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News 3/5/25

March 4, 2025 News No Comments

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Clearlake Capital acquires a majority stake in specialty-focused health IT vendor ModMed from Warburg Pincus in a deal that values the company at $5.3 billion.

Warburg Pincus first invested in ModMed eight years ago and considered selling its stake in 2022, the same year in which the vendor paid $45 million to settle a 2017 whistleblower lawsuit.


Reader Comments

From Joyful Noise: “Re: HIMSS25. Hal Wolf reports 28,600 in attendance, 11,000 of them non-vendors.”

From Dr. Anton Phibes: “Re: health stations. Here we go again. Is anybody making money off these or improve patient access or care?” Predictmedix AI launches Smart Health AI Stations for the US market, hiring an outside marketing firm to sell devices that don’t yet exist while hoping to generate interest in demos of the 10 units it apparently hasn’t yet built (thus no photos, even a mock-up). The company seems too busy to post product details — or even its own press release — on its website. Its marketing partner, best known for car fleet management, has also dabbled in COVID-19 disinfection tech and pharmacogenomic testing for seniors. The market has repeatedly expressed its lack of interest in these health telephone booths, even when sold by companies with far better odds than this one.

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From No HIMSS For Me: “Re: HIMSS25. The federal government has cancelled all travel, and by extension, participation in HIMSS. This follows the abrupt ‘retirement’ of the DHA director that was announced the same day.” Army Lt. Gen. Telita Crosland, MD, MPH, MS, the top official in the Defense Health Agency, retired (reportedly not voluntarily) after 32 years in Army Medicine. She oversaw the MHS Genesis rollout.


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Sponsored Events and Resources

Live Webinar: March 20 (Thursday) noon ET. “Enhancing Patient Experience: Digital Accessibility Legal Requirements in Healthcare.” Sponsor: TPGi. Presenters: Mark Miller, director of sales, TPGi; David Sloan, PhD, MSc, chief accessibility officer, TPGi; Kristina Launey, JD, labor and employment litigation and counseling partner, Seyfarth Shaw LLP. For patients with disabilities, inaccessible technology can mean the difference between timely, effective care and unmet healthcare needs. This could include accessible patient portals, telehealth services, and payment platforms. Despite a new presidential administration, requirements for Section 1557 of the Affordable Care Act (ACA) have not changed. While enforcement may unclear moving forward, healthcare organizations still have an obligation to their patients for digital accessibility. In our webinar session, TPGi’s accessibility experts and Seyfarth Shaw’s legal professionals will help you understand ACA Section 1557 requirements, its future under the Trump administration, and offer strategies to help you create inclusive experiences.

Live Webinar: March 27 (Thursday) noon ET. “How to Improve Clinical Workflows with AI Chart Summaries and Risk Predictions.” Sponsor: Health Data Analytics Institute. Presenter Scott Cullen, MD, senior advisor, Health Data Analytics Institute. Learn how the EHR-embedded HDAIAssist tool is transforming the ability of clinicians to pull insights out the mountains of data that have accumulated in the EHR, quickly, accurately, and cost-effectively. HDAlAssist, which is part of HealthVision, the intelligent health management system, combines AI chart summaries and granular risk predictions to quickly inform care planning decisions, especially for the most complex, high-risk patients.

Contact Lorre to have your resource listed.


Acquisitions, Funding, Business, and Stock

The board of 23andMe rejects the take-private proposal of CEO Anne Wojcicki, who had reduced her proposed price from last month by 84%. Shares dropped hard on the news,taking the company’s market cap down to $37 million.

CareCloud acquires Mesa Billing as it restarts its acquisition strategy for aggressive expansion.


