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

EMR Replacement: Abstraction or Data Migration?

by Justin Campbell, Vice President, Galen Healthcare Solutions 11/13/2019 Leave a Comment

The Value of EMRs: Broken Promise or Unintended Consequences?

Most healthcare organizations have already managed the transition from paper to electronic medical records. It was time-consuming, challenging and nerve-wracking. But with the first-generation of EMRs approaching the end of their usefulness, with mergers and acquisitions requiring the adoption of new systems (most incompatible with the legacy systems), with the advent of new government standards, more rigorous legal requirements and higher expectations associated with “value-based care” and
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Holon Solutions Appoints Jon Zimmerman As New CEO

by Jasmine Pennic 11/11/2019 Leave a Comment

Holon Solutions Appoints Jon Zimmerman As New CEO

- Healthcare IT leader Jon Zimmerman has been named CEO of Holon Solutions to accelerate their transition to value-based care through the adoption of purpose-built technology that solves their biggest challenges. - Value-based care executive selected for his nearly 30 years’ experience in enhancing healthcare interoperability and proven track record in scaling growth-stage companies. Holon Solutions, an Atlanta-based healthcare IT company that liberates healthcare data, today announced it has
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Research: October Health IT M&A Activity, Public Company Performance

by Healthcare Growth Partners (HGP) 11/08/2019 Leave a Comment

Research: October Health IT M&A Activity, Public Company Performance

- Healthcare Growth Partners (HGP) summary of Health IT/digital health merger & acquisition (M&A) activity, and public company performance during the month of October 2019 During the month of October, Health IT continued its evolution into an amorphous market that is increasingly trending away from a specialized niche of healthcare and into a key component of larger sectors such as Enterprise Software, HR Administration, Insurance, Care Delivery, Suppliers, and BioPharma. The
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Heathify Raises $16M to Expand Social Determinants of Healthcare Platform for Value-Based Care

by Fred Pennic 11/04/2019 Leave a Comment

Heathify Raises $16M to Expand Social Determinants of Healthcare Platform for Value-Based Care

- NYC-based Healthify raises $16M led by SV Health to fuel the company’s growth to integrate social determinants of health in the era of value-based care. - Healthify provides an intuitive SDoH referral platform that enables collaboration between network partners.- The funding will support the company’s rapid growth as it continues to bring healthcare and social service organizations together in accountable networks.Healthify, an NYC-based company integrating the social determinants of health
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88% of Hospitals Plan to Invest in Remote Patient Monitoring Solutions to Support Value-Based Care

by Fred Pennic 11/04/2019 Leave a Comment

- 88% of health systems and hospitals surveyed have invested or plan to invest in remote patient monitoring solutions to support their organizational transitions to value-based care, according to the latest Spyglass Consulting Group report. - Healthcare provider investments in RPM solutions are being driven by several underlying market factors including exploding healthcare costs, a rising aging baby boomer population, the increased prevalence of chronic disease, and continuous healthcare
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DAS Health Acquires Health IT Company Automated Medical Systems

by Fred Pennic 11/04/2019 Leave a Comment

DAS Health Lands $6M to Accelerate Company Acquisition Strategy

- DAS Health acquires health IT company Automated Medical Systems to strengthen its position in the U.S. health IT market. - The acquisition enhances its product offerings, including adding Henry Schein’s MicroMD® to their Electronic Health Records (EHR) portfolio.DAS Health, a Tampa, FL-based provider of health IT and management solutions announced the acquisition of Automated Medical Systems, a healthcare IT company based in Valdosta, GA, with clients in Florida, Georgia, Tennessee, Texas and
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Provider Credentialing: A Problematic Process Driving Costs and Delays

by Jim Dougherty, CEO and Co Founder at Madaket Health 10/31/2019 Leave a Comment

Provider Credentialing: A Problematic Process Driving Costs and Delays

On a typical day, the average physician sees about 19 patients for roughly 22 minutes each. That’s a busy day and anything that interrupts that schedule is a problem for them and their staff.  One of the things that does disrupt that rhythm is payer paperwork, which is a significant driver of administrative burden and waste in healthcare. Administrative transactions between providers and payers include a wide range of tasks performed by many different entities, but one piece of the puzzle
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Premier Acquires Medpricer for $35M to Optimize Savings in Purchased Services

by Fred Pennic 10/29/2019 Leave a Comment

Premier Acquires Medpricer for $35M to Optimize Savings in Purchased Services

- Premier acquires Medpricer’s technology solution that enables purchased services savings across a total addressable acute care market of $160 billion. - Cloud-based platform provides purchased services management technology, including pricing benchmarks, RFP templates and other supplier data. - Acquisition enables healthcare providers to better manage third-party contracts to improve financial performance.Premier Inc., a healthcare improvement company, has acquired Medpricer, a
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Medecision Acquires Population Health Platform GSI Health

by Fred Pennic 10/29/2019 Leave a Comment

Medecision Acquires Population Health Platform GSI Health

- Medecision acquires health delivery system transformation pioneer GSI Health, a cloud-based population health platform to optimize value-based care. - The acquisition expands Medecision's expertise and solutions for Medicaid beneficiary management, member engagement in community care settings.Today, Medecision, an integrated health management solutions provider that supports the health and care of more than 50 million consumers nationwide, has acquiredPhiladelphia-based GSI Health, a SaaS
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How Value-Based Care is Changing the Way You Build Digital Health Companies

by Sean Walker, Partner at The Bowdoin Group, Josh Gottlieb (Managing Director, Digital Health) at The Bowdoin Group, and Michelle Mattson-Hamilton, Associate Principal at ST Advisors 10/24/2019 Leave a Comment

After years of talk, fee-for-service payment models are finally being challenged in a real way. With value-based care, providers are reimbursed based on patient health outcomes rather than the number of patients they see, which has begun to pass the burden of cost from insurers and employers to providers and patients. Fundamentally, value-based care requires vendors as well as providers to operate differently, but new revenue models and a new approach to hiring deserve special consideration. In
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