Surescripts Acquires ActiveRADAR to Offer Therapeutic Alternatives for Prescriptions
Surescripts acquires ActiveRadar and its Clinical Catalogue of therapeutic alternatives data.
Health Catalyst acquires Electronic Registry Systems, which specializes in cancer registry services and software.
CareCloud Reports Third Quarter 2023 Results
CareCloud expects layoffs, set to wrap up by the end of the year, to help offset a 13% decline in Q3 revenue.
Cyber gang threatens to release Henry Schein data in ransomware attack
Ransomware hackers claim to have taken Henry Schein down again, two weeks after the medical supply distributor’s systems went offline from a similar attack that it reported on October 15.
Avail Medsystems abruptly shuts down
Avail Medsystems, which offers technology that virtually connects medical device reps with operating rooms, shuts down after reportedly failing to secure a needed funding round.
Blackbird invests in Carepatron’s ‘radically accessible’ healthcare management platform
Healthcare operating system startup Carepatron raises $4 million in seed funding, which it will use to develop AI and automation features.
Lawsuit Challenges Federal Rule That Ties Providers Hands in Efforts to Reach Their Communities
The American Hospital Association, Texas Hospital Association, Texas Health Resources, and United Regional Health Care System sue the federal government over an HHS rule that prohibits health systems from using web user tracking tools such as Meta Pixel and Google Analytics.
AI-enabled radiology performance measurement software vendor Covera Health raises up to $50 million in a Series C funding round and finalizes its acquisition of CoRead, a hospital AI quality assurance company.
Patient data published following cyberattack against southwestern Ontario hospitals
Five hospitals in Ontario confirm that patient data that was stolen in a recent ransomware attack against their self-created shared services organization has been published online.
AdaptX raises $10M to expand its AI-driven medical data analysis for healthcare providers
AdaptX, which offers AI-powered EHR analytics tools, raises $10 million in funding.
Tabula Rasa HealthCare Stockholders Approve Acquisition by Nautic Partners
Private equity firm Nautic Partners acquires pharmacy services and medication management vendor Tabula Rasa HealthCare and will merge it with its ExactCare Pharmacy business.
Waystar delays US IPO to ride out market volatility
Sources report that Waystar will delay its IPO until early next year.
VA to launch artificial intelligence contest to help health care staff
The VA will launch an AI Tech Sprint competition with $1 million in prizes to discover AI-powered solutions for healthcare worker burnout.
Olive announces sale to Waystar and Humata Health
Healthcare robotic process automation vendor Olive AI shuts down after selling its clearinghouse and patient access assets to Waystar and its prior authorization line to Humata Health.
Automated preventive health software startup PreventScripts raises $1.5 million in funding.
Patient Engagement Pioneer Rx.Health Joins Commure
Commure acquires Mount Sinai spinoff Rx.Health and will integrate the company’s care coordination software with its Commure Engage automated care coordination technology.
Ambulatory-focused health IT vendor IKS Health acquires AQuity, which offers acute care organizations clinical documentation, coding, and RCM software and services, for $200 million.
HHS proposes information-blocking penalties for providers that include loss of Meaningful User status and an inability to participate in ACOs, all of which would result in some impact to a healthcare organization’s bottom line.
Healthcare performance improvement company Vizient acquires PrefTech OR, which offers operating room optimization software.
Kento Health Raises $4.1 million CAD to Bring AI to Cardiovascular Care
Canada-based Kento Health will use $4.1 million in new funding to bring its AI-powered cardiovascular care software to the US market.
TT Capital Partners Announces Investment in Cantata Health Solutions
TT Capital Partners acquires a majority share of Cantata Health Solutions, which offers health technology for providers of behavioral health, human services, acute care, and post-acute care.
Spok Reports Third Quarter 2023 Results
Spok reports Q3 results: revenue up 5%, EPS $0.22 versus $0.15.
Health Catalyst Reports Third Quarter 2023 Preliminary Results
Health Catalyst reports an 8% jump in Q3 revenue to $73.8 million, leading it to expect annual revenue of between $291 million and $296 million.
Abridge, whose software converts patient-clinician conversations into clinical documentation, raises $30 million in a Series B funding round.
Critical Flaw in NextGen’s Mirth Connect Could Expose Healthcare Data
Cybersecurity experts recommend that users of NextGen Healthcare’s Mirth Connect interface engine upgrade to the latest version after discovering an unauthenticated remote code execution vulnerability.
Advocate Aurora Health agrees to settlement in data breach lawsuit
Advocate Aurora Health will pay $12 million to settle a lawsuit over its use of user tracking tools from Meta and Google on its website and MyChart patient portal.
AI-enabled workforce solutions vendor SnapNurse renames itself to SnapCare.
