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HHS Issues Draft Strategy To Reduce Health It Burden

The U.S. Department of Health and Human Services (HHS) today issued a draft strategy designed to help reduce administrative and regulatory burden on clinicians caused by the use of health information technology (health IT) such as electronic health records (EHRs).

The draft Strategy on Reducing Regulatory and Administrative Burden Relating to the Use of Health IT and EHRs was led by the HHS Office of the National Coordinator for Health Information Technology (ONC), in partnership with the Centers for Medicare & Medicaid Services (CMS), and was required in the 21st Century Cures Act. The draft strategy reflects the input and feedback received by ONC and CMS from stakeholders, including clinicians, expressing concerns that EHR burden negatively affects the end user and ultimately the care delivery experience. This draft strategy includes recommendations that will allow physicians and other clinicians to provide effective care to their patients with a renewed sense of satisfaction for them and their patients.
 
“Usable, interoperable health IT was one of the first elements of the vision I laid out earlier this year for transforming our health system into one that pays for value,” said HHS Secretary Alex Azar. “With the significant growth in EHRs comes frustration caused, in many cases, by regulatory and administrative requirements stacked on top of one another. Addressing the challenge of health IT burden and making EHRs useful for patients and providers, as the solutions in this draft report aim to do, will help pave the way for value-based transformation.”

Stakeholders have indicated to ONC and CMS that when they use their EHRs, clinicians have to rely on checkboxes, templates, cut-and-paste functions, and other workarounds that hinder the intended benefits of EHRs. Clinicians have reported they are spending more time entering data into the EHR, leaving less time to interact with their patients. Required documentation guidelines have led to “note bloat,” making it harder to find relevant patient information and effectively coordinate a patient’s care.
 
“Information technology has automated processes in every industry except health care, where the introduction of EHRs resulted in additional burden on clinicians,” said Don Rucker, national coordinator for health information technology. “Health IT tools need to be intuitive and functional so that clinicians can focus on their patients and not documentation. This draft strategy identifies ways the government and private sector can alleviate burden. I look forward to input from the public to improve this strategy.”

“Over the past year, we hosted listening sessions, received written feedback, and heard from a wide range of clinical stakeholders about the current health IT systems and the requirements specifying documentation, reimbursement, and quality reporting that are burdensome and should be re-examined,” said Seema Verma, CMS administrator. “CMS has demonstrated through bold regulatory action the importance of reducing clinician burden.” 

Based on the input received by ONC and CMS, the draft strategy outlines three overarching goals designed to reduce clinician burden:
 

  • Reduce the effort and time required to record health information in EHRs for clinicians;
  • Reduce the effort and time required to meet regulatory reporting requirements for clinicians, hospitals, and health care organizations; and
  • Improve the functionality and intuitiveness (ease of use) of EHRs.

 
The public comment period on the draft Strategy on Reducing Regulatory and Administrative Burden Relating to the Use of Health IT and EHRs ends on Monday January 28, 2019 at 11:59:59 PM ET.
 
“All of us share the responsibility to improve how we treat the nation’s patients, and we now have the opportunity to work together to find solutions to reduce burden associated with the use of EHRs so clinicians can spend more time with their patients,” said Rucker.

November 28, 2018 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 5 blogs containing over 11,000 articles with John having written over 5500 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 18 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.

GetWellNetwork Acquires HealthLoop

Patient engagement pioneer unites with Silicon Valley startup to define the next era of digital health

WASHINGTON — Nov. 8, 2018 — GetWellNetwork, the Precision Engagement health care company, announced today that it has acquired HealthLoop, a leading digital health company. With over 7.2 million annual patient interactions, HealthLoop’s more than 160 dynamic care plans monitor patients and assess risk in real time, helping providers, hospitals and health systems improve patient engagement, satisfaction and health outcomes. The acquisition expands GetWellNetwork’s reach into nearly 700 health care providers, placing it at the forefront of the changing health care landscape and at the heart of the patient journey.

As health care organizations adapt to the expectations of today’s digital consumer, GetWellNetwork is combining its nearly two decades of experience implementing patient engagement solutions with HealthLoop’s expertise in mobile technologies and digital care management. The move is designed to catalyze aggressive growth in the ambulatory space and signals plans for more long-term strategic investments in cross-continuum tools to connect patients, families and providers.

