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October 26, 2023 News 1 Comment

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Abridge, whose software converts patient-clinician conversations into clinical documentation, raises $30 million in a Series B funding round.


HIStalk Announcements and Requests

Jump on Lorre’s year-end, cherry-on-top deal and you’ll be among several smart new HIStalk sponsors who snagged the rest of 2023 free, shifted the expense to 2024 if they wanted, and will be outshining the competition as HIMSS approaches. In an industry that is rebounding, marketing prowess earns visibility and opportunity. HIStalk’s sponsor roster is second to none in digital health. I admit that my website is primitive and thrice-weekly industry news posts are so necessarily long at times that they send short attention-spanners to flee for time-wasting TikTok videos, but a lot of decision-makers get their news here and 94% of them say that doing so helps them do their job better.


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


Acquisitions, Funding, Business, and Stock

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Sage, which offers technology for caring for older adults, raises $15 million in Series A funding. Its care coordination platform for senior living residents, which allows users to report urgent issues and to communicate with their care team. The company says use of its system reduces resident and family complaints by up to 90%.


Sales

  • Colorado’s public health department chooses Findhelp to create a Drug User Health Hub to reduce the transmission and consequences of viral hepatitis.
  • Midwest Surgical Hospital selects the Simplifi 797 and Pharmacy Compliance suites of Wolters Kluwer Health to support sterile compounding.
  • University Health Network, UVA Health, and Boston Children’s Hospital will implement Fujifilm’s Synapse digital pathology technology.

People

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HCTec hires Peter Reynolds (Jeomise) as VP of strategic sales.

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Niki Hall (Contentsquare) rejoins Five9 as chief marketing officer.

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The Permanente Federation promotes Brian Hoberman, MD, MBA to EVP/CIO and national IT leader. He also services as CIO of The Permanente Medical Group and led Kaiser Permanente’s implementation of Epic in the early 2000s.


Announcements and Implementations

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Data scientists at Bardavon provide a rare under-the-hood look at the predictive models they developed for optimizing care for physical and occupational therapy patients. Therapy providers, claims examiners, and case managers use the results to manage workers’ compensation cases.

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AI-enabled workforce solutions vendor SnapNurse renames itself to SnapCare. The company offers healthcare organizations a less-expensive alternative to traveling and agency clinicians for managing float pools, PRN staffing, and permanent placement recruiting.

Advisory Board warns of “pharmacy deserts” as drug chains close hundreds of unprofitable stores in low-income areas.

A survey of healthcare finance professionals by AGS Health and HFMA finds that those who use or plan to use autonomous coding trust trust it, but 52% don’t know what it is.


Privacy and Security

Advocate Aurora Health will pay $12 million to settle a lawsuit over its use of user tracking tools from Meta and Google on its website and MyChart patient portal,


Other

Baystate Health implements a cashless policy that even covers its retail pharmacies and cafeterias, saying that card-only payment streamlines the payment process and reduces the risk of theft. The hospital says its policy is consistent with Massachusetts law that prohibits retailers from discriminating against a cash buyer. It’s interesting that some business offer customers a discount for paying in cash to avoid card processing fees, while others implement card-only policies.

Not healthcare specific, but pretty funny, is this “Last Week Tonight” skit about McKinsey. I haven’t watched broadcast TV in many years, so I don’t know anything about the show.


Sponsor Updates

  • EClinicalWorks announces that Integrated Medical Health (PA) has grown its multi-specialty practice using its EHR and Healow patient engagement solutions.
  • Health Data Movers releases a new episode of its Quick HITs Podcast featuring Ganesh Persad.
  • Nordic publishes new Healthcare Chronicles video titled “Maximizing your investment in the EHR | Aligning the EHR to enterprise strategy.”
  • Lumeon announces that its Lumeon Conductor care orchestration platform has earned HITRUST certification.

Blog Posts


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Currently there is "1 comment" on this Article:

  1. Yep, the Mckinsey piece was on John Oliver Last Week Tonight. Having worked early in my career for a Big 8 consulting firm it’s pretty much on the mark. One thing I learned working for a big brand name management consulting firm is:
    “‘people that need management consultants don’t know how to use them, and people that know how to use them really don’t need them”







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