Health IT Business News, Financial Edition – July 25, 2024

Trending News

NextGen Healthcare Tapped by Advanced Heart Group to Enhance Patient Experience, Boost Operational Efficiency
NextGen Healthcare has been selected by Illinois-based Advanced Heart Group (AHG) to streamline practice operations with NextGen® Enterprise EHR (electronic health record) and NextGen® Enterprise PM (practice management).

Inovalon Launches Provider Market Insights to Empower Life Sciences Organizations With Superior Market Data
Inovalon, a provider of cloud-based software solutions empowering data-driven healthcare, launched Provider Market Insights, a SaaS solution leveraging the industry’s largest primary source patient dataset to meet the high demand for comprehensive analyses by life sciences organizations across the provider landscape.

Mergers and Acquisitions

Actility Acquires APIK to Revolutionize Search and Rescue Technology
Actility is pleased to announce the acquisition of API-K, a technology startup founded in Grenoble specializing in outdoor geo-security. Prior to this acquisition, API-K and Abeeway, a 100% subsidiary of Actility, had already been collaborating for years on the design of equipment and low-power IoT LoRaWAN® networks for ski resorts.

HHAeXchange Acquires Generations Homecare System, Enhancing its Software Platform for Homecare Stakeholders
HHAeXchange, a provider of homecare management solutions for providers, managed care organizations (MCOs), state Medicaid agencies, and fiscal intermediaries, announced its acquisition of Generations Homecare System.

Linus Health Acquires Together Senior Health to Expand its Platform to Better Serve Patients and Providers with End-to-End Workflow Capabilities
Linus Health, a digital health company enabling early detection of cognitive impairment, Alzheimer’s and other dementias, announced its acquisition of Together Senior Health (Together), a brain health company delivering evidence-based solutions for individuals with cognitive decline, Alzheimer’s disease and related dementias.

Contract Announcements

FlyteHealth Joins Tendo’s Healthcare Marketplace, Offering Medical Obesity Treatment to Consumers, Navigators, and Employers
Tendo announced that FlyteHealth, a tech-enabled healthcare services organization, has partnered with Tendo to provide medical obesity treatment programs through Tendo’s Care Connect and MDsave marketplaces.

RosenCare and PeopleOne Health Join Forces to Transform Healthcare Market in Florida
RosenCare, a premier healthcare provider known for its cutting-edge healthcare solutions, ease of access and its quality, announced a new partnership with PeopleOne Health, a pioneer in value-based primary care.

MedAxiom Partnership Amplifies Carta Healthcare’s Cardiology Solutions
MedAxiom, the cardiovascular community’s premier source for organizational performance solutions, is excited to announce a strategic alliance with industry partner Carta Healthcare®, whose mission is to harness the value of clinical data.

Aledade and eClinicalWorks Partner to Enhance Physician Experience through Ambient Listening Technology
Aledade, the nation’s largest network of independent primary care, and eClinicalWorks®, the nation’s largest ambulatory cloud electronic health record (EHR), announced a partnership to improve practice experience through enhanced EHR workflow and connectivity technology.

HealthReach Community Health Centers Selects InteliChart’s Patient Portal to Improve Both Patient Experience and Health Outcomes
InteliChart, an award-winning provider of patient engagement solutions, announced that HealthReach Community Health Centers (HealthReach) of Maine has chosen InteliChart’s Patient Portal to improve patient engagement and experience quality.

Venture Capitol and Funding

Seven Starling Raises $10.9M in Series A Funding to Expand Access to Specialized Women’s Behavioral Health Services
Seven Starling, a virtual provider of women’s behavioral health services, has announced the successful closing of its $10.9 million Series A funding round.

Longeveron Announces $9.0 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
Longeveron Inc., a clinical stage regenerative medicine biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions, announced that it has entered into definitive agreements for the issuance and sale of an aggregate of 2,236,026 shares of its Class A common stock (or common stock equivalents in lieu thereof) at a purchase price of $4.025 per share of Class A common stock (or per common stock equivalent in lieu thereof) in a registered direct offering priced at-the-market under Nasdaq rules.

Making the Cut, Milestones, Accolades, Awards and More

SPRY Achieves Record Growth in Revenue, Customers and Products
SPRY Therapeutics, creator of rehab therapy’s first fully integrated AI-powered EMR, announced that it has achieved a 153% year-over-year increase in annual recurring revenue (ARR), further solidifying the company’s position as one of the fastest-growing innovators in practice and clinical management software over the past 12 months.

symplr Named #1 Client-rated Provider Data Management & Credentialing Solution
symplr®, a provider of enterprise healthcare operations software, has been named the top-ranked end-to-end provider data management & credentialing platform for payers in Black Book’s 2024 survey.

TruBridge Achieves Consecutive Year HFMA Peer Reviewed Status for Complete Business Office and Revenue Cycle Management Solutions
TruBridge, Inc., a healthcare solutions company, proudly announces that it has received the “Peer Reviewed by HFMA®” designation for its Complete Business Office solution for the fourth consecutive year and for its Revenue Cycle Management solution for the seventh consecutive year.