Health IT Business News – September 16, 2021

Trending News

Health Catalyst Unveils New Solution to Bring Clinical Research to Routine Healthcare
Health Catalyst, Inc. (@HealthCatalyst), a provider of data and analytics technology and services to healthcare organizations, announced the launch of the Health Catalyst Research Offering for healthcare providers, biopharmaceutical companies, and clinical research organizations (CROs). The new offering will help health systems safely convert and maximize their existing clinical databases, unlocking access to mutually beneficial industry and research partnerships.

Sphere Joins with Saina Health to Enable Secure Patient Payments
Sphere (@SphereCommerce), a provider of end-to-end integrated healthcare payments and security software, announced it has joined with Saina Health to enable secure payment acceptance through its InstaHealth™ platform.

Collaboration News

Veterans Integrated Service Network 21 Partners with GetWellNetwork to Improve Patient Experience
GetWellNetwork (@getwellnetwork) announced that it has partnered with VA Sierra Pacific Network, also known as VISN 21, to implement its GetWellNetwork solutions across six VISN 21 healthcare facilities.

VisuWell Partners with athenahealth’s Marketplace Program to Expand Advanced Virtual Care Solutions
VisuWell (@VisuWell), a provider of virtual care solutions, announced a partnership with athenahealth, Inc. through the company’s Marketplace program. As part of the athenahealth® Marketplace, this newly integrated application is now available to athenahealth’s growing network of healthcare providers to expand virtual care access through real-time video, live chat, and store-and-forward options, with an advanced feature suite that is scalable for any organization type.

Financial News

Cascadia Capital’s Fall 2021 Healthcare Market & Activity Update
As summer comes to an end and we approach the final months of 2021, Cascadia’s healthcare group would like to update you on activity in the healthcare transaction market and how our team has been able to both serve our clients and grow over this last dynamic year.

Equality Health Completes Integration of Daraja Services’ Healthcare Economics, Technology, and Actuarial Capabilities
Equality Health, a provider of technology, services, and support for value-based care, announced the successful integration of the advanced actuarial and informatics capabilities of Daraja Services. In January, Equality Health announced a strategic investment from General Atlantic, a leading global growth equity firm, to fuel the Company’s next phase of growth. As part of that transaction, Equality Health acquired Phoenix-based consulting firm Daraja Services.

Neuroglee Therapeutics Closes Series A Round to Advance Virtual Care and Digital Therapies for Alzheimer’s Disease Treatment in the Home
Neuroglee Therapeutics (@neuroglee), which builds personalized evidence-based digital therapeutics (DTx) and virtual care solutions to treat and manage patients with neurodegenerative diseases, announced that it has closed a $10 million Series A funding round. The funding injection will enable Neuroglee to launch first-of-their-kind virtual neurology clinics for patients diagnosed with mild cognitive impairment related to difficult-to-treat conditions such as Alzheimer’s disease, while also advancing the company’s DTx pipeline.

Azalea Health Acquires Data Analytics Vendor dashboardMD to Deliver EHR-Based Business Intelligence
Azalea Health Innovations Inc. (@AzaleaHealth), a provider of cloud-based patient management and health IT solutions, announced its acquisition of dashboardMD, an innovative cloud provider of business intelligence reporting solutions and healthcare analytics. The acquisition pairs two visionaries of healthcare IT in a shared pursuit of better patient outcomes through technology- and data-augmented clinical care.

Leading UK Enterprise Imaging Provider, Insignia Medical Systems, Secures Investment from Intelerad
Insignia Medical Systems, a UK-based enterprise imaging provider, announced it has been acquired by Intelerad Medical Systems™ (@intelerad), a global provider of medical image management solutions. The deal signals an important step in expanding next-generation imaging solutions and resources to help modernise hospital trusts across the UK.

Zelis to Acquire Healthcare Transparency Leader Sapphire Digital
Zelis (@ZelisHealthcare), a payments company in healthcare, announced it entered into a definitive agreement to acquire Sapphire Digital (“Sapphire”), the healthcare industry’s leading platform for provider selection, patient access, price transparency, and digital consumer navigation. More than 100 million people rely on Sapphire to help them price, select and access care with confidence. As part of the transaction, the Sapphire leadership team will join Zelis to help lead the combined company’s healthcare consumer solutions business.

Edifecs Announces Acquisition of Talix
Edifecs, Inc. (@Edifecs), a health information technology solutions company, announced that it has acquired Talix, an information technology company that provides risk and quality solutions to healthcare payers and providers.

Definitive Healthcare Announces Launch of Initial Public Offering
Definitive Healthcare Corp. (@definitivehc), a healthcare commercial intelligence company, announced that it plans to commence the roadshow for its proposed initial public offering of its Class A common stock. Definitive Healthcare is offering 15,555,555 shares of its Class A common stock.

