Health IT Business News – March 3, 2022

Trending News

Virsys12 Named a ‘Contender’ in ‘U.S. Provider Data Management for Payers’ by IDC MarketScape
Virsys12 (@Virsys12), a Salesforce solution integrator in the healthcare industry and AppExchange ISV, announced that it has been named as a “Contender” in the “IDC MarketScape: U.S. Provider Data Management for Payers 2022 Vendor Assessment” (doc #US48815718, February 2022).

Temple University Health System Selects Health Catalyst’s Data Platform to Help Strengthen Financial Performance and Optimize Value-Based Care
Health Catalyst, Inc. (@HealthCatalyst), a provider of data and analytics technology and services to healthcare organizations, announced an engagement with Temple University Health System, a major Philadelphia-based academic health system recognized for its work driving medical advances through clinical innovation, pioneering research and world-class education.

CareCloud Introduces Latest Technology Enhancements to Meet Growing Requirements of the Modern Healthcare Organization
CareCloud, Inc. (@CareCloud), a company in healthcare technology solutions for medical practices and health systems nationwide, announced recent major system enhancements to its technology portfolio, including the launch of business intelligence software to an increased addressable market and a data management engine.

Sphere Joins with MDofficeManager for Seamless Payment Experience
Sphere (@SphereCommerce), a provider of end-to-end integrated payments and security software, announced it has teamed up with MDofficeManager, a provider of Revenue Cycle Management solutions serving outpatient medical practices, ambulatory surgery centers, and healthcare facilities.

Signify Health completes acquisition of Caravan Health
Signify Health (@signifyhealth), a value-based healthcare platform that leverages advanced analytics, technology and nationwide healthcare provider networks, announced it has completed the acquisition of Caravan Health (@caravanhealth), a company enabling accountable care organizations (ACOs) to excel in population health management and value-based payment programs.

Clinical Data Release Leader MRO Announces Acquisition of MediCopy
MRO (@MROCorp), a clinical data acquisition and release platform and the KLAS-rated No. 1 provider of release of information (ROI) solutions, announced the acquisition of Nashville, TN-based MediCopy, a provider of release of information solutions to physician practices and outpatient providers.

Azara Healthcare Earns Certified Data Stream Status for NCQA’s Data Aggregator Validation Program
Azara Healthcare (@azaraDRVS), a provider of population health solutions, is pleased to announce that it has earned Certified Data Stream status for NCQA’s Data Aggregator Validation Program from the National Committee for Quality Assurance (NCQA).

Financial News

XRHealth Secures $10M in Funding to Expand Virtual Reality Healthcare Treatment in the Metaverse
XRHealth, the gateway to the healthcare metaverse, announced that they raised $10M in funding to expand virtual healthcare treatment in the Metaverse. The funding was backed by HTC, Bridges Israel impact investment fund, AARP, and crowdfunding on and existing investors.

Global Healthcare Exchange Enhances Automation, Data Analytics and Inventory Management Capabilities with Acquisition of Syft
Global Healthcare Exchange (@GHX_LLC) announced it has acquired Tampa, Fla.-based Syft®, a provider of AI-enhanced inventory control and end-to-end supply chain management software and services. As a wholly owned subsidiary of GHX, Syft joins GHX’s value-based care division’s growing portfolio of solutions that help modernize the supply chain.

Justice Department Sues to Block UnitedHealth Group’s Acquisition of Change Healthcare
The Department of Justice, together with Attorneys General in Minnesota and New York, filed a civil lawsuit to stop UnitedHealth Group Incorporated (@UnitedHealthGrp) from acquiring Change Healthcare Inc. (Change). The complaint, filed in the U.S. District Court for the District of Columbia, alleges that the proposed $13 billion transaction would harm competition in commercial health insurance markets, as well as in the market for a vital technology used by health insurers to process health insurance claims and reduce health care costs.

GTCR Invests in Industry Leader Experity to Drive the Future of On-Demand Care
Experity (@experityhealth), a provider of on-demand care solutions, announced a strategic growth investment from GTCR, a leading private equity firm with significant experience in healthcare technology and services. Existing investor Warburg Pincus will retain a minority interest in the company.

Product News

MMIT Announces Game-Changing Solution for Life Sciences Companies
Following the acquisition of healthcare analytics company Panalgo in September 2021, Managed Markets Insight & Technology (@mmitnetwork) has announced the launch of Patient Access Analytics, a solution that provides pharma commercial teams with the ability to quickly analyze and visualize multiple longitudinal, real-world patient data sets to instantly obtain answers to questions regarding access barriers and prescribing patterns.

