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Morning Headlines 8/2/19

August 1, 2019 Headlines No Comments

Nordic launches Cerner Solutions

Nordic expands beyond its Epic roots to add Cerner consulting services.

Babylon Health will achieve unicorn status thanks to Saudi-backed funding round

Babylon Health will soon reach unicorn status thanks to a forthcoming $100 million to $500 million investment from Saudi investors, allowing it to move forward with previously announced US expansion plans.

Comcast-backed Accolade buys healthcare data firm

Personalized health and benefits solution vendor Accolade acquires physician performance data company MD Insider.

COTA, Inc. Announces Headquarter Relocation to Boston for Continued Growth

Oncology analytics vendor Cota will relocate its headquarters from New York City to Boston.

Morning Headlines 8/1/19

July 31, 2019 Headlines No Comments

DOD’s Next Electronic Health System Rollout Will Be Different, Officials Say

DoD officials assure the next round of MHS Genesis end users that they will receive improved training, change management, and infrastructure during the September roll outs.

Google’s DeepMind says its A.I. tech can spot acute kidney disease 48 hours before doctors spot it

DeepMind announces its AI software can detect acute kidney disease up to 48 hours before physicians recognize its symptoms.

32 Million Breached Patient Records in First Half of 2019 Double Total for All of 2018

Protenus reports that 31,611,235 patient records have been breached in the first six months of 2019 – more than double the number reported for all of the previous year.

Morning Headlines 7/31/19

July 30, 2019 Headlines 1 Comment

CMS Advances MyHealthEData with New Pilot to Support Clinicians

CMS will pilot its “Data at the Point of Care” project starting in September, which will display Medicare claims data to providers via an API.

Microsoft, Amazon, other tech giants forge ahead on healthcare data sharing pledge

Technology leaders Amazon, Google, IBM, Microsoft, Oracle, and Salesforce reaffirm their commitment to interoperability and list their accomplishments toward it over the past year, including releasing open source FHIR tools and new specifications.

Cerner Leads New Era of Health Care Innovation

Cerner names Amazon Web Services as its preferred cloud provider and will work with AWS to deliver machine learning solutions, analytics, and HealtheDataLab for analyzing patient data.

Serve Veterans and service members by leading the DoD/VA Federal Electronic Health Record Modernization Program Office

The DoD and VA seek a director and deputy director to oversee the Federal Electronic Health Record Modernization Program Office.

Morning Headlines 7/30/19

July 29, 2019 Headlines No Comments

Kaiser Permanente Appoints Prat Vemana First Chief Digital Officer

The Home Depot Chief Product and Experience Officer Prat Vemana will become chief digital officer for Kaiser Foundation Health Plan and Hospitals on August 12.

EQT Partners, CPPIB to Buy Majority Stake in Bain’s Waystar

Bain Capital agrees to sell its majority stake in RCM vendor Waystar to EQT Partners and Canada Pension Plan Investment Board.

Streamline Health Announces Wyche T. (Tee) Green, III, As Interim President and Chief Executive Officer to Focus on Revenue Growth

Streamline Health names chairman and former Greenway Health CEO Tee Green interim president and CEO.

Surescripts ups its battle with Amazon PillPack: ‘We are turning the matter over to the FBI’

Surescripts terminates its contract with ReMy Health after discovering that it allowed PillPack to access customer prescription data sourced from Surescripts without permission.

VA achieves critical milestone in its Electronic Health Record Modernization Program

The VA transfers 23.5 million patient records from VistA to a Cerner data center that’s also managing DoD patient records.

Morning Headlines 7/29/19

July 28, 2019 Headlines No Comments

Joe Kvedar, MD, new President-Elect of the ATA

The American Telemedicine Association elects Partners HealthCare VP of Connected Health Joe Kvedar, MD as its next president.

Queensland hospitals are $36 million in debt

The Sydney newspaper notes that Queensland’s public health system lost $25 million last year, with the health minister naming as a key factor the cost of its over-budget Cerner EHR implementation.

How tech-infused primary care centers turned One Medical into a $2 billion business

After raising over $400 million, membership-based primary care company One Medical’s value increases to $2 billion.

Morning Headlines 7/26/19

July 25, 2019 Headlines No Comments

Livongo shares surge in market debut as digital health space heats up

Health Catalyst and Livongo become the first digital health companies to IPO since 2016.

After shutdown, Call9 founder plans a comeback

Call9 co-founder and CEO Tim Peck, MD says the shuttered nursing home telemedicine company will re-open as Call9 Medical.

Ciox Secures Equity Investment from Merck Global Health Innovation

Records release vendor Ciox Health raises $30 million in a funding round led by Merck Global Health Innovation Fund and New Mountain Capital.

