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Huntzinger Management Group Announces Acquisition of Next Wave Health Advisors

SCRANTON, Pa.–The Huntzinger Management Group, Inc. (Huntzinger), a leader in healthcare advisory, managed, implementation, and supplemental staffing services, announced the acquisition of Next Wave Health Advisors, LLC (the Advisors). Founding Partner Bob Kitts, Chief Executive Officer of Huntzinger, made the announcement.

As part of Huntzinger, the Advisors will assist in providing healthcare advisory and managed services consulting. The Advisors will staff key advisory and managed services engagements with Huntzinger. Additionally, the Advisors will be actively involved in collaborating with Huntzinger leadership to formulate services most needed by and beneficial to the healthcare IT market.

The Advisors are a select group of experts who have helped shape the healthcare IT industry for the past several decades, and includes:

  • Frank Clark
  • Skip Hubbard
  • Ed Kopetsky
  • Peter Johnson
  • Rose Ann Laureto
  • Bill Montgomery
  • David Muntz
  • Sue Schade
  • Bill Spooner
  • Lynn Vogel
  • Jim Wagner
  • Eric Yablonka

“Huntzinger is a leader within the Healthcare IT industry. With the addition of the Advisors, Huntzinger has significantly expanded our knowledge base and resources within our advisory and managed service offerings. The Advisors and Huntzinger together provide sustainable strategic solutions for the healthcare IT industry,” stated Tanya Freeman, Huntzinger’s President, Chief Operating Officer, and Founding Partner.

Ivo Nelson, healthcare information pioneer, investor, and former Next Wave Health Advisors’ Chairman commented, “Finding the right partner for these preeminent healthcare leaders was our top priority, and Huntzinger is exactly such a partner.” He added, “Now there is a sound home for not only the current Advisors, but for future healthcare IT thought leaders as well.”

About The Huntzinger Management Group, Inc.
Huntzinger provides advisory, managed services, implementation, and supplemental staffing services to the healthcare industry. We focus on clinical and operational business performance optimization by ensuring alignment between IT, clinical, and ambulatory areas to position our healthcare clients for the future. For more information, visitwww.huntzingergroup.com.

About Next Wave Health Advisors, LLC.
The Advisors are preeminent leaders in healthcare information technology. Our team of executives played central roles in forming the modern-day HIT landscape over the past several decades, setting the bar in HIT leadership, management, technology, information security, business intelligence and organizational development. For more information, visit www.nextwavehealthadvisors.com

September 15, 2016 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Dizzion Secures $6.4M Series A1 Funding Led by Grotech Ventures and Access Venture Partners

Investment to support leading market advances in simple, secure cloud-delivered desktops that meet high demand for a remote global workforce

Denver, CO, September 7, 2016 – Dizzion, Inc., a full-service End User Computing (EUC) provider, announced today a $6.4 million Series A1 funding round co-led by investors Grotech Ventures and Access Venture Partners, with Point B Capital and Correlation Ventures rounding out majorinvestments. The round also marks the addition of retired ViaWest Chairman, CEO, and Co-Founder Roy Dimoff, to Dizzion’s board of directors. Dizzion will leverage new resources to grow its staff, expand its partner program and further refine virtual desktop technologies to serve industries with some of the most challenging workforce environments including business process outsourcing and the healthcare, financial services and insurance industries.

Dizzion enables end users to securely access applications and data from their desktop on any device, responding to the enterprise shift to cloud and global workforce trends including third-party contracting, work-from-home programs and a greater requirement for organizations to protectdata. Dizzion is expected to achieve record growth in 2016, following three consecutive years of more than 100 percent year-over-year growth in terms of revenue, customer base and personnel. Specifically, Dizzion has experienced average annual revenue growth of 207 percent since its inception.

“Dizzion is addressing a colossal shift in the workforce toward remote employees, cloud computing and application integration—and it’s not an easy transition for most companies,” said Steve Prather, CEO, Dizzion. “We are committed to providing the only virtual desktop that eliminates the complexity of traditional desktop management while addressing endpoint security and compliance risk, and we want to thank our investors for sharing in this vision.”

The Virtual Desktop Infrastructure (VDI) market is expected to exceed $11 billion by 2023, which is underscored by the fact that Dizzion has grown more in the past six months than all of 2015. The company will use the recently acquired funds to invest in three key areas:

·       Expanding solutions for VDI and Desktop-as-a-Service (DaaS) technology, including a specific focus on HIPAA and PCI compliance 

·       Refining and growing its channel partner program, which is currently responsible for 55 percent of overall revenue 

·       Growing its workforce by 130 percent in 2016 and again in 2017, with a commitment to a collaborative and transparent culture

“Industries like healthcare and finance are some of the fastest growing markets in the world and yet also the most at risk for security breaches, shrinking margins and talent drain,” said Joe Zell, General Partner, Grotech. “Dizzion has created a virtual workforce solution that makes it possible for these firms to expand the use of remote employees while actually improving security and compliance and lowering cost.”

