MedTrainer Announces $43 Million Series B Funding Round Led by Vista Equity Partners
Healthcare compliance and learning platform vendor MedTrainer raises $43 million in a Series B funding round.
Iris Telehealth Raises $40 Million in Series B Funding to Combat Behavioral Healthcare Crisis
Virtual mental health company Iris Telehealth raises $40 million in Series B funding.
Virtual diabetes clinic 9am.health raises $16 million in a Series A funding round.
Northwell Health (NY) and Aegis Ventures launch Ascertain, a joint venture devoted to developing and commercializing healthcare AI companies.
Healthtech firm Biofourmis to earn unicorn status with General Atlantic funding
Sources say that upcoming funding from General Atlantic will give virtual care and digital therapeutics vendor Biofourmis a valuation of over $1 billion.
ModMed achieves the top customer ranking for its integrated practice management, EHR, and RCM software, according to a Black Book survey of end users working in surgical specialties.
Expiration Date of Tender Offer for Cerner Corporation Shares Extended to May 11, 2022
Oracle extends its Cerner acquisition deadline from April 13 to May 11, with no other changes of terms to the $28 billion deal.
Imprivata acquires digital identity management vendor SecureLink.
CliniSys acquires ApolloLIMS to grow community and public health diagnostics capability
Laboratory systems vendor CliniSys Group acquires ApolloLIMS.
Vytalize Health raises over $50M Series B to advance value-based care
Senior-focused value-based care company Vytalize Health raises $50 million in a Series B funding round.
Tech-enabled mental health and substance use treatment provider Forge Health raises $11 million in a funding round led by HC9 Ventures.
Diligent Robotics, developer of the Moxi robot that performs delivery tasks for healthcare teams, raises $30 million in a Series B funding round.
VA looking into ‘root cause’ of EHR outage that also hit DoD, Coast Guard
All federal Cerner systems – DoD, VA, and Coast Guard – went down for two hours Wednesday due to a server problem.
Doceree Closes $11 Million Series A Funding Round Led by Eight Roads Ventures
Healthcare marketing firm Doceree, which helps brands reach physicians on point-of-care platforms like EHRs, raises $11 million in a Series A funding round.
Hybrid mental health and substance abuse treatment provider Eleanor Health raises $50 million in a Series C funding round.
AI-powered diagnosis system vendor Viz.ai raises $100 million in a Series D funding round that values the company at $1.2 billion.
UnitedHealth, Change Healthcare extend closure of merger deal by 9 months
UnitedHealth Group and Change Healthcare extend their merger closing deadline to December 31.
Aspirion Health Resources Announces Combination with ARx
RCM provider Aspirion acquires health system RCM outsourcer ARx.
Evernow Raises $28.5M in Series A Funding to Redefine Menopause Treatment
Women’s telemedicine and online prescription startup Evernow raises $28.5 million in a Series A funding round.
Adam Boehler and Martin Ventures Invest in Healthcare Company for People with Disabilities
StationMD, a telemedicine company specializing in treatment for people with intellectual and developmental disabilities, raises $3.2 million.
Healthtech Leader Eon Announces $16MM Growth Equity Investment Led by Integrity Growth Partners
Patient capture, engagement, management, and tracking software vendor Eon raises $16 million.
Cloud-based analytics and value-based payments software vendor Clarify Health raises $150 million in a Series D funding round.
HealtheMed Secures Funding to Fuel Expansion of Digital Care Service
Home-based virtual care company HealtheMed, which focuses its services on Medicaid patients in Minnesota, raises $1.2 million in seed funding.
Mindtree Invests in COPE Health Solutions to Accelerate its Healthcare Business
Technology consulting firm Mindtree invests in consulting and analytics company Cope Health Solutions.
Eleos Health Raises $20M to Unlock In-Session Behavioral Health Voice Data
AI-powered, clinical documentation company Eleos Health raises $20 million in a Series A funding round led by F-Prime Capital and Eight Roads Ventures.
Private equity firm Patient Square Capital will acquire acute care telemedicine provider SOC Telemed for $3 per share, for a total of about $300 million.
SOC Telemed went public via a SPAC merger in November 2020 at $10 per share.
TLMD shares traded at a low of $0.58 in late January 2022.
A reader asked whether anyone visited the booth of First Line Software at HIMSS22, thinking that they operate in Russia. I received this response from Anatoly Postilnik, head of the company’s healthcare practice. First Line Software’s healthcare offerings include real-world evidence and data, health data management, AI/ML, systems development and integration, and clinical quality and safety systems. He clarifies:
First Line is a US consulting and custom software development company with a stellar reputation. We are headquartered in Cambridge, MA and have no affiliation with Russia or its government, which is currently waging a horrific war in Ukraine. We have offices on every continent and used to have a presence in Russia, but much like McDonald’s, Microsoft, and other respected US and International companies, we have aggressively pulled out of Russia and severed all ties with this country, relocating our employees to other countries and providing financial assistance to them to alleviate hardship.
