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News 4/3/23

April 3, 2023 News Comments Off on News 4/3/23

Top News

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Primary care provider Cano Health sees its stock slump on the news that three directors have resigned. Former director Barry Sternlicht was, upon his departure, vocal in his criticism of the company’s management team and operating decisions, which have caused the company’s stock to drop 90% from its debut.

Cano operates 141 primary care centers across the country. Both CVS Health and Humana considered acquiring it last fall.


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People

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Peter Licursi (Abacus Insights) joins Pager as chief growth officer.


Announcements and Implementations

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Direct primary care-focused health IT vendor Hint Health announces GA of Hint All-in-One, a technology platform that includes EHR, billing, and patient/member relationship management capabilities. The new offering likely includes software developed by AeroDPC, which was acquired by Hint Health last November.

Pager will incorporate Google Cloud’s Healthcare API, Dialog flow, and BigQuery data platform into its patient engagement platform that includes care navigation and virtual care capabilities.


Research and Innovation

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Researchers determine that family physicians working in federally-run practice settings are more likely to collaborate with behavioral health professionals than those that work in private practice settings. Strong correlations were also seen amongst female physicians, core/salaried faculty, working in Southern states, and working in states with higher concentrations of psychiatrists. Forty percent of the 25,222 family physicians surveyed reported working collaboratively with behavioral health professionals.


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    News 3/29/23

    March 29, 2023 News Comments Off on News 3/29/23

    Top News

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    HHS announces nearly $124 million in grant opportunities focused on helping clinics establish and manage Certified Community Behavioral Health Clinics, as well as on enhancing and supporting existing CCBHCs.


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    People

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    InterMed (ME) promotes Wai-Houng Leung to CIO.

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    Raintree Systems names Vu Nguyen (BARBRI Global) chief product officer.


    Announcements and Implementations

    Healthcare Outcome Performance Company, a value-based orthopedic care organization, will leverage Luna’s in-home physical therapy technology and services as part of its new HOPco at Home program. HOPco will also integrate Luna’s technology into its recently acquired MSK.ai musculoskeletal platform.


    Government and Politics

    AHRQ adds physician practice files to its Physician and Physician Practice Research Database, offering insight into physician practice characteristics at the state level. The database is intended to “address supply-side policy questions and to support policy-relevant health services research.”


    Other

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    The local paper digs into the factors influencing Maryland’s physician shortage and the resultant lack of timely, available appointments for patients. A few highlights:

    • Maryland ranks highest in the nation for ER wait times, no doubt due to an increasing number of patients using the ER in place of primary and urgent care.
    • Increased access to health coverage and health equity efforts have resulted in an increasing number of patients served by a decreasing number of clinicians.
    • Primary care physicians are in shorter supply due to burnout, retirement, high patient loads, increasing practice costs, and a lack of up-and-coming PCPs.
    • Nurses and nursing support staff are also part of the state’s healthcare labor shortage, a problem exacerbated by Maryland’s licensing bottleneck.

    Sponsor Updates

    • Nordic publishes a new episode of its In Network podcast.
    • Censinet and KLAS Research recognize Nordic for achieving and sustaining its KLAS Cybersecurity Transparent designation.

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    News 3/27/23

    March 27, 2023 News Comments Off on News 3/27/23

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    CVS Health is set to wrap up its acquisition of Signify Health later this week. Rumors of the deal first began to circulate last August, quickly followed by reports that Amazon was also interested in Signify, which provides analytics-enabled home healthcare services. Several weeks later, CVS formally announced its intent to acquire the company in a deal valued at $8 billion.

    CVS Health expects to close its $10.6 billion acquisition of primary care provider Oak Street Health later this year.


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    People

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    TigerConnect names Saurin Shah (Medallia) chief product officer and Scott Parsons (Pluralsight) chief sales officer. 


    Announcements and Implementations

    In Kansas, the Saline County Health Department will transition from paper-based documentation to Patagonia Health’s EHR.

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    New Mexico-based Satori Healing selects EHR software and RCM services from EClinicalWorks.


    Other

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    Walgreens pharmacies and VillageMD primary care practices launch a pilot program in Florida and Texas that will help coordinate medications for mutual patients after they’ve been discharged from the hospital. The medication reconciliation process will be initiated once VillageMD providers receive notification that their patients have been discharged, presumably through the provider’s proprietary DocOS platform.


    Sponsor Updates

    • Potomac Urology achieves growth with EClinicalWorks EHR and Healow patient engagement solutions.
    • Nordic releases a new episode of In Network’s Designing for Health podcast.

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    News 3/22/23

    March 22, 2023 News Comments Off on News 3/22/23

    Top News

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    Virtual women’s and family health provider Maven Clinic acquires London-based competitor Naytal for an undisclosed sum. Maven has raised $300 million since launching in, its most recent funding round a $90 million Series E last November. Founder and CEO Kate Ryder said at the time that, “We’re not putting this capital aside for a rainy day.”

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    Naytal founder and CEO Leila Thabet will join Maven as Regional Vice President, Global Growth and Partnerships.


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    Acquisitions, Funding, Business, and Stock

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    North Carolina-based Bionic Health will use $3 million in seed funding to further develop its membership-based “AI health clinic” for preventative care. Bionic offers lab and diagnostic testing, followed-up by AI-powered personalized insights based on those lab results and assessments. Co-founder Jared Pelo, MD developed “ambient documentation” company IScribes in 2016, which he then sold to Nuance in 2017. He became Nuance’s chief clinical product officer, overseeing its Dragon Ambient Experience app, and then jumped to a similar position at Microsoft when it acquired Nuance in early 2022. Nuance, meanwhile, will launch Dragon Ambient EXperience Express, which uses ChatGPT-4 to automatically generate clinical notes, this summer.


    People

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    Rectangle Health names Sid Singh (Equifax) CEO.

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    Robin Peloquin (Omni Interactions) joins Carenet Health as VP for training and development.


    Announcements and Implementations

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    First Step House selects Kipu Health’s EHR, RCM, and CRM software across its facilities in Utah and California.


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    News 3/20/23

    March 20, 2023 News Comments Off on News 3/20/23

    Top News

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    Allermi, a direct-to-consumer digital allergy care company, raises $3.5 million in seed funding. The startup plans to expand beyond the 28 states in which it is currently licensed.


    Webinars

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


    Acquisitions, Funding, Business, and Stock

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    Behavioral health IT vendor Infinity rebrands to SimiTree Behavioral Health. RCM, outsourcing, and professional services company SimiTree acquired Infinity last year.


    People

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    Hinge Health names James Budge (Automation Anywhere) CFO.

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    Practice Pro promotes Tim Moore to CEO. He replaces founder Sanjay Patel, who will become chief product officer.


    Announcements and Implementations

    Sleep Matters, a sleep disorders clinic in Tennessee, implements EClinicalWorks.


    Other

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    The New York Public Library will host free “Take Charge with MyChart” classes to help patrons learn how to find a new physician, access medical records and test results, schedule and/or attend a telemedicine appointment, and refill prescriptions using Mount Sinai’s Epic-powered MyChart software.

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    The Chicago Tribune profiles 88 year-old Glenn Bynum, MD a retired physician who has served as a ringside physician on the Golden Gloves boxing circuit for 55 years and counting. “Doc Bynum” has examined and cleared thousands of fighters over the years, including Floyd Mayweather Jr.


    Sponsor Updates

    • PerfectServe is accepting nominations for its Nurses of Note awards through April 14.

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