“Dizzion is proving that a wide range of companies and industries can benefit from implementing these types of cloud technologies, including solving critical business challenges, lowering IT costs and mitigating risks—all qualities we value,” said Brian Wallace, Managing Director, Access Venture Partners. “We’re pleased to support Dizzion and look forward to accelerating its growth as it redefines how the world works.”

Dizzion services companies around the globe, including major brands like AARP, Delta Dental, and TELUS International. In addition to working with 40 plus channel partners, including ViaWest, Zayo, CarrierSales, SPS, and HOSTING.

Visit our blog to learn more about the funding announcement, and for more information on employment opportunities with Dizzion, please visit the careers page.

About Dizzion

Established in 2011, Dizzion, Inc. is a global provider of end-user computing services, including cloud-delivered Desktops as a Service (DaaS), paired with complementary offerings like secure endpoints, application delivery and storage. The company is delivering the next generation of virtual desktop solutions to meet the demands of a remote global workforce in industries with stringent security and compliance needs, including business process outsourcing, financial services, healthcare and insurance. Dizzion’s mission is to enable users to securely access applications and data from any device, anywhere increasing mobility and productivity. To learn more about Dizzion, visit www.dizzion.com

Follow us at @Dizzion on Twitter or visit us on LinkedIn and Facebook.

September 7, 2016 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Survey: 8 in 10 Hospital Leaders Say Predictive Analytics is Important to Future Yet Only One-Third Use It

Lack of appropriate tools and trained personnel ranked as top barriers to adoption

SALT LAKE CITY – Sept. 7, 2016 – Nearly 80 percent of hospital executives believe the future of healthcare could be significantly improved through the use of predictive analytics, a population health management tool that can help providers stay one step ahead of costly problems like preventable readmissions, patient downturns and contracts with insurers that pay less than the cost of providing care. Yet only 31 percent of hospitals have used the technology for more than a year, and 19 percent have no plans to do so.

Those results from an August survey of 136 hospital and health system executives by Health Catalyst point to potentially significant barriers to the adoption of predictive analytics. They may also signal pent up demand for the advanced form of analytics, which has been touted as a solution to many of healthcare’s problems and as key to the development of more effective “personalized” treatments for common diseases such as cancer.

Top barrier to adoption: “Right data or tools”

Both current users and non-users of predictive analytics agree (32%) that the top barrier to its adoption is the lack of appropriate data or tools and infrastructure, according to the survey. That result is not unexpected since producing reliable predictions of future probabilities or trends requires both an accessible and trusted source of data aggregated from multiple IT systems—electronic health records (EHR), financial systems, etc.—as well as analytic applications to drive the predictions and make them easy for front-line staff to use.

Survey respondents said the next most significant barriers to the use of predictive analytics were a lack of people or skills (26%) and a lack of executive support or budget (20%). Few seem to question the effectiveness of the technology; only one respondent said past efforts had failed to show results. And despite the relative youth of predictive analytics technology, confidence in its accuracy ranged from neutral to very strong among respondents. Only 2 percent said the technology produces inaccurate results.

Pent up demand?

Apparently driven by faith in predictive analytics’ ability to deliver meaningful results, demand for the technology appears to be strong among hospital leaders. In addition to the 31 percent of respondents who already use it, 38 percent said they plan to adopt predictive analytics within the next three years. Fourteen percent of that group said they will adopt it in the next 12 months.

Still, nearly one-third of the survey takers are on the fence. In addition to the 19 percent who said they have no plans to use predictive analytics, another 11 percent are unsure whether they will use it in the future or not.

Even among those who plan to adopt predictive analytics, few said they have the budget to allocate significant resources to the effort. Most (37%) are tip-toeing into the space with commitments or planned commitments of 1-3 people devoted to the task of leveraging analytics for predictions. Only 8 percent said they would allocate more than four people to that role.  Thirty-four percent of respondents said they were unsure how many people they would have work in the area.

Preventive care tops list of uses

Both current users of predictive analytics and prospective users agreed (58%) the top priority for its use is to alert caregivers to interventions that may prevent health declines among high-risk patients, according to the survey. Asked to name the top three priorities for the use of the technology, respondents assigned the second and third spots to predicting financial outcomes (such as patient cost or likelihood of patients to pay their bills) (52%), and improving the ability of providers to negotiate contracts with insurers (42%).

Other priorities for predictive analytics identified by survey takers were projecting patient health outcomes and satisfaction (38%) and improving the quality of diagnoses (33%). Falling last on the list of priorities was the forecasting of staffing and supply chain needs (27%).

