HEALTH TECHNOLOGY, MEDICAL DEVICES
Licking Memorial Health Systems (LMHS) | January 31, 2023
On January 30, 2023, Licking Memorial Health Systems (LMHS) integrated with Lifeline of Ohio and InVita Healthcare Technologies to launch iReferral to automate its identification and Lifeline's electronic referral of tissue, organ, and eye donors.
iReferral will automatically recognize suitable donors and trace the referral process from a hospital to the organ procurement organization (OPO). Apart from gathering information on workflow, nursing time, and returns providers, it will increase opportunities for transplantation and donation, adhering to the federal government's rules. With over 100,000 patients on the nation's waiting list for a life-saving organ transplant, CMS laws require hospitals to direct all potential organ and tissue donors to their federally designated OPO.
LMHS Vice President of Acute Care Services, Heather Burkhart, said, "Our staff is constantly looking for ways to enhance the high level of care provided to our patients. The automation offered through iReferral expedites the donor referral process allowing our healthcare providers to spend more time with the patient and their family during the most stressful of times while securing positive outcomes for transplant recipients."
(Source – Cision PR Newswire)
LMHS President and CEO Rob Montagnese said, "The new system furthers LMHS' efforts to integrate technology that directly impacts patient care while also providing the gift of life to the more than 3,100 people across the state that are waiting for organ, tissue, and eye donations".
(Source – Cision PR Newswire)
President and CEO of InVita Healthcare Technologies, Todd Collins, expressed, "Congratulations to LMHS and Lifeline of Ohio on their iReferral launch. This successful collaboration deploys scalable technology that helps shift nursing and provider resources back to patient care and provides greater access to life-saving gifts for the many in need by ensuring the critical first step of the intricate donation process is streamlined and made more reliable."
(Source – Cision PR Newswire)
About Licking Memorial Health Systems (LMHS)
LMHS is a non-profit healthcare organization that consists of Licking Memorial Hospital, a physician corporation, and the Licking Memorial Health Foundation. Licking Memorial Health Foundation is funding and developing resources for LMHS. It utilizes the best technology to help patients and visitors with their safety and healthcare requirements. Founded in 1898, it has its headquarters in Newark (Ohio). Licking Memorial Development Council, a committee of business leaders in Licking County, supports LMH Foundation.
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FUTURE OF HEALTHCARE, MEDICAL DEVICES
Tandem Diabetes Care | January 24, 2023
On January 23, 2023, Tandem Diabetes Care, Inc., a company specializing in diabetes technology, announced that it had successfully finished acquiring AMF Medical SA, a Switzerland-based medical equipment manufacturer that created the Sigi Patch Pump. Sigi Patch Pump is a rechargeable, ergonomic patch pump intended to lower the strain of managing diabetes by utilizing pre-filled insulin cartridges. It is currently under development and is not available for retail purchase.
John Sheridan, President and Chief Executive Officer of Tandem Diabetes Care, said, "AMF Medical's compelling technology aligns well with our strategic vision to include a patch pump in Tandem's portfolio of differentiated offerings." He adds, "In addition to this innovative technology, the talented AMF team joining our Tandem family shares our commitment to simplify diabetes management and brings decades of experience from the diabetes device, life sciences, and watch-making industries."
(Source – Business Wire)
For this transaction, Tandem Diabetes Care received legal counsel from Baker & McKenzie LLP and Bass, Berry & Sims PLC. AMF Medical relied on SVB Securities LLC as its sole financial advisor, while Homburger AG served as its exclusive legal advisor.
About Tandem Diabetes Care
Headquartered in San Diego (California), Tandem Diabetes Care, Inc. is a medical device company aiming to better the lives of people with diabetes through endless innovation and a novel customer experience. The company employs a fresh and user-centric approach when it comes to developing, designing, and commercializing products for those who need to use insulin. As a result, Tandem Diabetes Care is creating a positive difference by assisting in creating better outcomes for people affected by diabetes and their healthcare providers.
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FUTURE OF HEALTHCARE, MEDICAL DEVICES
XSOLIS | February 01, 2023
On January 31, 2023, AnMed has chosen XSOLIS, the artificial intelligence company supporting healthcare systems, to remodel its utilization management across its health systems.
The XSOLIS' CORTEX platform will share real-time clinical data across its connected network of providers and players. Due to the shortage of nursing staff and increased number of patients, a technology solution would provide accurate patient status from the beginning to minimize rejections and associated interactions with payers.
XSOLIS will centralize AnMed's operations, track work over its three hospitals, and connect its Physician Advisor and Utilization Management teams. In addition, CORTEX's advanced case management analytics and reporting efficiencies with AnMed's electronic medical record system will enhance the leverage time of the hospital systems.
Associate Vice President of Population Health at AnMed, Suzanne Wilson, said, "When evaluating next-generation utilization management platforms, XSOLIS was in a league of its own. The healthcare industry has reached a tipping point, where improved provider-payer relations are imperative to reduce administrative waste and unnecessary friction. XSOLIS will help us achieve just that through its innovative technology."
(Source – Cision PR Newswire)
Chief Financial Officer at AnMed, Christine Pearson, said, "This is a challenging time for provider organizations across the U.S. By providing an automated, objective view of medical necessity, XSOLIS will help increase the efficiency of our existing staff so that we can better serve our patients."
(Source – Cision PR Newswire)
CEO and Co-Founder at XSOLIS, Joan Butters, said, "There is a growing need for transformative solutions as providers continue to contend with a shortage of healthcare professionals and friction across the healthcare system. We're looking forward to helping AnMed transform their operations to work more efficiently internally, as well as with payer organizations."
(Source – Cision PR Newswire)
About XSOLIS
XSOLIS, the technology solutions and data science platform, serves hospitals and payer organizations nationwide for effective healthcare systemization, enhancing data-driven decision-making and collaboration with providers and payers. Its CORTEX, an AI platform, uses real-time predictive analytics to continuously objectify medical needs and care with appropriate settings. In addition, it offers patient status evaluation through health systems, reduces the administrative burden of hospitals, and increases automation between payers, health plans, and providers-sponsored health plans (PSHPs), inpatient as well as observation status.
About AnMed
AnMed, a non-profitable health system upstate in northeast Georgia and South Carolina, includes four hospital systems: AnMed Cannon in Pickens, AnMed Women's and Children's Hospital, and AnMed Rehabilitation Hospital with around 3,700 employees and 400 physicians. It provides routine care, urgent care as the requirement, life-saving emergency treatment, specialized care, home health visits, and virtual visits, as well as options to schedule an appointment, pay bills, volunteer, access medical records, donate, and find a job in its hospital systems.
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