BAYADA Launches New Digital Services for Hospital Joint Venture and Health Plan Partners
BAYADA Home Health Care (@BayadaHHC), a not-for-profit home health care provider launched its new, innovative suite of digital care transition and coordination solutions to assist hospitals and health plan point venture partners to better serve patients in their homes and communities. BAYADA has selected digital health care company, Dina, its current technology partner, as the platform to power these new, tech-enabled services.

Selux Diagnostics Announces Additional $50 Million in Series C Funding
Selux Diagnostics, Inc. (@SeluxDX), which is leading a new era in personalized diagnostics to combat superbug infections and fight antibiotic resistance, announced it has raised $50 million in Series C financing to support the U.S. commercial launch of its Next-Generation Phenotyping (NGP) rapid Antimicrobial Susceptibility Testing (AST) platform.

Vocera, now part of Stryker, introduces latest evolution in hands-free communication to help protect and connect healthcare workers
Vocera, now part of Stryker, a global medical technology company, introduced the new Minibadge, a wearable, voice-driven device that enables mobile workers to communicate completely hands-free.

Verana Health Launches Qdata™ Glaucoma to Deliver Real-World Insights into Glaucoma Patient Journey
Verana Health (@veranahealth), a digital health company that delivers quality drug lifecycle and medical practice insights from an exclusive real-world data network, announced that it has launched Qdata™ Glaucoma.

QGenda Introduces ProviderCloud™, the Scheduling-Centric Provider Operations Platform for Healthcare
QGenda (@qgenda), an innovator in provider operations and healthcare workforce management, announced the launch of the first Provider Operations Platform, ProviderCloudTM.

Collaboration News

Curebase and CoBTek (team from Côte d’Azur) to Collaborate on a European Clinical Trial of Remote Tools Designed to Help Seniors Retain Autonomy
Curebase (@CurebaseDCT), a company committed to democratizing access to clinical studies, and CoBTeK, a laboratory from the University of Côte d’Azur (UCA), that brings together healthcare and computer science academic researchers, and companies in the healthcare sector; have announced a collaboration in the context of a cross-border (France & Italy) project in order to test the effectiveness of remote interventions in allowing elderly people to remain autonomous.

SkyPoint Cloud Announces Partnership with Leading Senior Care Company
SkyPoint Cloud (@skypointcloud), the privacy-first healthcare data and artificial intelligence (AI) platform that enables healthcare brands to build deeper relationships with their patients and residents, announced its partnership with Generations LLC (Generations), a company specializing in senior living community innovation, care, and vitality.

Force Therapeutics and Xealth Partner to Drive Remote Care Management
Force Therapeutics (@FORCETherEx), a patient engagement platform, and Xealth, a company enabling digital health at scale, announced a partnership that will make it easy for clinicians to prescribe and monitor remote care management from within their existing workflows.

NetSfere and HP Partner to Enable Secure Messaging and Collaboration Services for Healthcare Service Providers
NetSfere (@NetSfere), a global provider of next-generation secure and compliant messaging and mobility solutions, has been named an authorized HP Independent Software Vendor (ISV) Program Partner to further the digitization of healthcare communication, streamline patient care and workflows, and curb the use of risky, non-compliant consumer-grade messaging apps.

Cognizant Collaborates with Microsoft to Offer New Virtual Healthcare Solution for Remote Patient Monitoring and Improved Care
Cognizant (@cognizant) announced it is collaborating with Microsoft to deliver a new digital health solution to enhance remote patient monitoring for improved medical care.

Contract News

Digital Health Companies Orbita and OnCall Health Choose Lyniate for Reliable Interoperability
Lyniate (@lyniate), a global company in healthcare data interoperability, continued to empower healthcare transformation through 2021 — easing the burden of building connections. As the pace of digital transformation in healthcare continues to accelerate, more healthcare organizations turn to Lyniate as a trusted partner to help navigate data-sharing challenges. Lyniate continues to invest in its team and technologies to support this growing customer base.

Making the Cut, Milestones, Accolades, Awards and More

Pivot Point Consulting Recognized as 2022 #2 Best in KLAS: Overall IT Services Firm & Top Performer by KLAS Research for 7th Consecutive Year
Each year, KLAS publishes the Best in KLAS report ranking healthcare IT software and services vendors across numerous market segments. This year, Pivot Point (@pivotpc) not only ranked as the #2 Best in KLAS: Overall IT Services Firm by KLAS (after being 2020 #1 Best in KLAS Overall IT Services Firm), but also ranked #2 in Partial IT Outsourcing and #2 in Overall IT Advisory Services.