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News 4/1/24

April 1, 2024 News No Comments

Top News

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Virtual addiction care company Pelago raises $58 million in Series C funding, bringing its total raised to $151 million. The business, which launched in 2017 as Quit Clinic, offers its services to employers and payers.


Webinars

None scheduled soon. Previous webinars are on our YouTube channel. Contact Lorre to present or promote your own.


Acquisitions, Funding, Business, and Stock

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Telemedicine provider QuickMD acquires South Dakota-based addiction treatment clinic Project Recovery. QuickMD also has brick-and-mortar locations in Alabama, Arkansas, and South Carolina.

Walmart will open 22 new health clinics within Walmart Supercenters this year, bringing its total to 70 across the country. Company officials say they are taking a “measured approach” to clinic expansion


People

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Harmony Healthcare IT names Kelly Hahaj (Indiana Health Information Exchange) VP of corporate development.

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Jenny Cox (GeBBS Healthcare Solutions) joins Elevate Medical Solutions as president.


Announcements and Implementations

Empathic Podiatry in Texas implements EHR and RCM software from EClinicalWorks.


Other

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Providers in Oregon are still feeling the impact of the Change Healthcare outage on their revenue cycle, according to a recent Oregon NPR profile. Oregon Specialty Group, an independent practice with four locations, resorted to mailing and faxing bills to payers, sending one or two in the time it would have normally taken to digitally send 200. That sluggishness cut the practice’s revenue in half – a situation that wasn’t made any better by the initial offer of an $8,000 loan by Change Healthcare parent company UnitedHealth Group. OSP ultimately wound up with a $1.2 million loan after NPR contacted UnitedHealth for its story.

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SSM Health Monroe Medical Group staff collect 951 children’s books to give to their pediatric patients during sick visits.


Sponsor Updates

  • PerfectServe announces several 2023 milestones, including awards and recognition from industry analysts, 10% revenue growth, and a 107% enterprise net customer retention rate.
  • Waystar publishes a new e-book, “4 opportunities for healthcare revenue cycle improvement.”

Contacts

Jenn, Mr. H, Lorre

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News 3/27/24

March 27, 2024 News No Comments

Top News

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Virtual mental healthcare company Brightside Health announces a $33 million Series C investment, bringing its total raised to over $107 million. The company offers its services directly to consumers and payers.


Webinars

None scheduled soon. Previous webinars are on our YouTube channel. Contact Lorre to present or promote your own.


Acquisitions, Funding, Business, and Stock

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Tennr raises $18 million in Series A funding, which it will use to further develop and market its AI-based document automation software geared towards providers who rely on digital faxing. Capabilities include referral management, payment posting, claims auditing, and medical record management.

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Tech-enabled pediatric mental healthcare provider InStride Health announces a $30 million Series B funding round.


People

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CentralReach promotes David Stevens to head of generative AI.

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Strivant Health names Justin Manning (Child Health Imprints) COO and Mike Schiller (Upfront Healthcare) VP of business development.


Announcements and Implementations

Jersey Hydreight, a New Jersey-based mobile IV hydration clinic, selects CareCloud’s TalkUltimate EHR, RCM, and practice management platform.

Greenway Health integrates DrFirst’s RxInform prescription notification and patient engagement software with its Intergy EHR.


Sponsor Updates

  • EClinicalWorks becomes a HRSA-approved EHR vendor for UDS+ submissions.

Blog Posts


Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

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News 3/25/24

March 25, 2024 News No Comments

Top News

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Walgreens-owned VillageMD sells its 11 primary care clinics in Rhode Island to Arches Medical Partners. The company announced it would close its clinics in Florida and Illinois earlier this year, in keeping with its late-2023 decision to close 60 clinics as part of $1 billion worth of cost-cutting measures.

Arches owns New Era Medical Operations, a technology company focused on independent practice associations.


Webinars

March 27 (Wednesday) 3 ET. “Houston Methodist: Deploying clinical AI at scale for improved outcomes.” Sponsor: Health Data Analytics Institute. Presenters: Khurram Nasir, MD, MPH, chief of cardiovascular disease prevention and wellness, Houston Methodist DeBakey Heart & Vascular Center; Brenda Campbell, RN, senior consultant, HM Health System Innovations; Nassib Chamoun, MS, founder and CEO, HDAI. The presenters  will share how an interdisciplinary team collaborated to successfully use predictive models and a novel AI-driven approach to address post-discharge mortality. They will also describe how they expanded use of the platform to reduce clinician time spent digging through the EHR with a one-page risk profile, including codes extracted from notes using generative AI, and targeting their highest risk patients for extra attention. They will speak to how they overcame barriers to bringing AI at scale to support clinicians across the care continuum.

