E-consult company AristaMD acquires referral management platform developer Preferral for an undisclosed sum.
Healthcare advisory and analytics firm Press Ganey acquires Forsta, a customer experience and market research technology business.
Neura Health Raises $2.2M to Improve Access and Quality of Care for Neurologic Conditions
Neura Health, a membership-based virtual clinic specializing in treatments for headaches, raises $2.2 million in seed funding.
Premier, Inc. Reports Fiscal Year 2022 Second Quarter Results
Premier reports Q2 results: revenue down 10%, adjusted EPS $0.73 versus $0.65, beating Wall Street expectations for both.
Ventilator manufacturer Vyaire Medical warns users of certain models to turn off the HL7 communication option after customers reported that the devices “unintentionally ceased ventilation during clinical use and require rebooting to resume ventilation.”
HHS: Conti ransomware encrypted 80% of Ireland’s HSE IT systems
HHS publishes a threat brief dissecting the ransomware attack that disrupted Ireland’s health service for four months.
SOC Telemed to be Acquired by Patient Square Capital
Healthcare investment firm Patient Square Capital will acquire acute care telemedicine platform vendor SOC Telemed for about $300 million.
Baker Tilly Acquires Orchestrate Healthcare
Advisory CPA firm Baker Tilly, US acquires Orchestrate Healthcare, which offers consulting services for EHR implementation, analytics, IT security, and health IT staffing.
Change Healthcare Inc. Reports Third Quarter Fiscal 2022 Financial Results
Change Healthcare reports Q3 results: revenue up 10%, adjusted EPS $0.36 versus $0.34, meeting earnings expectations and beating on revenue.
‘The darkest, most bottomless pit in healthcare:’ Goodbill raises $3.4M to tackle medical billing
Hospital billing and payment transparency software startup Goodbill has raised $3.4 million in seed funding.
Kipu Health appoints former TriZetto and Eclipsys CEO Andrew Eckert (Zelis) as chairman of its board.
Calm app acquires Ripple Health Group and appoints a new co-CEO
Relaxation app developer Calm acquires Ripple Health Group, which offers caregivers digital healthcare organizers and coordination with professional care teams.
Biden relaunches cancer-fighting ‘moonshot’
President Biden announces the relaunch of his Cancer Moonshot program, which aims to reduce the cancer death rate by 50% over the next 25 years, alongside the proposed launch of the Advanced Research Projects Agency for Health.
PointClickCare Technologies Announces Intent to Acquire Audacious Inquiry
Post-acute care software vendor PointClickCare will acquire Audacious Inquiry, a Baltimore-based care notification and coordination technology company.
Cancer care navigation and experience platform vendor Jasper Health raises $25 million in a Series A funding round.
VA failed to ensure data quality during initial EHR rollout, GAO finds
A GAO report finds that the VA did not establish performance measures and goals for migrating data from VistA to Cerner Millennium and HealteIntent before initial go-live in October 2020, resulting in the recommendation that the VA establish and use data performance measures and use a stakeholder register to make sure reporting needs are addressed.
Forescout Acquires CyberMDX to Expand Healthcare Cybersecurity Focus
Enterprise cybersecurity firm Forescout Technologies acquires healthcare cybersecurity company CyberMDX.
Vynca Secures $30 Million in Funding to Expand Integrated Palliative Care Platform
Advanced care planning software vendor Vynca raises $30 million in a funding round led by Quest Capital.
Vista Equity Partners and Evergreen Coast Capital will acquire Citrix for $16.5 billion and merge it with Tibco Software, an enterprise data management company that includes healthcare providers and payers among its customers.
Remote patient monitoring company Athelas achieves a $1.5 billion valuation after raising $132 million in two funding rounds.
Suicide hotline shares data with for-profit spinoff, raising ethical questions
Crisis Text Line, a non-profit that uses big data and AI to provide text-based behavioral support, reportedly shares its anonymized text conversations with a for-profit spinoff that sells customer service software.
1-800 Contacts Announces New Company Focused on B2B Vision Technologies and Services
1-800 Contacts launches Luna Solutions, a new business that will offer third parties vision-focused services and technologies including telehealth and online prescriptions.
Cleveland Clinic Appoints Rohit Chandra, Ph.D., as Chief Digital Officer
Cleveland Clinic hires Rohit Chandra, PhD (Sunshine) to the newly created role of chief digital officer.
Value-based care services and technology vendor ApolloMed acquires Orma Health, a Direct Contracting Entity that offers a clinical AI platform for remote patient monitoring.
Akili Interactive, which offers neural stimulation apps that target attention function, announces that it will go public in a SPAC merger in mid-2022 that values the company at up to $1 billion.
NextGen Healthcare Reports Fiscal 2022 Third Quarter Results
NextGen Healthcare reports Q3 results: revenue up 6%, adjusted EPS $0.24 versus $0.26, beating earnings expectations.
