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Investors Have Strong Interest in HIT Sector, Despite Valuation Concerns

December 13, 2018  |  Heather Landi, Associate Editor
news
Healthcare IT remains a hot investment sector despite concerns about these companies being overvalued, according to KPMG-Leavitt Partners 2019 Investment Outlook, a survey of health care investment professionals.

KLAS: EHR Integration, Enterprise Scalability Key Challenges Facing Telehealth Vendors

December 11, 2018  |  Heather Landi, Associate Editor
news
Healthcare organizations report high satisfaction with their telehealth virtual care platforms, however there are significant differences in how broad the various platforms are and in the quality of the vendors’ service. What’s more, EHR integration is a key...

Allscripts Sells its Netsmart Stake to GI Partners, TA Associates

December 10, 2018  |  Rajiv Leventhal, Managing Editor
news
Just a few months after Allscripts said it would be selling its majority stake in Netsmart, the health IT company announced today that private equity firm GI Partners, along with TA Associates, will be acquiring the stake held in Netsmart.

Research: AI, Automation Reshaping Healthcare Technology Support

December 6, 2018  |  Heather Landi, Associate Editor
news
Emerging technologies, such as automation and artificial intelligence (AI), will redesign the way in which tech support firms function in healthcare, according to a Black Book Research survey.

Intermountain CMIO Stan Huff on the Need for Greater Interoperability: “We’re Killing Too Many People”

December 6, 2018  |  Rajiv Leventhal, Managing Editor
article
Longtime Intermountain CMIO Stan Huff, M.D., recently chatted with Healthcare Informatics about all things interoperability, including the different types of data exchange that exist today, the greatest barriers, and pending regulations.

KLAS: EHR Vendors Making Significant Progress with CommonWell, Carequality Connection

December 4, 2018  |  Heather Landi, Associate Editor
article
With the establishment of connectivity between CommonWell and Carequality, the ability to exchange patient records is within the reach of most provider organizations, according to KLAS Research.

Survey: Healthcare Organizations Skeptical of athenahealth, Virence Merger

December 3, 2018  |  Heather Landi, Associate Editor
news
Healthcare organization leaders are expressing some initial skepticism about the merger of athenahealth with Virence Health Technologies, as a result of Veritas Capital and Elliott Management’s recent acquisition of athenahealth.

CARIN Alliance Creates Code of Conduct for Third-Party Apps

November 28, 2018  |  David Raths, Contributing Editor
news
The CARIN Alliance, a group of more than 60 healthcare and other stakeholders, has released the first draft of a voluntary code of conduct that entities not covered by HIPAA can self-attest to in order to access health data on behalf of consumers.

Survey: Healthcare Orgs Ramping up Investment in AI, Confident about ROI

November 16, 2018  |  Heather Landi, Associate Editor
news
The majority of health care executives (91 percent) are confident they will see a return on investment (ROI) on artificial intelligence investments, although not immediately, and foresee the greatest impact of AI will be on improving health care, according to an...

Is Big Data the New Moneyball?

November 14, 2018  |  Pamela Dixon, Industry Voice
article
In Moneyball, the shift from money driving decisions to information driving the decisions upended the World Series and, subsequently, baseball. Big data may similarly upend healthcare.

Veritas Capital, Elliott Management Acquire athenahealth in $5.7B Deal

November 12, 2018  |  Heather Landi, Associate Editor
article
Private equity firm Veritas Capital and hedge fund Elliott Management are acquiring athenahealth, the Watertown, Mass.-based EHR and practice management vendor, for $5.7 billion, according to a Monday announcement.

GetWellNetwork Acquires HealthLoop

November 9, 2018  |  David Raths, Contributing Editor
news
GetWellNetwork, a Bethesda, Md.-based company offering a platform for improving patient engagement, has acquired Silicon Valley startup HealthLoop.

Google Taps Geisinger CEO David Feinberg to Assume Healthcare Leadership Role

November 9, 2018  |  Rajiv Leventhal, Managing Editor
article
Geisinger Health System CEO David Feinberg has been tapped by Google to assume a leadership role over its healthcare initiatives.

Analytics firm Cota Hires New CEO

October 30, 2018  |  David Raths, Contributing Editor
news
Cota Inc., a New York-based analytics company focused on complex diseases, has hired Michael Doyle as chief executive officer.

IBM Buys Red Hat for $34B, Boosting its Position in the Cloud Market

October 29, 2018  |  Heather Landi, Associate Editor
news
Armonk, New York-based IBM announced Sunday plans to acquire Raleigh, N.C.-based Red Hat, a provider of open source cloud software, for approximately $34 billion.

