Morning Headlines 3/14/25

Skeptical judge sides with smaller analytics firm against giant PointClickCare over data blocking tactics

A federal court upholds an injunction granted last summer that prohibits senior care EHR vendor PointClickCare from blocking Real Time Medical Systems from its systems.

Global buyout funds line up for AGS Health

Four investment firms including Blackstone and General Atlantic express interest in acquiring AGS Health at a $1 billion valuation, up slightly from the valuation its parent company floated last September when announcing it would explore a sale.

TruBridge Announces Fourth Quarter and Full Year 2024 Results and Provides Initial 2025 Outlook

TruBridge announces Q4 results: revenue up 2%, EPS –$0.38 versus –$2.92. TBRG shares have gained 206% in the past 12 months, valuing the company at $415 million.

Scottish software company Craneware reports record results

Scotland-based Craneware reports record results, which it attributes to US hospitals refocusing on efficiency following the presidential election.

Morning Headlines 3/13/25

Motivity Announces $27M Growth Investment from Five Elms Capital to Advance Innovation and Scale Operations

Applied behavior analysis software vendor Motivity raises $27 million and announces new leadership.

Greenspace Health Secures Series B Investment from ABS Capital to Advance Innovation in Behavioral Health through Measurement-Based Care

Greenspace Health, which offers measurement-based care software for mental healthcare providers, secures Series B funding from ABS Capital Partners.

Knack RCM Announces Acquisition of PPM Partners, Expanding Expertise in Anesthesia Revenue Cycle Management

Knack RCM acquires PPM Partners, an Alabama-based company that offers anesthesia billing and practice management services.

Morning Headlines 3/12/25

Hinge Health Files Registration Statement for Proposed Initial Public Offering

Digital physical therapy provider Hinge Health files IPO paperwork.

Tempus Announces Acquisition of Deep 6 AI

Precision medicine technology vendor Tempus AI acquires Deep 6 AI, which has developed software that matches patients with clinical trials using EHR data.

RLDatix acquires IPeople Healthcare

RLDatix, which offers healthcare governance, risk, compliance, and workforce management solutions, acquires downtime continuity and Meditech-focused professional services company IPeople Healthcare.

Vori Health Secures $53 Million in Series B Funding to Transform Value-Based Musculoskeletal Care

Virtual orthopedic care provider Vori Health raises $53 million in a Series B funding round, bringing its total raised to $103 million.

Morning Headlines 3/11/25

CoachCare acquires VitalTech

Digital health and remote patient monitoring company CoachCare acquires RPM vendor VitalTech, its eighth acquisition in the last two years.

MoveUp to Acquire Deep Structure.ai, Strengthening AI-Driven Orthopedic Care

MoveUp, a global digital health company focused on remote patient monitoring and rehabilitation, acquires digital orthopedic care delivery business Deep Structure.ai.

Software bug at firm left NHS data ‘vulnerable to hackers’

Care coordination and referral company Medefer comes under fire in England for mishandling an API flaw that left NHS patient referral data exposed to potential data breaches.

Morning Headlines 3/10/25

Adageis Secures $2M Seed Funding to Expand AI-Driven Healthcare Solutions

Revenue and clinical analytics startup Adageis announces $2 million in seed funding.

Gem Health Secures $7 Million Series A to Scale Transformative Virtual Sleep Care

Virtual sleep apnea diagnosis and treatment provider Gem Health raises $7 million in a Series A funding round led by LFE Capital and HealthTrend Capital.

Hims & Hers to shut down dermatology business Apostrophe

Hims & Hers shuts down Apostrophe, an online dermatology company it acquired in 2021 for $190 million.

Ataraxis AI to Transform Precision Medicine in Cancer Care with $20.4 Million Series A 

Oncology-focused precision medicine startup Ataraxis AI secures $20.4 million in new funding.

Morning Headlines 3/7/25

Oracle’s Federal Electronic Health Record experienced a nation-wide outage

The VA clarifies that an EHR outage earlier this week impacted all federal EHR users, including the VA, DoD, US Coast Guard, and the National Oceanic and Atmospheric Administration.

Lumata Health Secures $23 Million Series B to Expand Access and Adherence to Vision-Saving Care

Eye care management vendor Lumata Health raises $23 million in Series B funding, bringing its total raised to $36 million.

