Health IT Business News – January 20, 2022

Trending News

CareCloud Reinvents its Healthcare Analytics and Business Intelligence Platform, PrecisionBI
CareCloud, Inc. (@CareCloud), a provider of healthcare technology solutions for medical practices and health systems nationwide, announced the release of PrecisionBI (PBI) version 7, which represents a fundamental platform upgrade to support existing clients and drive additional growth. With this release, PBI – CareCloud’s healthcare analytics and business intelligence platform – is now fully cloud-based, far more scalable, and both browser and platform agnostic.

Healthmark Industries Offers New Eye Wash Temperature Check Tag
Healthmark Industries (@HmarkNews is delighted to introduce the Eye Wash Temperature Check Tag to its Labeling product line.

SonarMD Launches Medical Advisory Board to Guide Strategic Development
SonarMD (@sonarmd), a value-based care coordination solution for complex chronic diseases, announced the formation of a medical advisory board representing patient advocates, commercial payers and clinical providers. The new board will support continued improvements in the value of care for patients with complex chronic diseases, beginning with gastrointestinal disease, as SonarMD scales for growth in 2022.

Virsys12 Announces Updates to V12 Network and V12 IPD on Salesforce AppExchange, the World’s Leading Enterprise Cloud Marketplace
Virsys12 (@Virsys12) announced it has updated V12 Network on Salesforce AppExchange and V12 Intelligent Provider Directory (IPD) on Amazon Web Services (AWS) and Heroku to provide healthcare organizations with new ways to save time and money in building and managing information about providers. This update also ensures that the information is accurate and regularly updated – even when it is gathered from many disparate sources.

Collaboration News

Curebase and Persephone Biosciences Partner in Clinical Trial of Colorectal Cancer Among Diverse Populations
Curebase (@CurebaseDCT), a company committed to democratizing access to clinical studies, and Persephone Biosciences, a privately held company investigating the human microbial ecosystem’s effect on therapeutic treatment, announced a collaboration for the long-term clinical study of patients with colorectal cancer (CRC) to develop prevention strategies and better treatment options.

Global Health Technology Platform – Proximie – Announces Partnership With Vodafone Business to Increase Access to Surgical Healthcare and Training
Proximie (@proximiear), the global health technology platform digitising operating rooms around the world, announces a partnership with Vodafone Business.

The Center for Breakthrough Medicines and the University of Pennsylvania Partner in the Manufacturing of Gene Therapies
The Center for Breakthrough Medicines (@CBM_CDMO) and the University of Pennsylvania’s Gene Therapy Program (GTP) have signed a landmark collaboration agreement, to combine Penn’s knowledge and expertise in the development of gene therapies with CBM’s manufacturing capacity and singular focus on advanced therapies.

Truveta and LexisNexis Risk Solutions Partner to Advance Health Equity and Health Research Quality
Truveta (@Notified), the health system-led company with a vision of saving lives with data, and the Health Care business of LexisNexis Risk Solutions, a provider of healthcare optimization data and patient linking technology, announced a strategic partnership that will improve the quality of all health research and enable new insights on health equity in our country.

Product News

New clinical evidence workflow solution from Wolters Kluwer accelerates research activity supporting evidence-based practice
Wolters Kluwer, Health (@Wolters_Kluwer) announced the launch of Ovid® Synthesis, a new suite of applications to power highly effective evidence-based workflows in the healthcare setting that complement Ovid’s premium medical content.

Proscia and Datavant Partner to Connect Pathology Data Ecosystem for Life Sciences R&D
Proscia (@ProsciaInc), a company offering digital and computational pathology solutions, and Datavant, a company helping organizations securely connect health data, announced a partnership that will provide life sciences companies with digitized pathology data to power the development of novel therapeutics and diagnostics. The partnership brings together Datavant’s patient privacy-preserving connectivity technology and the largest U.S. health data ecosystem with Proscia’s Concentriq® digital pathology platform.

Vibrent Health Integrates Electronic Health Recordsinto its Digital Research Platform, Empowering Participantsto Share Their Data for Clinical Research
Vibrent Health (@VibrentHealth), a health technology startup powering the future of precision health research, announced the integration of electronic health record (EHR) data into its Digital Health Solutions Platform, a platform that enables collection of health data from broad sources including biospecimens, genomics, environment, lifestyle and behavior, and wearable device data for clinical research and trials. Vibrent Health supports leading FHIR-enabled EHR vendors such as Epic and Cerner to ensure that their systems are seamlessly interoperable with the DHS Platform.

