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Morning Headlines 5/11/22

May 10, 2022 Headlines No Comments

Harris Completes Purchase of Allscripts Hospitals and Large Physician Practices Business Segment

Harris rebrands the hospital and large physician practice software business it acquired from Allscripts to Altera Digital Health.

Med-Metrix Announces the Acquisition of PatientPal, Bolstering the Company’s Front-End RCM Software and Service Solutions

RCM solutions vendor Med-Metrix acquires PatientPal, which offers patient engagement and front-end RCM software.

Omnicell Discloses Some Systems Affected by Ransomware

Omnicell reports that a ransomware attack last week impacted some of its systems, adding that customer operation of its medication management devices was unaffected.

Osmind Raises $40M Series B Round Led by DFJ Growth to Expand Platform for Breakthrough Mental Health Research and Treatment

Mental health EHR and research startup Osmind raises $40 million in a Series B round that brings its total funding to $57 million.

Morning Headlines 5/10/22

May 9, 2022 Headlines No Comments

CareCloud Reports First Quarter 2022 Results

CareCloud reports Q1 results: revenue up 19%; adjusted EPS of $0.23 vs. $0.19, beating Wall Street expectations for both revenue and earnings.

AMIA and HL7 Announce Partnership to Advance Interoperability in the Healthcare Community

The American Medical Informatics Association and Health Level Seven International will work together over the next two years to further interoperability standards.

Upswing Health, Whose Condition-Based Musculoskeletal Healthcare Eliminates Systemic Waste, Closes $5 Million Seed Round

Founded by orthopedic surgeons in 2017, virtual MSK care startup Upswing Health secures $5 million in seed funding.

Morning Headlines 5/9/22

May 8, 2022 Headlines No Comments

Vital computer system has gone down more than 50 times since launching in Spokane, VA confirms

The VA confirms that Cerner was unavailable 50 times for at least some users singe going live in its Pacific Northwest sites, though the outages were not widespread.

Cerebral Receives Subpoena From Federal Prosecutors

Federal prosecutors subpoena online mental healthcare startup Cerebral as part of an investigation into potential violations of the Controlled Substances Act.

Joint Audit of the Department of Defense and the Department of Veterans Affairs Efforts to Achieve Electronic Health Record System Interoperability

An OIG joint audit of efforts by the DoD and the VA to make their Cerner systems interoperable notes that migration of legacy data into Cerner could have been more consistent, medical device integration could be improved, and user access should be limited to information needed to perform job duties.

Morning Headlines 5/6/22

May 5, 2022 Headlines No Comments

Allscripts Announces First Quarter of 2022 Results

Allscripts reports an uptick in Q1 revenue and that CEO Paul Black will step down.

Office overseeing EHR interoperability between DoD, VA not having ‘active role’ in rollout

Lack of oversight and planning by the Federal EHR Modernization Program Office has hampered interoperability between the DoD and VA’s new Cerner systems, according to a new joint report from the DoD and VA inspectors general.

OptimizeRx Reports First Quarter 2022 Financial Results, Revenue Up 22%, Successfully Completes EvinceMed Acquisition

OptimizeRx reports Q1 results: revenue up 22%, adjusted EPS $0.01 vs. $0.04, beating revenue expectations and meeting those for earnings.

Morning Headlines 5/5/22

May 4, 2022 Headlines No Comments

Offor Health Completes Series A Round With Additional $9 Million Led by AXA Venture Partners

Offor Health, which specializes in providing mobile surgical services to in-office settings, raises $9 million in a Series A funding round.

Workflow automation solution for post-acute care Element5 closes $30M in Series B round of funding

Post-acute care workflow automation vendor Element5 raises $30 million in a Series B funding round, bringing its total raised to $45 million.

Cruces-based telehealth company Electronic Caregiver to add 770 jobs

Remote patient monitoring company Electronic Caregiver will hire 770 employees as it expands its headquarters in New Mexico with the addition of a clinical triage center.

Morning Headlines 5/4/22

May 3, 2022 Headlines No Comments

Cerner Reports Fourth Quarter and Full Year 2021 Results

Cerner reports Q1 results: revenue up 4%, adjusted EPS $0.93 versus $0.78, meeting earnings expectations but falling short on revenue.

VA secretary urges EHR rollout to continue, but ‘very concerned’ about system outages

VA Secretary Denis McDonough says the agency will continue rolling out its new Cerner software despite five recent outages that have caused some lawmakers to call for a halt to implementations.

American College of Physicians and the American Telemedicine Association Collaborate on New Digital Health Assessment Framework

The American College of Physicians and the American Telemedicine Association will develop a framework for assessing digital health technologies that are used by providers and consumers.

