Health IT Business News, Financial Edition March 16, 2023

Trending News

Health Catalyst, GIQuIC Team Up to Power the Nation’s Only Gastroenterology-Focused Clinical Registry
Health Catalyst, Inc. (@HealthCatalyst), a provider of data and analytics technology and services to healthcare organizations, announced a partnership with GI Quality Improvement Consortium, Inc. (GIQuIC), a joint collaboration of the American College of Gastroenterology (ACG) and American Society of Gastrointestinal Endoscopy (ASGE).

Mergers and Acquisitions

HeartBeam Announces Acquisition of LIVMOR Assets
HeartBeam, Inc. (@HeartBeamInc), a cardiac technology company that has developed the first and only 3D-vector electrocardiogram (VECG) platform for heart attack detection anytime, anywhere, announced the strategic acquisition of substantially all assets from LIVMOR, a digital health solutions company providing a patient-engaging remote monitoring system of critical physiological biomarkers.

PointClickCare Advances the Transition Toward Value-Based Care with Acquisition of Patient Pattern
PointClickCare Technologies (@pointclickcare), a healthcare technology platform enabling meaningful collaboration and access to real‐time insights at every stage of the patient healthcare journey, announced the acquisition of Patient Pattern.

Contract Announcements

Chugai and Biofourmis Enter into New Partnership Focused on Data-Driven Virtual Care for Endometriosis-Related Pain
Chugai Pharmaceutical Co., Ltd. and Biofourmis (@biofourmis), a global leader in technology-enabled care delivery, announced that they have entered into a new partnership agreement for the continued development and real-world use of digital solutions to objectively measure pain in patients with endometriosis.

Iterative Health Accelerates Clinical Trial Recruitment Through Partnership with Florida Research Institute
Iterative Health, a pioneer in precision-medicine technologies for gastroenterology, announced that it has partnered with Florida Research Institute (FRI), a leader in gastroenterology and hepatology research, to bring its AI-Recruitment (AIR) technology to the Florida region to standardize endoscopic scoring and give patients better access to more precise therapeutics by way of clinical trials.

Hydreight Adds Service Providers in Over 600 Cities to its Platform
Hydreight Technologies Inc. (@hydreightiv) an on-demand home healthcare and wellness platform, is pleased to announce that it has onboarded new service providers in over 612 cities in the past 12 months.

Qualtrics Partners With the DAISY Foundation™ to Honor Nurses Around the World
Qualtrics (@Qualtrics), a company in the experience management category, announced a new partnership with the DAISY Foundation to make it easier for healthcare organizations around the world to recognize and honor nurses providing standout care.

HRS Partners with CommonWealth Purchasing Group to Make Healthcare More Accessible
Health Recovery Solutions (@healthrecovery1), a remote patient monitoring company, and CommonWealth Purchasing Group, a national group purchasing organization for Community Health Centers and other community-based, non-profit organizations, announced a partnership to bring advanced telehealth and remote patient monitoring technology to nearly a thousand Community Health Centers and Federally Qualified Health Centers (FQHCs) across the nation.


BetterNight Raises $33M Growth Financing Round led by NewSpring.
BetterNight, a provider of comprehensive sleep care through its virtual care platform, announced $33 million in growth funding led by NewSpring. The financing round includes participation from existing investors HCAP Partners and Hamilton Lane (NASDAQ:HLNE) via its Impact Fund II and other accounts managed by the firm.

Ryse Health, an emerging leader in the treatment of Type 2 Diabetes, announces Series A funding round of $6.5 million led by Route 66 Ventures
Ryse Health, a healthcare company that’s committed to pursuing a world free from chronic diseases and raising the bar on Type 2 Diabetes care, announced that it closed its Series A funding round of $6.5 million.  operations, partner with like-minded organizations, and expand into new markets.

Making the Cut, Milestones, Accolades, Awards and More

TimelyMD Tops Healthcare Employer Rankings on Forbes List
Forbes revealed that TimelyMD (@TimelyMD), a virtual health and well-being solution in higher education, is the No. 1 best healthcare startup employer in America. Landing in the No. 26 spot overall on the Forbes annual America’s Best Startup Employers list – TimelyMD was chosen from more than 2,600 startup companies based on company reputation, employee satisfaction, and growth.

Raintree Systems Wins the Winter 2023 Top Performer Award in EMR and Healthcare Software Categories
Raintree Systems (@RaintreeSystems), a provider of electronic health records (EHR) including patient engagement, scheduling, billing, and practice management, in addition to revenue cycle management (RCM) software solutions for the therapy and rehab industry, announced that it has been awarded a Winter 2023 Top Performer Award by SourceForge, the world’s largest software and services review and comparison website.

Expansion and Growth

AGS Health Announces Expansion into the Philippines
Revenue cycle management solutions company AGS Health (@AGS_Health) is pleased to announce the launch of operations in Manilla, Philippines. Serving as a strategic growth partner to more than 100 major healthcare providers across the U.S., the expansion will offer AGS Health and its customers increased access to global talent.

Providence to expand access to in-home, outpatient physical therapy with Luna
Luna (@getlunacare), a provider of in-home physical therapy, announced that Providence, a not-for-profit health system serving the Western U.S., will expand access to outpatient physical therapy service through the Luna technology platform.

InsightRX Continues Accelerated Growth with Life Sciences Organizations and Health Systems
InsightRX (@InsightRX) – which provides cloud-based precision medicine software to optimize treatment decisions – capped off another successful year in 2022. The company made remarkable progress in the development of its two core platforms, InsightRX Nova, an application designed to individualize drug dosing, and InsightRX Apollo, a real-time analytics application that aims to understand and improve drug performance across different patient populations.

HHAeXchange Welcomes Six New Solutions Providers to its Partner Connect Program
HHAeXchange (@HHAeXchange), a provider of homecare management solutions for state Medicaid programs, managed care organizations, and providers, is proud to announce the company has added six new solutions providers to its Partner Connect program.