Health IT Business News, Financial Edition – August 8, 2024

Trending News

Pharmacy Interoperability Takes Center Stage in Joint Initiative Between The Sequoia Project and Surescripts
The Sequoia Project, a non-profit and trusted advocate for nationwide health information technology (health IT) interoperability, announced the launch of a new Pharmacy Workgroup as part of its flagship Interoperability Matters program.

Zscaler’s Annual Ransomware Report Uncovers Record-Breaking Ransom Payment of US$75 Million, Reinforcing the Need for Zero Trust
Zscaler, Inc., a provider of cloud security, published its Zscaler ThreatLabz 2024 Ransomware Report, which analyzed the ransomware threat landscape from April 2023 through April 2024.

Mergers and Acquisitions

AvaSure to Acquire Ouva’s AI-Powered Smart Room Solutions
AvaSure, a provider of acute virtual care, announced that it has acquired Ouva’s smart room solutions to accelerate innovation with AI-powered virtual care solutions for hospitals. The acquisition will expand the ambient AI capabilities of AvaSure’s Intelligent Virtual Care Platform and double in-house AI engineering resources, highlighting AvaSure’s dedication to fast innovation and excellence in virtual care technology.

Contract Announcements

Artera Expands Support for Underserved Communities With Multiple New Federally Qualified Health Center Partners
Artera, the SaaS digital health leader in patient communications, announced a major expansion in the federally qualified health center (FQHC) market with 12+ new partners, two of which include Bedford-Stuyvesant Family Health Center and Mose Lake Community Health Center.

Providence Expands Engagement with Xsolis to Bring AI-Driven Operational Efficiencies to 28 Additional Hospitals in Six States, Advancing Patient-Centered Care
Providence, a not-for-profit Catholic health system, announced an expansion of its partnership with Xsolis, the AI-driven health technology company fostering collaboration between healthcare providers and payers.

Ochsner Health Selects DeepScribe to Bring Ambient AI to Their 4,700 Clinicians
DeepScribe, a provider of ambient AI clinical documentation, announces an enterprise-wide agreement that brings their technology to Ochsner Health, a nonprofit healthcare provider in the Gulf South. DeepScribe ambient AI turns each patient conversation into a complete, accurate note with real-time insights for clinicians, empowering them to be fully present with the patient while helping health systems achieve quality and value-based goals.

Prime HealthCare, PC Chooses athenahealth to Ensure Practice Independence and Drive Continued Growth
athenahealth, Inc., a provider of network-enabled software and services for medical groups and health systems nationwide, announced that Prime HealthCare, PC, a Hartford, CT-based multispecialty medical group, selected athenahealth’s comprehensive electronic health record (EHR), revenue cycle management (RCM), and patient engagement solution, transitioning from their previous vendor, to drive the next generation of the organization’s evolution.

Samaritan Medical Center Chooses Loyal to Manage Its Online Directory Listings
Loyal, a healthcare technology company dedicated to enabling a healthier life for all, announced its partnership with Samaritan Medical Center, Watertown, New York, a comprehensive nonprofit network of a hospital, clinics, long term care, home health and physicians services in northern New York. The system will leverage Loyal’s Directory Listings solution to manage provider and location information and increase patient engagement and conversion rates.

Adonis Joins athenahealth’s Marketplace Program to Bring AI to RCM, Improving Healthcare Financial Outcomes and Patient Experiences
Adonis, a provider of healthcare financial technology, announced an agreement 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 leverage AI-driven revenue cycle analytics.

GI Alliance to Implement Klara Solution to More than 15 Million Customers Across the Country
Practice technology leader ModMed® announced that GI Alliance, a management company of managed gastrointestinal healthcare practices, has taken a significant step forward in enhancing its communication and care coordination by integrating Klara® Patient Collaboration tools, powered by ModMed, into the operations of the practices.

Nebraska Methodist Selects QGenda Healthcare Workforce Management to Displace Legacy Tech for System-Wide Scheduling and Time and Attendance
QGenda, a provider of healthcare workforce management solutions, announced that Nebraska Methodist Health System selected QGenda ProviderCloud™ to optimize workforce utilization, enhance operational efficiency, and elevate the workforce experience across its entire organization.

Other Business News

1upHealth Launches Customer Advisory Board to Advance Industry-Wide Interoperability and Fuel Technological Innovation
1upHealth, a health data management platform provider for claims and clinical data interoperability, announced it has formed a Customer Advisory Board (CAB) to leverage the unique expertise of its client base and drive company and industry innovation. The CAB showcases a broad collective of executives from leading health plans such as MMM, Mass General Brigham Health Plan, AIDS Healthcare Foundation (AHF), Cigna Healthcare, Fallon Health, and MCS.