Slide Insights

$100M For Telehealth: FCC Connected Care Pilot Program Targeting Services for Low-Income Americans and Veterans

If COVID-19 has taught us anything, it’s the need for robust virtual health capabilities. Unfortunately, the most vulnerable patients, low-income Americans and veterans, are often left behind as a result of poor access to facilities where remote care can be delivered. A new $100M FCC pilot program aims to change that.   At some point…

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Liberty Fox Technologies Joins GPMF Family of Companies

Liberty Fox Technologies, a leading software application developer and consultancy, has been acquired by Massachusetts-based GPMF Holdings as part GPMF’s continued expansion of its national healthcare IT ecosystem. Liberty Fox joins VertitechIT (infrastructure design and implementation), Nectar (digital health strategy consulting), baytechIT (managed services), and akiro (healthcare financial and business advisory services), as part of…

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Claiming Your Piece of the Pie

Temple University Health System (TUHS) was just awarded $900,000 for its COVID-19 Telehealth Program and the federal government has $132,000,000 still left to give away. The CARES Act authorized the Federal Communications Commission’s Wireline Competition Bureau to provide $200M in funding to urban and rural areas of the country to provide telehealth services during the…

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The Federal Government Wants To Give You $1MM for Telehealth But You Must Act Now

Non-profit and public health facilities are eligible under the CARES Act to receive funding to purchase and install telecommunications, information services, and connected care devices to prevent, prepare for, and/or respond to COVID-19. The government has allocated just $200,000,000 on a first come, first served basis and the application window opened at noon on April…

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Top 10 Healthcare M&A Deals of 2019

Consolidation. If interoperability was the buzzword for 2018, the continued consolidation of provider organizations took top billing in 2019. Hats off to law firm Baker McKenzie which predicted a rebound in merger and acquisition activity after West Virginia University Health System (“WVUHS”) announced agreements with the Summersville Regional Medical Center and acquisition of Jackson General…

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Great Ideas Are Often in the Eye of the Beholder

Healthcare providers need to take off their rose-colored glasses when considering a merger or acquisition. When Sanford Health proposed the acquisition of Mid-Dakota Clinic in North Dakota, it sounded like a good idea.  Sanford Health is the largest health care provider in the Dakotas.  Gosh, they’re even the largest employer in the Dakotas!  Mid-Dakota Clinic…

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Sally, Sally, Sally—Gone, but not Forgotten

Sally Yates.  Yes, we all remember her from her landmark termination on January 20, 2017. But, few of us are cognizant of her landmark directive issued on September 9, 2015, titled: Individual Accountability for Corporate Wrongdoing, what we at akiro simply call the Yates Memo. It ushered in a new aggressive stance by the DOJ…

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akiro to Facilitate Physician Practice M&A Transactions

New Consulting Practice Joins Growing GPMF Holdings Healthcare Ecosystem HOLYOKE, MA July 25, 2019: Citing OIG and DOJ fines and penalties levied against health care providers for violations of Stark, Anti-Kickback and False Claims Act violations arising from physician acquisitions, GPMF Holdings, a growing healthcare services organization has announced the formation of akiro.  The company…

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CMS Publishes New ICD 10 Billing Codes

Coding Changes Have Implications Beyond Just Billing. Every time the Center for Medicare and Medicaid Services (CMS) updates ICD 10 billing codes, the implications for healthcare providers can be far ranging. Think of it as the check engine light on your car. It needs attention. Immediate attention. The coding and billing departments at health care…

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Valuing a Medical Practice

There’s a revolution going on in healthcare these days. No, I’m not talking about the mega mergers like CVS and Aetna, or the recently announced “Haven,” the joint venture between Amazon, J.P. Morgan, and Berkshire Hathaway. This headline probably won’t make it above the fold, but it’s a trend that is likely to rewrite the delivery…

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