DSS, Inc. Expands Services Capabilities Through Acquisition of SBG Technology Solutions, Inc.
Document Storage Systems, Inc. (@DSSHealthIT), a provider of health information technology (HIT) solutions for federal, private and public healthcare organizations, announced that it has acquired SBG Technology Solutions, Inc., an Alexandria-based company offering a wide-range of IT services and solutions to the federal government and the commercial sector.

Product News

World Health Organization Recognizes Kinnos as Innovative Health Technology
The World Health Organization (WHO) has recognized Kinnos’ (@KinnosInc) Highlight® bleach colorant as an innovative technology in their 2021 compendium, “WHO Compendium of Innovative Health Technologies for Low-Resource Settings.” The Compendium selects technologies with immediate or future impact on COVID-19 and general health outcomes and brings global healthcare awareness and procurement channels to such products. Highlight® for Liquid Bleach was selected for its ability to help providers “correctly use disinfection . . . thus reducing contamination and improving safety.”

Med Tech Solutions Announces Powerful and Affordable Business Intelligence Dashboards for Healthcare Practices
Med Tech Solutions (@MedTechSolLLC), provider of practice-centered IT solutions for healthcare organizations, has launched MTS Practice Data Analytics visual business intelligence (BI) tools. Practice Data Analytics delivers more than 40 standard BI reports from electronic health record (EHR) data that Acan be viewed in easily customized dashboards.

Firstsource Launches Strategic Transition to Cloud for all Healthcare Solutions, Accelerating Innovation, Access, Security and Flexibility for Clients
Firstsource Solutions Limited (@firstsource), a provider of Business Process Management (BPM) services and an RP-Sanjiv Goenka Group company, announced the launch of Firstsource Healthcare Cloud – a new, innovative platform which will support all U.S. healthcare products with expanded access, flexibility and security capabilities. The initial roll-out beginning today will include all U.S. revenue cycle management and patient financial services products, with the company’s payer-oriented solutions soon to follow.

Kyruus Broadens its Online Scheduling Platform to Allow Consumers to Self-Book Diagnostic and Preventive Care Appointments
Kyruus (@kyruus), a company offering provider search and scheduling solutions for health systems, announced the availability of expanded online scheduling capabilities in the Kyruus ProviderMatch® platform to enable more convenient access to diagnostic and preventive care-related appointments. The company also recently enhanced its COVID-19 vaccine scheduling functionality to allow customers to offer online scheduling for COVID-19 booster shots.

Vonage SMS and Video APIs Power HIPAA-Compliant Hybrid Health Experiences to Enable Healthcare Organizations to Build Secure, Compliant Customer Communications
Vonage (@Vonage), a global leader in cloud communications helping businesses accelerate their digital transformation, has announced HIPAA-compliant SMS capabilities, powered by the Vonage Communications Platform (VCP). Now, Vonage enables healthcare organizations to deliver HIPAA-compliant solutions using both the SMS and Video APIs to provide patients with secure communications across their preferred channels.

Puerto Rico’s MMM Holdings Partners with eVisit to Improve Medical Access for Seniors
In response to the needs of older adults for more convenient ways to receive healthcare services, MMM, a pioneering plan in the Medicare Advantage (MA) segment in Puerto Rico, announced the launch of its Virtual Appointment (Cita Virtual in Spanish), which is powered by the eVisit (@evisit) Enterprise Virtual Care Platform.

Big Tech and Big Retail In the News

Google Dismantling Health Division by Forbes – According to an internal memo obtained by Insider, an initiative to consolidate various healthcare initiatives within Google is shutting down.

Amazon Care could be getting a whole lot bigger by Advisory Board – According to Healthcare IT News, Amazon Care was first offered exclusively to Amazon employees in Seattle in 2019. In September 2020, the company expanded access to all Amazon employees in Washington state and then expanded telehealth services to its employees and other employers in all 50 states.

Dollar General Appoints Chief Medical Officer As It Expands Health Offerings by PYMNTS,com – Dollar General is moving to become a healthcare destination and has appointed Albert Wu, M.D. to the newly-created position of chief medical officer, the company said in a press release. Expanded health offerings include more varieties of cough and cold remedies, dental products, nutrition supplements, and medical aids.

CVS Health launches first nationwide virtual primary care solution by CVS Health – Aetna, a CVS Health company (NYSE: CVS), announced an innovative health care solution, Aetna Virtual Primary Care, that reimagines the primary care experience and makes it easier for people to get the health services they need, anytime, anywhere.

Walgreens Promotes Financial Health With Scarlet Card by – Walgreens has joined forces with the payments technology company InComm Payments to launch Scarlet, a bank account and debit card available exclusively at its drugstores.

Health Systems, Health Care and Big Tech–It’s (Really) Complicated by Providence – With recent news from Apple and Google on their restructuring of significant health related initiatives, there’s been a lot of buzz around ‘big tech bailing on health care’. The reactions from health system leaders I’ve bumped into after those announcements were in the vein of “I guess they’re finding out health care is hard.” It was the same reaction after Haven was wrapped up.