Health IT Business News, Financial Edition – June 9, 2022

Trending News

NextGen Enterprise Chosen by Morris Heights Health Center
NextGen Healthcare, Inc. (@nextgen), a provider of innovative, cloud-based healthcare technology solutions, announced that Morris Heights Health Center (MHHC), a New York-based Federally Qualified Health Center (FQHC), has selected the NextGen® Enterprise Electronic Health Records (EHR) and Practice Management (PM) solutions to better serve its rapidly growing community.

Contract Announcements

Tesis Biosciences to Provide Genetic Testing Services for Florida ACO Pathways Health Partners
Tesis Biosciences (@TesisBioscience), a company in targeted genetic sequencing, has been selected by Pathways Health Partners (PHP), an accountable care organization (ACO) dedicated to solving the challenges facing healthcare today, to provide member practices with next-generation sequencing (NGS) testing and precision medicine services for the detection and prevention of chronic and hereditary conditions in patients.

InsightRX Helps Boone County Hospital Improve Patient Safety with Precision Dosing
InsightRX (@InsightRX), a healthcare technology company which provides cloud-based precision dosing support to guide treatment decisions, announced that Boone County Hospital, a 25-bed critical access hospital in Iowa, implemented model-informed precision dosing via its point-of-care InsightRX Nova platform to reduce acute kidney infections resulting in zero nephrotoxicity events.

Mergers and Acquisitions

Lightbeam Acquires Jvion AI and SDoH Solutions
Lightbeam Health Solutions, Inc. (@LightbeamHealth), a company in end-to-end population health management solutions and services, announced it has entered into an asset purchase agreement to acquire the operating assets related to Jvion, Inc., including Jvion’s market-leading AI-enabled prescriptive analytics and social determinants of health (SDoH) solutions.

LeanTaaS Announces Growth Investment by Bain Capital Private Equity to Fuel Leading AI-Driven Platform for Hospitals to Achieve Operational Excellence
LeanTaaS Holdings, Inc. (@leantaas), a provider of cloud software solutions for optimizing hospital operations and capacity management, announced that Bain Capital Private Equity has acquired a majority stake in the Company from existing investors Insight Partners and the Growth Equity business within Goldman Sachs Asset Management.

Fishawack Health adds leading US healthcare policy experts Avalere
Fishawack (@fishawack) is delighted to welcome healthcare consulting and advisory firm Avalere Health (Avalere) to their group. The move marks the largest expansion of Fishawack Health (FH) to date and allows clients to benefit from integrated offerings spanning value, evidence, access, and policy.

MTM, Inc. Announces Major Acquisition of Veyo
Alaina Macia, President and CEO of MTM, Inc. (@MTMSocial)  headquartered in St. Louis, Missouri, has announced the acquisition of Veyo, a non-emergency medical transportation (NEMT) company based out of San Diego, California.


Aledade Raises $123 Million Series E to Accelerate Growth in Medicare Advantage and Support Primary Care Physicians With Expanded Services
Aledade (@aledadeaco) announced it has closed a $123 million Series E funding round to support investments in value-based care for more seniors covered by Medicare Advantage (MA) and innovation that improves patient care and increases medical cost savings, including expanded offerings through its new health services subsidiary, Aledade Care Solutions (ACS).

H1 secures an extension on its Series C to further its mission of creating a healthier future through the use of connected and accessible healthcare data
H1 (@h1co_), the connecting force for global healthcare professional, clinical, science, and research information, announced that it raised a Series C extension bringing the total Series C raise to $123 million.

Making the Cut, Milestones, Accolades, Awards and More

KLAS Research Recognizes Cedar Gate Technologies and Vanderbilt Health for Innovation in Prospective Bundled Payment Program
Cedar Gate Technologies (@CedarGateTech) and Vanderbilt Health (@vumchealth) have been named as recipients of the KLAS Research Points of Light Award for improving the health and financial outcomes of expectant teachers and their babies on the Metro Nashville Public Schools (MNPS) health plan.