Health Insurance

Nym Wins “Health Administration Innovation Award” in 8th Annual MedTech Breakthrough Awards Program

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Donnerstag, Mai 9, 2024
Technology, Hospitals, Health Technology, Telemedicine, Virtual Medicine, Professional Services, Health Insurance, Practice Management, Health, Data Management, Medtech, Organization, Emergency medicine, EHR, Traction, Electronic health record, Radiology, Telehealth, Medical device, Nursing

Nym , the leader in autonomous medical coding, today announced that it has been selected as the winner of the “Health Administration Innovation Award” in the 8th annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies, and products in the global digital health and medical technology market.

Key Points: 
  • Nym , the leader in autonomous medical coding, today announced that it has been selected as the winner of the “Health Administration Innovation Award” in the 8th annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies, and products in the global digital health and medical technology market.
  • As healthcare revenue cycle management continues to face staffing challenges, high costs, and inefficient processes, industry leaders are turning to autonomous medical coding to bring greater accuracy and efficiency to medical coding.
  • This year’s program attracted thousands of nominations from over 18 different countries throughout the world.
  • “Nym's best-in-class autonomous coding solution is solving the challenges associated with manual medical coding, helping healthcare providers improve quality, reduce coding-related costs, and accelerate payment cycles,” said Steve Johansson, managing director, MedTech Breakthrough.

Baptist Health, Caregility Expand Partnership to Enhance Patient Care

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Donnerstag, Mai 9, 2024
Technology, Nursing, Seniors, Hospitals, Health Technology, Health Insurance, Health, Consumer, Artificial Intelligence, Health equity, Hospital, Partnership, Patient, Multimedia, Feedback, Baptist Health

Baptist Health and Caregility are pleased to announce an expanded partnership aimed at enhancing patient care across the Arkansas-based healthcare organization.

Key Points: 
  • Baptist Health and Caregility are pleased to announce an expanded partnership aimed at enhancing patient care across the Arkansas-based healthcare organization.
  • View the full release here: https://www.businesswire.com/news/home/20240509858411/en/
    A Baptist Health bedside care team member welcomes a virtual clinician into the patient room using Caregility’s APS250C mobile telehealth cart.
  • As part of this expansion, Baptist Health will deploy Caregility’s new, highly advanced telehealth devices and award-winning Caregility Cloud™ virtual care platform in more than 500 additional patient rooms at the health system’s flagship hospital, Baptist Health Medical Center-Little Rock, as well as Baptist Health Medical Center-North Little Rock and Baptist Health-Fort Smith.
  • “Baptist Health first added virtual care in 2005, and we have continued to advance with the latest technology bringing us to where we are today with our partnership with Caregility.

Quantum Health Awarded 2024 MedTech Breakthrough Award for Best Overall Patient Engagement Solution

Retrieved on: 
Donnerstag, Mai 9, 2024
Data Management, Technology, Professional Services, Managed Care, Health, Health Insurance, Software, Artificial Intelligence, Hospitals, Insurance, Human Resources, Medtech, Information, AI, Uday Chopra, NLP, Machine learning, Health care, EHR, Artificial intelligence, Natural language processing, Electronic health record, Medical device, Telehealth, Senior, Multimedia, RTI, Nursing

Celebrating 25 years as the leading consumer healthcare navigation and care coordination company, Quantum Health announced today it has received the “Best Overall Patient Engagement Solution” award in the 8th annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough .

Key Points: 
  • Celebrating 25 years as the leading consumer healthcare navigation and care coordination company, Quantum Health announced today it has received the “Best Overall Patient Engagement Solution” award in the 8th annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough .
  • View the full release here: https://www.businesswire.com/news/home/20240509776443/en/
    Quantum Health awarded the 2024 MedTech Breakthrough Award for "Best Overall Patient Engagement Solution".
  • (Graphic: Business Wire)
    The MedTech Breakthrough Awards honor excellence and recognize the innovation, hard work and success in a range of health and medical technology award categories, including Telehealth, Clinical Administration, Patient Engagement, Electronic Health Records (EHR), Virtual Care, Medical Devices, Medical Data & Privacy, and many more.
  • “We are proud to receive this award from MedTech Breakthrough recognizing our innovation and commitment to improving the healthcare journey for our members through the power of technology,” said Kristen Wheeler, Senior Vice President of Member Engagement for Quantum Health.