VA Doesn’t Really Know What It Costs To Run VistA

A new GAO report on expected VistA maintenance costs during the VA’s 10-year transition to Cerner leaves lawmakers uneasy about the true cost of the conversion project.

Morning Headlines 7/25/19

July 24, 2019 Headlines 1 Comment

Tenet to spin-off Conifer unit; shares up 3% premarket

Conifer Health Solutions CEO Stephen Mooney steps down as parent company Tenet Healthcare formalizes plans to sell off the RCM business by 2021.

JPMorgan Chase Closes InstaMed Acquisition

First announced in May, JPMorgan Chase wraps up its $500 million acquisition of healthcare payments software vendor InstaMed.

Cerner Reports Second Quarter 2019 Results

Cerner reports Q2 results: revenue up 5%, adjusted EPS $0.66 vs. $0.62, beating earnings expectations but falling short on revenue.

Health-tech start-up AliveCor poaches an Amazon director to be its new CEO

Heart health monitoring company AliveCor taps Amazon GM and Alexa director Priya Abani to be its CEO.

Morning Headlines 7/24/19

July 23, 2019 Headlines No Comments

Data analytics provider Health Catalyst ups share offering and raises proposed IPO range to $24 to $25

Health Catalyst revises its IPO filings to increase both the number of shares and the planned share price range, now valuing the company at just under $1 billion.

Interoperability Standards Advisory: 2019 Request for Comments

ONC opens its annual review period for the Interoperability Standards Advisory for interoperability specifications and standards.

Computer issues continue at Springhill Medical Center

Systems at Springhill Medical Center (AL) remain down after what an anonymous employee claims is a ransomware attack.

Former Sutter IT exec said management fired him for reporting patient care failures

Former Sutter Health IT Chief Operations Officer Stuart James sues the health system, claiming it wrongfully terminated him after a May 2018 system-wide computer failure and then defamed him by naming him as being let go because of the downtime.

Morning Headlines 7/23/19

July 22, 2019 Headlines No Comments

Livongo expected IPO pricing raised, boosting market cap to $2.31 billion

Livongo increases its expected IPO pricing to $24 to $26 a share, boosting the potential value of the nearly 11 million shares to $278 million.

LabCorp Expands Consumer-Initiated Test Offering

LabCorp expands its Pixel service to give consumers the ability to purchase tests online, drop off their specimens at an approved service site, and receive results via a secure portal.

Radiology Partners Receives $700 Million Investment from Starr Investment Holdings

Starr Investment Holdings invests $700 million in Radiology Partners, a physician-led practice with locations in 21 states that also offers consulting, IT, and RCM services.

Morning Headlines 7/22/19

July 21, 2019 Headlines No Comments

Tech IPOs Keep Popping as Phreesia Surges 53% in Debut

Phreesia shares rose as much as 53% from their opening price of $18 on their first day of trading on the NYSE Thursday, closing at $26.75.

Amazon threatens to sue major pharmacy player if it prevents PillPack from accessing patient drug data

Amazon threatens to sue Surescripts, which is partially owned by Amazon competitors CVS and Express Scripts, over threats to revoke its mail-order pharmacy’s access to patient medication lists.

Marshfield Clinic Health System outsourcing some jobs

Marshfield Clinic Health System (WI) lays off 46 employees as it transitions its release-of-information jobs to Ciox.

Morning Headlines 7/19/19

July 18, 2019 Headlines No Comments

Healthcare Interoperability Leader ELLKAY Acquires X-Link

Interoperability solutions vendor Ellkay acquires the assets of Legal Easy, which includes the X-Link interfacing software that connects EHRs, practice management systems, and other healthcare technologies.

Health System Boards Lack Sufficient Oversight Over Technology, Black Book Survey Reveals

A Black Book poll finds that 4% of health system boards include members with health IT experience, with 91% of boards relying on consultants to develop IT strategy.

ECG and Oncology Resource Consultants Merge to Establish the Industry’s Leading Oncology Consulting Practice

ECG Management Consultants merges with oncology consulting practice Oncology Resource Consultants.

Morning Headlines 7/18/19

July 17, 2019 Headlines No Comments

Proficient Health Merges with Firm Specializing in Mobile Communication Apps

Referral management software vendor Proficient Health merges with clinical communications company MD Interconnect.

John Muir Health and Optum Launch New, Comprehensive Relationship to Advance Quality Care and Experiences for Patients in Bay Area

Over 500 John Muir Health (CA) employees will transition to Optum as it takes over the health system’s IT, RCM, analytics, purchasing, and claims processing.

