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Morning Headlines 9/6/18

September 5, 2018 Headlines No Comments

Blood-Testing Firm Theranos to Dissolve

Theranos tells shareholders it will dissolve and will work to pay off its creditors with remaining cash on hand.

Cricket Health Announces $24 Million Series A Funding Round to Provide Personalized, Cost-Effective Kidney Care

Tech-enabled kidney care company Cricket Health raises $24 million.

Plan VI – OSEHRA Launching Internationalized Version of VistA

The Open Source Electronic Health Record Alliance will develop a global version of VistA compatible with different languages.

Morning Headlines 9/5/18

September 4, 2018 Headlines No Comments

The Amazon-Berkshire-JPM health venture led by Atul Gawande has a COO: Jack Stoddard

Atul Gawande, MD taps former Comcast digital health GM Jack Stoddard to be COO of the still unnamed joint healthcare venture of Amazon, Berkshire Hathaway, and JPMorgan.

TRHC Acquires Mediture and eClusive

Medication risk management vendor Tabula Rasa Healthcare acquires EHR vendor Mediture and its third-party administrative services subsidiary EClusive for $22 million.

Persistent Systems Acquires Alum of 1st PULSE@MassChallenge Cohort Herald Health

Global technology services company Persistent Systems acquires Herald Health for $5.2 million.

Morning Headlines 9/3/18

September 2, 2018 Headlines No Comments

Los Angeles billionaire’s hospital system declares bankruptcy

Verity Health (CA) files for Chapter 11 in an effort to survive the health IT missteps of Patrick Soon-Shiong, MD who acquired the health system in July 2017 with promises of achieving the Triple Aim using Allscripts technology, which he seemed to favor as a company investor.

HCA Healthcare to buy North Carolina’s Mission Health for $1.5 billion

HCA Healthcare buys Mission Health for $1.5 billion and pledges to invest $25 million in an innovation fund for the North Carolina-based system.

You’ll Never Guess Which Company is Reinventing Health Benefits

Comcast invests in companies like Accolade and Grand Rounds to help keep employee deductibles surprisingly low.

Morning Headlines 8/31/18

August 30, 2018 Headlines No Comments

Otsuka Announces First Collaboration Agreement to Bring the ABILIFY MYCITE® System to the US Market

The first FDA-approved digital pill will soon be offered to Medicaid patients in certain markets suffering from schizophrenia and bipolar disorder.

Philips acquires Air Force technology for mobile patient monitoring

Philips Healthcare acquires patient monitoring technology from the US Air Force, with an eye towards further developing it for civilian telemedicine uses.

Centra launching new electronic health record system, anticipating increased wait times

Centra Health (VA) will go live on Cerner at each of its hospitals and 50 ambulatory and long-term care facilities September 1.

Morning Headlines 8/30/18

August 29, 2018 Headlines No Comments

Mississippi hospitals and owner seek bankruptcy, to be sold

Hospital and physician practice operator Curae Health (TN) files for Chapter 11, citing higher-than-expected EHR costs and an inability to pay its vendors (likely including Medhost) in a timely manner as contributing factors.

Groupon Cofounder’s Health Startup Hits $2 Billion Valuation With Latest Funding Round

Oncology-focused data analytics company Tempus raises $110 million, bringing its total raised to over $320 million.

Epic Systems CEO Judy Faulkner shares vision of single global network for patient data

Epic CEO Judy Faulkner sheds more light on the company’s One Virtual System Worldwide initiative, which would give health systems across the globe the ability to share data across a single network.

Morning Headlines 8/29/18

August 28, 2018 Headlines No Comments

Harris Healthcare Group Acquires Iatric® Systems, Inc.

Harris Computer Systems acquires Iatric Systems, which it will run as an independent business unit.

Did Patrick Soon-Shiong’s high-tech gamble help bring 6 hospitals to the brink?

Debt-ridden Verity Health System, acquired by Patrick Soon-Shiong last year, will file bankruptcy in the next few weeks thanks in part to poor health IT decision-making.

Bridge Connector Raises $5.5M To Connect CRMs And Health Care Data

Palm Beach Gardens, FL-based Bridge Connector, which integrates customer relationship management systems with EHR and other hospital systems, raises $5.5 million in a Series A funding round.

St. Luke’s opens ‘virtual hospital’ in Boise

St. Luke’s Boise Medical Center (ID) opens a 60-station, 350-employee virtual hospital that will offer clinic consultation, hospital consultation, and home monitoring.

Morning Headlines 8/28/18

August 27, 2018 Headlines No Comments

Verscend Technologies, Inc., Completes Acquisition of Cotiviti Holdings, Inc.

