Aspirion Announces Acquisition of FIRM Revenue Cycle Management Services, Inc.
Aspirion, a leading technology-enabled healthcare revenue cycle management (RCM) provider for complex claims and revenue integrity, announced today that it has acquired FIRM Revenue Cycle Management Services, Inc. (FIRM RCM), a trusted partner to hospital systems in the recovery of denied, unpaid, and underpaid medical insurance claims. As part of the announcement, the FIRM RCM team will continue to be led by Nancy Momcilovic. Simultaneously, Joseph Cook, Principal, will retire from active management following the completion of the acquisition. The acquisition closed on May 18, 2023.
“We are thrilled to welcome FIR...
Source: EMR and HIPAA - June 5, 2023 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Amy Amick Aspirion FIRM RCM FIRM Revenue Cycle Management Services Inc. Health IT Acquisitions Healthcare M&A Joseph Cook Nancy Momcilovic Richard Thomas Source Type: blogs
Bonus Features – June 4, 2023 – 51% of hospitals plan to participate in TEFCA, only 18% of orgs have implemented email security software correctly, and more
This article will be a weekly roundup of interesting stories, product announcements, new hires, partnerships, research studies, awards, sales, and more. Because there’s so much happening out there in healthcare IT we aren’t able to cover in our full articles, we still want to make sure you’re informed of all the latest news, announcements, and stories happening to help you better do your job.
News and Studies
The majority (51%) of hospitals plan to participate in TEFCA, according to ONC data. Organizations most likely to participate include those who are part of existing national networks such as eHealth Exchange, Co...
Source: EMR and HIPAA - June 4, 2023 Category: Information Technology Authors: Brian Eastwood Tags: Healthcare IT Ardent Health Services AvaSure Babyscripts Brandon Devennie Cognoa CRISP EasyDMARC eClinicalWorks eCW ElliQ Healthcare IT Today Bonus Features Integral Jeffrey Pollard Lenovo Loyal Luna Marc Rabner Masimo Source Type: blogs
Weekly Roundup – June 3, 2023
Welcome to our Healthcare IT Today Weekly Roundup. Each week, we’ll be providing a look back at the articles we posted and why they’re important to the healthcare IT community. We hope this gives you a chance to catch up on anything you may have missed during the week.
Healthcare Innovation: Disrupting Traditional Models and Understanding Regulations. We asked the Healthcare IT Community to talk to us about what it takes to stand out and get your innovation funded. It’s important to address a meaningful need, find collaborators in the pharma or provider markets, and validate proof points for customers and regulat...
Source: EMR and HIPAA - June 3, 2023 Category: Information Technology Authors: Brian Eastwood Tags: Healthcare IT Healthcare IT Today Weekly Roundup Source Type: blogs
Healthcare Innovation Funding – Regulations and Disrupting Traditional Models
We are at an exciting time in the world of healthcare! With technology becoming more accessible and more and more digital natives entering the work force, there’s an abundance of innovation. We have so many more people that are coming up with creative digital solutions to the challenges that we are currently facing. However, while there are plenty of great ideas and startups, there’s just simply not enough money to fund all of them.
So how do you make sure that you’re the one getting the funding you need and not another startup? Oftentimes, the answer lies within making yourself stand out, and a great wa...
Source: EMR and HIPAA - June 2, 2023 Category: Information Technology Authors: John Lynn Tags: C-Suite Leadership Health IT Company Healthcare IT Regulations Bill Charnetski Ceteri Capital Debiopharm Derek Streat DexCare Frederico Ferreira Braga Healthcare Disruption Healthcare Innovation Funding Jay Ackerman Microsoft P Source Type: blogs
Surescripts Makes Interoperability Official
Surecripts is a company that is synonymous with e-prescribing. Increasingly, healthcare organizations are using the company’s platform to exchange more than prescription information. Vaccination status, demographic information and notes are increasingly shared. Surescripts recently announced its intention to become a QHIN, firmly positioning the company a player in the interoperability space. Why would they do this?
Healthcare IT Today sat down with Justin McMartin, Product Manager at Surescripts to get an answer to that question…and to learn more about the company’s interoperability efforts, their QHIN plans, and th...
Source: EMR and HIPAA - June 2, 2023 Category: Information Technology Authors: Colin Hung Tags: Health IT Company Healthcare IT Interoperability 2022 National Progress Report e-prescribing EHR Healthcare Information Exchange HIMSS HIMSS 2023 HIMSS23 Justin McMartin Medication History QHIN SureScripts Tara Dragert TEFCA Source Type: blogs
Knowing Your Patient: Helping Healthcare Organizations Prevent Insurance Fraud
The following is a guest article by Bala Kumar, Chief Product Officer at Jumio
The list of responsibilities for a CISO in healthcare is constantly growing. Today’s threat landscape requires them to plan for ransomware and malware attacks, protect against traditional vulnerabilities in legacy equipment, and mitigate the risk of internal threats.
