Netsmart Advances Substance Use Disorder Solution Offerings Through Acquisition of Netalytics
Netsmart today announced the acquisition of Netalytics, a South Carolina-based addiction treatment software and practice management company, dedicated to developing technology for substance use disorder (SUD) providers focused on opioid addiction treatment. This acquisition will further extend the Netsmart CareFabric platform by enabling interoperable data sharing between opioid treatment program (OTP) facilities and the providers that treat and coordinate other types of care for individuals with SUD.
“Now more than ever it is critical to integrate Netalytics clients’ SUD treatment and recovery facilities and their i...
Source: EMR and HIPAA - October 20, 2023 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Health IT Acquisitions Healthcare M&A Houlihan Lokey Mark Essex Mike Valentine Netalytics Netsmart Netsmart CareFabric Source Type: blogs
Too big to fail: health care ’ s moral quandary
This could be the mythical and mystical tale of organized health care. Humans and their systems may become organized to evolve as large and stable entities, as disorganized ones may never grow large and may remain perpetually unstable, risking disintegration. However, once they reach the status of being “too big to fail” and become self-aware
Read more…
Too big to fail: health care’s moral quandary originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - October 16, 2023 Category: General Medicine Authors: Deepak Gupta, MD Tags: Physician Practice Management Source Type: blogs
What are the Cost Implications of Implementing Cloud Technology in Healthcare?
We have talked about implementing cloud technology in healthcare a lot, but there are still a lot of gray areas, such as the cost implications. Will it increase or reduce healthcare costs? More importantly, if we are looking to switch from the traditional on-premises infrastructure, how do the costs compare? Both in where we are today and in the long run?
In search of some answers to these questions, we reached out to our incredibly talented Healthcare IT Today Community. The following are their thoughts on this pressing topic.
Zach Evans, Chief Technology Officer at XSOLIS
The largest change for organizations implementing...
Source: EMR and HIPAA - October 6, 2023 Category: Information Technology Authors: Grayson Miller Tags: Ambulatory C-Suite Leadership Health IT Company Healthcare IT Hospital - Health System IT Infrastructure and Dev Ops LTPAC Security and Privacy 4medica Annmarie Ison AT&T Cybersecurity Charlie Clarke Chris Lance Cloud Cloud in Source Type: blogs
A Prescription-Strength Formula for Stronger Cybersecurity in Healthcare Organizations
The following is a guest article by Steven Stone, Head of Rubrik Zero Labs at Rubrik
In early August, a ransomware attack disrupted operations across its network of 17 hospitals and more than 165 clinics in four states and forced some to rely on paper records. Some emergency rooms were shut down and ambulances diverted after the company took its computer systems offline to protect and restore them.
Again. Here we go again. This is what most of us thought when we read this story. Cyberattacks on healthcare institutions are not only particularly galling, they’re growing. Healthcare organizations were hit with 1,426 attacks...
Source: EMR and HIPAA - September 15, 2023 Category: Information Technology Authors: Guest Author Tags: Ambulatory Health IT Company Healthcare IT Hospital - Health System LTPAC Security and Privacy American Hospital Association Cyberattacks Cybersecurity Cybersecurity and Infrastructure Security Agency Healthcare Cybersecurity Healthc Source Type: blogs
NextGen Healthcare Enters into Definitive Agreement to Be Acquired by Thoma Bravo
NextGen Healthcare Shareholders to Receive $23.95 Per Share in Cash, a 46.4% Premium to Unaffected Stock Price
Transaction to Accelerate NextGen Healthcare’s Growth and Innovation as the Trusted Advisor to Healthcare Providers
NextGen Healthcare, Inc., a leading provider of innovative, cloud-based healthcare technology solutions, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm. Upon completion of the transaction, NextGen Healthcare will become a privately held company.
Under the terms of the agreement, NextGen Healthcare shareholders will...