GetWell Loop will fill the post-discharge follow-up gap and unify the pre- to post-care patient experience by bringing together the key elements of convenience and coordination frequently missing from traditional care delivery.

“Adding HealthLoop to our portfolio advances our strategy to provide the most comprehensive, end-to-end digital patient and family engagement platform,” said Michael O’Neil, founder and CEO, GetWellNetwork. “The changing nature of the how and where care is delivered requires dynamic solutions to meet modern engagement challenges. With HealthLoop as part of the GetWell portfolio, we’re excited to help health care organizations rethink and accelerate their digital strategies.”

HealthLoop tracks patient progress, monitors clinical areas of concern and automates follow-up care, helping providers, hospitals and health systems improve patient interactions and satisfaction. Built on data-backed, scalable technology, its feature-rich, cloud-native platform presents significant opportunities for integration and impact. Over 70 health care organizations of all sizes and settings, including Advocate Aurora Health, UCSF Health and LifeBridge Health, rely on HealthLoop to drive engagement and patient loyalty.

November 8, 2018 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 5 blogs containing over 11,000 articles with John having written over 5500 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 18 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.

Mobile Telehealth Company Medici Acquires DocbookMD

Global Telehealth Platform Adds Respected Doctor-Messaging Technology

Austin, Texas (November 6) – Medici today announced its acquisition of secure healthcare messaging company DocbookMD at the Exponential Medicine conference in San Diego, California. The acquisition will offer doctors and other healthcare providers access to a broad range of mobile communication and telehealth tools that will fundamentally change how doctors practice medicine. In the arrangement, Medici will assume DocbookMD’s technical assets, people and customer contracts including those with state medical associations.

Austin-based DocbookMD was founded in 2008 as an early collaboration tool and offers a secure text messaging application that allows medical professionals to communicate with one another. The DocbookMD application is endorsed by more than 42 state medical associations and 400 county medical associations. The mobile application supports more than 25,000 active doctors. Medici acquires DocbookMD from Scrypts, Inc. and financial terms of the acquisition were not disclosed.

Medici, also headquartered in Austin, provides a global HIPAA-compliant mobile app with secure text, voice and video messaging and allows doctors to provide virtual healthcare to patients. In addition to offering colleague-communication capabilities, the platform offers more than a dozen innovative features including in-app billing, e-prescribe prescriptions and e-refer referrals. Medici empowers doctors, veterinarians, psychologists and other healthcare providers to provide patient care from anywhere.

Medici plans to provide continued technology support for DocbookMD. Existing users and partners should expect uninterrupted usage of data, functionality and connectivity. Medici CEO & Founder, Clinton Phillips stated, “We are delighted to be acquiring one of the most trusted resources for doctors. Medici and DocbookMD are so well-aligned with each other, and with the interests of medical associations in helping doctors live and practice at the highest level.”

Original DocbookMD co-founder, Tracey Haas, DO, MPH, is supportive of the move, stating: “We are thrilled to see DocbookMD find a home at Medici, with its physician-centric technology that continues to push mobile health beyond secure messaging. We are excited to see how Medici and DocbookMD can help healthcare professionals better meet patient needs in this new era of medicine.”

Medici News Announcement at Exponential Medicine Conference

The Medici acquisition of DocbookMD is the company’s first major acquisition following a recent $22 million private capitalization round. https://www.prnewswire.com/news-releases/medici-announces-private-capital-raise-of-over-22-million-300666007.html

CEO & Founder Phillips was expected to speak at an innovation roundtable at Exponential Medicine (known as X-Med) this week in San Diego. The company did not disclose if additional M&A activity would be forthcoming. However, also last week, Medici announced the addition of Anne Jude Hunt, Ph.D., as vice president and head of product. Dr. Hunt comes to Medici from San Francisco with strong Artificial Intelligence (AI) and semantic sciences expertise.

“Exponential Medicine is the place where innovators come to make partnerships, build relationships, and break news,” said Dr. Daniel Kraft, Chair for Medicine & Neuroscience, Singularity University, Founder & Chair, Exponential Medicine. “We are living in a fast-moving, exponential age where the convergence of rapidly developing technologies is enabling vast new capabilities that can radically improve and disrupt the future of health, prevention, and clinical practice.”

