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HIStalk Interviews Brian Yarnell, President, Bluestream Health

February 17, 2022 Interviews Comments Off on HIStalk Interviews Brian Yarnell, President, Bluestream Health

Brian Yarnell is founder and president of Bluestream Health of New York, NY.

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Tell me about yourself and the company.

I got started in healthcare 10 years ago. Prior to that, I worked in digital media, consumer behavior, and data-driven analysis for retail, manufacturing, marketing, and sales. I have quite a bit of background dealing with consumers and big data. I sold my first health tech company about seven years ago to Hillrom. That was a business called Starling, where we built a replacement for a nurse call system that routed out throughout the hospital and used intelligent workflows.

We shifted gears and founded Bluestream after that, with the idea of figuring out a better way to bring real people, through video, to a patient’s bedside. At the time, we didn’t really anticipate what was going to happen outside the hospital. We were thinking through how we could better provision these relationships between a remote provider and a patient.

Providers rushed to offer telehealth services via whatever video platform was quick and easy to roll out, but the novelty of interacting with patients by video has worn off. What virtual health platform capabilities are needed to provide a good patient and clinician experience?

Things have evolved fairly quickly. I think of it as a continuum. Those technologies that you mentioned were effectively video, which is a commodity at this point. Beyond the basic video connection, things have evolved from telehealth all the way to what I would call virtual-first healthcare. If you think of it in that context, the video piece is the last mile, but it’s really about opening up front doors for patients and meeting them where they are and how they want to be engaged.

The idea of patient portals and downloadable apps has generally not succeeded. The big things that people ought to be focusing on for virtual care is, how do you get in front of a patient, wherever that patient is, and however that patient feels like engaging? Then for clinicians, starting to take some of these brick-and-mortar workflows and make them virtual so that you can do all the great things that you might do in person, but do them remotely.

What elements of a virtual visit most strongly affect patient satisfaction?

We recently added Net Promoter Score, thinking about my marketing background prior to healthcare, to the platform. We know specifically what impacts patient satisfaction. It’s not just the bedside manner of the clinician. It’s what happens when somebody shows up a day early, an hour early, or 20 minutes early for an appointment. You can’t leave people in limbo. You have to be “consumery” in terms of how you engage folks and walk them through this process, even if they show up at the wrong time.

Making experiences that feel like a consumer-driven website. Give people information, expectations, and tools to engage, even if they are not necessarily at the front door at the right time. Then, post-visit, what happens when you wrap up with a clinician? What happens when something goes off the rails and you have to reconnect? All along the way, from showing up early or showing up on time to the visit, dropping the visit, concluding the visit, providing a real framework that still hand-holds the patient and has that consumery feel without being overly technical, overly burdened with lots of bells and whistles.

What virtual options can be offered to patients who have limited technology or bandwidth?

One of the things that we’ve seen as being successful is getting folks like MAs and assistants to tee up the call for physicians. You certainly don’t want the physician troubleshooting cameras, networks, and things like that. But you can have lower-cost, higher-availability resources work with the patient first and do a handoff.

But as you said, some folks aren’t going to get there in terms of tech. What we’ve seen be successful is automation to reconnect these people, to literally point out where you have to click to accept camera permissions. But some folks, like my mom, will never get there, and in those cases, you have to be willing to work with telephones. We’ve seen people doing emergency medicine consults , ET3 [emergency triage, treat, and transport] programs where the reality is that a large portion of the population is going to pick up a phone and dial it. You have to be able to route those visits in with the same attention and same priority as the people who are fully into the smartphones and video.

Health systems initially saw virtual visits as a distraction that should be turfed off to third-party companies that provided not only the platform, but the providers. Now that virtual visits are here to stay, are they treating them more like a full-fledged, branded patient experience?

Absolutely. You hit on a really important point. If you gave a hospital a $1.5 billion a year and a half or two years ago, they would have built a new wing. Now, they have to be thinking about how to build virtual experiences.

These vendors that you talked about that offered a lifeline of virtual visits with the provider network behind it will compete for those patient relationships with the hospitals as the world shifts towards more consumer-facing, on-demand care. The hospitals need to think about how to implement these programs to prevent their vendors from cannibalizing their core business. That becomes important in a transition into a value-based framework.

How does virtual health avoid becoming commoditized, where consumers see all encounters as equal and just choose the cheapest or first-available provider?

Consumers expect it immediately and pervasively. What you’re talking about is this preponderance of front doors that appear to come from all different places.

We and other vendors are starting to equip health systems and traditional healthcare delivery platforms with the ability to cast this wide net. Even though you may come through an insurance company’s website, a phone number on the back of your insurance card, a kiosk in a homeless shelter — very different experiences and a different type of front door — you’re going to start funneling those visits into a common pool provider. People like Teladoc have done that for years. The difference is that health systems are getting smarter about getting in that game and funneling visits from non-traditional places into their provider group.

Healthcare didn’t follow other businesses in looking at the lifetime value of acquiring and retaining a customer. Is that changing?

Absolutely. We have customers all across the spectrum, from people who just pay the bills of ambulatory visits to those who fully participate in these risk-based programs. The more sophisticated folks are looking at the cost of acquisition and  the cost of attrition.

What happens when a non-traditional player, such as Walmart, CVS, or Amazon, gets your patient? They’re not coming back. When you get into this modality where you are getting compensated for the cost of keeping the patient healthy, the lifetime value of patients goes up substantially. Smarter health systems, more strategic entities like some of the pay-viders, are playing that game of, how do you capture as many relationships as you can and keep them? Because you want to be on the winning side of that equation of people who are getting paid to manage a population effectively.

How does a health system’s marketing strategy change when those relationships are established during virtual visits and that involve consumers who may not require a health system’s services for a long time?

We’re seeing more sophisticated health systems, even the traditional ones, get smarter about using tools that let them take the providers they already have. A lot of them are large physician employers, and they have a pool of providers. What they don’t have is access to a patient until that patient has a heart attack or gets hit by a car. To empower those providers to get in front of patient, they are establishing commercial partnerships with large, self-insured employers, with insurance companies, and with municipalities that need healthcare coverage in housing projects and homeless shelters. Establishing lots of diverse front doors — whether it’s a walk-in clinic in the inner city or a health clinic in a Federally Qualified Health Center — and proactively identifying.

They cast a wide net to get patients. The branding might not even be their own, but they’ve got to be funneling those patients to the providers that they are already paying to be on the bench.

Are we in the early days of virtualizing the clinician workforce, where most of them already prefer to live in urban areas?

The hub-and-spoke model is a real thing, being able to have centers of excellence and making them accessible to remote communities, whether it’s because they are socioeconomically disadvantaged or because they are physically remote. The big risk is brain drain. You don’t want to be in a situation where you have no local providers who have expertise any more, because if somebody walks into a hospital and needs follow-up care, they want to have a good experience with a local community member. You’ll start seeing some of that shift into more urban hubs or more centralized hubs, and it’s a little bit of a risk.

Most people would be happy if virtual primary could deliver results equivalent to in-person visits. Are areas that can deliver arguably superior outcomes, such as behavioral health and chronic condition monitoring, drawing equally enthusiastic interest?

We do a lot of behavioral health. We do it inside acute settings, like emergency rooms and inpatient units, and we do it outside of acute settings. The big difference is, are you trying to keep someone out of the hospital and from incurring healthcare costs, or are you trying to adequately address somebody’s needs when they set foot in the door? Either case is a big one, low-hanging fruit with an event that has the potential to cost a lot of money and cause a lot of headaches if you don’t address it up front.

Behavioral health is a good one. We see the measurable impact with our customers and our partners. We can bring in a behavioral health expert, such as a clinical psychiatrist, to write an order for a patient in well under an hour, when in an ED, it might otherwise be a one-day or a three-day wait. It’s a big difference.

Outside the hospital, I would lump in behavioral health with access to things like emergency medicine, these mission-critical things that cause people to go to a hospital or to incur additional costs. We have 911 and ET3 programs that drive down the number of visits by 50%. It’s a big deal, and there’s a reason people are focusing there.

Are health systems interested in having their providers virtually help paramedics, long-term care, and home health providers who otherwise don’t have many options except to send the patient to the hospital’s ED?

Definitely, and even more so as you think about the systemic cost of care delivery. New York City Health + Hospitals is one of our customers. They tie directly into the 911 system. They deliver their services down into SNFs. They tie into first responder devices in ambulances and fire trucks. 

The underlying theme there is that they don’t want people going to the hospital. So when you dial 911 and it’s not life-threatening, they are going to get you in front of a clinician. If you need a paramedic, they’re going to try to get you virtually in front of a clinician. Even when you show up in person, they don’t want transport you, because the systemic cost of moving someone from a SNF back to the hospital is somewhere in the range of $10,000. You can absolutely prevent that from happening if you have the right safety net in place in terms of clinicians and folks like that.

What changes do you expect to see in the virtual visit concept and in the company’s business over the next few years?

What will drive the evolution of our business as a platform provider, and probably more importantly the business of traditional health systems and payers, is this shift towards value-based care and on-demand access to care. That’s just ubiquitous, and it will be painful for health systems to adapt to do that, because they are used to filling beds and physically getting their hands on people.

There are a lot of new folks coming into the market. Amazon and Walmert are better equipped to present consumers with what they want, when they want it. A lot of work will go into equipping these traditional providers with the tools to rise to meet consumers where they are. The mantra of the American consumer is that “I know what I want, and I want it now.” This notion of trying to make a better patient portal and that type of thing is never going to succeed. You have to give people what they want and then work out how to route these things intelligently and drive critical outcomes from them.

Comments Off on HIStalk Interviews Brian Yarnell, President, Bluestream Health

Morning Headlines 2/17/22

February 16, 2022 Headlines Comments Off on Morning Headlines 2/17/22

HHS Awards Nearly $55 Million to Increase Virtual Health Care Access and Quality Through Community Health Centers

HHS awards $55 million to 29 HRSA-funded community health centers to aid them in expanding their virtual care capabilities.

