Health IT Business News, Financial Edition October 19, 2023

Trending News

SeamlessMD Recognized as the Top Solution to Improve Outcomes in KLAS 2023 Emerging Solutions Top 20 Report
SeamlessMD (@seamlessmd), a Digital Care Journey platform that has been widely adopted across North America by leading hospitals and health systems was recognized in the 2023 KLAS Emerging Solutions Top 20 Report.

Getinge Acquires Healthmark Industries
Healthmark (@HmarkNews) announced that it has been acquired by Getinge, a Swedish public healthcare provider of innovative solutions for operating rooms, intensive-care units, sterilization departments, cardiovascular procedures and for life science companies and institutions. This strategic step enhances Getinge’s presence within sterile reprocessing in the US and facilitates a global expansion for Healthmark.

Waystar Announces Public Filing of Registration Statement for Proposed Initial Public Offering
Waystar Technologies, Inc. (@Waystar), a provider of healthcare payment technology, announced that its parent company, Waystar Holding Corp., has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of the parent company’s common stock.

Sphere Announces Agreement to Divest Commercial Division
Sphere (@SphereCommerce), a provider of end-to-end integrated payments and software, announced it has entered into an agreement to sell its Commercial Division, a business unit serving primarily non-integrated SMB retail customers, to NMI, a leading full commerce enablement company.

Ardian strengthens its commitment to Dedalus, driving the next phase of growth with a new investment and the appointment of a new Group CEO
A consortium led by Ardian, a private investment house, has agreed to acquire an additional 19% stake in Dedalus (@DedalusNorth), a Global player in the healthcare software industry, from founder Giorgio Moretti.

Medicomp Systems Reaches Healthcare Documentation and Interoperability Milestone with 10 Million Terminology Mappings
Medicomp Systems (@MedicompSys), a physician-driven provider of diagnostically connected patient data solutions, announced that it now has directly mapped over 10 million clinical codes and concepts across more than 12 terminologies to its MEDCIN clinical relevancy engine, helping clinicians quickly find patient-and-problem-specific information at the point of care and efficiently and accurately capture data for value-based care initiatives.

Brillio and Coats Group PLC Extend Partnership with a Five-Year Digital Infrastructure Services Agreement
Brillio (@brillioglobal), a digital transformation services and solutions provider, announced that it has been selected by Coats Group plc as its technology services partner to drive better business outcomes and increase customer satisfaction.

Mergers and Acquisitions

AHIMA Acquires HCPro
The American Health Information Management Association (@AHIMAResources) announced that it acquired HCPro and its associated brands from Simplify Compliance. HCPro is an industry leader in integrated information, education, training, and consulting products and services in healthcare compliance and revenue cycle management. The acquisition broadens the reach of both organizations.

Contract Announcements

OncoHost’s PROphet® Platform to Support Henlius US-Based Phase III Trial for Patients with Extensive-Stage Small Cell Lung Cancer
OncoHost (@OncoHost), a technology company transforming the approach to precision medicine for improved patient outcomes, announced a collaboration with Hengenix Biotech, Inc. (Henlius USA), affiliated with Shanghai Henlius Biotech, Inc., a global biopharmaceutical company with the vision to offer high-quality, affordable, and innovative biologic medicines for patients worldwide with a focus on oncology, autoimmune diseases, and ophthalmic diseases.

Brightside Health to Expand Telemental Health Access with Medicaid & Medicare Partnerships
Underscoring its commitment to serve vulnerable populations, Brightside Health (@withbrightside) will begin offering high-quality mental health care to Medicaid and Medicare beneficiaries.

Arrive working with Indiana hospitals to improve efficiency, safety and security
Arrive (@arrivesocials), the global market leader in the smart mailbox space, is working with Good Samaritan Hospital in Vincennes, Ind., and Community Health Network in central Indiana to pilot the use of its Mailbox-as-a-Service (MaaS) platform and will demonstrate its use at both facilities in early November.

CHRISTUS Health and Conduit Health Partners Expand Access to Care
CHRISTUS Trinity Clinic, the medical provider group of CHRISTUS Health (@CHRISTUSHealth), is collaborating with Conduit Health Partners to bring after-hours telephonic nurse triage care to their patients through Conduit’s nurse-first model where callers have immediate, timely access to a registered nurse during and after business hours. Conduit will also provide convenient scheduling services for those patients who need a provider appointment.

KeyCare and Remission Medical Join Forces to Increase Access to Virtual Rheumatology Care Across the Nation
KeyCare (@DrLyleMD), the nation’s first Epic-based virtual care company, announced that it has partnered with Remission Medical, a national virtual clinic for rheumatology, to deliver quick and convenient access to high-quality rheumatology care to patients across the United States.

FDA Selects Ontada to Investigate the Natural History of Rare Cancers Treated in the U.S. Community Oncology Setting
Ontada (@ontadaoncology), a McKesson business dedicated to leveraging oncology real-world data and evidence, clinical education, and provider technology, was awarded a competitive contract with the U.S. Food and Drug Administration (FDA) to advance the use of real-world data (RWD) in the U.S. community oncology setting.

FutureRx® Part D Stars Selected by Imperial Health Plans
FutureRx (FRx) announced that its innovative FRx cloud-based healthcare platform for health plans and pharmacy benefits managers (PBMs) will be implemented by Imperial Health Plan of California, Inc. to enhance medication adherence among its Medicare Advantage population.


Georgia State Receives $10M Grant to Advance Research in Artificial Intelligence, Robotics and Edge Computing
Jonathan Shihao Ji, a computer science professor at Georgia State University (@georgiastateu), has received a $10 million grant from the Department of Defense (DoD) to address critical problems in artificial intelligence (AI) and robotics with a focus on human-robot interaction, 3D virtual environment reconstruction, edge computing and trustworthy AI.

Making the Cut, Milestones, Accolades, Awards and More

MDClone Congratulates Intermountain Health for Earning 2023 HIMSS Davies Award of Excellence
MDClone, a data analytics and synthetic data company, extends its congratulations to Intermountain Health (@Intermountain) for recently being named a 2023 HIMSS Davies Award of Excellence recipient.

Pipestone County Medical Center Wins Avel eCare’s Inaugural Trailblazer Innovation Award
Avel eCare (@Avel_eCare), a national provider of clinician-to-clinician telemedicine services, announced the winner of its new Trailblazer Innovation Award, recognizing individuals and organizations for their transformative use of telemedicine. The inaugural recipient is Pipestone County Medical Center (PCMC), a rural community hospital in Minnesota recognized among the nation’s top 100 Critical Access Hospitals.

Trulla Recognized in KLAS 2023 Emerging Solutions Top 20 Report
SpendMend (@SpendMend), a provider of solutions to optimize the cost cycle for the healthcare industry, announced that the company’s pharmacy procurement software solution, Trulla, has earned recognition in the 2023 KLAS Emerging Solutions Top 20 Report.

Business Announcements

Relatient Announces Inaugural Customer Advisory Board to Accelerate Customer-centric Operations and Innovation
Relatient (@Relatient), a patient scheduling platform, has launched its inaugural Customer Advisory Board (CAB) with a goal of learning from and collaborating with healthcare industry leaders.