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News 11/14/22

November 14, 2022 News No Comments

Top News

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Pediatric health IT company Connexin Software, parent company of the Office Practicum brand, notifies over 100 customers and their patients of a data breach in late August in which a hacker was able to access an offline patient data set used for data conversion and troubleshooting and remove some of that information from its internal network. Customer medical records, systems, and databases were not impacted, according to the company, though some PHI may have been compromised.


Webinars

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


HIStalk Practice Announcements and Requests

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Lorre has published a children’s book and will send a copy to anyone who donates $20 or more to the non-profit animal sanctuary where she volunteers. She is personally covering the printing and shipping costs, so the entire tax-deductible donation goes toward taking care of the animals.


Acquisitions, Funding, Business, and Stock

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Canadian Well Health Technologies reports record quarterly revenue for Q3 2022 of $146 million, driven in part by its US-based Circle Medical and Wisp virtual care businesses. The company wrapped up its acquisition of CloudMD’s Cloud Practice business, including its Juno EHR and Clinical Aid billing software plus three primary care clinics.

The US Patent Office awards ModMed a patent that the company says protects some of its core EHR functionality. The specialty-focused health IT vendor agreed earlier this month to pay $45 million to settle a 2017 whistleblower lawsuit that claimed the company falsely attested that its EHR met Meaningful Use criteria, ignored patient-endangering software defects, illegally paid kickbacks, and sold systems to providers who were promised increased revenue through upcoding.

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Maven Clinic raises $90 million in a Series E funding round, bringing the women’s and family tech-enabled care company’s total raised to $300 million.


People

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Canvas Medical names JP Patil (Included Health) chief product officer.


Announcements and Implementations

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Behavioral health EHR vendor Valant announces GA of its MYIO patient engagement app, which includes EHR-integrated intake and telemedicine capabilities.

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The Vermont Department of Health will incorporate VisualDX’s clinical decision support system with its Clinical Support Initiative, designed to give physicians easy access to clinical images, potential diagnoses, and treatment plans.


Government and Politics

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Ananthakumar Thillainathan, MD pleads guilty to healthcare fraud and illegal kickback offenses he committed through his MDCareNow practice in Connecticut. Thillainathan submitted nearly $900,000 in fraudulent claims for unnecessary psychotherapy services that weren’t needed or provided. He also admitted to paying a patient recruitment company over $1 million to transport over $1,000 Medicaid patients to his practice.

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The VA opens its first telehealth station in Hawaii in an effort to help vets access care.


Sponsor Updates

  • Nordic publishes a new infographic, “Consolidating an ERP: 9 steps for a smoother, more efficient transition.”
  • Nordic publishes a new episode of its monthly DocTalk series titled “Healthcare’s labor pains.”

Blog Posts


Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

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News 11/9/22

November 9, 2022 News No Comments

Top News

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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.


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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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.

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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

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AbsoluteCare (MD) will implement ZeOmega’s Jiva care management, utilization management, and clinical assessment support technology.

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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.


Other

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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.


Sponsor Updates

  • Nordic posts a video titled “The Download: Optimizing Performance to Address Labor Shortages.”

Blog Posts


Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

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News 11/7/22

November 7, 2022 News No Comments

Top News

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Primary care company VillageMD will acquire provider Summit Health for $9 billion.

Walgreens owns a majority stake in VillageMD, having invested over $5.2 billion in the company last year to co-locate its clinics with its retail pharmacies.

Once the deal is done, VillageMD, which merged with urgent care provider CityMD in 2019, will operate nearly 700 primary, specialty, and urgent care facilities in 26 markets.


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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Hybrid musculoskeletal care company Limber Health raises $11 million in a Series A funding round. A randomized control trial conducted at Mayo Clinic in 2020 found that patients with knee pain who used Limber’s digital exercise therapy app had superior functional and pain improvement compared to those who had in-person physical therapy.

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Eye care management and adherence software vendor Lumata Health raises $4 million in a Series A funding round.