“As a fan of Medici,” he added, “I am very pleased the leaders have chosen Exponential Medicine as the venue to announce its latest acquisition to bring more doctors on to its Medici telemedicine platform to care for the greatest number of patients.”

About Medici
Medici (https://medici.md) is addressing the future of healthcare by enabling patients to text, voice or video chat with their personal doctors, therapists, veterinarians and more. Considered the ‘WhatsApp of Healthcare, Medici is an effortless and secure communication tool that allows doctors to unchain themselves from their medical offices while taking great care of patients. Headquartered in Austin, Texas — Medici has offices in Johannesburg, South Africa and Washington, DC.

November 6, 2018 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 5 blogs containing over 11,000 articles with John having written over 5500 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 18 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.

Healthcare Leaders Merge to Accelerate the Promise of Value-Based Care

Mingle Analytics and SilverVue form Mingle Health to deliver an all-in-one platform that includes the consulting, analytics, and tools to streamline medical practices, integrate the delivery network, and improve patient outcomes.

Sandy, UT – October 24, 2018 12:00 p.m. ET – Mingle Analytics Inc., a pioneer in Medicare quality reporting, and SilverVue, Inc., a leading supplier of care management software, today announce their merger. Mingle Health is a new company focused on transforming value-based healthcare delivery by solving the pain points in quality reporting while improving patient outcomes and strengthening practice health.

For the first time, practices of any size, from large Accountable Care Organizations (ACOs) and healthcare organizations to a single provider, can access the high-quality software and consulting services that were once only affordable for large health systems. With expert consultant support, Mingle Health’s platform enables practices to navigate the increasingly complex healthcare regulatory environment to lower costs, increase revenue, and spend more time with patients and less time on paperwork. In addition, the platform provides patient management, assessments, and eligibility verification tools for preventive services, disease management, transitional care planning, and long-term care.

Daniel Mingle, MD MS, founder and CEO of Mingle Analytics, has been named Mingle Health executive chairman, and Will West, founder and CEO of SilverVue, will serve as Mingle Health CEO.

“Our merger with SilverVue brings a unique value proposition to the market with a comprehensive toolset that we’re thrilled to offer to our customers. Mingle Health will provide turnkey solutions to guide providers through the complex maze of requirements and regulations that one must meet to succeed in the business and practice of medicine,” said Dr. Mingle, executive chairman. “Mingle Analytics’s wealth of quality reporting experience combined with SilverVue’s powerful care management solution will allow us to unlock the full potential of value-based care, improving quality, increasing access, and bolstering population health, while reducing costs and restoring practice vitality.”

“Mingle Health is poised for dramatic growth over the next several years as we help providers get off the treadmill of fee-for-service care and transition to value-based care,” said CEO Will West. “By making regulations easy to deal with and new care processes easy to integrate, Mingle Health ultimately allows providers to refocus on their true passion: caring for patients.”

Mingle Health’s unique technology platform streamlines the data engines of value-based care with simplified dashboards across each critical aspect of medical care, treatment, and reporting. Mingle Health has customized technology offerings that can include:

  • Analytics and Reporting: Industry-leading Medicare quality reporting services that ensure practices succeed with the Merit-Based Incentive Payment System (MIPS), Alternative Payment Model (APM), and ACO reporting tracks under Medicare Access and CHIP Reauthorization Act (MACRA).
  • Practice Performance Solutions: Check™, a cloud-based preventive care and disease management toolset.
  • Care Transition Solutions: SilverSearch™, a tool to manage post-acute care referrals and planning for patients, hospitals, and Post-Acute Care (PAC) providers

Leveraging data collected and analyzed from over 100 million patient encounters, Mingle Health builds on this legacy and its best-in-class service to more than 300 hospitals and 75,000 providers to improve the delivery of value-based healthcare. The company now has employees in 18 states serving clients in every state and territory across the nation. The executive leadership team is a combination of existing leaders from both Mingle Analytics and SilverVue and is headquartered in Sandy, Utah and in Paris, Maine.

To learn more about Mingle Health visit MingleHealth.com.

About Mingle Health

Mingle Health is transforming value-based healthcare delivery. Our data-driven software solutions are designed to give providers tools to identify and solve common healthcare challenges related to preventive medicine, disease management, practice efficiency, patient transitions, and quality reporting. Mingle Health helps providers and practices improve care, lower costs, and increase earnings, ultimately transforming operations to increase the joy and profitability in the practice of medicine.

