The article about Pediatric Associates in CA has a nugget with a potentially outsized impact: the implication that VFC vaccines…
News 6/26/23
Top News
Independent primary care practice management company Aledade raises $260 million in a Series F round of funding, with which it will improve and acquire services and technology. It has raised $678 million since former National Coordinator Farzad Mostashari, MD launched the company in 2014.
Aledade, now valued at $3.5 billion, supports more than 1,500 practices in value-based care arrangements across the country.
Additionally, Efrem Castillo, MD (Optum) joins the company as SVP for Medicare Advantage.
Webinars
July 12 (Wednesday) 2 ET. “101: National Network Data Exchanges.” Sponsor: Particle Health. Presenter: Troy Bannister, founder and CEO, Particle Health. It’s highly likely that your most recent medical records were indexed by a national Health Information Network (HIN). Network participants can submit basic demographic information into an API and receive full, longitudinal medical records sourced from HINs. Records come in a parsed, standardized format, on demand, with a success rate above 90%. There’s so much more to learn and discover, which is why Troy Bannister is going to provide a 101 on all things HIN. You will learn what HINs are, see how the major HINS compare, and learn how networks will evolve due to TEFCA.
July 27 (Thursday) noon ET. “Why You Shouldn’t Wait to Use Generative AI.” Sponsor: Orbita. Presenter: Bill Rogers, co-founder, president, and chairman, Orbita. The advent of generative AI tools truly represents a paradigm shift. And while some healthcare leaders embrace the transformation, others are hesitant. Invest 20 minutes to learn why you shouldn’t wait. When combined with natural language processing, workflow automation and conversational dialogs, generative AI can help leaders address a raft of challenges: from over-extended staff, to the rising demand for self-service tools, to delivering secure information to key stakeholders. You will learn where AI delivers the greatest value for providers and life sciences, how it can solve critical challenges faced by healthcare leaders, and how Orbita has integrated generative AI into its conversational platform so healthcare leaders can leverage its full capabilities safely and securely.
Previous webinars are on our YouTube channel. Contact Lorre to present or promote your own.
Acquisitions, Funding, Business, and Stock
Hybrid behavioral healthcare provider Octave raises $52 million in a Series C round of funding, bringing its total raised to $86 million.
Well Health Technologies subsidiary CRH Medical invests in Graphium Health, a billing and patient management software vendor serving anesthesia practices in the US. CRH implemented Graphium’s technology at two of its anesthesia sites as part of a pilot in 2022, and plans to expand the implementation to at least 54 ASCs over the next three years.
46VC makes a strategic investment in patient intake and referral technology startup Titan Intake.
People
Modern Health names Neha Chaudhary, MD (BeMe Health) chief medical officer.
Holly McCann (Teleperformance) joins Carenet Health as EVP of sales.
On Belay Health Solutions names Bob LoNigro (HealthCare Partners), SVP, clinical affairs and Kate Casaday (Optum) chief of staff and executive director of program management.
Announcements and Implementations
South Community (OH) implements Cantata Health’s Arize EHR.
Haymarket Center (IL) selects NextGen Healthcare’s EHR and practice management software.
Government and Politics
CRH Healthcare and Peachtree Immediate Care will pay $1.6 million to resolve claims that they upcoded Evaluation and Management claims to Medicare. The Atlanta-based urgent care chain’s coding improprieties were brought to light by several whistleblowers.
Contacts
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