Good for the blokes at Craneware. If you’re going to sell your company to be over-leveraged and sold-off piecemeal, leaving…
Monday Morning Update 5/12/25
Top News
Virtual care provider Omada Health files for an IPO, reporting a $44 million loss on $170 million in 2024 revenue.
The company posted strong revenue growth and a narrower net loss compared to 2023.
Co-founder and CEO Sean Duffy has led Omada since 2011, following stints as a Medgadget blog contributor and developer of Excel training tools. He dropped out of Harvard’s medical and business schools in 2010.
Reader Comments
From Not Pratap Sarker: “Re: Oak Street Health. Moving away from Greenway’s EHR and RCM services. This is Greenway’s largest customer. Their EHR Canopy currently sits on top of GW.” Unverified. I’ve emailed Greenway’s media contact. UPDATE: Oak Street is moving to Epic. Thanks to Brendan Keeler for sending a link to details. Oak Street is also listed on Epic’s UserWeb.
HIStalk Announcements and Requests
The top responses from last week’s poll suggest that the best sales and marketing activity is to let your product and support do the talking.
New poll to your right or here: For those over 50, what is the #1 thing you wish you had done differently? I’ve run this question a couple of times over the years, hopefully giving the under-50 folks time to replot their course if needed. I’m sure they would also benefit from an explanatory poll comment if you are so inclined.
Thanks to the volunteers who contributed to the first of my revived Executive Watercooler frontlines report. If you’re in a decision-making role at a health system, ACO, or hospital-owned medical group; serve as a CMIO, CNIO, or clinical informaticist; lead a health system IT organization; or work as a digital health executive, you’re welcome to join them. You’ll get a monthly question by email to which you just click “reply” with your answer.
Alabama teacher Ms. H sent some photos from her elementary school class, for which reader donations funded STEM-based centers.
Sponsored Events and Resources
None scheduled soon. Contact Lorre to have your resource listed.
Acquisitions, Funding, Business, and Stock
The FDA approves the Teal Wand, a prescription device that lets average-risk women collect a cervical cancer screening sample at home, mail it in, and review results via telehealth. Shipping begins in June and the company is seeking coverage from insurers.
Kouper Health, which offers AI-powered tools to manage post-discharge care transitions and reduce readmissions, raises $10 million in funding. Co-founder and CEO Salman Ali, MBA, previously co-founded the at-home sleep apnea testing company GetSnooze.
Nordic-owned Healthtech opens Canadian offices in Halifax, Montreal, and Vancouver.
Definitive Healthcare reports Q1 results: revenue down 7%, EPS $0.05 versus $0.08, beating estimates for both. DH shares rose 31% on the news, valuing the company at $398 million. They’re down 29% in the past 12 months.
Former Theranos CEO and current federal inmate Elizabeth Holmes is reportedly advising her partner Billy Evans – a hotel heir and father of their two children — on his new medical testing AI startup. The company is raising funds to develop what it calls “the future of diagnostics” and “a radically new approach to health testing” for “human health optimization.” A recent patent claims that the technology can analyze sweat, urine, saliva, and small blood samples. That’s the happy couple above in pre-incarceration days with their husky Balto, which Holmes insisted was a wolf and whose eventual disappearance she blamed on a mountain lion that carried him off.
Sales
- University of Iowa Health Care will implement Visage Imaging’s Visage 7 in a $13 million contract.
People
The FDA hires Jeremy Walsh (Booz Allen Hamilton) as its first chief AI officer.
Intermountain Health promotes Tamara Moores Todd, MD to chief health informatics officer and Jason McClellan, RN, MBA to chief clinical informatics officer.
Tiffany Hodgins, MSHI (Health Catalyst) joins Sacvalley Medshare as chief technology and quality officer.
Jay Scholes (Veradigm) joins Advantmed as VP of sales.
Announcements and Implementations
Black Book Research overhauls its healthcare IT research model, adding AI-driven real-time sentiment analysis, redesigned KPIs, continuous survey pilots, and broader access to reports that are neither paywalled nor vendor-sponsored.
A year-long independent study finds that use of an AI assistant – Navina’s AI Copilot in this analysis – reduced clinical review time for complex visits by 40%, decreased physician burnout by 32%, and improved value-based performance as measured by Risk Adjustment Factor and Star quality ratings.
Nova Scotia Health delays the go-live of its Oracle Cerner Canada system until December, following its 10-year, $260 million agreement that was signed in February 2023. No reason was provided.
Sponsor Updates
- Optimum Healthcare IT publishes a new case study titled “Northeast Georgia Health System’s Cloud-First Transformation Journey.”
- PerfectServe announces the winners of its 2025 Nurses of Note Awards Program.
- RLDatix signs a Memorandum of Understanding with the Department of Health – Abu Dhabi to develop a patient safety system using its technology.
- Sonifi Health will exhibit at the Texas Regional HIMSS Conference May 12-14 in Grapevine.
- TeamBuilder will present at The Millenium Alliance Transformation Assembly May 13-14 in Dallas.
- A new Wolters Kluwer Health survey finds that nursing schools will more than double their use of generative AI over the next two to three years.
The 2025 MedTech Breakthrough Award winners include the following HIStalk sponsors:
- Capital Rx’s Judi Health (best insurtech solution).
- CliniComp (EHR innovation award).
- Timely by DrFirst (best overall patient engagement platform).
- Elsevier ClinicalKey AI (AI innovation award).
- Inovalon’s Social Drivers of Health Market Insights (best data visualization solution).
- Navina (best use of AI in healthcare).
- SmarterDx (best overall healthcare operations solution).
- Symplr (best healthcare big data platform).
- TrustCommerce, a Sphere company (healthcare payments innovation award),
- Waystar (best overall healthcare payments solution provider).
- WellSky (best home healthcare solution).
Blog Posts
- Closing Gaps and Integrating Specialists: The Future of Value-Based Care (Inovalon)
- The Path to Integrated Care: 5 Things to Look for in a Technology Platform Partner (Netsmart)
- Data & Analytics Spotlight: A Q&A with Stats Lover Rochelle Henderson (Surescripts)
- The Power of Nurses: Honoring Nurses Week with Technology & Time (Symplr)
- Navigating CMS-0057: What Providers Need To Know (Tegria)
- Solution spotlight: 3 innovations to enhance patient financial care + maximize collections (Waystar)
Contacts
Mr. H, Lorre, Jenn, Dr. Jayne.
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Sponsorship information.
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Oak Street is indeed moving to Epic. Their team posted open positions to that extent
https://www.linkedin.com/posts/patelravik_excited-to-share-oak-street-health-and-cvs-activity-7325918234388430850-_FcC?utm_source=share&utm_medium=member_android&rcm=ACoAAAPkL9sB4lo5Yq0uDubv8utDDC3_gQq7qQY
I really appreciate the poll. As someone under 50, thank you to those >50 who respond. Already seeing health and “smelling the roses” as top responses. If you would be willing to share any health specifics in the comments, would be greatly appreciated!
As a 60+ person, I would manage my stress better. I was busy building a career in my 30s, and a business in my 40s and 50s. I allowed too much stress in my life. The physical manifestations of stress finally caught up with me. I’m in the process of reversing that now. My tip is to manage your stress and not allow too much stress in your daily life, it has cumulative effects.