Health IT Business News – June 21, 2018

Exit in Athenahealth Follows Invest or Strain and CEO’s Apology for Abuse
Athenahealth Inc. (@athenahealth) co-founder, Jonathan Bush, stepped down as president and chief executive amid takeover pressure from an activist hedge fund and roughly a week after apologizing for domestic abuse involving his then-wife more than a decade ago. The health-software company said that the departure of Mr. Bush was effective immediately and that the firm had begun exploring strategic alternatives, a move that could lead to a sale or other changes.

InstaMed Transforms Consumer Healthcare Payments Experience With The InstaMed Engage Solution
InstaMed (@InstaMed), healthcare’s most trusted payments network, announced the launch of the InstaMed Engage solution. The InstaMed Engage solution streamlines the end-to-end consumer healthcare payments experience from check-in through billing and payment from all consumer devices

Spok Joins Zebra PartnerConnect Channel Program
Spok, Inc. (@spoktweets), a provider in healthcare communications, announced its participation in Zebra Technologies’ PartnerConnect channel partner program. The program offers channel partners an opportunity to combine their expertise in technologies, applications and markets with the market leader in rugged mobile computers, barcode scanners and printers enhanced with software and services to enable real-time enterprise visibility. Spok will provide Zebra’s enterprise-class mobile devices to hospitals and health systems throughout North America to complement its leading clinical communication platform, Spok Care Connect®.

The Results are in: CareCloud MIPS Guarantee Program Earns Perfect Score
CareCloud (@carecloud), the platform for high-performance medical groups, announced that one-hundred percent of the clinicians submitting data through the company’s MIPS Success Guarantee Program will avoid penalties and are eligible for bonuses based on preliminary performance feedback provided by The Centers for Medicare and Medicaid Services (CMS). Additionally, 45% of the providers that submitted data through the CareCloud program earned scores placing them above the exceptional bonus threshold and thus eligible for additional positive payment adjustments in 2019.

Ambra Health Named Winner of 2018 SIIA Business Technology CODiE Award in Best Healthcare Technology Solution Category
Ambra Health (@ambrahealth), makers of the leading cloud-based, medical image management suite, announced the company was named a 2018 SIIA CODiE Award winner in the Best Healthcare Technology Solution category. Winners represent the best products, technologies, and services in software, information, and business technology.

Linguamatics iScite 2.0 Wins Bio-IT World’s Best of Show Judges’ Prize
Linguamatics (@linguamatics), a natural language processing (NLP) text analytics provider, announced that Bio-IT World has awarded Linguamatics the Best of Show Judges’ Prize for Linguamatics iScite 2.0, a software-as-a-service AI scientific search application that puts the power of text analytics directly into the hands of researchers and clinicians. iScite was one of 46 products considered for this prestigious award at last week’s Bio-IT World Conference & Expo in Boston.

ChartLogic EHR Earns 2015 Edition Certification for Promoting Interoperability
ChartLogic (@ChartLogic), a division of Medsphere Systems Corporation, announced that the company’s ChartLogic ambulatory electronic health record (EHR) has received 2015 Edition certification from the Office of the National Coordinator (ONC) for Health Information Technology. The certification evaluation was conducted by Gaming Laboratories International, LLC, dba SLI Compliance.

healtheConnect Alaska to Improve Patient Matching and Statewide Data Exchange with NextGate
NextGate (@NextGate), a healthcare enterprise identification provider, announced that healtheConnect Alaska (formerly, the Alaska eHealth Network) a leading health information exchange (HIE), has selected its Enterprise Master Patient Index (EMPI) as the foundation for enhanced care collaboration and patient identity management.

GlobalMed Simplifies Telehealth Costs for Clinicians with its New Cost Simplified Solution
GlobalMed® (@GlobalMed_USA), an international provider of telehealth solutions whose mission is to make healthcare more accessible, has announced a new healthcare business model that will make telehealth technology more affordable. The company introduced the GlobalMed Cost Simplified Solution at the American Telemedicine Association conference in April.

CareTaker Medical Completes $3.4M Investment to Expand Sales of Wireless “Beat-by-Beat” Continuous Blood Pressure and Vital Signs Monitor
CareTaker Medical, LLC, an innovator in Continuous Non-Invasive Blood Pressure and wireless Vital Signs monitoring announced completion of a $3.4M investment round led by IrishAngels, KOFA Healthcare and Jaffray Woodriff (executed by his family office, Felton Group, LLC), with participation from both new and existing individual investors. Proceeds will accelerate the company’s global commercialization activities for the FDA-Cleared, Wireless CareTaker® Continuous “Beat by Beat” Non-Invasive Blood Pressure (“CNIBP”) and Vital Signs monitor which enables untethered, continuous patient monitoring with a simple finger cuff. completes $20-million investment in caresyntax, raising caresyntax’s total first round financing to $31.9 million
Caresyntax (@caresyntax), a surgical data, analytics and automation company, announced it has successfully concluded its first funding round with a total of $31.9 million in collected funds. Norgine Ventures, a European business supporting innovative healthcare companies with debt-like financing, provided caresyntax with financing of up to €10 million ($11.9 million), and surgical.AI, a Berlin and Boston-based specialized healthcare artificial intelligence (AI) investor, invested $20 million. Be sure to review MACRA and the Integrated OR: A Basic Guide for Surgeons by CareSyntax.

Aspirion Health Resources Acquired, Second Exit of BIP Capital Healthcare Portfolio Company in Q2
Following a recent string of exits, BIP Capital Healthcare (@bipcapitalannounced the acquisition of portfolio company Aspirion Health Resources, netting a return of more than five times its initial investment. The healthcare technology startup uses a tech-enabled proprietary claims process to help hospitals mitigate the average $8.6 billion spent on claims-related administrative costs each year.

Tagnos Receives Cisco Investment
Tagnos (@tagnostweet), developer of clinical logistics automation solution for hospitals and clinics, announced that it has received funding from Cisco Investments through the Cisco Webex Innovation Fund to help support Tagnos’ 18-month-old integration with the cloud-based Webex app for continuous teamwork. In February, Tagnos, which already has hospital customers across the country, received series A funding of $5 million from Benhamou Global Ventures, Morpheus Ventures and Zebra Ventures, the investment arm of Zebra Technologies Corp.

EarlySense Gains Exclusive Rights to New Cardiac Predictive Analytics Tool Developed at University of Chicago
EarlySense (@EarlySense_Ltd), a provider of contact-free continuous monitoring solutions across the healthcare care continuum, announced it has signed a deal for exclusive global rights to a new version of the eCART predictive analytics score tool developed by Dr. Dana Edelson, Executive Medical Director of Rescue Care at the University of Chicago and expert in prediction and prevention of hospital cardiac arrest.

Aptus Health Acquires EngagedMedia
Aptus Health (@aptus_health)—a provider in multichannel engagement solutions—is pleased to announce its acquisition of the Atlanta-based company EngagedMedia. EngagedMedia provides a mobile-first messaging platform that enables life sciences companies to communicate and engage with patients based on real-time pharmacy claims data. By deploying timely, targeted messaging related to medication refills, pharmacy benefits status, and other aspects of support, EngagedMedia has created a unique, scaled mobile solution for life sciences companies to address the needs of individual patients who have been prescribed a specific medication by their healthcare professional (HCP).

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