Saturday, December 30, 2023

< + > Weekly Roundup – December 30, 2023

Welcome to our Healthcare IT Today Weekly Roundup. Each week, we’ll be providing a look back at the articles we posted and why they’re important to the healthcare IT community. We hope this gives you a chance to catch up on anything you may have missed during the holidays.

Why AI’s Risks and Remedies Are Different in Healthcare. Andy Oram asked several lawyers – as well as a couple generative AI tools – about how states will need to adopt guidance about the use of AI in making judgments in a clinical setting, along with how its use may clash with both clinical workflows and patient privacy. Read more…

Bringing Care to the Streets in Nashville. Colin Hung spoke to Neighborhood Health CIO Anthony Villanueva about enabling a grassroots approach to care by giving care teams NextGen mobile technology to document encounters well beyond the clinical setting. Read more…

Taking Social Determinants of Health to New Heights. Andy took a deep dive into LexisNexis Health Equity and Inclusion Insights, which takes steps to provide more granular data by drawing on non-traditional data sources and evaluating data in the context of a patient’s environment. Read more…

Healthcare IT Today Podcast: 2023 Health IT Recap. John Lynn and Colin recap the year that was, offering their take on the biggest trends, best conferences, and favorite interviews of 2023. Read more…

Ensuring Continued Utilization of Telehealth for Outpatient Mental Health. Dr. Michael Levinson at Berger Singerman detailed the importance of efforts to expand interstate licensure given the established popularity of telehealth for providing mental health amid the end of the public health emergency. Read more…

Navigating Healthcare’s Identity Challenge and Preserving Patient Trust. Inaccurate or duplicate medical records can lead to medical mistakes, misdiagnoses, treatment delays, and increased strain on resources. All point to the need for a modern approach to patient identity verification, according to AU10TIX CEO Dan Yerushalmi. Read more…

Leveraging Connected Solutions for Improved Patient Care. Wearables, monitoring devices, and telehealth platforms will play an important role in caring for the aging population, wrote Huong Le Dieu at Baracoda – provided the industry can protect patient privacy and ensure accessibility. Read more…

Making Healthcare Device Asset Management Efficient. The first step to managing the risks associated with connected devices is knowing everything that’s connected to the network, said Wes Wright at Ordr. Given the number of devices in use at any time, automatic detection and identification is a must. Read more…

Bonus Features for December 24, 2023: 74% of orgs automating RCM operations, plus per-physician revenue exceeding expenses at U.S. hospitals. Read more…

Funding and M&A Activity:

Thanks for reading and be sure to check out our latest Healthcare IT Today Weekly Roundups.

Happy New Year, everyone! Cheers to a wonderful 2024.



Friday, December 29, 2023

< + > Robotics to aid early lung cancer detection at Englewood Health

Robotic-assisted bronchoscopy enables doctors to perform minimally invasive biopsies in distant areas of the lungs, including small nodules in the peripheral regions.

< + > R1 RCM to Acquire Acclara

Acquisition of Providence’s Current Modular Services Business Accompanied by 10-Year Agreement to Provide Comprehensive Revenue Cycle Management Services

R1 RCM Inc. (R1), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced that it has entered into a definitive agreement to acquire Acclara, a leading technology-driven revenue cycle management company, from Providence, one of the nation’s largest health systems; and the Company has been selected by Providence as its long-term revenue cycle management partner. The partnership lays the foundation for R1 to continue to automate revenue management and to extend its scale and diversification to build long-term value for providers, patients, and shareholders.

Providence serves the western U.S., with 51 hospitals, more than 1,000 physician clinics, senior services, supportive housing, and many other health and educational services. The health system and its partners employ more than 120,000 caregivers serving communities across seven states, including Alaska, California, Montana, New Mexico, Oregon, Texas, and Washington. Providence is among the top 10 U.S. integrated delivery networks (IDNs), recognized for leadership in developing innovative delivery models and a commitment to technology.

As part of the partnership, R1 has entered into a definitive agreement to acquire the Acclara business for $675 million in cash and warrants to purchase 12.2 million shares of R1 stock. At the closing of the acquisition, Acclara and Providence will enter into a 10-year agreement for comprehensive revenue cycle services, leveraging the breadth of integrated technology and services capabilities of R1 to serve Providence. The selection of R1 as Providence’s RCM partner for R1’s comprehensive solution suite was the outcome of a competitive process and represents the first major cross-sell of a strategic partnership from the Cloudmed customer base, which includes 95 of the top 100 U.S. health systems.

The addition of Acclara strengthens R1’s value proposition as the trusted partner of choice in comprehensive revenue cycle management. Acclara delivers cost-effective, innovative solutions to help healthcare providers across the United States improve the patient experience, minimize administrative burdens, and maintain regulatory compliance. With a team of experienced professionals and advanced technology platforms, Acclara supports patients and providers through streamlined billing and payment processes, improves financial performance, and enhances patient experience. Acclara’s comprehensive suite of services includes patient access, coding, billing, denial management, payment posting, and analytics focused on both health systems and physician practices.

“This strategic partnership with Providence demonstrates the confidence of one of our country’s largest and most innovative health systems in the full suite of R1’s technology and service solutions, at a moment when providers need our solutions more than ever,” said Lee Rivas, Chief Executive Officer at R1. “Providence is a pioneer of quality and compassionate faith-based care, and we are proud to work with Providence to be their trusted long-term partner to drive operational excellence and provide patients with affordable, high-quality care. We look forward to welcoming Acclara to R1.”

“Over the past few years, as part of our journey to support our patient-care mission, we have significantly enhanced our own revenue cycle management assets and capabilities,” said Providence Chief Financial Officer, Greg Hoffman. “After a careful evaluation, we are confident that R1 is the right partner to accelerate our vision, helping Providence ensure a best-in-class, compassionate revenue cycle experience for our patients. We are also proud of what the team at Acclara has built and are confident that they are positioned for continued success as part of R1.”

Strategic and Financial Benefits

  • Positions R1 as the Provider Platform of Choice: The proposed acquisition of Acclara and the 10-year Providence partnership demonstrate the strength and flexibility of the R1 business model, and R1’s ability to deploy advanced technology solutions and drive execution across revenue cycle management processes to improve customer and patient outcomes. R1 expects the transaction to provide a foundation for additional growth opportunities by expanding the end-to-end relationship with Providence and other Acclara customers. In addition, Acclara’s capabilities will further extend the breadth and scale of R1’s physician and modular businesses and are anticipated to further leverage technology and automation capabilities and drive future innovation fueled by an even larger real-time structured and unstructured data footprint.
  • Strong Financial Profile with Embedded Long-term Growth: The proposed 10-year agreement between Acclara and Providence combined with Acclara’s complementary capabilities are expected to expand R1’s scope of operations and drive revenue and Adjusted EBITDA growth. The combination of performance solutions and full-suite contracts is expected to contribute more than $625 million in revenue and approximately $185 million to Adjusted EBITDA by year five of the partnership, not including potential revenue synergies.
  • Significant Cost Synergy Opportunities: As a result of the acquisition, R1 estimates that it could realize approximately $30 million in run-rate cost synergies by the third year following the closing and run-rate cost synergies of approximately $50 million by year five.

