Health IT Business News, Financial Edition – March 27, 2025

Trending News

Radware Named as a Strong Performer in Analyst Report for Web Application Firewall Solutions
Radware, a global provider of application security and delivery solutions for multi-cloud environments, has been named a Strong Performer in The Forrester Wave: Web Application Firewall Solutions, Q1 2025. Radware was among the 10 top web application firewall (WAF) vendors included in the market overview.

Ricoh Scanner Service Wins Gold Award in 2025 Stevie Awards for Sales and Customer Service
PFU America, Inc., the U.S.-based subsidiary of PFU Limited, a Ricoh company and provider of document scanning solutions, announced that its Ricoh Scanner Service was recognized with a Gold Stevie Award in the category of Customer Service Department of the Year – Computer Hardware in the 19th annual Stevie Awards for Sales & Customer Service.

Mergers and Acquisitions

UniDoc Announces Purchase Agreement for AGNES Connect Software from AMD Telemedicine
UniDoc Health Corp., an innovator in the eHealth sector, is pleased to announce it has entered into a definitive purchase agreement for the acquisition of the AGNES Connect software from AMD Telemedicine. This software forms the foundation of UniDoc’s previously announced NEIL Connect software platform.

Cylinder acquires Dieta Health, AI-powered stool imaging technology, to advance AI-driven digestive care
Cylinder, a virtual digestive health provider, announced its acquisition of Dieta Health, creator of the first clinically validated AI-powered stool imaging app. This acquisition will drive Cylinder towards its goal of delivering more personalized digestive care and improving clinical outcomes.

ResultsCX Acquires Aucera
ResultsCX, a provider of Customer Experience Management (CXM) services to global companies including several Fortune 100 and FTSE 250 firms, has acquired Aucera. Formerly known as DialAmerica, Aucera is one of the largest privately owned Customer Experience Management companies in the United States. With this addition, ResultsCX grows its US presence and strengthens its service capabilities in core verticals including Healthcare, BFSI, and Utilities.

Navina secures $55M Series C funding led by Growth Equity at Goldman Sachs Alternatives
Navina, a provider of AI-powered clinical intelligence, announced the successful completion of a $55 million Series C funding round, bringing the total funding to $100 million. The round is led by Growth Equity at Goldman Sachs Alternatives, with participation from existing investors, including Vertex Ventures Israel, Grove Ventures and ALIVE.

Walgreens Boots Alliance Enters into Definitive Agreement to Be Acquired by Sycamore Partners
Walgreens Boots Alliance announced that it has entered into a definitive agreement to be acquired by an entity affiliated with Sycamore Partners, a private equity firm specializing in retail, consumer and distribution-related investments. The total value of the transaction represents up to $23.7 billion1.

Contract Announcements

CentralReach Expands Preferred Partnership Network with Workforce Applicant Tracking System Apploi
CentralReach, a provider of autism and intellectual and developmental disabilities (IDD) care software, announced a new preferred partnership with Apploi, a workforce management platform in healthcare. Through this partnership, Apploi officially enters the CentralReach Preferred Partner Network, furthering CentralReach’s commitment to providing autism and IDD care providers with a full array of resources to empower their businesses.

The American Cancer Society and Layer Health to Accelerate Data Abstraction for Cancer Research
Layer Health, a provider of artificial intelligence (AI)-driven healthcare technology, announced a multi-year collaboration with the American Cancer Society (ACS) that will use large language models (LLM) to accelerate cancer research.

Canopy and Texas Oncology Announce Multi-Year Partnership to Improve Patient Outcomes
Canopy, the first Continuous Care Platform for oncology, announced a multi-year partnership with Texas Oncology, one of the nation’s largest community-based oncology practices, encompassing nearly 1,000 providers across 280 locations in Texas. Building on the success of an initial pilot at Texas Oncology’s Amarillo Cancer Center, the collaboration will extend Canopy’s advanced platform to deliver enhanced, proactive care for patients across the Texas Oncology Network.

Sentara and Inflo Health Unite for Next-Generation Follow-Up Care
Inflo Health, a provider of high-reliability follow-up care solutions, announced a new partnership with Sentara, the leading, integrated, not-for-profit healthcare system serving North Carolina and Virginia. This collaboration is designed to improve follow-up care for Sentara’s patient population, advancing Sentara’s goals of innovation, exceptional patient experience, and clinical quality.

Making the Cut, Milestones, Accolades, Awards and More

One year later, Marathon Health celebrates merger
Marathon Health, a provider of advanced primary care for employers and unions across the U.S., announced the successful completion of the company’s merger integration – just one year following its merger with Everside Health.

Brook.ai Wins Digital Health Award for Pioneering Work in AI-Powered Remote Care Management
Brook.ai, a provider of remote patient care management and AI-powered health support, announced its recognition with a bronze award in the Connected Digital Health Telehealth/Remote Patient Monitoring category in the 26th annual Digital Health Awards®. The prestigious competition, organized by the Health Information Resource Center (HIRC), celebrates excellence and innovation in digital health resources.

Other Business News

Hallmark Launches Bold New Brand Campaign to Transform Healthcare Staffing
Hallmark, a healthcare workforce management technology company, unveiled a groundbreaking brand campaign that creatively addresses one of healthcare’s most pressing challenges—clinical staffing shortages and the downstream impacts of clinician engagement, patient safety, and unsustainable costs.

DNA testing firm 23andMe files for bankruptcy as demand dries up
23andMe filed for bankruptcy in the U.S. after struggling with weak demand for its ancestry testing kits and a 2023 data breach that damaged its reputation.