With those competing priorities, fraud prevention does not always make its way to the top of the list of considerations, even when it should. According to the National Health Care Anti-Fraud Association, fraud costs the U.S. healthcare industry more than $50 billion each year. ...
Source: EMR and HIPAA - June 2, 2023 Category: Information Technology Authors: Guest Author Tags: Ambulatory C-Suite Leadership Health IT Company Healthcare IT Hospital - Health System IT Infrastructure and Dev Ops LTPAC Security and Privacy Bala Kumar CISO Healthcare Fraud Identity Fraud Jumio Know Your Customer Know Your Source Type: blogs
HealthSnap Raises $9 Million Series A for Continued Growth of Remote Patient Monitoring and Chronic Care Management Platform
The Investment, Led by Asclepius Growth Capital and Leading Health System Partners, will Enable Care Teams to Empower Patients with a More Personalized Remote-Care Experience
HealthSnap, a Miami-based virtual care management platform for chronic disease management, today announced a new round of financing totaling $9 million. The round was led by Asclepius Growth Capital, an SPV founded by David Jahns, a managing director of Galen Partners, and Steve Cashman, CEO at Caption Health and former CCO at InTouch Health, as well as new strategic investments from current business partners UnityPoint Health and Tampa General H...
Source: EMR and HIPAA - June 2, 2023 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Asclepius Growth Capital Caption Health CCM Chronic Disease Management David Jahns Florida Funders Galen Partners Health IT Funding Health IT Fundings Health IT Investment HealthSnap InTouch Health Source Type: blogs
A Data Network to Tackle Real-Time Eligibility and Claims Along with Many Other Health Data Problems
Two of the biggest billing problems in U.S. healthcare involve coverage, eligibility and claims. First of all, will the insurer pay for the treatment the doctor requests? Second, how much is covered and how much does the patient have to pay out-of-pocket?
Avaneer Health, a company created by a consortium of major payers and health care providers, is trying to solve these problems and other administrative inefficiencies once and for all. Moreover, the network and platform they have created can solve many of the data sharing issues in healthcare because you connect once to the network and you’re plugged in to the entire ne...
Source: EMR and HIPAA - June 1, 2023 Category: Information Technology Authors: John Lynn Tags: Analytics/Big Data Health IT Company Healthcare IT Hospital - Health System Interoperability Revenue Cycle Management Avaneer Health Health Data Sharing Healthcare Billing Healthcare Claims Healthcare Eligibility Healthcare IT Video Source Type: blogs
Do You Understand the Quality of Your Data and the Value Clean Data Can Provide?
We live in a messy world (and a biased one), so hardly any organization can claim to have data as accurate as they want. According to Mike Noshay, Founder and Chief Strategy and Marketing Officer at Verinovum, provenance is “supreme.” In other words, the way to good data is to know how it was collected, who collected it, when events happened and were recorded, and so on.
Health care organizations need to know their data, but they also need to know their objectives. The types and amount of data cleansing they need depends on how they’ll use the data: to track high-risk patients, measure quality, etc.
Nosha...
Source: EMR and HIPAA - June 1, 2023 Category: Information Technology Authors: John Lynn Tags: Analytics/Big Data C-Suite Leadership Health IT Company Healthcare IT Hospital - Health System Interoperability Health Data Health Data Costs Health Data Quality Healthcare IT Video Interviews Healthcare Scene Featured HIMSS HIMSS Source Type: blogs
Healthcare Cybersecurity Is Difficult to Maintain, How a Security Operations Center Can Help
Conclusion
Healthcare has topped the list of most breached industries for the past 12 years — a dubious distinction. While hospitals and health systems are taking cybersecurity more seriously, the type of breaches and their severity continue to increase, as evidenced by the large rise in hacking incidents.
An in-house or outsourced security operations center can help level the playing field for hospitals through a total environment approach designed to detect and remediate threats before they cause hospital systems to crash and patient care to be impacted. (Source: EMR and HIPAA)
Source: EMR and HIPAA - June 1, 2023 Category: Information Technology Authors: Guest Author Tags: Ambulatory C-Suite Leadership Health IT Company Healthcare IT Hospital - Health System IT Infrastructure and Dev Ops LTPAC Security and Privacy Cybersecurity Dark Web Monitoring DNS Domain Name System Event 4104 Extended Detectio Source Type: blogs
Reveleer Announces Acquisition of MDPortals to Enhance its Comprehensive Risk Adjustment Technology with Real-Time Access to Clinical and Claims Data
Strengthened Capabilities Allow Payers and Providers to Gain a Holistic View of Member Health at the Point of Care
Reveleer, a healthcare technology company using natural language processing (NLP) and artificial intelligence (AI) to empower data-driven healthcare for health plans and risk-bearing providers, announced today it acquired MDPortals, a best-in-class prospective risk adjustment platform. This acquisition augments Reveleer’s retrospective and prospective risk adjustment solution by allowing payers and risk-bearing providers to close care gaps at the point of care while also accurately and efficiently reflec...
