Health IT Business News – July 18, 2019

Financial News

Waystar Acquires Digitize.AI to Automate Prior Authorization
Waystar (@Waystar), a provider of revenue cycle technology announced the acquisition of Digitize.AI, an artificial intelligence technology firm providing the healthcare industry with faster and smarter prior authorizations.

Stratasan Secures $26 Million Investment Led by Fulcrum Equity Partners
Stratasan, LLC (@stratasan), a Nashville-based healthcare data analytics software provider, is pleased to announce it has completed a $26 million investment round led by Fulcrum Equity Partners with participation from Frist Cressey Ventures, Blue Heron Capital, Bridge Bank and Company management. Stratasan will use this capital to further expand its product offerings as well as invest in its sales, marketing, and customer success teams.

iMedX Launches Industry Leading Analytics and Business Intelligence with Acquisition of Prevalent, Inc. and Axcension, Inc.
iMedX, Inc. (@iMedX), an international provider of revenue cycle management, medical documentation, and health information solutions, has successfully completed the acquisition of Prevalent, Inc. (Prevalent) and Axcension, Inc. (Axcension). Both Axcension and Prevalent are proven providers of cutting-edge healthcare analytics and revenue cycle management consulting services.

Rhapsody and Corepoint Merge to Advance Interoperability in Healthcare
Rhapsody (@RhapsodyHealth), a provider of healthcare data interoperability services, announced that the company will merge with Corepoint Health (@CorepointHealth), the supplier of the Best in KLAS® healthcare integration platform. The transaction will bring together two companies at the forefront of interoperability and create a dynamic combination of technology, talent, services, and trusted customer relationships to address the most complex healthcare interoperability challenges.

GNS Healthcare Raises $23 Million Led by Cigna Ventures
GNS Healthcare (@gnshealthcare), a precision medicine company, announced a $23 million Series D fundraising round, led by Cigna Ventures, a strategic corporate venture capital partner and wholly owned indirect subsidiary of Cigna Corporation (NYSE: CI). Joining the Cigna Ventures-led funding round were Amgen Ventures, Celgene, Echo Health Ventures, Alexandria Venture Investments, as well as former Caesar’s CEO and Aetna Division President Gary Loveman.

A Statement from the CEO of Surescripts
In order to address allegations made by the Federal Trade Commission, Tom Skelton, Chief Executive Officer of Surescripts (@surescripts), released in a statement that counsel has filed a motion to dismiss based on the facts and merits of the case.

Product News

Allscripts offers a new option for Microsoft’s HealthVault users to transition their health data
Allscripts (@Allscripts) announced its patient and consumer engagement platform, FollowMyHealth, as a platform for existing Microsoft HealthVault users to transition and share their health data with family, friends or their home care team when required. FollowMyHealth offers a streamlined option for users to export their existing data and continue tracking their health online or through its mobile apps on iOS and Android. HealthVault will be retired on November 20, 2019.

Medsphere Adds CloudMedx Artificial Intelligence to CareVue EHR Platform
Medsphere Systems Corporation (@MedsphereH), a provider of affordable and interoperable healthcare information technology (IT) solutions and services, announced the addition of Artificial Intelligence (AI) capabilities to the company’s comprehensive CareVue electronic health record (EHR) platform. CareVue’s complete clinical and financial suite of applications now includes an AI engine developed by CloudMedx that gives clinicians and administrators the power to pull meaningful and actionable insights from system data.

Nurse-Family Partnership Launches New Digital Platform to Amplify Program’s Impact
Nurse-Family Partnership ®, (@NFP_nursefamily) a national program serving first-time moms and their children living in poverty, has launched a new mobile goal-setting platform, called Goal Mama, to support improved health and life outcomes for moms and their babies. This is the first app of its kind for a home visiting program and was developed exclusively for Nurse-Family Partnership moms. The HIPAA-compliant app and nurse dashboard was co-designed with Hopelab, a social innovation lab, and developed on Empower, the behavioral-science based software platform from Ayogo (@ayogo).

Innovaccer Launches Data Activation Solution to Enable ACOs’ Seamless Transition to Value-Based Care
To assist accountable care organizations in gathering drilled down insights into their network and enhance their shared savings, Innovaccer Inc. (@innovaccer), a San Francisco-based data activation company, announced the launch of its ACO solution. The solution offers fast and reliable integration of data with 200+ pre-built connectors. It aggregates, analyzes, and activates healthcare data from all over the network and enables interoperability within the organization to improve the overall quality of care.

Contract News

TriHealth Enhances Its Consumer Access Experience with Patient-Provider Matching Solution from Kyruus
Kyruus, a company delivering provider search and scheduling solutions for health systems, announced that TriHealth, a Cincinnati-based, not-for-profit health system, has implemented Kyruus ProviderMatch® for Consumers to boost online patient acquisition and engagement. The solution is helping TriHealth better showcase its network of providers and enable consumers to pinpoint those best aligned with their unique needs.

AdhereHealth Selects Paxata to Accelerate Medication Adherence Solution Implementations Through Adaptive Data Preparation Technologies
Paxata, the pioneer in self-service data preparation, announced that AdhereHealth™, a leading healthcare technology company focused on medication adherence, has deployed the Paxata Adaptive Information Platform so their managed care and self-insured employer partners can improve the speed of quality data integration.

Collaboration News

Microsoft and Providence St. Joseph Health Announce Strategic Alliance to Accelerate the Future of Care Delivery
Microsoft Corp. (@MSFTnews) and Providence St. Joseph Health announced a multi-year strategic alliance to accelerate the digital transformation of health care. The alliance will combine the power of Microsoft’s cloud, artificial intelligence (AI), research capabilities, and collaboration tools with the clinical expertise and care environments of Providence St. Joseph Health, one of the largest health systems in the country.