EHR tops list of preferred data sources

When asked to list the top three sources of data for making predictions, respondents most often selected clinical data from the EHR (80%).  Tied for second as important data sources were claims data and patient outcomes data, both selected by 53 percent of respondents. Financial data was the next most selected category (50%), followed by non-medical patient demographics (22%) and patient satisfaction data (21%).

“Overall, the survey findings point to a growing need within the provider community for solutions that help to identify long-term rising-risk patients who are on their way to becoming high-cost consumers of heath care,” said Levi Thatcher, Director of Data Science at Health Catalyst. “With an ever greater light being cast on system-wide inefficiencies, providers are hungry for analytics that will help them identify and treat these patients before their health deteriorates, both improving their lives and reducing needless spending across the system.”

Methods

Survey results reflect the opinions of 136 healthcare professionals who responded to an online survey in August 2016. Respondents included 34 CEOs; 18 chief financial officers; 26 chief information and chief medical information officers; and a variety of other executive and departmental leadership roles. They work for organizations ranging from some of the nation’s largest urban academic medical centers and integrated delivery networks to small, rural critical access facilities.

About Health Catalyst

Health Catalyst is a mission-driven data warehousing, analytics and outcomes-improvement company that helps healthcare organizations of all sizes perform the clinical, financial, and operational reporting and analysis needed for population health and accountable care. Our proven enterprise data warehouse (EDW) and analytics platform helps improve quality, add efficiency and lower costs in support of more than 70 million patients for organizations ranging from the largest US health system to forward-thinking physician practices. For more information, visit https://www.healthcatalyst.com, and follow us on Twitter, LinkedIn and Facebook.       

I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

900-Person European Sleep Data Reveals Italians Sleep Best, While French Have Lowest Quality Sleep

In Addition, European Women Found to Have Higher Sleep Scores than Men

Ramat Gan, Israel, September 6, 2016EarlySense, the market leader in contact-free continuous monitoring solutions, released today sleep scores gathered from a sample of 900 Europeans using an EarlySense-powered sleep sensor for six months. Data recordings from more than 20,000 nights were analyzed.

Originally designed for hospitals, EarlySense’s contact-free health monitoring sensor detectsmore than 50,000 data points every night to provide users with a precise picture of overall health.

“Nighttime is the best time to monitor our health because it builds a clear baseline in which fluctuations can be quickly detected,” said Avner Halperin, CEO of EarlySense. “Any changes or abnormal readings indicate if we are getting healthier and in better shape, or provide advanced warnings of health disorders, including breathing disorders, fever or cardiac events.”

The data indicates that Italians have the highest sleep quality scores, with an average of 71.9. The British follow, at 65.4; Germans are next, at 65.1; and the French sleep most poorly, with an average score of 60.4.  The data also shows that, as expected, breathing interruptions are identified more in overweight people and more in men than in women.

Women sleep better in each of the four countries analyzed, with average sleep scores as follows:

  • Italy: 83.4
  • Germany: 69.0
  • Great Britain: 67.6
  • France: 61.9

Sleep score is determined by a combination of seven contributors, which typically reflect the subjective feeling of one’s sleep, including total sleep time (TST), sleep efficiency (SE), amount of deep sleep, time to fall asleep (Sleep Latency) and number of awakenings during the night.

“Sleep is crucial to our health, and identifying sleep disorders and breathing disorders in sleep is of paramount importance,” said Prof. Asher Tal, Founder and previous Head of the Pediatric Pulmonary Unit and Sleep Center at Soroka Medical Center.  “In a recent letter to the prestigious ‘Sleep’ scientific journal, the authors noted the huge opportunity to improve care by tracking sleep at home with wearable devices.  Now, we may be able to take that a step further with medically-proven sensors that face no compliance challenges.”

Placed under a mattress, the contact-free EarlySense sensor communicates with a dedicated smartphone app to track users’ heart rate, respiratory rate and body motion. Employing advanced algorithms, data is used to measure and analyze sleep patterns and overall health stability.

Additional data findings include:

  • Overweight users (BMI>30) had an 8% lower sleep score than those who were not overweight.
  • Average Time to Fall Asleep:

o   Men: 19 minutes; Women: 17 minutes

o   Age: over 70: 20 minutes; 50-70: 18 minutes; Under 50: 19 minutes

o   British: 20 minutes; German:18 minutes; French: 19 minutes; Italian:18 minutes

  • Average Total Time Slept (hours: minutes):

o   Men: 6:30; Women: 6:49

o   Age: over 70: 6:27; 50-70: 6:39; under 50: 6:34

o   British: 6:51; German: 6:36; French: 6:21; Italian: 6:48

“Good sleep is a pillar of good health, and awareness is the first step toward improvement. Our solution is quickly gaining traction, helping people sleep better while improving their wellbeing,” added Halperin.

