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Monday Morning Update 9/23/24

September 22, 2024 News 3 Comments

Top News

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Drugmaker Eli Lilly sends letters to people who have taken compounding pharmacy versions of its Zepbound and Mounjaro weight loss drugs. It asks the patients to authorize release of their medical records to the company so it can “obtain more details from the treating physician around your experience.”

The company did not say how it obtained the patient names and contact information.

Lilly CEO Dave Ricks said in an interview, “We’re going after this with our legal tools. We send letters to people and threaten them. We can challenge the physicians who are doing the prescribing.”

Bankers say that compounding pharmacies have sold up to $1 billion of GLP-1 drugs, which they can legally make and sell as long as the brand name drugs remain under an FDA-declared shortage.

I must have been subconsciously considering the source of the letter when I misread “patient safety” as “patent safety.”


Reader Comments

From Long-Time Reader: “Re: companies to consider. I’m a mid-career sales health IT lifer, with experience in both large and niche vendors as a generalist and with clinical applications. I’m looking for a new sales position. What companies have you seen that are solving important problems, have differentiated themselves, and can execute?” I will seek the counsel of readers who have a better viewpoint than I. Can you help me respond with what companies this person — who has an extensive track record as a C-level sales exec – might want to have on their radar? A short reply with just a company name is fine, or you can add some color to explain why. I will send Long-Time Reader a summary of de-identified responses so that everybody stays anonymous. Thanks for your help. If I get enough interesting responses, I may list the companies here for everybody’s benefit, even those who aren’t job hunting. UPDATE: I started receiving great responses from star-level readers within 10 minutes of posting this and I really appreciate that.


HIStalk Announcements and Requests

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I guess we should be pleased that just 6% of poll respondents were asked by a provider to bring in their paper medical records.

New poll to your right or here, as suggested by a reader who was interested in the rather depressing Commonwealth Fund report: Which action would be most effective in improving the health and welfare of US citizens?

I took some heat for writing this in mid-2022 in response to a reader said that remote work in healthcare gave employees power and would remain the standard, but I think it mostly played out as I predicted now that Amazon is ending remote work:

I think that moment was fleeting. Economic and industry conditions have put bosses back in charge and they know that they need to manage costs while fretting less that their employees might flee to greener pastures. I never understood the “great resignation,” assuming (perhaps naively) that the same number of people still need to work and the total number of available jobs hasn’t changed much even though job mix has shifted. Some jobs can be performed remotely (and always could have been), but work-from-home was, like telemedicine, a temporary compromise whose adoption will settle at numbers higher than pre-pandemic but much lower than in 2020-21. I bet many executives agree with me that you can’t build and maintain a great company when employees are doing task work in their living rooms and communicating via Slack and Zoom while missing face-to-face meetings, chance encounters, personal relationships, and exposure to broader company work. I expect companies to compromise by offering a hybrid model of 1-2 offsite work days per week or maybe going with a permanent four-day workweek, which adds flexibility and reduces commute headaches but without conferring geographic freedom. Employee threats to sell their services elsewhere if they are required to show up at the office are ringing pretty hollow now versus a year ago.


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Attention HIStalk sponsors that will participate in the HLTH 2024 event next month: send me your details to be included in my online guide, which will go up the week before the conference.


Webinars

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


Acquisitions, Funding, Business, and Stock

Ferrum Health, which offers a secure platform for health systems to deploy AI, raises $16 million in a Series A funding round.

CorroHealth — the parent brand of TrustHCS, T-System, RevCycle+, Visionary RCM, and Versalus Health — closes its acquisition of Navient’s Xtend RCM business.

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Healthcare AI call agent developer Hippocratic AI adds $17 million to its Series A funding round, increasing its total raised to $137 million.


Sales

  • Logan Health (MT) will implement Oracle Health , replacing Meditech, following its merger with Oracle Health customer Billings Clinic in September 2023.

People

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Industry long-timer Mark Crockett, MD (TeleDaas) joins Phigenics as CEO.


Announcements and Implementations

Sentara will buy 6,000 smartphones to replace basic phones, pagers, and computer carts with Epic-connected devices.


Government and Politics

The Indian Health System will go live on Oracle Health’s EHR at three Oklahoma pilot sites in 2025.

Pieces Technology says that Texas Attorney General Ken Paxton misrepresented the nature of the company’s settlement of deceptive claims charges that were related to its AI-powered products. The company says that the AG’s press release about the agreement it signed us a “disappointing and damaging misrepresentation of this agreement” that includes these errors:

  • It does not mention that the settlement does not include any financial terms or penalty payments.
  • The agreement raises no issues related to the safety of the company’s products and does not suggest that the public interest has ever been at risk.
  • Pieces agreed to report its hallucination rates via and independently developed risk classification system given that no standard classification system is available for clinical summarization.
  • The company will avoid making misleading claims and will give customers more information about the model’s training, its intended use, and areas where the provider might create patient risk by misusing it.

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FDA issues the final version of its recommendations to drug companies that plan to submit EHR and claims data related to a drug’s safety or effectiveness.


Privacy and Security

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A new Federal Trade Commission report addresses the “vast surveillance” of social media users by nine companies, including Meta, YouTube, and TikTok. It specifically calls out the sharing of tracking pixels among health-related apps and social media platforms for ad targeting.


Other

A study finds that malicious actors can use AI to generate deceptive medical texts that earn higher ranking in biomedical knowledge graphs (medical KG), which summarize the medical literature and are used by downstream applications. The human-undetectable papers “poisoned” the medical KGs by suggesting that a promoted drug has a stronger connection to a particular targeted disease, which sounds a lot like SEO and other Google-fooling word tricks.

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Medical professor and immunologist Derya Unutmaz, MD reports on X how he used OpenAI’s new Strawberry (the ChatGPT o1 preview) to develop a cancer treatment project. He predicts that only the top 10-20% most skilled and dedicated physicians will continue to hold fulfilling jobs as AI limits the number needed, especially in diagnostics and routine treatments, and says it is becoming unethical to not consult AI in medical practice given the 12 million people who are misdiagnosed in the US each year.

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In Australia, a coroner rules that a hospital’s electronic charting process contributed to the death of a Canberra Hospital inpatient from liver failure that was caused by an acetaminophen overdose. The attending doctor reduced the ordered amount of 1,000 mg IV four times per day to 600 mg on a paper chart, but another doctor who transcribed the order into the EHR re-entered the original dose.


Sponsor Updates

  • Nordic releases a new “Designing for Health” podcast, “Interview with Joel Klein, MD.”
  • QGenda and RLDatix will exhibit at NAMSS 2024 September 29-October 2 in Denver.
  • SnapCare co-founder and COO Jeff Richards joins the Lewis College Advisory Board.
  • Verato will present at Reuter’s Total Health Conference October 8-9 in Chicago.
  • Waystar will exhibit at the HFMA Region 6 Conference September 25-27 in Columbus, OH.

Blog Posts


Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Contact us.

News 9/20/24

September 19, 2024 News 4 Comments

Top News

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Care enablement vendor Fabric acquires TeamHealth’s 50-state virtual care service.

Fabric’s other three acquisitions in the past 18 months include Walmart-owned virtual care provider MeMD, conversational AI solution vendor Gyant, and asynchronous virtual care solution vendor Zipnosis.


Reader Comments

From Another Oracle Bytes the Dust: “Re: Inspira Health. Dropping Oracle Health in favor of Epic. Announcement called out attrition rate post-Cerner-acquisition as one of the reasons.” Unverified since they haven’t posted Epic jobs and aren’t yet listed on UserWeb. 


HIStalk Announcements and Requests

Mrs. H had a miserable (and ultimately final) experience with Walgreens this week. They were out of her thyroid med, they capitulated after she pressed them by telling her that they had arranged for her to pick up an emergency supply at another Walgreens the next day, and of course it wasn’t ready when she got there and the pharmacy people were equally balanced between cluelessness and indifference in telling her to sit there for an hour while they tried to figure it out. She called a mom-and-pop independent pharmacy whose folks were friendly, efficient, and on the ball as far as getting the prescription transferred and her insurance set up nearly instantly. My direct primary care doctor emailed all of her patients that Walgreens and CVS regularly tell patients that she didn’t send the prescription even though she has the electronic receipt proving that they received it up to half a dozen times. I’m not shocked that shares of these two chains have tanked. Independent pharmacies need to tell their story better. In fact, independent everything in healthcare needs to tell their story better.


Webinars

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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Analytics platform vendor MedeAnalytics acquires healthcare procurement marketplace company SubPop Health.

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Healthcare governance, risk, and compliance solutions company RLDatix acquires SocialClimb, which specializes in provider reputation management and patient satisfaction data.

Reuters reports that providers who temporarily signed contracts with Waystar, Availity, and Inovalon during Change Healthcare’s February downtime are extending their agreements with those smaller competitors, suggesting that providers see the benefit of using multiple claims processing companies to avoid a single point of failure.


People

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Elsevier Health hires Omry Bigger, MBA (LexisNexis) as president of clinical solutions.

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Nias Puthenveettil, MBA, MS (Litmos) joins Azra AI as CTO.


Announcements and Implementations

DirectTrust will deploy public key infrastructure that will support TEFCA Facilitated HL7 FHIR.

A Portland, OR TV station profiles the patient monitoring command center of Oregon Health & Science University, which monitors patients in 61 Oregon hospitals.

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This is a great story. InterSystems founder and owner Phillip “Terry” Ragon and his wife Susan donate $400 million for a “Manhattan Project on HIV” that will fund early-stage HIV vaccine research. The 74-year-old billionaire said in a rare interview that he hoped to become a rock star following his graduation from MIT, and when it became obvious that Cream wouldn’t be calling him to replace Clapton any time soon, he took a job with Meditech even though he knew next to nothing about computers. He learned the MUMPS programming language, left Meditech a year and half later to co-found a MUMPS-based medical billing company, then launched what became InterSystems in 1978. The database company grew slowly in serving its two largest customers the VA and Epic, finally hitting $1 billion in annual revenue in 2023. The Ragons have signed The Giving Pledge to donate the majority of their wealth to charity upon their deaths.  


Government and Politics

Healthcare AI company Pieces Technologies settles State of Texas charges that it deceptively marketed its patient summary products to Texas hospitals by making misleading statements about their accuracy and safety. The company agreed to increase customer transparency about how its data models work, the areas in which they are not as reliable, and how its metric for system hallucinations is determined.

CVS Health-owned primary care clinic operator Oak Street Health will pay $60 million to resolve federal False Claim Act accusations that it paid kickbacks to insurance agents to recruit Medicare Advantage patients.

Veterans will resume paying prescription co-pays at the five VA facilities that are live on Oracle Health / Cerner after a two-year suspension that was implemented due to software problems.


Privacy and Security

Microsoft warns that a ransomware-as-a-service hacker group called Vanilla Tempest is using a new ransomware strain to target the healthcare sector.


Other

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Madison’s weekly paper describes how COVID-19 spurred Epic’s medical research work in offering anonymized health data from participating health system customers. CDC contacted Epic Research to help answer questions about the effectiveness of mpox vaccine, when went from getting the CDC’s call right before Thanksgiving and having a publication-ready manuscript ready by early December.

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A Commonwealth Fund report finds that “the US continues to be in a class by itself in the underperformance of its healthcare sector” that differs from comparable countries in failing to meet basic healthcare needs, including universal coverage, despite the highest level of spending.


Sponsor Updates

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  • Ellkay sponsors the Auxiliary of Emerson Health 25th Annual Golf Tournament in Hudson, MA.
  • Health Data Movers posts a new episode of its “QuickHITs” podcast titled “Transforming Healthcare with Data & AI: A Conversation with Dr. Michael Pfeffer.”
  • Nordic will partner with Microsoft and CHIME to establish the Rural Health IT Community at the CHIME Fall Forum November 6.
  • Consensus Cloud Solutions will offer Olah Healthcare Technology customers its EFAx Corporate cloud fax platform.
  • Findhelp welcomes New Jersey Prevention Network, Fairfax County Government, and Providence Saint Joseph Medical Center (CA) to its network.
  • Inovalon, Surescripts, and Wellsky will exhibit at NACP 2024 October 6-9 in Nashville.
  • Konza National Network will present at the HEDIS & Quality Improvement Summit in Las Vegas September 29-October 1 in Las Vegas.
  • Meditech will exhibit at the TORCH Fall Conference & Trade Show September 23-26 in Round Rock, TX.
  • The WellSky Foundation donates $100,000 each to five non-profits that offer programs in the Kansas City area.

Blog Posts


Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Contact us.

News 9/18/24

September 17, 2024 News 3 Comments

Top News

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Healthcare automation vendor Vyne Medical acquires Extract Systems, which specializes in automated data classification and indexing, extraction, and redaction.

Vyne Medical will integrate the ML/AI capabilities of Extract Systems with its Trace healthcare workflow tool for managing structured and unstructured data.


Reader Comments

From TEFCAadvocate: “Re: at Datapalooza. Lots of talk has been around the need for EHRs to standup and be counted as either in or out. And if out, why? Giants like Epic are leading the way, while others like Cerner remain on the sidelines. Columnist Ken Blackwell said it best on twitter today. ‘What’s your plan @healthcareSeema? Don’t be the biggest single barrier to #TEFCA!’” Ken Blackwell, MEd is a conservative activist who has served as treasurer and secretary of state of Ohio, mayor of Cincinnati, and candidate for state governor.


Webinars

September 19 (Thursday) noon ET. “Improving EHR Speed and Reliability.” Sponsor: Goliath Technologies. Presenters: Jenna Anderson, VP of collaborative insights, KLAS Research; Thomas Charlton, CEO, Goliath Technologies. The presenters will describe the improvement in speed and reliability for clinicians with major EHRs such as Epic, Oracle Health, and Meditech. The actionable data follows up a KLAS Arch Collaborative EHR Experience Survey that notes the prevalence of clinician speed and reliability issues, the frequency and length of poor performance, and the root causes for remediation.

