News 4/24/24

Top News

Midi Health, which offers virtual care for peri- and menopausal women, raises $60 million in a Series B funding round, bringing its total raised to $100 million.

Webinars

None scheduled soon. Previous webinars are on our YouTube channel. Contact Lorre to present or promote your own.

Acquisitions, Funding, Business, and Stock

98point6 conducts another round of layoffs, with some employees noting on LinkedIn that the company is now running with a skeleton crew. Several seem to have transitioned to Transcarent, which acquired 98point6’s virtual care technology and primary care business last year for $100 million. The company then pivoted to licensing its technology to other vendors, raising $30 million in April 2023 to fund and scale the new business.

Summer Health raises $12 million in Series A funding. The company offers subscription-based pediatric care via text messaging.

People

Linda Stotsky (Boston Software Systems) joins ClinicMind as chief marketing officer.

Greater Good Health names Tyler Jung, MD (One Medical) chief medical officer.

Vytalize Health names Sherry Slick (Indiana Hemophilia & Thrombosis Center) CIO and Hirsh Sandesara, MD, MBA (Blue Cross NC) SVP of clinical performance.

Announcements and Implementations

Texas-based FQHC Coastal Bend Wellness Foundation implements Sunoh.ai’s AI medical scribe capabilities.

Government and Politics

The Ontario government will expand a pilot program involving the use of AI medical scribe technology to 150 primary care physicians. The expansion is part of a larger, tech-focused effort to help free up 95,000 hours annually for physicians.

Sponsor Updates

• Canyonville Health and Urgent Care (OR) expands to chronic care management services using EHR technology from EClinicalWorks and AI medical scribe software from Sunoh.ai.

Blog Posts

• Support Value-based Care with Sunoh.ai (EClinicalWorks)

Contacts

Jenn, Mr. H, Lorre

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News 4/22/24

Top News

Clarity Pediatrics, a provider of online pediatric ADHD care, raises $10 million in a seed funding round. It plans to expand its services beyond its homebase of California, and to eventually offer treatment for allergies, obesity, and asthma.

Webinars

None scheduled soon. Previous webinars are on our YouTube channel. Contact Lorre to present or promote your own.

Acquisitions, Funding, Business, and Stock

Nibble Health rebrands to Standard Practice. The New York City-based company specializes in using AI to automate outbound physician practice calls to payers and pharmacies. It has raised $8.5 million in seed funding since launching in 2021.

Announcements and Implementations

Easterseals Midwest (MO) selects the Cx360 EHR from Core Solutions. The behavioral health EHR vendor recently announced GA of an EHR-agnostic, AI-based symptom-tracking tool.

PriMale Health in Texas implements EHR and patient engagement technology from EClinicalWorks, and AI medical scribe software from Sunoh.ai.

The St. Joseph Health Department (MO) implements CureMD’s EHR.

Sponsor Updates

• Nordic releases a new Designing for Health Podcast, “Interview with Josh Liu, MD.”
• Waystar will exhibit at the MGMA Financial Focus Conference April 24-27 in San Diego.

Blog Posts

• Strengthening healthcare IT infrastructure: A wake-up call for cybersecurity resilience (Nordic)

Contacts

Jenn, Mr. H, Lorre

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News 4/17/24

Top News

Healthcare IT and professional services firm Medicus IT acquires BlueNovo, a health IT consulting company focused on community health centers.

Webinars

None scheduled soon. Previous webinars are on our YouTube channel. Contact Lorre to present or promote your own.

Acquisitions, Funding, Business, and Stock

Sunstone Partners invests in remote patient monitoring and chronic care management company Accuhealth. Chris Schmaltz (McKinsey) has joined the company as executive chairman.

Hybrid mental healthcare provider Two Chairs raises $72 million in a Series C funding round, bringing its total funding to $103 million. Two Chairs differentiates itself from its competitors by employing its therapists, rather than relying on contracted staff, and offering scheduling technology that helps patients select best-fit therapists.

RFX Solutions announces $9 million in Series A funding. The company specializes in healthcare regulatory compliance software for ambulatory surgery centers.

LunaJoy, a virtual mental healthcare clinic for women, will use $4.2 million in new funding to launch an integrated care program for maternal mental health.

People

Lee Dragoonis (Healthcare Outcomes Performance Co.)  joins Yosi Health as VP of business development.

Announcements and Implementations

Washington State Department of Enterprise Services selects EnsofTek’s DrCloudEHR.

Canyonville Health and Urgent Care (OR) implements Sunoh.ai’s AI medical scribe software.

