Health2047, a Silicon Valley-based healthcare innovation enterprise has announced a $27.2 million follow-on investment from its founding partner, the American Medical Association (AMA). Health2047 plans to utilize the funding ramp up development and commercialization of promising new technology-based solutions in the areas of chronic disease reduction, radical productivity change, and value-based healthcare. Launched in 2016, Health2047’s mission is to transform U.S. healthcare at the system
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Value-Based Care| VBC-Related News, Analysis, Insights - HIT Consultant
Integra Connect Launches Advanced Analytics Suite for Oncology Practices
Integra Connect launches advanced analytics suite to help oncology practices improve cost-efficiency and quality of value-based cancer careOncology is the leading driver of cost in the healthcare industry today, increasing 88% (a rise of $20.7 billion) in the last five years. It is for this reason that oncologists need to be able to pull and analyze disparate clinical and financial data in a united format in order to predict high-impact interventions at patient and population levels to curb
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Aetion Raises $36M to Expand Evidence Analytics Platform for Value-Based Care
Aetion, a software platform company that delivers real-world analytics and evidence needed for biopharma and payers to engage in value-based care, has raised $36.4 million in Series B funding. The round was led by New Enterprise Associates (NEA) and included a new investor, Amgen Ventures, alongside existing investors Flare Capital Partners, Lakestar and Oxeon Ventures. Mohamad Makhzoumi of NEA will join the Aetion board of directors.With the addition of the $36 million, Aetion has raised a
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Chilmark Report Reveals Adoption Challenges for Patient Relationship Management Solutions
Enterprise healthcare organizations (HCOs) striving to improve patient engagement increasingly turn to solutions that can be described as patient relationship management (PRM) – but, as the latest report from Chilmark Research describes in detail, it’s much more than a rebranding of customer relationship management (CRM) for healthcare.The Market Scan Report, Patient Relationship Management: Higher Stakes Than CRM, describes why HCOs are interested in solutions that promise more targeted patient
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Optum and HealthBI Team Up on Value-based Care Partnership
Optum, the health business services arm of UnitedHealth Group, and HealthBI announce a partnership aimed at creating an industry-changing operation model for providers to practice and improve value-based care. The venture is initially aimed at boosting performance of Medicare Advantage plans.This partnership between Optum and HealthBI represents an exciting new chapter for true connected, value-based care, aimed at definitively proving that payer-provider collaboration moves the needle on better
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5 Use Cases for Chatbots in Healthcare
Where is the future of all this automated tech taking us? Conversa Health’s Phillip Marshall and Therachat’s Kouris Kalligas weighs in on five use cases for chatbots in healthcare. It comes on the screen in a blink, a little box that says, “Live Chat.” In the span of one click the text box comes to life with words: “Is there something I can help you with today?” It turns out, chatbots can and will help us do many things—and in healthcare—the virtual talk about its potential has just begun. Take
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Using Telephonic Nurse Advice to Reduce Avoidable ED Visits
Delivering care in the right setting at the right time is a well-accepted tenet of value-based, population health management. Directing patients or members to the most clinically appropriate level of care promises not only to reduce costs but also to improve the member experience. Take, for instance, the emergency department (ED). While EDs are vitally needed facilities that save countless lives, the experience can be stressful for patients given that ED staff are often rushing to care for
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Inovalon to Acquire ABILITY Network for $1.2B to Create Vertically Integrated Cloud-Based Platform
Inovalon, a technology company providing advanced, cloud-based platforms empowering a data-driven transformation from volume-based to value-based models has acquired ABILITY Network (“ABILITY”) for $1.2 billion. The combination of Inovalon and ABILITY creates a vertically integrated cloud-based platform empowering the achievement of real-time, value-based care from payers, manufacturers, and diagnostics all the way to the patient’s point of care.ABILITY is a leading cloud-based
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Centrus Health and Cerner Collaborate to Deliver Value-Based Care in Kansas City
Centrus Health, a Kansas City-based clinically integrated network, and Cerner have come together with a shared vision to improve health care delivery while reducing costs across the Kansas City community. Centrus Health, a network comprised of high-quality hospitals and providers in the region including North Kansas City Hospital, Shawnee Mission Health, The University of Kansas Health System and independent physicians facilitated by the Kansas City Metropolitan Physician Association, plan to
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Survey: 64% of Executives Believe EHRs Have Failed to Deliver Critical VBC Tools
64 percent of healthcare executives say EHRs have failed to deliver better PHM tools, and about half claim they would be willing to switch EHRs to get these capabilities, according to new data from Sage Growth Partners (SGP). The EHR market is maturing at the same time that value-based care has grown more permanent roots. As the inpatient EHR market begins to consolidate, SGP conducted an online survey of 100 healthcare executives (87% C-suite) to understand their perspectives about what EHRs
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