EarlySense is showcasing its technology at IFA 2016 in Berlin – Hall 7.2c/111.

 

About EarlySense

EarlySense provides contact-free, continuous monitoring solutions for the medical and consumer digital health markets. EarlySense’s patented sensor and advanced algorithms monitor and analyze cardiac, respiratory, sleep and motion parameters. Used in hospitals and healthcare facilities worldwide, EarlySense assists clinicians in early detection of patient deterioration, helping to prevent adverse events, including code blues, preventable ICU transfers, patient falls and pressure ulcers.

The myEarlySense smart home-compatible consumer solution brings hospital-proven technology to the home, providing valuable data regarding wellness and sleep. myEarlySense OEM technology is at the core of wellness and sleep products marketed by international partners including Samsung, Beurer and iFit.

September 6, 2016 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Xerox Research Finds Patients and Healthcare Professionals Divided on Responsibility and Cost in Healthcare

NORWALK, Conn., Aug. 15, 2016 – Healthcare research released today from Xerox shows large disconnects between patients and healthcare professionals providing and insuring their care. This research suggests that across all participants in the U.S. healthcare system, there is still much to be settled regarding the transformation driven by the Affordable Care Act (ACA).

Who is responsible for consumers’ health?

Nearly 50 percent of consumers say they take complete responsibility for their health, whereas less than 6 percent of healthcare professionals believe this to be true. In addition, less than 5 percent of consumers say they don’t know how to take charge of their own healthcare, but nearly 40 percent of payers and providers say consumers don’t know how to take charge.

Moreover, 90 percent of payers and providers say patients need encouragement and help from their healthcare provider to make living a healthier lifestyle a priority, but only 55 percent of patients say they need such encouragement.

The study, conducted by Y&R’s BAV Consulting on behalf of Xerox[1], surveyed 761 U.S. adults who purchase health insurance and are healthcare decision makers for their households and 204 healthcare payers and providers.

“Consumers and healthcare professionals have very different views on patient empowerment and control,” said Rohan Kulkarni, vice president of Strategy and Portfolio, Xerox Healthcare Business Group. “Payers and providers are much less likely to believe patients are taking responsibility for their health than what patients perceive to be true. The results suggest that improved communication could allow healthcare professionals to better showcase to their patients how they’re a partner in their health.”

One solution that can help is Xerox’s Virtual Health Solutions that allows providers to communicate and connect with their patients anytime and anywhere by overcoming interoperability challenges and powering front and back office services.

Are patients shopping around?

The research also found discrepancies between patients and professionals regarding a patient’s willingness to shop for healthcare.

  • Only 34 percent of consumers are more likely to shop around for a provider than they were one year ago, but more than 71 percent of payers and providers think patients are shopping.
  • When asked what consumers consider the top priority when selecting a provider, consumers said quality of care is number one. But payers and providers believe whether or not they take the patient’s insurance plan is the top consideration.
  • Ninety-five percent of payers and providers believe patients are not seeking or delaying treatment due to cost concerns, but only 42 percent of consumers say this is true.

“A lot of payers and providers think patients are shopping around for the best healthcare, but it simply is not the case,” continued Kulkarni. “The industry is clearly still adjusting to the shift toward consumer-centricity, and payers and providers may be best served to focus on patient retention by enhancing their communication channels.”

What is the solution?

Over 63 percent of consumers wish their pharmacist, healthcare provider and insurance company were more connected on their personal health. While interactions with each stakeholder are often transaction-based, Xerox’s Health Outcome Solutions offering can help the effort to coordinate care. The solution, currently available for providers and accountable care organizations with a payer solution coming in the future, offers a customized combination of analytics, clinical, technology and administrative services that help improve the health of patient populations.

Xerox also offers Care Integration Services that help healthcare payers identify members who need support and engage them with timely and personal clinical interventions. This enhanced member outreach service increases payers’ ability to assist their members in maintaining wellness and managing chronic medical conditions.

Xerox Healthcare helps healthcare organizations focus on improving lives through better, more affordable and accessible care by designing processes that work for the people delivering, enabling and receiving care.

About Xerox

Xerox is helping change the way the world works. By applying our expertise in imaging, business process, analytics, automation and user-centric insights, we engineer the flow of work to provide greater productivity, efficiency and personalization. Our employees create meaningful innovations and provide business process servicesprinting equipmentsoftware and solutions that make a real difference for our clients and their customers in 180 countries. On January 29, 2016, Xerox announced that it plans to separate into two independent, publicly-traded companies: a business process outsourcing company and a document technology company. Xerox expects to complete the separation by year-end 2016. Learn more at www.xerox.com.