Dermatology Institute & Skin Care Center (CA) selects Healthcare Accretion AI’s MedMatrix AI analytics solution.

Contacts

Jenn, Mr. H, Lorre

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News 4/15/24

Top News

Virtual eating disorder treatment company Equip Health raises $35 million, according to a recent securities filing.

Webinars

None scheduled soon. Previous webinars are on our YouTube channel. Contact Lorre to present or promote your own.

Acquisitions, Funding, Business, and Stock

Virtual physical therapy provider Hinge Health lays off 170 employees, 10% of its staff, as it prepares for an IPO. The San Francisco-based company has raised $828 million since launching nine years ago. Its most recent funding round occurred in 2021.

People

Parsley Health names Chris Ricaurte (VillageMD) co-CEO, alongside founder and current Co-CEO Robin Berzin, MD.

Jim Murray (Centene) joins VillageMD as president and COO.

Array Behavioral Care names Patrick Williamson (Netgain Technology) CIO and Christy Kisner (SpecialtyCare) COO.

Announcements and Implementations

Community Health Network implements Notable Health’s AI capabilities for automating chart review, care gap scheduling, and pre-visit planning across its 200 care sites in Indiana.

Sea Mar Community Health Centers (WA) will implement a variety of Health Catalyst analytics software and leverage the company’s professional services.

Lakes Region Mental Health Center (NH) will replace its Essentia EHR from Netsmart with the vendor’s MyAvatar behavioral health EHR June 1.

Goodtime Family Care in Baltimore implements Sunoh.ai’s medical AI scribe software.

Radiology Imaging Associates selects AbbaDox’s CareFlow RIS software.

Seattle-based ZoomCare will roll out Athenahealth across its 50 neighborhood clinics.

Government and Politics

The FTC bans virtual alcohol addiction treatment company Monument from sharing patient health data with third-party advertising sites. Monument allegedly shared the highly sensitive data of 84,000 patients with advertisers including Meta and Google without their consent, despite publishing privacy policies to the contrary.

Other

Family Medicine in Albuquerque scrambles to treat patients in the dark after thieves cause a power outage while stripping a nearby transformer of copper wire. The practice was without power for several days, cutting exam room availability from 15 to five while relying on lanterns, work lights, and good old fashioned daylight. The thieves, offenders well known to local authorities, were apprehended within a few days.

Sponsor Updates

• PerfectServe partners with TeamBuilder to offer its predictive staff scheduling platform in conjunction with its Lightning Bolt provider scheduling software.
• Healthcare Choices NY uses the EClinicalWorks EHR and Healow no-show prediction AI model to reduce its no-show rate, increase revenue, and improve patient care.

Blog Posts

• The relationship Rx: Unlocking healthcare’s hidden superpower through human-centered design (Nordic)
• Leveraging AI: EClinicalWorks Reimagining Healthcare Delivery (EClinicalWorks)

Contacts

Jenn, Mr. H, Lorre

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News 4/10/24

Top News

Mental health technology company Grow Therapy raises $88 million in a Series C funding round, bringing its total raised to $180 million. It offers access to both virtual and in-person therapy sessions via its online appointment-booking tool.

Webinars

None scheduled soon. Previous webinars are on our YouTube channel. Contact Lorre to present or promote your own.

Acquisitions, Funding, Business, and Stock

Patient payment and engagement software vendor Rivia Health raises $3.25 million in a seed funding round led by PHX Ventures.

People

Netgain Technology names Nelson Gomes (Medicus IT) as VP of healthcare.

Aalpen Patel, MD (Geisinger Health) joins MedQuest Associates as chief clinical and innovation officer.

Announcements and Implementations

Health Village Imaging (NJ) selects RCM software and services from Healthcare Administrative Partners.

Greenway Health launches AI-powered Clinical Assist documentation capabilities within its Prime Suite and Intergy EHRs using Nabla’s ambient AI assistant software.

Primary Care Medical Partners (TX) selects Sunoh.ai’s clinical documentation software.

Research and Innovation

Black Book Research survey-takers rank Veradigm’s Practice Fusion EHR first in customer satisfaction with ambulatory EHR and practice management software.

Other

Anatomy IT develops a HealthIT Framework and Scorecard to help providers assess and make improvements upon their IT systems, applications, and processes.

Patients of Optum-owned Oregon Medical Group are up in arms after receiving letters announcing they’ve essentially been fired from the practice due to a lack of physicians. Thirty-two doctors have left the group over the last two years. Optum says it is working to establish a Virtual Health Services program that will enable the practice to begin accepting new (and former) patients.

Contacts

Jenn, Mr. H, Lorre

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