Ro Raises $150 Million from Existing Investors to Expand its Direct-to-Patient Healthcare Model

Virtual care company Ro raises $150 million in a funding round led by ShawSpring Partners, bringing its total raised to over $1 billion.

Equip Raises $58 Million Series B Funding Round to Revolutionize Eating Disorder Treatment

Equip, a virtual eating disorder treatment startup, raises $58 million in a Series B funding round.

Epitel Secures $12.5 Million Series A Financing for Wearable, Wireless EEG Monitoring System

Epitel, which specializes in seizure detection and remote patient monitoring, raises $12.5 million in a Series A funding round.

Comments Off on Morning Headlines 2/17/22

HIStalk Interviews Matt Scantland, CEO, AndHealth

February 16, 2022 Interviews 2 Comments

Matt Scantland is founder and CEO of AndHealth of Columbus, OH.

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Tell me about yourself and the company.

AndHealth is a digital health company that is focused on helping people reverse chronic illnesses. We started with migraine and are seeing patients for that now. We are soon launching for some of the most common and disruptive autoimmune conditions.

I’ve made a career of combining technology and healthcare. I started college thinking that I would be a doctor and ended up being a programmer, so I combined these two things in my career. Probably the biggest advantage that I have had is to have worked alongside an incredible team for my entire career, in some cases, literally going back to my internship in college. Many of these folks helped us build our last company, CoverMyMeds. They have been joined at AndHealth by a new group of telehealth experts and clinicians.

Each of us have our own “why” that we are at AndHealth. For me, I knew I had to do something like this because my own doctor helped me realize that I needed to participate in my healthcare. That was back in 2011, when my first son was born. At the time, I was busy with CoverMyMeds, but I knew that if I ever had a chance to do another company, I wanted it to be a company that helps support patients to participate in their own healthcare. That leads us to where we are today.

You intentionally use the term “disease reversal” as opposed to “disease management.” How do you distinguish those?

For many years now in our industry, we have focused on this idea of disease management, which is to try to tamp down the progression of cost and disease escalation. We now know that many chronic illnesses can be brought into remission if we can get the patient to change the behavior that is responsible for about 80% of our health. Once we understand that reversal is possible, the key question is, how do you achieve it? The answer is that you need to engage patients in a course of change. We have built a disease reversal company. We have built the whole business around how to support patients in making that change.

How does the approach differ from traditional office-based encounters?

The big idea is that we can get to reversal when we can get patients to participate. The core question then is, how do you get people to participate? We’ve built the company around what we’re calling a digital center of excellence that helps to make that participation easier. One important element of it is moving from delivery of care of that’s episodic and on-premise to one that is continuous and virtual.

For example, one of our early patients suffered from chronic migraine. She had moved around our healthcare system for years and years, never able to get to a state of disease remission and never able to figure out exactly, in the moment of a migraine, how to cope with the situation other than going to the emergency room. By moving this care to something that is continuous, we were able to dramatically shorten the feedback loop between trying a particular healthcare step and seeing whether it worked, to the point that we were able to optimize her acute medication and also identify the root cause of her migraine.

When we optimized the acute medication that kept her out of the emergency room, we had time then to work on actually reversing the disease. Her root cause ended up being a food intolerance issue that, despite many years in our healthcare system, had never been found. Once we were able to identify that food intolerance issue, we had moved this diffuse idea that we have around behavior such as “eat better” to the equivalent of a shellfish allergy, where just this one step was the difference between illness and health.

The tightness of that feedback loop makes it such that people with shellfish allergies almost never are eating shellfish. But compare that to someone with a cardiometabolic disease, where sticking to a nutritional program is hard. The only difference is how clear that feedback loop is. By moving to this style of care, we are able to shorten that feedback loop.

When we do that, we help the patient achieve a high return on effort. We don’t need to turn the patient into an Olympic athlete when we know the precise root cause of their illness. We just need to address that particular root cause. When we combine that with focusing on diseases that patients are highly motivated to solve, typically because of pain and disruption, then we are able to achieve a higher level of engagement than has ordinarily been seen in these digital health services, which have tended to focus on diseases that, while important, are pretty difficult to engage patients in early in the progression of the disease.

That’s why we started with migraine and autoimmune conditions. They share common root causes with these other illnesses. We can engage the patient in something they care about today because of the pain and disruption, but because of the shared root causes, we end up solving these other issues as a side effect.

Some of the app-focused programs assume that patients will change if offered education videos, scripted coaching, and reminders to modify their lifestyle. How much of your program will be based on psychology rather than technology?

We have built the DNA of the company around the science of how behavior happens. The more we have learned about that science, the more we have learned how big the opportunity is to do better. We do that by understanding the difference between health aspirations and health behaviors. The biggest lever that we have in our healthcare system to create behaviors that support health is to make them easier to do what we call create ability. For many people, we can create ability by making something that used to be time-consuming and expensive quick and inexpensive or free.

That psychology, building around the behavior design, is super important and is a through line in the company, from our technology to our business model and to the actual healthcare delivery. One important distinction between what we are doing at AndHealth and a lot of what has happened before is that we are actually the patient’s doctor rather than a wellness app. When we are the patient’s doctor, we are able to harness the credibility that comes with that.

Patients have shown our healthcare system that what they want is the most specialized expert care that they can get for their particular condition. Each of our reversal centers of excellence is staffed by experts in that therapeutic area, who take on the patient in the practice of healthcare so that we can manage medications, do labs, and have the whole set of healthcare services at our fingertips.

No one disputes that a percent of a patient’s health is behavior. The question is, do people believe that it’s possible to help them change? A core idea that we have at the company that comes from my own life and the life of the people here is that everyone can change if we give them the support to do so, and if we ask them to make a change that they care about.  That’s why we focused on these areas and why we think this delivery model can help support people. It’s tougher to engage people with the garden variety app that counts steps. That’s not solving a problem that patients care about. That’s why we think this is different.

How does a patient’s primary care doctor participate?

That collaboration is such an important idea that we named the company AndHealth to reflect the idea that we can’t do this alone. We see ourselves as part of what I think will be a transformation in our healthcare system that we do mostly outside of the company, rather than inside. While we become the patient’s headache specialist, there are about 40 million migraine sufferers in the United States and only 2,000 headache specialists. This is one of the key challenges that we are helping patients solve, the problem of access. Even if you have good health insurance, the ability to get into a care team that understands how to treat migraine is hard.

By moving this care to a model that is more accessible and is available continuously, we are able to make a big difference in the lives of these patients. You can think of us as a referral from a patient’s primary care doctor or from their employer, because we are an employer-sponsored health benefit that helps complement the healthcare that the employer is providing to their employee.

How hard is it to convince employers and health plans to pay for your service?

Ultimately, we need to prove that we are achieving life-changing results for patients. If we can do that in this area, it will be an important new way that patients get access to care.

One of the reasons that we started with migraine is that leading employers are starting to recognize it as a silent issue, lurking just beneath the surface, much like how the best employers started to recognize mental health five years ago. It had historically been dismissed. It had historically not had great treatment options. It wasn’t generating the claims that caused it to get on anyone’s radar. It was a chicken-egg issue. If there wasn’t good access to care, there weren’t many claims, so it didn’t get onto the radar of employers. 

But we now know that migraine is the leading cause of short-term disability for most employers. It’s a huge contributor to turnover. Because it disproportionately impacts women and people of color, it’s a lever against diversity, equity, and inclusion objectives for employers. We think that a proposition that is focused around increasing access to super high-quality care in a therapeutic area that impacts many of these employers, 20% of the employee base, and is actionable because patients are engaged around this disease, will be taken up by many employers. We are seeing that so far in the market.

Can you survey employees or look at company records to identify the opportunity, unlike wellness apps where employers may get some non-specific value from helping their employees with weight, exercise, or stress?

Exactly. It’s rare that we’re in a meeting with an employer where someone in that meeting doesn’t say, “I have migraines. That has been an incredibly difficult part of my life that has made it difficult for me to show up in the way that I want to at work.” Because it’s common, and historically patients haven’t seen a lot of good treatment options, we are hearing from employers that this is important to solve. Now that we know that it is solvable, there’s a lot of interest in engaging.

It’s similar in autoimmune conditions, although what’s a little different in autoimmune is it has gotten a lot of employer attention because the costs are so high. For the conditions that we are treating, simplifying a little bit, there’s about $40,000 in costs per employee, per year for those who suffer from the conditions. A good bit of it is pharmacy cost, but there’s also significant healthcare cost. That has gotten more attention, but migraine employees are expensive from a claims perspective and especially from a productivity perspective.

AndHealth isn’t primary care, where we need to be able to treat a patient who shows up with anything, and where we have a relatively diffuse cost or value proposition to an employer. This is something that’s targeted at the disease states that, one, are the most expensive and disruptive, and two, by narrowing, give us an opportunity to have a learning system that gets better really fast.

One of the underappreciated elements of digital health is the degree to which when we narrow and then run this through software where we’re force-multiplying the expertise of clinicians, we move to a learning system that is improving quickly. We have a credible chance to move in these therapeutic areas from a new company to the foremost expert quickly by narrowing. That makes achieving results for patients dramatically easier than if we tried to see a patient who shows up with any condition.

What are the most important lessons you learned from starting, growing, and selling CoverMyMeds?

The biggest lesson was to find a way to collaborate with the healthcare system. Because if we want to do something big, we need the help of the people that are already here. We can be transformative without being disruptive. That idea is so important. That’s why we called the company AndHealth rather than OrHealth. That’s a really important one.

