Client News Coverage

National Survey Shows Consumers and Healthcare Professionals Worried About a Fragmented and Costly Healthcare System

Posted in Client News Coverage on Tuesday, November 19, 2019.

Waltham, Mass. November 19, 2019 – Today, Wolters Kluwer, Health released new data from a survey of nearly 2,000 consumers, hospital executives, doctors and nurses in the U.S. on attitudes surrounding breakdowns in care, how costs shape care decisions and the influence of a broad lack of transparency within the healthcare system. Findings from the report, “Mending HealthCare in America 2020: Consumers & Cost,” showed alignment and deep divisions in how patients and providers view healthcare.

AI initiatives Extract Value From Data Assets

Posted in Client News Coverage on Wednesday, September 11, 2019.

Payers and providers are using clinical natural language processing to reduce administrative costs and improve the accuracy of analytics.

Artificial intelligence (AI) success stories are beginning to flood the health care industry as stakeholders attempt to accelerate labor-intensive processes and realize the promise of advanced technology. Data are central to these initiatives, yet health care organizations are all too familiar with the challenges associated with getting maximum value from the rapidly expanding repositories of information now housed in EHRs and other clinical systems.

 

For The Record»

Developing a Strategy to Win the War on Duplicates

Posted in Client News Coverage on Friday, August 16, 2019.

Duplicate records remain one of healthcare’s most vexing—and costly—problems. Consider that the average master patient index (MPI) system has a duplicate rate of between 8 percent and 12 percent—the equivalent of 80,000 to 120,000 duplicate records for a hospital system serving 1 million patients. Each pair of duplicate records costs the facility approximately $96 to resolve. (Some say the average rate is even higher, with Black Book Market Research putting it at 18 percent in its 2018 Mid-Year EHR Consumer Satisfaction Report.)

 

Journal of AHIMA» 

The Transportation Effect In Healthcare: Improving Population Health Through Better Access To Care

Posted in Client News Coverage on Wednesday, July 03, 2019.

The buzz around social determinants of health (SDoH) is making waves across the healthcare industry. Linked to roughly 80 percent of overall health, stakeholders are increasingly embracing the opportunity of addressing SDoH in care management workflows.

 

SDoH are defined by Healthy People 2020 as the “conditions in the environments in which people are born, live, learn, work, play, worship, and age that affect a wide range of health, functioning and quality-of-life outcomes and risks.” Essentially, these elements encompass the non-clinical factors that can promote or hinder a patient’s ability to fully comply with care plans.

 

Electronic Health Reporter»

Seven Macro Trends Impacting Today’s Nurse Leaders

Posted in Client News Coverage on Thursday, June 27, 2019.

Nurses are the largest and most trusted group of healthcare professionals in the world today. Individually and collectively, they play a greater role in care delivery than ever before. As this group of professionals support and care for people during some of the most significant moments in their lives, nurses constantly endeavor to bridge the gap between science and art to positively impact patient outcomes.

 

Healthcare Business News»

 

Wolters Kluwer Study Finds Medical Students Spending More on Mobile & Online Board Review Prep for Licensing Exams

Posted in Client News Coverage on Wednesday, June 26, 2019.

With students relying more on test prep sites and apps, Firecracker taps AI to deliver higher exam scores

Medical students increased their investment in information and educational resources by 14% in 2018, with approximately 60% of those dollars going toward board review and preparatory support, according to a survey of American Medical Student Association (AMSA) members. The survey, conducted in coordination with Wolters Kluwer, Health, also found that more than half of medical students rank online question banks such as those in the company’s AI-powered Firecracker® solution among their top three tools for course study. 

 

Market Watch»

Edison Partners Helps VirtualHealth Push Venture Funding Past $25 Million

Posted in Client News Coverage on Tuesday, June 18, 2019.

Startup’s software helps health systems better manage patient care

VirtualHealth has boosted its venture funding to more than $25 million on the strength of technology that helps health systems and health plans better manage their populations and prevent illness.

 

Wall Street Journal»

 

Care Management Platform VirtualHealth Closes Series B Round to Fuel Growth

Posted in Client News Coverage on Tuesday, June 18, 2019.

VirtualHealth, a NYC-based care management platform, today announced it has closed a Series B financing round bringing the total amount raised by the company to more than $25 million. Led by Edison Partners and existing investors, the latest funding provides strategic capital to fuel the company’s rapid growth and product innovations.

 

HIT Consultant»

 

VirtualHealth Closes Series B Funding

Posted in Client News Coverage on Tuesday, June 18, 2019.

VirtualHealth, provider of HELIOS, the leading SaaS platform for care management and population health, today announced it has closed a Series B financing round bringing the total amount raised by the company to more than $25 million. Led by Edison Partners and existing investors, the latest funding provides strategic capital to fuel the company’s rapid growth and product innovations.

 

Healthcare IT Today»

 

VirtualHealth Raises VC, Valuation Spikes 250%

Posted in Client News Coverage on Tuesday, June 18, 2019.

“We are honored that Edison Partners remains a committed capital partner," CEO Adam Sabloff says.

 

New York Business Journal»

 

VirtualHealth Raises Series B Funding to Revolutionize HealthCare with Unified Data

Posted in Client News Coverage on Tuesday, June 18, 2019.

Healthcare systems are notoriously backlogged with inefficiencies and miscommunication between patients, clinicians, and providers. Investors have taken notice and it’s no surprise that VirtualHealth’s Series B round was met with much anticipation and interest.  The company’s flagship platform HELIOS has transformed the lives of 7 million patients. At its core, HELIOS integrates clinical, behavioral and social data streams into a single, complete patient view, which provides critical insights to create forward-thinking, proactive solutions for the entire care continuum. The company, which was founded in 2012, declined to share the exact amount of this round but indicated that it has raised over $25M in total.  According to SEC filings, the company previously raised $7M in 2017 and $2.55M in 2016, putting this round in the neighborhood of ~$15.45M+.

 

AlleyWatch»

 

New York City Care Management Company VirtualHealth Closes Series B Round

Posted in Client News Coverage on Tuesday, June 18, 2019.

VirtualHealth, a New York City-based startup focused on care management, has closed a Series B financing round led by Edison Partners and existing investors, according to a news release.

 

MedCityNews»

 

VirtualHealth Secures Series B Funding Round

Posted in Client News Coverage on Tuesday, June 18, 2019.

VirtualHealth, a NYC-based provider of a SaaS platform for care management and population health, closed a Series B financing round.

 

The round was led by Edison Partners with participation from existing investors.

 

The company, which has now raised more than $25m in total funding to date, intends to use the funds for rapid growth and product innovations.

 

FinSMEs.com»

How Hospitals Can Improve Patient Flow Through Location-Aware Healthcare IoT

Posted in Client News Coverage on Monday, June 10, 2019.

Nearly every healthcare setting wants to improve their patient flow.

 

Overcrowded emergency rooms. Convoluted surgery schedules. Clunky patient handoffs between departments. Delayed discharges. Ambulance diversions. Long wait times for care or, even worse, patients abandoning treatment due to long wait times.

 

Disruptions in the patient flow need to be taken seriously.

 

HIT Consultant» 

ICYMI During Nurses Week

Posted in Client News Coverage on Thursday, May 30, 2019.

It’s time for our morning rounds! ICYMI – here are some more stories in celebration of National Nurses Week which was May 6 – 10 this month.

 

Healthcare NOW Radio»