Health IT Business News – April 16, 2019

Collaboration News

Sleep Health MD Integrates Rhinogram Telehealth Platform with Electronic Health Record System
Rhinogram (@rhinogram), a provider of cloud-based, HIPAA-compliant, telehealth solutions, announced the seamless integration of their telehealth solution with Sleep Health MD’s electronic health record (EHR). Through the Rhinogram text-based platform, the California-based sleep therapy specialists communicate with patients in real-time, giving the practice the ability to better engage with patients while improving the communications workflow of its staff.

Imprivata and Verato Partner to Offer an Integrated Architecture for Patient Identity
Imprivata (@Imprivata), a healthcare IT security company, and Verato®, a provider of patient identity matching solutions, announced a partnership to provide a new approach to solving the challenges of patient identity for the nation’s largest and most complex healthcare organizations. The partnership combines the best of modern patient matching technologies – namely biometric and referential matching – in order to provide customers with unprecedented accuracy.

EZClaim Partners with Alpha II to Offer ClaimStaker™ Clinical Claim and Encounter Scrubbing Solution
Alpha II, LLC (@Alpha_II), a developer of software-as-a-service (SaaS) solutions that support healthcare reimbursement, announced a collaboration with EZClaim, a developer of medical billing and scheduling software. Through the terms of the agreement, more than 4,500 EZClaim customers will have access to Alpha II’s ClaimStaker™ clinical claim and encounter scrubbing solution.

Carisk Partners with Valera Health to Enhance Personalized Patient Engagement, Advance Care Coordination
Carisk Partners (@CariskPartners), a specialty risk transfer and care coordination company, and Valera Health, a digital health startup, have partnered to deliver an intuitive behavioral healthcare experience for patients. Valera Health leverages analytics and mobile tools that monitor, engage, and connect patients with care coordination teams. Carisk plans to utilize the Valera technology to provide its care coordination teams with tools to optimize care management.

AdventHealth Partners with par8o to Enhance Care Coordination, Consumer Experience
par8o (@par8o), a physician referral management solutions company, and AdventHealth, one of the nation’s largest faith-based health care systems, are announcing the launch of the par8o platform to create better care coordination and enhance the consumer experience through more effective referral management across the health system’s network of care.

McKesson Announces Move to Google Cloud
McKesson Corporation (@mckesson) announced a technology collaboration with Google Cloud that will advance the development of next-generation applications and products, machine learning and artificial intelligence (AI) technologies, and enhanced analytics in support of the company’s strategic growth initiative to transform care delivery and drive profit.

Financial News

Core Solutions Reveals Revitalized Brand Identity at NatCon 2019
Core Solutions, Inc. (@CoreCx360), an electronic health records vendor for the behavioral health and human services industry, will reveal a new corporate brand identity at NatCon 2019, to be held March 25-27 in Nashville, Tennessee. The new brand centers on the real challenges with EHRs for complex care communities and features a new mission statement and visual identity.

Cerner Announces Agreement with Starboard Value Regarding Board Refreshment, Operational Improvement Initiatives and Expanded Capital Return Program to Drive Next Phase of Profitable Growth and Value Creation
Cerner Corporation (@cerner) announced that the Company has entered into a cooperation agreement (the “Cooperation Agreement”) with Starboard Value LP (together with certain of its affiliates, “Starboard”). The Cooperation Agreement includes a Board refreshment plan, operational improvement initiatives, commitments for operating margin targets, a new Finance and Strategy Committee of the Board and an expanded capital return program to drive the next phase of profitable growth and value creation.

Diameter Health Announces $9.6 Million in Series A-1 Funding Round
Diameter Health (@diameterhealth), a clinical data integration company, announced a $9.6 million Series A-1 funding round. The investment is led by new investor Optum Ventures, the independent venture fund of Optum. Optum Ventures joins existing Diameter Health investors Activate Venture Partners, Connecticut Innovations, Excelerate Health Ventures and LRV Health.

Ontellus Acquires B2B Health Information Exchange ChartSwap
Ontellus (@OntellusInsight), a nationwide full-service procurer of medical, billing, employment records and other claims related data services, announced that it has acquired ChartSwap, a business to business (B2B) Health Information Exchange connecting a network of records providers with requestors.

Recondo Technology Accelerating Momentum in Healthcare Revenue Cycle
Due to accelerated market expansion of intelligent automation that replaces expensive, manual communication between hospitals and payers, Recondo Technology (@recondotech) announced it has achieved record bookings and growth in the first quarter of 2019. Breaking previous records for contracted monthly recurring revenue (CMRR), the company achieved a 120 percent increase in first quarter bookings in 2019 as compared the same quarter of the previous year. Overall, the company is reporting 35 percent compounded annual growth over the last three years.

NTT DATA Services to Acquire State Healthcare Consulting Practice from Cognosante
NTT DATA Services, a global technology services company, announced it has acquired Cognosante Consulting, LLC, the consulting division of Cognosante, a leader in health information technology solutions and services for federal and state health agencies.

Contract News

Signature Healthcare Signs to Implement MEDITECH Expanse
Signature Healthcare recently signed to implement the integrated web-based Enterprise Health Record (EHR), MEDITECH Expanse (@MEDITECH), across its acute care and ambulatory settings, including the organization’s physician practice group, Signature Medical Group. The organization saw integration and ROI as key drivers toward their decision.