Source: EMR and HIPAA - September 12, 2023 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT A.J. Rohde David Sides Goodwin Procter LLP Health IT Acquisitions Healthcare M&A Jeffrey H. Margolis Latham & Watkins LLP Morgan Stanley & Co. LLC NextGen Healthcare Peter Hernandez Thoma Bravo Wil Source Type: blogs
Emerging Technologies in Healthcare IT and Their Regulatory Considerations
Everybody loves to get and play with new toys. When we were children the toys were things like Barbies or Play-Doh. Now the toys we’re excited to get and play with are the emerging technologies in healthcare like AI or IoT devices. The big difference though is we can’t take these toys out and play with them with abandon like we did with the Play-Doh. While new and exciting, there are serious consequences to think about and regulations that need to be put in place and that will be put in place.
To talk more about the regulatory considerations for implementing these emerging technologies, we reached out to our in...
Source: EMR and HIPAA - September 7, 2023 Category: Information Technology Authors: Grayson Miller Tags: AI/Machine Learning C-Suite Leadership Health IT Company Healthcare IT Hospital - Health System Regulations Authenticx Blockchain Brian Fugere Brian Hanley Calum Yacoubian Colin Banas MD Dave Bennett Dr Adrienne Boissy DrFirst Source Type: blogs
Experity Acquires OnePACS, the Leader in Teleradiology PACS
Acquisition Further Strengthens Experity’s Position as the Leading Urgent Care Teleradiology Provider
Experity, the national leader in on-demand healthcare solutions, has acquired OnePACS, a SaaS PACS (Picture Archiving and Communication Systems) platform purpose-built for teleradiology.
OnePACS is the only PACS platform to offer a fully location-agnostic, distributed multi-user, cloud-based PACS with a cloud-based modality worklist and its own automated structured reporting solution with both native OnePACS and third-party voice recognition integration. With the addition of OnePACS, the leading teleradiology PACS platfo...
Source: EMR and HIPAA - September 1, 2023 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Dr. David Stern Experity Experity Teleradiology Health IT Acquisitions Healthcare M&A OnePACS Radiology Tech Teleradiology PACS Thomas Bryce MD PhD Source Type: blogs
Bonus Features – August 13, 2023 – 75% of executives thing generative AI has reached the point where it will reshape healthcare, 64% of patients would trust AI over a doctor to make a diagnosis, 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
The Drug Enforcement Administration will hold listening sessions Sept. 12 and 13 to discuss allowing a “special registration” to allow physicians to remotely prescribe certain controlled substances without the ...
Source: EMR and HIPAA - August 13, 2023 Category: Information Technology Authors: Brian Eastwood Tags: Healthcare IT American Telemedicine Association Ana Sirbu AssureCare ATA ATA Nexus Azure Bain CitiusTech DEA DrFirst eClinicalWorks eCW Epic Generative AI Healthcare Generative AI Healthcare IT Today Bonus Features health Source Type: blogs
Weekly Roundup – August 12, 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.
Achieving Interoperability One Practical Byte at a Time. Upstate New York’s Rochester Regional Health began its interoperability journey with lab data, Colin Hung learned, as there was a clear need to bring in lab test results from many external sources to help care teams make better clinical decisions and improve outcomes. Read more…
Surescr...
Source: EMR and HIPAA - August 12, 2023 Category: Information Technology Authors: Brian Eastwood Tags: Healthcare IT Healthcare IT Today Weekly Roundup Source Type: blogs
Ventra Health Expands Services Through ArcMed Acquisition
Transforming Service Delivery to Enable Further Investments in Client Engagement
Ventra Health, the leading business solutions provider for hospital-based clinicians, announced today the acquisition of ArcMed, an India-based billing and automation services organization. This acquisition will strengthen Ventra Health’s service performance and quality, optimize operational efficiencies, and provide added scale for automation and growth.
“Based on client feedback, we are transforming our client success and service delivery approach and moving several non-client-facing functions to a more cost-effective model,” said Vent...
Source: EMR and HIPAA - August 11, 2023 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT ArcMed Health IT Acquisitions Healthcare M&A Maya Mohan Steven Huddleston Ventra Health Source Type: blogs
TPG to Acquire Leading Specialty Healthcare IT Platform Nextech
TPG, a global alternative asset management firm, announced today that it has signed a definitive agreement to acquire Nextech, a leading provider of clinical and administrative healthcare technology solutions for specialty physician practices, from Thomas H. Lee Partners (THL) for $1.4 billion. TPG is investing in Nextech through TPG Capital, its U.S. and European late-stage private equity platform.