September 19 (Thursday) 1 ET. “Cutting-Edge Conversations: A Fireside Chat With Top CMIOs.” Sponsor: DrFirst. Presenters: Drex DeFord, MSHI, MPA, This Week Health; Lacy Knight, MD, MSMI, Piedmont Health; Jake Lancaster, MD, MSHA, MS, Baptist Memorial Health Care; Colin Banas, MD, MSHA, chief medical officer DrFirst. This fireside chat will distill key points from 15 CMIO participants of the 229 Executive Summit. Topics include the impact of AI on clinical workflows, strategies for optimizing healthcare operations, addressing physician burnout and patient safety, and advances in population health management.

October 3 (Thursday) 1 ET. “Navigating AI-Powered Medical Interpretation: Insights for Health Leaders.” Sponsor: Globo. Presenter: Dipak Patel, CEO, Globo. AI is redefining how providers can communicate with patients who speak limited English. However, not all LLMs are created equal, and their potential and limitations need to be examined further. Globo has published its results from testing several LLMs. This webinar will address the promises and perils of AI-enabled medical interpretation in summarizing that research in four key domains: the process of AI interpretation, how to measure it, the state of AI tools today, and the areas where AI falls short with interpretation.

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


Acquisitions, Funding, Business, and Stock

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Nirvana, a New York City-based startup that provides AI-powered health insurance verification software, raises $24 million.

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Medication management vendor Scriptology acquires RxLive, which offers medication management, virtual care, and analytics. Scriptology launched out of health tech accelerator Redesign Health earlier this year.


Sales

  • Newfoundland and Labrador Health Services in Canada will implement Epic in 2026.
  • Nebraska Medicine will implement Palantir’s AI software for patient flow, nursing allocation, clinical supply management, and revenue cycle optimization.

People

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Courtney Green, MSN, RN (Ultimate Kronos Group) joins QGenda as VP of nurse and staff solutions.

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Aetion names Kevin Riley, MBA (ZyterTruCare) president.

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Color Health names Rebecca Miksad, MD, MMS, MPH (Boston University School of Medicine) chief medical officer.

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Ryan Duffy (Capital Rx) joins RazorMetrics as chief revenue officer.


Announcements and Implementations

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Hackensack Meridian Health (NJ) will launch a digital primary care service this fall using AI medical chat technology from K Health.

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LifeBridge Health (MD) implements Care.ai’s virtual tele-sitting software at its Northwest Hospital and virtual nursing in the progressive care unit at its Sinai Hospital. Care.ai’s acquisition by Stryker closed Tuesday.

DirectTrust launches a cybersecurity workgroup that will address healthcare cybersecurity challenges, shaping accreditation standards, identifying advocacy priorities, and promoting industry-wide best practices through collaboration and advocacy.

Oracle Health releases a free framework that allows VA and community providers to securely share patient health information in support of the Veteran Interoperability Pledge. Signers of the pledge commit to accurately identifying veterans when they seek care in the community, connect them with VA and community resources, and coordinate care for shared patients. Marshfield Clinic Health System is an early adopter.


Government and Politics

PointClickCare asks a federal appeals court to overturn an injunction that is related to the efforts of Real Time Medical Systems to extract analytics data for its skilled nursing clients. RTMS claimed that PCC used CAPTCHA tests to limit its activities with the intention of stifling competition. PCC told the court that it deployed CAPTCHA because RTMS was using bots that slowed down PCC’s system performance, also noting that PCC’s contracts explicitly ban the use of bots.

ASTP / ONC awards $2 million in funding to two projects. Columbia University will study ways to use AI to harness nursing knowledge using data, while Oregon Health & Science University will adapt an open source SMART on FHIR application based on HL7 Multiple Chronic Condition care plan for three behavioral health use cases.


Privacy and Security

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Brunswick Hospital Center, an inpatient psychiatric facility in New York, deals with a ransomware attack by ThreeAM. The group claims to have stolen and leaked 22GB of data.


Other

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Black Book’s latest report reveals trends in hospital outsourcing via group purchasing organizations, with 46% of surveyed stand-alone and independent hospitals likely to consider outsourcing digital platforms that automate procurement and provide real-time analytics.


Sponsor Updates

  • AdvancedMD, Availity, and Inovalon will exhibit at the HBMA 2024 Annual Revenue Cycle Management Fall Conference through September 19 in Austin.
  • Agfa HealthCare will host its North American User Group September 23-35 in Orlando.
  • Capital Rx releases a new episode of The Astonishing Healthcare Podcast, “Pharmacy Benefits 101: Clinical Programs, with Bonnie Hui-Callahan, PharmD.”
  • Clinical Architecture will present at LOINC 2024 September 18 in Washington, DC.
  • CloudWave will sponsor and present at Bluebird Leaders S.O.A.R. 2024 September 18-20 in Atlanta.
  • Inovalon announces that, for the fourth year in row, it has been ranked number one by health plan and payer organizations surveyed by Black Book Research for its robust data integration and predictive analytics.

Blog Posts

Sponsor Spotlight

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Ascom recently launched Telligence 7,  its next-generation nurse call system designed to elevate the clinical workflow experience. Developed for acute care environments, Telligence 7 simplifies technology ownership with seven new features that make it secure, adaptable, and affordable for hospitals. One of the improvements features a no-downtime benefit. Hospital IT administrators can now make configuration changes and push updates without any disruption to clinical delivery. This helps eliminate five to eight minutes of downtime per IP device or unit and encourages delivering improvements to workflows as they’re needed. (Sponsor Spotlight is free for HIStalk Platinum sponsors).


Contacts

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

Get HIStalk updates.

Send news or rumors.

Contact us.

Monday Morning Update 9/16/24

September 15, 2024 News 4 Comments

Top News

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Elevance Health’s Anthem Blue Cross Blue Shield accuses physicians of falsifying patient medical records with the intention of getting the insurer to pay for improper prescribing of the diabetes drug Ozempic for weight loss, a use that is not approved by the FDA.

The insurer is demanding that those prescribers reimburse the company directly and is sending them bills. It warns providers that falsifying medical records or prior authorization requests to obtain insurance payment constitutes fraud.

Anthem notified one physician that he had submitted prior authorization forms for 125 Ozempic prescriptions for 22 patients and asked him to pay the $126,00 that the company had covered for patients. The doctor said that he did not submit any PAs and never claimed that the 22 patients were diabetic – he says he just issued the prescriptions and Anthem paid.

Experts suggest that it is unlikely that doctors can be compelled to pay the insurer since they did not benefit directly from issuing the prescriptions. They also note that providers can legally prescribe a drug for any purpose regardless of FDA’s approval for a given condition, although insurers make their own decisions about coverage.


Reader Comments

From Bigdog: “Re: S&P Consultants. Did they divorce from Nordic?” Nordic acquired the company in December 2021. The LinkedIn of Andrew Splitz says he worked for Nordic / S&P from the acquisition until September 2023, then lists him as S&P’s founder and CEO as of September 2024. Also updating LinkedIn from Nordic to S&P effective this month is newly announced S&P president Zach Johnson. The old website still had Nordic on the logo until that site was inactivated in December 2023.


HIStalk Announcements and Requests

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Poll respondents have seen modest impact on their health and happiness that can be attributed to the IT decisions of their providers and insurers.

New poll to your right or here, because of a comment by Dr. Jayne: In the past two years, have you carried your paper medical records from one provider to another?


Webinars

September 17 (Thursday) noon ET. “Level Up Your Stars – Innovative Approaches to Boosting Quality Performance.” Sponsor: Navina. Presenters: Dana McCalley, MBA, VP of value-based care, Navina; Michael S. Barr, MD, MBA, chief medical officer, PreferCare; Yair Lewis, MD, PhD, chief medical officer, Navina. The presenters will explore strategies to boost quality performance and close care gaps effectively. Topics include enhancing quality metrics, developing strategies for care gap closure, leveraging AI for enhanced performance, and optimizing workflows.

September 19 (Thursday) 1 ET. “Cutting-Edge Conversations: A Fireside Chat With Top CMIOs.” Sponsor: DrFirst. Presenters: Drex DeFord, MSHI, MPA, This Week Health; Lacy Knight, MD, MSMI, Piedmont Health; Jake Lancaster, MD, MSHA, MS, Baptist Memorial Health Care; Colin Banas, MD, MSHA, chief medical officer DrFirst. This fireside chat will distill key points from 15 CMIO participants of the 229 Executive Summit. Topics include the impact of AI on clinical workflows, strategies for optimizing healthcare operations, addressing physician burnout and patient safety, and advances in population health management.

October 3 (Thursday) 1 ET. “Navigating AI-Powered Medical Interpretation: Insights for Health Leaders.” Sponsor: Globo. Presenter: Dipak Patel, CEO, Globo. AI is redefining how providers can communicate with patients who speak limited English. However, not all LLMs are created equal, and their potential and limitations need to be examined further. Globo has published its results from testing several LLMs. This webinar will address the promises and perils of AI-enabled medical interpretation in summarizing that research in four key domains: the process of AI interpretation, how to measure it, the state of AI tools today, and the areas where AI falls short with interpretation.

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


Sales

  • Bergen New Bridge Medical Center chooses NeuroFlow’s tools to identify and prioritize the behavioral health needs of ambulatory care patients. 
  • Curry Health Network (OR) goes live on Epic via the Community Connect model, replacing CPSI Evident Thrive.

People

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Virtual nursing solution provider Collette Health promotes Holly Miller to CEO and hires Leif Cefalo, MBA (TraceLink) as VP of revenue operations and Terri Davis, MA (HealthEC) as VP of marketing.


Announcements and Implementations

UTHealth Houston will collaborate with OpenAI to give students, faculty, and staff access to ChatGPT Education to develop HIPAA-compliant applications.

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A new KLAS report on EHR/PM in practices with 10 or fewer physicians is topped by NextGen Healthcare and Athenahealth, with all other vendors trailing significantly. Elation Health and Epic Community Connect scored well but with limited user feedback. The top add-on solutions clients that sought elsewhere are telehealth, patient engagement, patient intake, RCM, and analytics.


Privacy and Security

Atrium Health notifies patients that an unauthorized third party gained access to multiple employee email accounts in a phishing attack. The health system says that the two-day incident affected only patients and employees whose information was contained in the emails or attachments of the affected accounts.

23andMe will pay $30 million to settle a lawsuit that accused the company of failing to protect the records of 6.9 million of its users whose information was exposed in a 2023 breach.


Sponsor Updates

  • CereCore wins ClearlyRated’s 2024 Best of Staffing Client and Talent 5 Year Diamond Awards for service excellence.
  • Knox Public Health improves revenue with EClinicalWorks EHR and RCM optimization services.
  • Healthcare IT Leaders releases a new podcast, “Focus on Employee Health and Cost Savings at Northwell Direct.”
  • Waystar will exhibit at the HBMA Revenue Cycle Management Fall Conference September 17-19 in Austin.
  • Optimum Healthcare IT launches a data and analytics governance offering and hires Terri Mikol (Clearsense) as principal data governance advisor.

Blog Posts


Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Contact us.

News 9/13/24

September 12, 2024 News 1 Comment

Top News

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Revenue cycle automation vendor Candid Health raises $29 million in a Series B funding round.

Co-founder and CEO Nick Perry, who came from Palantir Technologies, earned an MS in biomedical informatics from Stanford. 


Reader Comments

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From Dr. Lovestrange: “Re: AI. Just came across this resource, which makes me think that we are underestimating the potential problems that are associated with AI.” The MIT-developed AI Risk Repository is a taxonomy of 700 AI risks that were documented in 43 frameworks. My search for “privacy” as a keyword turned up 41 sources.

From Oracle client: “Re: Oracle. While its earnings were higher, the company laid off client account execs on the Oracle Health side, continuing the ongoing gutting of support.” Unverified.

From Boingo: “Re: CVS. They are exiting the HDMS data analytics by the end of 2025, which leaves clients scrambling as they are in the throes of annual benefit planning. The only obvious players they can switch to on short notice are Optum or Truven. Once again, we have a great example of large players who think they can fix healthcare failing miserably.” CVS must have really ruined the business, which dropped into their lap as part of their $70 billion Aetna acquisition in late 2018, if the best option is to shut it down rather than turf it off to private equity.


HIStalk Announcements and Requests

Google released a test version of NotebookLM, a personalized research assistant that is powered by its Gemini 1.5 pro LLM, so of course I had to try it. I sent it a link to Tuesday’s news post and asked it to create what is basically a podcast. Here’s the resulting file, which sounds no less annoying or inexpert than many of the health tech podcasts that have proliferated like loquacious weeds. I need to play with the tool more since it seems to do a lot.


Webinars

September 17 (Thursday) noon ET. “Level Up Your Stars – Innovative Approaches to Boosting Quality Performance.” Sponsor: Navina. Presenters: Dana McCalley, MBA, VP of value-based care, Navina; Michael S. Barr, MD, MBA, chief medical officer, PreferCare; Yair Lewis, MD, PhD, chief medical officer, Navina. The presenters will explore strategies to boost quality performance and close care gaps effectively. Topics include enhancing quality metrics, developing strategies for care gap closure, leveraging AI for enhanced performance, and optimizing workflows.

September 19 (Thursday) 1 ET. “Cutting-Edge Conversations: A Fireside Chat With Top CMIOs.” Sponsor: DrFirst. Presenters: Drex DeFord, MSHI, MPA, This Week Health; Lacy Knight, MD, MSMI, Piedmont Health; Jake Lancaster, MD, MSHA, MS, Baptist Memorial Health Care; Colin Banas, MD, MSHA, chief medical officer DrFirst. This fireside chat will distill key points from 15 CMIO participants of the 229 Executive Summit. Topics include the impact of AI on clinical workflows, strategies for optimizing healthcare operations, addressing physician burnout and patient safety, and advances in population health management.

