News 5/23/25

Top News

Digital physical therapy company Hinge Health raises $273 million during its IPO, giving it a $2.6 billion valuation.

The San Francisco-based company has raised more than $1 billion since launching in 2014.

HIStalk Announcements and Requests

Welcome to new HIStalk Platinum Sponsor Fortified Health Security. As a managed security service provider, Fortified offers a broad range of advisory and security operations center (SOC) services that help organizations throughout the healthcare ecosystem protect patient data and reduce risks. Working alongside their clients, Fortified builds customized programs for healthcare organizations that leverage their prior security investments and current processes while implementing new solutions that strengthen their security posture over time. Thanks to Fortified for supporting HIStalk.

Sponsored Events and Resources

Live Webinar: June 18 (Wednesday) noon ET. “Fireside Chat: Closing the Gaps in Medication Adherence.” Sponsor: DrFirst. Presenters: Ben G. Long, MD, director of hospital medicine, Magnolia Regional Health Center; Wes Blakeslee, PhD, vice president of clinical data strategies, DrFirst; Colin Banas, MD, MHA, chief medical officer, DrFirst. Magnolia Regional Health Center will describe how its Nurse Navigator program used real-time prescription fill data from DrFirst to identify therapy gaps and engage patients through timely, personalized outreach. The effort led to a 19% increase in prescription fills and a 6% drop in 30-day readmissions among participating patients. Attendees will learn why prescribing price transparency is key to adherence, how real-time data helps care teams support patients between visits, and how Magnolia aligned its approach with value-based care and population health goals.

Contact Lorre to have your resource listed.

Acquisitions, Funding, Business, and Stock

Sources say that private equity firm Blackstone is the frontrunner in acquisition offers for revenue cycle company AGS Health in what could be a $1 billion deal. Parent company EQT began considering strategic alternatives for AGS last September.

Truepill (white label digital pharmacy), Veritas (genetics), LetsGetChecked (home testing kits), and Alto (prescription delivery) come together to form Fuze Health. LetsGetChecked acquired Truepill in 2024 for $525 million, $25 million of which was cash.

Acute care telehealth company Equum Medical acquires the virtual clinical services of VeeOne Health. VeeOne will focus on its remaining service lines that include ambulatory care, virtual nursing, remote patient monitoring, hospital at home, and acute inpatient care.

Sales

• Dallas-based AccentCare will implement Netsmart’s CareFabric platform within its medical group.

People

Michael Volpi (RWJBarnabas Health) joins Comport Consulting as VP of healthcare technology.

Anish Arora (Cardinal Health) joins TigerConnect as VP of product.

Announcements and Implementations

TigerConnect announces GA of its CareConduit automated clinical workflow software.

Wolters Kluwer Health develops Ovid Guidelines AI to help healthcare researchers and organizations develop clinical practice guidelines using agentic AI.

Innovaccer launches Innovaccer Gravity to help providers unify and glean insights from data and expand adoption of AI.

Government and Politics

The VA renews its contract with Oracle Health for another 12 months. The department renegotiated its contract with the company in 2023, turning a five-year agreement into five one-year terms.

Other

Emory Healthcare’s Hillandale Hospital (GA) replaces all of its legacy computing devices with Apple products. The health system had already been using some Apple devices at its facilities. It decided to first pilot the all-Apple concept across one floor of its St. Joseph’s Hospital after clinicians noticed that Apple products were not impacted by CrowdStrike’s downtime debacle last year. Staff at Emory, an Epic customer since 2022, say Epic’s integration with Mac also helped to spur the project along.

Sponsor Updates

• Medicomp Systems releases a new “Tell Me Where IT Hurts” podcast episode featuring Lynn Carroll, COO of HSBlox.
• Wolters Kluwer Health offers new data from the fifth edition of its “State of Drug Diversion” report.
• Nordic publishes a new research brief titled “Closing the AI governance gap: Build a strong foundation for success.”
• Ellkay joins the Meditech Alliance as an innovator member.
• Health Data Movers names Morgan Kent (Medhost) account manager.
• Infinx forms a strategic advisory board to strengthen customer advocacy and innovation in healthcare.
• Nordic joins Operation Song to empower veterans through music.
• Optimum Healthcare IT releases a new episode of its “Visionary Voices” podcast titled “The Evolving Role of the CIO with Craig Richardville.”
• Redox releases a new episode of its “Shut the Back Door” podcast titled “An AI agenda – Robots, rules, and really big questions.”
• Rhapsody publishes a new customer story titled “Axia Women’s Health saved $300,000, replacing a standalone API engine with Rhapsody Corepoint.”

Blog Posts

• What You Need to Know About Interoperability and How it Affects You: Part 3 (Netsmart)
• Reclaiming clinical capacity: Addressing burnout and restoring empathy through optimized health IT (Altera Digital Health)
• Decoding Social Care: Understanding Available Data Standards (Findhelp)
• Transforming care through collaboration: Lessons from the frontlines of value-based healthcare (Healthmonix)
• Hospital Staffing in Summertime (Impact Advisors)
• Looking to maximize your revenue opportunities? Meditech can help (Meditech)
• Tackling Top Cybercrime Trends with Healthcare Security Best Practices (MedTech Solutions)
• Navigating the transition to V28: Impact in 2025 (Navina)
• Implementing and Utilizing Integrations in Healthcare (PerfectServe)

Contacts

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