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Morning Headlines 3/9/23

March 8, 2023 Headlines No Comments

Melinda French Gates’s Pivotal Ventures backs women’s health clinic Tia

Women’s care company Tia, which operates virtual and in-person clinics in three states, secures an undisclosed amount of funding from Pivotal Ventures.

Wave Life Secures $6M Investment to Increase Mental Health Access For Gen Z

App-based mental health and wellbeing startup Wave Life raises $6 million in a seed funding round.

Fifth Third Announces Acquisition of Big Data Healthcare, a Payments Company Serving National Health Systems, Physicians

Fifth Third Bank acquires Madison, Wisconsin-based healthcare payments technology vendor Big Data Healthcare.

Morning Headlines 3/8/23

March 7, 2023 Headlines No Comments

Gang leaks Lehigh Valley Health Network cancer patient photos as part of data hack

BlackCat hackers post pictures of Lehigh Valley Health Network (PA) cancer patients on the dark web after the health system refused to meet the group’s ransomware demands last month.

Virtual Education Center Provides Health Information to Patients

The Defense Health Agency launches a six-month pilot of its Virtual Education Center, a tool offering validated health information to patients and providers that will eventually be integrated with the MHS Genesis EHR.

Best Buy will set up in-home hospital care through a new deal with Atrium Health

Best Buy will set up in-home virtual care systems for Atrium Health in a three-year deal that will enable the health system to remotely monitor up to 100 patients.

VA expects its legacy EHR to be ‘around for a long time’ as it troubleshoots replacement

VA officials tell members of the House Committee on Veterans’ Affairs, Subcommittee on Technology Modernization that its legacy VistA system will be utilized for at least another five to 10 years while the new Oracle Cerner EHR is implemented across the department’s remaining facilities.

Morning Headlines 3/7/23

March 6, 2023 Headlines No Comments

Transcarent To Acquire Part Of AI-Powered 98point6 In $100 Million Healthtech Deal

Transcarent will acquire virtual primary care company 98point6’s AI-powered chatbot technology, among other assets, in a deal CEO Glen Tullman says could be worth up to $100 million.

Cybersecurity incident impacts Houston Healthcare’s operations

Houston Healthcare (GA) works to restore its computer systems after a cybersecurity incident March 3 forced it to use established back-up processes and downtime procedures to continue caring for patients.

WeightWatchers to Acquire Sequence, a Digital Health Platform for Clinical Weight Management

WeightWatchers will acquire Sequence, a telehealth company specializing in chronic weight management, in a deal valued at $132 million.

Morning Headlines 3/6/23

March 5, 2023 Headlines No Comments

Epic Systems to add 1,700 jobs as it expands its Wizards Academy campus in Verona

Epic will add 1,700 employees to its current headcount of 11,600 in the next 12 months, housing them in two new office buildings that it will build within its Harry Potter-themed Wizards Academy complex.

MUSC invested $15M into RMC partnership; CEO says system focused on quality

The Medical University of South Carolina invests $15 million in its management of Regional Medical Center, which will include expanding telemedicine services and switching the hospital over from Cerner to Epic.

#StopRansomware: Royal Ransomware

The FBI and Cybersecurity and Infrastructure Security Agency release a Cybersecurity Advisory to help healthcare providers protect their networks from the Royal ransomware variant.

Morning Headlines 3/3/23

March 2, 2023 Headlines No Comments

Joint Statement of Chair Khan, Commissioner Slaughter, Commissioner Wilson, and Commissioner Bedoya Regarding Amazon.com, Inc.’s Acquisition of 1Life Healthcare, Inc.

The FTC warns Amazon that it will be monitoring its use of patient data following its acquisition of primary care provider One Medical, noting that it will judge pre-acquisition privacy promises by the standard of a “reasonable consumer” rather than that of a HIPAA expert.

Bright Health Group Reports Fourth Quarter and Full Year 2022 Results

Health insurer Bright Health – fresh off layoffs, the exiting of most lines of business, an impending delisting of shares on the NYSE, and a $1.4 billion loss in 2022 – warns that it has overdrawn its credit and expresses doubt that the company can continue as a going concern.

Fertility player Kindbody gets $100M at $1.8B valuation

Fertility-focused provider Kindbody will use $100 million in new funding to open 10 additional clinics, and acquire virtual health and fertility companies.

FTC moves to ban BetterHelp from sharing mental health data for ad targeting

Online counseling company BetterHelp will pay $7.8 million back to consumers to settle FTC charges that it shared health data with third parties for advertising purposes.

Morning Headlines 3/2/23

March 1, 2023 Headlines 2 Comments

Veradigm Inc. Update on 4th Quarter and Full Fiscal Year 2022 Reporting of Results

Veradigm adjusts its 2023 revenue projections after discovering that a compliance software error has caused incorrect revenue reports over the last six quarters.

