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News 11/17/21

November 16, 2021 News 5 Comments

Top News

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Population health management company Lightbeam Health Solutions will acquire CareSignal, which offers more than 30 condition-specific remote patient monitoring programs, for an undisclosed sum.

I interviewed CareSignal CEO Blake Marggraff last year. He launched the company coming out of pre-med in 2015 at the age of 22.


Webinars

None scheduled soon. Previous webinars are on our YouTube channel. Contact Lorre to present your own.

Here’s the recording of our recent webinar titled “Increasing OR Profitability: It May Be Easier than you Think,” sponsored by Copient Health.


Acquisitions, Funding, Business, and Stock

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Ribbon Health raises $43.5 million in a Series B funding round. The company has developed an API that enables health IT developers to access data on doctors, insurance plans, and costs and quality of care.

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Workforce management software vendor QGenda acquires Schedule360, which offers Best in KLAS nurse and staff scheduling software.

H1, which offers drug companies a platform to identify opinion leaders and to monitor the drug trials of competitors, raises $100 million in a Series C funding round.


Sales

  • The Maryland Department of Health will use NTT Data’s consulting services to enhance its Medicaid Enterprise Systems Modular Transformation program with tech-enabled solutions.
  • MetroHealth in Cleveland enters into a managed services agreement with Pivot Point Consulting for its Epic EHR.
  • Ergotron will integrate Imprivata’s Confirm ID technology with its CareFit Pro Medical Cart, giving hospital staff password-free access to cart drawer contents.
  • Premier’s PINC AI will conduct a hospital-acquired infections clinical trial with medical solutions company Mölnlycke using Premier’s anonymized clinical data and provider network to test interventions, including its TheraDoc clinical surveillance technology.

People

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Nasim Afsar, MD, MBA (UCI Health) will join Cerner as its first chief health officer in January.

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Oscar Callejas, MSE (Hillrom) joins Olive as SVP of customer programs.

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Carrum Health hires Randy Hawkins, MD (ConsumerMedical) as chief medical officer.

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Tony Burke (Pivot Health Advisors) joins Teladoc Health as SVP of partnerships and innovation.

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Care transitions software vendor ReferWell hires Chad Baugh, MBA (Teladoc Health) as chief revenue officer.


Announcements and Implementations

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PerfectServe brings together its clinical collaboration, physician scheduling, patient engagement, and practice communication technologies under the Unite platform.

Elevate Holistics launches a medical marijuana card platform that includes patient scheduling, an EHR that supports telehealth, an online store for selling nutraceuticals and CBD, and a partner marketing integration system with custom landing pages.

Big news from HIMSS22: Michael Phelps, who used to swim fast, will keynote. Maybe healthcare experts Dana Carvey, A-Rod, and that mountain climber who sawed his own arm off weren’t available to reprise.


Other

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Researchers at the University of Texas Health Science Center at Houston develop the Epilepsy Tracking and Optimized Management Engine, an informatics tool designed to help physicians better manage the care of epileptic patients. Neurologist Katherine Harris, MD says the software has helped cut her billing documentation time down from 20 clicks in her EHR to just three clicks using EpiToMe, which also includes modules for reports, statistics, and scheduling.

A Stat investigative report says that Ascension, the country’s largest Catholic health system at 140 hospitals, is running a $1 billion private equity operation like a Wall Street firm rather than as a passive investor.  The article notes that the tax-exempt health system isn’t required to disclose how its investment profits are used to benefit vulnerable patients.

Analysis finds that private equity-owned air ambulance services bill higher rates and generate surprise patient bills more frequently, charging 60% more than other carriers.

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Former Sanford Health (SD) CEO Kelby Krabbenhoft, who left the system in late 2020 after making controversial remarks about his refusal to wear a mask, received a payout of nearly $50 million. The health system says he would have been contractually owed the money regardless of his departure circumstances, which involved $15 million in severance, $29 million in retirement payout, and $5 million in salary. Sanford Health ended its planned merger with Intermountain Healthcare because of the leadership change.


Sponsor Updates

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  • ConnectiveRx team members support Operation Gratitude with a financial donation and cards of support for veterans.
  • Netsmart will integrate the American Society of Addiction Medicine’s Continuum and Co-Triage assessment tools with its EHR.
  • Al Kindi Hospital in Jordan selects Wolters Kluwer Health’s UpToDate and Medi-Span Clinical solutions.
  • EClinicalWorks releases a new podcast, “PDMP Software for Safe Prescribing of Controlled Substances.”
  • The Behavioral Healthcare Executive Podcast features AdvancedMD President Amanda Hansen.
  • Actium Health releases a new Hello Healthcare Podcast, “Physician Relations: A Love Letter.”
  • Change Healthcare helps measure and reduce carbon emissions from the healthcare industry.
  • Optimum Healthcare IT wins the CHIME Foundation Partner of the Year Award.
  • Ellkay will exhibit at Modernizing Medicine’s Momentum Conference November 19-21 in Orlando.
  • Waystar achieves top rankings in Black Book’s latest customer experience RCM technology and outsourcing report in the categories of end-to-end RCM software & technology, hospital chains, systems, corporations, IDNs & corporation; and end-to-end RCM software & technology, community hospitals & medical centers.
  • OptimizeRx will host the second annual Innovate4Outcomes event virtually December 9.
  • Health Catalyst partners with Datavant, enabling healthcare and life sciences organizations to exchange tokenized, de-identified data within Health Catalyst’s Research Network and Touchstone Match.

Blog Posts


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Currently there are "5 comments" on this Article:

  1. so some guy with a cool name said some really stupid things but then “…….received a payout of nearly $50 million.”

    Maybe healthcare isn’t really broken but the way we incentivize stupidity is?

  2. While I’m not a big “random celebrity as speaker at IT conference” guy I will say I’ve seen him at another tech conference and he tells a pretty compelling and personal story around mental health which is a good discussion to be having. He seems to be very engaged in the mental health community now through his foundation and sponsorships and the motivation is genuine. So at least there is a legit healthcare connection there. I’d encourage people to reserve judgement, even if we can all roll our eyes at the inherent waste of healthcare dollars paying these celebrity speaker fees. My personal vote would be to have no paid speakers.

  3. Disgusting ….Former Sanford Health (SD) CEO Kelby Krabbenhoft, who left the system in late 2020 after making controversial remarks about his refusal to wear a mask, received a payout of nearly $50 million.

  4. Is it just me, or does Kelby Krabbenhoft sound like a character right out of Lemony Snicket? Or maybe Spongebob Squarepants?







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