The other is the idea of people first, putting not just the patient first in everything we do, but winning through our employees. We ended up being on Glassdoor as one of the top 20 employers in the country in the past. While we think the tactics that will get us there are different, because the world is different than it was 10 years ago, we are focused on being a place where clinicians and technologists can come to build something that makes a big impact for patients, but also makes a big impact in their career. Those two things are core DNA in the company.

What would you like to see happen with the company in the next few years?

We have already shown that we can produce what we think are life-changing outcomes. In our first study in migraine, we were able to get to a 60% remission rate for patients. What we want to do in the next couple of years is show that we can do that at scale for employers and in a way that generates a value proposition that makes this part of the benefits package for the leading employers. It’s about showing that we can create those life-changing outcomes with patients, in collaboration with employers, at a scale that ends up making a difference for the world. If we can do that, that is success.

Morning Headlines 2/16/22

February 15, 2022 Headlines Comments Off on Morning Headlines 2/16/22

Athenahealth Acquired by Hellman & Friedman and Bain Capital

Bain Capital and Hellman & Friedman finalize their $17 billion acquisition of Athenahealth.

Memora Health Announces $40M Financing To Scale Platform for Simplifying Complex Care Delivery

Automated care management company Memora Health raises $40 million, bringing its total funding to just over $50 million.

$1.13M settlement proposed in Inmediata Health in lawsuit over 2019 data breach

Puerto Rico-based claims clearinghouse Inmediata will pay $1.13 million to settle a class action lawsuit filed by patients who were affected by a 2019 data breach in which the company failed to secure patient data online, enabling search engines to serve up PHI in search results.

Comments Off on Morning Headlines 2/16/22

News 2/16/22

February 15, 2022 News 7 Comments

Top News

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The $17 billion sale of Athenahealth to a pair of private equity firms has been completed.


Reader Comments

From Elizabeth Holmes: “Re: Circadia Health. Touts how they do remote patient monitoring, but FDA’s clearance says specifically that ‘The Circadia C 100 System is not indicated for active patient monitoring.’” I emailed the company to clarify, but haven’t heard back. The website says that the touchless system issues a daily report of respiratory rate and time in bed, which seems to be in conformance with FDA’s requirement that its system not be used to monitor vital signs and is “for retrospective analysis only.” Still, the company’s website touts its capability to “prevent the 3rd leading cause of death” in managing acute respiratory distress syndrome, COPD, sepsis, and pneumonia while earning post-acute care facilities a 2% Medicare incentive payment.


HIStalk Announcements and Requests

HIStalk sponsors who are exhibiting at or attending ViVE and HIMSS22 – click the link, complete the short form, and I’ll include you in my online and downloadable guide. You may recall from last week that my poll respondents gave as their #2 reason for visiting a booth as simply knowing ahead of time the activities that will be presented there, so share your plans and maybe get more feet onto your expensively rented carpet.


Webinars

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


Acquisitions, Funding, Business, and Stock

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PriorAuthNow, which offers automated, real-time prior authorization software for providers and payers, raises $25 million in funding. The company says its technology has helped Cleveland Clinic staff reduce the prior authorization process from 45 minutes to four minutes.

Kidney care company DaVita acquires transplant software vendor MedSleuth for an undisclosed sum.

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Radial Analytics, a patient care transition software startup based in Concord, MA, raises $3 million in funding.

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Automated care management company Memora Health raises $40 million, bringing its total funding to just over $50 million.


Sales

  • Community Health Systems (TN) selects remote patient monitoring and virtual care technology from Cadence.
  • Davis Health System (WV) will implement Cerner across its three hospitals beginning this summer.

People

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Azara Healthcare hires Todd Schlesinger (Jvion) as VP of sales.

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Patti Baran (Teladoc Health) joins AliveCor as SVP, Healthcare Americas.


Announcements and Implementations

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Little Rock Air Force Base Clinic (AR) will transition to the DoD’s Cerner-powered MHS Genesis system next month. The department plans on rolling out MHS Genesis at 54 facilities this year, which would see the technology deployed at more than half of all military hospitals and clinics.

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Guthrie County Hospital & Clinics (IA) will go live on Epic this weekend.

A Tegria-commissioned Harris Poll survey finds that 69% of Americans would consider switching providers to gain access to same-day appointments, convenient locations, and self-scheduling. More than half would be willing to have their first visit with a new provider conducted virtually, although only 37% of those over 65 agree.


Government and Politics

VA Acting Deputy CIO Laura Prietula tells attendees at an AFCEA Bethesda health IT event that the department has made significant improvements to its EHR data transfer processes, adding that it has standardized the majority of the high-priority datasets that are being transferred from VistA to Cerner’s Millennium and HealtheIntent platforms.


Privacy and Security

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Puerto Rico-based claims clearinghouse Inmediata will pay $1.1 million to settle a class action lawsuit filed by patients who were affected by a 2019 data breach in which the company failed to secure patient data online, enabling search engines to serve up PHI in search results. I mentioned at the time that the majority of the 1.6 million patients alerted about the breach had never heard of the company. Many received multiple notification letters, with some of those being addressed to other patients.

Avita Health System (OH) notifies patients of a network security incident last week that forced it to revert to downtime procedures.


Other

I’m not sure I noticed until reading the CHIME update below that former HIMSS President and CEO Steve Lieber has been working for CHIME as chief analytics officer since October 2021.

Sachin Jain, MD, MBA says big tech firms have accomplished basically nothing in healthcare because scale is hard to achieve, fee-for-service hasn’t gone anywhere so improving health isn’t a priority, managing healthcare means managing risk, and margins are small. He says companies like Apple need to stop tinkering around healthcare’s edges and instead buy a big health system, where they can demonstrate the benefits of technology, make the argument for value-based care, and integrate payers and providers. He says Amazon’s dabbling in the grocery business didn’t amount to much until it bought Whole Foods.

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This is an interesting thought about primary care in considering non-healthcare markets, where generalists could be squeezed out by specialists on the upper end, and on the lower end, by less-expensive substitutes who follow protocols that those experts approve.


Sponsor Updates

  • CHIME launches new media resource Digital Health Insights as a digital destination for healthcare industry professionals.
  • Ellkay will exhibit at Greenway Health’s Engage conference February 18-23.
  • The Kansas Hospital Association’s Health Services subsidiary selects ChartSpan as its exclusive chronic care management partner.

Blog Posts


Contacts

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

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HIStalk Interviews Gidi Stein, MD, PhD, CEO, MedAware

February 15, 2022 Interviews 1 Comment

Gidi Stein, MD, PhD is co-founder and CEO of MedAware of Ra’anana, Israel.

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Tell me about yourself and the company.

I started my career as a software engineer many years ago. I was a VP of research and development and the CTO of several startups in the early 1990s. At some point, I vowed never to do startups again, changed my career course, and went to medical school. I was the oldest medical student in Tel Aviv University. I graduated, specializing in internal medicine, did a PhD in computational biology, and held executive roles in one of Israel’s leading hospitals. MedAware is a software company that uses artificial intelligence and smart algorithms to identify medication-related risks and save lives.

What points in the process of ordering and administering medications are most likely to introduce patient harm that existing systems won’t detect?

The flow that begins with the prescriber ordering the medication, the pharmacy approving it, and then administering it or having the patient visit an outpatient pharmacy — all of these situations are basically covered, in some way, by existing systems. But after the patient is already on the meds, after they are  home or are already admitted, things can go wrong. Laboratory abnormalities are found. Vital signs change. Patients can deteriorate into shock or have acute renal failure or anemia. These changes impact the risk that is inflicted on them by their meds, and some have drug events that are related to the medications that they are receiving. Current solutions are usually not good at tracking this, monitoring these patients, and picking up those risks in the post-prescribing, post-dispensing period. Most of the problems we find are there.

What are the alerting challenges that are unique to smart infusion pumps?

Smart infusion pumps are IV pumps that “know” the medications that are being provided to the patient by that pump. The nurses program these pumps in terms of the medication to be administered, the patient’s weight, the rate, the dose, how long the infusion should take, etc. In each of these steps, there can be a typo, a click of the wrong button, or mis-programming. The current systems are similar to the electronic medical record in being not very good at identifying these risks. The alerts that they generate are mostly false alarms, which drive alert fatigue. It’s similar to what we do with electronic medical records — we know how to identify pump programming errors and do this through our partnership with Baxter.

How do you identify an exception to normal practice to generate an alert?

We assume that nurses, physicians, and pharmacists know their jobs. They don’t need MedAware or any of us to teach them how to practice. But you can be the best poet in the world and still have typos that a spellchecker will find. You can be the best doctor in the world and still need that intelligent spellchecker to identify these typos in prescriptions or the programming of pumps. This is where the outlier piece is more relevant.

We published research two years ago with Sheba Medical Center, a large hospital here in Israel, in which we analyzed the errors that physicians make when they’re tired, overworked, or don’t have specific experience with the medications they are prescribing. Two times, three times, eight times as many errors are made when physicians are tired, overworked, working in an overcrowded ER, and especially when they are prescribing medications that they are not used to prescribing. We’ve seen that more and more with COVID in the last two years.

How does the technology coexist with an EHR to reduce alert burden?

What is unique about our system is that the alert burden is very, very low. Current systems can generate alerts in about 20% of medications or medical orders. We provide less than 2%, almost 1%, of the alert burden. The accuracy of the alerts we provide is very high, more than 85% as compared to less than 5% in the current solutions. In most of the cases, physicians — and we monitor this continuously — change their order following our intervention. Instead of applying rules like current systems, we do something more intelligent in applying more sophisticated algorithms to understand the prescription patterns in each hospital, in each care setting, and identify the outlier behavior as a potential error. These are usually consistent with the physician saying, “Oh, I didn’t mean to do that. I’m going to change that.” We see that every day

Are the EHR alerts suppressed by replacing them with yours?

