Toronto-based SeamlessMD will use a new round of funding to further scale its patient engagement app, designed to help patients before, during, and after hospital stays.
Prescryptive Health Closes $26 Million Series A Financing
Employer-focused, prescription-savings app startup Prescryptive Health raises $26 million in a Series A round led by Morningside Ventures.
Research and advisory nonprofit Altarum sells its Prometheus Analytics software to Change Healthcare.
Warburg Pincus and Martis Capital Announce the Merger of Qualifacts and Credible Behavioral Health
The private equity owners of behavioral software vendors Qualifacts and Credible Behavioral Health will merge their respective companies, giving the merged organization a client base of 800 behavioral health agencies.
Lyra Health Closes $110M in Series D Funding
Lyra Health, which offers technology-powered mental health benefits for employers, raises $110 million in a Series D funding round, increasing its total to $290 million and valuing the company at $1.1 billion.
PatientPop Announces $50M in Series C Funding
Practice management software vendor PatientPop raises $50 million in a Series C funding round, increasing its total to $125 million.
CMS issues new emergency regulations that include requiring hospitals to report COVID-19 data daily to HHS or face possible termination of Medicare and Medicaid payments.
Google is investing $100 million in telehealth provider Amwell, which will use Google Cloud
Amwell files to go public as Google Cloud announces that it will invest $100 million in the telemedicine company and become its preferred cloud partner.
The VA Central Ohio Healthcare System goes live on a centralized scheduling solution as part of its agency-wide transition to Cerner technology.
Hartford HealthCare (CT) will move forward with plans to open a patient care access center in downtown Hartford that will include a telemedicine-equipped urgent care center.
Outset Medical on deck for IPO
Outset Medical, which offers a portable, cloud-connected home dialysis machine that can integrate with EHRs, files for a $100 million IPO.
Appeals court further erodes huge 2016 jury award for Epic Systems
A US appeals court reduces the $280 million in punitive damages that Tata Consultancy Services had been ordered to pay Epic in a 2014 trade secrets lawsuit, saying that $140 million is a reasonable figure.
Exo Raises $40M Series B Extension To Bring Ultrasound Device To Market
Handheld ultrasound device manufacturer Exo raises $20 million in a Series B round, increasing its total to $100 million.
Troubled Covid-19 Data System Returning to CDC
HHS denies a Wall Street Journal report that says COVID-19 hospitalization data reporting, which was moved to an HHS system with little warning and with criticism from some members of Congress, will return to CDC’s control under a new system.
Trump plots broad health data overhaul after troubled rollout of Covid-19 database
The federal government has launched Modernizing Public Health Reporting and Surveillance, a multi-year initiative to improve data quality at state and local health departments.
Experity Announces Acquisition of Calibrater Health
Urgent and primary care software vendor Experity acquires patient relationship management company Calibrater Health.
Patient engagement startup raises $15 million from Google’s Gradient Ventures
Physician practice-focused patient engagement vendor Klara raises $15 million in a Series A round, bringing its total raised to $32 million.
Pediatric behavioral health startup Brightline will use a $20 million funding round to further develop and expand access to its virtual visit services.
Baptist Health begins $100 million total digital transformation
Baptist Health South Florida looks to hire a chief digital officer as it prepares for health IT projects, including additional Cerner implementations, that will help it offer patients improved care through a more Amazon-like experience.
Vocera Acquires EASE to Improve the Healthcare Experience for Patients and Families
Clinical communications vendor Vocera acquires EASE Applications, which has developed messaging tools to help family members communicate with a patient’s care team.
Japanese pharmaceutical company Otsuka will acquire the assets of Proteus Digital Health, which filed for bankruptcy in June, for $15 million.
Nashville-based interoperability platform vendor Bridge Connector raises $25.5 million in a Series B funding round, increasing its total to $45 million.
Change Healthcare Acquires Nucleus.io
Change Healthcare enhances its Enterprise Imaging Network with the acquisition of Nucleus.io, a cloud-based imaging and workflow software company.
WebMD and Krames Launch Back to Care Program, Connecting Patients with Prescription Assistance
WebMD and Krames launch WebMD Back to Care, which connects patients with available prescription payment assistance programs.
Consumer-facing telemedicine and prescription delivery startup Thirty Madison raises $47 million, bringing its total funding to $70 million.
Omnicell to Acquire Pharmaceutical Strategy Group’s Leading 340B Software-Enabled Service Business
Medication management vendor Omnicell will acquire Pharmaceutical Strategy Group’s 340B Link business for $225 million.
Patient Square Capital Formed To Become The Premier, Dedicated Health Care Investment Firm
Healthcare investment veteran Jim Momtazee announces the launch of Patient Square Capital, an investment firm that will focus on technology-enabled services, medical devices, digital health, providers, and consumer health.
Firm Helping Run U.S. Coronavirus Database Refuses Senators’ Questions
Citing an NDA, health IT vendor TeleTracking refuses to answer the Senate Health Committee’s questions about its $10.2 million contract to develop a HHS COVID-19 hospitalization reporting database to replace one used by CDC.
HHS CIO Arrieta unexpectedly resigns
HHS CIO Jose Arrieta resigned unexpectedly Friday night after 16 months on the job, saying he wants to spend time with his kids.
Epic Systems consolidating four departments into one division
Epic notifies employees that it will immediately consolidate its training, implementation, QA, and technical communications under an application services division.
Medical Debt Collection Firm R1 RCM Hit in Ransomware Attack
Revenue cycle company R1 RCM works to recover from a ransomware attack that occurred just as the company was preparing to release its quarterly financial results.
