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June 28, 2023 News No Comments

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THL Partners considers selling specialty practice-focused health IT vendor Nextech in a deal that could be worth $1.5 billion. THL acquired Nextech from Francisco Partners in 2019 for $500 million.


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

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RCM and population health management company UnisLink acquires RCM vendor Healthcare Support Technologies, which supports FQHCs, behavioral health clinics, and rural health clinics.

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Blueprint raises $9 million in a Series A funding round. The company offers mental health providers patient tracking and outcomes assessment technologies, as well as a collaborative care app for patients.

In Canada, Shoppers Drug Mart will invest $75 million to gain a minority stake in telemedicine company Maple, whose services are available at 160 of the retail chain’s locations in British Columbia.

Author Health launches with $115 million in funding. The company specializes in offering Medicare Advantage members a team-based, primary care-integrated approach to behavioral healthcare via in-person and virtual visits.


People

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William “Bill” Bettermann (Optum) joins P3 Health Partners as EVP and COO.

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Tebra names Jon Pexton (UserTesting) CFO.

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CentralReach promotes Matt Ward to principal data scientist.


Announcements and Implementations

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Heart of Ohio Family Health, an FQHC with six locations in the central part of the state, selects Medicus IT’s MCare managed services.

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Community Health Northwest Florida rolls out EClinicalWorks across its 19 locations.

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Navina develops a generative AI assistant to help improve the workflows of primary care physicians.


Government and Politics

The US Attorney’s Office charges two former employees of a nonprofit mental healthcare provider in Massachusetts with conspiring to access a protected computer network, plus other charges related to wire fraud. During a two-month period in 2021, the men allegedly attempted to access employee records, listen to and view employee conversations, and develop and deploy a computer program designed to impede an executive’s use of the network. Their efforts shut down the provider’s network, including its EHR.


Research and Innovation

Half of 1,000 surveyed healthcare consumers say they are using more digital health tools than they previously have to communicate with providers and payers. Sixty-two percent expect their online interactions with providers to be just as relevant and consistent as their in-person interactions. Top reasons for changing providers include digital tools that are hard to use, inconsistent experiences across communication channels, and impersonal patient engagement. Not surprisingly, a majority of survey-takers believe AI has the potential to enhance communication between patients, providers, and payers, though not at the expense of patient privacy.


Contacts

Jenn, Mr. H, Lorre

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