Transaction Details

Under the terms of the acquisition agreement, R1 will acquire Acclara for $675 million in cash and warrants to purchase 12.2 million shares of R1 stock at a strike price of $10.52, including a 3-year lock-up.

The transaction, which is expected to be completed in early 2024, is subject to customary closing conditions, including the receipt of regulatory approvals, as well as the entry of Providence and Acclara into the 10-year revenue cycle management agreement.

R1 expects to finance the transaction with a new Term Loan B issued prior to close as well as its existing revolver.

Advisors

Centerview Partners LLC and J.P. Morgan acted as financial advisors to R1, and Perkins Coie LLP, Kirkland & Ellis LLP, and Baker Donelson acted as legal counsel. BDT & MSD Partners acted as financial advisor to Providence, and McDermott Will & Emery and ArentFox Schiff LLP acted as legal counsel.

About R1 RCM

R1 is a leading provider of technology-driven solutions that transform the patient experience and financial performance of hospitals, health systems, and medical groups. R1’s proven and scalable operating models seamlessly complement a healthcare organization’s infrastructure, quickly driving sustainable improvements to net patient revenue and cash flows while reducing operating costs and enhancing the patient experience. To learn more, visit r1rcm.com.

About Acclara

Acclara, a for-profit subsidiary of Providence, is dedicated to transforming the healthcare industry by providing cost-effective, high-quality revenue cycle management solutions that empower healthcare providers to focus on their primary mission—patient care. With a workforce of over 2,600 employees spanning all 50 states, Acclara leverages extensive industry expertise and best practices to assist health systems and providers in enhancing cash flow, reducing administrative complexities, and ensuring compliance. For more information about Acclara, please visit acclara.com.

About Providence

Providence is a national, not-for-profit Catholic health system comprising a diverse family of organizations and driven by a belief that health is a human right. With 51 hospitals, over 1,000 physician clinics, senior services, supportive housing, and many other health and educational services, the health system and its partners employ more than 120,000 caregivers serving communities across seven states – Alaska, California, Montana, New Mexico, Oregon, Texas, and Washington, with system offices in Renton, Wash., and Irvine, Calif. Learn about our vision of health for a better world at providence.org.

Originally announced December 6th, 2023



Thursday, December 28, 2023

< + > It's time FDA and CISA update their medical device agreement, says GAO

The watchdog agency said that it found the existing coordination agreement does not reflect "organizational and procedural changes," including the FDA's authority to find that medical devices in use violate federal law. 

< + > Nashville’s Neighborhood Health Takes to the Streets with NextGen’s Mobile Technology

Equipped with NextGen Healthcare’s mobile application and other tech, Neighborhood Health, an FQHC in Nashville TN, is bringing care to the streets of the city – literally. Learn more about this grassroots approach to meeting patients where they are.

Healthcare IT Today caught up with Anthony Villanueva, the CIO of Neighborhood Health after he presented at the NextGen User conference. Together with Dr. Ebony Funches from Venice Family Clinic, Villanueva shared insights and strategies for street medicine programs.

Street Medicine

Neighborhood Health faced a significant challenge when the COVID-19 pandemic hit in March 2020. With their facilities shut down and no public transportation available, they could not see the patients they care for. To address this, the organization decided to bring healthcare directly to those in need on the streets of Nashville.

To do this, Neighborhood Health chose to implement NextGen’s mobile solutions

Care Through NextGen Mobile

Since laptop computers were not an option for field work (too bulky, battery life too short, and too expensive), NextGen’s mobile app was the perfection fit. The app provides all the basic functions needed in the field – access to the medical record, e-prescribing, and charge entry.

“It also provides us the ability to take pictures and send them securely back to our office,” explained Villanueva. “This helps to fully document a chart which saves time, and a complete chart means better care for our patient.”

Patient navigators in the field are equipped with an LTE-enabled tablet.  A clinical care team, comprising a patient navigator, medical assistant, clinician, and administrator, collaborate seamlessly using mobile technology.

Neighborhood Health’s street medicine initiative is helping them not just bridge gaps in access to care, but changing how care is provided, one street at a time.

Watch the interview with Anthony Villaneuva:

Learn more about Neighborhood Health at https://www.neighborhoodhealthtn.org/

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< + > Ketryx Raises $14M in Series A Funding Led by Lightspeed Venture Partners

Investment Fuels Innovation to Ensure Patient Safety and Validate the Use of AI in Medical Devices

Ketryx, provider of the first and only connected application lifecycle management software for the life sciences industry, today announced that it has raised $14 Million in Series A funding. The round was led by investor Lightspeed Venture Partners, with participation from existing investors including MIT’s E14 Fund and Ubiquity Ventures, bringing the total funding raised to date to over $18 Million. Lightspeed Partner, Guru Chahal, will join the board. The new funds will be used to accelerate product development and commercial expansion.

The healthcare industry is embracing software and its promise to improve patient outcomes, including the power of Artificial Intelligence/Machine Learning (AI/ML). As a result, companies are grappling with how to maintain quality assurance and regulatory compliance as more frequent software updates are required and software complexity grows.

“Our mission is to enhance medical software safety and reliability, reducing recalls and improving patient outcomes. Quality assurance is becoming more complex as software and AI rapidly permeate the healthcare industry,” said Ketryx Founder and CEO, Erez Kaminski. “We’re thrilled to partner with Lightspeed to further our mission, expand access to our platform, and meet the fast-growing market demand.”

Traditional manual approaches to software quality assurance are now inadequate and increasingly prone to human errors that could result in injury or death. The solution is to integrate automation and quality process enforcement into the software development lifecycle and quality processes. This ensures teams follow best practices and proactively empowers them to identify and mitigate risks before they affect performance.

With this objective in mind, Ketryx has assembled a team of experts who understand software development, regulation, and AI/ML. It includes professionals from the FDA, Wolfram Research, creator of the world’s largest AI-knowledge engine; and quality leaders from Amgen, one of the world’s leading biotechnology companies known for its high-quality practices.

In building out its solutions, Ketryx spent years designing products around FDA regulations and quality standards. The result is a purpose-built Connected Lifecycle Management platform that automates and aligns many of the manual tasks and processes, like traceability, required of medical software development and quality teams.

Customers can now automate much of what the industry has traditionally done by hand, including documentation, process enforcement, and traceability. In addition, development teams can refocus their time and use modern DevTools and DevOps practices. This is all possible because Ketryx overlays and transforms development tools into an FDA-compliant single source of truth for the total product lifecycle including automated documentation.