It depends on the client. It depends on the workflow. In some cases, we completely replace the current systems and we are able to generate very few alerts and change the whole experience of providers. In other cases, we focus more on the pharmacy, where all the medical orders are funneled to, so we’re able to surface the catastrophic problems for the pharmacy to focus on. Our engine can be applied in different settings and in different workflows. It really depends on the client and the setting, even inside infusion pumps.

Does the alerting intelligence use the clinician’s individual patterns, or does it look only at their facility’s collective experience?

It’s more detailed than that. It’s at the level not only of the institution, but of the specific department and boiling down to specific prescribing patterns. It really depends on the amount of data that we have in each institution and our ability to model the “normal” behavior based on this data. The more data we have, the more accurate we can be. We can drill down to more refined accuracy and resolution.

How does an organization analyze their alerting patterns to determine that your system can help?

It’s common knowledge. We don’t have to persuade the customers that the current alert burden is too high and that they are ignoring most of the alerts. The challenge is to persuade them that it’s not necessary — they could do it differently and it could be a different experience for the provider. They find that hard to believe. One of the things that we do in most of our clients is take a little bit of historical data and show them what we find. This is the “aha” moment, because with most of the stuff that we find, they were not aware that it is happening in their own back yard. That easily triggers the “OK, I want this.”

How much of the capability that your system has was made possible by advances in AI, and where do you see AI finding a place in healthcare?

Our solution uses many type of algorithms, from the simplest statistical analysis to really robust AI with deep learning, neural networks, and all the buzzwords that come with it. We use the most sophisticated part of AI for specific use cases, one of them being to identify cases in which the patient receives the wrong meds. Either the physician clicked on the wrong patient or drug was given to the wrong patient.

Understanding the clinical context of the patient and the relevance of this specific medication to that patient’s profile is an extremely hard task to do. We’ve been able, for several years now, to identify and to classify the medication as, is this relevant for this patient, or is this not relevant for this patient? It doesn’t have to be even something dangerous. It could be a two-year-old male child who is ordered birth control pills. It wouldn’t kill him, but he definitely doesn’t need it and it’s a complete outlier for that child. This is an extreme case, but there are a lot of more simpler ones that are hard to detect by anything else than using sophisticated AI. Our point is that we would rather use the simplest methodology to fix the problem, but in some cases, you need something that is more complex.

The use of AI in healthcare will find its place. It’s still struggling. W see very nice solutions in the imaging world where companies identify risks in CTs or MRIs and surface them up to the clinicians that hey, you have pulmonary emboli, CVA, or a critical event that you have missed –put it on top of the file.

The fine line is understanding and comprehending that we are not here to replace the clinicians. We are here to help them make better decisions. We are not here to teach them medicine. We are not here to tell them what to do. Just being that safety net to make sure that they don’t type the wrong thing. This approach can grow into more helping with diagnosis and procedures and providing a better prescribing and platform for clinicians, as long as we don’t even think or say that we can replace them or do their job, because that just doesn’t make any sense,

Where do you see the company in the next few years and the use of technology like yours in healthcare?

We have developed a unique engine that can be applied in different places in the industry. Our strategy on the business front is to partner with larger companies that have embedded solutions — in medical devices, decision support, or anything in the medication delivery space — where we can make their data smarter. We can make their systems and devices perform better. This is the path of growth to the company going forward. Baxter is one example. We have more that are coming and the future is looking good.

Morning Headlines 2/15/22

February 14, 2022 Headlines 1 Comment

Nevada Tech Company Brisk Health Launches Mobile Urgent Care

Las Vegas-based Brisk Health launches app-based telemedicine and urgent care house call services.

PriorAuthNow Raises $25 Million to Expedite Healthcare Authorizations

PriorAuthNow, which offers automated prior authorization software for providers and payers, raises $25 million, bringing its total funding to $57 million.

DaVita Acquires MedSleuth, Deepens Efforts to Improve Transplant Experience

Kidney care company DaVita acquires transplant software vendor MedSleuth for an undisclosed sum.

Curbside Consult with Dr. Jayne 2/14/22

February 14, 2022 Dr. Jayne Comments Off on Curbside Consult with Dr. Jayne 2/14/22

I started the HIMSS22 vaccine verification process today, and we’ll have to see if it works this time. Last year, when I still planned to attend the event in person, I started the process and never received conformation that my vaccine submission had been validated. The current process includes uploads of both a government-issued ID and the vaccine card. I tried using my passport this time to see if it works any better than my driver’s license did last year.

The emails I’m receiving from HIMSS22 vendors have started to increase in frequency, but I have yet to see a marketing campaign that really stands out. I’m trying to do a little planning every day so I can stay ahead of the game and avoid a flurry of organizing at the end.

This weekend’s hot topic in the virtual clinical informatics physician lounge is a petition to extend the so-called “practice pathway” for board certification in clinical informatics. The practice pathway, which is scheduled to expire in 2022, allows a certification mechanism for those of us who didn’t complete formal fellowships in clinical informatics. To be eligible for certification, physicians must demonstrate three years of practice in the field, with at least 25% of professional time in informatics. Physicians can also be eligible if they complete a 24-month master’s or PhD program in biomedical informatics, health sciences informatics, clinical informatics, or a related subject.

A number of clinical informaticists are supportive of extending the practice pathway, particularly due to the disruption caused by the COVID-19 pandemic. They note issues with the availability of residency and fellowship rotations that disrupted the ability of participants to complete their programs. Proponents cite a shortage of certified informaticists and the expected need for roles in thousands of hospitals and clinics. They also note the large number of physicians who have been practicing clinical informatics but who might not have the time or financial resources to pursue a fellowship. Others are concerned about the ability of fellowship programs to ramp up enough to be able to train the numbers of informaticists required to staff the workforce.

Others are opposed to leaving the practice pathway open. Some feel that the option hurts fellowships, leading to decreased applications and filled positions. Personally, I think the low salaries paid to fellows are at least partially responsible for decreased applications, not to mention the disruption to your career if you’re already practicing in the field. There is also concern that the practice pathway creates a lower standard. In my experience employing clinical informaticists, I’m not sure the board certification really makes a difference. It’s more of a check-the-box formality for some, but I’m perfectly happy hiring a seasoned informaticist who can do the job that needs to be done regardless of their certification status.

I obtained my certification through the practice pathway, having practiced clinical informatics exclusively in the seven years prior to certification. At that point in my career, there was no chance that I would consider leaving an EHR implementation at a major health system to complete academic pursuits. I used the Board’s content outline to craft a study plan and spent nearly six months reading more than a dozen college-level textbooks to prepare for the exam. Other than some specific and highly technical questions, the majority of the board examination involved topics that I dealt with on a daily basis in my informatics practice. One physician commenting on the issue noted that as data experts, we should be looking for proof that there are differences in outcomes when clinical informaticists are certified through the practice pathway versus through the fellowship pathway.

Board certification is a hot topic for physicians in general. Most boards require physicians to participation in a process called Maintenance of Certification. Depending on the board, physicians have to participate in continuing medical education, complete performance improvement projects, document evidence of professionalism, and complete a demonstration of knowledge. Those knowledge demonstrations vary. Some still require the traditional high-stakes examinations, and others allow longitudinal assessments. Most physicians aren’t interested in cramming for a high-stakes exam, especially when we’re tested over content that is no longer part of our daily practice. There is no immediate feedback on questions that are missed and it’s a generally miserable experience.

The last time I took one of those exams, I had a pat-down by the testing center employees and was treated like a criminal before even entering the testing room. There have been recent reports of physicians who were treated poorly at testing centers, including one lactating physician who was offered “accommodations” for pumping that failed to include a private area, a table or counter, or even an electrical outlet for the pump. She was forced to pump in a bathroom stall and the time spent counted against her limited exam breaks. I can’t imagine the mount of stress that added to the situation.

Specialty boards are trying to update their Maintenance of Certification processes to make them less onerous for physicians. However, there isn’t evidence that participating in the process makes physicians better at their jobs. I agree that for those of us participating in the longitudinal assessments, the process helps physicians become more proficient at finding information they don’t know.

Since I’ve been in urgent care for the last decade, I can handle most of the board questions that cover the musculoskeletal, digestive, and respiratory systems without blinking. Trauma is also a slam dunk and I’m solid with dermatology, infectious disease, and psychiatry. For maternity care, which I haven’t practiced in a very long time, I end up resorting to reference materials to handle those questions, just like I consult with practicing maternal care physicians in real life. Hopefully, the process is teaching physicians how to find information when they don’t know it off the tops of their heads, and to do so efficiently. However, it sometimes just feels like a game that we have to play.

Has there been any chatter about clinical informatics board certification in your organization? Are you for or against extending the practice pathway? Leave a comment or email me.

Email Dr. Jayne.

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Morning Headlines 2/14/22

February 13, 2022 News Comments Off on Morning Headlines 2/14/22

Doximity Announces Fiscal 2022 Third Quarter Financial Results

Medical social network operator Doximity announces Q3 results and that it will acquire physician on-call scheduling app vendor Amion for up to $83 million.

Announcing Radial Analytics’ $3M Round led by Initialized Capital

Radial Analytics, a patient care transition software startup based in Concord, MA, raises $3 million in a funding round led by Initialized Capital.

Vocera Announces Fourth Quarter 2021 Financial Results

Vocera announces Q4 results: revenue up 16%, adjusted EPS $0.29 versus $0.28, beating analyst expectations for both.

LifeOmic Acquires Bavard, an Enterprise-grade Conversational AI Platform

Precision digital healthcare company LifeOmic acquires Bavard, which offers AI-powered digital assistant technology.

