Health IT Business News – March 24, 2022

Trending News

Lyniate and NextGate Announce Merger Agreement, Advancing Healthcare Interoperability Leadership
Lyniate (@lyniate), a global leader in healthcare data interoperability, and NextGate (@NextGate), a pioneer in healthcare identity resolution and Enterprise Master Person Index (EMPI), have entered into a definitive merger agreement. This strategic combination will help meet increased market demand for more advanced interoperability solutions that address data quality as well as data-sharing, and extends Lyniate’s interoperability leadership, raising the bar for healthcare interoperability sophistication.

EHNAC and HITRUST Partner to Strengthen Privacy and Security Requirements for Trusted Network Accreditation Program (TNAP)
The Electronic Healthcare Network Accreditation Commission (@EHNAC) and HITRUST® announced a partnership to strengthen the framework of the Trusted Network Accreditation Program (TNAP). TNAP seeks to promote interoperability by assuring the security and privacy of trusted networks and the use of enabling technologies in the healthcare ecosystem. The program provides third-party review with accreditation for Trusted Exchange qualified health information networks and participants, addresses existing security and privacy compliance mandates and aligns with new TEFCA regulatory requirements.

Consensus Cloud Solutions Acquires Summit Healthcare
Consensus Cloud Solutions (@consensuscs) announced that it has acquired Summit Healthcare. The deal was finalized on February 4, 2022. The combination of Summit Healthcare’s technology solutions and services with Consensus Cloud Solution’s advanced cloud and NLP/AI capabilities will provide many benefits throughout the continuum of care, including improved staff productivity and care continuity, which will positively impact health outcomes.

Financial News

IntelyCare Hires Key C-Level Executives, Continues U.S. Expansion After Tripling Revenue in 2021 and Seeing Continued Growth in Q1
IntelyCare (@intelycare), a tech-enabled nurse staffing platform for healthcare facilities in the United States, announced exceptional growth for 2021, more than tripling its revenue from the previous year. The growth marks the fourth straight year that the company has at least doubled its revenue year-over-year.

symplr Purchases GreenLight Medical, Leading Provider of Healthcare Supply Chain Management Software
symplr (@symplr), a company in enterprise healthcare operations, backed by Clearlake Capital Group, L.P. and Charlesbank Capital Partners, announced that it has entered into an agreement to purchase GreenLight Medical, Inc. (@glightmedical), a provider of healthcare supply chain management software.

DeliverHealth Acquires PresidioHealth, Expanding its Software Platform to Speed Up Appropriate Reimbursement
DeliverHealth, (@deliverhs), a global provider of technology-enabled solutions for hospitals, health systems and group practices, announced it has acquired San Francisco-based PresidioHealth, a healthcare technology and clinical intelligence company. The acquisition adds innovative software capabilities to DeliverHealth’s platform-as-a-service, improving coding quality, coding production and physician documentation, accelerating the reimbursement cycle for physician groups, free-standing ERs, and urgent care centers.

Canopy Launches Out of Stealth With $13 Million to Help Oncology Practices Adopt a Proactive Care Delivery Model
Canopy, the Intelligent Care Platform (ICP) for oncology, announced it has raised $13 million in funding led by GSR Ventures, with participation from Samsung Next, UpWest, and other industry leaders and executives, such as Geoff Calkins (former SVP Product, Flatiron Health), and Chris Mansi (CEO Of Viz.AI).

OpenLoop Raises $8M Series A to Expand Full Stack, Whitelabel Telehealth Services
OpenLoop (@openloophealth), a health tech company delivering full stack clinical support to companies launching and scaling virtual care services across the nation, announced their Series A financing of $8 million. The latest capital brings OpenLoop’s total raised to approximately $11 million.

Avive Secures $22 Million in Series A Funding to Advance Intelligent AED and Lifesaving Platform for Out-of-Hospital Cardiac Arrest
Avive Solutions, Inc. (@avivesolutions), developer of an intelligent AED and connected response platform for out-of-hospital cardiac arrest (OHCA) emergencies, announced that it closed a $22 million Series A round of financing co-led by Questa Capital, Catalyst Health Ventures and repeat investor Laerdal Million Lives Fund. This funding will be used to advance a new technology-enabled approach for improving OHCA survival rates. Ryan Drant, founder and managing partner of Questa Capital, and Darshana Zaveri, managing partner of Catalyst Health Ventures, both joined the Avive board in connection with the financing.

Product News

Inovalon Launches Industry’s First Converged Risk Adjustment and Quality Measurement Analytics SaaS Solution
Inovalon (@InovalonInc), a provider of cloud-based platforms empowering data-driven healthcare, announces the availability of Inovalon Converged Risk Analytics, the industry’s first SaaS solution to provide health plans self-service access to both risk adjustment analytics and quality measurement analytics through a single SaaS platform. This enables health plans to more quickly, effectively, and efficiently predict and resolve a more holistic set of care needs for members at an individual, cohort, or plan level through one converged solution.