October 3 (Thursday) 1 ET. “Navigating AI-Powered Medical Interpretation: Insights for Health Leaders.” Sponsor: Globo. Presenter: Dipak Patel, CEO, Globo. AI is redefining how providers can communicate with patients who speak limited English. However, not all LLMs are created equal, and their potential and limitations need to be examined further. Globo has published its results from testing several LLMs. This webinar will address the promises and perils of AI-enabled medical interpretation in summarizing that research in four key domains: the process of AI interpretation, how to measure it, the state of AI tools today, and the areas where AI falls short with interpretation.

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


Acquisitions, Funding, Business, and Stock

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MPulse acquires insurer consumer engagement technology vendor Zipari.


People

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Mount Sinai Health System names Lisa Stump, MS, RPh (Yale New Haven Health) as chief digital information officer and dean for information technology.

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Ambient AI vendor Corti hires Chad Compton, MBA (Microsoft) as chief revenue officer; Frederik Brabant, MD (Microsoft) as chief medical strategy officer; and Yvonne Kirsch (Philips) as VP of partnerships.

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Veritas Labs hires Rich Kenny, RN, MMCi (SAS) as chief clinical officer.


Announcements and Implementations

Salesforce announces out-of-the-box AI services for 15 industries, including patient services and benefits verification for healthcare.

NEJM will present “AI in Health Care – Putting Patients First,” a free virtual event on October 9.

NHS England’s procurement body will create a supplier framework that covers diagnostics and AI,  valued at $1 billion.

AvaSure will collaborate with Oracle Cloud and Nvidia to develop a virtual hospital concierge solution for nurses and families.

Netsmart launches Bells Virtual Scribe, which offers transcription and ambient documentation.


Government and Politics

Rep. Greg Murphy (R-NC), who is a physician, tells the House Veterans’ Affairs Committee that Oracle Cerner “should be abandoned today” because it was not a good choice for the VA. He says the VA should admit, “We screwed up, we made a mistake, we picked the wrong system, and we move on to a better system.”


Privacy and Security

Lehigh Valley Health Network will pay a $65 million settlement for a Russian hacker group’s cyberattack that exposed patient information and images of nude cancer patients on the dark web.


Other

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I had given up on HIMSS ever filing their IRS Form 990 information returns and they never answer my requests to send them my way, but I accidentally ran across what seems to be a recent filing for the fiscal year ending December 31, 2021 (it seems like they should have filed for 2022 and 2023 by now and I didn’t find those). Highlights:

  • Total revenue increased from $65 million to $87 million.
  • Total expenses jumped from $47 million to $106 million.
  • Net income dropped from $17.9 million to –$19 million.
  • Net assets dropped from –$8.4 million to –$29.9 million.
  • HIMSS sold 25% of its assets, $21 million, to fund operations during the COVID-19 downturn. It was paid $775,000 in insurance proceeds (presumably related to the cancelled HIMSS20) and took in $5.4 million in federal PPP COVID-19 funds.
  • HIMSS employed 404 people at the time of filing.
  • President and CEO Hal Wolf earned $1.2 million.
  • Others topping the HIMSS compensation list are Chief Operating and Strategy Officer Sebastian Krolop ($770,000 – left in January 2023), EVP Bruce Steinberg ($597,000 – left in December 2023), VP of Media Sales Frank Bilich (433,000), and HIMSS Analytics EVP Reid Oakes ($402,000).
  • HIMSS paid $10.3 million for consulting, including $1 million to McKinsey.
  • Conference and meeting revenue was $31.7 million, which was 42% of total revenue, while membership dues totaled $10.2 million..
  • The organization spent $2.3 million for legal services, $11.1 million for IT, and $129,000 for lobbying.
  • HIMSS launched the Office of Scientific Research in November 2020, which reported zero income for 2021.

The New York Times investigates the conversion of a 1,200 acre Utah ranch into a luxury hunting retreat by Mike Siaperas, founder and CEO of medical RCM and credentialing firm Med USA. The Times found that he received $5 million from Utah lawmakers to clear cut his property using a technique that can flatten 100 acres of trees per day, which the state supported as an ecology project. The Times notes that Utah’s legislative session lasts just 45 days, leaving part-time lawmakers – who are overrepresented by developers and real estate investors – with little time to seek expert opinion or public feedback.

In India, a teen dies following a failed gallbladder operation that was being performed by a fake doctor who was following along with YouTube surgery tutorial videos on his phone while cutting. The “surgeon,” who dismissed the family’s concerns during the operation with “Am I the doctor here, or you?” is the subject of a police search after he fled following the teen’s death.


Sponsor Updates

  • EClinicalWorks releases a new podcast, “Skyrocket RCM Productivity with EClinicalWorks & Healow.”
  • Ellkay will exhibit at the Athenahealth Thrive event October 28-30 in Austin.
  • Findhelp welcomes North Star Health, Southeast Community Health Systems, and All Hours Adult Care to its network.
  • FinThrive will present at the Florida HFMA Central Education & Networking Event September 20 in Clearwater.
  • Behavioral health software vendor ContinuumCloud will integrate medication management solutions from DrFirst into its EHR platform.
  • Impact Advisors will exhibit at Workday Rising 2024 September 16-19 in Las Vegas.
  • Sultan Bin Abdulaziz Humanitarian City in the Middle East upgrades to InterSystems TrakCare Mobile Enabled User Interface.
  • Laudio publishes a new case study, “How Novant Health Alleviated Pressure on Nurse Managers, Improved Employee Engagement, and Reduced RN Turnover by 15%.”
  • Australia-based software startup DidgUgo will add interoperability, FHIR, and AI functionality to its visit verification solution using InterSystems Iris for Health.
  • Linus Health will exhibit at the AAFP’s FMX 2024 conference September 24-28 in Phoenix.
  • Med Tech Solutions publishes a new guide, “How Cloud EMR/EHR Can Transform Your Practice in 90 Days.”
  • MRO will exhibit at the 2024 Tri-State HIM Summit September 15-17 in Myrtle Beach, SC.

Blog Posts


Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Contact us.

News 9/11/24

September 10, 2024 News Comments Off on News 9/11/24

Top News

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Oracle reports Q1 results: revenue up 7%, adjusted EPS $1.39 versus $1.19, beating Wall Street expectations for both and sending ORCL shares to an all-time high.

Cerner / Oracle Health was not mentioned in the earnings call except that Larry Ellison used healthcare as an example in response to an analyst’s general question about monetizing AI:

  • Oracle uses AI to prepare a pre-visit patient summary for the physician.
  • Ambient AI is used to document the visit.
  • Stanford needed three people to find his son’s X-rays in Epic, but with Oracle, the physician just says “Oracle, please show me Larry Ellison’s latest X-ray.” He adds, “Our user interface is so different than Epic.”
  • Ellison says that “all of Cerner is the monetization,” where AI will fuel expansion of the health business, but won’t be sold as a separate product.

HIStalk Announcements and Requests

On the musical front, I’m still digging deeper and longer into the REM catalog and can confidently recommend “All The Way to Reno,” “Crush with Eyeliner,” and the magnificent “Find the River.” Original drummer Bill Berry retired after collapsing on stage in 1997 with a brain aneurysm and seems to still suffer from some of the effects in recent interviews, but pre-1997 concert videos show his energetic, symphonic drumming and harmonizing, not to mention that his absence as a songwriter changed the band’s sound a lot for their remaining five albums. He and bassist Mike Mills were the most experienced and musically trained members of the band, but selflessly plugged away on the seemingly simple rhythm instruments because someone had to do it.


Webinars

September 17 (Thursday) noon ET. “Level Up Your Stars – Innovative Approaches to Boosting Quality Performance.” Sponsor: Navina. Presenters: Dana McCalley, MBA, VP of value-based care, Navina; Michael S. Barr, MD, MBA, chief medical officer, PreferCare; Yair Lewis, MD, PhD, chief medical officer, Navina. The presenters will explore strategies to boost quality performance and close care gaps effectively. Topics include enhancing quality metrics, developing strategies for care gap closure, leveraging AI for enhanced performance, and optimizing workflows.

September 19 (Thursday) 1 ET. “Cutting-Edge Conversations: A Fireside Chat With Top CMIOs.” Sponsor: DrFirst. Presenters: Drex DeFord, MSHI, MPA, This Week Health; Lacy Knight, MD, MSMI, Piedmont Health; Jake Lancaster, MD, MSHA, MS, Baptist Memorial Health Care; Colin Banas, MD, MSHA, chief medical officer DrFirst. This fireside chat will distill key points from 15 CMIO participants of the 229 Executive Summit. Topics include the impact of AI on clinical workflows, strategies for optimizing healthcare operations, addressing physician burnout and patient safety, and advances in population health management.

October 3 (Thursday) 1 ET. “Navigating AI-Powered Medical Interpretation: Insights for Health Leaders.” Sponsor: Globo. Presenter: Dipak Patel, CEO, Globo. AI is redefining how providers can communicate with patients who speak limited English. However, not all LLMs are created equal, and their potential and limitations need to be examined further. Globo has published its results from testing several LLMs. This webinar will address the promises and perils of AI-enabled medical interpretation in summarizing that research in four key domains: the process of AI interpretation, how to measure it, the state of AI tools today, and the areas where AI falls short with interpretation.

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


Acquisitions, Funding, Business, and Stock

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The private equity owners of Zelis consider selling their minority stake in the healthcare payments company in a potentially $17 billion deal. Bain Capital and Parthenon Capital merged Zelis with payment data company RedCard Systems in 2019 in a transaction valued at $6 billion.

Global investment firm EQT will acquire revenue cycle and health information management company Gebbs Healthcare Solutions from ChrysCapital for a reported $850 million. EQT is also reportedly considering strategic alternatives for RCM vendor AGS Health, including a potential sale. EQT’s health IT investments also include Citius Tech, Lumeon, and Waystar.

Clinical generative AI company Pieces Technologies announces $25 million in new growth funding from investors that include OSF HealthCare (IL) and Children’s Health (TX).

AMA releases CPT 2025, which includes 270 new codes, 112 deletions, and 38 revisions.

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Healthcare IT Leaders will open an Overland Park, KS office on the Aspiria campus and will add 25 positions there.


Sales

  • Gillette Children’s Hospital (MN) selects data, analytics, and care management technology from HealthEC.
  • Healthcare-at-home service provider CareRing Health will implement WellSky’s EHR and analytics software across its locations in five states and Washington, DC.

People

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Glenn Wada (Blue Ocean Go to Market Partners) joins Iris Telehealth as chief growth officer.

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MDClone hires Bruno Lempernesse, MS (Health Catalyst) as president.

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Industry long-timer Mark Erwich, MBA (Verato) joins Health Launchpad as chief strategy officer.


Announcements and Implementations

Mercy Cedar Rapids Women’s Center (IA) goes live on Volpara Health’s breast cancer risk assessment and care management software.

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Renown Health (NV) implements DetectRx drug diversion monitoring software from IatricSystems.

Royal Columbia Hospital in British Columbia goes live on Meditech Expanse as part of Fraser Health’s facility-wide implementation.

LogicSource will collaborate with Cleveland Clinic to create non-clinical procurement best practices and benchmarking.

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Apple adds sleep apnea detection to the Apple Watch and incorporates hearing features in AirPods Pro that include passive noise reduction, a clinical grade hearing test, and the ability to use AirPods Pro as an over-the-counter hearing aid for mild to moderate hearing loss.

Amy Abernethy, MD, PhD (Verily) and Brad Hirsch, MD (Verily) launch Highlander Health, which will focus on evidence generation and related investment.

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A KLAS Arch Collaborative Report on EHR interoperability finds that a major clinician pain point is using outside patient data.


Privacy and Security

Five hospitals in Ontario and their shared IT services provider will spend $6.6 million on recovery efforts stemming from a ransomware attack in October 2023. Bluewater Health restored all of its systems, including Meditech, in February of this year. It will go live on Oracle Health in November. Windsor Regional Hospital, which is still working on a full recovery, has spent the majority of its recovery costs on staff overtime.

Just 20% of small and rural hospitals are taking advantage of free and low-cost cybersecurity resources from Microsoft and Google, according to new stats from White House officials. The vendor offerings are part of a federal initiative launched in June designed to help select healthcare facilities shore up their cybersecurity defenses.


Sponsor Updates

  • EClinicalWorks releases a new podcast, “Skyrocket RCM Productivity with eClinicalWorks & Healow.”
  • AGS Health will exhibit at the Revenue Integrity Symposium September 12-13 in Oak Brook, IL.
  • Altera Digital Health releases a new e-book, “Sunrise: The Flexible EHR to Meet Your Evolving Needs.”
  • The Department of Commerce appoints Arcadia Chief Strategy Officer Aneesh Chopra to its National AI Advisory Committee.
  • AvaSure will host its 2024 Symposium October 2-4 in Grand Rapids, MI.
  • Capital Rx releases a new episode of “The Astonishing Healthcare Podcast, “Customer Care in Healthcare: Setting a Higher Bar, with Will Tafoya.”
  • CereCore releases a new podcast, “5 Communication Tactics for Better IT and Business Alignment.”
  • The “InteropNow” podcast features Consensus Cloud Solutions EVP of Healthcare Strategy and Policy Bevey Miner, “Bringing Healthcare to Structured Data with Consensus Cloud Solutions.”
  • Laudio publishes a case study titled “How Novant Health Alleviated Pressure on Nurse Managers, Improved Employee Engagement, and Reduced RN Turnover by 15%.”
  • CloudWave publishes a new whit epaper, “Patient-centric Incident Response in Healthcare: A New Approach – What You Need to Know.”

Blog Posts


Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Contact us.

Monday Morning Update 9/9/24

September 8, 2024 News Comments Off on Monday Morning Update 9/9/24

Top News

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A cybersecurity researcher finds an unsecured web database that contains the information of patients of the ironically named Confidant Health, an AI-powered mental health and addiction treatment provider.

