The Illustra solution appears to be a model wherein the Illustra staff map or translate your data into their algorithms.…
News 6/13/25
Top News
Scotland-based Craneware, which develops hospital revenue integrity software, rejects a $1.4 billion acquisition offer from Bain Equity after concluding that the proposal undervalues the company.
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
Health benefits solution vendor Capital Rx acquires Amino Health and will add its provider search, appointment scheduling, cost estimates and prescription savings capabilities to its Judi pharmacy benefit operations management platform.
Oracle announces Q4 results: revenue up 11%, EPS $0.19 versus $0.11, beating Wall Street expectations for both. The only mention of its health business in the earnings call was that Oracle Health is among the segments that are gaining users from competitors that have struggled with the shift from on-premise to cloud.
Clinical data exchange technology vendor MRO acquires Q-Centrix, which offers an enterprise clinical data management platform.
Ellipsis Health, which offers AI-powered healthcare voice agents for care management, raises $45 million in a Series A funding round.
Announcements and Implementations
A new AMA policy calls for clinical AI tools to include explainable output and safety and efficacy data to support informed decision-making by clinicians.
A publication in Sweden says that Oracle Health executives have admitted that its Millennium system was classified incorrectly under the EU’s Medical Device Regulation and should have not been brought live. Swedish authorities previously launched an investigation when the $190 million implementation in the Västra Götaland region experienced data handling problems.
Government and Politics
A Florida-based substance use disorder clinic will pay $1.9 million to settle FTC allegations that its CIO and chief marketing officer ran Google ads that impersonated other clinics to generate inbound consumer calls. The FTC says that the company ran at least 68,000 Google search ads that generated 3,500 calls to its call center from people who were attempting to contact competing clinics, which it says violates the FTC Act and the Opioid Addiction Recovery Fraud Prevention Act of 2018.
A GOP-submitted draft House Veterans’ Affairs bill would reintroduce into law several previously removed VA EHR accountability and governance requirements, including standardized reporting, leadership roles, and data protections. The bill’s EHR provisions are nearly identical to those that were submitted by Democrats in May 2024 that were removed “due to lack of political viability.”
Privacy and Security
Central Maine Healthcare continues to work to restore its systems that were taken offline by a cyberattack on June 1.
Sponsor Updates
- Team HCTec wins the inaugural Tennessee HIMSS golf tournament.
- Capital Rx releases a new episode of “The Astonishing Healthcare Podcast” titled “Poster Presentations: The Utility of ICD Codes, and How Text Messages & Pharmacist Outreach Aids Medication Adherence.”
- TruBridge will present at the Truist Securities Healthcare Disruptors & Digital Health Conference June 24-25 in New York City.
- Black Book Research shares 15 top-rated healthcare technology vendors recognized for excellence based on polling of European healthcare leaders.
- Findhelp welcomes new customers Diverge Health, Florida Health Orange County, and the Town of Brookline, MA.
- Five9 announces new AI Agents and AI Trust & Governance solutions, powered by its Agentix Experience Engine.
- Fortified Health Security names Angie Dai business development representative.
- Health Data Movers hires Alexis Woltermann as account manager.
- “PSQH: The Podcast” features Inovalon SVP of provider surveillance and safety Hayley Burgess in an episode titled “Transforming Patient Safety with Technology.”
- KLAS recognizes InterSystems and Healthfirst with its 2025 Points of Light Award for improving continuity of care after acute events.
- Navina wins a Gold Stevie Award in the AI/Machine Learning Solution – Healthcare category at the American Business Awards.
Blog Posts
- How Altera gives back through volunteering (Altera Digital Health)
- The CX Awards Playbook: 6 Customer-First Strategies From the Boldest Brands in the Game (Five9)
- The High Cost of Manual Claims Processing – and How to Fix It (Inovalon)
- Understanding the 2025 Federal Moves on Price Transparency (Kyruus)
- Simplifying revenue cycle: Strategies for improved cash flow (Meditech)
- Optimizing Release of Information to Strengthen Revenue Cycle Performance (MRO)
Contacts
Mr. H, Lorre, Jenn, Dr. Jayne.
Get HIStalk updates.
Send news or rumors.
Follow on X, Bluesky, and LinkedIn.
Sponsorship information.
Contact us.
Good for the blokes at Craneware. If you’re going to sell your company to be over-leveraged and sold-off piecemeal, leaving someone other than Bain holding the bag, best to get a fair price. Perhaps the stockholders and employees deserve a fair price for the end of their business.
Re AMA and Explainable AI: this AMA approach seems to eliminates many AI algorithms that are already in place and have proven to be quite safe and effective.
One simple example is medical image analysis which has been proven to outperform radiologists in several specific cases. As a patient, I want that AI.
Also, while explainability can definitely foster trust, it is not the only way. No doubt the AMA means well but it’s just not that simple.
There is a better way to ensure AI is safe and effective and that is to use a risk framework such as the International Medical Device Risk Framework (IMDRF).