Shares of healthcare commercial data and analytics vendor Definitive Healthcare open at 38% above its IPO price on Wednesday and close for the day up 59%, valuing the company at $4 billion. DH shares rose another 9% Thursday.
October 6 (Wednesday) 2 ET. “Solving Patient Experience Challenges Through a Strong Digital Front Door.” Sponsor: Avtex. Presenters: Mike Pietig, VP of healthcare experience, Avtex; Jamey Shiels, MBA, VP of consumer experience, Advocate Aurora Health; Chad Thorpe, care ambassador, DispatchHealth. Patients expect healthcare providers to offer them the same digital experience they get when banking, shopping, and traveling. This webinar will describe how two leading healthcare providers created digital front doors that exceed patient expectations, improve patient outcomes, drive loyalty and acquisition, and future-proof their growth strategies in competitive markets.
October 6 (Wednesday) 1 ET. “A New, Streamlined Approach to Documentation and Problem List Management in Cerner Millennium.” Sponsor: Intelligent Medical Objects. Presenters: Deepak Pillai, MD, physician informaticist, IMO; David Arco, product manager, IMO; Nicole Douglas, senior product marketing manager, IMO. The IMO Core CSmart app, which is available for Cerner Millennium in the Cerner code App Gallery, helps providers document with specificity, make problem lists more meaningful, and improve HCC coding. This webinar will review the challenges and bottlenecks of clinical documentation and problem list management and discuss how streamlined workflows within Cerner Millennium can help reduce clinician HIT burden.
Acquisitions, Funding, Business, and Stock
Health system digital marketing and CRM vendor Cured raises $10 million in a Series A funding round. The company’s founding team members all spent time at Epic.
Biopharma solutions vendor Syneos Health acquires StudyKIK, which offers tech-enabled clinical trials recruitment and operation tools.
Healthcare data exchange technology vendor Commure has reportedly raised $500 million in funding through a Series D round, valuing the company at $3.5 billion.
- Gloucestershire Hospitals NHS Foundation Trust selects Hyland Healthcare’s OnBase content services platform.
Healthcare benefits navigation and care coordination platform vendor Quantum Health hires Zane Burke (Livongo) as CEO and board member.
Peter Embí, MD, MS (Regenstrief Institute) joins Vanderbilt University Medical Center as chair of its biomedical informatics department. He will also hold the title of senior VP for research and innovation.
AdaptX hires Lisa Counsell, RN (Imprivata) as chief commercial officer.
Announcements and Implementations
Intermountain Healthcare and SCL Health sign a letter of intent to merge into a 33-hospital, $14 billion system.
Penn Presbyterian Medical Center goes live on the PCare Ambulatory digital health and patient engagement system that was jointly developed by PCare and Quil. The system suggests next best action with personalized videos, articles, check-ins, and reminders for therapy, also supporting the participation of family and friends.
The first hospital goes live on a service from Ob Hospitalist Group and SOC Telemed in which patients receive 24/7 onsite care from OBHG’s physicians and have access to SOC Telemed’s maternal-fetal medicine physicians.
The ProMedica health system launches its Healthcare Redefined Initiative, which includes social determinants of health, senior care, programs specific to its individual markets, and an innovation program.
Government and Politics
The Federal Trade Commission issues a notification that health app vendors must notify consumers if their health information is exposed. FTC, clarifying its Breach Notification Rule, says companies that aren’t covered entities under HIPAA are still accountable when sensitive health information is exposed. It also notes that sharing covered information without the individual’s permission constitutes a breach. FTC says the apps that are mostly likely to be affected by the update are those that track diseases, diagnoses, treatment, medications, fitness, fertility, sleep, mental health, and diet.
The Department of Justice files a fraud complaint against a New York health insurance plan and its analytics company for overcharging Medicare Advantage. The now-closed data mining company DxID, owned by Independent Health Association of Buffalo, analyzed electronic medical records to find missed diagnoses to boost the insurer’s risk score. Another health plan that hired DxID to increase revenue billed $30 million new claims, many of which were not valid or supported by the medical record, such as depression and renal failure. The company pitched its services by requiring no upfront payments and instead taking 20% of paid claims worth tens of millions of dollars, which the whistleblower’s lawsuit described as “trolling patient medical records to gin up, in many cases, new diagnoses exclusively from information derived from impermissible sources.” Independent Health closed the company in June 2021.