HHS Office for Civil Rights Imposes a $200,000 Penalty Against Oregon Health & Science University for Failure to Provide Timely Access to Patient Records

Oregon Health & Science University will pay a $200,000 penalty for taking over a year to provide a patient with her requested medical records.

VA to complete Federal EHR deployment at nine additional sites in 2026

The VA will implement its Oracle Health-based EHR at nine additional sites next year, bringing the total expected to go live in 2026 to 13.

Morning Headlines 3/6/25

Freed Raises $30 Million to Free Clinicians

AI medical scribe startup Freed announces $30 million in Series A funding.

Walgreens Nears Roughly $10 Billion Deal to Go Private

Walgreens inches closer to a take-private deal with Sycamore Partners, with sources saying the acquisition could be announced as soon as tomorrow.

Spokane VA Hospital’s health record outage prompts investigation

Oracle Health investigates yesterday’s system outage at six VA medical centers and 26 clinics.

Morning Headlines 3/5/25

23andMe rejects CEO’s second take-private offer

The board of 23andMe rejects the take-private proposal of CEO Anne Wojcicki, who had reduced her proposed price from last month by 84%.

Ntracts Acquires Compliatric, Expands Capability to Support Administrative Compliance Needs in Healthcare

Ntracts, a healthcare contract lifecycle management company based in Tennessee, acquires healthcare regulatory, accreditation, and compliance management technology vendor Compliatric.

Bluebird Kids Health Raises $31.5M to Transform Value-based Pediatric Care

Tech-enabled pediatric practice Bluebird Kids Health (FL) announces $31.5 million in new funding.

Familiar face in the tech policy office

HHS/ASTP appoints Steven Posnack, MS, MHS as acting head of ASTP/ONC.

Morning Headlines 3/4/25

CareCloud Reignites Acquisition Strategy with MesaBilling Acquisition

Ambulatory health IT vendor CareCloud acquires MesaBilling as part of a renewed acquisition push.

Amazon One introduced at NYU Langone Health facilities to improve check-in for its millions of patients

NYU Langone Health patients will soon be able to check in using Amazon One palm scanning technology integrated with the hospital’s Epic system.

Accelerating Rural Access to Distributed and InteGrated Medical Care (PARADIGM) program to Develop Revolutionary Mobile Healthcare Solution

The Advanced Research Projects Agency-Health selects Planned Systems International to support the design of a new mobile care delivery platform incorporating networked medical devices and virtual care capabilities to improve healthcare access for rural patients.

Morning Headlines 3/3/25

Clearlake to buy majority stake in ModMed that values it at $5.3bn

Clearlake Capital is reportedly preparing to acquire specialty-focused health IT vendor ModMed from Warburg Pincus.

Minister Carroll MacNeill launches the new HSE Health App

Ireland’s Health Service Executive launches a health app that allows patients to maintain a medical list, store health-related ID cards, access vaccination records, and search for HSE services.

The next chapter: Moving from Skype to Microsoft Teams 

Microsoft encourages Skype users to transition to Microsoft Teams before it retires the video call application in May.

Morning Headlines 2/28/25

Federal government officials drop out of HIMSS health information conference

Stat reports that federal officials won’t be attending HIMSS25 due to a travel freeze.

Bias Capital Cancels $25 Million Investment in Parker Health Amid Serious Fraud Concerns

Bias Capital cancels its $25 million Series A investment in EHR vendor Parker Health after its due diligence raises concerns of fraud.

As seasoned doctors exit the field, SimCare AI raises $2M to scale clinical training with AI patients

SimCare AI, which creates AI patients for clinician training, raises $2 million in seed funding.

Morning Headlines 2/27/25

These engineers raised $8.1 million for a new healthcare AI startup after OpenAI acquired their last company. See the 11-slide pitch deck they used.

Charta Health, which offers a product that uses AI to automate patient chart reviews to find missed billing codes, raises $8.1 million in seed funding.

Teladoc shares tumble on wider-than-expected loss, disappointing revenue guidance

Teladoc Health shares drop on the news of dips in Q4 and full-year revenue, attributable in part to the company’s poorly performing BetterHelp business.

Defense Health Network-National Capital Region and U.S. Navy Conduct Milestone Virtual Health Test Aboard USS Gerald R. Ford

The Defense Health Network-National Capital Region, Navy Medicine, and Medweb successfully test their ability to conduct a virtual medical consultation between a patient aboard the docked USS Gerald R. Ford and Walter Reed National Military Medical Center.