Verscend Technologies wraps up its $4.9 billion acquisition of healthcare payments vendor Cotiviti, with Verscend President and CEO Emad Rizk, MD maintaining his role over both businesses.

After planting its flag with remote staff, tech company CDW wants to bring its office culture to Nashville

Hardware, software, and IT services company CDW opens a new office in Nashville to better cater to its healthcare customers.

Humana To Establish Center For Digital Health And Analytics In Boston

Humana opens Studio H in Boston to focus on developing digital health products and analytics for internal use, plus senior-focused healthcare solutions.

Morning Headlines 8/27/18

August 26, 2018 Headlines No Comments

Genevieve Morris resigns from VA-focused CHIO role

Genevieve Morris, a key leader of the VA’s Cerner implementation, turns in her resignation less than two months into the job.

23andMe will no longer let app developers read your DNA data

Home genetic test vendor 23andMe will turn off API access to its anonymized data sets, telling developers that they can access company-generated reports but not the underlying data.

Epic Systems Corp. to draw huge crowd for its annual Users Group Meeting, starting Monday

Epic expects to host 8,000 users and 9,000 of its own employees at UGM this week.

This firm already microchips employees. Could your ailing relative be next?

Three Square Market is developing medical microchips with GPS tracking and voice activation aimed at dementia and Alzheimer’s patients.

Hospital’s coordination center brings patients more efficient care

Staff at Yale New Haven Hospital’s Capacity Coordination Center credit Epic dashboards with helping ambulances avoid overcrowding area hospitals during a K2 overdose crisis that saw 114 calls come in over a two-day period.

Morning Headlines 8/24/18

August 23, 2018 Headlines 1 Comment

Your Office Doctor Is Getting a Big Push From Private Investors

New Enterprise Associates will invest $165 million in Paladina Health, an employer-focused primary care company acquired from DaVita in June for $100 million.

Cerner and Duke Clinical Research Institute Collaborate on Cardiac Risk App

Cerner and Duke Clinical Research Institute develop an atherosclerotic cardiovascular disease risk calculator app that estimates 10-year and lifetime risk using basic patient information that can be used during a PCP or cardiologist visit.

Mediware® Acquires Rock-Pond Solutions

Mediware buys Rock-Pond Solutions, an Arkansas-based provider of business intelligence and analytics for home infusion, home medical equipment, and specialty pharmacy businesses.

Morning Headlines 8/23/18

August 22, 2018 Headlines No Comments

The Man Who Used To Run Medicaid Has A New Idea To Make It Better

Former CMS Administrator Andy Slavitt launches The Medicaid Transformation Project to help 17 hospitals improve care for Medicaid patients – efforts that will be aided by digital health firm Avia.

hc1.com Expands Focus on Precision Health Solutions, Completes Series B Round

Healthcare CRM and analytics firm HC1 wraps up a Series B funding round with $10 million from Health Cloud Capital.

Montgomery General Hospital Signs for MEDITECH Expanse with Subscription-Based MaaS Model

Montgomery General Hospital (WV) will become the first to launch Meditech’s cloud- and subscription-based EHR when it goes live in September.

Morning Headlines 8/22/18

August 21, 2018 Headlines No Comments

Paul Singer, Doomsday Investor

A New Yorker article describes the hostile shareholder attack launched last year on Athenahealth by activist investor Paul Singer’s Elliott Management, noting how the firm often uses questionably ethical tactics to pressure recalcitrant CEOs of targeted companies.

Alphabet-backed One Medical is in talks to raise more than $200 million 

CNBC reports that primary care group One Medical is discussing a possible $200 million fund raise from a private equity firm that will also buy $100 million of existing shares.

NCPDP Takes Ownership of NIST ePrescribing Testing Tool

NCPDP takes ownership of NIST’s ERx Validation Suite, an ONC-approved e-prescribing testing tool.

Recondo Acquires Reseller Client Base from Optum

Recondo takes over the contracts of customers who had purchased a subset of its EmpoweredPatientAccess patient access solutions from The Advisory Board Company via a reseller agreement.

How Facebook — yes, Facebook — might make MRIs faster

Facebook’s AI team works with New York University’s medical school to develop an algorithm that could speed up the MRI process.

Morning Headlines 8/21/18

August 20, 2018 Headlines No Comments

VA, Walgreens collaborate to improve care coordination for Veterans

The VA gives its providers the ability to automatically view the immunization and medication histories of those patients who are also Walgreens pharmacy customers.

SOC Telemed Acquires JSA Health, Becomes Largest Acute TelePsychiatry Provider in the U.S.

