Netsmart acquires HealthPivots, a post-acute care market intelligence firm based in Oregon.
Revelstoke Capital Partners Announces Significant Growth Investment in MediQuant
Healthcare data management company MediQuant secures an undisclosed amount of funding from Revelstoke Capital Partners.
OneOncology acquires digital oncology care software vendor Navigating Cancer.
‘Hospital at home’ startup Doccla raises $46 million for its European expansion
UK-based virtual hospital and remote patient monitoring technology vendor Doccla raises $46 million in a Series B funding round.
Rejoy Health Secures $125 Million Valuation, Plans AI Expansion in Healthcare
New funding for Rejoy Health, developer of large language models for healthcare applications, puts its valuation at $125 million.
Radiology data sharing vendor Enlitic to acquire rival for $5M
Medical imaging data company Enlitic will acquire competitor Laitek for $5 million.
MedHQ Expands Footprint with Acquisition of Trajectory Revenue Cycle Services
Healthcare advisory and administrative services company MedHQ acquires Trajectory Revenue Cycle Services.
CommonWell Health Alliance announces that Athenahealth, ModuleMD, and Solace Health are live on its new TEFCA-ready platform and QHIN that was developed with Ellkay.
Judge Ponders House Arrest for Indicted ADHD Telemedicine CEO
After considering her propensity to delete digital evidence and deeming her a flight risk, a federal judge considers placing Done Global founder and CEO Ruthia He under house arrest while she awaits trial on federal drug, fraud, and obstruction of justice charges.
PatientPay acquires healthcare treatment estimate and payments software vendor ClearGage.
MedScape Launches Free AI Tool to Recap Patient Visits
Medscape launches a free AI scribe for US physicians that can summarize a patient visit in SOAP, H&P, or POMR format.
Hillhouse bids highest to buy healthcare BPO GeBBS from Chrys Cap for $870 mn
Top bidder Hillhouse Investment reportedly offers ChrysCapital $870 million to acquire HIM and RCM vendor Gebbs Healthcare Solutions.
Access and Use of Electronic Health Information by Individuals with Cancer: 2020-2022
An ASTP/ONC study finds that 60% of people who were recently diagnosed with cancer accessed their online medical records in 2020-2022, a marked increase from 2017-2018.
Pfizer Launches PfizerForAll, a Digital Platform that Helps Simplify Access to Healthcare
Pfizer launches PfizerForAll, a direct-to-consumer online healthcare business that offers virtual consults for select conditions, prescription and test delivery to the home, and local appointment scheduling for vaccines.
EHR vendor Cantata Health Solutions acquires Ohio-based Geisler IT Services for an undisclosed sum.
McKesson will acquire business and administrative services company Core Ventures from Florida Cancer Specialists & Research Institute for $2.5 billion.
McLaren Health Care IT system restored following cyberattack
McLaren Health Care (MI) fully restores its computer systems following a ransomware attack earlier this month.
Forge Health Poised for Optimization and Expansion with Strategic Investment from MFO Ventures
Hybrid mental healthcare provider Forge Health will use new funding from MFO Ventures to develop tailored programs for cancer patients and to expand its virtual care services beyond the five states in which it currently operates.
Publicly traded healthcare software vendor Evolent Health is reportedly considering acquisition offers from several private equity firms and insurer Elevance Health.
Cognizant’s subsidiary TriZetto files lawsuit against Infosys over trade secrets
Cognizant-owned TriZetto sues Infosys, claiming that the company stole trade secrets related to TriZetto’s Facets and QNXT health insurance software .
Indicted Telemedicine CEO an ‘Extreme Flight Risk,’ Judge Says
A federal judge deems indicted Done Global founder and CEO Ruthia He a flight risk at a bail hearing last week due to the fact that she has family in China and potential access to company and personal accounts worth a combined $10 million.
Buzzy mental health startup Slingshot AI just grabbed $30 million from A16oz
AI-powered mental health chatbot vendor Slingshot AI reportedly raises $30 million in funding, valuing the company at $220 million.
Indian Health Service CMIO Details EHR Modernization Effort
The Indian Health Service will launch its first Oracle Health pilot in 2026 as it replaces its 40-year-old RPMS EHR in a 10-year, $2.5 billion project.
Arsenal Capital Partners Signs Agreement to Acquire Knowtion Health
Arsenal Capital Partners will acquire RCM vendor Knowtion Health from Sunstone Partners, which will remain an investor.
Solace Raises $14M to Empower Patients through Healthcare Advocates
Digital healthcare navigation company Solace Health raises $14 million in Series A funding, bringing its total raised to $21 million.
Telehealth company Truepill gets swallowed for $525 million
At-home testing and virtual care company LetsGetChecked acquires digital pharmacy company Truepill for $525 million.
