Virtual gastrointestinal clinic Oshi Health raises $60 million in a Series C funding round, bringing its total raised to $113 million.
EHR and practice management software developer Healthie announces $23 million in Series B funding.
Legion Health Pivots to Digital AI-Enabled Psychiatry, Raises Over $6M
Texas-base Legion Health raises $6.3 million in seed funding as it pivots from connecting providers with digital mental healthcare services to offering telepsychiatry.
Walgreens Boots Alliance Reports Fiscal Year 2024 Earnings
Walgreens announces that it will close 1,200 drugstores and reports Q4 results: revenue up 6%, EPS -$3.48 versus -$0.21, beating analyst expectations for both and sending shares sharply up.
Patient engagement startup Parakeet Health launches its generative AI voice platform for patient communication and raises $3 million in seed funding.
CVS to exit core infusions services business, job cuts possible
CVS Health will exit its infusion business and close or sell 29 related regional pharmacies.
MDisrupt, which offers a health technology expert marketplace, receives a $1 million milestone-based investment from the American Heart Association’s newly created venture arm.
UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability
UnitedHealth Group beats analyst expectations for Q3 revenue and earnings per share, but sees shares drop alongside the news that the Change Healthcare cyberattack will cost it $705 million.
Resilience Lab, a digital healthcare company that matches patients with virtual and in-office therapists, acquires virtual mental healthcare provider Options MD, including its proprietary clinical intake and AI-powered clinical decision support software.
Gryphon Healthcare, LLC Notifies Individuals of Data Security Incident
Medical billing company Gryphon Healthcare notifies 400,000 individuals of a third-party data breach that may have exposed patient information.
UMC’s electronic health record systems restored over two weeks after ransomware attack
UMC Health (TX) restores its computer systems after a ransomware attack in late September forced it to divert ambulances and enact downtime procedures.
Elad Gil’s Latest AI Bet Is in Health
Ambient documentation vendor Abridge is reportedly raising a $250 million investment that values the company at $2.5 billion.
DEA poised to extend telehealth prescribing rules again
The Drug Enforcement Administration suggests that it will again extend rules that allow prescribing controlled substances from telehealth encounters.
Rhysida Leaks Nursing Home Data, Demands $1.5M From Axis
A ransomware group threatens to publish patient data from Colorado-based behavioral and long-term care provider Axis Health System unless it pays $1.5 million.
Glooko Secures $100 Million Series F Financing and Appoints Mike Alvarez as Chief Executive Officer
Diabetes digital health vendor Glooko raises $100 million in a Series F funding round.
Healthcare startup Suki raises $70 million to build AI assistants for hospitals
Ambient documentation software vendor Suki raises $70 million in a Series D funding round that values the company at $500 million.
Fullscript Acquires Rupa Health
Nutritional supplement ordering technology vendor Fullscript acquires Rupa, which offers a specialty lab ordering system.
Aware Health Secures $3M in Seed Funding to Expand Value-Based Musculoskeletal Solutions
Aware Health, which offers employers digital health solutions for musculoskeletal care, raises $3 million in a seed funding round led by Boomerang Ventures.
Carequality releases resolution in dispute between Epic and Particle Health
Carequality releases a redacted version of its steering committee’s resolution related to Epic’s months-long patient privacy dispute with Particle Health, which filed an antitrust lawsuit against the EHR vendor last month.
California Enacts Health AI Bill and Protections for Neural Data
A newly signed California bill requires providers to include a specifically formatted disclaimer when AI was used in patient-facing clinical communication that has not been reviewed by a licensed provider.
Nordic divests federal portion of S&P Consultants; strengthens focus on Oracle Health practice
Nordic sells the federal line of business conducted through S&P Consultants, which it acquired in 2021, to S&P founder Andy Splitz.
Reveleer Acquires Curation Health, Expanding Capabilities in Clinical Intelligence Solutions
Value-based care workflow automation vendor Reveleer acquires clinical insights company Curation Health.
Henry Ford Health Launches New Company to Advance Population Health
Henry Ford Health (MI) launches Populance, a new non-profit subsidiary that will offer providers and payers population health management software and services.
Harmony Healthcare IT Announces Acquisition of Trinisys
Data management firm Harmony Healthcare IT acquires Trinisys, which offers data management and workflow automation solutions.
Baylor Scott & White Health, Memorial Hermann Health System, Novant Health, and Providence form Longitude Health, which will “identify, develop, and scale capability-based solutions to enhance core operational functions and transform health system performance.”
Eleanor Health Raises $30 Million to Transform Delivery of Substance Use Disorder Care
Hybrid outpatient addiction treatment provider Eleanor Health raises $30 million in a Series D funding round led by General Catalyst.
Brooklyn Heights firm raises $15M to save patients from chronic googling
Roon, a medical information website curated by clinical experts, announces $15 million in funding.
Health-Care Software Company Sues Staffing Firm Using Same Name
Epic sues healthcare and life sciences staffing company Epic Staffing Group for trademark infringement.
‘Too early to for us to say’: FTC won’t rule out action in Epic Systems antitrust lawsuit
Federal Trade Commission Chair Lina Khan tells a Madison TV station at a Wisconsin event that it’s too early to tell whether FTC will involve itself in Particle Health’s antitrust lawsuit against Epic, adding that FTC doesn’t usually get involved in litigation between companies.
‘Deeply sorry’: Alberta investigates causes in delayed AHS referrals to community specialists
In Canada, Alberta Health Services determines that its Connect Care system has failed to process thousands of referrals to community specialists, impacting 14,000 patients.
