Health IT Business News – August 20, 2020

Collaboration News

Quality Reviews and SPH Analytics Partner to Offer One Integrated Platform for Real-time Patient Experience and Hospital CAHPS Feedback
Quality Reviews, Inc., a real-time patient feedback company, announced a partnership with SPH Analytics (@SPHAnalytics), the leader in healthcare quality and experience analytics, to give health systems the ability to track and analyze patient experience on a real-time, digital platform while also fulfilling their CMS-mandated Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) and other provider CAHPS survey obligations.

Lyniate and PatientPing Form Strategic Partnership to Ensure Compliance with the CMS E-Notifications Requirements
Lyniate (@lyniate), a healthcare data interoperability company, announced a partnership with PatientPing, a national comprehensive care collaboration platform, to develop a connector solution that provides the IT infrastructure necessary to support seamless integration of e-notification data for admissions, discharges, and transfers (ADT). This partnership is part of Lyniate’s ongoing efforts to reach true interoperability across the healthcare continuum by collaborating via its Co-Creation Lab with other healthcare technology leaders.

IHIN Partners with Appriss Health to Improve Public Health by Monitoring Prescriptions and Preventing Substance Use Disorder
The Iowa Health Information Network (IHIN), the state’s official health information exchange (HIE), has partnered with Appriss Health (@apprisshealth), provider of a platform for opioid stewardship and substance use disorder (SUD) in the U.S., to provide state prescription drug monitoring program (PDMP) connectivity and information to Iowa physicians and pharmacists. This partnership will help clinicians identify, manage and prevent prescription drug misuse, abuse and diversion.

OpenBeds Partners with the Alaska Department of Health and Social Services to Launch the Alaska Behavioral Health Referral Network and Treatment Connection
OpenBeds (@openbeds), an Appriss Health company providing technology that identifies, unifies and tracks behavioral health resources to facilitate rapid digital treatment referrals, announced it has partnered with the Alaska Department of Health and Social Services Division of Behavioral Health to launch the Alaska Behavioral Health Referral Network. The Alaska Behavioral Health Referral Network fosters collaboration between healthcare providers with available inpatient and outpatient behavioral health services to improve patient access to treatment for crisis, substance use disorder (SUD) and mental health.

Rethink Partners with K1 to Accelerate Growth and Acquire Market Leading Telehealth Solution
Rethink First, a provider of cloud-based software solutions, assessments, and clinical best practice content for supporting individuals with autism and other developmental disabilities, announced it has received a strategic investment from K1 Investment Management, LLC, an investment firm focusing on high-growth enterprise software companies. The investment will allow Rethink to continue to rapidly scale its operations in the behavioral health, managed care, education and employer markets, and will help the company add complementary offerings and technologies by leveraging K1’s dedicated operations team and direct sourcing capabilities.

Digisonics Partners with Pie Medical Imaging to Deliver Comprehensive Cardiac Cath, MR and CT Image Analysis and Reporting Solutions
Digisonics (@digisonics), a provider of cardiovascular information system solutions (CVIS), is proud to announce a partnership with Pie Medical Imaging to provide a comprehensive solution for image analysis and structured reporting of cardiac cath, MR and CT studies.

Product News

VirtualHealth Achieves HITRUST CSF® Certification to Manage Risk, Improve Security Posture, and Meet Compliance Requirements
VirtualHealth (@virtualhealth_), a provider of cloud-based care management solutions, announced that its flagship HELIOS platform and all supporting infrastructure has earned Certified status for information security by HITRUST®.

Epion Health Launches Integrated Telehealth Solution
Epion Health (@EpionHealth), a digital patient engagement solutions company, announces the widespread availability of its telehealth solution for mobile and desktop virtual care delivery. After a successful beta, the HIPAA-compliant telehealth solution seamlessly integrates with Epion Digital Check-In, provider EHR schedules and existing workflows to create an intuitive, easy-to-use virtual experience for patients and providers. Epion Telehealth effectively eliminates adoption barriers, drives utilization and increases patient satisfaction.

