Health IT Business News, Financial Edition – May 30, 2024

Trending News

Relyens and Cynerio Partner to Introduce Advanced Healthcare Cybersecurity Solution to the European Market
Relyens, a European mutual group specializing in insurance and risk management services for health professionals and local authorities, has announced a strategic partnership with Cynerio, a pioneer in modern healthcare cybersecurity solutions. Together, they aim to deliver cutting-edge cybersecurity services tailored specifically for the European healthcare sector.

NextGen Healthcare Chosen to Advance Axis Health System’s Delivery of Award-Winning Integrated Care
As whole-person care becomes a growing focus of the healthcare industry, NextGen Healthcare has been selected to support Axis Health System in its delivery of community-based healthcare across southwest Colorado. NextGen® Enterprise EHR (electronic health record) and NextGen® Enterprise PM (practice management) will improve the care team’s capacity and expand healthcare access for patients.

TrustCommerce Announces Cloud Payments Integration with Practice Fusion
TrustCommerce, a Sphere company and provider of end-to-end integrated healthcare payments and security software, announced that its Cloud Payments platform is now integrated with the Practice Fusion electronic health records (EHR), a Veradigm Network solution.

Secure Exchange Solutions Selected to Join MEDITECH Alliance Program to Advance Clinical Data Exchange
Secure Exchange Solutions (SES), a Centauri Health Solutions company and provider of interoperable, cloud-based clinical data exchange solutions, announced they were selected to join the MEDITECH Alliance Collaborator Program, an ecosystem of partner organizations with proven, successful, and interoperable solutions.

MultiCare Health System Reduces Readmissions, Length of Stay, and ED Visits for Bariatric Surgery Patients With SeamlessMD
SeamlessMD is excited to share the results of an evaluation performed by a large multi-hospital system on using SeamlessMD for bariatric surgery.

Mergers and Acquisitions

Lunit Completes Acquisition of Volpara: Pioneering Next-Level of AI-Driven Cancer Care
Lunit, a provider of AI-powered solutions for cancer diagnostics and therapeutics, proudly announces the successful completion of its acquisition of Volpara Health Technologies, a global leader in medical software for breast cancer screening.

Contract Announcements

FDB Chosen as a Preferred Vendor by Association for Community Affiliated Plans (ACAP)
FDB (First Databank, Inc.), a provider of drug knowledge that helps healthcare professionals make precise decisions, announced that it has been selected as a Preferred Vendor by the Association for Community Affiliated Plans (ACAP), an organization representing 79 not-for-profit, Safety Net Health Plans that collectively provide health coverage to more than 25 million people.

Rackspace Technology Epic Infrastructure Managed Services Increases Seattle Children’s Epic Electronic Health Record Availability
Rackspace Technology®, an end-to-end hybrid, multicloud, and AI technology services company, announced Seattle Children’s successfully implemented an Epic Electronic Health Records (EHR) system leveraging Rackspace’s Healthcare Cloud solution.

ZeOmega Supports Health Plan Alliance with Payvider Solutions
ZeOmega®, a population health management organization, announced that it will bring its payvider solutions to Health Plan Alliance (HPA), a collaborative network of health plans, hospitals, and physicians. HPA member Select Health, a health plan serving more than a million Americans, supported this engagement as it recently selected ZeOmega as its care management solution provider.

Venture Capitol and Funding

Limula raises CHF 6.2 million in oversubscribed Seed round to develop automated Cell and Gene Therapy manufacturing platform
Life Science Tools company Limula announces it has raised 6.2 million Swiss francs ($6.8 million) to take their solution for automating cell therapy manufacturing to the next stage of development.

CLOUD DX Update re: $9.4 Million Contract with British Columbia Provincial Health Services Authority
Cloud DX, a North American provider of virtual care and remote patient monitoring platforms is pleased to update investors regarding the terms of the Remote Patient Monitoring Agreement for Cloud DX RPM Services with a British Columbia Provincial Health Services Authority, initially announced on May 7, 2024.

SamaCare Secures $17M Series B Investment to Scale Specialty Drug Prior Authorization Platform
SamaCare, a cloud-based patient access platform for specialty medications, announced that it has closed an oversubscribed $17 million Series B investment round led by new investor Questa Capital.

Watershed Health: $13.6 Million Raised To Drive Patient Care Coordination Across The Healthcare Ecosystem
Watershed Health, a company driving patient care coordination across the healthcare ecosystem to reduce costs, enhance quality of care and improve patient outcomes, announced the completion of a $13.6 million funding round led by an investment from First Trust Capital Partners.

OncoveryCare Partners with Tennessee Oncology and Raises $4.5M Seed Round from .406 Ventures
OncoveryCare (formerly VivorCare) has closed an oversubscribed $4.5 million seed financing to launch its novel cancer survivorship care model.

Making the Cut, Milestones, Accolades, Awards and More

FDB Recognized as IndyStar Top Workplace for 8th Consecutive Year
FDB (First Databank, Inc.), a provider of drug knowledge that helps healthcare professionals make precise decisions, announced it has been recognized as a Top Workplace for 2024 in central Indiana by The Indianapolis Star Top Workplaces awards program. This is the eighth consecutive year the company has been recognized with the award.

Holy Name Medical Center Achieves Full Accreditation for its General Surgery Residency Program
Holy Name announced its Graduate Medical Education (GME) program has reached a new milestone after achieving full accreditation for the General Surgery program from the Accreditation Council for Graduate Medical Education (ACGME).

Other Business News

Carna Health Names Leadership Team and Presents Strong Results from Bermuda CKD Screening Program
Carna Health, a digital health company transforming kidney care, named its leadership team and released results from a chronic kidney disease (CKD) screening program in Bermuda as the first international recipient of a grant from the Bermuda Health Council Innovation Program.