Acute virtual care company SOC Telemed acquires behavioral health telemedicine vendor JSA Health for an undisclosed sum.

Audacious Inquiry Announces Promotion of Scott Afzal to President

Healthcare software, services, and strategy company Audacious Inquiry promotes Scott Afzal to president.

Amazon hires a star cardiologist to help its push into health

MIT lecturer and cardiologist Maulik Majmudar, MD joins Amazon in an unstated role.

Morning Headlines 8/20/18

August 19, 2018 Headlines No Comments

Anthem $115 Million Data Breach Settlement Approved by Judge

Anthem settles its huge 2015 data breach for $115 million, of which it will make $15 million available to reimburse the resulting out-of-pocket expenses of its 19 million customers who were represented in the class group.

Mayo Medical Laboratories, National Decision Support Company team up to develop CareSelect™ Blood, a comprehensive approach to patient blood management

Mayo Clinic and National Decision Support Company develop CareSelect Blood, which offers 100 Mayo-maintained transfusion guidelines integrated into EHR ordering workflows.

Choosing Wisely Clinical Decision Support Adherence and Associated Inpatient Outcomes

A Cedars-Sinai study finds that failing to use available real-time clinical decision support was associated with a 7.3 percent increase in encounter cost, a 6.2 percent increase in length of stay, and a higher incidence of readmission and complications.

Morning Headlines 8/17/18

August 16, 2018 Headlines No Comments

Cerner to take over MCHS IT department

Cerner ITWorks will take over the IT department of Medical Center Health System (TX) beginning September 10.

Google is reportedly developing an AI assistant that recommends workouts and meal plans

Google is developing an AI-powered wellness assistant for smart watches that will proactively encourage users to make healthy choices based on their appointments, recorded activities, reminders, and location.

Black Book Releases 2018 State of Healthcare IT Consulting Report, Triple Digit Growth Projected for High Demand Expertise

A Black Book report on health IT consulting predicts firms will rake in $53 billion by the end of this year, with the bulk of that coming from software implementation, optimization, integration, and support.

Morning Headlines 8/16/18

August 15, 2018 Headlines No Comments

HHS awards $125 million to support community health center quality improvement

HHS will award $125 million in grants to 1,352 community health centers to help them improve care access and outcomes, and advance their use of health IT.

Best Buy Acquires GreatCall, A Leading Connected Health Services Provider

Best Buy acquires GreatCall, which offers emergency response services and digital health devices for seniors, for $800 million.

Kindbody Purchases Cloud-Based Software From IVFqc

Women’s health and fertility care company Kindbody purchases the IVFqc cloud-based EHR and billing software assets of Althea Science.

Morning Headlines 8/15/18

August 14, 2018 Headlines 1 Comment

Alphabet puts another $375 million into Josh Kushner’s Oscar Health, just months after previous investment

Alphabet invests $375 million in data- and technology-focused insurance startup Oscar, following participation by two Alphabet subsidiaries in a funding round a few months ago that valued the company at over $3 billion.

Geisinger and Merck Unveil New Applications Developed to Help Improve Patient Communication and Care Delivery

Geisinger and Merck launch a patient-caregiver communication, and medication reconciliation and adherence app, both of which will use SMART on FHIR to connect to EHRs.

Sansoro Health Raises $8M to Accelerate Electronic Health Record Interoperability

Digital health-EHR integration platform vendor Sansoro Health raises $8 million in a Series B investment round, increasing its total to $14 million.

Morning Headlines 8/14/18

August 13, 2018 Headlines No Comments

Watson Health: Setting the Record Straight

IBM SVP John Kelly rebuts a Wall Street Journal article that called Watson Health’s effectiveness in oncology into question, saying that, “To suggest there has been no patient benefit is to ignore both what we know The Wall Street Journal was told by a number of physicians around the world and these institutions’ own public comments.”

Microsoft, Amazon, Google, IBM, Oracle, and Salesforce issue joint statement for healthcare interoperability

Amazon, Google, IBM, Microsoft, Oracle, and Salesforce pledge to break down barriers to interoperability at the CMS Blue Button 2.0 Developer Conference in Washington, DC.

Staffers are fleeing as central Maine hospital system is roiled by turmoil

Central Maine Healthcare EVP David Tupponce admits the health system’s Cerner EHR has been a big contributing factor to high physician turnover.

Google DeepMind’s AI can detect over 50 sight-threatening eye conditions

A study conducted at Moorfields Eye Hospital in London reveals that DeepMind’s algorithms can detect over 50 eye conditions with 94-percent accuracy.

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