Health IT Business News, Financial Edition – December 8, 2022

Trending News

NextGen Healthcare Announces Agreement to Acquire TSI Healthcare
NextGen Healthcare, Inc. (@nextgen), a provider of innovative cloud-based healthcare technology solutions, announced it has signed a definitive agreement to acquire TSI Healthcare, a privately held value-added reseller located in Chapel Hill, NC.

Carle Health Partners with Health Catalyst to Achieve Data-Informed Improvement
Health Catalyst, Inc. (@HealthCatalyst), a provider of data and analytics technology and services to healthcare organizations, announced an expansive, multi-year contract with Carle Health (Carle)—an integrated health system based in Urbana, Illinois that includes five hospitals, multi-specialty physician group practices with more than 1,000 doctors and advanced practice providers, and Health Alliance Medical Plans—deepening its relationship with Health Catalyst to further advance Carle’s innovative analytics capabilities system-wide.

Mergers and Acquisitions

Carenet Health Acquires Stericycle Communication Solutions, Creating Industry’s Most Comprehensive Healthcare Consumer Engagement Company
Carenet Health (@CarenetHealth), a provider of 24/7 and on-demand patient engagement solutions, announced it has acquired Stericycle Communication Solutions (@StericycleComms), an industry leader in patient engagement technology and solutions and a service of Stericycle, Inc., as part of its strategic vision to create a cohesive patient experience and provide better healthcare for all.

Contract Announcements

PathfinderHealth Selects Equality Health to Advance Access to Quality Healthcare for Northern Arizona Communities
PathfinderHealth, an affiliate of Northern Arizona Healthcare (NAH), announced a partnership with Equality Health (@equalityhealth), a provider of value-based physician networks uniquely equipped to address the needs of diverse and historically underserved populations.

VisualDx partners with Emergence Health to support urgent care clinicians with diagnosis and treatment decisions
VisualDx (@visualdx), a web-based clinical decision support system, has partnered with Emergence Health Holdings, an urgent care network operating ClearChoiceMD and CareWell urgent care centers throughout New England, to offer assistive technology to all clinicians in the network.

Radish Health Partners with Two Westchester County Municipal Governments to Support Health Outcomes
Radish Health (@radishhealth), an employer health benefit that removes barriers to healthcare, reduces costs and improves employee wellbeing, announced a partnership with the Village of Dobbs Ferry and Town of Ossining in Westchester County, New York.

Get Well’s Digital Platform Powers Sutter Health’s Everyday Mental Health Tool for Youth
Get Well (@getwellnetwork), a global company in patient engagement, announced that Sutter Health is adopting its digital care platform, GetWell Loop, for Scout by Sutter Health™, a virtual resource that helps teens and young adults build resilience and manage everyday mental health. Scout supports youth ages 12 to 26 years and their caregivers.


Edison Partners leads $21 million growth funding round for clinical trial intelligence disruptor Lokavant
Edison Partners (@edisonventure), a growth equity investment firm, announced it is leading a $21 million investment round in Lokavant, the leading clinical trial intelligence company.

Making the Cut, Milestones, Accolades, Awards and More

Inc. Names TimelyMD ‘Best in Business’ for Mental Health Advocacy
TimelyMD (@TimelyMD), a virtual health and well-being solution for college and university students, has been named to the Inc. 2022 Best in Business list for Mental Health Advocacy.

FinThrive Named the Highest in the Leader Category in Everest Group’s Revenue Cycle Management Platforms PEAK Matrix® Assessment 2023
FinThrive, Inc. (@Fin_Thrive), a healthcare revenue management software-as-a-service (SaaS) provider, has been named a Leader in Everest Group’s Revenue Cycle Management Platforms PEAK Matrix® Assessment 2023.