Listening: Gilbert Neal, whose tracks I found randomly on Spotify and then played most of the day Monday. It is genre-bending excellence in singing and songwriting, every track highly listenable with smart, clear lyrics (not the usual love-and-lust prattling trying to pass as profound) and musicality that might at any given moment suggest Billy Joel, Steely Dan, Moxy Fruvous, or a 1970s prog rock band. I haven’t heard music this emotionally engaging for a long time. Website. The best phrase I’ve heard lately is Gilbert’s term for a group of his friends that would make a smashing band name– “a cabal of ne’er-do-wells.”
April 6 (Wednesday) 1 ET. “19 Massive Best Practices We’ve Learned from 4 Million Telehealth Visits.” Sponsor: Mend. Presenter: Matt McBride, MBA, founder, president, and CEO, Mend. Virtual visits have graduated from a quickly implemented technical novelty to a key healthcare strategy. The challenge now is to define how telehealth can work seamlessly with in-person visits. This webinar will address patient satisfaction, reducing no-show rates to single digits, and using technology to make telehealth easy to use and accessible for all patients. The presenter will share best practices that have been gleaned from millions of telehealth visits and how they have been incorporated into a leading telemedicine and AI-powered patient engagement platform.
On demand: “Cybersecurity Threats Facing Healthcare Today.” Sponsor: Net Health. Presenters: Jason James, MS, CIO, Net Health; Monique Hart, MBA, CISO, Piedmont Healthcare; Jeffrey Rosenthal, , MBA CIO, Reliant Rehabilitation; David Jollow, MBA, CISO, Healogics. The panel of CIO and CISO leaders will discuss the cyberthreats that healthcare faces today. They will review security priorities for the increasingly complex healthcare IT environment that includes cloud-based applications, an increased number of endpoints that include connected devices and patient wearables, and patient portals.
Previous webinars are on our YouTube channel. Contact Lorre to present your own.
Advocate Aurora Enterprises, the development and commercialization arm of the Illinois-based health system, acquires MobileHelp, which offers remote patient monitoring and personal emergency response systems.
Cloud-based analytics and value-based payments software vendor Clarify Health raises $150 million in a Series D funding round, bringing its total raised to $328 million. The company acquired analytics company Embedded Healthcare last month.
Nurse-1-1, a nurse chat software startup that works with digital health companies, raises $2.3 million in seed funding.
Home-based virtual care company HealtheMed, which focuses its services on Medicaid patients in Minnesota, raises $1.2 million in seed funding.
Protenus names Michael Baglio (Codametrix) CTO and Sonal Patel (DataBank) VP of professional services.
Konica Minolta Healthcare Americas promotes Fumihiko Hayashida to president and CEO.
Kelly Ostertag (Pivot Point Consulting) joins Continuum Health IT as VP of operations.
Kyruus hires Gail Airasian, MBA as GM of emerging markets.
Edward T. A. Fry, MD begins his term as president of the American College of Cardiology. He helped launch Ascension-owned data quality management company Navion Healthcare Solutions.
Orbita hires Sara Inman, MA (Press Ganey) as SVP of sales and Elizabeth Glaser (2bPrecise) as SVP of marketing.
Madaket Health promotes Martin Cody to VP of sales.
Tiffani Misencik (Intelerad Medical Systems) joins Greenway Health as chief revenue officer.
Craig Richardville, MBA (SCL Health) becomes SVP/CIO of Intermountain Healthcare as it completes its acquisition of SCL Health, expanding Intermountain to 33 hospitals, 385 clinics, and 59,000 employees with operations in seven states.
Amerimed Medical Solutions implements Bamboo Health’s Pings and Spotlights real-time care notification and performance metrics technologies.
A survey of community mental health center executives conducted by Owl and MCHA finds that top priorities are staff training, delivering treatments to the right person at the right time, expanding care access, delivering evidence-based guidelines, and measuring individual outcomes.
A new KLAS report on the EHR market in Europe finds that Dedalus and CompuGroup Medical expanded their market share via acquisitions, with Cerner selling its Selene and Medico products to CGM in shifting its focus to Millennium and I.S.H. Med. Software Medical and Epic had the largest organic growth, while Epic’s performance score topped the list. Low-scoring vendors are ChipSoft and Cambio (Benelux and Northern Europe) and InterSystems and Dedalus (Western Europe), although InterSystems TrakCare has high user satisfaction in Southern Europe, particularly Italy.
ONC publishes the agenda for its 2022 Virtual Annual Meeting February 2-3 (education sessions) and April 13-14 (panel sessions, exhibit hall, and networking).
In Germany, a 60-year-old man is arrested for forgery for receiving COVID-19 vaccine injections 90 times to obtain vaccination proof cards to sell. He was caught when he showed up at the same vaccination center on consecutive days.
