News 3/19/25

Top News

Veradigm files its long-overdue 2022 10-K, which also contains certain restated financial statements for periods in fiscal year 2022, 2021 and 2020.

Total revenue rose slightly in 2022, but EPS from continuing operations plunged from $0.92 to –$0.18, with an $86 million loss.

Nasdaq delisted MDRX in February after the company failed to file its 2022 report and multiple quarterly statements. Veradigm attributed the issue to a software error that overstated financials over six quarters.

MDRX shares, which now trade on the OTC market, have fallen 40% in the past year. The company hopes to regain Nasdaq listing status.

Veradigm spent eight months through January 2025 seeking a buyer, but received no offers from 30 interested parties.

HIStalk Executive Watercooler

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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. Presenters: Scott Cullen, MD, senior advisor, Health Data Analytics Institute; David Clain, chief product officer, 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

AI-powered RCM vendor Infinx marks its second acquisition of the year with the purchase of Glidian, a prior authorization automation company based in California. It acquired pathology billing and RCM business MedReceivables Advisor earlier this year.

People

Nordic appoints Steve Eckert, MBA (Cook Children’s Health Care System) chief growth officer.

Siemens Healthineers names John Kowal president and head of the Americas. He was formerly president of the Americas at Varian Medical Systems, which Siemens acquired in 2021.

Loyal names Nanette Oddo (Truveris) CEO.

Jeff Evans (CAE Healthcare) joins Qventus as chief commercial officer.

J. Michael Kramer, MD, MBA (Health Value Leadership) joins Cone Health (NC) as CMIO.

Announcements and Implementations

EHR vendor Canvas Medical announces an open source AI copilot and ambient documentation system.

Government and Politics

NHS England informs 5,000 patients of an administrative error that blocked them from receiving routine screening reminders. The decades-long issue, initially identified on a small scale last year, stemmed from GP practices failing to fully complete patient registrations, preventing automatic transfer of data to screening reminder systems.

Sponsor Updates

• Altera Digital Health publishes a new client story titled “Psychology service digitised and integrated into trust-wide EPR at Liverpool Heart and Chest Hospital.”
• AvaSure will exhibit at AONL March 30-April 2 in Boston.
• Capital Rx releases a new episode of “The Astonishing Healthcare Podcast” titled “Building Judi, the Healthcare Infrastructure of the Future, with Liya Lomsadze.”
• Censinet releases a new case study titled “Enhancing Rural Healthcare Cybersecurity and Risk Management at Faith Regional.”
• Clearwater publishes a first-of-its-kind report examining the cybersecurity performance of private equity-backed portfolio companies in healthcare.
• DrFirst announces its products have earned HITRUST i1 certification for information security.
• CliniComp wins a Platinum Pinnacle Award for its role as a Trailblazer in Healthcare Technology.

Blog Posts

• High-Risk Medical Coding: Debridement Coding & Documentation (AGS Health)
• The Latest from Vital Signs: Healthcare Jobs on the Rise, Patient Portal Message Volumes, and Prior Authorization Challenges (AdvancedMD)
• Rethinking Revenue Management with AI–Efficiency, Security and Growth (FinThrive)
• Medical Billing Services for Small Practices: Solving Your Revenue Cycle Challenges (Inovalon)
• Building a healthier future together: Wolters Kluwer’s commitment to strategic collaborations (Wolters Kluwer Health)
• Better care, lower costs: The advance care planning solution hospitals ignore (Nordic)
• RCM resource roundup: Activating AI for prior authorization + denial prevention (Waystar)
• What happened in Vegas: Top takeaways from HIMSS25 (Altera Digital Health)
• Healthcare dashboards: 8 impactful models + metrics to track (Arcadia)
• A Hierarchy of Healthcare Interoperability Needs (Clinical Architecture)
• A Health IT Leader’s Wish List for 2025: Tech Equity and Health Equity (Consensus Cloud Solutions)
• HIMSS25: Reflecting on a Successful Event (Dimensional Insight)
• How to Build a Diverse Workforce in Healthcare Through Human-Centered Recruiting (Direct Recruiters)
• Glimmers From HIMSS: Announcements, Recognition, and Collaboration Shine Bright in Glittery Las Vegas (DrFirst)
• Unveiled: You’ll Need to Know These Innovative Strategies Healthcare CIOs are Using (CereCore)

Contacts

Mr. H, Lorre, Jenn, Dr. Jayne.
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