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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News 4/8/24

Top News

Healthcare software developer FocalPoint Holdings forms a joint venture with health IT and consulting firm CodexIT to acquire healthcare analytics company Conclusn. The new entity will incorporate Conclusn’s analytics with FocalPoint’s Promptly patient engagement software.

Webinars

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

Acquisitions, Funding, Business, and Stock

Ambulatory health IT vendor Tebra sunsets the PatientPop brand. Tebra was formed in 2021 through the merger of PatientPop and Kareo.

Provider reputation management and patient feedback company Rater8 raises an undisclosed amount of Series A funding.

People

SimiTree names Renae Rossow (Therapy Brands) VP of marketing.

Announcements and Implementations

Multi-state Oakview Dermatology selects business communication services, including call center and remote work capabilities, from FluentStream.

Solutionreach announces GA of Revenue Cycle Messaging, patient financial engagement software designed to streamline billing from appointment scheduling to accounts receivable.

In Texas, Harris County Public Health will use Deviceless Remote Patient Monitoring technology from Lightbeam Health Solutions as part of its Accessing Coordinated Care and Empowering Self-Sufficiency integrated care model.

Government and Politics

Oncology San Antonio will pay $1.3 million to settle alleged violations of the False Claims Act related to an unlawful kickback scheme with CorePath Laboratories, which will pay $2.2 million to settle similar allegations. CorePath performed in-office biopsies at OSA, and allegedly paid OSA physicians $115 for each biopsy referral.

Sponsor Updates

• Lotus Weight Loss & Wellness (KY) reports a 30% increase in new patient visits after implement EClinicalWorks EHR and Healow Open Access software.
• Nordic releases a new Designing for Health Podcast, “Interview with Susan Snedaker.”

Blog Posts

• Boosting Billing Efficiency with the Clinical Rule Engine (EClinicalWorks)

Contacts

Jenn, Mr. H, Lorre

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News 4/1/24

Top News

Virtual addiction care company Pelago raises $58 million in Series C funding, bringing its total raised to $151 million. The business, which launched in 2017 as Quit Clinic, offers its services to employers and payers.

Webinars

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

Acquisitions, Funding, Business, and Stock

Telemedicine provider QuickMD acquires South Dakota-based addiction treatment clinic Project Recovery. QuickMD also has brick-and-mortar locations in Alabama, Arkansas, and South Carolina.

Walmart will open 22 new health clinics within Walmart Supercenters this year, bringing its total to 70 across the country. Company officials say they are taking a “measured approach” to clinic expansion

People

Harmony Healthcare IT names Kelly Hahaj (Indiana Health Information Exchange) VP of corporate development.

Jenny Cox (GeBBS Healthcare Solutions) joins Elevate Medical Solutions as president.

Announcements and Implementations

Empathic Podiatry in Texas implements EHR and RCM software from EClinicalWorks.

Other

Providers in Oregon are still feeling the impact of the Change Healthcare outage on their revenue cycle, according to a recent Oregon NPR profile. Oregon Specialty Group, an independent practice with four locations, resorted to mailing and faxing bills to payers, sending one or two in the time it would have normally taken to digitally send 200. That sluggishness cut the practice’s revenue in half – a situation that wasn’t made any better by the initial offer of an $8,000 loan by Change Healthcare parent company UnitedHealth Group. OSP ultimately wound up with a $1.2 million loan after NPR contacted UnitedHealth for its story.

SSM Health Monroe Medical Group staff collect 951 children’s books to give to their pediatric patients during sick visits.

Sponsor Updates

• PerfectServe announces several 2023 milestones, including awards and recognition from industry analysts, 10% revenue growth, and a 107% enterprise net customer retention rate.
• Waystar publishes a new e-book, “4 opportunities for healthcare revenue cycle improvement.”

Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

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News 3/27/24

Top News

Virtual mental healthcare company Brightside Health announces a $33 million Series C investment, bringing its total raised to over $107 million. The company offers its services directly to consumers and payers.

Webinars

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

Acquisitions, Funding, Business, and Stock

Tennr raises $18 million in Series A funding, which it will use to further develop and market its AI-based document automation software geared towards providers who rely on digital faxing. Capabilities include referral management, payment posting, claims auditing, and medical record management.

Tech-enabled pediatric mental healthcare provider InStride Health announces a $30 million Series B funding round.

People

CentralReach promotes David Stevens to head of generative AI.

Strivant Health names Justin Manning (Child Health Imprints) COO and Mike Schiller (Upfront Healthcare) VP of business development.

Announcements and Implementations

Jersey Hydreight, a New Jersey-based mobile IV hydration clinic, selects CareCloud’s TalkUltimate EHR, RCM, and practice management platform.

Greenway Health integrates DrFirst’s RxInform prescription notification and patient engagement software with its Intergy EHR.

Sponsor Updates

• EClinicalWorks becomes a HRSA-approved EHR vendor for UDS+ submissions.

Blog Posts

• How Happy Are You at Work? (AdvancedMD)
• Generative AI Integration into the EHR – Welcome to the Healthcare Revolution (EClinicalWorks)

Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

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