Health IT Business News – August 14, 2017

West’s Health Advocate Solutions Introduces New Member Platform
West’s Health Advocate Solutions (@healthadvocate), a clinical health advocacy company, announced the latest update of its interactive online member engagement experience. The website and mobile app both enable members to access all of their Health Advocate services in one place, seamlessly connecting them to experts and resources to help them get the information and assistance they need to navigate the healthcare system, access care and improve their health. [tweet_dis excerpt=”Learn about @healthadvocate’s Member Engagement Platform and how they’re making #healthcare easier!”]Tweet This[/tweet_dis]

Linguamatics and RealHealthData Partner to Extract Real World Evidence from Patient Narratives
Natural Language Processing text analytics provider Linguamatics (@linguamatics), and RealHealthData, a narrative medical records database provider, recently announced their strategic partnership to combine Linguamatics’ advanced NLP technology with RealHealthData’s extensive database of detailed provider narratives, to improve the understanding of drug use, adverse events, and product switching in Real World settings. [tweet_dis excerpt=”RealHealthData & @linguamatics Partner to Extract #RealWorldEvidence from Patient Narratives #bigdata”]Tweet This[/tweet_dis]

Allscripts to acquire McKesson’s Enterprise Information Solutions business
Allscripts (@Allscripts), a global provider of healthcare technology, recently announced a definitive agreement to acquire McKesson Corporation’s hospital and health system IT business, Enterprise Information Solutions, for $185 million in cash, subject to adjustment for net debt and working capital. This strategic acquisition further advances Allscripts strategy to offer the most comprehensive, high performing health information technology and solutions

CynergisTek Reports Double Digit Client Base Growth in First Half of 2017
CynergisTek (@cynergistek), an Auxilio company and provider of healthcare cybersecurity, information privacy and compliance, announced it experienced unprecedented growth in the first half of 2017, with double digit net new client wins and expanded contracts. CynergisTek also expanded its service offerings over the past two quarters, with three new offerings unveiled, including Strategic & Remediation Services, HIPAA Research Program Assessment and Compliance Program Effectiveness Assessment services, in an effort to meet the increasing need for programs to support healthcare security, privacy and compliance.

Edifecs Updates Tennessee Medicaid Program with Payment Reform Solutions
Edifecs, Inc. (@Edifecs), a global health information technology solutions company, announced it has been selected by the Tennessee Medicaid Program to support the agency’s payment reform and clinical quality initiatives. One of the longest standing Medicaid managed care programs, TennCare provides healthcare for approximately 1.5 million Tennesseans, covering approximately 20 percent of the state’s population, 50 percent of the state’s births, and 50 percent of the state’s children.

ApolloMed Announces That It Has Taken A Minority Equity Stake And Board Seat In Telehealth Company LifeMD
Apollo Medical Holdings, Inc., an integrated population health management company delivering value-based care, announced that it has taken a minority equity stake and board seat in Florida-based telehealth company LifeMD (@lifemd). The Company will take a minority equity stake in LifeMD and Warren Hosseinion, M.D., Chief Executive Officer of ApolloMed, will take a seat on the LifeMD Board of Directors.

Zynx Health to Provide Evidence-based Clinical Content for Hexaware’s Population Health Management Platform
Zynx Health (@zynxhealth), a provider of evidence- and experience-based clinical improvement solutions, announced a strategic partnership with Hexaware, the fastest growing automation-led, next-generation provider of IT, BPO, and consulting services. Under the terms of the agreement, Zynx will deliver evidence-based content through an API that conforms to the HL7 FHIR standard, while Hexaware will integrate the content into its CarrotCube population health management platform.

Snapshot on Stocks

In this roller coaster ride of just what will happen when it comes to health care these days, how are the health IT stocks doing? We are not picking, just reporting.

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