Health IT Business News – February 13, 2020

Collaboration News

Medicomp Systems and emtelligent Form Partnership to Empower Clinicians at the Point of Care
Medicomp Systems (@MedicompSys), a provider of clinician-driven, point-of-care solutions that fix electronic health records (EHRs), and emtelligent™, a company structuring clinical text, announced a strategic partnership to co-develop new solutions that will support efficient clinical workflows and improve usability.

Sutter Health and Lyft Collaborate to Provide Patients and Staff With Improved Transportation Options
Lyft, the transportation network company, and the not-for-profit network Sutter Health (@SutterHealth) are collaborating on an opportunity to help support patient and staff transportation needs. Starting today, Sutter hospitals and care centers around Northern California will have the option to start implementing customized, individual transportation programs — an important next step in simplifying access to care.

Allscripts Partners With Myndyou to Triage High-risk Patients
MyndYou Inc. announced that they have partnered with Allscripts to make the MyndYou triaging and care management solution available to Allscripts clients, reducing the risk of hospitalization for patients worldwide. This partnership will enable the passive monitoring of cognitive change as a proxy for identifying health risks among patients in their home settings and proactively intervene to help prevent hospitalization.

Biofourmis Partners with ImagineMIC to Pioneer Collaborative Remote Patient Monitoring Model
Biofourmis (@biofourmis), a company in digital therapeutics that powers personally predictive care, and ImagineMIC™ announced a partnership agreement today to drive improved outcomes and lower healthcare costs for patients with chronic conditions. ImagineMIC™ is a revolutionary medical device company that delivers chronic care management through remote monitoring services and HIPAA-compliant technology.

CareMount Health Solutions and Nuvance Health collaborate to expand population health management services in New York
With the goals of improving healthcare quality and community wellness while reducing costs, the NY affiliate of Nuvance Health, a healthcare system with seven hospitals in New York and western Connecticut, and CareMount Medical (@caremountmed), PC, the largest independent multi-specialty medical group in New York State with more than 650 providers and over 45 locations throughout the Hudson Valley and New York City, have collaborated in the New York market on a number of population health-based initiatives.

TransformativeMed Partners with UAB Health System to Streamline Clinical Workflows and Prevent Clinician Burnout
TransformativeMed (@Tx4Med) announced a partnership with University of Alabama at Birmingham (UAB) Health System to improve clinical workflow efficiency, support high-quality patient care and increase provider satisfaction to reduce the risk of burnout.

Product News

Life Image Announces Network Build™ Enterprise Solution to Help Healthcare Organizations Establish Their Own Network Connections to Coordinate Care and Innovate
Life Image (@lifeimageinc), a medical evidence network for clinical and imaging data, announced a new enterprise solution to help healthcare companies establish large scale, imaging- and data-intensive networks to coordinate and deliver care, collaborate and innovate. Network Build™ was designed to meet the growing market need to establish clinical networks and effectively manage the movement of advanced data, including medical images, as technology gets more complex, the industry moves toward value-based care, and medical data explodes in volume and complexity. Network Build™ was also designed to help the industry meet recent regulatory requirements promoting the use of common standards to achieve greater interoperability.

Financial News

HCA Healthcare Acquires Technology and Analytics Company Valify
HCA Healthcare, one of the nation’s leading healthcare providers, announced it has acquired Valify, a technology company focused on helping clients reduce the overall cost of healthcare services.

Apple Stole Tech for Watch, Masimo Claims in Patent Suit
According to Bloomberg Technology Apple Inc. is accused of stealing trade secrets and improperly using Masimo Corp. inventions related to health monitoring in its Apple Watch.

TIF Commission rejects Cerner bid to shed retail land, keep incentive
According to the Kansas City Business Journal. a request by Cerner Corp. to sell off a portion of its Innovations Campus bookmarked for retail and mixed-use has been retracted after the massive health care software company couldn’t come to an agreement with the Tax Increment Financing Commission of Kansas City.

CareBridge Launches to Improve Care for Individuals Receiving Long-Term Support Services
A leading team of healthcare service and technology operators announced the launch of CareBridge, a new company aimed at improving care for individuals receiving long-term support services (LTSS). CareBridge was formed in part through the acquisition of HealthStar and Sinq Technologies, two companies that provide LTSS-related technology solutions. CareBridge is backed by more than $40 million in funding led by Oak HC/FT, with participation from GV and several other strategic investors.

GAO Denies Protest of Nuance over Cerner VA Contract
Government Accountability Office rejected Nuance Communications’ protest of the Department of Veterans Affair’s contract with Cerner, Nuance claimed the clinical documentation improvement task order included in the $10 billion contract should have been bid out separately.

Philips to review options for its Domestic Appliances business
Royal Philips (@PhilipsPR), a global leader in health technology, announced that it will review options for future ownership of its Domestic Appliances business. Philips will start the process of creating a separate legal structure for this business within the Philips Group, which is expected to be completed in 12 to 18 months. The Domestic Appliances business is a global leader with EUR 2.3 billion sales in 2019 in kitchen appliances, coffee, garment care and home care appliances with successful products such as the Airfryer XXL, Automatic Coffee Machine with LatteGo, Perfect Care Elite steam generator, Air Purifier and SpeedPro Max Aqua vacuum cleaner.

Microsoft Launches AI for Health
Microsoft (@microsoft) is launching AI for Health, a new $40 million, five-year program to empower researchers and organizations with AI to improve the health of people and communities around the world. The program is underpinned with a strong foundation of privacy, security and ethics, and was developed in collaboration with leading health experts who are driving important medical initiatives. AI for Health is the fifth Microsoft AI for Good program, a $165 million initiative to empower researchers, nonprofits and organizations with advanced technologies to help unlock solutions to the biggest challenges facing society today.

Making the Cut

Arcadia Ranked Best in KLAS for Value-Based Care Managed Services for Second Straight Year
Arcadia (@ArcadiaHealthIT), a widely-recognized leader in population health management, announced that the company was awarded the 2020 Best in KLAS designation for Value-Based Care Managed Services1. The award was announced in the 2020 Best in KLAS: Software & Services Report, which is based on thousands of verified customer interviews conducted by highly-regarded analyst KLAS Research over a 12-month period.

Medici Receives SOC 2 Type II Attestation
Medici, a virtual healthcare company based in Austin, Texas announced that it has completed its SOC 2 Type II audit. This attestation provides evidence that Medici has a strong commitment to deliver high quality services to its clients by demonstrating they have the necessary internal controls and processes in place.

Appointments:

AMPS Appoints Healthcare Legal Veteran as General Counsel
Advanced Medical Pricing Solutions (AMPS), the pioneer in cost containment for the self-insurance industry, announced the appointment of Attorney Laura A. Conte, a healthcare legal industry veteran with a quarter-century of experience, as General Counsel.