The database contained 120,000 files and included lengthy psychiatry patient intake notes. It also included audio and video recordings of sessions. Information in the files suggests that some of it was collected by Confidant’s conversational chatbot called Alfie.

The company says that less than 1% of those files could be accessed openly.

Confidant says that it fixed the problem within an hour of being notified. It objects that the findings were publicized in a “sensational” way.


Reader Comments

From Enlighted Analyst: “Re: CVS Health. Has announced that it will sunsetting its HDMS business as of the end of 2025. HDMS provides data warehousing and analytic services to health plans and large employers and was acquired by CVS Health as part of its acquisition of Aetna.” Reported in a CVS announcement. Health Data and Management Solutions offers the Enlight data solutions and visualization platform. It describes its business as “build[ing] connected health views for employers, health plans, providers, and brokers. We transform unrefined data, often disparate and difficult-to-access, into integrated insights.”


HIStalk Announcements and Requests

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You are (sadly) beating poll respondent averages if you spend six or more hours dealing with work-related messages after hours. I have to commend employers who have somehow convinced their workers that spending their free (literally) time doing company work is OK.

New poll to your right or here: How much impact has the information technology that is used by your providers and insurers had on your overall health and happiness?


Webinars

September 10 (Tuesday) noon ET. “Overcoming Hurdles in Specialty Med Access Under Medical Benefits.” Sponsor: DrFirst. Presenters: Drew Hunsinger, VP of corporate business development, DrFirst; Tyler Wince, MEd, VP of product and technology specialty solutions, DrFirst. More specialty medications, which made up 80% of FDA’s new drug approvals last year, are falling under medical benefits, which challenges the patient care processes and efficiency of providers. Medication access experts will discuss how automation and unified medication management solutions can ensure better outcomes for patients and providers by addressing patient access hurdles and enhancing the ‘stickiness’ of EHRs. They will also provide insights into how regulatory changes such as interoperability and prior authorization mandates will affect healthcare stakeholders.

September 17 (Thursday) noon ET. “Level Up Your Stars – Innovative Approaches to Boosting Quality Performance.” Sponsor: Navina. Presenters: Dana McCalley, MBA, VP of value-based care, Navina; Michael S. Barr, MD, MBA, chief medical officer, PreferCare; Yair Lewis, MD, PhD, chief medical officer, Navina. The presenters will explore strategies to boost quality performance and close care gaps effectively. Topics include enhancing quality metrics, developing strategies for care gap closure, leveraging AI for enhanced performance, and optimizing workflows.

September 19 (Thursday) 1 ET. “Cuttng-Edge Conversations: A Fireside Chat With Top CMIOs.” Sponsor: DrFirst. Presenters: Drex DeFord, MSHI, MPA, This Week Health; Lacy Knight, MD, MSMI, Piedmont Health; Jake Lancaster, MD, MSHA, MS, Baptist Memorial Health Care; Colin Banas, MD, MSHA, chief medical officer DrFirst. This fireside chat will distill key points from 15 CMIO participants of the 229 Executive Summit. Topics include the impact of AI on clinical workflows, strategies for optimizing healthcare operations, addressing physician burnout and patient safety, and advances in population health management.

October 3 (Thursday) 1 ET. “Navigating AI-Powered Medical Interpretation: Insights for Health Leaders.” Sponsor: Globo. Presenter: Dipak Patel, CEO, Globo. AI is redefining how providers can communicate with patients who speak limited English. However, not all LLMs are created equal, and their potential and limitations need to be examined further. Globo has published its results from testing several LLMs. This webinar will address the promises and perils of AI-enabled medical interpretation in summarizing that research in four key domains: the process of AI interpretation, how to measure it, the state of AI tools today, and the areas where AI falls short with interpretation.

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


Acquisitions, Funding, Business, and Stock

Oracle acquires the former Cerner demonstration center on the vacant campus at 2800 Rockcreek Parkway. Oracle exercised the purchase option for the 125,000 square foot building that Cerner moved into in early 2019 in a sales-leaseback contract with North Kansas City.


Announcements and Implementations

Palantir launches HealthStart, a program for startup developers that focuses on three layers: streamlining compliance approvals, a starter kit for builders, and ontology as a service.


Government and Politics

Texas sues the federal government for implementing a HIPAA medical privacy rule that prohibits state investigators from obtaining the medical records of women who cross state lines to obtain abortion services. The lawsuit questions HHS’s ability to determine the scope of federal privacy and says that such action unlawfully limits state investigative authority, which is guaranteed by HIPAA.  

Two independent reviews find that VA hospitals outperformed non-VA hospitals in patient satisfaction (79% four or five stars versus 40%) and hospital quality ratings (58% four or five stars versus 40%).


Sponsor Updates

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  • NeuroFlow staff volunteer with Cradles to Crayons to help pack bookbags for local students.
  • EClinicalWorks releases a new podcast, “Cutting Costs and Improving Care Seamlessly.”
  • Netsmart recaps its 17th annual Connections2024 conference in Dallas, which showcased customer achievements and AI innovations of its CareFabric platform.
  • Wolters Kluwer Health offers free, online access to evidence-based information about mpox in a dedicated mpox resource center.
  • RLDatix will host a lunch and learn session featuring customers Bozeman Health and St. Francis Hospital at NAMSS 2024 September 30 in Denver.
  • Laudio publishes a new report, “Frontline Leaders in Focus: Executive Strategies for Top Workforce Trends.”
  • Medicomp Systems releases a new episode of its Tell Me Where IT Hurts Podcast featuring ASTP/ONC Deputy Director, Certification & Testing Division, Jeffery Smith.
  • Med Tech Solutions expands its capabilities into the acute care market by enhancing its Epic, Oracle Health, and Meditech expertise.
  • Inovalon, Arcadia, Wolters Kluwer, and MRO will sponsor Rise West 2024 September 11-13 in Colorado Springs.
  • Nordic releases a new episode of its “Designing for Health: podcast, “Interview with Steve Muething, MD.”
  • Pivot Point Consulting Physician Executive Partner Nick Patel, MD joins the HIMSS 2025 Americas Board of Advisors.
  • Rhapsody Health publishes a new case study, “Qventus achieves 10X performance and reduces customer onboarding time by 50%.”
  • Sectra releases a new podcast, “From co-development to go-live: Inside Penn Medicine and Sectra’s genomics journey.”
  • SmartSense by Digi will exhibit at the Health Connect Partners Hospital Pharmacy Fall Conference September 30-October 2 in Columbus, OH.
  • SnapCare will exhibit at the Colorado Healthcare 2024 Fall Convention September 10-12 in Loveland.
  • Gartner names Verato a Sample Vendor in its latest Hype Cycle for Real-Time Health System Technologies report.

Blog Posts


Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Contact us.

News 9/6/24

September 5, 2024 News 1 Comment

Top News

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Private equity firm New Mountain Capital will combine three of its healthcare billing portfolio businesses into a new company that is valued at $3 billion.

The companies are Rawlings Group, Apixio’s payment integrity business, and Varis.

Datavant has acquired Apixio’s Connected Care platform and value-based care solutions as part of the transaction.

The CEO of the unnamed company will be David Pierre, formerly COO of CVS Health-acquired Signify Health.


Reader Comments

From ID Protector: “Re: Optery. The CEO mentioned on their website is me, and the friend that introduced me to Optery was you, from an HIStalk post.” Pretty cool. Optery is a service that gets your name and personal information (address, phone number, age, family members, etc.) removed from websites that are easily found by Googling. Sign up for a free Optery account to see where your information is available for the world to see. I mentioned my personal experience with it in October 2021. I’ve been paying $3.99 per month for basic removal, but because of this CEO’s memory jog, I just now upgraded to Optery Extended for $120 paid annually after applying a promo code that I found online. His example was shocking – someone used his online information to obtain a fake driver license and apply for $50 million in PPP loans, not to mention that the personal information of employees makes it easier for hackers to breach a company. I just now chose a high-profile, Optery-free executive, and within 60 seconds, had photos of their house, what they paid for it, the names and ages of their family members, and details about their spouse’s employer.


Webinars

September 10 (Tuesday) noon ET. “Overcoming Hurdles in Specialty Med Access Under Medical Benefits.” Sponsor: DrFirst. Presenters: Drew Hunsinger, VP of corporate business development, DrFirst; Tyler Wince, MEd, VP of product and technology specialty solutions, DrFirst. More specialty medications, which made up 80% of FDA’s new drug approvals last year, are falling under medical benefits, which challenges the patient care processes and efficiency of providers. Medication access experts will discuss how automation and unified medication management solutions can ensure better outcomes for patients and providers by addressing patient access hurdles and enhancing the ‘stickiness’ of EHRs. They will also provide insights into how regulatory changes such as interoperability and prior authorization mandates will affect healthcare stakeholders.

September 17 (Thursday) noon ET. “Level Up Your Stars – Innovative Approaches to Boosting Quality Performance.” Sponsor: Navina. Presenters: Dana McCalley, MBA, VP of value-based care, Navina; Michael S. Barr, MD, MBA, chief medical officer, PreferCare; Yair Lewis, MD, PhD, chief medical officer, Navina. The presenters will explore strategies to boost quality performance and close care gaps effectively. Topics include enhancing quality metrics, developing strategies for care gap closure, leveraging AI for enhanced performance, and optimizing workflows.

September 19 (Thursday) 1 ET. “Cuttng-Edge Conversations: A Fireside Chat With Top CMIOs.” Sponsor: DrFirst. Presenters: Drex DeFord, MSHI, MPA, This Week Health; Lacy Knight, MD, MSMI, Piedmont Health; Jake Lancaster, MD, MSHA, MS, Baptist Memorial Health Care; Colin Banas, MD, MSHA, chief medical officer DrFirst. This fireside chat will distill key points from 15 CMIO participants of the 229 Executive Summit. Topics include the impact of AI on clinical workflows, strategies for optimizing healthcare operations, addressing physician burnout and patient safety, and advances in population health management.

October 3 (Thursday) 1 ET. “Navigating AI-Powered Medical Interpretation: Insights for Health Leaders.” Sponsor: Globo. Presenter: Dipak Patel, CEO, Globo. AI is redefining how providers can communicate with patients who speak limited English. However, not all LLMs are created equal, and their potential and limitations need to be examined further. Globo has published its results from testing several LLMs. This webinar will address the promises and perils of AI-enabled medical interpretation in summarizing that research in four key domains: the process of AI interpretation, how to measure it, the state of AI tools today, and the areas where AI falls short with interpretation.

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


Acquisitions, Funding, Business, and Stock

Netsmart acquires post-acute market intelligence firm HealthPivots, which it will integrate with CareFabric to support the transition to value-based care.

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National oncology practice operator OneOncology acquires Navigating Cancer, which offers a patient engagement and care management platform.

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Business Insider profiles Commure as “the weirdest startup in healthcare,” having raised $1 billion at a $6 billion valuation but then walking away from its original mission of developing a healthcare data integration platform to instead offer efficiency-boosting automation for healthcare administrative tasks. The company’s acquisitions include Augmedix, PatientKeeper, Strongline, and Rx.Health. Insiders say that the October 2023 “merger” of Commure and Athelas was actually a Commure acquisition, with products from Athelas becoming Commure’s primary growth engine. Athelas CEO Tanay Tandon took over as Commure’s fourth CEO in October 2023.


Sales

  • In Canada, Nova Scotia Health will implement conversational web visitor search tools, EHR search, and radiology workflow from Google Cloud in a five-year, $31 million project.
  • Sentara Home Care Services goes live on WellSky CareInsights and Value-Based Insights, integrated with their EHR. 

People

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City of Hope hires Simon Nazarian, MBA (Optum) as EVP/chief digital and technology officer.

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Michael Justice, MBA (Medical Advantage) joins Mind 24-7 as SVP of technology.

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University of Chicago Medicine promotes Karen Habercross, MBA, MSW to VP/chief information security and privacy officer.

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Industry long-timer Laura Anderson (Elsevier) joins IKS Health as chief product officer.

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EHR vendor Canvas Medical promotes Adam Farren, MBA to CEO. He replaces founder Andrew Hines, who will transition to CTO.

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Erik Johnson (BioMérieux) joins Harmony Healthcare IT as VP of marketing.

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NVoq hires Dawn Iddings (Netsmart) as chief revenue officer.

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Hugh Brennnan (11TEN Innovation Partners) joins Cordea Consulting as EVP of sales.

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Greenway Health hires Geordie Sanborn (Arvest Bank) and Chuck Rackley (Infinx) as sales VPs.


Announcements and Implementations

University of Iowa Health Care rolls out Nabla’s ambient technology to all of its clinical workforce, including faculty, advanced practice providers, allied health professionals, trainees, and students. UI Health Care will work with Nabla to develop new use cases and improve its Epic integration.

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IRhythm, which offers an ambulatory cardiac monitoring system, signs an exclusive license to incorporate BioIntelliSense’s technologies that measure pulse oximetry, accelerometry, and trending non-invasive blood pressure.

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A new KLAS report on patient education solutions notes that 2024 Best in KLAS winner Healthwise, which was acquired by WebMD this year, is used by the widest variety of organizations. Wolters Kluwer is strong in EHR and portal integration, while Elsevier shines with its patient-friendly content. New vendor Mytonomy publishes short-form videos.