Source: EMR and HIPAA - June 1, 2023 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT AI Clinical Data Clinical Encounter Data Data Driven Healthcare EHR Health IT Acquisitions Health Plans Healthcare M&A HIE Holistic Care Jay Ackerman MDPortals Natural Language Processing NLP Source Type: blogs
Why Trustworthy AI is Key to Preventing the Erosion of Trust at Scale
“With Artificial Intelligence we now have the ability to erode trust at scale”
Reggie Townsend, Vice President of Data Ethics at SAS made that statement to a room full of clients, data analysts, AI experts, and media at the SAS Innovate conference. That attention-grabbing line was Townsend’s opening to an engaging keynote on the need for “Trustworthy AI” and thoughtful incorporation of ethics into the AI conversation.
Healthcare IT Today had the opportunity to sit down one-on-one with Townsend to learn how SAS is infusing ethics and trustworthiness into their operations. We also wanted to hear more about the comp...
Source: EMR and HIPAA - May 31, 2023 Category: Information Technology Authors: Colin Hung Tags: AI/Machine Learning Analytics/Big Data Health IT Company Healthcare IT Hospital - Health System elft University of Technology Erasmus MC Erasmus University Medical Center Health Equity Healthcare AI Healthcare AI Ethics Reggie Townse Source Type: blogs
Healthcare Has A Data Resolution Problem
According to Charlie Harp, CEO of Clinical Architecture, even if we solve the interoperability challenge in healthcare, we will still have to work to refine the data to make it useful. The quality of that data needs to be improved and the resolution of the picture it paints of a patient needs to increase. The latter is a hidden challenge that healthcare organizations are not paying enough attention to.
Healthcare IT Today sat down with Charlie Harp at HIMSS23 to unpack healthcare’s data resolution challenge.
Data Resolution
“The picture of a patient that we can create with the data we have today is low resolution,” e...
Source: EMR and HIPAA - May 31, 2023 Category: Information Technology Authors: Colin Hung Tags: AI/Machine Learning Analytics/Big Data Health IT Company Healthcare IT Hospital - Health System Interoperability Charlie Harp Clinical Architecture data analytics Data Quality data resolution Digital Twin Health Data Interoperabili Source Type: blogs
ChatGPT Misses the Mark in Healthcare – What It Needs to Succeed
The following is a guest article by Michael Blum, MD, Cardiologist, Co-founder and CEO at BeeKeeperAI and Former Chief Medical Information Officer at UCSF Medical Center
The advent of OpenAI’s ChatGPT3 (GPT3) Artificial Intelligence (AI)-powered chatbot sparked an unprecedented societal appreciation for the power of AI. While AI has been broadly deployed across industries for a decade, it remained mostly hidden from the typical user. The release of GPT3 in late 2022 changed all of that.
Suddenly, a user with minimal computer literacy and no programming or data science training whatsoever could ask an AI-based applicati...
Source: EMR and HIPAA - May 31, 2023 Category: Information Technology Authors: Guest Author Tags: AI/Machine Learning Analytics/Big Data C-Suite Leadership Clinical Health IT Company Healthcare IT Hospital - Health System Security and Privacy AI Hallucination BeeKeeperAI Chatbots ChatGPT ChatGPT4 Cyber Risks Generative AI Source Type: blogs
Featured Health IT Job: Director, Application Development and Integrations
We like to regularly feature a healthcare IT job that might be of interest to readers. Today, we’re featuring the Director, Application Development and Integrations position that was recently posted on Healthcare IT Central. This position was posted by New York eHealth Collaborative and is in Manhattan, New York.
Here’s a description of the position:
New York eHealth Collaborative (NYeC) is a not-for-profit organization working in partnership with the New York State Department of Health to improve healthcare by collaboratively leading, connecting, and integrating health information exchange across the State.
...
Source: EMR and HIPAA - May 31, 2023 Category: Information Technology Authors: Health IT Jobs Tags: Career and Jobs Healthcare IT Application Development and Integrations Director Jobs Health IT Jobs Healthcare IT Jobs Job Seekers New York eHealth Collaborative New York Health IT Jobs NYeC Source Type: blogs