“As software becomes more intrinsic to everything we do as a society, there will be more regulation, especially where software impacts human health and safety,” said Guru Chahal. “It is key though that we enable technology companies to be compliant with regulations, without impacting the pace at which they innovate. That’s why Lightspeed is so excited about Ketryx – their platform is uniquely positioned to help companies around the world develop software faster while remaining safe and compliant.”

Ketryx is helping some of the top medical device manufacturers in the world streamline their regulated development processes to deliver safer software faster for connected medical devices, drug delivery systems, surgical robotics, imaging diagnostics, and regulated medical apps like digital therapeutics.

Ketryx uses its own software to build and release FDA-compliant cloud-based validated software regularly—the promise that has attracted so many early customers.

About Ketryx

Ketryx is the first and only connected application lifecycle management software for the life sciences industry. Our automation-based software enables companies building FDA-regulated software and AI-based applications to accelerate development through modern cloud-based tools while improving quality and compliance. Ketryx creates a real-time, and traceable, single source of truth by overlaying product development tools and connecting all items, risks, code, and tests. Teams reduce their time to market with automated documentation and improve their quality and compliance through the enforcement of SOPs across connected systems. Learn more at ketryx.com.

Originally announced December 5th, 2023



< + > NewYork-Presbyterian pays $300K to settle NY pixel tracking case

The hospital "failed to handle its patients’ health information with care," said Attorney General Letitia James. It has pledged to update its policies on third-party tools, ensure deletion of PHI gathered by those tools and boost its privacy safeguards.

Wednesday, December 27, 2023

< + > JAMA research: AI model explanations don't meaningfully mitigate against bias

A randomized clinical vignette survey across more than a dozen states, with hospitalists, NPs and PAs taking part, evaluated systematically biased algorithms and how clinicians make decisions with image-based AI guides.

< + > LexisNexis Risk Solutions Takes Social Determinants of Health to New Heights

During the past decade, finally, health care is starting to deal in a structured, measurable manner with the life factors and environments that play the biggest role in their patients’ health. A recent offering from LexisNexis Risk Solutions promises to greatly expand access to this data, called social determinants of health (SDoH), for payers, clinicians, public health agencies, pharma companies, and other researchers.

The company LexisNexis Risk Solutions is almost synonymous with the data banks of consumer data that financial firms and other businesses consult for identity verification and outreach. The company’s contributions to SDoH data were covered by a recent article in this publication along with this SDoH interview and this SDoH Maturity Model. But the new LexisNexis Health Equity and Inclusion Insights offering adds new data and improves its quality.

Data collection is undergoing more and more scrutiny by the press and legislators. A recently released book that critiques data collection on individuals, The Hank Show by McKenzie Funk, connects the history of tracking individuals with current trends in analytics, AI, and facial recognition. The final chapter on social determinants of health comes out more positive than most of the others. During the serious conversations going on currently about privacy and potential bias, we should also highlight the benefits of non-traditional data sources to improve health, as shown by the SDoH service from LexisNexis Risk Solutions.

SDoH data can allow clinicians and payers to identify patient needs, such as for food, transportation, or home visits. The data can direct resources in communities to services that address urgent problems. And it can allow clinicians to offer treatments with more sensitivity to patient preferences and capabilities.

The material about LexisNexis Health Equity and Inclusion Insights in this article is based on an email exchange I had with Diana Zuskov, associate vice president of healthcare strategy there.

Increasing Types of Available Data

The information traditionally available from LexisNexis Risk Solutions, as described in the previously-cited article, includes relatively straightforward items such as address and educational level, which LexisNexis can extract from public data sources. However, the new service also reports more complex information that doesn’t exist as fields in some source. For instance, to calculate the individual’s proximity to a healthcare provider and access to transportation, they need to combine addresses and other data points from multiple sources.

Calculations and modeling draw on available data about communities and the individual’s environment, as well as the usual information on individuals and households.

Quality and Diversity

Racial minorities and women have historically been harmed by both a dearth of data and the poor of that data. For instance, many people in the United States don’t have insurance, so there is no billing information from which to learn their health status. Similar gaps in information occur if they rarely go to a doctor.

Consequences, such as low participation in clinical trials, have seriously detrimental impacts on the health of excluded populations.

When data is collected, it might be done in a cavalier manner, such as bureaucratically lumping 60% of the world’s population into the category of “Asian.” This category masks important disparities between populations, recalling the old racist trope, “They all look alike anyway.”

When preparing LexisNexis Health Equity and Inclusion Insights, the company took conscious efforts to be inclusive and equitable. The organization achieved better population coverage by including non-traditional data sources to represent underserved populations that may not be adequately represented in surveys or marketing data sources.

Zuskov points out that much data collection in health care relies on visiting a clinical provider, which many people don’t do regularly. By looking at other publicly available data sources to round out the picture, they standardize data collection in a more continuous, holistic, and population-based approach. The resulting data provides rich insights on those who are most vulnerable and least likely to have regular healthcare interactions. Their data should help drug companies, researchers, and health care organizations meet health care quality goals and their own commitments to diversity.

Providing Answers

Databases can have excellent data, but effective use of that data requires effective delivery.

One of my previous articles on SDoH data listed a number of standards for data exchange, notably Gravity. Zuskov says that LexisNexis uses such standards where appropriate, but points out that they are limited because they “typically apply to SDoH data within a clinical interaction in an EHR system.” She says, “For true patient-centered care, I believe it’s critical to consider SDoH data outside of the 10-minute visit in a doctor’s office.”

As an example, she points to patients whose lack of transportation or requirements for work or child care lead them to miss their appointments. These problems must be addressed outside the visit, in advance. By evaluating each individual’s characteristics in the context of their environment—combining information about the patient’s location, the provider’s location, and public transportation—LexisNexis Risk Solutions can alert its clients to such issues.

Thus, the new service is based on an understanding of what questions clinicians, researchers, and others are asking. Zuskov listed some of the typical questions LexisNexis can answer now.

  • Healthcare providers: What barriers to care exist for this patient or cohort of patients?
  • Health care providers, payers, and pharmacists: What social care, care management, or other programs and benefits would be most relevant based on this patient’s barriers to care?
  • Payers and health care systems: Are we reaching the appropriate vulnerable or diverse populations in our health equity strategy? Are there disparities in program participation or health outcomes?
  • Life science and public health researchers: Is my research study inclusive and representative of the population?
  • Life science and public health researchers: What social determinants might be affecting the outcomes I am seeing in my research?
  • Public health researchers: What barriers in care can we address through patient assistance programs or other resources to support people throughout a multi-year research study (while also reducing loss of subjects during follow-up)?

The fields of medicine and public health know quite a bit about what causes illness. They also know that there’s a lot more we could do right now to reduce disparities and improve care for people who are currently left behind. I look forward to more data, wisely used.