DeliverHealth Unveils Its Connected Platform for Providers, Clinicians and Patients
DeliverHealth announced the official launch of the DeliverHealth Platform. Built to unify the point solutions in healthcare, the cloud-based software suite clears the way for essential, resilient connections among providers, clinicians and patients.

New Population Risk Management Solution Improves Medication Adherence to Reduce Readmissions and Support Value-Based Care
To support population health initiatives and improve patient outcomes, health technology pioneer DrFirst (@DrFirst) announced the availability of MedHx PRM as part of its Medication Management Suite.

4medica Renews Focus on Improving Healthcare Data Quality in 2022
4medica (@4medica), a provider of healthcare data quality and patient matching technology, announced that they have renewed their focus on healthcare data quality in 2022 through a new website, branding and continued efforts to improve data quality in healthcare.

Rhinogram Announces Addition of RhinoCall to its Virtual Care Platform
Rhinogram (@rhinogram), a cloud-based, HIPAA-compliant virtual care platform, announced the integration of RhinoCall to its platform. The new feature enables providers using the Rhinogram platform to compliantly make outbound calls from any device, displaying one consistent phone number (e.g., the practice’s office number).

Sphere’s Integration with Epic MyChart Now Supports Google Pay™ and Apple Pay®
Sphere (@SphereCommerce), a provider of end-to-end integrated healthcare payments and security software, announced that its TrustCommerce platform supports Google Pay™ and Apple Pay® within its Epic MyChart integration.

Turquoise Health Launches Transparency Scorecard in Beta, Makes Assessment Public
Turquoise Health (@TurquoiseHC) has launched their Price Transparency Scorecard, a beta search tool that allows customers to assess the health of a hospital’s Machine-Readable File (MRF) in conjunction with the disclosure required by the government’s Hospital Price Transparency Rule. The official launch is expected in the spring of 2022, but today, any user can begin searching.

Snowflake Launches Healthcare & Life Sciences Data Cloud for Better Patient Care and Business Results
Snowflake (@SnowflakeDB), the Data Cloud company, announced the launch of the Healthcare & Life Sciences Data Cloud. With the Snowflake Healthcare & Life Sciences Data Cloud, healthcare companies have a single, integrated, and cross-cloud data platform that eliminates technical and institutional data silos.

Collaboration News

BrightInsight and UCB Partner to Build Digital Care Solutions for Rare Diseases
BrightInsight, Inc. (@Brightinsightco), provider of a global platform for biopharma and medtech regulated digital health solutions, announced a partnership with the global biopharmaceutical company, UCB, to develop and bring to market a digital disease management solution for patients with rare diseases. UCB selected the proven, scalable Brightinsight® Platform to accelerate time to market for UCB’s digital care solutions in a compliant manner.

UPMC and Kyruus Launch Strategic Partnership to Transform Digital Patient Access and Care Navigation
Kyruus (@kyruus), a company offering provider search and scheduling solutions for healthcare organizations, announced that UPMC has entered into a strategic partnership with the company.

Jvion Brings AI-Powered Clinical Insights to NTT DATA’s Nucleus for Healthcare Platform
Jvion (@JvionHealth), a company in AI-enabled prescriptive analytics, announced an agreement with NTT DATA, a global company in business and IT solutions.

Zane Networks, LLC Launches Offering to Improve Payment Integrity in Healthcare
Zane Networks, LLC (@zanenetworks), a provider of healthcare transformation services and solutions, is launching a service offering to improve payment integrity and streamline the coordination of benefits (COB) processes for Medicaid and managed care plans.

Arcadia Partners with Rush Health to Drive Clinically Integrated Network Performance
Arcadia (@ArcadiaHealthIT), a population health management and health intelligence platform, announced its collaboration with Rush Health, a clinically integrated network of physicians and nationally-renowned hospitals that work together to provide high-quality, efficient health services.

Availity and Vim Announce Innovative New Initiative, Extending Payer-Provider Engagement from Platform to the Point of Care
Availity (@availity), a national real-time health information network, announced a new initiative with Vim (@getvim), a healthcare point-of-care connection platform, to connect payer data to clinical workflows at the point of care. The combined solution will help break down information silos between payers and the physician at the point of care, reduce administrative burden, optimize the provider and patient experience, and introduce a new era of increased cross-organizational focus on improving patient outcomes.

UCare Selects HealthSparq to Power Price Transparency for Individuals and Families
Ucare (@ucaremn) has selected HealthSparq (@HealthSparq), a healthcare guidance and transparency technology company serving health plans, as its partner to power a price transparency solution, giving members personalized and accurate cost estimates for healthcare services.

