Health IT Business News, Financial Edition February 1, 2024

Trending News

Sphere Streamlines Focus on Healthcare Financial Technology with Qgiv Sale
Sphere, a financial technology company, has successfully divested Qgiv, a nonprofit fundraising technology platform, to Bloomerang, the complete nonprofit donor and volunteer relationship management platform.

Atlantic.Net Expands International Footprint with New Singapore Region
Atlantic.Net, a cloud hosting solutions provider, announced the opening of its Singapore cloud region in the world’s fastest-growing Asian market.

NextGen Healthcare’s Electronic Health Record and Practice Management Solutions Retain #1 Rankings in Newest Report from Black Book Research
In a new report from independent market research firm Black Book Research, NextGen Healthcare’s Electronic Health Record (EHR) and Practice Management (PM) solutions have been named #1 for physician groups of numerous sizes and specialties.

Contract Announcements

Rosarium Health Partners with Spatially Health to Increase Accessible Spaces and Address Social Determinants of Health (SDOH)
Spatially Health, a cloud-based, health equity platform focused on identifying and addressing social determinants of health (SDOH) and health equity barriers, has partnered with Rosarium Health, a Houston-based integrated service provider network that improves health outcomes and quality performance by connecting patients with healthcare professionals and home remodeling companies to households needing accessible home modifications.

Integrated Physician Network (iPN) and Lumeris Partner to Drive Value-based Care Delivery and Improve Patient Outcomes
Integrated Physician Network (iPN), a clinically integrated network serving the Denver Metro Area, and Lumeris, a value-based care enablement company, announced a strategic partnership to enhance value-based care delivery and improve patient outcomes in the region.

Beyond Lucid Technologies Selects MedAllies as its Qualified Health Information Network™ (QHIN™) Partner
MedAllies, a healthcare interoperability and connectivity services provider, announced that Beyond Lucid Technologies has selected MedAllies as its Qualified Health Information Network (QHIN) partner.

Sheba Medical Center Inaugurates World’s First ADAMS Center with MDClone Platform
MDClone, a data analytics and synthetic data company, announced the first ADAMS Center, which was launched at Sheba Medical Center in Israel. The ADAMS Center is a reimagined quality and performance improvement model to drive clinical and operational transformation.


ObjectiveHealth Announces Strategic Growth Investment from Vitruvian Partnersn 
ObjectiveHealth, an integrated specialty research network and technology company, announced that it has secured a strategic growth investment from Vitruvian Partners, a global growth-focused investment firm.

Making the Cut, Milestones, Accolades, Awards and More

Avel eCare Reports Significant Growth and Nationwide Expansion in 2023
Avel eCare is reinforcing its position as the nation’s leading clinician-to-clinician telemedicine platform by expanding operations into more than a dozen new states during 2023, extending its reach to a total of 42 U.S. states. The growth is fueled by an increase in health system deployments, recent acquisitions, and the accelerating adoption of innovative telemedicine solutions for government agencies, such as EMS and law enforcement.

Other Business News

AION Labs Launches New Startup Leveraging Machine Learning for Molecular Glue Discovery
AION Labs, the first-of-its-kind venture studio spearheading the adoption of AI technologies and computational science to solve therapeutic challenges, announced the formation of TenAces Biosciences. TenAces is a startup developing a novel approach to discover new molecular glue therapies, leveraging machine learning to enhance development of treatments for a range of conditions.