Morning Headlines 5/3/22

May 2, 2022 Headlines 12 Comments

Virtual care enabler Capable raises $6 million

Capable Health, developer of plug-and-play virtual care software, raises $6 million in seed funding.

Guidewell and Highmark Ventures Lead $35 Million Funding Round in Kidney Health Leader Healthmap Solutions

Kidney care-focused analytics and population health management vendor Healthmap Solutions raises $35 million, bringing its total funding to $135.6 million.

Allscripts Closes Sale of Hospital and Large Physician Practices Business to Constellation Software

Allscripts finalizes the sale of its hospital and large physician practices business to Harris parent company Constellation Software for up to $700 million in cash.

Health startup MyNurse to shut down after data breach exposed health records

Virtual chronic care management and remote patient monitoring startup MyNurse announces it will shut down alongside its notice to users of a March data breach.

Morning Headlines 5/2/22

May 1, 2022 Headlines No Comments

Walmart Health Introduces Telehealth Diabetes Program To Help Businesses Support Employees Through Education and Behavioral Care

Walmart rolls out a diabetes telehealth program for employers that includes diabetes education, behavioral health analysis and counseling, and discounts on insulin, diabetes medications, and test kits.

HST Pathways Announces Acquisition of Simplify ASC

Ambulatory surgery software vendor HST Pathways acquires competitor Simplify ASC.

Configo Health to relocate to Asheville, raises $2M for growth in Western NC

Configo Health, a North Carolina-based startup that has developed benchmarking analytics for pediatric hospitals, raises $2 million.

Morning Headlines 4/29/22

April 28, 2022 Headlines No Comments

Teladoc Health Reports First Quarter 2022 Results

Teladoc Health reports Q1 results: revenue up 25%, EPS -$41.58 versus -$1.31, with the loss driven by a somewhat expected $6.6 billion impairment charge from its $18.5 billion acquisition of Livongo in 2020.

Syllable Raises $40 Million Series C Led by TCV to Improve the Patient Experience with Intelligent Voice Solutions for Health System Call Centers and Medical Practices

Syllable, which sells intelligent voice systems for health system call centers and practices, raises $40 million in a Series C funding round.

Cerner ticks higher on report Oracle likely to see smooth European review

A European antitrust review of Oracle’s planned acquisition of Cerner is likely to surface no concerns, according to a recent report.

Morning Headlines 4/28/22

April 27, 2022 Headlines 2 Comments

HHS puts $90M toward improving health center data collection

HHS allocates $90 million to help health centers modernize their data and reporting capabilities, enabling them to gain a better picture of social determinants of health.

Tenet Reports Cybersecurity Incident

Tenet Healthcare confirms that a cybersecurity incident disrupted patient care last week at several acute care facilities, though normal operations are now being resumed.

Implicity Raises $23M to Broaden Use of Its Cardiac Remote Monitoring Platform

Cardiac remote monitoring and data management technology vendor Implicity raises $23 million in a Series A funding round.

Introducing Source: The Infrastructure Layer for Virtual Care

Virtual care tech startup Source Health launches with $3 million in funding.

Morning Headlines 4/27/22

April 26, 2022 Headlines No Comments

3M is said to consider sale of its healthcare IT division

3M is reportedly seeking a buyer for its Health Information Systems revenue cycle and software business.

Biden Administration Increases Access to COVID-⁠19 Treatments and Boosts Patient and Provider Awareness

The White House’s plan for expanding access to COVID-19 treatments such as oral antivirals includes working with EHR vendors, with Cerner and Epic specifically mentioned, to incorporate antiviral treatment content and availability information.

OneMedNet, An Expert and Leader in Clinical Imaging Innovation and Data Solutions, to Become Publicly Traded Via Combination with Data Knights Acquisition Corp.

Imaging real-world data vendor OneMedNet will go public via a SPAC merger at a valuation of $317 million.

VA electronic health record system hit with further outages at Walla Walla site

VA and Cerner officials are looking into the cause of two EHR system outages at the Jonathan M. Wainwright Memorial VA Medical Center in Walla Walla, WA earlier this week.

Morning Headlines 4/26/22

April 25, 2022 Headlines No Comments

UnitedHealth agrees to sell Change Healthcare’s ClaimsXten business for $2.2bn

UnitedHealth has agreed to sell Change Healthcare’s ClaimsXten claims payment and editing software business to TPG Capital for $2.2 billion, provided its acquisition of Change is finalized.

Ann Arbor’s Fifth Eye Partners with Texas Health Care Analytics Firm

AirStrip invests in clinical analytics company Fifth Eye as part of a collaboration that will include integration of Fifth Eye’s AHI System with AirStrip’s One platform for inpatient surveillance.