Financial News

Vocera Acquires EASE to Improve the Healthcare Experience for Patients and Families
Vocera Communications, Inc. (@voceracomm), a clinical communication and workflow solutions company, announced that it has acquired EASE Applications (EASE), based in Orlando, FL. EASE offers a cloud-based communication platform and mobile application built to improve the patient experience by enabling friends and family members to receive timely updates about the progress of their loved one in the hospital. The EASE app enables nurses and other care team members to send HIPAA-compliant texts, photos, and video updates to patients’ loved ones, putting them at ease and saving valuable time.

THREAD Accelerates Expansion to Advance Global Decentralized Clinical Trials
THREAD (@THREADresearch), an innovative technology and service provider that enables decentralized clinical research, announced that it’s accelerating the company’s expansion after receiving an additional capital commitment of up to $50 million from strategic health care investors, Water Street Healthcare Partners and JLL Partners. The company’s latest capital infusion builds on a year of significant growth and investments in its platform and services to advance decentralized research approaches for large-scale, Phase Ib – IV global clinical trials.

Bridge Connector Raises $25.5 Million in Series B Funding to Advance Interoperability Layer for Health Care
Bridge Connector (@BridgeConnectUS), an interoperability company changing the way health care communicates, announced it has raised $25.5 million in Series B financing. The latest round, led by Axioma Ventures, was joined by all existing investors, including veteran investor Jeff Vinick, and brings Bridge Connector’s total funding to over $45 million. After achieving over 1000% year-over-year growth in 2019, the investment will further support the company’s increasing market share in health care interoperability and growth of Destinations, a new integration-platform-as-a-service (iPaaS) that connects health data systems using use-case-based interoperability blueprints to speed integrations with major vendors.

T2 Tech Group Expands Service Offerings with Acquisition of Remote Patient Scheduling Service from Revint Solutions
T2 Tech Group (@T2TechGroup), an IT consulting, advisory and project management services provider, has just closed on the acquisition of the patient access and scheduling services division from Revint Solutions, the nation’s market leader in revenue integrity and recovery services for hospitals and health systems. The acquisition allows T2 Tech Group to implement a comprehensive solution, T2 Flex Force, LLC, that brings cutting-edge virtual workforce technology to hospitals and healthcare systems to further increase efficiencies in delivering exemplary patient experiences during the patient access and appointment scheduling process.

Eden Health Brings Total Funding to $39M with $25M Series B Raise; Delivers On-Site and Virtual Healthcare to Employers
National medical practice Eden Health announced that it has raised $25 million in Series B funding, led by Flare Capital Partners with participation from principals from Stone Point Capital, a private equity firm that focuses on the financial services industry including the HR benefits, insurance and real estate sectors.

Healics Transfers Company Ownership to Employees
Healics is excited to announce it has become a 100% employee-owned ESOP company. Becoming an ESOP allows Healics to reward each of its employees with company stock as part of their retirement benefit plan in addition to the company’s existing 401(k) plan.

Patient Square Capital Formed To Become The Premier, Dedicated Health Care Investment Firm
Jim Momtazee announced the launch of Patient Square Capital, a partnership being purpose-built to become the preeminent investment firm in health care. Patient Square will partner with best-in-class management teams whose products, services, and technologies improve health. The Patient Square team has a shared vision to create an investment firm capable of managing large pools of capital and with the expertise to meet the considerable and critical needs of the health care world.

Medtronic to Acquire Smart Insulin Pen Company Companion Medical
Medtronic (@Medtronic), the global leader in medical technology, announced the planned acquisition of privately-held Companion Medical, manufacturer of InPen — the only U.S. FDA-cleared smart insulin pen system paired with an integrated diabetes management app on the market. The addition of Companion Medical’s InPen to the Medtronic portfolio expands the company’s ability to serve people where they are in their diabetes journey and offer them a unique and expansive ecosystem of support — regardless of how insulin is delivered.

Making the Cut

Clients Rate Syntellis’ Axiom Enterprise Performance Management Solution ‘Excellent’ in BPM Partners’ 2020 Vendor Landscape Matrix
Syntellis Performance Solutions (@Syntellis), a provider of enterprise performance management (EPM) software, data, and analytics solutions, announced that clients gave its Axiom suite of EPM software for healthcare, financial services and higher education organizations high scores across multiple categories in BPM Partners’ 2020 Vendor Landscape Matrix. Additionally, its Axiom Contract Management solution has been identified as the top-ranked solution in Black Book Market Research’s annual report on client satisfaction and vendor performance for the second consecutive year.