Health IT Business News – October 1, 2020

Collaboration News

AdvaMed and StartX Announce Partnership to Help MedTech Entrepreneurs Accelerate Innovation
The Advanced Medical Technology Association (@advamedupdate) and StartX (@StartX) announced a new partnership designed to provide medtech entrepreneurs within the StartX network exclusive access to AdvaMed’s resources and expertise to develop and commercialize the latest health care innovations.

Availity, Jacksonville University Collaborate to Address Nation’s Largest Primary Care Shortage through Nurse Practitioner Education
Jacksonville-based Availity (@availity), a real-time health information network, announced a new partnership with Jacksonville University, northeast Florida’s leader in healthcare education, to expand access to primary care for millions of Floridians.

Vynca and Cerner Empower Patients and Clinicians to Honor End-Of-Life Care Decisions
Vynca (@VyncaHealth), a provider of advance care planning solutions, announced a relationship with Cerner Corporation (Nasdaq: CERN), a global health care technology company, to help individuals and their families, caregivers and clinicians navigate the complex advance care planning process to ensure future care preferences are honored. Working together, Vynca and Cerner will break down the digital barrier between legal documents and electronic health records (EHRs), making it easier for clinicians to see relevant patient wishes and honor end-of-life care decisions.

Updox Partners with Redox to Expand Network of Integrated Electronic Health Records
Updox (@updox), a company managing healthcare communications across both in-person and virtual care, announced its partnership with Redox (@Redox), a healthcare integration platform that allows technology companies to integrate with healthcare organizations’ EHRs to securely exchange healthcare data.

Product News

Arcadia Extends Vaccination, Preventative Screening And Appointment Reminder Outreach Program To Additional At-Risk Patient Populations
Arcadia (@ArcadiaHealthIT), the leader in population health management technology, announced that it has expanded its vaccination, preventative screening and appointment reminder outreach program to engage additional patient populations. Arcadia is offering its Outreach product, at no cost, to Accountable Care Organizations, health plans, and state agencies that manage more than 15,000 lives so they can communicate directly with larger populations about the importance of routine vaccinations and doctors’ appointments. Participating healthcare organizations do not need to be Arcadia customers and can be up and running within just a couple of weeks.

PatientMatters Unveils IntelliRural Pre-Access Technology to Overcome Patient Access Barriers in Rural Hospitals
PatientMatters (@patmatters), a patient access and advocacy solutions provider helping hospitals and health systems offer patients highly-personalized financial solutions, announced the launch of IntelliRural™, an affordable Pre-Access technology solution designed to address the patient access barriers of rural hospitals.

Syntellis Expands Breadth, Depth of Comparative Data and Other Capabilities to Help Healthcare Finance Leaders More Quickly Understand Market Shifts, Respond and Adapt
In a major initiative to further support finance teams confronting the COVID-19 crisis, Syntellis Performance Solutions (@Syntellis) announced the inclusion of data from non-acute entities to the Axiom Comparative Analytics solution, as well as availability of the solution for use across all budgeting systems — in addition to Axiom Budgeting in the cloud.

Ascensia Diabetes Care chooses VisiQuate HealthMobile.D data platform solution to accelerate their data strategy
To manage a complex condition like diabetes, it’s critical to get everyone in the entire circle of care on the same page: patients, their friends and families, physicians, diabetes educators, health plans, and more. So Ascensia Diabetes Care (@contourascensia), a provider of blood glucose monitoring systems (BGMS) chose VisiQuate (@VisiQuate), a healthcare analytics company, to partner with them on their digital diabetes management platform. This will be a key element of their strategy to expand beyond blood glucose monitoring and provide holistic diabetes management solutions.

AdhereHealth Unveils Newest Adhere™ Platform SaaS Offering for Medicare Advantage Plans to Maximize Star Ratings Performance
AdhereHealth (@AdhereHealth), a healthcare technology company in medication adherence insights and health outcomes, announced the launch of Resolve SaaS, a one-of-a-kind solution to navigate health plan consumer engagement for Star Ratings initiatives. The Resolve SaaS solution enables Medicare Advantage plans to efficiently provide a holistic platform for their internal clinical teams and aligned provider network to drive necessary quality improvement for health plan members.

The Bloc’s New Science Foundry Practice Merges Science With Behavioral Psychology To Transform Medical Communications
An independent health creative agency, The Bloc, announced the launch of The Bloc Science Foundry, a groundbreaking new medical communications practice area that merges deep scientific expertise with applied behavioral psychology research. The result is medical communications work poised to set a new standard for effectiveness.

Financial News

Parexel Completes Purchase of Roam Analytics’ Natural Language Processing Capability
Parexel (@Parexel), a provider of solutions to accelerate the development and delivery of innovative therapies to improve world health, from clinical through commercialization, announced it has completed the purchase of the Natural Language Processing (NLP) technology assets and transfer of key personnel of Roam Analytics, Inc., a healthcare software company based in San Francisco, California. This strategic move will further strengthen Parexel’s commitment to leveraging Artificial Intelligence (AI) and Machine Learning (ML) to drive new innovations across drug development and life sciences. In addition, it will immediately enhance Parexel’s Pharmacovigilance and other Real-World Data capabilities through the application of NLP technology across the company’s various data sets to further streamline and extract insights from unstructured data.

Kaufman Hall’s National Hospital Flash Report
Kaufman Hall monthly Hospital Flash Report is out. August showed Hospitals hit setbacks on road to recovery with operating margin down 7.9 Percentage Points in 2020. Hospitals continued to see revenue declines in August. Not including CARES funding, Gross Operating Revenue is down 7% year-to-date compared to the first eight months of 2019.