Government and Politics

The Republican National Committee alleges to election officials in six states that Vot-ER may be violating election laws, stating that the organization’s goal is to turn “every check-up and doctor’s visit into a political lecture” by pressuring patients to vote in a certain way as a condition of receiving medical care. Rep. Chip Roy (R-TX) previously asked Epic to respond to his concerns that its users could be registering non-citizen voters in Vot-ER. Vot-ER Executive Director Aliya Bhatia, MPP provided this response:

Vot-ER is proud of empowering health professionals and patients to vote, many of whom face significant barriers to civic participation. It’s unfortunate and frankly a shame that our nonpartisan efforts to promote civic engagement are coming under unwarranted scrutiny. Vot-ER has always been clear in its mission to remain nonpartisan, and we are guided by a bipartisan advisory board, including Republican and Democratic former elections officials, to ensure that our work reflects the needs and concerns of all voters, regardless of political affiliation. Vot-ER does not promote or endorse any political party or candidate, participation is entirely voluntary, and nothing in our programming remotely suggests that patients are pressured or coerced to register to vote. Moreover, we have protocols and technology in place to prevent ineligible individuals from registering, and any suggestion otherwise is simply false.

I mentioned the Epic app name post from interoperability guy Brendan Keeler earlier this week, so here’s another fun thread in which he looks at some of the interesting comments that ASTP received about HTI-2. He cites an anonymous commenter who was “coming out guns blazing” with these points (not Brendan’s):

  • Questionable applications have already joined the network by exploiting its lenient onboarding process, which could include using fake NPIs and websites.
  • Ineffective monitoring allows organizations to siphon off data without sharing data of their own.
  • ASTP should follow Carequality’s focus on thorough vetting and continuous monitoring, which could include real-time participant monitoring and removal and notifying practices when their credentials are used.

Other

Kaiser Permanente hematologist / oncologist Faisal Cheema, MD says that he’s happy that they are using Abridge for ambient documentation after piloting Nabla Copilot. He says that Copilot was effective but not integrated with Epic (he didn’t say whether it was an app problem or KP decision) and Abridge’s integration with Epic Haiku was a game-changer. Next, he would like to see transcription of virtual visits directly from the smartphone app. 

Hamilton Health Sciences profiles cardiologist Darryl Leong, MBBS, MPH, MBiostat, PhD, who is also associate CMIO for research, and his involvement with the organization’s use of Epic in research.


Sponsor Updates

  • Middletown Medical (NY) sees reduced claim rejections, decreased claims submission lag, and ROI savings after adding RCM capabilities to its EClinicalWorks EHR.
  • Black Book’s latest survey of VC and PE healthcare leaders reveals priorities for healthcare IT investments in 2025.
  • CereCore will present at Meditech Live September 27 in Foxborough, MA.
  • Arcadia publishes a new report, “The healthcare CIO’s role in the age of AI.”
  • Artera publishes a new customer snapshot featuring Newton Clinic.
  • Availity partners with Iodine Software to bring advanced mid-revenue cycle solutions to its Availity Essentials Pro customers.
  • AvaSure will host the 2024 AvaSure Symposium October 2-4 in Grand Rapids, MI.
  • Capital Rx releases a new episode of The Astonishing Healthcare Podcast, “Never Move Again, a Paradigm Shift in Pharmacy Benefits, with AJ Loiacono.”
  • The American Health Law Association features Clearwater Chief Risk Officer and Head of Consulting Services and Client Success Jon Moore on its latest podcast.
  • Memphis VA Medical Center (TN) expands its use of CliniComp solutions.
  • CloudWave publishes a new case study, “Safeguarding Patient Care: Emanate Health Adopts OpSus Live for Enhanced EHR Security.”
  • Crossings Healthcare Solutions, FinThrive, and Nordic will sponsor Oracle CloudWorld 2024 September 9-12 in Las Vegas.
  • Ellkay will exhibit at Mayo Clinic’s Leveraging the Laboratory Conference September 17-18 in Rochester, MN.
  • Elsevier offers free access to research and clinical resources via its Mpox Information Center to accelerate the fight against viral disease.
  • FinThrive releases a new episode of its Healthcare Rethink Podcast, “Is the Boom of Digital Health Really Booming?”
  • Five9 will present at SaaStr Annual 2024 September 10 in San Francisco.

Blog Posts


Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Contact us.

News 9/4/24

September 3, 2024 News 5 Comments

Top News

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UK-based virtual hospital and remote patient monitoring technology vendor Doccla raises $46 million in a Series B funding round.

The company will use the funds to expand in Europe beyond UK and Ireland.


Reader Comments

From Don O: “Re: Epic’s hiring practices. During my 17-year stint (now retired), I never met another vendor ex-employee. I’d be hard pressed to remember if Epic ever brought someone on from a customer, with possibly a couple of MDs who could not be part of the site’s installation team. Excludes the Emeritus program of experts that have retired from their organization primarily functioning in consulting roles.”

From Samsara Psychiatrist: “Re: mental health professional shortages. This is both in overall numbers as well as in-network psychiatrists, many of whom have full practices or are hospital based and don’t see outpatients at all. This is never reflected in the provider listings. Insurers want patients to make a bunch of unsuccessful phone calls before giving up and either paying cash or not obtaining care at all. Even those who are wiling to pay cash can wait six months for an appointment. Most problematically, patients with the most severe mental illnesses have the most difficulty in getting outpatient treatment since they are more likely to have Medicare or Medicaid and need complex, coordinated services that the average mental health professional is not equipped to give. On the health IT front, initiatives such as meaningful use, MIPS, and MACRA have made it increasingly less likely that mental health professionals will want to participate in these programs. Significant numbers of psychiatrists are retiring or cutting back their hours. The availability of telehealth has increased interest in psychiatry as a specialty, but there are still a limited number of residency training positions, and CMS rules — such as not allowing virtual supervision for in-person resident patients — should be more flexible. Insurers are certainly a big piece of the problem, but not the only one. Big changes are needed.”

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From Danny DeVino: “Re: Epic trademarks. Industry interoperability guy Brendan Keeler had fun trying to figure out which of Epic’s trademarks involve products that either didn’t came to fruition or have been retired.” It’s a fun list.


HIStalk Announcements and Requests

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About half of poll respondents say that their company culture has changed in the past year, and two-thirds of those say it got worse.

New poll to your right or here: How much time do you spend each week managing work-related messages after normal working hours?

Readers sent me questions last week about Epic related to Vot-ER and how Epic finances startup participation in its Workshop program. My experience is that the PR contacts of most companies don’t respond at all, and if they do, not quickly enough for that same day’s HIStalk news post. Epic always gets back to me quickly with an acknowledgment and then provides a company statement shortly after, which I appreciate since I can give my readers a timely response. It’s also good for companies to address rumors that are likely being discussed more widely than by the one person who asks me.


Webinars

September 10 (Tuesday) noon ET. “Overcoming Hurdles in Specialty Med Access Under Medical Benefits.” Sponsor: DrFirst. Presenters: Drew Hunsinger, VP of corporate business development, DrFirst; Tyler Wince, MEd, VP of product and technology specialty solutions, DrFirst. More specialty medications, which made up 80% of FDA’s new drug approvals last year, are falling under medical benefits, which challenges the patient care processes and efficiency of providers. Medication access experts will discuss how automation and unified medication management solutions can ensure better outcomes for patients and providers by addressing patient access hurdles and enhancing the ‘stickiness’ of EHRs. They will also provide insights into how regulatory changes such as interoperability and prior authorization mandates will affect healthcare stakeholders.

October 3 (Thursday) 1 ET. “Navigating AI-Powered Medical Interpretation: Insights for Health Leaders.” Sponsor: Globo. Presenter: Dipak Patel, CEO, Globo. AI is redefining how providers can communicate with patients who speak limited English. However, not all LLMs are created equal, and their potential and limitations need to be examined further. Globo has published its results from testing several LLMs. This webinar will address the promises and perils of AI-enabled medical interpretation in summarizing that research in four key domains: the process of AI interpretation, how to measure it, the state of AI tools today, and the areas where AI falls short with interpretation.

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


People

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RxLightning names Peter Simmons, RPh as COO.

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Nathan Gnanasambandam, PhD (HealthPointe Solutions) joins RhythmX AI as VP of AI.

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Flatiron Health promotes Quincy Weatherspoon, MBA to VP/GM of Flatiron Point of Care Solutions.


Announcements and Implementations

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Niagara Health in Ontario prepares to launch Oracle Health in November. Six hundred clinicians have signed up for extra training during the “Operation Monarch” implementation project, which was first announced in 2022.

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Salem Township Hospital (IL) will go live on Epic next month.

The Ohio State University Wexner Medical Center goes live on Epic-integrated Cloud Payments from TrustCommerce, a Sphere company.

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A new KLAS report on data archiving finds that the systems that are most commonly involved are EHRs from Altera Digital Health, Oracle Health, and Athenahealth. Top performance scores for complex archiving projects were earned by Galen Healthcare Solutions, an RLDatix Company; and Harmony Healthcare IT, while Triyam performed well in lower-complexity work.


Government and Politics

Clinicians at Lovell Federal Health Care Center (IL) continue to focus on improving the Oracle Health-based EHR that was implemented five months ago at the facility, which is jointly run by the VA and DoD. Areas of focus, dubbed “big rock” projects, include fine-tuning referral management, standardizing and consolidating user roles, improving training, and improving coordination between prescribers and pharmacists.


Other

Michigan researchers find that EHRs are not consistent in documenting the racial and ethnic designations of pediatric patients. They recommending implementing some form of gold standard that is appropriate for children who may not be able to self-report.


Sponsor Updates

  • EClinicalWorks releases a new podcast, “Know Your No-Shows and Optimize Your Schedule.”
  • Meditech releases a new podcast, “Zack Kass on seizing the healthcare AI advantage.”
  • The Surescripts Role and Value of the Pharmacist Founder’s Donor Fund contributes $75,000 towards a grant that the National Council for Prescription Drug Programs Foundation will use to study the current pharmacy technology landscape.
  • The Kansas City Business Journal honors Netsmart Chief People Officer Wendy Hill with its Women Who Mean Business Award.
  • Revuud names Mark McDowell, Brian Litten, and Scott Schubert to its Board of Directors.
  • A 2024 Forrester Consulting Total Economic Impact study reveals a 193% return on investment over three years for interviewed health technology teams using Rhapsody healthcare data integration solutions.
  • RLDatix supports healthcare organizations in assessing their readiness for the new CMS Patient Safety Structural Measure, which takes effect next year.
  • Waystar will exhibit at the WellSky Care Forum September 8-11 in Denver.
  • Wolters Kluwer Health CMO Peter Bonis, MD will present at the HIMSS AI in Healthcare Forum September 5 in Boston.
  • CereCore releases a new podcast, “Breaking Down Barriers: Fostering A True IT and Business Partnership.”

Blog Posts


Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Contact us.

News 8/30/24

August 29, 2024 News 14 Comments

Top News

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PatientPay completes its acquisition of billing, statement, and payment technology vendor ClearGage.

The combined companies will have 1,600 healthcare organization clients and 1.2 million patient digital wallets.


Reader Comments

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From Not So Vendor Neutral: “Re: Epic. I’ve heard from multiple sources that Epic is making deals for cash and equity as part of its Workshop program, where they give access to Epic resources while promoting those vendors to their customer base.” An Epic spokesperson provided this response to my inquiry:

We undertake a significant amount of R&D to co-develop products with Workshop vendors for the benefit of our provider community. Rather than front-loading this expense on start-ups, we’ve entered into novel financial arrangements, including warrants in rare cases. This way, the start-ups can delay the bulk of their payment until they are successful and we can share in that success. We have no intention of company ownership.

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From ExMeditech: “Re: Epic hiring only entry level people. See this from Meditech’s Neil Pappalardo from a 1991 book.” Neil said this in the book “Entrepreneurs in High Technology: Lessons from MIT and Beyond,” which was written by the late MIT professor and Meditech co-founder Ed Roberts. It’s a reminder that Epic and Meditech shared some DNA and management philosophies in the early days:

We view ourselves as a family. We always hire entry level people, whether in software or sales. We don’t hire new people into managerial slots. All of our managers have been promoted from within. We want our people to join us when they’re still young and get their training here in our culture. They don’t have much experience when they start but at least they’re malleable at that age. And they learn quickly.

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From Band Saw: “Re: Oracle CloudWorld. The band Journey is playing. Does the conference draw enough old dudes who care?” “Don’t Stop Believin” is my most-detested song, and I wouldn’t expect it to sound better played by the sole remaining original member in a million-dollar corporate jukebox show for IT geeks. The band’s most recent album is from 2022, but its later works are superfluous since — like skimpily talented insects trapped in musical amber – their music is indistinguishable from the 40-year-old stuff that includes that shriek-along favorite of tipsy karaoke moms. Don’t expect comradely glances between the keyboardist and guitarist, each of whom is a 50% band owner and opposing litigant in a money dispute that caused their upcoming European nostalgia-milking tour to be cancelled, and don’t expect to hear their singer – a non-English speaker from a Philippines tribute band who they saw on YouTube and hired purely because he sounds like Steve Perry despite looking as unlike him as is possible — since the audience will insist on singing along badly. The only deceased founding member is rhythm guitarist George Tickner, who according to his 2023 obituary was a registered nurse who left the band in 1975 to “pursue his PhD at Stanford University Medical School on a full scholarship.”


Webinars

September 10 (Tuesday) noon ET. “Overcoming Hurdles in Specialty Med Access Under Medical Benefits.” Sponsor: DrFirst. Presenters: Drew Hunsinger, VP of corporate business development, DrFirst; Tyler Wince, MEd, VP of product and technology specialty solutions, DrFirst. More specialty medications, which made up 80% of FDA’s new drug approvals last year, are falling under medical benefits, which challenges the patient care processes and efficiency of providers. Medication access experts will discuss how automation and unified medication management solutions can ensure better outcomes for patients and providers by addressing patient access hurdles and enhancing the ‘stickiness’ of EHRs. They will also provide insights into how regul


Sales

  • Chicago-based Collaborative Bridges chooses HealthEC’s data and analytics solution.

People

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EvidenceCare promotes Amy Deaton to president / COO.

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Care2U promotes Lon Hecht to CEO.

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Altais hires Kumar Murukurthy, MBBS (Walmart Health and Wellness) as chief information and digital officer.