< + > Biorithm Secures $3.5 Million in Series A Funding to Advance Maternal Care Worldwide

New Funds to Fortify US Market Entry and Growth Strategy, as well as Advance Breakthrough Research

Biorithm, a global women’s health medtech, has closed $3.5 million in Series A funding, co-led by Adaptive Capital Partners and SEEDS Capital. With a homegrown spirit and a global vision, Biorithm is dedicated to developing cutting-edge solutions for personalized connected maternity care. The funding will fuel Biorithm’s expansion in Southeast Asia and the United States. It also will assist the company in advancing Femom, a comprehensive obstetric remote monitoring solution, and completing clinical studies to support a 510(K) premarket submission to the US Food and Drug Administration.

Complications from childbirth result in mortality for 800 women every day. Biorithm is committed to ending preventable pregnancy complications by pioneering new standards of care through protocol-based remote monitoring of maternal and fetal biometrics. Biorithm’s Femom is a patient-friendly technology that facilitates patient monitoring, accessible personalized guidance, and seamless integration of predictive analytics that helps clinicians identify early signs of complications.

Julian Robinson, Chairman of Biorithm Medical Advisory Board, highlighted the significance of this technology, which will offer enhanced accessibility and improved healthcare outcomes. He further emphasized, “Biorithm will enhance care, minimize inconvenience, and reduce cost for patients and improve the efficiency and effectiveness of the clinical health care provider. Above all, it will improve medical outcomes for mothers and their babies.”

With headquarters in Singapore and Massachusetts, Biorithm aims to strengthen the women’s health ecosystem globally. Amrish Nair, Founder and CEO, expressed gratitude for investor support, envisioning a future where every expectant mother has proactive and connected healthcare. The funding from new investor Adaptive Capital Partners and existing investor SEEDS Capital reaffirms their recognition of Biorithm’s pivotal role in reshaping women’s healthcare through innovative technology.

“We are truly heartened to have the support of our new and existing investors. We feel a deep commitment to improving the health of expectant mothers and putting an end to preventable complications. There is a collapse of maternal care driven by socio-economic factors and limitations of current monitoring technologies in many regions across the world, and we are hard at work to solve this problem in partnership with others. The investment we have received is a testament to our mission at Biorithm, and a future where every expectant mother has access to healthcare that is not only proactive but profoundly connected to her unique journey.” said Nair.

Having successfully completed clinical trials with healthcare institutions in Singapore and the United Kingdom, Biorithm will be expanding its clinical trial footprint to more priority markets. Biorithm is also channeling its incoming funding into further research that demonstrates how remote care can be most effectively deployed. In its aim to strengthen the overall women’s health ecosystem, Biorithm will chart out and foster key partnerships with various stakeholders globally to improve maternal and baby health through data, and personalized, accessible care.

“Building a system of connected medical care is crucial to help clinicians predict, diagnose, and formulate calculated decisions on early intervention to prevent complications and devise treatments. We are excited with our investment into Biorithm as the company is focused on creating measurable and actionable value in maternal health, integrating this system across all touchpoints to ensure safety throughout the pregnancy journey.” said Shi Ying, Founder and Managing Partner at Adaptive Capital Partners.

Tan Kaixin of SEEDS Capital added, “By leveraging technology to enable remote monitoring, Biorithm’s offering provides enhanced access to quality care for expectant mothers. We are excited to continue backing Biorithm as they accelerate their commercialization in the US and support their vision of revolutionizing the global maternal health market. Investments in MedTech startups like Biorithm will propel the healthcare ecosystem to new heights.”

About Biorithm

Biorithm envisions a world with better access to maternal care and improved outcomes for mother and child. To achieve this, Biorithm has developed a remote maternal-fetal care platform with novel intellectual property in devices and algorithms. Having grown from academia, Biorithm is now present globally, working with clinical partners to deliver better care for mothers and babies. For more information visit bio-rithm.com

About SEEDS Capital

As the investment arm of Enterprise Singapore, SEEDS Capital catalyzes smart investments into innovative Singapore-based early-stage startups with strong intellectual content and global market potential. We adopt a co-investment model, working hand in hand with institutional investors from around the world. Leveraging our collective expertise and networks, we help startups commercialize, realize their business development plans, and expand globally. We focus our investments into emerging and strategic sectors aligned with national priorities, including Manufacturing, Trade & Connectivity, Human Health & Potential, Urban Solutions & Sustainability, and Smart Nation & Digital Economy.

About Adaptive Capital Partners

Adaptive Capital Partners is a Singapore-based, early-stage technology-focused venture capital firm. Adaptive invests in high conviction and disruptive technology startups with a predominant focus in HealthTech and MedTech while working with founders in many of their defining challenges with the team’s deep experience as an operator and research background.

Originally announced December 18th, 2023



< + > What's in Australia's 10-year digital health blueprint?

It is doubling down on data access to enable personalised care and connected health over the next decade.

Tuesday, December 26, 2023

< + > FirstHealth of the Carolinas solves access problem with Virtual Provider program

With telemedicine, the time it takes for patients coming out of the ER or a convenience clinic to see a primary care provider has gone from weeks to 24-72 hours. And virtual care has helped the health system achieve a 72% completion rate of Medicare annual wellness visits.

< + > A 2023 Health IT Recap – Healthcare IT Today Podcast Episode 130

The 130th episode of the Healthcare IT Today Podcast will be our last episode in 2023, so we are taking a moment to reminisce and look back at another great year of health IT! First, we share our biggest takeaways from 2023. Then we discuss our thoughts on the current state of the healthcare industry. Next, take a look back at all of the articles and interviews from 2023 and try to pick out our favorites. Then to wrap everything up on our last episode for the year, we talk about our favorite conference from the year.

Here’s a preview of the topics and questions we discuss in this episode:

  • What was your big takeaway from 2023?
  • What is your take on the current state of the healthcare industry?
  • What were your favorite articles or interviews in 2023?
  • What was your favorite conference?

Now, without further ado, we’re excited to share with you the next episode of the Healthcare IT Today podcast.

We publish a new Healthcare IT Today podcast every ~2 weeks. Thanks to our friends at Healthcare Now Radio, you’ll be able to listen to the latest episodes of Healthcare IT Today on their radio station for the first two weeks. Then, we’ll be publishing each episode as a podcast and YouTube video here after it finishes on the radio.

You can also subscribe to the Healthcare IT Today podcast on any of the following platforms:

Thanks for listening to Healthcare IT Today and if you enjoy the content we’re sharing, please rate the podcast on your favorite podcasting platform.

Along with the popular podcasting platforms above, you can Subscribe to Healthcare IT Today on YouTube.  Plus, all of the audio and video versions will be made available to stream on HealthcareITToday.com.

If you work in Healthcare IT, we’d love to hear where you agree and/or disagree with the perspectives we shared. Feel free to share your thoughts and perspectives in the comments of this post, in the YouTube comments, with @Colin_Hung or @techguy on Twitter, or privately on our Contact Us page. Let us know what you think of the podcast and if you have any ideas for future episodes.

Thanks so much for listening!

Listen to Our Latest Episodes:



< + > Resurgens Technology Partners Invests in Valant – An Industry Leader in Software Supporting the Behavioral Health Industry

Resurgens Technology Partners, a software-focused private equity firm, today announced its investment in Valant, a cloud-based EHR for behavioral health practices.