October 24, 2018 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 5 blogs containing over 11,000 articles with John having written over 5500 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 18 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.

Kyruus Announces Investment from Salesforce Ventures, Launch of ProviderMatch for Salesforce

New Strategic Investment Supports Go-to-Market Partnership

Boston, MA – October 23, 2018 – Kyruus, a leader in provider search and scheduling solutions for health systems, today announced the availability of ProviderMatch for Salesforce, which integrates into Salesforce Health Cloud on the Salesforce AppExchange. The solution enables access centers to deliver a personalized, end-to-end patient experience by combining Salesforce’s 360 degree view of the patient with Kyruus’ robust matching, appointment booking, and provider data management capabilities.

The launch of ProviderMatch for Salesforce accompanies a strategic investment in Kyruus from Salesforce Ventures, the global CRM leader’s corporate investment group. With access centers serving as a key “front door” to health systems, the two companies have already seen significant demand for the combined offering of ProviderMatch and Health Cloud.

“In healthcare, customer relationship management starts with the first point of contact – when a patient seeks access to care at a health system,” said Matt Garratt, Managing Partner at Salesforce Ventures. “Kyruus has built a platform that enables health systems to match and book patients with the right providers. We’re especially excited to invest in the company because they’re unique in facilitating this service across all access points.”

Kyruus has experienced rapid growth and now manages 150,000 providers across many of the nation’s leading health systems on its platform. The enterprise-wide ProviderMatch platform helps health systems match patients with the right providers whether patients access care by calling in, searching online, or obtaining a referral from another provider.

“We’ve seen incredible momentum for our combined offering with Salesforce as health systems face rising competition and take steps to differentiate the experience they provide to their customers,” said Graham Gardner, CEO of Kyruus. “Having Salesforce join as an investor propels our ability to meet that market demand, build on the value we deliver together, and improve how patients access healthcare.”

About Salesforce AppExchange

Salesforce AppExchange, the world’s leading enterprise cloud marketplace, empowers companies to sell, service, market and engage in entirely new ways. With more than 5,000 solutions, 6 million customer installs and 80,000 peer reviews, it is the most comprehensive source of cloud, mobile, social, IoT, analytics and artificial intelligence technologies for businesses.

About Salesforce Ventures

Salesforce is the fastest growing top five enterprise software company and the #1 CRM provider globally. Salesforce Ventures—the company’s corporate investment group—invests in the next generation of enterprise technology that extends the power of the Salesforce Customer Success Platform, helping companies connect with their customers in entirely new ways. Portfolio companies receive funding as well as access to the world’s largest cloud ecosystem and the guidance of Salesforce’s innovators and executives. With Salesforce Ventures, portfolio companies can also leverage Salesforce’s expertise in corporate philanthropy by joining Pledge 1% to make giving back part of their business model. Salesforce Ventures has invested in more than 275 enterprise cloud startups in 17 different countries since 2009. For more information, please visit www.salesforce.com/ventures.

Salesforce, AppExchange, Salesforce Ventures, Service Cloud and others are among the trademarks of salesforce.com, inc.

About Kyruus

Kyruus delivers industry-defining provider search and scheduling solutions that help health systems match patients with the right providers across their enterprise-wide access points. Serving 150,000 providers across leading health systems nationwide, the ProviderMatch suite of solutions—for consumers, access centers, and referral networks—enables a modern and consistent patient experience, while optimizing provider utilization. The company’s award-winning provider data management platform powers each of the ProviderMatch solutions and transforms how health systems understand and manage their provider networks. To find out why a Better Match Means Better Care, visit www.kyruus.com.

October 23, 2018 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 5 blogs containing over 11,000 articles with John having written over 5500 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 18 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.

Carequality Seeks Community Input As It Expands Governance to FHIR

Vienna, VA – October 11, 2018 – Carequality, a national-level, interoperability trusted exchange framework, is actively seeking input from the healthcare community as it adds support for FHIR-based exchange. Member and non-member stakeholders from across the healthcare continuum are encouraged to participate in the new FHIR Implementation Guide Technical and/or Policy workgroups. The former will concentrate more on specifications and security, while the latter will focus on the “rules of the road.”