Comments Off on Morning Headlines 2/14/22

Monday Morning Update 2/14/22

February 13, 2022 News Comments Off on Monday Morning Update 2/14/22

Top News

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Medical social network operator Doximity announces Q3 results: revenue up 67%, adjusted EPS $0.29 versus $0.07, beating Wall Street expectations for both. Shares jumped up sharply on the news, up 14% in the past 12 months versus the Dow’s 2% increase. The company’s valuation is at $16 billion, with co-founder and CEO Jeff Tangney holding 33% of shares. From the earnings call:

  • Doximity is acquiring physician on-call scheduling app vendor Amion for up to $83 million and will integrate its offering with Doximity’s secure messaging, CV, referral, and telehealth tools.
  • Chief Commercial Officer Joe Kleine will retire this fall, to be replaced with Paul Jorgensen.
  • Continuing medical education credits issued are up 25% quarter over quarter as in-person education is being increasingly replaced with online programs.
  • Job postings quadrupled year on year as physicians sought new opportunities.
  • The company’s video telehealth platform earned Best in KLAS over Microsoft Teams, Zoom, and other services.
  • Drug companies whose sales reps can’t visit doctors in person are moving to digital marketing programs and eliminating sales positions. The company says that the count of drug reps has doubled since the mid-1990s to 81,000, but it expects 10% of those reps to lose their jobs in the next couple of years.
  • CEO Jeff Tangney says that Fortune 500 companies spend 70% of their marketing budget on digital channels, while healthcare is at 23%.

HIStalk Announcements and Requests

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The fortunes that conference exhibitors spend on fancy booths, catering, glossy presentations, and tchotchkes generate a lower return than the free options – choosing and coaching your booth reps carefully and letting people know ahead of time what you’ll be doing in your expensive patch of carpet. My #1 recommendation is, as always, to confiscate the phones of those who are working the booth – humans seeking information are an irritating intrusion into their cyber-bliss.

New poll to your right or here: Does your business card or email signature list a certification or fellowship credential? I’ve stopped listing both since in my case, their value seems to accrue more to issuers who are looking for recurring revenue than for holders to prove their competence or ethics. Some are still hard to earn and maintain (CPA or PMP, for example) and I would use those if directly relevant to a current or desired job. I also don’t understand listing questionably rigorous, non-selective “executive education” on LinkedIn, especially in lieu of having earned an actual degree from an accredited school. Business card alphabet soup and sitting in front of “I love me” walls plastered with framed, yellowing certificates is a fascinating study in occupational vanity. I’m always intrigued that sales executives, CEOs, and startup founders are often light on formal education, having set a path while young in which formal education would have been a multi-year distraction from their destined accomplishments. I should run a poll asking respondents if they report to someone with less-impressive education credentials.


If your HIStalk sponsor company is spending money to participate in ViVE and HIMSS22, why not boost attention to your involvement with a free entry in my conference guides? Those links lead to forms where you tell me about what you’re doing, which I need to know in the next couple of weeks since said conferencing is imminent.


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Welcome to new HIStalk Gold Sponsor Biofourmis. The fast-growing, Boston-based global health technology company is focused on leveraging software and data science to deliver virtual care and develop novel digital therapies. Its robust care management platform, Care@Home, enables remote disease management across a range of medical conditions for acute, post-acute, and chronic care. The solution utilizes medical-grade wearables to continuously collect patient data, which is analyzed by Biovitals, Biofourmis’ highly sophisticated, clinically validated AI-powered predictive analytics engine. With support from Biofourmis’ in-house clinical care team, payers and providers can leverage the solution to predict clinical deterioration in advance of a critical event, which enables earlier interventions for better outcomes and cost savings. Likewise, the company discovers, develops, and delivers clinically validated digital therapeutics. These monotherapies or “pill plus” prescription therapeutics support payers and providers in improving patients’ lives while reducing healthcare utilization and associated costs. Thanks to Biofourmis for supporting HIStalk.


Webinars

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


Acquisitions, Funding, Business, and Stock

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Vocera announces Q4 results: revenue up 16%, adjusted EPS $0.29 versus $0.28, beating analyst expectations for both. Stryker’s $3 billion acquisition of the company remains on track.


Sales

  • Northwest Primary Care (OR) implements Deviceless Remote Patient Monitoring from CareSignal, a Lightbeam Health Solutions Company.

People

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Salesforce promotes David Cousins, MS to SVP of healthcare and life sciences.

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ReMedi Health Solutions hires Scott Collins (Futura Mobility) as chief revenue officer.


Announcements and Implementations

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Virtual care and digital therapeutics company Biofourmis launches Biofourmis Care, a chronic condition management system and virtual care team for heart failure, hypertension, diabetes, lipid management, and atrial fibrillation. The service includes automated medication management for optimizing therapy.

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HIMSS22 in-person attendees who plan to voluntarily provide proof of COVID vaccination have until March 11 to use the pre-show online process of Safe Expo, which will send confirmation that allows picking up a conference badge. Attendees who used Safe Expo for HIMSS21 can use last year’s verification based on their email address, which took me a grand total of perhaps 10 seconds today (good job on that, HIMSS). The alternative is to show vaccination proof or a negative result no older than from the previous day at the onsite verification desk, which is ideal for folks who want to kick off their HIMSS22 experience by waiting in line (or “on line” for you New Yorkers).

For those who were annoyed by the HIMSS21 virtual program ambassadors (Dr. Jayne was, emphatically) they will be back for HIMSS22, adding nearly zero value with their chirpy omnipresence.


Other

In Netherlands, the government’s National Coordination Center for Patient Spreading – which hoped to address COVID-19 admission surges by distributing patients across multiple hospitals – paid $1.4 million for a real-time hospital capacity tracking system that was developed by two of the organization’s advisors. The manually updated system proved to be unreliable, to the point that seriously ill patients were being taken to hospitals that showed available beds even though they were full. The government eventually bought the software company itself in a no-bid deal.


Sponsor Updates

  • The local paper profiles Cooper University Health Care’s implementation of Nuance’s Dax ambient clinical intelligence solution.
  • EClinicalWorks releases a new podcast, “Handling Hospital Notifications with Direct Messaging.”
  • AGS Health will exhibit at the ACDIS Virtual Summit February 16-17.
  • OptimizeRx CEO William Febbo will speak at the Bank of America Annual HCIT and Digital Health Conference February 23.
  • Nordic releases a new podcast, “How interoperability and cloud transformations can support healthcare organizations.”
  • Commitment to customer success drives growth at RCxRules in 2021.
  • Surescripts congratulates DAW Systems, winner of the 2021 Surescripts White Coat Award for highest e-prescribing accuracy.
  • SyTrue caps off a year of tremendous growth in its client base, number of employees, and transaction volume.
  • Verato publishes a new report, “Achieving a 360 Degree View of the Patient: Why Accurate Patient Identity is Critical to Health System Success.”

Blog Posts


Contacts

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

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Weekender 2/11/22

February 11, 2022 Weekender Comments Off on Weekender 2/11/22

weekender 


Weekly News Recap

  • AndHealth, founded by CoverMyMeds co-founder Matt Scantland, exists stealth mode and raises $57 million in funding.
  • Germany-based Ada expands its Series B round to $120 million and plans aggressive expansion to the US.
  • Senators form a commission to consider updating HIPAA.
  • Best in KLAS named.
  • NThrive will acquire Pelitas.
  • Premier reports Q2 results.

Best Reader Comments

I have been interviewed by the CEO of a company once, and I walked away from it thinking “what do you actually *do* that this is how you spend your time?” To me it indicates poor leadership and an inability or unwillingness to build a team that can do the job independently. (HIT Girl)

I sometimes wonder if the unspoken role of the EMR is to remind and support the clinicians. What did they do, when did they do it, and why? As long as your capability includes interviewing the clinicians, maybe an incomplete EMR/EHR isn’t the worst thing. POC activities can continue. However the higher level goals we set, including Population Health surveys? Those typically mean that interviews of the onsite clinicians are too slow and introduce unwanted errors into the process. (Brian Too)


Watercooler Talk Tidbits

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Readers funded the Donors Choose teacher grant request of Ms. M in Phoenix, who asked for headphones for her second grade class. She reports, “These headphones have made a huge difference for learning and our classroom environment. Students now have access to accommodations and differentiation when utilizing our online programs. As well, it helps keep our classroom environment quieter and peaceful when using our technology. We are so thankful for these! We use them every day! Thank you for supporting our classroom!”

A Florida doctor claims that he was duped by the owner of a sober living facility who is accused of insurance fraud in having the doctor order 30,000 urine tests as the facility’s medical director – the owner called them “liquid gold”– that netted the owner $31 million.

Doctors and advanced practice registered nurses in Tennessee argue over a pending state bill that would eliminate the existing requirement that doctors sign off on 20% of the charts of APRNs every 30 days. Nurses say the requirement means patients are paying for the time of a doctor they didn’t see and nurses are restricted from opening independent practices in rural areas, while the Tennessee Medical Association says nurses would rather live in cities just like doctors anyway. Tennessee is one of 26 states that require chart review.

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The state of Oklahoma is paying an unnamed doctor$15,000 for each prisoner who is executed under the state’s death penalty. The doctor doesn’t actually administer the drugs used – they start the IV and verify that the correct drugs have been prepared. The doctor also earns $1,000 per day for attending weekly training.

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Alamance Regional Hospital (NC) welcomes 25 National Guard troops who will help the hospital deal with staffing shortages.

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Epic employee volunteers create handmade Valentine’s Day cards for the 300 people who are serviced by SSM Health’s Meals on Wheels program.


In Case You Missed It


Get Involved

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Report a news item or rumor (anonymous or not)
Sign up for email updates
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Contact Mr. H

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Morning Headlines 2/11/22

February 10, 2022 Headlines Comments Off on Morning Headlines 2/11/22

Ideawake Closes Investment with HealthX Ventures to Democratize Innovation on the Frontlines in Healthcare

HealthX Ventures invests in Ideawake, which offers a platform for healthcare leaders to engage employees and their ideas for saving money and improving care via time-based challenges that are transparently tracked.