Based in Seattle, Valant aims to make the world a mentally healthier place, providing technology to better connect behavioral health patients and providers whenever and however they need care. Valant is a one-stop shop for growing behavioral health practices, delivering solutions for their ever-evolving needs with a leading cloud-based EHR and practice management platform.

“Our team is thrilled that we have the support of a leading software investor to drive Valant’s adoption and to provide better outcomes for behavioral health patients and practices alike,” said Valant CEO, Ram Krishnan. “Resurgens Technology Partners has the expertise and vision to support Valant’s plan to deliver value across the behavioral health landscape through its modern, purpose-built cloud platform.”

Resurgens invested in Valant alongside the firm’s Operating Partner, Trey Carter. Carter joined Resurgens in February 2023 to support investments in the behavioral health technology space following a 28-year career in the industry, during which he built two of the nation’s largest behavioral healthcare services companies (Summit BHC and Acadia Healthcare). As part of Resurgens’ investment, Carter will join the board and partner with the Valant management team to accelerate the company’s growth.

“We have a unique opportunity to deliver best-in-class, purpose-built software solutions for an expanding marketplace,” Carter said. “Having built several scaled behavioral healthcare companies, I know first-hand the opportunity that exists in this market. I believe Valant’s solution, which is built to solve the specific challenges of behavioral health practitioners, will improve the daily lives of clinicians, drive operational excellence in their practices, and most importantly, improve patient outcomes. I am excited about the opportunity to build Valant into a true market leader and I am ready to get to work with the team.”

Valant software supports the clinical, administrative, and financial functions of a behavioral health practice, serving practitioners, patients, and practice owners. The Resurgens investment will expand the ways in which Valant serves its customers and accelerate its new client acquisition in support of the company’s purpose to make the world a mentally healthier place.

“We have seen the value Valant’s software delivers to its clients – saving hours on clinical documentation, driving patient outcomes, boosting revenue per claim, and reducing the time staff spend on administrative tasks,” said Fred Sturgis, Managing Director at Resurgens. “We believe that Valant is building the only purpose-built, full-suite solution for this market, making it the industry-standard choice for growth-minded behavioral health practices, and we are excited to support that growth.”

Valant is Resurgens’ seventh platform investment in the firm’s $500 million second fund and represents a continuation of the firm’s strategy to invest in the growth of vertical software companies that are leaders in their market segments.

Gemspring Capital Partners were the sellers of the business and were advised by Aeris Partners and McDermott Will & Emery. Lincoln International and DLA Piper served as advisors to Resurgens in the transaction.

About Resurgens Technology Partners

Resurgens Technology Partners is a tech-focused private equity firm investing in North American and select European lower middle-market application and IT/infrastructure software businesses. Resurgens’ growing team offers a diversity of investing, operating, and talent management experience, applying an active and engaged value creation approach with each portfolio company. Resurgens is headquartered in Atlanta, with additional professionals located in Austin, London, and Silicon Valley. For more information, please visit resurgenstech.com.

About Valant

Valant was founded in 2005 to provide behavioral health providers in solo and group practices with software to streamline administration and, most critically, improve patient outcomes. Inspired by the fact that technology has transformed lives in meaningful ways, the Seattle-based company has reinvented the way behavioral healthcare practices can serve their patients. Valant understands that healthier clients and happier clinicians lead to higher revenue. Its integrated solution allows clinics to provide better care, run a smoother and more efficient operation, and ensure full compliance with applicable laws and regulations. Not only are its products made specifically for behavioral health practices, but its support team is also made up of experts in the field, allowing providers to focus their time on providing unparalleled clinical care. To learn more, please visit valant.io

Originally announced December 4th, 2023



Monday, December 25, 2023

< + > Sri Lanka's national emergency service launches AI, mixed reality-powered connected ambulance

1990 Suwa Seriya, now equipped with Mediwave's emergency response suite, posts a response time of 11 minutes and 38 seconds.

< + > Happy Holidays and Merry Christmas!

Happy Holidays and Merry Christmas to all of the Healthcare IT Today community!  We’re enjoying the day off to enjoy time with family.  We hope you’re doing the same, but want to say thank you to all the healthcare workers that are still out there working on Christmas.  We appreciate you and your sacrifice.  Thanks to all of you who support what we do at Healthcare IT Today!



Sunday, December 24, 2023

< + > Bonus Features – December 24 , 2023 – 74% of orgs automating RCM operations, per-physician revenue exceeding expenses at U.S. hospitals, plus 19 more stories

Welcome to the weekly edition of Healthcare IT Today Bonus Features. This article will be a weekly roundup of interesting stories, product announcements, new hires, partnerships, research studies, awards, sales, and more. Because there’s so much happening out there in healthcare IT we aren’t able to cover in our full articles, we still want to make sure you’re informed of all the latest news, announcements, and stories happening to help you better do your job.

News and Studies

Partnerships

Product and Company News

Sales

People

If you have news that you’d like us to consider for a future edition of Healthcare IT Today Bonus Features, please submit them on this page. Please include any relevant links and let us know if news is under embargo. Note that submissions received after the close of business on Thursday may not be included in Bonus Features until the following week.



Saturday, December 23, 2023

< + > Weekly Roundup – December 23, 2023

Welcome to our Healthcare IT Today Weekly Roundup. Each week, we’ll be providing a look back at the articles we posted and why they’re important to the healthcare IT community. We hope this gives you a chance to catch up on anything you may have missed during the week.

New HIPAA Security Rule – and Enforcement – Is Coming in 2024. Mike Semel said updates to the HIPAA Security Rule should be in place by the end of next year, as ONC plans to release a draft rule in the spring. Along the same lines, we can expect HHS to ask for additional enforcement authority for OCR so the agency can clear its backlog of HIPAA data breach incidents. Read more…

The Advantages of Human Scribes for Clinical Notes. Instead of using AI alone, Speke is betting on the idea that clinicians will prefer a combination of ambient clinical voice together with human scribes to create high-quality notes, Vadim Khazan told John Lynn. Read more…

QHIN Commentary at the ONC Annual Meeting. John made it to DC for the ONC Annual Meeting for the first time. He got reactions from the leaders of the five designated QHINs, along with two groups that should finish the QHIN application process shortly – and got everyone to share things that people don’t understand (yet) about QHINs. Read more…

Lock Sockets: A Simple But Valuable Solution. Hospitals keep careful tabs on smartphones and tablets, but charging cables seem to have a habit of getting up and walking away. That’s why John was happy to talk about Lock Sockets, which as the name implies keep charging cables locked in place – and, as a bonus, prevents them form bending. Read more…

NextGen Focusing on Practical Ways to Use AI to Improve Workflows. At the company’s User Group Meeting, Colin spoke to CEO David Sides and CMO Dr. Robert (Bob) Murry about using AI for ambient clinical voice and allowing the patient-provider conversation to happen face-to-face again. Read more…

