Health IT Business News, Financial Edition – August 22, 2024

Trending News

GenieMD Awarded Frost & Sullivan’s 2024 Company of the Year Award for Pioneering Virtual Chronic Disease Management Solutions Through Its Unified Virtual Care Platform
Frost & Sullivan recently researched the North American virtual chronic disease management industry and, based on its findings, recognizes GenieMD with the 2024 Company of the Year Award.

Waystar Wins Stevie® Awards for Company of the Year and AI Solutions in Healthcare
Waystar Holding Corp., a provider of healthcare payment software, today announced that it has been recognized with a series of Stevie® Awards as part of the 2024 International Business Awards® (IBAs).

Clinical Architecture Selected as Amazon HealthLake Partner
Clinical Architecture, a healthcare data quality and interoperability leader, announced that it has been selected by Amazon Web Services (AWS) as an Amazon HealthLake Partner. Amazon HealthLake is a HIPAA-eligible service that enables hospital systems, health insurers, and life sciences organizations to store, transform, query, and analyze health data at scale.

Mergers and Acquisitions

Knack Global Acquires Anesthesia RCM Leader, Merrick Management, Inc.
Knack Global, a provider of tech-enabled, end-to-end revenue cycle management solutions, is pleased to announce its acquisition of Merrick Management, Inc. Founded in 1975 with offices in Lexington, Kentucky, Merrick provides comprehensive RCM, practice management, accounting, and tax services to anesthesia providers across the southeast.

Stryker announces definitive agreement to acquire care.ai, a virtual care and ambient intelligence solutions platform
Stryker, a global provider of  medical technologies, announced a definitive agreement to acquire care.ai, a privately held company specializing in delivering AI-assisted virtual care workflows, smart room technology and ambient intelligence solutions. The acquisition will strengthen Stryker’s growing healthcare IT offering and wirelessly connected medical device portfolio.

Contract Announcements

LSU Athletics Becomes First College Sports Program to Use AI-Enabled Digital Stethoscopes From Eko Health to Care for Student-Athletes
Eko Health, a pioneer in applying artificial intelligence (AI) for early detection of heart and lung diseases, LSU Athletics, and Our Lady of the Lake Health are teaming up to elevate and enhance LSU’s elite student-athlete heart health and preventive care programs.

UChicago Medicine and Loyal Partner for Directory Listings Services
Loyal, a healthcare technology company dedicated to enabling a healthier life for all, announced its partnership with UChicago Medicine, a not-for-profit academic health system based on the campus of the University of Chicago in Hyde Park. UChicago Medicine will use Loyal’s Directory Listings solution to manage provider and location information with third-party website integration.

Nuvance Health expands at-home cognitive care program to primary care practices
Nuvance Health has expanded Neuroglee Connect™ for mild cognitive impairment (MCI) and early-stage dementia from its neurology to primary care practices across New York and Connecticut. Now, more people have access to interventions for MCI and early-stage dementia, enhancing the quality of life for individuals and caregivers.

Greenway Health and Leading Pediatric Practice Expand Revenue Services Partnership
Greenway Health, a health information technology services provider, proudly announces a significant expansion in its partnership with Pediatric Associates, one of the largest pediatric practices in Columbus, Ohio.

Firefly Neuroscience Forms Strategic Partnership with Neurology Consultants of Dallas (NCD) 
Firefly Neuroscience, Inc., an Artificial Intelligence technology company developing innovative neuroscientific solutions that improve brain health outcomes for patients with mental illnesses and neurological disorders, announced that it has formed a strategic partnership with the Neurology Consultants of Dallas to help enhance early detection efforts and disease management for patients suffering from cognitive decline.

Tendo Announces Partnership with Shriners Children’s Healthcare System Increasing Access to Affordable Pediatric Care
Tendo, the national healthcare services platform connecting providers, employers, and patients to transparent and transactable healthcare, announces its partnership with Shriners Children’s.

Making the Cut, Milestones, Accolades, Awards and More

Vita Health Expands Behavioral Health Clinician Team Increasing Access to Mental Health Services
Vita Health, the only provider of clinically validated suicide care for adults and adolescents, has doubled its team of telehealth clinicians to expand access to critical mental health services across the US.

The Physicians Foundation Announces New Recipient in Leadership Award Program, Recognized for Addressing Drivers of Health
The Physicians Foundation is proud to announce Jubril Oyeyemi, M.D., Founder and CEO of Cherry Hill Free Clinic (CHFC), Chief Medical Officer at Camden Coalition and Medical Director for Community Health at Virtua Health, as the recipient of the Dr. Buz Cooper Award for Addressing Drivers of Health.

ResultsCX Wins Three Stevie® Awards for Great Employers, Taking Gold and Bronze Honors
ResultsCX, a provider of Customer Experience Management (CXM) services to global companies including Fortune 100 and 500 firms, has earned three awards in the ninth annual Stevie® Awards for Great Employers. ResultsCX received Gold Stevie awards in the Recruitment Team of the Year (US) and Women Leadership categories and a Bronze Stevie award in the Flexible Work Model category, reflecting its commitment to cultivating a supportive, inspiring work environment where employees thrive as the company continues to grow.

Inc. Names 1upHealth No. 95 on the 2024 Inc. 5000
Today, Inc. announced that 1upHealth, a FHIR® platform provider for claims and clinical data interoperability, ranked No. 95 on the 2024 Inc. 5000, the annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment-its independent, entrepreneurial businesses.

Clarify Health Listed Twice in Gartner® Hype Cycle™ for U.S. Healthcare Payers, 2024
Clarify Health, an award-winning healthcare data and analytics company, proudly announces its inclusion for the second consecutive year in Gartner Hype Cycle for U.S. Healthcare Payers, 2024 (July 2024) in Next-generation Value-based Payment (NGVBP) and Price Transparency Analytics categories. Both the categories received a “High” Benefit Rating from Gartner because it “enables new ways of performing horizontal or vertical processes that will result in significantly increased revenue or cost savings for an enterprise.”