Health IT Business News – December 3, 2020

Collaboration News

CCT Research Expands Clinical Trial Capabilities to Salt Lake City
CCT Research, a community-based, embedded clinical research company, announced the expansion of its clinical trial operations to the Salt Lake City metropolitan area. CCT will partner with Olympus Family Medicine, Ogden Clinic and Springville Dermatology, increasing CCT’s total site network to 17 locations nationwide.

Summit Healthcare Partners with NextGate to Offer Cutting-Edge EMPI Solution
Summit Healthcare (@SummitHCare), a healthcare system integration and automation solutions company, has announced a new strategic partnership with NextGate to expand its integration capabilities with real-time patient identification across its network of hospital systems.

Lake of the Woods District Hospital Prepares for Future Smart Hospital with Vocera Solutions
Vocera Communications, Inc. (@voceracomm), a provider of clinical communication and workflow solutions, announced that Lake of the Woods District Hospital (LWDH) in Kenora, Ontario is deploying intelligent communication solutions from Vocera to help protect and connect care teams now and beyond COVID-19. LWDH is in the midst of redevelopment (the All Nations Hospital Project) with planning partner Kenora Chiefs Advisory, which will serve residents of Kenora and a large surrounding area that includes several First Nations communities. This new hospital will be built on a strong digital foundation.

Product News

Patients Recovering at Home Stay Connected to Care Teams Using New Alexa Skill, Emmi Care Plan
To keep health consumers engaged with their providers while recovering at home, Wolters Kluwer Health (@Wolters_Kluwer) is launching Emmi® Care Plan, a new Alexa healthcare skill that restores the patient-provider dialogue after discharge simply by using the voice service.

Top-Rated E-Prescribing App Achieves 100% Year-Over-Year Growth, Doubles User Count, Becoming an Essential Tool for Medical Professionals During the Pandemic
Healthcare technology pioneer DrFirst (@DrFirst) announced the continued momentum and exceptional growth of iPrescribe, its top-rated mobile e-prescribing app that lets healthcare providers safely and securely prescribe any drug from any location, with just a few taps on a smartphone.

Neuroglee Therapeutics to Attack Alzheimer’s Disease Through Personalized AI-Powered Digital Therapeutics
Neuroglee Therapeutics (@neuroglee), which builds personalized evidence-based prescription digital therapeutics for neurodegenerative diseases, has announced its company launch with $2.3 million in pre-seed funding. Neuroglee’s technology leverages artificial intelligence (AI), machine learning and novel digital biomarkers with the goal of slowing the progression of neurogenerative diseases—starting with Alzheimer’s disease.

Biofourmis Announces National Rollout of the Biovitals® Hospital@Home™ Platform to Help Deliver Hospital-Level Care in the Home Aligned with New CMS Program
Biofourmis (@biofourmis), a Boston-based global leader in digital therapeutics and virtual care that powers personalized predictive care, announces the national rollout of Biovitals® Hospital@HomeTM—an artificial intelligence-based, turnkey technology platform that enables hospitals and health systems to quickly deploy a “hospital at home” program.

Financial News

Equality Health Expands Value-based Care Model into Texas
Having demonstrated material impact in its first 3 years of operation, Equality Health (@equalityhealth), a comprehensive value-based care delivery system, announced that it is expanding its operations into Texas, partnering with health plans and primary care providers to enable improved cost and quality performance in value-based contracts. Equality Health has contracted with healthcare organizations across the state of Texas, with its initial efforts focused in Houston, El Paso and the Rio Grande Valley.

Spring Health raises $76 million in Series B financing
Spring Health (@spring_health) announces the closing of a $76 million Series B, led by worldwide investment firm Tiger Global! Spring Health’s remarkable fundraising success comes at a time when investments in women-led companies are expected to be the worst since 2017, according to financial data company PitchBook. Only 5% of female entrepreneurs raise Series B financings.

Upfront Healthcare Raises $11.5 Million in Series B Funding Round Led by Baird Capital and Co-Led by LRVHealth
Upfront Healthcare, an omnichannel communication and patient engagement platform, raised $11.5 million in a Series B funding round, led by new investor Baird Capital and co-led by existing investor LRVHealth, along with participation from series A investors Echo Health Ventures, Nashville Capital Network, Hyde Park Ventures and Martin Ventures. Upfront has received $21.5 million in financing to date.

AccuReg Secures Debt Financing and Buys Out Minority Partner
AccuReg (@AccuRegSoftware), a healthcare technology solutions company offering a full suite of front-end revenue cycle management solutions for health systems and hospitals, secured debt financing from Elm Park Capital Management, a Dallas-based private investment firm that invests in middle market companies. The terms of the deal were not disclosed.

Imprivata Acquires FairWarning to Expand Digital Identity Platform
Imprivata® (@Imprivata), the digital identity company for healthcare, announced the acquisition of FairWarning Technologies, LLC, the leading provider of patient privacy intelligence. The combination of Imprivata and FairWarning solutions provide customers with a single Digital Identity platform that integrates role-based access controls, robust identity governance, and critical data privacy compliance.

Contract News:

Mosaic Selects Syntellis’ Axiom Financial Planning and Analysis Solution for Fastest Path to Scalability and Agility Needed to Support Rapid Growth
Mosaic announced plans to adopt Syntellis Performance Solutions’ (@Syntellis) award-winning Axiom software platform for financial planning and analysis (FP&A) to improve budgeting, financial reporting and analysis, productivity reporting, forecasting and long-range planning. Mosaic is a rapidly growing, faith-based organization providing personalized services that empower people with diverse needs across 10 states.

AdventHealth Selects 4medica as Single Source Interoperability Partner to Route Lab and Radiology Data for Hospitals and Outreach Clinics
4medica® (@4medica), a 23-year trusted hospital, lab and physician connectivity network leader, announced that AdventHealth, one of the nation’s largest faith-based health systems, has selected the company as its single source interoperability partner for routing lab and radiology data to its national network of care sites. AdventHealth facilities will rely on 4medica to deliver the clinical data to primary care physicians and specialists at community practices to inform care decisions ─ and especially in a time when COVID-19 cases are surging nationwide.

Making the Cut

The Boston Globe Names Kyruus a Top Place to Work for 2020
Kyruus (@kyruus) has been named one of the Top Places to Work in Massachusetts in the 13th annual employee-based survey project from The Boston Globe. The Top Places to Work 2020 issue was published online at on the night of November 19th and will be in Globe Magazine on November 22nd.