Health IT Business News, Financial Edition August 31, 2023

Trending News

LexisNexis Risk Solutions Named Category Leader by Chartis Research for Identity Verification Solutions
LexisNexis® Risk Solutions (@LexisNexisRisk) announced that it has been recognized as a category leader for its identity verification solutions in the new Identity Verification (IDV) Solutions 2023 report by Chartis Research. LexisNexis Risk Solutions received the highest possible scoring in 8 out of 10 categories reviewed: Use case, biometrics, digital identity/footprint, other types of identity verification (IDV), speed and accuracy, data management framework, solution integration, and packaging and analytics.

Waystar Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering
Waystar Technologies, Inc. (@Waystar), a provider of healthcare payment technology, announced that its parent company, Waystar Holding Corp., has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of the parent company’s common stock.

Brillio Achieves Silver Status in SAP’s Service Partner Program
Brillio (@brillioglobal), digital transformation services and solutions provider, announced that it has achieved the silver status in the SAP® PartnerEdge® program as a highly valued partner for delivering cutting-edge digital solutions and services using SAP’s Commerce Cloud and HANA platforms.

Mergers and Acquisitions

Orbita Acquires Wellbe Assets
Orbita (@orbita_inc), a provider of smart virtual assistants and workflow automation for healthcare, has acquired the assets of Wellbe, a digital health company providing patient navigation for specialty care.

Contract Announcements

Florida Medicaid to Update Provider Management Capabilities Through Collaboration with HHS Technology Group
HHS Technology Group, LLC™ (@hhstechgroup) has announced that it has been selected by The State of Florida’s Agency for Health Care Administration (AHCA) to streamline the State’s Medicaid provider management system in support of Florida’s Health Care Connection (FX) Strategy.

SteadyMD Supports Amazon Clinic’s Expansion of Telehealth to All 50 States
SteadyMD (@steadymd), a B2B telehealth infrastructure provider that powers high-quality telehealth patient experiences for leaders and innovators in healthcare, celebrates the expansion of Amazon Clinic’s virtual healthcare marketplace to all 50 U.S. states. SteadyMD was one of the first telehealth providers available through Amazon Clinic when it launched in November 2022.

KeyCare Partners with Parkview Health to Offer Patients 24×7 Virtual Care via Epic-based Platform
KeyCare (@DrLyleMD), an Epic-based virtual care company, announced that it is partnering with Parkview Health to offer patients anytime, anywhere access to virtual urgent care with licensed providers who will share clinical notes with a patient’s regular provider.

Business Announcements

Trilliant Health Announces Open Access to Its National Provider Directory
Trilliant Health (@TrilliantHealth), the healthcare industry’s leading analytics and market research firm, announced that it will open access to its dynamic, national provider directory, making information about America’s 2.7 million healthcare facilities, physicians and allied health professionals publicly available for the first time.

Making the Cut, Milestones, Accolades, Awards and More

Community Health Network Transforms Experience With Qualtrics
Qualtrics (@Qualtrics), creator of the experience management (XM) category, announced that Community Health Network transformed its approach to experience management and resulted in meaningful improvements, including a 300% increase in patient response rates.

LucidHealth sees continued growth amongst remote-based physician workforce
Three years after establishing their virtual practice LucidSolutionsTM, private equity-backed LucidHealth continues to build their integrated and teleradiology-supported workforce to meet the increasing demand for remote-based radiology services. Having grown to over 75 radiologists licensed across 47 states, the practice anticipates adding an additional 15 physicians prior to the close of 2023.

KLAS Report Recognizes AvaSure as a Complete Virtual Care Platform That Improves Patient Safety while Reducing Costs & Staff Workloads
AvaSure (@avasure), a company in acute virtual care and remote safety monitoring, announced that a new report from KLAS revealed high customer satisfaction with the company’s virtual care platform. KLAS reported on AvaSure in September 2021, and the new report offers a second look at how the overall customer experience has improved over the last two years.

For the Second Straight Year, Gibson Consultants Makes the Inc. 5000
For the second consecutive year, Gibson Consultants, a retained search and consulting firm serving healthcare payers and digital health companies, has been named to the 2023 Inc. 5000. Every year, this prestigious ranking showcases the fastest-growing private companies in America.

Lightbeam Health Solutions Ranks on the 2023 Inc. 5000 List for the 5th Year
Inc. revealed this month that Lightbeam Health Solutions (@LightbeamHealth) ranked on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America.

Wolters Kluwer’s Drug Diversion solution receives outstanding rating in AI/ML effectiveness by KLAS
Wolters Kluwer Health (@Wolters_Kluwer) is proud to announce that following its acquisition of Invistics, the company’s drug diversion monitoring software received exceptional recognition from KLAS in the Drug Diversion Monitoring 2023 report.