Re: Walmart Health: Just had a great dental visit this morning, which was preceded by helpful reminders from Epic, and…
NextGen Healthcare reports a 16% uptick in Q1 revenue as well as an increase in earnings, beating analyst expectations for both.
The DoJ announced earlier this month that the company will pay $31 million to settle allegations that it violated the False Claims Act by misrepresenting the capabilities of select versions of its EHR software, and that it offered kickbacks in the form of credits of up to $10,000 to users whose recommendations led to new sales.
July 27 (Thursday) noon ET. “Why You Shouldn’t Wait to Use Generative AI.” Sponsor: Orbita. Presenter: Bill Rogers, co-founder, president, and chairman, Orbita. The advent of generative AI tools truly represents a paradigm shift. And while some healthcare leaders embrace the transformation, others are hesitant. Invest 20 minutes to learn why you shouldn’t wait. When combined with natural language processing, workflow automation and conversational dialogs, generative AI can help leaders address a raft of challenges: from over-extended staff, to the rising demand for self-service tools, to delivering secure information to key stakeholders. You will learn where AI delivers the greatest value for providers and life sciences, how it can solve critical challenges faced by healthcare leaders, and how Orbita has integrated generative AI into its conversational platform so healthcare leaders can leverage its full capabilities safely and securely.
July 27 (Thursday) 2 ET. “Denial Prevention 101: How to stop denials from the start.” Sponsor: Waystar. Presenter: Crystal Ewing, director of product management, Waystar. There’s a reason denial prevention is prominent everywhere in healthcare RCM. Denials reduce cash flow, drive down revenue, and negatively impact the patient and staff experience. More than half of front-end denials don’t have to happen, but, once they do, that money is gone. It’s a pretty compelling reason to take some time now to do some preventative care on your revenue cycle. This webinar will help you optimize your front end to stop denials at the start. We’ll explore the importance of not only having the right data, but having it right where staff need it, when they need it.
Acquisitions, Funding, Business, and Stock
Emagine Solutions Technology, developer of The Journey pregnancy app, receives $1 million in research and development funding from the US National Science Foundation Small Business Innovation Research program.
Whole Foods co-founder and former CEO John Mackey launches Love.Life, a hybrid health and wellness company focused on patients interested in longevity, lifestyle, and concierge services. Love.Life will add in-person care to its current virtual offerings next year.
Walgreens names Monica Reed (CareCentrix) VP of health centers strategy and operations.
Announcements and Implementations
Total Orthopedics and Sports Medicine implements Veradigm’s patient communication and billing software across its facilities in New York and New Jersey.
Miami-based UniVida Medical Centers rolls out EClinicalWorks ahead of its expansion into Central and North Florida.
Valley-Wide Health Systems in Colorado leverages virtual care and coordination services from TimeDoc Health as a part of its chronic care management program.
Nine counties in California implement the Credible behavioral health EHR from Qualifacts, with assistance from Kings View Professional Services.
Research and Innovation
The Sequoia Project’s Consumer Voices Workgroup publishes a report on their experiences with interoperability, noting that the average consumer doesn’t have easy access to their own health records; typically can’t understand the records they do have access to; and aren’t able to share their records without taking extra steps that can include phone calls, filling out paper forms, faxes, and trekking to physician offices.
More news: HIStalk.