Philips acquires Boston start-up Medumo to help hospitals communicate with patients

Philips acquires pre-exam patient engagement startup Medumo for an undisclosed sum.

Software firm, health care provider accuse each other of theft; Houston mayoral candidate working the case

In Pennsylvania, Post Acute Medical files a lawsuit against software vendor Meridian Hospital Systems accusing it of abruptly terminating its software access, refusing to return its patient and business data, and violating HIPAA.

Morning Headlines 7/17/19

July 16, 2019 Headlines No Comments

Intermountain Healthcare Announces New Company to Elevate Value-Based Care Capabilities

Intermountain Healthcare (UT) creates Castell, a company that will help providers, payers, and ACOs transition to value-based care through proven care models, technology, analytics, and digital tools.

Casetabs Raises $3M in Funding

Surgery coordination software vendor Casetabs raises $3 million, bringing its total raised to over $16 million.

Eight California Hospitals Join Manifest MedEx

Eight Prime Healthcare hospitals in California join the non-profit Manifest MedEx HIE, joining the seven Prime hospitals that are already members.

Morning Headlines 7/16/19

July 15, 2019 Headlines No Comments

Healthcare startup Livongo is gearing up to go public at a valuation of up to $2.4 billion. Here are the execs and investors who stand to benefit the most.

Diabetes monitoring technology vendor Livongo updates its SEC filing, indicating that CEO Zane Burke’s shares could be worth as much as $23 million, while Chairman Glen Tullman holds shares worth $87 million and the venture firm he co-founded with Lee Shapiro holds another $129 million worth at the top of the IPO range.

SPH and SA Ignite Partner to Strengthen Quality Payment Program Offerings for Value-Based Healthcare Organizations

Population health management technology vendor SPH Analytics will acquire SA Ignite, which offers analytics to improve federal value-based care payments.

A Statement from Our CEO

Surescripts files a motion to dismiss the Federal Trade Commission’s allegations of antitrust behavior in the electronic prescribing market.

Morning Headlines 7/15/19

July 14, 2019 Headlines No Comments

Baring Private Equity Asia to buy CitiusTech

Hong Kong-based Baring Private Equity Asia will acquire CitiusTech in a deal that values the healthcare consulting and technology company at $1 billion.

After $60M loss, New England health system plots plan for profitability

Covenant Health blames its fifth straight money-losing year on a prolonged Epic implementation that decreased hospital and practice productivity by 30%.

PeaceHealth confirms 50 layoffs across multiple PeaceHealth locations

PeaceHealth (WA) lays off 50 IT employees as it centralizes tech support following its Epic go-live three years ago.

Siemens Healthineers, University of Missouri System and University of Missouri Health Care announce formation of new strategic alliance

Siemens Healthineers will provide the University of Missouri System and University of Missouri Health Care with laboratory and imaging technology, enterprise services, and digital solutions through their new Alliance for Precision Health.

Morning Headlines 7/12/19

July 11, 2019 Headlines No Comments

PerfectServe Names Healthcare and Technology Veteran Guillaume Castel as New CEO, Appoints Terry Edwards as Chairman of the Board

Guillaume Castel (Inova Health System) replaces Terry Edwards as CEO of PerfectServe.

Notification of protected health information breach

Essentia Health (MN) notifies 1,000 patients that their personal data may have been compromised during an email phishing incident at its billing services vendor, Nemadji Research.

WellSky Celebrates Grand Opening of New World Headquarters and Announces Inaugural WellSky Foundation Recipient

WellSky (the former Mediware Information Systems) celebrates the opening of its new headquarters in Kansas with a $50,000 donation to local provider Midland Care Connection.

23andMe is moving into Apple’s territory with a pilot to pull in medical data, not just DNA

23andMe gives a subset of customers the ability to add lab results, medication information, and medical history to their genetic data through the Human API medical data network.

Morning Headlines 7/11/19

July 10, 2019 Headlines No Comments

Waystar Acquires Digitize.AI to Automate Prior Authorization

RCM vendor Waystar acquires prior authorization startup Digitize.AI.

Rhapsody and Corepoint Merge to Advance Interoperability in Healthcare

Health data integration and exchange companies Corepoint Health and Rhapsody decide to merge.

Stratasan Secures $26 Million Investment Led by Fulcrum Equity Partners

Healthcare data analytics business Stratasan raises $26 million in a funding round led by Fulcrum Equity Partners.

Fujifilm Opens New Company Headquarters for Medical Device and IT Groups in Lexington, Massachusetts

Fujifilm Medical Systems USA and Fujifilm New Development relocate their respective headquarters to a 28,000 square foot facility in Lexington, MA.



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