Health IT Business News, Financial Edition September 14, 2023

Trending News

NextGen Healthcare Enters into Definitive Agreement to Be Acquired by Thoma Bravo
NextGen Healthcare, Inc. (@nextgen), a provider of innovative, cloud-based healthcare technology solutions, announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a software investment firm.

Brillio Announces Investment by The Orogen Group
Brillio (@brillioglobal), a digital transformation services and solutions provider, announced a significant milestone in its growth journey with the addition of The Orogen Group as a strategic investor. Financial terms of the private transaction were not disclosed.

LexisNexis Risk Solutions Honored with Company of the Year Award from Frost & Sullivan
LexisNexis® Risk Solutions (@LexisNexisRisk) has received a Best Practices Company of the Year Award in the global fraud detection and prevention industry from Frost & Sullivan. This top honor recognizes LexisNexis Risk Solutions for its visionary innovation, market-leading performance and unmatched customer care.

Atlantic.Net Named “Top InfoSec Innovator” in Cyber Defense Magazine’s 11th Annual InfoSec Awards
Atlantic.Net (@atlanticnet) has been named a finalist for the Top InfoSec Innovator from Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine.

Mergers and Acquisitions

PracticeTek and Integrated Practice Solutions Merge to Create One of the Nation’s Largest Retail Healthcare Solutions Providers
PracticeTek, a provider of software and payments solutions to the retail healthcare market, announced it has merged with Integrated Practice Solutions, a practice management and electronic health record software platform to form one of the nation’s largest retail healthcare solutions providers.

Contract Announcements

pCare Smart Room of the Future Featured at the New Moffitt Cancer Center McKinley Hospital
pCare (@pCarebyTVRC), announces its partnership with Moffitt Cancer Center, the only National Cancer Institute–designated Comprehensive Cancer Center based in Florida, for the ongoing integration and support of its end-to-end interactive patient care system (IPS) into the new inpatient surgical facility, Moffitt Cancer Center McKinley Hospital.

Gastro Care Partners Chooses ModMed to Help Accelerate its Operational Excellence
Practice technology company ModMed (@modmed) announced that Gastro Care Partners, the largest provider of gastroenterology and ancillary patient treatment services in Colorado and Wyoming, is implementing ModMed’s gGastro® specialty-specific solution across its rapidly growing organization, delivering care through more than 45 providers in multiple ambulatory surgery and practice locations.

Huntington Health Partners with Marvin Behavioral Health to Prioritize Physician and Medical Staff Wellness
Marvin Behavioral Health, a company in virtual mental health services for healthcare professionals, is excited to announce its partnership with Huntington Health, an affiliate of Cedars-Sinai, in Pasadena, CA, for their physicians and medical staff.

Luna and Adventist Health Partner to Improve Access to In-Home, Outpatient Physical Therapy Across Los Angeles
Luna (@getlunacare), the provider of in-home, in-person physical therapy, and Adventist Health Simi Valley, a nonprofit, integrated health system serving more than 80 communities on the West Coast, have announced a partnership to improve access to in-home, in-person outpatient physical therapy across the greater Los Angeles area.

ChristianaCare Partners with AblePay to Provide Cost Savings and Improve the Patient Billing Experience
ChristianaCare (@christianacare) is making it easy for patients to understand and pay their medical bills through a partnership with AblePay, a free health care consumer program that provides savings, flexible payment options and a convenient way to pay out-of-pocket medical expenses.

East Tennessee Health Information Network (etHIN) Solves Duplicate Records Problem with Help of 4medica
4medica (@4medica), a renowned healthcare data quality leader specializing in enterprise master person index (eMPI) matching technology and real-time interoperability, announced that they have assisted etHIN with their work in management of duplicate patient records at East Tennessee Health Information Network (etHIN).


Gilbert Family Foundation Contributes Nearly $375 Million in Partnership with Henry Ford Health
The Gilbert Family Foundation (GFF), Henry Ford Health (@henryfordhealth) and Shirley Ryan AbilityLab announced a historic partnership to bring a 72-bed state-of-the-art physical medicine and rehabilitation facility to Detroit.

Making the Cut, Milestones, Accolades, Awards and More

Inovalon Recognized as #1 Ranked Cloud-Based Data Platform Provider for Healthcare by Black Book Research
Inovalon (@InovalonInc), a provider of cloud-based software solutions empowering data-driven healthcare, announced that following an assessment of 143 solution providers, Black Book Research has once again recognized Inovalon as the Top-Ranked Cloud-Based Data Platform for its robust data integration and predictive analytics that are part of its Converged SaaS suite of products.

CNS Pharmaceuticals Reaches Milestone with Enrollment of 200 Patients in Ongoing Potentially Pivotal Study
CNS Pharmaceuticals, Inc. (@cns_pharma), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, announced that 200 of the expected 243 patients have now been enrolled in the Company’s ongoing potentially pivotal study evaluating Berubicin for the treatment of recurrent GBM, an aggressive and incurable form of brain cancer.

PeriGen Recognized as Top Contender in Women’s Health – A Quarterfinalist in the Digital Health Awards
PeriGen (@PeriGen), the global company in AI powered perinatal care solutions, has been selected as a quarterfinalist for the prestigious Digital Health Awards, presented by the Digital Health Hub Foundation. PeriGen was chosen as a quarterfinalist for the Best in Class Women’s Health Category.