“Carequality has demonstrated the power of a nationwide governance framework in connecting health IT networks and services for clinical document exchange,” said Dave Cassel, Executive Director of Carequality.  “We believe that the FHIR exchange community will ultimately encounter some similar challenges to those that Carequality has helped to address with document exchange, and likely some new ones as well.  We’re eager to engage with stakeholders to map out the details of FHIR-based exchange under Carequality’s governance model.”

With much of the healthcare industry either starting to implement FHIR at some level, or planning to do so, the Carequality community is thinking ahead to the type of broad, nationwide deployments that Carequality governance can enable. The new policy and technical workgroups are expected to work in concert with many other organizations contributing to the maturity and development of FHIR. The workgroups will not duplicate the work that is underway on multiple fronts; including defining FHIR resource specs and associated use case workflows. Instead, the workgroups will focus on the operational and policy elements needed to support the use of these resources across an organized ecosystem.

“The overarching goal of all healthcare interoperability project is to improve outcomes, lower costs, and broadly improve overall population health,” said Cassel. “We believe that adoption of FHIR in the Carequality Interoperability Framework can advance all of these goals by improving the availability of useable clinical information, expanding the scope of exchange, and significantly lowering the costs of participating in interoperable exchange.”

Individuals interested in participating in either or both workgroups should emailadmin@carequality.org, and indicate which workgroup is of interest.

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What is Carequality?

Carequality is a national-level, consensus-built, common interoperability framework to enable exchange between and among health data sharing networks. Carequality brings together diverse groups, including electronic health record (EHR) vendors, record locator service (RLS) providers and other types of existing networks from the private sector and government, to determine technical and policy agreements to enable data to flow between and among networks, platforms, and geographies.

The Carequality Framework provides the essential elements for trusted national exchange, such as common rules of the road (including a Trusted Exchange Framework), well-defined technical specifications and a participant directory. For more information, visit www.carequality.org and follow us at twitter.com/carequality.

October 11, 2018 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 5 blogs containing over 11,000 articles with John having written over 5500 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 18 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.

GRAChIE Using eHealth Exchange To Mobilize Connection Points for Hurricane Florence Evacuees

eHealth Exchange Network Model Ensures Secure, Interoperable Health Information Exchange

(Vienna, VA – September 14, 2018) –  As the nation braces for the force of Hurricane Florence, the Georgia Regional Academic Community Health Information Exchange (GRAChIE) is working to connect to eHealth Exchange participants in South Carolina, North Carolina, Virginia and Florida in preparation for displaced evacuees.

Major disasters such as Hurricane Florence have an effect on healthcare information needs – even before they make landfall. Hurricane Florence has already resulted in the evacuation of millions who have left the places where they normally receive care and where their healthcare records are housed.

GRAChIE has been working diligently expand its connectivity to health information exchanges (HIEs) throughout the Southeast via the eHealth Exchange as quickly as possible before Hurricane Florence hits the coast.

“We are making great strides for building bridges and exchange throughout the southeast as the storm approaches,” said Tara Cramer, CEO of GRAChIE.  “We are currently taking connections live with the approach we used last year during Hurricane Irma with great success.”

“The eHealth Exchange network provides a nationwide backbone for health information sharing that enables network participants to share information in the normal course of care and to quickly expand those connections when emergencies arise, “said Jay Nakashima, Vice President of eHealth Exchange. “This ensures a state of readiness. In disaster situations such as Hurricane Florence, physicians must have instant access to electronic patient histories to provide safe and effective care.”

Patient Unified Lookup System for Emergencies (PULSE)

When disaster strikes, and families are relocated to shelters in their community or even further afield, prescription refills and other healthcare needs become more challenging. The Sequoia Project, building upon the work incubated by HHS, is spearheading a nationwide deployment plan for the health IT disaster response platform known as the Patient Unified Lookup System for Emergencies (PULSE). The PULSE system enables authorized disaster healthcare volunteers treating patients in field hospitals, outside the normal care setting to access patient records when they have been injured or displaced by disasters and other emergencies.

“Disasters and other events are unpredictable and disruptive and place unique demands on public health, private sector healthcare, first responders and other key resources,” said Mariann Yeager, CEO of The Sequoia Project. “People need seamless healthcare, whether for emergency care or just uninterrupted prescription access, when they are displaced by a disaster.”

