Health IT Business News, Financial Edition – August 4, 2022

Trending News

Health Catalyst, MemorialCare Team Up to Improve Care Outcomes with Innovative Patient Engagement Technology
Health Catalyst, Inc. (@HealthCatalyst), a provider of data and analytics technology and services to healthcare organizations, announced a partnership with MemorialCare Miller Children’s & Women’s Hospital Long Beach, a nonprofit health system in Orange and Los Angeles Counties.

Dedalus Group Acquires ExpertDoc
Dedalus Group (@Dedalus_Global), a company in the European Digital Health sector, announces that it has finalised an agreement to acquire 100% of ExpertDoc, a frontrunner in the field of clinical decision support software for general practitioners in the Netherlands.

NextGen Healthcare Reports Fiscal 2023 First Quarter Results
NextGen Healthcare, Inc. (@nextgen), a provider of innovative, cloud-based healthcare technology solutions, announced its operating results for the fiscal first quarter ended June 30, 2022.

EHNAC Announces Finalized Criteria for Trusted Network Accreditation Program (TNAP) and Trusted Dynamic Registration & Authentication Program (TDRAAP)
The Electronic Healthcare Network Accreditation Commission (@EHNAC), a non-profit standards development organization and accrediting body for organizations that electronically exchange healthcare data, announced the release of new criteria versions for three of its accreditation programs – the Trusted Network Accreditation Program (TNAP-QHIN) and the Trusted Dynamic Registration & Authentication Accreditation Programs (TDRAAP-Basic and TDRAAP-Comprehensive).

Mergers and Acquisitions

Vālenz® Announces the Acquisition of MCM, Expands Care Management and Population Health Solutions
Vālenz® announced it has acquired Medical Cost Management Corporation, d.b.a. MCM Solutions for Better Health and its subsidiary, Med-Care Management, Inc, (MCM), a provider of managed care and population health management programs spanning the entire continuum of care for self-funded plans.

Payment Integrity Leader ClaimLogiq Acquires NLP Pioneer SyTrue
ClaimLogiq, a technology enabling payment integrity platform, announced that it has acquired SyTrue, the pioneer in healthcare natural language processing technology, creating a seamless and cohesive solution for clinical, coding and medical record reviews.

RLDatix Acquires Galen Healthcare Solutions
RLDatix, an international company in governance, risk and compliance (GRC) solutions for healthcare, announced the acquisition of Galen Healthcare Solutions (@GalenHealthcare), a company in implementation, optimization, data migration and archival solutions for HIT systems.

Lyniate Merges with CareCom, Further Extending Capabilities of Interoperability Leader
Lyniate (@lyniate), a global company in healthcare data interoperability, and CareCom, a company in healthcare terminology management solutions including HealthTerm® and CareIndexing®, have entered into a definitive merger agreement.

Contract Announcements

VAST Data Accelerates CeGaT Genetic Data Analytics, Delivering Medical Insights Significantly Faster Than Competing Hybrid Storage Solution
VAST Data (@VAST_Data), the data platform company for the AI-powered world, announced the company was selected by CeGaT to accelerate time-to-insight for genetic analytics essential to diagnostic healthcare, genetic research and pharmaceutical discovery.

LifePoint Health Partners with Health Catalyst to Advance Patient Care
Health Catalyst, Inc. (@HealthCatalyst), a provider of data and analytics technology and services to healthcare organizations, announced a multi-year partnership with LifePoint Health, a diversified healthcare delivery network that operates 63 community hospital campuses, more than 30 rehabilitation and behavioral health hospitals, and 170 additional sites of care from coast to coast.


Homeward Secures $50 Million in Series B Funding to Improve Access to High-Quality Healthcare in Rural Communities
Homeward (@homeward_health), a company committed to rearchitecting the delivery of health and care in partnership with communities everywhere, starting in rural America, announced a $50 million Series B funding round co-led by ARCH Venture Partners and Human Capital.

Making the Cut, Milestones, Accolades, Awards and More

CarePayment Achieves HITRUST Risk-based, 2-year Certification to Manage Risk, Improve Security Posture, and Meet Compliance Requirements
CarePayment (@CarePayment), a patient financial engagement and financing company, announced that key implemented systems earned Certified status for information security by HITRUST.