Founder of Alleged Adderall ‘Pill Mill’ Sent Back to Jail
A federal judge revokes the bail of Ruthia He, the founder and CEO of telehealth company Done Global, for failing to disclose to authorities that she possessed documents that would have allowed her to return to China.
Diabetes startup Omada Health has confidentially filed its S-1 to go public
Virtual care chronic disease management vendor Omada Health, most recently valued at $1 billion, files SEC paperwork for an IPO that is planned for early 2025.
Providence Medical Institute (CA), which experienced a series of ransomware attacks in 2018, will pay $240,000 to settle federal allegations that it violated HIPAA by failing to have a business associate agreement in place and failing to allow only authorized entities access to digital PHI.
Employer-focused telemedicine clinic company Rezilient Health raises $10 million in a Series A funding.
RXNT Acquires Scalabull, Streamlining Clinical Lab and Facility Interfacing For Providers Nationwide
Ambulatory health IT vendor RXNT acquires diagnostic services interface developer Scalabull.
ICoreConnect sells its managed services division to The 20, an IT service management company based in Texas.
Rippl Raises $23 Million in Fresh Series A Capital to Fund Multi-State Expansion
Virtual dementia care services company Rippl announces $23 million in Series A funding.
TTUHSC gives update on patient impact following IT outage
Texas Tech Physicians and parent organization Texas Tech University Health Sciences Center deal with what appears to be the same ransomware attack that is affecting affiliate UMC Health.
VisiQuate Joins Forces with Accel-KKR to Propel Growth and Innovation
Private equity firm Accel KKR acquires VisiQuate, which offers revenue cycle analytics and workflow automation.
Autonomous Medical Coding Engine Nym Announces $47 Million Growth Investment Led by PSG
Autonomous medical coding company Nym secures $47 million in new funding.
Private equity firm TPG takes a majority position in Surescripts, which hired an investment bank to search for potential buyers in April 2024.
Billing and practice management software vendor StrataPT announces $25 million in funding.
Major CVS shareholder plans activist push, will meet with management, sources say
CVS shares rise on the news that Glenview Capital executives meet with CVS leaders to discuss rescuing the floundering business, which has seen its stock plummet amidst layoffs, store closures, and other efforts to cut $2 billion in expenses.
VieCure, which offers AI-powered clinical decision support and EHR software for community-based oncology providers, announces $45 million in new funding.
HHS Finalizes Federal Health IT Strategy to Drive Systemic Improvements in Health and Care
HHS publishes the final 2024-2030 Federal Health IT Strategic Plan, which outlines goals around improving experiences and outcomes for health IT users and the policy and technology components needed to support them.
Epic calls on Particle Health to approve release of resolution in patient privacy dispute
Epic asks Carequality to publicly release its resolution regarding the dispute between Epic and Particle Health.
Digital musculoskeletal therapy provider Hinge Health, last valued at $6 billion in October 2021, hires investment bankers to take the company public next year.
EQT to exit AGS Health, eyes $750 million valuation
The investment firm owner of US-based, 12,000-employee health IT services firm AGS Health will seek a buyer for its five-year-old investment at a valuation of $780 million.
A US Crackdown Targeted an Adderall ‘Pill Mill.’ Secretly, It Had Already Moved to China.
California-based telehealth startup Done Global, which prosecutors allege has operated as an Adderall pill mill, has reportedly moved its operations to China and shifted management to employees there to continue business as usual despite the arrest of its US executives.
Graybill to separate from Palomar Medical group, citing cyber attack
Graybill, a California-based primary care group, will split from Palomar Health Medical Group, citing that organization’s inadequate support following an April 2024 cyberattack that took systems offline for months.
Dimer Health raises $2.95M to cut down hospital readmissions
Dimer Health, a startup that specializes in healthcare facility discharge and post-acute care coordination, raises $3 million in a seed funding round.
VA makes tele-emergency care available nationwide, offering Veterans more virtual care options
After a successful pilot, the VA expands its tele-emergency virtual triage service to veterans nationwide through its VA Health Connect program.
Senators Ron Wyden (D-OR) and Mark Warner (D-VA) introduce cybersecurity legislation that, if passed, would mandate the development and enforcement of tougher minimum cybersecurity standards for healthcare organizations, remove the current cap on HIPAA fines, and provide cybersecurity funding for select hospitals.
Lubbock UMC experiences ransomware attack, diverts patients to other hospitals
University Medical Center (TX) diverts patients and enacts downtime procedures as it deals with a ransomware attack.
Global healthcare AI company Qure.ai raises $65 million in a Series D funding round.
Pomelo Care acquires The Doula Network to add wrap-around doula services to its virtual and now in-person maternity care offerings.
UAB Health System to invest in new EHR platform
UAB Health System will spend $380 million over the next seven years to implement and operate Epic.
VA’s new EHR saw 826 ‘major’ incidents since its launch
A new report from the VA OIG finds that the VA’s Oracle Health-based EHR that has been implemented at six facilities experienced 826 major performance incidents between October 2020 and March 2024.
The Indian Health Service outlines the ways in which it will avoid the VA’s mistakes with its own Oracle Health project, including requiring implementation only at those clinics that it manages directly.
Introducing the 2024 Draft Federal FHIR Action Plan
ASTP publishes a draft of the 2024 Federal FHIR Action Plan.
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I was part of the Pfizer COVID vaccine clinical trial in 2020. There was an app for recording some simple…