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April 28, 2025 News No Comments

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Private equity firm GTCR is reportedly looking to sell value-based healthcare technology vendor Cedar Gate Technologies at a $1 billion valuation.

GTCR launched Cedar Gate in 2014 with investor David Snow at the helm. He still serves as the company’s chairman and CEO.


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Acquisitions, Funding, Business, and Stock

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Florida-based EyeMD EMR Healthcare Systems secures an undisclosed amount of funding from Performant Capital.

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CareCloud opens an AI Center of Excellence that focuses on embedding AI across all areas of its ambulatory health IT. The center, which the company touts as “dual-shore,” currently employs 50 and will scale up to 500 by the end of the year.


People

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Nicole Chambers, MBA (Annexus Health) joins PatientPoint as SVP of commercial oncology.


Announcements and Implementations

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Sohar Health announces GA of Discovery automated patient intake and insurance verification software.

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Physical Rehabilitation Network begins offering its patients Limber Health’s MSK-focused remote patient monitoring and home exercise app.

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HOPE Community Medicine in Texas rolls out AI medical scribe technology from Sunoh.ai.

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McCall Behavioral Health Network (CT) implements NextGen Healthcare’s EHR and practice management software across its 23 facilities.

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Neighborhood Healthcare (CA) selects Nabla’s ambient AI assistant after a four-month pilot.


Government and Politics

Comprehensive Neurology (NY) will take corrective action and pay $25,000 to settle a potential HIPAA violation related to its failure to meet HIPAA’s Security Rule risk analysis requirement. The practice suffered a ransomware attack in 2020 that exposed the PHI of 7,000 patients.


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