Press Ganey Announces Collaboration With Epic to Advance Integration of Patient Experience Insight Into Electronic Medical Records

Epic will incorporate Press Ganey’s patient experience data into its MyChart patient portal and Cheers CRM.

VA Deputy Secretary Donald Remy to depart

VA Deputy Secretary Donald Remy will step down from his post, which has included oversight of the department’s troubled EHR modernization program.

Agilon health Announces Acquisition of MphrX, a Leading Healthcare Technology Company

Agilon Health, a physician network development company, acquires FHIR-enabled health data vendor MphrX for $45 million.

Morning Headlines 3/1/23

February 28, 2023 Headlines No Comments

Local Leaders Announce Plan to Strengthen Health Services in Imperial County

UC San Diego Health considers sharing its EHR with El Centro Regional Medical Center as part of its proposal to temporarily take over operational, clinical, and financial management of the financially troubled hospital.

BetterNight Raises $33M Growth Financing Round led by NewSpring.

Virtual sleep care provider BetterNight raises $33 million in a funding round led by NewSpring.

Vouched raises $6.3 million to expand its AI driven identity verification offering to telemedicine and healthcare providers

Vouched will use $6 million in new funding to market its AI-powered identity verification software to virtual and in-person healthcare providers.

Morning Headlines 2/28/23

February 27, 2023 Headlines No Comments

Cerebral to Cut 15% of Staff in Fresh Round of Layoffs

Cerebral lays off 15% of its staff, part of the direct-to-consumer telemedicine company’s year-long plan to reorganize and streamline its services.

CodaMetrix Closes $55M Series A to Autonomously Power Medical Coding, Boost Health System Revenue Cycles

Automated coding technology vendor CodaMetrix raises $55 million in a Series A funding round led by SignalFire.

Top-Rated Practice Management Systems Align Tech to Transitioning Medical Office Operations, Black Book Annual Physician Survey

Practice management software end users give EClinicalWorks, ModMed, NextGen, and Veradigm top customer satisfaction marks in Black Book’s latest annual survey.

HHS Announces New Divisions Within the Office for Civil Rights to Better Address Growing Need of Enforcement in Recent Years

HHS OCR renames its Health Information Privacy Division to the Health Information Privacy, Data, and Cybersecurity Division as part of a reorganization that will better enable the office to more effectively respond to complaints.

Morning Headlines 2/27/23

February 26, 2023 Headlines No Comments

Biden Proposal Would Ban Online Prescribing of Certain Drugs

The White House proposes a crackdown on telehealth-related prescribing of some medications when the COVID public health emergency ends on May 11.

Gebbs Healthcare Solutions Acquires CPa Medical Billing

Medical billing and coding vendor Gebbs Healthcare Solutions acquires CPa Medical Billing, which offers RCM technologies and services to FQHCs and physician groups.

Vytalize Health Closes $100M to Support Value-Based Care Transformation

Value-based primary care optimization company Vytalize Health secures $100 million in funding, bringing its total raised to $175 million.

Morning Headlines 2/24/23

February 23, 2023 Headlines 2 Comments

Teladoc (TDOC) Reports Q4 Loss, Tops Revenue Estimates

Teladoc Health reports a $13.7 billion loss for FY 2022, and mixed revenue and earnings results for Q4, prompting the company to consider near-term layoffs and restructuring.

Premier Inc. Acquires 100 Top Hospitals Program

Premier Inc. acquires the “Top 100 Hospitals” program from Merative, formerly IBM Watson Health, which it will integrate with its PINC AI technology and services brand.

Chartis Establishes the Chartis Center for Burnout Solutions

Chartis acquires DES Health Consulting, whose workforce assessment tool will be offered as the Chartis Center for Burnout Solutions.

Morning Headlines 2/23/23

February 22, 2023 Headlines No Comments

New Releases: SDOH Toolkit and Learning Forum Sessions for the Health IT Community

ONC publishes the “Social Determinants of Health Information Exchange Toolkit” to serve as a resource for healthcare stakeholders as they consider incorporating social determinants of health into the design of health IT systems.

Scoop: Olive AI plans to divest second major business line

Healthcare automation vendor Olive AI reportedly considers selling its payer-facing prior authorization business.

Amazon closes deal to buy primary care provider One Medical

Amazon closes its $3.9 billion acquisition of membership-based primary care provider One Medical, which has 200 clinics in 26 markets.

Morning Headlines 2/22/23

February 21, 2023 Headlines No Comments

AGS Acquires Offshore Patient Access BPO Unit from Availity

AGS Health acquires the India-based patient access outsourcing business of Availity, which adds 200 team members to AGS Health’s 11,000 RCM experts.

Ventra Health Announces Acquisition of Deras Global

RCM services provider Ventra Health acquires Deras Global Services, a Philippines-based provider of RCM services for hospital-based physician specialties.