Healthcare Needs a Concerted Effort to Define Responsible Use of AI. In the absence of a true definition of “responsible use” of AI in healthcare, providers should consider running AI parallel to accepted standards of care and evidence-based practices, according to Dr. Amy Hester at HD Nursing. Read more…

Mitigate Risk, Reduce Costs with Smart Health Records Management. Many organizations took a “scan it all” approach to digitizing paper records, noted Mitchell Perry at Access. A more practical approach is to strategically organize, securely store, and seamlessly retrieve EHRs using smart records management systems. Read more…

The Future of Healthcare Is Integrated Data for Integrated Care. Data fragmentation causes clinical and financial problems throughout healthcare. Standardizing and enriching data improves data quality and turns data into a strategic asset, said Venki Subramanian at Reltio. Read more…

A Three-Pronged Approach to Fortifying Healthcare Cybersecurity. Ferdinand Hamada at MorganFranklin Consulting described the role of identity and access management, robust employee onboard and offboarding, and centralized IT monitoring in reducing cybersecurity risk. Read more…

How Reverse Bed Chain Can Tackle Hospital Inefficiency. Traditionally, patients are pulled from the ED and other hospital departments one at a time. A reverse bed chain bundles patients into groups, and synchronization helps reduce ED backlogs, noted Navenio CEO Connie Moser. Planning this properly requires the right technology. Read more…

Featured Health IT Job: Epic PB and HB Claims Analyst, a remote role with a Texas-based client of Stoltenberg Consulting, posted to Healthcare IT Central.

Bonus Features for December 17, 2023: 97% of hospitals now capable of enabling electronic access to patient records, but 70% of hospitals face hidden business continuity challenge. Read more…

Funding and M&A Activity:

Thanks for reading and be sure to check out our latest Healthcare IT Today Weekly Roundups.

Happy Festivus, everyone! May you ace your feats of strength and adequately air your grievances.



Thursday, December 21, 2023

< + > First LG CNS AI cooperation in South Korea and more briefs

Also, FPT has closed a deal to exclusively distribute Nipro's blood glucose monitors in Vietnam.

< + > How to implement healthcare cyber insurance

The HHS 405(d) program has new resources to help small to large healthcare organizations navigate what's important when implementing cyber insurance.

< + > At Geisinger, DME ordering automation pays off with big dividends

The health system and health plan has seen a 4-times ROI from its durable medical equipment technology work with its healthcare at home program. What's more, Geisinger has reduced overall turnaround time by 83%.

< + > The Advantages of Human Scribes for Clinical Notes

Speke is a premium service that provides scribal services to clinicians. While many companies boast of creating clinical notes purely through natural language processing and AI, Speke leverages ambient clinical voice together with human scribes to create a higher quality note for the clinician.

Executive Vice President Vadim Khazan justifies the choices made by Speke, which is part of the company ScribeAmerica, by posing a trade-off. Despite “staggering advances in natural language processing,” AI-generated notes are rarely correct in all details and sometimes have major lapses. Thus, the doctor has to spend more time correcting the note than with a well-trained human scribe.

There are also other advantages to using human scribes, assisted by AI. They can reflect the different preferences that doctors have in the notes. Integration with the EHR is much easier because a person is logging in and uploading the note. Speke works with all EHRs.

Listen to the video for more details about how the service works, how they use feedback from both scribes and clients to improve quality, and the future of the technology.

Learn more about ScribeAmerica: https://www.scribeamerica.com/speke/

Check out other articles on ambient clinical voice:

Listen and subscribe to the Healthcare IT Today Interviews Podcast to hear all the latest insights from experts in healthcare IT.

And for an exclusive look at our top storiessubscribe to our newsletter.

Tell us what you think. Contact us here or on Twitter at @hcitoday. And if you’re interested in advertising with us, check out our various advertising packages and request our Media Kit.



< + > Season Health Announces Strategic Asset Acquisition from Wellory to Expand Clinical Network of Registered Dietitians and Insurance Coverage

Season Health, the leading integrated food-as-medicine platform, today announced the closing of a strategic acquisition of clinical assets from Wellory, one of the largest networks of registered dietitians in the country providing medical nutrition therapy to patients nationwide. This accelerates Season’s growth by significantly expanding its provider network and its ability to offer comprehensive, personalized nutrition care to more patients, including those looking for in-network benefits.

Since its founding in 2019 by Emily Hochman and Jeni Fahy, Wellory has focused on unlocking access to quality nutrition care services nationwide. In the four years since, Wellory’s network of registered dietitians has provided evidence-based nutrition care for thousands of Americans across all 50 states, supporting both chronic condition management and general wellness via digital nutrition solutions. The Wellory provider network is composed of registered dietitians, who together offer 25 clinical specialties, provide support in over 15 languages, and have an average of more than ten years of clinical experience.

Wellory CEO and Co-Founder, Emily Hochman said, “Our mission since Day One has been to make nutrition care accessible for all – to integrate nutrition services as an essential part of a patient’s health journey. Season’s dedication to a food-as-medicine platform and its commitment to enabling people with chronic conditions to eat well and live well is aligned with our vision for the future of nutrition in healthcare. We’re excited that Wellory will help accelerate Season’s nutrition offering to support more people in need.”

Founded in 2020, Season is the leading Food-as-Medicine Platform backed by investors including Andreessen Horowitz, LRVHealth, and 8VC. Wellory’s extensive nutrition provider network will expand Season’s outcomes-driven clinical nutrition practice and allow Season to continue rapidly scaling its platform, which includes affordable medically-tailored meals and groceries, culturally relevant recipes, nutrition education, and an integrated benefits bank.

This strategic move enables Season to meet demand as it partners with employers, health plans, and providers, addressing the urgent issue of chronic disease in the United States. This broadened provider network will be powered by Season’s technology platform that translates clinical guidance into healthy, often subsidized food options that integrate with payer benefits. Season is now positioned to provide more patients with conditions including diabetes, chronic kidney disease, obesity, and high-risk pregnancy with evidence-based clinical programs that have been proven to drive improved health outcomes and lower total cost of care.

“The integration of Wellory allows us to scale our provider network and insurance coverage, which in turn makes clinical nutrition care more accessible for patients nationwide,” said Season CEO and Co-Founder Josh Hix. “Season’s approach to food-as-medicine is proven to drive improved health outcomes across a wide array of chronic diseases by creating a customized approach for every member. This acquisition allows us to immediately amplify that impact.”

Season members currently engage with registered dietitians three to four times per month, on average, via both messaging and virtual visits. This data-driven, customized approach is felt downstream with proven clinical results. In a recently validated report focused on Season’s diabetes program, Season’s personalized clinical nutrition care was shown to drive improved health outcomes: members with diabetes who had HbA1c levels at or above 9 points lowered their levels by an average of 1.8 points in 90 days when engaged with Season’s registered dietitians and related clinical program.