Product Certification News

HHS Technology Group Earns NASPO ValuePoint Certification for Medicaid Third-Party Liability Systems
HHS Technology Group, LLC™ (@hhstechgroup) announced that its Recover Your Liability® (RyL) solution has been certified by the National Association of State Procurement Officials’ ValuePoint contracting arm to automate third-party liability functions and integrate with other Medicaid Management Information System (MMIS) modules.

Contract News

Main Line Health Collaborates With Yext And Stericycle Communication Solutions To Transform The Healthcare Leader’s Website Into A Provider Search And Scheduling Powerhouse
Main Line Health; a health care system in the Greater Philadelphia region, is partnering with Yext, Inc., the AI Search Company, and Stericycle Communication Solutions (@StericycleComms), specialists in patient engagement and a service of Stericycle, Inc., to enhance and streamline its search and online scheduling functions for patients by using advanced technologies.

Curebase and Blue Note Therapeutics Collaborate on Home-based Clinical Trial of Prescription Digital Therapeutics to Help People with Cancer Manage their Health
Curebase (@CurebaseDCT), a company committed to democratizing access to clinical studies, and Blue Note Therapeutics, a prescription digital therapeutics (PDT) company dedicated to easing the burden of cancer and improving outcomes, have announced a collaboration on a virtual clinical trial that will study the effectiveness of two digital therapeutics. Both digital therapeutics are anticipated to have an impact on mental and physical health when used adjunctively with multidisciplinary oncology care regimens.

Pivot Point Consulting and Legacy Health Enter Into Epic Help Desk Support Agreement
Healthcare IT consulting company Pivot Point Consulting (@pivotpc), a Vaco Company, was selected by Legacy Health, a locally owned, nonprofit health system based in Portland, Oregon to perform help desk support for all Epic EHR end-users across the organization.

Tesis Biosciences Partners with Frontier Management to Provide Exclusive Pharmacogenetic Testing for Residents of Frontier’s Senior Living Facilities
Tesis Biosciences (@TesisBioscience), a company in targeted genetic sequencing, and Frontier Management, a senior housing provider in the U.S., have announced an agreement under which Tesis will be the exclusive provider of pharmacogenetic testing for residents of the company’s communities.

Making the Cut, Milestones, Accolades, Awards and More

eHealth Technologies Innovates to Advance Patient Access to Life-Saving Medical Treatment
eHealth Technologies (@eHealthTec) is now helping over 100 of the nation’s top hospitals, including 17 of the top 20 U.S. News & World Report Honor Roll Hospitals. eHealth Technologies has been instrumental in the transformation of patient care.

Vim Named as One of the Best Places to Work
Vim (@getvim), a technology company building digital infrastructure for U.S. healthcare, has been named by The Business Intelligence Group as one of the Best Places to Work. The awards organization sought to identify companies that are actively working to improve their own performance through efforts to challenge employees in environments that make work fun and engaging. Vim won its award in the Medium-Size Business category.

Dina Ranked No. 40 on Inc. Regionals List of the Fastest-Growing Private Companies
Inc. magazine announced that Dina (@dinacare_inc) is No. 40 on the third annual Inc. 5000 Regionals Midwest list, the most prestigious ranking of the fastest-growing private companies based in Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, North Dakota, Nebraska, Ohio, South Dakota, and Wisconsin.

PeriGen Named to AVIA Connect’s 2022 Top 50 Companies in Remote Monitoring
PeriGen Inc. (@PeriGen), a company applying artificial intelligence (AI) to improve safety in childbirth, announced that it was recognized in AVIA Connect’s 2022 Top 50 Remote Monitoring Companies. The report showcases 50 remote monitoring companies who have proven real market traction, enabling health systems to find remote monitoring solutions that address their unique needs. Companies in the report are ranked based on the number of health system clients using the company’s remote monitoring products. When compared to other condition-specific remote patient monitoring platforms, PeriGen ranked among the top three companies.

Connect America Cited by Black Book as Emerging Solution that is Challenging the Healthcare Technology Status Quo
Connect America LLC, a nationally recognized innovator in digital health and connective care for seniors and vulnerable populations, announced that it has been named by healthcare research firm Black Book® as one of 50 emerging solutions that are poised to create a more integrated, patient-centric, productivity-enhancing ecosystem within healthcare information technology.

Santéch Named a Major Player in the IDC MarketScape for U.S. Provider Data Management
Santéch has been positioned as a Major Player in IDC MarketScape: U.S. Provider Data Management 2022 Vendor Assessment. The IDC MarketScape provides a clear framework by which the product and service offerings, capabilities and strategies, and current and future market success factors of vendors can be meaningfully compared.

Firstsource Named a Leader by Everest Group in Healthcare Payer Operations PEAK Matrix® Assessment 2022
Firstsource Solutions Limited (@firstsource), a global provider of Business Process Management (BPM) services and an RP-Sanjiv Goenka Group company, announced that it has been positioned as a Leader in Everest Group’s Healthcare Payer Operations PEAK Matrix® Assessment 2022.