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News 3/6/24

March 6, 2024 News No Comments

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Tava Health raises $20 million in a Series B funding round led by Catalyst Investors, bringing its total raised to over $30 million. The company connects employers to online mental healthcare, and specializes in EHR and practice management software for therapists.


Webinars

March 7 (Thursday) 1 ET. “Live Q&A: Waystar leaders answer provider questions on implementation, solutions + more” (this session will focus on ambulatory and other providers – a session specific to hospitals and health systems will be offered at 3 ET). Sponsor: Waystar. Presenters: Chris Schremser, CTO, Waystar; Laura Canzano, EVP provider and partner client experience, Waystar. Waystar leaders will explore how our secure, mission-critical software yields powerful results, like a 33% increase in staff productivity, while integrating with 530+ EHR/PM systems. We’ll talk through our smooth implementation process, which has earned us a 94% client satisfaction rate and a 74+ client NPS. And we’ll offer details about our hands-on support, which clients can reach in less than 11 seconds and which satisfies 96% of users. We’ll also explore how Waystar can accelerate implementation to alleviate disruption to your revenue cycle, all while helping you increase revenue and decrease manual efforts. For a limited time, Waystar is offering accelerated implementation for those experiencing disruptions due to data security.

March 27 (Wednesday) 3 ET. “Houston Methodist: Deploying clinical AI at scale for improved outcomes.” Sponsor: Health Data Analytics Institute. Presenters: Khurram Nasir, MD, MPH, chief of cardiovascular disease prevention and wellness, Houston Methodist DeBakey Heart & Vascular Center; Brenda Campbell, RN, senior consultant, HM Health System Innovations; Nassib Chamoun, MS, founder and CEO, HDAI. The presenters  will share how an interdisciplinary team collaborated to successfully use predictive models and a novel AI-driven approach to address post-discharge mortality. They will also describe how they expanded use of the platform to reduce clinician time spent digging through the EHR with a one-page risk profile, including codes extracted from notes using generative AI, and targeting their highest risk patients for extra attention. They will speak to how they overcame barriers to bringing AI at scale to support clinicians across the care continuum.

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


Acquisitions, Funding, Business, and Stock

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WindRose Health Investors acquires CardioOne, a physician optimization company launched last year that specializes in independent cardiology practices. The private equity firm will provide up to $100 million in new capital to expand and enhance its services.

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Limbic AI raises $14 million in a Series A funding round. The startup offers AI-powered mental health triage and support tools, including patient self-referral capabilities and therapy companion technology. Limbic’s software was originally developed for the NHS.

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Healthcare-focused government and human services software vendor Healthy Together acquires the assets of Kinsa, which had offered smart thermometers equipped to feed a tracking and resource prediction system for contagious illnesses before it closed its doors last November.

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Healthcare consumer engagement company Carenet Health acquires the majority of population health management business Health Dialog from Rite Aid, which filed for Chapter 11 last October. Rite Aid will retain Health Dialog’s medication adherence management and medication therapy management solutions as a part of its clinical offerings.


People

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CareAbout Health names Rich Almada (Optum) chief strategy officer and promotes Munish Khaneja, MD to chief physician officer.


Announcements and Implementations

Answer Health Physician Organization (MI) selects population health technology from Health Focus Software Solutions.

Zynx Health announces GA of its Zynx for Primary Care clinical decision support tool.


Research and Innovation

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Researchers determine that a lack of EHR interoperability and subsequent physician reliance on fax machines or patients to carry their own records from clinic to clinic are the biggest barriers to closing referral loops. A lack of consistent information-sharing policies across healthcare facilities also contributes to breakdowns in referral processes.


Other

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David Goldberg, MD publishes “Jokes You’ll Love to Tell: The Art of the Extended Punchline” after years of sharing jokes with patients and co-workers at his family practice and in the halls of British Columbia’s Kelowna General Hospital, where he assists with orthopedic surgeries. Proceeds from sales of the book will benefit the KGH Foundation.


Contacts

Jenn, Mr. H, Lorre

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