Morning Headlines 7/26/24

HHS Reorganizes Technology, Cybersecurity, Data, and Artificial Intelligence Strategy and Policy Functions

HHS reorganizes to give ONC broader responsibility over technology, cybersecurity, data, and AI.

QuVa Pharma Completes Acquisition of LogicStream Health Combination Creates Integrated Platform of Compounded Medications, Distribution Services, and AI-Powered Data Solutions

QuVa Pharma acquires hospital pharmacy-focused predictive analytics company LogicStream Health.

Financial Management Systems: VA Should Improve Its Risk Response Plans

A GAO report finds that the VA is struggling with its implementation of a replacement benefits administration system, with estimates of total cost ballooning to $7.7 billion versus the VA’s estimate of $2.5 billion in 2019.

Astrana Health Enters Definitive Agreement to Acquire Collaborative Health Systems

Astrana Health (formerly known as Apollo Medical Holdings) will acquire Centene business Collaborative Health Systems, a management services organization for independent primary care practices.

CoachCare Announces $48 Million Investment Led By Integrity Growth Partners

Remote patient monitoring and virtual care company CoachCare secures $48 million in an investment round led by Integrity Growth Partners.