News 9/28/20

Top News

Online health and wellness company Hims considers going public through a merger with Oaktree Acquisition Corp. The blank-check company is looking to raise $75 million to fund the merger, which could give Hims a valuation of $1.6 billion.

Valued at $1.1 billion last year, Hims has raised nearly $200 million since launching in 2017. Its telemedicine and prescription delivery services have expanded beyond hair loss and erectile dysfunction to include urgent and mental healthcare.

Webinars

September 30 (Wednesday) 11 ET. “The Hidden Threat: New Research on Security Vulnerabilities and Privacy Gaps in Healthcare Apps.” Sponsors: Verimatrix, NowSecure. Presenters: Neal Michie, MEng, director of product management, Verimatrix; Brian Lawrence, direction of solution engineering, NowSecure. The presenters will present research on the security risk profile of 1,000 healthcare apps in managing patient privacy, how they compare to those in other industries, and where the biggest vulnerabilities lie. Attendees will learn how to make their healthcare apps more secure in managing protected health information.

Previous webinars are on our YouTube channel. Contact Lorre to present your own.

Acquisitions, Funding, Business, and Stock

Canadian health IT vendor CloudMD will acquire a majority stake in Lynchburg, VA-based EHR, practice management, and RCM vendor Benchmark Systems from AntWorks for $4.4 million, and will acquire mental health assessment and care coordination vendor Snapclarity for $2.5 million.

CareTrack raises seed funding to launch TeleCare, a telemedicine-based care coordination service designed for practices and their Medicare patients.

People

Matt Wanderer (Carie Health) joins Chalkboard Health as CEO. The portfolio company will soon launch °Fluent, which will offer cold and flu treatment via telemedicine and online pharmacy.

Therapy Brands names Dave Wirta (Community Brands) COO.

Announcements and Implementations

Walmart Health will open 22 clinics across Georgia, Florida, and Arkansas by the end of 2021, bringing its total to 35. Analysts foresee the retail chain poaching talent and patients away from traditional primary care practices, which charge, on average, more than double Walmart Health’s $40 fee.

Office Practicum adds telemedicine capabilities from Anytime Pediatrics to its EHR for pediatricians.

Clinicient integrates BetterPT’s virtual visit and online scheduling technology with its EHR for outpatient rehabilitation providers.

Government and Politics

The North Carolina Department of Health and Human Services rolls out the SlowCOVIDNC exposure notification app, built on technology developed by Apple and Google. Nine states have developed apps that use the same software, with seven more in development.

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Jenn, Mr. H, Lorre

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News 9/21/20

Top News

Athens Orthopedic Clinic (GA) will pay the HHS Office of Civil Rights $1.5 million to settle potential HIPAA violations related to a 2016 data breach by The Dark Overlord, who demanded $335,000 in exchange for destroying stolen copies of 200,000 patient records.

The hacker accessed AOC’s system for over a month using stolen SRS credentials.

The clinic refused to pay, as did other providers who were victims of the same extortion scheme, and later said it couldn’t afford to pay for free credit monitoring services for affected patients. (Mr. H pointed out at the time that the cost of credit monitoring service would have been cheaper than the hacker’s demand – an observation that now seems moot given the hefty HHS penalty.)

AOC’s negligence included failing to:

• Conduct risk analyses.
• Implement risk management and audit controls.
• Maintain HIPAA policies and procedures.
• Secure BAAs with multiple associates.
• Provide proper staff training.

HIStalk Practice Announcements and Requests

I’ll be heading into the North Georgia mountains this week to celebrate the start of fall, so HIStalk Practice won’t publish again until September 28. While I’m not as experienced a camper as Dr. Jayne, I have learned how to enjoy myself “roughing” it in the woods. And by that I mean power hook-ups, a heated bathhouse, and a cute general store with plenty of s’mores fixins’.

