Health IT Business News, Financial Edition November 2, 2023

Trending News

Brillio Partners with Neener Analytics to Deliver Advanced Cognitive AI and Behavioral Biometrics Solutions
Brillio (@brillioglobal), a digital transformation services and solutions provider, announced a strategic partnership with Neener Analytics, a prominent data science company specializing in Cognitive AI, behavioral biometrics, and social media scoring, to build advanced cognitive AI and behavioral biometrics solutions for financial services organizations to elevate decision-making, mitigate risks, and optimize lending strategies.

NextGen Healthcare Reports Fiscal 2024 Second Quarter Results
NextGen Healthcare, Inc. (@nextgen), a provider of innovative, cloud-based healthcare technology solutions, announced its operating results for the fiscal second quarter ending September 30, 2023.

Mergers and Acquisitions

Uniguest expands presence and capabilities in healthcare through acquisition of pCare
Uniguest (@uniguest), a global company in digital engagement technology to multiple end markets, has announced the acquisition of pCare (@pCarebyTVRC), a New York-based provider of interactive patient engagement systems designed to improve patient outcomes and experience while making the work of healthcare teams safer and simpler.

PaxMedica Acquires Suramin Research Assets from Rediscovery Life Sciences to Accelerate NDA Submission for PAX-101
PaxMedica, Inc. (@PaxMedicaRX), a pioneering biopharmaceutical company specializing in cutting-edge treatments for neurological disorders, announced the successful acquisition of certain suramin research assets from Rediscovery Life Sciences (RLS).

Contract Announcements

University Hospitals Teams Up with Luna to Enhance Access to In-Home, In-Person, Outpatient Physical Therapy Services
University Hospitals (UH), a healthcare systems based in Cleveland, Ohio, has joined forces with Luna (@getlunacare), a provider of in-home, in-person outpatient physical therapy, to expand access to services.

Fujifilm Drives Rapid Adoption of Digital Pathology Technology – Welcomes Three New Synapse® Pathology Customers
FUJIFILM Healthcare Americas Corporation (@fujifilmus), a provider of diagnostic and enterprise imaging solutions, will digitize the pathology departments of three healthcare organizations, including the University Health Network (UHN), UVA Health, and Boston Children’s Hospital.

​​California Teens to Have Equitable Access to Mobile Mental Health Support
Inland Empire Health Plan, Molina Healthcare of California, and BeMe Health (@bemehealthcare) have joined forces to offer access to BeMe’s digital behavioral health platform, built with and for teens, to more than 72,000 teenagers across Riverside and San Bernardino counties. The initiative provides teens with secure access to engaging mental health content and skill-building activities, as well as 1:1 coaching and connections to clinical services and 24/7 crisis support.

Emory Healthcare and DrFirst collaboration aims to assist patients with medication adherence and affordability
Emory Healthcare, an academic health system in Georgia, is collaborating with health care technology pioneer DrFirst (@DrFirst) to help patients access and adhere to affordable, appropriate prescription medications for their health conditions and ailments.


CARI Health Awarded NIH Grant of up to $2.8M to Advance Remote Medication Monitoring
Digital health startup CARI Health (@carihealthinc) was awarded an SBIR Fast Track grant from the National Institute on Drug Abuse (NIDA), an agency of the National Institutes of Health (NIH), to help it bring the world’s first wearable medication monitor to market.

ACU-Serve Receives Growth Investment from Lovell Minnick Partners
ACU-Serve Corp., a provider of end-to-end revenue cycle management, announced that it has received a majority growth investment from Lovell Minnick Partners LLC, a private equity firm focused on investments in financial services, business services, and financial technology companies.

Making the Cut, Milestones, Accolades, Awards and More

Wolters Kluwer Applauded by Frost & Sullivan for Improving Healthcare Efficiencies, Quality, and Outcomes and for Its Competitive Strategies
Frost & Sullivan recently researched the conversational artificial intelligence in healthcare industry and based on its findings, recognizes Wolters Kluwer (@wkhealth) with the 2023 Global Competitive Strategy Leadership Award.

Vytalize Health Announces Over $1,000 in Savings Per Beneficiary for 2022 REACH ACO Results
Vytalize Health, a provider enablement platform, announced the results for its Realizing Equity, Access and Community Health (REACH) program in the 2022 performance year. Its REACH entity, PT Intermediate, generated an average of $1,343 saved per beneficiary. Vytalize Health ranks among the country’s largest and top-performing REACH ACOs, covering an estimated 240,000 patient lives for 2024 in Medicare’s most advanced value-based program.

The Joint Commission and Kaiser Permanente announce University of Chicago Medicine as recipient of 2023 Bernard J. Tyson National Award for Excellence in Pursuit of Healthcare Equity
The Joint Commission (@TJCommission) and Kaiser Permanente announce the University of Chicago Medicine as the recipient of the 2023 Bernard J. Tyson National Award for Excellence in Pursuit of Healthcare Equity.

Reveleer Earns 2023 Great Place to Work Certification
Reveleer (@reveleer), an AI-enabled healthcare technology data, and analytics company committed to advancing sustainable value-based care for health plans and risk-bearing providers, announced it has earned the prestigious “Great Place To Work® Certification.”

Other Business Announcements

SnapNurse Becomes SnapCare
SnapNurse, Inc. (@snapnurse), is relaunching as SnapCare™ and introducing a wave of innovative solutions that give healthcare organizations unprecedented control over workforce management.