Health IT Business News, Financial Edition – September 29, 2022

Trending News

Health Catalyst Reveals Catalyst Awards Winners Recognizing World-Class Healthcare Improvements
Health Catalyst, Inc. (@HealthCatalyst), a provider of data and analytics technology and services to healthcare organizations, announced the winners of its fourth annual Catalyst Awards.

After Divestment, HGS Healthcare Becomes Sagility, Unveils New Brand Identity
HGS Healthcare announced “Sagility” as its new brand identity. The company, a strategic partner for healthcare payers and providers, provides industry-leading technology and transformation-driven BPM services.

NextGen Healthcare Chosen by Oak Orchard Health to Enable Whole Person Care
NextGen Healthcare, Inc. (@nextgen), a provider of innovative, cloud-based healthcare technology solutions, announced that Oak Orchard Health, a federally qualified health center (FQHC) based in Brockport, New York, has chosen NextGen® Enterprise as its electronic health record (EHR) and Practice Management (PM) solution.

Contract Announcements

Norton Healthcare Leverages Workforce Technology from Hallmark Health Care Solutions to Power Its Internal Agency
Hallmark Health Care Solutions – a workforce technology firm – helps hospitals, health systems, and long-term care facilities reduce contract labor spend and hire more clinical staff. The meteoric rise of agency jobs for nurses and allied health professionals is still going strong, and hospital and health system leaders need a strategic, cost-effective way to balance supply and demand in the workforce. Many are finding recruitment success through an “internal agency” model using smart technology. Case in point: Norton Healthcare – a six-hospital system with hundreds of care locations in Kentucky and southern Indiana. Norton Healthcare has achieved 300+ clinical hires within seven months of launching their redesigned employment models within Norton Clinical Agency (NCA), powered by Einstein II.

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.

VHA Awards Dialysis Electronic Medical Record Software and Maintenance Electronic Health Record Contract to DSS, Inc.
Document Storage Systems, Inc. (@DSSHealthIT), a provider of health information technology (HIT) solutions for federal, private and public health care organizations, announced a contract award from the Veterans Health Administration (VHA) for the Dialysis Electronic Medical Record Software and Maintenance Electronic Health Record (EHR).

NVIDIA Medical Edge AI Computing Platform Selected by Top Robotic and Digital Surgery Startups
NVIDIA (@nvidia) introduced the NVIDIA IGX platform for medical edge AI use cases, bringing advanced security and safety to intelligent machines and human-machine collaboration. The platform supports Clara Holoscan, and now three leading startups, Activ Surgical, Moon Surgical and Proximie have announced their selection.

VAST Data Accelerates Analysis of Whole-Genome Sequencing Data by 4X at SeqOIA Medical Biology Laboratory
VAST Data (@VAST_Data), the data platform company for the AI-powered world, announced that the French medical biology laboratory specializing in genomic medicine, SeqOIA (Sequencing Omics Information Analysis Cooperative Health Group), has selected VAST’s all-flash Universal Storage data platform to accelerate and optimize the analysis of genetics data for medical diagnostics.

Funding

By-Latinos, For-Latinos Healthcare Startup Zócalo Health Closes $5 Million in Funding to Launch Primary Care Services
Zócalo Health (@zocalohealth), a Latino-founded healthcare service designed for Latino patients, announced $5M in seed funding co-led by Animo, Virtue, and Vamos Ventures.

Making the Cut, Milestones, Accolades, Awards and More

Veradigm Payerpath Ranks First in End-To-End Revenue Cycle Management (RCM) Software Technology from Black Book™ Research
Veradigm® (@Veradigm), a provider of healthcare data and technology solutions and a business unit of Allscripts Healthcare Solutions, announced that Black Book, a healthcare-centric market research and public opinion research and consulting company, has ranked Veradigm Payerpath™ first for 2022 in its End-To-End RCM Software Technology, Physicians Practices & Ambulatory Facilities/Groups Solutions category.

Qventus Recognized in 2022 Gartner® Hype Cycle™ Report for Real-Time Health System Technologies
Qventus (@qventus), a provider of AI-powered software for care operations automation, has been recognized in a 2022 Gartner® Hype Cycle™ report. Qventus was cited as a Sample Vendor in the Hype Cycle for Real-Time Health System Technologies (RTHS) report in two categories: RTHS Platform and Process Automation for healthcare.

Luna becomes the fasting growing physical therapy clinic nationally, and earns “Exceptional” Award from Medicare
Luna (@getlunacare) has become the fastest growing physical therapy (PT) clinic nationally1 with 6,183% growth in visits during the four consecutive years since it was founded in 2018. This is higher than any reported growth during the same time frame from any PT clinic group.