Morning Headlines 2/24/16
ResMed to Acquire Brightree for $800 Million
ResMed, a sleep apnea medical device manufacturer, will acquire Brightree, a software vendor focused on the clinical and business needs of home health and hospice markets, for $800 million.
Our Next Chapter for Standards and Technology: Introducing the ONC Tech Lab
ONC introduces the ONC Tech Lab, a group that will focus on standards coordination, development of testing tools, pilot project coordination, and health IT innovation.
eClinicalWorks Enters Acute Care Market
eClinicalWorks announces that it will develop a cloud-based acute care EHR with an anticipated general release sometime in 2017.
Oscar Health Gets $400 Million And A $2.7 Billion Valuation from Fidelity
Tech-savvy insurance startup Oscar Health raises a $400 million private equity investment from Fidelity on a $2.7 billion valuation. The company plans to expand to three or four new states per year as its works to grow its membership level to one million subscribers within the next five years.
Sounds reasonable, until you look at the Silicon Valley experience. Silicon Valley grew like a weed precisely because employees could…