About Season Health

Season Health is the only integrated Food-as-Medicine Platform that drives engagement, health outcomes, and total cost of care reduction for individuals, health plans, and employers across populations. By combining evidence-based clinical care with access to affordable medically-tailored meals and groceries, Season empowers individuals and their families to make informed, sustainable choices, measurably improving both health outcomes and quality of life. Learn more at seasonhealth.com

About Wellory

Wellory is the leading nutrition care platform connecting patients with registered dietitians, covered by health insurance. In-network to support over 120 million Americans, Wellory makes it easy for patients to connect with a personal dietitian, unlocking access to quality nutrition care for those with diet-related diseases. Wellory is a recognized organization working in collaboration with the White House National Strategy on Hunger, Nutrition, and Health.

Originally announced November 28th, 2023



Wednesday, December 20, 2023

< + > 2024 will see massive growth in generative AI – but also more regulation

One venture capitalist predicts big news for genAI in healthcare next year, but also expects more government intervention to help protect against patient safety risks and provider liability.

< + > Can government and industry solve racial bias in AI?

Leaders at ONC's annual meeting were asked whether they're confident that federal agencies and the private sector can work together to foster innovation while protecting against bias and safety risks. Here's what they had to say.

< + > The Future of Healthcare: Integrated Data for Integrated Care

The following is a guest article by Venki Subramanian, SVP Product Management at Reltio

When data is missing, inaccurate, incomplete, or misdirected, it can have severe, sometimes life-altering impacts.

For example, in a survey by the Journal of the American Medical Association, approximately 1 in 5 patients who reviewed their electronic health record (EHR) ambulatory notes found an error–and 40% of these patients perceived the mistakes as serious, including mistakes in diagnoses, medical history, medications, test results, notes on the wrong patient, and sidedness.

Healthcare organizations are grappling with the challenge of siloed structured data – a predicament where crucial patient information is confined within disparate systems that do not communicate. This data segmentation hampers the holistic understanding of patient health and impedes timely and coordinated care delivery. The siloed nature of such data repositories can be attributed to various factors, including using different EHR systems, varying data capture standards, and a historical lack of emphasis on system interoperability.

The solution to these challenges lies in the adoption of interoperable data systems. Interoperability, the ability of different information systems, devices, and applications to access, exchange, integrate, and cooperatively use data in a coordinated manner, promises to dismantle these silos. It offers a seamless flow of information across platforms and stakeholders, ensuring that the right data reaches the right place at the right time. As the industry increasingly recognizes the importance of data interoperability, healthcare companies are poised at the cusp of a data revolution that could redefine patient care.

Fragmented Healthcare Data is Costly for Patients and Providers

Signed into law by President Obama in 2009, the Health Information Technology for Economic and Clinical Health Act (HITECH) mandated the adoption of Electronic Health Records (EHRs) across healthcare systems. EHRs are real-time, patient-centered records that make information available instantly and securely to authorized users. A significant oversight in the 2009 legislation, however, was the lack of a standardized framework for EHRs. The lack of standardization has led to today’s healthcare industry’s fragmented data problems. There are an estimated 500 vendors that offer some variation of EHR products, while the average hospital uses 16 different EHR systems.

Disconnected, non-standardized structured data in the healthcare industry presents a multifaceted problem that significantly impacts consumers and providers. Data fragmentation across healthcare organizations leads to many issues that degrade the quality of patient care and operational efficiency. These are just a few of the challenges created by data fragmentation:

  • Suboptimal Patient Care: Clinicians are frequently unable to access complete patient records, leading to suboptimal clinical decisions and increased medical errors. The lack of data fluidity for patients means repeated tests, inconsistent health advice, and a disjointed care experience.
  • Post M&A Data Integration: Integrating disparate data systems and ensuring continuity and quality of care after an M&A event is challenging. With many healthcare investors looking to ramp up M&A activities, the onus is on healthcare institutions to unify their patient data, avoid EHR duplication, and streamline operations.
  • Financial Costs: The costs associated with redundant data processes and inefficiencies further strain the financial resources of healthcare institutions, already burdened by the need to provide cost-effective care.
  • Compliance and Privacy Regulations: The healthcare industry is subject to strict regulations such as HIPAA in the US, and GDPR in Europe. Health systems, hospitals, and related providers must comply with 629 discrete regulatory requirements across nine domains and spend nearly $39 billion a year on regulatory administrative activities, while an average-sized hospital dedicates 59 full-time equivalent employees to regulatory compliance, over one-quarter of whom are doctors and nurses.
  • Security Threats: Health data is a prime target for cyberattacks due to its sensitivity. Protecting this data from breaches and unauthorized access is a constant challenge.

Interoperability in healthcare aims to support managing health information across all systems and ensure that the data remains intact and unaltered during transit, preserving its meaning across various systems and settings. This capability is crucial for delivering high-quality, coordinated, compliant, patient-centered care.

The Prescription for Data: Healthcare-Specific Data Products

The advancement of data management and unification tools promises to be a game-changer for the industry, offering solutions specifically tailored to address the unique challenges of healthcare data. These tools include data products pre-built with healthcare-specific data models that significantly speed up interoperability.

These tools accelerate deployment by utilizing out-of-the-box configurations and data models designed to standardize information for patients, practitioners, provider organizations, plans, payers, and households, allowing healthcare organizations to quickly reap the benefits of unified data. They streamline the often complex requirements definition and test case development processes by providing industry-specific, predefined implementation assets. This simplifies the initial setup and ensures that the configurations are optimized for healthcare data from the start.

Data enrichment is another critical area where these tools excel. With National Provider Identifier (NPI) data integration as an add-on, healthcare organizations can enhance their datasets with authoritative provider information, ensuring a more comprehensive view of the practitioner landscape. This integration is crucial for maintaining up-to-date provider directories and accurate billing information.

Prebuilt configurations for data cleansing, matching, survivorship, data quality, and user interface (UI) layouts further enhance the utility of these tools. They ensure that the data not only meets high-quality standards but is also presented in a user-friendly manner, making it accessible to non-technical users. The result is clean, accurate data that can be trusted for analytics and reporting.

Figure 1: Example of a pre-packed healthcare data model

Moreover, these sophisticated data management tools feed operational applications with trusted, timely, and accurate data. This is vital for day-to-day healthcare operations, where decisions must be made quickly and based on the most current and complete information.

Data management and unification tools are not just improving the quality of data in the healthcare industry but transforming information into a strategic asset. By delivering third-party data enrichment and ensuring the delivery of clean, accurate data to analytics and reporting tools, data products empower healthcare organizations to make informed decisions, improve patient care, and streamline operational efficiency.