Announcements and Implementations

CommonWell Health Alliance announces that Athenahealth, ModuleMD, and Solace Health are live on its new TEFCA-ready platform and QHIN that was developed with Ellkay.

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University of Iowa Health Care CHIO James Blum, MD posted on LinkedIn that they have deployed Evidently’s EHR-embedded clinical decision support to all of their caregivers, of which 2,000 launched it on the first day.


Sponsor Updates

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  • FinThrive staff pack 576 “food paks” for Children’s Hunger Fund in Frisco, TX.
  • EClinicalWorks releases a new podcast, “Say Hello to Easy Joint Documentation with EClinicalWorks.”
  • Wolters Kluwer Health announces that 15 of its Lippincott healthcare journals received 37 Awards for Publication Excellence during the most recent APEX competition.
  • Tegria, CloudWave, Nuance, and DrFirst will sponsor Meditech Live September 24-27 in Foxborough, MA.
  • Fortified Health Security names Keenen Garnett (Deaconess Health System) penetration tester.
  • Avoyelles Hospital (LA) adds Medhost’s Clinician Experience, Pharmacy Experience, and PDMP capabilities to its Medhost EHR.
  • Meditech customer Ozarks Healthcare earns two EHR Experience Breakthrough Awards at the KLAS Arch Collaborative Summit.
  • CliniComp earns “Great Place to Work” certification for the second year in a row.
  • Revuud announces new board members Mark McDowell; Brian Litten, JD; and Scott Schubert, CPA.
  • Surescripts CEO and pharmacist Frank Harvey recaps the company’s hosting of the Care Team Evolution Summit, in partnership with AHIP and the American Pharmacists Association, in Washington, DC last month.

Blog Posts


Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Contact us.

News 8/28/24

August 27, 2024 News 4 Comments

Top News

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An ASTP/ONC study finds that 60% of people who were recently diagnosed with cancer accessed their online medical records in 2020-2022, which is a big jump from 2017-2018.

Of those who were recently diagnosed, 40% accessed their records six or more times in the previous year.

Nearly all recently diagnosed cancer patients accessed their test results through a patient portal or online system, with half of them needing to use multiple platforms.


Reader Comments

From Epic Fail: “Re: Cerner. I saw some online chatter about Oracle / Cerner employees wanting to move to Epic. I don’t think that’s actually a thing.” Unless something has changed, Epic generally doesn’t hire people with industry experience. In Judy’s mind (and I love this), they would rather take a bright, high-potential new college graduate, pay them a decent salary given their lack of experience, teach them to do things the Epic way, and then move them up if it’s a good fit or out if not. They aren’t big on paying more to hire experienced people whose knowledge and habits need to be “unlearned.” Folks with recent time working for Epic, is this still generally accurate? As I’ve said many times, Epic’s most shockingly successful accomplishment is building a huge, successful company with an army of fresh-from-college industry newcomers to whom C-level hospital executives listen.

From Chaat GPT: “Re: patients using AI as an initial or second medical opinion. How does this work its way into the workflow of physicians who are already have all appointment slots booked for many months?” Doctors could face challenges as patients use AI tools like ChatGPT to get second opinions or conflicting advice. The healthcare system isn’t equipped to treat patients as equal partners within a 15-minute appointment. If just 10% of patients question their diagnosis or treatment based on their AI findings, it could overwhelm doctors. Enterprising physicians might create a second-opinion practice, gathering full patient information (thanks, interoperability), and thoughtfully reviewing it with the help of AI to explain the options or recommend new ones. Alternatively, a patient’s subjective data could be analyzed by AI before their appointment to create more informed care plans up front. I’m pretty sure that healthcare processes would look a lot different if you could ignore incremental profit motives, insurers, and malpractice attorneys (direct primary care addresses the first two). 


HIStalk Announcements and Requests

Lorre accidentally uncovered a fun statistic today. HIStalk has served up more than 1 billion ad impressions in just part of its lifespan.


Webinars

September 10 (Tuesday) noon ET. “Overcoming Hurdles in Specialty Med Access Under Medical Benefits.” Sponsor: DrFirst. Presenters: Drew Hunsinger, VP of corporate business development, DrFirst; Tyler Wince, MEd, VP of product and technology specialty solutions, DrFirst. More specialty medications, which made up 80% of FDA’s new drug approvals last year, are falling under medical benefits, which challenges the patient care processes and efficiency of providers. Medication access experts will discuss how automation and unified medication management solutions can ensure better outcomes for patients and providers by addressing patient access hurdles and enhancing the ‘stickiness’ of EHRs. They will also provide insights into how regulatory changes such as interoperability and prior authorization mandates will affect healthcare stakeholders.

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


Acquisitions, Funding, Business, and Stock

McKesson will acquire business and administrative services company Core Ventures from Florida Cancer Specialists & Research Institute for $2.5 billion. FCS launched Core Ventures in January to house its IT, finance, managed care, and procurement divisions. FCS, which employs over 500 clinicians across 100 locations, will retain its independence and become a member of The US Oncology Network, McKesson’s practice management business for cancer care practices.

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Pfizer launches PfizerForAll, a direct-to-consumer online healthcare business that offers virtual consults for select conditions, prescription and test delivery to the home, and local appointment scheduling for vaccines.


Sales

  • Intermountain Health (UT) will implement Volpara Health’s AI-powered breast cancer screening software.
  • Sanford Health (SD) selects Infor’s healthcare-focused finance and supply chain technologies.
  • Norfolk and Waveney Acute Hospital Collaborative will implement Meditech Expanse across its three hospitals in England.

People

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Divurgent hires Steve Aspling (CorroHealth) as VP of client service.

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Cordea Consulting names Kaitlin Traft (Healthlink Advisors) VP of sales.

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Vik Krishnan, MBA (TeleVox Healthcare) joins Instem as CEO.

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Tarah Bryan, MA (Health Catalyst) joins Notable as head of marketing.

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Innovative Consulting Group names Christina Krugh (Baker Tilly US) as SVP of sales.

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Greg Burrell, MD (Gravie) joins Homeward as chief medical officer.


Announcements and Implementations

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Regional West Medical Center will implement Epic in October through a partnership with UCHealth (CO) and Epic’s Community Connect program. The hospital settled a contract dispute with Oracle Health earlier this year over financial losses and lowered bond ratings that it contends were directly caused by its 2018 implementation of Cerner Millennium.

Ohio State University Wexner Medical Center implements Cloud Payments software from TrustCommerce, a Sphere company.

Capital Rx launches Never Move Again, which allows self-funded health plan sponsors to continuously access the best drug prices without needing to re-implement their pharmacy benefit plans or issue new cards, thereby avoiding disruptions for members. It uses the company’s JUDI platform, which centralizes pharmacy benefit workflows and provides full financial transparency.


Privacy and Security

McLaren Health Care (MI) restores its computer systems following an August 5 ransomware attack.


Sponsor Updates

  • Digital Health KC honors Bill Miller, CEO of CarePort Health parent company WellSky, as a corporate visionary during its Lumi Awards event.
  • Creekside Family Practice (TX) schedules 90% of its monthly appointments online using Healow patient engagement capabilities from EClinicalWorks.
  • Vyne Medical publishes a new customer success story, “Building Trust: Why a Major Tennessee Health System Stands Behind Vyne Medical’s Solutions.”
  • Meander Medisch Centrum in the Netherlands renews its contract with Agfa HealthCare for enterprise imaging for radiology and vendor neutral archive.
  • Capital Rx releases a new episode of The Astonishing Healthcare Podcast, “Prescription Rebates: Agreements, Guarantees, and More, with NPC’s John O’Brien, PharmD, MPH, and Julie Patterson, PharmD, PhD.
  • Consensus Cloud Solutions will exhibit at the Wyoming Hospital Association Annual Meeting August 27-28 in Casper.

Blog Posts


Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Contact us.

Monday Morning Update 8/26/24

August 25, 2024 News 3 Comments

Top News

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Publicly traded healthcare software vendor Evolent Health is reportedly considering acquisition offers from several private equity firms and insurer Elevance Health.

EVH shares are up 32% in the past year, having risen sharply since being down 44% in early July. The company’s market cap is nearly $4 billion. 


Reader Comments

From Poignant: “Re: Department of Justice looking at software algorithms for doing crime. Any chance that insurance companies might be looked at for using algorithms to issue denials and rejections?” It’s possible. One company that DoJ is looking at is RealPage, which it accuses of price-fixing in the apartment rental market by helping ling landlords set rent prices that the market will bear for 3 million apartments. DoJ says that practice thwarts competition via a coordinated effort, but RealPage says exactly the opposite in touting its ability to encourage competition. The issue and the pro-con arguments are nearly exactly the same as in healthcare payer cost management software vendor MultiPlan, which raises another red flag by taking a cut of the cost savings that are involved in recommending that payers underpay provider bills. The deputy attorney general implies that it’s a blurry line between analyzing market and competitor data to set prices versus colluding in a room: “Algorithms don’t exist in a law-free zone. Training a machine to break the law is still breaking the law.”

From Dirk Diggler: “Re: Epic and Vot-ER. Was that Epic integration announcement on Vot-ER’s site from April 2024? Wasn’t this an Epic April Fool’s phony item?” Here’s the Wayback link to the archived page. I’ve watched Epic’s April 1 announcement for years and I don’t remember this item, not to mention that it was on Vot-ER’s site and not Epic’s. The announcement mentions an “optional build” for Epic sites to integrate voter registration reminders from Vot-ER. Newsmax interviewed hard right Texas physician Kat Lindley, DO, who claims that Vot-ER provides “a script for undocumented patients on how to register to vote,” after which the host then claims that psychiatric hospitals are registering their patients and “potentially taking advantage of those folks for political purposes.” See below for Vot-ER’s response after reading the HIStalk mention last week.


HIStalk Announcements and Requests

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Poll respondents chose the items above as most important in their decision to take a new job. Chosen by nearly none of them were advancement opportunities, a desirable relocation involved, and non-salary benefits. Bob noted that a valid option would have been seeking a job with a company where he could make a difference.

New poll to your right or here, tangentially related to last week’s poll: How does your company’s culture compare today to a year ago?


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Welcome to new HIStalk Gold Sponsor CliniComp. The company is an innovative technology pioneer that has served customers globally for over 40 years with continual advancement in delivering a cutting-edge electronic health record (EHR) solution suite. CliniComp uniquely offers a System as a Service (SYaaS) model, eliminating the exorbitant cost of ownership with rapid deployment of all system components, hardware, software, and 24/7 support, as a complete package of services for the life of the customer. The company was selected in 2024 as winner for the “Best Electronic Health Record Service” in the MedTech Breakthrough Awards program, recognizing the breakthrough technology innovation of CliniComp’s SYaaS unique and superior model. The CliniComp solution is an integrated web-based EHR with an architectural framework conquering ever-evolving interoperability, scalability, adaptability, and real-time performance data challenges to provide a longitudinal patient record. Designed by clinicians for clinicians, CliniComp’s EHR provides an intuitive and seamless user interface and has earned an unrivaled record of performance and reliability with no planned downtime for decades in the most complex high-acuity hospital environments. Thanks to CliniComp for supporting HIStalk.


Webinars

September 10 (Tuesday) noon ET. “Overcoming Hurdles in Specialty Med Access Under Medical Benefits.” Sponsor: DrFirst. Presenters: Drew Hunsinger, VP of corporate business development, DrFirst; Tyler Wince, MEd, VP of product and technology specialty solutions, DrFirst. More specialty medications, which made up 80% of FDA’s new drug approvals last year, are falling under medical benefits, which challenges the patient care processes and efficiency of providers. Medication access experts will discuss how automation and unified medication management solutions can ensure better outcomes for patients and providers by addressing patient access hurdles and enhancing the ‘stickiness’ of EHRs. They will also provide insights into how regulatory changes such as interoperability and prior authorization mandates will affect healthcare stakeholders.

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


Announcements and Implementations

Cognizant-owned TriZetto sues Infosys, claiming that the company stole trade secrets related to TriZetto’s Facets and QNXT health insurance software .


Government and Politics

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Vot-ER Executive Director Aliya Bhatia, MPP emailed me after seeing my mention of the Newsmax piece on Epic’s integration with Vot-ER. Her key points:

  • Vot-ER is non-partisan. Its 350 health organization partners include the AMA and Penn Medicine.
  • “The various claims in the Newsmax piece —  that non-citizens can register through Vot-ER (they can’t), that doctors ask about political affiliation (we forbid this), that Epic made an announcement about Vot-ER (they didn’t — we simply shared the modular addition that Epic customers can incorporate into Epic’s highly configurable system) — these claims are false. The technology we use asks eligibility questions that reject non-citizens and ensures only citizens complete registration. Additionally, in states where online registration is possible, we direct individuals to the Secretary of State websites which each have clear and strict eligibility guidelines.”
  • The 1993 National Voter Registration Act encourages healthcare-based voter registration. Health systems are trusted venues that serve people who may have barriers accessing registration elsewhere.

Other

ProPublica asks 500 psychologists, psychiatrists, and therapists why they left health insurance networks, creating an artificial “shortage” in which half of insured Americans who have mental illness can’t access treatment unless they pay out of pocket:

  • Insurance companies restricting coverage and delaying and/or denying treatment.
  • The companies urge providers to reduce care even when their patients are suicidal.
  • Providers struggled to stay in business as insurers paid months late or required endless hours of phone holds and faxed documentation. Some providers said they waited years for a check.
  • Cigna outsourced its provider service work to a Philippines-based call center, where employees lack access to the company’s claims system and struggle with English medical terminology.
  • Medicare pays mental health clinicians less than medical providers, resulting in physician assistants being paid 20% more than psychiatrists for the same office visit.

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ED doctor Sam Ghali, MD notes the NewYork-Presbyterian-created Spotify playlist of 100 BPM, CPR-paced songs.


