Health IT Business News – November 24, 2021

Trending News

Kaia Health Appoints Lumeris Co-Founder Nigel Ohrenstein as President to Accelerate Growth, Increase Access to Affordable High-Quality Care
Kaia Health (@KaiaHealth), the digital therapeutics company on a mission to democratize access to healthcare, announced the appointment of Nigel Ohrenstein—healthcare entrepreneur and Lumeris co-founder—as president to accelerate the growth and further advance Kaia Health’s strategy as the market leader in musculoskeletal (MSK) care.

Qure4u Expands National Footprint as Digital Health Demand Moves Beyond Telehealth
Qure4u (@Qure4u), a digital health solutions company, announces the addition of three new clients as demand for digital patient engagement solutions continues to gain momentum.

CareCloud Ranked in the Top 500 Fastest-Growing Companies in North America
CareCloud, Inc. (@CareCloud), a company in healthcare technology solutions for medical practices and health systems nationwide, announced it ranked for the sixth time on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 27th year. CareCloud grew 230% during this period.

Health Catalyst Named One of the Best and Brightest Companies to Work for in the Nation by the National Association for Business Resources
Health Catalyst (@HealthCatalyst) has been named to the National Association for Business Resources fall 2021 list of Best and Brightest Companies to Work for in the Nation. To be included on the list, organizations must display a commitment to excellence in operations and employee enrichment that led to increased productivity and financial performance. The competition scores potential winners based on regional data of company performance and a set standard across the nation.

Essence Healthcare Adds Mercy to its Provider Network
Essence Healthcare, a Lumeris (@lumeris) owned and operated health plan, announced that all St. Louis area physicians and hospitals within the Mercy health system will begin accepting Essence’s Medicare Advantage plans starting Jan. 1, 2022, giving current and future Essence plan members even more choice when it comes to physicians and hospitals.

Collaboration News

Essen Health Care Partners with Verustat, A Provider of Remote Patient Monitoring Solutions That Improves Patient Care
Essen Health Care, a healthcare network and group practice for underserved communities in New York State, announced a partnership with Verustat, a Nashville-based remote patient monitoring solution provider that facilitates the tracking of critical patient biometric data on a HIPAA-secure platform. Best-in-class monitoring devices alert Verustat care coordinators of any readings that call for outreach to the patient or their physician for further assessment.

100Plus Partners with athenahealth’s Marketplace Program to Provide Remote Patient Monitoring Services for Clinicians
100Plus, a Connect America company and Remote Patient Monitoring (RPM) platform for clinicians and patients, has partnered with athenahealth, Inc. through the company’s Marketplace program. As part of the athenahealth® Marketplace, 100Plus RPM services are now available to athenahealth’s growing network of healthcare providers, empowering them to seamlessly set up and manage RPM programs for their patients in need of this service and drive revenue for their practices.

Contract News

InsightRX’s Precision Medicine Technology to Help Improve Care for Patients Receiving Stem Cell Transplants
InsightRX (@insightrx), which provides a cloud-based precision dosing platform to help guide treatment decisions, announced that Memorial Sloan Kettering Cancer Center (MSK) has implemented its precision dosing platform to tailor dosing of certain chemotherapy and immunosuppressive drugs used in the administration of stem cell transplants to patients with hematological malignancies and other cancers.

Pivot Point Consulting and The MetroHealth System Enter Multi-year Epic Application Managed Services Agreement
Healthcare IT consulting company Pivot Point Consulting (@pivotpc), a Vaco Company, was selected by The MetroHealth System, based in Cleveland, to perform maintenance and quarterly upgrades for its Epic EHR, including all clinical and non-clinical applications.

Vocera Collaborates with Amazon to Improve Patient Experience
Vocera Communications, Inc. (@voceracomm), a clinical communication and workflow solutions company, announced it collaborated with Amazon to build a Vocera skill for Alexa. The skill leverages a set of technologies from Alexa Smart Properties and will be HIPAA-eligible for healthcare customers. The Vocera skill for Alexa will expand the Vocera ecosystem to provide a hands-free and immersive voice experience to patients and families. The new Vocera skill for Alexa is designed to make it easier and faster for patients and families to get information about their stay and reach the right care team members with simple voice requests spoken to an Amazon Echo in the patient’s room. The intelligent solution is also designed to reduce unnecessary interruptions to the care team and minimize cognitive overload among clinicians.