People

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Faiza Hughell (RingCentral) joins Tebra, the umbrella brand of Kareo and PatientPop, as chief revenue officer.

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UpHealth names Melissa Frieswick (Total Brain) chief growth officer.


Announcements and Implementations

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Kansas-based community health center CareArc goes live on Epic.


Other

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DirectTrust reports that 208 million Direct Secure messages have been sent and received over the course of Q3 2022 – a 9% increase over the same period last year. Consumers and healthcare organizations engaged in Direct messaging and active DirectTrust addresses all experienced Q3 decreases, which the organization attributes to data quality improvement efforts and healthcare mergers and acquisitions.


Sponsor Updates

Blog Posts


Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

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News 10/26/22

October 26, 2022 News No Comments

Top News

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Motto launches to offer people with auto-immune conditions access to virtual rheumatology care, lifestyle coaching, and symptom tracking and condition management. The company was born out of healthcare startup development company Redesign Health, which, in other news, laid off 20% of its staff earlier this month as part of corporate restructuring.


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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Robin Healthcare secures a $17 million loan from Horizon Technology Finance. Its Robin Assistant virtual scribe technology is geared towards orthopedic practices. The company has raised $15 million since launching four years ago.

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JPMorgan Chase partners with Central Ohio Primary Care and Vera Whole Health to open five primary care clinics for Columbus employees enrolled in its health plan. In addition to its clinical partners, JPMorgan Chase is leveraging the expertise of Morgan Health, its new business unit focused on improving all aspects of employee care. (It will likely also pull from lessons learned during its short-lived Haven days.)


People

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Aledade names Ritwik Tewari (Meta) CTO.


Other

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A $10,563.49 ER bill for the treatment of her husband’s broken arm prompts Sunita Kalsariya, office manager of his medical practice, to do some digging into its specific charges. A year later, his bill had been sent to collections, she’d contacted the state attorney general, and found that the hospital charged $7,000 for a procedure that had never been performed. After much back and forth – including mailing a notarized request for medical records because the hospital wouldn’t accept it via fax or email – the couple wound up paying the after-insurance balance of $1,214.91.


Sponsor Updates

  • EClinicalWorks publishes a new customer success story showcasing how its AI-based Scribe dictation technology has helped Open Door Family Medical Center combat pandemic challenges and reduce physician burnout.

Blog Posts


Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

Get HIStalk Practice updates.
Contact us online.
Become a sponsor.

News 10/24/22

October 24, 2022 News No Comments

Top News

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Practice management company Unified Women’s Healthcare will acquire Gennev, a digital care company for menopausal women.


Webinars

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

Here’s the recording of last week’s webinar, sponsored by Mend, titled “Patient Payment Trends 2022 Learn All The Secrets.”


Acquisitions, Funding, Business, and Stock

Value-based care optimization company Navvis merges with St. Louis-based independent physician group Esse Health to form Surround Care. Navvis Chairman and CEO Mike Farris will serve the new company in similar, additional roles.

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Telemedicine company Antidote Health will reportedly lay off 23 employees within R&D at its office in Israel as it attempts to “streamline, and preserve its cash” in the face of uncertain financial markets. The startup markets virtual primary, urgent, and mental healthcare to consumers in 20 US states. It has raised over nearly $45 million since launching last year.

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Point-of-care digital patient education company CheckedUp acquires competitor Health Media Network for an undisclosed sum.


People

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Jamie Hall (Transcarent) joins virtual primary care vendor CirrusMD as CEO.


Other

Main Line Women’s Healthcare in Philadelphia notifies 804 patients of a data breach that occurred when an employee took pictures of patient medical charts using a personal cell phone. The employee, who may face criminal charges, has been fired.

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An eye doctor in California removes 23 disposable contact lenses from a patient’s eye after she came in complaining of blurry vision.


Sponsor Updates

  • Nordic Consulting is recognized with best employer awards from Comparably and Madison Magazine.

Blog Posts


Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

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