Health IT Business News – October 10, 2019

Financial News

Electronics Giant Best Buy Sees Future in Health Care
USA Toady reports the nation’s largest consumer electronics chain, known for selling TV sets, cellphones and laptops, is looking to health care as a big source of its future growth.

Nview Health Raises $4.65 Million In Seed Funding From BIP Capital
Nview Health (@NviewHealth), a behavioral health solutions company, announced that it is receiving an investment of $4.65 million from venture investment firm BIP Capital. Nview Health delivers online behavioral health solutions that help healthcare professionals and research organizations more accurately screen for and monitor mental disorders in children and adults.

Appriss Health Acquires OpenBeds Behavioral Health Platform
Appriss Health (@apprisshealth), provider of the most comprehensive platform for opioid stewardship and substance use disorder (SUD) in the U.S., today announced that it has acquired OpenBeds, a leading cloud-based platform that identifies, unifies, and tracks behavioral health resources. By facilitating rapid referrals with up-to-date availability of both inpatient and outpatient behavioral health services, OpenBeds improves patient access to treatment for crisis, mental health, and substance use disorder.

Bankrupt Poop-Testing Startup uBiome is Shutting Down
Business Insider reports that after months of challenges and setbacks, the Silicon Valley health startup uBiome is shutting down.

AMPS Reports Record Growth In 2019
Advanced Medical Pricing Solutions (AMPS) announced that 2019 was a year of aggressive, if behind-the-scenes, growth for the company. Under the leadership of Kirk Fallbacher, AMPS CEO and President, the pioneer in cost containment has stayed singularly focused on building out the infrastructure and products to meet the explosive growth of self-insured health plans and the need to contain and control costs.

One Medical, the Health Clinic Chain Backed by Alphabet, has Hired Banks Ahead of an IPO
CNBC reports One Medical, a chain of primary care clinics that’s backed by Google’s parent company Alphabet and tries to bring a modern feel to the typical doctor’s office, has hired banks including J.P. Morgan and Morgan Stanley for its IPO, according to people familiar with the matter.

Product News

DrChrono Launches New Healthcare Partner Platform
DrChrono Inc. (@drchrono), a platform provider for medical practices, announced that it has launched a new Partner Platform Marketplace where healthcare professionals have access to 80+ medical apps to build their medical practice of the future. This win-win for developers, providers, and patients allows anyone to realize a need in the care continuum and immediately solve for it.

New Zynx Health Tool Streamlines Data Extraction from Cerner EHRs
Zynx Health (@zynxhealth), a company providing evidence- and experience-based clinical improvement solutions since 1996, announced the release of Import Manager, a new tool that delivers streamlined data importing from Cerner electronic health records (EHRs) systems to Zynx Health’s Knowledge Analyzer™ knowledge management solution.

RevSpring Expands Appointment Reminder Product to Offer More Comprehensive Message Types for Pre-Service
RevSpring (@RevSpringInc), a provider of healthcare financial engagement and payment solutions, announced that it has expanded its award-winning Appointment Reminder product to coordinate multiple types of pre-service messages tied to a single encounter.

Contract News

Livongo Awarded Diabetes Contract for Eligible Population for Approximately 5.3 Million Beneficiaries Through the Federal Employees Health Benefits Program
Livongo Health, Inc (@livongo), an Applied Health Signals company empowering people with chronic conditions to live better and healthier lives, announced it was awarded a contract to provide the Livongo for Diabetes solution to eligible members covered by the Federal Employees Health Benefits Program (FEHBP) who are living with Type 1 or Type 2 diabetes under one health plan covering 5.3 million federal employees, retirees, and their families out of the nearly 8 million people who receive their benefits through the FEHBP. Link to health plan press release here.

Collaboration News

TransformativeMed Partnership with Crossings Healthcare Solutions Will Enhance EHR Usability, Increase Physician Satisfaction
TransformativeMed (@Tx4Med), a company transforming electronic health records (EHRs) with apps directly embedded within the EHR, announced a strategic partnership with Crossings Healthcare Solutions that will address challenges with EHRs, increase physician satisfaction, and improve clinical efficiency. The companies’ solutions are highly complementary, as each delivers custom solutions that enhance Cerner’s EHR system to improve clinician satisfaction through better workflow, ease-of-use, efficiency and communication.

Northwell, Allscripts to Jointly Develop Next-Gen Electronic Health Record
Northwell Health, New York State’s health system, and Allscripts (@Allscripts) announced an innovative agreement to create the next-generation electronic health record (EHR). The cloud-based, voice-enabled, artificial intelligence-based EHR will be designed and tested using input from Northwell clinicians, information technology experts and administrators with the goal of ultimately deploying it systemwide.

Unified Women’s Healthcare Partners with Qure4u for Digital Provider Engagement
Leading patient engagement solution provider Qure4u (@Qure4u) announces a new affiliation with Unified Women’s Healthcare, a large, multi-state organization dedicated to advancing the transformation of women’s healthcare in the United States. The digital engagement tool created by Qure4u will better assist Unified-affiliated Ob-Gyn providers when engaging with their patients.

Francisco Partners to Acquire Orchard Software
Francisco Partners (“FP”), a technology-focused private equity firm, announced its intent to acquire Orchard Software Corporation (@orchardsoftware), a privately owned company specializing in developing and supporting award-winning Laboratory Information Systems (LIS) that enhance clinical and pathology laboratory workflow, as well as support laboratory outreach and point-of-care testing (POCT).

Life Image and Graticule Announce Partnership to Help Biopharma Realize the Full Potential of Advanced Data in Real World Evidence Programs
Life Image (@lifeimageinc), a medical evidence network for clinical and imaging data, announced a strategic partnership with Graticule, an advanced data firm that provides data subscriptions and advisory services. The partnership combines the market-leading capabilities of the two companies to help pharmaceutical and biotech companies accelerate drug development and post-market safety, effectiveness and label expansion.

MEDITECH Announces Collaboration with Google Cloud to Bring EHRs to the Public Cloud
MEDITECH (@MEDITECH), an Enterprise Health Record (EHR) vendor, is proud to announce that it is one of the first vendors to offer an EHR through Google Cloud Platform (GCP). This new collaboration solidifies MEDITECH’s commitment to securely delivering greater access to patient data, facilitating interoperability, and enhancing scalability.

Making the Cut

ClearDATA Named One of The “Best Entrepreneurial Companies in America” and a “Most Promising Digital Health Company”
ClearDATA (@cleardatacloud), a healthcare cloud, security and compliance expert, was ranked #4 on the Entrepreneur360™ study of “Best Entrepreneurial Companies in America” delivering the most comprehensive analysis of private companies in America. For the third consecutive year, ClearDATA is recognized as a well-rounded company that has mastered a balance of impact, innovation, growth, leadership and value by Entrepreneur magazine.