Morning Headlines 2/26/25

Anne Wojcicki has a new offer to take 23andMe private, this time for $74.7 million

New Mountain Capital and 23andMe co-founder and CEO Anne Wojcicki propose to take the company private in a $74.7 million deal.

HealthStream Announces Fourth Quarter & Full-Year 2024 Results

Healthcare workforce technology company HealthStream reports Q4 results: revenue up 5.2%, EPS $0.16 versus $0.15.

Making America Healthy Again by Empowering Patients with Clear, Accurate, and Actionable Healthcare Pricing Information

President Trump issues an executive order directing several departments including HHS to enforce existing healthcare price transparency regulations within 90 days.

Healthcare Malware Hunt, Part 1: Silver Fox APT Targets Philips DICOM Viewers

Malware researchers find that a China-based hacker group is disguising its malware as a Philips DICOM viewer.

Morning Headlines 2/25/25

EXA Capital Acquires PrecisionCare

EXA Capital acquires EHR and care management software vendor PrecisionCare.

Retrieve Medical Holdings Inc. Announces Letter of Intent to Acquire Cúratus LLC, Strengthening AI-Powered Healthcare Solutions

Clinical documentation software company Retrieve Medical will acquire Curatus, which specializes in AI-powered provider data management.

VA EHR office shrinks headcount under Trump’s federal workforce policies

The VA’s EHR Modernization program faces a new round of scrutiny as lawmakers balk at vague cost estimates and lack of a master deployment schedule, office staff face layoffs and resignations, and a new GAO report highlights the program’s continued lack of progress on taking recommended actions.

Morning Headlines 2/24/25

Blue Orca is Short Teladoc Health, Inc.

A short-selling investment firm claims that mental health therapists in Teladoc Health’s BetterHelp business are using ChatGPT to respond to patients during therapy sessions without the patient’s knowledge.

Waystar Reports Fourth Quarter and Fiscal Year 2024 Results

Waystar reports Q4 results: revenue up 19%, EPS $0.11 versus –$0.12, beating analyst expectations for both.

AI health-care startup OpenEvidence raises funding from Sequoia at $1 billion valuation

OpenEvidence, which has developed a clinical decision support chatbot for providers, announces $75 million in funding.

Arizona advances bill to keep AI from rejecting medical claims

Following several other states, lawmakers in Arizona advance a bill that will, if passed, require a provider to review a claim or prior authorization before it can be denied.

Morning Headlines 2/21/25

Hims & Hers Acquires At-Home Lab Testing Facility, Expanding Capabilities to Ultimately Include Affordable Whole Body Testing for Subscribers

Vanity prescription vendor Hims & Hers acquires Trybe Labs, an at-home lab testing provider that processes customer self-collected blood samples.

Hummingbird Healthcare Closes $20M Funding Round in Support of Mission to Elevate Patient Access

Patient access software and services company Hummingbird Healthcare raises $20 million in a Series B funding round.

Millie Secures $12M Series A to Continue Closing Gaps in Maternal Healthcare

Tech-enabled maternity clinic Millie will use $12 million in new funding to open new clinics in California and expand its IT capabilities and services.

HHS Office for Civil Rights Imposes a $1,500,000 Civil Money Penalty Against Warby Parker in HIPAA Cybersecurity Hacking Investigation

Hybrid eyeglasses prescription and retailer company Warby Parker will pay a $1.5 million HIPAA violations penalty related to a 2018 data breach that wound up exposing the PHI of 200,000 people.

Morning Headlines 2/20/25

Azara Healthcare and i2i Population Health Unite to Supercharge Safety Net Population Health Management

Population health and value-based care company Azara Healthcare acquires I2I Population Health Management.

URAC Launches Development of Health Care AI Accreditation

Healthcare accreditor URAC announces plans to release a healthcare AI accreditation program later this year.

Walgreens Gains After CNBC Says Sycamore Takeout Is ‘Alive’

Walgreens shares jump on the news that private equity firm Sycamore Partners has revitalized its interest in acquiring the retail pharmacy chain.

Valsoft Enters the Managed Care Space with the Acquisition of Chordline Health

Canadian software business acquisition company Valsoft acquires North Carolina-based Chordline Health, which specializes in managed care software.