A 55-year old Louisiana doctor who has claimed to have been a hired assassin and Medellin Cartel leader at 16 is charged with writing opioid prescriptions totaling 1 million doses for cash, resulting in $5 million in fraudulent insurance billings. Adrian Talbot, MD, JD operated a clinic but didn’t work there because he had a full-time VA job, so he left pre-filled, pre-signed prescriptions for employees to sell without examining the recipient. He self-published a bizarre book a few months back in which he says he’s working on a cure for Alzheimer’s.
FDA reorganizes its IT functions into the Office of Digital Transformation, with newly promoted Vid Desai serving as CEO with a budget of $750 million and staff of 2,500.
FDA meets this week to decide whether to approve the use of COVID-19 booster doses even as two of its top vaccine officials join a group of global scientists who say in a Lancet article that boosters aren’t needed. FDA is also facing pressure to approve doses for children.
The US hits a grim milestone as one of every 500 residents has died of COVID-19.
A KHN review finds that 26 states have permanently curtailed public health authority since the pandemic began. The most common actions were to prohibit mandate masks or quarantines and to ban COVID-19 vaccine mandates or proof of vaccination.
The New York Times finds that India’s government forced its scientists to downplay the possibility of a COVID-19 outbreak that eventually killed hundreds of thousands of people, suppressing and even falsifying data to support the re-election of Prime Minister Narendra Modi. A scientist who was reprimanded for his less-rosy predictions says, “Science is being used as a political weapon to forward the government narrative rather than help people.” A recent study estimates India’s COVID-deaths at 3 million, 10 times the official government number.
Idaho, which has one of the lowest rates for COVID-19 vaccination, implements Crisis Standards of Care statewide as hospitals are overwhelmed with COVID-19 patients.
Financial Times reports that Houston Methodist hospitals are using Alexa-type voice assistant commands from Amazon Web Services in a prototype OR of the future. The system announces steps that need to be completed and records the results in the EHR. It also records audio of the procedure, with the patient’s permission, that it analyzes to present treatment options.
Vanderbilt Clinical Informatics Center and its director Adam Wright, PhD publish an annual report covering its first year. A key project was its burnout reduction project Clickbusters, which evaluates Epic Best Practice Advisories to remove those that clinicians find unhelpful.
- LexisNexis human resources employees volunteer with Trees Atlanta.
- First Databank publishes research led by two of their pharmacists that further refutes the concept of iodine allergies.
- Gyant publishes a new case study, “Christus Health Launched Virtual Assistant Supporting Vaccinations Across Four States.”
- Health Data Movers names Marissa Lewis (Invo HealthCare) and Peter Squire (Centauri Health Solutions) account managers.
- Healthcare Growth Partners advises Symplr in its acquisition of Halo Health.
- InterSystems will exhibit at the Hack MIT event September 18-19 in Cambridge, MA.
- Jvion drives adoption of prescriptive intelligence and clinical intelligence with peer-reviewed results, platform integrations, and SDOH solutions.
- HIMSS’21: Moving Care Home: 5 Takeaways for Success (Dina)
- How Proposed 2021 HIPAA Changes Will Affect Your Healthcare IT (Fortified Health Security)
- Vaccine Hesitancy: Understanding Fears and Addressing Barriers to Access (GetWellNetwork)
- Ensuring Implementation Success with Proven Best Practices (Halo Health)
- World Patient Safety Day 2021 Focuses on Safer Childbirth (Health Catalyst)
- Lessons Learned from a Fully Remote Services Model (Capsule)
- Taming the data tsunami: Leverage the clinical terminology for high-value use cases (Wolters Kluwer Health)
- Microsoft Power Apps breach exposes third party security vulnerabilities (Imprivata)
- Optimum Healthcare IT Achieves Premier Status in ServiceNow Partner Program (Optimum Healthcare IT)
- The clinical terminology behind the health IT curtain (Intelligent Medical Objects)
- 7 Things to Look for When Rethinking Patient Engagement (Lumeon)
- Top 10 Features to Look for in an Enterprise Imaging Solution (Mach7 Technologies)
- Impact Advisors Ranked No. 3 on Consulting Magazine’s Best Large Firms to Work For List (Impact Advisors)
- How Medhost’s Cardiac Risk Prediction Successfully Leveraged AWS Analytics Services (Medhost)
- How a modern EHR will help The Aga Khan University Hospitals improve care throughout the developing world (Meditech)
- Why Healthcare Can No Longer Ignore Identity Theft (NextGate)