Health IT Business News, Financial Edition January 4, 2024

Trending News

ECG Management Consultants Celebrates its 50th anniversary.
ECG Management Consultants (@ecgmc), a healthcare consulting firm, is celebrating its 50th anniversary. Since its founding in 1973 in Seattle, ECG has grown from a single-office company with 7 employees to a nationally acclaimed consulting firm with more than 325 employees across 9 offices. ECG stands as the longest-serving healthcare consulting firm in the United States.

Mergers and Acquisitions

R1 RCM to Acquire Acclara
R1 RCM Inc. (@r1rcm), a provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, announced that it has entered into a definitive agreement to acquire Acclara, a technology-driven revenue cycle management company, from Providence, one of the nation’s largest health systems; and the Company has been selected by Providence as its long-term revenue cycle management partner.

Veradigm Strengthens Award-Winning Revenue Cycle Services Portfolio with Acquisition of Full-Service RCM Company
Veradigm Inc. (@Veradigm), a provider of healthcare data and technology solutions announced the acquisition of Koha Health, a full-service revenue cycle management (RCM) company.

Constellation Software’s Harris Operating Group Acquires MEDHOST, Inc.
Constellation Software Inc., announced its wholly-owned subsidiary N. Harris Computer Corporation, a global vertical market software provider, has acquired MEDHOST, Inc., an electronic health record solution provider.

Contract Announcements

Advantus Health Partners and Southwest Ohio Health Care Affiliates (SOHCA) Announce Partnership to Deliver Supply Chain Value to their community health care members
Advantus Health Partners, a health care solutions company delivering more effective, efficient supply chain models to health care organizations, announced a partnership with the SOHCA a subsidiary of the Greater Dayton Area Hospital Association (GDAHA), a member services organization that helps local hospitals and health care organizations provide quality medical treatment in the greater Dayton area.

Amenities’ Digital Front Door Platform Now Available in Panda Health Marketplace
Amenities Health, a Digital Front Door platform, announced it is now available in the Panda Health Marketplace, a trusted resource for hospitals and health systems looking to find, research, and deploy digital health solutions.

New England Orthopedic Surgeons Selects athenahealth to Transform Patient Experience, Optimize Performance, and Support Continued Growth
athenahealth, Inc. (@athenahealth), a provider of network-enabled software and services for medical groups and health systems nationwide, announced that New England Orthopedic Surgeons (NEOS) is implementing athenaOne, athenahealth’s cloud-based suite of integrated electronic health record (EHR), revenue cycle management, and patient engagement solutions.

Cloud DX Signs Contract with Health PEI to Provide Remote Patient Monitoring
Cloud DX (@CloudDX), a North American provider of virtual care and remote patient monitoring platforms announces a new contract with Health PEI, the Provincial Health Authority for Prince Edward Island.


Biorithm Secures $3.5 Million in Series A Funding to Advance Maternal Care Worldwide
Biorithm (@biorithmhealth), a global women’s health medtech, has closed $3.5 million in Series A funding, co-led by Adaptive Capital Partners and SEEDS Capital. With a homegrown spirit and a global vision, Biorithm is dedicated to developing cutting-edge solutions for personalized connected maternity care.

Ketryx raises $14M in Series A funding led by Lightspeed Venture Partners
Ketryx (@KetryxHQ), provider of the first and only connected application lifecycle management software for the life sciences industry, announced that it has raised $14 Million in Series A funding.

Resurgens Technology Partners Invests in Valant
Resurgens Technology Partners (@ResurgensTech), a software-focused private equity firm, announced its investment in Valant, a cloud-based EHR for behavioral health practices.

knownwell Raises $20M Series A From A16Z to Scale the First Patient-Centered Healthcare Home For Those With Overweight and Obesity
knownwell, an in-person and virtual, weight-inclusive primary care and metabolic health company, announced that it has raised a $20 million Series A funding round led by A16Z with participation from existing investors including Flare Capital Partners.


Equality Health Brings Proven “Medicaid-First” Value-Based Care Model to Virginia
Equality Health (@equalityhealth), a provider of value-based care, announced its latest expansion into the Commonwealth of Virginia, offering its proven value-based care (VBC) model to primary care providers (PCPs) and health plans throughout the state.