Aledade Adds More Than 450 New Practices for 2023, Making It the Largest Network of Independent Primary Care in the Country

Independent primary care practice management company Aledade acquires value-based care analytics vendor Curia for an undisclosed sum.

Morning Headlines 2/21/23

February 20, 2023 Headlines No Comments

LVHN reports cyberattack from suspected Russian ransomware group

Lehigh Valley Health Network (PA) refuses to pay the ransom demanded by the Black Cat group, which launched a cyberattack on an LVHN computer system that supports one of its physician practices.

Winners revealed in VA’s $20M Mission Daybreak Grand Challenge to reduce Veteran suicides

The VA awards a combined $11.5 million to the 10 winners of its Mission Daybreak Grand Challenge, which aims to discover new suicide-prevention solutions including those that incorporate digital health.

Scribes linked to 27% lower burnout rate in primary care

Primary care physicians who use scribes report lower levels of burnout, improved workflow satisfaction, and less time spent documenting in the EHR.

Morning Headlines 2/20/23

February 19, 2023 Headlines No Comments

Reported HIPAA complaints and breaches shot up from 2017 to 2021: HHS

HHS OCR reports that it does not have the financial resources it needs to investigate mounting HIPAA breaches and complaints, both of which increased between 2017 and 2021.

Tallahassee Memorial HealthCare resumes normal operations, but questions loom

Tallahassee Memorial HealthCare (FL) announces that it has fully restored its computer systems and services 13 days after an unspecified security incident forced it to downtime procedures.

Lightbeam Health Solutions Is Relocating Its HQ from Las Colinas to Cypress Waters in Coppell

Population health management company Lightbeam Health Solutions relocates its headquarters from Las Colinas, TX to nearby Coppell, expanding its office footprint by 50% in anticipation of growth.

Morning Headlines 2/17/23

February 16, 2023 Headlines No Comments

Avaya Files For Chapter 11 Bankruptcy After Cloud Subscription Accounting Woes

Unified communications and collaboration services vendor Avaya, whose healthcare offerings include solutions for virtual care, collaboration, and patient access technology, files for Chapter 11 bankruptcy for the second time in six years.

Elation Health Acquires Medical Billing Company Lightning MD to Accelerate Market’s First Primary Care All-in-One Solution

Primary care EHR vendor Elation Health acquires practice-focused medical billing company Lightning MD.

Spacelabs Healthcare Expands Clinical Informatics Capabilities with Acquisition of Predictive Analytics Company PeraHealth

Spacelabs Healthcare acquires PeraHealth and its Rothman Index patient deterioration software for undisclosed terms.

VA delays health record go-live at key Michigan site

The VA delays Ann Arbor Healthcare System’s EHR roll out, citing concerns over how well the Oracle Cerner software will interact with the health system’s “medical research mission.”

GE HealthCare Makes Push Into Artificial Intelligence

Newly spun off GE HealthCare announces plans to develop hospital software to help guide care and assign resources.

Morning Headlines 2/16/23

February 15, 2023 Headlines No Comments

CPSI Announces Fourth Quarter and Full Year 2022 Results

CPSI reports Q4 results: revenue up 12%, adjusted EPS $0.61 versus $0.58, beating analyst expectations for both.

Cyber attack exposes personal data of approximately 1 million Community Health Systems patients

Hospital management company Community Health Systems (TN) begins notifying patients of a cyberattack on its third-party cybersecurity vendor Fortra, which may have exposed patient information.

CommonSpirit Health Releases FY2023 Q2 Financial Results

CommonSpirit Health reports a $474 million Q2 operating loss, some of which it attributes to the October ransomware attack that took its systems offline for nearly a month.

Morning Headlines 2/15/23

February 14, 2023 Headlines No Comments

UnityPoint ‘MyChart’ app to start charging for messages to doctors

UnityPoint Health (IA) begins charging patients between $36 and $70 for messaging their physicians via its MyChart patient portal, citing the “tremendous increase” in messaging seen since the beginning of the pandemic.

Progress on IT Security Event Tuesday, Feb. 14, 2023

Tallahassee Memorial Healthcare (FL) continues to recover from a February 2 cyberattack, bringing its physician practices and urgent care centers back online and slowly transitioning back to digital documentation.

Oracle Cerner signs contract with Accenture to provide extra electronic health record training for VA clinicians

Oracle enlists Accenture to provide additional Oracle Cerner EHR training to VA clinicians ahead of implementations scheduled to resume this summer.

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RECENT COMMENTS

  1. Unfortunately, I can't disagree with anything you wrote. It is important that they get this right for so many reasons,…

  2. Going out on a limb here. Wouldn't Oracle's (apparent) interoperability strategy, have a better chance of success, than the VA's?…

  3. Dr Jayne is noticing one of the more egregious but trivial instance of bad behavior by allegedly non-profit organizations. I…

  4. To expand on this a bit. The Vista data are unique to Vista, there are 16(?) different VISN (grouped systems)…

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