n-Lorem Foundation Welcomes New Member Alan Lotvin to Its Board of Directors

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Donnerstag, Mai 9, 2024
Research, Genetics, Health Insurance, Philanthropy, Biotechnology, Health, Pharmaceutical, Foundation, Science, Patient, Hope, Medicine, Life, Nursing

n-Lorem, a nonprofit foundation, discovering, developing and providing experimental antisense oligonucleotide (ASO) medicines for nano-rare patients (1 to 30 patients worldwide) for free, for life, today announced that Alan Lotvin, M.D., has joined its Board of Directors.

Key Points: 
  • n-Lorem, a nonprofit foundation, discovering, developing and providing experimental antisense oligonucleotide (ASO) medicines for nano-rare patients (1 to 30 patients worldwide) for free, for life, today announced that Alan Lotvin, M.D., has joined its Board of Directors.
  • “Stan and the entire n-Lorem team have created an organization unlike any I have been involved in.
  • “This work has already changed the lives of many people who have had no other options available to them.
  • It is work like this that led me to get into medicine and work to bring new advancements to the world.

Carallel Wins 2024 Healthcare Insurance Innovation Award from MedTech Breakthrough Awards Program

Retrieved on: 
Donnerstag, Mai 9, 2024
Health, Family, Insurance, Consumer, Other Health, Professional Services, Mental Health, Physical Therapy, Managed Care, General Health, Hospitals, Health Insurance, Seniors, Nursing, Financial management, Medtech, Ecosystem, Health equity, Empathy, Human, Electronic health record, Friends, Medical device, Telehealth, Caregiver, Residential care

Carallel , the leading provider of holistic support, guidance and assistance for family caregivers, today announced that it has been selected as winner of the “Healthcare Insurance Innovation Award” in the 8th annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global digital health and medical technology market.

Key Points: 
  • Carallel , the leading provider of holistic support, guidance and assistance for family caregivers, today announced that it has been selected as winner of the “Healthcare Insurance Innovation Award” in the 8th annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global digital health and medical technology market.
  • Carallel provides personalized guidance and digital health tools to family caregivers that empower them to confidently manage the journey of caregiving.
  • It’s imperative for health plans to address caregiver needs,” said Steve Johansson, managing director, MedTech Breakthrough.
  • Carallel recently announced new partnerships with Empathy for bereavement support and myFloc for financial management support.

With Vim as a Strategic Technology Partner, Pearl Health Launches Enhanced EHR Experience

Retrieved on: 
Donnerstag, Mai 9, 2024
Apps, Applications, Technology, Finance, Health Technology, Professional Services, Health Insurance, Software, Practice Management, Data Analytics, Health, Ron Conway, Pearl, EHR, Electronic health record, Partnership, Workflow, Meetup, Digital, Health information management, Patient, Medicare, Organization, Viking Global Investors, Nursing

Pearl Health enables primary care organizations to deliver more proactive, whole-patient care through data insights, financial tools, practice enablement technology, and a broad range of value-based care services.

Key Points: 
  • Pearl Health enables primary care organizations to deliver more proactive, whole-patient care through data insights, financial tools, practice enablement technology, and a broad range of value-based care services.
  • By leveraging Vim's innovative middleware platform, Vim Connect, which sits on top of the most popular electronic health records (EHRs), Pearl has begun rolling out its new EHR experience with provider partners nationwide.
  • The initial offering allows Pearl to seamlessly surface the Pearl Platform’s Conditions to Review insights directly into the practice EHR workflow.
  • "Our partnership with Vim presents significant new opportunities to our providers," said Jennifer Rabiner, Chief Product Officer at Pearl Health.