The PULSE platform was activated in California for the 2017 and 2018 wildfires, and many area health systems and providers rallied behind the effort. This experience will guide further efforts to deploy PULSE in other states and regions by informing governance, activities and policies on a national-level platform to enable sharing among disaster healthcare volunteers and community providers.

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About eHealth Exchange

The eHealth Exchange is a rapidly growing health data sharing network for securely sharing clinical information over the Internet nationwide. The eHealth Exchange spans all 50 states and is the largest clinical health data sharing network in the United States. Current eHealth Exchange participants include large provider networks, hospitals, pharmacies, regional health information exchanges and many federal agencies, representing more than 75% of all U.S. hospitals, 70,000 medical groups, more than 8,300 pharmacies and 120 million patients where over 200 million clinical documents are exchanged annually. For more information about the eHealth Exchange, visit www.ehealthexchange.com. Follow the eHealth Exchange on Twitter: @eHealthExchange.

About GRAChIE

The Georgia Regional Academic Community Health Information Exchange (GRAChIE) serves healthcare organizations and providers across Georgia seamlessly bringing health information from one healthcare professional to another. GRAChIE provides health information in a secure, electronic format allowing healthcare professionals to appropriately access and securely share a patient’s health information electronically through EHR system. https://grachie.org/

About The Sequoia Project

The Sequoia Project is a non-profit, 501c3, public-private collaborative chartered to advance implementation of secure, interoperable nationwide health information exchange. The Sequoia Project supports multiple, independent health IT interoperability initiatives, most notably: the eHealth Exchange, a rapidly growing national-level health information network; and Carequality, which is a national-level, consensus-built, common interoperability framework to interconnect and enable exchange between and among existing health information networks, much like the telecommunications industry did for linking cell phone networks. For more information about The Sequoia Project and its initiatives, visit www.sequoiaproject.org. Follow The Sequoia Project on Twitter: @SequoiaProject.

September 14, 2018 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 5 blogs containing over 11,000 articles with John having written over 5500 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 18 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.

Formativ Health Partners with Lyft to Help Get Patients to Medical Appointments with Seamless Booking System

Formativ Health, a technology-enabled health services company focused on transforming the patient-provider experience, announced today it has entered into an agreement with Lyft, the fastest-growing rideshare company in the U.S.

Formativ, whose technology and services support physician practices, hospitals, and health systems, will work with Lyft to integrate Concierge into its Patient Engagement Platform (PEP). Through this integration, Formativ’s 250+ Patient Engagement Specialists can schedule non-emergency Lyft rides for patients directly through its PEP platform to provide Lyft rides in 40+ States. Lyft rides can be ordered on-demand or in advance, and patients don’t need to be a Lyft user to take advantage of the service.

The PEP, which leverages the Salesforce HealthCloud, is the core of Formativ’s technology offering, enabling improved patient-provider experiences when combined with their team of highly trained Patient Engagement Specialists. Formativ’s PEP solution includes enterprise-wide scheduling functionality that enables improved appointment inventory visibility and features automated waitlist, online self-scheduling and many other key practice management capabilities.

According to a 2017 study by the American Hospital Association, nearly four million patients per year miss out on care, due to lack of available transportation options related to cost or geographic barriers. These missed appointments make it difficult for patients to get the care they need, and this partnership is one way to make it easier for provider organizations to cut that number down.

“For many patients, access to reliable transportation can be the biggest hurdle in getting them to the doctor’s office. Formativ partnered with Lyft to enable our team of patient engagement specialists to book on-demand or scheduled rides for the patients we serve on behalf of our clients, addressing some of the negative social determinants of health, decreasing barriers to care and making life that much easier for patients,” explained David Harvey, chief technology officer at Formativ.

“We’re excited to partner with Formativ Health to integrate Lyft Concierge into their patient engagement platform – making it easier for providers to request rides for those who need them,” said Gyre Renwick, vice president of Lyft Business. “As we continue our efforts to reduce the healthcare transportation gap by introducing a reliable and efficient transportation solution to patients, partnering with organizations like Formativ – which schedules hundreds of thousands of appointments each year – is essential to having a tangible impact in this space.”

About Lyft

Lyft was founded in June 2012 by Logan Green and John Zimmer to improve people’s lives with the world’s best transportation. Lyft is the fastest growing rideshare company in the U.S. and is available to 95 percent of the US population as well as in Ontario, Canada. Lyft is preferred by drivers and passengers for its reliable and friendly experience, and its commitment to effecting positive change for the future of our cities, as the first rideshare company to offset carbon emissions from all rides globally.