AndHealth, the Digital Health Company for Reversing Migraine and Autoimmune Diseases Raises $57 Million in Financing for Growth

AndHealth — which offers app-based, employer-sponsored treatment, coaching, and medication management for migraine – comes out of stealth mode and raises $57 million in funding.

Signify Health to acquire Caravan Health, accelerating the movement to value-based healthcare

Signify Health, which offers technology, analytics, and provider networks geared towards value-based payment programs, will acquire ACO enablement company Caravan Health for $250 million.

2nd Watch Expands Data & Analytics Capabilities with Acquisition

Cloud services company 2nd Watch acquires cloud data and analytics consultancy Aptitive.

Comments Off on Morning Headlines 2/11/22

News 2/11/22

February 10, 2022 News 1 Comment

Top News

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AndHealth — which offers app-based, employer-sponsored treatment, coaching, and medication management for migraine – comes out of stealth mode and raises $57 million in funding.

Investors include Francisco Partners and the AMA’s venture capital arm.

The company will launch a second service line for autoimmune diseases.

AndHealth’s founder and CEO is Matt Scantland, who co-founded and led CoverMyMeds through its $1.4 billion acquisition by McKesson in 2017.


Reader Comments

From Orion Pictures: “Re: HIMSS22. An internal document I saw lists just [unverified number omitted] people attending, which also includes at least some vendors.” I’m hesitant to publish the number that was cited because (a) it’s super low; and (b) my only HIMSS contact who would have verified its accuracy no longer works there. HIMSS claims that nearly 19,000 people – including exhibitor staff – attended HIMSS21 in person, although it sure didn’t look like that many. We’re just a month away and COVID-19 is waning a bit, so I would say everybody has already decided if they are going or not. I’ll be doing my usual daily write-ups, although I expect to be COVID-robbed of my beloved MedData scones.


HIStalk Announcements and Requests

HIStalk sponsors – submit your participation information in the ViVE and HIMSS conferences and I’ll include your company in my guide to each.


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Welcome to new HIStalk Platinum Sponsor Owl. Owl gives behavioral health organizations better data, better insights, and better outcomes with its data-driven, evidence-based solutions. Leading organizations — including Main Line Health, Amita Health, Inova Health, Polara Health, and Aurora Mental Health Center — rely on Owl to expand access to care, improve clinical outcomes, and prepare for value-based care. Owl makes measurement-based care easy to engage patients, optimize treatment, improve care, reduce clinician burden, and capture data to optimize business performance. Thanks to Owl for supporting HIStalk.


Webinars

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


Acquisitions, Funding, Business, and Stock

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HealthX Ventures invests in Ideawake, which offers a platform for healthcare leaders to engage employees and their ideas for saving money and improving care via time-based challenges that are transparently tracked. I interviewed CEO Coby Skonord last fall, who summarized, “It empowers anyone at the front lines of the organization, regardless of role or title, to make their voice heard based upon the quality of their idea versus their job title.”

Nuance announces Q1 results: revenue down 7%, adjusted EPS $0.08 versus $0.20. The company’s acquisition by Microsoft remains on track for the end of the first calendar quarter.

Ascension will turn over operation of its hospital-based laboratories in 10 states to Labcorp, which will also buy the health system’s outreach lab business. Ascension will also offer patients services of pharma contract research organization Labcorp Drug Development, which the company created in 2014 with its acquisition of Covance for nearly $6 billion.

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Cloud services company 2nd Watch acquires cloud data and analytics consultancy Aptitive.

Thirty Madison, which runs online businesses for hair loss, migraines, GI problems, and allergies, will acquire Nurx, which offers female-focused online services for contraception, STI testing, HIV prevention, and dermatology. Thirty Madison says its combined businesses will bring in $300 million in revenue in 2022.

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Germany-based Ada, which offers AI-based health assessments and care, extends its Series B funding round to $120 million. The company plans to expand aggressively into the US market.

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Israel-based Scopio, which offers slide-scanning and AI analysis technology to allow peripheral blood smears to be analyzed by pathologists remotely, raises $50 million.


Sales

  • Jupiter Medical Center (FL) will deploy Vocera’s Smartbadge wearable and Edge smartphone app for team communication and collaboration. It will also implement Vocera Ease application to allow care team members to communicate with patient-designated friends and family members.

People

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Healthwise names Andy Binder, MS, MBA (HP) as COO.

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Pharmacy solutions vendor Transaction Data Systems hires Robert Ven (Intrado) as CTO.

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Socially Determined hires Paul Matsui (The Antigrav Group) as chief strategy officer and Mike Considine (TransUnion) as chief product officer.

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Sandeep Sabharwal, MBA (Accenture) joins Impact Advisors a managing partner and board member.


Announcements and Implementations

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CoverMyMeds publishes its annual Medication Access Report, with these findings:

  • 84% of patients had to delay or skip in-person healthcare visits in 2021, with primary care being the most-missed visits.
  • The percentage of patients who skipped medications because of cost rose from 36% in 2020 to 51% in 2021.
  • 84% of patients had a telehealth visit in 2021, about equally split between PCPs and specialists. Their most commonly stated reasons for choosing telehealth were COVID-19, convenience, and reduced wait time.
  • Nearly all respondents say they have electronic access to their medical records and can share it with providers.
  • Three-fourths of providers can’t see plan-specific prescription costs, deductibles, and pharmacy-specific pricing  in their EHR. Nearly all can’t see social determinants of health information.
  • Pharmacists say that the highest-value task they can’t perform on their computer system is checking prior authorization status. They also note that providers don’t usually submit prior authorization requests until the pharmacy contacts them, which delays treatment.

Ascom forms new professional services and customer success organizations to support its healthcare collaboration and communication solutions business.


Government and Politics

US Senators Bill Cassidy, MD (R-LA) and Tammy Baldwin (D-WI) form a commission that will make recommendations to Congress about updating HIPAA.

NBC News covers ONC’s December 31 deadline for certified EHR developers to provide FHIR APIs, also noting the progress that has been made in the industry’s implementation of EHRs. .

A GAO report reviews the military’s expansion of telehealth for mental health services during the pandemic, with these lessons learned:

  • March 2020 guidance allowed providers to use consumer videoconferencing technologies such as FaceTime and to offer services using their personal devices.
  • Use of telehealth reduced the stigma of seeking mental health care since in-person services required sitting in a clinic waiting room in full uniform that includes service member name.
  • Group sessions were problematic because of confidentiality concerns, the need to train providers on how to lock the virtual room to uninvited participants, and the level of computer equipment and web camera required.
  • Providers need to obtain the location and contact information of patients at high risk or with suicidal thoughts so that local authorities can be contacted to perform a wellness check if contact is lost.
  • Providers were given training on the technology, the administrative process, and the privacy requirements of conducting virtual visits.

A new report finds that 14% of 1,000 randomly selected hospitals are complying with the HHS requirement that they post their real prices online. HCA Healthcare, Ascension, and CommonSpirit Health – whose combined revenue is $120 billion — had just two compliant hospitals of their 361.


Other

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KLAS reports that some Cerner customers are forming contingency plans in reacting to company changes that include hiring a new CEO, a revenue cycle management pivot, executive turnover, and an announced acquisition by Oracle. Notes:

  • Cerner’s overall KLAS performance scores haven’t changed over five years and under three CEOs, while confidence in the company’s ability to deliver has declined.
  • Some customers attribute their success to their own efforts rather than those of Cerner.
  • CEO David Feinberg will need to improve overall customer success, break the company’s history of broken promises and nickel-and-diming, and establish its new revenue cycle product.
  • Many customers question Cerner’s choice of the old Soarian platform to develop RevElate, noting that the product is rated only in the 60s and sometimes takes customers years to use effectively. They also question how the lack of native integration will work in an industry that has mostly moved away from standalone applications.
  • Company acquisitions tend to work out well about half the time, and when they don’t, customers are twice as likely to abandon the vendor.

The Wall Street Journal notes the sudden proliferation of mashed-up CIO titles to reflect wider responsibilities beyond infrastructure and experience that becomes more customer-focused and operational. Examples: chief technology, operations, and transformation officer (CTOTO) and chief information, data, and digital officer.


Sponsor Updates

  • Healthcare Growth Partners advises NThrive in its acquisition of Pelitas.
  • Impact Advisors celebrates its 15th anniversary.
  • Symplr completes its acquisition of Midas Health Analytics solutions from Conduent.
  • Lumeon names Brittany Jones (Memora Health) senior director of business development.
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EPtalk by Dr. Jayne 2/10/22

February 10, 2022 Dr. Jayne 1 Comment

The Centers for Medicare & Medicaid Services released details on the status of Accountable Care Organizations. CMS promotes the fact that 66 new ACOs joined the program and 140 renewed their agreements, bringing the total number of programs to 483. Looking at historical data, however, that’s small growth (six programs) since last year, but an overall decrease since 2020’s count of 517 programs. Doing the math, that means 60 organizations left the program.

In speaking with colleagues who are closer to the ACO world, even when ACOs don’t renew, it is likely that upwards of 50% of clinicians will move into a different ACO. That’s good news for patients who value continuity. The overall ACO initiative has a long way to go to meet its goals of providing coverage for the majority of Medicare beneficiaries in the US. It will be interesting to see how the program continues to evolve and how quickly it can build that kind of coverage.

Telehealth is hot in the news this week. The first story involves telehealth gone bad, with a Georgia nurse practitioner being found guilty of $3 million in fraudulent activities. Charges include healthcare fraud, identity theft, illegal kickbacks, and false statements. The Operation Brace Yourself sting operation targeted providers who were unnecessarily ordering durable medical equipment for patients they had never evaluated. The criminal conspiracy involved targeting senior citizens through telemarketing, then using their personal information to submit claims for orthotic braces. The convicted nurse practitioner signed over 3,000 orders related to falsified medical records in exchange for money. Despite what was said in the 1990s, greed is NOT good.