Financial News

Ribbon Health Raises $43.5M Series B to Become the Leading API Data Platform in Healthcare
Ribbon Health (@ribbonhealthAPI), an API data platform that powers high-quality, cost-effective, and convenient care decisions, announced a $43.5 million Series B investment led by General Catalyst and with participation from new and current investors, including Andreessen Horowitz (a16z), BoxGroup, Rock Health, and Sachin Jain.

Lightbeam Health Solutions Announces Acquisition of CareSignal
Lightbeam Health Solutions, Inc. (@LightbeamHealth), an end-to-end population health management solutions company, announced the acquisition of CareSignal, the pioneer of Deviceless Remote Patient Monitoring technology. The deal enables Lightbeam to integrate scalable, evidence- based remote engagement and monitoring capabilities into its core population health offering, which serves more than 42 million patient lives across the United States.

Edifecs Enters Into Definitive Agreement to Acquire Health Fidelity
Edifecs, Inc. (@Edifecs), a health information technology solutions company, announced that it has signed a definitive agreement to acquire Health Fidelity, a leading provider of risk adjustment solutions for the value-based care era. The acquisition is expected to close in mid-December, pending regulatory approval.

Exchange Listing, LLC Advises Heartbeam Inc. and Secures NASDAQ Listing
Exchange Listing, LLC has finalized the Nasdaq Capital Markets listing for its client, Heartbeam Inc. (“HeartBeam” or the “Company”) (Nasdaq: BEAT and BEATW) on November 11 2021. The emerging digital healthcare company’s common stock began trading on the Nasdaq exchange under the symbols BEAT and BEATW, respectively.

Zane Networks Opens New Office in Historic Anacostia
Zane Networks, LLC (@zanenetworks), a company in healthcare transformation services and solutions, announced their new office location at MLK Gateway in historic Anacostia. This new location will provide Zane Networks additional opportunities to connect with both local clients and staff as well as supporting the ongoing growth and restoration of this community.

Kaufman Hall Acquires HRE Capital
Kaufman, Hall & Associates, LLC (@KaufmanHall), a healthcare and higher education management consulting and advisory services firm, has acquired Healthcare Real Estate Capital, LLC (“HRE Capital”), a national advisory firm solely focused on the healthcare and higher education real estate capital markets sectors.

Product News

Tesis Labs Announces Name Change to Tesis Biosciences
Tesis Biosciences (@tesisbiosciences), a company in targeted genetic sequencing, announced its new company name – Tesis Biosciences, to reflect the organization’s increasing focus on advancing clinical research and diagnostic initiatives through collaborative relationships with important healthcare stakeholders.

SkyPoint Cloud Launches SkyPoint Resolve, Machine Learning-Based Identity Resolution
SkyPoint Cloud (@skypointcloud), the privacy-first customer data platform that enables consumer and healthcare brands to build deeper relationships with their customers, announced the launch of SkyPoint Resolve, an affordable and scalable identity resolution SaaS product powered by machine learning, which provides consistent customer profiles, fraud detection and compliance.

Biotricity Delivers Bioheart: A Groundbreaking Consumer Heart Monitor
Biotricity Inc. (@biotricity_inc) a modern medical technology company focused on delivering innovative, remote biometric monitoring solutions, announced the availability of Bioheart, a direct-to-consumer heart monitor that offers the same continuous heart monitoring technology used by physicians. Showcased in prototype form at CES 2020, Bioheart has shipped to preorder customers and is now available for purchase at

Making the Cut, Milestones, Accolades, Awards and More

DrFirst’s MedHx℠ Earns High Scores from Customers in KLAS First Look Report
DrFirst (@DrFirst) announced that its MedHx solution earned high marks from customers, including “A” grades for “supporting integration goals” and “likely to recommend,” as reported in KLAS Research’s First Look report. The report verifies that MedHx customers get more accurate and complete medication history data, access that information quickly and easily, and spend less staff time gathering medication history from different sources.

Cohere Health Wins TripleTree iAward for Innovative Healthcare Technology
Cohere Health (@CohereHealth), a digital health company dedicated to transforming the prior authorization process, has been selected as a winner of the 2021 TripleTree iAwards. Cohere was recognized for its uniquely collaborative approach to the complex, resource-intensive, and often abrasive prior authorization process.