About Formativ Health

New York City-based Formativ Health is a technology-enabled health services company focused on transforming the patient-provider experience. Their services help health systems, provider groups, and payors respond to the rise of consumerism by combining powerful technology with an empathetic approach to customer service. Formativ helps clients enhance their patients’ experience, adapt to evolving risk-based payment models, improve financial performance, increase practice productivity, and elevate physician satisfaction and patient loyalty. For more information, visit www.formativhealth.com or on LinkedIn, Twitter and Facebook.

September 7, 2018 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 5 blogs containing over 11,000 articles with John having written over 5500 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 18 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.

Verscend Technologies, Inc., Completes Acquisition of Cotiviti Holdings, Inc.

The combined healthcare information technology company plans to operate privately as Cotiviti, with Dr. Emad Rizk as president and chief executive officer

ATLANTA & WALTHAM, Mass. — August 27, 2018 — Verscend Technologies, Inc. (“Verscend”), a portfolio company of Veritas Capital (“Veritas”) and a leader in data-driven healthcare solutions, has completed its acquisition of Cotiviti Holdings, Inc. (“Cotiviti”), a leading provider of payment accuracy and analytics-driven solutions focused primarily on the healthcare industry. Emad Rizk, M.D., current president and chief executive officer of Verscend, will retain these titles for the combined business. The combined private company plans to operate under the Cotiviti name.

Cotiviti will operate as a healthcare information technology company able to apply multidimensional analytic insights, deep market expertise, and high-performance services to help its clients reshape the economics of healthcare. The new Cotiviti sits at the intersection of payers’ most critical programs that affect financial performance: payment accuracy; fraud, waste, and abuse management; risk adjustment; quality improvement and reimbursement; population health management; and high-value network performance. By combining some of the most robust financial and clinical data in the industry, Cotiviti will have unique insight into the healthcare system. The company’s combined intellectual capital, data assets, client base, and subject-matter expertise extend its leadership in healthcare’s rapidly changing landscape.

“Both companies are customer-driven innovators that share a similar mission: to help our clients improve healthcare affordability, reduce waste, and identify the best path to better outcomes,” said Dr. Rizk. “With our new capabilities across payment, quality, risk, and the combination of clinical and financial data, Cotiviti will be unmatched in its ability to create differentiated value for its clients.”

The acquisition of Cotiviti is the latest by Veritas Capital, which also recently acquired GE Healthcare’s Value-Based Care Division and has made previous investments in Truven Health Analytics as well as Verscend. According to chief executive officer and managing partner Ramzi Musallam, the Verscend-Cotiviti combination is a strong fit for its investment strategy.

“A core tenet of Veritas’ investment philosophy is identifying organizations that are positioned to have transformational impact in their respective domains. We see the combination of Cotiviti and Verscend as bringing much needed precision and insight to the healthcare system,” Musallam said. “We expect that the two companies’ complementary data sets, analytical capabilities, and industry expertise will accelerate forward momentum for the new Cotiviti through smarter, faster solutions that address rising costs, eliminate waste, and speed quality improvement for the healthcare industry overall.”

Under the terms of the agreement, Cotiviti shareholders will receive merger consideration in the amount of $44.75 in cash for each share of Cotiviti common stock they hold (without interest and subject to any applicable withholding taxes or other amounts required to be withheld therefrom under applicable law). American Stock Transfer & Trust Company has been appointed as paying agent in connection with the merger and will be mailing a letter of transmittal to all Cotiviti shareholders of record within two business days. The letter of transmittal will instruct shareholders on how to surrender their shares of Cotiviti common stock in exchange for the merger consideration.

The transaction was announced on June 19, 2018, and received approval from Cotiviti shareholders on August 24, 2018. As a result of the completion of the transaction, shares of Cotiviti common stock were removed from listing on the New York Stock Exchange (“NYSE”), with trading in Cotiviti shares suspended prior to the opening of business today.

