Health IT Business News, Financial Edition April 13, 2023

Trending News

GenieMD Virtual Care Powered by AT&T IoT Connectivity Delivers on a Care Anywhere Delivery of Care Model
GenieMD, Inc (@geniemd), a cloud-based, mobile-first, virtual care platform and AT&T, an industry leader in cellular Internet of Things (IoT), are teaming up to improve health outcomes for patients with chronic conditions across the spectrum of clinical conditions as well as help reach further into rural America.

Health Gorilla Launches HG Accelerator Program, Offering Free Access to Health Data APIs for Early-Stage Startups
Health Gorilla (@healthgorilla), a Health Information Network and interoperability provider, has announced the launch of the HG Accelerator Program, enabling early-stage healthcare startups to access Health Gorilla’s portfolio of healthcare data APIs, software, and services free of charge, subject to certain use cases and guidelines.

NextGen Healthcare Again Named to Newsweek’s America’s Most Trustworthy Companies List
NextGen Healthcare, Inc. (@nextgen), a provider of innovative, cloud-based healthcare technology solutions, announced that it has been named to Newsweek’s list of America’s Most Trustworthy Companies 2023.

Mergers and Acquisitions

Vytalize Health Acquires Independent Physician Association (“IPA”) of New York, One of the Nation’s Largest IPAs
Vytalize Health, a risk-bearing provider enablement platform, announced it acquired a majority interest in physician-lead Independent Physician Association of New York, one of the largest multi-specialty IPAs in the country with more than 3,000 providers.

Contract Announcements

LeanTaaS and Siemens Healthineers Announce Strategic Relationship to Optimize Hospital Operational Performance
LeanTaaS, Inc. (@leantaas), a company providing AI-powered and SaaS-based capacity management, staffing, and patient flow software for health systems, announced a new strategic relationship with Siemens Healthineers, a medical technology company.

GenieMD and Heartland Clinics of America Announce Collaboration to Provide Virtual Care Services to Rural America.
GenieMD, Inc and Heartland Clinics of America, Inc, a partner of United Healthcare providing clinical services in rural communities America have announced a partnership that leverages the GenieMD virtual care platform to be deployed across their delivery of care community.


OXOS Medical Raises $23M Series A to Deliver “Radiology Department in a Box” to the Entire Healthcare Value Chain
OXOS Medical (@oxosmedical), a MedTech innovator developing simple and safe X-ray solutions, announced a $23 million Series A funding from Parkway Venture Capital and Intel Capital, bringing its total funding to $45 million.

MedArrive Raises $8 Million Investment to Bring More Care Into the Home
Mobile-integrated care management platform company MedArrive (@medarrive) announced $8 million in new funding led by Cobalt Ventures, a wholly owned subsidiary of Blue Cross and Blue Shield of Kansas City (Blue KC). The investment follows MedArrive’s $25 million series A round in November 2021 and brings the company’s total funding to $40.5 million to date.

Making the Cut, Milestones, Accolades, Awards and More

Sierra7, AvaSure Virtual Monitoring Partnership Recognized as 2023 Disruptive Tech Program Award Recipient from G2Xchange
Sierra7 and product partner, AvaSure (@avasure), were recognized as a 2023 Disruptive Tech Awardee for bringing AvaSure’s TeleSitter®/TeleNurse™ solution to Federal healthcare IT programs. This award recognizes an innovative product, program, or emerging technology solution that has been implemented within a Federal Agency and shows measurable results.