Health Care Execs Behaving Badly
BY KIM BELLARD
In the midst of a pandemic during which health care workers proved themselves to be very bit the heroes we like to think of them as being, it’s sobering to be reminded that the system they work in is filled with perverse incentives that work against patients’ best interests. Four pieces of excellent journalism – two from The New York Times, and two from Kaiser Health News — this week brought that front and center.
If you haven’t read them yet, I urge you to do so, but, while you might enjoy the writing, don’t expect to enjoy their content.
Let’s start with two arti...
Source: The Health Care Blog - September 29, 2022 Category: Consumer Health News Authors: Ryan Bose-Roy Tags: The Business of Health Care Health Care Execs Kaiser Health News New York Times Providence Source Type: blogs
XpertDox Closes Latest Round of Funding
Birmingham Based Company Secures Funding from Arizona-based PE
Today, XpertDox, LLC., a software company specializing in autonomous medical coding powered by artificial intelligence, announced the closing of their latest round of funding. XpertDox’s XpertCoding solution harnesses the power of artificial intelligence in order to autonomously code medical claims faster, more accurately, and cheaper than traditional manual processes. This round was highlighted by investment from the leadership of TN3, LLC, an Arizona based Private Equity Capital firm.
XpertDox was founded in 2015 by two physicians in Birmingham, Alab...
Source: EMR and HIPAA - September 29, 2022 Category: Information Technology Authors: Healthcare IT News Tags: AI/Machine Learning Health IT Company Healthcare IT Artificial Intelligence autonomous coding Chuck Ensign Clinical Trials Health IT Funding Health IT Fundings Health IT Investment medical coding Mike Pierce TN3 TN3 LLC XpertCo Source Type: blogs
McKesson Signs Agreement to Acquire Rx Savings Solutions
Acquisition aligns with McKesson’s strategic growth focus by connecting biopharma and payer services to patients
Acquisition extends leadership in access, affordability, and adherence solutions, leveraging McKesson’s differentiated platform
Acquisition of Rx Savings Solutions strengthens McKesson’s purpose to advance health outcomes for all
McKesson and Rx Savings Solutions share a commitment to making medication therapy more affordable and increasing medication adherence to improve outcomes
Rx Savings Solutions’ value proposition for employers, payers and patients is fortified by McKesson’...
Source: EMR and HIPAA - September 27, 2022 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Biopharma Biopharmaceuticals Brian Tyler Health IT Acquisitions Healthcare M&A McKesson McKesson Corporation Michael Rea Prescription Technology Solutions Rx Savings Solutions RxSS Source Type: blogs
Headspace Health ’s Leslie Witt on the future of mental health: Meditation, text-based coaching, teletherapy, telepsychiatry, and community
Q&A: How Headspace Health’s acquisitions alter its mental health product (MobiHealthNews):
Headspace Health has revealed two acquisitions this year, the latest coming earlier this month when the digital mental health company announced the purchase of mental wellness app Shine.
In a crowded field of mental health startups, the company is using acquisitions to augment its product and add new capabilities … Headspace Health also scooped up Sayana, maker of AI-enabled mental health-tracking and sleep apps. And Headspace itself is the result of a merger between meditation app Headspace and virtual mental healthcare comp...
Source: SharpBrains - September 26, 2022 Category: Neuroscience Authors: SharpBrains Tags: Brain/ Mental Health Technology & Innovation acute anxiety acute depression digital mental health Ginger Headspace Headspace Health meditation app Sayana Shine Source Type: blogs
Kyruus Announces Acquisition of Leading Digital Patient Engagement Company, Epion Health
Combined company will offer the most comprehensive patient access and engagement solutions in the market
Kyruus, the leader in provider search and scheduling solutions for healthcare organizations, today announced it will acquire Epion Health, a leader in digital patient engagement solutions. The two companies will join forces to offer healthcare organizations and providers a one-stop shop for patient access and engagement solutions.
“Epion Health is a trusted partner to hundreds of health systems and medical practices,” said Graham Gardner, M.D., Kyruus CEO and Founder. “By bringing our solutions together, we are u...