Sales

  • Summa Health (OH) will adopt Clearsense’s 1Clearsense data-enablement platform.
  • League will add longitudinal patient data from Arcadia to its healthcare consumer experience platform.
  • Signature Healthcare (MA) selects Health Catalyst’s Ignite data and analytics software.
  • LucidHealth (OH) will replace its legacy PACS system with Visage Imaging’s Visage 7 Enterprise Imaging Platform.
  • Suki will incorporate Wolters Kluwer Health’s UpToDate clinical decision support capabilities into its ambient clinical documentation assistant.
  • Emory Healthcare chooses Atropos Health to generate evidence from real-world data.

People

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Ellkay promotes President Ajay Kapare, MBA to the additional role of CEO.

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Volpara Health Chief Customer and Financial Officer Craig Hadfield will become CEO April 1.

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Dan Zamansky, MBA (Amazon) joins Amwell as chief product and technology officer.

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EHealth Technologies names Ken Wolf as chief commercial officer.

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DirectTrust names Lisa Nelson, MS, MBA (ADVault) chief technical officer.

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Inovalon names Adam Kansler, JD (S&P Global) CEO.

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HHS/ASTP appoints Steven Posnack, MS, MHS as acting head of ASTP/ONC.

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Augusta Health (VA) promotes Leigh Williams, MHIIM to VP/CIO.


Announcements and Implementations

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Beginning next week, NYU Langone Health patients will be able to verify their identity upon check-in using Amazon One palm-scanning technology integrated with the hospital’s Epic software. The health system is the first healthcare organization to deploy the technology. It plans to implement the feature across its facilities by the end of the year.

Harmony Healthcare IT announces GA of ClearWay, an AI-based solution that automates the abstraction and submission of clinical registry data.

Microsoft launches Microsoft Dragon Copilot, a clinical workflow assistant that combines the capabilities of Dragon Medical One and DAX Copilot. Capabilities include ambient note creation, AI-powered medical information searches, and automation of tasks such as referral letters and after-visit summaries.

Stryker announces a badge communication device for care team members. The company acquired Vocera for $3 billion in early 2022.

Emory Healthcare (GA) pilots Atropos Health’s evidence-generation platform as part of a new clinical decision-making tool.

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AvaSure launches Virtual Care Assistant, which receives and routes inpatient requests for assistance.

Cisco will integrate Webex Contact Center with Epic.

InterSystems launches IntelliCare, which brings AI capabilities to its TrakCare EHR that is sold outside the US.


Government and Politics

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The Advanced Research Projects Agency-Health (ARPA-H) selects Planned Systems International to support the design of a new electric vehicle-based care delivery platform that incorporate networked medical devices and virtual care capabilities to improve healthcare access for rural patients.


Sponsor Updates

  • Waystar launches Auth Accelerate to automate the authorization submission process.
  • CliniComp wins a Platinum Pinnacle Award in the trailblazer in healthcare technology category.
  • Meditech introduces new intelligent workflows to its Traverse Exchange interoperability network.
  • A new FinThrive survey highlights the top three actions that healthcare organizations are taking in light of an escalation in industry cyberattacks.
  • Symplr launches its SymplrAI Evidence Analysis chatbot as a part of its new Operations Platform.
  • Frost & Sullivan honors DrFirst with its Enabling Technology Leadership Award.
  • Meditech collaborates with Google Cloud to bring the latest advancements in multimodal AI to its Expanse EHR.
  • Surescripts publishes its “2024 Annual Impact Report,” noting that it exchanged patient clinical and benefit information 27.2 billion times, a 14.2% increase over the prior year.
  • Capital Rx releases a new episode of “The Astonishing Healthcare Podcast” titled “Medicare Star Ratings: Updates, How Judi Helps, and More, with Angela Kalantarova, PharmD.”
  • Philips Capsule Surveillance wins a User Experience Design – IF Design Award.
  • Clearwater will sponsor McDermott Will & Emery’s HPE Miami 2025 March 5-6.
  • CloudWave announces it is using Google Security Operations to enhance its managed Cybersecurity as a Service and Medical Device Security offerings.
  • Elsevier announces enhancements to ClinicalKey AI clinical decision support solution, including new integrations with Epic and DrFirst’s IPrescribe software.

Blog Posts


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