DigitalOwl raises $20M to analyze medical records for insurers
DigitalOwl, which uses natural language processing to extract relevant, searchable data from medical records, raises $20 million in a Series A funding round.
Defense Department Deploys New Health Records System for Another 19,000 Users
In its largest MHS Genesis go-live to date, the DoD deploys its new Cerner EHR at 100 locations in Texas.
Atlas Health raises $40 million to further develop software designed to help patients find medical financial aid.
Reimagine Care, which supports at-home cancer care with remote patient monitoring and patient-reported outcomes, raises $25 million in a Series A funding round.
Change Healthcare is said to consider asset sales in UnitedHealth deal
Change Healthcare is considering selling some of its assets to help gain approval for its sale to UnitedHealth Group, with payment integrity business ClaimsXten being shopped at a potential $1 billion sale.
Golden parachutes could make parting sweet sorrow for Cerner executives
Cerner President and CEO David Feinberg, MD and former chairman and CEO Brent Shafter will receive a combined $43 million if they are forced out as a result of the Oracle acquisition, according to recent SEC filings.
DarioHealth, which specializes in digital chronic care management for providers, payers, and employers, acquires Israel-based digital MSK screening and risk assessment company Physimax.
Medication management startup Truentity Health has raised $1 million in pre-seed funding.
ONC issues an RFI seeking public input on electronic prior authorization standards, implementation specifications, and certification criteria that could be adopted within its Health IT Certification Program.
Francisco Partners to Acquire IBM’s Healthcare Data and Analytics Assets
IBM will sell its Watson Health business to private equity firm Francisco Partners at a price likely in the $1 billion range.
Health IT company Emids acquires low-code, enterprise-focused software development and consulting firm Cloud Development Resources for an undisclosed sum.
The UCLA Center for Smart Health and Hearst Health will jointly offer the Hearst Health Prize, which will recognize data science initiatives that improve outcomes.
Quest Diagnostics to Acquire Patient-Engagement Company Pack Health to Improve Value-Based Care
Quest Diagnostics will acquire virtual health coaching company Pack Health in an all-cash deal whose value was not disclosed.
Lyra Health Completes $235M Funding Round, led by Dragoneer, to Fuel International Expansion
Lyra Health, which offers online and in-person workforce mental health solutions, raises $235 million in financing.
Gale Healthcare Solutions, whose platform helps hospitals contract and manage per diem and travel nurses, receives a $60 million growth equity investment.
Big Health raises USD75m in Series C round led by SoftBank Vision Fund 2
Big Health, which sells apps for insomnia and anxiety to employers and health plans, raises $75 million in a Series C funding round, increasing its total to $129 million.
Wheel Raises $150 Million Series C to Power the Virtual-First Care Revolution
White-label telemedicine and staffing company Wheel raises $150 million in a Series C investment round that brings its total funding to $216 million.
Babylon Acquires DayToDay Health to Help Patients Recover at Home and Drive Down Rehospitalization
Digital health company Babylon acquires DayToDayHealth, a startup launched out of MIT that offers patients pre- and post-visit care education, communication, and clinical support via personal care teams.
VA seeks dashboard to coordinate $21B health record project
The VA seeks dashboard technology that can facilitate communications; convey scheduling, tasks, and deadlines; and support decision-making amongst stakeholders involved with its EHR modernization project.
ONC and The Sequoia Project publish the Trusted Exchange Framework and the Common Agreement (TEFCA) that will allow entities to apply for designation as Qualified Health Information Networks.
England-based ordering communications and laboratory information management systems vendor CliniSys — which was purchased by Sunquest owner Roper Technologies in 2015 — acquires Raleigh, NC-based Horizon Lab Systems.
Physical therapy software vendor WebPT acquires competitor Clinicient and its Keet digital MSK care subsidiary for an undisclosed sum.
ContinuumCloud Acquires CaredFor to Expand Solution Offering
ContinuumCloud, a cloud-based health IT developer focused on behavioral health and human services organizations, has acquired patient engagement app vendor CaredFor.
A class-action lawsuit filed in early January alleges digital mental health company Talkspace misled investors just before its merger with an SPAC that ultimately provided it with $250 million in capital.
Health Tech Startup Closes Seed Round
Radiology-focused analytics company Xillum raises $1.1 million in seed funding.
Digital Health Leader Verana Health Secures $150M Series E Funding Round
Verana Health, which sells real-world evidence data to life sciences companies, raises $150 million in a Series E funding round, increasing its total to $289 million.
MPulse Mobile Acquires HealthCrowd and Receives Growth Investment from PSG
Healthcare conversational AI vendor MPulse Mobile acquires healthcare communications vendor HealthCrowd and secures funding from PSG.
VA pushes back second EHR deployment, citing delays in training from COVID-19
The VA pushes back its second Cerner go-live from March 5 to April 30 at its Columbus, OH facility, which it says has experienced training delays because 200 of its 1,700 employees are absent.
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