Amazon’s telehealth efforts were also in the news as it announced plans to expand Amazon Care’s in-person services to more than 20 new cities this year. Its virtual services are already available across the country. Amazon’s blurb says, “Care Medical doctors and nurses across the country are dedicated to treating Amazon Care customers, so patients are able to build lasting relationships with their health care providers over time.” Hopefully, Amazon’s model for employing physicians and nurses is more flexible and rewarding than some of the employment practices we hear about at Amazon’s warehouse and delivery operations. Keeping patients happy over time involves keeping their care teams happy over time, which is a difficult nut that healthcare organizations have struggled to crack for decades.

Anthem also announced its plans for virtual primary care services for its members in 11 states. The virtual offering includes an initial health check with creation of a personalized care plan and is being offered at little or no cost to members. Anthem talks about delivering services through its Sydney health app, which can handle secure chat for urgent care as well as support for scheduling. However, it’s unclear how its offering will integrate with patients’ existing medical records or care providers such as subspecialists. Both Anthem and Amazon seem to be targeting employer-sponsored plans. Since employers have a vested interest in trying to reduce healthcare spending, it will be interesting to see what adoption of these programs looks like.

I serve on the health advisory committee for my local school board. We had an interesting conversation this week about the role of testing in the current phase of the COVID-19 pandemic. With the explosion in at-home testing and the fact that those tests are generally not reported to public health authorities, overall testing numbers and positivity rates are becoming skewed. My colleagues in public health informatics have already struggled with the knowledge that we’ve been underreporting cases throughout the pandemic, and the boom in home-based testing isn’t helping. Local schools have been looking at positivity rates to determine whether to hold classes in-person and whether to require masks and those decisions have become more complicated. We’re starting to talk about using percentage of vaccination as another indicator, but it’s difficult to get people to self-report their vaccination status. The last couple of years have been agonizing for educators and I don’t envy the decisions they have to make on a daily basis.

We’re also seeing a boom in patients who think they might have COVID but don’t want to be tested because they can’t afford to be off of work. This also applies to people who don’t want their children tested because they don’t have backup childcare options if the students have to be kept out of school. This also creates decision-making challenges and was on my mind when I read a recent JAMA article looking at the number of adults who thought they had COVID-19 but actually didn’t. About half of unvaccinated adults who thought they had been infected were found not to have antibodies, which are expected to be present at least at some level for about nine months after an infection. Conversely, 99% of people who had a test-confirmed infection had antibodies. Of note, 11% of people who thought they had never been infected had antibodies. The data is from pre-Omicron days, so I will be interested to see what it looks like after the current wave.

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Working from home has certainly given me more time for pastry therapy. Now that many of us have been fully remote workers for a couple of years, it’s interesting to think back about how things used to be. We’ve all become used to some of the quirks of this new normal, from sharing broader views of our colleagues’ home lives to joining them in the carpool line as they pick up children from school. It’s been interesting to see how some organizations have evolved to new ways of working, with guidelines around whether meetings have to be video or whether they can be audio only, etc. Some have policies about how/when to use phone versus collaboration solutions versus email. Some organizations have become casual and free form with meetings, where others observe more formal meeting disciplines.

I ran across a situation the other day that I hadn’t encountered. I was on a client call with my normal working group and we were just doing our thing. Out of nowhere, someone joined the meeting, and although initially I thought they were a Zoom-bomber, I noticed they had a company logo on their pullover. Since I wasn’t the facilitator or the host, merely a member of the working group, I didn’t say anything. I figured I would wait to see how long it took for them to introduce themselves or for someone else on the call to say something. We weren’t discussing anything sensitive or proprietary, so I felt comfortable waiting. A full 38 minutes later, the meeting ended, and I never did figure out the identity of the mystery person other than their name caption. I’m still surprised that no one said anything, but that kind of thing is what makes being a consultant interesting.

What do you do when random people show up in your meetings? Leave a comment or email me.

Email Dr. Jayne.

HIStalk Interviews Clay Ritchey, CEO, Verato

February 10, 2022 Interviews Comments Off on HIStalk Interviews Clay Ritchey, CEO, Verato

Clay Ritchey, MBA is CEO of Verato of McLean, VA.

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Tell me about yourself and the company.

At Verato, we are identity experts that enable better care everywhere by solving the problem that we believe drives everything else, which is knowing who is who. Our mission is to be the single source of truth for identity that provides healthcare a complete and trusted 360-degree, longitudinal view of the people that they serve. I’ve spent the last 20 years in healthcare technology, with a passion for helping people leverage technology to deliver better care, better outcomes, and better patient experiences. I’m excited about Verato’s ability to do just that with identity resolution.

What is the extent of mismatched patient records in an average health system?

It is not atypical to have 8% to 10% of medical records be mismatched, either as  duplicate medical records or overlays. That’s very common. That problem has been exacerbated as we move into digital health. The ecosystem is more complex and the information is even more inaccurate as you try to aggregate that data and those identities across not just one or more EHRs, but over 20 to 30 different inputs or data sources that are collecting data on patients.

Is patient identity harder to manage with hospital acquisitions and increased interoperability?

Yes. Unfortunately, we’re still in a world where most health systems are thinking about how to drive interoperability inside their own physical enterprise and virtual enterprise. Even in that scenario, mergers and acquisitions create a challenge with how you take a patient census that is sitting in different EHRs and combine them into one so that the patient experience isn’t harmed or important information is missing so that I can’t treat the whole patient. That’s a key driver as health systems think about expanding and need to welcome these new patients and deliver the service they expect.

How well do EHRs detect patient matching problems, especially now that using Social Security number as an identifier has been eliminated?

There’s two significant challenges with the EHR’s ability to prevent identity mismatching. One is the fact that most EHRs only have visibility into the data that they house themselves. As you start thinking about all these additional channels of data and data sources outside of the EHR, they don’t have the ability to reconcile those data sets from an enterprise perspective.

The second challenge is that the typical EHR identity matching technology is driven by probabilistic matching or algorithms, looking at information that you have physically about the patient. We think a better approach is using referential matching, where we have data that might not be sitting in the EHR about that person and we can connect the data points and fill in the gaps with that information to provide better matching.

Have you seen interest in uniquely identifying people who aren’t necessarily patients, such as public health organizations that try to match vaccination data to their medical records?

The pandemic drove a lot of wonderful things for the future of healthcare. One of the most important is that it created a reimbursement model for telehealth. We are seeing 38 times as many telehealth visits as we had before, and it is stabilizing at around 17% to 20% of all outpatients. With that is a change in the mindset around how consumers want to be treated. Consumers who plan to make an important purchase go online 85% of the time to find information first. In a post-pandemic world, healthcare is seeing that number upwards of 90%, where people consult online resources about their symptoms before they talk to their doctor.

Because of all these different channels and digital engagement around the consumer, health systems have to understand who is who. How can I create a 360-degree view of all those interactions to create an experience for that patient, showing them that I know who they are, I have empathy for them, and I can solve their problem holistically?

What are the competitive advantages of accurate patient identification?

Forward-looking health systems are committed to offering a patient experience that is based on a simple premise – you have to show them that you know them. They are using an identity management platform to create and curate an experience for the consumer who is thinking about consuming a service from them. It might be somebody doing research about a knee or hip knee replacement. You need to understand who they are and be able to tailor your communications with them, so that as they continue to interact with the health system, that health system already knows that they have been on the website, downloaded a white paper on hip replacement, and are now calling in. Can I help you find a doctor who can help you answer questions around those types of things? Accelerating the acquisition of patients requires understanding the identity of the patient and then being able to deliver better care.

Finally, as health systems are moving from fee-for-service to fee-for-value, population health, and social determinants of health — and being able to manage both in-hospital and out-of-hospital concerns — it becomes critical to understand the patient identity, to proactively identify them as having risk factors, and to proactively give them a care plan to prevent a chronic condition or to better manage their chronic condition. All of those things contribute to happier customers, happier patients, lower cost of treatment, and overall better outcomes.

Outside of healthcare, customers uniquely identify themselves via a loyalty card or a website login that allows a business to then understand their behaviors. Can we learn from those industries?

Yes. Healthcare doesn’t have to look far at all to figure out how to delight the patient and deliver an exceptional patient experience. Loyalty programs, being able to know who you are as you’ve logged into their website, and from there to present them with information that is relevant to what we know about them. If we know that you are a cancer survivor, we should be delivering content to you that can help with your journey.

There are many examples across other industries that you can draw from. One of my favorite airlines is Delta Airlines. They seem to be able to anticipate my needs as a traveler even before I have them. If there’s a delayed flight, they are already thinking ahead about giving me options for rescheduling. We are starting to see forward-looking healthcare systems think about embracing consumerism and applying these types of technologies. Over 50% of millennials today don’t have a primary care provider, so they will be looking for experiences similar to how they buy something from Walmart or Amazon. To do that, we have to transform the way that we engage them.

Health systems experimented years ago with patient loyalty cards that also allowed medical records lookup. Why hasn’t that been adopted more widely?

The reporting from a year go on Ascension and Google Health showed a lot of privacy concerns that exist in America with respect to healthcare, our privacy rights, and protecting information about our health. I believe those basic concerns around privacy are pervasive. There’s a lot of conversations going on about universal patient identifier. That would be helpful and necessary, but we don’t believe that it alone will ever be sufficient. There’s just so many ways for patients to engage with the health system and so many front doors they come in, whether physical or digital. The idea that that patient will always have that identifier with them and present it in a confirmed way is challenging.