Sponsor Updates

  • Nordic releases a new “Designing for Health” podcast, “Interview with Adam Carewe, MD.”
  • The “Outcomes Rocket” podcast features Ann Louise Puopolo, chair of the customer advisory board at RLDatix, “The Future of Healthcare Staffing.”
  • Waystar will exhibit at the EClinicalWorks Los Angeles Day Show August 28.
  • VisiQuate celebrates its 15th anniversary.

Blog Posts


Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Contact us.

News 8/23/24

August 22, 2024 News 3 Comments

Top News

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Home testing kit vendor LetsGetChecked will acquire pharmacy fulfillment company Truepill in a deal worth $525 million.

The acquisition involves just $25 million in cash for Truepill, which was once valued at nearly $2 billion, with the remainder in shares and possible earn-outs. Both of the money-losing companies are backed by Optum Ventures.

Truepill settled DEA charges in November 2023 that it was filling huge quantities of prescriptions for Adderal from telehealth companies such as Cerebral, whose prescribers in some cases were not appropriately licensed. That was right after the company reported a data breach that exposed the information of 2.4 million patients.


Reader Comments

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From 404_NotFound: “Re: MyChart and Vot-ER. Vot-ER’s Shopify site has a now-defunct URL for downloading a ‘toolkit adding non-partisan voter registration into Epic’s MyChart.’” I found an archived page above from April 2024 on the Vot-ER website that announces its Epic integration. It’s hardly a smoking gun for the claims of Newsmax that giving patients a way to register to vote creates a scenario where “millions of illegals and non-citizens passing through safety net hospitals who serve lower income and undocumented could be registered to vote.” Meanwhile, Rep. Chip Roy (R-TX) saw the Newsmax story and has sent letters to Epic CEO Judy Faulkner and the director of Vot-ER to say, “Specifically, as evidence non-citizens have illegally registered to vote in federal elections mounts throughout the country, I write to inquire about the steps your organizations are taking to ensure non-citizens do not register to vote under your joint effort.”


HIStalk Announcements and Requests

Epic UGM attendees: what was the most important company news or announcement that you heard? Did anything change your perception of the company’s direction or strategy? Let me know.


Webinars

September 10 (Tuesday) noon ET. “Overcoming Hurdles in Specialty Med Access Under Medical Benefits.” Sponsor: DrFirst. Presenters: Drew Hunsinger, VP of corporate business development, DrFirst; Tyler Wince, MEd, VP of product and technology specialty solutions, DrFirst. More specialty medications, which made up 80% of FDA’s new drug approvals last year, are falling under medical benefits, which challenges the patient care processes and efficiency of providers. Medication access experts will discuss how automation and unified medication management solutions can ensure better outcomes for patients and providers by addressing patient access hurdles and enhancing the ‘stickiness’ of EHRs. They will also provide insights into how regulatory changes such as interoperability and prior authorization mandates will affect healthcare stakeholders.

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


Acquisitions, Funding, Business, and Stock

Healthcare marketplace operator Sesame will sell compounded semaglutide – the active ingredient in weight loss drugs Wegovy and Ozempic – for $249 per month  versus the $1,000 per month cost of the brand name products. The price includes care from the patient’s choice of Sesame’s providers. The CEO, however, emphasizes that the program is temporary, as selling compounded versions of the brand-name products is legal only during an FDA-declared shortage.

AI-powered mental health chatbot vendor Slingshot AI reportedly raises $30 million in funding, valuing the company at $220 million.

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The chief pharmacy officer of Walgreens lays out the company’s plans to enhance the services that are provided by its drugstores to offset declining prescription reimbursement:

  • Convince the federal government to allow pharmacists to bill Medicare as providers for treating certain conditions.
  • Negotiate with payers to increase compensation for providing extra services.
  • Fill prescriptions from offsite fulfillment centers to give in-store pharmacists more time to work with patients.
  • Allow customers to schedule testing, treatment, and vaccination appointments from a global appointment scheduler with QR code check-in.

China-based online healthcare services operator Ping An Healthcare Technology posts its first-ever profit, which it attributes to higher demand and its use of AI to assist with diagnosis, treatment, prescribing, and creating medical records. The company has delivered 1.3 billion consultations to its 440 million registered users and partners with 3,000 hospitals and 208,000 pharmacies that perform one-hour prescription delivery 24×7 in 150 cities.


Sales

  • Atlantic Health will expand its use of WellSky’s CarePort Insight and CarePort Connect to improve its performance in value-based contracts.

People

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Healthcare IT Leaders promotes Justin Couch, MBA to COO.


Announcements and Implementations

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Healthcare Growth Partners publishes a free, downloadable white paper that covers due diligence topics in health IT investment, liquidity event, or acquisition. It’s pretty packed with information in summarizing the issues that the banking and advisory firm has seen in advising and leading 140 transactions worth $5 billion. I always enjoy their reports, which cover complex business and economic topics with just the right amount of simplification for non-experts like me.


Government and Politics

The Indian Health Service will launch its first Oracle Health pilot in 2026 as it replaces its 40-year-old RPMS EHR in a 10-year, $2.5 billion project.

A federal judge in Texas blocks the Federal Trade Commission’s ban on non-compete agreements that would have taken effect on September 4, setting up a likely higher court review based on a conflicting ruling from another federal court.


Privacy and Security

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A Kentucky man is sentenced to six years in prison for hacking into Hawaii’s death registry system to declare himself dead using a stolen doctor’s login, which would then allow him to avoid paying child support. The man also used stolen credentials to breach corporate and government networks, then offered to sell logins on the dark web.


Other

AMIA posts a job opening for CEO following the February 2024 departure of Tanya Tolpegin, MBA after three years in that role.


Sponsor Updates

  • Availity releases a new episode of the “Availity on Air” podcast, “Embracing Innovation in Healthcare: Highmark Health.”
  • Wolters Kluwer Health adds “Client Cases for Clinical Judgment” to the Lippincott Partnership for Nursing Education and Testing family of offerings for pre-licensure nursing education programs.
  • EClinicalWorks releases a new podcast, “Cutting Costs and Improving Care Seamlessly.”
  • Findhelp welcomes Somos Community Care (NY), Delta Dental of Michigan, Davis County Government (UT), and The Cornerstone Resource Center (UT) to its network.
  • Healthcare IT Leaders releases a new “Leader to Leader” podcast, “Leading a Digital Transformation.”
  • Optimum Healthcare IT publishes a case study titled “Optimum CareerPath Powers Switchboard, MD Growth.”
  • The “InterOp Now!” podcast features InterSystems Director of Healthcare Solution Innovation Alex MacLeod, “The Future of Clear and InterSystems with Jason Sherwin and Alex MacLeod.”
  • Konza National Network CEO Laura McCrary will speak at the WEDI National Conference October 11 in Washington, DC.
  • Med Tech Solutions will exhibit at the NACHC CHI & Expo August 24-26 in Atlanta.
  • MRO will exhibit at the E-Solutions Xchange Conference August 25-28 on Amelia Island, FL.
  • NeuroFlow publishes a new case study, “The Villages Health Amplifies the Impact of its Integrated Care Program Using NeuroFlow.”

Blog Posts


Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Contact us.

News 8/21/24

August 20, 2024 News 3 Comments

Top News

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Providence will hire an additional 2,000 staff at its IT hub in India by the end of 2025, bringing its total headcount to 3,500.

Providence India manages a variety of enterprise IT applications and innovation projects for the multi-state health system. It plans to offer services to other US providers.


Reader Comments

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From EHR Door Drop: “Re: Oracle Health. Driving customers to Epic?” Oracle Health took the low road in trolling Epic UGM attendees with its vague message. Few of the hardcore Epic users who attend UGM are unaware of Cerner, having rejected it previously and having little interest in revisiting that decision. For real shock and awe, Oracle should have launched one of those fireworks-like drone shows in the skies above the UGM campfire with Larry Ellison barrel-rolling in his personal MiG-29.

From Meanderer: “Re: Epic. Announced at UGM that it will provide full consulting services.” A couple of of folks told me this. Meanwhile, I’ll register a minor grammatical quibble that Epic is spelling the UGM’s name as “Storytime” instead of the correct “Story Time” in some (but not all) graphics.


HIStalk Announcements and Requests

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Welcome to new HIStalk Gold Sponsor Med Tech Solutions (MTS). The company creates innovative technology systems that put the unique needs of each healthcare organization at the center of its work across the full IT journey. MTS services are supported by dedicated IT Care Teams to ensure technology systems support essential clinical workflows and strategic business plans. Provider organizations and networks can count on a secure, reliable IT infrastructure, optimized clinical and business applications, and full end-user support so they can focus on patient care. Founded in 2006, MTS serves thousands of healthcare provider organizations nationwide. The company is the top-ranked IT services firm for healthcare organizations on the elite Channel Futures MSP 501 list and has been recognized as a 2023 CRN Pioneer 250 Honoree. MTS has achieved HITRUST Risk-based certification for its cloud platform, demonstrating a proactive approach to cybersecurity, data protection, and risk management. Thanks to Med Tech Solutions for supporting HIStalk.


Webinars

September 10 (Tuesday) noon ET. “Overcoming Hurdles in Specialty Med Access Under Medical Benefits.” Sponsor: DrFirst. Presenters: Drew Hunsinger, VP of corporate business development, DrFirst; Tyler Wince, MEd, VP of product and technology specialty solutions, DrFirst. More specialty medications, which made up 80% of FDA’s new drug approvals last year, are falling under medical benefits, which challenges the patient care processes and efficiency of providers. Medication access experts will discuss how automation and unified medication management solutions can ensure better outcomes for patients and providers by addressing patient access hurdles and enhancing the ‘stickiness’ of EHRs. They will also provide insights into how regulatory changes such as interoperability and prior authorization mandates will affect healthcare stakeholders.

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


Acquisitions, Funding, Business, and Stock

Premier announces Q4 results: revenue up 3%, EPS $0.69 versus $0.68, beating Wall Street expectations for both. PINC shares are down 9% over the past 12 months, valuing the company at $2.1 billion.

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Sleep apnea-focused digital healthcare company Ognomy raises $6.8 million in seed funding.

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Hospital supply chain automation company Clarium announces $10.5 million in new funding and the GA of its new Astra OS workflow software and data ecosystem.


Sales

  • Akron Children’s will make the Woebot for Adolescents chat app for mental health available via clinician referral.
  • Graves Gilbert Clinic (KY) selects analytics and data management services from Ancore Health.
  • Doncaster and Bassetlaw Teaching Hospitals NHS Foundation Trust will implement Agfa HealthCare’s Enterprise Imaging Radiology Information System across its five facilities in England.
  • In Idaho, Clearwater Valley Health and St. Mary’s Health will implement a shared Meditech Expanse EHR system.
  • BayCare (FL) will work with chronic care management company Cadence to launch a remote patient monitoring and virtual care program for seniors.

People

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Divurgent names Dean Boyd (Futura Healthcare) VP of client services.

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Sara Braner (ROI Healthcare Solutions) joins Cordea Consulting as VP of sales.


Announcements and Implementations

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Bingham Healthcare (ID) will use a $110,000 grant to launch telepharmacy services at its Pocatello location and teleneurology and virtual behavioral healthcare consults at Bingham Memorial Hospital’s ER.

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Mayo Clinic describes its use of an artificial knee whose internal sensor monitors the user’s recovery by measuring range of motion, steps, and stride.


Government and Politics

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The VA highlights the impact that telehealth services have had on patient care at its outpatient clinic in rural North Platte, NE. Patients have been able to access care closer to home across 50 specialties via virtual connection to providers in multiple states.


Other

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WVU Medicine’s JW Ruby Memorial Hospital implements an EHR alert developed internally by Chris Justice, RN, that notifies physicians, pharmacists, and advanced practice providers of co-existing acute kidney injury and nephrotoxic medications. Justice says the alert has resulted in the discontinuation of more nephrotoxic medications; and a reduction in length of hospital stay, acute kidney injury severity, and number of patients requiring dialysis.

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The American College of Medical Informatics (ACMI) bestows its 2024 Morris F. Collen Award of Excellence to Atul Butte, MD, PhD, UCSF professor and director of the Bakar Computational Health Sciences Institute. 

Liberty Regional Medical Center in rural Georgia hopes to offer its Mom’s Heart Matters remote patient monitoring program for pregnant and post-partum mothers to other hospitals in the state. The program, which uses technology from GoMo Health, has helped LRMC clinicians intervene before cardiac-related post-partum complications become life-threatening.

The 7,000 visitors expected to descend on Epic’s Verona campus and the greater Madison, WI, area this week for the company’s user group meeting are expected to generate $8.2 million in local spending.


Sponsor Updates

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  • CloudWave sponsors the Firelands Health 2024 “Caddyshack” Open golf outing benefiting cancer patient care.
  • Wolters Kluwer Health announces the launch of UpToDate Digital Medication Education and UpToDate Consumer Education, two new pharmacy solutions from UpToDate Digital Architect.
  • Alpha II will exhibit at the MedInformatix Summit through August 22 in New Orleans.
  • The Nerds MD Podcast features Augmedix founder, Director, and Chief Strategy Officer Ian Shakil, “From Google Glass to AI Scribes: The Augmedix Journey.”
  • Availity highlights prior authorization modernization on HIMSStv.
  • Mount Sinai Queens (NY) expands its AvaSure implementation with two additional Telesitter cameras.
  • Capital Rx releases a new episode of “The Astonishing Healthcare Podcast” titled “Dissecting Pharmacy Cost Drivers and the Value of PMPM, with Kristin Begley, PharmD, and Mike Miele, FSA, MAAA.”
  • Waystar wins multiple Stevie Awards in the categories of best company of the year, best payment solution, digital automation, and AI and machine learning healthcare applications.
  • Clinical Architecture celebrates its 17th anniversary.
  • Amenities Health will participate in the Microsoft for Startups Pegasus Program.

Blog Posts


Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Contact us.