[1] Study conducted by Y&R’s BAV Consulting on behalf of Xerox among 761 U.S. adults who are healthcare decision makers for their households and 204 healthcare payers and providers. Full results and methodology available upon request.

August 15, 2016 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

New HIMSS Analytics Research Shows Nearly Universal Adoption Of Practice Management And Electronic Health Record Tools After Eight Years Of Steady Growth

Burlington, VT (August 2, 2016) – HIMSS Analytics® recently released its 2016 Essentials Brief: Outpatient Practice Management (PM) and Electronic Health Record (EHR) Solution Study, the 8th iteration of the study that provides a snapshot of solution adoption and purchase intentions from hospital-owned and free-standing physician practices in the U.S. outpatient market.  Essential Briefs are in-depth market research studies focused on identifying salient topics in the healthcare IT space that highlight mind share, market share and market opportunity of specific healthcare software technologies.

Market adoption of PM & EHR solutions has been trending upward since the initial study and is nearing universal market adoption rates as indicated in the 2016 study.  When compared to adoption levels in HIMSS Analytics LOGIC™, the information obtained from the 2016 study was comparable between hospital-owned (92% LOGIC vs. 87% Study) and free-standing (77% LOGIC vs. 76% Study) practices.  Given this rise, physician practices are positioned to address broader patient needs and continued regulations such as Meaningful Use and Medicare Access and CHIP Reorganization Act (MACRA).

The 2016 Outpatient PM & EHR Solution Essentials Brief offers insight from 436 physicians, practice administrators and managers, practice CEOs/Presidents, PAs, NPs, and practice IT directors/staff on their current PM & EHR usage as well as future plans for PM & EHR solution adoption.  Additional insight is provided through data from HIMSS Analytics LOGIC, the most comprehensive and intuitive global market intelligence tool in healthcare IT.  LOGIC provides on average 48,000 hospital-owned and free-standing practice data points around adoption, vendor market share and vendor mind share.

“I am somewhat surprised a more robust replacement market has not yet developed for practice management and electronic health solutions,” says HIMSS Analytics Director of Research, Brendan FitzGerald.  “But given the cost and implementation effort of these practices over the last eight years, and the need to keep up with industry standards and additional regulations, practices seem content with their current solutions and will look to leverage these solutions to meet industry standards and regulations. It is worth mentioning, however, that 15% of respondents are looking to replace or purchase EHR solutions in the near term so there is still opportunity in that solution set of the outpatient market.”

HIMSS Analytics offers access to this premium study alone or as part of their Outpatient Solutions Market Intelligence Bundle which comes with access to their LOGIC Outpatient Market Intelligence dashboard.

Highlights of the 2016 study include:

  • Current and future adoption of PM & EHR solutions
  • Vendor market share, mind share and market opportunity in the outpatient PM & EHR solution category
  • Study respondents revealed what would cause them to replace their current PM & EHR solution.
  • Study respondent confidence level around meeting Meaningful Use Stage 3 Criteria with their current solution
  • Strategic insight into practice approach toward health information exchange (HIE), accountable care (ACO), and Clinical Practice Improvement Activities (CPIAs)

Click here for more information on the 2016 HIMSS Analytics Outpatient PM & EHR Study.
Click here to get a free snapshot report of the study and a demo of the LOGIC dashboard.

About HIMSS Analytics
HIMSS Analytics is a global healthcare advisor, providing guidance and market intelligence solutions that move the industry forward with insight to enable better health through the use of IT. As a trusted healthcare research and advisory firm, the industry depends on HIMSS Analytics’ resources, benchmarks, predictive models and assessment tools to improve decision making regarding their IT strategic roadmap and market strategy. HIMSS Analytics is uniquely positioned and differentiated through its industry focused offerings which include a Healthcare IT market intelligence tool, Healthcare IT insights and Healthcare IT benchmarks and services.

HIMSS Analytics a wholly owned subsidiary of HIMSS headquartered in Burlington, Vermont, is the healthcare research and advisory firm for healthcare delivery organizations, IT companies, governmental entities, and financial, pharmaceutical, consulting and emerging technology solution partners. Learn more at http://www.himssanalytics.org

August 2, 2016 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

AristaMD Secures $11 Million Series A Financing

Digital Health Company to Enhance Functionality, Accelerate Commercialization
of Referral Intelligence Platform

SAN DIEGO, July 21, 2016 – Arista MD, a technology-enabled service company providing eConsults and a suite of related specialist referral support tools, announced today it completed $11 million in financing. The Series A round was led by Avalon Ventures with participation from Correlation Ventures. The proceeds will be used to accelerate commercialization and further enhance functionality of the company’s proprietary Referral Intelligence Platform.

