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

Why Government-Supported Health Plans Must Make Encounter Submissions A Top Priority in 2020

by Abhinav Aggarwal, Sr. Director, Encounter Submission and Risk Adjustment Solutions at Edifecs 01/27/2020 Leave a Comment

Why Government-Supported Health Plans Must Make Encounter Submissions A Top Priority in 2020

Encounter data such as diagnosed clinical conditions and services, or items delivered to healthcare consumers to treat these conditions is the key to success for all healthcare organizations participating within the government space. Whether doctors or hospitals are submitting data for medical services rendered under Medicare Advantage, the Affordable Care Act’s state exchanges or Medicaid, encounter data is used for payment reimbursement and reconciliation between the health plan and the
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3 Trends Driving Healthcare Mergers & Acquisitions (M&A) Activity in 2020

by Erica Garvin 01/22/2020 Leave a Comment

3 Trends Driving Healthcare Mergers & Acquisitions (M&A) Activity in 2020

Livingstone’s Ryan Buckley shares insights behind the prevalent healthcare M&A trends of 2020 and its impact on U.S healthcare. The New Year often brings with it an essence of transformation. This year, U.S. healthcare’s metamorphosis is now more than a decade old, as it continues to shed its antiquated legacy systems and siloes to embrace a different kind of entity—one that hopes to establish weight in value-based care at a scale robust enough to substantiate it.
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Led by Cigna Ventures, Arcadia Raises $29.5M to Expand Population Health Management Platform

by Jasmine Pennic 01/13/2020 Leave a Comment

Led by Cigna Ventures, Arcadia Raises $29.5M to Expand Population Health Management Platform

- Arcadia, a Boston-based population health management company announces that it has received $29.5 million in Series D funding, led by Cigna Ventures. - Arcadia’s population health management technology platform Arcadia Analytics was purpose-built to support economic success under value-based care.   Population health management technology company Arcadia today announced at the 38th Annual J.P. Morgan Healthcare Conference has closed a fully-subscribed growth equity investment of $29.5M led by
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Teladoc Health Acquires Virtual Care Platform InTouch Health for $600M

by Fred Pennic 01/12/2020 Leave a Comment

Teladoc Health Acquires Virtual Care Platform InTouch Health for $600M

- Teladoc Health announced this morning it will acquire InTouch Health, the leading provider of enterprise telehealth solutions for hospitals and health systems for $600M. - The acquisition establishes Teladoc Health as the only virtual care provider covering the full range of acuity – from critical to chronic to everyday care – through a single solution across all sites of care including home, pharmacy, retail, the physician office, ambulance, and more. Teladoc Health, Inc., a global
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Valley Health System Becomes First Health System in New Jersey to Prescribe Enterprise-wide Digital Therapeutics

by Jasmine Pennic 01/10/2020 Leave a Comment

Valley Health System Becomes First Health System in New Jersey to Prescribe Enterprise-wide Digital Therapeutics

- Valley Health System becomes the first health system in New Jersey to prescribe enterprise-wide digital therapeutics in partnership with Mount Sinai Health System spinoff Rx Health. - The program will use Rx.Health's newly-launched RxStitch engine. Valley Health System (VHS) based in New Jersey announced it will be implemented RxHealth’s digital therapeutics prescribing platform EHR integrated RxStitch Engine to support episodes of care and enterprise-wide digital transformation at VHS. This
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RUSH Taps R1 for End-to-End Revenue Cycle Management, Value-Based Care Innovation Lab

by Fred Pennic 01/10/2020 Leave a Comment

Rush University Medical Center Taps R1 for End-to-End Revenue Cycle Management, Innovation Lab

- R1 RCM and Rush University Medical Center (RUSH) announce a new end-to-end revenue cycle management partnership to achieve revenue cycle performance excellence and accelerate innovation in healthcare. - The two will also collaborate to launch an innovation lab that will focus on delivering value-based care, incorporating advanced analytics to help to educate other healthcare institutions and preparing the healthcare workforce of the future.   Rush University System for Health (RUSH) has
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7 Trends Impacting The Design of Healthcare Environments in 2020

by Jasmine Pennic 01/06/2020 Leave a Comment

7 Trends Impacting The Design of Healthcare Environments in 2020

 SmithGroup one of the nation’s leading integrated design firms has tapped its broad network of 1,300 interdisciplinary design professionals to offer its predictions for the trends and challenges that the design industry will face in the decade ahead. Here are seven trends that are likely to impact the design of health care environments in the 2020s. 1.  Adapting to the Climate Crisis“In the last couple of years, the impacts of climate change are increasingly viewed as a global crisis, and I
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3 AI Trends for 2020: Moving Beyond Dazzle to High-Impact Collaboration

by Jordan Bazinsky, EVP and Administrative Officer for Cotiviti 01/03/2020 Leave a Comment

3 AI Trends for 2020: Moving Beyond Dazzle to High-Impact Collaboration

From the first artificial skin to driverless cars that navigate busy streets with ease, 2019 brought a dazzling array of artificial intelligence (AI) discovery. In 2020, the progress made toward AI-fueled collaboration will be as critical as AI innovation—especially in healthcare. We’ve reached a point where AI has proven its utility. In radiology, for example, AI is well-oriented to interpret diagnostic imaging studies, with FDA approval given to AI algorithms that diagnose a collapsed lung or
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Executive Insights: Top Healthcare Predictions & Trends to Watch in 2020

by Fred Pennic 12/31/2019 Leave a Comment

Executive Insights: Top Healthcare Predictions & Trends to Watch in 2020

As we close out the year, we asked several healthcare industry executives to share their predictions and trends for 2020. Robbie Hughes, Founder, and CEO, Lumeon “Following the announcement of the Trump administration's price transparency requirement – and the ensuing backlash from hospital groups – the issue of price transparency will dominate the healthcare industry next year. Regardless of the outcome of the lawsuit, I expect we'll see more attention around the importance of the
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Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019

by Fred Pennic 12/27/2019 Leave a Comment

Kareo Sells Managed Billing Services Business to Health Prime International

- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter. Q1 M&A Activity Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
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