Source: EMR and HIPAA - September 23, 2022 Category: Information Technology Authors: Healthcare IT News Tags: Communication and Patient Experience Health IT Company Healthcare IT Cambia Health Solutions Epion Epion Health Francisco Partners Graham Gardner Health IT Acquisitions Healthcare M&A HealthSparq Highland Capital Partners Joe Blewi Source Type: blogs
Surgimate Raises Significant Strategic Investment from Banneker Partners to Accelerate Growth & Disrupt Surgical Coordination
Banneker Partners’ Funding will accelerate growth and product innovation, while providing top tier customer service and support to surgical practices across the U.S.
Surgimate, the leading provider of surgical coordination software in the U.S., today announced a significant investment by San Francisco-based investment firm, Banneker Partners. Since 2010, Surgimate has been transforming the surgical workflow at surgical practices nationwide by increasing operational efficiency, reducing surgical cancellations, and improving the quality of care for patients across all surgical specialties.
“We are thrilled to have fo...
Source: EMR and HIPAA - September 20, 2022 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Banneker Banneker Partners Duncan Gills Health IT Funding Health IT Fundings Health IT Investment Rebecca Brygel Samantha Klingelhofer Surgery Surgical Coordination Software Surgical Workflow Surgi Source Type: blogs
Intelerad Acquires Life Image, Establishing the Clear Medical Image Exchange Market Leader and Path to a Global Open Image Exchange Network
Acquisition combines the two leading image exchange providers, managing 80 billion images globally and represents a total investment approaching half a billion dollars
Today, Intelerad Medical Systems™, a leading global provider of enterprise imaging solutions, announced its acquisition of Life Image, one of the largest image exchange networks of curated clinical and imaging data, creating the largest medical image exchange network in the world and laying the groundwork for the elimination of costly CDs as the primary means of image transfer.
“As a company, Intelerad has been unwavering in backing the challenge put for...
Source: EMR and HIPAA - September 19, 2022 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Adam Gale Ambra Health Geraldine McGinty Health IT Acquisitions Healthcare M&A Intelerad Life Image Mike Lipps Morris Panner Radiology Radiology IT Source Type: blogs
Weekly Roundup – September 17, 2022
Welcome to our Healthcare IT Today Weekly Roundup. Each week, we’ll be providing a look back at the articles we posted and why they’re important to the healthcare IT community. We hope this gives you a chance to catch up on anything you may have missed during the week.
Analytics Will Help Amazon (Eventually) Benefit From the One Medical Acquisition. Andy Oram talked to Imprivata CEO Gus Malezis about the role of patient data harmonization and AI-powered analytics in helping Amazon capitalize on its One Medical buy – and why it will take at least five years for Amazon to put it all together. Read more…
Givin...
Source: EMR and HIPAA - September 17, 2022 Category: Information Technology Authors: Brian Eastwood Tags: Healthcare IT Healthcare IT Today Weekly Roundup Source Type: blogs
Can Amazon Capitalize on its Purchase of One Medical? Four Steps Toward Analytical Success
There’s naturally a lot of buzz over the acquisition of One Medical by Amazon.com. All the big tech companies are convinced they can fix our health care system. Perhaps they will start serving up appropriate treatments the way they choose the movies we view or the political diatribes we consume. But I recently talked to Gus Malezis, CEO of the digital identity company Imprivata, to explore what Amazon has to do to make its investment pay off.
Malezis pointed out that healthcare landscape is strewn with high-tech failures such as IBM Watson and Google Health. Patient data is just too scattered, too inaccurate, and too...
Source: EMR and HIPAA - September 16, 2022 Category: Information Technology Authors: Andy Oram Tags: AI/Machine Learning Analytics/Big Data Health IT Company Healthcare IT Hospital - Health System Interoperability Amazon Amazon Healthcare Google Health Gus Malezis Healthcare Data IBM Watson Imprivata One Medical patient data Source Type: blogs
Capital One Serves as Joint Lead Arranger on $2.3 Billion Financing for R1 RCM
Capital One Commercial Bank, a full-service bank with middle market specialization in many industries, including over 40 healthcare sub-sectors, announced today it served as a joint lead arranger for an amended and restated credit facility for R1 RCM. The borrower is a leading provider of technology-driven revenue cycle management (RCM) solutions for the healthcare industry.