Teladoc rival MDLive is preparing to go public next year
MDLive plans to launch an IPO early next year, encouraged by Teladoc’s announced $18.5 billion acquisition of Livongo.
CancerIQ Raises $5M in VC Funding, Adds Strategic Hires to Epic Integration Team
Precision medicine software startup CancerIQ will use a new $5 million investment to further scale its oncology-focused technology, add staff members to its EHR integration team, and seek out new genomics partners.
Craneware Plans Bumper Placing As It Eyes Acquisition Opportunities
Scotland-based Craneware will raise $100 million, about 20% of its market value, to fund potential acquisitions from a small number of opportunities it has identified.
Epic Systems Reverses Course On Mandatory In-Person Work Policy
Epic makes its planned return to campus optional, reversing its previous decision and allowing employees to work from home through at least the end of the year.
HHS announces a $2.5 million funding opportunity to help state and local public health agencies strengthen their connections to HIEs.
Health Catalyst Reports Second Quarter 2020 Results
Health Catalyst announces a Q2 revenue increase of 18%, as well as adjusted earnings per share that beat analyst expectations by $0.07.
Waystar to Acquire eSolutions, an Industry Leader in Revenue Cycle & Medicare Analytics
Waystar will acquire Medicare-focused RCM vendor ESolutions in a deal valued at over $1.3 billion.
Navin, Haffty & Associates and Engage Join Forces to Provide Clients Complete MEDITECH Solutions
Providence-owned Providence Services Group acquires Meditech-focused consulting firm Navin Haffty.
Lumeon Raises $30M in Funding to Support U.S. Growth
Care pathway automation company Lumeon raises $30 million in a Series D investment round that brings its total funding to $78.6 million.
Health Catalyst will acquire RCM software and services company Vitalware for an undisclosed sum.
mPulse Mobile Announces Closing of Series C Funding of more than $16 Million, Led by Optum Ventures
AI-powered healthcare messaging vendor MPulse Mobile raises $16 million.
Shares In Senior-Focused Oak Street Health Jump 90% In Market Debut
Primary care company Oak Street Health’s IPO raises $328 million, earning it a $5 billion valuation.
Medix merges two of its divisions to create Medix Technology, which will offer health IT recruiting, consulting, and integration services.
Navicent Health’s Virtual Hospital to let some COVID-19 patients receive care from home
In an effort to free up beds for the acutely ill, Atrium Health (NC) expands its “Virtual Hospital” to partner organization Navicent Health (GA), enabling some COVID-19 patients to recover at home with around-the-clock remote patient monitoring.
Sift Healthcare secures $2.8 Million in funding
Milwaukee-based healthcare payments software startup Sift Healthcare raises $2.8 million.
Improving VA and Select Community Care Health Information Exchanges
A VA OIG report on how VA facilities and their community providers use HIEs finds utilization lacking for a number of reasons, and that the Cerner switch-over will improve the ease of exchange among VHA, DoD, and community providers.
Samaritan still dealing with effects of malware two weeks later, slowly restoring applications
Samaritan Medical Center (ME) brings its EHR, PACS, medication management, and care communication systems back online after a July 25 ransomware attack.
Epic adjusts staff’s return to work time frame
Epic changes its Monday mandatory return to campus, allowing employees who feel that their personal situation makes it unwise for them to return safely to campus to continue to work from home while Epic awaits further guidance from the county health department.
Blackstone to buy Ancestry for $4.7bn
Blackstone will acquire a 75% stake in Ancestry for $4.7 billion, giving the private equity firm access to the company’s DNA information on 18 million people.
On-demand mental health service provider Ginger raises $50 million
Virtual therapy and psychiatry startup Ginger raises $50 million, which it will use to further market its services to public and private payers.
Cerner and VC firm LRVHealth invest $6 million in Xealth, a Providence Health & Services spin-off that has developed software to help providers find and prescribe digital health apps and programs.
VA pushes on with troubled health data transformation
Politico reports that the VA will re-commence its EHR overhaul with a rollout at an unnamed facility in October.
Infermedica raises $10.25M in Series A funding
AI-powered diagnostics startup Infermedica raises $10.25 million in a Series A funding round led by EBRD and Heal Capital.
Teladoc Health reaches agreement to buy Livongo in a $18.5 billion deal
Virtual care provider Teladoc Health will acquire chronic condition management app vendor Livongo in a deal that values the company at $18.5 billion.
CVS Health raises forecast for year as it adapts to changing health-care habits
CVS Health beats analyst expectations for Q2, reporting $65.3 billion in revenue and adjusted EPS of $2.64 vs. $1.93.
Virginia First State To Try Pandemic App From Apple, Google
Virginia launches the Covidwise app, becoming the first state to launch an exposure notification app using technology from Apple and Google.
Digital point-of-care prescription savings vendor OptimizeRx reports Q2 results: revenue up 25%, and adjusted EPS of $0.02, beating analyst expectations for both.
Centauri Health Solutions Adds New Analytics Capabilities with Acquisition of AppRev
Medicare and Medicaid reimbursement services vendor Centauri Health Solutions acquires Applied Revenue Analytics, which offers business intelligence solutions.
Epic Systems to require 9,100 employees to return to work at its Verona campus on Sept. 21
Epic pushes back plans to have all of its employees return to on-campus work by August, shifting to a deadline of September 21.
CPSI Announces Second Quarter 2020 Results
CPSI announces Q2 results, missing on its revenue of nearly $60 million but beating analyst expectations for earnings.
Rush and R1 Launch Innovation Lab to Drive Industry-Leading Quality and Patient Experience
Rush University System for Health (IL) and R1 RCM launch an Innovation Lab that will develop and commercialize analytics and solutions for value-based care.
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