Webinars

September 30 (Wednesday) 11 ET. “The Hidden Threat: New Research on Security Vulnerabilities and Privacy Gaps in Healthcare Apps.” Sponsors: Verimatrix, NowSecure. Presenters: Neal Michie, MEng, director of product management, Verimatrix; Brian Lawrence, direction of solution engineering, NowSecure. The presenters will present research on the security risk profile of 1,000 healthcare apps in managing patient privacy, how they compare to those in other industries, and where the biggest vulnerabilities lie. Attendees will learn how to make their healthcare apps more secure in managing protected health information.

Previous webinars are on our YouTube channel. Contact Lorre to present your own.

Acquisitions, Funding, Business, and Stock

Conversion Labs wraps up an equity investment round of $3.5 million and announces plans to list on the Nasdaq. The  telemedicine and prescription delivery company offers direct-to-consumer services for hair loss, erectile dysfunction, and immune system support using its proprietary Veritas MD telemedicine software.

HealtheMed raises an undisclosed amount of seed capital to scale its remote patient monitoring technology for Medicaid patients in Minnesota. The company is partnering with Best Buy’s Geek Squad to install smart TVs, and medication dispensing devices. Patients and their providers will also have access to HealtheMed’s cloud-based EHR.

Announcements and Implementations

Health IT vendor MedInformatix announces GA of MI Contact, app-based CRM software designed to help practices manage contacts and marketing budgets, and generate leads.

In Oregon, Marion County Health & Human Services selects EnSoftek’s DrCloudEHR.

The Delaware Department of Health and Social Services leverages technology from Appriss Health to develop a behavioral health referral portal for people seeking treatment for mental health or substance use disorders.

Other

The American Board of Telehealth launches the Clinical, Operational, Regulatory and Ethics (CORE) Concepts in Telehealth Certificate Program. The online course offers CME-accredited content that is geared towards healthcare workers, students, administrators, and those involved in telemedicine.

Sponsor Updates

Blog Posts

• Is COVID-19 Content Leaving Entire Communities Behind? (Healthwise)

Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

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News 9/16/20

Top News

House call company Ready raises $54 million in a Series C funding round. The company provides on-demand, home-based care primarily to Medicaid and Medicare beneficiaries using EMTs, paramedics, and nurses who facilitate access to physicians via telemedicine.

The New Orleans-based company plans to expand into mental healthcare, point-of-care testing, and vaccinations.

HIStalk Practice Musings

Thanks to the readers who sent over revolutionary times literature suggestions. Shaun writes: “With everything going with today’s election, I recently read ‘Adams vs. Jefferson: The Tumultuous Election of 1800 (Pivotal Moments in American History),’ which made me feel better about today’s craziness. Both Jefferson and Adams passed away on July 4th, 1826, which is astounding.”

Mike says, “If you want some amazing but digestible stories of the founding fathers and beyond, I would recommend ‘To America: Personal Reflections of an Historian’ by Stephen Ambrose. My favorite history book of all time. Not founding fathers, but ‘The Wright Brothers’ by David McCullough is by far my favorite biography of all time.”

Please keep your literary suggestions coming – no matter the genre – via email.

Webinars

September 17 (Thursday) 1 ET. “ICD-10-CM 2021 Updates and Regulatory Readiness.“ Sponsor: Intelligent Medical Objects. Presenters: June Bronnert, MSHI, RHIA, VP of global clinical services, IMO; Theresa Rihanek, MHA, RHIA, mapping manager, IMO; Julie Glasgow, MD, clinical terminologist, IMO. IMO’s top coding professionals and thought leaders will review additions, deletions, and other revisions to the 2020 ICD-10-CM code set that will be critical in coding accurately for proper reimbursement.

Previous webinars are on our YouTube channel. Contact Lorre to present your own.

Acquisitions, Funding, Business, and Stock

White-label telemedicine vendor OnCall Health raises $6 million in a Series A round led by Base10 Partners. The Toronto-based company has raised $8 million since launching four years ago.

