Morning Headlines 2/28/24

Veradigm to Acquire ScienceIO

Veradigm will acquire healthcare AI company ScienceIO for $140 million.

Military health records system Genesis out of action ‘intermittently,’ agency says

Several Defense Health Agency hospitals in Japan and Alaska have reported intermittent MHS Genesis outages lasting for several hours on Tuesday.

Outages from cyberattack at UnitedHealth’s Change Healthcare extend to seventh day as pharmacies deploy workarounds

Change Healthcare parent company UnitedHealth Group says 90% of the nation’s pharmacies have set up electronic workarounds to handle prescription processing while they wait for Change’s systems to come back online.

Ransomware gang seeks $3.4 million after attacking children’s hospital

The Rhysida ransomware group attempts to sell data stolen from Lurie Children’s Hospital (IL) on the dark web for a total of $3.4 million.

Morning Headlines 2/27/24

B.well Connected Health Secures $40M to Power The Connected Health Ecosystem

B.well Connected Health raises $40 million in a Series C funding round, more than doubling the consumer-focused health data aggregator’s total raised since launching in 2015.

Reveleer Secures $65 Million in Financing to Drive Strategic Expansion and Enhance Product Offerings

Payer and provider data and analytics company Reveleer announces $65 million in new funding.

R1 RCM majority shareholders consider taking company private

R1 RCM shares jump on the news that majority shareholder New Mountain Capital has offered to acquire it in a deal valued at $5.8 billion.

Change Healthcare / Optum Network Connectivity and Additional Recommendations

The Health-Information Sharing and Analysis Center publishes a Threat Bulletin on the Change Healthcare cyberattack that includes details on its possible connection to recent ConnectWise ScreenConnect vulnerabilities and suggested mitigation steps.

Morning Headlines 2/26/24

Abridge scores $150M Series C as race to save doctor’s appointment heats up

AI clinical documentation company Abridge raises $150 million in a Series C funding round.

UnitedHealth subsidiary Change Healthcare down for a fourth day following cyberattack

Change Healthcare continues efforts to recover from a cyberattack that parent company UnitedHealth Group suspects is the brainchild of a “nation-state,” according to its Thursday filing with the SEC.

Tuned Secures $3.2M Seed Extension to Scale Hearing Health Benefits for Modern Workforce

Employer-focused digital hearing health company Tuned raises $3.2 million in an investment round led by Unum Group.

Morning Headlines 2/23/24

Dario and Twill Join Forces to Shape the Future of Digital Health

DarioHealth, which offers digital solutions for the management of chronic conditions, will acquire mental health and wellness app company Twill.

CPSI To Rebrand as TruBridge Inc.

CPSI will rebrand to TruBridge, the RCM, business management, consulting, and managed IT services subsidiary it created in 2017.

HHS’ Office for Civil Rights Settles Second Ever Ransomware Cyber-Attack

Greenridge Behavioral Health will pay $40,000 and implement a corrective action plan to settle HIPAA-related charges stemming from a 2019 ransomware attack on the practice that exposed the PHI of 14,000 patients.

Morning Headlines 2/22/24

Fabric announces $60M Series A led by General Catalyst

AI-powered healthcare enablement software vendor Fabric raises $60 million in a Series A funding round.

US health tech giant Change Healthcare hit by cyberattack

Change Healthcare works to recover from an unspecified cybersecurity issue that has compromised the ability of some pharmacies to fill prescriptions.

Elektra Health seeded $3M for virtual menopause care

Virtual menopause care company Elektra Health announces $3.3 million in extended seed funding, with UPMC Enterprises leading the round.

HealthSnap Closes $25 Million Series B Funding Amidst Continued Triple Digit Growth of Remote Patient Monitoring and Chronic Care Management Platform

HealthSnap, a remote patient monitoring and chronic care management company based in Miami, raises $25 million in a funding round led by Sands Capital.

Morning Headlines 2/21/24

UnityAI Secures $4 Million in Seed Funding to Revolutionize Hospital Flow

UnityAI, an AI-powered hospital bed management software startup, raises $4 million in seed funding.

US and UK Disrupt LockBit Ransomware Variant

The DoJ and international law enforcement partner agencies announce they have effectively taken down the LockBit ransomware group, which has targeted numerous healthcare organizations since surfacing in 2019.

