Health IT Business News, Financial Edition – November 21, 2024

Trending News

HITRUST Launches AI Security Assessment with Certification Setting Benchmark for AI Security Assurance
HITRUST, a leader in information security assurance for risk and compliance management, announced the general availability of the HITRUST AI Security Assessment with Certification for AI platforms and deployed systems.

Waystar named one of Fortune’s Best Workplaces in Health Care™ 2024
Waystar is proud to be named one of Fortune’s Best Workplaces in Health Care 2024.

New Solution Prevents Lateral Movement from Ransomware Attacks, Cutting Firewall and Infrastructure Spend in Half
Zscaler, a provider of cloud security, announced the industry’s first Zero Trust Segmentation solution to provide a more secure, agile and cost-effective means to connect users, devices, and workloads across and within globally distributed branches, factories, campuses, data centers, and public clouds.

Cynerio Recognized As Top 100 Healthcare Technology Companies of 2024 by The Healthcare Technology Report
Cynerio, a provider of healthcare cybersecurity, announced its recognition among The Healthcare Technology Report’s Top 100 Healthcare Technology Companies for 2024.

Mergers and Acquisitions

GI Alliance to Partner with Cardinal Health Creating a Scaled Multi-Specialty Managed-Services Platform to Benefit Physicians and Patients
GI Alliance (GIA) announced that it has entered into a definitive agreement with Cardinal Health through which Cardinal Health will acquire a majority stake in GIA, a physician-led, national management services organization supporting independent gastroenterology practices from a combination of GIA physician owners and funds managed by affiliates of Apollo (NYSE: APO). The transaction values GI Alliance at $3.9 billion.

Contract Announcements

Confluence Health Partners with KeyCare to Leverage Epic-Powered Virtual Care Platform
Confluence Health, a North Central Washington healthcare system, announced that it is has partnered with KeyCare, the nation’s first Epic-based virtual care company, to help fulfill its mission of ensuring access to high-quality, cost-effective healthcare services for the region.

Terrebonne General Health System and Inflo Health Partner to Enhance Patient Care, Reducing Delays and Improving Outcomes
Inflo Health, a provider of AI-driven radiology follow-up solutions, announced the launch of a new partnership with Terrebonne General Health System to improve radiology follow-up care.

HealthTap Launches Into Durable Medical Equipment Market and Partners with Aeroflow
HealthTap, a virtual healthcare provider delivering affordable, high-quality primary care, announced its launch into the durable medical equipment (DME) market with its first partner, Aeroflow Health.

Zane Networks Awarded Blanket Purchase Agreement for Health and Human Services’ Health IT Alignment Initiative
Zane Networks, LLC, a provider of healthcare transformation services and solutions, has been awarded a Blanket Purchase Agreement (BPA) by the Office of Acquisition Management Services. The contract – up to $17M per year – is part of the Health IT Alignment Initiative led by the U.S. Department of Health and Human Services (HHS) Office of the National Coordinator for Health IT (ONC) and will enable Zane Networks to provide a range of content, informatics, technical support, and subject matter expertise (SME) services to advance health IT alignment efforts.

Cooper University Health Care Selects NRC Health as New Patient Experience Partner
Cooper University Health Care has selected NRC Health to be its partner in building Human Understanding across its network through humanized healthcare solutions and data-driven insights inline with Cooper’s mission: “To serve, to heal, to educate.”

Ensemble and Independence Health System – Butler Area Announce Strategic Revenue Cycle Partnership
Ensemble and Independence Health System (IHS) announced a strategic end-to-end revenue cycle partnership that will encompass IHS’s Butler Memorial Hospital, Clarion Hospital, Butler Medical Providers and Fastercare.

PatientPay Awarded Provista Contract for Patient Billing Platform
PatientPay, a patient billing and payments partner for acute, ambulatory and specialty care, announced it has been awarded a contract from Provista, a provider of supply chain solutions known for its innovative and cost-effective solutions.

Wolters Kluwer and the Australian College of Mental Health Nurses team up to increase mental health resources
Wolters Kluwer Health and the Australian College of Mental Health Nurses (ACMHN) announced a new editorial relationship, that will provide additional resources for clinicians who care for patients with mental health conditions.

Venture Capitol and Funding

Predictive Heart Monitoring Startup, GPx, Secures New Investment From NEC X; Joins Elev X! Boost Venture Studio Program
NEC X, the Silicon Valley venture studio backed by NEC’s portfolio of advanced technologies and global businesses, announced a new investment in General Prognostics Inc. (GPx), a fast-growing MedTech startup revolutionizing chronic disease monitoring and management.

Making the Cut, Milestones, Accolades, Awards and More

EDETEK Recognized as the Highest Major Contender in Everest Group’s 2024 Clinical Data and Analytics Platforms PEAK
EDETEK, Inc., a global provider of specialized software and services for the biopharma, devices, and diagnostics industries, is proud to announce its recognition as the highest Major Contender in Everest Group’s 2024 Clinical Data and Analytics (CD&A) Platforms PEAK Matrix® Assessment.

Kontakt.io Recognized with Two 2024 Merit Awards for HealthTech
Kontakt.io, a provider of healthcare RTLS and digital transformation, announced that it has been recognized with two awards for healthcare technology in the prestigious 2024 Merit Awards.

Northern Virginia Technology Council Recognizes DrFirst as a Top Tech Leader for Fifth Consecutive Year
Northern Virginia Technology Council (NVTC), the trade association representing the Washington, D.C., region’s technology community, has announced the 2024 NVTC Tech100 honorees. For the fifth year in a row, healthcare IT pioneer DrFirst is honored as an innovative company that develops breakthrough technologies and contributes to the region’s economic vitality.

Reimagine Care Expands Cancer Treatment Services to Support Post-Operative Needs
Reimagine Care, an on-demand cancer care provider, announced an expansion of its innovative symptom-management program to now support surgical oncology patients, transforming the experience of post-operative cancer care.

Zane Networks Awarded Blanket Purchase Agreement for Health and Human Services’ Health IT Alignment Initiative
Zane Networks, LLC, a provider of healthcare transformation services and solutions, has been awarded a Blanket Purchase Agreement (BPA) by the Office of Acquisition Management Services. The contract – up to $17M per year – is part of the Health IT Alignment Initiative led by the U.S. Department of Health and Human Services (HHS) Office of the National Coordinator for Health IT (ONC) and will enable Zane Networks to provide a range of content, informatics, technical support, and subject matter expertise (SME) services to advance health IT alignment efforts.

PeopleOne Health and RosenCare Celebrate Opening of Fourth Health Center in Central Florida
PeopleOne Health, a trailblazer in value-based primary care, and RosenCare, a premier healthcare provider, announced the opening of their fourth health center in Central Florida.