In other Canadian telemedicine news, Loblaw Companies takes a $57 million minority stake in telemedicine vendor Maple through its Shoppers Drug Mart business, which already offers the company’s virtual care service in 160 of its locations. Loblaw’s other businesses include EHR company QHR and telemedicine vendor Medeo.

Vancouver-based CloudMD acquires patient education and engagement company IMD Health Global. It will integrate IMD’s capabilities with its Juno EHR.

Announcements and Implementations

Golden State Urology (CA) implements ISalus Healthcare’s UroChoice EHR and practice management software.

Centene partners with the National Association of Community Health Centers to equip 200 FQHCs with Samsung smartphones for patients and tablets for physicians, as well as 90 days of free wireless service, for telemedicine services.

Greater Elgin Family Care Center (IL) adopts I2I’s population health management software.

Nuvance Health (CT) replaces its physician portal with an HIE portal through HealtheConnections.

GenieMD adds payment processing capabilities from Sphere to its virtual visit software.

Government and Politics

The HHS Office for Civil Rights announces that five healthcare organizations, including two smaller providers, will pay a combined $136,500 to settle allegations that they violated HIPAA by failing to provide patients with their medical records in a timely manner.

Other

Kaiser Permanente-backed healthcare training company Futuro Health and the California Primary Care Association will offer a free online course for healthcare workers interested in becoming certified telehealth coordinators. Hosted by the University of Delaware, the 15-week program will examine the practical, technical, and business aspects of telehealth that work-place coordinators may encounter.

Sponsor Updates

Blog Posts

• Digitize admin tasks to reduce staff burdens (AdvancedMD)
• Thank You to Our Healthcare Environmental Professionals (EClinicalWorks)

Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

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News 9/14/20

Top News

MDLive secures $75 million through a $50 million crossover equity investment from Sixth Street Growth and $25 million in debt expansion from other investors. It has raised nearly $175 million since launching in 2009.

The telemedicine company, which saw visits increase 95% in the first half of 2020, plans to launch an IPO early next year.

Webinars

September 17 (Thursday) 1 ET. “ICD-10-CM 2021 Updates and Regulatory Readiness.“ Sponsor: Intelligent Medical Objects. Presenters: June Bronnert, MSHI, RHIA, VP of global clinical services, IMO; Theresa Rihanek, MHA, RHIA, mapping manager, IMO; Julie Glasgow, MD, clinical terminologist, IMO. IMO’s top coding professionals and thought leaders will review additions, deletions, and other revisions to the 2020 ICD-10-CM code set that will be critical in coding accurately for proper reimbursement.

Previous webinars are on our YouTube channel. Contact Lorre to present your own.

People

Clinical decision support company EvidenceCare names Bo Bartholomew (Healthcare Value Analytics) CEO.

CloudMD hires Karen Adams (Optimize Care Solutions) as chief health innovation officer.

Announcements and Implementations

IntrinsiQ Specialty Solutions adds virtual visit capabilities to its UroChartEHR for urologists.

Government and Politics

In Health Affairs, CMS Administrator Seema Verma highlights 2019 Medicare Shared Savings Program ACO performance.

Like me, you may find former National Coordinator and current Aledade CEO Farzad Mostashari, MD’s tweet recap of the MSSP results an easier read.

Other

Primary care company Carbon Health establishes 100 pop-up COVID-19 testing clinics across 20 markets. The clinics will transition over the next several months to permanent primary care clinics offering virtual and in-person care. The California-based company has already launched an at-home test for the virus, as well as a return-to-work program for employers.

Splash Coworking adds telemedicine services from ISelectMD to its membership packages for coworking space in San Marcos, Texas.

The Good Clinic will open its first location in Minneapolis, serving residents of a multi-use residential complex with telemedicine services overseen by a nurse practitioner. The company’s leadership team, which plans to open more in-person and virtual clinics, includes several former Zipnosis executives, and several who helped scale and then sell the MinuteClinic chain to CVS.

Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

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News 9/9/20

Top News

Progressive Care acquires MyApps and its CallingDr white-label telemedicine service for $10.2 million. The acquisition will enable Progressive Care to accelerate software development for its ClearMetrX reporting and analytics subsidiary.

HIStalk Practice Musings

I hope everyone enjoyed the long holiday weekend. I spent a good bit of it curled up poolside with “Chesapeake” by James Michener. Its portrayal of the American Revolution in that part of the colonies has made me think I’d like to read the biographies of our founding fathers and presidents – ironic given that I tried to take a break from the news. I’d love emailed suggestions of biographies. AP US History seems like a lifetime ago …

I also found out this past weekend that Ken Follett’s prequel to his “Pillars of the Earth” series will soon be released. Retailers are already taking pre-orders.

HIStalk Practice Announcements and Requests

Thanks to EClinicalWorks for recently supporting HIStalk Practice. Click the logo for more information.

Webinars

September 17 (Thursday) 1 ET. “ICD-10-CM 2021 Updates and Regulatory Readiness.“ Sponsor: Intelligent Medical Objects. Presenters: June Bronnert, MSHI, RHIA, VP of global clinical services, IMO; Theresa Rihanek, MHA, RHIA, mapping manager, IMO; Julie Glasgow, MD, clinical terminologist, IMO. IMO’s top coding professionals and thought leaders will review additions, deletions, and other revisions to the 2020 ICD-10-CM code set that will be critical in coding accurately for proper reimbursement.

Previous webinars are on our YouTube channel. Contact Lorre to present your own.

People

Conifer Health Solutions promotes Mary Bacaj to president of its Value-Based Care business unit, which caters to ACOs, independent practice associations, health systems, and employers.

Announcements and Implementations

North Carolina-based Community Care Physician Network implements Phreesia’s automated registration, clinical, and communications software across its 930 locations.

Covenant Physician Partners (TN) selects Nextech’s IntelleChartPRO EHR and ambulatory surgery center technology for its network of ophthalmologists.

MTBC announces that patients can now access their talkEHR data through Apple’s Health Records app.

Women’s Health Connecticut implements software from Wildflower Health and Dorsata that combines patient intake and engagement capabilities with maternity management features that include decision support, documentation, order entry, and reporting.

Government and Politics

Kudos to Dr. Jayne for catching this ONC announcement about a funding opportunity for office-based physicians. Her summary: “ONC has opened a funding opportunity to ‘measure the use and impacts of health IT among a nationally representative sample of US office-based physicians’ as well as to ‘produce national-level data on interoperability among office-based physicians.’ Prospects have until September 11 to apply. The awardee will run a three-year program to gather ‘insights on the implementation and effects of federal health IT policies as well as identify disparities or unintended consequences resulting from their implementation.’ Funding is $290,000 for the first year with additional funds ‘subject to availability and progress made against the program.’ The program starts September 30, 2020, so it looks like ONC is ready to make a quick decision.”

Research and Innovation

The American Medical Group Association’s annual compensation and productivity survey finds that overall compensation increased by nearly 4% in 2019, and productivity by just over 0.5%.

An observational study conducted by researchers at George Mason University’s College of Health and Human Services reveals that independent, physician-owned practices adopt more quality improvement strategies than their hospital-owned and community clinic counterparts: “The independent practices focused more on patient care coordination (such as developing a care plan and managing medication) rather than organizational improvement strategies (such as optimizing teams or workflow). Community clinics appear to need additional time to implement QI activities, as they face greater financial challenges and often serve sicker patients.”

Sponsor Updates

Blog Posts

• Back to the Basics During the COVID-19 Era (EClinicalWorks)
• Health Literacy Lessons from COVID-19 (Healthwise)

Contacts

Jenn, Mr. H, Lorre

More news: HIStalk.

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