Monday Morning Update 8/19/24

August 18, 2024 News 4 Comments

Top News

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Epic expects all of its customers to go live on TEFCA by the end of 2025 using its Epic Nexus QHIN.

The company says that all of its hospitals use Carequality, but national participation is 70% and TEFCA “is the nation’s best opportunity to get the remaining 30% of US hospitals off the sidelines.”


Reader Comments

From Anonymouse: “Re: Anthem / Elevance Health. Another huge RIF. Word on the street is 12% of the total workforce, hitting people working on government plans and technology supporting them hardest. Behavioral Health was decimated. This follows one in February and one from September of last year, and there is due to be another one this Thursday (8/22). The hot goss is that per leadership, ‘if you’re not talking AI’ your head is on the block.” Lots of online employee chatter about this. ELV shares are up 18% in the past 12 months, valuing the health benefits company at $126 billion.


HIStalk Announcements and Requests

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Personal connections are pretty important for landing a job. Poll respondents had less success with recruiters, LinkedIn, and social media exposure.

New poll to your right or here: Which factor would be most important in deciding to take a new job?


Webinars

September 10 (Tuesday) noon ET. “Overcoming Hurdles in Specialty Med Access Under Medical Benefits.” Sponsor: DrFirst. Presenters: Drew Hunsinger, VP of corporate business development, DrFirst; Tyler Wince, MEd, VP of product and technology specialty solutions, DrFirst. More specialty medications, which made up 80% of FDA’s new drug approvals last year, are falling under medical benefits, which challenges the patient care processes and efficiency of providers. Medication access experts will discuss how automation and unified medication management solutions can ensure better outcomes for patients and providers by addressing patient access hurdles and enhancing the ‘stickiness’ of EHRs. They will also provide insights into how regulatory changes such as interoperability and prior authorization mandates will affect healthcare stakeholders.

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


Sales

  • Florida Orthopaedic Institute chooses HealthMark Group for release of information.

People

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Stephanie Wallace (Huntzinger) joins HealthNet Systems Consulting as VP of sales and marketing.

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Pivot Point Consulting, a Vaco Company, hires Nick Patel, MD (Children’s Hospital of Philadelphia) as physician executive partner.


Announcements and Implementations

Press Ganey expands its PX Connect Suite that includes the ability to collect patient surveys via Epic’s MyChart and NLP-powered summarization of patient comments. Early adopters were Vanderbilt University Medical Center and New York University Langone Health.

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Epic posts Volume 2 of its Epic Almanac, which includes articles on the company’s use of AI, a review of its international business, photos of its offices around the world, a behind-the-scenes look at its all-hands monthly staff meetings, and fun pieces on its artwork and culinary team recipes.


Government and Politics

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Hard right TV network Newsmax takes issue with Epic’s connectivity to Vot-ER that allows people to register to vote via MyChart, with the host questioning, “Is this setting up a scenario where millions of illegals and non-citizens passing through safety net hospitals who serve lower income and undocumented could be registered to vote?” Guest Katarina Lindley, DO — – a Croatia-educated Texas direct primary care operator — complains that psychiatric hospitals are registering people to vote who are incapable and also seems to veer off into other gripes as she cites an unnamed physician who she claims intentionally misdiagnoses conservative patients. UPDATE: an Epic spokesperson provided this company response:

Software provided by Epic to customers does not collect voter registration information or connect to any voter registration organization or voter registration website. There is no partnership between Epic and any voter registration organization. We are not aware of any customer configuring their instance of Epic to collect voter registration information. If a customer chooses to engage in voter registration efforts or partner with a voter registration organization, it is up to them.


Sponsor Updates

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  • Symplr employees help Gladiola Elementary School staff in Grand Rapids, MI, prepare for the new school year.
  • ZeOmega adds Wolters Kluwer Health’s UpToDate member education solutions to its Jiva member engagement navigator platform.
  • Tegria will sponsor and present at Meditech Live September 25-27 in Foxborough, MA.
  • Waystar will exhibit at the MedInformatix Summit August 20-22 in New Orleans.

Blog Posts


Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Contact us.

News 8/16/24

August 15, 2024 News Comments Off on News 8/16/24

Top News

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The private equity owner of healthcare consulting firm Chartis sells a majority stake to private equity firm Blackstone.

Insiders say that the deal values Chartis at about $1.4 billion.

The 23-year-old Chartis has 1,000 employees.


Reader Comments

From Fine Corinthian: “Re: LinkedIn. It has become a podcast marketplace.” I would say that maybe 25% of my feed involves someone announcing that they are hosting or guesting on a podcast. Sometimes both, in the puzzling decision for one podcast host to interview another, although maybe it’s inevitable since it seems that everyone has one. For LinkedIn, if each participant publicizes it before and after, that’s a lot of content that I ignore.


Webinars

September 10 (Tuesday) noon ET. “Overcoming Hurdles in Specialty Med Access Under Medical Benefits.” Sponsor: DrFirst. Presenters: Drew Hunsinger, VP of corporate business development, DrFirst; Tyler Wince, MEd, VP of product and technology specialty solutions, DrFirst. More specialty medications, which made up 80% of FDA’s new drug approvals last year, are falling under medical benefits, which challenges the patient care processes and efficiency of providers. Medication access experts will discuss how automation and unified medication management solutions can ensure better outcomes for patients and providers by addressing patient access hurdles and enhancing the ‘stickiness’ of EHRs. They will also provide insights into how regulatory changes such as interoperability and prior authorization mandates will affect healthcare stakeholders.

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


Acquisitions, Funding, Business, and Stock

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Precision surgery platform vendor Caresyntax raises $180 million in a Series C funding round


Sales

  • Kaiser Permanente will implement Abridge’s ambient documentation product in its 40 hospitals and 600 medical offices, apparently ending its highly touted pilot of Nabla at The Permanente Medical Group.
  • Northwestern Medicine will implement Nuance DAX Copilot.

People

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Leidos hires Kris Mork, PhD (Guidehouse) as chief data officer.

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Digital pathology AI vendor Paige promotes Razik Yousfi to CTI/CEO. Former CEO Andy Moye, PhD will leave the company.


Announcements and Implementations

Trilliant Health releases a free version of its provider directory that contains the basic information of 2.9 million US providers that has been updated and corrected by analyzing claims data.


Privacy and Security

Diagnostic testing firm Enzo Biochem will pay $4.5 million to New Jersey, New York, and Connecticut after the data of 2.4 million patients was compromised by hackers who used login credentials that had been shared among employees. One of the passwords used by the hackers hadn’t been changed in 10 years. The company didn’t notice the intrusion for several days due to lack of system monitoring.


Sponsor Updates

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  • HealthMark Group staff volunteer at the North Texas Food Bank during the company’s annual volunteer day.
  • Bali International Hospital will implement the InterSystems TrakCare EHR platform.
  • Optimum Healthcare IT expands its Workday staffing service to Canada.
  • FinThrive will present at the Lone Star HFMA Summer Conference August 22 in Irving, TX.
  • Health Data Movers posts a new episode of the “QuickHITs” podcast with Chris O’Connor, CEO of Yale New Haven Health.
  • Optimum Healthcare IT’s ServiceNow Business Implementation services earns high customer satisfaction in a recent KLAS First Look Report.
  • Fortified Health Security names Aditya Jadhav threat analyst shift lead, Todd Cronin senior penetration tester, and James Stevenson director of people and culture.

Blog Posts


Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Contact us.

News 8/14/24

August 13, 2024 News 2 Comments

Top News

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Global conglomerate Hearst will acquire healthcare workforce management software vendor QGenda in a deal that is valued at up to $3 billion.

Insiders say the deal gives seller Francisco Partners a 15x return on its eight-year investment.

QGenda will become part of Hearst Health, a network of businesses that includes First Databank, Zynx Health, and Homecare Homebase, among others.


Reader Comments

From Ephemeron: “Re: acquisitions. Your sponsors seem to get acquired frequently, often by another sponsor. Have you analyzed those transactions to determine why that might be?” I haven’t, because only insiders know the genesis of the M&A, although I generally assume that the seller has come to profitable terms with the buyer in what would be consider a successful exit. As far as correlation, I like to think (having no proof whatsoever) that companies who are mentioned on HIStalk, whether sponsor or not, draw attention from potential acquirers or might be more aggressively seeking it. I suppose a third possibility is that I have enough sponsors that it’s likely that the industry consolidation dart will eventually hit a given company’s bullseye. 


Webinars

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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Medical device and equipment manufacturing company Stryker will acquire Care.ai, which specializes in smart healthcare facility and virtual care technologies. Stryker acquired healthcare communications technology vendor Vocera in 2022 for $3 billion. Care.ai co-founder and CEO Chakri Toleti sold his previous venture, HealthGrid, to Allscripts in 2018 for $60 million.

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The Federal Trade Commission shuts down HeHealth’s Calmara, a sexual health app that offered to help “all penis owners” who suspect they have an STD by letting them scan and submit photos for AI analysis. The $10 service was panned from the beginning for lack of medical evidence, poor AI training, and unconvincing privacy policies.

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Augmedix files what is likely its final quarterly report as a public company as it awaits closing of its $139 million acquisition by Commure: revenue up 27%, EPS –$0.16 versus –$0.12, falling short of analysis expectations for both. AUGX shares have lost 48% in the past 12 months, valuing the company at $111 million.

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CareCloud reports Q2 results: revenue down 4%, EPS $-0.14 versus –$0.37, exceeding estimates for both. CCLD shares are up 23% in the past 12 months, although down 39% from their mid-June high, valuing the company at $36 million.

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Insiders report that Veradigm has received bids for a potential sale of the company following its announcement that it is seeking strategic alternatives. MDRX shares are quoted on the over-the-counter market (OTCMKTS) following their February 2024 delisting by Nasdaq for failing to file financial reports due to accounting software problems.

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Doximity reports Q1 results: revenue up 17%, EPS $0.22 versus $0.15, beating expectations for both and sending shares up sharply to a 52-week high. DOCS shares are up 49% in the past 12 months, valuing the physician collaboration company at $6.6 billion.

Bankrupt Steward Health Care will sell its Stewardship Health physician group to a private equity-backed firm for a reported $245 million, subject to legal approvals. The acquiring entity, Nashville-based Rural Healthcare Group, was formed in 2022 and operates 17 clinics in North Carolina and Tennessee.


Sales

  • Ascension St. Thomas (TN) will make Suki’s AI healthcare assistant software available to its clinicians and second- and third-year internal medicine residents.
  • UChicago Medicine selects Loyal’s provider directory listings management software.
  • Indonesia-based PT Pertamedika Bali Hospital goes live on InterSystems TrakCare.

People

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Hippocratic AI names Amy McCarthy, DNP (Texas Health Resources) chief nursing officer.

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Hospital for Special Surgery (NY) will welcome Ashis Barad, MD (Allegheny Health Network) as its first chief digital and technology officer on September 10, when it also will promote Elizabeth Pearlman, MBA, MPH to CIO.


Announcements and Implementations

Innovaccer announces GA of AI-powered data and analytics solutions for government health organizations.

Telehealth platform vendor Caregility adds fall risk alerting for patient rooms, powered by AI-analyzed video.


Government and Politics

A UX pilot program reduces the number of clicks needed to send an email between VA and DoD staff at the Lovell Federal Health Care Center from 35-plus to just two, a feat the IT team believes bodes well for overcoming the challenges the facility is facing with its new, joint Oracle Health EHR. Prescription fulfillment, for example, has been hampered by what end users have deemed poor software functionality.

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US Air Force Colonel Thomas Cantilina, MD — deputy MHS Genesis functional champion at the Defense Health Agency and former chief health informatics officer — reflects on his time overseeing roll out of the EHR across DoD facilities as he prepares for retirement in October, noting that the entire project was more about change management than technology: “It’s easy to say, ‘If only the system did this,’ and get caught up in trying to achieve the ideal. It’s better to think, ‘How can we make what we have work a little better?’ You run into trouble when you search only for the perfect solution rather than work to improve upon what you have. Perfection is the enemy of getting better.”

Micky Tripathi, PhD, MPP explains in a blog post under ONC’s new name of Assistant Secretary for Technology Policy (ASTP) how HHS’s alignment policy will require the procurement processes that it funds to consider only technology that meets HHS standards in the interest of interoperability. 


Privacy and Security

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McLaren Health Care (MI) works to restore IT systems taken offline during last week’s ransomware attack, according to the health system’s August 12 update. While the majority of clinical services are running normally, some facilities are still diverting ambulances. Meanwhile, some McLaren employees (presumably those in non-patient-facing roles), complain that the health system has told them to use PTO or go without pay for their days missed while computers systems have been down.


Other

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Researchers find that emergency medicine physicians are sifting through more voluminous patient notes than ever, in some cases with a “War and Peace” length of 500,000 words.

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Missouri county commissioner Jason Withington, who spent 15 years as a Cerner system engineer, is not happy about Oracle’s handling of its Cerner acquisition.


Sponsor Updates

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  • Availity’s Growing Future Leaders group volunteers with The Giving Project at a local back-to-school pop-up shop, donating $680 worth of clothing for students in need.
  • Jade-Weser will implement Agfa HealthCare’s Orbis HIS across its hospital group in Germany.
  • Arcadia will present at Medicaid Enterprise Systems Conference 2024 August 14 in Louisville.
  • Artera will exhibit at the NACHC CHI & Expo Conference August 24-26 in Atlanta.
  • Ascom launches Telligence 7, the latest version of its nurse-call system for acute care.
  • Biofourmis publishes a new whitepaper, “Unlocking Hospital Capacity with Innovative Care at Home Strategies.”
  • Capital Rx releases a new episode of The Astonishing Healthcare Podcast, “Plan Sponsors Need a Source of Truth; Get Your Data Now & Find It, with Jeff Hogan.”
  • Consensus Cloud Solutions publishes a new whitepaper, “3 Reasons Healthcare Systems Should Invest in AI Technology Now.”

Blog Posts


Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Contact us.

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