Monday Morning Update 7/3/23

Top News

Staffing and consulting services company Optimum Healthcare IT acquires ECloud Managed Solutions, a cloud adoption and digital transformation firm based in Georgia. ECloud Managing Partner Eric Sanders will transition to Optimum as head of business development.

HIStalk Announcements and Requests

A majority of patients have been receptive to their physician’s decision to not prescribe a desired drug or treatment.

New poll to your right or here: How will health IT business conditions change in the next 12 months?

Webinars

July 12 (Wednesday) 2 ET. “101: National Network Data Exchanges.” Sponsor: Particle Health. Presenter: Troy Bannister, founder and CEO, Particle Health. It’s highly likely that your most recent medical records were indexed by a national Health Information Network (HIN). Network participants can submit basic demographic information into an API and receive full, longitudinal medical records sourced from HINs. Records come in a parsed, standardized format, on demand, with a success rate above 90%. There’s so much more to learn and discover, which is why Troy Bannister is going to provide a 101 on all things HIN. You will learn what HINs are, see how the major HINS compare, and learn how networks will evolve due to TEFCA.

July 27 (Thursday) noon ET. “Why You Shouldn’t Wait to Use Generative AI.” Sponsor: Orbita. Presenter: Bill Rogers, co-founder, president, and chairman, Orbita. The advent of generative AI tools truly represents a paradigm shift. And while some healthcare leaders embrace the transformation, others are hesitant. Invest 20 minutes to learn why you shouldn’t wait. When combined with natural language processing, workflow automation and conversational dialogs, generative AI can help leaders address a raft of challenges: from over-extended staff, to the rising demand for self-service tools, to delivering secure information to key stakeholders. You will learn where AI delivers the greatest value for providers and life sciences, how it can solve critical challenges faced by healthcare leaders, and how Orbita has integrated generative AI into its conversational platform so healthcare leaders can leverage its full capabilities safely and securely.

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

Acquisitions, Funding, Business, and Stock

Specialty medication enrollment software startup RxLightning opens an office – its first – in Indiana after having been a remote-only company since its launch in 2020.

Bright Health exits the insurance business with the sale of its California Medicare Advantage business to Molina Healthcare for $600 million. The company, which now solely operates 70 clinics in California, Florida, and Texas, announced in March that it had overdrawn its credit and was unsure about its ability to remain in business. Its valuation at the time was down 97% since its IPO height of $11 billion two years ago.

Mental health and meditation app Headspace Health lays off 181 employees, its second round of job cuts since December.

People

Vyne Medical names Caleb Manscill (DentalRay) president.

Kathleen Bresette (DrFirst) joins RxLightning as chief revenue officer.

Announcements and Implementations

In New York, Northwell Health’s Forest Hills Long Island Jewish Hospital launches a tele-burn virtual consult service, giving on-site providers the ability to virtually consult with specialists at Staten Island University Hospital’s Regional Burn Center.

Government and Politics

Amazon Pharmacy’s PillPack will pay $300,000 to settle allegations that it failed to keep accurate records of controlled substances. Amazon acquired PillPack in 2018 for $753 million.

Privacy and Security

In Idaho, Mountain View Hospital and Idaho Falls Community Hospital and its partner clinics restore their clinical systems after a cyberattack forced them offline over a month ago. Administrative functions, including billing, have yet to be fully restored.

Sponsor Updates

• Black Book releases its analysis of top customer-rated vendors serving the payer industry. Recognized HIStalk Sponsors include NTT Data (infrastructure and core IT modernization services), Wolters Kluwer (member and consumer education solutions), and Optum (payer analytics outsourcing/end-to-end RCM outsourcing).
• AdvancedMD releases over 25 product enhancements to drive greater productivity for private practices.
• Memorial Health System evolves its patient engagement app using Meditech’s Greenfield Workspace.
• Nordic releases a new Designing for Health Podcast featuring Memorial Hermann Health System VP of Consumerism Dense Worrell.
• OptimizeRx wins a Digital Health Merit Award for its connected digital health point-of-care programs.
• Waystar publishes a report with HFMA featuring research and insights on denials in healthcare.

Blog Posts

• Fostering collaboration and connection among healthcare professionals at Meditech Live (Meditech)
• Net Health Tissue Analytics’ Successful Wound Care Programs Draw the Spotlight in New Zealand (Net Health)
• Unpacking the Complete Care Act: The Future of Integrated Care (NeuroFlow)
• Improve workflow efficiency and save time with intelligence-infused AI (Nuance)
• How to Select the Best Value-based Care Models for Post-Acute Physician Practices (Netsmart)
• From back office to partners in care: The evolution of hospital information technology departments (Nordic)
• Adopting Agile: The Power of Iteration in Healthcare IT (Optimum Healthcare IT)
• The Future of Managing IT Departments (Pivot Point Consulting)
• How to Improve Patient Transfers with Better Communication (PerfectServe)
• The link between the quadruple aim and improved clinic communications (Spok)
• George Van Antwerp Rides the Bus (Surescripts)
• Rapid Cycle Improvement Programs Deliver Speedy Results, Require Significant Effort (Zynx Health)

Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
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