MIDAS Healthcare Solutions Extends Series A Round With New Investment by MCPC Healthcare Fund
Medication security technology vendor MIDAS Healthcare Solutions announces a $2 million investment from MCPC Healthcare Investment.
CISA, HHS Release Collaborative Cybersecurity Healthcare Toolkit
HHS and the Cybersecurity and Infrastructure Security Agency publish a new cybersecurity toolkit for healthcare and public health.
Greater Good gets $20M for value-based senior clinics
Senior-focused primary care company Greater Good Health raises $20 million in a Series A funding round, bringing its total raised to $33 million.
Network issue resolved after MultiCare temporarily suspends surgeries, procedures at some facilities
MultiCare recovers from a service outage that caused it to suspend surgeries and procedures at several facilities.
HealthEC Secures Additional Capital to Fuel Ongoing Growth, Names New CEO and New Chairman
Population health management services and technology vendor HealthEC announces a new round of capital and names Chris Caramanico (JJCAL) CEO.
5 southwestern Ontario hospitals hit by cyberattack, patient appointments to be rescheduled
In Canada, the IT systems of five hospitals that formed their own IT provider organization go offline due to a cyberattack.
Paragon Consulting Partners, which specializes in consulting and data services for medical imaging, rebrands to Paragon Health IT.
Perficient Reaches Definitive Agreement to Acquire SMEDIX, INC.
Digital consulting firm Perficient acquires San Diego-based Smedix, which offers cloud-based interface solutions for medical equipment and remote device management.
Ovation Healthcare Expands Portfolio with Launch of Tempo Technology Services
Ovation Healthcare launches Tempo Technology Services, a managed and IT services and procurement firm.
PicnicHealth, which uses patient-reported data to build datasets for research, acquires rare disease data aggregator and research firm AllStripes for an undisclosed sum.
HealthAlliance Hospital (NY) discharges or transfers all of its inpatients and diverts ambulances following a cyberattack.
The US Defense Health Agency awards Amwell and Leidos a contract valued at up to $180 million to provide a hybrid care platform that will replace MHS Video Connect.
EClinicalWorks announces that it expects to generate $900 million in revenue in 2023, up from the previous year’s $800 million.
Uniguest expands presence and capabilities in healthcare through acquisition of PCare
Audience engagement platform vendor Uniquest acquires PCare, which offers interactive patient systems.
Tech-enabled primary and social care management company Pair Team raises $9 million in a Series A funding round.
Telehealth Privacy and Security Tips for Patients
HHS OCR publishes a checklist covering “Telehealth Privacy and Security Tips for Patients.”
Waymark Announces $42M in New Funding
Waymark, which offers tech-enabled care support services to primary care teams and their Medicaid patients, announces $42 million in funding.
Ventricle Health, a virtual and at-home cardiology care provider, raises $8 million in seed funding.
Allara, a telehealth platform for women with chronic hormonal conditions, raises $10M Series A
Membership-based virtual care startup Allara raises $10 million in a Series A funding round.
Aspirus and St. Luke’s Move Closer to Affiliation
Aspirus Health (WI) will acquire St. Luke’s (MN), pending the signing of a definitive agreement that calls for Aspirus to implement Epic and its other standard systems at St. Luke’s within 24 months of closing.
Reimagine Care, a provider of virtual and at-home cancer care, secures funding from Houston-based Memorial Hermann Health System.
Sharecare confirms receipt of unsolicited proposal from Claritas Capital
Atlanta-based digital health and wellness company Sharecare considers an acquisition proposal from private equity firm Claritas Capital.
Streamline Health Executes Strategic Restructuring, Provides Corporate Update
RCM vendor Streamline Health Solutions announces layoffs, the loss of a legacy customer, and management changes including a new CEO.
Rite Aid Takes Steps to Accelerate Transformation and Position Company for Long-Term Success
Rite Aid files for Chapter 11 bankruptcy protection and names a new CEO as part of its corporate restructuring strategy.
Healthcare payments startup Waystar makes IPO filing public
Waystar goes public with its IPO filing, announcing plans to list its shares on the Nasdaq alongside a bump in quarterly sales.
Sphere Announces Agreement to Divest Commercial Division
Sphere will sell its Commercial Division to commerce enablement company NMI, allowing it to sharpen its focus on core business such as its TrustCommerce healthcare gateway, Health IPass patient engagement solutions. and Qgiv digital fundraising platform for non-profits.
The VA will establish four new AI centers to test and apply new AI solutions at partner VA medical centers.
Walgreens plans to close some 60 VillageMd clinics
Walgreens will close 60 of its drugstore-attached VillageMD clinics as it pursues $1 billion in cost reductions following a Q4 loss that is the first in its 122-year history.
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