Previous webinars are on our YouTube channel. Contact Lorre to present or promote your own.


Announcements and Implementations

Health Information Management Systems announces GA of its AxiomEHR featuring AI-powered automation capabilities for behavioral healthcare providers.

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Solace Behavioral Health will implement the Cx360 EHR from Core Solutions across its four behavioral healthcare facilities.

Southern Illinois Associates selects the EClinicalWorks Cloud EHR.

Nebraska Cancer Specialists uses autonomous evaluation and management coding software from Calm Waters AI.

Nextech adds AI-powered virtual assistant, documentation, and support capabilities to its EHR for specialty practices.


Government and Politics

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Senator Mark Warner (D-VA) introduces the “Health Care Cybersecurity Improvement Act of 2024.” If passed, the bill will enable eligible providers to receive advanced and accelerated payments in the wake of a cyberattack, provided they and, if applicable, an impacted third-party, meet minimum cybersecurity standards.


Sponsor Updates

  • AdvancedMD renews its partnership with data automation platform vendor FrontRunnerHC.
  • Nordic releases a new Designing for Health Podcast, “Interview with Joyce Lee, MD.”

Blog Posts


Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

Get HIStalk Practice updates.
Contact us online.
Become a sponsor.

Jenn_125

News 3/20/24

March 20, 2024 News No Comments

Top News

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Conduce Health raises $3 million in seed funding. The startup has developed a marketplace for primary care physicians looking to transition to value-based care through partnerships with specialty care providers. Services offered include risk management and contracting and payment services, and precision analytics to match specialists with patients.


Webinars

March 27 (Wednesday) 3 ET. “Houston Methodist: Deploying clinical AI at scale for improved outcomes.” Sponsor: Health Data Analytics Institute. Presenters: Khurram Nasir, MD, MPH, chief of cardiovascular disease prevention and wellness, Houston Methodist DeBakey Heart & Vascular Center; Brenda Campbell, RN, senior consultant, HM Health System Innovations; Nassib Chamoun, MS, founder and CEO, HDAI. The presenters  will share how an interdisciplinary team collaborated to successfully use predictive models and a novel AI-driven approach to address post-discharge mortality. They will also describe how they expanded use of the platform to reduce clinician time spent digging through the EHR with a one-page risk profile, including codes extracted from notes using generative AI, and targeting their highest risk patients for extra attention. They will speak to how they overcame barriers to bringing AI at scale to support clinicians across the care continuum.

Previous webinars are on our YouTube channel. Contact Lorre to present or promote your own.


Acquisitions, Funding, Business, and Stock

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Healthcare IT company DAS Health opens a new office in Chicago.


People

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Stacy Fox (Health Gorilla) joins Acclivity Health as VP of sales.

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Phreesia promotes Jack Callahan to CTO.


Announcements and Implementations

Practice Fusion adds TrustCommerce’s Cloud Payments software to its EHR.

Practice management software vendor MConsent expands its offerings to optometry practices.

Burrell Behavioral Health (MO), Clarity Healthcare (MO), Jefferson Center for Mental Health (CO), and TCN Behavioral Health (OH) have implemented patient engagement and telemedicine technology from Mend.

Rectangle Health adds PracticeHwy’s fertility-focused EIVF billing software to its Practice Management Bridge platform.

Pediatric Associates implements Ambience Healthcare’s AI operating system, integrating it with its EClinicalWorks EHR.


Government and Politics

Robert Purbeck pleads guilty in a federal court to charges of computer fraud and abuse after purchasing access to a Griffin, GA-based medical clinic’s server, hacking into its medical records, and then using the stolen personal information to extort patients. Purbeck, who lives in Idaho, also hacked into the servers of the City of Newnan, in Georgia, ultimately compromising the information of 132,000 people. Purbeck, who faces sentencing, will pay $1 million in restitution to his victims.

HHS launches the ACO Primary Care Flex Model to offer primary care physicians working within ACOs a one-time, advanced shared savings payment and monthly prospective primary care payments for using innovative, team-based care methods.

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A federal court sentences the “Rock Doc” to 20 years in prison for illegally prescribing opioids in exchange for money and sex from his practice in Jackson, TN. According to court documents, Jeffrey Young Jr. maintained “a party-type atmosphere at his clinic, and prescribed these drugs at least in part to boost his popularity on social media and promote a self-produced reality TV show pilot.”


Research and Innovation

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University of Pittsburgh researchers find that telemedicine visits with primary care physicians result in fewer prescriptions of antibiotics versus virtual visits with a direct-to-consumer telemedicine provider. Follow-up appointments with PCPs via telemedicine were also fewer, a fact the researchers attribute to proper diagnoses and prescribed therapies during the first visit.