9amHealth raises $9.5M extension for virtual metabolic care

9amHealth extends its $16 million Series A funding round with the addition of a $9.5 million investment from The Cigna Group Ventures.

Morning Headlines 2/20/24

To Avoid Bankruptcy, EMR Firm Settles Lawsuit for $4M

Connexin Software, parent company of pediatric health IT vendor Office Practicum, agrees to settle a series of class-action lawsuits related to a 2022 data breach for $4 million.

The doctor will see you now: Auburn’s Rural Health Initiative provides innovative health care access

Auburn University’s Rural Health Initiative will use a USDA telemedicine grant to install telemedicine carts at 14 locations across Alabama.

Omni Family Health experiences ‘attempted cybersecurity incident,’ says no data stolen

Omni Family Health (CA) works to bring its NextGen EHR and other internal systems back online after an attempted cyberattack forced it to downtime procedures last week.

Morning Headlines 2/19/24

Dina Raises $7 Million to Expand Digital Care-at-Home Platform and Network

Virtual and in-home care software vendor Dina raises $7 million in a Series A funding round led by Osage Venture Partners.

Independent pediatricians who can’t bill patients during Lurie Children’s outage can apply for loans

Lurie Children’s is offering community pediatric practices emergency loans to help see them through any billing gaps that might occur as a result of the cyberattack that has forced Lurie’s Epic system offline since January 31.

Twin Cities hospital data company hit with cyber attack

Consulting Radiologists says it thwarted a cyberattack last weekend that temporarily interrupted some imaging services at several hospitals.

Morning Headlines 2/16/24

250,000 VA Patients Are at Risk of Receiving Wrong Medication Due to Electronic Health Records Issue

The VA Office of the Inspector General reveals that patient medication histories are not transferring between the Oracle Health EHR used at five VA hospitals and the VistA system used at the VA’s other facilities, putting 250,000 veterans at risk of potential medication errors.

Revolutionizing the Emergency Department: MUSC Health’s new frontier in patient care

MUSC Health (SC) pilots a telehealth triage service at two of its emergency rooms in an effort to help patients get care more quickly, resulting in the rate of patients who leave without being seen dropping to almost zero.

Using AI to automate healthcare claims, RapidClaims launches with $3.1M

Automated medical coding and documentation software startup RapidClaims raises $3.1 million.

Morning Headlines 2/15/24

KKR paying $10.5B for Cotiviti stake

Veritas Capital sells a co-ownership stake in healthcare payments and analytics vendor Cotiviti to investment firm KKR for $10.5 billion.

Lurie Children’s Hospital restores parts of communications network knocked offline by ‘criminal threat’

Lurie Children’s Hospital in Chicago restores external email capabilities and most of its phone lines two weeks after a ransomware attack on its communication systems.

Anatomy Unveils AI-Powered Financial Automation for Healthcare Organizations

AI-powered financial automation software vendor Anatomy Financial launches with $7.6 million in funding.

Morning Headlines 2/14/24

OCH Evergreen Clinic transitions to telehealth hub; Employees say patients are in limbo

Ozarks Community Hospital (MO) abruptly transitions its Evergreen Clinic to a telehealth assistance hub.

Meridian Analytics Rebrands to Discern Health, Focused on Human-Centric Predictive Care

Predictive care analytics startup Meridian Analytics rebrands to Discern Health.

Revolutionary Nursing Practice TogetherTeam Virtual Connected Care comes to MercyOne Dubuque Medical Center

MercyOne rolls out its TogetherTeam Virtual Connected Care virtual nursing program at all five of its hospitals in Iowa.

Morning Headlines 2/13/24

HHS Expands TEFCA by Adding Two Additional QHINs

ONC and The Sequoia Project designate Kno2 and CommonWell Health Alliance as Qualified Health Information Networks.

Air Force Confirms Medical Disqualifications Doubled after New Med-Records System Implemented

Air Force officials confirm that the switch to MHS Genesis has lengthened the amount of time it takes to medically clear recruits due to an increase in initial, potentially disqualifying conditions that require further investigation.

Headlight Launches With $18 Million in Funding and the Addition of Amazon Pharmacy Executives to Support Their Mission of Simplifying Patients’ Mental Health Journey

Hybrid mental health practice SokyaHealth rebrands to Headlight, announces $18 million in funding, and names former PillPack executive Geoff Swindle CEO.