R1 RCM used the facility, which increased its borrowing capacity from $1.2 billion to $2.3 billion, to purchase Cloudmed, an industry-leading revenue intelligence platform, and to refinance that company’s existing debt. Capital One also served as joi...
Source: EMR and HIPAA - September 16, 2022 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Revenue Cycle Management Capital One Capital One Commercial Bank Cloudmed Donald Hooker Health IT Funding Health IT Fundings Health IT Investment R1 R1 RCM Rachel Wilson Source Type: blogs
Bonus Features – September 11, 2022 – LG names 4 companies to help stand up its digital health business, ONC and HRSA team up to modernize Uniform Data System, and more
This article will be a weekly roundup of interesting stories, product announcements, new hires, partnerships, research studies, awards, sales, and more. Because there’s so much happening out there in healthcare IT we aren’t able to cover in our full articles, we still want to make sure you’re informed of all the latest news, announcements, and stories happening to help you better do your job.
News
The LG Electronics North American Innovation Center, LG NOVA, selected four digital health companies among the nine finalists for its Mission for the Future global challenge program: Digital care platform Digbi Health, prec...
Source: EMR and HIPAA - September 11, 2022 Category: Information Technology Authors: Brian Eastwood Tags: Healthcare IT Healthcare IT Today Bonus Features Source Type: blogs
Weekly Roundup – September 10, 2022
Welcome to our Healthcare IT Today Weekly Roundup. Each week, we’ll be providing a look back at the articles we posted and why they’re important to the healthcare IT community. We hope this gives you a chance to catch up on anything you may have missed during the week.
Perspectives from the DirectTrust and Civitas Conference. You may recall from our August 27 roundup that John Lynn was busy at The Civitas Networks for Health 2022 Annual Conference, a Collaboration with the DirectTrust Summit. This week, he shared insights from the best and brightest minds in healthcare interoperability, including a chat with new Civita...
Source: EMR and HIPAA - September 10, 2022 Category: Information Technology Authors: Brian Eastwood Tags: Healthcare IT Healthcare IT Today Weekly Roundup Source Type: blogs
Pure Health, UAE ’s Largest Healthcare Platform, Signs a Deal with Equity Group Investments to Invest Half a Billion Dollars in a U.S. Healthcare Company
$500m investment expands Pure Health’s footprint in the United States healthcare market.
Ardent Health Services is the fourth largest private hospital operator in the United States with operations across six states.
Alpha Dhabi Holding subsidiary, Pure Health, the largest integrated healthcare platform of the United Arab Emirates (UAE), today announced that it has entered into a definitive purchase agreement to acquire a minority equity investment in Ardent Health Services (Ardent), a leading U.S. healthcare provider based in Nashville, Tennessee, for a total investment of $500 million. The investment is subject to custo...
Source: EMR and HIPAA - September 9, 2022 Category: Information Technology Authors: Healthcare IT News Tags: Healthcare IT Hospital - Health System Alpha Dhabi Holding Ardent Ardent Health Services EGI Equity Group Investments Farhan Malik Health IT Acquisitions Healthcare M&A Marty Bonick Middle East Healthcare Pure Health Sam Zell U Source Type: blogs
Walgreens Boots Alliance Completes Majority Share Acquisition of CareCentrix
Partnership with CareCentrix extends care capabilities into the home to create a connected ecosystem for patients
Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced it has completed its previously announced majority share acquisition of CareCentrix, Inc.—the leading independent home-centered platform that coordinates care to the home for health plans, patients and providers. The majority investment in CareCentrix accelerates Walgreens Health’s capabilities in delivering quality healthcare across a spectrum of settings including primary care, specialty pharmacy care, post-acute care and home care.
By bringing ...
Source: EMR and HIPAA - September 9, 2022 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT CareCentrix Citi Cleary Gottlieb Steen & Hamilton LLP Health IT Acquisitions Healthcare M&A Home-Based Care John Driscoll NASDAQ: WBA Roz Brewer Sidley Austin LLP Walgreens Walgreens Boots Alliance Source Type: blogs