That’s where you’re seeing this pervasive, long-term need for additional technologies on the back end that continue to piece together these stories and be able to help us identify them. That being said, I do believe that we’re going to see the industry move towards a more trusted identifier. That may be through a trusted private sector opportunity versus the government. We have to work through how to get something that is safe, secure, and trusted before we can break those barriers.

What problems would arise or remain unsolved with the implementation of a universal patient identifier?

You mentioned Social Security number. Isn’t it already a universal patient identifier? Why hasn’t that been sufficient? The idea of using a universal identifier as a key into a lock that it gets you access to a health system, your health records, and information about yourself has a lot of goodness, but you’ll still find that it’s not practical to have a key that can be trusted and validated everywhere it would be used. Our own experience on the consumer side is that we have to find ways to create that experience that don’t rely on that type of unique key. I believe that a universal patient identifier will move forward, but while it is necessary, it won’t be sufficient for delivering the value proposition that we all hope for.

Where do you see the company in three to five years?

We see Verato continuing to enable this idea of better care everywhere by focusing on enabling the interoperability of digital health and the digital health transformation that is happening across the health system. Today, it’s health systems themselves. Tomorrow, it’s going to be across the care continuum. Being able to make that information portable, so that a patient can visit a health system in Pennsylvania and then while traveling on vacation to Florida and being able to visit the health system there, having that type of interoperability across health systems. I believe that Verato will be a part of that transformation as we move from interoperability within a health system to interoperability across the care continuum.

We’re also working on partnerships. We believe that having a common view across the care continuum — pharmacy, pharmaceuticals and biotech, medical devices, HIEs, providers, and payers – that trusted, protected, secure common view will help us eventually get to liquidity of data so that it gets to the right place at the right time to deliver a better outcome.

Comments Off on HIStalk Interviews Clay Ritchey, CEO, Verato

Morning Headlines 2/10/22

February 9, 2022 Headlines, News Comments Off on Morning Headlines 2/10/22

Thirty Madison and Nurx to merge, creating the leading virtual specialty care platform

Thirty Madison, a direct-to-consumer telemedicine company focused on chronic conditions, acquires Nurx, which offers women virtual care for dermatology and reproductive and sexual health.

Compliancy Group Announces Aldrich Capital Partners has committed to invest $75 million

Compliancy Group, a New York-based HIPAA compliance software and training business, secures a $75 million investment from Aldrich Capital Partners.

Tabula Rasa Healthcare to Sell DoseMeRx

Medication risk management vendor Tabula Rasa Healthcare decides to put its DoseMeRx precision dosing software, acquired in 2018, up for sale.

Comments Off on Morning Headlines 2/10/22

HIStalk Interviews Kyle Silvestro, CEO, SyTrue

February 9, 2022 Interviews 1 Comment

Kyle Silvestro is founder, president, and CEO of SyTrue of Stateline, NV.

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Tell me about yourself and the company.

I’ve been in the world of clinical natural language processing for almost the last 17 years. I started SyTrue a little over nine years ago, thinking about how to solve challenges around archaic workflows where we still require humans to read medical documents, especially from the perspective of CMS. And, how we automate a number of processes by eliminating inefficiencies within the system.

How has the need and the ability to automatically extract information from medical records changed over the years?

The need has been there for more than a decade. The awareness is coming to the forefront. We are truly understanding the value in information. The advances in AI and ML have highlighted that. Most of those advancements have been more around structured data and what is possible. Looking forward, organizations are understanding the value of the unstructured clinical note that still comprises the majority of information created in healthcare today. We process more than a billion pages of these notes annually, and that’s just scratching the surface. That would be on data created within the last 12 months. The majority of information is still in this format.

It depends on where you are in the process from the point of care to the point of need. At the point of care, maybe you can get high quality data quickly, but most organizations are not. They are downstream of that information, and it’s packaged up more often than not in a PDF. It’s not even unstructured data — it’s an image. That image is shared with organizations and data is often needed 20 ways downstream. If you don’t have a way to create this exponential uplift, then you can’t start addressing the challenges we see in the system. This problem has been here for a while and there are truly no good solutions addressing it that have a critical level of adoption.

Do PDFs usually come from outside facilities, meaning that it’s an interoperability problem, or are they self-generated because the source system doesn’t capture the data discretely?

It’s a combination. More often not, this is a byproduct of a record release process. Thousands of people go on site to facilities every day to get data from hospitals or provider offices. There are some electronic exchanges now, with CCDAs being sent across the wire, but that’s really the two ways that they are getting this data. It’s definitely an interoperability issue, but it’s more of a misalignment of incentives that is potentially preventing wider adoption.

What are payers and CMS doing with the data?

We have a unique challenge within the payer market. So much of what they get is an image, a PDF that can be thousands or tens of thousands of pages long. The only answer before SyTrue was to assign a nurse to read the document, go through the 4,000 pages, and find the eight or 10 pieces of information that answer the question. But more often than not, the 5,000 other data points that are in that PDF document that could be driving exponential uplift within an enterprise are left behind. They’re saved as an image, so they are being lost. The knowledge that is in front of them is gone. Our solution addresses the efficiency challenge, but we can also liberate all of that information to drive exponential downstream value on an enterprise level, to be able to create standardization and interoperability that can drive change.

What is involved with taking a PDF document and turning it into useful information?

This is a differentiator between SyTrue and everybody else. I had the privilege, or the advantage, of failing more than most people in pushing an early technology into the marketplace. Before I started SyTrue, I implemented NLP across life sciences, payers, and providers across a number of use cases, but had also seen challenges at failure points. As somebody who doesn’t like to lose, I remember those failures. 

When we architected SyTrue, we knew that it’s not just about NLP. If healthcare data is clean, NLP is easy. It can read the document, parse it, and extract it. But the problem is that we are dealing with inconsistency from organization to organization, physician to physician, EMR to EMR. How do you account for all this dirty data that was created by a million physicians that generate billions and billions of notes annually? And if those notes are needed 20 or 30 ways downstream, you’re creating a exponential data problem that you can never throw enough humans at to solve.

That’s what we thought about. We thought about that document life cycle. We thought about the creation sources. We thought about who needs it along the way. The question that we asked ourselves is, how can we make people money along the way? How can we add value? That approach allowed us to look at it from a longitudinal perspective, because we thought that if you can get to a longitudinal data and you can do it accurately, everything else downstream becomes easy. You have all the Legos, you just have to actually assemble the house or build the car. The structural components of the information are in that longitudinal record. It’s a matter of how you are combining them. 

With HEDIS, you need problems, procedures, and HCPCS codes. Risk adjustment. You’re looking at problems and supporting conditions and payment integrity. You’re looking at elements that would roll up to make a determination — is this truly an acute kidney injury, or is this sepsis? If you have that baseline data, the downstream questions that you’re asking or the objectives that you’re looking to get out of that information become a lot easier. You can do it across many domains, as represented by our client base and use cases that they leverage.

How will the healthcare entry of big tech firms affect your business, such as Google’s work with EHR search?

How soon before they call it quits again? They’ve all taken bites of this apple, only to fail miserably. I honestly think that’s the trajectory they are on. They do the market a bigger disservice than they do a service. They push early-stage technology that’s not prime time into our marketplace. They suck the oxygen out of that marketplace, and organizations that are small and may not have the $100 million marketing budget get squeezed out. True innovation never gets bubbled up to the top because you have these massive enterprises send 14 sales reps into a client to push a product that’s half baked.

You see that in Amazon Comprehend. They just reduced their price by 95% and now it’s this big announcement around SNOMED. Great, right? If it wasn’t good to begin with, it’s not going to be better when it’s 95% discounted. We’ve had SNOMED for nine years. It’s not new. It’s not really an announcement. Talk about how you’re making people money, talk about how you’re changing the system, and don’t just make noise. That’s what a lot of these organizations do. They truly don’t understand the problem and they truly don’t understand the solution that they need to create to solve it.

IBM Watson Health had some pretty grand ambitions and failed miserably.

MD Anderson Cancer Center. The trail of tears goes on. The billions of dollars that were invested into a technology that played “Jeopardy!” and then thought it could solve healthcare was amazing. They had 5,000 people at one point. It had a lot of data. But they couldn’t roll out anything that was meaningful, except for marketing hype. That is true of many of these big tech players getting into healthcare. They don’t understand the problem that they are trying to solve. They see dollars, they think they can throw enough money to grab market share. Unfortunately, I think they do the overall marketplace a humongous disservice. I haven’t seen truly significant impact from companies that took something that was playing a video game and thought it could solve healthcare.

How do you see the investment buzz over AI playing out?

There’s real opportunity in the technology. But I think you apply technology where it makes sense. You just don’t try to brute force everything, and because there’s a new technology out, think you can solve all the problems. We take a pragmatic approach. Use technology where it makes sense to apply it. As we get downstream, AI is going to be really, really meaningful. It’s going to be important in healthcare. But we have a foundational problem today in healthcare that is going to prevent that from becoming a reality for a little while, unless organizations start to realize it. If you’re not creating an interoperable base of accurate information that you are basing your models on, you are building a house of cards. I wonder how many of those actually exist today versus true value.

There’s a lot of hype, but when you actually get into the information, what impact is it actually making? Marketing has latched onto it. Not a lot of people understand it. Everything is a supervised model. Unless you get to accurate datasets at high volume, you’re somewhat playing with fire. But we have clients that actually do this and they see significant improvements in accuracy, sensitivity, and the impact it has on an organizational level, because they are working from an accurate, interoperable piece of base-level data that’s a solid foundation.

Where will the company focus on the next few years?

SyTrue is positioned to be a dominant player across many different solutions — HEDIS, payment integrity, fraud risk and abuse, risk adjustment, social determinants, expansion of radiology, expansion in oncology — all with a single platform and with the focus of making organizations money quickly and being able to get them live fast to enable that ROI. I see great things for SyTrue. I see us going from just shy of 40 employees now to a significant number in that period of time.

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