Morning Headlines 12/11/18

Former Director Of Healthcare Services Company Charged In Alleged $300 Million Investment Fraud Scheme

Federal officials arrest Pavandeep Bakhshi, a former Constellation Healthcare Technologies board member, for his role in a scheme that attempted to trick investors out of $300 million meant to help take the company private.

University of Maryland Medical System investigating malware attack

The University of Maryland Medical System recovers from a ransomware attack that impacted 250 of the system’s desktop computers.

GI Partners and TA Associates to Acquire Allscripts’ stake in Netsmart Technologies

Shares of Allscripts rise on the news that GI Partners and TA Associates will acquire its stake in Netsmart Technologies for $525 million.

U.S. Department of Veterans Affairs Partners with T-Mobile to Help Expand Access to Health Care for Veterans

T-Mobile will provide the VA with 70,000 lines of wireless service to help it expand telehealth services for veterans.

Seattle Children’s spin-out MDmetrix adds operating room capabilities, looks to expand

Health data analytics startup MDmetrix expands into operating room capabilities with OR Advisor, and looks to expand beyond its Seattle Children’s roots.