Industry Groups Urge ONC to Reorient Goals of EHR Reporting Program, Focus on Health IT Safety, Security

October 18, 2018  |  Heather Landi, Associate Editor
article
AMIA questioned the "constrained scope" of the EHR Reporting Program, noting the program should be closer to a post-implementation surveillance ecosystem, not a government-sponsored "consumer reports."

KLAS Report: Behavioral Health EHR Vendors Demonstrate Poor Performance

October 10, 2018  |  Heather Landi, Associate Editor
news
The behavioral health electronic health record (EHR) vendor market has shown poor performance, to date, according to customers, who cite slow development, implementation challenges and lackluster customer support, according to a KLAS Research report.

Survey: Half of Providers Use Multiple CDS Solutions, Use Varies by Provider

October 9, 2018  |  Heather Landi, Associate Editor
news
While three-fourths of providers currently use some sort of clinical decision support (CDS) solution, more than half are using multiple solutions, which indicates there is still not one solution that is meeting all of providers’ needs, according to a Reaction...

DoD-Cerner MHS Genesis Project Moves onto New Site Locations

October 9, 2018  |  Rajiv Leventhal, Managing Editor
news
The Department of Defense (DoD) is moving onto a second set of site locations for its Cerner electronic health record (EHR) rollouts.

New Report Examines Healthcare in the “Amazon Era”

October 5, 2018  |  Rajiv Leventhal, Managing Editor
news
Hospital business leaders are open, and even optimistic, about the benefits of innovation from non-traditional healthcare players, such as Amazon and Apple, according to a new report from Captains of Industry, a marketing consultancy.

How Blockchain Technology Can Revolutionize Healthcare

September 26, 2018  |  David Hanekom, M.D., and Pradeep Goel, Industry Voices
article
How do providers get better access to patients, deliver the best possible care, and get paid for their services in an accurate and timely fashion? The answer could be found in blockchain.

Town Hall Ventures Close First Fund at $115 Million

September 20, 2018  |  David Raths, Contributing Editor
news
Town Hall Ventures, an investment firm built to address the healthcare challenges of the most vulnerable Americans, has closed its first fund at $115 million.

A New Development Throws a Wrench into the Athenahealth Saga

September 18, 2018  |  Mark Hagland
news
The ongoing drama over the future of EHR vendor athenahealth seems to have entered a new phase, with a development that potentially throws a monkey wrench into its business process

On Capitol Hill, Healthcare Leaders Raise Concerns with CMS’ Proposed ACO Rule

September 17, 2018  |  Heather Landi, Associate Editor
article
During a House subcommittee hearing, healthcare leaders voiced concerns that CMS' proposed changes to the MSSP ACO program will impede progress in the transition to value-based care.

Cigna to Invest $250M in Venture Fund with Eyes on Healthcare Startups

September 17, 2018  |  Rajiv Leventhal, Managing Editor
news
Cigna, the Connecticut-based health services company, has announced the launch of Cigna Ventures, a corporate venture fund focused on investing in promising healthcare startups and growth-stage companies.

Health IT Now Pushes for Information Blocking Regulation, Says Administration “Must Uphold its End of the Bargain”

September 13, 2018  |  Rajiv Leventhal, Managing Editor
news
The executive director of Health IT Now, a coalition of healthcare and technology companies, is again criticizing the Trump administration for not yet publishing any regulation on information blockin

The Next Frontier for Integrated Care Solutions

September 13, 2018  |  Pete Rivera, Industry Voice
commentary
Rural Community Hospitals are searching for replacements comparable to those used in the larger metropolitan medical center.

In South Los Angeles, a High-Tech Hospital Delivers Healthcare to an Underserved Community

September 11, 2018  |  Heather Landi, Associate Editor
article
Executive leaders at Martin Luther King, Jr. Community Hospital discuss the organization's journey to achieve HIMSS Analytics Stage 7 and meeting the healthcare needs of an underserved community.

Putting Social Determinants of Health Data into Action

September 10, 2018  |  Heather Landi, Associate Editor
article
Leading hospitals, medical groups, and health systems, as well as ACOs and health insurers are moving forward to address social factors impacting health with a number of different approaches.

Report: Elliott Leads in athenahealth Takeover Bid as Cerner, UnitedHealth Pass

September 7, 2018  |  Rajiv Leventhal, Managing Editor
news
Elliott Management is the favorite to win the athenahealth takeover bid now that Cerner and UnitedHealth have declined an opportunity to acquire the health IT company, according to a report.

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