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News 8/18/21

August 18, 2021 News No Comments

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Maven Clinic, a digital women’s and family healthcare provider, raises $110 million in a Series D funding round led by Dragoneer Investment Group and Lux Capital (with help from investor Oprah Winfrey). The company, which caters to employers and payers, has raised $200 million since launching in 2014.


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Acquisitions, Funding, Business, and Stock

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Austin-based EqualizeRCM acquires A Cord Billing & Business Services, which offers RCM solutions to physician practices in Oklahoma. EqualizeRCM expanded into the South last year through its acquisition of competitor Solutions4MD’s[sic].

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DocSpace raises $1.2 million in seed funding. The Houston-based startup has developed automated tools to help physicians set up online practices, including digital health storefronts and back-office management solutions. The new funding will help the company further develop its one-click checkout and payment capability. Co-founder Mario Amaro, MD is a US Navy veteran, having served as an aerospace medical technician for seven years.


People

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Hinge Health names Hassan Asghar (Bremer Bank) CISO and Ryan Russell (Amazon) SVP of design and user experience.

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Optimize Health names Ryan Clark (Phreesia) VP of customer success, Sarah Jacob (Accolade) VP of product, and Louie Martinez (Quartet Health) head of people.


Announcements and Implementations

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Privia Health will offer virtual maternity care tools and programs from Babyscripts to its network of 700-plus practices.

Optometric Management Group will leverage insurance billing and credentialing services from RevCycle Partners across its eight locations in Ohio.


Other

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Bucking the trend: Josh Thompson, MD opens Thompson Medical Clinic in Oneida, TN after four years working as a hospitalist at not-so-nearby Fort Sanders in Knoxville. Thompson says the long commute to Knoxville helped a big factor in opting for the life of a solo practitioner, as was the fact that several clinics in Oneida had closed, leaving local residents with fewer options for care.

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The American Board of Telehealth develops a Teleprimary Care Certificate program to help primary care physicians develop telehealth programs using industry best practices. The online course consists of six hour-long modules.


Sponsor Updates

  • AdvancedMD publishes the 2021 edition of its “MACRAnyms” e-book.
  • EClinicalWorks releases a series of podcasts focused on “How Health Centers Nationwide are Improving Access to Care.”

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