Health IT Business News, Financial Edition – December 22, 2022

Trending News

Signify Health and Ardent Health Services Collaborate to Improve Healthcare Outcomes
Signify Health, Inc. (@signifyhealth), a healthcare platform that leverages advanced analytics, technology and nationwide healthcare networks to create and power value-based payment programs, announced an expansion of its relationship with Ardent Health Services, a premier provider of healthcare services with more than 200 sites of care across six states.

NextGen Value-Based Care Solution Enables $81 Million in Medicare Savings in 2021
NextGen Healthcare, Inc. (@nextgen), a provider of innovative, cloud-based healthcare technology solutions, announced that nine clients achieved a cumulative $81 million in total Medicare savings in 2021 in the Accountable Care Organization (ACO) Medicare Shared Savings Program (MSSP).

Arcadia’s ‘The Schema’ Video Series Explores the Future of Healthcare Innovation
Arcadia (@ArcadiaHealthIT), a data analytics platform for healthcare, has created a forum for bringing together healthcare’s best minds, biggest innovations, and greatest insights to establish a framework for the industry’s future. The Schema is a video series featuring real conversations with providers, practitioners and analysts shaping the future of the industry.

Contract Announcements

PatientsLikeMe Partners with LetsGetChecked to Offer Members Access to Home Testing Solutions
PatientsLikeMe (@patientslikeme), a community health network that empowers patients to take charge of their health, announced its partnership with LetsGetChecked (@LetsGetChecked), a global healthcare solutions company.

Triad HealthCare Network Harnesses Medication Data to Improve Outcomes for High-Risk Patients
Triad HealthCare Network, a provider-led accountable care organization (ACO), and health technology pioneer DrFirst (@DrFirst) announced an initiative to improve medication adherence among high-risk patient populations across five counties in North Carolina.

InsightRX Provides Máxima Medical Center with Precision Dosing Guidance
InsightRX (@InsightRX), a precision dosing intelligence company, announced that Máxima Medical Center (MMC), a 600-bed teaching hospital in the Netherlands, is using its cloud-based precision dosing platform to support its clinical practice and immunology research.

Luminis Health partners with VisiQuate to deliver advanced revenue cycle analytics solutions that further their investment in Epic by delivering unparalleled data visibility
Luminis Health, a not-for-profit health system based in Maryland, is seeking to transform its revenue cycle operations and performance and recognizes that having comprehensive, real-time analytics is a key component of the transformation. Luminis Health will deploy VisiQuate’s Denials Management, Revenue Management, and Reserve Analytics solutions. Believing in a “better together” strategy, Luminis Health saw the value that VisiQuate (@VisiQuate) would bring to improve its instance of Epic, the health system’s electronic health record.


Juno Medical Raises $12M Series A Led by NEXT VENTURES and Serena Ventures; Funding Will Fuel Juno’s National Expansion
Juno Medical (@juno_medical), the modern doctor’s office that’s designed for the 99%, announced $12 million in Series A funding co-led by Julian Eison, Managing Partner at NEXT VENTURES, and Serena Williams, Managing Partner at Serena Ventures.

Fortified Health Security Announces Growth Investment Led by Silversmith Capital Partners and Health Velocity Capital
Fortified Health Security (@FortifiedHITSec), a best-in-class managed security services provider (MSSP) to the healthcare industry announced a majority investment led by Silversmith Capital Partners and Health Velocity Capital with participation from Nordic Consulting.

Making the Cut, Milestones, Accolades, Awards and More

Suki Closes Out 2022 with Significant Growth and Strong ROI Outcomes
Suki (@SukiHQ), a company in voice artificial intelligence (AI) technology for healthcare, has achieved record growth in 2022, a milestone year that connected thousands of physicians to its flagship, voice-powered Suki Assistant, which changed their workloads and lives in significant ways.

Lightbeam Health solutions Named to the 2022 CB Insights Digital Health 150 List
CB Insights named Lightbeam Health Solutions (@LightbeamHealth), a company in population health management solutions and services, to its fourth annual Digital Health 150, showcasing the 150 most promising private digital health companies of 2022.

AvaSure Experiences Record-Breaking Growth in 2022 as Customer Base Tops 1,000 Hospitals
Fueled by widespread healthcare staffing shortages, rising labor costs and the surge in demand for virtual care, AvaSure (@avasure), the inventor of the TeleSitter® solution and the market leader in acute virtual care and remote safety monitoring, announced that it experienced record growth in 2022, with a customer base that now tops 1,000 hospitals.