Morning Headlines 2/12/24

Staggering Rise in Medicare Bills Suggests Medicare Scam

The National Association of Accountable Care Organizations analyzes Medicare’s claims database to alert the federal government that 450,000 of its beneficiaries were billed for urinary catheters in 2023 versus the usual 50,000 in previous years, running up $2 billion in suspicious charges.

Virgin Pulse and HealthComp Introduce Combined Company as Personify Health

Virgin Pulse and HealthComp, which merged in November 2023, name the $3 billion business Personify Health.

AI cannot be used to deny health care coverage, feds clarify to insurers

CMS tells Medicare Advantage insurers that they can use AI and algorithms to assist them in making coverage determinations, but they must make sure that the tools use complete information and they can’t use technology alone to deny hospital admission or downgrade to observation stay.

Morning Headlines 2/9/24

Unlearn Raises $50 Million Series C to Optimize Clinical Research With AI-Powered Digital Twin Technology

Unlearn, which creates digital twins that allow smaller and faster clinical trials, raises $50 million in a Series C funding round.

Lurie Children’s Hospital says a ‘criminal threat’ forced the shutdown of its network

Initially deemed a network outage, Lurie Children’s Hospital confirms that the January 31 cybersecurity incident that forced it to take its communications network offline was caused by a criminal threat actor.

Official: Idaho should consider withdrawing from Health Data Exchange

An Idaho Department of Health official tells state legislators that the state should withdraw from the bankrupt Idaho Health Data Exchange, given that it has no legal recourse for oversight.

HHS Finalizes New Provisions to Enhance Integrated Care and Confidentiality for Patients with Substance Use Conditions

HHS announces new provisions to the Confidentiality of Substance Use Disorder Patient Records that address one-time patient consent, redisclosure, accounting of disclosures, use of records in legal proceedings, and breach notification.

Morning Headlines 2/8/24

Amazon to cut a few hundred jobs at healthcare units

Amazon will reportedly lay off several hundred workers within its One Medical primary care and Amazon Pharmacy businesses.

AI-Contextual Care Laguna Health Nabs $16 Million Series A to Reduce Recovery Time and Readmissions

Laguna Health, which uses AI to create personalized care plans that incorporate social, emotional, and cultural factors, raises $15 million in a Series A funding round.

Lurie Children’s Hospital Systems Have Been Down a Week Over ‘Cybersecurity Matter’

Computer systems at Lurie Children’s Hospital in Chicago remain offline as the hospital works to recover from a “cybersecurity matter” that occurred January 31.

Morning Headlines 2/7/24

Ambience Healthcare Raises $70M to Scale the Most Comprehensive AI Operating System for Healthcare Organizations

Ambience Healthcare, which has developed an AI operating system, raises $70 million in a Series B funding round.

Astarte Medical is shutting down. Here’s why the infant tech startup decided to close its doors.

Astarte Medical, which sells precision nutrition software for NICUs, will shut down and offer its intellectual property for sale.

HHS’ Office for Civil Rights Settles Malicious Insider Cybersecurity Investigation for $4.75 Million

Montefiore Medical Center (NY) will pay $4.75 million to settle HIPAA violation allegations stemming from a 2015 data breach perpetrated by a Montefiore employee who sold the PHI of 12,517 patients to an identity-theft ring.

Stellar Sleep Raises $6M to Help End Sleeplessness With the First Digital Sleep Therapy Platform for Chronic Insomnia

Digital sleep therapy app vendor Stellar Sleep raises $6 million in seed funding.

Morning Headlines 2/6/24

Inovalon Acquires VigiLanz; a Leading Clinical Surveillance and Patient Safety SaaS and Data Company

Health data and analytics company Inovalon acquires clinical surveillance and patient safety software and data vendor VigiLanz.

SAMHSA and ONC Launch the Behavioral Health Information Technology Initiative

SAMHSA and ONC launch the Behavioral Health Information Technology Initiative, which will invest $20 million over the next three years to promote the use of health IT within behavioral healthcare and practice settings.

Bonfire Analytics Raises Oversubscribed $2M Venture Round to Accelerate Digital Health, Medical Device, & Biotech Adoption Across Healthcare Providers

Bonfire Analytics, which offers health tech sales software and analytics, raises $2 million.