Specialty Networks acquires Gastrologix, a GI-specific group purchasing organization that caters to independent physician practices. Specialty Networks is the parent company of private practice-focused UroGPO, GastroGPO, PPSAnalytics, United Rheumatology, and SNResearch.
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Acquisitions, Funding, Business, and Stock
NextGen reports Q2 2023 results ahead of its UGM in Nashville: revenue up 6.8%, EPS of $0.25 vs. $0.29, exceeding analyst expectations for both.
CareCloud reports a 12% decrease in revenue for Q3 2022, which the company attributes to the loss of two large hospital clients that were acquired and migrated to the systems of their parent organizations.
Virtual pediatric mental healthcare company Brightline reportedly lays off 20% of its staff, according to Behavioral Health Business. It has raised $212 million since launching in 2019.
Announcements and Implementations
AbsoluteCare (MD) will implement ZeOmega’s Jiva care management, utilization management, and clinical assessment support technology.
TytoCare announces GA of Home Smart Clinic, a collection of virtual care devices, technology, and support services that providers and payers can use within their virtual primary care programs.
Bruce Hodges, MD puts his collection of more than 5,000 medical artifacts up for auction. The collection – categorized by antiquities, Africa and Egypt, Native America, and apothecary – was exhibited in the Medicine’s Hall of Fame & Museum in Shawnee, KS. The museum, created and funded by Hodges, closed last month.
- Nordic posts a video titled “The Download: Optimizing Performance to Address Labor Shortages.”
- 3 tips to manage the front office staffing shortage (AdvancedMD)
- Tired: Help desk. Wired: How desk! (Nordic)
- The Answer for Today’s Multidimensional Healthcare (EClinicalWorks)
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