Health IT Business News – November 21, 2018

Making the Cut:

CynergisTek Named Among “50 Most Trustworthy Companies of the Year 2018”
CynergisTek, (@cynergistek), a healthcare cybersecurity and information assurance company, announced that The Silicon Review Magazine has named it among the, “50 Most Trustworthy Companies of the Year 2018.”

Health Catalyst Ranked Among the Fastest Growing Companies in North America on Deloitte’s 2018 Technology Fast 500
Health Catalyst, Inc. (@HealthCatalyst), a healthcare analytics, decision support and outcomes improvement company, announced it ranked No. 323 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Health Catalyst CEO Dan Burton credits growing interest in the company’s Data Operating System (DOS™) analytics platform and outcomes-improvement services with its 254 percent revenue growth.

Spok Ranked #1 in Secure Communications for Hospital Systems by Black Book Market Research
Spok, Inc. (@spoktweets), a wholly owned subsidiary of Spok Holdings, Inc. and a healthcare communications company, announced that it has earned honors as the top overall healthcare technology vendor for secure communications platforms in an annual report published by Black Book Market Research. Spok also received the highest scores in the categories of best-of-breed technology and process improvement; trust, accountability, transparency, and ethics; viability and managerial stability, training and education; and tech support and customer care.

Frost & Sullivan Recognizes Linguamatics as Artificial Intelligence Life Sciences Leader for their Transformative NLP Text Analytics Platform
Based on its recent analysis of the global natural language processing (NLP) in life sciences Artificial Intelligence (AI) market, Frost & Sullivan recognizes Linguamatics (@linguamatics) with the 2018 Global Product Leadership Award for its industry-leading I2E NLP text mining platform. This intelligent solution generates insights from a wide range of unstructured and semi-structured data, empowering clients to efficiently integrate AI into their operations.

ClearDATA Achieves Premier Consulting Partner Status in the Amazon Web Services Partner Network
ClearDATA (@cleardatacloud), a healthcare cloud security and compliance expert, announced the company has achieved Premier Consulting Partner status in the Amazon Web Services (AWS) Partner Network (APN), joining an elite group of technology partners nationwide. As an APN Premier Consulting Partner, ClearDATA is recognized for its significant investment in technical skills as well as its demonstrated expertise in driving successful healthcare outcomes. The Premier status also points to the substantial revenue from business workloads ClearDATA brings to AWS.

Product News:

CureDuchenne Invests In ZappRx Platform To Streamline Specialty Prescribing For Patients Suffering From Duchenne Muscular Dystrophy
DrChrono, Inc. (@zapprx), a digital health company that streamlines specialty medication prescribing, announced that CureDuchenne, a global leader in research, patient care, and innovation in improving and extending the lives of those living with Duchenne muscular dystrophy (DMD), has invested in the ZappRx platform, in order to add Duchenne to the ZappRx platform in 2019.

DrChrono Releases New Physical Therapy Bundle Package for its Mobile EHR
DrChrono Inc., the company enabling the medical practice of the future, announced a new integrated Physical Therapy and musculoskeletal (MSK) EHR bundle designed to help providers easily engage patients through exercise program prescription, educational content, and outcomes tracking.

CareCloud Expands Revenue Cycle Management Offerings as it Contunues Mission to Lift Administrative Burdens for Medical Practices
CareCloud (@carecloud), the platform for high-growth medical groups, announced that it has expanded its revenue cycle management (RCM) services to help practices realize greater productivity and revenue gains through more accurate billing and faster payments.

Financial News:

Athenahealth to Sell Itself for $5.47 Billion
Health-care software firm Athenahealth Inc. (@athenahealthis selling itself to two private-equity firms for $5.47 billion in cash months after an activist investor offered to take the business private. The two private-equity firms—Veritas Capital and Elliott Management Corp.’s Evergreen Coast Capital—are going to combine the company with Virence Health Technologies.

GetWellNetwork Acquires HealthLoop
GetWellNetwork (@getwellnetwork), the Precision Engagement health care company, announced that it has acquired HealthLoop, a leading digital health company. With over 7.2 million annual patient interactions, HealthLoop’s more than 160 dynamic care plans monitor patients and assess risk in real time, helping providers, hospitals and health systems improve patient engagement, satisfaction and health outcomes. The acquisition expands GetWellNetwork’s reach into nearly 700 health care providers, placing it at the forefront of the changing health care landscape and at the heart of the patient journey.

MobileSmith Announces Q3 Customer and Product Achievements Highlighting Company’s Continued Strategic Growth
MobileSmith (@TheMobileSmith), a company in the digital health and mobile development sector that is reshaping traditional healthcare, announced key customer application launches and acquisitions for Q3 2018, signaling the company’s continued strategic growth and development in the mobile health space.

Contract News:

MultiScale Selects Leading Cybersecurity Firm’s Services to Proactively Protect Client Data
CynergisTek, Inc. (@cynergistek), a provider of healthcare cybersecurity and information assurance, announced that MultiScale Health Networks, a pioneer in bringing real-time problem-solving innovations to healthcare, has selected CynergisTek’s signature service, Compliance Assist Partner Program (CAPP). MultiScale will leverage CynergisTek’s expertise and comprehensive risk assessments to proactively secure the MultiScale Hive solution, which enables clinicians to securely communicate and collaborate with EHR and health operations data to address issues in real-time before they become problems.

Health First Selects Kyruus Solutions to Enable Digital Patient Access Initiatives
Kyruus (@kyruus), a provider search and scheduling solutions for health systems company, announced that Health First, a not-for-profit integrated delivery network in Florida, has selected the company’s patient access and provider data management solutions to modernize the access experience for patients while improving operational efficiency. The health system will implement the Kyruus ProviderMatch™ solutions both on its website and in its call center to enable an integrated, multi-channel approach to patient access.

Ambra’s Best-in-Class Image Management Suite Adopted by Cincinnati Children’s Hospital, Johns Hopkins Medicine and Weill Cornell Medicine
Ambra Health, makers of a cloud-based, medical image management suite, announced that Cincinnati Children’s Hospital, Johns Hopkins Medicine, and Weill Cornell Medicine have selected Ambra’s best-in-class imaging solutions. The latest wave of leading enterprise customers marks significant growth for Ambra, which has continued to expand its platform to deepen patient engagement and accessibility, including a new app launched last month and new patient portal capabilities. Ambra Health will be showcasing its medical image management solutions at Booth #1122 at the upcoming Radiological Society of North America (RSNA) annual conference on November 25 – 30 in Chicago, Illinois.

ClearDATA Raises $26 Million in Funding to Modernize and Protect Healthcare IT in the Cloud; Humana and Health Care Service Corporation Join as New Strategic Investors
ClearDATA, a security and compliance expert in the healthcare cloud, completed a financing round of $26 million to expand product innovation, enhance customer success and continue its high growth trajectory. Two new strategic investors participated in the financing round, including Humana Inc. (NYSE: HUM), a leading health and well-being company, and Health Care Service Corporation (HCSC), which operates Blue Cross and Blue Shield plans in Illinois, Montana, New Mexico, Oklahoma and Texas.