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Health IT

 

Private equity and venture capital raised nearly $7.2 billion globally in digital health in 2017, led by $1.1 billion in funding for artificial intelligence (AI) and data analytics, according to Mercom Capital Group.

The College of Healthcare Information Management Executives (CHIME) and the Healthcare Information and Management Systems Society (HIMSS) have chosen Randy McCleese, MSIS, MBA, former CHIME board chair and chief information officer at Methodist Hospital in Henderson, Ky., as the recipient of the 2017 John E. Gall Jr. CIO of the Year award.

Brent Shafer, new CEO and chairman of Cerner, has served as CEO of Philips North America since Feb. 2014 after previously holding the title of CEO for the company’s global home healthcare business between 2010 and 2014.

Once expected to be valued at $1.5 billion, cloud-based electronic health records vendor Practice Fusion will be acquired by larger EHR provider Allscripts for $100 million in cash.

Managing a hospital without any beds and advising customers on what kind of health insurance plans fits their needs will be tasks assigned to new jobs in healthcare, according to Frost & Sullivan partner Reenita Das.

 

Recent Headlines

ONC cuts would be reversed under new amendment

President Donald Trump proposed cutting $22 million from the budget for the Office of the National Coordinator for Health IT (ONC) in fiscal year 2018. Rep. Jacky Rosen, D-Nevada, has introduced an amendment to keep the agency’s funding at its 2017 level.

VA being sued over awarding EHR contract to Cerner

Electronic health records provider CliniComp is suing the U.S. Department of Veterans Affairs (VA) over its decision to select Cerner to replace its in-house EHR system without allowing for a competitive bidding process.

AHIMA 2017 preview: ‘We’ve taken it up a notch this year’

The activities and discussions at this year’s American Health Information Management Association (AHIMA) conference will go beyond fundamentals, according to the group’s vice president of health information management (HIM) practice excellence, Lou Ann Wiedemann, MS.

American Telemedicine Association CEO abruptly steps down

Jonathan Linkous has resigned as CEO of the American Telemedicine Association (ATA), the group announced on Aug. 7, after leading the organization since it was founded in 1993.

EHR installations carry ‘significant financial risk’ for hospitals

Implementing a new electronic health record (EHR) system will thin a hospital’s financial margins in the first year, according to a report released by credit rating agency Moody's Investors Service, but they usually return to normal afterward.

Hal Wolf named new president, CEO of HIMSS

The Healthcare Information and Management Systems Society (HIMSS) has selected Harold “Hal” Wolf III, an alum of the Chartis Group and Kaiser Permanente, as its new president and CEO.

Expanded telehealth reimbursement included in 2018 PFS

The proposed Medicare Physician Fee Schedule (PFS) rule would provide a boost in reimbursement to telehealth services, paying for several new services and codes as suggested by telehealth practitioners to CMS.

Teladoc completes acquisition of Best Doctors

Teladoc, the largest telemedicine provider in the U.S., has completed its $440 million acquisition of virtual consultation company Best Doctors less than a month after the deal was first announced.

Cleveland Clinic names Edward Marx as new CIO

Edward Marx will take over as the new chief information officer at Cleveland Clinic, effective Sept. 1.

Cerner CEO Neal Patterson dies from cancer complications

Neal Patterson, the co-founder and CEO of health IT giant Cerner, died July 9 at age 67, according to a company statement.

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