LifePoint Health to Lead Investment in Specialist TeleMed

Specialist TeleMed secures an undisclosed amount of funding from LifePoint Health (TN).

Fathom Secures Investment From Vituity’s Inflect Health

Medical coding automation vendor Fathom secures funding from Inflect Health, the innovation arm of Vituity, a provider group based in Emeryville, CA.

Morning Headlines 4/25/22

April 24, 2022 Headlines No Comments

Tenet Health says systems are coming back, calls patient worries ‘preposterous’

A TV station’s report on downtime at two of Tenet Healthcare’s South Florida hospitals prompt the company to complain that it is “preposterous” to suggest that charting on paper during EHR downtime could cause medication errors.

Veteran hospitalized at Spokane VA after missing heart medication, highlighting health record system’s prescription problems

Spokane VA officials confirm that a veteran was hospitalized with heart failure in March after his heart medication prescription – ordered before Mann-Grandstaff VA Medical Center’s conversion to Cerner  – disappeared off his Cerner active medication list.

Newfoundland and Labrador healthcare information system ‘fragmented, outdated’: report

Canada’s Newfoundland and Labrador hasn’t followed through on recommendations that it upgrade to a new version of Meditech in a $92 million project that auditors say would more than pay for itself.

Morning Headlines 4/22/22

April 21, 2022 Headlines No Comments

Netsmart Expands the CareFabric Platform to Support Physical Therapy, Rehabilitation and Wellness Providers

Netsmart acquires TheraOffice, an EHR/PM for physical therapy and rehabilitation practices that will be incorporated into Netsmart’s CareFabric platform.

Mendel Raises $40 Million Series B Round to Expand its Team and Grow Product Offering

Mendel, which uses natural-language processing and AI to transform unstructured clinical data into analytics-ready information, raises $40 million in a Series B funding round.

Reify Health Raises $220M Series D to Bridge the Diversity Gap in Clinical Trials

Clinical trials solutions vendor Reify Health raises $220 million in a Series D funding round that values the company at nearly $5 billion.

NexHealth Raises $125M Series C at $1B Valuation

Healthcare API developer NexHealth raises $125 million in a Series C funding round, bringing its total raised to $177 million.

Morning Headlines 4/21/22

April 20, 2022 Headlines No Comments

MetroWest Medical Center Turned Away Ambulances & Patients Earlier Today

MetroWest Medical Center and St. Vincent Hospital – facilities in Massachusetts owned by Tenet Healthcare – divert patients for several hours in response to a likely cyber attack.

CDC Launches New Center for Forecasting and Outbreak Analytics

The CDC has launched the Center for Forecasting and Outbreak Analytics to enhance the federal government’s ability to respond to outbreaks using data, models, and analytics.

CentralReach Leases Space at Bell Works

CentralReach, a behavioral health EHR vendor based in New Jersey, will relocate its headquarters to build out a remote-first hybrid work space for its 400 employees.

Morning Headlines 4/20/22

April 19, 2022 Headlines No Comments

The Chartis Group Welcomes National Health Equity Advisory Firm Just Health Collective

The Chartis Group acquires health equity advisory firm Just Health Collective, whose founder and CEO Duane Reynolds, MHA has worked in inclusion and diversity executive roles with UnitedHealth Group and the American Hospital Association.

Protenus Granted New Patent “Methods and Systems for Analyzing Accessing of Drug Dispensing Systems”

The US Patent Office awards patient privacy monitoring company Protenus a patent for “Methods and Systems for Analyzing Accessing of Drug Dispensing Systems.”

RevX upgrades MHS GENESIS at Puget Sound Military Health System

Puget Sound Military Health System, Madigan Army Medical Center, Naval Health Clinic Oak Harbor, the Air Force’s 62nd Medical Squadron, and Naval Hospital Bremerton upgrade their Cerner-powered MHS Genesis EHR software with Revenue Cycle Expansion features.

Morning Headlines 4/18/22

April 17, 2022 Headlines No Comments

Effectiveness of Email Warning on Reducing Hospital Employees’ Unauthorized Access to Protected Health Information

A JAMA-published study finds that sending warning emails to professional staff who were detected by monitoring technology inappropriately accessing patient EHR information reduced repeat incidents by 95%.

Mental health startup Ahead got behind

Virtual ADHD treatment provider Ahead, which launched in 2019, announces it will shut down after raising $9 million.

Furious patients hit out as doctors’ chief dismisses concerns about the difficulties of getting face-to-face GP appointments as ‘a lot of noise’

In England, the president of the Royal College of GPs – who holds an ownership stake in a telehealth technology vendor – takes heat for saying in a conference that the most positive development of the pandemic was a huge boost in telehealth.

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