Vizient Hosts Congressional Briefing on Medicare Advantage

Retrieved on: 
Donnerstag, Mai 9, 2024
Practice Management, Insurance, Medical Supplies, General Health, Health, Hospitals, Professional Services, Health Insurance, CMS, Hospital, Policy, Confusion, Public policy, Medicare Advantage, Multimedia, Organization, DIS

Yesterday on Capitol Hill, Vizient, Inc. hosted a policy briefing titled, "Medicare (DIS)Advantage: How MA Plans are Implementing Policies to Limit Access to Care," at the Rayburn House Office Building.

Key Points: 
  • Yesterday on Capitol Hill, Vizient, Inc. hosted a policy briefing titled, "Medicare (DIS)Advantage: How MA Plans are Implementing Policies to Limit Access to Care," at the Rayburn House Office Building.
  • The briefing, attended by a standing-room only crowd of more than 80 congressional staff and industry stakeholders, focused on the disruptions caused by Medicare Advantage (MA) organizations and how hospitals are navigating the myriad challenges to provide timely and seamless care to MA beneficiaries.
  • (Photo: Business Wire)
    "Having recently met with healthcare providers in Texas's 30th district, I am acutely aware of the challenges posed by Medicare Advantage's problematic policies," said Rep. Crockett.
  • Vizient remains committed to collaborating with policymakers, industry stakeholders, and healthcare providers to advance policies and initiatives that improve healthcare delivery and patient care outcomes across the nation.

WellRithms Publishes Groundbreaking White Paper: The Wait is Over - Guaranteed Protection from Balance Billing

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Donnerstag, Mai 9, 2024
Technology, Insurance, Payments, Hospitals, Professional Services, Health Insurance, Software, Practice Management, Health, Contractor, Risk, Shield, CMO, Patient, Balance billing, Wait, CLIPS, RBP

WellRithms , the industry leading payment integrity firm, today released a white paper revealing the ongoing challenges of balance billing in healthcare and introducing a revolutionary captive solution to shield health plan sponsors and members from financial liability.

Key Points: 
  • WellRithms , the industry leading payment integrity firm, today released a white paper revealing the ongoing challenges of balance billing in healthcare and introducing a revolutionary captive solution to shield health plan sponsors and members from financial liability.
  • “ The Wait is Over: Guaranteed Protection from Balance Billing ” unpacks the attributes of a first-of-its-kind captive insurance for group health and workers’ compensation plans that is designed to transfer the risk exposure for excessive claims away from payors and members.
  • “WellRithms’ Shield Indemnification™ , backed by AMI Indemnity, sets in place a legally defensible strategy to reprice individual medical bills and fully absorb that risk,” says Ira Weintraub, M.D., CMO, WellRithms.
  • “WellRithms substantially raises the bar on precision by layering Shield Indemnification™ on top of its proprietary repricing system, Sustainable Claims Pricing™,” continues Dr. Weintraub.

GoodRx Reports First Quarter 2024 Results

Retrieved on: 
Donnerstag, Mai 9, 2024
Managed Care, Men, General Health, Online Retail, Family, Specialty, Consumer, Health Insurance, Retail, Women, Seniors, Vitamins, Supplements, Health, Net income, Macs, Partnership, Income tax, Share repurchase, Marketing, Adjustment, Interim, Advertising, GoodRx, GAAP, Growth, Pharmaceutical industry

GoodRx Holdings, Inc. (Nasdaq: GDRX) ("we," "us," "our," “GoodRx,” or the “Company”), the leading destination for prescription savings in the U.S., has released its financial results for the first quarter of 2024.

Key Points: 
  • GoodRx Holdings, Inc. (Nasdaq: GDRX) ("we," "us," "our," “GoodRx,” or the “Company”), the leading destination for prescription savings in the U.S., has released its financial results for the first quarter of 2024.
  • For the first quarter of 2024, revenue, the most directly comparable financial measure calculated in accordance with GAAP, was equal to Adjusted Revenue and we expect revenue to equal Adjusted Revenue for the second quarter and full year of 2024.
  • As of March 31, 2024, GoodRx had cash and cash equivalents of $533.3 million and total outstanding debt of $658.3 million.
  • During the first quarter of 2024, we repurchased 21.3 million shares of Class A common stock for an aggregate of $154.8 million.