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

4 Reasons Why Healthcare Executives Are Less Eager to Invest in Health IT

by Stephanie Kovalick, Chief Strategy Officer at Sage Growth Partners 08/06/2019 Leave a Comment

4 Reasons Why Healthcare Executives Are Less Eager to Invest in Health IT

Hospital and health system C-suite executives recognize that technology will play a central role in helping their organizations meet quality and cost objectives. Yet that’s not necessarily translating to a market that’s more fruitful for health IT companies. In fact, if your healthcare system is taking a more conservative approach to health IT investments in 2019, it’s not alone. A recent survey of 100 C-suite leaders by Managed Healthcare Executive found that fewer than half of healthcare
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KLAS: Cerner and MEDITECH Expanse Lags Behind EpicCare in Customer Satisfaction

by Jasmine Pennic 08/05/2019 Leave a Comment

KLAS: Cerner and MEDITECH Expanse Lags behind EpicCare in Customer Satisfaction

Cerner and MEDITECH Expanse still lags behind Epic EpicCare Inpatient EMR in customer satisfaction, according to a new KLAS report. The KLAS report, Acute Care EMR: Buyers Unwilling to Settle, reveals acute care EMR buyers know what is possible from an EMR and are now unwilling to settle for less.Acute Care EMR Market Based on Number of Hospital BedsCerner, Epic, and MEDITECH are most likely to be considered for large hospitals (500+ beds) and midsize hospitals (201–500 beds). The competition
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Health Catalyst IPO Journey: Future Opportunities & Challenges to Watch

by Alex Green, Director at Signify Research 08/02/2019 Leave a Comment

Health Catalyst IPO Journey: Future Opportunities & Challenges to Watch

Last week saw Health Catalyst common stock begin trading on the Nasdaq Global Select Market. This marks the culmination of a journey that started 11 years ago and provides a great illustration of a start-up that has maximized the potential of the move in healthcare to value-based care. However, the IPO comes at a time where there is some uncertainty gripping the markets it targets and there are several key challenges for Health Catalyst to overcome in order to drive future success. Here’s our
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DAS Health Acquires Health IT and Medical Billing Conglomerate

by Fred Pennic 08/02/2019 Leave a Comment

DAS Health Acquires Health IT and Medical Billing Conglomerate

DAS Health, an industry leader in health IT and management, announced today it completed the acquisition of a Milwaukee-based healthcare solutions conglomerate, including WRT Specialties, Inc., Easy PC Solutions, LLC, EasyMed Billing, LLC and Houston-based Systech Solutions. This follows DAS’ acquisition of Houston-based Altex Business Solutions earlier this year, and three Chicago-based companies at the end of 2018. Financial details of the acquisition were not disclosed.DAS Health Growth
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Medicare Advantage Plans Struggle With Internal Challenges to Keep Pace With Growth

by Fred Pennic 08/01/2019 Leave a Comment

Medicare Advantage Plans Struggle With Internal Challenges to Keep Pace With Growth

Many Medicare Advantage health plans (35%) struggle with internal challenges in keeping pace with growth, including technology and infrastructure limitations, according to results of its latest Voice of the Market Survey. In addition, 33.8% struggle with a lack of IT staff or resources to make necessary changes and 29.4% lack the in-house Medicare experts necessary to implement adjustments in response to business fluctuation.The survey was commissioned by HealthEdge and conducted by Survata, an
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Q&A: Dr. Geeta Nayyar Discusses the State of Physician Burnout & EHRs

by Erica Garvin 07/30/2019 Leave a Comment

Dr. Geeta Nayyar Discusses the State of Value-Based Care, HIT Challenges, and Physician Burnout

Before drifting off to sleep, most of us put on pajamas when it’s time to curl up with a good book or binge-watch what’s trending on Netflix—but not today’s doctors. According to one previous study, physicians spend nearly two hours conducting EHR/paperwork every night at home. This after-hour activity is known in healthcare as “pajama time,” but don’t let the cutesy nickname fool you. Turns out, time spent mired with EHR data is becoming a growing problem for physicians. A subsequent study
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ELLKAY Acquires X-link to Expand Healthcare Interoperability Footprint

by Fred Pennic 07/19/2019 Leave a Comment

ELLKAY Acquires X-link to Expand Healthcare Interoperability Footprint

ELLKAY, LLC, a provider of healthcare connectivity and interoperability solutions has acquired the assets of Tampa-based Legal Easy, Inc., including the industry-leading X-Link medical software interfacing solution. With the strategic acquisition, ELLKAY expands its healthcare footprint and empowers providers with an easier, more cost-effective way to achieve Promoting Interoperability (PI) objectives and quality measures. In addition, the acquisition strengthens ELLKAY’s core mission of
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John Muir Health to Outsource All Non-Clinical Operations to Optum

by Fred Pennic 07/18/2019 Leave a Comment

John Muir Health to Outsource All Non-Clinical Operations to Optum

John Muir Health has announced a strategic partnership with UnitedHealth Group’s (UHG) division, Optum to outsource their key non-clinical functions, including information technology, revenue cycle management, analytics, purchasing and claims processing. Through Optum’s operational technologies, analytic solutions and tools, and administrative services expertise, the partnership will ensure John Muir Health further advance its clinical and operational performance. The outsourcing agreement will
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Innovaccer Launches a Single Data System to Empower Medicare Advantage Plans

by Jasmine Pennic 07/18/2019 Leave a Comment

Innovaccer launches a Single Data System to Empower Medicare Advantage Plans

To assist Medicare Advantage plans in eliminating these complications and achieve the top Star Ratings, Innovaccer Inc., a San Francisco-based data activation company, has strengthened its solution for Medicare Advantage plans. The solution for MA plans is a comprehensive suite of solutions designed to solve all grassroots challenges to empower MA plans to ensure healthier patients and increased profits.Rise in Medicare Advantage EnrollmentThe CMS has projected that Medicare Advantage enrollment
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UCLA Spin Out DEARhealth Lands $6M for AI-Powered Pathways for Chronic Care

by Fred Pennic 07/17/2019 Leave a Comment

UCLA Spin Out Dear Health Lands $6M for AI-Powered Pathways for Chronic Care

DEARhealth, a health IT spin-out from the University of California, Los Angeles (UCLA) has raised $6.8 million in Series A funding to expand its AI-powered pathway platform for chronic care. Participants in the Series A funding round include Philips Health Technology Ventures, Vesalius Biocapital III and Health Innovations. DEARhealth was founded in 2011 by Daniel Hommes as a research project when a team of UCLA specialists designed a value-based care program for the management of chronic
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