Figure 2: How Healthcare Data Interoperability Unlocks Business Responsiveness

Furthermore, the application of Findability, Accessibility, Interoperability, and Reusability, or  “FAIR” principles through these tools are revolutionizing data management. FAIR principles outline the guidelines for ensuring data can be effectively and efficiently used by all end consumers of data. Aligning with FAIR standards helps organizations effectively manage the growing volume, complexity, variety, and velocity of healthcare data. This approach facilitates findability, ensuring unique, searchable identifiers for data. Accessibility is prioritized, allowing data retrieval through standardized, open protocols ensuring compatibility across multiple systems. Interoperability and reusability are achieved through shared, broadly applicable data formats and vocabularies, enhancing data integration across multiple platforms.

The Interoperable Revolution: Business Responsive Healthcare Data

Digital transformation is essential as the industry pivots toward value-based care models, where the quality of data directly impacts the quality of patient outcomes. Providers are under pressure to ensure that every piece of patient information is accurate, accessible, and integrated—a herculean task that must be addressed. With the goal to have all Medicare payments processed through value-based care by 2030, the clock is ticking for providers to manage these data challenges head-on.

Achieving such interoperability requires robust modern data management and unification tools. These systems must navigate the complex landscape of varying data standards and formats and ensure compliance with stringent privacy regulations. They must be capable of cleansing, matching, and harmonizing data to create a single source of truth that is both reliable and readily accessible. Integrating technologies like entity resolution and master data management becomes indispensable in this context, providing the backbone for data governance and stewardship that underpins effective interoperability.

The evolving nature of healthcare delivery underscores the urgency of these advanced tools. The demand for real-time data exchange grows as care becomes more patient-centered and data-driven. The COVID-19 pandemic highlighted the need for timely access to accurate health data across different healthcare settings. Modern data management tools are not just facilitating interoperability; they enable business responsiveness in the healthcare industry to adapt to its ever-changing demands, ensuring that every stakeholder in the healthcare continuum can trust the data at their fingertips to be as current and comprehensive as possible. This trust is the cornerstone of the next leap forward in healthcare quality and efficiency.

About Venki Subramanian

Venki Subramanian is Senior Vice President of Product Management, responsible for platform and industry solutions. Venki leads Reltio’s product strategy and works with the product and engineering teams to translate our long-term product vision into products and solutions that deliver value to our customers. He also focuses on building strategic technology partnerships and joint solutions.



< + > Featured Health IT Job: Epic PB and HB Claims Analyst

We like to regularly feature a healthcare IT job that might be of interest to readers. Today, we’re featuring the Epic PB and HB Claims Analyst position that was recently posted on Healthcare IT Central. This position was posted by Stoltenberg Consulting Inc. and is remote.

Here’s a description of the position:

Now seeking an Epic PB Claims and HB Claims certified analyst to support a client health system in Texas with claims and remittance build and troubleshooting, in coordination with its Revenue teams. This project will include bringing a new Epic Community Connect partner live at the end of January 2024. This is a fully remote, full-time, six-month engagement.

Requirements

  • Epic PB & HB Claims certifications required
  • Ideal candidate has prior experience with rural health billing
  • Immediate availability to start with full-time capacity for a six-month duration

Looks like a great opportunity for those with experience analyzing Epic PB and HB claims! If this looks like a position that would interest you, check out the full details for the job and how to apply.

As always, you can search our Health IT job board for a variety of jobs from leading companies in the industry. You can also register for free and post your resume where recruiters search for job candidates regularly.



Tuesday, December 19, 2023

< + > 2024 outlook: AI focus will shift to specialized machine learning that addresses specific business problems

Maxime Vermeir, senior director of AI strategy at ABBYY, an intelligent automation company, offers an in-depth analysis of an AI boom he sees coming in the year ahead.

< + > Harmony Healthcare IT Partners with Novacap to Accelerate Innovation and Growth in Healthcare Data Management

Harmony Healthcare IT (HHIT), a leading health data management and platform solution provider, today announced a significant investment from Novacap, one of North America’s premier private equity firms. This strategic partnership will accelerate HHIT’s technological contribution and expansion in health information technology.

Renowned for its pioneering offerings and industry expertise, HHIT develops HealthData Platform™, an enterprise-wide, cloud-hosted infrastructure that secures patient, employee, and business records for healthcare delivery organizations in the United States and Canada. This HITRUST CSF®-certified solution empowers healthcare providers to reduce cost and risk in legacy system management through secure storage, release, and interoperability of records.

“This partnership strengthens our ability to preserve vital information and improve lives,” says Tom Liddell, Chief Executive Officer at HHIT. “With Novacap, we will invest in technologies that will improve the patient experience. We’ll do that by infusing artificial intelligence into our data handling and modeling and expanding the use cases of legacy data for research and analytics.”

HealthData Platform™ enables a higher quality of coordinated care and information access for healthcare organizations and their patients by integrating with leading inpatient and outpatient electronic health record (EHR) systems. The company also provides services such as data extraction, migration, retention, matching, and integration as well as records release.

“Harmony Healthcare IT is a standout in the healthcare IT sector,” remarks David Brassard, Partner at Novacap. “The company is differentiated by its deep technical and health data expertise as well as its ability to get the job done with high customer satisfaction. Under CEO Tom Liddell’s seasoned leadership, Harmony will continue to meet the dynamic data demands of healthcare, powered by its people and by next-generation technology.”

In partnership, HHIT and Novacap are exploring new data handling and data use innovations aimed at accelerating the company’s growth and expanding its impact on healthcare globally. HHIT currently services a large customer base that includes top-tier health systems, independent hospitals, and ambulatory networks, making them proficient in working with a wide array of clinical, financial, and administrative legacy systems.

Triple Tree, Inc. served as HHIT’s exclusive financial advisor.

About Harmony Healthcare IT

Since 2006, Harmony Healthcare IT has extracted clinical, financial, and administrative data from hundreds of healthcare applications – both ambulatory and acute. Headquartered in South Bend, Indiana, the company’s mission is to preserve vital information that will strengthen healthcare and improve lives. Harmony Healthcare IT employs experts in data extraction, migration, retention, interoperability, and analytics to provide its clients with trusted solutions. Working with hundreds of legacy software brands, Harmony Healthcare IT — with its product, HealthData Platform™ — provides healthcare delivery organizations with easy access to historical records. For more about Harmony Healthcare IT, visit harmonyhit.com.

About Novacap

Founded in 1981, Novacap is a leading North American private equity firm with over C$8B of AUM that has invested in more than 100 platform companies and completed more than 150 add-on acquisitions. Applying its sector-focused approach since 2007 in Industries, TMT, Financial Services, and Digital Infrastructure, Novacap’s deep domain expertise can accelerate company growth and create long-term value. With experienced, dedicated investment and operations teams as well as substantial capital, Novacap has the resources and knowledge that help build world-class businesses. Novacap has offices in Montreal, Toronto, and New York.

For more information, please visit novacap.ca.

Originally announced November 28th, 2023



< + > Policy Changes: Their Role in Advancing Health Equity, How to Advocate for Them, and What Other Policies Need to be Implemented

As the Greek philosopher, Heraclitus, once stated “The only constant in life is change.” Every day we wake up and begin our work in our resp...