Health IT Business News – September 17, 2020

Collaboration News

Speed Script to Provide Pharmacies with DrFirst’s SmartSuite Technology to Fix Quality and Workflow Issues Caused by Free Text Electronic Prescriptions
Despite the widespread availability of electronic prescribing, pharmacists are still plagued by the need to manually correct free text found in patient directions (known as “sigs”) for 84% of new prescriptions, which can lead to errors, take time away from patients, and slow down pharmacy productivity. Now, pharmacies can successfully address these safety, service, and efficiency issues through a partnership announced by health technology pioneer DrFirst (@DrFirst) and Speed Script, a Kansas-based pharmacy management system and services provider.

Combination of Revint and Triage joins subject matter expertise with rapidly growing technology platform creating comprehensive Revenue Integrity and Underpayment Solution
Revint Solutions, a provider of technology-enabled revenue integrity solutions for healthcare providers, announced the execution of a definitive agreement to merge with Triage Consulting Group (@TriageCG), one of the nation’s premier healthcare revenue integrity companies. The combined organization will deliver the most comprehensive revenue integrity services and technology platform in the healthcare industry.

Adventist Health Enhances Online Access for Both New and Existing Patients with Kyruus and Cerner Collaboration
Kyruus (@kyruus), a company in provider search and scheduling solutions for health systems, and Cerner Corporation (@cerner), a global healthcare technology company, announced that Adventist Health, a faith-based, nonprofit integrated health system serving the West Coast and Hawaii, has enhanced its digital consumer access experience with integrated technology solutions from the two companies. Adventist Health has deployed Kyruus ProviderMatch® for Consumers both on its website and within its patient engagement solution, powered by Cerner technology, to help consumers find the right care and schedule appointments online.

Product News

Equality Health pioneers social determinants program to tackle health disparities
Equality Health (@equalityhealth), a whole-health delivery system, has pioneered a comprehensive cultural care program that enables providers to identify and address social determinants of health. Through the launch of its proprietary Social and Cultural Risk Assessment (SCRA™), which is now deployed in more than 1,400 primary care practices, Equality Health is fundamentally changing care delivery to achieve greater health equity for marginalized and underserved communities.

Capsule Receives FDA 510(k) Clearance for Vitals Plus Monitor with Masimo NomoLine® ISA™ CO2 Module
Capsule Technologies (@capsule_tech) has received FDA 510(k) clearance for its Vitals Plus monitoring solution with the Masimo NomoLine ISA CO2 Module, the company announced.

Updox Launches Enhanced Forms Solution as Healthcare Embraces Touchless Practices and Virtual Waiting Rooms
Updox (@updox), a company managing healthcare communications across both in-person and virtual care, announced the release of Updox Forms, a paperless solution that enables practices to streamline documents in a more productive way. Updox Forms eliminates the need to scan and index patient data, allowing staff to devote more of their time to patient service. Patients will also spend less time in waiting rooms or at home completing redundant forms and entering duplicate data.

Panalgo Brings the Power of Machine-Learning to the Healthcare Industry Via Its Instant Health Data (IHD) Software
Panalgo (@panalgoinsights), a healthcare analytics company, announced the launch of its new Data Science module for Instant Health Data (IHD), which allows data scientists and researchers to leverage machine-learning to uncover novel insights from the growing volume of healthcare data.

Financial News

Biofourmis Closes $100 Million Series C Funding Round Led by SoftBank Vision Fund 2 to Accelerate U.S. and Global Expansion
Biofourmis (@biofourmis), a company in digital therapeutics that powers personalized predictive care, has announced the completion of a $100 million Series C financing round led by SoftBank Vision Fund 2,[1] with participation by existing investors Openspace Ventures, MassMutual Ventures, Sequoia Capital and EDBI.

LexaGene Holdings Announces Closing of CAD$13.29 Million Financing
LexaGene Holdings Inc. (@lexa_gene) is pleased to announce that it has closed its previously announced offering of units (the “Units”) for aggregate gross proceeds of approximately CAD$13.29 million (the “Offering”). The Company issued 15,640,000 Units at a price of CAD$0.85 per Unit, each Unit consisting of one common share of the Company (a “Share”) and one-half of one common share purchase warrant, with each whole warrant entitling the holder to purchase one Share at the price of CAD$1.10 per Share until September 9, 2023.

RLDatix Acquires oneSOURCE to Strengthen Enterprise Compliance and Accelerate Applied Safety Intelligence
RLDatix (@rldatix), a global provider of intelligent patient safety solutions, announced that it has acquired oneSOURCE, a healthcare medical equipment SaaS database that provides online access to continuously-updated instructions for use (IFU) and preventative maintenance documentation. This acquisition further enhances RLDatix’s Applied Safety Intelligence™ framework by helping healthcare delivery organizations comply with global accreditation standards while ensuring the safe and effective use of medical equipment―a fundamental component of patient safety.

Cato SMS Acquires Array Biostatistics
CATO SMS (@catoresearch) announced that it has acquired Wilmington, NC-based Array Biostatistics (Array) to expand its offering of specialized clinical research solutions. The company plans to invest in growing Array and its highly regarded biostatistical capabilities.

Experity Announces Acquisition of Calibrater Health
Experity (@experityhealth), a provider of clinical and practice management software to the urgent care space, announced that it has acquired Calibrater Health, a provider of feedback management solutions. The acquisition enables Experity to strategically expand its industry-leading patient engagement offering with reputation management capabilities tailor-made to meet the needs and demands of the rapidly growing urgent care industry.

Contract News:

Saratoga Hospital Uses Vocera Solution to Prepare for COVID-19 and Improve Staff Safety
Vocera Communications, Inc. (@voceracomm), a provider of clinical communication and workflow solutions, announced that Saratoga Hospital in New York used Vocera Badges worn under personal protective equipment (PPE) to prepare for COVID-19 and manage patient surges before and during the first wave of the pandemic.

Hill Country Memorial Hospital Enhances Patient Safety with Addition of RLDatix’s Surveillance Solution
RLDatix, a global provider of intelligent patient safety solutions, announced that Hill Country Memorial (HCM), a non-profit, acute care community hospital with beds in Fredericksburg, Texas, has signed an agreement to implement RLDatix’s Surveillance solution as another step toward adopting the full Applied Safety Intelligence™ framework. HCM has successfully used RLDatix’s Risk tool for several years, and now wants to augment its patient safety initiatives by helping teams prevent and mitigate the spread of healthcare associated infections (HAIs).

State of Utah Contracts with HHS Technology Group to Build Crisis Management Electronic Health Records System
HHS Technology Group, LLC™ (@hhstechgroup) announced that is partnering with the State of Utah to build and implement a lightweight patient records solution that will facilitate data-sharing among patients, health plans and medical providers during natural disasters and other crises. The new solution will be based on HTG’s MediBook, a cloud-based, blockchain-powered solution that enables the management and sharing of complete longitudinal patient records across multiple, disparate systems.

Making the Cut:

Tridiuum Named Healthcare Innovator of the Year by the Philadelphia Alliance for Capital and Technologies
Tridiuum (@Tridiuum), a provider of digital behavioral health solutions, announced it has been named Healthcare Innovator of the Year by the Philadelphia Alliance for Capital and Technologies (PACT). Tridiuum received the prestigious honor during PACT’s 27th Annual Enterprise Awards ceremony, held virtually on Sept. 9, 2020.