As many as 60 percent of specialist visits are routine consults that do not require an in-person visit. , Unnecessary care results in $10 billion annually in costs, causes delays in care planning and exacerbates access challenges for the most vulnerable patients. AristaMD’s Referral Intelligence Platform is designed to significantly reduce these costs and improve access to specialist care by facilitating rapid collaboration between primary care providers and specialists. The Referral Intelligence Platform includes a two-part process that consists of comprehensive referral work-up checklists licensed exclusively from the University of California, San Francisco (UCSF), and a simple, effective electronic consult (eConsult) platform. The AristaMD solution is proven to reduce overall specialist visits by 30 percent or more while also reducing ER visits and hospital admissions.

“We’re thrilled that Avalon and Correlation share our vision to provide a solution that optimizes referrals in today’s era of value-based healthcare,” said Rebecca Cofinas, president and CEO of AristaMD. “Our investors’ proven track record of success with building transformational companies is instrumental for our continued growth and success.”

AristaMD’s clients range from small rural providers to large county health systems in urban environments. The Referral Intelligence Platform has been designed to be flexible to fit each individual client’s workflow, technology, and clinical needs.

“The AristaMD platform is the most comprehensive solution in the market,” Cofinas said. “Our platform saves the average provider years of precious time and resources by providing a strong foundation that can still be tailored for each unique environment.”

“Referrals to medical specialists have nearly doubled over the last decade, and that figure is set to double again in the next five years,” said Jay Lichter, Ph.D., managing director at Avalon Ventures and chairman of the board at AristaMD. “AristaMD’s Referral Intelligence Platform is a unique and innovative solution designed to improve appropriate patient access and significantly reduce costs. We are pleased to support AristaMD’s top-notch team as they continue their drive to the next level of growth and commercial success.”

About Arista MD
AristaMD is a digital health company focused on assisting primary care providers in offering expanded specialty care through high-impact tools and solutions to reduce unnecessary referrals. Designed by practicing physicians, the AristaMD Referral Intelligence Platform combines clinical guidelines developed at UCSF, specialist eConsults and robust data collection and reporting into one easy-to-use software platform that is interoperable with core EMRs. AristaMD partners with clients to use the company’s platform for their own specialists or can directly provide eConsults through its comprehensive panel of board-certified specialists. AristaMD is at the forefront of designing exceptional tools to enable physicians to collaborate, promoting efficiency and optimal clinical care.

July 21, 2016 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Philips Acquires Wellcentive

AMSTERDAM–(BUSINESS WIRE)–Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it has signed an agreement to acquire Wellcentive, a leading US-based provider of population health management software solutions. Financial details of the transaction will not be disclosed.

In population health management, Philips already offers enterprise telehealth, home monitoring, personal emergency response systems (PERS) and personal health services that address multiple groups within a population from intensive ambulatory care for high-risk patients to prevention and personal health programs for the general population. Wellcentive complements Philips’ portfolio with cloud-based IT solutions to import, aggregate and analyze clinical, claims and financial data across hospital and health systems to help care providers deliver coordinated care that meets new healthcare quality requirements and reimbursement models.

Upon completion of the transaction, which is expected later today, Wellcentive and its employees will become part of the Population Health Management business group within Philips. Tom Zajac, CEO of Wellcentive and an experienced healthcare industry leader, will be appointed to lead this business group.

“With this strategic acquisition, we will strengthen our Population Health Management business and its leadership, as health systems gradually shift from volume to value-based care, and provide more preventative and chronic care services outside of the hospital,” said Jeroen Tas, Philips’ CEO Connected Care & Health Informatics. “Our sweet spot is at the point of care as we give consumers, patients, care teams and clinicians the tools, such as remote monitoring solutions and therapy devices, to optimize care. Wellcentive’s solutions will provide our customers with the ability to collect data from large populations, detect patterns, assess risks and then deploy care programs tailored to the needs of specific groups.”

“Over the past 11 years, the Wellcentive team has focused on delivering data-driven clinical, financial, and human outcomes for our customers as they provide care management for more than 30 million patients,” said Tom Zajac, CEO of Wellcentive. “Combining forces with Philips and its broad portfolio of health technologies and global reach will create a great foundation to accelerate growth in connected care – from healthy living and prevention, to diagnosis, treatment and home care – enabling consumers, providers and health organizations to benefit from our combined, stronger offering in population health management.”

Wellcentive’s applications will be integrated in the Philips HealthSuite cloud, the company’s digital enabler for the next generation of connected health solutions. One example of Philips’ existing care programs for population health management is the Intensive Ambulatory Care (eIAC) program: this combines telehealth technologies and population health management software to help care teams monitor and coach patients at home. It aims to improve patient outcomes, care team efficiency, and prevent patients from entering the hospital, where costs are significantly higher.

