Morning Headlines 11/22/21
Bain, Hellman & Friedman Near Deal to Buy Athenahealth
The Wall Street Journal reports that two private equity firms are close to a deal to acquire Athenahealth for $17 billion, including debt.
Nuance Announces Fourth Quarter and Fiscal Year 2021 Results
Nuance announces Q4 results: revenue up 8%, adjusted EPS $0.09 versus $0.14.
Avodah Closes $7 Million Seed Round to Scale Digital Healthcare Platform with AI Capabilities
Avodah will use a $7 million seed round to further develop its AI-powered AvodahMed technology, which includes remote pre-visit administration, patient monitoring, and care management.
CenTrak Advances Managed Services with Infinite Leap Acquisition
RTLS vendor CenTrak acquires healthcare IT consulting and managed services company Infinite Leap for an undisclosed sum.
re: Cigna payment model/denials - this is not surprising at all. I had a client sue another large national payer…