Health IT Business News, Financial Edition – October 27, 2022

Trending News

NextGen Healthcare Reports Fiscal 2023 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 ended September 30, 2022.

Global Digital Health Intelligence Company Galen Growth and Integrated Marketing Agency FINN Partners Combine Strengths to Magnify Insights for the First “Global State of Digital Health Report”
Galen Growth (@GalenGrowth), a digital health, data-driven market intelligence company, and FINN Partners, a global integrated marketing services agency, announced a joint effort to mine data and produce the first “Global State of Digital Health Report.”

Mergers and Acquisitions

DexCare and WompHealth Combine to Bring the Best of eCommerce to Healthcare While Creating New Digital Discovery Solutions
DexCare, Inc., a data-driven intelligence company focused on creating exceptional healthcare access experiences for everyone, has acquired preeminent eCommerce and online merchandising technology company, Womp, Inc.

CheckedUp Acquires Health Media Network
CheckedUp (@checkedup), a provider of 100% digital healthcare solutions at the point of care, announced that it has acquired Health Media Network, a provider of digital healthcare solutions and wellness content to health venues across the country.

Contract Announcements

OSF HealthCare Implements CareSignal’s Deviceless Remote Patient Monitoring
OSF HealthCare selected CareSignal, a Lightbeam company (@LightbeamHealth), to offer Deviceless Remote Patient Monitoring® (RPM) and help power its enterprise-wide digital health solution, OSF OnCall Connect.

Sinai Medical Group Selects Conifer Health Solutions to Support Revenue Cycle Operations
Conifer Health Solutions (@coniferhealth), a provider of comprehensive Physician Revenue Cycle Management (PRCM) outsourced services, announces a five-year partnership with Sinai Medical Group (SMG) in Chicago, Illinois.

Cohere Health and Humana Expand Partnership to Further Improve Physician and Member Experiences
Cohere Health (@CohereHealth), a company in intelligent utilization management (UM) technology, announced that Humana Inc. will expand its use of Cohere’s digital UM collaboration platform to enable seamless prior authorization for cardiovascular and surgical services.

Eviset Selected by Amazon Web Services’ (AWS) Health Equity Program
Eviset announced that it has been selected for Amazon Web Services (AWS) Health Equity Initiative, a $40 million, three-year commitment, supporting organizations that are developing solutions to advance health equity. Eviset is a tech start-up developing a data-driven, B2B marketplace for social care providers to optimize matching of community-based organizations (CBOs) with funding and healthcare sector contracting opportunities.


COTA Announces New Financing from Deerfield Management and Prior Investors To Accelerate Cancer Research and Treatment Innovation
COTA, Inc. (@cotahealthcare), an oncology real-world data and analytics company, announced its latest financing by an investment fund managed by Deerfield Management, a healthcare investment firm.

Electronic Caregiver Announces the closing of an additional $42.5 Million in Funding to Accelerate Expansion
Electronic Caregiver (@ElectronicCare), a digital health technology and services company, announced the successful closing of the company’s latest funding round, which raised an additional $30 million + warrant exercise for a total of $42.5 million. More than 90 percent of the funds came from repeat investors.

Third Quarter Reports

Philips’ Third-Quarter Results 2022
Philips’ (@PhilipsHealth) Q3 performance impacted by operational and supply challenges; company is taking immediate actions to restore performance.

HealthStream Announces Third Quarter 2022 Results
HealthStream, Inc. (@HealthStream), a provider of workforce and provider solutions for the healthcare industry, announced results for the third quarter ended September 30, 2022.