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October 12, 2022 News No Comments

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Pediatric virtual mental healthcare company InStride Health launches with $26 million in funding.


Webinars

October 18 (Tuesday) 2 ET. “Patient Payment Trends 2022: Learn All The Secrets.” Sponsor: Mend. Presenter: Matt McBride, MBA, co-founder and CEO, Mend. Many industries offer frictionless payments, but healthcare still sends paper bills to patients who are demanding modern conveniences. This webinar will review consumer sentiment on healthcare payments, recent changes to the Telephone Consumer Protection Act that create opportunities for new patient financial engagement, and new tactics to collect more payments faster from patients.

Previous webinars are on our YouTube channel. Contact Lorre to present your own.


Acquisitions, Funding, Business, and Stock

Well Health Technologies, a Canadian health IT vendor and clinic operator, acquires medical record and billing software and three clinics from CloudMD Software & Services, also based in Canada, for $4.2 million.

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Specialty practice EHR and practice management software company Nextech acquires TouchMD, a visual consultation, marketing, and imaging software vendor.


Announcements and Implementations

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Community Care of the Sandhills (NC) launches a telepsychiatry program using software and services from InSight Telepsychiatry.

Associates in Resource Management will leverage Greenway Health’s EHR, practice management, and RCM technology as it expands its services to FQHCs, rural health centers, and private practices in Kentucky, Tennessee, and Alabama.

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AMS Cardiology (PA) selects practice support services from Atria Health.

Athenahealth uses Jopari’s software to file electronic claim attachment transactions with payers.


Research and Innovation

New data from MGMA finds that rates of physician burnout have increased 4% over last year, with 65% of respondents saying they’ve experienced burnout this year. Not surprisingly, 51% of surveyed providers have considered changing employers. The findings support a separate MGMA poll that found 40% of surveyed practices have had at least one physician resign or retire early due to burnout.


Other

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Talk about a pivot: Former 98point6 CEO Robbie Cape begins working on an environmentally-friendly fast-casual chicken sandwich restaurant in Seattle dubbed Mt. Joy that will leverage innovative technology developed by his former 98point6 software engineer Justin Kaufman. Cape launched the telemedicine company in 2015. He left the company last year at the board’s direction after leading it to $250 million in funding.

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MGMA’s Medical Practice Excellence Leaders Conference winds down in Boston today. I’ve been out of the conference loop for awhile. Are therapy animals now a must-have on the show floor?


Sponsor Updates

  • Healthwise and Medicomp Systems will exhibit at the Oracle Cerner Health Conference October 17-19 in Kansas City, MO.

Blog Posts


Contacts

Jenn, Mr. H, Lorre

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