Founded in 2005 and headquartered in Atlanta, Georgia, Wellcentive employs approximately 115 employees. The company has a strong customer base in the US.

About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. The company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Headquartered in the Netherlands, Philips’ health technology portfolio generated 2015 sales of EUR 16.8 billion and employs approximately 69,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

July 20, 2016 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Caremerge Raises $14 Million in Second Institutional Round Led By Insight Venture Partners As Value Based Care Takes Shape In Post-Acute Care

CHICAGO, IL July 13, 2016Caremerge, the revolutionary industry pioneer paving the way for care coordination and communication solutions to bridge care gaps across the care continuum and get providers ready for value-based care, today announces a $14 Million investment led by Insight Venture Partners, with participation from previous investors Grażyna Kulczyk, Cambia Health Solutions, Ziegler LinkAge Longevity Fund, GE Ventures, and Arsenal Venture Partners.

The capital enables Caremerge to fund their continued and exponential growth and expansion in the post-acute care market by leveraging its transformative cross-enterprise workflow automation technology to break healthcare information silos – put simply to get the right information at the right time to the right provider so the right decision can be made for the best possible outcome.

In 2016, Caremerge evolved its offerings in order to better prepare post-acute care providers for the value-based care model. The person-centered Caremerge platform acts as a connector across the entire continuum, bringing together many stakeholders including hospitals, MCO’s, ACO’s, physicians, other long-term care providers, families and seniors/patients, to collaborate more proactively for best outcomes and peace of mind.

The investment round sees new additions to the Caremerge Board of Directors. Harley Miller, Vice President at Insight Venture Partners and Dan Hermann, Senior Managing Director and Head of Investment Banking at Ziegler will join the board of directors.

“We are excited to become part of the Caremerge story, we share the same belief that the next era of healthcare, driven by value-based care (ACA) requires a simple, yet flexible platform capable of breaking healthcare silos while placing the patient at the center, and allowing for cross-enterprise workflow automation” said Harley Miller, Vice President, Insight Venture Partners.

Asif Khan, Caremerge’s CEO and co-founder, said: “We’re delighted to welcome Insight Venture Partners into the Caremerge family. Insight has tremendous expertise in scaling SaaS companies and we look forward to harnessing all Insight has to offer and exponentially growing Caremerge together”.

Caremerge’s care coordination platform helps providers on many fronts with tailored solutions to support them on their journey from volume to value-based care.  Caremerge offers Totally Connected Care:

  • Clinical & Compliance Solutions
  • Life Enrichment & Engagement Solutions – patients, families, and providers
  • OPEN API integrations for full interoperability, especially with many leading EHRs
  • CMS Value-Based Care Solutions
  • Hospital discharge and patient tracking into post-acute care

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About Caremerge:

Caremerge forges meaningful connections among providers, families and seniors seeking to improve communication in today’s complex healthcare environment, while meeting value-based care requirements.  With a transformative, easy-to-use cloud-based care coordination network, Caremerge connects the entire care team to streamline cross-enterprise workflows among providers, engage families and patients and improve overall wellness resulting in reduced costs, enhanced experiences and more positive outcomes. To learn more, visit caremerge.com ortwitter.com/caremerge.

About Insight Venture Capital Partners:

Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. Founded in 1995, Insight has raised more than $13 billion and invested in more than 250 companies worldwide. Our mission is to find, fund and work successfully with visionary executives, providing them with practical, hands-on growth expertise to foster long-term success. For more information on Insight and all of its investments, visit http://www.insightpartners.com or follow us on Twitter: @insightpartners.

About Arsenal Venture Partners:

Arsenal Venture Partners is a multi-stage venture capital firm that invests at the intersection of government, large corporations, and emerging technology companies. We partner with visionary entrepreneurs to build exceptional businesses in the healthcare, commerce and logistics, enterprise, and resource efficiency sectors. We foster relationships through our unique network and nearly fifteen years of experience working with, among others, the Department of Defense, Veterans Administration, United States Post Office, and Fortune 500 companies. Arsenal Venture Partners has twenty-two investment professionals in four offices across the United States.

About Cambia Health Solutions:

Cambia Health Solutions, headquartered in Portland, Oregon, is a nonprofit total health solutions company dedicated to transforming health care by creating a person-focused and economically sustainable system. Cambia’s growing family of companies range from software and mobile applications, health care marketplaces, non-traditional health care delivery models, health insurance, life insurance, pharmacy benefit management, wellness and overall consumer engagement. Through bold thinking and innovative technology, we are delivering solutions that make quality health care more available, affordable and personally relevant for everyone. To learn more, visit cambiahealth.com ortwitter.com/cambia.