About Cotiviti

Following the Verscend-Cotiviti combination, Cotiviti will be a leading information technology and analytics company that is reshaping the economics of healthcare, helping its clients uncover new opportunities to unlock value. Cotiviti’s solutions are a critical foundation for healthcare payers in their mission to lower healthcare costs and improve quality through higher-performing payment accuracy, quality improvement, risk adjustment, and network performance management programs. The company also supports retail and life/legal industries with data management and audit services that improve business outcomes. For more information, visit www.cotiviti.com.

About Veritas Capital

Veritas is a leading private equity firm that invests in companies that provide critical products and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide, including those operating in the aerospace & defense, healthcare, technology, national security, communications, energy, and education industries. Veritas seeks to create value by strategically transforming the companies in which it invests through organic and inorganic means. For more information on Veritas Capital and its current and past investments, visit www.veritascapital.com.

August 27, 2018 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 5 blogs containing over 11,000 articles with John having written over 5500 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 18 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.

AxiaMed Announces $12.4 Million Capital Investment Led By Health Enterprise Partners

Strategic Investment to Accelerate Growth Driven by Demand for Greater Patient Payment Convenience and Security

SANTA BARBARA, CA., August 14, 2018 – AxiaMed, an innovative healthcare payments technology company, announced today that it has raised $12.4 million in funding to accelerate its growth in the burgeoning market for secure, flexible patient payments. Health Enterprise Partners (HEP) led the round with participation by a number of AxiaMed’sexisting investors, including Nashville Capital Network.

Since its founding in 2015, AxiaMed has experienced triple-digit annual growth driven by the dramatic increase in patient financial responsibility for healthcare expenses. Industry analysts predict that patient payments will exceed 30% of total healthcare costs in 2019 and rise to nearly 50% within 5 years.

“We are thrilled to partner with Health Enterprise Partners and its extensive network of healthcare industry partners. This investment further validates the significance of AxiaMed’s solutions and the necessity for healthcare organizations and software solutions to provide secure patient payment technology. We look forward to significant and increased execution with the additional resources,” said Randal Clark, CEO and co-founder, AxiaMed.

AxiaMed’s Payment Fusion platform has become the healthcare industry’s preferred SaaS-based payment platform and is used by hundreds of hospitals and thousands of ambulatory providers. Payment Fusion enables healthcare software vendors to integrate secure payment technology into their applications, lessening the risks of payment data breaches, and reducing compliance burdens while improving the financial performance of providers by expanding payment options available to patients.

“While many other healthcare payment companies have focused on point solutions, AxiaMed’s innovative payment platform enables and enhances secure patient payment solutions within various healthcare software solutions,” said Ezra Mehlman, Principal at Health Enterprise Partners. “AxiaMed’s impressive growth and strong customer demand positions the company as a market leader, particularly in the healthcare payment and security categories of revenue cycle technology.”

“Health Enterprise Partners’ deep experience in the healthcare marketplace will help us accelerate the expansion of our Payment Fusion platform with healthcare organizations and software partners, greatly improving the payment experience for both providers and payers,” said Kevin Kidd, co-founder and Chief Business Development Officer, AxiaMed.

Proceeds from this funding round will enable AxiaMed to increase its product development and go-to-market strategy, strengthen its core team, and solidify its market position. Within the past year, AxiaMed became one of the first healthcare-focused PCI-validated Point-to-Point Encryption (vP2PE) solution providers. This security offering enables AxiaMed’s software partners and healthcare organizations to enhance its security infrastructure and reduce PCI compliance requirements and attendant costs.

About AxiaMed

AxiaMed is a healthcare financial technology company specializing in payment integration and security. AxiaMed’s integrated payments technology platform, Payment Fusion, improves the financial performance of healthcare providers through integration with various revenue cycle, practice management, EHRs and other software systems, enhancing interoperability and payment options across the entire ecosystem of healthcare payments between patients, providers and payers.

AxiaMed is headquartered in Santa Barbara, CA with executive offices in Nashville, TN.

For more information, visit https://www.axiamed.com/.

About Health Enterprise Partners

Health Enterprise Partners invests primarily in privately held, middle market companies in health care services and health care information technology. Central to HEP’s strategy is its unique and extensive hospital system and health plan network, 36 members of which are investors in HEP’s funds. HEP seeks to invest in companies that improve the quality of the patient experience, expand access, and reduce the cost of health care.

For more information, please visit http://www.hepfund.com .

August 15, 2018 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 5 blogs containing over 11,000 articles with John having written over 5500 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 18 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.