The article about Pediatric Associates in CA has a nugget with a potentially outsized impact: the implication that VFC vaccines…
News 4/12/23
Top News
Recuro Health secures $47 million in a Series B investment round. The company offers several types of virtual care services and digital medical home programs incorporating virtual primary and behavioral healthcare.
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Acquisitions, Funding, Business, and Stock
Virtual digestive care provider Oshi Health raises $30 million in a Series B funding round, bringing its total raised to $60 million. The company’s customers include payers, employers, health systems, and specialty practices. Aetna, a CVS Health company, announced last week that it would offer Oshi’s digital program to members in six states.
RCM company Assembly Health acquires JD Matthews Medical Billing Specialists. Assembly Health businesses also include Clinic Anywhere, APS Medical Billing Solutions, SYFR, and Doctor’s Choice Medical Services.
Cano Health leadership concerns escalate, as three former board members write a letter to fellow shareholders alerting them to concerns about the company’s “staggering underperformance” and “deeply troubling” business relationships with family members of CEO Marlow Hernandez, DO. The former board members – Barry Sternlicht, Elliot Cooperstone, and Lewis Gold, MD – have formed an investment group aimed at ousting Hernandez and revitalizing the business, which reported a $428 million loss last year.
Codex IT, a health IT firm focused on eye care practices, acquires computer infrastructure support vendor Practical Systems. It’s Codex’s second acquisition this year, having bought Intranet Consulting in January.
Tech-enabled physician optimization company Vytalize Health acquires Independent Physician Association of New York by securing a controlling interest in its management company, Practice Management of America.
People
Chris Murray (Evolent Health) joins Brightside Health as CFO.
Privia Health promotes Parth Mehrotra to CEO, effective July 1. Mehrotra will succeed Shawn Morris, who will retire.
Announcements and Implementations
Bass Medical Group’s Cancer Center (CA) will implement automated patient screening software developed by the National Comprehensive Cancer Network that will alert providers to patients that may need mental health support.
The Heart & Vascular Institute (MI) will offer its patients CareCloud’s chronic care management program.
E-consult and referral management company AristaMD announces GA of a unified care transition platform that includes patient-to-provider matching, digital referral processing, and e-consults. In related news, AristaMD promoted Eric Urquiza earlier this year to SVP of operations and client experience.
Research and Innovation
A study published in JAMA finds that audio-only telemedicine visits offered at 30 multisite FQHCs in California increased during the pandemic, and continue to play a major role in access to care, with such visits still accounting for one in five primary care visits, and two in five behavioral health visits. The study’s authors believe more research is necessary to determine the effectiveness of audio-only visits and how they can be made to better serve patients, particularly those in rural areas.
Sponsor Updates
- AdvancedMD publishes a new e-guide, “Private Practice KPIs: 12 Data Points That Impact Revenue.”
- Nordic publishes a new episode of DocTalk, “Using data wisely: Telling the insight story.”
Blog Posts
- How to manage ‘relentless’ payment denial codes (AdvancedMD)
Contacts
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