Health IT Business News, Financial Edition – September 15, 2022

Trending News

MultiCare Launches Digital Care Journeys to Reduce Length of Stay, Readmissions, and Costs while Increasing Avg Contribution Margins by 19.9%
MultiCare an 11-hospital system is the largest, not-for-profit, community-based, locally-owned health system in the state of Washington, deployed SeamlessMD (@seamlessmd), a Digital Care Journey platform to engage and remotely monitor patients across five clinical areas.

MobileSmith Health Announces Go – Live at CHI St. Vincent Infirmary
MobileSmith (@TheMobileSmith), a provider of cutting-edge mobile software solutions, announces delivery and live status of their PeriOp solution at CHI St. Vincent Infirmary.

Medicomp Systems Awarded Patent for Intelligent Prompting of Protocols
Medicomp Systems (@MedicompSys), a physician-driven provider of diagnostically connected patient data solutions, announced that the United States Patent and Trademark Office (USPTO) has awarded Medicomp US Patent 10,600,505 for the intelligent prompting of protocols.

Mergers and Acquisitions

Clearwater and CynergisTek Complete Merger, Bringing Together Cybersecurity, Privacy, and Compliance Leaders
Clearwater (@ClearwaterHIPAA) announced that its planned merger with CynergisTek (@cynergistek) has been completed, bringing together two market leaders who are joining forces to serve the cybersecurity, privacy, and compliance needs of healthcare organizations, as well as those in other highly regulated industries.

Kyruus Announces Acquisition of Leading Digital Patient Engagement Company, Epion Health
Kyruus (@kyruus), a provider search and scheduling solutions for healthcare organizations, announced it will acquire Epion Health, a leader in digital patient engagement solutions. The two companies will join forces to offer healthcare organizations and providers a one-stop shop for patient access and engagement solutions.

Vālenz® Acquires Fourth Company: Health Cost Control Enhances Medical Cost Savings Solutions for Employers
Vālenz® announced it has acquired Health Cost Control Inc., a national provider of medical cost containment solutions with more than 25 years’ experience.

Intelerad Acquires Life Image, Establishing the Clear Medical Image Exchange Market Leader and Path to a Global Open Image Exchange Network
Intelerad Medical Systems (@intelerad), a global provider of enterprise imaging solutions, announced its acquisition of Life Image, one of the largest image exchange networks of curated clinical and imaging data, creating the largest medical image exchange network in the world and laying the groundwork for the elimination of costly CDs as the primary means of image transfer.

Contract Announcements

BrightInsight Selects Lyniate to Enhance Interoperability
BrightInsight, Inc. (@Brightinsightco), provider of a global platform for biopharma and medtech regulated digital health solutions, announced a strategic partnership with Lyniate (@lyniate), a global healthcare data interoperability company. BrightInsight selected Lyniate Envoy®, a managed service solution, to upgrade interoperability capabilities on its platform for regulated digital health solutions around the world.

Medical Research Institution Selects Inovalon to Empower Novel Analyses of Medicare Program
Inovalon (@InovalonInc), a provider of cloud-based software solutions empowering data-driven healthcare, announced a research collaboration with faculty in the Department of Health Care Policy at Harvard Medical School (HMS) to generate new insights about Medicare effectiveness and help drive improvements throughout the Medicare program.

100Plus Enables Sweetwater Medical Associates to Improve Patient Adherence and Health Metrics with AI-Assisted Remote Patient Monitoring
100Plus (@100plus), a Connect America company and Remote Patient Monitoring (RPM) platform for clinicians and patients, announced that Sweetwater Medical Associates has improved patient adherence and clinical health metrics through its artificial intelligence (AI) assisted RPM platform.

Three Additional Rural Georgia Counties Vote to Join the AmeriPro Health EMS/911 Platform
AmeriPro Health LLC, a portfolio of healthcare companies committed to making patient logistics and last-mile healthcare delivery more efficient and valuable, announced that three more rural Georgia counties have voted to transfer their EMS/911 services to AmeriPro EMS, an innovative operator of high-quality ambulance, mobile integrated health, and patient logistics services in the Southeastern United States. Implementation will take place over the next several months once the contracts are finalized.


Learnsoft Scales to Meet Increasing Training Demands for Highly Regulated Industries
Learnsoft (@learnsofttech), a technology comapny meeting the unique training needs of highly regulated service industries, announced the appointment of seasoned technology leader Robbie Abt as chief executive officer timed with the close of a $16.7 million Series A round of growth financing led by Elsewhere Partners.

iQure Pharma Secures $600K in Early Closing to Research Neuropathic Pain Therapies
iQure Pharma Inc. (iQure), a Princeton-based global biotech company, confirmed completion of Early Closing as part of its Series A investment, which will support ongoing research into non-opioid therapeutics for neuropathic pain.

Upfront Raises $10.5 Million in Oversubscribed Series C
Patient engagement and access platform Upfront announced an additional $10.5 million in funding to accelerate its growth and product development initiatives.

Enzee Health (formerly ZapIT! Medical) Secures Funding to Help Hospitals Improve Quality Assurance and Compliance Management
Enzee Health, formerly ZapIT! Medical, a cloud-based platform that helps measure compliance and quality to help hospitals provide better patient care, is announcing it has secured $1.5MM in seed financing, led by Rev1 Ventures with participation from Tamarind Hill, Harbor Street Ventures, M7 NEO,