Turquoise Health Launches New Verified Program with Houston Physicians’ Hospital as the First Price Transparency Hospital
Turquoise Health (@TurquoiseHC) announced that Houston Physicians’ Hospital is the first Turquoise Verified hospital on its platform. Turquoise Verified is a free program that highlights pioneering providers who are going beyond the Hospital Price Transparency Final Rule. Verified Providers will receive a checkmark on the platform profile page allowing patients to quickly view compliant locations in their area for healthcare services.

SxanPro Launches Industry-Leading Surplus Healthcare Inventory Solution
SxanPro, a healthcare inventory technology company, announced the launch of JUDI™ and MRKT, digital solutions for managing and monetizing surplus supplies. SxanPro continues to partner with healthcare facilities to help effectively manage their medical supply and capital asset inventories. The company leverages technology to replace manual inventorying processes allowing healthcare facilities to save time and resources which can be redirected at improving patient care.

Product Certification News

CareJourney Announces HITRUST CSF Certification
CareJourney (@CareJourney), a value-based healthcare analytics company, announced that the company has achieved HITRUST Certified status for data security. HITRUST CSF Certification is a recognition that CareJourney, with data on over 270 million lives, adheres to the highest standards for healthcare data security and privacy. CareJourney is one of the first value-based analytics companies to achieve the HITRUST CSF certification.

Financial News

Stryker Announces Definitive Agreement to Acquire Vocera Communications
Stryker announced  a definitive merger agreement to acquire all of the issued and outstanding shares of common stock of Vocera Communications, Inc. (@voceracomm) for $79.25 per share, or a total equity value of approximately $2.97 billion and a total enterprise value of approximately $3.09 billion (including convertible notes).

mPulse Mobile Acquires HealthCrowd and Receives Growth Investment from PSG
mPulse Mobile (@mpulsemobile), a company in conversational AI and digital engagement solutions for the healthcare industry, announced its acquisition of HealthCrowd, a communications platform-as-a-service innovator focused primarily on the Medicaid market. Also today, mPulse announced a growth investment from PSG, a growth equity firm partnering with middle-market software and technology-enabled services companies.

Quris Closes $28 Million in Seed Funding From Top Institutional Investors
Quris, an artificial intelligence (AI) innovator disrupting the pharmaceutical arena, announced the final close of $28 million in seed funding – inclusive of the initial $9 million announced late last year with the launch of Quris’s BioAI platform for clinical prediction. Led by Welltech Ventures with participation from iAngels, GlenRock Capital, and others, the funding will fast-track Quris’s novel drug research and development, team expansion and partner-building efforts as it scales to rapidly scan 100s of drug candidates to train its AI engine in its mission to revolutionize the drug development process.

Caregility Secures $25 Million in Additional Funding
Caregility (@caregility), a company dedicated to connecting care wherever patients are with its Caregility virtual care platform, announced that it has secured an additional $25 million in funding to help accelerate its market growth and innovation.

DexCare Closes $50M Series B Funding Led by Transformation Capital to Advance Its Digital Care Operating System
DexCare, Inc., a data-driven intelligence company focused on healthcare access, announced a $50M Series B funding led by Transformation Capital, with participation from all existing investors, Kaiser Permanente, Providence Ventures, Mass General Brigham, Define Ventures, Frist Cressey Ventures, and SpringRock Ventures. In less than one year, DexCare has closed two oversubscribed funding rounds totaling $71M to-date.

Digital Health Leader Verana Health Secures $150M Series E Funding Round
Verana Health (@veranahealth), a digital health company that delivers quality drug lifecycle and medical practice insights from an exclusive real-world data network, announced a $150 million Series E funding round led by Johnson & Johnson Innovation – JJDC, Inc. (JJDC) and Novo Growth, the growth-stage investment arm of Novo Holdings.

Capital Health and St. Francis Medical Center Sign Definitive Agreement for Capital Health to Acquire St. Francis
Capital Health (@capitalhealthnj) and St. Francis Medical Center, a member of Trinity Health, have entered into a definitive agreement to move forward with Capital Health’s acquisition of St. Francis Medical Center.

Contract News

Atlantic Health System Takes Consumer Convenience to the Next Level with Online Scheduling from Kyruus
Kyruus (@kyruus), a company in provider search and scheduling solutions for health systems, announced that Atlantic Health System, a non-profit health system based in New Jersey, has expanded its use of the Kyruus ProviderMatch® platform to offer consumers convenient online scheduling on its website.