News 3/3/25
Top News
Clearlake Capital acquires a majority stake in specialty-focused health IT vendor ModMed from Warburg Pincus in a deal that values the company at $5.3 billion.
Warburg Pincus first invested in ModMed eight years ago and considered selling its stake in 2022, the same year in which the vendor paid $45 million to settle a 2017 whistleblower lawsuit.
Sponsored Events and Resources
Live Webinar: March 4 (Tuesday) noon ET. “Securing a competitive edge in value-based care with AI: Data-driven strategies for enhancing returns across MA, ACO and Commercial programs.” Sponsors: Navina, AMGA. Presenters: Dana McCalley, MBA, VP of value-based care, Navina; Ron Rockwood, executive director of value-based care, Jefferson City Medical Group; Jonathan Meyers, CEO, Seldon Health Advisors. As value-based care models evolve, healthcare organizations must leverage AI to stay competitive and drive better financial and clinical outcomes. This webinar offers data-driven strategies for improving risk adjustment accuracy, optimizing risk stratification, and streamlining clinical and administrative workflows. You’ll walk away with proven techniques for measuring and quantifying the impact of your value-based care initiatives across your organization
Live Webinar: March 20 (Thursday) noon ET. “Enhancing Patient Experience: Digital Accessibility Legal Requirements in Healthcare.” Sponsor: TPGi. Presenters: Mark Miller, director of sales, TPGi; David Sloan, PhD, MSc, chief accessibility officer, TPGi; Kristina Launey, JD, labor and employment litigation and counseling partner, Seyfarth Shaw LLP. For patients with disabilities, inaccessible technology can mean the difference between timely, effective care and unmet healthcare needs. This could include accessible patient portals, telehealth services, and payment platforms. Despite a new presidential administration, requirements for Section 1557 of the Affordable Care Act (ACA) have not changed. While enforcement may unclear moving forward, healthcare organizations still have an obligation to their patients for digital accessibility. In our webinar session, TPGi’s accessibility experts and Seyfarth Shaw’s legal professionals will help you understand ACA Section 1557 requirements, its future under the Trump administration, and offer strategies to help you create inclusive experiences.
Contact Lorre to have your resource listed.
Acquisitions, Funding, Business, and Stock
Ambulatory health IT vendor CareCloud acquires MesaBilling as part of a renewed acquisition push.
Announcements and Implementations
First Choice Neurology will implement the AI-powered Healow Genie contact center solution from EClinicalWorks to improve patient access across its 63 locations in Florida.
Revella Health announces GA of Aria, new AI software that enables care-gap closure and risk adjustment in real time as a part of clinical workflows.
Western Lane Crisis Response (OR) and Crisis Alternative Response (CA) of Eureka select the InSync EHR from Qualifacts.
Other
This article looks at the precarious state of Vermont’s 11 FQHCs, which are running on a combined operating deficit of $8.5 million due in part to lower federal reimbursements, increased operating costs, and staffing shortages. To make ends meet, FQHCs like Community Health Centers forgo making repairs and purchasing new equipment and software, including an EHR that its staff are “desperate” for. Others have closed some locations or are looking into merging with other healthcare organizations.
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