Health IT Business News, Financial Edition – April 18, 2024

Trending News

Zscaler is the Only Cybersecurity Vendor to Receive MTCS Level 3 Certification
Zscaler, Inc., a provider of cloud security, has announced that it is the only cybersecurity vendor to receive the Multi-Tier Cloud Security Standard (MTCS) Level 3 certification under the Software-as-a-Service (Saas) category.

HITRUST Announces CSF v11.3.0 Launch to Enhance Its Industry Leading Security Framework
HITRUST, a provider of information risk management, information security, and compliance assurances, is pleased to announce the release of version 11.3.0 of the HITRUST Framework (HITRUST CSF®). This update reaffirms HITRUST’s commitment to providing organizations with a comprehensive, up-to-date framework that addresses evolving cyber threats and regulatory requirements.

Brillio Celebrates a Decade of Industry-Leading Growth by Expanding its AI Program to Deliver Enterprise-Wide Impact
Brillio, a digital technology service provider, announced the launch of a Cloud and AI Studio to enable customers across industry sectors to drive enterprise-wide impact of artificial intelligence (AI).

NextGen Healthcare Launches AI-Driven Efficiency Solution for Mental and Behavioral Health Professionals
As the healthtech industry considers how artificial intelligence can help address the national shortage of mental and behavioral health professionals, NextGen Healthcare announced that its AI-driven ambient listening solution NextGen® Ambient Assist is now available to psychiatrists and other prescribers in the behavioral health (BH) space.

Mergers and Acquisitions

Acquisition of Airgap Networks will extend Zscaler’s Zero Trust Exchange
Zscaler, Inc. announced they have signed an agreement to acquire Airgap Networks, the leader in cybersecurity solutions for business-critical networks. Combining Zscaler’s Zero Trust SD-WAN and Airgap Networks’ agentless segmentation technology will transform how enterprises implement Zero Trust Segmentation to IoT/OT devices, and critical infrastructure across branches, campuses, factories, and data centers, including east-west connectivity.

Contract Announcements

Harris County Public Health Partners with Lightbeam Health Solutions to Improve Maternal Health Outcomes for 15K Community Members
Lightbeam Health Solutions, the leader in population health enablement technology and solutions, announces that Harris County Public Health (HCPH) has enlisted Lightbeam’s Deviceless Remote Patient Monitoring® (RPM) capabilities to support ACCESS (Accessing Coordinated Care and Empowering Self-Sufficiency) Harris County, an integrated care model that addresses the root causes of poor health and life outcomes by holistically addressing social drivers of health (SDOH).

Primary Care Medical Partners Selects eClinicalWorks AI Solutions and to Save Time on Documentation and Reduce Physician Burnout
eClinicalWorks®, the largest ambulatory cloud EHR, announced that Primary Care Medical Partners selected eClinicalWorks AI solutions and to streamline clinical workflows, reduce burnout and improve patient care., the revolutionary AI-powered, EHR-agnostic, ambient listening technology, will be available to Primary Care Medical Partners through eClinicalWorks’ integration with

With Cedar Pay, Talkiatry Takes the Stress Out of Paying for Mental Healthcare
Talkiatry, a provider of high-quality, in-network psychiatric care, is now offering simple and transparent online payment solutions through its partnership with Cedar, an end-to-end healthcare financial engagement platform.

UTMB Health Selects Tendo’s Data and Analytics Software
Tendo, a software company creating seamless healthcare experiences for patients, clinicians, and caregivers while improving quality, financial, health, and operations outcomes, announces its newest customer, the University of Texas Medical Branch (UTMB Health).

Oregon Health and Science University (OHSU) Partners with LeanTaaS to Alleviate OR Staffing Challenges
LeanTaaS, Inc., a provider of AI-powered and cloud-based capacity management, staffing, and patient flow software and services for health systems, announced the impressive results Oregon Health and Science University (OHSU) has achieved in alleviating perioperative staffing challenges in its Center for Health and Healing (CHH) by using the new Staff Planner module in iQueue for Operating Rooms.

24-Provider Health Center Leverages eClinicalWorks and the healow No-Show Prediction AI Model to Enhance Access to Care
HealthCare Choices NY, Inc., a federally qualified health center (FQHC), is successfully leveraging the healow® no-show prediction AI model and eClinicalWorks EHR to reduce the no-show rate, increase revenue outcomes and ultimately improve patient care.

Tower Health and Ensemble Health Partners Announce Strategic Revenue Cycle Partnership
Tower Health and Ensemble Health Partners, a company in end-to-end revenue cycle outsourcing for mid-sized to large healthcare organizations, announced that they will enter into a strategic partnership for the management of all revenue cycle operations.

Goodtime Family Care Saves 50% of Time Spent on Clinical Documentation with and eClinicalWorks EHR
eClinicalWorks® announced that Goodtime Family Care has successfully implemented the medical AI scribe,, saving 50% of time spent on clinical documentation and other administrative tasks. As a result of the eClinicalWorks integration with, the medical AI scribe is easily available to eClinicalWorks customers, including Goodtime Family Care.

Venture Capitol and Funding

Longeveron Announces Closing of $5.2 Million Public Offering
Longeveron Inc., a clinical stage biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions announced the closing of its previously announced public offering of up to 2,234,043 shares of the Company’s Class A common stock and warrants to purchase up to 2,234,043 shares of Class A common stock at a combined offering price of $2.35 per share and associated warrant.

SMILE Health Alumnus Grin Is First Startup to Receive Funding through New Program
CareQuest Innovation Partners, a company focused on validating and scaling solutions to improve overall health through oral health, in partnership with MATTER, a health care incubator and innovation hub, announced ACCELERATE, an exclusive funding opportunity for alumni of the SMILE Health accelerator program.

Making the Cut, Milestones, Accolades, Awards and More

Lotus Weight Loss & Wellness Achieves 30% Increase in Patient Visits with eClinicalWorks EHR and healow Patient Engagement Solutions
eClinicalWorks® announced that Lotus Weight Loss & Wellness is successfully utilizing eClinicalWorks EHR and healow® Open Access® for online appointment bookings.

Luna Named Among 2024’s Most Innovative Healthcare Companies by Fast Company
Luna, a provider of in-home, in-person physical therapy (PT), is proud to announce its ranking on Fast Company’s annual list of the World’s Most Innovative Companies for 2024.

Bassett Healthcare Network’s Cobleskill Regional Hospital Acclaimed as One of Top 20 Critical Access Hospitals in America
Cobleskill Regional Hospital, part of Bassett Healthcare Network, has been distinguished as a 2024 Top 20 Critical Access Hospital in the U.S. by the National Rural Health Association (NRHA).