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July 19, 2023 News No Comments

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Confirming speculation from several weeks ago, TPG acquires ambulatory healthcare IT vendor Nextech from Thomas H. Lee Partners for $1.4 billion.

Private equity firm THL acquired Nextech from Francisco Partners in 2019 for $500 million.


Webinars

July 26 (Wednesday) 1 ET. “Lessons We’ve Learned Since Launching our Cancer Prevention Program.” Sponsor: Volpara Health. Presenter: Albert Bonnema, MD, MPH chief medical information officer, Kettering Health System; Chris Yuppa, product owner for oncology services and cancer prevention, Kettering Health System. Kettering’s IT department has played a critical role in providing an EHR-driven framework to bring cancer risk assessment and individual prevention plans to more than 90,000 patients. Primary care, OB/GYN, oncology, and imaging providers are now able to assess the hereditary, genetic, and lifestyle factors that affect the risk of developing lung, breast, ovarian, colon, and prostate cancer in any patient encounter. Learn how Kettering brings together people, processes, and technology to be more proactive in the fight against cancer and where its cancer prevention program is headed next.

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.

July 27 (Thursday) 2 ET. “Denial Prevention 101: How to stop denials from the start.” Sponsor: Waystar. Presenter: Crystal Ewing, director of product management, Waystar. There’s a reason denial prevention is prominent everywhere in healthcare RCM. Denials reduce cash flow, drive down revenue, and negatively impact the patient and staff experience. More than half of front-end denials don’t have to happen, but, once they do, that money is gone. It’s a pretty compelling reason to take some time now to do some preventative care on your revenue cycle. This webinar will help you optimize your front end to stop denials at the start. We’ll explore the importance of not only having the right data, but having it right where staff need it, when they need it.

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


Acquisitions, Funding, Business, and Stock

Virtual mental healthcare provider Oria Health will open its new headquarters at the Western Kentucky University Innovation Campus in Bowling Greene. The company anticipates bringing 33 new jobs to the area, almost doubling its current headcount.

RCM and practice management company Ventra Health acquires ArcMed, a billing and automation services vendor based in India.


Announcements and Implementations

Rural Parish Clinic (MO) implements the EClinicalWorks EHR for medical and dental care.

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San Antonio Kidney Disease Center selects Panoramic Health’s kidney care platform including analytics, clinical workflows, and care coordination.

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Virtual mental health provider WellQor will implement Cantata Health’s Azure EHR.

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Edinger Medical Group selects Medicus IT’s MCare managed services.

Behavioral health services provider Praesum Healthcare goes live on EHR, practice management, and RCM technology from Lightning Step Technologies.


Research and Innovation

A Kaiser Permanente analysis of 151,000 births finds that mothers who received in-office and virtual care before, during, and after the pandemic experienced outcomes similar to those of mothers who received only in-person care.

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Patient portal usage is not a priority for most parents, according to a survey of 2,095 conducted over the last three years. Forty-three percent say they’ve used one, while 31% say they see no need for it. A quarter of respondents weren’t aware it was available, and 16% say they prefer other forms of communication.


Sponsor Updates

  • Nordic publishes a video titled “The Download: Cyber strategies to optimize net new technologies.”

Blog Posts


Contacts

Jenn, Mr. H, Lorre

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