSBlox, a technology company empowering healthcare organizations with the tools and support to deliver value-based care (VBC) successfully and sustainably, today announced Release 3.5 of its CureAlign platform.  - CureAlign enables healthcare organizations to administer value-based programs, including network build-out, contract administration, permissioned data exchange and payment.    CareAlign 3.5 Overview CureAlign 3.5 further
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BCBS of Michigan Launches Joint Venture with Honest Medical Group

by Fred Pennic 04/25/2022 Leave a Comment

BCBS of Michigan Launches Joint Venture with Honest Medical Group

What You Should Know: - Blue Cross Blue Shield of Michigan (BCBSM) today announced a joint venture with Nashville-based Honest Medical Group to offer physicians comprehensive operational, clinical, and financial support for shared accountability Medicare contracts. - The joint venture is the first of its kind for BCBSM and aligns with the organization's continued expansion of Blueprint for Affordability, its member-focused, value-based care and payment
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