Auxilio has Acquired Healthcare IT Security Solutions Leader, CynergisTek for up to $34.3 Million
CynergisTek (@cynergistek), recently rated as the top healthcare security advisory firm by KLAS, was acquired by Auxilio (@AuxilioInc), a publically traded document management company, for $34M. As the dominant player in healthcare security, CynergisTek has seen unprecedented demand for its specific expertise by some of the nation’s largest hospital and health systems. With resources, technology and personnel from Auxilio and its subsidiaries, Redspin and Delphiis, CynergisTek can meet that demand, as well as deliver a more comprehensive security offering that unifies digital and print information management. In short, the deal is the lynchpin that will catapult the firm from industry favorite to a major public player.
Spok Announces Declaration of Special Dividend
Spok Holdings, Inc. (@spoktweets), a leader in critical communications, announced that its Board of Directors has declared a special cash dividend of $0.25 per common share. The total amount of the special dividend payment will be approximately $5.2 million, based on the current number of shares outstanding. The special cash dividend is payable on January 17, 2017, to stockholders of record on January 4, 2017.
Spok to Add 60 Employees in Minnesota to Support Accelerated Solution Development
Spok, Inc., a wholly owned subsidiary of Spok Holdings, Inc. and a provider in healthcare communications and collaboration, announced the company’s expansion of its Minneapolis/St. Paul presence by approximately 45 percent, with the addition of more than 60 employees over the next two years, the majority of which will be added in 2017. As part of Spok’s ongoing capital allocation strategy, which includes making key strategic investments in its product solutions and infrastructure, the company is increasing its world-class team to enhance Spok Care Connect, a unique healthcare communications platform that is transforming how hospitals coordinate care.
Pappas Capital and Wake Forest Innovations Announce First Investments by the Catalyst Fund
Pappas Capital (@PappasVentures) and Wake Forest Innovations (@wfinnovations) recently announced the first technologies to receive initial investment from the Catalyst Fund, the $15 million technology development program established by Wake Forest Baptist Medical Center in October 2015. Six early-stage novel technologies, all invented at Wake Forest Baptist Medical Center (@wakehealth) and being developed through Wake Forest Innovations, will receive a combined $595,000 investment from the Catalyst Fund to support their initial development.
SnapMD Closes Series A Extension, Bringing Total Capital Raised to $9.15 Million
Telemedicine technology innovator SnapMD (@snapmdinc) recently announced that it has closed an extension of its Series A financing in the amount of $3.25 million, bringing the total capital raised to date to $9.15 million. Participating investors included the original syndicate. SnapMD plans to use the latest financing to continue to innovate and develop its core product, the Virtual Care Management (VCM) telemedicine platform, and to expand the company’s sales and marketing efforts and drive revenue through its extensive channel partner program.
SnapMD Partners with athenahealth’s ‘More Disruption Please’ Program to Offer Private-Label Telemedicine Virtual Care Management Platform
Telemedicine technology innovator SnapMD announced a partnership with athenahealth, Inc. (@athenahealth) through athenahealth’s ‘More Disruption Please’ program, making SnapMD’s Virtual Care Management (VCM) private-label, cloud-based telemedicine platform available on the athenahealth Marketplace. A comprehensive telemedicine offering, SnapMD will now be integrated with athenaClinicals (EHR) and athenaCollector (revenue cycle management) services.
Healthcare Analytics-as-a-Service Company, d2i, Closes Series B Round of Funding
d2i, formerly Emergency Medicine Business Intelligence, a provider of Analytics-as-a-Service healthcare performance dashboard and data acquisition services, has closed its second round of financing. Led by Series A industry veterans Howard Goldstein of Cortlandt Private Capital, John Martinson of Martinson Ventures, and Parag Saxena’s Beta Operators Fund, the Series B round also includes eight additional investors.
Reputation.com Accelerates Growth with $20M Investment Led by Strategic Healthcare Fund
Reputation.com (@Reputation_Com), a provider of Online Reputation Management technology and services, announced that it has received a significant investment from Ascension Ventures, a prominent strategic healthcare fund which is funded by many of the nation’s leading non-profit health care systems. Together with additional investments from existing major backers — including August Capital, Bessemer Venture Partners, Icon Ventures, Kleiner Perkins, and Focus Ventures — the new round of funding totals $20 million.
Fitbit Announces Integration With Qualcomm Life’s 2net Platform to Help UnitedHealthcare Motion Program Participants Earn Up to $1,500 in Annual Rewards
Fitbit (@fitbit), the global leader in the connected health and fitness market, announced the addition of Fitbit Charge 2 into the recently expanded UnitedHealthcare Motion wellness program, powered by Qualcomm Life, Inc., a wholly owned subsidiary of Qualcomm Incorporated (@Qualcomm). Offered to employers by UnitedHealthcare, UnitedHealthcare Motion is an employer-sponsored wearable device wellness program that will soon enable people using Fitbit Charge 2 to track against the program’s activity metrics easily and conveniently – right on-wrist.