“Nextech’s goal is to simplify the healthcare experience so physicians can focus on what matters most: their patients,” said Bill Lucchini, CEO at Nextech. “In TPG, we have found a partner who supports our mission to si...
Source: EMR and HIPAA - August 8, 2023 Category: Information Technology Authors: Healthcare IT News Tags: EMR-EHR Health IT Company Healthcare IT Art Heidrich Bill Lucchini ClaimsXten Ganesh Rao Guggenheim Securities LLC Health IT Acquisitions Healthcare M&A IQVIA Katherine Wood Kirkland & Ellis Lyric Mark Bean Nextech Raymond Source Type: blogs
Weekly Roundup – July 29, 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.
How the IoMT Helps Data Reach Its Full Potential. We asked members of the Healthcare IT Community to share their thoughts on the growing role of the Internet of Medical Things in managing healthcare data. We heard about the benefits of access to real-time data, the importance of data standards, and the need for mature data analysis and data management in...
Source: EMR and HIPAA - July 29, 2023 Category: Information Technology Authors: Brian Eastwood Tags: Health IT Company Healthcare IT Healthcare IT Today Weekly Roundup Source Type: blogs
CloudMD Divests Non-Core U.S. Electronic Medical Records and Practice Management Business
CloudMD Software & Services Inc. (CloudMD), an innovative health services company transforming the delivery of care, today announced that it has closed the sale of its U.S.-based Electronic Medical Records (EMR), Practice Management (PM), and Revenue Cycle Management (RCM) assets for approximately US$6.3 million. The sale was pursuant to a definitive agreement with a subsidiary of N. Harris Computer Corporation (Harris) and follows the sale of CloudMD’s Canadian EMR business in October 2022.
Karen Adams, CEO at CloudMD, commented, “We continue to successfully execute our strategy of focusing on our higher growth an...
Source: EMR and HIPAA - July 25, 2023 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Cassels Brock & Blackwell LLP CloudMD CloudMD Software & Services Inc. EMR Harris Health IT Acquisitions Healthcare M&A INFOR Financial Inc. Karen Adams N. Harris Computer Corporation Source Type: blogs
RCM: Fixing the Old and Adjusting to the New
Revenue Cycle Management (RCM) is like a one of those huge Lego sculptures. From the outside it looks one thing, but upon further inspection there are a million tiny little pieces that fit together to create the whole. Having a well executed RCM strategy is crucial to keep your organization running because it impacts everything. When things are simple and easy to pay for, patients are happy, the staff is happy, and you are most definitely happy. But if any part is misaligned, the whole sculpture can be disformed or even fall apart. So how do we improve? How do we make our sculpture be more realistic? The key lies in optimi...
Source: EMR and HIPAA - June 29, 2023 Category: Information Technology Authors: Grayson Miller Tags: Administration Ambulatory C-Suite Leadership Health IT Company Healthcare IT Hospital - Health System Regulations Revenue Cycle Management Amy Brown AristaMD Authenticx Branden Barkema Brooke LeVasseur Clara Lambert Clarissa Ri Source Type: blogs
Healthcare Innovation Funding – Current Factors to be Aware of and Navigating Long Buying Cycles
You’ve finally done it! You spent what’s felt like several lifetimes working on your innovative product and poured your blood sweat and tears into this, but you did it. You’ve just completed all of the designs and plans for your new startup or a new product. Unfortunately, that’s not the end. Now it’s time to figure out how to not only get others on board with your vision, but to fund the rest of the marketing, sales, and support effort as well.
But don’t get too stressed out! We are here to help you. There are two important things to keep in mind when working to acquire funding: (1) wha...
Source: EMR and HIPAA - June 6, 2023 Category: Information Technology Authors: John Lynn Tags: C-Suite Leadership Health IT Company Healthcare IT Alex Rothberg Dan Martin Debiopharm Dr Michael Rivers Eric Demers Frederico Ferreira Braga Graham Gardner GSR Ventures Health2047 Healthcare Innovation Funding Healthcare Startup Source Type: blogs
