Client News Coverage

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

Mandate clear interoperability requirements and a simple format that all healthcare technology vendors could use to securely exchange patient information among authorized providers of care. Every healthcare organization we have worked with has to operate with a mind-boggling array of differing systems, formats, data types, and so forth. This is the byproduct of a highly siloed, specialized industry with conflicting interests and makes access to the full spectrum of needed patient information at the point of care difficult to impossible.

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» 

Healthcare’s shift from an episodic to a wellness model of care finally places patients where they should be—at the center of care. As current movements aim to elevate the patient experience, nurses play an important role as the front-line professionals who engage with patients most often.

Healthcare NOW Radio»

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»

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»

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»

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»

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, 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»

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

New York Business Journal»

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»

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, 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»

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»