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SOC Telemed Stockholders Approve Acquisition by Patient Square Capital
SOC Telemed shareholders approve its sale to healthcare investment firm Patient Square Capital for nearly $300 million.
Advocate Aurora Enterprises acquires MobileHelp, which offers remote patient monitoring and personal emergency response systems.
Nurse-1-1 Raises $2.3 Million in Seed Funding, Pioneering “Conversational Marketing for Healthcare”
Nurse-1-1, a nurse chat software startup that works with other digital health companies, raises $2.3 million in seed funding.
The American Hospital Association tells federal regulators that hospital mergers, including associated technology benefits, lower costs and create better outcomes, benefiting their patients and communities.
Gozio Health Announces Financial Partnership with Morgan Stanley Expansion Capital
Wayfinding software company Gozio Health secures an undisclosed amount of funding from Morgan Stanley Expansion Capital.
Visante and TRG offer expanded pharmacy informatics and technology
Hospital pharmacy consulting firm Visante acquires The Robertson Group, which offers pharmacy informatics and technology consulting.
Thomas H. Lee Partners Acquires Intelligent Medical Objects
Private equity firm Thomas H. Lee Partners acquires Intelligent Medical Objects for a reported $1.5 billion.
Zephyr AI Raises $18.5 Million in Seed Funding Led by Lerner and M-Cor
Precision medicine and drug discovery analytics vendor Zephyr AI raises $18.5 million in seed funding.
Medical image sharing startup raises $16M
PocketHealth, a medical image-sharing startup based in Toronto, raises $16 million in a Series A funding round led by Questa Capital.
EHR vendor Practice Fusion will pay a $200,000 fine to resolve allegations that it failed to adhere to the terms of its deferred prosecution agreement, initiated to resolve criminal charges for its role in soliciting and receiving kickbacks in return for embedding electronic prompts in its EHR to influence the prescribing of opioid medications.
Ransomware group claims responsibility for cyber-attack on metro healthcare organization
Oklahoma City Indian Clinic announces that it was the victim of a cyberattack earlier this month by the Suncrypt ransomware group, which claims to have stolen 350 gigabytes of data.
Mental health-focused online medication and therapy startup Brightside Health raises $50 million in a Series B funding round.
Novant Health (NC) launches Novant Health Enterprises, an independent business focused on developing, acquiring, and scaling clinical, financial, and patient-oriented solutions.
With tech launches, Epic Systems looks to future of healthcare accessibility
Epic expands its 1,100 acre campus in Verona, WI with the opening of its 350-office Mystery building, the forthcoming opening of its Castaway building, and the addition of three more facilities within the next five years.
Enterprise AI and real-world data software vendor ConcertAI raises $150 million in a Series C funding round, bringing its total raised to over $300 million.
AmplifyMD snags $23m in F-Prime-led Series A
Specialty telehealth startup AmplifyMD raises $23 million in a Series A funding round.
Clearlake Capital-Backed nThrive Announces Name Change to FinThrive as Part of a Forthcoming Rebrand
Following its acquisition of TransUnion Healthcare late last year, RCM software vendor NThrive will change its name to FinThrive.
Change Healthcare said to announce buyer for ClaimsXten business as soon as next week
Change Healthcare will reportedly sell its claims payment and editing software business to Availity as potential acquirer UnitedHealth tries to work through DoJ antitrust concerns.
Private equity firms back Ensemble Health Partners in $5B+ deal
RCM software and services company Ensemble Health Partners secures funding from Berkshire Partners and Warburg Pincus that pushes its value to $5 billion.
DOJ joins whistleblower case against EHR vendor Modernizing Medicine and co-founder
The US Department of Justice joins a whistleblower lawsuit brought against Modernizing Medicine (now ModMed) and its CEO that accuses ModMed of falsely attesting that its EHR met Meaningful Use criteria, which caused users to submit inaccurate reports to CMS in earning MU incentives.
Tegria makes an unspecified “major” investment in England-based digital health consulting firm Cloud21, whose customers include several NHS hospitals.
Chapel Hill startup focusing on healthcare analytics, raises $2.5M, to expand
Quinsite, a healthcare analytics startup that markets its software to radiology practices, raises $2.5 million in seed funding.
As the agency faces continued criticism for its initial Cerner roll-out in Washington, VA Deputy Secretary Donald Remy says the agency is ready to launch a new Cerner system at its medical center in Walla Walla, WA this weekend.
Osso VR nets $66 million for surgical training
Virtual reality-based surgical training and assessment company Osso VR raises $66 million in a Series C funding round, bringing its total raised to $109 million.
Kaiser Permanente runs $1.5bn PE secondary sale as it looks to expand strategy
Kaiser Permanente is reportedly selling its $1.5 billion stake in several private equity funds, which includes investments in Ginger.io, Ingenious Med, Nordic, Rock Health, and Validic.
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And hope that he dumped the right ones.