About GE Ventures:

GE (NYSE: GE) (www.GE.com<http://www.ge.com/>) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.GE.com<http://www.ge.com/>

About Grażyna Kulczyk:

Grażyna Kulczyk is a noted investor, art collector and philanthropist. Ms. Kulczyk invests in innovative, entrepreneurial startups that directly work to serve the needs of society with simple technology that has the potential to scale globally. Her diverse portfolio includes medical, media and advertising startups.

About Ziegler:

Ziegler is a privately held investment bank, capital markets, wealth management and alternative investments firm. Specializing in the healthcare, senior living, education and religion sectors, as well as general municipal and structured finance, enables us to generate a positive impact on the communities we serve. Headquartered in Chicago with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, strategic advisory services, equity and fixed income sales & trading, wealth management and research.

About Ziegler LinkAge Longevity Fund:

The increasing aging population of the United States presents an attractive investment opportunity, given the size, growth and complexity of needs of this population within a continually evolving healthcare system. While the current venture capital and start-up market generally has a broad focus across the landscape of acute healthcare providers, this fund takes a concentrated approach by investing in companies that serve the Longevity Economy. The fund sponsors, Ziegler and Link-Age, leverage their domain knowledge and relationships to find attractive investment opportunities through an investment management team with relevant experience in the space. The objective of the Fund is to achieve long-term capital appreciation by making equity and equity-like (including convertible debt) investments in early to mid-stage, emerging-growth companies that operate in or develop businesses focused on the Longevity Economy.

July 13, 2016 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

McKesson Health Solutions Extends VBR Portfolio with ClarityQx Value-Based Payment Technology

Acquisition expands McKesson’s ability to support health plans in scaling bundled payment programs

NEWTON, Mass. and KING OF PRUSSIA, Pa.—July 12, 2016Last month McKesson Health Solutions released a national study that found value-based reimbursement (VBR) has firmly taken hold but that payers and providers are struggling to operationalize some of the fastest growing payment models.

Today McKesson Health Solutions announced it has expanded its portfolio to include ClarityQxvalue-based payment technology through the acquisition of HealthQX™.  This technology enhances McKesson’s ability to help customers rapidly and cost-effectively transition to value-based care by automating and scaling complex payment models, such as retrospective and prospective bundled payment.

Health plans use ClarityQx for analytics and for automation of retrospective bundled payment models and McKesson’s Episode Management™ to support automation of prospective bundled payment. Pairing ClarityQx with McKesson’s Episode Management gives health plans the ability to automate retrospective bundled payment processes today and move to prospective payment as they are ready.

“The growth of bundled payment is something payers and providers can’t ignore, and we want to ensure our customers have all the tools they need to succeed,” said Carolyn Wukitch, senior vice president of McKesson Health Solutions. “These new value-based payment analytics, reconciliation, and automation capabilities complement our value-based reimbursement suite, because they give our customers the capabilities to prepare for and scale bundled payment.”

Payers and providers are under immense pressure to operationalize bundled payments. Bundled payment is projected to be 17% of medical reimbursement by 2021, making it the fastest growing payment model. And the CMS is now mandating bundled payment in one out of every five metropolitan areas as part of its goal to make alternative payment 50% of reimbursement by 2018. Yet just half of payers and only 40% of providers are ready to implement bundles, and nearly 75% don’t have the tools they need to automate these complex models.

Now, with the addition of ClarityQx, McKesson can offer health plans a more complete portfolio that can automate their medical policy, payment policy, value-based reimbursement models, provider management, and contract management.

In addition to ClarityQx, McKesson’s Network and Financial Management portfolio also includes McKesson Episode Management™ prospective bundled payment automation solution,McKesson ClaimsXten™ advanced claims auditing rules engine, McKesson Reimbursement Manager™, McKesson Contract Manager™, McKesson Provider Manager™, and McKesson Payer Connectivity Services™.

ClarityQx was developed by HealthQX, a leading vendor of value-based payment analytic solutions for health plans and providers, which McKesson acquired in June.

“We’re thrilled to be joining McKesson Health Solutions,” said Mark McAdoo, CEO of HealthQX. “The integration of our two companies is reflective of our customers’ needs to rapidly transition from volume to value-based payments.”

About McKesson

McKesson Corporation, currently ranked 5th on the FORTUNE 500, is a healthcare services and information technology company dedicated to making the business of healthcare run better. McKesson partners with payers, hospitals, physician offices, pharmacies, pharmaceutical companies, and others across the spectrum of care to build healthier organizations that deliver better care to patients in every setting. McKesson helps its customers improve their financial, operational, and clinical performance with solutions that include pharmaceutical and medical-surgical supply management, healthcare information technology, and business and clinical services. For more information, visit www.mckesson.com.

July 12, 2016 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.