Health IT Business News, Financial Edition – January 2, 2025

Trending News

Nokia Turns to Zscaler to Modernize Security Architecture and Accelerate Cloud Transformation Initiatives
Zscaler, a provider of  cloud security, announced that Nokia, a multinational technology leader in pioneering networks, digital services and applications, is deploying the Zscaler Zero Trust Exchange™ platform to enhance its security, operational efficiency, and cloud capabilities.

Infinx Completes 2024 HIPAA Assessment Across Global Operations
Infinx, a trusted provider of AI-powered solutions for patient access and revenue cycle management, is proud to announce the successful completion of its 2024 HIPAA Assessment, conducted by Ernst & Young (EY), with compliance verified across all applicable domains of the HIPAA Privacy Rule, Security Rule, and Breach Notification Rule.

Mergers and Acquisitions

Avel eCare Announces the Acquisition of Hospital Pharmacy Management to Enhance Pharmacy Telemedicine Services
Avel eCare, a national provider of clinician-to-clinician telemedicine services, announced the acquisition of Hospital Pharmacy Management, Inc. (HPM), a Kansas-based provider of remote medication order review and onsite pharmacy management services to hospitals and health systems. The deal strengthens and builds on Avel’s existing remote pharmacy services.

NeueHealth Acquires Full Ownership of Centrum Health
NeueHealth, Inc., the value-driven healthcare company, announced that Centrum Health, one of the Company’s value-driven clinic brands, became a wholly owned subsidiary through the Company’s acquisition of the remaining 25% equity interest of the business that it did not already own.

Commure acquires patient navigation platform Memora Health
AI and software company Commure has acquired Memora Health, a digital care navigation platform launched out of the Harvard Innovation Labs.

Contract Announcements

DocGo and SHL Telemedicine Partner to Revolutionize Patient Access to Cardiovascular Care
DocGo Inc., a provider of technology-enabled mobile health services, announced an expanded partnership with SHL Telemedicine to integrate the SmartHeart® portable 12-lead ECG device across DocGo mobile health care units. This expanded collaboration, initially launched in the New York-New Jersey area, will now bring advanced cardiovascular diagnostics to patients’ homes and underserved communities in additional markets across the country.

OneStep and HTS Partner to Revolutionize Fall Prevention and Senior Care with AI-Powered Motion Analysis
OneStep, the AI-powered digital care platform, announces an exciting partnership with Healthcare Therapy Services, Inc. (HTS), a provider of contract therapy services.

Making the Cut, Milestones, Accolades, Awards and More

Upward Health Ranks No. 6 on the 2024 Inc. 5000
Upward Health, a risk-bearing, in-home medical group, announced that it ranks No. 6 on the 2024 Inc. 5000 list of the fastest-growing private companies in the United States. As a two-time, top 10 honoree, it also claims the position of No. 1 for companies headquartered in the State of New York for the second consecutive year.

Other Business News

Lynx.MD is now Latica: A New Healthcare Ecosystem for Advanced Collaboration
Latica is excited to announce that Lynx.MD is now Latica! When Lynx.MD was founded in 2019 they established a mission to transform the healthcare industry by providing the best-in-class secure data ecosystem, where data scientists leverage clinical and operational data to create innovative solutions that drive value and impact. While their mission remains unchanged, their new name reflects an expanded vision to transform the healthcare industry through the power of data and collaboration.