Phrase Health Secures $2M NIH SBIR Funding
Phrase Health will use $2 million in NIH funding to develop Quality Improvement templates for its EHR workflow management software.
CancerIQ scores growth funding from private equity
Cancer risk assessment and care planning software company CancerIQ secures funding from Decathlon Capital Partners.
Hospital supply chain automation company Clarium announces $10.5 million in new funding and the GA of its new Astra OS workflow software and data ecosystem.
Premier, Inc. (PINC) Tops Q4 Earnings and Revenue Estimates
Premier announces Q4 results: revenue up 3%, EPS $0.69 versus $0.68, beating Wall Street expectations for both.
Bingham Healthcare (ID) will use a $110,000 grant to launch telepharmacy services at its Pocatello location and teleneurology and virtual behavioral healthcare consults at Bingham Memorial Hospital’s ER.
Buffalo startup raises $6.8 million
Sleep apnea-focused digital healthcare company Ognomy announces a $6.8 million seed funding round.
These techies are solving US healthcare challenges
Providence (WA) will hire an additional 2,000 staff at its IT hub in India by the end of 2025.
Well Health plans to spin out, publicly list SaaS and services business in 2025
Canadian healthcare provider and IT company Well Health will spin off and publicly list its Well Provider Solutions software business in the first half of next year.
Epic expects all of its customers to go live on TEFCA by the end of 2025 using its Epic Nexus QHIN.
McLaren Health confirms ransomware attack, says recovery will last through August
McLaren Health Care (MI) reports that it will take another several weeks to fully recover from an August 4 ransomware attack.
Palomar Health Medical Group restores operations following cyberattack
Palomar Health Medical Group (CA) announces that it has fully restored its computer systems after a cyberattack discovered in early May forced them offline.
Caresyntax Raises $180 Million Funding to Accelerate Growth and Adoption of Precision Surgery
Precision surgery platform vendor Caresyntax raises $180 million in a Series C funding round.
Text-based prescription management software startup Photon announces $9 million in new funding, bringing its total raised to $16.4 million.
XiFin rebrands pharmacy technology business OmniSys to XiFin Pharmacy Solutions and announces plans to launch a visualization tool that will help pharmacies compare payer reimbursement rates.
Mosaic Health Introduced as a National Primary Care Delivery Platform
Elevance Health (the former Anthem) partners with PE firm Clayton, Dubilier & Rice to launch primary care delivery company Mosaic Healthcare.
Blackstone acquires a majority stake in healthcare advisory firm Chartis, parent company of HealthScape Advisors, Jarrard, and Greeley.
Google Pixel Watch 3: bigger, brighter, fine-tuned for fitness
Google launches the Pixel Watch 3, whose health-related features include workout biometrics, cardiac tracking, planning and guiding tools for runners; and loss-of-pulse detection that can contact emergency services.
Veradigm collects initial bids for potential sale
Insiders report that Veradigm has received bids for a potential sale of the company following its announcement that it is seeking strategic alternatives.
CareCloud Reports Second Quarter 2024 Results
CareCloud reports Q2 results: revenue down 4%, EPS $-0.14 versus –$0.37, exceeding estimates for both.
Doximity First Quarter 2025 Earnings: Beats Expectations
Doximity reports Q1 results: revenue up 17%, EPS $0.22 versus $0.15, beating expectations for both and sending shares up sharply to a 52-week high.
Francisco Partners to Sell QGenda to Hearst in a More Than $2 Billion Exit
Hearst, parent company of the Hearst Health network of businesses, will acquire healthcare workforce management software vendor QGenda from Francisco Partners in a deal valued at between $2 billion and $3 billion.
Medical technology company Stryker acquires Care.ai, which specializes in smart healthcare facility and virtual care technologies.
Augmedix Delivers 27% Revenue Growth for Second Quarter of 2024
Ambient AI medical software vendor Augmedix, which will soon be acquired by Commure, sees a 27% increase in Q2 revenue but ultimately misses analyst expectations on earnings and revenue.
AI-powered customer service technology vendor Five9 acquires Acqueon, which offers a revenue execution platform.
TrueClaim: The world’s first transparent, AI-enabled healthcare TPA (that doesn’t suck)
Former executives from Hinge Health, PMD, and Walgreens launch TrueClaim, an AI-enabled third-party administrator for self-insured companies that says it can save 7% of costs with no changes in benefits.
Massachusetts, California Weigh New Curbs on Private-Equity Medical Acquisitions
Massachusetts and California consider limiting private equity acquisitions of healthcare businesses, with the former proposing leverage limits and the latter considering mandatory state approval.
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Think about how bad Amwell leadership must be. They were handed such an opportunity and they fumbled so hard.