News 3/17/25

March 17, 2025 News No Comments

Top News

CareCloud reports nearly flat year-over-year Q4 revenue of $28.2 million, with annual revenue down slightly to $111 million. Co-CEO Stephen Snyder said during the company’s earnings call that CareCloud is focused on acquiring small to middle-sized medical billing companies to enhance its EHR and practice management offerings. It acquired Mesa Billing earlier this month.

Sponsored Events and Resources

Live Webinar: March 20 (Thursday) noon ET. “Enhancing Patient Experience: Digital Accessibility Legal Requirements in Healthcare.” Sponsor: TPGi. Presenters: Mark Miller, director of sales, TPGi; David Sloan, PhD, MSc, chief accessibility officer, TPGi; Kristina Launey, JD, labor and employment litigation and counseling partner, Seyfarth Shaw LLP. For patients with disabilities, inaccessible technology can mean the difference between timely, effective care and unmet healthcare needs. This could include accessible patient portals, telehealth services, and payment platforms. Despite a new presidential administration, requirements for Section 1557 of the Affordable Care Act (ACA) have not changed. While enforcement may unclear moving forward, healthcare organizations still have an obligation to their patients for digital accessibility. In our webinar session, TPGi’s accessibility experts and Seyfarth Shaw’s legal professionals will help you understand ACA Section 1557 requirements, its future under the Trump administration, and offer strategies to help you create inclusive experiences.

Live Webinar: March 27 (Thursday) noon ET. “How to Improve Clinical Workflows with AI Chart Summaries and Risk Predictions.” Sponsor: Health Data Analytics Institute. Presenters: Scott Cullen, MD, senior advisor, Health Data Analytics Institute; David Clain, chief product officer, Health Data Analytics Institute. Learn how the EHR-embedded HDAIAssist tool is transforming the ability of clinicians to pull insights out the mountains of data that have accumulated in the EHR, quickly, accurately, and cost-effectively. HDAlAssist, which is part of HealthVision, the intelligent health management system, combines AI chart summaries and granular risk predictions to quickly inform care planning decisions, especially for the most complex, high-risk patients.

Contact Lorre to have your resource listed.

Acquisitions, Funding, Business, and Stock

Applied behavior analysis software vendor Motivity raises $27 million and announces new leadership. Smith Anderson (Five Elms Capital) joins the company as CEO, taking over from founder Rex Jakobovits, PhD who will become chief of strategy and innovation.

AdvocateMH, a startup offering behavioral health triage services, raises $6.2 million. CEO David Mou, MD, MBA was a former executive at Cerebral, an online mental healthcare company that has found itself in hot federal water over the last several years due to lax prescribing and security practices.

Announcements and Implementations

Women’s hybrid health clinic Tia implements Nabla’s ambient AI assistant.

Contentnea Health, an FQHC with five centers in North Carolina, selects EHR software from EClinicalWorks.

Other

Supporters launch a GoFundMe campaign to help pediatrician James Kratzer, MD relocate his practice. Kratzer, who has cared for patients in the Fresno, CA area for 40 years, was evicted from his former office space after falling behind on his bills – an unfortunate situation he has attributed in large part to an increasing number of denied claims: “I didn’t expect the situation to be as bad as it is now. Because of some miscommunication in our office, we got blindsided. And it felt horrible — it felt so horrible.”

Local businessman Frank Spizuoco looks to entice a provider to the rural town of Dexter, ME by offering free rent for a year on a medical building formerly occupied by Northern Light Health. Spizuoco, who is also offering a $1,000 finder’s fee, says he’ll leave the deal on the table through the summer in hopes of getting a new provider in to the area: “There are no small-time primary care doctors anymore. I just figured it was worth a shot to put something out there that, you know, no one else would really do,”