Health IT Business News – December 17, 2020

Collaboration News

Equality Health Partners with Commonwealth Primary Care ACO to Extend Value-Based Care Tools to Independent Physician Practices
Equality Health (@equalityhealth), a whole-health delivery system, announced that it has entered into a partnership with Commonwealth Primary Care ACO. The arrangement will provide Commonwealth’s independent physician practices with access to Equality Health’s bundled solution of technology, services, and support for managing its transition to value-based care. Further, it will expand Equality Health’s partnerships with high-performing, high-quality care providers and expand the opportunity to provide whole-person care for Medicare and Medicaid populations throughout Arizona.

Henry Ford Health System Partners with Acadia Healthcare to Build Progressive, Modernized Behavioral Health Facility
Henry Ford Health System (@henryfordnews) and Acadia Healthcare Company, Inc. announced that they have formed a joint venture to address the growing, unmet need for accessible, high-quality behavioral health services in Detroit and the surrounding counties.

THREAD Joins Leading Life Sciences Organizations to Advance Decentralized Clinical Research
THREAD (@THREADresearch), a technology and service provider that enables decentralized clinical research, joins a formidable alliance of 50 life sciences and healthcare organizations to accelerate the broad adoption of patient-focused decentralized clinical trials and research.

Parexel Joins Decentralized Trials & Research Alliance (DTRA) to Enhance Patient Access, Increase Diversity and Accelerate Trial Timelines
Parexel (@Parexel), a provider of solutions to accelerate the development and delivery of innovative therapies to improve world health, from clinical through commercialization, announced the company has joined the Decentralized Trials & Research Alliance (DTRA), a new alliance of 50 life sciences and healthcare organizations focused on expanding access to clinical trials by advancing policies, research practices and digital-health technologies in decentralized clinical trials (DCTs).

HGS AxisPoint Health And Parkland Community Health Plan Partner To Deliver Disease Management
Hinduja Global Solutions, announced that its subsidiary, HGS AxisPoint Health (@AxisPointHealth), has partnered with Parkland Community Health Plan (PCHP) to provide disease management services to approximately 195,000 Medicaid beneficiaries in a seven-county area in North Texas.

Product News

AVIA Releases Free Resource to Accelerate Digital Health Legal Contracting
AVIA (@HealthAVIA), a digital transformation partner for healthcare organizations, released a free resource to accelerate digital health solution legal contracting processes. Legal contracting is often a barrier to quickly implementing these solutions. Siloed departments with varied requirements and vetting processes get in the way of efficient procurement between hospitals and health systems and digital health solution companies.

Phynd Announces Provider Data Connect for Epic App Orchard
Phynd Technologies, Inc. (@PhyndTech), a provider of data management and provider search solutions, announced the release of Phynd Provider Data Connect, available immediately in the App Orchard. Provider Data Connect lets clients effortlessly enroll new providers using Phynd, in real-time, into their Epic provider data base.

Cerner Simplifies Ordering and Monitoring of Digital Health Solutions
Cerner Corporation (@Cerner) announced it’s building on the recent collaboration with Xealth to offer health systems new centralized digital ordering and monitoring for clients. These capabilities are designed to help health systems choose, manage and deploy digital tools and applications while offering clinicians access to remote monitoring and more direct engagement with patients. Phoenix-based Banner Health, one of the country’s largest nonprofit hospital systems, is one of the first Cerner clients to use the new capabilities to benefit its clinicians and patients.

Financial News

eVisit Closes $14 Million Series A Round Led by TVC Capital
eVisit (@evisit) announced that it has completed its $14 million Series A round led by TVC Capital, a software-focused growth equity fund, with participation from current investors Kickstart Seed Fund, University Growth Fund, and Jeremy Andrus.

eHealth Technologies Announces Expansion in Virginia
eHealth Technologies (@eHealthTec), a provider of medical record/image retrieval and clinical intelligence services, is excited to announce it will open a site in the State of Virginia in 2021. With this expansion, eHealth Technologies will hire 160 new employees over five years, diversifying its operations and strengthening customer support through replication of its network and redundancy of systems.

Curai Health Secures $27.5 Million In Series B Funding To Make Virtual Primary Care Accessible For Everyone
Curai Health (@curaihq), a virtual care company using AI to make high-touch, lower-cost primary care available to everyone, announced $27.5 million in Series B funding led by Morningside Ventures. The round, which was joined by existing investors General Catalyst and Khosla Ventures, brings its total funding to approximately $57 million.

Contract News:

Handelsman Family Practice Implements 2bPrecise™ Pharmacogenomics
Handelsman Family Practice, which provides care to patients in southeast Pittsburgh, has implemented the 2bPrecise (@2bPrecise) pharmacogenomics (PGx) solution. The solution makes patient genomic information available to providers at the point of care, so they can ensure medications they prescribe are safe for each individual and are the ones most likely to provide fast therapeutic benefit.

Hendrick Health Deploys 2bPrecise™ Precision Health™ Platform
Hendrick Health will deploy the 2bPrecise platform as the foundation for its precision medicine program. The initial focus will be in cancer care, where a significant volume of genomic testing is already being done, with enterprise-wide utilization to follow.

Making the Cut

Kyruus Named Winner of the Powerhouse Healthcare Company Category at New England Venture Capital Association’s 2020 NEVY Awards
Recently, in homes all over New England, the New England Venture Capital Association (NEVCA) honored the winners of its eighth annual NEVY Awards, recognizing and celebrating the top innovators, investors, and companies in the region. Kyruus (@kyruus) was proud to win the 2020 Powerhouse Healthcare Company Award in a highly competitive category that highlights the impressive growth of digital health companies in the New England region.

IDC MarketScape Names Arcadia A Leader In U.S. Population Health Analytics 2020 Vendor Assessment
Arcadia (@ArcadiaHealthIT), a population health management and healthcare data analytics company, announced that it has again been positioned in the Leader category in population health analytics in the IDC MarketScape: U.S. Population Health Analytics 2020 Vendor Assessment (IDC Doc# US46989820, November 2020). The IDC MarketScape evaluated Arcadia among other vendors, assessing the functionality and implementation of the HITRUST CST® ™ Arcadia Analytics platform. Arcadia was previously positioned in the Leaders category in both IDC MarketScape: U.S. Population Health Management 2019 Vendor Assessment (IDC #US44263219, October 2019) and IDC MarketScape: U.S. Population Health Analytics 2018 Vendor Assessment (IDC #US44375418, October 2018).

Availity Recognized as a Great Place to Work-Certified™ Company in 2020
Availity (@availity), a national real-time health information network, announced that it has earned the honor of becoming a Great Place to Work-Certified™ company, a distinction rooted in the tremendous talent, energy, and generosity of its associates.

eVisit Recognized in Gartner 2020 Market Guide for Virtual Care Solutions
eVisit (@evisit), a virtual care company, has been identified as a Representative Vendor in the Gartner 2020 Market Guide for Virtual Care Solutions report [1], published Oct. 26. This report is an important resource to help CIOs and healthcare leaders of large health systems develop their virtual care strategy and inform their procurement process and vendor selection for virtual care solutions.