Research in the latest issue of Hypertension shows that hypertension may be controlled better with telemedicine visits combined with self-managed blood pressure readings than with traditional office visits.


Other

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If you’re looking for something to read over Spring Break: University of Michigan Medical School Dean and Michigan Medicine CEO Marschall Runge, MD, PhD debuts his first novel, “Coded to Kill,” described as “a medical thriller about an artificial intelligence program, originally developed as a single nationwide storage system for medical records, that turns into a killing machine.” The reviews on Goodreads definitely make me want to pick up a copy.


Sponsor Updates

  • EClinicalWorks releases a new podcast, “Boosting Data Analysis in Healthcare.”

Blog Posts


Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

Get HIStalk Practice updates.
Contact us online.
Become a sponsor.

Jenn_125

News 3/18/24

March 18, 2024 News No Comments

Top News

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Patient intake and engagement software vendor Phreesia reports a 24% increase in Q4 earnings, bringing in $95 million. The company saw a similar bump in fiscal year revenue, to $356 million. Prompted by an investor’s question about the Change Healthcare cyberattack, CEO Chaim Indig noted during the earnings call that “it’s been pretty terrible for a lot of our clients” and that Phreesia employees have worked diligently to shift its customers to alternate clearinghouses while Change recovers. He also emphasized the company’s commitment to continued investments in security and compliance.


Webinars

March 27 (Wednesday) 3 ET. “Houston Methodist: Deploying clinical AI at scale for improved outcomes.” Sponsor: Health Data Analytics Institute. Presenters: Khurram Nasir, MD, MPH, chief of cardiovascular disease prevention and wellness, Houston Methodist DeBakey Heart & Vascular Center; Brenda Campbell, RN, senior consultant, HM Health System Innovations; Nassib Chamoun, MS, founder and CEO, HDAI. The presenters  will share how an interdisciplinary team collaborated to successfully use predictive models and a novel AI-driven approach to address post-discharge mortality. They will also describe how they expanded use of the platform to reduce clinician time spent digging through the EHR with a one-page risk profile, including codes extracted from notes using generative AI, and targeting their highest risk patients for extra attention. They will speak to how they overcame barriers to bringing AI at scale to support clinicians across the care continuum.

Previous webinars are on our YouTube channel. Contact Lorre to present or promote your own.


Acquisitions, Funding, Business, and Stock

Walgreens will close distribution facilities in Dayville, CT, and Orlando, FL, laying off 646 employees in the process. The closures are part of an organizational restructuring announced last summer.


People

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AllerVie Health promotes Rachel Russell to chief experience officer, a role that will shape the clinic chain’s new technology-focused patient experience division.


Announcements and Implementations

Regional Medical Associates (DE) adds Sunoh.ai medical scribe technology to its EClinicalWorks EHR.

Healthgrades automates appointment requests within physician profiles on its website using technology from Medchat.

Circle Medical selects AI-powered preventive care and clinical trial screening software from Healwell AI’s Khure Health business.

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Care collaboration company Thyme Care launches Thyme Care Oncology Partners to help oncology clinics transition to value-based care.

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United Medical Centers, an FQHC with nine locations in Texas, selects EHR and practice management software from NextGen Healthcare.


Other

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Physician practices across the country express their frustration with the impact the Change Healthcare cyberattack has had on their ability to process claims, see insured patients, make payroll, and keep the lights on. The practice of Christine Meyer, MD has gone from average weekday deposits of between $20,000 and $50,000 to just $77. Meyer sums up the situation: “It’s been one of the most stressful things we’ve gone through as a practice, and that’s saying something given that we survived COVID. …To find ourselves suddenly, you know, looking at our home and its value, and can we afford to put it up to pay our employees, is a terrible feeling.”

Meanwhile, Thomas Edwards, MD of Berkshire Allergy Care in Pittsfield, MA, says the three-clinic practice, which employs 30 people, will be broke after the next payroll. Edwards notes that the practice’s billing company, AdvancedMD, hasn’t been able to successfully push claims through a clearinghouse other than Change. Thus, BAC will have to retroactively submit paper-based claims, which could take weeks, if not months. Edwards has applied for various forms of financial aid to keep the practice afloat, including that offered by UnitedHealth Group.


Sponsor Updates

  • Nordic Consulting debuts its Cloud Innovation Lab developed in partnership with Microsoft Azure and AWS.
  • EClinicalWorks offers a new customer success story, “Empowering Population Health & Revenue Growth.”

Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

Get HIStalk Practice updates.
Contact us online.
Become a sponsor.

Jenn_125

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